Press Releases are sponsored content and not a part of Finbold’s editorial content. For a full disclaimer, please . If you encounter any issues, kindly report them to [email protected]. Crypto assets/products can be highly risky. Never invest unless you’re prepared to lose all the money you invest.
With 2023 coming to a close and the Bitcoin halving occurring shortly after, now is the best time to identify projects primed to explode.
While some cryptos have surged recently, there are plenty more projects displaying massive upside potential. This article presents the six cryptos that could be next to explode in 2023.
Next Cryptos To Explode For Your Watchlist
Our list starts off with a brand-new ICO:
Bitcoin Minetrix: Presale Stake-to-Mine Project Providing Passive Bitcoin Rewards, Raised $3.6 Million in 6 Weeks
Bitcoin Minetrix ($BTCMTX) is a revolutionary project enabling users to cloud mine Bitcoin without hardware or technical expertise.
The project is undergoing a presale and has amassed over $3.6 million in six weeks. This indicates tremendous community interest, increasing the chance of a significant uptick in price after its presale.
Currently, the presale is priced at $0.0115, but this is set to increase by 10% in four days, so potential investors must hurry.
Countless prominent traders back Bitcoin Minetrix. For instance, Joe Parrys Crypto labeled it as “big potential”, while Jacob Bury predicted it could 10x.
The project presents immense value to the Bitcoin ecosystem by enabling anyone to get started mining Bitcoin. There is very little required other than an Ethereum-compatible wallet and $BTCMTX tokens.
Users simply stake $BTCMTX to earn Bitcoin mining credits. They then burn these credits for cloud mining power, which earns them free Bitcoin.
As such, Bitcoin Minetrix could significantly bolster Bitcoin mining’s mass adoption, and the $BTCMTX token’s pivotal role could translate to massive upside potential.
With that in mind, those looking to buy should act now to secure the best price.
Visit Bitcoin Minetrix Presale
Chainlink: Decentralized Oralce Network That Recently Upgraded Its Token Utility and Released CCIP
Chainlink (LINK) was one of the top-performing cryptos from its launch until 2021, thanks to its tremendous utility within the cryptocurrency industry. The project is used by almost all other protocols as a decentralized oracle network to bring off-chain data on-chain.
Essentially, Chainlink’s primary use is transferring cryptocurrency pricing data between protocols in a secure and decentralized manner.
While this use case is already priced into Chainlink, the project has released another innovation set to take the market by storm. The feature is called Chainlink Cross Chain Interoperability Protocol (CCIP) and will enable the seamless and secure flow of liquidity and data between blockchains.
Chainlink’s decentralized oracles network makes this much safer than traditional blockchain bridges. Moreover, the LINK token will significantly benefit from CCIP since it will be used for transaction fees, adding a new stream of utility.
As such, the project could be poised to explode, as highlighted in a recent YouTube video by VirtualBeacon.
LINK has performed well recently, up 2.5% today and a whopping 69% this month. While it has already pumped, it remains -75% from its all-time high (ATH), with significantly more utility than at that time. As such, we could see lots more upside movement as we head toward 2024.
TG Casino: Anonymous Crypto Casino Presale With Significant Advantage Over $750 Million Market Leader
TG Casino ($TGC) is a promising new crypto casino currently undergoing a presale. The crypto casino market has been booming recently, with the market leader Rollbit soaring 51% this month and currently holding a $720 million market cap despite only launching in March.
So far, TG Casino has raised $1.7 million in its presale and has a presale goal of $2.5 million. With 40% of its total supply available in its presale, this provides tremendous upside potential, and 100x gains should not be ruled out.
TG Casino boasts several advantages over Rollbit, like user anonymity, a more seamless process to get started and place bets, being regulated, and offering 25% cashback on all losses for $TGC holders.
The project also features a cutting-edge buyback mechanism that repurchases $TGC tokens from the open market with a portion of the casino’s revenue. It will allocate 60% of these tokens to staking rewards and burn 40%, bolstering its supply and demand dynamics.
Moreover, TG Casino boasts numerous other utilities like a 296% staking APY, free rewards, and access to exclusive games and rooms. These benefits will all drive extra demand, helping increase the $TGC price.
Yet, as the presale quickly nears its end, those looking to buy should act fast to avoid missing out.
Visit TG Casino Presale
Bitcoin ETF Token: Newly Launched Presale Focused on Upcoming Bitcoin ETF Approval With Staking and Burn Mechanism
Recently, the main driving factor for crypto prices is the SEC’s anticipated approval of Bitcoin ETFs in Q1 2024. This is expected to potentially attract trillions of dollars in liquidity to the crypto markets, and the new presale Bitcoin ETF Token ($BTCETF) aims to captivate this bullish momentum in its new protocol.
The project features a unique staking and burning model, where users can stake $BTCETF to earn passive rewards while token burns will coincide, reducing the supply.
Early investors benefit the most from the staking mechanism, which currently offers a staggering 5,270% staking APY. However, this figure will decrease as the staking pool grows, incentivizing traders to buy in as early as possible.
Meanwhile, the project’s burn mechanism is set to burn 25% of the token’s total supply, burning 5% at five key events in the Bitcoin ETF journey. This aims to reduce the supply when hype and euphoria are highest, creating monumental impacts on the $BTCETF price.
Currently, investors can buy Bitcoin ETF Token for its lowest-ever presale price of $0.005, but they must be fast because a price increase is set to occur in three days.
Visit Bitcoin ETF Token
Meme Kombat: GambleFi Meme Coin With 112% Staking APY Raises $1.2 Million at Presale
Meme Kombat ($MK) is a compelling new project blending two of the industry’s hottest trends of meme coins and crypto gambling. The project enables users to gamble on AI-generate battles between infamous meme coin characters to earn crypto rewards.
The project boasts significant advantages over traditional meme coins like utility, a doxxed team, and an audited smart contract. However, it still benefits from the viral allure of meme coins and is heavily community-centric.
It also holds an advantage over traditional crypto casinos because it gamifies the experience, potentially making it more fun and attracting a new audience.
What’s more, it also features a staking mechanism with a 112% APY. This is anticipated to bolster community engagement while reducing sell pressure.
These factors have driven significant interest from the community and renowned industry analysts. Cilinix Crypto recently published a video on the project, stating that it could potentially be the next cryptocurrency to explode.
Meanwhile, the Crypto News YouTube channel believes that Meme Kombat’s use case and presale success means it is set to explode after its IEO.
Potential investors can buy $MK for $0.183, but they must hurry because a price rise is set to occur in just three days.
Visit Meme Kombat Presale
Lido DAO: Liquid Staking-Protocol With $16.9B Total Value Locked (TVL)
Investors bullish on Ethereum should consider Lido DAO, a liquid staking protocol that controls the largest market share of Ethereum’s staking pool and validator network.
Users can deposit their ETH into the Lido DAO protocol and delegate it to stakers to earn passive rewards. Users also receive a liquid Ethereum (stETH), which they can use for other yield farming purposes.
Lido DAO’s native token, LDO, governs the protocol, making it a vital part of the Ethereum ecosystem.
Because Lido DAO holds the largest Ethereum staking market share, it has substantial control over the Ethereum network. This renders LDO of significant value to leading market players, presenting a potentially lucrative opportunity for traders.
Currently, LDO holds a $1.7 billion market cap, with 89% of its supply already in circulation. This means any additional demand that arises throughout the bull market will positively impact its price.
Lido DAO is currently priced at $1.99, up 25% this month but down 81% from its ATH.
This news is republished from another source. You can check the original article here