{"id":536276,"date":"2024-06-15T05:00:46","date_gmt":"2024-06-15T05:00:46","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=536276"},"modified":"2024-06-15T05:00:46","modified_gmt":"2024-06-15T05:00:46","slug":"next-cryptocurrency-to-explode-friday-june-14-beldex-uniswap-lido-dao-ultima","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/next-cryptocurrency-to-explode-friday-june-14-beldex-uniswap-lido-dao-ultima","title":{"rendered":"Next Cryptocurrency To Explode Friday, June 14 \u2014 Beldex, Uniswap, Lido DAO, Ultima"},"content":{"rendered":"

Cryptocurrency prices have been on the rise lately, and the overall feeling in the market is favorable. Recently, Bitcoin (BTC) has been hovering around $66K to $68K, and Ethereum (ETH) is striving to reach $4,000, creating mixed sentiments among investors.<\/span><\/p>\n

However, identifying the <\/span>next cryptocurrencies to explode<\/span><\/a> might take some work 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. Beldex (BDX)<\/b><\/h3>\n

BelNet is a groundbreaking initiative that embodies the principles of DePIN. It offers a decentralized Virtual Private Network (VPN) service by using masternodes as routers to direct traffic within its onion routing system. This decentralized structure ensures the network’s privacy and security. By leveraging blockchain technology, BelNet creates a secure VPN service that safeguards user anonymity and prevents data leaks. Consequently, BelNet allows users greater control over their online activities and reduces the risks linked with centralized VPN providers.<\/span><\/p>\n

Beldex employs cryptographic techniques to protect user identities and transaction details, ensuring true privacy on its network. Masternode validators verify these private transactions and are compensated with the network’s native currency, BDX. This approach aligns with the DePIN model, which rewards validators who provide physical infrastructure support to the network.<\/span><\/p>\n

 <\/p>\n

\"Beldex<\/p>\n

Today, the BDX price is $0.04379, marking a 13.82% increase in the last 24 hours. Its market cap has risen by 13.67% to $282.35 million, with a 24-hour trading volume of $1.54 million. Beldex is trading 6.03% above its 200-day Simple Moving Average (SMA) of $0.041132. The 14-day Relative Strength Index (RSI) stands at 65.59, suggesting that the cryptocurrency is neutral and may continue to trade sideways.<\/span><\/p>\n

Despite the current bearish sentiment in the BDX price prediction, the Fear & Greed Index is at 74 (Greed). This indicates increased token transactions and growing optimism about a potential uptrend.<\/span><\/p>\n

2. Base Dawgz (DAWGZ)<\/b><\/h3>\n

Just over a week since its presale launch, <\/span>Base Dawgz ($DAWGZ)<\/span><\/a> has successfully raised nearly $1.3 million from enthusiastic investors. Positioned as the newest meme coin on the Base chain, it aims to challenge the dominance of Brett ($BRETT).<\/span><\/p>\n

Consider this scenario: If you had invested $500 in BRETT when it first listed on decentralized exchanges at $0.0001308 on 27 February, today you would have amassed $634,938. Base Dawgz has the potential to achieve similar, if not superior, results.<\/span><\/p>\n