What is the Next Cryptocurrency to Explode in 2023? Top 16 Contenders

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

Many investors are looking for the next crypto to blow up. However, with so many crypto projects in the market, it can be hard to make a definitive decision.

This guide will reveal the next cryptocurrency to explode in 2023.

We take various metrics into consideration when evaluating the most promising cryptocurrency. As such, this guide will divulge each project’s performance, use cases, and much more.

Top Potential Cryptocurrency to Explode in 2023

Below is a list of the next cryptocurrency to explode in 2023:

1. Bitcoin Minetrix (BTCMTX) - This exciting new crypto project combines token staking and cloud mining. $BTCMTX, the native token, can be staked to earn tokenized cloud mining credits and high stalking returns. Currently, $BTCMTX is soaring during its initial presale round. 
2. Meme Kombat (MK) - Thrilling multi-use meme cryptocurrency lets you wager on battling meme coin characters in a battle arena. Win free tokens and community rewards, and earn high staking yields with the $MK token. The token is priced at just $1.667 on presale. 
3. TG.Casino - Fully transparent and KYC-free casino offers complete transparency and anonymity to users. Hold the $TGC token to get a high staking yield and access to casino games. The $TGC presale has raised over $155K in just one day. 
4. Launchpad XYZ (LPX) - Web3 dashboard and gateway portal to provide data and help users find the next big opportunity in crypto and drive mass adoption into the space. More than $1.25 million raised in the presale so far.
5. yPredict (YPRED) - A cryptocurrency analytics platform that leverages AI to offer future outlooks on the digital assets space. Hold $YPRED token to earn passive income, win rewards, and access multiple trading tools, with $3.3 million now raised.
6. eTukTuk (TUK) - A sustainable cryptocurrency setting up EV charging stations for TukTuk drivers in developing countries. Hold $TUK to earn staking rewards and other benefits. Presale just launched.
7. Chimpzee (CHIMPZ) - A crypto focused on protecting the environment, helping save wildlife and providing rewards. $1.1 million now raised in the presale.
8. Scorpion Casino (SCORP) - The future leading eGambling platform that provides passive staking rewards up to $10,000 USDT - $660k raised in the $SCORP token presale.
9. Wall Street Memes (WSM) - Token harnessing the established reputation of the Ethereum NFT collection, Wall St Bulls, offering its loyal community of a million upside potential. Over $25 million raised on presale, before listing on OKX exchange.
10. BTC20 (BTC20) - A Bitcoin-inspired altcoin using a green PoS model offered a token price of $1 with high staking rewards. The total supply is capped at 21 million tokens, with 14.95 million set aside for staking.
11. XRP20 (XRP20) - Priced 30x cheaper than XRP’s all-time low, $XRP20 is a proof-of-stake token offering passive income and a deflationary token supply. $XRP is available at $0.000092 on presale, which has now finished in less than 3 weeks. 
12. Tamadoge (TAMA) - Exciting meme coin and P2E project with a growing library of arcade games in a doge-themed metaverse and an upcoming augmented reality app.
13. Polkadot (DOT) - Crypto infrastructure platform enabling token transfers across multiple blockchains.
14. Chainlink (LINK) - Crypto oracle network helping deliver data needed for smart contracts to function.
15. ApeCoin (APE) - Native cryptocurrency of the billion-dollar Bored Ape Yacht Club NFT ecosystem created by Yuga Labs.
16. Decentraland (MANA) - Massive metaverse for exploration, social meetups, concerts, shopping, and much more, with huge institutional support.

Importantly, we formulated this list of the most promising cryptocurrency projects based on thorough research, but investors will need to make their own minds up when it comes to looking for the next big cryptos.

Additionally, many of these exciting new cryptos could also feature on the next upcoming Binance listings in 2023.

Full Analysis of the Next Cryptocurrency to Explode in 2023

What crypto investor hasn't dreamed about finding a crypto that will make you rich? The truth is that finding the next best cryptocurrency comes down to thorough research and analysis.

With the view of aiding investors to make money with cryptocurrency and informed choices, we’ve analyzed a range of projects that have the potential to be the next crypto to blow up in 2023. 

By reading the below insights, investors can take a closer look at some of the potentially profitable crypto projects listed above. 

This includes key information such as market capitalization, use cases, and more.

1. Bitcoin Minetrix (BTCMTX) - Stake and Receive Cloud Mining Credits with this Revolutionary Crypto Presale 

One of the cryptos that has the potential to explode is Bitcoin Minetrix (BTCMTX). While Bitcoin Minetrix is not related to the Bitcoin project, it will be used to reduce the barriers to mining cryptos such as Bitcoin. 

Bitcoin mining can be a lengthy and expensive process. Investors must purchase advanced equipment, hardware, and even set up mining rigs. Therefore, Bitcoin mining is conducted mostly by large corporations. However, Bitcoin Minetrix will decentralize cloud mining to make it available to everyday people. 

The platform palms to rent equipment and mining times from other corporations. By staking $BTCMTX, the native cryptocurrency, token holders can earn cloud mining credits. The tokens will be staked on an Ethereum-based smart contract. The credits you receive are ERC-20 tokens and will be recorded on the blockchain. 

These tokens can be burned to earn Bitcoin mining power. The mining power is leveraged to get allocated mining times, through which you can potentially earn a percentage of mining revenues. Thus, Bitcoin Minetrix will make it cost-effective and simpler to earn rewards via mining. 

Staking the token can also give investors high APYs (Annual Percentage Yields) of up to 2,500%. This token is currently priced at $0.011 during the first presale round. In total, 2.8 billion $BTCMTX tokens will be allocated equally across ten rounds. This represents 70% of the total 4 billion supply. 

Bitcoin Minetrix has already raised more than $310K within a few days of the presale launch. The goal is to raise $32 million by the end of the presale. Read the Bitcoin Minetrix whitepaper and join the Telegram channel to find out more about this cryptocurrency. 

2. Meme Kombat - Wager on Battling Meme Coin Avatars on a Battle Arena and Earn Huge Staking Yields with this Potential 100x Cryptocurrency 

Meme Kombat ($MK) is one of the top meme cryptocurrency tokens that can explode in the coming months. Not just another meme project with a lack of utility, Meme Kombat will feature a battle arena, staking rewards, and free tokens for participating in its ecosystem. 

The play-to-earn battle arena will kick off with its first season after the conclusion of the $MK presale. The arena will let users wager their $MK tokens on live battles between meme coin avatars. The first series will feature 11 meme coin avatars such as Pepe Coin and Spongebob. 

Users can wager their tokens to earn exclusive rewards and free tokens. Once you purchase $MK during the presale, your holdings will be locked on the staking contract. Meme Kombat is offering a 112% APY for staking during the presale. 

The Meme Kombat battle arenas allow one to bet on Player vs Player modes, where they can challenge other friends and earn rewards depending on their performance. You can also bet on Player vs Games modes and earn big on this ecosystem. 

The developer team on Meme Kombat has been doxxed and are public-facing, which is not a common occurrence in the meme space. Boasting the potential to soar by more than 100x, Meme Kombat also offers a competitive token supply of only 12 million. 

The presale will allocate 6 million tokens, as Meme Kombat aims to raise a hard cap of $10 million. While projects such as Pepe Coin have offered staggering returns in the past, Meme Kombat offers more utility and stronger tokenomics. 

A 100% community token, $MK is only for the public. 30% of the supply will be distributed as staking and battle rewards and another 10% as community rewards. The remaining 10% will be used for DEX allocation. 

Investors can buy Meme Kombat for only $1.667 on presale. Read the Meme Kombat whitepaper and join the Telegram channel to learn more about the project. 

3. TG.Casino - Get Over 3,300% in Staking Yields with this Telegram Casino Token, $155K+ Raised in One Day via Presale 

Online crypto casinos have been one of the hottest niches in the cryptocurrency space. After the success of projects such as Rollbit and Hamster, TG.Casino ($TGC) is emerging as one of the best new online casinos. 

TG.Casino sets itself apart by offering 100% accessibility through Telegram. This way, users do not need to create a new account and connect to the casino through their Telegram app. Telegram also offers high-quality security and infrastructure, which supports seamless deposits and withdrawals. 

The TG.Casino has recently released $TGC, its native cryptocurrency, on presale. This token can potentially explode due to the multiple use cases and staking opportunities it offers. Firstly, TG.Casino users must hold $TGC to get access to exclusive casino games. The token will also be awarded as rewards to players in the ecosystem. 

Secondly, $TGC can be staked to earn high APYs. At the time of writing, you can earn more than 3,300% in annual yields by staking $TGC. Despite setting a low supply of 100 million, TG.Casino will implement a burning mechanism to reduce the supply and make $TGC a more competitive asset. 

TG.Casino will buy back a portion of $TGC with its profits. 40% will be burnt, and the rest will be offered through staking pools as rewards. The token can also be exchanged for other cryptos and fiat currencies on the TG.Casino. 

Currently, $TGC is priced at only $0.125 on presale. In just one day, the presale has generated more than $155K. The project looks to be rushing toward its hard cap target of $10 million. Thus, investors may prefer to buy TG.Casino token before the presale sells out. 

Stay updated with this cryptocurrency by reading the TG.Casino whitepaper and joining the Telegram channel. 

4. Launchpad XYZ (LPX) - Web3 Dashboard for Crypto Traders and Investors

Launchpad XYZ is a new Web3 dashboard that puts everything traders and investors need to know about the crypto market in one place. It's designed to make it easier than ever before to spot opportunities and act on them quickly.

The idea behind Launchpad XYZ is that so many opportunities in the crypto market are fleeting. Traders have just a short window to get in on a trending token before it pumps. Investors have a limited time to buy into crypto presales or join a new NFT mint before they sell out.

Launchpad XYZ puts everything traders and investors need to know in one place. From this dashboard, it's possible to see hot new crypto presales, monitor token prices in real-time, keep an eye on NFT mints, and much more. Launchpad XYZ various dashboards are very user-friendly and call attention to the most important details crypto investors need to know.

To make Launchpad XYZ even more actionable, the experienced team behind this project is introducing the Launchpad XYZ Quotient. This is a simple signal of whether investors should pay attention to a trending asset or not. Investors can rank assets based on their Launchpad Quotient to find new opportunities quickly.

Launchpad XYZ is also building its own decentralized exchange and NFT marketplace. That enables users to go straight from research to trading with no delay.

Launchpad XYZ native token, LPX token, plays a central role in this platform. Token holders receive discounted trading fees along with access to limited token presales and NFT mints. Check out the Launchpad whitepaper for more details.

It's difficult to predict what will happen to the price of $LPX after launch. But early investors can earn paper gains of 100% between the first stage of the Launchpad XYZ presale and when it lists. That's a very generous return just for investing in the presale.

The Launchpad XYZ presale raised more than $1.25 million has now been raised, so investors are clearly excited about this new Web3 dashboard. Join the Launchpad Telegram channel to get all the latest updates on the presale.

5. yPredict (YPRED) - Crypto Analytics Platform Offering Multiple Token Use Cases

The next cryptocurrency on our list is yPredict, an ecosystem offering data-driven market analytics and insights in the cryptocurrency niche. Members can buy subscriptions to predictive analytics and models on yPredict with $YPRED, the native token. 

These prediction models have been created by AI developers, financial quants, and trading experts. One of the main use cases of yPredict is to leverage AI tools, such as Natural Language Processing, to conduct sentiment analysis, technical analysis, and study chart patterns.

Members can see various future outlooks for the cryptocurrency space through the prediction marketplace. All these models are released after being verified by the yPredict DAO. Through the patent-pending pattern recognition algorithm, yPredict can identify hundreds of bearish and bullish charting and candlestick patterns. 

AI signals and technical analysis are among the other use cases of the ecosystem. While there is no guarantee that $YPRED will be a profitable cryptocurrency in the long term, the multiple use cases will help token holders to maximize their returns. 

For instance, one can stake tokens on the ecosystem to generate a yield from a staking pool. 10% of all the revenue generated from new subscription sign-ups are distributed to token holders. Moreover, 15% of the fees collected from token swaps are also given to holders through a staking pool. 

Other use cases include access to a Learn2Earn ecosystem, through which members can complete assessments and earn rewards. There is also a 7% tax on selling the $YPRED token, which has been introduced to limit the regular selling of the coin. 

Currently, $YPRED can be bought on presale during the sixth phase for $0.1 per token. The price will jump to $0.12 by the final round - more than $3.3 million has been raised so far.

Read the yPredict whitepaper and join the Telegram group to stay updated with this project. 

6. eTukTuk (TUK) - Sustainable Cryptocurrency with New Presale Launch  

For the past five years, eTukTuk (TUK) has been working on its cryptocurrency platform. The project will set up electric vehicle supply equipment (EVSE) and EV charging stations in developing nations' urban and suburban areas. 

Currently, over 270 million TukTuks use internal combustion engines (ICEs). These ICEs run on fossil fuels, contributing to more emissions than cars. As ICEs are slowly becoming obsolete, TukTuk drivers struggle to make a minimum wage. 

eTukTuk wants to set up affordable charging stations by leveraging the Binance Smart Chain blockchain. Since the blockchain supports a high number of transactions and charges low fees, TukTuk drivers will take home 400% by making the chance to electric vehicles. 

Furthermore, eTukTuk will set up charging stations in designated territories with the help of territory partners. These are local partners who will help in the operation and installation process. Thus, the costs will be lowered. 

eTukTuk will launch a drivers app through which TukTuk drivers using zero-emission vehicles (ZEVs) and other EVs can charge their vehicles at charging stations. On the driver's app, drivers will make payments using $TUK, the native cryptocurrency. 

Token holders can stake $TUK to earn a passive income. As the number of territories increases, there will be a rise in revenue through the charging stations. This will also allow staked token holders to earn more passive income. 

Currently, interested investors can join the token presale. and buy $TUK for $0.024. From a 2 billion token supply, 250 million $TUK tokens have been allocated for presale. 

Read the eTukTuk whitepaper and join the Telegram channel for more information. 

7. Chimpzee (CHMPZ) - A Crypto Focused on Protecting the Environment

Although several crypto projects are developing novel financial solutions, there is a lack of working environmental and social solutions. 

Fortunately, a new trend is emerging, and a few pioneering projects are leading the way. One of these projects is Chimpzee, which focuses on preserving the planet and its wildlife. Chimpzee offers various features to help users earn passive income while contributing to environmental causes. 

These features include Shop-to-Earn, Trade-to-Earn and Play-to-Earn which are accessible through the Chimpzee shop, the NFT marketplace, and the Zero Tolerance Game. 

The team has set aside 10% of the token supply and a portion of the profits for organizations working towards these causes.

Holding a Chimpzee passport is the most lucrative way for users to earn passive income. It allows them to earn more CHMPZ tokens and rewards by interacting with various elements of the ecosystem.

The Chimpzee project will introduce a mobile app that uses AI technology to generate customized chimpanzee avatars for its users. These avatars can be used to create a personalized Chimpzee NFT passport, with the same benefits of a Diamond NFT Passport.

To participate in the Chimpzee presale and purchase these special passports, 40 billion CHMPZ tokens will be available across four stages. 

Purchasing the Chimpzee Diamond NFT passport during the presale offers users the best rewards, with a limited supply available. 

Those who miss out on the presale will have to buy the passports at a higher price and wait until after the whitelist NFT passport prelaunch, which is exclusive to presale investors. 

Only participants in the first round will have access to this passport. Chimpzee has the potential to make a significant impact in the realm of environmental projects and is definitely worth keeping an eye on. 

Taking advantage of the presale early on comes with irresistible benefits including free bonus coins - around $1.1 million has been raised in the presale so far.

8. Scorpion Casino (SCORP) - The Future Leading eGambling Platform

The native token behind Scorpion Casino, SCORP, is one of the next cryptocurrencies to explode as it allows all holders to earn up to $10,000 USDT in daily passive staking income. 

Described as the future leading eGambling platform, Scorpion Casino is on a mission to build the number one social online gambling platform where users can earn a daily yield based on the casino’s performance.

The casino provides a fun and seamless gaming experience that simultaneously allows everybody to earn. The casino can boast over 210 casino games, with 160 live games, that are highly polished as the project is connected to all the major gaming providers, such as Evolution and NetEnt.

In addition, all of the popular table games, such as blackjack, roulette, and poker, are available on the platform alongside fun games like slots.

Furthermore, the casino also offers a separate sports betting section, allowing users to place bets on the outcome of their favorite sports games. All the major leagues are integrated for popular sports, such as football, tennis, golf, horse racing, basketball, boxing, and MMA.

The best part about the casino is that it’s licensed and regulated by the Curacao EGaming licensing entity, making the casino fully transparent and provably fair.

The SCORP token is the native token behind the platform and is the exclusive payment method for the Scorpion ecosystem. It’s the default betting currency across sports and casino gaming products and provides a passive income for those holding the token. The re-distribution tax provides the income, which sees 2% of every transaction being re-distributed to holders. Furthermore, a 1% burn tax also makes the token deflationary.

The project is currently hosting a presale for the SCORP token before it launches and hits centralized exchanges. Those that purchase more than $1,000 SCORP in the presale are enrolled in the Elite Scorpion Members Club, which provides VIP services, cashback, extra staking rewards, and extra SCORP tokens.

Additionally, investors that use the exclusive bonus code Scorpion20 in the presale can get an extra 20% tokens on their investment. More than $660k has been raised since the presale launched. 

9. Wall Street Memes (WSM) - Community-Backed Meme Crypto to Explode, Now Live on Exchanges

Capitalizing on the meme crypto explosion, a new crypto has emerged: the Wall Street Memes (WSM) token. 

The presale performance of Wall Street Memes has already garnered substantial attention and seen explosive growth, with investments reaching over $25 million. Now, the $WSM token is trading on OKX and Huobi exchange.

Drawing on the robust reputation of its Ethereum NFT collection, Wall Street Bulls, and its meme-producing pages, the project has forged a community that extends to more than a million enthusiasts across various social media platforms. 

Wall St Bull -  noted for its debut on OpenSea in 2021, which sold out in just 30 minutes - provided distinctive benefits to its community, such as entry to an Options Market and exclusive access to emerging NFT collections. 

The birth of the WSM token has taken this legacy further. It remains in sync with the evolving NFT trends, simultaneously unveiling its Bitcoin NFTs during the token presale.

Notably, Wall Street Memes have left a substantial footprint in the digital world. Its far-reaching impact has led to engagements with influential figures like Elon Musk, who has interacted with the platform's memes on multiple occasions.

Moreover, Wall Street Memes has also scheduled an airdrop. Participation in this airdrop could see token holders winning $50k in total simply by following the project across its social platforms and joining the Wall Street Memes Discord.

The WSM token has a maximum supply of 2 billion reserved for its community. Half of this supply was allocated to the presale, while the remaining will be split between community rewards and liquidity provision.

In the spirit of the infamous 2021 GameStop and AMC bull runs Wall Street Memes aims to replicate the thrill of acquiring undervalued assets before they skyrocket. The presale avoids the risk of substantial team tokens being dumped into the market, a problem plaguing other cryptos.

Stay updated on this crypto's journey by joining the Wall Street Memes community on Telegram.

10. BTC20 (BTC20) - Emerging Bitcoin-Inspired Crypto With a 120-Year Vesting Period

Recreating the spirit of Bitcoin's early days but infused with modern blockchain tech, BTC20 has emerged as a promising altcoin with the potential to explode.

It sets itself apart from Bitcoin's energy-intensive Proof-of-Work (PoW) method, adopting an eco-friendly Proof-of-Stake (PoS) model.

BTC20 recently concluded a successful presale, where it sold out 6.05 million tokens, for $1 each. The $1 price is reflective of Bitcoin’s price back in April, 2011. 

The PoS model also allows token holders to earn passive income by staking their tokens, simultaneously boosting network security and their rewards.

Also, the platform offers 100% tokens to the general public, upholding the basic principle of complete decentralization.

As an ERC-20 token, the $BTC20 token ensures smooth integration with established crypto wallets and platforms, improving user-friendliness.

As outlined in the BTC20 whitepaper, the total supply is capped at 21 million tokens, matching Bitcoin's limit. Of this, 14.95 million tokens are allocated for staking, promising fair reward distribution among early investors. The reward system per block confirmation echoes Bitcoin's original model.

BTC20 plans to mint tokens progressively over roughly 120 years, encouraging stable and sustainable token supply growth, much like Bitcoin's strategy. Future goals include forming strategic partnerships, creating decentralized apps (dApps), and introducing governance rights.

Interested buyers can join the BTC20 Telegram community for real-time updates.

11. XRP20 (XRP20) - Stake-to-Earn Crypto Available at 30x Cheaper Than The XRP All-Time Low Price, Presale Finished

Based on the Ethereum blockchain, XRP20 is a new cryptocurrency token available to purchase on presale. This project has adopted the trend of giving investors a second chance at original legacy tokens. While XRP20 is unrelated to XRP, it adopts a similar tokenomics on a more efficient blockchain network. 

The XRP20 presale finished in less than 3 weeks, swiftly hitting its $3.68 million hard cap. The claim date is currently undisclosed, though investors can still benefit from an estimated 57% APY rate. 

XRP20 has a total supply of 100 billion tokens, which it will distribute to the public through presale, liquidity, and staking purposes. This makes it a greater community token than XRP, originally distributed solely to its parent company, Ripple, and the team members. 

A large portion (40%) of the token supply has been allocated for staking needs. This stake-to-earn platform, unlike XRP, can be staked to receive passive income. The staking platform will be launched in the coming months. 

Another 40% of the token supply has been allocated to the ongoing presale. $XRP20 is priced at $0.000092 for this one-stage presale. The presale raised over $3 million in 2 weeks.  A further 10 billion tokens will be used to maintain DEX liquidity. 

XRP20 can be one of the top cryptos to explode due to its deflationary tokenomics. For every transaction conducted, 0.1% $XRP20 tokens will be burnt. In the long term, 10 billion tokens will be burnt, reducing the supply to 90 billion. Therefore, the price can shift upwards as the demand rises. 

One can purchase $XRP20 on presale with Ethereum (ETH) or Tether (USDT). 

To stay updated with the presale developments, read the XRP20 whitepaper and join the Telegram channel.

12. Tamadoge (TAMA) - Exciting Meme Coin with Varied Gaming Universe

Another big crypto to hit the market is TAMA. TAMA is the gateway token of the Tamadoge ecosystem and pumped after listing on exchanges - reaching an all-time high nearly 2,000% above its presale price.

This interesting P2E (Play-to-Earn) gaming platform and metaverse allows players to mint, breed, and battle their own Tamadoge pet in the Tamaverse.

The main elements of the Tamadoge ecosystem include tokens, games, pets, and the metaverse. The native currency TAMA, it’s used to buy and mint virtual pets, food, accessories, and more.

Five arcade-style games, Super Doge, Rocket Doge, To The Moon, Tama Blast and Tamadoge Run, are now live and sees players traverse a Mario-style platform world and collect coins. They are all available both play-to-earn - with an NFT needed - as well as free-to-play.

TAMA tokens have been surging by more than 50% in 2023 and with two more Tamadoge Arcade games, the main game and an augmented reality app on the way, the price is expected to break out even further this year.

Tamadoge broke records with its recently completed presale - where the project raised more than $19 million in less than eight weeks - and has been one of the few coins to make significant gains during the 2022 bear market.

The main Tamadoge game and augmented reality app are expected later this year.

The Tamaverse is the project's own metaverse, here, players can breed, mint, and take pets to battle to get to the top of the leaderboard - while digital toys, treats and food can be bought in the pet store to help the pets grow. Players can also earn real rewards in the Tamaverse.

The TAMA token also employs strict tokenomics that sets it apart from the likes of Dogecoin and Shiba Inu. Tama has a max supply of just 2 billion tokens and will also include a deflationary mechanism that will see 5% of tokens from every transaction in the pet store burned. 

DOGE, on the other hand, has an unlimited max supply and a current circulating supply over 130 billion, while SHIB has 550 trillion coins in circulation - 275,000 more than TAMA's max.

The token has not left the top 5 meme coins since launch and is expected to break out in price when market conditions improve.  Investors who agree that this is the next big cryptocurrency can head over to the official Telegram group for updates on the token's impending exchange listing.  

Play Super Doge Now

13. Polkadot (DOT) - Platform Enabling Cross-Blockchain Transfers

The next big crypto to talk about is DOT, the native token of Polkadot. This is a decentralized protocol that facilitates data and value being sent between different networks that wouldn’t otherwise be compatible.

As such, Polkadot serves as a connecting point for all other blockchain networks. This promotes scalability and interoperability. Thanks to its use of next-generation nominated proof-of-stake (NPoS), Polkadot uses a tiny fraction of the energy compared with many other blockchains.

Among the proof-of-stake procedures examined in a recent study, Polkadot has one of the lowest carbon footprints in the industry. Investors of DOT can stake their tokens for incentives. DOT also acts as a governance token.

Unlike some platforms, which only offer certain privileges to miners, Polkadot holders can partake in the management of events like fixes and protocol upgrades. At the time of writing, DOT has a market capitalization of over $7 billion and is in the top 15 coins on CoinMarketCap.

14. Chainlink (LINK) - Established Project With Hundreds of Partnerships

Although LINK is already a well-known cryptocurrency and is ranked among the top 25 tokens on CoinMarketCap, it still has room to grow. Chainlink's ability to link smart contracts on blockchains to data and events in the real world is one of its many uses.

This is the most popular oracle network for hybrid smart contracts. The oracle network of Chainlink may be used by a smart contract to obtain external data, such as the price of Bitcoin Cash in US dollars for instance.

Then, as compensation for their work, Oracles receive LINK tokens. Chainlink also offers timely, precise off-chain data reports for anything from AccuWeather to the SWIFT payment system. Furthermore, token staking and node delegation schemes will soon be implemented by the network.

The upgrades could contribute to making Chainlink more secure and decentralized, which might rekindle interest in the project. At the time of writing, LINK has a market cap of nearly $4 billion.

15. ApeCoin (APE) - Native Crypto of the Bored Ape Yacht Club Ecosystem

APE also has the potential to be the next crypto to blow up. ApeCoin is based on Ethereum and governed by the decentralized autonomous organization (DAO) of the same name. According to the team behind the project, APE was largely created to act as a token for commerce, gaming, and culture.

For anyone unaware, the Bored Ape Yacht Club ecosystem has become the benchmark NFT catalog for many investors to follow. This project represents more than digital art. It has become a well-known brand.

An example of this is the Bored Ape Breakfast Club, an NFT project offering a coffee subscription service along with exclusive privileges. Bored Apes are so popular that it is the theme of a burger joint in California which has become popular with NFT enthusiasts.

Additionally, renowned musicians Snoop Dogg and Eminem performed in the Otherside metaverse at award events as their own Bored Ape avatars. ApeCoin has a market capitalization of almost $1.5 billion at the time of writing.

16. Decentraland (MANA) - Currency of Popular All-Immersive Metaverse

As most metaverse enthusiasts will know, Decentraland is an all-immersive virtual reality. Its token, MANA, is built on the Ethereum network. Decentraland users can build, explore, socialize and earn.

This might just be the next crypto to blow up in the virtual real-estate sector. MANA functions as a utility token for Decentraland. Put simply, plots of land are offered in the form of NFTs called LAND.

These virtual plots of land within the Decentraland metaverse can be purchased using MANA tokens. Holders can also swap their MANA tokens for avatars, accessories, services, and many other goods within the ecosystem.

The market capitalization of Decentraland at the time of writing is over $1.3 billion. MANA is in the top 50 tokens on CoinMarketCap.

How to Find the Next Potential Cryptocurrency to Explode

When looking for the next crypto to explode, investors should look for projects with doxxed (publicly revealed) teams, thorough and well-put-together roadmaps and whitepapers. 

Finding the next cryptocurrency to explode in 2023 isn’t as easy as it sounds.

Sites like CoinMarketCap, CoinList, and CoinGecko will list dozens of new coins every week, but potential investors must do further research and due diligence before deciding to invest in a coin.

Websites like CoinSniper, Solid Proof and TokenSniffer will help you decide if a project is legitimate or not, as can social media sites like Reddit and Twitter.

We’ve analyzed the next potential cryptocurrency to boom and heaps of alternatives. That said, investors can check out some considerations below to aid their decision-making.

Growing Popularity

A sign of the next cryptocurrency to explode in 2023 could be increasing popularity at an early stage. 

Many new crypto projects introduce tokens in phases and will start with a beta, crypto presale, or both.

For instance:

• Tamadoge (TAMA) went on sale to early presale investors for $0.01 each.
• The final presale stage saw the coin on sale for $0.03 - a 200% increase before listing.
• TAMA raised more than $19 million total in its presale with huge hype.
• The coin pumped to an all-time high of $0.194 - nearly 2,000% over the early presale price and 550% over list price
• Tamadoge continues to build its ecosystem which includes NFT ownership and P2E gaming.

Crucially, presales are an important time for a project. If a token does well in its presale phase, it can skyrocket when it hits a major crypto exchange.

Crypto Project Roadmap 

The project roadmap simply refers to what the project has planned in order to grow and stand out in the overcrowded cryptocurrency market.

With certain roadmaps like Love Hate Inu's ambitious vote-to-earn project has a detailed roadmap that includes plans to integrate a voting system into major metaverses.

Finding the roadmap of a cryptocurrency project is fairly simple and entails checking the official platform and/or its whitepaper.

Use Cases

Meme coins like Dogecoin and Shiba Inu have produced crypto millionaires even though they have no utility. However, these are outliers. Most top-performing coins offer utility to users that keeps demand for the tokens high.

The next cryptocurrency to explode in 2023 could be a meme coin with ZERO use cases. 

However, most of the crypto projects that prove to be successful in the long run, after the initial hype, tend to have multiple use cases.

All of the cryptos with the potential to explode discussed on this page have use cases.

Tokenomics

Token prices are determined by supply and demand. So, check how a project plans to release tokens and how quickly to see if there is an opportunity for its price to spike.

A cryptocurrency project's tokenomics are one of the most crucial variables in determining success.

Love Hate Inu, for example, has a large supply of 100 billion tokens, but 90% of those are available for purchase in the presale, putting the project totally in the hands of the community.

The final 10% is reserved for liquidity on exchanges.

Where to Buy Other Potential Cryptos to Boom

Here is a brief guide on how to buy $BTCMTX tokens during the Bitcoin Minetrix presale.

• Step 1 - Download a crypto wallet such as MetaMask or Trust Wallet.
• Step 2 - Head to the Bitcoin Minetrix website and click 'Connect.'
• Step 3 - Purchase ETH, USDT, or BNB from a trusted wallet, such as MetaMask or Trust Wallet, or an exchange and transfer it over
• Step 4 - Convert ETH, USDT, or BNB tokens for $BTCMTX.
• Step 5 - Claim $BTCMTX tokens after all presale stages are finished.

The Verdict on the Most Likely Crypto to Explode Next

Today, we've looked at the roadmap, performance, and many other important metrics to rank the best crypto projects that could potentially explode, looking at a range of different projects to meme coins and presales and more established ones.

Our findings concluded that the next cryptocurrency to explode in 2023 is Bitcoin Minetrix. Investors can buy $BTCMTX, the native token, and earn cloud mining credits by staking the cryptocurrency. You will be able to get Bitcoin mining power and earn a share of mining revenues. 

The presale has already raised more than $310K in under a week. $BTCMTX is priced at $0.011 per token.

FAQs

What is the most likely next cryptocurrency to explode?

Bitcoin Minetrix is one of the potential cryptos that can explode in the coming years. The platform makes mining tokens simpler. With $BTCMTX, investors can stake their holdings and earn Bitcoin mining power. 

The $BTCMTX presale has raised more than $310K in a few days.

How do I find the next big crypto?

There are many ways to find the next crypto to blow up. Check out the roadmap of the crypto project to ensure it has a clear vision to grow. Moreover, the success of a presale can give an indication of how popular a project is and whether or not it could be the next crypto to explode.

Where can I buy the next big cryptocurrency?

Newly launched cryptocurrencies can often be purchased on presale via the project's platform. Alternatively, once listed, investors can buy cryptocurrencies via an exchange, or an online broker that offers digital currencies can also fulfill the order.