{"id":559665,"date":"2024-08-02T05:53:10","date_gmt":"2024-08-02T05:53:10","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=559665"},"modified":"2024-08-02T05:53:10","modified_gmt":"2024-08-02T05:53:10","slug":"next-cryptocurrency-to-explode-thursday-august-1st-quant-aave-toncoin-curve-dao-token","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/next-cryptocurrency-to-explode-thursday-august-1st-quant-aave-toncoin-curve-dao-token","title":{"rendered":"Next Cryptocurrency to Explode Thursday, August 1st \u2014 Quant, Aave, Toncoin, Curve DAO Token"},"content":{"rendered":"

Although cryptocurrency prices have been falling for a while, the overall feeling in the market remains positive. Recently, Bitcoin (BTC) has been struggling to get back to $70K and above, and Ethereum (ETH) is striving to stabilize at $3,200.<\/span><\/p>\n

However, identifying the <\/span>next cryptocurrencies to explode<\/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 Pepe Unchained, a new Pepe-themed meme coin launched on its Ethereum Layer 2 blockchain. Within minutes, it attracted over $150,000 in investments. The details of its presale and the performance of the top-performing cryptos today are shared below.<\/span><\/p>\n

1. Quant (QNT)<\/b><\/h3>\n

Quant is gaining momentum as a potential breakout in the best crypto coin presale of 2024. With its innovative technology and strategic market presence, this crypto project is capturing the interest of investors and crypto enthusiasts. It stands out due to its advanced technology aimed at solving interoperability issues in the blockchain world.<\/span><\/p>\n

Firstly, Quant’s Overledger technology allows different blockchains to communicate seamlessly, solving a major problem in the industry. This innovation enhances functionality and efficiency, making Quant a robust and reliable platform. Moreover, its growing community of developers and investors is a testament to its potential. This support is crucial for the project’s success, driving innovation and adoption. As more people recognize Quant’s capabilities, its presence in the best crypto coin presale of 2024 continues to strengthen.<\/span><\/p>\n

\"Quant<\/p>\n

Recently, the token consistently formed lower highs and lows, indicating increasing bearish strength. However, the recent rebound, driven by a surge in buying pressure, suggests a potential trend reversal. Additionally, the MACD showed a bullish crossover with a 12.87% increase in buying volume. Consequently, the QNT price is likely to break out of its consolidation. If it maintains levels, the local resistance at the start of Q3 could be very bullish, potentially pushing the rally to higher targets.<\/span><\/p>\n

2. Aave (AAVE)<\/b><\/h3>\n

Aave launched in 2020 and quickly became one of the best cryptocurrencies to invest in. Two years later, the $AAVE token reached an all-time high of $667. Since then, AAVE has had ups and downs but recently found a positive direction with a new governance proposal.<\/span><\/p>\n

Similar to Rollblock’s revenue sharing and buyback model, the AAVE proposal has attracted many investors. They are eager to share a potential annual revenue of $60 million. Since the announcement, AAVE’s price has risen to $114.57, and analysts predict it could reach $130 mid-term.<\/span><\/p>\n

\"Aave<\/p>\n

According to Lookonchain, a cryptocurrency on-chain monitoring service, whales have significantly increased their focus on AAVE and other altcoins. These large investors have accumulated $6.47 million worth of AAVE tokens in the last two days.<\/span><\/p>\n

\n

Aave V3.1 is now live on all networks with active Aave V3 instances.<\/p>\n

Developed and upgraded by @bgdlabs<\/a> and approved by the Aave DAO, the V3.1 enhancements improve the protocol’s overall security, operational efficiency, and usability.<\/p>\n

— Aave Labs (@aave) July 31, 2024<\/a><\/p><\/blockquote>\n