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The altcoin market looks promising, and many altcoins are recording gains. Bitcoin (BTC) is still struggling to return to its all-time high of $70K, although it managed to surpass 67K. Investors need to stay alert during this consolidation phase, as it could be a chance to catch a ride on a rising trend.
Prices of various altcoins are already showing positive movements, even before the market takes off entirely. That is why today’s article is dedicated to identifying the next cryptocurrencies to explode and inform investors and traders about each token.
Next Cryptocurrency To Explode
Savvy investors anticipate a boom in the altcoin market and taking positions in upcoming tokens like the Crypto All-Stars. The project aims to revolutionize the meme coin space with its groundbreaking MemeVault Ecosystem. This post covers the details of its presale.
1. Beam (BEAM)
Beam (BEAM) is showing positive momentum, with its current price at $0.01729, reflecting a 7.97% increase in the last 24 hours. Over the past month, Beam has had 14 “green days,” meaning its closing price was higher than its opening price 47% of the time. Despite this, Beam shows promising movement due to its high liquidity compared to its market capitalization. The overall market sentiment for Beam remains bullish, with 14 technical indicators pointing to a positive trend.
Looking ahead, Beam is expected to stay steady. Its price forecast for October 19, 2024, is predicted to remain unchanged at $0.016314. However, by October 22, 2024, the price may rise to $0.018278, marking a potential 12.04% increase. The upward trend may continue, with a possible high of $0.021578 by the end of the month.
Beam’s recent performance suggests cautious optimism, with gradual price increases expected in the coming days. The neutral market sentiment combined with bullish technical signals makes Beam an asset worth watching for further developments.
The @BeamGamers play so many games, sometimes it's hard to keep up!
We play @BuildOnBeam games, but also games on other chains.
Like @aavegotchi's game: @gotchiguardians 👻 https://t.co/MlT95ATJfb
— Beam (@BuildOnBeam) October 18, 2024
The growing interest in Beam may be driven by increased attention to privacy-enabled cryptocurrencies. According to Santiment analysts, social media platforms are seeing more posts discussing Beam’s development and active community involvement.
2. Mog Coin (MOG)
Mog Coin (MOG) has shown some price fluctuations over the past day. As of now, MOG’s price sits at $0.052133, marking an 8.09% increase. Along with this price rise, its market capitalization has grown to $833.07 million, and trading volume has jumped by 34.49% to reach $33.72 million. The total supply of MOG tokens is currently 390.57 trillion, while the maximum supply is 420.69 trillion. This indicates that there has been significant trading activity and demand for the token recently.
In the past week, MOG has posted the third-highest gains among the top 100 cryptocurrencies, according to CoinMarketCap. Several well-known celebrities and crypto influencers appear to have invested in this meme coin, as seen in their social media posts. However, with a market cap of $833 million, some investors are questioning if it’s too late to invest in MOG.
A key reason for Mog Coin’s success is its strong social media presence, which keeps its community active and engaged. For investors looking for affordable options with growth potential, Mog Coin presents an exciting opportunity. Its ability to bounce back from market corrections has also solidified its position.
Future is so bright 🫵😹 pic.twitter.com/gCiZykMJ7z
— MOG COIN (@MogCoinEth) October 18, 2024
While analysts like Gem Insider predict that MOG could reach a $4 billion valuation in the next six weeks, others are more cautious, suggesting the current trend might not fully support this. Meme coins often hit $1 billion valuations quickly but tend to slow down as whales move on to newer coins. Investors may want to wait for a price correction before entering the market.
3. Crypto All-Stars (STARS)
Crypto All-Stars is making a significant impact in the meme coin space with the introduction of its innovative MemeVault Ecosystem. This platform allows holders of various meme coins to earn rewards through its native token, $STARS. By bringing multiple meme coins together, Crypto All-Stars simplifies multi-token and multi-chain staking, making it easier for users to manage their crypto assets.
What makes MemeVault unique is its ability to let users stake multiple meme coins from different blockchains in one place. This offers more flexibility compared to traditional staking, where investors are often limited to one token on a specific blockchain.
During its presale, Crypto All-Stars raised $2.46 million, close to its goal of $2.62 million. The token is currently priced at $0.0015067, with a price increase expected in less than 22 hours. Early investors have a short window to join before the presale concludes.
The project has gained significant attention from major platforms like Techopedia, CoinGape, CryptoPotato, and Bitcoin.com. These partnerships are helping boost Crypto All-Stars’ visibility, attracting more participants to its growing MemeVault Ecosystem and establishing it as a rising star in the crypto community.
Visit the Crypto All-Stars Presale
4. Cat in a dogs world (MEW)
cat in a Dog’s World ($MEW) has been gaining attention from investors, with its popularity steadily increasing. Over the past week, the price of $MEW has seen significant growth, rising from a low of $0.006289 to $0.009199. As it approaches a market cap of $850 million, it is making its third attempt to break through this resistance level, showing strong potential for future growth. This upward trend makes $MEW an interesting option for those looking to expand their crypto portfolio.
With a solid following of 120,000 on Twitter, the community engagement surrounding *Cat in a Dog’s World* is impressive. Numerous likes and retweets reflect the excitement and enthusiasm among supporters. The project’s website emphasizes the unique positioning of cats in a market traditionally led by dog-themed tokens, offering clever branding and a vibrant ecosystem that could attract potential investors.
Currently, $MEW is nearing its all-time high (ATH) from March 2024, and excitement is building. While Popcat, Solana’s leading cat-themed meme coin, has dominated the market recently, this week’s clear difference in the performance of MEW and Popcat may signal a turning point.
The bullish momentum for $MEW continues, with the coin maintaining a steady recovery after rejecting interim lows. The rising on-balance volume (OBV) suggests that the bullish trend is likely to continue, leading to a new ATH at $0.011 as positive sentiment and buying volume increase.
5. Jupiter (JUP)
Grayscale recently added Jupiter (JUP) to its list of assets under consideration. Jupiter is one of the most active decentralized exchange (DEX) aggregators on the Solana blockchain, known for supporting meme token activity and distributing fees to the community. This makes JUP a strong financial project within the Solana ecosystem. With Grayscale considering adding Jupiter to its offerings, this token may attract more interest from investors seeking fresh opportunities in the crypto space.
As more investors shift away from well-known projects like Chainlink and Polygon, emerging altcoins like Kaspa, ATOM, and Jupiter are gaining attention. These altcoins are becoming popular and could present new investment opportunities during the current market cycle.
Introducing @ApeJupiter — Solana’s Memecoin Terminal.
Pro-Performance, Mobile Convenience, available for all.
Ape Memes, https://t.co/Zyav1SnwJn. pic.twitter.com/SyZCTf7HCn
— Jupiter 🪐 (@JupiterExchange) October 17, 2024
Jupiter (JUP) has been trading between $0.8075 and $0.8744 over the past six months, showing resilience despite price fluctuations. Recently, JUP saw a 4.74% increase, reaching $0.8564, supported by its 10-day moving average. With growing buying pressure, the price could rise to $0.93, offering a potential 42.74% gain from current levels. Although its performance has been mixed, Jupiter shows strength and could break out as the market recovers.
Additionally, Jupiter recently launched Ape Pro, a professional-grade meme coin trading application unveiled on October 17, 2024, via its official X account. Available on both mobile and web platforms, Ape Pro offers advanced data analytics, real-time token streaming, and optimized MEV protection, catering to the needs of meme coin traders.
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