Next Cryptocurrency To Explode: Usual (USUAL), SPX6900 (SPX), Crypto All-Stars (STARS), Basic Attention Token (BAT), Bitget Token (BGB)

The altcoin market looks promising, and many altcoins are recording gains. Bitcoin (BTC) reached two new all-time highs this month: first above 100K and then at 108,319

Stay tuned for the latest crypto news and price updates in our daily roundup.

The altcoin market is showing promising signs of recovery, with several altcoins posting impressive gains. Bitcoin (BTC) price surged to a new all-time high above $108,000 this month.

As the market consolidates, investors should remain vigilant to identify potential opportunities to capitalize on rising trends.

While waiting for the broader market to take off, some altcoins are already displaying positive price movements.

Here are five cryptocurrencies that could explode and are worth considering for both traders and investors.

Top 5 Cryptocurrencies To Explode

Smart investors are anticipating a boom in the altcoin market and taking positions in upcoming tokens like the Crypto All-Stars. The project aims to revolutionize the meme coin space with its groundbreaking MemeVault Ecosystem. Check out our post for details on its presale.

1. Usual (USUAL)

Emerging as a stablecoin issuer in decentralized finance (DeFi), Usual aims to empower users through ownership and governance over its ecosystem. At the core lies the $USUAL token, granting holders authority over the stablecoin’s infrastructure and treasury.

Unlike traditional stablecoins pegged to bank reserves, Usual adopts a unique and secure approach by tying its stablecoin, USD0, to short-term bonds. Backed by a robust risk policy and insurance fund, Usual ensures stability and trust within its growing ecosystem.

Over the last 24 hours, $USUAL enjoyed an impressive price surge of over 24%, accompanied by a remarkable 108.40% jump in daily trading volume, reaching $1.02 billion. This surge reflects growing market confidence and excitement about the token’s potential.

Backed by high-profile partners like Kraken, Mantle, Starkware, and GSR, along with over 150 investors, Usual Labs is building strong foundations for long-term success.

We are pleased to announce that Usual has closed a $10M Series A funding round, led by @BinanceLabs and @KrakenVentures.

Together, we’re building the foundation for a Stablecoin Renaissance. pic.twitter.com/WlCMb2lb63

— Usual (@usualmoney) December 23, 2024

Recently, Usual announced a $10 million Series A funding round led by Binance Labs and Kraken Ventures. Other contributors include Galaxy Ventures, Coinbase Ventures, OKX Ventures, and Wintermute, among many notable names. This funding highlights the widespread support and belief in Usual’s vision.

Usual distinguishes itself by embracing a DeFi-first approach and redistributing ownership to its users. Combining the security of real-world assets (RWAs) with the flexibility and liquidity of DeFi, Usual is reshaping the stablecoin market.

This summer, it achieved a significant milestone as the fastest-growing stablecoin on Ethereum, marking the first-ever hypergrowth for a fiat-backed stablecoin.

2. SPX6900 (SPX)

Inspired by the traditional S&P 500 index, SPX6900 is gaining attention for its clever branding and strong performance. Playfully nicknamed the “S&P 6900”, it has become a favorite among the meme coin community, blending humor with a relatable twist.

These factors have driven its popularity and contributed to its impressive rise in value. With a market cap nearing $850 million, SPX6900 is steadily moving toward the $1 billion milestone, solidifying its place in the market.

The current market sentiment around SPX6900 is highly positive. Its Fear & Greed Index sits at 73, indicating significant investor interest and optimism. With 930.99 million tokens in circulation out of a maximum supply of 1 billion, the token is performing well across multiple ranking categories.

Over the past month, SPX6900 has seen a remarkable 43.11% price increase, outpacing 97% of the top 100 crypto assets, including heavyweights like Bitcoin and Ethereum. Moreover, its liquidity remains robust, with a market cap of $716.35 million and a daily trading volume of $48.38 million. Its fully diluted valuation stands at $767.69 million, while a trading volume-to-market cap ratio of 0.141 highlights healthy market activity.

there are 3 planes of existence – physical, mental, and spiritual.

and 98% of the world limits itself by operating only on one of these planes, the physical.

but $SPX works multi-dimensionally.

it uses both the spiritual and mental planes of existence to produce the… pic.twitter.com/7Nl0OeMT0o

— SPX6900💹