Major cryptocurrencies are having a strong start to the week, with the global crypto market cap skyrocketing surging by 3% over the past 24 hours. Bitcoin is back above the $28k price mark, and major altcoins such as Ethereum, Solana and XRP are leading the altcoin rally.
Experts believe that popular cryptos such as XRP and FLOKI are near the end of their accumulation phase and are primed for an explosive breakout. Meanwhile, the Loom Network token appears set for a strong bullish continuation.
A few high-utility presale tokens are also being backed by experts to show strong price growth once listed on exchanges. In this guide we list both old and new picks for the next cryptocurrencies to explode in the coming days and weeks.
With the Bitcoin halving scheduled to occur in April of 2024, it is no surprise that BTC ranks high on the list of the next cryptos to explode.
Quite simply, Michael van de Poppe of MN Trading believes that Bitcoin could trade as high as $40,000 even before the halving, while another popular analyst @CryptoJelleNL believes that the BTC price could hit $48,000 before the end of the year.
As such, after a turbulent start to the month, Bitcoin appears to be playing out the “Uptober” scenario, skyrocketing close to 4% in the past 24 hours to trade near the $28.2k mark – not counting a brief ‘fake news’ pump after a Cointelegraph tweet regarding the BlackRock iShares Bitcoin ETF, which quickly retraced.
The Bitcoin halving is not the only narrative that is giving a major boost to the largest cryptocurrency – market insiders believe that BTC spot ETFs are now only a matter, especially since the US SEC will not appeal its loss against Grayscale, a ruling in which the courts stated that the top financial watchdog acted “arbitrarily and capriciously.”
Furthermore, the SEC is likely to approve all the ETFs at the same time in the spirit of fair competition, and with giants like BlackRock, Fidelity and Valkyrie in line, such a scenario will likely lead to skyrocketing crypto prices – both for BTC and the altcoins.
Finally, the largest crypto is also expected to get some reprieve from the Federal Reserve. Despite less-than-ideal CPI and PPI prints that highlight high inflation levels in the economy, the CME FedWatch Tool still gives close to a 90% probability that the central bank will decide against another interest rate hike.
Just as Bitcoin is expected to explode in light of the upcoming halving, a new cryptocurrency – Bitcoin Minetrix – is also gaining significant traction. The token has already raised over $1.5 million – selling out the first stage of its presale – in less than 3 weeks.
Bitcoin Minetrix is a decentralized cloud mining platform that is helping everyday investors earn BTC mining rewards, without requiring them to run their own mining operation. Popular crypto trader Michael Wrubel, who has 310k subscribers on YouTube, believes there is a strong demand for Minetrix’s utility amongst retail investors – and for good reason.
The profitability of the crypto mining industry typically skyrockets during a bull market – as the Bitcoin price surges, so does the value of miners’ reserves and rewards. However, the industry has been dominated by giant corporations for over a decade, completely inaccessible to ordinary investors who do not have the capital or the technical expertise to set up a competitive mining farm.
Now with Bitcoin Minetrix, users do not need anything more than an Ethereum-compatible wallet like MetaMask. They can purchase $BTCMTX tokens – preferably in the presale itself – and stake them through Minetrix’s stake-to-mine dashboard. In exchange, they will receive mining credits, which can be burned for a percentage of the yields or cloud mining time – both options leading to passive BTC rewards.
Moreover, investors do not need to wait for the launch of the cloud mining operation – they can stake their tokens in the presale itself and start to earn staking rewards. The $BTCMTX staking pool is currently offering an APY of over 350%, which can help stakers reap profits despite the broader crypto market turbulence.
There has always been a strong demand for cloud mining platforms – however, scams and centralization risks repelled investors from joining the industry. Now with Bitcoin Minetrix’s decentralized approach, users are in complete control of their funds and can choose to unstake and sell their $BTCMTX tokens at any time.
With the first stage of the presale sold out, BTCMTX is now available at $0.0111. However, the second stage is also set to complete in less than two weeks, after which the price will surge again.
XRP continues to be a consensus pick amongst experts for the next crypto to explode, especially during the next bull market.
Simply put, smart money traders believe that Ripple’s back-to-back wins against the US Securities and Exchange Commission have not yet been accurately priced in, considering that they came during a bear market when the crypto market was facing a severe liquidity crunch.
XRP did surge to $0.85 when Judge Torres granted it its non-security status by ruling that Ripple’s programmatic sales did not violate the Securities Act. However, experts believe that the token’s inability to even retest the $1 mark left a significant room for future explosive growth.
The token also bounced again recently when Judge Torres rejected the SEC’s interlocutory motion, stating that the top financial regulator did not meet the burden of proof.
While XRP has not been able to regain the $1 price mark, its non-security status will be the law of the land for the foreseeable future. This regulatory clarity will only pave the way for massive financial institutions to enter into long-term partnerships with Ripple for its cross-border payment technology.
As such, Ripple has already teamed up with massive institutions such as Bank of America, PNC Bank, Santander Bank, Standard Chartered Bank, etc. If the race for Bitcoin’s spot ETF approval has shown anything, it’s that an increasingly higher number of TradFi institutions are entering the crypto space, and XRP’s legal victories could prime it to be one of the top beneficiaries of this trend.
As such, the XRP price has surged 3% today to regain the $0.50 mark and proponents of the token believe that it could be as high as $3 by the first financial quarter of 2024. In fact, trader @egragcrypto believes that the XRP price will be $27 in the near future.
Every crypto bull run introduces a new trend in the market – just as the last bull market saw the rise of meme coins, smart money traders believe that the GambleFi meta could be the story of the next one. As such, the online gambling industry is expected to grow at a CAGR of 11% and hit the $150 billion valuation by 2030.
To prepare for this oncoming boom, investors are purchasing high-utility GambleFi tokens, with the new TG.Casino token emerging as a standout choice. The admin of the Crypto Whale Pumps channel of Telegram – who has over 25k subscribers – recently purchased 10 ETH worth of $TGC in the presale itself.
With such high demand, it is no wonder that the first stage of the TG.Casino presale lasted just 3 weeks, with over $1 million raised so far.
TG.Casino is a fully licensed crypto casino and gambling platform, rated highly by review portals such as bitcoincasinos.com, and offers its services on the popular messaging app, Telegram.
Telegram is the home of a billion users, many of whom are crypto and gambling enthusiasts and could boost the demand for $TGC. Moreover, players can enjoy hundreds of games and sportsbooks, without the burden of any KYC verification or account setup.
The TG.Casino ecosystem is safeguarded by Telegram’s end-to-end encryption, making it resilient against incidents like the recent $40 million hack on Stake.com. The regular smart contract and token flow audits by Coinsult add an extra layer of protection as well.
Furthermore, $TGC’s on-chain staking mechanism also protects investors from pump-and-dump price actions, while also boosting the token’s value. A portion of the profits from the casino will be used to purchase $TGC tokens in the open market, 40% of which will be burned and 60% will be distributed as staking rewards.
Investors need to act quickly if they want to reap the maximum benefits out of the ongoing presale. The $TGC price will increase upon the completion of the second stage of its presale, which is set to happen in either 5 days or when the token raises $2.5 million, whichever happens first.
The TG.Casino staking pool is also currently offering an APY of over 450%, which will continue to decrease as more and more investors stake their tokens.
After the success of Rollbit Coin (RLB) which did a 100x in a bear market, many experts are eyeing $TGC as potentially the next cryptocurrency to explode.
Loom has emerged as the strong performing crypto on the market, posting the highest gains of any top 100 cryptocurrency – both in the daily and the weekly time frame. The token’s crypto price has skyrocketed 90% in the past week and close to a staggering 650% in the past month. Despite the extreme bearishness in the market, the Loom crypto has pumped to trade near the $0.34 mark.
Loom continues to display bullish strength in the lower time frames as well – appreciating nearly 1% on an hourly basis. TradingView, a technical analysis platform, is giving a “strong buy” signal to the token in the daily time frame where it is outperforming every important moving average indicator.
The token’s recent bullishness could largely be attributed to its recent listing on multiple exchanges, including on Gate.io, which immediately led to a 160% uptick in its 24-hour trading volume. In fact, it was often one of the largest gainers on both Binance and Gate.IO.
Naturally, with such a sharp bounce, some bears are expecting the token to dump in the coming days – in fact, it has corrected 10% from its high of $0.41. However, even bears like @GVRCALLS, who has over 100k followers on X, believe that a strong correction in Loom will lead to more stability and subsequently, another bullish continuation – which would make it one of the tokens to explode in the coming days.
After all, exchanges continue to list the token on their platforms, with KuCoin being the latest exchange to jump on the bandwagon.
Meme coins continue to be in high demand as investors are searching for the next token that could replicate Pepe’s meteoric rise. According to noted traders, Meme Kombat could be the next meme crypto to explode, thanks to its staking and Play2Earn utility. One influencer went as far as to state that the token could display a 10x bull rally after its launch.
After all, the token has piqued the interest of meme coin enthusiasts in its presale itself, with over $535k worth of tokens sold out in just over 3 weeks.
Instead of simply paying homage to a popular meme or a fictional character, the Meme Kombat platform will serve as a virtual battle arena with 11 different characters, each one representing a different meme token such as Pepe, Shiba, Doge, Sponge, etc.
The characters will engage in exciting and unpredictable AI-simulated battles, allowing users to wager on the outcome of the game. Players can wager against each other or against the house and can also engage in some exciting side-action betting.
Similar to Wall Street Memes – a new token that has recently exploded – Meme Kombat is also offering its own stake-to-earn feature, allowing retail investors to generate passive income irrespective of the broader market outlook. The $MK staking pool is currency offering an APY of 112%.
Players can allocate a portion of their staked tokens specifically towards betting, maintaining a risk-reward balance.
Most importantly, Meme Kombat has taken significant measures to dispel any concerns of scams or rug pulls from the minds of investors. After all, the recent Pepe coin fiasco is still fresh in everyone’s memory when a few anonymous devs dumped all their $PEPE holdings, leading to a massive price crash.
To protect investors from such incidents, the identity of all team members behind the Meme Kombat project has been revealed, including its founder Matt Whiteman.
Speaking of high-utility meme coins, Floki (formerly Floki Inu) is another token that is gaining strong traction, surging close to 7% over the past week and 13% over the past month. The popular meme coin is currently priced at $0.185.
According to analyst @Crypto_Scofield, who has close to 50k followers on X, the attention of investors has shifted from top meme coins like Dogecoin and Shiba Inu to Floki, potentially making it the next cryptocurrency to explode in 2023. The hype around Floki can largely be attributed to a mystery announcement that the team behind the token is making tomorrow, on the 17th of October.
The enthusiasm around the upcoming announcement is so high that the talk of “Floktober” has started to circulate amongst meme coin enthusiasts.
Floki’s crypto locker utility also continues to score major adoption for the meme coin. Amino Rewards – a Web3 company that recently signed a multi-year partnership with the popular NFL team the San Francisco 49ers – has announced that they will be using the crypto locker protocol.
Thanks to this rapid innovation and adoption, TradingView gives a “Buy” signal to the crypto as it is outperforming most of the important moving average indicators. The bulls would next hope to breach the 50-day Simple Moving Average at $0.186, followed by the 10-week Exponential Moving Average at $0.187.
Our final pick for the next cryptocurrency to explode is also best known for helping investors capitalize on the big money-making opportunities in the crypto market. The Launchpad XYZ ecosystem offers a wide range of powerful tools that help its users gain a competitive edge in the world of crypto trading.
For example, its Launchpad Quotient feature scores a wide range of crypto assets and NFTs after analyzing them across 400 data points, ensuring that investors do not miss out on the next Pepe or Floki.
Moreover, traders can leverage the TradingEdge tool and devise their own trading strategies with the help of sentiment analysis and the latest crypto news. In fact, beginners can get to know the trading setups of top traders and quants. Pro traders can also utilize the Terminal engine to execute their trades at a blazing fast speed.
The project has also offered limited-time access to its group on Telegram, which delivers market-leading alpha, along with daily trading tips and news. The channel has already delivered on several 10x trading setups, with its call on the Elon 2.0 token leading to 29x gains.
The Launchpad ecosystem is not all about trading either – instead, it’s a one-stop shop for all things Web3. The platform offers its own custom Web3 wallet, a premium NFT marketplace, a decentralized exchange, its own AI LLM chatbot, etc.
Thanks to this unique value proposition, the $LPX presale has raised close to $2 million. Buyers are also currently earning a 13% bonus on every purchase – however, this bonus will decrease by 1% every week.
Depending upon the amount of $LPX tokens purchased, they will also receive an NFT-based premium access card, which will unlock more exclusive perks such as access to VIP trading channels for insights into the next cryptocurrencies to explode.