Next Cryptocurrency to Explode Monday 26 June

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The crypto market follows the trajectory of global finance. Markets held their nerve over the weekend following the aborted coup staged in Russia. As the world stayed glued to the media to see how the attempted mutiny by Russian mercenary leader, Prigozhin, would turn out, markets also reacted quite negatively due to fears that it could go out of control and trigger economic chaos.

The Russian Ruble has since fallen to a 15-month low against the US dollar. Goldman Sachs has also hinted that the Russian crisis has caused the global community to rethink its approach to oil market balance and risks.

Meanwhile, the Bank of International Settlement (BIS) made a renewed call on Sunday for central banks to introduce more interest rate hikes. The bank said the global economy is now at a critical juncture as many countries struggle to curb inflation.

Inflation in the top countries has remained high while the rate hikes have caused some institutional collapses.

The crypto market took a cue from all these factors. Investors and traders also stayed on the sidelines, as reflected by the charts and tables. The market mood is that of caution since no one knows precisely what direction things will turn next.

Nevertheless, the crypto market held above average over the last 24 hours. This shows that traders’ appetites might improve this week. It could also lead some assets into a much-need bullish phase. The next cryptocurrency to explode will have to give investors sufficient confidence that it has prospects to turn in profits in the midst of the ongoing chaos.

The Next Cryptocurrency To Explode

1. Ecoterra (ECOTERRA)

Ecoterra continues to create a loud effect in the market. It has done this since the beginning of its presale because of the uniqueness and utility of its offering. The project has now raised more than $5.4 million while selling at $0.00925. It is special that a project like that has pulled such effects and drawn investments.

In a world struggling with various effects of carbon emission and other forms of pollution that threaten the planet, a project that helps reduce pollution will garner much support. Ecoterra came up with an application that allows people to scan some disposable materials while disposing at designated places. They will earn ECOTERRA as a reward for their recycling efforts. The smart innovation engulfed the crypto ecosystem like wildfire and it has gained so much traction.

#Technology plays a vital role in enhancing human life, and ecoterra recognises the power of #BlockchainTechnology in driving #Sustainable solutions for our planet 🌍💻

Join us in our mission to create a greener future 🌿✨https://t.co/1fYkPOsPYG #RecycleToEarn #Presale pic.twitter.com/AiuY6fvGIJ

— ecoterra (@ecoterraio) June 26, 2023

The concept Ecoterra came up with is described as Recycle-2-Earn. The major goal is to encourage recycling, encourage people to cut down on their carbon emissions, and make them earn while at it.

The great success the Ecoterra presale has achieved is indicative of the potential investors see in it. The current low price advantage of a presale is what makes this period super amazing. It is, thus, a great time to buy some ECOTERRA tokens. The presale has a hard cap of $6.7 million after which the presale will wrap up. Seeing the rate at which funds are coming in, that target may be reached any time soon. The best time for you to buy the next cryptocurrency to explode is now!

Visit Ecoterra.

2. Uniswap (UNI)

Uniswap has now become a force to be reckoned with in the crypto market. It has registered a growth of about 22% over the past week. The platform, built on the Ethereum network, has gained much recognition due to its innovative way of addressing peer-to-peer token exchange.

It has a specially built automated market maker and it also emphasizes empowering users. These unique features have made Uniswap the preferred platform for liquidity providers and traders. But traders are now wondering if Uniswap has sufficient power to keep going on this trajectory of increase and to maintain the momentum.

One of the known factors contributing to UNI’s rise is its incentives given to users on Optimism Network. The effects of the incentives varied from place to place when decentralized finance and liquidity are involved but the asset’s price is showing a bullish momentum.

UNI, the next cryptocurrency to explode, currently sells at $5.44 on Coinmarketcap and it is up by 3.08% on the day.

3. ApeCoin (APE)

ApeCoin is a crypto project of the Bored Ape Yacht Club (BAYC). The BAYC, at the time, was the leading project when it came to NFTs. ApeCoin was designed as the native token of that ecosystem and the token simply rode on the community’s waves. ApeCoin (APE) was created by Yuga Labs, which created the BAYC, to let users have easy access to games, merch, and other items including access to the ecosystem’s events.

ApeCoin benefitted from the huge support given to all Yuga Labs projects and it developed other utilities. The token, however, got affected by the turn of events which made it lose some steam. It is observed that more addresses are being created on the platform recently. This is one of the factors responsible for the platform’s growth. There has also been renewed interest in NFTs recently. The utility of their native tokens will definitely be required.

A new dispensation is opening up for APE and the community that supported it all these while. Long-term holders of the token are looking ahead to take in their profits. New investors who would like to partake in this have the right opportunity to join the train now.

4. TRON (TRX)

Tron has achieved a new milestone that sets it on the path of the next cryptocurrency to explode. The platform marked the 5th anniversary of launching its mainnet. It is also tagged the platform’s independence day. In his anniversary speech, TRON founder, Justin Sun said he wanted to take the opportunity to appreciate everyone who supported the project over the years.

Sun clarified that the last five years were spent by the TRON network decentralizing the internet. He said the new phase that the platform has now entered is to build a free port in the metaverse. Sun went ahead to appeal for the community’s support as the new chapter unfolds.

TRON launched its mainnet in 2018 in a move that separated its tokens from that of Ethereum. It also established the independence of its operations from Ethereum at the same time. TRON began to challenge the centralized system and committed to creating a decentralized system. The determination and hard work put in place have led to improvements in blockchain technologies across the globe.

TRON has since become an important part of building infrastructure in the crypto space. The platform now serves more than 168 million users across the globe while it has processed over 5.9 billion deals. Its total value locked is estimated to be over $11.5 billion, making it second after Ethereum.

All these data contributed immensely to the growth of the network’s native token, TRX. Investors’ funds have been pouring in lately on the renewed realization of what the TRON network is capable of and how much returns it delivered in the past. There is no better time to invest in TRON than now when it still sells for a low price of $0.07391.

5. NEAR Protocol (NEAR)

The NEAR network rose exponentially to as high as $1.60. This came after it was announced that Near Foundation has entered a partnership with Alibaba Cloud. NEAR was down by about 4% but it jerked back up after the new partnership was announced.

Near Foundation said in the announcement that the partnership will grant it access to Alibaba Cloud’s ecosystem in some critical regions. These include places like the Middle East and Asia. Near would then be able to draw new developers to work on its blockchain through Alibaba Cloud’s infrastructure and RPC.

Such innovative moves always get investors interested in projects even if they haven’t looked in its direction for a while. This gives the assurance that the token will advance and bring returns in good time.