This article was paid for*
Amid the 2024 crypto bull run that has seen Bitcoin hit a new all-time high, many of the top altcoins have exploded as well. While some have already reached ATHs of their own, such as Pepe and Fetch.ai, others are lagging behind but predicted to explode this year – e.g. Shiba Inu.
New low market cap coins have also exploded onto the market, and crypto presales are back in vogue – with some Solana meme token presales exploding in valuation once they hit exchanges. This article contains a mix of both old and new projects for your watchlist that could rank among the next cryptocurrencies to explode over the next quarter.
Next Crypto To Explode – Top Picks
Dogecoin20 (DOGE20)
The first on the list is Dogecoin20 (DOGE20). This is a brand-new Ethereum-based meme coin that was inspired by Dogecoin (DOGE), the original meme coin from 2013, and one of the largest cryptos by market cap.
Right now, DOGE20 is still in presale, selling for $0.00022 right now. So far, it has raised over 10 million, and it is expected to launch on Doge Day — April 20th. As such, this is the last chance for interested investors to buy it.
To date, the project has over 8,500 followers on X, with more likely to come in the meantime. The idea behind the project is to provide a more rewarding and eco-friendly version of Dogecoin. The project believes that this is the key to a more sustainable future.
Apart from being an Ethereum-based token, DOGE20 differs from the original in a few other ways. For example, it allows users to stake its tokens and receive rewards, plus it has a limited supply, capped at 140 billion. This resolved Dogecoin’s inflation issue. According to the project’s tokenomics, 25% of the supply was made available in the presale, 25% was allocated to marketing, and another 25% went to the project’s treasury.
Of the remaining 25%, 15% is used for staking rewards, and the last 10% will go to exchanges to provide liquidity.
5thScape (5SCAPE)
Next up, we have 5thScape (5SCAPE). This is a unique project that acts as the world’s first AR and VR ecosystem, seeking to ‘connect the smartest minds together.’ The project, which is also still in presale, aims to act as the gateway to the next big thing of this decade, which is perceived to be augmented and virtual realities.
As mentioned, the project is still in presale, which is currently in the third stage. Right now, its 5SCAPE token sells for $0.00248, although it will continue to see price increases until it reaches its listing price of $0.01. That means that anyone who joins in now will see a 303.23% price increase at the moment of listing alone, plus any further price surge that comes due to demand post-launch.
The project’s goal is to unlock the limitless potential of the virtual realm, where immersive experiences have the freedom to redefine boundaries, and reshape entertainment and education as we know them. On top of that, it allows users to experience a hyper-realistic game world and dive into an array of gaming experiences. That can include things like precision archery or high-speed racing. Adrenaline-pumping battles, or immersive sports.
Simply put, the project can offer access to a realm of heightened experiences, which attracted many, and allowed it to raise over $2.6 million already.
Slothana (SLOTH)
In the third spot, we have Slothana (SLOTH), which is a brand-new meme coin that emerged on Solana’s blockchain. The project encourages users to join and send SOL to a specific contract address listed on its platform. After that, the upcoming airdrop will reward them with tokens.
According to the project, each SOL token will grant the buyers 10,000 SLOTH tokens, and so far, its campaign has managed to raise over $655k.
There is little more to be said about the project, as it has not offered too many details as of yet. As of the time of writing, it is just short of 500 followers on X, with a single post that says: “Tired of the 9-5? So is Slothana! Our office sloth is ready to ditch the daily grind and embrace the world of crypto trading. No more getting high on herb, just high on profits! Send SOL to help our sloth go from 420 couch surfer to $420m crypto chad!”
One thing worth noting, however, is that the project was apparently praised by several other trusted and beloved meme coins, such as Smog and Wall Street Memes, both of which are quite popular.
eTukTuk (TUK)
Up next, we have another popular project that is still in the presale stage, known as eTukTuk (TUK). As the name suggests, this project is all about a sustainable transport solution that is expected to revolutionize transportation in developing nations and, ultimately, maybe even worldwide.
On top of that, it is powered by Artificial Technology (AI), seeking to build the charging infrastructure of tomorrow. The project combines electric TukTuks with AI and blockchain, making use of convenient vehicles and emerging technologies to provide something truly unique.
So far, its presale has managed to raise over $2.5 million with its token TUK currently selling for $0.029 per unit. Furthermore, the project also allows token holders to stake their TUK tokens for 104% annual rewards. Staking is available as soon as the tokens are bought, so you can start your staking journey even before the official launch.
On top of everything mentioned so far, eTukTuk also has a Play-to-Earn game based on the flagship eTukTuk vehicle that allows users to ‘whiz round the streets of Sri Lanka whilst picking up and dropping of customers who need to be somewhere fast.’ So, if you are a fan of taxi simulation-like games that let you earn, this might be a game to try out.
Smog (SMOG)
Halfway down the list, we have another Solana-based project called Smog (SMOG). This is a meme coin based on dragons, which saw great popularity, given that 2024 is the Year of the Dragon.
Unlike our previous entries, SMOG is done with its presale, and is currently live, selling for $0.18 on several markets, including Raydium and Jupiter. However, the project is also planning to hold an airdrop in the near future, and it claims that this will be ‘The Greatest Solana airdrop of all time.’
To become eligible, users need to buy and stake SMOG tokens, which will grant them XP. The more XP they collect, the more tokens they are set to receive in the airdrop. To further incentivize the buyers, SMOG is also offering its tokens with a 10% discount right now. However, potential buyers need to act fast, as Airdrop Season One ends in 7 days from the moment of writing, meaning that it will happen in early April.
Smog’s total supply sits at 1.4 billion tokens, and 35% of this amount was set aside for the airdrop. It is also worth noting that the token is available on Uniswap as well, since Smog is a multichain asset that runs on Solana, Ethereum, and it might potentially reach more blockchains in the future.
Bitcoin Minetrix (BTCMTX)
The sixth on the list is Bitcoin Minetrix (BTCMTX), a project that has been in presale for several months now, starting in 2023. This is a cloud mining project that lets you mine BTC without having to buy thousands of dollars worth of equipment, or pay massive electricity bills.
Instead, all that users need to do is purchase its native token, BTCMTX, stake it, and receive credits that will then allow them to receive BTC rewards, as the project does the mining itself.
Bitcoin Minetrix points out that Bitcoin mined in 2013 has seen a massive 27,300 price increase over the course of the next 10 years. This means that the coins mined right now could see similar, or even greater growth, now that Bitcoin is known far and wide, and is seeing rapid adoption.
It is also aware that users may be skeptical of cloud miners due to all the fraudulent projects of the past, which is why it Bitcoin Minetrix was designed to be fully transparent and decentralized. So far, its approach worked, and the project’s presale managed to raise over $12.6 million as of the time of writing, while BTCMTX currently sells for $0.0143.
With its launch soon to come, this might be the last chance to join the presale and mine BTC before the halving takes place in a few weeks.
Shiba Inu (SHIB)
In the seventh place, we have Shiba Inu (SHIB) — a cryptocurrency that needs little introduction at this point. Launched back in late 2020, SHIB is one of the biggest and most popular meme coins around, second only to DOGE itself.
Of course, this wasn’t always the case, as SHIB — currently ranking as the 11th largest crypto by market cap which sits at $17.9 billion and a price of $0.0000305 — managed to overthrow DOGE once in the past, albeit for a brief period. Still, the coin has shown that it has potential, and it might do it again at some point in the future.
Shiba Inu has a well-developed and still growing ecosystem that consists of three cryptocurrencies — SHIB, its key token that embodies a global, decentralized, community-driven crypto; BONE, which acts as its governance token; and LEASH, which is limited to 107,646 units, and grants special benefits to the ecosystem’s loyalists.
Apart from that, it has its own DEX, Shibaswap; its NFT collection, The Shiboshis; and its L2 blockchain, Shibarium.
Shiba Inu is the second-largest meme coin, and a crypto believed to be a ‘DOGE Killer,’ meaning that it might overtake the older meme coin in the future. Whether that will be in Q2 2024 or later down the line remains to be seen, but it is worth considering.
Fetch.ai (FET)
Moving on, we have Fetch.ai (FET), which is another cryptocurrency that has been around for a few years now. Launched in 2019m Fetch.AI is a project that allows users to build, deploy, and monetize AI services, apps, marketplaces, and integrations. It offers an open platform for the new AI economy, allowing developers to transform legacy systems into something more AI-friendly.
At the time of writing, FET sits as the 51st largest crypto by market cap, which is currently at $2.7 billion. Meanwhile, the token’s price sits at $3.31 as of the time of writing, which is actually its all-time high. In other words, you don’t need to wait for Q2 2024 to find this token at its peak, as it is there right now.
The question is, how much further can it go?
Fetch.AI is an interesting project that is the embodiment of the current emerging technologies. It is an AI lab building an open, permissionless, decentralized machine learning network with a crypto economy. As such, it stands to democratize access to AI tech, using a permissionless network that allows anyone to connect and access secure datasets by using AI to execute tasks.
While more technical in nature than others, this project is a dream of forward-looking developers, and its performance shows it.
Sui (SUI)
Nearing the end of the list, we have Sui (SUI), which ranks only three places below Fetch.AI, as the 54th largest crypto by market cap. Its market cap sits at $2.43 billion at the time of writing, while its price is at $1.97 — only slightly under its ATH of $2.08, achieved roughly eight hours earlier.
In other words, this is another crypto that is currently at the top of its game, and one of the industry’s top performers right now.
Sui is an L1 blockchain platform designed to support the needs of global adoption. It does this by offering a powerful, secure, scalable development platform that allows users to experience the benefits of Web3 with the ease associated with Web2.
It offers a scalable infrastructure that is fast, secure, and affordable. On top of that, it is also simpler, as it requires less code to achieve greater security.
Sui is a project that intends to deliver on the promises made by Web3 and remove untrustworthy intermediaries while giving control back to the people. The idea is to allow people to realize the full value of the Internet, and use it for their benefit. This is why it was created, and this is what it has been working on since its launch, almost a year ago now.
Book of Meme (BOME)
Finally, the last on the list is Book of Meme (BOME). This is another meme coin project that differs from the others of its kind in a way that it is an experimental project, whose goal is to redefine the Web3 culture.
BOME went live earlier this month, with a price of $0.0128 as of the time of writing. However, its ATH is considerably higher, sitting at $0.02805, reached on March 16. Even so, the token has a market cap of $706.7 million, which puts it at the position of the 128th-largest crypto by market cap.
Book of Meme’s idea is to encapsulate the constantly-evolving meme culture in a digital compendium which is the Book of Meme. As such, each meme is meant to be stored on the blockchain, thus ensuring that they will be immortalized and forever remembered as part of the internet culture and its constant evolution.
While this is quite a task, the project also announced the arrival of numerous useful tools later down the line, which might start appearing just in time to help it see a considerable increase in Q2 2024.
At the very least, this was one of the most popular meme coin presales of the year, which alone makes it worth paying attention to in days, weeks, and months to come.
Conclusion
With that, we conclude our list of the next cryptos to explode in the next quarter and beyond. While it is important to remember that there is no guarantee that these cryptos will go up in value, there are reasons to believe that they might outperform in the near future. They all have loyal and ever-growing communities, and they revolve around technologies and ideas that are major trends right now, such as meme coins and AI.
In other words, while no one can claim with certainty that they will explode in Q2, there is a high likelihood that they will do well. With that being the case, they are at the very least worth keeping a close eye on.
*Cryptonomist did not write the article or test the platform.
