Next Cryptocurrency to Explode, 28 March — Berachain, Four, MetaGamesCoin, LEO

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The altcoin market looks promising, and many altcoins are recording gains. Late last year, the cryptocurrency market experienced heightened volatility as several tokens experienced price fluctuations. But things have mostly been on the green side for many investors since November. Investors need to stay alert during this consolidation phase, as it could be a chance to catch a ride on a rising trend.

Prices of various altcoins are already showing positive movements, even before the market takes off entirely. This article is dedicated to identifying the next cryptocurrencies to explode and informing investors and traders about each token.

Next Cryptocurrency To Explode

Savvy investors capitalized on this year’s boom in the altcoin market and are taking positions in upcoming tokens like the Meme Index. Meme Index simplifies investing in meme coins by offering exposure to a curated collection of meme coins, reducing individual risks.

1. Berachain (BERA)

Berachain (BERA) has been making waves in the market, showing an impressive uptrend that has caught the attention of traders and investors alike. Over the past week, the asset has surged by over 27%, reinforcing its bullish momentum after a period of consolidation. 

At the time of writing, BERA is trading at $8.26, inching closer to a crucial resistance level of $8.34. If the price manages to break through this barrier, it could pave the way for further gains, potentially pushing BERA toward the psychologically significant $10 mark.

BERA Price Chart

The technical indicators further highlight the asset’s strength. The Relative Strength Index (RSI) currently stands at 59, indicating increasing buying pressure. However, there is still room for further growth before the asset enters the overbought territory, which typically begins at an RSI reading above 70. Traders are keeping a close eye on this level as it could signal a potential pullback if buying pressure weakens.

On-chain metrics add more weight to BERA’s bullish case. According to data from DefiLlama, the total value locked (TVL) on Berachain has climbed to $3.14 billion, nearing its all-time high of $3.26 billion, which was recorded on March 3. Additionally, decentralized exchange (DEX) trading volume within the ecosystem experienced a significant spike between March 23 and March 25, surging from $36 million to $132 million. 

This increase in activity underscores growing investor participation and confidence in the network. Berachain’s stablecoin market cap has also reached an all-time high of $1.2 billion, reinforcing the strong demand for liquidity.

However, BERA remains 43.76% below its record high of $14.83. The key level to monitor is $8.34—if the asset secures a solid close above this point, further gains toward $10 could be on the horizon. Conversely, failure to surpass this resistance could result in a retracement, with possible support levels at $6.53 and $5.14.

2. Four (FORM)

Four (FORM) has emerged as a prominent player in the decentralized gaming sector, bringing fresh energy to the market. This cryptocurrency follows in the footsteps of BinaryX (BNX), with Binance overseeing the transition process. FORM now serves as the primary asset within its ecosystem, driving various gaming-related initiatives and expanding the project’s scope.

Following its introduction, Binance facilitated the smooth transition by allowing users to deposit FORM tokens. Withdrawals commenced on March 19 at noon GMT+3, while trading for the FORM/USDT pair opened earlier that day at 11:00 AM GMT+3, ensuring seamless integration for investors. 

The swap from BNX to FORM was executed at a 1:1 ratio, automatically converting all BNX holdings into FORM tokens. Users can verify their updated balances within their Binance accounts.

FORM Price Chart

This transition represents a strategic rebranding effort aimed at broadening the project’s appeal within the crypto-gaming community. Currently, FORM is trading at $2.42, reflecting remarkable growth across multiple timeframes. Over the past day, the token has gained 5.29%, while its weekly increase stands at 35.45%. 

Even more impressively, FORM has surged by 110.79% in the last month, showcasing strong bullish momentum. The token’s market capitalization has also expanded, rising by 1.45% in the past 24 hours to reach $697.98 million. Despite a Fear & Greed Index score of 44, which indicates underlying market caution, FORM’s trading activity remains robust.

3. Meme Index (MEMEX)

With just three days left before the Meme Index ($MEMEX) presale ends, investors have a final chance to secure the token at its lowest price. The meme coin market is making a strong comeback, surpassing a $56 billion market cap and bringing renewed excitement to the sector.

$MEMEX stands out as a token that tracks the overall meme coin market, offering a way to invest in this volatile space with reduced risk. Priced at $0.0166883 during the presale, it provides an opportunity to enter early before the token lists on multiple exchanges, potentially increasing its visibility and demand.

One of the most attractive features of $MEMEX is its staking protocol, which offers a massive 5412% APY. This high reward rate allows holders to grow their holdings rapidly, with the potential to double in under three months. Since the staking rewards adjust dynamically, early investors could benefit from the most favorable rates.

With time running out, securing $MEMEX before the presale closes could be a strategic move for those looking to gain exposure to the booming meme coin sector.

Visit the MEMEX Presale Here

4. MetaGamesCoin (MGC)

MetaGamesCoin (MGC) is carving a niche for itself in the blockchain gaming world, operating as a BEP20 token on the Binance Smart Chain. The project functions as a ranking platform that enables gamers to record their achievements and earn MGC tokens. By blending gaming with social networking, MGC allows users to create profiles, engage with the community, and receive rewards for their participation.

A key feature of the ecosystem is its decentralized exchange (MGC DEX), which ensures smooth trading and liquidity for users. Additionally, the platform includes MGC Mag, a dedicated news hub designed to keep the community informed about the latest updates. The gaming guild further enhances the experience, merging financial incentives with entertainment and making MGC a unique player in the gaming-crypto crossover space.

MGC Price Chart

At the time of writing, MGC is trading at $0.9299, showing a 0.76% increase in the last 24 hours. The token has risen by 1.66% over the past week and nearly 19% in the past month. Notably, trading volume has jumped by 12.64% within the last 24 hours, reaching $1.77 million.

Moreover, MGC is trading 13,697.22% above its 200-day simple moving average, highlighting its strong momentum. Over the last 30 days, 17 days of positive performance have been recorded. Year-to-date, the asset has skyrocketed by 4,568.12%, outperforming 99% of the top 100 cryptocurrencies.

While the market’s Fear & Greed Index of 44 reflects cautious sentiment, the overall outlook for MGC remains optimistic. Its ability to merge gaming, rewards, and decentralized trading could make it the next cryptocurrency to explode.

5. UNUS SED LEO (LEO)

UNUS SED LEO (LEO) remains a vital asset within the iFinex ecosystem, offering distinct advantages to users of the Bitfinex exchange. The token is built with a dual-chain architecture, with 64% of its supply on Ethereum and 36% on EOS, ensuring flexibility and security for a wide range of traders.

One of LEO’s key benefits is its role in reducing trading fees on Bitfinex. The more LEO a user holds, the greater the discount they receive. Additionally, holders enjoy lower funding costs and exclusive perks through Bitfinex’s referral program, making LEO an attractive option for active traders looking to cut expenses.

LEO Price Chart

Currently, LEO is priced at $9.81, registering a 0.48% increase over the past 24 hours and an 8.94% gain in the past week. Over the last year, the token has appreciated by 61.97%, outperforming 85% of the top 100 cryptocurrencies. This resilience highlights its ability to sustain value despite market fluctuations.

However, LEO faces liquidity challenges. Its volume-to-market cap ratio remains at just 0.0001, indicating relatively low trading activity. Market sentiment may be bearish, but LEO is still trading 153.30% above its 200-day simple moving average of $3.85, signaling strong underlying momentum. The 4-day RSI stands at 41.04, suggesting a neutral stance. Should bullish momentum build, LEO could experience further gains in the coming weeks.

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