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Cryptocurrency News Articles
Next Cryptocurrency To Explode: Today's article discusses the performance of potentially explosive cryptos that investors should add to their watchlist.
Jul 07, 2024 at 04:56 am
Although cryptocurrency prices have been falling for a while, the overall feeling in the market remains positive. Recently, Bitcoin (BTC) has been struggling
While cryptocurrency prices have been falling for a while now, the overall sentiment in the market remains bullish. Recently, Bitcoin (BTC) has been struggling to get back to $60K and above, and Ethereum (ETH) is striving to get back above $3,000.
However, identifying the next cryptocurrencies to explode might take some work as most funds are attracted to pumping assets. Today’s article explores the performance of cryptocurrencies that have dominated the gainers list in the last 24 hours. The objective is to identify coins with some potential and inform investors and traders about each token.
Next Cryptocurrency To Explode
Today’s article discusses the performance of potentially explosive cryptos that investors should add to their watchlist. It also includes a special mention of Pepe Unchained, a new Pepe-themed meme coin launched on its Ethereum Layer 2 blockchain. Within minutes, it attracted over $150,000 in investments. The details of its presale and the performance of the top-performing cryptos today are shared below.
1. Aerodrome Finance (Aero)
Aerodrome Finance is becoming a major player in the base ecosystem. The platform offers decentralized financial services like lending, borrowing, and trading. Its wide range of financial products and strong community support have fueled its rapid growth. Aerodrome Finance will likely see increased adoption and usage as the base ecosystem continues gaining traction. This could make it one of the top cryptos to watch in 2024.
Today, the AERO price is $0.5943. It has increased by 28.04% in the last 24 hours. The market cap has grown by 28.03%, reaching $311,183,441. Currently, the sentiment for the AERO price prediction is bullish. However, the Fear & Greed Index scores 23, indicating fear. Despite fewer token transactions, optimism about an uptrend is growing.
Another Billion in Volume 🛫
Aerodrome reached $1.03 billion in volume during epoch 44, marking the 6th consecutive epoch over a billion. Slipstream contributed over 90% of this volume.
veAERO voters received $3.53 million in Total Rewards, with an average voting APR of 58.49%. pic.twitter.com/fFOgaCn38I
— Aerodrome (@AerodromeFi) July 5, 2024
AERO has solid fundamentals and a dedicated crypto community. Therefore, it has the potential to achieve great success in the future. If the AERO project announces collaborations with other networks, the coin’s price could exceed $1.52 by 2024. Additionally, if the current bullish trend in the crypto market continues, we expect the average price of AERO Coin to be around $3 next year. However, if the market declines, the price could drop to a minimum of $0.30 in 2024.
2. MAGA (TRUMP)
In the last 24 hours, the price of MAGA has risen by 7.07%, reaching $5.94 as of 10:40 a.m. EST. The trading volume fell 18.06% during this period to $7.34 million. Over the past year, the coin’s value has soared by 35,760.68%. Known for its political connections, the PoliFi coin gained significant attention and growth when Donald Trump endorsed cryptocurrency in March.
After a steep decline, the bulls are now striving to push the price above the 50-day and 200-day Simple Moving Averages (SMA). If they succeed, the cost could break through the bearish trendline, confirming a positive trend if the momentum continues.
MAGA’s success is linked to its ability to tap into a specific cultural and political market. MAGA has significantly increased its value by aligning with Donald Trump’s presidential slogan and garnering his support. This demonstrates that cultural relevance and community backing can produce substantial financial gains in the meme coin market.
Today we've donated $20,882 to National Veteran Homeless Support and Operation Underground Railroad. This is our 47th consecutive week of making donations now totaling 542.63 $ETH ($1,716,248 in USD).
@nvhs @OURrescue pic.twitter.com/qVQ01GsTjO
— MAGA Memecoin (@MAGAMemecoin) July 5, 2024
The bulls aim to push MAGA to a new peak above its all-time high, potentially reaching $6.5 in the coming weeks. However, the price might face resistance, leading to a bearish reversal. In
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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