{"id":424488,"date":"2023-07-29T14:15:44","date_gmt":"2023-07-29T14:15:44","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=424488"},"modified":"2023-07-29T14:15:45","modified_gmt":"2023-07-29T14:15:45","slug":"next-cryptocurrency-to-explode-saturday-29-july-btc20-quant-shiba-inu","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/next-cryptocurrency-to-explode-saturday-29-july-btc20-quant-shiba-inu","title":{"rendered":"Next Cryptocurrency to Explode Saturday 29 July – BTC20, Quant, Shiba Inu"},"content":{"rendered":"

The global stock market rose through Friday as the financial market internalized the monetary decision of the Bank of Japan. The bank stepped on its loose monetary policy for a bit and decided to tweak it. While at that, Treasury yields in the US dropped and data shows that the country’s inflation is being moderated.<\/span><\/p>\n

The Bank of Japan decided to twitch its curve scheme by offering to off-take 10-year Japanese government bonds. This will come beyond the earlier 0.5% rate that was planned for but its benchmark short-term rate will remain unchanged at 0.1%. The long-term bond yields will likewise remain at 0.<\/span><\/p>\n

The BOJ’s latest decision brings it close to that of other leading central banks across the globe. Before the BOJ, the US Federal Reserve and the European Central Bank announced their interest rate increment. Although market players expect that both banks are close to the end of their rate-increment cycle.<\/span><\/p>\n

The crypto market did not immediately react positively to central bank decisions as the stock market did. Right now, the crypto market is up by just 0.60%. Not much of an increase but significantly different from the previous 24 hours as reported in <\/span>our last next cryptocurrency to explode post<\/span><\/a>.<\/span><\/p>\n

The Next Cryptocurrency To Explode<\/b><\/h2>\n

While crypto is expected to rebound, some assets are gaining strides on their own. In many cases, it is due to internal upgrades and new innovations. These steps draw investors to those crypto projects that are believed to be the <\/span>next cryptocurrency to explode.<\/span><\/p>\n

Nevertheless, investors will be working on all fronts to help the market get back on its feet.<\/span><\/p>\n

1. BTC20 (BTC20)<\/b><\/h3>\n

Now that Bitcoin has once again fallen under $30,000 and struggling to get back above it, investors are seeking alternative investments. They desperately want to find a means to hedge their funds for the time being.<\/span><\/p>\n

A number of projects have set themselves up as alternatives but only a few have been proven worthy. However, <\/span>BTC20<\/span><\/a> seems to have captured investors’ attention especially as it raised a million dollars within 24 hours. Once BTC20 crossed its $3 million soft cap, it was easy for it to raise the additional $1 million+. The project has now raised over $5 million.<\/span><\/p>\n

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🚀 $5M Raised💰<\/p>\n

We've hit an incredible milestone! Thanks to the unwavering support of our amazing community, the $BTC20 presale has now raised over $5 million! 🎊🙌<\/p>\n

We are getting closer to the end of the presale, so don't miss out on this incredible journey. <\/p>\n

Join the $BTC20… pic.twitter.com\/G1P8xhicu0<\/a><\/p>\n

— BTC20 (@BTC20Token) July 29, 2023<\/a><\/p><\/blockquote>\n