{"id":428456,"date":"2023-08-10T13:29:32","date_gmt":"2023-08-10T13:29:32","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=428456"},"modified":"2023-08-10T13:29:32","modified_gmt":"2023-08-10T13:29:32","slug":"next-cryptocurrency-to-explode-thursday-10-august-cowabunga-maker-uniswap","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/next-cryptocurrency-to-explode-thursday-10-august-cowabunga-maker-uniswap","title":{"rendered":"Next Cryptocurrency to Explode Thursday, 10 August – Cowabunga, Maker, Uniswap"},"content":{"rendered":"

The crypto market once again lost tangibly on Thursday. It seemed to be on the verge of making an ascent on Wednesday with the gains it made. The market capitalization rose by more than a percent, as seen in <\/span>our previous next cryptocurrency to explode post<\/span><\/a>.<\/span><\/p>\n

There are speculations that the crypto market is affected by events on the macro-economic scene. Stocks and the US Dollar have slipped as the Consumer Price Indexes from China, and the US are expected. The inflation report for July will give more clarity on what steps to be taken next.<\/span><\/p>\n

Investors will closely monitor what the US Federal Reserve releases and the Fed Chairman’s speech after. Inflation is expected to rise further. <\/span><\/p>\n

The country’s inflation has been above the Federal Reserve’s 2% mark for a long time. The inflationary situation and the tight job market both suggest that the Feds may continue to raise interest rates for the foreseeable future.<\/span><\/p>\n

In Asia, stocks are also down and hovering in the vicinity of a month’s low. Investors’ sentiment is also heavily impacted by the recent decision of the US government to restrict investment in sensitive technologies in China.<\/span><\/p>\n

There is no knowing for now how far these will affect the broad crypto market. But investors will also be watching how thongs turn out.<\/span><\/p>\n

The Next Cryptocurrency To Explode<\/span><\/strong><\/h2>\n

Cryptocurrencies gained today but by a very lean margin. Recent advancements are majorly due to platform upgrades and feature introduction. The next few days will give further directions.<\/span><\/p>\n

1. Cowabunga (COWABUNGA)<\/span><\/strong><\/h3>\n

Cowabunga<\/span><\/a> is one of the crypto presales put on a fast track. It is a memecoin that was inspired by the globally relevant TV series Ninja Turtles. It is taking after a coin like Spongebob that was also inspired by a TV character, Spongebob Square Pants.<\/span><\/p>\n

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It's simple: $COWABUNGA shows who's in charge here #memecoin<\/a> pic.twitter.com\/cW5CyUJAle<\/a><\/p>\n

— $COWABUNGA Coin | Presale Live Now! (@CowabungaCoin) August 10, 2023<\/a><\/p><\/blockquote>\n