12 Next Crypto to Explode in 2024 – Next Big Crypto Projects

With Bitcoin hitting a record high of $99,834 after the U.S. election, it’s no surprise people are searching for the next crypto to explode. There are lots of coins that are ready to follow Bitcoin’s lead.

Our crypto experts at ReadWrite have come up with a list of the 12 cryptocurrencies you need to keep an eye on in 2024, from innovative meme coins like Wall Street Pepe to projects that are pushing for wider crypto adoption, such as SpacePay.

  • Hold $WEPE to get access to Wall Street Pepe's exclusive trading insights and signals
  • Become a trading alpha and join the Wepe Army
  • Earn even more by submitting your best trades and staking $WEPE
Project Launched
November 2024
Meta
Meme
Purchase Methods
  • BNB
    BNB
  • Debit
    Debit
  • ETH
    ETH
  • USDT
    USDT
  • +1 more
  • Stake all the top meme coins on one platform
  • Earn staking APY of over 5,000% for staking $STARS
  • $STARS holders get 3x the rewards
Project Launched
August 2024
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • BNB
    BNB
  • Debit
    Debit
  • +1 more
  • Enjoy super low transaction fees in the Best Wallet ecosystem by holding $BEST
  • Best Wallet users get early access (and the lowest price point) to the Best Wallet Token presale
  • Have a say in the Best Wallet roadmap by voting on Governance proposals
Project Launched
November 2024
Purchase Methods
  • BNB
    BNB
  • Debit
    Debit
  • ETH
    ETH
  • USDT
    USDT
  • +1 more
  • Cat themed meme coin here to dethrone the top dogs
  • Stake $SLAP tokens to earn high rewards
  • Fair launch straight to DEX meaning everyone has access
Project Launched
November 2024
Meta
Meme
Purchase Methods
  • USDT
    USDT
  • Debit
    Debit
  • ETH
    ETH
  • Innovative Vote-to-Earn protocol where users can vote on the projects direction and earn $FLOCK
  • Decentralized meme coin puts power back in the hands of the community
  • Earn a huge ROI by staking $FLOCK tokens
Project Launched
September 2024
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • BNB
    BNB
  • Debit
    Debit
  • +1 more
  • Pepe Unchained - the first meme crypto project running on its own Layer 2 blockchain
  • Viral presale has raised $11 million with staking rewards currently at 175% APY for early investors
  • $PEPU's Layer 2 blockchain means reduced operational costs, faster speeds, and lower fees
Project Launched
June 2024
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • Debit
    Debit
  • BNB
    BNB
  • +1 more
  • Hot Meme Coin Project With Play to Earn Utility and Staking
  • Price has Pumped 10x in Last Month, Rumored to be Listing on Binance
  • Over 12k Holders and Growing
Project Launched
December 2023
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • Debit
    Debit
  • First decentralized meme coin index with community governance
  • Invest in four different meme coin baskets depending on your risk tolerance
  • Meme coin with serious staking rewards and yield farming options
Project Launched
December 2024
Meta
Meme
Purchase Methods
  • ETH
    ETH
  • BNB
    BNB
  • Debit
    Debit
  • USDT
    USDT
  • +1 more
  • Collect POKE characters in this Pokemon-style game
  • Tap-2-Earn mechanics let you play and earn $POKE
  • Integrated with Telegram for easy access
Project Launched
November 2024
Purchase Methods
  • USDT
    USDT
  • TON
    TON
  • Layer-2 Solution for Dogecoin blockchain with huge staking rewards
  • Bridge instantly from Ethereum to Dogecoin with cheap transaction fees
  • Meme coin bringing DeFi to the Dogecoin universe
Project Launched
November 2024
Meta
Meme
Purchase Methods
  • ETH
    ETH
  • Tether
    Tether
  • BNB
    BNB
  • Debit
    Debit
  • +1 more
  • Invest in luxury rental cars from prestigious brands like Lamborghini, Ferrari, and Mercedes-Benz
  • Earn monthly rental income in USDT, paid on the first of every month
  • Dreamcars is the first Web3 platform where you can buy, sell, and trade shares in supercars starting at just $10
Project Launched
May 2024
Purchase Methods
  • ETH
    ETH
  • BNB
    BNB
  • World's first crypto payment protocol that integrates efficiently with card machines, making crypto payments widely accessible.
  • Through a user-friendly payment APK, SpacePay lets customers buy with crypto while allowing merchants to receive funds in their local fiat.
  • SpacePay's native governance token, SPY, gives holders access to airdrops, exclusive features, as well as voting rights and quarterly connect webinars.
Project Launched
May 2024
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • AVAX
    AVAX
  • BASE
    BASE
  • BNB
    BNB
  • Debit
    Debit
  • USDC
    USDC
  • Matic
    Matic
  • +5 more
  • State-of-the-art crypto project allowing users to predict F1 racing outcomes to earn rewards.
  • Early presale investors can stake-to-earn tokens with dynamic rewards currently over 6,800% p/a.
  • 40% of total supply (2.5Bn) is allocated to the presale, with over $140k raised already.
Project Launched
June 2024
Purchase Methods
  • BNB
    BNB
  • Debit
    Debit
  • ETH
    ETH
  • USDT
    USDT
  • +1 more
  • Stake $LHUNT and earn a portion of every LuckHunter casino transaction from the Co-Owner Pool
  • Enjoy reduced fees on transactions, withdrawals, and in-game purchases on the LuckHunter Casino
  • Holders can get early access to new games, exclusive features, and premium events
Project Launched
September 2024
Meta
Gambling
Purchase Methods
  • ETH
    ETH
  • Tether
    Tether
  • BNB
    BNB
  • Matic
    Matic
  • Debit
    Debit
  • +2 more

Next Crypto to Explode in 2024 – Our Top 12 Recommendations

Next Crypto to Explode Why These Coins Price Growth to Date
Wall Street Pepe ($WEPE) Best meme coin offering trading insights, staking, and trading rewards
Crypto All-Stars ($STARS) Next big crypto that allows staking your favorite meme coins in the MemeVault 18.72%
Best Wallet Token ($BEST) Next big wallet token with multi-chain support, reduced fees, and staking rewards 1.33%
Catslap ($SLAP) Community-driven meme coin expected to explode after launching with $1M market cap 2,283.05%
Flockerz ($FLOCK) Popular crypto set to explode, offering Vote-to-Earn high rewards 12.27%
Pepe Unchained ($PEPU) Layer 2 crypto most likely to explode with fast transactions, low fees and high volume capacity 61.88%
Sponge V2 ($SPONGEV2) The next iteration of Sponge V1 with Stake-to-Bridge mechanism 65.93%
SpacePay ($SPY) London-based cryptocurrency NFC solution that aims to help crypto gain wider adoption 54.77%
Dogesquared ($DOGE2) A new Layer-2 meme coin and scaling solution for Dogecoin 4.49%
Dreamcars ($DCARS) Revolutionary crypto platform for fractional luxury car ownership
Race to a Billion ($RACE) Next big crypto that allows users to place predictions on virtual races for token rewards 8.21%
LuckHunter ($LHUNT) Mixed-reality casino with metaverse gaming experience and virtual table ownership 12%

Detailed Analysis of the Next Big Crypto Coins

To find cryptocurrencies that are most likely to go big in 2024, the crypto experts at ReadWrite took into consideration the following factors:

  • Entry price
  • Market sentiment and trends
  • Social media coverage
  • Crypto project fundamentals
  • Past cryptocurrencies’ performance

Let’s take a more detailed look at the cryptocurrencies that could easily be the next to blow up.

1. Wall Street Pepe ($WEPE) – Hilarious Meme Coin Provides Trading Strategies and Huge Staking Rewards

What makes Wall Street Pepe a strong candidate for the next crypto to explode?
  • Wall Street Pepe has set aside 38% of its token supply for the marketing budget – concentrating on viral marketing strategies that can expand its global appeal.
  • By offering regular passive income via the staking mechanism, Wall Street Pepe will reward long-term investors.
  • Wall Street Pepe is already off to a flying start through its presale – raising $640K in no time. 

Wall Street Pepe logoWe have picked Wall Street Pepe ($WEPE) as the crypto token with the highest potential to explode in 2024. Apart from being a Pepe-themed meme coin that boasts virality potential – Wall Street Pepe also offers real utility to token holders. 

With $WEPE, investors can access regular trading insights and signals on the best meme coins. Therefore, you have the chance to earn rewards by holding the token and also acquire potentially profitable strategies.

Network Ethereum
Price Growth to Date
Total Supply 200 billion
Current Price $0.000202

Wall Street Pepe also has huge growth potential due to its successful presale launch. Within a few days, Wall Street Pepe has raised over $640K, showing no signs of slowing down. There is also an advantage for long-term players, who can stake $WEPE and earn an annual yield of up to 840%. 

From a 200 billion token supply – $WEPE will be allocated across different avenues such as presale, staking rewards, trading rewards, exchange liquidity, and marketing initiatives. All these features can help Wall Street Pepe to explode in the coming years. 

Learn more about this project by going through our how to buy Wall Street Pepe Guide and reading the whitepaper

2. Crypto All-Stars ($STARS) – Next Big Crypto That Allows Staking Your Favorite Meme Coins in the MemeVault

What makes Crypto All-Stars a strong candidate for the next crypto to explode?
  • $STARS has already seen a 18.72% increase since its presale launch, with more growth expected once the MemeVault is live
  • It’s a unique staking ecosystem that allows meme coin holders from different blockchains to stake their tokens in one place
  • Investors can earn up to 3x more returns by holding $STARS tokens

crypto all-stars next crypto to explode

Crypto All-Stars ($STARS) is another crypto project that could explode in 2024. This project aims to bring all meme coin traders and investors into one place and stake their coins in the “MemeVault” to earn $STARS tokens.

To earn more rewards, investors can hold $STARS tokens, which can give up to 3x the returns.

Network Ethereum
Price Growth to Date 18.72%
Total Supply 42 million
Current Price $0.0016384

Investors can buy $STARS during the presale, which has already raised over $6.8 million and seen a 18.72% price increase since launch. With the upcoming release of MemeVault, expect those numbers to go up even more.

Make sure to follow Crypto All-Stars on X and join their Telegram channel to get the latest updates.

3. Best Wallet Token ($BEST) – Next Big Wallet Token With Multi-Chain Support, Reduced Fees, and Staking Rewards

What makes Best Wallet Token a strong candidate for the next crypto to explode?
  • Holding $BEST unlocks perks like reduced transaction fees, early access to new presales, and high staking rewards within the Best Wallet ecosystem
  • $BEST token holders will have the power to vote on important decisions
  • Best Wallet provides a secure, multi-chain, non-custodial experience for crypto enthusiasts

best wallet next crypto to explode

The Best Wallet Token ($BEST) is the next big token launch that is set to transform the way you engage with your crypto wallets. Exclusively available through the Best Wallet app, this presale offers the community early access to purchase $BEST tokens at a discounted rate.

Network Ethereum
Price Growth to Date 1.33%
Total Supply 10 billion
Current Price $0.02285

Holding $BEST tokens unlocks exclusive benefits. These include reduced transaction fees across the Best Wallet ecosystem, early access to new presales, and high staking rewards. $BEST also offers governance rights and allows holders to vote on key decisions.

The $BEST token presale has already attracted huge interest as investors recognize the value of a wallet token that offers true utility within a secure, multi-chain, non-custodial wallet. The platform uses Fireblocks’ MPC-CMP wallet technology to provide a safe and revolutionary experience.

Follow Best Wallet on X and join their Telegram channel for the latest news.

4. Catslap ($SLAP) – Community-Driven Meme Coin Expected to Explode After $1M Market Cap Launch

What makes Catslap a strong candidate for the next crypto to explode?
  • Catslap had a straight-to-DEX fair launch where it released with a $1 million market cap
  • The Catslap token grew by over 2,000% from its listing price
  • It has a strong community-engaging meme game and virality

CatSlap-Logo

Catslap ($SLAP) has quickly emerged as the biggest cat-themed meme coin. It offers early investors massive returns due to its strong fair launch performance and engaging global community game.

Unlike other meme coins, $SLAP’s addictive game is simple and straightforward. It tracks players’ and countries’ slaps, creating a fun and competitive environment.

Network Ethereum
Price Growth to Date 2,283.05%
Total Supply 9 billion
Current Price $0.002633

The ERC-20 meme coin also offers significant APY rewards for early supporters, with the current crypto staking rate at 40% APY. It aims to grow as successfully as other popular cat tokens like $MOG, $MEW, and $POPCAT and eyes a listing on top centralized exchanges like Binance.

Catslap’s affiliation with Best Wallet, the next-gen growing crypto wallet, makes it a trusted new token project. Interested users can purchase $SLAP with ETH, USDT, or a credit card.

5. Flockerz ($FLOCK) – Popular Crypto Set to Explode, Offering Vote-To-Earn High Rewards

What makes Flockerz a strong candidate for the next crypto to explode?
  • $FLOCK holders get to vote on key project decisions
  • The presale has raised over $3.7 million, with the project seeing a solid 12.27% price growth since its launch
  • Flockerz offers an incredible staking APY of 618%

flockerz next crypto to explode

Flockerz ($FLOCK) has the potential to be one of the next big crypto coins, thanks to its community-driven model. $FLOCK holders can participate in important project decisions, from token burns to new features and development.

Plus, with its fully decentralized structure and an impressive staking APY of 642%, Flockerz stands out as one of the top meme coins to buy.

Network Ethereum
Price Growth to Date 12.27%
Total Supply 12 billion
Current Price $0.0060772

The presale has so far raised over $3.7 million and the project has seen a price growth of 12.27% since its release.

Investors can buy $FLOCK by using ETH, BNB, USDT, or a card. Follow Flockerz’ X account and join their Telegram channel to get the latest project updates.

6. Pepe Unchained ($PEPU) – Layer 2 Crypto Most Likely to Explode With Fast Transactions, Low Fees and High Volume Capacity

What makes Pepe Unchained a strong candidate for the next crypto to explode?
  • The combination of meme culture and layer 2 technology has captured a lot of attention
  • Strong backing from a dedicated community
  • Has already seen a 61.88% increase in value since its presale launch

pepe unchained next crypto to explode

Pepe Unchained ($PEPU) tops our list as the next crypto to explode. It is an innovative project that aims to leverage layer-two (L2) blockchain to offer staking rewards as high as 60%, reduced gas fees, and fast transaction speeds.

Since its recent presale launch, $PEPU has raised over $55 million, quickly gaining popularity by combining the appeal of the Pepe meme with the benefits of L2 technology, making it one of the top altcoins to buy today.

Network Ethereum L2
Price Growth to Date 61.88%
Total Supply 8 billion
Current Price $0.01295

Pepe Unchained is currently in its presale phase, which is about to end in 14 days. With $PEPE being listed on Coinbase, YouTubers such as Crypto ZEUS and Jacob Crypto Bury believe that Pepe Unchained could be next in line.

Follow Pepe Unchained on X and Telegram to stay updated. We also recommend reading the project’s whitepaper to learn more.

7. Sponge V2 ($SPONGEV2) – The Next Iteration of Sponge V1 with Stake-to-Bridge Mechanism

What makes Sponge V2 a strong candidate for the next crypto to explode?
  • Sponge V2 is launching a Play-to-Earn (P2E) racing game where players can earn $SPONGEV2 while racing
  • With a 65.93% price increase, Sponge V2 is already picking up momentum

sponge v2 next crypto to explode

Sponge V2 ($SPONGEV2) is a unique meme coin that follows in the footsteps of its predecessor, Sponge V1 ($SPONGE). Thematically drawing from SpongeBob SquarePants, the old token quickly achieved a $100 million market cap.

Now, Sponge V2 looks to bring the old Sponge community back with its Stake-to-Bridge feature, which allows for a hassle-free transition from V1 Sponge to V2. Right now, investors can buy $SPONGEV2 for $0.000017 per token.

Network Polygon
Price Growth to Date 65.93%
Total Supply 150 billion
Current Price $0.000017

Transferring Sponge V1 tokens to the latest V2 iteration is irreversible, but investors get up to 19% staking APY for the procedure. Plus, Sponge V2 is rolling out a P2E racing game, where players can earn $SPONGE while having fun. This mix of crypto rewards and P2E is attracting a lot of attention, which is why we believe it could be the next crypto to explode.

Read Sponge V2’s whitepaper if you want to learn more and don’t forget to follow the team on X and Telegram.

8. SpacePay ($SPY) – London-Based Cryptocurrency NFC Solution That Aims to Help Crypto Gain Wider Adoption

What makes SpacePay a strong candidate for the next crypto to explode?
  • Will allow crypto payments at retail locations
  • $SPY has already seen a 54.77% price increase
  • Will be compatible with over 325 crypto wallets

spacepay next crypto to explode

Another coin with strong potential for significant gains in the near future is SpacePay ($SPY). It’s 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. It’ll be compatible with over 325 crypto wallets, and will allow millions of customers to conduct transactions with cryptocurrencies.

Network Ethereum
Price Growth to Date 54.77%
Total Supply 34 billion
Current Price $0.002275

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 and provide them with voting rights and access to webinars with the management team.

This coin is already off to a strong start in its presale campaign, and if it gets listed on Binance, it could see significant growth. Owing to its multiple use cases, it has the potential to explode in 2024.

Learn more by reading the SpacePay whitepaper and joining the Telegram channel.

9. Dogesquared ($DOGE2) – A New Layer-Two Meme Coin That Provides Scaling Solution for Dogecoin

What makes Dogesquared a strong candidate for the next crypto to explode?
  • Dogesquared is transforming Dogecoin ($DOGE) by making transactions faster, cheaper, and more efficient
  • Token holders can earn up to 4,747% in annual staking rewards

dogesquared next crypto to explode

Dogesquared ($DOGE2) is a cutting-edge layer-two solution designed to make Dogecoin faster, cheaper, and more efficient. By leveraging the Ethereum network, Dogesquared brings low-cost and high-speed transactions to Dogecoin.

In time, it will transition to its own Layer-2 on Dogecoin, maximizing its efficiency and scalability for a broader range of applications, from DeFi to gaming and decentralized applications (DApps).

Network Ethereum
Price Growth to Date 4.49%
Total Supply 5 billion
Current Price $0.0083591

Currently, investors can buy $DOGE2 tokens in a presale priced at $0.0083591 per token, with half of the total 5 billion tokens allocated for distribution. Token holders can stake $DOGE2, earning an annual yield of up to 4,747%.

Dogesquared’s buyback and burn mechanism also adds long-term value for token holders. With high staking rewards and an efficient network structure, Dogesquared is shaping up to provide Dogecoin holders with both accessibility and high-value functionality in the crypto ecosystem.

To learn more, read the Dogesquared whitepaper and join the Telegram channel.

10. Dreamcars ($DCARS) – Revolutionary Crypto Platform for Fractional Luxury Car Ownership

What makes Dreamcars a strong candidate for the next crypto to explode?
  • First-ever platform combining luxury car rental with crypto
  • Already secured first Lamborghini Urus in Dubai with full insurance and warranty
  • Offering 20-50% APY through real asset-backed rental income paid monthly in USDT

dreamcars upcoming icos

Dreamcars ($DCARS) is revolutionizing the luxury car industry in 2024. This innovative project allows crypto investors to own shares in premium vehicles like Lamborghini, Rolls-Royce, and Ferrari for just $10 while earning rental income every month via their unique NFT-backed ownership system.

Investors can stake $DCARS tokens to maximize returns and get additional benefits, including exclusive NFTs, rental credits, and priority access to new vehicle launches.

Network BSC
Price Growth to Date
Total Supply 100 million
Current Price $0.011

Investors have a limited time to join the ongoing presale, which has already raised almost $700K. With the upcoming marketplace launch and expansion into Dubai, Miami, and Marbella, users can anticipate substantial growth opportunities.

Join their community on Telegram and read their whitepaper for detailed information about their real-world business model and expansion plans.

11. Race to a Billion ($RACE) – Next Big Crypto That Allows Users to Place Predictions on Virtual Races for Token Rewards

What makes Race to a Billion a strong candidate for the next crypto to explode?
  • Smart contracts ensure fairness in every race, from creation to result processing, making this platform stand out for its transparency
  • Earn up to 2,950% APY by staking your $RACE tokens

race to a billion next crypto to explode

Race to a Billion ($RACE) is a crypto project that lets users place predictions on virtual meme coin races, offering a unique and secure experience powered by blockchain. Previously known as Billion Dollar Jackpot, it ensures fairness and transparency through smart contracts that handle everything from race creation to result processing.

Network Ethereum
Price Growth to Date 8.21%
Total Supply 2.5 billion
Current Price $0.00817

The platform has just launched and is already among the best ICOs, allowing early buyers to purchase its native $RACE tokens for $0.00817 each and earn a high staking APY of over 2,950%.

$RACE 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.

If you’re interested, you can follow Race to a Billion on X and subscribe to its Telegram group for the latest updates.

12. LuckHunter ($LHUNT) – Mixed-Reality Casino with Metaverse Gaming Experience and Virtual Table Ownership

What makes LuckHunter a strong candidate for the next crypto to explode?
  • Earn passive income directly tied to the casino’s revenue
  • Access 1,000+ casino games, live dealer experiences, and VR-powered events
  • Rent, lease, or own virtual casino tables in iconic metaverse cities like Las Vexus and Hyper Macau

luckhunter next crypto to explode

LuckHunter ($LHUNT) is revolutionizing the crypto gaming space with the world’s first mixed-reality casino platform. Exclusively available through the ongoing presale, $LHUNT offers early investors access at a discounted rate with high upside potential. The project raised over $400K relatively quickly, showing strong community support.

Network Ethereum
Price Growth to Date 12%
Total Supply 8,066,087,838
Current Price $0.00112

$LHUNT tokens offer multiple revenue streams via the platform’s innovative features. Token holders can stake for rewards, own virtual casino tables, and participate in the platform’s success through the “Co-owner Backers Pool.” The ecosystem includes 1,000+ casino games, 210 unique games, and 160 live dealer experiences.

With over 50,000 existing players and a fully licensed platform, LuckHunter combines traditional casino gaming with cutting-edge VR technology. It’s worth noting that the platform also uses Fireblocks’ security technology. It has also undergone an audit by Solidproof to ensure a reliable gaming environment for both players and investors.

Join the LuckHunter community on Telegram and follow them on X for the latest project updates.

How We Picked the Next Big Cryptocurrencies

Here are the key factors we considered when selecting the cryptocurrencies with the most potential to explode in 2024:

  • Entry Price: In their presale stages, projects typically sell tokens at lower prices, potentially resulting in substantial gains once the project progresses.
  • Market Sentiment and Trends: This includes overall market sentiment, past performance, total market capitalization, and recent movements. To identify the next big crypto, it’s crucial to examine short—and long-term movements and investor behavior shifts.
  • Social Media Coverage: Channels like Reddit, Twitter, Discord, and Telegram are great tools for identifying cryptocurrencies that may rise in the future. Some YouTube channels also offer insights into some of the most profitable cryptocurrencies on the market.
  • Crypto Project Fundamentals: These fundamentals include tokenomics, utility, industry, roadmap, number of users, and other important elements. Reading the whitepaper is important if you want to understand the fundamentals of a crypto project. It outlines the project’s goals, technology, and plans, helping you assess its potential and long-term viability.
  • Past Cryptocurrencies’ Performance: The explosive growth of cryptocurrencies is driven by factors like adoption, utility, and hype. For example, Bitcoin’s price surged after Tesla accepted it for payments, while Dogecoin’s rise was fueled by Elon Musk’s tweets. Ethereum’s growth is linked to its use as a smart contract platform, attracting decentralized apps. These examples show how external influences and strong use cases can drive a cryptocurrency’s value to new heights.

What Causes a Cryptocurrency to Explode in Price?

Cryptocurrencies can experience explosive growth for a variety of reasons, often in a very short time. For example, Pepe saw a 7,000% increase in just three weeks. Understanding the factors behind these movements can help investors spot the next crypto with the potential to explode:

  • Adoption by a Major Company: Cryptocurrencies that meet certain market needs, like decentralized insurance or faster transactions, usually have more potential for widespread use, increasing their value. Even though regular user adoption leaves a lower short-term mark, it is essential for long-term growth. An example is Tesla and PayPal’s adoption of Bitcoin, which led to its rise afterward.
  • Utility: The utility and application of a crypto project show its capacity to solve real-world problems. An innovative protocol that addresses a market need is likely to be widely adopted and experience significant growth. Unique cryptocurrencies have the potential to attract large investors and drive substantial increases in token value over time.
  • Hype and Celebrity Endorsement: Many investors buy newly launched coins due to speculation and hype for future potential, pushing the prices up quickly. For example, when Donald Trump announced that Elon Musk would lead the new Department of Government Efficiency (DOGE), Dogecoin’s price jumped from $0.22 to $0.33.
  • Whale Positioning: “Whales” or large investors can substantially affect crypto prices since their large trades can result in noticeable market movements. Investors who monitor these whales’ activities can gain important insights into potential price changes.
  • Macroeconomic Events: Global events, such as the 2024 U.S. presidential election or shifts in Federal Reserve policies, can have a major impact on the crypto market. For example, following the FTX collapse, Bitcoin’s price plunged to a two-year low, while the results of the 2024 U.S. elections propelled it past $90,000, marking a new all-time high of $93,450.

Where to Find the Next Big Crypto

Here are some places where you can find the next big crypto coin:

ICO Platforms

If you are wondering, “What is the next crypto to explode in 2024?”, check out ICO platforms. They usually provide investors with early access to high-growth cryptocurrencies before the start of public trading. These platforms offer detailed project information, many offerings, and user reviews, so investors can make informed decisions. Some well-known ICO platforms include TokenMarket, ICO Bench, and ICO Drops, and they include whitepapers, feature transparent project details, roadmaps, and team profiles. Plus, investors participating in ICOs can easily find tokens that are under 1 dollar.

Private Crypto Sales

Before exchange listings or public sales, some projects have private crypto sales for chosen investors. They are harder to access but provide lower prices and higher return potential.

Projects Websites

There are projects that conduct token sales on their official websites. Investors can register on those sites and participate by contributing funds during the token sale. The best part about these sales is that they usually offer bonuses or better prices than other platforms.

Airdrops

Many projects share free tokens with their users via airdrops. The airdrops share the tokens widely and boost community engagement. Investors should follow social media channels and official project announcements for airdrop opportunities. One example of a project distributing tokens through airdrops is Best Wallet Token.

IEO Platforms

These are token sales directly conducted on exchanges, allowing users to buy the tokens through the crypto exchange. They provide credibility and trust, as investors can rely on the platform’s diligence for security. They also provide immediate trading and a simplified process, as users can use their existing exchange accounts to participate.

DEXs

DEXs allow directly trading tokens from users’ wallets, providing wider accessibility, full asset control, and early access to innovative tokens. To take advantage of these benefits, many projects list their tokens on DEXs before listing them on CEXs.

Venture Capital Investments

Venture capital firms and institutional investors often back blockchain projects in their early stages, which can lead to the rise of cryptocurrencies that are primed to explode. Retail investors can also participate in token sales related to these venture-backed projects and access these early-stage investments.
Experienced institutional players vet these investments, offering lower prices and allowing investors to maximize returns.

Trending Cryptocurrencies on Reddit

Browsing through popular cryptocurrencies on Reddit can be useful, as the platform provides up-to-date information, community-driven conversations, and market sentiment from a diverse group of cryptocurrency enthusiasts and professionals.
Reddit frequently showcases new trends and lesser-known valuable assets that may not receive much attention in traditional media, allowing investors to stay knowledgeable and ahead of the game, making it easier to find the next crypto to blow up.

Recently Added Cryptocurrencies on CoinMarketCap

This can help investors find new and possibly lucrative projects early. These new listings offer important information about up-and-coming tokens, allowing you to assess their market prospects, token economics, and community support before they become widely known.

Methodology
How We Review Cryptocurrencies

It’s important that our readers can make an informed decision by receiving impartial, accurate, and transparent information about high-risk assets like cryptocurrencies. Therefore, we cover every angle imaginable using 12 different criteria, some of which include:

  • Legitimacy and Compliance – We guide users through the cryptocurrency market, focusing on safe, legitimate investments in vetted projects and reliable operators that comply with all legal and regulatory requirements.
  • Project Team – We analyze and rate cryptocurrency projects to help users find secure investments, focusing on team experience and legitimacy.
  • Price Potential – We assess cryptocurrency price potential based on market capitalization and growth opportunities.
  • Liquidity and Trading Volume – We prioritize cryptocurrency projects with at least one real-world use case, where the token serves a function beyond financial speculation.
  • Community and Support – We evaluate the size and strength of cryptocurrency communities by analyzing their social media presence, engagement levels, and activity on platforms like Telegram and Discord.
  • Risks and Ethics – We evaluate cryptocurrency risks, from stable projects to volatile, high-potential ones, while also considering ethics, avoiding discriminatory or misleading projects.

Crypto assets are highly volatile, driven by speculation and hype, making it hard to spot the next big project. That’s why reviewing cryptocurrencies is crucial to ReadWrite.

1500+

Cryptocurrencies

12

Key Criteria

500+

Research Hours

10+

In-House Experts

Ready to Find the Next Crypto to Explode?

There are many options to consider when searching for the next crypto to explode. Not only does this include established cryptocurrencies, but brand-new ones, too. Just be sure to weigh the pros and cons before jumping in.

One potential next big cryptocurrency in 2024 to consider investing in is Wall Street Pepe ($WEPE) – a multi-utility meme coin that provides trading signals and staking rewards.

FAQs

Which crypto will explode in 2024?

Which crypto has 1000x potential?

Which crypto will boom in 2024?

Which will be the next crypto to explode?

About ReadWrite’s Editorial Process

The ReadWrite Editorial policy involves closely monitoring the tech industry for major developments, new product launches, AI breakthroughs, video game releases and other newsworthy events. Editors assign relevant stories to staff writers or freelance contributors with expertise in each particular topic area. Before publication, articles go through a rigorous round of editing for accuracy, clarity, and to ensure adherence to ReadWrite's style guidelines.

Milan has been part of our team for several years, having written hundreds of published articles as a freelance writer. He holds a master's degree in business marketing. With years of experience in the field, he knows how to create insightful, in-depth articles and guides focused on business development and growth. Recently, Milan began exploring diverse software solutions and platforms across different domains. These range from website builders and CRM to LMS and SEO. By combining these software solutions, a company's performance, visibility, and overall success can be significantly enhanced. Milan has been closely monitoring the evolution and prevalence of…

Get the biggest tech headlines of the day delivered to your inbox

    By signing up, you agree to our Terms and Privacy Policy. Unsubscribe anytime.

    Tech News

    Explore the latest in tech with our Tech News. We cut through the noise for concise, relevant updates, keeping you informed about the rapidly evolving tech landscape with curated content that separates signal from noise.

    In-Depth Tech Stories

    Explore tech impact in In-Depth Stories. Narrative data journalism offers comprehensive analyses, revealing stories behind data. Understand industry trends for a deeper perspective on tech's intricate relationships with society.

    Expert Reviews

    Empower decisions with Expert Reviews, merging industry expertise and insightful analysis. Delve into tech intricacies, get the best deals, and stay ahead with our trustworthy guide to navigating the ever-changing tech market.