2024

Bitcoin

Sponge

Moonbeam

<p>The post <a href="https://coinpedia.org/press-release/8-cryptocurrencies-that-could-explode-next-in-2024/" rel="noopener noreferrer nofollow">8 Cryptocurrencies That Could Explode Next in 2024</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>The cryptocurrency market has been a whirlwind of activity this year, with the lows of January followed by this week’s peak.</p>
<p>While predicting the next market winner is always risky, smart investors keep a close eye on emerging projects with exciting long-term potential.</p>
<p>In this article, we delve into 8 cryptocurrencies that could see explosive growth in 2024 thanks to their unique use cases and growing online communities.</p>
<h2 class="wp-block-heading" id="h-1-sponge-v2-spongev2">1. Sponge V2 (SPONGEV2)</h2>
<p><a href="https://bs_adf8ea60.pierslap.care/?referrer=8-cryptocurrencies-that-could-explode-next-in-2024" target="_blank" rel="noopener noreferrer nofollow">Sponge V2 (SPONGEV2)</a> is the first entry on our list, looking to shake up the meme coin space with its focus on staking and play-to-earn (P2E) integration.</p>
<p>This hilarious project is hosted on Polygon and has generated enormous traction in recent weeks – with SPONGEV2’s value up a whopping 124%.</p>
<p>There are now<a href="https://www.dextools.io/app/en/polygon/pair-explorer/0xa01f64fa1b923dd9c5c7618b39a6ba8098a88863?t=1708682696275" target="_blank" rel="noopener noreferrer nofollow"> more than 50,000 SPONGEV2 holders</a>, with the token boasting a fully diluted market cap of $187 million.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/2mCbbvcT739QSHfDEs-4UM4Y9QZy6TSwNOdlwAR-g1KAcghTooPqzwyt5bjlV4aB-X1e3ycKmH55iIiWcU1l7sSHIJPaCvyTvaQ2VvYaPtH75X-cFl0iyKMRT-EZDtyiH4IyVeSKM0K7Hy0i9YDPb3c" alt="sponge">
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<p>Much of the buzz around SPONGEV2 stems from the project’s stellar roadmap, which includes the launch of a racing-themed crypto game and high-profile influencer partnerships.</p>
<p>Interested investors can<a href="https://bs_adf8ea60.pierslap.care/?referrer=8-cryptocurrencies-that-could-explode-next-in-2024" target="_blank" rel="noopener noreferrer nofollow"> buy SPONGEV2 tokens</a> using the widget at sponge.vip.</p>
<h2 class="wp-block-heading" id="h-2-bitcoin-minetrix-btcmtx">2. Bitcoin Minetrix (BTCMTX)</h2>
<p>Next up is<a href="https://coinpedia.care/b_btcmtx_43644?referrer=8-cryptocurrencies-that-could-explode-next-in-2024" target="_blank" rel="noopener noreferrer nofollow"> Bitcoin Minetrix (BTCMTX)</a>, offering a novel approach to Bitcoin mining.</p>
<p>Through the Stake-to-Mine feature, Bitcoin Minetrix’s team is targeting greater accessibility and sustainability while allowing BTCMTX holders to generate high yields.</p>
<p>Staking yields are currently set at 60% per year – and<a href="https://bitcoinminetrix.com/en/dashboard" target="_blank" rel="noopener noreferrer nofollow"> almost 700 million BTCMTX</a> tokens have been locked up already.</p>
<p>Although the platform hasn’t yet officially launched, Bitcoin Minetrix is in the process of raising funds through a limited-time presale event.</p>
<p>Investors can<a href="https://coinpedia.care/b_btcmtx_43644?referrer=8-cryptocurrencies-that-could-explode-next-in-2024" target="_blank" rel="noopener noreferrer nofollow"> buy BTCMTX tokens</a> through the presale for just $0.0136 using ETH, USDT, or a credit/debit card.</p>
<h2 class="wp-block-heading" id="h-3-meme-kombat-mk">3. Meme Kombat (MK)</h2>
<p>Another crypto that could explode in 2024 is<a href="https://coinpedia.care/b_memkombat_42560?referrer=8-cryptocurrencies-that-could-explode-next-in-2024" target="_blank" rel="noopener noreferrer nofollow"> Meme Kombat (MK)</a>, which seeks to combine meme culture with battle arena gaming.</p>
<p>Players can watch animated bouts between meme coin mascots, betting on the winners of each fight.</p>
<p>Through this setup, those who pick correctly will win more MK tokens – which<a href="https://memekombat.io/staking" target="_blank" rel="noopener noreferrer nofollow"> can then be staked</a> for passive income.</p>
<div class="wp-block-image">
 <figure class="aligncenter is-resized"><img decoding="async" src="https://lh7-us.googleusercontent.com/dcix-5PSE_GDqVxrG9y69AcoJzKC44oDZN9yWiSQwXY9YH56uxeTrp4qp4DteIQuL5_btSbYECVQe8fjkA4aY8r2MeZP-_S_Rj7VL_mxpFwiddGuHJ4CwN5TzIDTCOakSogNFaslqugVQyqK2qio41Q" alt="meme kombat" style="width: 100%;height:auto">
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<p>Meme Kombat’s battle arena will initially feature 11 popular mascots, including Doge and Pepe the Frog, with plans to add more in future seasons.</p>
<p>Like Bitcoin Minetrix, Meme Kombat is still in its presale phase, and investors can<a href="https://coinpedia.care/b_memkombat_42560?referrer=8-cryptocurrencies-that-could-explode-next-in-2024" target="_blank" rel="noopener noreferrer nofollow"> buy MK tokens</a> for just $0.279 before their Uniswap debut.</p>
<h2 class="wp-block-heading" id="h-4-etuktuk-tuk">4. eTukTuk (TUK)</h2>
<p><a href="https://coinpedia.care/b_etuktukEN_56416?referrer=8-cryptocurrencies-that-could-explode-next-in-2024" target="_blank" rel="noopener noreferrer nofollow">eTukTuk (TUK)</a> is a project with social impact at its core, aiming to modernize transportation in developing countries through electronic tuk-tuks.</p>
<p>Powered by the native TUK token, the platform seeks to create economic opportunities for those in these countries while also reducing carbon emissions.</p>
<p>As eco-conscious investing gains momentum, eTukTuk’s potential for real-world adoption could be the key to long-term success.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/dvNDYF-zWtWF6f4hwyVVNZvFcmhiqvzoUpfIi3lnhgO-MsBCuCSkHe162oqEXUYwnYif589V_FI8T9pbc1xkvtJGwWV3CbIsLkOHjOODVHyDjQlmksRhUsxu43ljD7rW-W30GmMlyredr7wRRoj8BJ8" alt="etuk-tuk">
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<p>Over 43,000 people now follow<a href="https://twitter.com/eTukTukio" target="_blank" rel="noopener noreferrer nofollow"> eTukTuk’s Twitter page</a>, showcasing the project’s growing appeal.</p>
<p>Investors can<a href="https://coinpedia.care/b_etuktukEN_56416?referrer=8-cryptocurrencies-that-could-explode-next-in-2024" target="_blank" rel="noopener noreferrer nofollow"> buy TUK tokens</a> early through the ongoing presale event, which has now raised over $1.3 million in funding.</p>
<h2 class="wp-block-heading" id="h-5-starknet-strk">5. Starknet (STRK)</h2>
<p><a href="https://coinmarketcap.com/currencies/starknet-token/" target="_blank" rel="noopener noreferrer nofollow">Starknet (STRK)</a> is a layer-2 scaling solution for Ethereum that uses the STARK cryptographic system to achieve low-cost transactions.</p>
<p>The network’s native token, STRK, is used for paying fees, securing consensus, and governance.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/5C9k6KzL_4joV9XWvHdMAZmxkV7qRW5JA5fQYJswFws0FVSID8OxH6Wx4HlHbzmv_Sa8Wm3A5uJDwV_4TK_e3nqQJTjFr0DnnIWZLWm7f7MFNWSaIu3_Is6KUjwoI9YrXxXChjLanxmpHBgIvdvXL2w" alt="starknet">
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<p>STRK debuted on major exchanges like Binance earlier this week and immediately attracted hundreds of millions of dollars in spot trading volume.</p>
<p>Although STRK’s price has dropped since launch, the project’s technology could set it up for longer-term success.</p>
<h2 class="wp-block-heading" id="h-6-dymension-dym">6. Dymension (DYM)</h2>
<p><a href="https://coinmarketcap.com/currencies/dymension/" target="_blank" rel="noopener noreferrer nofollow">Dymension (DYM)</a> is a multichain interoperability protocol enabling easy communication between blockchains.</p>
<p>It focuses on scalability and modular architecture to support growing demand from developers.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/DuRH9IesRRl6lJ4V6fnDD9L6GJKq1wQ-LUaFIoRIpsneoqrMYPtwPemUd0gEhUj24Fgi7jovTjWZalaVhYiqRNuPoAEgzFiURSqq6Usg3p-aMtgJGN3tbxoNagk0kGTF2kxFlAOXe1ctmpSmp4Q8Pqs" alt="dym">
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<p>Dymension’s native token, DYM, is currently ranked first on CoinMarketCap’s <a href="https://coinmarketcap.com/trending-cryptocurrencies/" target="_blank" rel="noopener noreferrer nofollow">list of trending cryptocurrencies</a> in the past day.</p>
<p>With DYM’s value up over 50% in the past month, this token could be another one to watch for a potential explosion soon.</p>
<h2 class="wp-block-heading" id="h-7-orchid-oxt">7. Orchid (OXT)</h2>
<p><a href="https://coinmarketcap.com/currencies/orchid/" target="_blank" rel="noopener noreferrer nofollow">Orchid (OXT)</a> is a decentralized VPN that’s powered by crypto economics to create an open marketplace for bandwidth.</p>
<p>It uses “multi-hop architecture” to enhance privacy by routing users’ traffic through multiple nodes.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/KgAl5QBlezo89TbdczZ-_2k2DsZ0EogUINy28WQ5Z0LfEYfmJUbrsn9EKSmNqab_CzGk0M0XJgtVNFNRGLlVZOQlWiq5Oj7W2oqJuPXPrYdoaq-j8ssdGepV78qz3EGOXFeiJIXGyngFlfLKZTdVZ4E" alt="oxt">
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<p>The native OXT token is used for bandwidth payments, staking incentives, and platform governance.</p>
<p>However, OXT has also been used as a way to speculate on Orchid’s future potential – and looks well-positioned to continue gaining value as the network expands.</p>
<h2 class="wp-block-heading" id="h-8-moonbeam-glmr">8. Moonbeam (GLMR)</h2>
<p>Rounding off our list of cryptocurrencies that could explode next in 2024 is<a href="https://coinmarketcap.com/currencies/moonbeam/" target="_blank" rel="noopener noreferrer nofollow"> Moonbeam (GLMR)</a>.</p>
<p>Moonbeam is built on top of Polkadot as a parachain and lets developers easily redeploy Ethereum-based projects in a Substrate-based environment.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/7BXvo_r_AYy0IV-W_x7zj0FFgdh62PDEfnMYdEsyp10l0Mj2Z8SJg5mpkqa7usBlV4PMnWuxYl1l2xXCyb2zoex9Dd_4B2P8_nFplZXjJOMV2C5uGtGAFdyOMTlMpM530rQsZ0tISNvFBu8x0yY72Dk" alt="glmr">
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<p>GLMR is the token that powers Moonbeam and is used to pay for transactions, staking, and governance.</p>
<p>Given how developer-friendly it is, Moonbeam is becoming increasingly popular with dApp developers, meaning GLMR’s value could explode if adoption keeps ramping up.&nbsp;&nbsp;</p>

8 Cryptocurrencies That Could Explode Next in 2024

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