What is the Next Cryptocurrency to Explode in 2023? Top 14 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 14 Potential Cryptocurrency to Explode in 2023
Below is a list of the next cryptocurrency to explode in 2023:
- Meta Masters Guild (MEMAG) - Most Likely Crypto to Explode Raising $50K in First 24 Hours
- FightOut (FGHT) - M2E Crypto to Explode after raising $2m in Less Than a Week
- Metropoly – New NFT Marketplace Set to Revolutionize Global Real Estate
- C+Charge (CCHG) - New Presale Project Offering Carbon Credits to EV Drivers
- Calvaria (RIA) - New Play to Earn Crypto Heading for Huge Imminent IEO
- RobotEra (TARO) - Top P2E Crypto in Newly Launched Presale
- Tamadoge (TAMA) - Exciting Meme Coin Project Pumping since IEO
- IMPT - Green Crypto Project Enabling Users to Reduce Carbon Footprint
- Battle Infinity (IBAT) - NFT-Based Sports Fantasy P2E Platform and Ecosystem
- Lucky Block (LBLOCK) - NFT Competitions and Rewards Platform
- Polkadot (DOT) - Platform Enabling Cross-Blockchain Transfers
- Chainlink (LINK) - Established Project With Hundreds of Partnerships
- ApeCoin (APE) - Native Crypto of the Bored Ape Yacht Club Ecosystem
- Decentraland (MANA) - Currency of Popular All-Immersive Metaverse
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
Ever wondered what the top crypto that will make you rich in 2023 is? A large part of discovering the best new cryptocurrency, or even well-established ones, is 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. Meta Masters Guild (MEMAG) - Most Likely Crypto to Explode Raising $50K in First 24 Hours
Meta Masters Guild (MMG) recently launched an exciting new presale that raised $50,000 in its first 24 hours.
Investor interest has been massive ever since and the presale is already in stage 5 with more than $3.1 million raised in less than a month.
MEMAG tokens launched at $0.007, but now in stage 4 they cost $0.019 - by the seventh and final stage of the presale, $MEMAG will be valued at $0.023. Investors wanting to own an appreciating asset should consider buying $MEMAG during the early stages of its presale.
MMG has allocated 35% of the 1 billion total tokens to the presale. Only 15% of the coins will be available for exchange listings and liquidity.
One of the factors that separates MMG from most P2E games is that it offers rewards for time spent in the game, contribution to the ecosystem and victories. It is building Web3's first dedicated mobile gaming platform and has focused heavily on offering engaging games that ensure players keep coming back, which is good for the ecosystem and the player to collect more rewards.
To that end, MEMAG tokens will not even be used for rewards and will instead underpin the project, while a second token - GEMS, which exist off-chain - will be used for rewards and currency.
Three games will soon be introduced - with the first of those expected in late 2023 - enabling players to buy NFTs and exchange their resources for other cryptocurrencies. Holding $MEMAG coins also enables investors to be part of the $100,000 token giveaway.
|Amount of Tokens
2. FightOut (FGHT) - M2E Crypto to Explode after raising $2m in Less Than a Week
FightOut and native token FGHT is our top pick for the next crypto to explode after the token presale saw more than $2 million of investment in just five days.
The highly ambitious project - which has now raised $4 million - is creating huge buzz in the crypto space because of its potential to be a leading move-to-earn (M2E) project and its plans to build a series of real-world Web3-integrated gyms around the world.
The FGHT token is now in the second stage of its presale with investors also able to earn up to 50% in bonuses depending on their purchase amount and locking period.
Furthermore, tokens are now increasing in price every 12 hours until they reach a max price of $0.0333 - an increase of 67% from the current price.
While other M2E projects such as STEPN and Sweat Economy launched with hype in the last 12 months, both projects have dipped given expensive starting costs and flawed rewards systems.
FightOut has been developed to avoid those two major issues, offering small costs to use the FightOut app to subscribe to the gym and a robust rewards system - using in-app currency REPS - that will see players redeem useful items such as discounts to membership, personal trainer sessions, apparel, fitness equipment and supplements.
While those projects are also largely concerned with steps and walking, the FightOut algorithm will use smart technology to track movement, key effort indicators and even sleep and nutrition to build out a digital fitness profile.
That profile - a soulbound NFT avatar that is fully customizable but cannot be traded - then gets a tailored workout program that not just concentrates on strength and cardio, but takes a holistic approach that includes wellness and mental health.
The NFT avatars can be used to take part in daily, weekly and monthly competitions that sees users pit themselves against others for rewards.
FightOut, which we rate as the best crypto to buy, is currently scouting locations for its real-world gyms that will have Web3 features. FightOut has also welcomed four elite athletes to the project as ambassadors - not only to help with marketing but to provide masterclass-style content and behind-the-scenes access.
Savannah Marshall, who fought Claressa Shields in the most-watched women's boxing match ever, top 10 UFC stars Taila Santos and Amanda Ribas, and American Ninja Warrior Tremayne Dortch have all signed on.
The project has a 10 billion max supply with up to 9% sold in the presale to fund the launch of the project, up to 4.5% for the bonus scheme and 10% allocated to exchange liquidity. The remaining 76.5% of tokens will be vested over five years to ensure long-term growth.
FightOut has been developed by doxxed team that includes a CEO who co-owns a boxing gym and a senior team with a background in fitness apps.
They have also outlined how funds raised will be spent, with 70% to venue acquisition and refurbishment, 18% to marketing and partnerships and 12% to product development.
|ETH, USDT, Transak
3. Metropoly – New NFT Marketplace Set to Revolutionize Global Real Estate
The use cases of NFTs should not be limited to the art, gaming, and finance sectors. If NFTs are to enter the mainstream, they should provide real-world use cases. Metropoly is the latest project that takes on this mission.
The NFT marketplace simplifies and decentralizes the real estate market in Web3.
Metropoly hosts the first NFT marketplace backed by (100%) real-world properties, where real estate assets are converted into NFTs and then divided into fractional NFTs. Why? So that real estate investments can be made available to retail investors for prices as low as $100 per piece. The assets are not second to their traditional counterparts.
For example, they accrue passive income in rent and appreciate in value over time. In fact, they are set to change the way we have known real estate assets with new features and functionalities.
For starters, Metropoly cuts down the time, effort, and cost that go into real estate investment. You don’t have to deal with the hassles of documentation, maintenance, and occupation when adding Metropoly NFTs to your wallet.
And you can sell your NFTs any time you want on the marketplace, the beta version of which is now live. The method is a huge time-saver. If it takes two months to trade a property now, you can trade Metropoly NFTs in less than two minutes.
The growing hype around the METRO presale indicates the growth potential of the project. METRO is the native cryptocurrency of Metropoly that will play an integral role in supporting its open economy. As the real estate market is largely immune to inflation, the tokens will make an excellent investment this year.
USDT, ETH, BNB
After the presale is sold out or on April 1st, 2023
Another factor that expedites the presale is the early-stage discounts. (Use the bonus code Launch20 to get an additional 20% on your purchases.) The project has also launched a compelling giveaway of a Burj Khalifa Apartment worth $1,000,000 as part of its marketing campaign. To participate in the giveaway:
- Complete the tasks listed under the contest on Gleam.
- Hold $100 in METRO in your wallet at the time of the draw.
The apartment has the potential to earn up to $100,000 annual passive income from rent.
4. C+Charge (CCHG) - New Presale Project Offering Carbon Credits to EV Drivers
C+Charge is an exciting new crypto project set to explode in 2023 and beyond as it offers carbon credit rewards to further incentivize drivers to buy electric vehicles (EVs).
The new project will launch a mobile app that not only allows EV drivers to earn carbon credits while recharging, but also offers key pricing and diagnostic information making driving much more convenient.
The project seeks to make the pricing of EV recharging uniform across the industry as well as help drivers avoid long queues and broken charging points.
C+Charge has already partnered with Flowcarbon to offer Goodness Nature Tokens (GNT) which are 1:1 backed by carbon offset and regeneration projects. Flowcarbon completed a $70 million funding round in mid-20, attracting investment from major venture capital firms including a16z, Samsung Next and Invesco.
C+Charge itself has already attracted $250,000 of angel investment from crypto VC firm 360° Crypto Economy and has partnered with Perfect Solutions - meaning it already operates 20% of charging stations in Turkey.
Carbon credits are permits that allow the holder to emit CO2 into the atmosphere with one credit equal to one ton of carbon dioxide.
The asset class is set for exponential growth in the next decade, with the likes of Tesla already making billions annually by selling credits to other companies. C+Charge will allow individuals to own and trade carbon credits where previously it has been the sole domain of big business.
The CCHG presale has only just launched with tokens on sale for $0.013 in the first of four presale rounds. By the final stage, tokens will sell for $0.0235 each - an increase of 80%.
One crypto whale also bought $100,000 of CCHG in a single transaction during stage 1.
There are 400 million tokens on sale during the presale, from a max supply of 1 billion, with no vesting period and a hard cap of $6.6 million.
|% of presale tokens
|Number of Tokens
5. Calvaria (RIA) - New Play to Earn Crypto Heading for Huge Imminent IEO
If Calvaria’s IEO is anything like its presale, RIA tokens are set to be huge.
The presale has just sold out, reaching a $3.075 million target, and is now set for its initial exchange offering on leading exchange BKEX on February 7, 2023, at 6am UTC.
BKEX has almost $1 billion of daily trading volume and subsequent listings are also confirmed on LBank, Uniswap and Changelly Pro. A partnership with KuCoin Wallet has led to speculation RIA will be listed on KuCoin in the coming weeks.
Listings information and dates and everything about the coin is first made available on the Calvaria Telegram group.
Calvaria has enabled investors to enjoy several benefits by owning RIA tokens - not only do they receive rewards in-game, but investors can increase their holdings by staking them.
Holding RIA tokens enables investors to participate in managing the future of this game. Investors can vote on critical issues that determine how the ecosystem operates.
The Calvaria whitepaper states that players enjoy true asset ownership because all the assets collected in the game can be sold on secondary markets or used in third-party decentralized applications.
The game has two native tokens, both of which have 0% sales tax. Players use cards of the same strengths to buy higher-level cards with the tokens.
The game, which is among our best gaming cryptos, also rewards unique cards and power-ups to strengthen a player’s deck - players use strategic card moves to defeat opponents and win tournaments to receive tokens.
6. RobotEra (TARO) - Top P2E Crypto in Newly Launched Presale
RobotEra launched the presale of native token $TARO in November 2022 and looks set to explode according to market sentiment.
Bearish crypto prices have revealed that investors favor play to earn tokens over other crypto assets because of their intrinsic reward element.
P2E tokens held more of their value than even some of the best altcoins - and investors receive the highest returns by getting in early on projects
Investors wanting to bag affordable assets that may explode will want to buy RobotEra crypto during the first stage, which sees TARO tokens on sale for just $0.02 each.
Therefore, investors who buy TARO during the first stage will own an asset that has appreciated by a guaranteed 60% by the time the token reaches exchanges.
Major exchange listings will then follow, which means more exposure and more demand for TARO tokens.
A key reason investors are excited by TARO tokens is that RobotEra, which is an LBank Labs project, rewards their P2E players in several different ways.
Players use NFT robot avatars to reconstruct the Taro planet by buying metaverse plots of land and embellishing it with assets and activities.
NFT robots and the metaverse land can both be customized and improved and, eventually, monetized.
As well as using them in the game, players use custom tools to upgrade their robots and build new ones, both of which can be sold as NFTs on the marketplace.
The metaverse land plots can be built upon with very few limits, with developers anticipating they will be used for concerts and events, NFT museums and community hubs.
Monetization will come from charging admission for events, or erecting advertising billboards that real companies and utilize.
Players need no coding knowledge to build their worlds, instead using in-game custom tools that allow for 3D scenes, sound, physics, user interaction and much more. The developers anticipate new use cases will emerge with few limitations on what can be developed in the RobotEra metaverse.
Further game rewards will come from mining minerals, participating in concerts, or even owning whole continents of land. Players can also earn passive income by staking their TARO tokens.
RobotEora has allocated only 15% of the total token supply to the presale, with a hard cap of around $7 million, and there will be no vesting period on presale tokens.
Although tokens are currently on sale for $0.02, the price will increase as the stages progress with stage 2 tokens selling for $0.025 and stage 3 for $0.032 each - making now the time to buy the coin at the lowest price.
7. Tamadoge (TAMA) - Exciting Meme Coin Project Pumping since IEO
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.
The first of five arcade-style games, Super Doge, is now live and sees players traverse a Mario-style platform world and collect coins. It is 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 four 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.
In terms of Tamadoge games, there are more P2E options expected to be revealed later in the roadmap, Q3 2023, which will include arcade-style games. The platform also plans to house an AR-based app. As such, by Q4 2023, players will be able to see the game’s visual and audio content in their own environment.
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.
8. Dash 2 Trade (D2T) - Crypto Analytics and Intelligence Protocol
Dash 2 Trade is another top pick for the next cryptocurrency to explode due to its wide range of tools that will help users maximize their earning potential.
The huge interest in the crypto intelligence protocol was shown after its presale raised more than $15 million.
According to the Dash 2 Trade whitepaper, the D2T token is at the core of this platform. This ERC-20 token is used for subscriptions to the dashboard and is required for accessing various features. More features will be linked to D2T ownership.
One of its main features is the Dash Score, a bespoke crypto presale project scoring system that will allow users to invest with confidence and avoid scam projects.
Dash 2 Trade will conduct a thorough analysis and due diligence of a project so users don't have to, examining tokenomics, utility, the team, audit and whitepaper and then scoring presale projects out of 100.
Alongside that bespoke presale scoring system and crypto signals, D2T token holders can incorporate sentiments and on-chain analysis to optimize their technical analysis. These two features enable traders to identify coins that could experience significant price movements. The social indicator enables traders to stay on top of the latest buzz coins making airwaves on Twitter and Reddit.
Traders who prefer independent trading can take advantage of the strategy builder and backtester tools. It enables traders to incorporate strategies based on the platform's metrics. The backtester tool mimics live market conditions and enables traders to test out their strategies to find profitable ones.
Did you know that D2T is among the top 10 cryptos to watch in 2023? Other tools that traders can use are the auto trading API - fully customizable - risk profiler and listing alerts. The risk profiler scores trades to minimize risk and guides traders with market psychology. Coins that are newly listed on exchanges may be volatile, and Dash 2 Trade provides alerts of these assets.
Traders can choose three different subscription options: Free, Starter, and Premium. The Free package has limited features but the Starter package (400 D2T per month) entitles traders to watchlists, on-chain data, automated trading tools and the backtesting platform, and access to the Discord channel to receive market insights.
The Premium tier (1,000 D2T per month) entitles subscribers to access all the features. It's tailored for traders that want consistent results. Part of the package are whale wallet alerts, live streams, professional-grade market indicators, and real-time data feeds.
Dash 2 Trade has been developed by an experienced team of professional traders who spotted a huge gap in the crypto market for reliable tools and analytical information. They previously developed Learn2Trade, a forex and crypto beginners' trading platform with 70,000 users and a four-star rating on TrustPilot.
Those interested can receive the latest information about this project by subscribing to the Dash 2 Trade Telegram channel. Follow the link below to find out more about the project and learn how to buy Dash 2 Trade tokens today.
9. IMPT - Green Crypto Project Enabling Users to Reduce Carbon Footprint
IMPT looks primed to explode after the success of its presale, which saw more than $20 million raised.
The token has now been listed on multiple leading exchanges such as Uniswap and Gate.io, with the price expected to pump in 2023.
Unlike many new crypto projects that struggle to justify their existence over time, IMPT is building a project that is setting out to ease the climate crisis - one of the biggest issues facing humanity in the 21st century.
It will do this by allowing users to earn IMPT tokens when they shop, with the tokens eventually being converted into carbon credits NFTs which fund sustainable and environmentally friendly projects that offset carbon footprints.
As well as being acquired through shopping, carbon credit NFTs can also be bought and sold - and have a value in themselves - while users can also choose to retire them and get a unique NFT in return.
IMPT has partnered with more than 10,000 retailers and brands - including Samsung, Microsoft and LEGO - to offer tokens and carbon credits and will also keep a score of individuals and companies to encourage more environmentally friendly choices.
The voluntary carbon market is set to explode in growth in the next decade, with Bloomberg estimating the value of the market will rise from $2 billion to $100 billion.
The project is built on Ethereum, one of the most energy-efficient blockchains after the Merge, and boasts a fully doxxed team with years of senior experience in global commerce and telecoms companies.
We previously named IMPT the best upcoming ICO given its real-world use case and the success of its presale, while independent review websites such as CoinCodex.com and CryptoPresales.com named it among their best presales of 2022.
10. Battle Infinity (IBAT) - NFT-Based Sports Fantasy P2E Platform and Ecosystem
IBAT could also be the next cryptocurrency to explode in 2023. This is the native token of the exciting new ecosystem called Battle Infinity. Battle Infinity is a multifaceted platform that offers decentralized NFT-based fantasy sports games on a blockchain.
The stand-out P2E game is IBAT Premier League. This allows players to put together their own strategic teams (each athlete is an NFT) and battle it out with others to get to the top of the leaderboard.
NFT-based fantasy sports include cricket, and eventually, baseball, American football, and basketball. tennis, boxing, soccer, hockey, and others are likely to be added later. Moreover, all games on the platform are integrated within the project's own DeFi metaverse.
This is called the Battle Arena. Players will be uniquely represented as avatars and can socialize, go to events, perform, and explore the metaverse. IBAT and NFT rewards are given for various outputs. This includes completing daily tasks, qualifying scores in matches and leagues, and ranking in the top 10 on the leaderboard.
Players can convert these rewards to another currency such as BUSD, BNB, and ETH for example, via Battle Swap. Battle Swap is the platform’s own DEX. It’s connected to the arena, game store (Battle Games), and market.
The Battle Market is where creators can buy and sell NFTs, mint their art pieces and advertise in the aforementioned arena. The market is also where players can trade in-game assets and buy and upgrade land, avatars, and more.
Moreover, investors of this fast growing crypto can stake IBAT tokens by heading over to the Battle Stake part of the platform. Those who believe that IBAT is the next crypto to explode can head over to PancakeSwap.
11. Lucky Block (LBLOCK) - NFT Competitions and Rewards Platform
LBLOCK, Lucky Block’s native token, is the next best cryptocurrency for those who want to earn digital rewards. The project has attained almost 50,000 followers on Twitter and frequently announces competitions on the platform.
For instance, as of the time of writing, this top penny crypto platform is giving investors the chance to complete a range of tasks for entry into a draw. This gave them the chance of winning a MacBook Pro 14. A five-star holiday and Lamborghini are other notable competition prizes.
Lucky Block is also running a competition that included $1 million worth of Bitcoin. The community, known as Lucky Block Army, can also vote on things like token burns and NFT competitions. The Lucky Block platform is hosted on the blockchain.
This offers players a fair and transparent way to take part in competitions. LBLOCK tokens can be used for buying tickets and entering competitions. Notably, there are two versions of LBLOCK. V1 is on the Binance Smart Chain, and V2 is based on Ethereum which aids the project in getting CEX listings.
V1 is still utilized for games, DEX trading, and receiving rewards. LBLOCK tokens can be purchased at Gate.io, Uniswap, LBank, and MEXC Global. The Lucky Block roadmap includes a merchandise store launch, multiple strategic partnerships, various exchange listings, game asset minting, world-building, and more.
The market capitalization of LBLOCK V1 is over $17 million, and the more recent token (V2) is valued at $2.2 million (fully diluted).
The project recently announced that LBLOCK will become deflationary when a monthly 1% burn is introduced from September 30 - instantly wiping 32.5 million tokens from the supply to increase scarcity and value.
12. 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.
13. 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.
14. 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.
15. 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 40 tokens on CoinMarketCap.
How to Find the Next Potential Cryptocurrency to Explode
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.
Investors should look for projects with doxxed (publicly revealed) teams, thorough and well-put-together roadmaps and whitepapers. Red flags to be careful of are anonymous teams, poorly or hastily put together websites and a lack of social media presence - although scammers often use bots to boost their profile.
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.
A sign of the next cryptocurrency to explode in 2023 could be increasing popularity at an early stage.
- 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
Another metric to research when searching for the next cryptocurrency to explode in 2023 is the roadmap.
For those unaware, this simply refers to what the project has planned in order to grow and stand out in the overcrowded cryptocurrency market.
- As we touched on, the ambitious move-to-earn project FightOut has a detailed roadmap (pictured below) that includes developing a market-leading fitness app and building real-world gyms that are integrated with Web3 features.
- FightOut is already scouting locations for its gyms and has outlined exactly how money raised in the presale will be spent.
- The project is also already in talks with world-class combat sports athletes and elite-level coaches to join as ambassadors - not just for marketing purposes but to provide exclusive content.
- FightOut is expecting to launch its fitness app in Q2 2023 an hopes to have a grand opening for its first gym in Q4.
Finding the roadmap of a cryptocurrency project is fairly simple and entails checking the official platform and/or its whitepaper.
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.
For instance, Dash 2 Trade's native token, D2T, will power its platform through a three-tiered monthly subscription service. Users get access to various trading tools, crypto signals and insights to help them make better decisions on trades and investments and maximize profits.
FightOut's FGHT token underpins the whole project and grants holders membership and subscription services, while another token REPS - which exists off-chain and only in the app - is used for rewards.
A cryptocurrency project's tokenomics are one of the most crucial variables in determining success.
Meta Masters Guild has an extremely limited supply of just 1 billion tokens, with 35% of those allocated to the presale - with no vesting period - and 15% for liquidity and exchanges.
The remaining supply has been divided between the ecosystem (15%), the marketplace (15%), the company reserve (10%) and the team (10%) - these tokens are vested for between 36 and 48 months.
Where to Buy Other Potential Cryptos to Boom
Here is a brief guide on how to buy $MEMAG in the MMG presale.
- Step 1 - Download crypto wallet such as MetaMask or Trust Wallet.
- Step 2 - Head to Meta Masters Guild website and click 'Connect'.
- Step 3 - Purchase ETH or USDT and transfer to wallet. Alternatively, buy ETH directly on Meta Masters Guild website via Transak.
- Step 4 - Convert ETH or USDT tokens for FGHT and decide how long to lock tokens for (longer token lock earns bonus FGHT).
- Step 5 - Claim MEMAG tokens after all stages of the presale are finished.
Below is a comprehensive review of a well-known and regulated trading platform.
This online broker offers a range of the most promising cryptocurrency assets in 2023 - many of which have been discussed on this page.
eToro - Best Crypto Exchange
More than 90+ cryptocurrencies are available at regulated brokerage eToro. As noted above, this comprises many of the potential cryptocurrencies to explode in 2023. There is a transparent and fixed fee of 1% to pay on each buy and sell order when purchasing digital currencies.
In terms of adding funds to an eToro account, US investors won’t be charged a fee, regardless of the payment method. Credit/debit cards, e-wallets, and various banking options are supported by the platform.
Any investors who either lack the experience or time to monitor the crypto market could opt to buy and sell passively via Copy Trading. Choose a candidate to mirror, allocate investing funds of $200 or more and all future positions will be reflected in the portfolio automatically.
eToro is also a social trading platform. As such, it’s possible to ‘like’ and ‘follow’ other investors. To invest in multiple crypto assets at once, allocate $500 or more to a Smart Portfolio such as Scalable-Crypto for instance.
Other markets available at eToro include ETFs, stocks, indices, commodities, and forex. ETFs and stocks are offered on a commission-free basis. eToro is registered with FINRA in the US. The platform is also regulated by ASIC, the FCA, SEC, and CySEC. The minimum investment is $10, which is also the lowest deposit amount required to open an account in the US.
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.
From our findings, we concluded that the next cryptocurrency to explode in 2023 is Meta Masters Guild.
The project raised $50,000 within 24 hours of launching its presale and has since raised more than $3 million with investors rushing to secure MEMAG tokens. Considering MMG is offering Web3's first dedicated mobile gaming platform and focusing on offering engaging games, players are likely to keep returning to this platform.
What is the most likely next cryptocurrency to explode?
We believe the next cryptocurrency to explode is Meta Masters Guild, as it has an extremely strong real-world use case and investors are already showing huge interest in its presale. Fight Out, C+Charge, RobotEra and Calvaria are also exciting projects.
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.