Next Cryptocurrency to Explode Wednesday 21 June - Wall Street Memes, Bitcoin Cash, Neo

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Investing in the crypto market requires more than having a knowledge of the market. One has to have a relatively strong power to analyze market trends. The global economy keeps exerting some influence on the crypto market as a result of trying to fight inflation. The direct result is that investors in some economic zone don’t have enough funds freed up to invest in assets.

Howbeit, the crypto has to be pushed up at every turn. Investors’ hope stands firmly first in assets they have known too well over the years. Yet, those are the first casualties of regulator crack-downs. So there is always a need to diversify their investment portfolios. Hence the reason why many less-known crypto projects will thrive at times like this.

Stocks in the US and UK are struggling to breathe ahead of the expected testimony of the Fed Chief, Jerome Powell. The financial market waits to see if the last decision of the Federal Reserve to stand down on interest rate hikes, for now, will give way to a hawkish move from Powell.

The inflation ravaging the UK makes it very likely that there will be more rate hikes. Whereas, analysts are saying the impending recession in Germany will be sharper than many expect it to be. All these factors will have some impact on the crypto market in the coming days. They will either drive investors to seek a hedge for their funds in the crypto market or curb their spending capacity.

The Next Cryptocurrency To Explode

As many expect the crypto market to reach full stability, investors are also working hard to make sure their holdings don’t go down the drain. Several categories of crypto assets are performing well at various levels to cushion up the market. Assets that have not been on the gainers’ list for several days are beginning to resurface.

Investors believe more cryptocurrencies will top the list soon. The next cryptocurrency to explode examine some old timers revisiting the pack.

1. Wall Street Memes (WSM)

Wall Street Memes is really the next cryptocurrency to explode now as it shows no sign of slowing down on its speed. Irrespective of what the financial and crypto markets’ sentiments are, WSM keeps raking in more investments. The platform’s ongoing presale keeps raking in multiple thousands of dollars daily all thanks to speculators. They bent on making sure that the token becomes the next 100x memecoin.

As the Wall Street Memes project keeps taking ground, the market is gripped by the fear of missing out. As of the tie of this report, the project has raised more than $9 million. The WSM token goes for $0.0298. It will increase further in the next stage of the presale.

The Wall Street Memes project has a hard cap of $30,577,000 for its presale and 30 stages to raise the funds. At the rate this is going, it is possible that the presale sells out before the scheduled time which is set for the fourth quarter of this year. It is expected that more crypto whales will flood the project in the coming days and thus, fast-track the process.

Wall Street Memes has made a name for itself and become imprinted in the heart of investors and the market at large. It is one of the most popular crypto projects right now. A lot of crypto analysts have called it another Pepe. That coin rose by 7000% just a little while after it was launched.

Wall Street Memes is, however, positioning to rise past Pepe by a lot of margins. This is provided that the presale momentum keeps building even after the presale. The coin is well on its way to 100x as soon as it gets listed on exchanges.

Importantly, Wall Street Memes has strong community support built on committed people. It is different from other memecoins which rose rapidly because of certain influential pushes. These are reasons why more investors should add WSM to their portfolio now just in case they have not gotten the next big cryptocurrency to explode.

Visit Wall Street Memes.

2. Bitcoin Cash (BCH)

In the midst of the market’s significant recovery today, its market capitalization rose by at least 6%. The market is now worth $1.13 trillion. One of the tokens that have capitalized on this recent movement the most is the next big cryptocurrency to explode, Bitcoin Cash. this asset has jumped by 25% over the course of the last 24 hours and it currently sells at $132.98.

That Bitcoin Cash has transformed so hard in the last 24 hours is worthy of note. Its growth rate is one of the biggest daily raises the crypto market has seen in over one month. This growth the BCH token recorded has helped it to clear most of the losses it saw in the past month. It is now up by more than 12% in the last 30 days.

Bitcoin Cash boasts of a unique community as its native currency’s use cases are quite defined and restricted within the payment system. Therefore, it has seen considerable adoption in the course of the past months. According to information on CoinMarketCap, the token’s trading volume rose by 481.05% in the last 24 hours. It is such a significant overnight increase. With this, BCH has witnessed the highest surge among altcoins.

The rapid growth Bitcoin Cash has just witnessed is not without cause. It is a function of major innovations that were brought into the network this year. The upgrade went live just last month and the results are here.

The upgrade was about issuing CashToken. It enabled advanced applications for high security, bridged sidechains, and decentralized exchanges. They are just like what obtains on Ethereum but they are more scalable and they are not as expensive.

Investors who wish to diversify their portfolio have another opportunity in Bitcoin Cash now as it is the next cryptocurrency to explode.

3. Hedera (HBAR)

In the continuously evolving cryptocurrency market, Hedera raises its head as the next cryptocurrency to explode at this time. It has been a steady player in the crypto space especially with the innovation it introduces.

Its new hashgraph consensus provides a powerful alternative to the widely adopted blockchain networks. The technology enables fair, fast, and more secure crypto transactions by its design. Hedera runs on a graph-like architecture and it offers low latency and high throughput during operation.

Its structure has brought about certain levels of development in the crypto ecosystem. It has also gained some traction due to its transaction processing speed and the level of security it offers. This makes it a very viable option for developers and businesses alike.

Hedera has made a lot of significant increases recently and it has positively impacted its native token, HBAR. the token is up by 10.08% today and it sells at $0.050.

Seeing that Hedera runs on a technology that will give blockchain a run for its money anytime soon is why investors should invest in it as fast as possible. Not just the hashgraph network but HBAR is evidently the next cryptocurrency to explode.

4. Neo (NEO)

The next cryptocurrency to explode now is NEO. The asset is up in the market by 9.31% and sells at $8.48. This comes after days of fighting hard for its life from a bear trend. Investors pushed it hard. But its success is also attributable to internal developments within the Neo network.

A few days ago, the platform announced the deployment of O3 Swap on its N3 blockchain. The latest development will help in facilitating the easy swap of tokens between Neo and EVM chains that O3 Swap already supports. These chains include Ethereum, Arbitrum, BNB, Polygon, and some others.

According to the design, O3 will be a liquidity gateway that lets users distribute digital tokens across Neo and blockchains supported by O3.

This latest innovation will also bring more utility to Neo’s native token, NEO. Investors will, therefore, be set up for future returns that also guarantee the stability of the network.