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As Bitcoin made slight gains in the past 24 hours, some altcoins also experienced bullish trends, boasting significant increases. Meanwhile, other cryptocurrencies also show signs of readiness to surpass crucial resistance levels.
Many altcoins, like ORDI, UMA, and Aerodrome Finance, are experiencing a bullish trend. Based on the market data from these cryptocurrencies, some have posted gains in the same period, and higher gains are likely. It’s becoming evident that some of these tokens will become the next cryptocurrencies to explode.
Next Cryptocurrency To Explode
Many investors will be moving to seize new opportunities in the current market. Analysts are highlighting the potential of upcoming projects, and one example worth checking out is WienerAI. The project aims to merge AI and crypto trading to create a powerful, user-friendly trading platform. Below, we’ll look at updates on the project and its future.
1. Azuro Protocol (AZUR)
Azuro Protocol provides complete tooling, Oracle, and liquidity solutions for applications and EVM chains. The platform helps developers engage and monetize audiences through prediction apps and games, boosting new and existing user bases.
To enhance its services and expand its reach, Azuro has formed several strategic partnerships. One such collaboration is with Chiliz, a company known for revolutionizing fan engagement in sports through blockchain solutions. This partnership aims to launch a co-sponsored grant program for developers. Chiliz’s CEO, Alex Dreyfus, highlighted the integration with Azuro to take advantage of the growing on-chain prediction market.
Additionally, Azuro partnered with the zkSync Hyperchain stack through an alliance with Sophon to advance on-chain entertainment. Another significant collaboration is with Impossible Finance for the Olympics, an initiative in the prediction market. Azuro has also teamed up with PlaceWar Game, a play-to-earn game, inviting its community to join the Azuro ecosystem.
Stake now to get from 22% APY and higher via ZEM
The AZUR staking rewards are generated via the Azuro Zero Emissions Model (ZEM).
They are not derived from net new token emissions. pic.twitter.com/X0HAgGfCpC
— azuro (@azuroprotocol) July 24, 2024
By collaborating with Azuro, developers can create a strong ecosystem for prediction apps on their chains. They can utilize Azuro’s advanced oracle and liquidity services. Additionally, Azuro provides comprehensive insights into its architectural framework, aiding developers in understanding the structure and capabilities.
Today, the AZUR price is $0.1932, marking a 7.53% increase in the last 24 hours. The market cap has also risen by 7.19%, now at $31,256,860. Moreover, AZUR has experienced 15 green days in the past 30 days, accounting for 50%. The current sentiment for AZUR price prediction is bullish. The Fear & Greed Index shows a 68 (Greed) reading, indicating more token transactions and growing optimism about an uptrend.
2. UMA (UMA)
UMA altcoin has recently seen a notable rise in user interest. It has jumped over 19% in the past day and 17.34% in the past week. UMA aims to create fairer and more accessible global markets through decentralized financial contracts. By leveraging Ethereum’s blockchain, UMA enables users to develop various financial derivatives, such as futures contracts and synthetic tokens.
UMA’s unique oracle system sets it apart. This system ensures data verification without trust, which is essential for blockchain industries like decentralized finance (DeFi) and Web3 applications. Unlike traditional oracles, UMA’s system uses votes from token holders to resolve disputes, enhancing its security and reliability.
UMA has strategically partnered with significant industry players to improve its ecosystem and drive wider adoption. They have teamed up with platforms like Balancer to boost liquidity for their assets and with Yearn.finance to develop various innovative financial products. These partnerships enhance the utility of UMA’s platform, allowing users to create, trade, and pool synthetic assets, thus broadening its reach and potential applications.
In 2024, @polymarket has become more than just a prediction market platform.
It’s now a tool for predicting real-world outcomes, often more reliable than mainstream media and polls.
As popularity increases, prediction markets are becoming real-time sentiment trackers. 🧵 pic.twitter.com/iAH7GlvPQC
— UMA 🥚 (@UMAprotocol) July 24, 2024
If regulatory and technological developments are favorable, UMA’s average price could reach $55 by 2025, with peak prices around $75. This prediction considers the increased utility and mainstream acceptance of cryptocurrencies, potential positive impacts from the broader technology sector, and reduced inflation rates.
3. WienerAI (WAI)
With less than five days remaining, the opportunity to get in early on WienerAI ($WAI) is closing quickly. Since its presale began three months ago, this new meme coin has raised over $8 million. Investors are excited about WienerAI’s unique integration of artificial intelligence and meme coins. The project promises to introduce a powerful AI crypto trading chatbot that will simplify trading for everyone.
WienerAI has set a final token price of $0.00073 for the remainder of its presale. The strong presale performance indicates that WienerAI has the potential to be a successful meme coin. Once $WAI is listed on major exchanges as planned, the presale price will likely rise beyond average investors’ reach.
WienerAI’s chatbot allows investors of all levels to ask trading questions through a user-friendly chat interface similar to ChatGPT and receive instant results. The AI capability enables WienerAI to identify optimal trade setups and suggest the best decentralized exchanges (DEXs) for executing trades at competitive prices. Additionally, traders benefit from protection against maximal extractable value (MEV) bots and enjoy zero trading fees when using WienerAI.
WienerAI army is getting ready to be released … 🌭🌭🌭 pic.twitter.com/ns1gO37V6n
— WienerAI (@WienerDogAI) July 25, 2024
After purchasing, investors can stake their tokens immediately to earn a 141% annual percentage yield (APY). Currently, around 7.3 billion $WAI tokens are staked, valued at approximately $5.3 million, which makes up more than 70% of the total $7 million raised. With less than six days remaining, it’s important to act quickly to purchase $WAI, as the trends from the second quarter are expected to continue, and WienerAI is prepared to take advantage of them.
Visit the WienerAI Presale Now
4. Aerodrome Finance (AERO)
The Aerodrome Finance platform offers decentralized financial services like lending, borrowing, and trading. It has grown rapidly with various financial products and strong community support. As the base ecosystem gains traction, Aerodrome Finance is expected to see more adoption and usage.
Coinbase Ventures recently bought at least 4.7 million AERO tokens, valued at around $2.7 million. This investment shows Its dedication to backing promising projects in the blockchain industry.
Additionally, Aerodrome is known for its significant contributions to decentralized finance (DeFi). The $AERO token is crucial to Aerodrome’s ecosystem, enabling secure and efficient transactions across various decentralized applications (dApps). This makes Aerodrome a key player in improving blockchain scalability and interoperability.
Record Volume Epoch 🛫
Epoch 47 reached an all-time high of $1.924 billion in volume, with 93% coming from Slipstream, solidifying its position as the leading CL solution on @base.
veAERO voters received $4.289 million in rewards, achieving an average Voting APR of 55%. pic.twitter.com/ywH8WmXshf
— Aerodrome (@AerodromeFi) July 25, 2024
After Coinbase Ventures acquired AERO tokens, the price of Aerodrome Finance soared. It reached a peak of $0.92 within the last 24 hours. This represents a 20.97% increase over the past month and a 20.29% rise in the latest trading period.
Additionally, AERO’s trading volume jumped by 92.60% in the past 24 hours. This surge shows growing interest among traders. Despite the rapid price rise, there may be profit-taking or market consolidation. Breaking above the $0.70 resistance level could spark another major rally for AERO.
5. ORDI (ORDI)
Ordi (ORDI) saw an 11.58% price increase over the past day. It is now trading at $38.25. During this time, its trading volume was $164.94 million. With a market cap of $803 million, ORDI is the 83rd largest crypto asset.
ORDI is a meme coin on the Bitcoin network and the first BRC-20 token made with the Ordinals protocol. It lets data like text, images, audio, and video be added to each satoshi, the smallest unit of Bitcoin. This opens up new options for NFTs and other tokens on the Bitcoin blockchain.
In December 2023, ORDI became the first BRC-20 token to hit a $1 billion market cap. Since then, it has attracted DeFi enthusiasts for its innovative role. The Ordinals protocol embeds data directly on Bitcoin’s smallest unit, the satoshi.
The Moving Average Convergence Divergence (MACD) shows a steady decline in the green histogram. Its averages suggest a strong chance of a bearish convergence. Meanwhile, the Simple Moving Average (SMA) has shown a positive crossover, making future price movements uncertain. If the price goes above $39.75, ORDI might test the resistance level at $50.75. If it falls, it could drop to the support level of $28.25.
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