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Cryptocurrency News Articles

5 Next Cryptocurrency To Explode: RLB, RBN, DAWGZ, KAS, FLR

Jul 01, 2024 at 12:48 am

Cryptocurrency prices have been on the rise lately, and the overall feeling in the market is favorable. Recently, Bitcoin (BTC) has been hovering around $61K

5 Next Cryptocurrency To Explode: RLB, RBN, DAWGZ, KAS, FLR

Cryptocurrency prices have been rising lately, and investors are looking for the next cryptocurrencies 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 memecoin launches 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. Rollbit Coin (RLB)

Rollbit is a popular crypto casino and sports betting platform. Launched in 2019, it offers a variety of options for gaming, sports betting, futures trading, and NFTs. Rollbit makes it easy to start with cryptocurrency trading and gaming, supporting many cryptocurrencies and not requiring KYC.

RLB is the native token for Rollbit’s casino and exchange, providing discounts and rewards for users who buy the coin. Last week, RLB’s price increased by 41%. This surge is due to a recent announcement that the casino would burn RLB tokens.

Token burns, where a project permanently destroys a portion of its token supply, can often lead to higher prices due to the scarcity created in the circulating supply. Over the past 24 hours, the RLB token increased by more than 8%, reaching a price of $0.08283. Additionally, the daily trading volume surged by 310.22% to 2.2 million. With these trends, the RLB token could be poised for significant growth.

2. Ribbon Finance (RBN)

Ribbon employs financial engineering to design structured products that provide sustainable yields. Its first product focuses on achieving yield through automated options strategies. Additionally, the protocol enables developers to create various structured products by combining different DeFi derivatives.

Today, the RBN price is $0.5113, reflecting an increase of over 7.5% in the past 24 hours. The market cap has also risen by 7.37%, reaching $80,491,908. Meanwhile, the 24-hour trading volume has increased by 0.68%, totaling $1,510,148. Ribbon Finance is trading 136.32% above its 200-day simple moving average (SMA) of $0.21713. Despite these gains, the token has experienced only 12 green days in the past 30 days, which is 40% of the time.

3. Base Dawgz (DAWGZ)

Meme coin Base Dawgz ($DAWGZ) has navigated the market downturn successfully, raising over $2.2 million in less than a month since its launch. As the meme coin sector begins to recover, investors are on the lookout for the next leading contender, with new meme coins on the Base chain attracting their interest. They hope to find one that can match or even exceed the success of Brett ($BRETT), and Base Dawgz seems to be that contender.

The growing community and significant fundraising efforts of Base Dawgz have caught the attention of dedicated Solana meme coin fans. This has even caused concern among those supporting Dogwifhat ($WIF) tokens. Adding to their worry, the $DAWGZ presale is still ongoing. Initially priced at $0.00479, it has now risen to $0.005534.

4. Kaspa (KAS)

Over the past month, altcoins have experienced a sharp decline, with Bitcoin (BTC) prices falling to $60k. Despite the market volatility, Kaspa (KAS) has gone against the trend, showing a sustained increase. The recent rally pushed KAS to an all-time high (ATH) after a 20.77% surge in seven days.

At the time of writing, KAS traded at $0.1949, reflecting an 8.61% rise in the last 24 hours. Additionally, Kaspa has seen a 126.36% increase in trading volume, reaching $169.1 million. CoinMarketCap reports that the KAS market cap has risen 8.63% to $4.69 billion, surpassing ICP and PEPE. This continued growth has led crypto analysts to speculate about further gains.

5. Flare (FLR)

Flare is an interoperability protocol that enhances communication between different blockchains. It allows developers of decentralized applications (dApps) to access off-chain data from other blockchains and the wider web. This feature lets developers integrate real-world data into their dApps, creating more engaging experiences and new ways to make money.

Flare’s price is $0.02438, rising by 2.03% in the

News source:insidebitcoins.com

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Other articles published on Nov 15, 2024