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Making the most profit from a bull market requires attention to the promising altcoins and meme coins with explosive potential. 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 the next cryptocurrencies to explode and inform investors and traders about each token. Also included in the post is an overview of the market trend of crypto assets, which have the potential to post significant gains in the future.
Next Cryptocurrency To Explode
Experts suggest 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, Flockerz (FLOCK). FLOCK is a new meme coin that offers a unique vote-to-earn reward system, fosters strong community connections, and provides attractive staking benefits. The Flockerz team has already raised $700,000. Further details about the project and its future outlook are shared below.
1. Movement (MOVE)
The $MOVE token has captured attention with its remarkable performance since its launch on December 9. Over the past month, it has delivered a solid 27.68% gain, maintaining a bullish trend that has kept investors optimistic. While recent daily and weekly charts show some losses, the token’s overall momentum suggests there’s still room for growth.
Currently priced at $0.7981, $MOVE is poised for a potential breakout. It is forming a classic cup-and-handle pattern, a bullish indicator that often signals upcoming gains. Supporting this optimism, open interest in $MOVE’s futures market hit an all-time high of $103.93 million in late December, doubling the previous day’s figure of $56.03 million, according to CoinGlass. This surge in futures activity highlights strong trader interest in the token.
In addition to its market performance, $MOVE is backed by positive developments from Movement Labs. Reports suggest the company is close to completing a Series B funding round targeting $100 million. This funding milestone would value Movement Labs at an impressive $3 billion. The round is expected to be co-led by CoinFund and Nova Fund, part of Brevan Howard’s digital assets arm.
As part of the funding deal, investors will receive both equity and $MOVE tokens, strengthening the token’s position in the market. The funding round is anticipated to close by the end of January, marking another significant step for the project’s growth.
2. Pudgy Penguins (PENGU)
Despite a recent 10.97% dip, with PENGU now trading at $0.02907, this decline reflects the broader challenges facing the altcoin market. However, it’s essential to recognize PENGU’s impressive performance since its launch on December 17. The token surged by 481.58% early on, reaching a market cap of $2.8 billion before settling at $1.82 billion, according to CoinMarketCap.
Large holders continue to take profits during the token’s rally. On January 4, a newly created wallet withdrew 84 million PENGU (worth $3.13 million) from Binance, suggesting some traders remain cautious. At the same time, Pudgy Penguins, the project behind PENGU, experienced a slowdown in its NFT sales. Sales dropped by 52% in early January to $5.5 million, with transactions, buyers, and sellers seeing notable decreases of 51%, 56%, and 41%, respectively.
While NFT sales slowed, Pudgy Penguins achieved remarkable success with its digital content. In the first week of January, the brand’s GIFs and stickers surpassed 1.1 billion views. The community, led by influencer Berko Crypto, also launched a sold-out sticker experiment on Telegram and gained significant traction through viral campaigns on Instagram and TikTok.
Pudgy Penguins plans to expand PENGU beyond its current network. The team aims to integrate the token with Ethereum and Abstract, an Ethereum layer-2 scaling solution. With a total supply of 88.88 billion tokens, 25.9% has been set aside for airdrops to NFT holders, strengthening ties between the token and its community.
3. Flockerz (FLOCK)
Flockerz (FLOCK) has been making waves during its presale, raising over $100,000 daily and nearing an impressive $10 million milestone. While its growth may not match the rapid pace of tokens like Wall Street Pepe, FLOCK’s steady momentum and innovative approach, called “Flockenomics,” have captured significant investor interest.
With $9.6 million already raised and just over eight days remaining in the presale, Flockerz has built strong anticipation. Each FLOCK token is priced at $0.0066883, and the growing interest underscores the project’s effective marketing and appeal to both new and seasoned investors.
When that vote doesn't quite go your way 🤬🐦 pic.twitter.com/RXvPM11Lr4
— Flockerz (@FlockerzToken) January 12, 2025
The tokenomics, or “Flockenomics,” set Flockerz apart. 20% of the token supply is dedicated to presale investors, while 25% is allocated for staking rewards, offering holders passive income. Another 25% goes toward FlockTopia DAO rewards, empowering decentralized governance. The remaining tokens are split between marketing (20%) and exchange liquidity pools (10%), ensuring balanced growth and accessibility.
Flockerz’s price growth potential has been a key talking point. If the presale hits the $10 million mark, with $1 million directed to liquidity pools, only an additional $500,000 in inflows could double the token’s price. This projection has further fueled enthusiasm among prospective buyers.
Purchasing FLOCK tokens is straightforward. Investors can visit the official Flockerz presale page to connect their crypto wallets or use the Best Wallet app for direct purchases. Payment options include ETH, BNB, USDT, or even a bank card, making it easy for investors to get involved.
4. UNUS SED LEO (LEO)
UNUS SED LEO (LEO) stands out as a versatile utility token within the iFinex ecosystem, offering numerous benefits for users of the Bitfinex exchange. Its unique dual-chain structure operates on both Ethereum (64%) and EOS (36%), ensuring flexibility and security for a wide range of traders.
One of LEO’s main appeals is the exclusive perks it offers. Holders enjoy reduced trading fees that scale with the amount of LEO they own, making it especially attractive for active traders. Additional advantages include lower funding costs and participation in Bitfinex’s referral program, which further enhances its value.
LEO has shown consistent performance, recording 17 green days in the past month. It is currently trading at $9.21, a notable 115.60% above its 200-day simple moving average of $3.85. While the token experienced a slight 0.94% dip in the past day, its trading volume has surged by over 46% to $861.95K. Despite its relatively low liquidity, with a volume-to-market cap ratio of 0.0003, market sentiment remains bullish. A Fear & Greed Index score of 61 (Greed) reflects growing confidence among investors.
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A standout feature of LEO is its innovative buyback and burn mechanism. iFinex allocates 27% of its revenue to repurchasing LEO tokens, gradually reducing their supply and potentially increasing their value. This mechanism positions LEO as a strong competitor to other exchange tokens like Binance Coin (BNB), OKB, and Cronos (CRO).
5. Pax Gold (PAXG)
Pax Gold (PAXG) offers a unique way to invest in gold, blending the stability of a timeless asset with the ease of blockchain technology. Each PAXG token represents fractional ownership of a London Good Delivery gold bar securely stored in Brink’s vaults. This approach makes owning and trading gold simple, accessible, and highly liquid, bridging the gap between traditional commodities and digital assets.
Over the past week, PAXG’s price rose modestly by 1.05%, reaching $2,670.66. While the growth is steady rather than dramatic, the token’s high liquidity, with a market cap-to-volume ratio of 0.0339, reflects consistent demand. Its Relative Strength Index (RSI) stands at 63.48, indicating a neutral position with potential for stability or slight movement. Additionally, its low volatility of just 0.72% reinforces its reputation as a dependable asset, with 50% of the past month closing in the green.
Long-term performance adds to PAXG’s appeal. The token is currently trading 4.21% above its 200-day simple moving average (SMA) and has gained 32% year-over-year. While its growth pace is measured—outperforming only 49% of the top 100 cryptocurrencies—it aligns well with its role as a stable and reliable investment.
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