Next Cryptocurrency to Explode Sunday, September 3 - Baby Shiba Inu, PondCoin, Sonik Coin

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Degen inventors are some of the biggest winners in the recent downturn as many memecoins receive massive pumps. Several new cryptos in the category are posting explosive gains.

As utility projects and major cryptocurrencies switch into declining trends, investors are faced with two alternatives: either to buy the dip or explore altcoins.

With the downtrends biting hard into crypto asset gains, what are the next cryptocurrencies to explode?

Next Cryptocurrency to Explode

Surprisingly, the investment tides appear in favor of the memes sector as assets in the category have reverted to exponential growth in price and market cap. Over the weekend, the trading volume of significant memecoins reached hundreds of millions of dollars, putting them on the list of top gainers. Similarly, many new cryptocurrencies and upcoming assets are poised for explosive gains. Today’s article explores a few assets that will likely print explosive performances in the latest week. Included in the list are some presales for investor’s benefit.

1. Baby Shiba Inu (BABYSHIB)

Baby Shiba Inu is the latest addition to the canine memecoin trend. The exploding crypto came into the limelight after its price received a pump of over 1000% in the periods following its launch.

The Baby Shiba Inu ($BABYSHIB) project drew inspiration from the legendary Shiba Inu cryptocurrency. The original Shiba Inu has grown into a core utility project with diverse offshoots across the crypto industry. Hence Baby Shiba Inu project aims at emulating the same trends by taking the first step into the crypto market as a memecoin. Interestingly, the new crypto amassed a measure of success, with a market cap valued at $4.38M barely days after its launch. At its current pace, BABYSHIB has the potential to create instant millionaires.

The token went live on the 16th of August and has been on the list of trending assets ever since. As of today, the new ticket’s price has increased by over 350%. And currently, its trading volume is up by over 15%, with not less than $666,127 worth of BABYSHIB moving across the market in the last 24 hours. Being a new coin, there are limited technical details to measure the potential of the asset in the future.

However, its fundamentals and the trend building up around the token are remarkable. Hence, it’s pretty glaring that BABYSHIB is one of the next cryptocurrencies to explode.

2. PondCoin (PNDC)

PondCoin is rising, with a price reaching as high as $0.000003, amounting to over a 7% increase in its value before the weekend. Surprisingly, the token also received a boost in trading volume. In the last 24 hours, PNDC traded over 6,693,309 USD worth of assets. Hence, it’s one of the most traded memecoins over the weekend.

Consequently, it accounts for the sudden rise in the token’s price. The asset’s price is over 160% above its all-time low, and it’s currently on its way to printing new highs.

Pond is gradually going beyond being just a memecoin. The project is exploring exchange and swap utility, which is going to boost the value of the crypto in the long run. A recent post on its official Twitter handle made the move known to its community.

https://twitter.com/Pond0x/status/1697628741021884741

Furthermore, the overall sentiment in its community remains high, with many bullish interest in the asset. According to data available on CoinMarketCap, over 84% of the community is currently bullish on PNDC. As the new week kicks in, degen investors may be busy with this pumping asset. It’s best to watch the new token closely as it is on its way to becoming the next cryptocurrency to explode.

3. Sonik Coin (SONIK)

Curiosity around the Sonik Coin still lingers many weeks after its presale offering went live. The critical factor that thrills many the most is the speed at which it covers most of its milestones within a few days of presale.

Zoomy zoomey much fast! 🚀
$400K raised and we're just warming up!

buy now: https://t.co/s1fTdXDQCK pic.twitter.com/QdrEpiM6BL

— SONIK COIN (@Sonikcoin) August 24, 2023

Currently, the token has raised over $1.1 million in presale, and it achieved that in a matter of days. The downside, however, is that the SONIK presale ends in 48 hours. Investors who miss out on this degen opportunity would only have to make up for it by buying on exchanges. Consequently, they’ll be buying at a much higher price.

The price of SONIK is still discounted and currently sells for $0.000014. For a coin on a mission to dethrone Pepe as the king of memes, that’s coming at a vast discount.

Additionally, investors coming on board should take note that the philosophy of SONIK Coin is about speed. Hence, the race to a 100 million dollar market cap starts from the very first of the platform’s launch.

There might be no time to slack or slow down. Already, the name of the project says it all: SONIK. The crypto community can keep its fingers crossed as we watch the trend unfold.

Visit Sonic Coin presale.

4. Synthetix (SNX)

Will Synthetix become the next cryptocurrency to explode? SNX made another attempt to break above the $2 range today, but it encountered resistance, which forced its price below the $1.96 range. SNX has been trading sideways for most of this year, fluctuating between $3 highs and $1.5.

The bulk of its attempted breakout met resistance due to its trading price. Overall, the cost of the asset is relatively down.

However, its technical analysis reveals that the token will likely see improvement in the coming days, primarily due to its RSI reading, which indicates that the asset’s price is ready to pump. Also, it boasts convincing fundamentals, showing potential progress in growth. TVL remains the highest in its category, pointing to its dominance in the sector.

Besides the technical factors that might influence the price of SNX, there’s also the pending launch of its v3, which is set to revolutionize how traders interact with synthetic assets in the cryptocurrency space.

Being the most significant player in the synthetic trading sector, investors can expect a pump in its price as soon as the news of its upgrades hits the market.

The token is still at a meager price compared to the overall potential of the crypto market. With time, the value of SNX will grow to match its actual weight. For now, SNX can be added to investors’ watch lists as a potential asset.

5. Wall Street Memes (WSM)

The Wall Street Memes Wall Street Memes community came into the crypto industry with a burning desire to unseat the ideologies of institutional investors.

The movement stands against the idea that makes the world believe that every individual needs the influence of an established financial order to create wealth. Hence, a group of nonconformists came together to create the Wall Street Memes movement that’s gradually becoming a force to reckon with in the crypto industry. While the approach involves fun, the commitment to mutual prosperity remains strong.

Are you a chad or a buffet? pic.twitter.com/JKAzdGRjbn

— Wall Street Memes (@wallstmemes) September 3, 2023

In about 23 days, the project is set to go on tier 1 exchanges, opening up a new chapter in the memecoin sector. With a community strength of thousands of investors, the memecoin industry may need to brace up for a new wave.

Perhaps the launch of WSM would usher in the second trend of the memecoin seasons. In the meantime, the presale window is still open, and investors can fill their bags at a discounted price of $0.0337.

The price remains for the days before its listing. Once WSM goes on exchanges, investors can expect multiple times the value.

Overall, many factors favour the upcoming cryptocurrency, positioning it as one of the next cryptocurrencies to explode. Firstly, Wall Street Memes has a team of highly committed people powering the project and ensuring the movement’s success. Likewise, it boasts a community of engaged investors who are all out to push the token to new heights. It also features robust tokenomics targeted at the mutual benefit of everyone involved. The details of the project are highlighted on its presale page.

Visit Wall Street Memes presale