Next Cryptocurrency To Explode in 2023

2022 was a bearish year for the crypto market – dubbed the ‘crypto winter’ in cryptocurrency news media, Bitcoin dropped as low as $15,000 and many altcoins retraced by a larger percentage, hitting all-time lows.

One advantage is it has made investors seek out cryptocurrencies with better utilities and higher potential for explosive long-term gains in the next crypto bull run. This guide highlights and reviews many of the next cryptocurrencies to explode in 2023 and future years.

A Closer Look at the Next Cryptos to Explode

Our list kicks off with a meme coin – as Dogecoin and Shiba Inu showed in the last bull run, and Pepe (PEPE) showed in 2023, meme coins can explode by hundreds of percent in a matter of days:

Wall Street Memes (WSM)- Memecoin That Can Potentially Explode in 2023

Entering to explode in the crypto space amidst this memecoin mania is Wall Street Memes.

Hailing from a meme community with over 1 million followers across multiple social media platforms, Wall Street Memes is an homage to Wall Street Bets, a Reddit group of investors that led Gamestonks, a Gamestop short-squeeze event that increased Gamestop’s value by around 100x.

This community has since been involved with the latest trends in the NFT space, including the Bitcoin NFTs. Its collection of PFP NFTs was sold out within minutes of being live on Opensea. And with the latest memecoin – WSM – Wall Street Memes is once again aiming to become the next crypto to explode in 2023.

The project’s current community backing is enough to fuel it through the course of its current presale and beyond. The WSM presale has been able to raise more than $350k within a span of two days. At press time, the token is available at a discount price of $0.025. And with the presale price set at $0.0337, early movers have a chance to make guaranteed gains. Also, with a large community backing this project, it might end up on tier-1 exchanges, even Binance.

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Thug Life (THUG)- Memecoin That Can Potentially Explode Due to Thug Life Memes

Thug Life memes are among the most popular in the internet meme community. With their iconic pixelated goggles, blunt, and the chorus of Snoop Dogg’s Thug Life song playing in the background, these memes have become a widely recognized form of online media.

Now, this meme sensation has ventured into the world of memecoins. However, unlike other memecoins that simply borrow the name, Thug Life has infused its memetic style into the content presented on its official website and the principles it upholds.

Thug Life represents a community of ballers: resilient hustlers who rise to the top of the crypto game through love, resilience, and a touch of trolling. It was launched amidst the influx of memecoins with the goal of bringing profits to those who suffered losses from buying at peak prices.

The aim is to harness the relentless energy of the crypto community to propel the value of $THUG to new heights, enabling investors to transform past failures into future successes. Thug Life positions itself as an investment asset, making no grand promises or claims about utility.

These factors contribute to the potential for Thug Life to become the next crypto to explode in 2023. It can currently be purchased by participating in its presale, which has already raised more than $140k at press time.

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Sponge (SPONGE) – New Memecoin That Exploded Soon After Uniswap Launch

In third place is a memecoin that has already launched explosively. Known as Sponge (SPONGE), this crypto – inspired by SpongeBob Squarepants – has had a great launch during which it reached close to a $100 million marketcap within a few days of hitting Uniswap, at points being the #1 hot pair on DEXTools ahead of Pepe (PEPE).

This token is aiming to overtake not only Pepe (PEPE) but Wojak (WOJAK), Turbo (TURBO) and other memecoins.

Pepe has performed so well that it might as well be counted among the best memecoins of this year, exploding in value by over 100,000%. Rising to those heights may be difficult however Sponge has been going viral, currently listed on many CEX platforms including MEXC, Bitget, Poloniex, LBank, CoinW and Toobit. Its also involved in a vote to list event on Bybit and OKX.

The community aspect and the meme-ability of this token is the main thing that’s going for it, and it seems like that’s enough as memecoins have been the most explosive asset class so far in 2023. Another aspect that could help $SPONGE reach more holders – which currently number over 12,000 – is its airdrop promotion.

See our guide to buying Sponge.

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Launchpad XYZ (LPX) – A Crypto Project Simplifying Web 3 in 2023

Launchpad XYZ is a crypto project that offers an “all-in-one” portal that covers all the offerings of Web 3. But instead of taking a linear route that over-complicates decentralization, Launchpad creates an inclusive platform on which interested parties can interact with Web 3 however they wish.

To achieve that, Launchpad XYZ offers a host of tools that teach people about Web 3 in a simple language. Traders can get access to Trading Terminals complete with the latest and simple-to-use tools that let them assess the market conditions in real time. NFT enthusiasts can create, curate, buy, and sell NFTs that offer actual value. Gamers can interact with P2E games, and brands and institutions can check out tailor-made metaverse experiences and more.

Launchpad XYZ’s main goal is to address the shortcomings that deter the current Web 3 adoption rate by making every decentralization aspect more simple and exclusive. Everything on the platform will have a simple tutorial attached to it that will teach users how to navigate the space. And helping people interact with the ecosystem are two elements – LQ and Launchpad Wallet.

Launchpad Wallet is a Web 3 wallet that is easy to use, allowing people to interact with the elements of Web 3 they wish. LQ or Launchpad Quotient is a unique metric that combines over 400 data points to help people pick the best NFTs, utility cryptos, crypto presales, and Web 3 projects to participate in.

This variety of utilities has generated much interest in Launchpad XYZ’s native token – LPX. The presale of LPX is underway, and the token has already generated more than $140k in less than a week. Given the project’s use case, it can potentially overtake similar projects if Launchpad does what it has set out to do. Click the link below to participate as an early mover and join the Telegram group to learn more about this project.

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yPredict (YPRED) – Predict an Asset’s Price with This AI Crypto

yPredict is an AI project that seeks to create an “all in one” AI platform that offers users a host of prediction algorithms to predict an asset’s price and make wise investment decisions.  Providing these algorithms are data scientists, AI developers, and Quants that users can interact with using the prediction marketplace.

Navigating the crypto space is difficult, which is why yPredict has come up with a solution that uses AI to combine technical and sentimental indicators to discern the direction in which an asset can move. According to the official whitepaper, it employs a patent-pending pattern recognition algorithm that allows it to identify repeatable patterns out of hundreds of bullish and bearish charts and candlestick patterns.

yPredict has been created to not just give users access to AI signals but also a way for financial data scientists to generate passive income. These individuals can post their proven results and signals on the marketplace and sell them on a subscription basis. Users will pay for these subscriptions using YPRED – an ERC-20 token built on the top of the Polygon chain.

The supply of this token is limited to 100 million, which will help it maintain scarcity helpful in increasing its price in the future. The other positive of this token is its utility. In addition to buying signals and interacting with the predictive marketplace, YPRED can be used for staking. Users can earn a stable APY using this process.

yPredict is currently being offered as a presale, and it has already raised $400k. That initial traction is an indication of the possibility for it to explode since similar assets with similar levels of traction, like Fetch.ai, have gone up by 1400% in bull season.

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DeeLance – Crypto Providing Freelancing Opportunities in Web3

DeeLance is a Web3 recruitment project that leverages blockchain technology to provide creators of all kinds with freelancing opportunities. At the heart of this project is an app that also doubles as an NFT marketplace. Creators – freelancers – can tokenize their creations and present them as an NFT to showcase their work. Recruiters can assess these NFTs and find the best hires through this.

Taking a tokenized approach to hiring ensures that the process is fair, secure, and decentralized. Proof of work provided by the freelancers is more robust since it is in the form of an NFT, and it allows recruiters to quickly assess the potential of a freelancer before hiring them.

DeeLance is already running a presale and has already gotten burgeoning support thanks to being able to disrupt the freelancing economy. Visit deelance.com to participate in this presale and become an early mover in this unique freelancing economy.

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Ecoterra – Leading Cryptocurrency Project That Rewards People Who Recycle

There have been multiple green cryptocurrency projects in the past, and all of them have had lofty goals about how to move this project further. But not many have been able to reach the potential needed – Ecoterra is the answer to that.

Ecoterra is a green cryptocurrency project that hits an already green decision that many have the potential to take – but aren’t motivated to since the rewards are low – recycling.

The project aims to make the prospect of recycling more rewarding for those who choose to recycle with ECOTERRA tokens every time they recycle the project. The tokens are dispensed among those who recycle via the Ecoterra app – a web 3 application that is also home to ESG goods and a carbon offset marketplace.

Brands can also use the app to connect with recycling companies and buy recycled raw materials – and earn Ecoterra in return. This green project is moving bullishly forward with its presale that you can participate in by going to ecoterra.io today

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Swords of Blood (SWDTKN) – A P2E Game That Could Explode Thanks to Strong Gameplay Mechanics

The crypto gaming market is experiencing rapid growth, with a plethora of fascinating games that harness the potential of blockchain technology. Leading developers understand that the key to success lies in blending crypto-based systems with an immersive storyline to create a captivating gaming experience.

Swords of Blood stands out in the competitive crypto gaming market due to its unique storyline, setting it apart from other games in its category. Set in the world of Ezura, which has been ravaged by destruction, players can take on roles like battle-mage or warrior and embark on intricately crafted quests to acquire the best loot. Major investors, including Shugo Ventures, Magnus Capital, Master Ventures, Metavest, Fundamental Labs, and Krypital Group, have expressed substantial support for the game.

Swords of Blood will be available on both PC and mobile platforms and will support cross-play. The game will be free-to-play, and the developers prioritize creating an enjoyable game, with monetization being a secondary concern. If you have experience with loot-based RPG games, you will find Swords of Blood easy to pick up. The game allows players to collect powerful armor and weapons, craft items, and forge weapons to customize their characters and create powerful builds that match their preferred playstyle. Swords of Blood will also offer a PvP mode.

The upcoming presale of the SWDTKN token, which powers Swords of Blood, will offer multiple tiers of benefits to investors. The first tier provides early access to the beta version, while the highest tier includes all benefits of the lower tiers and a full-sized Sword of Blood crafted by Ben Abbott. Other tiers will offer a range of rewards, from in-game items to physical merchandise such as a hoodie and a letter opener.

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AiDoge (AI)- Meme-to-Earn Project That’s Set to Explode in 2023

Memes have become all the rage. The way that they communicate so much with so little and their unique art style have been favored among most who post regularly on social media platforms. The crypto ecosystem has leveraged that and grown further. However, traditional ways of generating memes are outdated now.

Addressing these meme generation challenges is AiDoge, a unique AI-driven project where you can generate memes by putting in a few text prompts. Launched at a time when AI-tech has become more mainstream, AiDoge aims to create a more sustainable ecosystem within the blockchain space where the community can interact with each other through quirky memes.

At the center of this ecosystem is the $AI token, an ERC-20 asset that you can use to buy credits to generate memes on the platform. You can then post these memes on the AiDoge community’s “Public Walls,” from where they will be visible to all. And as your meme gets more votes, you will have a chance of winning $AI tokens.

Dogecoin was the first token to be rewarded on social media platforms for engagement. But AiDoge is adding another layer of utility to it. This project uses artificial intelligence to make the ecosystem more accessible, which is partly the reason that it has become a hit as soon as it entered the presale stage.

There are 1 trillion $AI tokens in total, and devs dedicated 50% of it to the presale. The presale is over and you can now buy AI tokens on MEXC and Uniswap.

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Love Hate Inu (LHINU) – Vote-to-Earn Project in Early Stage Set to Explode in 2023

Meme coins have always been expected to explode and give massive returns consistently. One such up-and-coming meme coin is Love Hate Inu, which has the ability to provide exceptional returns due to its real-world utility and meme coin status.

It is in a true sense, a community-backed crypto project which can enable users to take part in different voting polls that take place on the platform. The primary feature of Love Hate Inu is the fact that it has the ability to give its users a platform where they can express their interests and opinions on hot topics and get rewarded for the same.

The platform’s goal is to bring together people and get votes on different issues and concerns that can have a widespread, real-world impact. The entire voting system of Love Hate Inu is based on blockchain technology, providing the right amount of efficiency and transparency.

Participants can stake tokens to qualify to vote in polls, and then use those votes to earn. To vote in a poll, the participant must stake their $LHINU token. A greater amount of tokens or a longer staking period can provide greater voting power to the participants.

The project also believes in being a completely anti-rug pull concept. This is why they are going ahead and distributing 90% of the tokens in the presale itself. With a robust roadmap and a structured launch plan in place, Love Hate Inu shows massive potential in the short term, as well as in the longer run. The explosive growth in the global use of memes spurred Love Hate Inu, a new meme coin. The token’s presale ended with a fundraising of $10 million within 2 months.

Also, the OKX crypto exchange listed LHINU on May 19, giving the coin massive growth potential. The meme coin was also on the same day on OKX DEX, a decentralized platform powered by the OKC blockchain.

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Ripple (XRP)

Ripple has cemented its place in the crypto industry. It is a money transfer network project that’s designed to serve the needs of the financial services industry. The native token of the project is XRP. Ripple is a payment settlement system and currency exchange system which facilitates transactions globally. XRP is the native token of the Ripple network that runs on the XRP Ledger. The XRP’s blockchain works differently than most other cryptos. It makes things centralized and uses a consensus protocol.

Ripple has a ton of benefits that makes it stand out. While other transfers take days to be verified and completed, Ripple’s transactions take less than four or five seconds to be executed. Various larger financial institutions such as the IndusInd Bank, Santander, and Bank of America use Ripple, demonstrating the goodwill and the market adoption functionalities that the cryptocurrency possesses.

What makes us add Ripple to the list is the adoption by major financial institutions and banks and its various solutions, which includes the Crypto Liquidity Hub, Cross Border Payments, and Central Bank Digital Currencies.

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ApeCoin (APE)

ApeCoin comes from the house of legacy NFT creators- The Bored Ape Yacht Club. It holds the right potential to gain the necessary hype while also keeping true to its utility.

In the first quarter of 2022, the rumor mill was abuzz with reports of a cryptocurrency coming up, which would’ve been the native token of Bored Ape Yacht Club, developed by Yuga Labs. Then came ApeCoin. It is an ERC-20 governance and utility token of the APE ecosystem and is administered by a decentralized autonomous organization (DAO). This allows the holders of the coin to vote for any governance-related decisions.

The ApeCoin serves various purposes in the ecosystem. Some of the use cases of ApeCoin include enabling holders to participate in the governance of the DAO, which further allows them to participate in the governance of the DAO and gives access to some exclusive features such as games, events, merchandise, and more.

ApeCoin holds true potential to keep its place and explode in 2023 due to being backed by Yuga Labs, the same organization that brought some of the best-selling NFTs ever, including The Bored Ape Yacht Club, Meebits, CryptoPunks among others.

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GALA

Gala Games is at the forefront of a big metaverse revolution that’s riding on the GameFi (play to earn) industry and NFTs.

Launched in 2020, Gala Games identified the gap in the play-to-earn industry and was one of the first movers in the space. It is a platform that creates blockchain-powered games, providing its players with true ownership of their in-game assets with the help of NFTs.

It isn’t just its presence in the Play To Earn area that makes us add it to the list but Gala Games’ focus on creating quality games which are way better than the usual games found in the P2E space. Gala Games has its own native token called GALA. This is the main token used within the ecosystem of the game for purchasing assets, peer-to-peer payments, rewarding nodes, and more.

What makes us seem optimistic about Gala Games is its unique abilities, which add to its overall functionalities. It is built on the Binance Smart Chain which reduces the overall transaction fees when using GALA on the game. Other benefits include multiple games, built in-store for a better gaming experience and a massive community with over 1.3 million members.

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Immutable X (IMX)

Immutable X recently made itself heard again in the crypto space with its recent integration with the NFT marketplace Rarible. This means that the gaming NFTs which were built on IMX can now be sold on Rarible.

Immutable X came up with the sole aim of making NFT transactions via the Ethereum blockchain more efficient by lowering the gas fees. Launched in 2018, by James Ferguson, Robbie Ferguson and Alex Connolly, it primarily targets getting instant confirmations on transactions on the blockchain and a negligible gas fees for minting and trading NFTs.

The native token of Immutable X is IMX which has a total of 2 billion coins in circulation, as of writing and is governed by the ERC-20 standard. These IMX tokens can be proved useful to pay transaction fees and to give incentives. Investors can also buy their IMX tokens and stake them to earn rewards and vote for any governance-related decisions.

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Bitcoin (BTC)

Bitcoin is where most of the craze around cryptocurrencies really started. Bitcoin, over the years, has shown resilience and an ability to withstand the most negative news surrounding the entire crypto industry. While Bitcoin is currently facing the wrath of crypto winter and falling, it is expected that the cryptocurrency will rise again.

Bitcoin has a variety of use cases with countries like El Salvador even giving Bitcoin the status of legal tender. Experts seem to be optimistic about Bitcoin rising back again and regaining its previous price levels.

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Ethereum (ETH)

The world’s second-largest cryptocurrency has also made it to the list due to a variety of reasons. Ethereum comes with its own set of functionalities that make it unique. In fact, last year Ethereum reduced the supply of Ethereum tokens, which currently stands at 122.2 million. This was done to ensure that the network is able to handle more transactions per second, improve the scalability of the platform and lower transaction fees.

What gives Ethereum some edge over Bitcoin is the fact that the network’s infrastructure can be used to build apps, and is also a base for other cryptocurrencies, facilitating decentralized finance. Apart from this, the Ethereum blockchain is also used by most of the top NFT projects too.

Ethereum has also now completed its most significant upgrade in its price history, which transitioned Ethereum to a Web 3-ready proof of stake mechanism, reducing power consumption and increasing security.

Ethereum’s ability to provide additional features and act more as a facilitator than just a coin is already a big advantage. With the current low prices, it can be a good moment for many to get in and invest in it too. We included Ethereum on our list of the best future cryptocurrencies.

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Dogecoin (DOGE)

Dogecoin will always be remembered as the cryptocurrency which started the trend for meme coins. The memecoin has shown resilience by staying relevant even after a major slump in its valuation last year.

While there have been questions about Dogecoin due to its lack of real-world utility and the entry of competitors such as Bonk (BONK), DOGE is now accepted as a mode of payment by thousands of merchants across the world, adding to its utility. Moreover, its recent rise as the second largest proof-of-work coin after Bitcoin is a testament in itself.

It is yet to be seen how Dogecoin adds some much-needed utility to itself. However, it is backed by a large community which is an advantage for the cryptocurrency in the longer run.

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Cosmos (ATOM)

The Cosmos blockchain was simply developed to facilitate and enhance the quality of communication between distributed ledgers without relying on a centralized server. The platform was soon termed the ‘internet of blockchain’ by its founders which aimed at streamlining transactions.

Cosmos has a network of apps and services which are interconnected with one another to facilitate effective communication. This is done by using hubs, the Tendermint consensus algorithm and the Inter-Blockchain Communication protocol to ensure that blockchains can communicate securely.

It solves three major problems that blockchain faces. Firstly, the Cosmos SDK solves the problem of high gas fees. This is done by the blockchains connecting with each other relying on smart contracts on different blockchains. Similarly, Cosmos also offers scalability due to its interoperability model of shared communication and sustainable measure such as the PoS consensus algorithm which reduces carbon footprint by 99%.

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How To Find The Next Cryptocurrency To Explode in 2023

Looking to find the next big thing in cryptocurrencies is certainly isn’t easy. This is why you should know the right places where you can look for the next big thing in the world of cryptocurrencies.

1. Social Media: Social media is usually rife with news and discussions around cryptocurrencies. This involves opinions and analysis by experts, updates by the projects and some theories and in-depth discussions by users. Some of the best places to look for cryptocurrency-related information are Reddit and Twitter.
2. Look Out for ICOs: Initial Coin Offerings are a way to ensure that most of the upcoming crypto projects are able to raise funds for their projects. ICOs can be a good way to get into cryptocurrencies. However, one thing to note here is the fact that many ICOs are unregulated.
3. Latest Crypto News: Following the latest crypto news can be another good way to stay abreast of the rising cryptocurrencies. Information from reliable sources such as Inside Bitcoin can come in handy for you to make a decision.

However, at the end of the day, the final decision depends on you and your due diligence along with your propensity for risk.

Where To Buy The Next Big Crypto?

There are numerous crypto exchanges and brokers out there with loads of features available. However, the one that stands out for us as well is eToro.

eToro has been in this space for decades now. The platform has been able to become one of the trusted sources for cryptocurrency-related trades due to its large list of features, security and the ability to diversify one’s investment from the same platform itself.

The platform now consists of more than 25 million registered users. What keeps these millions of users safe is the highly regulated ecosystem of eToro. The platform is regulated by bodies like the FCA, ASIC and CySEC to name some. Cash funds on eToro are held in regulated US banks and are insured up to $250,000. It further uses a multi-layered security approach to store cryptocurrencies including warm and cold storage.

The minimum trade size on eToro is $10 and it charges a flat 1% fee on all crypto trades. Its easy-to-use interface, a large list of cryptocurrencies and a long list of features make it an ideal crypto exchange for beginners and experts alike. See our full eToro review.

Some of our top picks for the next cryptocurrency to explode, are not yet listed on eToro but are on OKX – see our complete OKX review.

Conclusion

cryptocurrencies aren’t at their most bullish phase as of now. While the crypto winter does seem to slow down, it hasn’t died yet. This is what has made a lot of potential investors rethink their decision to step and invest in cryptocurrencies.

However, that’s always been the case with many financial revolutions in the past too. cryptocurrencies aren’t in the best phase as of now, but seeing the dynamic approach by upcoming projects and a long-term attitude, it seems that the industry will soon be able to figure out the right track, eventually leading to an increase in their prices.

One can only predict based on the available data, which cryptocurrency might stand out in the coming days. The final call is dependent on the potential of risk before you invest.

Amongst all the major ‘next big thing’ projects in the crypto industry, presales offer the lowest risk and lowest price point being so early in their roadmap – in this guide we reviewed several including Wall Street Memes, Launchpad XYZ, DeeLance and Ecoterra.

Wall Street Memes – Next Big Crypto

• Early Access Presale Live Now
• Established Community of Stocks & Crypto Traders
• Featured on BeInCrypto, Bitcoinist, Yahoo Finance
• Rated Best Crypto to Buy Now In Meme Coin Sector
• Team Behind OpenSea NFT Collection – Wall St Bulls
• Tweets Replied to by Elon Musk

FAQs on the Next Crypto to Explode