5 Altcoins That Could Explode in Value Soon

The altcoin market is fluctuating, but some coins try to bounce back. Investors need to stay alert during this consolidation phase, as it could be a chance to ride a rising trend.

The altcoin market is showing signs of recovery as some coins attempt to bounce back from recent losses. Investors should pay close attention to this consolidation phase, as it could present an opportunity to capitalize on a potential uptrend.

Institutional investors are increasingly focusing on interoperability and tokenizing real-world assets, driving up the prices of these assets even before the broader market takes off. Our goal is to identify the next cryptocurrencies to explode and keep investors and traders informed about each token.

Next Cryptocurrency To ExplodeNow, the attention in the crypto market for the coming month will be on the altcoin and meme coin sectors, making the most of the altcoin market. Hence, investors can capitalize on the moment and take a position in upcoming tokens like The Meme Games. The Meme Games combines the trill of the Olympics with meme coins to give crypto enthusiasts a fun and competitive presale event. This post covers the details of its presale.

1. JasmyCoin (JASMY)

Analysts have high hopes for JasmyCoin (JASMY), often called the “Bitcoin of Japan.” Recently, Japan announced the creation of the Japanese stablecoin JPYD, which could lead to a big price boost for JASMY.

JASMY is a top-tier cryptocurrency that is especially important in the future of data protection and information flow. This makes it a key player in the coming years. Despite market fluctuations, JasmyCoin has shown strong performance against Tether (USDT) on CoinMarketCap.

Currently, JASMY is priced at $0.01993, up by 7.2%. Buyers and sellers are closely contesting this level, with the Stoch RSI indicating neutrality. The price is near the 9-period SMA, showing market indecision. The resistance at $0.01845 has been tested several times and remains a major barrier. If JASMY breaks this resistance, it could move toward the next target of $0.02100.

📢 AMA EventJoin us on Telegram at 10:00 UTC, Friday, September 13th!

We’re inviting 2-3 community speakers alongside Jasmy Ambassadors.

Interested? Send your questions to @0xjasmy!@HARA_JasmyCFO @JasmyMGT pic.twitter.com/a8SQoJcDvj

— JANCTION (@JanctionMGT) September 5, 2024

Over the long term, JasmyCoin has performed impressively, trading 326.40% above its 200-day simple moving average. It has gained 451.18% in the past year and outperformed 90% of the top 100 crypto assets by market cap during the same period.

2. Kaspa (KAS)

Kaspa (KAS) is gaining attention as an innovative Layer-1 blockchain focused on scalability and speed. Unlike traditional blockchains, Kaspa uses the GhostDAG consensus protocol, which allows blocks to be created in parallel. This reduces latency and increases transaction speed, making it ideal for applications that require fast processing.

Kaspa’s GhostDAG is different from Ethereum’s Proof of Stake model. It handles high transaction volumes while maintaining security and decentralization. By adding blocks in parallel instead of one after another, Kaspa positions itself as a strong alternative to Ethereum. As DeFi and NFTs grow, Kaspa’s efficient system could become a favorite for developers and users looking for low fees and high throughput.

Kaspa has also caught the eye of crypto investors with its upcoming KRC-20 mainnet launch, set for September 15th. This event will introduce token standards similar to Ethereum’s ERC-20, marking an important milestone for Kaspa’s ecosystem.

🚀 KRC-20 Mainnet Launch Announcement 🎉

We are thrilled to announce that Kasplex KRC-20 will be launching on the MAINNET on the 15th of this month at 12:00 PM UTC! 🌐

After over a month of internal testing and two months of stress testing, we've processed over 90M KRC-20… pic.twitter.com/I5d2GoUfQM

— Kasplex (@kasplex) September 9, 2024

Currently priced around $0.16, $KAS has slightly dropped from $0.17 in the past month. However, this stability in a bearish market shows it could be a good investment, especially with its strong technology and promising future.

3. The Meme Games (MGMES)

The Meme Games brings an Olympic-style competition to the world of meme coins. It features popular internet memes like Dogecoin, Pepe, Dogwifhat, Brett, and Turbo. Investors can buy MGMES tokens and back one of these five memes in a battle for supremacy.

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