{"id":532723,"date":"2024-06-06T15:05:08","date_gmt":"2024-06-06T15:05:08","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=532723"},"modified":"2024-06-06T15:05:08","modified_gmt":"2024-06-06T15:05:08","slug":"next-cryptocurrency-to-explode-thursday-june-6-mantle-gmx-stacks-livepeer","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/next-cryptocurrency-to-explode-thursday-june-6-mantle-gmx-stacks-livepeer","title":{"rendered":"Next Cryptocurrency to Explode Thursday, June 6 \u2014 Mantle, GMX, Stacks, Livepeer"},"content":{"rendered":"

Cryptocurrency prices have been on the rise lately, and the overall feeling in the market is favorable. Recently, Bitcoin (BTC) has risen above $70,000, and Ethereum (ETH) is striving to get to $4,000, providing some relief to investors.<\/span><\/p>\n

However, identifying the <\/span>next cryptocurrencies to explode<\/span><\/a> might be a bit challenging as most funds are attracted to pumping assets. Today’s article explores the performance of cryptocurrencies that have dominated the gainers list in the last 24 hours. The objective is to identify coins with some potential and inform investors and traders about each token. <\/span><\/p>\n

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

Today’s article discusses the performance of potentially explosive cryptos that investors should add to their watchlist. It also includes a special mention of Base Dawgz, one of the newest memecoin launches on the Base Network. It features a distinctive multi-chain experience with smooth interoperability across various blockchains. The details of its presale and the performance of the top-performing cryptos today are shared below.<\/span><\/p>\n

1. Mantle (MNT)<\/b><\/h3>\n

Unlike many other popular cryptocurrencies, Mantle’s price has shown a strong upward trend in the last few weeks of 2023. Despite efforts by the bears to reduce profits, the bulls have successfully defended their support levels. This recent increase has renewed hopes of reaching the yearly highs again.<\/span><\/p>\n

In the past 24 hours, Mantle’s MNT\/USD price has risen by 5.86% to $1.03. Over the past week, it has climbed more than 4.0%, moving from $1.00 to its current price. Currently, the coin’s all-time high is $1.54.<\/span><\/p>\n

\"Mantle<\/p>\n

The MNT price has been steady at the support level just below $1, specifically at $0.944, for over a month. This made the current rebound expected. The RSI is rising, which indicates that the price may increase and test the upper resistance at $1.08. The Bollinger bands are parallel, suggesting that bulls and bears are either equally strong or inactive. As a result, the price may continue to consolidate upwards and reach the resistance level soon.<\/span><\/p>\n

\n

⚙️ Mantle EcoFund: $5M Deployed to Boost SocialFi & Gaming Innovation on Mantle Network Since March 2024<\/p>\n

Fresh funding has been committed to new dApps:<\/p>\n

👾 @MetaCeneGame<\/a>
🗡 @BladeGamesHQ<\/a>
🏛️ @co_museum<\/a>
🌟 @fingerlabs_io<\/a>
🪽 @L3E7_Official<\/a>
💫 @theDreamOS<\/a> pic.twitter.com\/wS4wcuMerT<\/a><\/p>\n

— Mantle (@0xMantle) June 5, 2024<\/a><\/p><\/blockquote>\n