13 Next Crypto to Explode in 2024 – Next Big Cryptocurrency

10. Doge2014 – Meme Token Celebrates the 10-Year Anniversary of Dogecoin

The next token with high potential is Doge2014 ($DOGE2014), an ERC-20 token celebrating Dogecoin’s 10th anniversary. Priced at $0.00027 during presale, mirroring Dogecoin’s original valuation, Doge2014 aims to replicate its predecessor’s success. Besides the nostalgic pricing, $DOGE2014 offers additional benefits to long-term holders.

For instance, $DOGE2014 can be staked to earn a high APY. At the time of writing, the $DOGE2014 staking APY is more than 13,000%. From a total supply of 100 billion, 100 million tokens are staked on Doge2014.

In the long term, 25% of the total supply will be distributed as staking rewards. Thus, the high staking rewards could make Doge2014 the next token to explode. In just a few days, Doge2014 has raised $100K on presale.

Read the Doge2014 whitepaper and join the Telegram channel to learn more about this project.

11. SpacePay – Decentralized Crypto Payment Protocol Offers Monthly Airdrops and a Revenue-Share Model

The next coin which can explode in 2024 is SpacePay ($SPY). This is a decentralized payment protocol that allows customers to make crypto payments at retail locations.

SpacePay revolutionizes POS (Point-of-Sale) payments by introducing its terminal-agnostic crypto payment protocol. This is compatible with over 325 crypto wallets, and will allow millions of customers to conduct transactions with their digital assets.

$SPY, an ERC-20 token, has been created to drive growth and incentivize user engagement. Every month, SpacePay will airdrop $SPY tokens to the most active platform users. SpacePay will also offer a portion of its revenue to token holders to promote platform adoption.

Token holders get voting rights on SpacePay and access to webinars with the management team. This coin is already off to a strong start through its presale campaign – raising more than $250K in a few days.

Once $SPY lists on exchanges, it can explode due to the multiple use cases and reward-earning opportunities. Learn more by reading the SpacePay whitepaper and joining the Telegram channel.

12. Race to a Billion ($BDJ) – A Transparent F1 Betting Platform with High Staking Rewards

Race to a Billion ($BDJ) is another crypto that could explode next. The project aims to transform the Formula 1 spectator experience by combining new-age technology with the excitement of racing. The sports betting sector is expected to expand at a 7% CAGR by 2020 and reach $65.68 billion. The platform provides F1 prediction markets so fans can compete internationally and predict race results.

The platform’s recently launched ICO allows early buyers to buy its native $BDJ tokens for only $0.0076 each. At the time of writing, you can also earn a high staking APY of over 6,000%.

$BDJ tokens have a supply cap of 2.5 billion tokens. The presale offers 40% of these tokens at a discounted rate. The remaining tokens are set aside to reward the community and for the platform’s long-term expansion.

Key features include prediction markets, end-of-season jackpots, and $BDJ rewards for its users. The project’s roadmap includes phases for ICO launch, token generation, platform launch, first jackpot event, and expansion into other sports markets.

Interested buyers can follow Race to a Billion’s X (formerly Twitter) handle and enter its Telegram group for the latest updates.

13. Hypeloot – Crypto Casino Offers Staking and NFT Rewards, Over $1.9M Raised on Presale

Hypeloot, launched in 2022, is a cryptocurrency casino that utilizes its native token, $HPLT, for various use cases. Since its inception, it has attracted nearly 200,000 users and processed over 95 million bets. On Hypeloot, users can win luxury goods and tech products by opening mystery boxes and engage in provably fair games like Crazy Wheel and Plinko. $HPLT token holders receive free gaming credits across the casino ecosystem.

With $HPLT, token holders can earn passive income through staking. Hypeloot uses part of its casino revenues to buy back $HPLT tokens via a smart contract, with 50% offered to investors in the staking pool and the other 50% burnt to reduce supply. As staking rewards increase and supply decreases, the token price could rise significantly.

To attract more investors, Hypeloot will release its Hypes NFT collection, with presale investors having a higher chance of winning NFTs.

Stay updated with this crypto casino by going through the Hypeloot whitepaper and joining the Telegram channel.

What Causes a Cryptocurrency to Explode in Price?

There are many factors that can cause a cryptocurrency to explode. Oftentimes, this is achieved in a short period of time. As we mentioned earlier, it took just three weeks for Pepe to increase by 7,000%. That’s returns of $7,000 for every $100 invested.

Understanding the underlying factors can help you find the next cryptocurrency to explode.

Positive News and Developments

The fundamentals of a cryptocurrency can have a hugely positive impact on its value. In other words, if a positive news story breaks about a particular project, it can motivate investors to buy the respective cryptocurrency.

• Ripple is a good example of this.
• Ripple had been in a legal battle with the SEC for over three years.
• The SEC claimed that Ripple has sold unregistered securities to investors via XRP tokens.
• In July 2023, the courts ruled in favor of Ripple.
• The result? Ripple went on to generate gains of 70% within 24 hours of the news being announced.

This shows that investors should keep abreast of key news developments when searching for the next cryptocurrency to explode. It’s worth checking the news at least once a day to assess key market updates.

If the news is reported by a mainstream publisher, such as Bloomberg or the Wall Street Journal, even better. After all, this will ensure that the positive news is broadcast to a wide audience, rather than just the cryptocurrency community itself.

Adoption by a Major Company

Cryptocurrencies are still an emerging asset class. So when a cryptocurrency is adopted by a major company, this is big news for the industry as a whole.

• For example, in February 2021, Tesla announced that it would be investing $1.5 billion in Bitcoin.
• As one of the largest companies globally, this naturally caught the attention of the broader markets.
• In fact, prior to the news, Bitcoin was priced at $39,000.
• Within a couple of days, Bitcoin had increased to over $48,000. This represents growth of over 28%.

While not overly significant in cryptocurrency terms, the news also resulted in altcoins increasing.

Hype and FOMO

Outside of the fundamentals, hype and FOMO (fear of missing out) play a major role in the cryptocurrency markets. These metrics alone can result in a cryptocurrency exploding by 100x or more. Hype is created in many ways, but often through social media channels. For example, Tweets, Reddit posts, and Telegram groups.

Either way, the more people that know about a cryptocurrency, the better chance it has of exploding. And, as more people see that the cryptocurrency is increasing in value, this encourages new investors to enter the market. This speculative approach to cryptocurrencies can yield unprecedented gains. But it can also result in substantial losses.

Nonetheless, Shiba Inu is a good example of how hype can create FOMO, and subsequently huge profits for investors.

According to CoinMarketCap, Shiba Inu was initially priced at just $0.000000001009. After its launch in March 2021, Shiba Inu attracted significant interest in the cryptocurrency community.

Just eight months later, Shiba Inu hit highs of $0.00008845. This translates to growth of over 8.7 million percent.

Crucially, Shiba Inu had no identifiable use cases at the time – other than being a ‘Dogecoin Killer’. While irrational, it shows the power that hype and FOMO can have on the value of cryptocurrencies.

Technological Advancements

Cryptocurrencies can also explode when they make fundamental improvements to their underlying technology. For example, in the build-up to Ethereum’s ‘Merge’ upgrade, the cryptocurrency went on a prolonged bull run.

Conversely, cryptocurrencies can tank in value if their technology witnesses issues, such as a smart contract hack.

Broader Market Sentiment

Cryptocurrencies, like many trading markets, go through cycles. During a bull cycle, there is a lot of positive sentiment surrounding the cryptocurrency industry. For example, throughout most of 2020 and 2021, most cryptocurrencies went on an extended bull run. This meant that a majority of cryptocurrencies experienced sizable gains.

During bull cycles, significant amounts of capital inflows are put into cryptocurrencies. This means that even projects without any use cases or utility can yield huge growth.

That being said, bear markets also offer plenty of investment opportunities. As mentioned, Pepe grew by over 7,000% after launching in April 2023. However, the process of finding the next big cryptocurrency during a bear market is more challenging. As such, you’ll need to put in a lot of groundwork to find a hidden gem.

How We Picked the Next Big Cryptocurrencies

Now that we’ve explained what can cause a cryptocurrency to explode, we’ll take a closer look at our own methodology. In this section, we explore how we picked the next big crypto for 2024.

Fundamentals of the Project

Many successful cryptocurrencies have solid fundamentals. This means that the project has an identifiable use case and that its native token has utility. These are metrics that seasoned investors look for in a cryptocurrency. After all, it gives the cryptocurrency project the best chance of long-term growth.

SushiSwap is a great example of a cryptocurrency that has attractive fundamentals. It enables traders to buy and sell cryptocurrencies anonymously and without needing to use a third party. It also enables users to earn interest on their idle cryptocurrencies through yield farming.

Similarly, Chainlink also has great fundamentals. It operates in a huge marketplace, as virtually all smart contract blockchains require Oracles. Without them, they can’t bridge the gap between on-chain and real-world data. And, its customers require LINK tokens to use its Oracle technology, so the use case is clear.

Therefore, when researching which projects could be the next cryptocurrency to explode, it’s important to look at the fundamentals.

Cheap Entry Points During a Bear Market

Seasoned stock investors will buy blue-chip companies during a bear market. Why? Because they can buy quality stocks at a huge discount. Crucially, bear markets cause most stocks to decline in value, irrespective of the company’s fundamentals.

The same concept is used by cryptocurrency investors.

• For example, consider that Bitcoin hit its all-time high in November 2021.
• The world’s largest cryptocurrency went from highs of over $68,000 to under $16,000 a year later.
• Did any of Bitcoin’s fundamentals change? No, but that didn’t stop it from declining by over 75%.
• Shrewd investors would have invested in Bitcoin for the discount on offer.

There are significant discounts available in the cryptocurrency markets right now – especially with altcoins. For example, some of the industry’s top 100 cryptocurrencies by market capitalization are trading 70-95% below their all-time highs. These projects continue to operate and have the same fundamentals.

So, if and when the next bull market arrives, these quality cryptocurrencies could recover their former highs. Some might even go on to set record new peaks. For example, Uniswap is currently trading almost 90% below its all-time high. If Uniswap gets back to its all-time high during the next bull cycle, it will produce growth of 900%.

Cryptocurrencies With a Small Market Capitalization

The next cryptocurrencies to explode are likely going to be new projects with a small market capitalization. The concept is simple; If a cryptocurrency has a small market capitalization, it will attract lower liquidity levels. In turn, even a small amount of buying pressure can generate significant growth. Moreover, small-cap cryptocurrencies have more room to grow.

Consider the same example but with Ethereum. This cryptocurrency already has a market capitalization of about $200 billion. As such, gains of 25x would require a market capitalization of over $5 trillion. This would make Ethereum more valuable than any company listed on the NYSE or NASDAQ – including Apple and Amazon.

Community and Market Interest

We mentioned earlier that hype and FOMO can determine the next crypto to explode. This is just the nature of the cryptocurrency markets, which are irrational, speculative, and super-volatile.

The power that a strong community can have on a cryptocurrency’s value should not be understated. This was evident with Shiba Inu’s price growth in 2021.

In addition, we also looked at a range of other ongoing presales to assess the broader market sentiment. If a project has raised a significant amount of capital from presale investors – especially during a bear market, this is a good sign.

Innovative Products or Services

Just like stock growth investors, it can pay off to focus on cryptocurrencies that offer a unique product or service. This should offer a solution to a real-world problem. For example, those who foresaw the future of electric vehicles would have invested in Tesla stock in 2010. While risky at the time, Tesla increased by nearly 20,000% since its 2010 IPO.

We followed the same concept when researching the next cryptocurrency to explode.

• For example, we particularly like the innovation of WienerAI.
• This project offers a real-world solution to newbies who want to start trading crypto.
• It offers a free trading companion who can execute bots.
• Moreover, it also offers a chatbot to learn more about crypto and investing
• We also like that WienerAI is a presale project, meaning investors can gain exposure from the ground up.

Just remember that while a project might be working on a real-world solution to existing problems, there is no knowing if it will achieve its goals. Always take the claims made by a cryptocurrency project with skepticism. Perform as much research into the project as you can to give yourself the best chance of success.

Where to Find High-Potential Cryptos

We’ve now explained our methodology for finding the next cryptocurrency to explode. Next, you’ll need to know where to look when building a portfolio of high-potential cryptocurrencies.

Here are some pointers on where to discover the most promising cryptocurrency projects for 2024.

Presale Listing Websites and Exchange Launchpads

If you’re looking for the next cryptocurrency to explode and want to focus on newly launched projects, there are several methods you can use.

First, there are third-party websites that list upcoming presales (also known as initial coin offerings or ICOs). These websites provide information on new launches and often include pricing information and links to its whitepaper. You can then do some research on the project and decide whether it aligns with your financial goals.

While most presales are run directly on the project’s website, some use exchange launchpads. For example, KuCoin’s Spotlight dashboard offers access to new cryptocurrencies before they are listed on its primary exchange. Binance’s Launchpad offers a similar service.

• Another option is to look at specialist launchpad platforms, such as DAO Maker, Polkastarter, and Seedify.
• These are similar to KuCoin Spotlight and Binance Launchpad, as they help new cryptocurrencies with their presale campaigns.
• However, the drawback is that these launchpads often require investors to ‘vest’ their tokens.
• This means that investors won’t be able to sell their presale tokens until a specified timeframe has passed – often several months.

Instead, we prefer direct presales like Pepe Unchained and WienerAI. There are no vesting requirements with these presales, so investors can sell their tokens wherever they want (after the exchange listing).

DexTools Daily Gainers and Hot Pairs

DexTools is also a great option when searching for the next best cryptocurrency to explode. This platform is a data aggregation website for decentralized exchanges. In other words, it’s similar to CoinMarketCap but focuses on cryptocurrencies that trade on DEXs like Uniswap and SushiSwap.

As such, DexTools offers insights into smaller cryptocurrencies that are currently trending. For example, you can sort cryptocurrencies by the biggest gains made in the previous day. Right now, we can see that BEPE and RYOSHI are up 457% and 227%, respectively.

You can then click on the respective cryptocurrency to extract more information. For example, its trading volume over the prior 24 hours and current market capitalization. You will also find links to the project’s website, enabling you to perform additional research.

We also analyze the ‘Hot Pairs’ section on DexTools. While this doesn’t look at price action or volume, it highlights the platform’s ‘most visited’ pairs in the past 24 hours. This is hugely valuable, as you can discover trending coins that are receiving a lot of interest from the broader cryptocurrency community.

As always, never rely exclusively on DexTools. Instead, use it as a base for performing your own research.

Recently Added Cryptocurrencies on CoinMarketCap

Once a new cryptocurrency completes its presale, it will be listed on an exchange. This allows traders to buy or sell the cryptocurrency in live market conditions. This is often the best time to invest in a new cryptocurrency if you missed out on its presale.

The best way to locate these cryptocurrencies is on CoinMarketCap. This is because the majority of newly launched cryptocurrencies will apply for a CoinMarketCap listing for increased exposure. On the CoinMarketCap website, hover your mouse over ‘Cryptocurrencies’ and click on ‘Recently Added.’

This will show you the 30 most recent cryptocurrencies added to CoinMarketCap. You’ll be able to see the cryptocurrency’s increase or decrease in the prior 1 and 24 hours. If the cryptocurrency is already producing solid gains, it could be worth riding the wave.

If you take this strategy, it’s crucial to set up a stop-loss order. This will protect you from losing too much if the cryptocurrency begins to decline. Moreover, it’s crucial to consider the project’s recent trading volume before investing. Some new cryptocurrencies only attract a few thousand dollars in volume, meaning you’ll struggle to find a buyer when it’s time to sell.

Look for Trending Cryptocurrencies on Reddit

The Reddit community is home to millions of cryptocurrency investors, researchers, and general enthusiasts. While it’s also a hotbed for scam projects to market their respective tokens, Reddit can be useful in finding the next cryptocurrency to explode. There are several ways that you can separate the good from the bad.

First, focus on the right subreddits for your objectives. For instance, if you’re looking to target significant gains and are prepared to take on more risk, check out r/SatoshiStreetBets. This subreddit aims to find the next 100x cryptocurrency gems. It has over 736,000 members and plenty of active users.

If you’re looking for general news discussions and analysis, check out r/CryptoCurrency. With over 6.7 million members, this subreddit focuses on more established projects. Nonetheless, it offers great insights into both fundamental and technical data. Moreover, posts usually attract hundreds of comments, so it’s super active.

Follow YouTube Influencers and Analysts

YouTube is another proven way to find the next cryptocurrency to explode. You have several options in this regard, depending on your specific goals.

For example, if you’re looking for an in-depth analysis of established cryptocurrencies, check out Ivan on Tech. This YouTube channel has over 500,000 subscribers and covers a wide range of topics linked to cryptocurrency trends, price analysis, and education.

However, if you’re looking for tips on the best presales and newly launched cryptocurrencies, check out Jacob Bury. This YouTube channel continues to trend with growth investors, as Bury has predicted several cryptocurrencies that have gone on to explode.

One of Bury’s most successful recommendations was Lucky Block. In a nutshell, Lucky Block grew by over 60x after its presale had concluded. Bury was one of the first YouTube influencers to recommend the casino-centric project.

Conclusion

In summary, there are many options to consider when searching for the next best crypto to explode. Not only does this include established cryptocurrencies, but brand-new ones too.

One of the most promising cryptocurrency’s to explode in 2024 is Pepe Unchained (PEPU). It’s a Pepe-themed meme coin that is built on the Ethereum layer-two blockchain.

References:

• https://www.coindesk.com/markets/2023/05/05/pepecoins-bewildering-rise-turned-a-pittance-into-an-almost-5000000-meme-coin-profit/
• https://twitter.com/elonmusk/status/1649784663924244482
• https://coinmarketcap.com/currencies/pepe-2-0/
• https://www.latimes.com/politics/la-na-pol-pepe-the-frog-hate-symbol-20161011-snap-htmlstory.html
• https://www.curacao-egaming.com/
• https://www.swift.com/your-needs/financial-crime-cyber-security/know-your-customer-kyc/kyc-process
• https://brave.com/compare/chrome/performance/
• https://www.binance.com/en-JP/feed/post/593603
• https://blog.chain.link/smart-contract-use-case
• https://academy.binance.com/en/articles/your-guide-to-sushiswap
• https://www.coindesk.com/markets/2023/08/23/dai-stablecoin-surpasses-5b-market-cap-on-higher-yield-lifting-spark-protocol/
• https://coinmarketcap.com/currencies/the-sandbox/
• https://www.reuters.com/markets/currencies/virtual-real-estate-plot-sells-record-24-million-2021-11-23/
• https://v1.cosmos.network/intro
• https://www.coingecko.com/en/coins/enjin-coin
• https://www.bloomberg.com/news/newsletters/2023-07-13/what-does-ripple-xrp-ruling-in-sec-case-mean-for-crypto
• https://www.cnbc.com/2021/02/08/tesla-buys-1point5-billion-in-bitcoin.html
• https://www.cnbc.com/2021/10/27/dogecoin-killer-shiba-inu-is-upheres-what-to-know-before-investing.html
• https://coinmarketcap.com/currencies/shiba-inu/
• https://www.statista.com/statistics/326707/bitcoin-price-index/
• https://twitter.com/elonmusk/status/1636924379086077954
• https://www.youtube.com/channel/UCrYmtJBtLdtm2ov84ulV-yg
• https://www.reddit.com/r/SatoshiStreetBets/
• https://www.reddit.com/r/CryptoCurrency/

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