19 Next Cryptocurrency to Explode in 2024 (2024)

Searching for the next cryptocurrency to explode in 2024? Read on, I’ve pinpointed 19 cryptocurrencies that could produce significant returns this year.

I cover a blend of different projects, including small-caps, crypto presales, established coins, and everything in between.

19 Cryptocurrencies That Could Explode in 2024

In my view, the next cryptocurrency to explode in 2024 could be one of the following 19 projects:

1. PlayDoge ($PLAY) – Best crypto that could explode. Offering high staking rewards, with fast growing presale.
2. WienerAI ($WAI) – Trending new AI-based meme crypto with high staking rewards, raised $5.3M.
3. Sealana ($SEAL) – Hot new Solana meme token with a fixed presale price, raised $4M.
4. Base Dawgz ($DAWGZ)– Base meme coin with share-to-earn rewards, multi-chain launch.
5. Mega Dice Token ($DICE) – Solana token with GameFi perks, airdrops, and high referral rewards.
6. 99Bitcoins ($99BTC)– Learn-to-earn platform with generous staking APY and a token airdrop.
7. Sponge V2 ($SPONGEV2) – Second chance to invest in sponge token, V1 produced 100x gains last year.
8. Dreamcars ($DCARS) – Allows users to own a piece of luxury cars & earn daily rental income.
9. SpacePay ($SPY) – Decentralized protocol offers crypto payment options at retail locations. $180K raised.
10. Fight Night ($FNIO) – Retro boxing P2E game that offers a high APY on staking.
11. BlastUp ($BLP) – New L2 Ethereum cryptocurrency launchpad. Get a high staking yield and new NFTs.
12. OppaCoin ($OPPA) – Latest Crypto Sensation with multiple potential upsides.
13. Uniswap ($UNI) – Governance token backing the world’s largest and most liquid decentralized exchange.
14. Solana ($SOL) – Huge growth potential in the global smart contract market, trading at a 55% discount.
15. Jupiter ($JUP) – Decentralized liquidity pools with cross-chain functionality advanced trading tools.
16. Chainlink ($LINK) – Connecting blockchains with real-world data via decentralized oracles.
17. Arbitrum ($ARB) – Layer 2 solution for Ethereum projects with over $173 billion worth of bridged tokens.
18. BNB ($BNB) – Binance-backed token offering exposure to the world’s largest crypto ecosystem.
19. Decentraland ($MANA) – Leading real estate metaverse project trading 90% below all-time highs.

Analyzing the Next Cryptos to Explode

I’ll now take a much closer look at the 19 next cryptocurrencies to explode. Read on to determine which promising cryptocurrencies could be right for your portfolio.

1. PlayDoge ($PLAY) – Next Big Cryptocurrency to Explode, $3.7M Raised

PlayDoge is being considered as one of the next big cryptocurrencies to explode in 2024. Operating on the BNB Smart Chain blockchain, PlayDoge is a Tamagotchi-inspired project gaining its utility from being a play-to-earn (P2E) game. Players of this 2D 90s-themed realm are able to obtain $PLAY tokens as a result of their care for a virtual pet.

A few months into its presale, the project has raised over $3.7 million by tapping into the Doge meme market. Dogecoin has risen by 15% in the last 30 days, with FLOKI climbing by 50% in the same period. In addition to this, the P2E market has been booming, with data from CoinMarketCap showing that the sector is worth $13 billion.

Overall, 9.4 billion tokens have been minted, and distributed to various aspects of the project. 12% of the token supply is also being allocated through staking rewards. Currently, tokens can be staked on the ETH chain to generate an APY of up to 290%.

Should the project continue to grow at this current rate and cultivate a strong band of adopters, it will likely blossom in the coming months. Follow its X (Twitter) and Telegram channel to learn more.

Key Takeaways

• P2E platform offers in-game rewards to top performers
• Get up to 290% staking APY through the staking mechanism
• $3.7 million raised within a few weeks of the presale launch

Visit PlayDoge

2. WienerAI ($WAI) – Trending New AI-Based Meme Crypto With High Staking Rewards

WienerAI ($WAI) is an upcoming crypto that could explode next. This is because it uses a unique combination of a dog-themed meme coin and advanced artificial intelligence (AI).

It aims to build an “upgradeable cybernetic canine AI.” This could make it useful for many more things than the typical meme coin. The project also aims to keep improving its AI, which can add more utility in the future.

The platform raised over $5.3 million in a few months of launch, showing huge investor support and confidence.

Buyers still have a chance to buy $WAI at a presale rate of $0.000717.

The platform offers high staking rewards to early investors. The current staking APY stands at over 207%. However, this number will fall as more people enter the staking pool.

A promising staking model often promotes long-term holding and helps prevent the common ‘pump-and-dump’ scenario after listing.

WienerAI has a total supply cap of 69 billion tokens. Early buyers can buy 30% of this supply at a discounted price during the ongoing presale phase.

You can follow WienerAI on X (Twitter) and enter its Telegram group to get the latest platform updates.

Key Takeaways

• High staking rewards for early buyers.
• Raised over $5.3M in the first few months of presale.
• Leverages AI to offer high utility.

Visit WienerAI Token Presale

3. Sealana ($SEAL) – Hot New Solana Meme Token With a Fixed Presale Price

Sealana ($SEAL) is an upcoming meme crypto that could explode next. It blends the fun of meme coins with American pop culture’s nostalgia. The meme token has a unique story about a cartoon seal that’s based on a popular character from the TV show South Park. This adds humor and makes it easier for people to connect with, which is often missing in many meme tokens.

The platform offers a unique presale model that uses a ‘Send to Wallet’ method. In this model, you can send SOL right to a specific wallet, which makes it easier for beginners to invest. You could also use the buying widget on its presale site to buy $SEAL using a Solana wallet. Presale buyers can get 6,900 $SEAL for just 1 SOL.

It’s worth noting that many meme tokens on Solana like Dogwifhat have been quite resilient even when the market fell. This stability is quite appealing to investors when the market is volatile.

Sealana’s marketing plan makes it even more appealing by having lively and engaging social media that matches the meme coin’s fun and silly style. The team behind Sealana plans to make it more visible and build a strong community around the coin, which is really important for a meme token to succeed in the long run.

You can enter Sealana’s Telegram group and follow its X (formerly Twitter) handle to keep up with the latest updates.

Key Takeaways

• An engaging storyline that’s relatable
• There will be a fixed price throughout the presale
• Could perform well amid expectations of a meme coin rally.

Visit Sealana

4. Base Dawgz ($DAWGZ) – Base Meme Coin with Share-to-earn and Multi-Chain Compatibility

Base Dawgz is a new meme coin being developed on Base, with compatibility for all major blockchains including Ethereum, Solana, Binance Smart Chain, and Avalanche. It has the potential to be one of the biggest meme coins of the year, and has already been called the next 100x meme coin on Base by crypto analyst Jacob Bury.

Base Dawgz is unique in that it’s launching on multiple blockchains all at the same time. Throughout the $DAWGZ presale, traders can buy tokens on Base and 4 other networks, then claim on their chosen network. This lends itself to a massive launch, since trading around $DAWGZ will take place simultaneously around the cryptoverse.

The project is building hype and attracting token holders with an innovative share-to-earn rewards program, which gives presale investors a chance to grab extra $DAWGZ tokens ahead of the launch. To qualify, all investors have to do is connect their X account to the Base Dawgz presale and then share content from the Base Dawgz X account. Earned $DAWGZ can be redeemed at the end of the presale.

The Base Dawgz presale is off to an incredible start, raising more than $1 million in only a few weeks. The next price increase is just a few days away, so don’t miss this chance to lock in the best price for $DAWGZ.

Key Takeaways

• Multi-chain meme coin launching on Base, Ethereum, Solana, Avalanche, and Binance Smart Chain
• Presale raised $1M+ in first few weeks
• Share-to-earn rewards incentivize community to build hype around $DAWGZ presale

Visit Base Dawgz

5. Mega Dice Token ($DICE) – Solana Token With GameFi Perks, Airdrops, and High Referral Rewards

Mega Dice Token ($DICE) is another high-potential crypto that could explode next. It combines two exciting trends: Solana coins and GameFi.

The casino has its own native token called $DICE that gives players extra benefits like cashback, free tokens from airdrops, and unique rewards from NFTs.

Mega Dice is already a popular and successful crypto casino. It has over 50,000 players with nearly $50M bets every month.

The $DICE presale allows early buyers to grab these tokens for just $0.075 each at the time of writing. With over $1.3M raised in just a few weeks, the platform aims to recreate what other successful casino tokens like Rollbit and TG.Casino have achieved.

Playing at Mega Dice can give you daily rewards based on the casino’s performance. There’s also a huge airdrop program that gives you more rewards based on your betting volume.

The casino will give away $2.25M in tokens through airdrops over three seasons. Players can earn up to $750K in each of these seasons. Moreover, the $DICE presale also offers purchase bonuses and a 10% referral commission.

Investors can follow Mega Dice on X (formerly Twitter) and join its Telegram group to get the latest updates on token listing.

Key Takeaways:

• High passive rewards for early buyers
• Popular casino with 50,000 users
• Offers high referral commission and bonus

Visit Mega Dice Token Presale

6. 99Bitcoins ($99BTC) – Learn-to-Earn Crypto Platform Offers High Staking APY and a Token Airdrop

99Bitcoins is a popular crypto educational platform with over 2 million users for its crypto courses. With Bitcoin trading at all-time highs and the Bitcoin halving event likely to push the bull run full steam ahead, the $99BTC token has a huge potential to explode this year.

The main idea behind the token is to reward users who are using the 99Bitcoins platform to learn about crypto. This will be done via gamified learning mechanics as well as quizzes. With crypto going mainstream, the demand for such courses will probably explode.

Early supporters of the 99Bitcoins platform get to enjoy a generous staking APY of over 800% during the early stages of the token presale, as well as the chance to earn a portion of the $99,999 worth of $99BTC token airdrop to 99 lucky users who complete simple steps like following 99Bitcoins on X and joining the 99Bitcoins Telegram channel.

Key Takeaways

• 99Bitcoins pioneers learn-to-earn mechanics to reward users who are learning about crypto
• Generous staking APY for those who stake early during the 99Bitcoins Token presale
• $99,999 worth of $99BTC tokens will be airdropped to 99 lucky winners

Visit 99Bitcoins

7. Sponge V2 ($SPONGEV2) – Second Chance to Invest in Sponge Token, V1 Produced 100x Gains Last Year

Sponge V2 is another meme coin that could explode during the next crypto bull run. That said, this is the second version of Sponge, which did 100x last year. This was achieved when the crypto markets were stagnant. In contrast, 2024 is expected to be a huge year for crypto, so Sponge V2 could generate even bigger returns.

Here’s why; Sponge V2 is run by the same team as Sponge V1. It offers a bridge-to-earn investment process, meaning Sponge V1 can be converted to V2. Put otherwise, Sponge V2 is bringing over more than 13,000 token holders. Not to mention thousands of new investors who have purchased Sponge V2 on the presale website.

Sponge V2 will also reignite relationships with popular crypto exchanges. After all, Sponge V1 secured over 10 exchange listings. I also like that Sponge has over 32,000 X followers, not to mention more than 10,000 Telegram members. You can invest in Sponge V2 with ETH or USDT. After the presale, Sponge V2 will begin trading on exchanges.

Key Takeaways

• The second version of Sponge V1 – which did 100x gains last year
• Over 13,000 V1 token holders are being migrated to V2
• New investors can buy V2 tokens before they list on exchanges

Visit Sponge V2

8. Dreamcars ($DCARS) – Allows Users to Own a Piece of Luxury Cars & Earn Daily Rental Income

Dreamcars is next on our list of cryptos that could explode soon. It leverages blockchain to allow people to own a fraction of luxury cars. The platform’s native $DCARS token is at the heart of the platform – allowing you to trade small parts of fancy cars while earning money daily when the cars are rented out.

It lets you buy small pieces of expensive cars like Porsche, Lamborghini, Ferrari, Rolls Royce, and Bentley. It’s worth noting that you can start with as low as $10.

Early buyers can get the $DCARS token for just $0.0105 at the time of writing. However, this price will increase to $0.03 during the exchange listing.

Owning a part of these luxury cars allows you to earn regular passive rental income. So, instead of losing value over time – you can start earning regular passive income.

You can own the piece of the car via an NFT. These NFTs are backed by real cars and recorded on the blockchain to ensure high transparency.

Dreamcars aims to unite people who love cars and gives them special rewards and benefits through its Members Club. This includes earning more money by holding your NFTs, getting discounts on renting cars, and more.

You can follow Dreamcars’ X handle and enter its Telegram group for the latest updates.

Key Takeaways

• Own luxury car shares for as little as $10.
• Earn daily rental income from your car shares.
• Trade car NFTs on the Dreamcars marketplace.

Visit Dreamcars

9. 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 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.

Key Takeaways

• Decentralized protocol that facilitates crypto transactions at retail locations.
• $SPY token offers voting rights and access to webinars.
• SpacePay has raised over $180K within a few days of the presale launch.

Visit SpacePay

10. Fight Night ($FNIO) – Retro Boxing P2E Game That Offers a High APY on Staking

Fight Night ($FNIO) is another crypto that could explode next in the meme coin space. It has a unique backstory inspired by famous boxers Mike Tyson and Muhammad Ali.

The platform offers a highly rewarding Web 3 game– where you play as Tyson, who gets hit by lightning and meets Ali. Ali gives Tyson magic gloves to fight against the bad guy, Jake Paul.

You can earn $FNIO tokens as you play the game and use these tokens to get big rewards and exclusive benefits in the game or trade them for other cryptos.

You can now buy $FNIO tokens at a low price of $0.00091 during the presale using ETH, USDT, or a card. This price will increase in the next presale round and during exchange listings.

You can earn an APY of over 10,000% if you stake your tokens during the presale. Fight Night is also making a webtoon series on Webtoons.com and boxing-themed casino games. You can get NFTs and $FNIO tokens as prizes.

You’re also helping charities like Binance Charity, Save the Children, and UNICEF when you support the Fight Night presale. Buyers can enter Fight Night’s Telegram channel and follow its X handle to keep up with the latest progress.

Key Takeaways

• Fight Night offers a unique P2E boxing game and webtoon inspired by legendary boxers.
• $FNIO presale offers low entry price of $0.00091 and high APY staking.
• Fight Night supports charities like Binance Charity and UNICEF.

Visit Fight Night

11. 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 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.

Key Takeaways:

• BlastUp is a L2 Ethereum Launchpad offering access to new cryptos.
• The $BLP token offers staking yield and loyalty bonuses.
• Get NFTs and ETH tokens with ‘Booster Points.’

Visit BlastUp

12. 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.

Key Takeaways:

• OppaCoin merges the allure of the K-culture with AI to enhance its market credibility.
• OppaCoin’s native token, $OPPA is available for a fraction of a dollar, thanks to its online presale event.
• Early movers can compound their gains by staking $OPPA.

Visit OppaCoin

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

Uniswap is my 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.

Key Takeaways

• Invest in the high-growth DeFi marketplace
• The largest DEX by trading volume and liquidity
• $UNI tokens trade almost 85% below prior all-time highs

14. 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.

Key Takeaways

• One of the best-performing smart contract ecosystems
• Considerably more efficient, scalable, and cost-effective than Ethereum
• $SOL tokens currently trade at a 55% discount from previous all-time highs

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

Juniper is another decentralized trading platform that makes my 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. 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.

Key Takeaways

• A new decentralized trading platform built on the Solana network
• Offers real-time liquidity, dollar-cost averaging tools, and custom limit orders
• Is already listed on Binance, Kraken, KuCoin, and other tier-one exchanges

16. 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%.

Key Takeaways

• Connects the real and blockchain worlds with Oracles
• Provides real-time data to smart contracts without compromising on decentralization
• Buy $LINK tokens today at a 60% discount from previous highs

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

In my 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.

Key Takeaways

• Connects the real and blockchain worlds with Oracles
• Provides real-time data to smart contracts without compromising on decentralization
• Buy $LINK tokens today at a 60% discount from previous highs

18. 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.

Key Takeaways

• Offers exposure to the world’s largest crypto ecosystem
• Huge quantities of $BNB tokens are burned every quarter
• Those investing today will secure a 52% discount from all-time highs

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

Decentraland could also be the next best cryptocurrency 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.

Key Takeaways

• The most popular metaverse project in the crypto space
• Its metaverse land plots attracted significant investment during the prior bull market
• $MANA tokens trade at a bargain – over 90% below all-time highs

How We Picked These Cryptocurrencies

Selecting the next cryptocurrency to explode in 2024 was a subjective process. However, I implemented a strict methodology to ensure my chosen coins have the best chance of outperforming the market.

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

Diverse Range of Crypto Coins

First, I ensured that a diverse range of crypto coins were considered. This ensures that investors enter the market with best practices in mind. For instance, some of the cryptocurrencies selected are brand-new projects.

PlayDoge, WienerAI, and Sealana, 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. I 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 Smog, the risks are also lower. Ultimately, this approach allows investors to diversify their holdings and remain risk-averse.

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, I mentioned that Smog currently has a market capitalization of just $23 million. Gains of 10x from here would require a valuation of just $230 million. Not only is this achievable but it could be secured within weeks. This is because Smog is creating significant hype.

Similarly, Bitcoin Minetrix is a presale project that’s still raising funds. So far, it’s raised more than $10.7 million. After the presale, it will be listed on exchanges. The upside could be substantial, considering the use cases and the small market capitalization.

The larger-cap projects I 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

I 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.

• For example, Bitcoin Minetrix allows users to mine Bitcoin without owning hardware.
• Users can remotely mine Bitcoin by staking its native tokens, $BTCMTX.
• This means people are incentivized to buy $BTCMTX, as they can convert staking credits for Bitcoin mining rewards.

Similarly, $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.

Hype and Speculation

Although I prefer long-term cryptocurrencies with a clear use case, there’s also room for speculative projects. In particular, I’m 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%. This is why I’ve selected Smog as the most likely next crypto to explode.

Smog is a Solana-based meme coin with a tiny valuation of just $23 million. It is already generating hype and FOMO in the crypto space. The project has a huge marketing budget and a growing social media presence. These are the core characteristics of any successful meme coin.

In addition, I’ve also selected Sponge V2. This meme coin is the continuation of Sponge V1. According to CoinMarketCap data, Sponge V1 produced 100x gains last year. Sponge V1 is being discontinued for V2. This means more than 13,000 V1 holders will need to exchange their tokens for V2. It also means Sponge V2 will retain its huge social following.

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. I found that new cryptocurrencies typically offer the highest APYs.

For example, Smog is currently offering APYs of 42%. Bitcoin Minetrix investors are getting 63%. Sponge V2 offers the highest staking rewards at 197%. 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.

How to Find High-Potential Crypto Coins

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

CoinMarketCap

CoinMarketCap should be your first port of call. This is the leading data aggression website for cryptocurrency data. 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.

CoinMarketCap 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.

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

Leading Crypto Exchanges

I’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.

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: I’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.

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 PlayDoge. This is a brand-new play-to-earn (P2E) game offering players exciting rewards for playing and staking the token. It has raised over $3.7 million so far in its presale.

Visit PlayDoge

FAQs

What is the next crypto to explode?

The next crypto to explode could be PlayDoge. This token is currently at the presale stage, and once all tokens have been sold, they will be locked until they are available on leading exchanges.

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 PlayDoge ($PLAY), WienerAI ($WAI), and Sealana ($SEAL) 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%.

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)