{"id":482576,"date":"2024-02-21T21:05:12","date_gmt":"2024-02-21T21:05:12","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=482576"},"modified":"2024-02-21T21:05:12","modified_gmt":"2024-02-21T21:05:12","slug":"next-cryptocurrency-to-explode-wednesday-february-21-fetch-ai-ronin-chiliz","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/next-cryptocurrency-to-explode-wednesday-february-21-fetch-ai-ronin-chiliz","title":{"rendered":"Next Cryptocurrency To Explode Wednesday, February 21 – Fetch.ai, Ronin, Chiliz"},"content":{"rendered":"

It’s hard to spot when the next cryptocurrencies explode. All crypto sectors are in a sporadic rally in a bull market. However, with the right indicator, investors can identify crypto coins with a promising outlook. Some of the narratives that are gradually making waves in the market this quarter are the DePIN and AI tales. <\/span><\/p>\n

Assets in the are printing remarkable performance. Taking cues from the performance of Fetch.ai, Ronin, and Chiliz might give out the prospect of the crypto markets in the coming months.<\/span><\/p>\n

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

In addition, upcoming cryptocurrencies like Scotty the AI are also gaining traction due to the speed at which they cover their presale milestones. An overview of their presale journey and the prospect of the token is covered below. <\/span><\/p>\n

1. Render (RNDR) <\/span><\/strong><\/h3>\n

Render made headlines in the first quarter of last year when rumors of its partnership with Apple Inc. broke out. The news assumed Render’s decentralized GPU network would be used in the VR headsets. <\/span><\/p>\n

However, the hopes of the crypto community were dashed when the VR headsets arrived on the market with little indication that Render Network technology was used. Nevertheless, Render’s presence at one of Apple’s events preceding the release of the gears gives the platform the credibility and visibility it needs. The event put the project in the limelight, helping to reinforce investor interest in the asset.<\/span><\/p>\n

\"Ronin<\/p>\n

Today, RNDR reaps the benefit of the partnership as the token’s value has increased by nearly 600% YTD. Interestingly, the price maintains an uptrend as it posted a price increase of over 5% today. The gains keep pouring in despite the recent $15 million dump by Kinetic Capital. <\/span><\/p>\n

However, the dump had little effect on the token’s over $2 billion market cap, and the expanding impact of the crypto AI sector puts RNDR on the list of the tokens with a high potential of becoming the next cryptocurrencies to explode. <\/span><\/p>\n

2. Ronin (RON) <\/span><\/strong><\/h3>\n

Crypto GameFi enthusiasts paid little attention to the Ronin network until recently. It is an EVM with scaling capabilities that allow it to host millions of users daily. At the time of writing, the platform had handled billions of dollars in NEFT transactions, and its potential was gaining attention in the industry. Its restaking initiative took the project to a new height. <\/span><\/p>\n

\"Ronin<\/p>\n

RON, the platform’s cryptocurrency, has seen over 600% increase in value in the last 90 days. While the token is currently witnessing a pullback, there are signals of a potential rally ahead. <\/span><\/p>\n

The RON chart reveals several upsides, indicating investors can still capitalize on the potential uptrend. The current downtrend might be an opportunity to buy the dip as its recent RSI value moved from overbought to neutral in less than 24 hours. <\/span><\/p>\n

\n

Introducing $RON<\/a> | $RONIN<\/a> Restaking!<\/p>\n

Restake your rewards now ⚔️<\/p>\n

• Go to My Staking → Restake
• Available on desktop and mobile
• No claiming required<\/p>\n

Restake here 👇<\/p>\n

📜 : https:\/\/t.co\/o9IFDpBv6i<\/a> pic.twitter.com\/pRQbZum2K5<\/a><\/p>\n

— Ronin (@Ronin_Network) February 21, 2024<\/a><\/p><\/blockquote>\n