{"id":505931,"date":"2024-04-13T14:58:18","date_gmt":"2024-04-13T14:58:18","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=505931"},"modified":"2024-04-13T14:58:18","modified_gmt":"2024-04-13T14:58:18","slug":"next-cryptocurrency-to-explode-saturday-april-13-toncoin-ethena-thorchain","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/next-cryptocurrency-to-explode-saturday-april-13-toncoin-ethena-thorchain","title":{"rendered":"Next Cryptocurrency To Explode Saturday, April 13 – Toncoin, Ethena, THORChain"},"content":{"rendered":"

The second quarter is markedly different from the first quarter as several cryptocurrencies, particularly altcoins, are forced into a price decline. Due to the ETF approval, the crypto market saw the bulls’ dominance in the first quarter. However, the quarter is progressing otherwise. Many altcoins have lost over 20% of their gains at press time. <\/span><\/p>\n

Thus, traders and investors may have difficulty finding the next cryptocurrencies to explode amid the downturn. Notwithstanding, today’s post shares insight on promising crypto assets to watch in the bearish outlook.<\/span><\/p>\n

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

Furthermore, Investors should expect the interest of the crypto market to tilt towards meme coins and utility assets in the meantime. Recent market data shows that these categories of assets thrive more when there’s widespread uncertainty in the market. Thus, presale offerings such as Slothana are assets to watch, and further details are included below. <\/span><\/p>\n

1. Toncoin (TON) <\/b><\/h3>\n

Toncoin briefly touched the $7 mark before the bear dominance hit the crypto market. The token has since lost over 6% of its value and is worth $6.7 at the time of writing. Even though the price decline sent a cold foot across the market, TON maintains its reputation as one of the top cryptocurrencies to watch. <\/span><\/p>\n

Most investors believe it may become the next crypto coin to explode. Toncoin and its community recently launched a series of incentive-based activities to increase the visibility of the token. Before that, the team worked extensively to improve the token’s utility. <\/span><\/p>\n

\"TON<\/p>\n

For example, TON is now an adopted payment medium on the Telegram platform. Influencers on the platform will also earn TON as rewards for setting up successful channels on Telegram. Thus, the growing utility of the cryptocurrency and its increasing visibility have given it status as one of the best-performing cryptos in the bull market. <\/span><\/p>\n

Also, TON is not only growing within its ecosystem. It is also expanding its reach across the entire crypto community. According to a post on its official Twitter handle, TON might see a surge in adoption in the Asia-Pacific region. The recent Hong Kong crypto embrace has opened up a new cryptocurrency market. <\/span><\/p>\n

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🤝 TON Foundation has formed a strategic partnership with @HashKeyGroup<\/a> to boost the #TON<\/a> Ecosystem, aiming to put crypto and Web3 in every pocket!<\/p>\n

What does it entail?<\/p>\n

✅ Support for early-stage TON-based projects
✅ Enhanced fiat access for @wallet_tg<\/a> users in APAC
✅… pic.twitter.com\/khIiYMHXfC<\/a><\/p>\n

— TON 💎 (@ton_blockchain) April 12, 2024<\/a><\/p><\/blockquote>\n