Next Cryptocurrency to Explode: 5 Coins to Add to Your Watchlist

Although cryptocurrency prices have been falling for a while, the overall feeling in the market remains positive. Today's article explores the performance of cryptocurrencies that have dominated the gainers list in the last 24 hours.

As cryptocurrency prices continue to fluctuate, several promising tokens have shown impressive gains in the past 24 hours. Here's a closer look at some of these potential爆発cryptocurrencies.

1. Celestia (TIA)

After facing bearish pressure, Celestia (TIA) recently saw a 21.91% recovery in the past 24 hours. This brought the current trading price to $5.61. While bulls are attempting to push the price further, bearish forces might stall Celestia’s momentum at a critical point on the charts.

Since June, Celestia’s price has been in a consolidation phase. It is trading above the 200-day EMA, indicating that bulls have maintained a steady hold. If Celestia can break above these key levels, we could see a bullish reversal in the coming weeks. However, if it fails to do so, the price might drop further before entering the oversold territory. The altcoin’s Relative Strength Index (RSI) is at 38.41, close to the oversold region, suggesting a potential short-term bounce.

According to online data, Celestia’s Open Interest (OI) has increased by over 30.43% in the last 24 hours. This rise in OI and the recent price increase indicate that market participants are buying TIA, which is a positive sign for the asset. Additionally, data from CoinMarketCap shows that TIA’s daily trading volume has jumped by 64.89%, reflecting heightened trading activity. If this trend continues, the price rise is likely to be sustained.

2. Sui (SUI)

Over the past 24 hours, Sui (SUI) has seen its price rise by 30.20%, reaching $0.8424. This increase follows a positive trend over the past week, where the coin gained 25.52% despite a generally bearish market. During this period, SUI moved from $0.69 to its current price. However, it is still far from its all-time high of $2.17.

In addition, the trading volume for SUI has surged by 51.57% over the past day. The overall circulating supply has slightly increased by 0.01% to approximately 2.60 billion, representing 25.96% of its maximum supply of 10 billion coins. Currently, SUI ranks #33 in market cap, with a valuation of $2.19 billion.

Promising Layer 1 blockchain platform Sui has attracted attention for its efficient and secure digital asset management. Known for its scalable solutions, Sui boasts a high Total Value Locked (TVL), indicating strong performance. As of press time, Sui is priced at $0.8424, with a market dominance of 0.08%.

3. Pepe Unchained (PEPU)

Pepe Unchained ($PEPU) has quickly gained attention in the crypto world, raising over $7.83 million in presale funds. It is on track to reach $8 million before the close of the week. This new meme coin has made a strong impression, pulling in substantial funds just a month after its presale launch.

$PEPU stands out for two reasons: it’s the first meme coin Layer 2 on Ethereum, and this Layer 2 solution will make owning a Pepe cheaper and faster. Once the presale ends, investors will see the game-changing potential of Pepe Unchained’s Layer 2 technology in action.

Pepe Unchained is set to revolutionize the market with its Layer 2 solution, operating as its blockchain with a unique consensus mechanism and blockchain explorer. This new chain is designed to lower costs and speed up transactions, offering a volume capacity 100 times greater than Ethereum’s. Adopting the Layer 2 approach is crucial for Pepe to achieve transactional efficiency, especially since the high gas prices on Ethereum were a significant issue earlier this year.

4. QuarkChain (QKC)

On July 28, the QKC token saw its price rise from $0.008 to $0.014, and since then, it has gained over 24%. As of today, August 9, QKC is trading at $0.01103, marking an impressive 70% increase in just 24 hours. The token’s market capitalization now stands at $77.45 million.

QuarkChain is focused on addressing some of the major challenges older blockchains face. While Bitcoin and Ethereum have successfully achieved decentralization, they have struggled with scalability and flexibility. On the other hand, projects like XRP and USDT offer high scalability but are centralized, which doesn’t align with the ideal vision of the crypto world. QuarkChain aims to bridge this gap by solving these issues.

QuarkChain