Next Cryptocurrency to Explode Monday 19 June - Launchpad XYZ, Shiba Inu, Maker

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The crypto market has lost 0.59% of its capitalization over the last 24 hours and is different from our last next cryptocurrency to explode post. The total crypto market capitalization is now at $1.07 trillion.

In the course of the last 24 hours, the total crypto market has made a trading volume of $20.12 billion. That is a 0.91% drop from the previous 24 hours. The decentralized finance sector had a total trading volume of $1.38 billion in the same 24-hour time frame. This is 6.87% of the total market trade. Stablecoins secured the remaining 92.71% of the market trading volume. The volume of its trade stands at $18.65 billion.

Bitcoin once again lost 0.05% of its market dominance. The top coin now dominates the market by 48.11%

Stocks in Asia have paused their recent rally as they wait for Chinese stimulus package announcements. Shares in Europe have also fallen Monday morning. The US market also waits for Powell’s testimony before taking a decisive turn.

The Next Cryptocurrency To Explode

The wide instability of global finance is part of the continuous effects on the global crypto market. Inflation calls keep putting investors on their toes for having to make rapid investment decisions at once. The US Federal Reserve insists there will be more rate hikes this year. Other parts of the world are also waiting to take a cue from the Feds’ decision as it leads the largest economy in the world.

Crypto assets are reflecting the global economic mood with the relative topsy-turvy attending the market. But a few assets also show the upside of the market at consistent intervals. These assets carry the crypto market at times like this. It s*hows that investors have a lot of confidence in these assets to give them high returns when the downtime is over. They are the next cryptocurrency to explode that we are going to explore today.

1. Launchpad XYZ (LPX)

While the crypto market is going up and down at different intervals, there are many outstanding projects for investors to make a pick from. The major task is how to assess those projects and gauge their values with regard to their investment returns.

Launchpad XYZ has been one of the projects that keep showing a lot of promise in the market. It is a comprehensive dashboard that was built on Web3 and its principles. It caters to both experienced traders and novices alike through the provision of important tools to aid trading decisions.

Launchpad XYZ offers different features such as market analysis, reliable data, and other important insights. This equips users with the resources they need to navigate Web3.

Importantly, the platform offers an extensive pool of data on several tokens, giving important liquidity information, expert analysis, personalized indicators, and several other opportunities. Launchpad XYZ has been able to streamline trading steps by consolidating all features and bringing them together in one user interface. This takes away the need that users have to use many apps.

It further harnesses the positive parts of Web3 like the model for revenue sharing, fractionalizing actual assets, as well as self-custody, at the same time, it provides a user experience almost similar to that of Web2 apps. In simple terms, Launchpad XYZ gives traders the leverage of special tools to engage the crypto world.

Launchpad XYZ’s presale is now close to raising $1 million while currently selling at $0.0445. Investors see it as an opportunity to secure a place to earn good returns on their investments. Investors yet to buy the platform’s native token, LPX, should do so before the presale ends.

Visit Launchpad XYZ.

2. Shiba Inu (SHIB)

Shiba Inu is currently trading up by 3.26% today as the market struggles to get up and bounce back to a bullish position. The cryptocurrency witnessed a remarkable increase in its price within the last 24 hours. Shiba Inu’s breakthrough led to a lot of other cryptocurrencies getting to their break-even level.

Recent data from the market analyzed by IntoTheBlock shows that more than one trillion SHIB tokens have gotten back their original value due to the most recent price action on the coin.

The exponential breakthrough happened today when the price of SHIB tokens beat an important resistance point at $0.000007. This resulted in a 4.6% rise in the gain within a 30-minute time frame. This latest price is part of the recovery process of the SHIB token. It also came after there was a drop of $0.0000054 in just one week.

While this important breakout occurred, over a trillion SHIB tokens have now changed from their state of initial loss to gains, revealing the scale of the rally. Since the market’s dip in the past week, SHIB has now recovered by a cumulative 34%. This pushed more than 18.58 trillion SHIB tokens to become profitable. Importantly, this price action accounts for over 40% of every Shiba Inu asset in market circulation.

With the latest Shiba Inu rally, a lot of people in the market are watching probably the rally will continue for a long time. The rally has reignited investor optimism and that of other SHIB holders. Many of them have been expecting a positive turnaround.

Investors who are yet to acquire SHIB tokens today are encouraged to take advantage of the ongoing rally.

3. Maker (MKR)

Maker (MKR) has been pulling its own weight in the crypto market since last week while the downturn was on. Its current market performance is now noteworthy and it has drawn the attention of investors. Its market conditions point out the coin’s potential for delivering long-term success. It may also rub off on other projects so they can grow amidst the volatility.

As a decentralized network built on Ethereum’s blockchain, it plans to bring stability and all forms of transparency to the market. According to CoinMarketCap, MKR currently trades for $699.15 accounting for a 3.22% jump. The token has experienced bullish momentum for the past 30 days trading up over 3% cumulatively. The one-week and one-month trading periods show that the token’s buying pressure is growing. It can easily be considered as a better sign for traders and investors to invest more.

MKR’s market capitalization and its 24-hour volume are both up today by different percentages. The asset’s price may surge further as more demand comes up for the coin. Investors will be willing to pay more to acquire the token as it has more prospects now.

Investors who are yet to buy MKR might have to pay more if they don’t buy early. The price keeps surging exceptionally.

4. XRP (XRP)

XRP is really the next cryptocurrency to explode today as the market gets ready to receive exciting news about the case between Ripple Labs and the US Securities and Exchange Commission. According to available market data, XRP has once again become the leader among cryptocurrencies as it experiences an inflow surge. The token has a $1.1 million input this week and it has seen one of the most impressive results it would have this year so far.

As a result of this, investments focused on XRP have accumulated inflows worth more than $6 million. This is a positive move for the Ripple network and the XRP token particularly. The significance of this information is more understood by the general market expenditure totaling about $226 million.

Blockchain-based currencies open up a whole set of new opportunities that are not possible with traditional money.

Tune in with James Wallis as he discusses with @pymnts the innovations that #CBDCs make possible. https://t.co/qC5SC2aX6m

— Ripple (@Ripple) June 18, 2023

XRP will witness a huge bull run very soon, according to market analysts. The palpable victory over the US SEC will trigger most investors to spend heavily on the token as they begin to feel more investment security. XRP might, as a matter of fact, become the next Bitcoin as it is the next big cryptocurrency to explode.