Next Cryptocurrency To Explode Sunday, December 10 - Frax Share, Cronos, Synthetix

Join Our Telegram channel to stay up to date on breaking news coverage

Generally, the end of the year in the crypto industry brings mixed feelings for investors. As the industry enters the halving year, the market is divided between the extremely greedy or optimistic and the cautious crypto investors. More importantly, the debate between bitcoin bulls and bears about its ultimate price destination is even more intense.

Next Cryptocurrency To Explode

Regardless of how bitcoin performs, crypto investors must decide how to allocate their capital, especially in the altcoin category. Hence, what are the next cryptocurrencies to explode? In today’s article, we’ll cover crypto assets with exceptional price movement in the last 24 hours, reviewing why they’re recording massive price actions. Included also in the list are the updates of presales opportunities that will likely become the next penny crypto to explode.

1. Frax Share (FXS)

What happens when FXS finally breaks the $10 resistance? Currently, the FXS price is at $9.3, and it has maintained consistent gains for the past 60 days, long before the crypto rally took off. Its price has increased steadily from $5.4 to its current price of $9.3, giving it over a 73% gain.

Even though altcoin assets are said to record relatively lower rallies compared to bitcoin and other major tokens, like Ethereum, it’s hard to ignore the gains of FXS and other similar assets. As the token climbs closer to the $10 – $12 range, investors may have to watch its price actions closely as it might be one of the next cryptos to explode.

Judging from its recent price moments, especially in the past 52 weeks, the bulls likely maintain the upper hand much longer than is expected. Today’s market data reveals that FXS has gained over a 2% price increase and trading volume pump of over 35%. Additionally, its moving averages print values ranging from $6.6 – $9.1, which signals potential bullish momentum as they’re relatively lower than its current price.

On the other hand, the FXS RSI value indicates that it’s nearing the overbought zone, and its price may experience a pullback sooner. Nonetheless, a drop in FXS price may be an opportunity to buy the dip as it will likely return to its uptrend afterward.

2. Cronos (CRO)

Cronos rose by nearly 43% in November, and many speculate it will replicate a similar performance this month. Nonetheless, is Cronos the next crypto to explode? CRO printed over a 9% price pump today with a trading volume increase of 250%. Since its arrival on OKX a few days back, the asset’s value has steadily increased by nearly 18% from $0.09 to $0.1

$CRO is now available on @okx On-Chain Earn🔥 https://t.co/5GfiI7a4vD

— Cronos (@cronos_chain) December 8, 2023

Its recent price movement gave it the new YtD-high value of $0.12. However, it recently fell from that high to a value that ranged between $0.09 and $0.1. Nonetheless, CRO has maintained a bullish momentum that might return its value to $0.12.

With its strong fundamentals and the overall outlook of the crypto market, CRO will likely find the momentum it needs to push beyond the $0.1 – $0.2 resistance region. However, the probability of CRO becoming a $1 this quarter crypto is quite low as it is constantly plagued with relatively low liquidity. Notwithstanding, if it successfully breaks out of the resistance, CRO might head towards the $0.5 value or as high as $0.8 or more.

Even if CRO’s value does not cross the $1 mark, its potential for immense gains remains viable. Investors should watch its trends as it might become one of the tokens printing massive gains as the bull run reaches its peak.

3. Avalanche AVAX

Investors considering altcoin investment should look into the AVAX price action as it is remarkable. Its performance is mirroring the gains of Ethereum and other major coins.

In the last 60 days, AVAX has recorded a price pump that’s taken its value from $9 to $33, a whopping 266% increase in the said period. Even more impressive is that the token shows no sign of relenting as the current value of its short-term and long-term moving averages remains below its present value, and its MACD reading remains bullish.

Is AVAX the next crypto to explode? Avalanche has had an impressive year, outperforming Bitcoin, Ethereum, and over 80% of the top cryptocurrencies. From today’s market data, AVAX has recorded a 4.5% price increase in the last 24 hours, making it one of the top gainers today. Besides today’s performance, it has also seen about 22 green days in the last 30 days.

With its strong fundamentals and bullish signals from its technical indicators, it’s clear that AVAX is one of the cryptocurrencies to watch this season.

4. TG.Casino (TGC)

The telegram-based Casino crypto project, TG.Casino will likely become one of the new crypto projects to explode. The reason is plausible as it taps into various opportunities that position it for potential success. The new project leverages the established Telegram customer base, blockchain technology, and the growing crypto casino niche. The project aims to provide telegram users access to hundreds of casino games. Hence, the TGC holders will hold the power over the future of crypto casinos.

It recently entered its $3,730,621 as it moves closer to its $5 million goal. It means the crypto industry is about to welcome a new addition to one of the fastest-growing crypto sectors besides the DeFi.

Investors still have a chance to buy TGC for as low as $0.18, perhaps the cheapest it will ever be. As soon as the presale reaches the $5 million milestone, the chance to get it at that price disappears.

Each $TGC token is now worth $0.175🤩

Congratulations to everyone who bought and thank you to everyone who is taking part in this presale🎰 pic.twitter.com/Y85QjX63UY

— TG Casino (@TGCasino_) December 2, 2023

As a result of its access to millions of Telegram users, TGC holders have more to gain. Firstly, they’ll benefit from the gains it will amass as soon as it goes live on exchanges. Also, they can earn impressive gains when the crypto casino sector reaches maturity because of TG.Casino is one of the early players in the niche.

Visit TG.Casino presale