To all investors preparing for the next crypto bull market and wondering what’s the next big cryptocurrency to explode, look no further than this article. Price analysts have compiled a comprehensive list of the next hot crypto projects; some seem seriously undervalued.
The next big coins often produce between 10-100x returns, depending on the sector or platforms supporting them. With that in mind, this list dissects various sectors to analyze expected future price action to determine which tokens are the best crypto to invest in. Let’s take a closer look.
The Next Big Cryptos To Explode in 2024 And Beyond
Analyzed & Reviewed: Here’s How The List Was Compiled
A good cryptocurrency investment often relies on projected future demand for cutting-edge technology, which can be difficult to forecast for beginners. However, the best cryptos to invest in often share similar characteristics.
Regarding DeFi protocols, investors should look at key metrics such as total value locked (TVL). For other kinds of blockchain projects, users must be given a high-quality experience that can genuinely rival traditional, low-latency web servers.
To ensure that a cryptocurrency can attract users, it usually needs an in-built utility. Suppose a cryptocurrency has deflationary tokenomics, a projected future demand increase, and the ability to sustain any increases in demand with in-built liquidity generation. In that case, investors can be confident it will succeed over the long term.
With that in mind, this list will cover some of the hottest crypto investments on the market and detail exactly why they could be the next big crypto tokens in Web3.
1. Bitcoin Dogs (0DOG) — Revolutionizing Blockchain Gaming and NFTs
Bitcoin Dogs embarks on an innovative journey by being the first to utilize the Bitcoin blockchain for an Initial Coin Offering (ICO), introducing the 0DOG token. This project seamlessly blends the excitement of NFT collectibility with an engaging social gaming ecosystem, drawing inspiration from nostalgic virtual pet games and integrating it with the cutting-edge technology of blockchain.
With 900 million tokens minted, reflecting the estimated global dog population, Bitcoin Dogs offers a unique investment opportunity in the rapidly growing sectors of gaming and NFTs. The project stands out for its pioneering approach, leveraging the BRC-20 standard to create a vibrant community around digital pet ownership and competitive gaming. It aims to pay tribute to the legacy of Bitcoin by providing a platform that's not only entertaining but also offers significant investment potential, driven by a meticulously planned tokenomics and a rich, immersive gaming experience. Bitcoin
Dogs represents a significant step forward in the convergence of blockchain technology, gaming, and digital collectibles, promising a unique blend of fun, community, and financial opportunity.
Price Analysis
Bitcoin Dogs ventures into the crypto space with the promise of melding gaming and NFT collectibility through its innovative use of the Bitcoin blockchain. Launching with 900 million $0DOG tokens, it mirrors a creative approach to supply reflecting the global dog population.
This project's blend of an immersive gaming experience and NFT integration sets the stage for potential demand-driven price appreciation. Early investors may find lucrative opportunities as Bitcoin Dogs expands its ecosystem, leveraging the burgeoning interest in both gaming and NFT markets.
Success hinges on user engagement, compelling content, and strategic partnerships, which could significantly influence $0DOG's market performance. Assuming effective community building and platform development, Bitcoin Dogs could witness an upward price trajectory, tapping into the growing enthusiasm for blockchain-based gaming and digital collectibles.
2. Memeinator (MMTR) — A game-changing meme coin platform
Memeinator is a meme coin project that is revolutionizing the ethos for meme coins in Web3. A blockchain-based shooter game, an NFT collection, and DeFi compatibility via native token staking have all been integrated into the Memeinator platform.
During the first stages of its planned 29-stage presale, the MMTR token has raised $1.2m. The Memeinator’s development team has planned to increase the value of the token regularly throughout the presale; MMTR tokens started the presale at $0.01 and will be sold for $0.049 at the end of the presale, representing a 390% increase in value.
If that’s not exciting enough, in Meme Warfare, Memeinator’s crowning achievement, the community can obliterate overpriced meme coin mascots in a variety of creative ways. The game will be fed by Memescanner, an AI-powered web scraping tool that hunts the farthest corners of the internet, looking for weak, pathetic meme coins to feed into gameplay.
The Memeinator team is investing in several major community initiatives during the presale, too. The team will be sending one lucky presale participant into outer space through a trip on Virgin Galactic’s Spaceline. This amazing giveaway will give a Memeinator user a memory to last a lifetime as they can ride on a rocketship straight through the stratosphere.
Price analysis
The native MMTR token has deflationary tokenomics and vast in-built utility. There will only ever be 1 billion MMTR tokens created, which can help to provide sustained upward price action thanks to the attractive features being built into the Memeinator platform.
The combination of token utility and deflationary tokenomics shouldn’t be underestimated. Utility helps to provide constant demand for the MMTR token, while the cryptocurrency’s fixed supply means that new token buys provide upward momentum for the token price.
According to price analysts, MMTR could become one of the most valuable meme coins on the market over the coming years. The project has set its sights on a $1 billion market cap by the next crypto bull market, and a $1 price prediction seems achievable at this moment in time.
Since Memeinator is still in its opening presale stages, it could be one of the highest-gaining crypto assets over the coming months and years. Right now, MMTR is available for $0.0133 for a limited amount of time — this is why it claims the number one spot for the next big cryptocurrency that’s ready to conquer 2024.
3. Bitbot (BITBOT) -- Transforming Crypto Trading on Telegram
Bitbot introduces a groundbreaking concept as the first non-custodial trading bot integrated within Telegram, enabling users to manage their cryptocurrency investments with unparalleled ease and security. This innovative platform empowers traders by ensuring they retain complete control over their private keys, thereby enhancing asset security.
Developed by a seasoned team with a strong background in finance and technology, Bitbot combines the convenience of Telegram with advanced trading functionalities like sniping and copy trading. This unique integration addresses the critical need for secure, efficient, and user-friendly trading tools in the crypto space, offering a solution that caters to both novice and experienced traders.
Bitbot's commitment to non-custodial trading, coupled with its sophisticated algorithmic capabilities, positions it as a leader in the realm of cryptocurrency trading bots. It provides a compelling investment opportunity for those looking to leverage the latest in trading technology to optimize their strategies and portfolio performance, all within the familiar interface of a widely used messaging app.
Price Analysis
Bitbot redefines crypto trading with its non-custodial approach and Telegram integration, appealing to traders prioritizing security and ease of use. By enabling direct management of cryptocurrencies within a popular messaging app, Bitbot positions itself to attract a diverse user base, potentially boosting demand for the BITBOT token.
The project's foundation, laid by finance and tech veterans, adds credibility and could drive investor confidence. As Bitbot enhances its offering with unique trading functionalities like sniping and copy trading, the utility and, subsequently, the value of BITBOT tokens are expected to rise. With strategic tokenomics designed to foster scarcity through buybacks and burns, Bitbot is poised for potential price growth.
Given the increasing reliance on trading bots and the popularity of Telegram among crypto enthusiasts, Bitbot's unique proposition and commitment to security may well catalyze positive market movement in the foreseeable future.
4. Chancer (CHANCER) — The World’s First Decentralized Predictions Market
Chancer is a ground-breaking development in the online betting industry. The platform uses blockchain technology to bypass centralized bookmakers, which can help to make odds significantly fairer for bettors.
Chancer gives all the power back to gamblers, who can create their own custom bet slips with odds they’ve set themselves. It’s a fun and exciting way to change the landscape of the betting industry, as people can have more control over prediction markets than ever before.
Whether making small bets against friends and family or joining massive crowdfunded bet slips for major sporting events like the Superbowl, Chancer offers a new way to gamble. Blockchain delivers an immutable record of all bets made on the platform, which helps ensure that all bets are made accurately in the peer-to-peer predictions market.
Chancer also supports Google’s WebRTC, which allows users to collaborate around custom bets in real-time. The platform will have moderators on-hand to ensure that no user gets unrealistic odds, which negates a possible counterparty risk involved with a peer-to-peer betting platform.
All bets made on Chancer are created and settled using its native token, CHANCER. This gives the cryptocurrency innate utility on an attractive betting platform, which is a crucial reason why CHANCER is viewed as one of the next big crypto tokens in Web3.
Price Analysis
CHANCER recently launched during a highly anticipated token presale event. The native token had an initial price of just $0.01 – a price scheduled to rise to $0.021 by the end of the fundraising event.
Over time, price analysts anticipate significant returns from the early presale stages for CHANCER. This is because it solves a fundamental problem in the online betting industry, as centralized bookmakers can no longer offer betting markets with manipulated odds.
CHANCER is widely considered one of the most exciting presales of the year. Bettors from across the globe can participate in the peer-to-peer predictions market and fully customize their experience without interference from a third party with a vested interest in them losing.
Without a doubt, CHANCER could be the next hot crypto on the market. It’s scheduled to have its full launch at the end of the token presale, which will span 12 stages.
5. AltSignals (ASI) — A Game-Changing AI Trading Protocol
AltSignals is an online trading platform delivering profitable trading signals to its community since 2017. The platform supports over 50,000 crypto traders, and its original trading toolkit has an impressive track record for success.
AltAlgo™ achieved over 10,000% returns in 19 separate months for Binance Futures. Since then, AltSignals has been tinkering with the protocol to optimize further the accuracy and frequency of trading signals shared with the community.
AltSignals is now developing one of the world's most exciting AI-based trading tools. Named ActualizeAI, it uses machine learning to analyze vast amounts of market data before providing accurate trading signals in the cryptocurrency markets.
To mark the release of ActualizeAI, AltSignals has launched a native token called ASI. ASI is considered one of the most promising digital assets to hit the markets in recent times, as it represents a ground-breaking AI protocol that can help traders of all skill levels make a profit.
Price Analysis
The ASI token presale has been a significant success, with investors across Web3 joining the movement. The presale continues and will see the price of ASI rise from $0.012 to $0.02274 across five investment rounds before it’s released on digital asset exchanges.
ASI should grow substantially in value because it represents a fast-growing ecosystem of helpful trading tools and one of the most advanced AI protocols for online trading.
JP Morgan studied the utility of algorithmic trading tools and concluded that over 60% of trades worth $10 million or more are executed using AI. AltSignals’ new AI-powered trading stack looks set to take over the crypto markets, which could provide immense buy pressure for ASI over the coming years. Don’t miss out on the chance to join the AI revolution in the exciting ASI presale—now on!
6. Metacade (MCADE) — The Largest On-Chain Arcade
Metacade is the first community driven blockchain arcade. It will offer a more extensive collection of play-to-earn arcade games than anywhere else. The project recently announced the development of the first arcade title to be released on the platform, Rune Realms Clash, which has sparked massive excitement among Metacaders.
The MCADE token closed out its presale with over $16 million raised. It’s widely considered one of the best new GameFi projects to be released in 2023, as it offers several attractive features that have functionality beyond the metaverse arcade.
Metacade will become a central hub for blockchain users over time. The project takes the play-to-earn mechanic one step further and offers integrated earning potential for blockchain professionals and gamers.
The Create2Earn feature will reward content creators for sharing alpha on the platform, as well as for posting game reviews and sharing the latest information about blockchain gaming. Metacade’s Work2Earn feature, meanwhile, will advertise open roles at fast-growing start-ups within the world of Web3.
On balance, Metacade is a comprehensive GameFi experience that has so far gained significant momentum in the space. The MCADE token has been available on leading digital asset exchanges, including Bitmart and MEXC, since the end of the token presale.
Price Analysis
Without a doubt, Metacade could be the next hot crypto in the GameFi sector, as it will offer a massive selection of games that each has earning potential for players. MCADE’s full token launch saw explosive price action, which many believe is a sign of more.
MCADE skyrocketed over 300% in a matter of weeks during April, which is directly after the token’s IDO. This marked the beginning of what presale investors expect to be a long and fruitful journey in Web3 for Metacade.
Russell Bennet, Metacade’s CEO, highlighted that the project was intentionally launched during a bear market to maximize the upside potential for the MCADE token over the coming years. Price analysts have highlighted key areas of resistance at $0.20 and $0.40, with MCADE having the potential for up to 50x gains during the next crypto bull market.
7. Aptos (APT) — A Streamlined Layer-1 Blockchain
Aptos (APT) is a blockchain-based solution that enables the creation of decentralized applications across various industries. One key advantage of Aptos is its ability to support large-scale businesses, as it offers high availability and scalability for enterprise-level applications.
The Aptos platform offers advanced security features, making it a promising solution for companies looking to incorporate blockchain technology into their operations. With the potential to revolutionize how businesses operate online, Aptos is poised to become a significant player in the blockchain space.
Aptos (APT) can provide secure, efficient, cost-effective payment solutions for decentralized applications. Unlike traditional payment systems often involving intermediaries and high fees, Aptos ensures direct and transparent payments, facilitating faster and more convenient business settlements.
Using smart contracts and blockchain technology, Aptos enhances trust and minimizes fraud. This makes it a dependable platform for developers seeking to launch on-chain services. As the world moves towards a more decentralized and digitally-driven economy, Aptos could become one of the most widely-used networks of its kind.
Price Analysis
The Aptos native token, APT, rose over 20x from its IDO price in October 2022 to its all-time high in January 2023. The token’s rapid rise is a testament to solid backing from institutional investors and bullish price action across the crypto markets at the beginning of 2023.
For many in the space, there is plenty more to come from APT. The token has fallen from its all-time high to the 0.382 level on the Fibonacci retracement tool and may be preparing for further downside. Price analysts suggest that the APT low could be at a similar level to its 2023 price, $3.20, as this marks the 0.618 retracement.
As with most cryptocurrencies in Web3, APT price action will align with the rest of the market. If Bitcoin retraces back to the low-$20,000s, then APT is likely to see some more drawdown. However, the 0.382 support could prove strong.
What Are The Other Things to Consider When Investing in Cryptocurrency?
“Never invest more than you can afford to lose” – A timeless lesson for crypto investors
With the meme coin craze newly complete, it’s as clear as ever that many projects are not planning on providing any utility for investors. Crypto users seeking to make a profit over the long term need to research the specific value proposition of each project before they get involved – and even then, they should not invest more than they’re comfortable with losing.
Blockchain is a highly experimental technology. Some use cases have proven global demand, including DeFi, cross-border settlements, gaming, and digital ownership. Regarding custom blockchain solutions in other sectors, investors should be aware that purchases may see negative returns over a long enough timeframe.
Define Your Tolerance For Risk And Create a Strategy That Meets Your Needs
Despite the apparent risks of investing in cryptocurrency, the space has exciting opportunities for all. It’s a true wild west in the digital age, with easy access to cutting-edge technologies such as virtual reality, artificial intelligence, and decentralized finance.
While this is true, investors should consider their risk tolerance. Some projects have a greater risk-to-return ratio (R: R) than others due to several factors.
Some investors will trade small-cap cryptocurrencies in the short term and hold more established coins for the long term. Others will try to uncover tokens with 100x potential from their early stages, which can produce life-changing gains if successful.
Utility & Demand: Two Sides of The Same Crypto Coin
“Utility” is a buzzword in Web3. While many crypto projects are criticized for releasing a token without a well-defined roadmap, other cryptocurrencies have embedded demand thanks to them being fundamental to attractive digital ecosystems.
Ethereum is a prime example of a utility token that has endless demand. Some more examples from this list include Chancer and AltSignals, each with a native token that can supercharge an in-demand blockchain solution.
Conclusion — What is The Best Crypto to Buy Now in 2024?
As we move into 2024, the cryptocurrency market is ripe with groundbreaking projects that promise to redefine the digital landscape. Leading the charge, Bitcoin Dogs (0DOG) marks a significant milestone as the first ICO on the Bitcoin blockchain. With its fusion of NFT collectibility and a gaming ecosystem inspired by classic virtual pet games, Bitcoin Dogs offers a pioneering blend of fun, community, and investment potential. This project not only celebrates the legacy of Bitcoin but also ventures into new realms of blockchain innovation with its engaging platform and strategic tokenomics.
Joining these exciting ventures, Memeinator (MMTR) sets a vibrant pace with its presale launch, poised to create significant momentum with its unique approach to meme coin culture.
Bitbot transforms the trading landscape with its non-custodial bot on Telegram, merging security with convenience for an unparalleled trading experience. Developed by experts in finance and technology, Bitbot's advanced features, such as sniping and copy trading, cater to a broad audience, promising a unique solution for optimizing trading strategies within the widely used messaging app.
Chancer promises a novel peer-to-peer betting platform, eliminating traditional barriers to create a fairer betting ecosystem.
These projects, each with their distinct value propositions and innovative approaches, stand out in the ever-evolving world of blockchain technology. As they gear up for their full launches and continue to develop their platforms, early backers are optimistic about the potential for significant returns ahead of the next crypto bull market. The combined promise of Bitcoin Dogs, Memeinator, Bitbot, and Chancer highlights a dynamic and diverse future for cryptocurrency investments in 2024 and beyond.
Disclaimer: Insights provided by crypto industry players and is not a part of the editorial content of BanklessTimes.
