7 New Cryptocurrencies Promise to Explode in 2024

Although the cryptocurrency market has experienced a slight downturn recently, there are still many future growth opportunities for this market. Bitcoin is currently approaching its all-time high and the quadrennial halving event is also coming in a month.

History shows that this is a potentially highly profitable period for the cryptocurrency market, while also providing a positive outlook for traders and investors.

But not all cryptocurrencies work the same. Therefore, this article will cover the market trends, use cases, prices and expert opinions thereby identifying the 7 best alternative cryptocurrencies that could explode in 2024 without you should buy it now.

Based on the criteria mentioned above, the top choices given are Dogecoin20, Green Bitcoin, eTukTuk, 5th Scape, Render, Kaspa, and Book of Meme.

Find out the details about each of these cryptocurrencies below.

Kaspa

Kaspa is a decentralized layer 1 blockchain and is capable of leveraging BlockDAG technology developments.

It is currently trading at $0.1204, down 9.23% today, 20.79% this week and 27.72% this month. However, it is still up 761% this year.

KAS currently holds a market capitalization of 2.7 billion USD and a 24-hour trading volume of 84 million USD, up 40% year to date.

With continued growth momentum this year, the recent downturn could present an opportunity for investors to buy the token at a bargain price before the next bull run takes place.

Kaspa is considered “the fastest, open source, decentralized and scalable Layer-1 blockchain network worldwide,” according to information on the project's official website. The important difference between Kaspa and other Layer-1 networks is that Kaspa allows the creation of parallel blocks.

This allows block generation times to be significantly reduced, with an average of one block being created every second. This project aims to achieve 0.1 seconds per block in the future. Following in the footsteps of Bitcoin and Monero, Kaspa kicks off the project with an official launch, facilitating long-term growth and sustainability over the long term.

A famous analyst named RVCrypto recently called Kaspa his “most solid portfolio.” At the same time, this analyst also mentioned the possibility of being listed on the Binance exchange in the near future, contributing to the project's price increase.

RVCrypto said, “A Binance listing researcher said ‘it's not a question of if but when. I expect strong price increases when the listing happens. Currently, Kaspa's market capitalization is equivalent to that of Bitcoin in 2013.

In short, Kaspa is a blockchain network that aims to provide fast and scalable solutions through parallel block generation. The launch and possibility of listing on Binance has attracted the attention of analysts, creating optimism about the future growth potential of this project.

Dogecoin20

Inspired by the original Dogecoin meme coin, Dogecoin20 is an ERC-20 token with advanced utility and sustainable token system.

After holding the Presale, Dogecoin20 achieved resounding success by raising more than $4.2 million within 7 days.

Presale projects such as Book of Meme and Slerf have increased in price and market value to hundreds of millions of dollars after their recent launch. This brings great potential to Dogecoin20.

​This project addresses Dogecoin's shortcomings, creating an attractive alternative to the $18 billion Dogecoin digital currency.

One of Dogecoin's biggest problems is its lack of usefulness. Dogecoin20 solves this problem through its exclusive Stake-to-Earn mechanism, allowing holders to generate investment profits without actively working, helping them increase their passive income.

Currently, holders can achieve an annual yield of 307%, but this number is expected to decrease as more tokens are staked.

Dogecoin20 also follows in Bitcoin's footsteps, applying the "sound money" principle to prevent inflation and stock dilution effects.

This creates an attractive advantage over Dogecoin – which is often criticized for the infinite supply it offers.

Although the launch of Dogecoin20 has been a huge success, the question of urgency is also starting to arise. With $4.2 million collected and a maximum supply limit of $6 million, time to buy during the Presale is running out.

Furthermore, the token price will gradually increase throughout the event, with the next increase occurring when proceeds reach $4.6 million.

Green Bitcoin

Green Bitcoin is an attractive alternative to Bitcoin on the Ethereum blockchain. By integrating a predict-to-earn mechanism into the project, Green Bitcoin offers multiple ways for holders to double their investment.

This project is currently undergoing a Presale and has raised over $6.2 million to date. However, with a maximum limit of $7 million, the time to buy is limited.

Investors can also stake their tokens while the Presale is ongoing. Currently, token staking offers an annual yield of 92%, but this number will decrease as the staking pool grows larger. 64% of $GBTC tokens have been staked, showing strong market interest in passive income from $GBTC.

Bettors are also invited to participate in Green Bitcoin's earning prediction mechanism, where they can earn up to 100% bonuses. It works through users guessing whether Bitcoin price will increase or decrease the next day in exchange for rewards.

The project has attracted tremendous interest in the community. Analysts support the explosive success following the IEO that the project brings.

In a recent YouTube video, “low-cap gem” hunter Jacob Bury named it one of the “Top 5 Presales to Buy Before Bitcoin Halving.”

Currently, traders can purchase Green Bitcoin Presale for $1.0682. However, this price will increase when the total amount increases to reach 6.4 million USD

eTukTuk

​Join the artificial intelligence revolution as eTukTuk brings cutting-edge technology to the electric vehicle industry, preventing the severe impacts of climate change.

By placing electric vehicles and charging stations in strategic locations in developing countries worldwide, eTukTuk aims to reduce CO2 emissions, eliminate carbon-related health problems and minimize financial difference.

The project will kick off in Sri Lanka and has rapidly progressed by partnering with the country's largest private corporation – Capital Maharaja Group.

This is a remarkable achievement, but the integration of artificial intelligence further expands the project's positive outlook. eTukTuk leverages artificial intelligence for vehicle route optimization and predictive maintenance, to ensure the efficiency and longevity of the vehicle fleet and associated infrastructure.

The native $TUK token is the heart of the ecosystem and is used for value conversion and token staking.

This also addresses financial disparities, increasing access for the 1.4 billion unbanked adults worldwide.

eTukTuk's attractive features and solutions to real-life problems have attracted great excitement from leading media agencies.

Although the project is in its early stages, it has been reported by major newspapers such as Yahoo News, Bloomberg, Cointelegraph, and Coinspeaker.

Currently, eTukTuk is in the Presale phase and has collected $2.2 million. The current token price is $0.0285, but this number will increase within the next five days.

5th Scape

Virtual reality (VR) and augmented reality (AR) are an emerging field with great potential for blockchain integration. Since it is still in its early stages, projects can take advantage of a lot of opportunities to take it even bigger.

One of the best projects emerging is 5th Scape – a groundbreaking protocol that combines augmented reality and 3D gaming.

The project is in the early stages of Presale and has raised $1.5 million to date.

There are countless new features being introduced to give users a vivid and diverse experience with far-reaching advantages over traditional game versions.

5th Scape's first project is Cage Conquest – an interactive game with a mixed martial arts theme, with battles, champion's journey, tactical training and more.

$5SCAPE token plays an important role in this enhanced experience model.

5th Scape provides token staking (staking) services. In addition to passive rewards, token stakers also get exclusive in-game advantages and access to new features and games. $5SCAPE token will also exchange value through the ecosystem.

According to the project's official website, 80% of the tokens are allocated for the Presale, 10% for the project and development fund, 10% for liquidity. The current Presale price is $0.00215, which will increase over the next four days.

Render

Render is another cryptocurrency that leverages blockchain technology in an emerging industry. This project creates a decentralized GPU network, providing computing power to developers for power-intensive graphics processing.

Currently, the price of RNDR coin is $10.61, down 16% today and 4.61% this week, but up 72.22% this month and 624% on the year.

With a market capitalization of $3.9 billion and a 24-hour trading volume of $723 million, Render is used in areas such as virtual reality/augmented reality (VR/AR), media information, games and medical graphics.

Vinny Lingham presented real-life usage examples of the project, emphasizing that the Apple Vision Pro app is being powered by Render.

Render provides benefits such as efficient and flexible infrastructure, network scalability and improved digital rights management. Thanks to the power of blockchain, Render aims to surpass traditional cloud solutions, while delivering exclusive value and great growth potential.

Currently, Render is the artificial intelligence-related cryptocurrency with the largest market capitalization. It is a great asset for exposure to growing industry trends.

Additionally, Render's CEO will speak at GPU maker Nvidia's gaming-related conference this week. This increased the popularity of this project.

Book of Memes

Book of Meme is a new viral project based on Solana that has reached a market capitalization of 1 billion USD after just two days of launch. It became the fastest meme coin to achieve this feat, strengthening BOME's growing momentum.

The token is currently trading at $0.01118, down 15.57% today and 60.13% since its ATH. However, it has begun to show signs of recovery, bouncing from $0.0092 earlier today.

BOME's market capitalization is $627 million and its 24-hour trading volume is $2.5 billion, up 21% today.

Although it was only launched 5 days ago, this project has already created an impressive buzz, including listing on the major exchange Binance.

This raised suspicions as some analysts suggested that manipulation was taking place. However, Binance conducted an internal audit, found everything to be transparent, and the project also completely cleared its internal personnel from accusations of insider trading.

Ultimately, this confusion is not surprising given Book of Meme's unprecedented trajectory.

While its future remains to be seen, its distinction as the fastest meme coin to reach $1 billion is now part of blockchain history, providing a distinct narrative to fuel its growth potential. stronger.