Join Our Telegram channel to stay up to date on breaking news coverage
The altcoin market is making a bullish movement as certain coins attempt to recover. Investors should remain vigilant during this phase to ride the upward trend to profitability.
Institutional investors are increasingly focusing on interoperability and the tokenization of real-world assets. Prices for these assets are rising, even before the market fully takes off. Our primary objective is to identify the next cryptocurrencies to explode and provide investors with insights into each token.
Next Cryptocurrency To Explode
At this stage in the market, investors and traders are positioning themselves to either secure gains or capitalize on emerging trends. Investors should consider new projects to pinpoint the next cryptocurrencies with high growth potential. One such opportunity is Crypto All-Stars. This project features a unified staking model for popular meme coins such as Dogecoin, Shiba Inu, and Pepe. Below, we provide updates on the project and its prospects.
1. Mantra (OM)
MANTRA is an innovative token that was developed to tokenize real-world assets (RWAs). The Layer 1 blockchain protocol provides a permissionless platform designed for regulatory-compliant DApps. This special feature makes it the best option for developers and corporate institutions.
Furthermore, MANTRA leverages the Proof-of-Stake validator set to process over 10,000 transactions per second. It also offers advanced functionalities, such as integrated modules and APIs. These functionalities enable users to create, trade, and manage real-world assets. These features also significantly improve the user experience and ensure smooth integration with Web3.
Currently, the token is priced at $0.9652, marking a 24-hour surge of 4.10%. It exhibits strong liquidity and active trading, as demonstrated by its market cap-to-volume ratio of 0.062. Besides, the 30-day volatility is relatively low at 9%, indicating stable price movements.
🚨New Mission Is Up On https://t.co/hWhz3xVRKb. Participate in the ongoing #MANTRA 50,000,000 $OM GenDrop Season 2.
✅ Mission: Re-delegate a minimum of 1 OM – in a single transaction – of your existing staked tokens to a different validator of your choice to earn KARMA. Visit… pic.twitter.com/xOdSfaVgOX
— MANTRA – Tokenizing RWAs 🕉️ (@MANTRA_Chain) September 3, 2024
Meanwhile, the token trades above its 200-day SMA, reflecting its remarkable long-term growth. YTD, OM has surged by over 4,000%, outperforming 96% of the top 100 crypto assets. Therefore, investors looking for profitable projects in the RWA category should consider Mantra.
2. Flow (FLOW)
Flow is a project whose security protocols are innovative and unique. It employs a multi-task, multi-node system, which segments validation into four stages. By segmenting them, it enhances transaction efficiency and security. The platform also incorporates human-readable security, safeguarding users against malicious applications. Furthermore, Flow’s Specialized Proofs of Confidential Knowledge (SPoCKs) offer an additional layer of defense. This enables validators to confirm access to confidential information without exposing the data itself.
Furthermore, Flow is built to power the Web3 era and the open metaverse. It supports a variety of applications, including Dapps, NFTs, DeFi, and DAOs. This offers a comprehensive platform to top brands, developers, and startups and provides them with the necessary tools to innovate. With successful ventures like CryptoKitties and NBA Top Shot under its belt, Flow’s robust ecosystem continues to capture market attention.
Meanwhile, trading activities have increased as the Flow Community Rewards program continues. This initiative, which is slated to end by September 30, provides significant rewards to stakers. It also gives them the possibility of earning a 15% increase on locked $FLOW. These surges in trading activities and recent partnerships, including those with the NBA and Disney, make FLOW a great option for both developers and users.
A new era of DeFi is dawning on @flow_blockchain, and we're excited to be part of it. Big things are coming 🔜 — stay tuned 👀😉 https://t.co/IajxofSE3L pic.twitter.com/CPcDsB9Z57
— Ankr Staking (@ankrstaking) September 3, 2024
Moreover, the token’s 14-day Relative Strength Index (RSI) sits above the 54 mark. This RSI suggests a neutral stance and indicates possible sideways trading. Flow has seen 15 green days in the last 30 days to demonstrate consistent performance. While it currently trades below its 200-day SMA, the coin has gained 2.1% over the past 24 hours. If the bulls maintain this momentum, FLOW could become one of the next cryptos to explode.
3. Crypto All-Stars (STARS)
Crypto All-Star has attracted significant attention following its successful ICO launch. The project has raised over $934,000 so far and is nearing its first million-dollar milestone. The presale is divided into 50 phases, each with a price increase. Investors interested in early-stage pricing should act promptly, as the current price of $0.0014191 will soon increase tomorrow.
Central to Crypto All-Stars is the innovative MemeVault ecosystem. This platform features a unified staking model for popular meme coins such as Dogecoin, Shiba Inu, and Pepe. The MemeVault leverages ERC-1155 technology to allow users to stake multiple tokens within a single contract. Also, its strong security measures and cross-chain support provide greater flexibility and the potential for maximized returns.
Moreover, early investors benefit from a notable advantage with no lock-up periods. This means that they can sell their Crypto All-Star token whenever they like. This flexibility ensures that they can capitalize on price increases after the token is launched. Therefore, they can accumulate the tokens for a low price to enjoy significant profits.
Another amazing benefit is that token stakers are entitled to an impressive 1655%. This ensures the platform can deliver unmatched rewards for those who stake their tokens early. This high yield encourages long-term staking, increasing the token’s value and demand. It also offers participants the opportunity to make substantial returns.
Visit Crypto All-Stars Presale
4. Nervos Network (CKB)
Nervos Network continues to make a significant impact with its innovative approach and solid performance. The platform’s dual-layer architecture features a Common Knowledge Base (CKB) and a separate computation layer. The base layer employs Proof-of-Work (PoW) to ensure network security and support the ecosystem. Meanwhile, the computation layer manages transactions and facilitates decentralized applications (dApps) and smart contracts.
This layered architecture ensures security while supporting a diverse range of blockchain services. The network’s open-source and modular design allows it to accommodate various assets and dApps. This provides scalability and decentralization for platform users.
Furthermore, Nervos Network employs a PoW-based Nakamoto consensus mechanism. The Nakamoto consensus is further reinforced by its CKB token for security and decentralization. The system’s integrity is also ensured through regular audits and security-focused hackathons.
🚀 CKB Fiber Network Protocol Testnet & Official Website LIVE! 🌐
The next-gen common Lightning Network ⚡️ is here! #Developers, set up your environment and dive into Fiber Network, designed for fast, low-cost, and decentralized multi-token payments.
🔥 Initial Testnet…
— CKB Eco Fund 🔜 Korea KBW 2024 (@CKBEcoFund) September 1, 2024
CKB trades at $0.0008057, marking a 0.10% increase in the last 24 hours. This increase is evidence that there is growing interest in Nervos Network. The token’s 14-day RSI sits around the 48.15 region. This indicates a neutral market position and suggests that it might experience sideways trading soon. This impressive performance is an indication of a strong market position and potential for future gains.
5. Dogwifhat (WIF)
WIF is currently exhibiting a strong bullish trend, with no visible resistance on the 12-hour chart. This upward momentum indicates that bearish forces may find it difficult to stop this progress. Despite market fluctuations, WIF continues to see considerable activity and responds positively to bullish sentiment.
Over the last few days, the token’s price has consistently surged. This demonstrates WIF’s resilience even amidst temporary pullbacks affecting other cryptos. Currently, dogwifhat is priced at $1.51, reflecting a 24-hour increase of 1.7%. This track record shows that the token has the potential to sustain this growth.
Meanwhile, WIF is trading near its cycle peak and enjoys substantial liquidity. There is also a noticeable optimism among investors concerning the token’s future. Some analysts have made bold forecasts, predicting it could reach $5 by the end of 2024.
Dogwifhat is now also on TikTok, give us a follow
🐶🧢Link in the comments pic.twitter.com/oc3hlAfTTv
— dogwifcoin (@dogwifcoin) August 30, 2024
Moreover, investor confidence in the token remains notably bullish. Also, its past performances and recent development make it a profitable investment option. Consequently, WIF’s bullish momentum and investor confidence make it one of the tokens that will explode now.
Read More
Join Our Telegram channel to stay up to date on breaking news coverage
