Bitcoin is up 7% this week, while Ethereum is up 15% and XRP is up 26%. And with Bitcoin reaching a new all-time high (ATH) on Monday, it feels like only a matter of time before Ethereum and XRP do the same.
However, as seasoned investors know, it’s often smaller altcoins that yield the biggest gains during bull runs.
Investors who know what to look for – narrative alignment, strong tokenomics, and momentum – have the potential to generate substantial returns and well outpace the growth of top cryptocurrencies like Bitcoin and Ethereum.
So with that in mind, what is the next crypto to explode?
Bitcoin Hyper
Bitcoin Hyper is the new Bitcoin layer 2 blockchain built using the Solana Virtual Machine (SVM) tooling. The project brings low fees, high speeds, and smart contract support to the Bitcoin network.
Considering Bitcoin’s strength recently, having smashed its ATH and garnered record interest from institutions, Bitcoin Hyper certainly has narrative alignment.
And it also presents strong tokenomics. The project features a staking mechanism that incentivizes long-term holding, and $HYPER will serve as the network’s dedicated currency for transferring value – i.e gas fees and governance. This means that its demand will align with network usage, which translates to strong growth potential.
Lastly, the project is on a tear when it comes to momentum. It’s undergoing a presale and has raised $2.8 million so far. It has averaged over $100,000 in net inflows daily.
For a new project, they’re big numbers – and that amplifies its bullish outlook. Visit Bitcoin Hyper.
Stellar
Stellar is a layer 1 blockchain focused on payments. Its founder was also a co-founder of XRP, which inherently provides credibility. However, it differs from XRP since its core focus is on serving retail investors, not institutions.
Two key developments could lead to substantial gains in the weeks ahead. The first is Protocol 23, a community vote on 14 August to decide whether to add smart contract support.
This would fundamentally alter the use case of Stellar and open many more possibilities, putting it in direct competition with layer 1 blockchains like Ethereum and Solana.
Secondly, PayPal announced that it will launch its PYUSD stablecoin on the network last month. Currently, PYUSD only operates on Ethereum and Solana, underlining that Stellar is quietly positioning itself as a strong competitor.
As a result, excitement is building. The project has soared 84% in the past week. However, with a $14 billion market capitalization, it has significant room for growth to catch up with the likes of Solana, Ethereum, or XRP.
Snorter
During bull runs, meme coins are renowned for explosive gains. However, thousands of new meme coins launch daily, making it challenging for investors to cut through the noise and find projects with the strongest potential.
That’s why Snorter could be the next crypto to explode. It’s a meme coin trading bot built on the Solana blockchain. The project offers features such as copy trading and automated token sniping to help users identify the best cryptos to buy and invest before anyone else.
Other features include rug pull detection, private RPC infrastructure, dynamic stop losses, limit orders, MEV resistance, and staking.
$SNORT holders will receive trading fee discounts, paying just 0.85% fees. The industry average is 1.5%, so holding $SNORT will be a no-brainer for those serious about maximizing profits.
Adding to the excitement, the presale is gaining real traction, having raised $1.8 million so far.
However, price increases will occur throughout the presale, so potential investors should act quickly. Visit Snorter.
Bonk
Infrastructure plays like Snorter can generate demand beyond hype, often making them better-performing, more predictable alternatives to ‘pure’ meme coins that rely on narratives and emotion.
And now, Bonk has transformed from a pure meme coin to an infrastructure play. This occurred following the launch of LetsBonk, a meme coin launchpad that has captured the leading market share from Pump.fun.
Bonk’s price is up by a whopping 25% this week and 91% this month, making it one of the best-performing tokens. The reason for its success is simple: LetsBonk uses its fees to buy back $BONK from the open market, and then burns them.
So it’s not just creating new demand, but it’s actively reducing the Bonk supply. This reshapes Bonk’s supply and demand dynamics, significantly favoring long-term growth.
Factoring in its viral meme coin allure and blue chip status within the Solana space, it becomes clear that Bonk could be one of the strongest meme coins for this bull run.
This article is for informational purposes only and does not provide financial advice. Cryptocurrencies are highly volatile, and the market can be unpredictable. Always perform thorough research before making any cryptocurrency-related decisions.