Meme Coins Pump As Bitcoin Price Hits New All-Time High

After 7 months of choppy price action, the crypto bull run is finally underway, as is the highly-anticipated meme coin supercycle. 

Bitcoin continues to hit new all-time highs on a daily basis, trading as high as $82,400 on Monday. The much-awaited Dogecoin parabola rally has also started, with the meme coin market leader surpassing the $40 billion valuation for the first time since September 2021. 

Smart money investors are already gearing up for the classic capital rotation, expecting the profits to flow into undervalued altcoins that could skyrocket next. 

Which Is The Next Crypto To Explode? 7 Possibilities

Experts believe the crypto market is currently in the “everything pumps” phase. The extreme bull market euphoria has sent even some of the usual underperformers like Cardano soaring.

However, a select few crypto assets have the potential to outpace the broader market, driven by factors such as mainstream appeal, robust fundamentals, or bullish technical indicators.

In this article, we list the 7 next crypto to explode, each with the potential to deliver outsized returns in the coming weeks.

Near Protocol (NEAR)

$NEAR appears to be on the cusp of an explosive move. 

Near Protocol is a Layer-1 blockchain, designed for cloud computing and AI, featuring fast transaction speed, high network throughput and excellent interoperability. Its native cryptocurrency, $NEAR, is up by 7% over the past month and 40% over the past week. 

$NEAR has already secured a breakout from its multi-month descending trendline. It is now testing the 200-day Simple Moving Average at $5.32 and the key $6.1 horizontal resistance level. 

A flip above these levels could pave the way for new all-time highs. 

Prominent crypto investor Michael van de Poppe echoes this bullish sentiment for $NEAR, expecting the AI coin to trade between $15 and $20 in the next 3-6 months. 

Popcat (POPCAT)

Popcat is another excellent bet for the next crypto to explode. 

The blue-chip Solana meme coin has largely showcased consolidatory price action since hitting its all-time high of $1.80 two weeks ago. However, it appears ready for the next upside move. 

For instance, the popular meme coin influencer Murad Mehmudov remains convinced that the Popcat price is set to skyrocket to $5 in the coming weeks. Its Binance Futures listing, the cat narrative and strong performance this year are the key factors behind his conviction. 

In particular, POPCAT is currently at an excellent level for swing traders. For instance, prominent analyst UNKNOWN TRADER has opened a long position on the Solana meme coin, with price targets of $1.7, $1.865 and $2.12. 

Sei (SEI)

The ‘alt-season’ is underway and utility coins are back in fashion. With the Sui coin already skyrocketing, experts believe Sei – another Layer-1 token – is the next crypto to explode. 

Prominent crypto analyst Ali Martinez projects that the SEI price could rally to $1.60 in the coming weeks, which would be more than a 3x move from its current $0.47 price. 

In fact, Martinez’s Sei price prediction is considerably more conservative than other analysts. For instance, ProfessorAstrones with nearly 200k X followers expects the L1 coin to reach $15 in 2025. 

Experts are also bullish on its strong fundamentals. For instance, the Sei network saw the 5th most transactions in 2024, which bodes well for its mainstream adoption. 

Degen (DEGEN)

Experts believe that the Degen meme coin is highly undervalued, making it an excellent candidate for the next crypto to explode. 

Despite being one of the latest listings on Coinbase, DEGEN has a market capitalization of under $200 million, despite a 50% rally on Monday. 

The Base meme coin has already broken out and appears poised for a new all-time high. If true, this would represent 5x growth for new DEGEN buyers. 

Swing traders are also opening long positions on the meme coin, expecting $0.17 in the coming days, owing to the formation of a cup-and-handle pattern on its price chart. 

There is also growing speculation that Degen could be the next Binance listing, which would make it one of the rare few memes to be available on both Binance and Coinbase. 

Snek (SNEK)

Cardano finally showcased bullish strength following Donald Trump’s big victory after news broke that its founder, Charles Hoskinson, is closely working with the Trump administration. 

Unsurprisingly, Snek (SNEK), one of the top meme coins on Cardano, surged as well, rallying by 70% over the past month. 

However, SNEK may still be heavily undervalued, considering it is trading at a market cap of just $120 million, over 30% below its all-time high. 

Moreover, Cardano is expected to continue its bullish momentum in the lead-up to Donald Trump’s inauguration on January 20th. Owing to the strong correlation between ADA and SNEK, the latter could potentially deliver outsized returns as well. 

FreeDum Fighters (DUM)

The PolitiFi narrative isn’t dead after the election. 

For instance, Tooker Kurlson (TOOKER) saw a 240% growth in the past week. Meanwhile, Super Trump (STRUMP) is up by more than 50% on Monday. 

Similarly, a new PolitiFi coin – FreeDum Fighters (DUM) – is stealing the spotlight.  DUM is a microcap meme coin that is still in the presale phase. 

However, its gamified, entertaining perspective is creating quite a buzz, with the meme coin having already raised nearly $500k in its ICO. 

The project is simulating American politics in an alternative universe. DUM holders get to pick from two champions – MAGATRON or KAMACOP 9000, each with their own staking pool. Holders can cast their vote by staking their coins in either pool and earning attractive rewards in return. 

Prominent crypto influencers are already impressed with DUM’s upside potential, with some even calling it the next 100x crypto. 

Pepe Unchained (PEPU)

Pepe Unchained (PEPU) has already established itself as one of the hottest presales of 2024, with over $26 million raised. 

Frog meme coins are back in demand, with experts projecting Pepe (PEPE) to potentially hit a $50 billion market cap in 2025. Unsurprisingly, smart money investors are frantically searching for its low-cap alternatives, with PEPU emerging as one of the top candidates. 

Pepe Unchained isn’t a run-of-the-mill token. It is a high-utility project, looking to create a new Layer-2 ecosystem, designed specifically for meme coin trading.

The ecosystem will have its own meme coin launchpad, an L2 chain and cutting-edge tools like DEX, block explorer and advanced analytics. 

The meme coin has its own staking pool, which is currently offering an APY of over 90% to early buyers. 

Smart money investors are highly bullish on PEPU’s upside potential, with most eyeing anywhere between 10x to 100x returns. 

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Source: https://en.cryptonomist.ch/2024/11/11/meme-coins-pump-as-bitcoin-price-hits-new-all-time-high-which-is-the-next-crypto-to-explode/