Next Cryptocurrency To Explode In 2023

Last Updated October 12th 2022
15 Min Read

In this post, we will introduce you to what we consider the next cryptocurrencies to explode in 2023. These have one of the highest growth potentials, are proven to be most resilient, have solid fundamentals, and are expected to have the fastest rebounds.

We start by observing that for the better part of 2022, the crypto market was downtrending. So far, it has shed more than two-thirds of its market cap, and the majority of crypto prices have shrunk by between 60% and 90%+. 

Moving forward, however, the majority of cryptoanalysts, investors, and finance world thought leaders are convinced the market is ripe for recovery. They believe the market will explode soon, with the majority of coins recapturing their past peak price and racing to new highs.

But what will be the top 10 next cryptocurrencies to explode in 2023? The digital assets that deserve a position in your crypto portfolio.

Let us discuss these cryptos below, learn how to find them, and where to buy them.

Top 10 Next Cryptocurrencies To Explode In 2023

Here is an outline of what we consider the next cryptocurrencies to explode in 2023.

  • Ethereum (ETH)  Most Promising Crypto To Buy In 2023
  • Ripple (XRP)  Cheap Crypto With Massive Growth Potential
  • Cardano (ADA)  Undervalued Crypto With Huge Rebound Potential
  • ApeCoin (APE)  Best New Crypto Buy Before 2023
  • Solana (SOL)  Best Ethereum Alternative To Invest In Before 2023
  • Shiba Inu (SHIB)  Best Meme Coin To Buy Before Next Crypto Rally
  • Decentraland (MANA)  Fastest Growing Metaverse Project
  • Binance Coin (BNB)  One Of The Most Resilient Exchange-Based Crypto
  • Uniswap (UNI)  Next Cryptocurrency To Explode In The DEX Niche
  • Bitcoin (BTC)  Stable Cryptocurrency With Growing Use Cases

 

buy cryptocurrencies

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

In the next section, we discuss some of their core features and tell you why they are worth investing in today. We will also look at how they performed in the past and explore their projected long-term price direction.

A Detailed Overview Of The Top 10 Next Cryptos To Explode In 2023

Our analysts and the majority of investors and forecasters are confident that the following 1o cryptocurrencies will have the fastest rebound. They, thus, have the highest potential of helping grow your crypto portfolio in 2023 – when the crypto market is expected to start recovering.

1. Ethereum (ETH) – Most Promising Crypto to Buy in 2023

Several factors make Ethereum one of the next cryptos to explode in 2023. The first is its unmatched resilience, which indicates that ETH will most likely survive this market downturn. That it will recapture its 2021 peak prices and most likely set aim for a new price record as soon as the market starts recovering. Its past price action has also proved to us that ETH token prices will rise and fall in line with the rest of the market. Therefore, possible recovery in 2023 will go a long way in pushing up ETH prices.

Secondly, the majority of analysts, investors, and forecasters are convinced that ETH is yet to cash in the recent developments that took place on its network. In particular, they argue that the ETH is yet to price in The Merge – the historical transition from the PoW to the PoS consensus mechanism. Therefore, as soon as the market starts recovering, they expect ETH tokens to quickly gain the 400% needed to recapture its November 2021 all-time high and race to a new price record.

Additionally, there have been a lot of developments, collaborations, and program launches in the Ethereum ecosystem throughout the contraction period. These have helped make ETH more popular and increased its use cases while the new-staking program removes significant portions of ETH from circulation. These are all expected to catapult ETH prices to unprecedented heights both over the short and longer terms.

buy eth

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

2. Ripple (XRP) – Cheap Crypto with Massive Growth Potential

In December 2020, the SEC filed a suit against Ripple in the US federal courts. Close to two years later, the protracted court battle has disoriented XRP’s token prices. Even as the market and virtually all other cryptos jumped to new heights during the early and late 2021 crypto market rallies, Ripple couldn’t gather enough momentum to break above the highs set in January 2018.

Why, then, do we feature it among the next cryptocurrencies to explode in 2023? For starters, the case is nearing its end, and both parties have asked the court to hasten its decision-making – with the verdict expected in the first quarter of 2023. There is a lot of optimism that Ripple will actually win this – a move that awakens an unprecedented upward price correction for XRP tokens.

We also feature it here because it is resilient and respects the crypto market direction – rising when the market rallies and dipping when it crashes. The SEC vs Ripple case verdict notwithstanding, a recovering crypto market will trigger a gain for XRP token prices. Analysts are even convinced that it could rally by at least 300% needed to recapture its 2021 highs.

Additionally, there have been a lot of developments in the Ripple ecosystem. The number of banks interested in partnering with the network has, for instance, increased exponentially. These gains have, however, been overshadowed by the court proceedings and are not priced in yet. A positive verdict is therefore expected to trigger a massive value gain for XRP – which further affirms its position among the next altcoins to explode in 2023.

buy ripple

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

3. Cardano (ADA) – Undervalued Crypto with Huge Rebound Potential

Cardano was recently voted the most interesting cryptocurrency on social media. Time and again, it has been hailed as the safest blockchain technology. And ADA tokens are also among the most staked altcoins in the crypto-verse. Not forgetting that it has aggressively safeguarded its position among the top 10 most valuable cryptocurrency projects.

But these notable achievements notwithstanding, Cardano remains one of the most undervalued altcoins. We, therefore, feature it among the top 10 next cryptocurrencies to explode in 2023 because we expect it to begin price coercing upwards soon.

To understand how the price driver is expected to influence ADA’s expected value gains, we first need to understand that it has only been this underpriced because of its low dynamicity. Most recently, however, it started to address this challenge by speeding up its integration of emerging crypto technologies – starting with the smart contract feature. Moving forward, we expect it to onboard more technologies that will improve ADA’s use cases – effectively pushing up its token price.

Other factors that help it make it here include its proven resilience and growing collaborations with both off- and on-chain brands. Not forgetting its respect to the crypto market direction – rising when the market rallies and vice versa.

buy Cardano

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

4. ApeCoin (APE) – Best New Crypto Buy Before 2023

Launched in March 2022, ApeCoin is the newest altcoin on this list of the next cryptocurrencies to explode in 2023. We list it here because it launched during a market contraction period that analysts feel suppressed its breakout power. And as the market heads to recovery, we expect APE tokens to resume their March 2022 rally and spring to new heights.

We observe that highly potent coins like Solana and Shiba Inu that launch under near-similar circumstances eventually broke into unimaginable highs during the next market recovery. And we expect ApeCoin to follow this trend and break into a massive run over the next few months.

But this isn’t the only reason why we believe it to be among the next cryptos to explode in 2023. We also expect it to leverage different crypto crazes on its journey up – starting with a revived meme frenzy, the NFT craze, and the metaverse frenzy. All these, plus APE’s solid base of supporters – most of them celebrities and crypto influencers – are expected to play a critical role in driving up the token’s prices.

buy Apecoin

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

5. Solana (SOL) – Best Ethereum Alternative to Invest in Before 2023

Solana is the fastest-growing blockchain ecosystem, the best Ethereum alternative, and one of eth next cryptocurrencies to explode in 2023. It has performed exemplarily well in the past, rallying by more than 130000% in less than two years and also proved its resilience by surviving the volatile 2021 market crash but even more importantly, it has solid fundamentals and a hugely promising future. And all these influenced our decision to feature it here.

Note that over the last year, Solana has lost more than 80% of its peak prices. But we still include it here because we expect it to post a swift rebound that helps it gain the 850%+ needed to recapture the November 2021 highs.

We must also observe that for the past few months, Solana has been engaged in an aggressive expansion campaign for its ecosystem. This saw it integrate virtually all the most popular emerging crypto technologies, including Web3, NFTs, Metaverse, P2E games, DeFi, dApps, and more. Several massively popular crypto programs and tokens have also been launched here.  

Not forgetting that the number of on- and off-chain brands looking to build on the Solana network are on the rise. All these are expected to increase the use cases for SOL tokens – effectively pushing up their price. And they, alongside a recovering market, add to the reason why we consider Solana among the next altcoins to explode in 2023.

buy solana

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

6. Shiba Inu (SHIB) – Best Meme Coin to Buy Before Next Crypto Rally

Shiba Inu is one of the most popular and valuable meme currencies. It has a reputation for resilience and an uncanny ability to record some of the fastest rebounds after a crypto market dip. This makes SHIB one of the best meme coins to buy before a crypto market rally and among the best cryptocurrencies to explode in 2023.

This reputation was earned during the early 2021 crypto market rally when SHIB token prices rallied by more than a million-fold in less than three months. It would then post an equally speedy rebound after the mid-May crypto market crash, effectively rallying to its current all-time high.

We, obviously, do not expect it to post similar growth rates any time soon. But several factors influenced our decision to feature it among the next altcoins to explode in 2023. These range from its massive popularity from celebrities and crypto influencers who won’t shy away from instigating artificial price pumps to boost SHIB token prices.

Additionally, a recovering crypto market, together with the many positive developments taking place in the Shiba Inu ecosystem, are also expected to trigger a value gain for the meme coin.

buy shiba inu

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

7. Decentraland (MANA) – Fastest Growing Metaverse Project

Decentraland is the pioneer metaverse project and one of the most popular virtual world projects. This popularity is evidenced by the many on- and off-chain brands looking to partner with the metaverse. And they include Samsung, JP Morgan, Adidas, Coca-Colas, Starbucks, and more. These have bought parcels of virtual land on Decentraland and are looking to build projects here. This has helped prop up investor interest investors earn interest in the project and its MANA tokens.

They have also helped these tokens sustain an uptrending price action since their launch. And when the market recovery kicks in, we expect MANA to resume its 2021 rally, recapture its all-time high, and race to a new price record. And this is the primary reason why we included it in our basket of the next cryptocurrencies to explode in 2023.

Other reasons why we feature it here include the fact that we expect its massive base of supporters and leverage of different crypto frenzies to help catapult MANA tokens to unimaginable heights in 2023. The metaverse, for instance, already incorporates NFT technology and is expected to increase the number of play-to-earn games on its network. These are expected to burst into massive trends that will most likely drive MANA token prices to record highs. 

buy decentraland

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

8. Binance Coin (BNB) – One of the Most Resilient Exchange-Based Crypto

The Binance Coin is the utility token for the Binance exchange and the native token for the fast-growing Binance Smart Chain. The altcoin launched in late 2017, and by the time it peaked in late 2021, it was trading more than 450000% above its ICO price. Today, however, it has dipped and is trading more than 60% below this all-time high.

Such a massive dent to its prices notwithstanding, we still include it in our basket of the next cryptocurrencies to explode in 2023. And we feature it here because it has proved to be one of the most resilient altcoins. But even more importantly, we include it here because Binance is committed to the regular burning of BNB tokens. This reduces token supply, which alongside a recovering crypto market, fuels its future gains.

We must also recognize that over the last few months, Binance was engaged in an aggressive acquisition and partnership campaign. This saw it on board a lot of crypto brands, programs, and protocols that increase BNB token’s use cases, which will effectively push up the token prices to unprecedented heights.

buy binance coin

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

9. Uniswap (UNI) – Next Cryptocurrency to Explode in the DEX Niche

Uniswap is the largest and most popular decentralized crypto exchange. Established in 2018, it has since onboarded more than 3 million crypto traders and investors who have traded more than $1.1 Trillion worth of crypto and locked more than $7 Billion in its liquidity pools.

These, alongside its resilience, helped keep UNI token prices on an uptrend, which is one of the reasons why we list it in our index of the next cryptocurrencies to explode in 2022.

 We also feature it here because its growing use case is expected to have a significant impact on its prices. Note, for instance, that the Uniswap exchange has been integrated into 300+ crypto dApps and programs.

That the number of traders/investors registering with the DEX is on a sharp uptrend as more crypto enthusiasts turn to privacy-focused crypto exchanges heightens. And all these are expected to help push up UNI token prices.

buy uniswap

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

10. Bitcoin (BTC) – Stable Cryptocurrency with Growing Use Cases

Bitcoin is the largest, most popular, and most valuable cryptocurrency in the world today. It is also considered the most stable of the cryptocurrencies. But even more importantly, it is considered the most resilient in the market, as evidenced by its swift recovery from the 2013, 2017, and 2021 crypto market crashes.

We, therefore, list it among the top 10 next cryptocurrencies to explode in 2023 because we expect it to survive the current dip and rally to new heights during the next market rally.

We also include it here because there have been a lot of developments around the coin that are bound to trigger an uptrending price action. These include the increased adoption of Bitcoins as a payment option and legal tender by most companies and even nation-states. They increase the demand for BTC against a fixed supply of 21 million tokens – which only serves to drive up its value.

Additionally, Bitcoin has one of the most promising futures and the backing of the most reliable blockchain technology. By the turn of the decade, for instance, the crypto market is convinced that it will have grown its current worth by more than 5000% to break above $1 Million. We, therefore, feature it among the next altcoins to explode in 2023 because we expect the journey to this level to begin in the next few months when the market starts recovering.

buy bitcoin

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

How To Find the Next Cryptocurrency To Explode In 2023

Finding the next cryptocurrency to explode in 2023 doesn’t have to be complicated. Here are a few considerations that you need to pay attention to when determining the best crypto to invest in before 2023:

  • Resilience: Your preferred crypto should have a history of proven resilience. This refers to the ability to rebound quickly after a market crash.
  • Price action: Your preferred cryptocurrency should also have a history of stellar price performance. It should have an overall uptrending price action and is expected to sustain this momentum in the short to longer terms.
  • Fundamentals: It should also have solid fundamentals. These range from the coin’s token supply, its use cases, the relevance of its underlying blockchain technology, and its developer team.
  • Adoption/collaborations: It is also important that your preferred crypto coin and blockchain technology have real and urgent use cases. And this is best evidenced by its adoption or collaborations with both on- and off-chain brands.

Where To Buy The Next Cryptocurrency To Explode In 2023

Having read this far, you now know what you need to look out for when finding the next cryptocurrency to explode in 2023. We have also told you about the 10 cryptos with the most potent to blow up in the next few months. But where can you use these digital assets today?

Here are our three top picks for the best exchanges to buy cryptocurrencies in 2023:

eToro – Best exchange for user friendliness and copy trading

eToro is one of the most beginner-friendly crypto exchanges. It has a highly intuitive interface, lists all the popular cryptos, lets you start investing with as little as $10, supports a wide array of deposit/withdrawal methods, and gives users free digital wallets. You will also have access to copy and social trading tools that let both beginner and expert investors earn passively.

buy cryptocurrencies

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Crypto.com – Best crypto exchange for passive investing

Cryto.com is an equally popular and user-friendly crypto exchange. It lists more than 200 cryptocurrencies and more trading pairs only needs a $20 deposit/trading minimum, gives users free wallets, and maintains ultra-fast transaction processing speeds. But more importantly, it runs a staking tool that pays investors up to 14.5% interest on staked digital assets.

Binance – Best crypto exchange for low trading fees

Binance is the largest and most liquid crypto exchange in the world. It also lists the widest range of cryptocurrencies and trading pairs, only calls for a $1 investing minimum, runs an intuitive interface, and maintains ultra-fast transaction processing speeds.

It also integrates one of the widest ranges of passive investing protocols and programs and provides users with free custodial and non-custodial wallets. But more importantly, it runs the largest crypto-focused insurance fund – in excess of $1 Billion.

Conclusion – Next Cryptocurrencies To Explode In 2023

The crypto market is ripe for a rebound, and a growing number of analysts believe it will take place in 2023. This creates the need to create a portfolio of the next cryptocurrencies to explode in 2023 and start accumulating them.

But identifying cryptos that are expected to rally the most in the next few months can be tricky. This guide, however, introduces you to what everyone believes to be the next altcoins to blow up, tells you how to identify them, and where to buy them.

Do you want to jump straight to buying any of these digital assets? Start by creating a crypto trader account with eToro, deposit funds, choose the crypto to invest in, and proceed to place a buy order.

eToro – Best Platform To Buy Next Cryptocurrencies To Explode

Open an account with eToro, deposit some funds with USD, and finally – buy cryptocurrencies for just $10.

etoro cryptocurrency trading

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

FAQs About Next Cryptocurrencies To Explode In 2023

Which crypto will explode in 2023?

Ethereum will most likely be the first to explode as soon as the market starts recovering in early 2023. That said, we have included nine others equally potent cryptos in this guide.

Which is the best cryptocurrency to buy today?

Above, we have discussed the top 10 cryptocurrencies that we believe have the most potential to grow and rally to unprecedented highs over the next few months.

Which crypto has the most promising future?

At the moment, Ethereum can be said to have the most promising future because The Merge opens it up to new growth opportunities that will catapult its token prices to new highs.

Are cryptocurrencies worth buying in 2023?

Yes, cryptocurrencies are worth buying in 2023 because they are expected to sustain their uptrending price action throughout the year and beyond. They are also worth buying in 2023 because they are still trading at the dip and are ripe for massive gains.

Read More:

Best Altcoins To Buy

Fastest Growing Cryptocurrencies

Top 10 Most Searched Cryptocurrencies

12 Best Cryptocurrency To Buy Right Now

Most Sustainable Cryptocurrency To Invest In

Top 10 Cryptos With The Most Upside Potential

Best Future Crypto Coins To Buy

Best Beginner Crypto To Invest In

Best Crypto To Buy Right Now On Reddit