Cryptos have a history of sharp price movements, and when the stock market does well, it often increases investors' confidence in other areas, like crypto. With the right market conditions, some cryptocurrencies could see massive growth soon. And as the stock market continues to rise, many investors are looking at cryptocurrencies for their next big opportunity.
In this guide, we’ll explore five cryptocurrencies that are expected to explode next, including popular cryptocurrencies like Bitcoin and Ethereum and altcoins like Crypto All-Stars, Mega Dice Token, and Shiba Shootout. So, if you’re looking to stay ahead of the curve, these are the coins to watch.
5 Next Cryptos To Explode As The Stock Market Is On The Rise
Here are the 5 next cryptos to explode as the stock market is on the rise;
-
Crypto All-Stars - World’s First-Ever Meme Vault
-
Bitcoin - Largest Cryptocurrency By Market Capitalization
-
Mega Dice Token - The #1 GameFi On SOL
-
Ethereum - Second Largest Cryptocurrency By Market Capitalization
-
Shiba Shootout - The #1 Shiba Memecoin
5 Next Cryptos to Explode Reviewed
In this section, we reviewed each crypto with high potential growth to help you make the right decision when choosing the next crypto to explode.
Crypto All-Stars - World’s First-Ever Meme Vault
One of the next cryptocurrencies expected to explode in the near future is Crypto All-Stars. This unique meme project has the potential for massive growth because it combines all popular meme coins into one unified staking platform called the Meme Vault that brings together meme coin traders and investors in one location. Users can stake their favorite meme coins, such as Shiba Inu, Dogecoin, Pepe, Bonk, and others, and get $STARS tokens in exchange.
Generally, Crypto All-Stars is designed for a specific community of crypto enthusiasts who want to combine gaming, trading, and earning into one fun platform. Its launch has attracted attention from gamers and collectors due to its creative rewards system and community-driven features. The more $STARS tokens an investor holds, the more staking rewards they can earn. This makes it a smart move to buy $STARS tokens now while they are still sold at a discount before the presale ends and the token potentially takes off.
According to many crypto analysts, there are several reasons why Crypto All-Stars could be one of the next cryptos to explode. One key reason is the growing interest in gaming ecosystems, which continue to be among the most lucrative and highly growing businesses in the world. The project taps into this thriving market, and its roadmap shows plans for even more innovations, like cross-platform utilities and partnerships with well-known gaming brands. These moves could help bring in even more users and drive up the value of $STARS tokens.
Crypto All Stars tokens are currently sold in a presale, which already has raised over $1.1 million only a few weeks after its launch, indicating investors’ trust and excitement in this cryptocurrency. For more info regarding the token’s price, you can watch the Crypto All-Stars price prediction below:
Currently, early investors can buy $STARS tokens for just $0.0014305 each and stake their tokens for an impressive 1,200% annual percentage yield (APY). However, this high yield is dynamic and will decrease as more tokens are staked, meaning early stakers get the best rewards.
For those interested in learning more about this revolutionary project, visit the Crypto All Stars official presale page below.
Bitcoin - Largest Cryptocurrency By Market Capitalization
There’s no need to introduce Bitcoin, the first and most well-known cryptocurrency. Bitcoin, the pioneer of cryptocurrencies, is the largest cryptocurrency by market capitalization and is frequently referred to as a "safe haven" in the crypto and the financial world. As a matter of fact, many people refer to Bitcoin as “digital gold” because it’s seen as a reliable store of value over the long term. In recent years, it is also widely used as an alternative to currencies with high inflation. In short, Bitcoin could be the currency of the future.
But despite the fact that it’s the most established digital currency, Bitcoin still has plenty of room for growth due to factors like institutional adoption, its limited supply, and increasing use around the world. More than anything else, its limited number of 21 million coins makes it an attractive option for those seeking security in an unpredictable market. Moreover, because Bitcoin is decentralized, it is less affected by external forces; therefore, its value is frequently kept even when other assets fall in value.
Recently, following a price drop, $23 billion worth of Bitcoin has been moved into addresses held by long-term investors, showing institutional involvement in the Bitcoin market. The Bitcoin halving event that recently happened in April 2024 could also potentially drive Bitcoin’s next bull run, with several experts predicting that Bitcoin could hit $85,000 by 2025, an increase of around 55% from Bitcoin’s current price of $55,300.
Moreover, Bitcoin is no longer an anti-government currency used on the sidelines of the economy. Bitcoin is now recognized by many governments, including the United States, and is used as legal tender in countries like El Salvador.
Most importantly, the launch of Bitcoin ETFs (exchange-traded funds) in the US stock market in 2024 brought in large amounts of capital. Events like these, along with Federal Reserve interest rate cuts and the highly anticipated US elections, can greatly affect Bitcoin’s price, making it a key asset in the crypto space.
Mega Dice Token - The #1 GameFi On SOL
Next on our list is Mega Dice Token, one of the most promising GameFi tokens out there. Built on the Solana blockchain, Mega Dice Token ($DICE) powers a gaming ecosystem that includes a casino and sportsbook, offering bonuses and rewards to players and making it a potential breakout token.
The Mega Dice Casino, which was founded in 2023 and is licensed by Curacao, is also expected to deliver one of the best crypto casino experiences available, with $DICE tokens at the center of everything. Surely, if the casino gains more popularity, the value of $DICE could soar, much like how BNB grew alongside Binance’s success.
By using blockchain technology to create a secure and transparent gaming experience, Mega Dice Token is transforming the online casino world. Unlike many other online casinos, Mega Dice ensures verifiable fairness and decentralized gaming, giving players more trust in the platform. As a result, Mega Dice has managed to build a platform with 10,000 users, and its user base is growing exponentially.
Furthermore, Mega Dice stands out from other online casinos by offering a unique gaming experience, which includes limited edition NFTs, referral bonuses, and airdrop rewards. Some key features of the platform include staking options, daily rewards, and exclusive NFTs. On its platform, users can stake $DICE in one of three pools to earn regular annual yields and daily rewards based on their gaming performance. All of the above has led some analysts to predict up to a 1000x potential growth for the Mega Dice token’s price.
Mega Dice also plans to buy back and burn tokens using a portion of its profits, reducing the total supply and potentially increasing the value of the remaining tokens. The total supply of $DICE is fixed at 420 million tokens, with 35% available during the presale at $0.116056 per token, which can be purchased in exchange for SOL, BNB, and ETH. Additionally, 10% of the tokens are reserved for staking rewards.
Investors who want to learn more about the MegaDice Token can stay updated with recent information by following them on X and visiting the presale page.
Ethereum - Second Largest Cryptocurrency By Market Capitalization
Another crypto coin that has the potential to explode is Ethereum, the second-largest cryptocurrency in the world and the most popular blockchain for smart contracts. Ethereum has been the foundation for decentralized applications (dApps) and smart contracts for many years. And, with the recent Ethereum 2.0 upgrade, the network now has better scalability, security, and sustainability. These improvements make Ethereum a very important investment for any serious crypto portfolio as they set the stage for future growth.
One of the reasons why Ethereum could explode soon is the shift from proof-of-work (PoW) to proof-of-stake (PoS), as it has significantly reduced Ethereum’s environmental impact.
Moreover, earlier this year, the first Ethereum ETFs were approved and began trading on July 23. Although initial trading saw some outflows, analysts believe this could be a significant catalyst for Ethereum’s future price growth. In the first five months, these ETFs might generate capital inflows ranging from $3 to $4.6 billion. This would lead to the purchase of 850,000 to 1.25 million ETH, potentially creating a supply shortage and driving prices higher.
In terms of price performance, Ethereum has been on a downtrend lately, currently trading around $2300. However, analysts still have a bullish outlook on Ethereum, especially when taking into account the Ethereum Pectra upgrade, which is expected in Q4 2024.
All in all, Ethereum remains the most popular blockchain for developers, with most of the action in the crypto world, such as new crypto projects, play-to-earn games, and DeFi advances, happening on its platform. As Ethereum continues to grow, more developers will build on it, attracting even more users and increasing demand for ETH. Currently, Ethereum is priced at $2,324.8; however, some experts predict it could surpass $6,000 by 2025.
Shiba Shootout - The #1 Shiba Meme Coin
Another excellent altcoin worth watching in the upcoming months is Shiba Shootout, which is a fun, meme-based cryptocurrency that’s gaining popularity thanks to its gamified features.
The $SHIBASHOOT token essentially allows holders to vote on project decisions and participate in features like the Lucky Lasso Lottery, where users can win crypto prizes and Savings Saddlebags. On its platform, users can earn Shiba tokens by taking part in interactive games and challenges, making it a fresh and exciting addition to the meme coin world.
One of the reasons why Shiba Shootout could explode is because Shiba Shootout combines entertainment with a reward system, making it stand out in the crowded meme coin space. Its growing community and unique approach to gamified rewards are likely to attract attention, especially as meme coins continue to capture investors' interest. With all of these features and the buzz around this token in the crypto community, analysts have set high expectations for the Shiba Shootout token.
So far, Shiba Shootout’s presale has raised over $1 million in just a few months, indicating a strong demand for this crypto. One $SHIBASHOOT is currently trading for $0.0202, which, according to many analysts, is a discount price to what the coin might be traded when the presale ends. Also, if Shiba Inu continues to perform well, Shiba Shootout could benefit from the meme coin wave, delivering impressive gains to early investors. Its deflationary token burn also gives it a strong outlook, as reducing the supply could increase demand.
Overall, with its unique theme, strong community support, and long-term potential, Shiba Shootout could certainly be the next crypto to explode. For more information, check out the Shiba Shootout presale page below.
What is the Correlation Between the Crypto Market and the Stock Market?
Over the past few years, many analysts and crypto investors have wondered about the correlation between the stock and the crypto market.
Well, generally, the correlation between the stock market and the cryptocurrency market is complex and multi-faceted. While the two markets have distinct characteristics, they often move in tandem, especially during significant economic events. This is largely due to overlapping investor sentiment and the increasing institutional participation in both markets. When traditional markets are bullish, investors tend to have more risk appetite, prompting them to explore alternative investments like cryptocurrencies, which have historically offered higher returns despite their volatility.
For instance, one key reason for the correlation is the influence of global liquidity. When central banks, such as the U.S. Federal Reserve, implement policies that inject liquidity into the economy, both stocks and cryptocurrencies often benefit. Evidently, during periods of quantitative easing or low interest rates, investors seek to put their capital into assets with higher yield potential. Stocks and cryptocurrencies, especially Bitcoin and Ethereum, often become attractive in such environments.
Another factor contributing to the correlation is the growing integration of cryptocurrencies into traditional financial portfolios. Many institutional investors now view digital assets like Bitcoin as part of a diversified portfolio alongside stocks and bonds. This means that macroeconomic factors affecting stock market sentiment, such as changes in interest rates, inflation expectations, or geopolitical events, can also affect crypto markets.
Additionally, as cryptocurrencies become more mainstream, they are increasingly subject to similar market forces that affect traditional financial assets, such as regulatory changes and shifts in global economic policy.
In short, cryptocurrency prices and stock prices indeed tend to move in parallel. However, it's important to note that while the correlation exists, cryptocurrencies remain far more volatile than stocks. This heightened volatility means that while they may follow stock market trends, their price movements can be significantly more exaggerated, both on the upside and downside.
When Will the Crypto Market Explode?
Predicting when the next major surge in the crypto market will occur is a bit challenging, but there are a few important factors and events that could trigger significant growth. When looking ahead, these events and trends are worth paying attention to, as they may play a crucial role in the next big price increase.
US Elections (2024)
The upcoming U.S. presidential elections in 2024 could have a major impact on the crypto market. If a candidate with a strong pro-crypto stance, like Donald Trump, wins the election, this could greatly boost confidence among investors as a government that supports cryptocurrencies might lead to more favorable regulations, less scrutiny, and increased adoption of digital assets.
This potential shift in policy could spark an influx of institutional money into the market and help push crypto prices higher. Investors often react positively when they believe political leaders will create a supportive environment for emerging technologies, so the election results could be a big catalyst for the market.
Federal Reserve Rate Cuts
The Federal Reserve’s interest rate decisions is another important factor to watch. When interest rates are high, investors tend to move their money into safer assets such as bonds, but when the Fed lowers interest rates, borrowing money becomes less expensive, and people are more inclined to invest in riskier assets such as cryptocurrencies.
Lower interest rates also make it easier for businesses to expand, which boosts the economy and stock markets and, by extension, can positively affect crypto markets. If the Fed cuts rates shortly, it could lead to a surge of capital into cryptocurrencies as investors look for higher returns. Also, historically, low interest rates have been linked to strong bull runs in the cryptocurrency market.
Technological Upgrades
Blockchain technology continuously evolves, and key upgrades could be a big driver of the next crypto boom. Ethereum, one of the largest cryptocurrencies by market cap, is constantly working on improving its network. For example, the move to Ethereum 2.0 and the integration of Layer 2 scaling solutions aim to make the network faster, cheaper, and more efficient.
These upgrades will not only improve Ethereum's performance but also attract more developers and users to the network. And as the technology behind major cryptocurrencies improves, it could lead to increased adoption and drive up prices. In addition, advances in other blockchain networks, decentralized finance (DeFi), and non-fungible tokens (NFTs) could further fuel interest in the market.
Institutional Adoption
Perhaps one of the most significant factors that could cause the crypto market to explode is the continued entry of institutional investors. When big players like hedge funds, banks, and corporations invest in crypto, it creates a wave of confidence in the market. We've already seen companies like BlackRock, PayPal, and Tesla getting involved in cryptocurrencies, whether through investments, partnerships, or enabling crypto payments. As more institutions adopt digital assets, the market becomes more legitimized and stable, which attracts even more investors. The growing interest from traditional financial firms signals that the future of cryptocurrencies is being taken seriously, and as institutional money flows in, it could lead to major price increases.
These factors, combined with a general increase in public awareness and interest in cryptocurrencies, make the market ripe for a potential explosion, and while it's impossible to pinpoint an exact date, keeping an eye on these key developments can give investors valuable insights into when the next big wave might hit.
Final Word
In sum, as the stock market continues its upward momentum, the five cryptocurrencies mentioned in this guide - Crypto All-Stars, Bitcoin, Mega Dice Token, Ethereum, and Shiba Shootout - are well-positioned to capitalize on future market trends. Each one of these tokens offers a mix of stability, innovation, and potential for explosive growth.
Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
