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Earning significant ROI in a bull market could mean paying attention to the meme coins and Altcoins with explosive potential. However, identifying the next cryptocurrencies to explode might be a bit challenging 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
It’s that time in the market when investors and traders take a position to either edge their gains or capitalize on emerging trends. Experts believe investors have a better chance of finding the next cryptos to explode among upcoming crypto projects. With that in mind, investors should explore the potential of Mega Dice. The project aims to reward current casino users with many benefits while drawing in new ones. Updates on the project and its prospects are shared below.
1. Turbo (TURBO)
The price of Turbo jumped by over 63% in the past 24 hours, reaching $0.004632 at 5:53 a.m. EST. This spike happened as investors eagerly bought the Ethereum AI meme coin. The rise in TURBO’s price is linked to the overall increase in Ethereum token values following the approval of the spot Ethereum ETF.
In the last 24 hours, TURBO also surpassed a significant resistance level. The Turbo price could turn the next key resistance level into support if this upward trend continues. However, the bullish outlook might be invalidated if TURBO falls below the recently crossed mark in the next 12 hours.
Over the next 1-3 weeks, look for a range of developments from $TURBO. 🚀
Our grassroots revolution has caught the attention of the big players! 👀
Stay vigilant, stay determined, and let's continue to show the world what we can do. 💪#OnOurWay #TopMemeCoin pic.twitter.com/5I5FbprQue
— Turbo 🐸 (@TurboToadToken) May 25, 2024
As the cryptocurrency market continues to show bullish sentiment, the Artificial Intelligence (AI) sector will likely see significant price increases in the coming weeks. Additionally, with over 300% Year-on-Year (YoY) growth, this sector has the potential to lead the next market rally.
2. Mega Dice (DICE)
Mega Dice is a well-known crypto casino that recently launched its cryptocurrency. So far, the DICE Telegram community has grown rapidly and recently reached over 10,000 members. These members engage in daily discussions about the DICE token, its uses, and potential partnerships and provide technical support to each other.
Although the casino token has not yet gone live, it boasts a large, supportive community. Mega Dice has over 50,000 registered users and over 10,000 active monthly players. This existing user base provides a strong foundation for the DICE token’s launch. According to a Telegram announcement, many users are ready to become DICE token holders.
The DICE token offers several benefits, including daily rewards, limited edition NFTs, and early bird bonuses. These incentives could drive significant interest once the token is live. Currently, DICE is in presale and has raised over $1.2 million, selling 17.2 million tokens at $0.075 each.
Investors can purchase DICE using SOL, ETH, or BNB and immediately take advantage of the offered benefits. Mega Dice’s daily rewards will provide free bonuses to DICE holders based on the casino’s daily performance. Early bird bonuses give additional DICE tokens to early presale participants, enhancing their initial investments.
Our Season 2 AIRDROP is still ongoing! Don't miss your chance to grab a share of the $750,000 airdrop! 😍
The $DICE presale has already reached $1.3M and is well on its way to the next target of $2M! 🚀
Remember, 1 $DICE = 0.075. Price will increase when we hit $2M🚀
— Mega Dice Casino (@megadice) May 24, 2024
Limited edition NFTs offer special privileges and rewards to select DICE holders who play at Mega Dice. These NFTs can also be traded on the market for cash. Additionally, DICE will offer staking, seamless integration into the Mega Dice Casino ecosystem, and user rewards for referrals.
3. Uniswap (UNI)
After fluctuating within a tight range for several weeks, UNI broke out on May 20th. This solid upward trend pushed the price to a peak of about $9.6. In the past 24 hours, UNI surged another 20%, climbing to over $10.
The recent rise in UNI’s price set a new monthly high at approximately $10.8. This movement has confirmed a renewed DeFi boom, with market capitalization increasing despite a significant drop in volume. Since the approval of the spot Ethereum ETF, market sentiment has turned bullish. Uniswap’s price has gained strength and has broken through the psychological barrier. This marks the start of a new bullish phase that could lead to a 25% increase, potentially driving the price above $13.5.
Uniswap’s recent price movements suggest a positive market sentiment as it nears its upper price limits. The coin consistently finds support at higher levels, indicating strong confidence among traders. Short-term indicators reveal a slight pullback from recent highs, which may provide a better entry point for those interested in decentralized finance.
All-time L2 volume on the Uniswap Protocol is about to reach $300B
That’s a lot of swaps 🤯 pic.twitter.com/sfpgYvy7Ta
— Uniswap Labs 🦄 (@Uniswap) May 22, 2024
If the UNI price rally gains momentum, it could test higher targets in the coming days, potentially exceeding $20. The current market sentiment and trading activity have caught the attention of large investors, who have been accumulating UNI for weeks.
4. Celsius (CEL)
Celsius (CEL) has experienced a notable boost in sentiment and trading volume, resulting in an impressive 89.79% price increase at the time of writing. This surge occurred after a day of losses in high-volume cryptocurrencies, drawing the market’s focus to CEL. The sharp increase sparked discussions in the cryptocurrency community, with some speculating about a potential pump-and-dump scenario.
CEL’s dramatic rise placed it among the top gainers in the past 24 hours. This increase was accompanied by a surge in trading volume, heightened whale activity, and overall market movements. Following this surge, CEL’s market cap climbed to $51 million, although it remains outside the top 500 cryptocurrencies. The growing interest in CEL within the crypto community has sustained the rise in high-volume altcoins.
Currently, CEL has surpassed $1.30, with a 7-day gain of around 115% and a 30-day increase of over 700%. The spike in volume has also attracted significant attention from whale activities. The sentiment generated by these whales has prompted market makers to monitor CEL closely, anticipating further gains. Today’s remarkable price growth has drawn investors to Celsius.
5. Lido DAO (LDO)
The LDO cryptocurrency price has rebounded, moving up from the wedge and suggesting a possible breakout from the bullish falling wedge pattern. This indicates there is significant potential for the price to rise further. The LDO price has also climbed to $2.55, with a market cap of $1.965 billion and a weekly gain of 39.21%.
Currently, Lido DAO is among the top five cryptocurrencies experiencing price surges. At the time of writing, the LDO price has increased by 14.90% in the past 24 hours. Over the past week, Lido DAO has also shown significant growth, starting at a market price of $1.818.
Moreover, the Lido DAO protocol has demonstrated significant adoption and success, even though the token is mainly used for governance. The recent surge is partly fueled by a new factor: the approval of an Ethereum-based exchange-traded fund (ETF).
The Lido Alliance is coming ✨
A flourishing ecosystem of Ethereum-aligned projects built around stETH.
— Lido (@LidoFinance) May 24, 2024
Although LDO was once seen as a “dead” coin, a crypto analyst pointed out that its price often mirrors the trends of Ethereum (ETH) and Bitcoin (BTC). This suggests that LDO’s price rise might be linked to a potential rebound in the Ethereum market.
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