{"id":552164,"date":"2024-07-16T15:09:00","date_gmt":"2024-07-16T15:09:00","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=552164"},"modified":"2024-07-16T15:09:00","modified_gmt":"2024-07-16T15:09:00","slug":"next-cryptocurrency-to-explode-tuesday-july-16-pepe-worldcoin-pups-ordinals-dogwifhat","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/next-cryptocurrency-to-explode-tuesday-july-16-pepe-worldcoin-pups-ordinals-dogwifhat","title":{"rendered":"Next Cryptocurrency to Explode Tuesday, July 16 \u2014 Pepe, Worldcoin, PUPS (Ordinals), dogwifhat"},"content":{"rendered":"

The altcoin sector is gaining attention, and various parts of the crypto world are seeing a resurgence in demand. Similarly, Metaverse tokens are picking up speed, hinting at an upcoming bull run and signaling the potential start of an altseason.<\/span><\/p>\n

With expectations of a bull market, altcoins are poised for significant gains this week. Analysts think this might produce more <\/span>explosive performance<\/span><\/a> for meme coins, too. However, Bitcoin’s dominance has overall gone up this year, showing that the market is mixed.<\/span><\/p>\n

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

Attention in the crypto market in the coming month will be directed toward altcoins and meme coins as the market anticipates a bull run. Investors can capitalize on the moment and take a position in upcoming tokens like the 99Bitcoins token. 99Bitcoins token’s transition from the ERC-20 to the BRC20 token standard enables developers to create a new token standard. This post covers the details of its presale.<\/span><\/p>\n

1. Pepe (PEPE)<\/b><\/h3>\n

Pepe Coin is now valued at $0.00001170, with a 24-hour trading volume of $2.1 billion and a market cap of $5.04 billion, representing a 0.21% market dominance. In the last 24 hours, the price of PEPE has jumped by 28.66%. This surge might be linked to the U.S. SEC’s “preliminary approval” of spot ETH ETFs. Pepe, a highly reactive meme coin on the Ethereum blockchain, previously experienced a 56% price increase when spot Ethereum ETF 19-4b applications were approved. With ETF trading set to begin on July 23, PEPE’s upward trend might continue.<\/span><\/p>\n

Pepe Coin reached its highest price of $0.00001717 on May 27, 2024, and its lowest price of $0.000000001057 on April 14, 2023. Since its all-time high, the lowest price recorded was $0.00007734, and the highest price since then was $0.00001253. The current outlook for Pepe Coin is positive, with the Fear & Greed Index at 65, indicating greed. Pepe Coin has a circulating supply of 420.69 trillion PEPE, which is also its maximum supply.<\/span><\/p>\n

\"PEPE<\/p>\n

Additionally, the recent increase in PEPE’s price may be partly due to the growing acceptance and positive sentiment towards cryptocurrencies, influenced by figures like Larry Fink, CEO of BlackRock. In a recent CNBC interview, Fink expressed his strong belief in Bitcoin’s role in investment portfolios, calling it “digital gold” with the potential to provide uncorrelated returns and protect investors from currency debasement.<\/span><\/p>\n

Technical indicators on PEPE’s 4-hour chart suggest that the meme coin could continue to rise in the next 24 hours. The Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) show positive signs. RSI readings have significantly increased during the past trading day. Now above 80, this indicator suggests PEPE has strong bullish momentum.<\/span><\/p>\n

2. Worldcoin (WLD)<\/b><\/h3>\n

Worldcoin, a cryptocurrency, has recently gained attention due to a significant increase in its price. In early May, the value of Worldcoin’s token, WLD, rose by 22%, making it one of the best-performing altcoins. This increase aligns with a surge in artificial intelligence (AI) advancements, particularly those related to OpenAI. This suggests a possible link between WLD’s market trends and developments in AI technology.<\/span><\/p>\n

Speculation about potential partnerships and new projects incorporating more AI tools into cryptocurrency has increased excitement. Currently, Worldcoin is priced at $2.22, with a 24-hour trading volume of $348,276,421, reflecting a 214.24% increase. In the last 24 hours, Worldcoin has risen by 17.06%. It ranks 104th on CoinMarketCap, with a market cap of $612,298,321 and a circulating supply of 275,589,991 WLD coins.<\/span><\/p>\n

\"Worldcoin<\/p>\n

Investing in Worldcoin offers the chance to participate in a cutting-edge cryptocurrency project that uses biometric verification and zero-knowledge proofs to enhance security and privacy. Its innovative approach aims to prevent AI impersonation and support the distribution of Universal Basic Income (UBI), which could help reduce economic inequality. <\/span><\/p>\n

\n

Just in: The Worldcoin community has grown to 6 million verified humans & the Worldcoin Foundation has announced an additional year to redeem reservations.https:\/\/t.co\/TrKDTXHqqU<\/a><\/p>\n

— Worldcoin (@worldcoin) July 10, 2024<\/a><\/p><\/blockquote>\n