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The crypto market is dynamic and is usually influenced by sentiments and external factors like the tension between Israel and Iran. Capital typically rotates toward high-utility and uniquely positioned tokens, but even now, investor interest is growing in select projects that combine strong fundamentals with community buzz and recent technical gains.
Several altcoins are showing breakout potential. From NFT projects to meme tokens to blockchain data platforms, here are the top tokens that could be the next cryptocurrency to explode.
Next Cryptocurrency to Explode
If you’re keeping an eye out for hidden crypto gems with explosive potential, the tokens in this article might be worth your attention. They offer exciting features, strong community backing, or at least promising price trends. Meanwhile, Snorter’s presale went live late in May and has been drawing quick interest for its Solana-based trading bot and premium DeFi tools. Read on to learn more about this presale token, as well as other tokens that made our list.
1. Story (IP)
Story Protocol’s recovery shows strength as it blends technical accumulation with growing partnerships. However, its future will depend on how well it can convert institutional support into active use of the protocol.
Since launching on several exchanges, the IP token has experienced mixed price movements, following the broader market trends. On July 6, it hit a daily high of $3.062, pushing its market cap to $873.96 million. At the time of writing, IP is trading at $3.05 with a daily increase of 5.14%, driven by a 2.29% rise in trading volume.
On June 28, Story was listed among the top crypto investments, following news of a $10 million fund partnership with OKX Ventures. That announcement has acted as a catalyst. Earlier, on June 23, the project jumped 15% after a whale buy and a teaser suggesting big updates on the way.
Story is building a Layer-1 blockchain aimed at transforming the $61 trillion intellectual property market. It allows creators, brands, and AI developers to register, tokenize, and manage their IP rights through a single platform. Licensing and monetizing intellectual property become easier and more efficient.
The IP Portal serves as more than a registration system. It turns intellectual property into earnings by connecting users to apps across the ecosystem, including ABLO, Verio, and Poster.Fun. Every IP listed can receive a clear, verifiable license that is minted within seconds.
2. Alchemy Pay (ACH)
Alchemy Pay (ACH) continues to bridge traditional banking with blockchain, creating a smoother payment experience for businesses, developers, and institutions. Its platform allows users to transact using fiat and crypto, bringing real-world usability to digital assets.
ACH recently saw a big spike in trading volume, jumping 143.16%. That momentum could drive further growth, especially since ACH has stayed above $0.018 even while Bitcoin was under pressure. A positive MACD histogram signals bullish momentum, and the RSI around 42 suggests buyers are still active.
Alchemy Pay’s upcoming blockchain and stablecoin, expected in Q4 2025, are also generating buzz. Its partnerships with Ripple for RLUSD and Backed for tokenized assets have helped build trust and excitement. These moves could be the groundwork for the next cryptocurrency to explode.
From fiat to #RWA, we’re making moves 📈#AlchemyPay now sits among the greats—officially listed on @BackedFi’s @xStocksFi partner board with Kraken, Bybit, Solana, and Chainlink.
Tokenized real-world assets just went major league ⚾$ACH pic.twitter.com/g6avpNZGwS— Alchemy Pay|$ACH: Fiat-Crypto Payment Gateway (@AlchemyPay) July 3, 2025
The team is also working to establish stablecoins as the go-to settlement method for internet transactions. Alchemy’s collaborations with major firms like Meta and PayPal are helping it weave stablecoins into everyday payment flows. Thanks to its blockchain expertise and strong industry ties, Alchemy Pay is shaping the infrastructure needed to support mass adoption of digital payments on a global scale.
3. Snorter Token (SNORT)
Telegram-based trading bots have become popular in the crypto market, handling billions in volume as traders seek faster and smarter ways to capitalize on opportunities. Snorter Token (SNORT), a new entry in the space, has already raised $1.57 million in its presale, showing strong early demand.
Built on Solana, Snorter takes full advantage of the chain’s high speed and low fees. It goes further by using custom RPC connections instead of standard public endpoints, which often slow down during peak traffic. These private routes prioritise Snorter’s transactions, allowing users to confirm trades faster and with lower latency.
This setup helps traders stay ahead, especially when networks are congested. By skipping the public mempool, Snorter users can often secure trades faster than others. The platform also offers low fees, with users paying just 0.85% per trade by holding the SNORT token, compared to the 1 to 2% charged by many competitors.
Holding $SNORT gives users the lowest fees and VIP-level bot speed. pic.twitter.com/51vs0YKdro
— Snorter (@SnorterToken) July 6, 2025
Snorter stands out for its community-first approach. Instead of raising funds through private rounds or venture capital, it invites public participation from the start, letting everyday investors be part of its growth.
Currently, SNORT tokens are priced at $0.0973, but this rate is only available for the next 18 hours. To buy, visit the Snorter Bot Token presale site and use SOL, ETH, BNB, USDT, USDC, or a credit card.
4. Injective (INJ)
Injective (INJ) is becoming a major player in the DeFi sector. It offers advanced decentralized trading with support for derivatives, cross-chain operations, and zero gas fees. With its fast, low-cost system, INJ stands out against competitors like Ethereum, making it a top pick for developers and traders.
Although the token has pulled back 9.7% over the past month, this correction comes after a massive rally of 4,000% in just 15 months. Price dips like this often help the market breathe and can set the stage for the next move.
On July 2, Injective announced the launch of its native Ethereum Virtual Machine testnet, which enables Ethereum-based apps to run directly on its blockchain. This follows a January announcement about building native EVM support to enhance smart contract flexibility and improve Ethereum compatibility.
🚨 BREAKING: The Injective EVM Testnet just got a major upgrade
You can now access the MultiVM Token Standard (MTS). One canonical $INJ token across multiple VMs, deployed with a single click
Blazing fast. Seamless. Truly interoperable.
Injective never stops.
— Injective 🥷 (@injective) July 4, 2025
The testnet is part of Injective’s Multi-VM strategy, which supports EVM and WASM smart contracts on one chain. This setup allows for a broader range of apps and makes it easier for developers to build across networks.
INJ’s ongoing rally is supported by its new innovations, deflationary token design, and strong chart patterns. The EVM testnet could lead to more developer activity, but the $11.60 level could be a key point for confirming the trend.
5. MX Token (MX)
MX Token is central to the MEXC exchange, allowing users to vote on updates, participate in platform decisions, and influence team selections. MX holders also gain access to exclusive events like Launchpad, M-Day, and Kickstarter, with perks such as free airdrops and early access to new listings.
MEXC has recently added new investor protection features that may boost user trust and strengthen the token’s appeal. Technically, the MACD histogram is positive at 0.022, pointing to bullish momentum. The RSI14 is 49.68, indicating a neutral balance between buyers and sellers. The price recently touched $2.7854 and is now testing the 50% retracement level at $2.44. A breakout could signal more upside.
#MEXC is taking our 0 trading fees to the next level, even into your everyday life.
💸 Tell us: What annoying fee should MEXC cover for you?
How to join:
1️⃣ Upload a screenshot of your receipt
2️⃣ Tell us why MEXC should pay for it
3️⃣ Leave #MEXC0Fee and your MEXC UID🎁 20… pic.twitter.com/2ICTc86ZIq
— MEXC (@MEXC_Official) July 5, 2025
MX is currently priced at $2.44, trading within a daily range of $2.405 to $2.44. The token’s 24-hour trading volume is about $2.72 million, showing steady market activity. With a market cap of over $230 million, MX falls into the mid-cap category with plenty of room for growth.
As a governance and utility token, MX is key to building a stronger, more engaged MEXC community. The recent price uptick is driven by exchange partnerships and token use cases, but the token’s 98.5% whale ownership is worth watching closely.
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