{"id":560971,"date":"2024-08-05T14:38:29","date_gmt":"2024-08-05T14:38:29","guid":{"rendered":"https:\/\/insidebitcoins.com\/news\/auto-draft"},"modified":"2024-08-05T14:38:19","modified_gmt":"2024-08-05T14:38:19","slug":"next-cryptocurrency-to-explode-monday-august-5-galxe-fasttoken-beldex-dai","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/next-cryptocurrency-to-explode-monday-august-5-galxe-fasttoken-beldex-dai","title":{"rendered":"Next Cryptocurrency to Explode Monday, August 5 \u2014 Galxe, Fasttoken, Beldex, Dai"},"content":{"rendered":"

The altcoin market looks bullish as some coins try to bounce back. Investors need to stay alert during this consolidation phase, as it could be a chance to ride a rising trend.<\/span><\/p>\n

Institutional investors are now paying more attention to interoperability and tokenizing real-world assets. Prices of these assets are climbing, even before the market takes off entirely. The objective is to identify the <\/span>next cryptocurrencies to explode<\/span><\/a> and inform investors and traders about each token.<\/span><\/p>\n

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

Attention in the crypto market in the coming month will go toward the altcoin and meme coin sectors and making the most of the altcoin market. Hence, investors can capitalize on the moment and take a position in upcoming tokens like PlayDoge. PlayDoge is a new Doge meme coin that uses play-to-earn technology to create a gaming economy with real monetizable value. This post covers the details of its presale.<\/span><\/p>\n

1. Galxe (GAL)<\/b><\/h3>\n

Galxe is preparing for a significant event: the unlocking of 4.17 million $GAL tokens. This unlock is noteworthy because a major holder is depositing substantial tokens on Bybit, one of the world’s leading crypto exchanges. Such moves typically trigger speculation among investors, as large token deposits often signal potential sell-offs or strategic positioning ahead of market shifts.<\/span><\/p>\n

For those unfamiliar, Galxe is a dynamic platform in the crypto space known for its innovative approach to decentralized identity management. Moreover, its $GAL token is crucial in powering the ecosystem, enabling users to participate in governance, access exclusive features, and more.<\/span><\/p>\n

\"Galxe<\/p>\n

Despite the recent bearish market, the GAL token rose over 3% in 24 hours. Additionally, its monthly and yearly charts show growth of 31.02% and 111.93%, respectively, indicating a promising bullish potential in the coming months. Galxe has not only outperformed 89% of the top 100 crypto assets, including BTC and ETH, but it is also trading 191.97% above the 200-day SMA, which is $1.40072.<\/span><\/p>\n

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The upgraded @GalxePassport<\/a> provides users with three new features to secure their digital identity information:<\/p>\n

1. Private Data Vault
2. Facial Re-Verification
3. Timestamped Verification<\/p>\n

Learn more about Passport’s upgraded security here 👇https:\/\/t.co\/T4PEsZa8v6<\/a><\/p>\n

— Galxe (@Galxe) July 30, 2024<\/a><\/p><\/blockquote>\n