We establish a set of nonequilibrium quantum phase transitions in the Lipkin-Meshkov-Glick model under monochromatic modulation of the inter-particle interaction. We show that the external driving induces a rich phase diagram that characterizes the multistability in the system. Interestingly, the number of stable configurations can be tuned by increasing the amplitude of the driving field. Furthermore, by studying the quantum evolution, we demonstrate that the system exhibits a set of quantum phases that correspond to dynamically stabilized states.
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