{"id":530176,"date":"2024-06-01T18:50:58","date_gmt":"2024-06-01T18:50:58","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=530176"},"modified":"2024-06-01T18:50:58","modified_gmt":"2024-06-01T18:50:58","slug":"next-cryptocurrency-to-explode-saturday-june-1-constitutiondao-mantra-maga-synthetix","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/next-cryptocurrency-to-explode-saturday-june-1-constitutiondao-mantra-maga-synthetix","title":{"rendered":"Next Cryptocurrency to Explode Saturday, June 1 \u2014 ConstitutionDAO, MANTRA, MAGA, Synthetix"},"content":{"rendered":"

Earning significant ROI in a bull market could mean paying attention to the meme coins and Altcoins with explosive potential. However, identifying the next cryptocurrencies to explode might take some work as most funds are attracted to pumping assets.<\/span><\/p>\n

Today’s article explores the performance of cryptocurrencies that have dominated the gainers list in the last 24 hours. The objective is to identify the <\/span>next cryptocurrencies to explode<\/span><\/a> and inform investors and traders about each token. Also included in the post is an overview of the market trend of crypto assets, which have the potential to post significant gains in the future. <\/span><\/p>\n

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

It’s that time in the market when investors and traders take a position to either edge their gains or capitalize on emerging trends. Experts believe investors have a better chance of finding the next cryptos to explode among upcoming crypto projects. With that in mind, investors should explore the potential of Mega Dice. The project aims to reward current casino users with many benefits while drawing in new ones. Updates on the project and its prospects are shared below.<\/span><\/p>\n

1. ConstitutionDAO (PEOPLE)<\/b><\/h3>\n

The favorable price movement in PEOPLE has been drawing investors’ attention for some time despite the overall market trend. The weekly RSI value indicated an overbought state. The outlook remains bullish even after the price changes in the last 24 hours. The PEOPLE token increased by 27.47%, reaching $0.1075, despite experiencing a bearish trend the previous day.<\/span><\/p>\n

ConstitutionDAO is a decentralized autonomous organization (DAO) created in 2021. Its goal was to buy a rare copy of the United States Constitution at a Sotheby’s auction. However, the DAO lost to Kenneth Griffin, the founder and CEO of Citadel, who won with a bid of $43.2 million.<\/span><\/p>\n

\"ConstitutionDAO<\/p>\n

At press time, the token trades at $0.1075 and has a market cap of over $541 million. This surprising rise follows the dissolution of the DAO in November 2021 after it failed to secure a rare copy of the U.S. Constitution at auction. The reason behind the PEOPLE token’s price increase is still unclear. It may be due to renewed interest in the DAO’s story and the historical importance of the U.S. Constitution. Others think it could result from market manipulation or an unusual market occurrence.<\/span><\/p>\n

2. Mega Dice (DICE)<\/b><\/h3>\n

Mega Dice<\/span><\/a> distinguishes itself in the meme coin market by emphasizing real utility. As a well-known crypto casino, Mega Dice has become the top GameFi platform on Solana. Their native token, DICE, is gaining a lot of attention.<\/span><\/p>\n

Mega Dice has raised over $1.3 million in investment, and there is potential for even more growth. The platform offers more than 4,000 games and over 50 sports betting options. It also has a vibrant community of 50,000 active players. This number only accounts for some registered members, indicating a huge potential user base.<\/span><\/p>\n