Next Cryptocurrency to Explode Thursday 2 November - TG.Casino, Celestia, Aave

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The crypto market cap has surged to an impressive $1.3 trillion, marking a substantial 2.58% increase over the last 24 hours. Over the same period, the market’s trading volume reached $58.84 billion, reflecting a 45.69% surge.

A substantial portion of this volume, $6.09 billion, is attributed to the rapidly expanding decentralized finance sector, constituting 10.35% of the total crypto market’s 24-hour volume. Furthermore, stablecoins contributed $52.73 billion to the trading volume. This represents an 89.61% share.

Bitcoin maintains its grip, currently commanding 52.84% of the total cryptocurrency market capitalization. It further marks a marginal increase of 0.01% over the day.

Asian equities and bonds continued their upward trajectory on Thursday, part of a global trend driven by the Federal Reserve’s cautious stance, reinforcing expectations that US interest rates have peaked and may soon undergo a downward adjustment.

Next Cryptocurrency To Explode

Anticipation of favorable market dynamics extended to Europe, where EUROSTOXX 50 futures showed a promising 0.7% increase, and FTSE futures displayed a 0.5% rise. Meanwhile, as the Bank of England convened later in the day, market sentiment suggested that the central bank’s tightening cycle might have reached its conclusion.

1. Celestia (TIA)

Celestia has officially launched its mainnet beta after distributing its native TIA tokens to 580,000 users. This new blockchain, a “modular data availability network that securely scales with the number of users,” is designed to address the common scalability and stability challenges in monolithic blockchains like Ethereum and Solana.

As of this report, TIA tokens were trading at approximately $2.77 and up by 25.19%, as reported by CoinMarketCap. The asset is quickly displaying qualities in tandem with the next cryptocurrency to explode.

In contrast to monolithic blockchains, modular blockchains employ specialized channels for speed and execution, avoiding the trade-offs between scalability, decentralization, and security. Celestia also incorporates data availability sampling (DAS) to verify every data on the blockchain, further enhancing data transfer speed.

Happening now 👇 https://t.co/QKI0uarq2N

— Celestia (@CelestiaOrg) October 31, 2023

The mainnet beta release empowers rollups and modular chains to utilize Celestia as a data availability and consensus layer. Initially, the blockchain will feature 2MB blocks with the potential to support up to 8MB. Upgrades are planned through an on-chain governance process, with the ultimate goal of supporting 1GB blocks to ensure ample data availability for the modular ecosystem in the future.

2. Aave (AAVE)

Aave, the versatile liquidity protocol with prospects of its token being the next cryptocurrency to explode, offers a platform for developers to deploy decentralized applications (dApps) while enabling cryptocurrency users to engage in the lending and borrowing of digital assets. This open-source ecosystem has introduced its native cryptocurrency, AAVE, presenting an opportunity for crypto enthusiasts to increase their assets by supplying liquidity to the platform.

Holders of AAVE tokens can stake them to receive crypto rewards, creating an additional avenue for earning within the system. Borrowers benefit from the convenience of collateral-based borrowing, with the added advantage of cross-chain functionality.

To bolster network security, Aave has unveiled a bounty program with a substantial $1 million in rewards. This program encourages developers to scrutinize the platform’s code and report any discovered bugs, contributing to the platform’s ongoing enhancements and security measures.

Let him cook pic.twitter.com/Xet2MI9Mrf

— Aave Labs (@aave) October 31, 2023

At the time of this report, AAVE has been up by 15.20% in the last 24 hours while selling at $95.38. Going by the latest trajectory, traders have a renewed appetite for the AAVE token following the protracted bear trend.

3. TG.Casino (TGC)

Distinguished by its absence of Know Your Customer (KYC) requirements, lightning-fast payouts, an extensive array of games, and a user-friendly interface, TG.Casino has piqued the interest of analysts and crypto enthusiasts alike.

TG.Casino is positioned to capture a substantial share of the crypto gambling market, catering to individuals prioritizing privacy and security. It operates under full licensing from Gaming Curacao, ensuring a trustworthy and legitimate gaming experience.

Adding an extra layer of security, the platform’s foundation relies on smart contracts that have undergone a thorough audit by Coinsult, a globally renowned blockchain security firm.

Massive victory by one of our $TGC community members in Wanted Dead Or a Wild! 🤠💰 @hacksawgaming pic.twitter.com/7VS6yL6sZz

— TG Casino (@TGCasino_) November 1, 2023

One of the standout features of TG.Casino is its seamless integration with Telegram, allowing players to enjoy games without needing a separate app or website. This approach maximizes convenience for players seeking a hassle-free gaming experience.

Furthermore, TGC token holders can stake their tokens, potentially earning impressive Annual Percentage Yields (APYs) of up to 318%.

The project has already raised over $1.6 million in its presale phase, with plans for listings on prominent cryptocurrency exchanges following its conclusion, painting a promising future for TG.Casino.

For investors interested in participating, the next cryptocurrency to explode, TGC, can be acquired during the presale for $0.15, with the option to use Ethereum (ETH) or Tether (USDT) for purchases.

Visit TG.Casino.

4. Oasis Network (ROSE)

The Oasis Network (ROSE) is trading at $0.056996, marking a remarkable 13.79% increase in the last 24 hours and a 10.97% rise over the past seven days. With a circulating supply of 5 billion ROSE tokens, the market capitalization of Oasis Network stands at $286.44 million.

Oasis Network stands as a prominent leader in the realm of privacy-enabled and scalable layer-1 blockchain networks. It offers high throughput and low gas fees, underpinned by a robust and secure architectural framework. This solid foundation positions it as a key player in powering the future of Web3, facilitating the growth of DeFi, GameFi, NFTs, Metaverse, data tokenization, and Data DAOs.

Notably, Oasis Network is actively advancing the Web3 ecosystem, transitioning it from its early stages to maturity. The project enjoys substantial support from industry leaders and recently introduced the $235 million Ecosystem Fund to foster the development of projects within the network. Oasis Labs, a significant technical contributor to the ecosystem, has forged partnerships with prominent entities such as Meta, BMW Group Genetica, and others, focusing on enhancing individual privacy protection, data governance, and responsible data utilization.

This year, we introduced the Oasis Nexus — the first-party open-source indexer for the Oasis blockchain ecosystem

The Oasis Nexus enhances the ability to traverse the entirety of the Oasis blockchain stack 🪄

Let's dive into everything you need to know about the Oasis Nexus: 🧵 pic.twitter.com/a3uQB0WNBM

— Oasis (@OasisProtocol) November 1, 2023

When assessing Oasis Network’s price performance against its peers, it becomes evident that it has surpassed the global cryptocurrency market, posting an 11.10% increase over the last seven days, compared to its 3.60% growth. Furthermore, Oasis Network has outperformed similar Smart Contract Platform cryptocurrencies, which have seen a 5.00% increase in the same period.

Regarding market sentiment, Oasis Network enjoys strong community support, with over 85% of users expressing a bullish outlook on ROSE as the next cryptocurrency to explode.

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