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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 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
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. BinaryX (BNX)
BinaryX’s native token, BNX, is showing signs of a possible bullish breakout. Currently priced at $1.27, BNX is moving within an expanding ascending wedge, gaining momentum as it bounces off the lower trend line.
BNX needs to turn the $1.66 resistance into support for this bullish pattern to be confirmed. If that happens, it could push the price towards $2.00 and potentially result in a 39% increase, targeting $2.81 based on the wedge formation.
BinaryX, the driving force behind the GameFi ecosystem, aims to revolutionize gaming through sustainable economic models and enjoyable experiences. Secured by Binance Smart Chain (BSC) and operating as a BEP-20 token, BNX benefits from strong security measures, including a Certik audit score of 83.
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2⃣ ❤ &… pic.twitter.com/NxtxtGOrLR— BinaryX (@binary_x) September 2, 2024
Despite the current price being lower, BinaryX’s long-term performance tells a different story. Over the past year, BNX has soared by 586%, outperforming 93% of the top 100 cryptocurrencies. This makes it a strong contender for investors looking to dive into the growing GameFi sector.
2. ApeCoin (APE)
ApeCoin (APE) offers more than just meme token status; it has real utility. APE is an ERC-20 token that governs the ApeCoin DAO and plays a key role within Yuga Labs, the company behind the Otherside metaverse and popular NFTs like BAYC and MAYC.
APE’s price has recently risen by 7.62%, trading at around $0.68. With a market capitalization of $408 million and a trading volume of $50 million, ApeCoin is showing steady growth.
As part of the BluePrint initiative, ApeCoin is working on developing consumer-grade applications, forming content partnerships, and advancing the ApeChain network. Greg Solano, co-founder of Yuga Labs, focused on delivering engaging day-one content partners for a strong user experience.
Additionally, the BANANA Bill aims to fund ApeChain’s ecosystem and offer user incentives. ApeChain will also incorporate Arbitrum milestones like Stylus, Timeboost, BoLD, and Cluster Chains.
APECHAIN x Pyth 🦍🔮
💻 Open-source data distribution
📊Real-time price feeds for crypto, equities, commodities, and more
🔢 Random Number Generator (RNG) integrations
🎮 Adopted by @soneium (Sony Group)Pyth empowers builders in our ecosystem to build better apps. pic.twitter.com/B0VBbYQqvY
— ApeCoin (@apecoin) September 5, 2024
ApeCoin has partnered with several Web3 firms, such as Halliday, Decent, and Privy, to simplify onboarding, offering fiat on-ramps through the ApeChain Portal.
Looking ahead, APE is predicted to reach $1.02 by the second half of 2024. By 2025, it could range between $1.78 and $2.14, with an average price of $1.84. By 2030, the price may rise to between $12.41 and $14.39, with an average of $12.84.
3. Mega Dice (DICE)
Mega Dice ($DICE) has raised over $1.75 million in its ICO, gaining strong support from investors in the online betting industry. With over 50,000 active players, Mega Dice is becoming a key player in crypto gaming. Users wager an average of over $50 million monthly on the platform. Its native token, $DICE, is currently in presale, and the recent addition of staking has likely attracted more investors.
$DICE holders can earn passive income through staking, rewards, cashback, and exclusive promotions. Staking rewards are tied to the profits of Mega Dice’s online casino, giving holders a share in the platform’s success. Investors can still buy $DICE at the discounted ICO price of $0.116056.
However, the strong interest in the presale means this price won’t last long. In less than ten days, the cost of $DICE will rise as it enters the next presale stage.
WARNING: Time's Almost Up to Grab $DICE at the Lowest Price! 🚨
The $DICE presale is about to close its doors, with the last price increase happening this Tuesday! This is your absolute final chance to get in on the best #GameFi token on #Solana before the price skyrockets! ⏳… pic.twitter.com/vzF1t77DsA
— Mega Dice Casino (@megadice) August 30, 2024
Mega Dice is also Telegram’s first licensed gambling service, operating under a Master Gaming License from Curaçao in the Dutch Caribbean. As the platform grows, its $DICE token offers exclusive benefits to users, further boosting its appeal.
Join the Mega Dice Presale Now
4. 1Inch Network Token (1INCH)
1-inch Network may be last among today’s top gainers, but its efficient trading and strong security set it apart. The 1INCH token saw a 2.50% price rise in the last 24 hours. While this increase seems small compared to other gainers, 1INCH’s high liquidity is evident from its 0.3875 volume-to-market cap ratio.
1inch Network connects decentralized protocols, offering some of the most profitable, fast, and secure operations in DeFi. A key advantage is its gas efficiency, which consumes up to 16% less gas than other DEX aggregators and saves users money on swaps.
1inch prioritizes security, with its smart contracts audited by leading firms like OpenZeppelin and ConsenSys. Additionally, the platform supports over 400 liquidity sources across 12 chains, ensuring users get competitive rates.
🔥 Ready for this? $400B+ in total volume on the Ethereum network—and we’re moving full speed ahead!
While others are still gearing up, we’re already leading the charge and setting the standard ⚡
Wanna see how far we’ve come together? 👉 https://t.co/CjGofzBunc pic.twitter.com/qNeSlVWWpX
— 1inch (@1inch) September 6, 2024
1INCH shows a neutral trend in the short term, with a 14-day RSI of 53.10, indicating no clear market direction. The token had 15 green days in the last 30 days, and its low volatility of 5% suggests more predictable trading.
In the long term, 1INCH is trading 29.42% below its 200-day SMA, which may be concerning. However, over the past year, it has achieved a 6.23% price increase, outperforming 27% of the top 100 crypto assets.
5. Mog Coin (MOG)
Mog Coin is gaining attention as analysts discuss its potential to outperform popular meme tokens like Shiba Inu. A recent report highlights Mog Coin as a strong contender in the meme coin market, attracting those looking for high profits. Its quick rise can be credited to strong community support and smart marketing strategies.
In the past 24 hours, Mog Coin’s price has increased by 2.38% despite challenges in the broader crypto market. This growing interest is driven by its active community and the momentum it has built since its launch. With a market cap of over $286 million, Mog Coin is becoming popular among meme coin enthusiasts.
$MOG is making waves with some big recent developments 🫵😹@MogCoinEth pic.twitter.com/v4gkn4Zd9F
— Rypto (@Rypto__) September 3, 2024
A key reason for Mog Coin’s success is its strong presence on social media, which keeps the community engaged. For those looking for affordable investments with high growth potential, Mog Coin offers a promising opportunity. Its ability to bounce back from market corrections has also boosted its position.
While Mog Coin has had a strong start, it still faces competition from more established coins. Investors should consider the opportunities and risks before diving into this emerging project, as its long-term success is uncertain.
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