Next Cryptocurrency To Explode: MANTRA (OM), Base Dawgz (DAWGZ), Turbo (TURBO), Mog Coin (MOG), Celsius (CEL)

Cryptocurrency prices have been on the rise lately, and the overall feeling in the market is favorable. Recently, Bitcoin (BTC) has been hovering around $67K

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With cryptocurrency prices on the rise and a positive overall market sentiment, Bitcoin (BTC) has been hovering around $67K to $69K, while Ethereum (ETH) is striving to reach the $4,000 mark, creating mixed sentiments among investors.

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 Base Dawgz, one of the newest meme coins that has launched on the Base Network. It features a distinctive multi-chain experience with smooth interoperability across various blockchains. The details of its presale and the performance of the top-performing cryptos today are shared below.

1. MANTRA (OM)

On June 10, the OM token, which belongs to the DeFi platform MANTRA, hit a record high of $1.09. This achievement comes as MANTRA expands its reach in the United Arab Emirates.

According to CoinMarketCap, OM rose 11.24% on the last day and was traded at $1.04 at press time. Its trading volume also increased by 62.25% to reach $142 million, and its market cap is $804 million, making it the 94th largest cryptocurrency.

MANTRA operates on a Layer 1 blockchain designed to follow real-world regulations. It offers a blockchain open for regulated applications aimed at institutions and developers. The OM token is crucial to MANTRA’s ecosystem, enabling users to engage in DeFi activities like lending, borrowing, and earning rewards. Moreover, OM holders can vote on proposals that shape the platform’s future.

Explore the Future of #RWA Tokenization & How MANTRA is Leading the Wave of Mass Adoption.

🎙️@jp_mullin888, CEO and Co-Founder of #MANTRA, is all set to dive into the potential of RWAs during an upcoming X Spaces session with @ScottMelker and @MarioNawfal.

Don't miss this… pic.twitter.com/qTRFoTAoOL

— MANTRA – Tokenizing RWAs (@MANTRA_Chain) June 10, 2024

Following MANTRA’s partnership announcement in the UAE, prices have significantly increased. MANTRA, a DeFi platform, signed a Memorandum of Understanding (MOU) with Zand, a digital bank based in the UAE. The aim is to establish clear guidelines for tokenizing real-world assets (RWAs) while complying with the Virtual Asset Regulatory Authority regulations of Dubai (VARA).

This collaboration intends to make the tokenization of real-world assets in the UAE more efficient, ensuring strict adherence to regulatory standards and measures to protect investors. In March, MANTRA also received $11 million in funding from a round led by Shorooq Partners to further develop real-world asset tokenization.

2. Base Dawgz (DAWGZ)

The $DAWGZ token benefits from the growing Base chain ecosystem. Even though Base is new, its meme coin market value is over $2 billion. Apart from its playful theme, Base Dawgz provides a share-to-earn function and intends to introduce staking rewards in the future, making $DAWGZ enjoyable and profitable for its users.

Although minted on Base, the token can be obtained, held, and exchanged on Ethereum, Solana, Binance Smart Chain, and Avalanche. Wormhole and Portal Bridge tech allow smooth cross-chain transfers and connections.

Base Dawgz introduces an exciting opportunity for investors who seek innovation. Investors can swiftly transfer capital across networks using Portal Bridge’s blockchain bridging system and Wormhole message-passing protocol.

In just under a week since its launch, the fresh multi-chain meme coin project Base Dawgz (DAWGZ) has raised almost $700K in its presale. This early success reflects the growing enthusiasm for DAWGZ due to its multi-chain features, staking rewards, and ‘Share-to-Earn’ concept.

https://twitter.com/BaseDawgz/status/1800120473721950386

Currently priced at $0.00479 per token, DAWGZ tokens can be purchased using BASE, ETH, BNB, AVAX, or SOL. The price is set to rise in less than 24 hours, so potential buyers should act promptly.

Visit the Base Dawgz Presale

3. Turbo (TURBO