2022 was a bearish year for the cryptocurrency market - crypto news media dubbed it the "crypto winter", with the price of Bitcoin falling to $15,000 at one point and many other altcoins retreating more sharply to record lows.
One benefit is that this has led investors to start looking for cryptocurrencies with better utility and higher potential for explosive long-term gains in the next crypto bull run. This guide highlights and evaluates many of the cryptocurrencies that are expected to break out in 2023 and the coming years.
The next cryptocurrency that could explode in 2023
Looking for the next big cryptocurrency to add to your crypto portfolio? There are many viable crypto projects to choose from that cater to different market segments and look promising.
That’s why choosing the right cryptocurrency can be a difficult task. To help you make the right decision, we have curated a list of fifteen high-potential cryptocurrencies.
Bitcoin Minetrix (BTCMTX) - The Next Cryptocurrency with Staking Utility to Break Out
Bitcoin ETF Token (BTCETF) - The Next Bitcoin ETF-Inspired Cryptocurrency Breakout
TG.Casino (TGC) - The Next Telegram Casino Cryptocurrency Breakout
Meme Kombat (MK) - The Next P2E Memecoin Breakout
Launchpad XYZ (LPX) - The Crypto Project Simplifying Web 3 in 2023
yPredict (YPRED) - Predict asset prices with this AI cryptocurrency
Wall Street Memes (WSM) - A potential memecoin to explode in 2023
Ripple (XRP) - Regaining its popularity in 2023, following SEC lawsuit
Ape Coin (APE) - Crypto DAO Project Gives Control Back to Investors
Gala (GALA) - Putting Crypto Gamers Back in Control
Immutable X (IMX) - Improving Ethereum’s scalability and user experience
Bitcoin (BTC) - Ready to retake the throne and set new all-time highs after the next Bitcoin halving
Ethereum (ETH) - the cryptocurrency required for dApp projects
Dogecoin (DOGE) - Large community, the largest meme coin by market capitalization
Cosmos (ATOM) - The Internet of Cryptocurrencies to Explode in 2023
TRON (TRX) - The ability to reinvent the content creation process
A more detailed look at the next cryptocurrency that is set to break out
Our list starts with a meme coin - as demonstrated by Dogecoin and Shiba Inu during the last bull run, and as shown by Pepe (PEPE) in 2023, meme coins can explode by hundreds of percent in a matter of days:
Bitcoin Minetrix (BTCMTX) - The Next Cryptocurrency with Staking Utility to Break Out
Amid the ongoing challenges facing Bitcoin, a new player in the cryptocurrency space, Bitcoin Minetrix ($BTCMTX), has made a splash by reshaping the cryptocurrency mining landscape.
$BTCMTX introduces a groundbreaking concept - the equity mining model. Holders of $BTCMTX tokens can stake these tokens to accumulate Bitcoin mining points, which can be exchanged for actual mining time and rewards.
The total supply of $BTCMTX is limited to 4 million tokens, 70% of which are allocated to pre-sale buyers. The project's strategic pricing during the pre-sale phase started at just $0.011 per token, which attracted a lot of attention and raised more than $100,000 on the first day.
The future looks bright for Bitcoin Minetrix. The project’s development team is actively negotiating with leading cloud mining groups to expand its staking mining protocol globally. In addition, plans are in place to launch a mobile version of the platform, making it easier for users to manage their mining activities on mobile devices.
With Bitcoin still searching for stability, Bitcoin Minetrix becomes an appealing alternative and a closely watched project in the cryptocurrency space.
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Bitcoin ETF Token (BTCETF) - The Next Bitcoin ETF-Inspired Cryptocurrency Breakout
Bitcoin ETF Token is the next cryptocurrency that could break out, taking advantage of the ongoing craze for Bitcoin ETFs.
Interest in Bitcoin ETFs, as shown by BlackRock’s recent application for a spot Bitcoin ETF, has fueled speculation of possible SEC approval.
In this context, multiple entities have submitted applications for spot Bitcoin ETFs. Approval could lead to billions or even trillions of dollars pouring into the cryptocurrency space, potentially pushing Bitcoin prices to unprecedented levels. Bitcoin ETF Token is a project that has carefully crafted its destruction and tax mechanisms in order to allow retail investors to profit from Bitcoin ETFs.
Essentially, the token closely aligns its mechanism with the expected milestones of crypto ETFs and Bitcoin. The main goal of the project is to destroy 25% of its total supply, increase the scarcity of the token and increase its price. This ambitious effort makes Bitcoin ETF Token the next cryptocurrency that may break out.
The project is currently being launched as a 10-phase pre-sale project, with BTCETF prices ranging from $0.005 to $0.0068. In addition to early investment opportunities, this potential cryptocurrency also has a unique staking mechanism that incentivizes holding tokens and provides long-term upside.
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TG.Casino (TGC) - The Next Telegram Casino Cryptocurrency Breakout
TG.Casino is making a splash in the crypto gaming space for obvious reasons. Raising $150,000 in presale in a matter of minutes shows that TG.Casino has the potential to be successful.
TG.Casino is unique in that it strategically leverages Telegram, a major application in the crypto industry. With over 1 billion users, including 700 million active users, Telegram is positioned in a huge market. Its user-friendly platform allows for quick registration, deposits, and betting, providing a frictionless experience.
Unlike some competitors, TG.Casino does not rely on taxing transactions, but uses the traditional casino approach of sharing profits with token holders. The buyback mechanism destroys 40% of the tokens and distributes 60% as rewards, increasing the price stability and value of the $TGC token.
Investors are increasingly participating in the project by purchasing $TGC tokens on the official website. These tokens are priced at $0.125 and can be purchased using ETH, BNB, and USDT.
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Meme Kombat (MK) - The Next P2E Memecoin Breakout
Meme Kombat is a brand new Meme coin project. As the intersection of Meme coins and competitive games, this crypto project introduces a clear and structured token economic plan. The maximum supply of the native $MK tokens that can be purchased now is 12 million.
Meme Kombat is a gaming platform that combines the fun of memes with competitive combat. Using advanced technology and the decentralized Ethereum network, Meme Kombat aims to create a unique and enjoyable gaming experience.
The project has set ambitious goals for its presale, aiming to achieve a soft cap of $1 million and a hard cap of $10 million. Notably, $MK tokens are currently being sold at $1.667 per token during the presale phase, with payment options including ETH, USDT, and BNB.
Meme Kombat's core team, led by founder Matt Whiteman, stands out in the meme coin space for its well-maintained public profile. The project's well-structured token economics plan and innovative approach to gaming have attracted widespread attention in the cryptocurrency and Web3 communities.
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Launchpad XYZ (LPX) - The Crypto Project Simplifying Web 3 in 2023
Launchpad XYZ is a crypto project that provides a "one-stop" portal to all things Web 3. But instead of taking an overly complex linear route to decentralization, Launchpad creates an inclusive platform where any interested direction can interact with Web 3.
To achieve this, Launchpad XYZ provides a variety of tools to introduce people to Web 3 in simple terms. Traders can get a trading terminal with up-to-date and easy-to-use tools, letting them evaluate market conditions in real time. NFT enthusiasts can create, curate, buy and sell NFTs with real value. Gamers can interact with P2E games, and brands and institutions can view tailored metaverse experiences.
The main goal of Launchpad XYZ is to address the current shortcomings of Web 3 adoption by making each decentralized aspect simpler and more unique. Everything on the platform will have a simple tutorial to teach users how to navigate in this space. Helping people interact with the ecosystem are two elements - LQ and Launchpad Wallet.
Launchpad Wallet is an easy to use Web 3 wallet that allows people to interact with the Web 3 elements they wish. LQ or Launchpad Quotient is a unique metric that combines over 400 data points to help people choose the best NFTs, utility cryptocurrencies, cryptocurrency presales, and Web 3 projects to participate in.
This versatility has generated a lot of interest in Launchpad XYZ's native token, LPX. The presale for LPX is ongoing and the token has already raised over $140,000 in less than a week. Given the project's use cases, if Launchpad can achieve the goals it has set, it could outpace similar projects. Click the link below to participate as an early participant and join the Telegram group to learn more about the project.
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yPredict (YPRED) - Predict asset prices with this AI cryptocurrency
yPredict is an AI project that aims to create an "all-in-one" AI platform that provides users with a range of prediction algorithms for predicting asset prices and making informed investment decisions. These algorithms are provided by data scientists, AI developers, and Quants, and users can purchase and interact through the prediction market.
Navigating the cryptocurrency space is difficult, which is why yPredict has developed a solution that uses AI to determine the direction an asset is likely to move by combining technical and sentiment indicators. According to the official white paper, it uses a patent-pending pattern recognition algorithm to identify repeatable patterns from hundreds of bullish and bearish charts and candlesticks.
The goal of yPredict is to make AI signals accessible to users and enable financial data scientists to generate passive income. These individuals can publish their validation results and signals on the marketplace and sell them on a subscription basis. Users will pay for these subscriptions using YPRED - an ERC-20 token built on top of the Polygon chain.
The supply of this token is limited to 100 million, which will help maintain scarcity and increase its price in the future. Another advantage of this token is its utility. In addition to buying signals and interacting with prediction markets, YPRED can also be used for staking. Users can use this process to earn a stable annualized rate of return.
yPredict is currently in presale and has raised $400,000. This initial momentum suggests that if similar assets have similar momentum, like Fetch.ai, it could rise 1,400% in a bull run.
Visit yPredict
Wall Street Memes (WSM) - A potential memecoin to explode in 2023
Entering the crypto space during this memecoin craze is Wall Street Memes.
Originated from a meme community with over 1 million followers, Wall Street Memes is a nod to the investor Reddit group Wall Street Bets, which promoted the Gamestop short position forcing event that increased the value of Gamestop by about 100 times.
The community has since also participated in the latest trends in the NFT space, including Bitcoin NFTs. Its PFP NFT collection sold out within minutes of going online. And through the latest cryptocurrency Meme coin, WSM (Wall Street Memes), it has once again become the target of a potential cryptocurrency explosion in 2023.
Wall Street Memes can be purchased on OKX.
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Ripple (XRP)
Ripple has carved out a niche in the crypto industry. It is a money transfer network project that aims to cater to the needs of the financial services industry. The native token of the project is XRP. Ripple is a payment settlement and currency exchange system that facilitates transactions worldwide. XRP is the native token on the XRP ledger that runs on the Ripple network. XRP's blockchain operates differently than most other cryptocurrencies. It makes things centralized and uses a consensus protocol.
Ripple has many advantages that make it stand out. While other transfers take days to be verified and completed, Ripple transactions take less than four or five seconds to execute. Various larger financial institutions such as IndusInd Bank, Santander, and Bank of America use Ripple, showing the good will and market adoption that the cryptocurrency possesses.
We included Ripple in this list because it is adopted by major financial institutions and banks and has a variety of solutions including crypto liquidity hubs, cross-border payments, and central bank digital currencies.
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Ape Coin（APE）
Ape Coin comes from legendary NFT creator Bored Ape Yacht Club. It has the potential to gain the desired popularity while maintaining its practicality.
In the first quarter of 2022, there were rumors of the upcoming launch of a cryptocurrency that would be the native token of the Bored Ape Yacht Club, developed by Yuga Labs. Then came Ape Coin. It is the ERC-20 governance and utility token for the APE ecosystem and is governed by a Decentralized Autonomous Organization (DAO). This allows token holders to vote for any governance-related decisions.
Ape Coin has multiple uses in the ecosystem. Some of the uses of Ape Coin include enabling holders to participate in the governance of the DAO, which in turn enables them to participate in the governance of the DAO, and provide certain exclusive features such as games, events, merchandise, etc.
Ape Coin is backed by Yuga Labs and has real potential and is expected to break out in 2023. The organization has also brought some hot selling NFTs, including Bored Ape Yacht Club, Meebits, and CryptoPunks.
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GALA
Gala Games is at the forefront of a massive metaverse revolution and is gamifying the financial industry and NFT market.
Gala Games, launched in 2020, identified a gap in the gaming-as-mining industry and became one of the first movers in the space. The platform creates blockchain-based games that allow players to truly own their gaming assets, enabled by NFTs.
Gala Games is included in this list not only for its presence in the Play To Earn space, but also for its commitment to creating quality games that are better than traditional games in the P2E space. Gala Games has its own native token, GALA. This is the main token used in the gaming ecosystem for purchasing assets, peer-to-peer payments, rewarding nodes, etc.
The reason we are optimistic about Gala Games is not only its presence in the Play To Earn space, but also its unique capabilities, which add to its overall functionality. It is built on the Binance Smart Chain, which reduces overall transaction fees when gaming with GALA. Other benefits include multiple built-in games for a better gaming experience, and a large community with over 1.3 million members.
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Immutable X (IMX)
Immutable X recently gained attention in the cryptocurrency space again through its integration with the NFT marketplace Rarible. Game NFTs built on IMX can now be sold on Rarible.
Immutable X aims to make NFT transactions on the Ethereum blockchain more efficient by reducing gas fees. It was launched in 2018 and was founded by James Ferguson, Robbie Ferguson, and Alex Connolly. Its main purpose is to achieve instant confirmation of transactions on the blockchain and almost zero gas fees for minting and trading NFTs.
Immutable X's native token is IMX, which, as of this writing, has a circulation of 2 billion and complies with the ERC-20 standard. These IMX tokens can be used to pay transaction fees and provide incentives. Investors can also purchase IMX tokens and stake them to earn rewards and vote on any governance-related decisions.
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Bitcoin (BTC)
Bitcoin is where the cryptocurrency boom began. Over the years, Bitcoin has shown resilience and has been able to withstand even the most negative news surrounding the entire cryptocurrency industry. Although Bitcoin is currently facing a blow and decline in the crypto winter, it is expected to rise again.
Bitcoin has many uses, and countries such as El Salvador even recognize Bitcoin as legal tender. Experts are optimistic that Bitcoin will rise again and return to its previous price levels.
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Ethereum (ETH)
The world’s second-largest cryptocurrency is also included in this list for a variety of reasons.
Ethereum has a number of unique features that set it apart. Last year, Ethereum reduced the supply of Ethereum tokens, which currently stands at 122.2 million. This ensures that the network can process more transactions per second, improves the scalability of the platform, and reduces transaction fees.
Ethereum has some advantages because the network infrastructure can be used to build applications and is also the basis for other cryptocurrencies, promoting decentralized finance. In addition, the Ethereum blockchain is also the platform used by most of the top NFT projects.
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Dogecoin (DOGE)
Dogecoin will always be remembered as the cryptocurrency that started the meme coin trend. Despite a significant drop in its valuation last year, the meme coin has continued to maintain its influence.
Despite questions about Dogecoin’s usefulness and the emergence of competitors such as Bonk, DOGE is now accepted as a payment method by thousands of global merchants, increasing its usefulness. In addition, it recently became the second largest proof-of-work coin after Bitcoin, which is a proof.
It is not clear how Dogecoin will add some much-needed utility. However, it has the support of a large community, which is an advantage for the cryptocurrency in the long run.
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Cosmos (ATOM)
The Cosmos blockchain was developed to facilitate and enhance the quality of communication between distributed ledgers without relying on centralized servers. The founders call the platform the “internet of blockchains” and aim to simplify transactions.
Cosmos enables various applications and services to interconnect by using a central hub, Tendermint consensus algorithm, and Inter-Blockchain communication protocol to communicate efficiently. The way this is done is by allowing blockchains to connect to each other, relying on smart contracts on different blockchains.
It solves three major problems facing blockchain. First, the Cosmos SDK solves the problem of high gas fees. This is achieved through connections between blockchains, relying on smart contracts on different blockchains. Similarly, Cosmos also provides scalability through an interoperable model for shared communication and sustainable measures such as the PoS consensus algorithm, which reduces carbon footprint by 99%.
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How to find the next cryptocurrency to break out?
It is certainly not easy to find the next big cryptocurrency that is about to break out. That is why you should know the right places where you can look for the next big thing in the world of cryptocurrency.
Social Media:
Social media is often filled with news and cryptocurrency discussions. This includes opinions and analysis from experts, updates from projects, and some theories and in-depth discussions from users. Some of the best places to find cryptocurrency-related information are Reddit and Twitter.
Follow ICO:
Initial Coin Offerings are a way for most upcoming cryptocurrency projects to secure funding for their projects. ICOs can be a great way to get into cryptocurrency. However, it is important to note that many ICOs are unregulated.
Latest Cryptocurrency News:
Following the latest cryptocurrency news can be another great way to stay informed about cryptocurrencies that are about to break out. Information from reliable sources like Inside Bitcoin can help you make decisions.
However, the final decision is up to you, your due diligence, and your appetite for risk.
Where can I buy the next big cryptocurrency that’s about to break out?
There are many cryptocurrency exchanges and brokers with rich features to choose from. However, we think eToro is the best platform to invest in cryptocurrencies.
eToro has been in this space for decades. The platform has become one of the trusted sources for cryptocurrency-related transactions due to its rich features, security, and the ability to diversify investments from the same platform.
The platform now has over 25 million registered users. What makes these millions of users feel safe is eToro's highly regulated ecosystem. The platform is regulated by the FCA, ASIC, and CySEC. Cash funds on eToro are held in regulated US banks and are insured up to $250,000 per account. It uses a multi-layered security approach to store cryptocurrencies, including warm storage and cold storage.
eToro has a minimum trade size of $10 and charges a flat fee of 1% on every cryptocurrency trade. Its easy-to-use interface, extensive list of cryptocurrencies, and rich features make it an ideal cryptocurrency exchange for both beginners and experts. See our full eToro review.
Some of our top picks for the next cryptocurrencies set to break out are not yet listed on eToro but are listed on OKX - see our full OKX review.
in conclusion
Currently, cryptocurrencies are not in the most bullish phase. Although the crypto winter seems to be abating, it is not gone yet. This has made many potential investors rethink their decision to invest in cryptocurrencies.
However, this has been true for many financial revolutions in the past as well. Cryptocurrency is not in the best shape right now, but seeing the dynamic approach and long-term attitude of upcoming projects, it seems that the industry will soon find the right track, eventually leading to a rise in prices.
Based on the available data, it is only possible to predict which cryptocurrency may come out on top in the days ahead. The final decision depends on your risk potential before investing.
Presales offer the lowest risk and price point for all the important “next big thing” projects at an early stage in their roadmap. In this guide, we review several projects, including Bitcoin Minetrix and Launchpad XYZ.
New Crypto Mining Platform – Bitcoin Minetrix
Rating
Audited by Coinsult
Decentralized and secure cloud mining
Earn free Bitcoin every day
Native Token in Presale – BTCMTX
Staking Rewards – Over 100% Annualized Yield
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Frequently Asked Questions About the Next Cryptocurrency to Break Out
Which cryptocurrency might break out immediately?
There are many prospects that may prove their worth in the cryptocurrency market at the moment. However, there are many reasons to be optimistic about Bitcoin Minetrix due to its unique staking and mining foundation.
What is the best source for finding the next big cryptocurrency?
There are many sources for finding the next big cryptocurrency this year. A few of them are looking for Reddit groups around cryptocurrencies, social media, and news about initial coin offerings or token pre-sales. You can also refer to price and volume charts to get a better idea.
How to get a first-mover advantage in cryptocurrency before it goes public?
To get a head start on unlisted cryptocurrencies, look for any ongoing token presales.
Where can I buy promising cryptocurrencies before they break out?
Whether you are a beginner or an expert, eToro is the best platform to invest in cryptocurrencies. With over 75 listed top cryptocurrencies and a flat fee of 1% per trade, you can start investing with eToro with a minimum investment of $10.
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