16+ Next Crypto to Explode in 2024: Expert Cryptocurrency Predictions & Analysis

Currently exploring the next cryptocurrency to explode in 2024? You’re in the right place! We’ve done the homework and identified over 16 cryptocurrencies that could seriously pump this year.

From small-cap gems to promising presales and even some established heavy hitters, we’ve covered all the bases. Whether you’re after high-risk, high-reward plays or a steady bet, we’ve got a mix of projects that could potentially deliver the kind of returns that make your friends wonder if you’ve got a crystal ball!

The Next Crypto to Explode in 2024

Our answer to your question “what is the next crypto coin to explode in 2024?” is contained in one of the following 16+ projects:

Analyzing the Next Cryptos to Explode

We’ll now take a much closer look at the 16+ next cryptocurrencies to explode. Read on to determine which promising cryptocurrencies could be right for your portfolio. 

1. Pepe Unchained ($PEPU) – Ethereum L2 Meme Token, most likely to be the next cryptocurrency to explode

We have picked Pepe Unchained ($PEPU) as the most likely meme token to explode in 2024. Pepe Unchained offers huge growth potential since it is built on Ethereum’s efficient and transparent layer-two (L2) blockchain. It is, undoubtedly, the best crypto to invest in right now.

This L2 token offloads transactions from the main network, increasing efficiency while reducing operational costs. Boasting the potential to explode, Pepe Unchained will cater to long-term investors by promising stellar staking rewards. 

Currently, $PEPU can definitely claim the title of the next big cryptocurrency. This is due to the fact that you can stake the meme coin to generate an APY (Annual percentage yield) of more than 500%. From its 8 billion token supply, 30% will be distributed through staking rewards. At press time, $PEPU can be purchased for $0.0084598 per token on presale as it’s one of the next cheap cryptos to explode. 

Pepe Unchained has raised more than $3.7 million within a month of the presale launch, building interest ahead of the exchange listing. A successful presale sell-out can help the token price to explode ahead of the initial exchange offering. 

To learn more about this meme coin, go through the Pepe Unchained whitepaper, join the Telegram channel, and visit our guide on how to buy Pepe Unchained. 

Visit Pepe Unchained

2. Crypto All-Stars ($STARS): Single Hub for Staking the World’s Best Meme Coins, Get 5,466% Staking APY

Crypto All-Stars ($STARS) is a new meme coin that offers staking yield on a number of popular meme coins. Boasting the potential to explode in the long-term, Crypto All-Stars welcomes meme coin holders to stake all their assets under one ecosystem. 

Through the MemeVault, Crypto All-Stars allows investors to stake popular tokens such as Dogecoin, Pepe, Shiba Inu, Brett, Floki Inu, Bonk, and many more. All staking rewards will be paid out in $STARS tokens. 

To earn 3x the normal APY through the MemeVault, you must already hold a certain amount of $STARS in your portfolio. This is one of the reasons that Crypto All-Stars is shaping up to be the next coin to explode in 2024. 

Investors can also opt to directly stake $STARS and generate an annual yield of up to 5,466%. Over 136 million tokens have already been staked on smart contracts. 

Currently, $STARS is priced at just $0.00138 per token on presale – raising more than $336K in a few days. Stay tuned for more project updates by reading the Crypto All-Stars whitepaper and joining the Telegram channel. 

Visit Crypto All-Stars

3. Flockerz ($FLOCK) – Vote-to-Earn Meme Token, Get Huge Staking Rewards

The next token with the potential to explode is Flockerz ($FLOCK). Flockerz stands out from other meme coins by offering real utility through ‘Flocktopia’ – its Vote-to-Earn ecosystem. 

On Flocktopia, all $FLOCK token holders can access voting rights. This will allow community members to have a say in dictating the platform’s future. In return, Flockerz will reward voters with additional $FLOCK tokens for their loyalty. 

This gives $FLOCK long-term holding potential, as you are rewarded for constantly holding the token. Flockerz can prove to be a good way to generate passive income, as the native token can be staked to earn an APY of up to 65,000%. 

All these reasons can help make Flockerz the next crypto coin to boom. So far, the Flockerz presale has raised over $166K within a few days. For more information, read the Flockerz whitepaper and join the Telegram channel. 

Visit Flockerz

4. Memebet Token ($MEMEBET): Popular Meme Coin Powering a Casino with High P2E Rewards

Memebet Token ($MEMEBET) is an innovative decentralized project that combines the excitement of meme coins with the craze of online gambling. $MEMEBET, the native token, can be wagered on Memebet’s upcoming Casino and sportsbook ecosystem to win huge rewards.

Notably, Memebet is the only Telegram crypto casino where users can wager with meme coins. Along with $MEMEBET, other meme tokens such as $PEPE and $DOGE can be wagered on the Casino games. To reward $MEMEBET token holders for wagering on games, Memebet will provide regular play-to-earn airdrops.

The first season of the $MEMEBET airdrops is being allocated for early presale investors. Currently priced at 0.0259 during its presale, $MEMEBET has the potential for significant growth as the platform gains traction.

In total, Memebet will allocate 1.4 billion tokens out of the total 2 billion token supply through the presale. So far, the presale has managed to raise $465,000 in only one day since the presale launched.  The successful presale launch and multiple in-game rewards can make $MEMEBET the next coin to explode.

Another 20% of the token supply is set aside for Casino and wagering rewards. The more tokens on wagers on the Casino, the higher they can earn on this ecosystem. You can join the Memebet Telegram channel and follow it on X (Twitter) for the latest updates.

Visit Memebet Token

5. Sponge V2 ($SPONGE) – Play-to-Earn Meme Coin Game

Sponge V2 ($SPONGE) blends playful branding with serious technological advancements. While it originates from a meme coin, SPONGE V2 has evolved into a decentralized token with a focus on security, transparency, and community governance.

SPONGEV2 stands out for its future-focused vision, particularly with the planned introduction of a Play-to-Earn (P2E) game, providing opportunities for gamers and crypto enthusiasts to earn tokens through gameplay.

Visit Sponge V2

6. ShibaShootout ($SHIBASHOOT) – Cowboy-themed Meme Coin, Get 1,400% Staking APY

ShibaShootout ($SHIBASHOOT) combines the humor and excitement of Shiba-themed meme tokens with the exciting world of the Wild West. 

This cowboy-themed meme coin takes users on a journey through its virtual wild west world. On this ecosystem, players can participate in lotteries, generate passive income, and win tokens through storytelling competitions. 

Through ShibaShootout’s ‘Campfire Stories’ platform, users get together on an online medium to share their stories about meme coins and trading. The most engaging storytellers are rewarded with $SHIBASHOOT tokens. 

On ShibaShootout, users can increase their earnings by staking $SHIBASHOOT on staking mechanisms. At press time, ShibaShootout  offers an annual staking yield of more than 1,800%. To earn further rewards, $SHIBASHOOT can be used to enter into lotteries. 

The multiple use cases and earning opportunities can help ShibaShootout become the next token to explode. Currently, $SHIBASHOOT is priced at $0.0195 per token on presale. From the 2.2 billion token supply, 770 million tokens are being allocated for the presale. 

For more information, read the ShibaShootout whitepaper and join the Telegram channel. 

Visit Shiba Shootout

7. SpacePay ($SPY) – Decentralized Payment Protocol Supports Crypto Transactions

SpacePay ($SPY) is a revolutionary decentralized project that makes crypto more usable for daily transactions. This project will launch its own terminal-agnostic payment POS (Point-of-Sale) device, which supports crypto transactions. 

At retail locations, customers can scan a QR code on the SpacePay device and make payments by connecting with over 325 cryptocurrency wallets. Therefore, over 400 million crypto traders can make payments with multiple digital assets. 

Due to the unique utility, SpacePay’s native token, $SPY, could be the next crypto to explode in price. Currently, $SPY is priced at $0.00147 during its initial presale round. To incentivize token adoption, SpacePay gives token holders voting rights and access to webinars with the leadership team. 

A portion of tokens will be allocated as airdrops to the most active users on SpacePay. This will help incentivize user adoption of the platform. From a 34 billion token supply, 6.8 billion tokens are being allocated for the presale. 

So far, the presale has raised more than $180K in a few days. Learn more about the project by reading the SpacePay whitepaper and join the Telegram channel. 

Visit SpacePay

8. Race to a Billion ($BDJ) – Predict Formula One Race Outcomes and Win Crypto Tokens

The next coin with the potential to explode is Race to a Billion ($BDJ). This is an online Formula One betting platform where users can predict the outcome of races and win $BDJ token rewards. 

The online crypto sports betting market has taken off in recent years and has a current valuation of nearly $2 billion. According to Race to a Billion’s roadmap, it plans to incorporate more sports betting opportunities in the long term. 

With huge rewards and jackpot prizes up for grabs, Race to a Billion could become the next coin to explode. Furthermore, Race to a Billion promises passive income to $BDJ token holders through its staking mechanism. 

At press time, $BDJ can be staked to generate an annual yield of more than 6,250%. Over 6 million out of the total 2.5 billion token supply is staked on the smart contracts. 40% of the total supply is currently being distributed for the presale. 

For more information, join the Race to a Billion Telegram channel and follow the X page. 

Visit Race to a Billion

9. BlastUp ($BLP) – New L2 Launchpad Offers High Staking Yield and NFT Rewards

BlastUp ($BLP) is the next crypto likely to explode in 2024. This is a layer-two (L2) Ethereum project launchpad, offering $BLP token holders access to early-stage cryptocurrency projects on the Blast ecosystem. 

It is also the first L2 project to reach a TVL of $1 billion in 35 days. Through the BlastUp app, token holders can bridge ETH tokens from Ethereum to Blast. 

This launchpad gives users direct access to new crypto projects and offers exclusive loyalty rewards for their participation. The BlastUp smart contract provides a high staking yield and token bonuses through a staking tier. 

You can also receive a huge portion of project funds by staking the token. BlastUp offers six staking tiers – of which the top three tiers get 80% of all staking pool funds. BlastUp also lets community members earn ‘Booster Points’ – used to access limited-edition NFTs and ETH tokens. 

Due to all these reasons, BlastUp has been soaring on presale. The $BLP token has already raised $5 million and is priced at $0.06 during the ongoing presale round. 200 million tokens are being offered through the presale. 

For more information, join the BlastUp Telegram channel and follow the project on Twitter. 

Visit BlastUp

10. OppaCoin ($OPPA) – Groundbreaking Cryptocurrency Boasting Multiple Potential Upsides

OppaCoin ($OPPA) is causing waves as another potentially explosive investment opportunity in the crypto market.

Combining the allure of the vibrant worlds of K-culture with cutting-edge AI technology, this groundbreaking crypto project stands out, distinguishing itself from others that have stormed the market this year. The core appeal of OppaCoin lies in its AI-driven ecosystem.

According to its whitepaper, OppaCoin’s ecosystem will be powered by the likes of ChatGPT, SORA, MidJourney, and Claude, making it an exclusive platform for AI-generated K-pop music, virtual concerts, interactive tours, and drama productions, amongst others.

From amazing AI K-pop interactions to culinary explorations, OppaCoin is delivering unbeatable experiences.  Meanwhile, at the heart of OppaCoin lies its utility token, $OPPA.

Currently available at a fraction of a cent, thanks to its ongoing presale, $OPPA has emerged as one of the cryptocurrencies with a 100x potential post-launch. As such, its ongoing presale presents the best early-moving opportunity for investors to get in on the ground floor before it experiences a massive surge in price. 

One of the key factors that position OppaCoin for market success is its unique value proposition which unlocks many exclusive benefits. For instance, holders of the token will be able to participate in AI K-star events, access premium content, and also participate in the decisions that could influence the future of the ecosystem. 

Aligning with other top cryptos that have arrived on presale this year, OppaCoin has a staking system to incentivize long-term holding of the coin. At press time, anyone who buys $OPPA will receive 67741% in APY reward.

While this is expected to reduce as more tokens are being staked, OppaCoin’s lucrative staking model remains an exciting opportunity for early movers to compound their gains. 

Visit OppaCoin

11. Uniswap ($UNI) – Governance Token Backing the World’s Largest and Most Liquid Decentralized Exchange 

Uniswap is our top pick from the decentralized finance (DeFi) industry. According to a Grand View Research study, the DeFi market will be worth over $231 billion by 2030. This is a compound annual growth rate (CAGR) of 46% from current valuations. Considering that Uniswap is the largest decentralized exchange (DEX), it’s primed for significant growth. 

Uniswap averages about $1 billion in daily trading right now. It’s a cross-chain DEX supporting multiple networks, including Ethereum, Binance Smart Chain, and Polygon. Trades are conducted via liquidity pools, meaning token swaps don’t require centralized order books. Instead, Uniswap leverages the automated market maker model. 

What’s more, Uniswap also offers decentralized earning tools, such as staking and liquidity farming. This enables investors to earn passive income on their idle tokens. Uniswap’s governance token, $UNI, has a market capitalization of just $4 billion. I’d argue this is a small fraction of its true potential. Plus, $UNI is trading almost 85% below its prior all-time high. 

12. Solana ($SOL) – Huge Growth Potential in the Global Smart Contract Market [55% All-Time High Discount]

Solana is an innovative blockchain network that supports smart contracts and decentralized applications (dApps). In this regard, Solana offers a similar service to Ethereum – which is the largest smart contract platform by market capitalization. However, Solana offers a considerably more efficient service than Ethereum. 

Not only can Solana facilitate thousands of transactions per second but at a tiny fraction of a cent. Solana is also energy-efficient and transaction speeds average milliseconds. The main drawback is that Solana – at least when compared to Ethereum, currently hosts a small number of dApps. 

Therefore, Solana’s true value will be realized once more dApps join its network. In the meantime, you can buy Solana while its market capitalization stands at $50 billion. While this might seem high, consider that Ethereum is valued at over $315 billion. What’s more, $SOL tokens trade at a 55% discount from previous all-time highs. 

13. Jupiter ($JUP) – Decentralized Liquidity Pools With Cross-Chain Functionality Advanced Trading Tools

Jupiter is another decentralized trading platform that makes our list. This is a brand-new project that functions on the Solana network. It provides real-time liquidity for Solana-based coins, alongside cross-chain trading tools. No account or personal information is required; traders simply connect a wallet and choose which tokens to swap.

Unlike other DEXs, Jupiter offers a range of advanced trading features. This includes custom limit orders, allowing investors to enter and exit the market at their preferred price. What’s more, Jupiter also offers dollar-cost averaging (DCA) tools. This means traders can invest in their preferred cryptocurrencies at fixed intervals, such as $50 per week.

 According to CoinMarketCap, Jupiter’s native token, $JUP, was launched at the end of January 2024. It already has a market capitalization of over $272 million, which makes it another likely crypto to explode in the near future. Moreover, $JUP has secured many tier-one exchange listings. This includes Binance, Kraken, Gate.io, and KuCoin. While $JUP is down 68% to date, this is due to free airdropped tokens being sold. 

14. Chainlink ($LINK) – Connecting Blockchains With Real-World Data via Decentralized Oracles 

I believe that Chainlink is also one of the most promising cryptocurrency projects for 2024. Put simply, Chainlink connects blockchain networks to the real world. Its underlying technology – known as ‘Oracles’, collects data from offline sources without compromising on decentralization. It leverages a consensus mechanism to ensure data is valid, accurate, and without agenda. 

This data is then provided to smart contracts. Chainlink is built to serve the entire blockchain industry, meaning it can supply data to Ethereum, Binance Smart Chain, Solana, and more. The use cases are virtually limitless. Be it banking, insurance, supply chain, health care, or gaming, Chainlink is the de-facto bridge between the real and virtual worlds. 

Chainlink’s native token is $LINK. This is a transaction-based token, meaning developers need it to query data. $LINK commands a market capitalization of almost $12 billion. Considering Chainlink dominates its industry, this could be a small fraction of its true potential. Over the prior 12 months, $LINK tokens have increased by nearly 200%.  

15. Arbitrum ($ARB) – In-Demand Layer 2 Solution for Ethereum Projects With Over $173 Billion Worth of Bridged Tokens 

In our view, Arbitrum is the best layer 2 solution for Ethereum projects. While Polygon has a larger market capitalization, Arbitrum has attracted a much larger pool of tokens. This includes large-cap projects like Tether, USD Coin, Chainlink, Dai, Uniswap, and Lido DAO. Collectively, the Arbitrum ecosystem now commands a market capitalization of over $173 billion. 

In contrast, the Polygon ecosystem has just $40 billion. What’s more, Arbitrum can handle more transactions than Polygon. It’s also more cost-effective. Investing in Arbitrum requires $ARB tokens. Those bridging to Arbitrum also need $ARB to settle network fees. This means demand for $ARB will increase organically as more projects bridge. 

$ARB tokens currently command a market capitalization of $2.6 billion. Polygon, on the other hand, is valued at $8 billion. In terms of performance, $ARB is up just 15% from its March 2023 launch price. That said, the tokens are up 16% in the prior week of trading. $ARB is listed on most tier-one exchanges, including Binance, Kraken, KuCoin, Coinbase, and OKX. 

16. BNB ($BNB) – Binance-Backed Token Offering Exposure to the World’s Largest Crypto Ecosystem

BNB is the best way to gain exposure to Binance; the world’s largest crypto ecosystem. Binance offers many products and services that increase demand for BNB. This includes its spot trading exchange, which attracted $18 billion worth of trading volume in the past 24 hours. Binance is also the largest derivatives exchange, with a 24-hour trading volume of $55 billion. 

On both trading platforms, BNB holders get discounts on trading commissions. This is 25% and 10% for spot and futures trading, respectively. Binance also has a native blockchain network – the Binance Smart Chain. This hosts thousands of BEP-20 projects that pay network fees in BNB. It also allows developers to deploy smart contracts and dApps. 

The Binance burning program is also important for investors. It burns large chunks of $BNB tokens every three months. This reduces the overall supply and increases $BNB’s scarcity. While BNB has a market capitalization of almost $49 billion, this is 52% below all-time highs. $BNB tokens are up 8.4% in the prior seven days. 

17. Decentraland ($MANA) – Leading Real Estate Metaverse Project Trading 90% Below All-Time Highs

Decentraland could also be the next best crypto to explode. This is one of the most popular metaverse projects. While Decentraland also supports virtual socialization and gaming, it’s best known for its metaverse real estate investments. In particular, one Decentraland land plot sold for over $2.4 million.

Real estate investments are made with Decentraland’s native token, $MANA. This offers a solid long-term use case. $MANA is also required to purchase in-game assets, such as custom apparel. Interest in Metaverse projects has declined considerably since the 2021 bull market. This has had a major impact on $MANA’s value. 

For instance, $MANA tokens were trading at $0.07 in January 2021. By November 2021, $MANA was priced at $5.90. That’s an increase of over 8,300% in less than 12 months. Today, $MANA is trading at just $0.47. This is a drop of over 90% from 2021’s all-time high. Ultimately, if you believe in the future of metaverses, Decentraland is a bargain right now. If you are interested in other hot gaming projects, be sure to check out our picks for the Best Gaming Cryptos to Buy in 2024!

How We Picked These Cryptocurrencies

This springboard for this article is a simple enough question that, like you, we kept firmly in mind as we did our research: which crypto will explode in 2024? It would be true to say that the process we used to determine the answer was a subjective one. However, we implemented a strict methodology to ensure our chosen coins have the best chance of outperforming the market.   

Below, we explain the research methods deployed when assessing the next big crypto.

Diverse Range of Crypto Coins

First, we ensured that a diverse range of crypto coins were considered. This guarantees that investors enter the market with best practices in mind. For instance, some of the cryptocurrencies selected are brand-new projects. It was also useful for us to to seek out the cheapest cryptocurrency that will explode, and we’ve already given an idea of this in our short reviews further up.

To go back to new projects, Pepe Unchained, Crypto All-Stars, and Base Dawgz, for example, are currently in presale. While these projects carry the most risk, they also offer the biggest upside potential. 

After all, investors can buy these cryptocurrencies at a small market capitalization. We also included established cryptocurrencies with a larger market capitalization. Examples include BNB, Solana, Uniswap, and Chainlink. 

While these projects offer a smaller upside when compared to newer projects, the risks are also lower. Ultimately, this approach allows investors to diversify their holdings and remain risk-averse. By investing in both high-risk presales and more established coins, investors can balance their portfolios and capitalize on both short-term speculative opportunities and long-term stability. This strategy is essential for managing risk effectively.

Substantial Upside Potential

All of the selected cryptocurrencies have the potential to explode. This means outperforming the broader market and producing superior gains to Bitcoin. The upside potential is, however, depending on the market capitalization. 

For example, Smog currently has a market capitalization of just $17 million. Gains of 10x from here would require a valuation of just $170 million. Not only is this achievable but it could be secured within weeks if hype builds around the project. 

The larger-cap projects we’ve selected also have the potential to blow up albeit with a more modest upside. For example, Uniswap is currently valued at $4 billion. I would argue this is still a drop in the ocean. After all,  Uniswap is the largest and most trusted decentralized exchange. 

There are also solid arguments for Chainlink, BNB, and Decentraland based on current valuations. 

Long-Term Use Cases

We also explored the long-term use case when selecting the next best crypto to explode. This ensures organic growth over time, rather than relying on short-term speculation. 

$LINK tokens also have a solid use case. They’re required to query data from offline sources. This enables developers to implement real-world data into decentralized smart contracts. 

Arbitrum has also developed an important use case for its native tokens, $ARB. In a nutshell, Ethereum-based projects can bridge to Abritrum to vastly improve scalability and reduce transaction fees. Any transactions going through Arbitrum require $ARB tokens, which creates consistent demand. Similarly, Solana’s $SOL token powers a highly scalable blockchain, offering low-cost transactions ideal for decentralized apps and NFT platforms, contributing to long-term ecosystem growth.

Yet another platform to watch out for in this sense is Decentraland. Its $MANA token is essential for purchasing virtual land and assets in its metaverse, making it a core currency for building and interacting in the platform’s digital world. As interest in virtual real estate and user-generated content grows, $MANA is likely to see increased demand from individuals and brands entering the metaverse.

Hype and Speculation 

Although we prefer long-term cryptocurrencies with a clear use case, there’s also room for speculative projects. In particular, we’re talking about meme coins. After all, Dogecoin and Shiba Inu both have questionable use cases – but they’re multi-billion dollar projects nonetheless. 

Similarly, Pepe exploded by over 7,000% in 2023. And then there’s Bonk. After hitting all-time highs of $0.00003419 in December 2023, early investors cashed in gains of over 22,000%. These examples show that, while risky, speculative tokens can deliver massive returns. One key to navigating this landscape is to keep an eye on social media trends and community engagement, as these often drive meme coin popularity. New tokens can gain momentum fast, especially with strong influencer backing.

However, it’s crucial to approach these investments with caution, conducting thorough research and only investing what you can afford to lose.

Passive Staking Rewards

Investors should also consider passive income when researching the next cryptocurrency to explode in 2024. After all, the crypto markets are volatile. Staking ensures that passive income is earned even when prices are bullish. We found that new cryptocurrencies typically offer the highest APYs. 

For example, Pepe Unchained is currently offering an APY of 1,200%. Established picks like Solana, BNB, and Arbitrum also support passive rewards. APYs will vary depending on demand, although they’re typically much lower than small-cap projects. Moreover, it’s essential to assess the sustainability of these APYs. Some projects might offer high returns initially, but if liquidity dries up or tokenomics aren’t solid, rewards can diminish quickly. Diversifying staked assets can mitigate such risks.

Key Drivers Behind Cryptocurrency Surges

Various factors can drive these surges, ranging from external influences to internal market dynamics. Understanding these drivers is important for you as investors and enthusiasts looking to make it in the world of digital assets. Below are some of the most influential factors behind cryptocurrency surges.

Growing Adoption and Real-World Use Cases

Increase in crypto adoption is directly proportional to cryptocurrency surge. As more industries and individuals use digital assets for real-world transactions—whether for remittances, decentralized finance (DeFi), or gaming—cryptos gain utility, driving their demand. These use cases solidify a coin’s presence in the market, making it more attractive to investors and users alike.

Market Buzz and Influencer Backing

Hype and media attention are important for cryptocurrency prices. High-profile endorsements from celebrities or social media influencers often generate waves of excitement, attracting new investors who might not have otherwise entered the space. Whether it’s a tweet from a tech billionaire (Elon Musk is a perfect example here) or a viral campaign on platforms like TikTok, the resulting surge in attention can lead to a sharp spike in demand. However, these gains can be temporary if not supported by long-term fundamentals.

In fact, it’s essential to remember that while influencer backing can drive short-term price action, projects that lack solid development teams, clear roadmaps, or real-world utility tend to see their prices fade once the hype dies down. A balanced approach is crucial – look for projects that combine market buzz with strong fundamentals and active communities to identify sustainable opportunities. Keeping an eye on developer activity and partnerships can help you differentiate between hype-driven pumps and long-term winners.

Aside from this, examining the frequency and transparency of project updates can offer valuable insights into the commitment of the development team to long-term success. It can also deliver clarity about the organisation’s ability to deliver on promises.

Supply Dynamics and Economic Structure

Tokenomics—the economic model behind a cryptocurrency— influence the price of crypto. Key factors like the total supply, distribution model, and burn mechanisms can create scarcity, directly impacting value of a cryptocurrency. For instance, tokens with a capped supply are more likely to see value increases over time as demand rises and supply diminishes. Similarly, deflationary mechanisms like token burns, where tokens are permanently removed from circulation, can create a supply crunch, boosting prices. Projects with well-structured tokenomics tend to experience more sustainable growth over the long term.

Global Economic Trends and External Factors

Macroeconomic events, such as inflation, interest rate changes, and global crises, often push investors toward cryptocurrencies. In times of economic instability, digital assets are sometimes viewed as a hedge against traditional financial systems. Cryptocurrencies like Bitcoin, often called “digital gold,” tend to surge in response to concerns over inflation or currency devaluation. Additionally, regulatory developments, geopolitical tensions, and technological advancements in blockchain can significantly impact the broader market, causing certain coins to gain traction.

Furthermore, the increasing institutional adoption of cryptocurrencies, such as companies adding Bitcoin to their balance sheets or integrating blockchain technologies into their operations, can lead to sudden price explosions. Staying informed about large-scale institutional movements and technological upgrades can help investors anticipate which coins are poised for rapid growth.

Large-Scale Investors and Market Movements

Whales—entities or individuals holding substantial amounts of cryptocurrency—can dramatically influence market dynamics. When large-scale investors buy or sell massive amounts of a particular coin, they can cause sharp price movements. Whales often accumulate positions before a coin’s price surge and strategically offload assets during a market rally, leading to volatility. Monitoring whale activity can provide insights into potential price shifts, as their actions often signal major moves in the market.

Comparison of the Next Crypto Coins to Explode

Here is a comparison table detailing the peculiarities of the next crypto coins to explode, based on their transaction speed, market cap, selling points, etc.

How to Find High Potential Crypto Coins

We’ll now explain how you can find the most promising cryptocurrency investments in 2024. 

CoinGecko

CoinGecko should be your first port of call. This is the leading data aggression website for cryptocurrency data, offering insights into things like price, market cap, circulating supply, total supply, tokenomics, smart contract addresses, and more. It offers many different ways to find high-potential coins.

If you’re a short-term trader, check out the ‘Gainers and Losers’ section. This shows you the best-performing cryptocurrencies in the prior 24 hours. You can also change the time frame to 1-hour, seven days, and a month. 

CoinGecko also shows the most recent cryptocurrencies to be added to its platform. This is ideal for finding new cryptocurrencies with the potential to explode. Investors can also check the ‘Trending’ section. You’ll see which cryptocurrencies are getting the most views. One of our favorite features of CoinGecko is that you can also filter coins based on certain sectors like AI projects, DePIN cryptos, Meme Coins, and more.

Click on a project to view more information. This includes pricing data, market capitalization, token holders, and website links. 

Leading Crypto Exchanges

We’d also suggest looking at popular crypto exchanges for useful insights. A good starting point is Binance, the world’s largest exchange for trading volume. Keep an eye on new Binance listings; these cryptocurrencies often go on to explode. 

In addition, Binance offers a launchpad for new crypto projects. Once again, these projects often witness substantial growth, as they’re connected to the Binance exchange. You can also use the same strategy for other leading exchanges, such as KuCoin and OKX. 

Investors can also explore exchanges for recent trends. For instance, most leading exchanges show the best-performing coins over a set period. You might find a cryptocurrency is trending on one exchange, but not others. This could be an early sign that it’s about to boom. It may also indicate an opportunity to get in early before it gains traction across multiple platforms, potentially leading to a significant price surge once it catches the attention of a broader audience. Additionally, looking at upcoming token presales on these exchanges can provide a chance to invest in coins before their official public listing, maximizing potential gains.

I also recommend looking at upcoming token presales on these exchanges. This could provide a chance to invest in coins before their official public listing, maximizing potential gains. Another tip that’s good to take note of is to watch for exchange announcements about airdrops. Keep in mind that monitoring exchange staking features and liquidity pools can offer insights into a token’s potential, as increasing demand in these areas often correlates with price growth.

Crypto Presales

Consider researching crypto presales for the biggest upside potential. You’ll be investing in brand-new projects, so the tokens won’t currently be trading on exchanges. As an early backer, you’ll get the best entry price possible. You can often secure an immediate upside too. 

This is because most crypto presales list their tokens at a higher price. In doing so, they’re able to incentivize early-stage investors. That being said, just remember that you’ll be investing from the ground up. This means there’s no guarantee the project will succeed. 

Considering the increased risks, never invest in just one crypto presale. Instead, allocate small amounts to multiple presale campaigns. Only one needs to blow up to produce significant gains. 

Social Media

Social media is also the go-to place to find the next big cryptocurrencies. 

There are several ways to approach this, including:

• YouTube: Crypto-related videos get millions of weekly views. Just like you, many people are searching for the next cryptocurrency to explode in 2024. You can check out videos from leading crypto analysts to get an idea of which coins have potential. Alternatively, use specific search terms like ‘next 100x crypto’ or ‘trending cryptocurrencies’. 
• Reddit: We’d also suggest Reddit, which has many crypto-related subreddits with huge followings. r/CryptoMoonShots, for example, has more than 1.9 million members. This subreddit focuses on small-cap cryptocurrencies with huge upside potential. After shortlisting potential coins, you can then research them.    
• X: Formally known as Twitter, X is another great way to find high-potential cryptocurrencies. Similar to YouTube, you can search for crypto analysts with huge followings. If they ‘recommend’ a coin to their audience, it could spurn a bull run. You can also search X for relevant hashtag terms.   
• Telegram: Many crypto investors use Telegram for valuable insights. Look for Telegram groups that focus on finding high-growth coins. Stick with groups with a large following; aim for at least 50,000 members. Make sure you stay safe; Telegram is a hotbed for crypto scammers. 

Factors to consider before investing in high potential coins

Before you invest in these coins, you must evaluate certain factors to make a well-informed decision. Look before you leap!! Here are some crucial considerations:

1. Market Volatility
   The cryptocurrency market is known for its extreme price fluctuations, and high-potential coins are no exception. Prices can shift rapidly based on market sentiment, social media buzz, or sudden trends. It’s crucial to prepare for this volatility by having a risk management plan in place, such as only investing what you can afford to lose and considering stop-loss strategies to limit losses.
2. Community and Social Media Influence
   A strong and engaged community can be a significant driver of a coin’s success. Many high-potential coins gain traction through platforms like Twitter, Reddit, and TikTok. However, it’s important to distinguish genuine interest from short-term hype. Social media trends can push prices up or down quickly, so keep an eye on community involvement but avoid being swayed by overly hyped information.
3. Project Team and Roadmap
   Investigating the team behind a project is key to understanding its credibility. Even for coins that gain popularity as memes or jokes, having a transparent and dedicated team can provide stability. Additionally, a well-defined roadmap that outlines the project’s long-term goals and development plans indicates that the coin has the potential for sustained interest beyond just initial hype.
4. Tokenomics and Supply
   The structure of a coin’s supply is critical to its future value. Coins with large or unlimited supplies risk devaluation over time. It’s important to understand how tokens are issued, whether there are mechanisms like token burns to reduce supply, and how these factors might impact the coin’s price in the long run.
5. Liquidity and Exchange Listings
   Adequate liquidity ensures that a coin can be traded easily without significant price slippage. Coins with low liquidity are more prone to extreme volatility, making it harder to buy or sell at your preferred price. Additionally, coins listed on major exchanges are generally safer to invest in, whereas newer coins may only be available on decentralized exchanges (DEXs), which come with higher risks.

Conclusion

In summary, finding the next crypto to blow up is no easy feat. Investors need to do plenty of independent research, considering factors like use cases, market capitalization, and the long-term upside potential. 

Overall, we like the look of Pepe Unchained. This Ethereum-based layer-two meme coin offers high transaction speeds, and offers stellar staking rewards. Currently, Pepe Unchained has raised more than $2.7 million on presale. 

Visit Pepe Unchained

FAQs

What is the next crypto to explode?

The next crypto to explode could be Pepe Unchained. This token offers high staking rewards, reduces gas fees, and is soaring on presale. 

Which crypto can give 1000x in 2024?

You’ll need to invest in a small-cap crypto to generate gains of 1000x. Potential options that could become the next 1000x cryptos include the likes of Pepe Unchained ($PEPU), Memebet Token ($MEMEBET), and Crypto All-Stars ($STARS), which offer a range of utilities and rewards. 

Which cryptocurrencies can reach $1 in 2024?

Decentraland has a great chance of reaching $1 in 2024, considering its 2021 all-time high of $5.90. From current prices, this would command an upside of 112%. However, there are many more projects that could become the next crypto to hit $1. 

Will crypto go back up in the next few months?

The rise in the demand for crypto demonstrates that interest in it continues to grow. Keeping this in mind, together with institutional demand for cryptocurrencies following the introduction of the Bitcoin and Ethereum ETFs, most analysts believe crypto is likely to go back up.

Which crypto has potential to explode?

Cryptos with strong fundamentals, innovative technology, or massive community support often have explosive potential. Some coins to watch include those with unique use cases, partnerships, and active development, such as Ethereum, Solana, and meme coins with viral appeal.

Which crypto will boom?

Pepe Unchained ($PEPU) is poised for growth due to its Layer 2 (L2) technology on Ethereum, which enables faster, cheaper transactions. With double staking rewards and a dedicated community, it capitalizes on the ongoing meme coin craze, making it a strong contender for a boom.

What factors influence the price of a cryptocurrency?

Key factors include market sentiment, technological innovation, supply and demand, adoption rate, regulatory news, and social media trends. Macro events and investor sentiment also play significant roles.

How can I identify the next cryptocurrency to explode?How can I identify the next cryptocurrency to explode?

Look for coins with strong community engagement, solid technology, and innovative use cases. Analyzing partnerships, market trends, and development activity can help spot the next potential breakout.

What are the risks of investing in new cryptocurrencies?

New cryptocurrencies are often volatile and prone to sudden price swings. They may face regulatory challenges, liquidity issues, or even scams. Always do thorough research and invest only what you can afford to lose.

How do meme coins differ from other cryptocurrencies?

Meme coins often rely on hype, virality, and community involvement rather than technological innovation or utility. They tend to be more volatile but can offer high returns due to their speculative nature.

References 

1. Cryptoverse: Bitcoin is back with a bonk (Reuters)
2. Decentralized finance market size & trends (Grand View Research)
3. A plot of digital land was just sold in the metaverse for $2.43 million (Markets Insider)
4. Cryptoverse: Every frog has its day as Pepe pops 7,000% (Reuters)
5. Today’s cryptocurrency prices by market cap (CoinMarketCap)