News release by Finance News
New York, NY | May 11, 2023 08:09 AM Eastern Daylight Time
Looking for the next big cryptocurrency to target investment gains of 50x or more? This article explores the next crypto to explode in 2023.
Read on to discover undervalued coins to buy before the next crypto bull run.
Next Cryptocurrencies to Explode in 2023
Listed below are ten projects that could be the next cryptocurrencies to boom:
AiDoge - AI Generation Tool Creating Unique and Engaging Memes, Presale Has Raised Over $5.5m
NoMeme - New Meme Coin Launched After Elon Musk Tweet that Rocketed 700% in 90 minutes
$SPONGE - New Meme Token Already Exploding in Popularity After 2,000% Rise
yPredict - Make Smart Crypto Trading Decisions via AI Predictive Models, Token Now on Presale
Ecoterra - Tokenized Rewards That Incentivize People to Recycle, Over $3m Raised
Deelance - Decentralizing the Global Freelancing Industry Through the Blockchain
Launchpad XYZ - Exclusive Access to Web3 Investments via a User-Friendly Dashboard
PancakeSwap - Utility Token of the World’s Largest BSC Decentralized Exchange
Basic Attention Token - Earn Rewards for Viewing Ads on the Privacy-Focused Brave Browser
Yearn.finance - Growing DeFi Ecosystem With One of the Most Scarce Token Supplies
1. AiDoge - AI Generation Tool Creating Unique and Engaging Memes, Over $5.5m Raised so Far
New crypto presale project AiDoge could be the next crypto to blow up as it is capitalizing on the rapid growth of artificial intelligence (AI) and machine learning (ML). Its primary product uses these emerging technologies to generate memes - users no longer need to spend hours developing their own memes, as AiDoge offers an automated solution.
Users will enter the text-based prompts that summarizes the meme they wish to build, which might be related to a feeling, event, or trending topic. Either way, AiDoge takes just seconds to generate the user's meme and, most importantly, all AiDoge memes are unique.
In turn, social media will no longer be oversaturated with the same meme images that continue to resurface but with different text. AiDoge is backed by a proprietary crypto coin - $AI. The $AI token serves a specific use case within the AiDoge ecosystem and are are required to use the AiDoge meme tool.
This means that users will buy $AI tokens to produce memes, thus creating increased demand. We also like that AiDoge offers an additional service to users - NFT ownership. Put simply, users can choose to have their unique memes backed by an NFT. In doing so, the blockchain stores and verifies ownership of the meme.
Another feature of AiDoge is that users are incentivized to create engaging memes that have the potential to go viral. This is because AiDoge is launching a public wall that contains the most popular memes, with users able to upvote the best and downvote the worst, with the best memes earning the creator $AI token rewards.
Looking to buy $AI tokens today at the best price possible? The AiDoge presale offers early investors the lowest price possible with each presale batch that is sold increasing the price. Right now, AiDoge is offering $AI tokens at just $0.0000292 - an 15% discount from the final stage price of $0.0000336.
The presale has already raised around $5.6 million in investment in just two weeks since its launch, showing its huge potential ahead of the next bull run.
Visit AiDoge Presale
2. NoMeme - New Meme Coin Launched After Elon Musk Tweet that Rocketed 700% in 90 minutes
NoMeme is a brand new straight-to-DEX meme token that was launched after Elon Musk tweeted a MiLady NFT image.
Based on Musk’s caption - ‘There is No Meme… I Love You’ - $NOMEME tokens quickly exploded in price and pumped by 700% within 90 minutes of launching.
It is unknown if Musk is a backer of the token or the NFT collection, but the latter also rocketed in price after his Tweet, with the floor price over 5 ETH at the time of writing - a 54% increase.
The Tesla and Twitter CEO is a well-known pusher of meme coins, with the 2021 success of Dogecoin and partially based on Musk’s high-profile support.
The developers of NoMeme are unknown, but it was launched less than three hours after the Tweet, showing the rapid agility of the crypto space to react to the latest hot trends.
$NOMEME quickly became the No 1 top trending coin on leading exchange Crypto.com as it quickly raced to kill a zero and trade at $0.0010.
Another MiLady token - MiLady Meme Coin - also quickly took advantage of the potential of Musk’s post, which has been viewed almost 20 million times, and is up around 5,000%.
$NOMEME could yet post similar returns in the coming hours and days.
Visit NoMeme Token Website
3. $SPONGE - New Meme Token Exploding in Popularity After 2,000% Pump
$SPONGE is already exploding since it launched in early May and has become one of the top performing coins in the whole crypto space.
The meme coin project is competing with Pepe as the hottest token in crypto with $SPONGE now up more than 1,000% since going live straight-to-DEX.
$SPONGE trading volume has topped $100 million 24-hour trading volume and has beat Pepe to a number of important milestones.
Its first CEX listing came after just 48 hours - Pepe took three weeks - and it is now listed on LBank, CoinW and Toobit, with MEXC announcing it will list $SPONGE from May 11.
According to CoinGecko, MEXC is one of the top exchanges in crypto with a trust score of 9/10 and daily volume of more than $750 million - $SPONGE is expected to list on at least two more exchanges imminently and is also working towards a Binance listing.
The price of Pepe exploded after it reached crypto’s largest exchange and investors who missed an opportunity on the token may not want to miss out on $SPONGE, which still has huge growth potential.
$SPONGE is seeing increased activity on social media, with around 10,000 new Twitter followers joining daily, and has already attracted multiple whales with huge six-figure purchases unveiled.
Despite it’s incredible early performance, $SPONGE still has fewer than 10,000 holders and a market cap of just $15 million - more than 40x below Pepe, which is now at around $630 million after briefly breaking $1 billion.
Visit $SPONGE
4. yPredict - Make Smart Crypto Trading Decisions via AI Predictive Models, Token Now in Presale
While AI predictive models have been used by hedge funds for several decades, yPredict is bringing this phenomenon to casual traders. yPredict has built an all-in-one ecosystem that provides AI-driven data to the masses. This means casual traders can now access unparalleled market insights and models to make smart trading decisions.
For instance, the yPredict dashboard provides real-time signals on chart and candlestick patterns. Covering bullish and bearish trends, this gives users a reliability score based on current and historical data. In addition, yPredict provides trading suggestions based on its AI findings.
This covers the required entry and exit order prices for the respective crypto. yPredict has also developed a marketplace, enabling data scientists to sell their models. Each model must go through a pre-vetting phase before it can be sold. This involves the yPredict DAO testing the model to ensure it is fit for purpose.
Moreover, yPredict AI models transparently display prior trading results. This ensures that buyers know exactly how the model has performed to date. To access these features - as well as AI-driven sentiment and technical analysis, users will need YPRED.
This is the native utility and investment token of the project. YPRED operates on the Polygon blockchain and is currently in presale. The presale is now in stage four, having raised nearly $900,000. Those buying YPRED today will pay $0.05 but the price will be 140% higher when it lists for $0.12
Visit yPredict Presale
5. Ecoterra - Tokenized Rewards That Incentivize People to Recycle, Over $3m Raised so Far
Looking for the next big crypto in the sustainability market? Ecoterra has developed an ecosystem that rewards people for recycling. It has built a network of reverse vending machines (RVMs) that connect to its native app. Users will visit an Ecoterra RVM, use the app to scan the recycled items and deposit them.
The app will recognize the deposit and reward the user with ECOTERRA tokens. This is the in-app rewards currency that will motivate the masses to recycle. Ecoterra RVMs support many goods, including cans, plastics, and unwanted tech.
Additionally, Ecoterra is also targeting the business-to-business sector. It has developed a marketplace that enables companies to purchase recycled materials at the best price possible. In addition to other cryptocurrencies and fiat money, recycled materials can be purchased with ECOTERRA. Another use case for ECOTERRA tokens is its impact profile feature.
This enables individuals and companies to showcase their sustainability practices. In addition to recycling goods and buying recycled materials, the impact profile also covers carbon offsettings. The latter is achieved through a VERRA partnership, where users can buy carbon offsets with ECOTERRA tokens.
ECOTERRA is also the investment token of this innovative project. The presale is well underway, with more than $3.45 million raised. There are still discounted prices available for investors. Currently, ECOTERRA is listed at a presale price of $0.007 but will be listed on exchanges at $0.01 once the presale ends, a 43% increase.
Visit Ecoterra Presale
6. Deelance - Decentralizing the Global Freelancing Industry Through the Blockchain
Another industry primed for a sea change is the freelancing space and Deelance could be the next crypto to explode because of it. Deelance is creating an all-in-one platform that decentralizes freelancing services. This means freelancers can work in the gig economy without going through third parties.
In its current form, centralized freelancing platforms have many issues. For instance, freelancers need to wait several days before they are paid. Moreover, freelancers are charged unreasonable fees on their earnings. This is up to 20% at places like Fiverr and Upwork. In contrast, Deelance ensures that freelancers are paid instantly and without excessive fees.
This is because all payments are made in cryptocurrencies. Not only popular coins but also DLANCE - the native token backing Deelance. As an ERC-20 token, freelancers are paid near-instantly after the work is confirmed by clients. Furthermore, the process is automated via smart contracts, and transaction charges mirror GAS fees.
Deelance is also beneficial to clients and recruiters. Not only in terms of reduced fees and friction but ownership of the work being purchased. This is because the work is backed by NFTs on the Ethereum blockchain. In this regard, Deelance clients can alleviate copyright risks. Additionally, Deelance is building a metaverse.
This will enable freelancers, clients, and recruiters to collaborate in a decentralized and virtual world. Users can even buy virtual offices in the Deelance metaverse. This also provides an opportunity for passive income, as office spaces can be rented to others.
To invest in this project, which has so far raised more than $800k, DLANCE tokens are currently priced at just $0.033 each, a huge discount considering that DLANCE will be available for $0.048 in the final stage.
Visit Deelance Presale
7. Launchpad XYZ - Exclusive Access to Web3 Investments via a User-Friendly Dashboard
Launchpad XYZ is a consumer-focused project simplifying Web3 investments and navigating the crypto space. This new blockchain startup provides a simple dashboard that enables investors to make informed decisions. For example, Launchpad XYZ provides real-time sentiment and insights on hundreds of crypto coins. It also provides a risk and reward score on selected tokens.
These metrics enable investors to streamline the crypto analysis process. What’s more, Launchpad XYZ offers direct access to various Web3 assets via a single hub. This includes access to private sale presales, otherwise reserved for institutional investors. Launchpad XYZ users can also be whitelisted for new NFT mints and fractional asset ownership.
The latter tokenizes stores of value like real estate. For example, a $10 million hotel development could be tokenized into $100 units. Launchpad XYZ is also building a decentralized exchange (DEX). This will enable traders to buy and sell hundreds of tokens via liquidity pools. The DEX will also support NFT trading.
Another reason why Launchpad XYZ could be the next best cryptocurrency to explode is the project has solid tokenomics. While some features are available to everyone, others are reserved for premium members. This requires users to stake LPX, Launchpad XYZ’s native crypto token. The minimum number of staked tokens depends on the premium feature.
For example, users will receive a $500 allocation on private round presales for every 25,000 LPX staked. Not only does this incentivize users to buy LPX, but they cannot be sold while the tokens are staked. LPX tokens can now be purchased via the Launchpad XYZ presale. Currently, LPX is priced at $0.035.
LPX will be listed on an exchange after the presale at $0.07 and, therefore, investing today offers a generous upside of 100%.
Visit Launchpad XYZ Presale
8. PancakeSwap - Utility Token of the World’s Largest BSC Decentralized Exchange
To add stability to the investment portfolio, it is also worth considering a more established crypto like PancakeSwap. Launched in 2020, PancakeSwap is the world’s largest DEX for trading and investing in Binance Smart Chain (BSC) tokens. It enables users to swap thousands of BSC tokens without creating an account.
Fees are competitive, and trades are executed by smart contracts. Additionally, PancakeSwap also supports decentralized finance (DeFi) tools. This includes staking and yield farming pools with competitive interest rates. PancakeSwap is also popular for its lotteries and trading competitions.
To illustrate PancakeSwap’s popularity with DEX traders, more than 18 million positions have been executed in the prior month. Plus, over $2.5 billion is currently being staked on the platform. PancakeSwap also has a native utility token - CAKE. This crypto token can be used to amplify DeFi earnings, invest in new BSC startups, and enter lotteries.
9. Basic Attention Token - Earn Rewards for Viewing Ads on the Privacy-Focused Brave Browser
Basic Attention Token is a low-cap cryptocurrency project founded in 2017. This project is behind the Brave web browser, enabling users to surf the web in privacy. Not only that but Brave rewards users when viewing ads. Basic Attention Token has created a blockchain-based framework to ensure that ads are relevant to individual users.
Rewards are paid in the project’s native token, BAT. The rewards-based system is not compulsory, as users can switch this on and off when needed. Basic Attention Token claims to have over 55 million monthly active users. This is in addition to 1.5 million merchants now accepting BAT as payment.
Currently, BAT has a market capitalization of nearly $320 million. This is just a fraction of its 2021 valuation of over $2 billion. This may, however, appeal to investors looking for a bear market discount. After all, Basic Attention has previously performed well in bull market conditions, so current pricing offers a great entry point.
10. Yearn.finance - Growing DeFi Ecosystem With One of the Most Scarce Token Supplies
Yearn.finance aims to simplify the DeFi landscape for both beginners and experienced investors alike. Its user-friendly dashboard aggregates yields from external farming pools. This means that investors can secure some of the best APYs in the market.
For instance, Yearn.finance currently offers staking yields of 4.95% and 2.11% on Ethereum and Dai, respectively. These are flexible DeFi pools backed by smart contracts. This ensures that investors can avoid needing to trust centralized platforms. Yearn.finance is also popular for its finite token supply.
Just 36,666 YFI tokens were created; almost 100% of this figure is in circulation. This makes YFI one of the most valuable cryptocurrencies to buy. Currently, investors will pay over $7,000 per YFI. But this is just a fraction of its former high of over $80,000. Yearn.finance has a market capitalization of just under $245 million, offering investors plenty of upside to target.
Conclusion
Finding the next crypto to explode is no easy feat. But by considering some of the projects discussed today, investors can gain exposure to multiple niches and emerging markets.
NoMeme and $SPONGE are two newly launched meme coins that are already exploding in price and taking advantage of the meme coin frenzy, with more gains expected in the coming days and weeks.
We particularly like AiDoge - a blockchain startup that has developed an AI-powered meme generation tool. Backed by artificial intelligence and machine learning, AIDoge is a meme token with utility as it automates the meme-creation process and allows users to earn rewards for the best memes.
Investors can buy its native token, $AI via the ongoing presale which has already raised around $5.6 million in just two weeks. Early investors can also secure preferential pricing with an immediate upside, with the price of $AI to rise through 20 presale stages before listing on exchanges.
Visit AiDoge Presale
DISCLAIMER: This is not to be taken as investment advice. Crypto is a volatile asset, do your own research before investing and only invest money you can afford to lose. We may receive commission for clicking links in this article.
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Alex Brown
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