The Next Cryptocurrency to Explode: Identifying Potential Gainers in a Bull Market

Earning significant ROI in a bull market could mean paying attention to the meme coins and Altcoins with explosive potential.

Today’s cryptocurrency market has shown signs of recovery, with most of the top 100 coins posting gains in the past 24 hours. Bitcoin’s price rose above $25,000, while Ethereum crossed the $2,200 mark. Several crypto assets also demonstrated impressive performance, making it to the gainers list.

This article explores the cryptocurrencies that have soared to the top of the gainers chart in the last 24 hours. We'll provide an overview of each token's performance, recent developments, and future outlook to help investors and traders make informed decisions.

Next Cryptocurrency To Explode 

Investors seeking to discover the next booming cryptocurrency might want to consider upcoming projects, according to experts. One project to watch for is the new presale coin, Flockerz (FLOCK). This meme coin introduces a unique Vote-to-Earn reward system, fosters strong community connections, and provides attractive staking benefits. The Flockerz team has already raised $2.6 million. More details about the project and its future outlook are shared below.

1. Bitcoin Cash (BCH)

Bitcoin Cash (BCH) enjoyed a day of significant gains, rising over 16% and outperforming the market. This bullish momentum follows the recent protocol upgrade on the mainnet, which adds Targeted Virtual Machine Limits CHIP and BigInt CHIP for high-precision arithmetic.

This upgrade enhances Bitcoin Cash’s smart contract capabilities while improving the network’s security and overall performance. It also includes new tools and a cross-implementation benchmarking technique to regularly check node performance, ensuring that BCH nodes remain efficient as the network evolves.

As a result of these advancements, Bitcoin Cash has performed well in the market. At the time of writing, BCH price trades at $521.13, reflecting a 16.97% increase in the past 24 hours and a 18.17% gain over the last week. The token price rose seven consecutive days in a row, reflecting cautious optimism among investors While the upgrade has sparked interest, many are waiting to see its full impact before making further moves. Nevertheless, Bitcoin Cash's continued innovation positions it as a strong competitor in the blockchain space.

2. Digibyte (DGB)

DigiByte (DGB) is an open-source blockchain and asset-creation platform that has been around for a long time in the crypto space. Launched in January 2014 as a fork of Bitcoin (BTC), DigiByte aims to enhance blockchain security, capacity, and transaction speed. Its unique approach uses five algorithms to improve security and ensure a robust network.

DGB price has shown significant movement recently. At the time of writing, its price was $0.01078, marking a 17.44% increase in the last 24 hours. During the same period, its market cap surged by over 17% to $187.13 million. Trading volume also saw a remarkable rise of 1120.86%, reaching $142.70 million. DGB is trading 13.69% above its 200-day Simple Moving Average (SMA) of $0.009481, highlighting its strong liquidity and market performance.

The sentiment around DGB remains bullish, supported by a Fear & Greed Index score of 82, which signals Extreme Greed. This suggests growing investor confidence and optimism about a potential uptrend for the token.

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DigiByte’s strong fundamentals give it the potential to achieve greater success. If the project secures collaborations with other networks, the price of DGB could reach as high as $3.52 by 2025. Assuming the current bullish market trend continues, analysts anticipate an average price of $0.19 for DGB by the end of 2024.

3. Flockerz (FLOCK)

Flockerz ($FLOCK) gained impressive momentum, surpassing $2 million in funding and recently adding another 10% to bring its total to over $2.6 million. This new meme coin is making waves by introducing a fresh approach to governance, empowering its community to take charge of the project’s direction. This community-driven strategy is a key reason Flockerz is gaining attention as a potential 10x investment opportunity.

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