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Making the most profit from a bull market requires attention to the promising altcoins and meme coins with explosive potential.
In the fast-paced world of cryptocurrencies, staying ahead of the curve is paramount, especially when seeking out the next big performers. While most funds might be focused on already-pumping assets, venturing off the beaten path can lead to discovering hidden gems—promising altcoins and meme coins with explosive potential.
Today’s article provides an analysis of the cryptocurrencies that are performing well in the last 24 hours, aiming to identify the next crypto to explode and covering each token. It also includes an overview of the market trend of crypto assets, which could post significant gains in the future.
Next Cryptocurrency To Explode
suggest that investors are more likely to discover the next booming crypto among upcoming projects. With this in mind, they should consider the potential of the new presale coin, BTC Bull Token (BTCBULL). BTCBULL is the first meme coin designed to align with Bitcoin’s growth, and it is quickly approaching the $3 million presale milestone. Further details about the project and its future outlook are shared below.
1. EOS (EOS)
EOS has faced a struggle to keep pace with key developments in the blockchain industry, particularly in areas like Web3 gaming, NFTs, and token launches. It managed to maintain some liquidity due to its legacy exchange listings, but platforms eventually began delisting the token due to low trading activity and pivoted towards newer projects. Furthermore, the platform lost support for its native USDT when Tether discontinued the token because of low usage.
However, a recent rebranding announcement has sparked renewed interest in EOS. Currently, the token is trading at $0.6295, showing an increase of 8.20% in the last 24 hours, 9.43% over the past week, and 14.45% for the month. Retaining its listings on major exchanges like Binance and OKX has allowed EOS to react positively to this announcement, further boosting its recovery.
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Expectations for greater network activity are fueling optimism about EOS’s future. The platform relies on a RAM market to facilitate on-chain computations, and recent spikes in RAM demand have pushed its valuation to $15.6 million. This signifies a potential increase in usage, which could further increase EOS’s value.
EOS remains one of the most well-funded blockchain projects in history. Its year-long public token sale raised an astonishing $4.2 billion in ETH through a Dutch Auction, with additional venture capital funding securing another $60 million. Despite these resources, the project has encountered several challenges in maintaining relevance.
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Currently, EOS is dealing with an address poisoning attack. Scammers send small amounts of tokens from spoofed addresses to trick users into sending their funds to fraudulent wallets. This attack was detected just a day after EOS announced its rebrand to Vaulta, a move designed to bridge blockchain technology with traditional finance.
2. Pax Gold (PAXG)
Pax Gold (PAXG) is offering a unique take on gold investment by combining the stability of physical gold with the efficiency of blockchain technology. Each PAXG token represents fractional ownership of a London Good Delivery gold bar stored in Brink’s vaults. This innovation makes gold ownership more accessible, highly liquid, and seamlessly integrated with digital asset markets.
Over the past 24 hours, PAXG has seen a modest 0.52% price increase, contributing to weekly and monthly gains of 3.37% and 9.91%, respectively. Currently, the token is valued at $3,143.28.
While PAXG may not be exhibiting explosive price movements, its liquidity remains strong. A market cap-to-volume ratio of 0.1736 indicates steady investor demand, reinforcing its position as a reliable store of value.
Technical indicators suggest continued stability for PAXG. Its Relative Strength Index (RSI) is at 59.46, signaling a neutral stance with room for slight upward movement. Furthermore, its low volatility of 2% demonstrates consistency, with 57% of the past month’s trading sessions closing in the green.
PAXG’s long-term performance highlights its appeal to investors seeking a stable asset. The token is trading 21.98% above its 200-day Simple Moving Average (SMA) and has gained 42.11% in value over the past year. While it lacks the rapid price swings associated with other cryptocurrencies, it has still outperformed
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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