{"id":504411,"date":"2024-04-10T17:36:12","date_gmt":"2024-04-10T17:36:12","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=504411"},"modified":"2024-04-10T17:36:12","modified_gmt":"2024-04-10T17:36:12","slug":"next-cryptocurrency-to-explode-wednesday-april-10-theta-fuel-dexe-mx-token","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/next-cryptocurrency-to-explode-wednesday-april-10-theta-fuel-dexe-mx-token","title":{"rendered":"Next Cryptocurrency To Explode Wednesday, April 10 – Theta Fuel, DeXe, MX TOKEN"},"content":{"rendered":"

Investors hope for a rate cut and are being put to the test again. Finding <\/span>the next cryptocurrencies to explode<\/span><\/a> may become more challenging following the release of the U.S. CPI. The document shows an overall increase of 0.4% in March on a seasonally adjusted basis. <\/span><\/p>\n

According to the U.S. Bureau of Labor Statistics report, there’s been an increase of about 3.5% in the all-items index over the last 12 months. This data hints at an increasing inflation rate. Consequently, investors fear the financial market may receive less funds inflow to sustain the bull market. There’s been a reflection of the trend in the intraday price actions of cryptocurrencies. <\/span><\/p>\n

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

On the other hand, presale cryptos are posting impressive numbers that investors can’t afford to ignore. Slothana, for example, is one of the projects showing remarkable potential for rapid price increases. It recently crossed the $10 million milestone in its presale funding, and this post captures the essential details of its performance. It also captures information that investors need to know about the project. <\/span><\/p>\n

1. Theta Fuel (TFUEL) <\/b><\/h3>\n

Theta has performed impressively in this bull market, increasing by over 200% since the final quarter of last year. While the Theta Fuel token, TFUEL, is markedly different from the native cryptocurrency of the Theta network, it benefits from the growing influence of the platform. <\/span><\/p>\n

TFUEL is used mainly for transactions within the network. It functions within an intelligent contract economy, including fees and NFTs. The growing use cases of the Theta Network have dramatically increased the demand for the TFUEL token. Hence, the token has witnessed a significant surge in value. Moreover, market data reveals that TFUEL may outperform several tokens if the market returns to a full-scale bull market. <\/span><\/p>\n

\"TFUEL<\/p>\n

At the time of writing, the token is in a reversal trend, with over 15% price dump. The TFUEL price downward action is not isolated, as several other cryptocurrencies in the market are posting losses. On the other hand, TFUEL RSI14 has given a neutral reading of 59. It means the Bulls still have a chance of regaining the upper hand. <\/span><\/p>\n

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— Theta Network (@Theta_Network) April 8, 2024<\/a><\/p><\/blockquote>\n