Next Cryptocurrency To Explode Tuesday, January 9 - Woo, Meme Kombat, Quant

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Crypto market realities have been far from favorable as recent fluctuations wiped out many open positions. In the last 24 hours, the global crypto market cap made a paltry gain of 0.11%, putting its value at $1.7 trillion. In today’s update on the next cryptocurrency to explode, we explore the potentials of Quant, WOO, and Meme Kombat, as their recent performance has been quite impressive.

Next Cryptocurrency To Explode

Similarly, the trading volume is barely above #76 billion. Nonetheless, the sentiment in the market remains fair, with a Fear/Greed index of 74. Hence, this quarter’s prospect of finding tokens with explosive gains is relatively high. Also, the presale Meme Kombat is gradually taking the lead as one of the meme projects to watch. The article summarizes its presale and provides a guide on how investors can get on board.

1. Meme Kombat (MK)

The trend in the crypto market shows that more than ever before, GameFi projects might see more investments. Many of the top-ranking tokens in the new crypto category are in the sector at press time. Meme Kombat is one of the latest projects to which investors must pay attention.

Recently, the community launched the project’s presale, which has raised over $6.4 million. The next milestone is $6.5 million. Given the investors’ commitment, the token community should raise funds within a few days. Sadly, investors who miss out on the early days may likely get in at a higher valuation, making capitalizing on the discount slightly challenging.

Currently, MK is on sale at a discounted price of $0.279, a value several times lower than its market value. Degens, who want to capitalize on the memecoin market, can still scoop up MK before it becomes mainstream.

We are unbelievably close to reaching $6.5 million raised in the $MK presale where we will be giving away 25,000 USDT🤩⚔️

Last push. Let's go! pic.twitter.com/93vMu2jaRY

— Meme Kombat (@Meme_Kombat) January 9, 2024

More importantly, it gets more interesting as the team promises to distribute over 25k worth of USDT in a recent post on its official Twitter handle. Prospective investors can find details of the offer and other information on the Meme Kombat project on the project’s presale page.

Visit Meme Kombat Presale

2. Polygon Ecosystem Token (POL)

Polygon has been recording sideways trade since it migrated to the POL token. Recently, the new token broke the resistance at the $0.9 range, giving it a rally that gave it its first all-time high value of $1.1. The prospect of an explosive trend is not far-fetched with the shift from MATIC towards POL.

Today, POL printed gains of over 8% among the top gamers in the last 24 hours. However, will POL become the next crypto to explode? Polygon ecosystem is improving its underlying technology through the Miden rollup, powered by the Miden VM. With the improvement, the Polygon ecosystem might record a rise in its use cases. Hence, there is a likelihood of demand for its token.

From its market data, holders might face bearish pressure in the short run as the 10-day and 20-day moving averages indicate bearish trends. However, there are indications that the token will rise in the long run, given that long-term moving averages hold below its current price based on its history with the MATIC token. POL has potential, and investors should look closely at its trend as it might be one of the next cryptocurrencies to explode.

3. Quant (QNT)

In the early hours of the day, QNT gained a momentum increase of 7% in the market, which put its price at $121, with $28.41 million in volume.

Generally, Quant is working on improving the adoption of cryptocurrency in everyday transactions. Its recent move into asset tokenization has given it the edge needed to lead established players in the industry. A few weeks ago, the project moved to tokenize the real estate sector, valued at over a trillion dollars.

With its push to make the investment in brick-and-mortar easier, there’s a chance that QNT will attain its actual value. Interestingly, its price pump becomes even more likely as many investors in the industry seek more ways to participate in the sector. So far, thousands of investors have come on board through the QNT token, which has risen by 39851% in its lifetime.

It's day 20 of #QuantAdvent 2023 and behind today's window is a look at real estate tokenisation. The concept of turning bricks and mortar into digital tokens may be in its infancy but it’s growing at a rapid pace – delivering great transparency, efficiency and liquidity.

Read… pic.twitter.com/ruPpfxw8li

— Quant (@quant_network) December 20, 2023

Ultimately, QNT’s rise is not over. Its current market data shows that investors can expect a rise as its market data shows that it’s nearing the overbought zone. Thus, its rise is imminent. Furthermore, Quant recently tested its $113 resistance zone, meaning the bulls might gradually gain the upper hand. Above all, Investors should keep QNT on their watchlist.

4. Woo (WOO)

Woo arrived in the crypto industry as one of the millionaires, attaining a market cap of close to a billion in its first year. However, WOO has maintained a sideways trend until recently. Today, WOO printed over 15% gains, pushing its price closer to the $0.5 range. It’s been repeatedly testing the $0.45 resistances, indicating its readiness to break above the zone.

If WOO achieves its $0.5 target, investors can expect to see more bullish trends. Therefore, Woo is arguably one of the next cryptocurrencies to explode. At its press time, WOO has an RSI reading of 51, indicating that it can sustain its short-term rise.

However, its 10-day moving averages show that the bears are on track to force the token’s price down as the value remains above its current price. On the other hand, its long-term moving averages, especially the 200-day and 100-day moving averages, show that long-term investors are willing to hang on to the token. With that, WOO should find enough support to stabilize its price above the $0.4 range.

Also, the token’s performance has been quite impressive, with over 162% rise in price, putting it above 76% of the top 100 tokens. Equally, WOO has over 15 green days in the last 30 days. With more upsides to its performance, its overall positive fundamentals should help it scale above its current resistance. However, the prospect of making it into the $1 range this year is quite unlikely.

On the other hand, Woo has struggled to outperform bitcoin in the market over the past 52 weeks. Hence, investors should also consider this when deciding on the cryptocurrency.