5 Next Cryptocurrency To Explode In 2023 - Savvy Investors Anticipate A Boom In The Altcoin Market

The altcoin market looks promising, and many altcoins are recording gains. Bitcoin (BTC) is still struggling to return to its all-time high of $70K

Keep an eye on these five cryptocurrencies as they might explode next. We’ve covered everything from upcoming meme coin projects to established DeFi protocols, so there’s something for every taste.

Investors are flocking to upcoming meme coin projects like Crypto All-Stars in search of the next big return. This project is introducing the first-ever MemeVault Ecosystem, which will allow holders of different meme coins to earn rewards through its native token, $STARS. By uniting a variety of meme coins under one platform, Crypto All-Stars offers multi-token and multi-chain staking, making it easier for users to manage their investments.

During its presale, Crypto All-Stars raised $2.27 million, close to its target of $2.5 million. The token is priced at $0.0015007, with an expected increase in less than two days. Early adopters have a limited time to join before the presale ends.

With an anticipated alt season approaching, Book of Meme (BOME) is one of the projects expected to benefit. Currently, BOME is trading at $0.009551, showing a 20.32% increase in the last 24 hours and a 49.58% gain over the past 30 days. Its RSI is 44, indicating it’s undervalued and could be a good buy at the current price. If the alt season takes off, BOME could reach $0.02 at its peak.

Pendle is gaining attention in decentralized finance (DeFi) by introducing a unique way to trade future yields. This feature allows users to enhance their returns by interacting with other DeFi platforms through smart contracts. Pendle’s system enables trading on future returns for various assets, creating more opportunities for yield generation.