Next Cryptocurrency to Explode Thursday, July 3 - Celo, Deelance, The Graph

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

Generally, the atmosphere in the crypto market appears neutral and many assets that led the market in the last thirty days are on the leaderboard. The trend makes it difficult to spot cryptos that might make a price jump shortly. Nonetheless, we’ve been able to identify some tokens that might become the next cryptocurrencies to explode. Nonetheless, the market right now is quite volatile, and the direction of prices could become grossly unpredictable. Investors and traders must conduct due diligence when picking tokens to invest in. In the meantime investing in presales can be a viable alternative to the unpredictable trends across the crypto market.

Next Cryptocurrency to Explode

For investors and traders speculating about what the next cryptocurrency to explode would be, check the list below. the list provides some valuable information. It equally spotlights the Deelance cryptocurrency project, which is out to resolve the lapses in the freelancing world. Learn more about this in the article.

1. Celo (CELO)

Celo’s 15% gains in the last 24 hours are not a coincidence. What we’re seeing is the uptrend that kicked off about 7 days ago. Celo may not be the type of coin investors like to bet on. However, its recent trend seems to call for keen attention. While the Crypto market has recorded quite unimpressive gains in the past few days, Celo prints over 30% gains. Not only that, in the last 24 hours the volume of CELO changing hands has gone up by over 125%.

First, there seems to be a resuscitation of activities in the community as the platform began entering into strategic partnerships across the crypto sector. Towards the close of last month, Celo entered into a partnership with the popular brand development and publishing network, entering a strategic partnership with Celo to enhance its adoption of web3.

Similarly, a more recent partnership is the one Celo just completed with Chainlink. The groundbreaking partnership is set to revitalize how the DeFi sector integrates with real-world implementations.

The partnership allows Cell to gain access to Chainlinks data for DeFi development. The integration gives Celo developers access to Oracle services at a low cost. It means that we will soon start seeing more use cases of Celo. It means investors can prepare for explosive growth across the network.

.@Chainlink data feeds are now live on Mainnet! ✨

Read more about it ⬇️ https://t.co/L1M7LFTFfM https://t.co/c1CmDPWIxS

— Celo 🦇 🌳 (@Celo) June 28, 2023

Nonetheless, the growth might not hold for long as the asset is currently weighed down by the pressure from the bears and would soon start bouncing off much resistance. In the meantime, Celo is preparing itself to become one of the next cryptos to explode.

2. The Graph (GRT)

The price of GRT is up by approximately 20% in the last 24 hours. The rate of increase in the value of GRT is quite remarkable. Besides the increase in value, it’s also seeing an equal increase in trading volume. In the last 24 hours, the trading volume of GRT went up by over 220%. Is GRT on its way to becoming the next cryptocurrency to explode? While it’s’ too early to judge, investors might want to keep an eye on The Graph.

As a refresher, The Graph is an indexing protocol. Technically, it provides querying capabilities to layer 1 and layer 2 networks, including Ethereum and IPFS. By extension, the majority of dAPPs running on those networks depend on their operation to function. To put it in simpler terms, The Graph is like the Google of the crypto networks. With its services, APIs can retrieve blockchain data via GraphQL.

With the proliferation of investments in the DeFi space, the value and demand for the services of the Graph and GET token are bound to increase. As of today, the trading volume of DeFi sector makes up 8% of the total crypto trade in the past 24 hours, continued demand in the sector and of GRT means the explosion of GRT is inevitable.

Now, looking at the GRT graph over the past 52 weeks, a price consolidation occurred over the ending days of June and early July. The consolidation gave rise to the explosive price jump we’re now seeing. How long this would last is unknown, but it’s like it might be on a protracted upward trend for the rest of the month.

3. BitDAO (BIT)

BitDAO may be on its way to an explosive gain. It made our list of the next crypto to explode as a result of the recent leap in its price. Following the release of over 187.5 million BIT tokens in June, the resultant effect sent downward pressure on the BIT token. The trend pushed the value of the token as far down as $0.36. However, the trend seems to reverse as the merger between Mantle and BitDAO grows. The community voted on the BIT-MNT rebranding sometime in May, and the move seems to have renewed hope in the crypto.

MIP-23: $MNT Supply Optimization in Preparation for Launch

Vote here: https://t.co/5bkH00fwbG

— BitDAO (now Mantle) (@BitDAO_Official) June 30, 2023

Currently, its price is on the rise with over 12% added in the last 24 hours. In addition, it has gained an increase of 70% in trading volume in that space of time as well. Are we witnessing the rise of the next crypto to explode? BIT may not be far from becoming the next crypto to explode, considering that it has jumped from $0.41 up to $0.5 in less than 7 days. That’s a move that’s put over 20% to its price in the same period. If BITDAO continues at this pace, it might break into the unit dollar value before the end of the year. What’s fueling the increasing price of BitDAO?

4. Pepe (PEPE)

Despite the influx of memecoin coins into the market, Pepe continues its reign as the king of memes. In the last 24 hours, PEPE has recorded a 20% rise in price, bringing its value to its highest in the last 30 days. Another phenomenon that’s worthy of note is the rise in the trading volume of the coin, which has jumped by over 200% in the last 24 hours.

Despite the volatility of the meme coin sector, investors continue to find confidence in Pepe. Is Pepe on its path to another explosive run? Looking at its chart, Pepe might be seeing an upward trend for most of this week as it has just whisked past a major resistance. However, predicting the direction of a memecoin is always challenging as its volatility factor can set in at any point.

What could serve as the yardstick to predict the price movement of Pepe coin is the reading from its chart with the RSI value set at 59, which is in the neutral range, neither oversold nor overbought. With that, the explosive growth may continue for a while. But, it might fluctuate for most of the upward trend.

5. Deelance (DLANCE)

The dream to revolutionize how employees and employers interact is finally getting closer to reality. Deelance is a crypto project that’s out to disrupt the freelance industry by leveraging the power of blockchain tech. While many crypto projects have fostered solutions in finance, environment, and social life, very few have attempted to improve how everyday work is done. Deelance is on a mission to fill the gap.

It provides a multiphase ted solution that tackles the problem of project ownership between employees and employers, via its NFTs integration. It equally resolves the problem of price control, by cutting off the excessive fees imposed by traditional freelancing platforms. In addition, it’s returning control of the workflow to the people by implementing a decentralized system on its platform.

Currently, Deelance is offering the public a chance to become co-owners of the platform. Investors are invited onboard through its presale offering. So far, it has raised over $1.4 million and is on its way to achieving another milestone. Investors can hop on board by picking up DANCE at a discounted price of $0.043. 12 days from now, the price is bound to go up and it’s going to continue the increase till the end of the presale. The best time to take advantage of the offer is when it is still at its cheapest.

Visite DeeLance presale.