Next Cryptocurrency To Explode: Toncoin (TON), JasmyCoin (JASMY), Base Dawgz (DAWGZ), GMX (GMX), Brett (Based) (BRETT)

Cryptocurrency prices have been on the rise lately, and the overall feeling in the market is favorable. Recently, Bitcoin (BTC) has been hovering around $64K

Cryptocurrency prices have been on the rise lately, and the overall feeling in the market is favorable. Recently, Bitcoin (BTC) has been hovering around $64K, and Ethereum (ETH) is striving to reach $3,500, 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 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. Toncoin (TON)

Toncoin (TON) saw an increase in today’s trading session, which is reflected in its price movements. Analysis indicates that Toncoin’s price follows an upward trend within the pitchfork channel. Additionally, the MACD shows a bullish crossover with increasing histogram bars, suggesting upward momentum. At the time of writing, Toncoin is trading at $7.71, marking a 7.09% rise over the past 24 hours.

Since early June, Toncoin (TON) has surpassed Ethereum (ETH) in daily unique addresses and transactions. On June 3, Toncoin reached a year-to-date high of 568,300 unique addresses, 62% higher than Ethereum’s 351,400. Furthermore, since March 12, Toncoin has consistently seen more daily transactions than Ethereum, reaching a peak of 9 million transactions on May 17.

The rise in popularity is due to Telegram’s 900 million users. People are now comparing Toncoin and Ethereum more often. Recently, TON’s price bounced back from a low of $6.76 on June 11 to $7.71, and its trading volume grew by over 100%. This positive trend and a high profit-to-loss transaction ratio show increased market activity for the token.

2. JasmyCoin (JASMY)

Despite the current bearish trend in the crypto market, some coins, like JASMY, perform well. Over the past 24 hours, JASMY has surpassed Cardano (ADA) and Fantom (FTM) in trading volume on Binance. JASMY, an emerging star in the altcoin world, has seen its trading volume rise to $175.15 million within a day. This significant boost in activity shows increased interest and confidence in the project.

JasmyCoin (JASMY) is among today’s top gainers, as evidenced by its recent price movements. A detailed analysis reveals that JasmyCoin’s price is above the supertrend line, which indicates a possible bullish trend. However, the Average Directional Index (ADX) is 23.40, suggesting weak trend strength. As of the time of writing, JasmyCoin is trading at $0.03159, an 8.64% increase over the past 24 hours.

Several factors contribute to JASMY’s bullish performance. Firstly, the JASMY community’s strong belief in the coin’s potential supports its positive outlook. Additionally, JASMY’s team is making strategic progress. They have set an ambitious price target of $17 by 2026, reflecting confidence in the project’s fundamentals and long-term prospects.

3. Base Dawgz (DAWGZ)

Base Dawgz ($DAWGZ) is nearing a significant milestone. It has raised $1.9 million in its presale and is quickly approaching the $2 million mark in its initial coin offering (ICO). With less than two days before the next price increase, now is a great time to get involved.

Base Dawgz is a meme coin inspired by the excitement of base jumping and the Shiba Inu meme. It has caught the crypto community’s attention with its strong fundraising performance. The presale started with $200,000 on the first day and exceeded $1 million within a week. Currently, the token is priced at $0.00527, showing a steady increase in value.

Base Dawgz’s upcoming launch of its staking protocol is an exciting development. Investors participating in the presale before the staking launch will receive a retroactive bonus if they stake their tokens afterward. This unique incentive rewards early adopters.

Base Dawgz operates on several blockchains, such as Base, Ethereum,