{"id":565744,"date":"2024-08-17T15:34:54","date_gmt":"2024-08-17T15:34:54","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=565744"},"modified":"2024-08-17T15:34:17","modified_gmt":"2024-08-17T15:34:17","slug":"next-cryptocurrency-to-explode-saturday-august-17-unus-sed-leo-amp-tron-bitget-token","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/next-cryptocurrency-to-explode-saturday-august-17-unus-sed-leo-amp-tron-bitget-token","title":{"rendered":"Next Cryptocurrency to Explode Saturday, August 17 \u2014 UNUS SED LEO, Amp, TRON, Bitget Token"},"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. UNUS SED LEO (LEO)<\/b><\/h3>\n

UNUS SED LEO is a utility token recognized for its advanced features within the iFinex ecosystem. One of its key innovations is the token buyback system. iFinex uses at least 27% of its monthly revenue to repurchase LEO tokens from the open market. This strategy helps maintain the token’s value, which sets it apart from other cryptocurrencies that rely solely on supply and demand.<\/span><\/p>\n

Moreover, LEO’s value is closely linked to Bitfinex’s profitability and its commitment to transparency. Bitfinex allocates a portion of its profits to buying back LEO tokens, ensuring consistent demand. Additionally, regular token burns reduce the overall supply, supporting the token’s price. This system also lowers trading fees for users and boosts investor confidence.<\/span><\/p>\n

Currently, LEO is priced at $5.88, with a slight increase of 0.03% in the past day and 1.87% over the past week. It trades 50.38% above its 200-day Simple Moving Average (SMA) of $3.85. Over the past year, LEO’s price has risen by 47.17%, with 16 green days in the last 30 days. The 14-day Relative Strength Index (RSI) is 41.04, indicating a neutral market sentiment.<\/span><\/p>\n

Looking ahead to 2025, LEO shows promise due to positive regulatory trends and the growing utility of blockchain technologies. It could reach a high of $7.80, supported by favorable market conditions and increasing crypto adoption. The average price is expected to be around $6.40, with minor fluctuations.<\/span><\/p>\n

2. Amp (AMP)<\/b><\/h3>\n

The AMP price experienced a significant surge of around 550% during the first quarter. However, as the market momentum slowed, AMP followed suit and saw a similar decline. Over the past five months, AMP erased all its gains from the Q1 pump, indicating a strong bearish reversal in the crypto market. Despite this, the AMP price saw an intraday jump of 11.13%, bringing it close to its resistance\/support level of $0.004150, suggesting a potential reversal.<\/span><\/p>\n

In the 1D time frame, the AMP coin price has formed a falling wedge pattern and has been trading within this pattern since mid-April. The altcoin is now hovering close to its resistance trendline, and with the recent 11% jump, it is on the verge of testing this level, though the outcome remains uncertain.<\/span><\/p>\n

\"Amp<\/p>\n

AMP trades at $0.004153, with a circulating supply of 80,722,574,661 AMP and 99,213,408,535 AMP tokens. It holds the 144th position in the market with a capitalization of $327.03 million. The 50-day EMA consistently acts as resistance on the AMP price chart, indicating strong bearish sentiment in the market.<\/span><\/p>\n

On the other hand, the MACD indicator shows a steady rise in the green histogram, with its averages pointing to bullish action. This creates uncertainty about AMP’s future price movement. If the market can maintain the AMP price above its support level of $0.004150, the bulls may regain momentum and test the resistance level of $0.006595. If the price holds at that level, AMP could reach its upper high of $0.009100.<\/span><\/p>\n

3. PlayDoge (PLAY)<\/b><\/h3>\n

With over $6 million raised, <\/span>PlayDoge ($PLAY)<\/span><\/a> announced that its presale will end on August 26 at 10 am UTC. The decision to close the fundraising early comes as the team is set to launch its mobile P2E game ahead of schedule, thanks to quicker-than-expected development.<\/span><\/p>\n

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Time to scrub and clean your adorable doge! 🐶 🛁 <\/p>\n

Last chance to load up on $PLAY<\/a> in the presale.<\/p>\n

Time’s running out. ⏳ <\/p>\n

BUY NOW 👉 https:\/\/t.co\/JT0VEofqf2<\/a> pic.twitter.com\/cwjQQuYCNB<\/a><\/p>\n

— PlayDoge (@PlayDogeGame) August 16, 2024<\/a><\/p><\/blockquote>\n