{"id":599370,"date":"2024-11-16T17:07:34","date_gmt":"2024-11-16T17:07:34","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=599370"},"modified":"2024-11-16T17:07:34","modified_gmt":"2024-11-16T17:07:34","slug":"next-cryptocurrency-to-explode-november-16-mantra-stellar-goatseus-maximus-vechain","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/next-cryptocurrency-to-explode-november-16-mantra-stellar-goatseus-maximus-vechain","title":{"rendered":"Next Cryptocurrency to Explode, November 16 \u2014 MANTRA, Stellar, Goatseus Maximus, VeChain"},"content":{"rendered":"

The cryptocurrency market experiences changes and developments that shape investment choices every day. Last month, the cryptocurrency market experienced heightened volatility as several tokens experienced price fluctuations. But things are already starting to look up for many investors.<\/span><\/p>\n

The crypto market is observing a noteworthy increase in trading signals, leading investors to religiously search for the next promising token. However, spotting the <\/span>next cryptocurrency to explode<\/span><\/a> amidst this abundance requires a thorough understanding of the market dynamics. Today’s article identifies coins with some potential and informs investors and traders about each token.<\/span><\/p>\n

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

Today’s review highlights promising cryptocurrencies that investors should keep an eye on. Among these is a new project called FreeDum Fighters. FreeDum Fighters is a satirical token that combines crypto with political drama. In stage 1 of its presale, the project has already laid a clear roadmap. Investors looking for something fresh should consider adding FreeDum Fighters to their watchlist.<\/span><\/p>\n

1. MANTRA (OM)<\/b><\/h3>\n

MANTRA (OM) has recently captured attention with an impressive rally, climbing over 67.23% in just a week. The token surged to $2.28 in the past 24 hours, a 160% increase from its September low. This rise pushed its market cap to $1.22 million, fueled by a sharp boost in daily trading volume, skyrocketing from $92 million three weeks ago to over $656.50 million.  <\/span><\/p>\n

A key driver of this rally is the launch of the MANTRA Chain mainnet on October 23. This new mainnet allows users to bridge OM tokens from other blockchains, providing staking options for network security and rewards. Moreover, the MANTRA Chain offers a higher projected APR than Ethereum, encouraging many users to migrate their tokens. Since its launch, over 1 million OM tokens have been bridged, underscoring its growing appeal.  <\/span><\/p>\n

\"OM<\/p>\n

OM is trading within a range of $2.1935 to $2.7148, thanks to a 37.60% surge in the past 24 hours. Over the last month, the token has gained 48.65%, with a remarkable 244% growth in six months. If OM can break the next resistance at $2.70, it could target $2.87, representing a 26% potential upside from its current price.  <\/span><\/p>\n

\"OM<\/p>\n

Meanwhile, the recent crypto market rebound has sparked excitement in the MANTRA community. Adding to the buzz is the announcement of a massive “GenDrop” airdrop of 50 million OM tokens. This event will reward over 350,000 eligible participants, including NFT holders, stakers, and ecosystem contributors. Initially hinted at in April, the airdrop’s distribution is imminent, further energizing the community.<\/span><\/p>\n

2. Stellar (XLM)<\/b><\/h3>\n

Stellar (XLM) has recently experienced a significant price surge, aligning with the successful testing of Protocol 22. The Stellar testnet has already been upgraded to this protocol, and the community will vote on December 5 for a potential mainnet upgrade. This upgrade could usher in a new chapter for XLM, providing greater functionality and attracting broader interest. Moreover, stable software builds are set to launch on November 19, offering enhanced stability and instilling confidence among developers and investors.  <\/span><\/p>\n

\"XLM<\/p>\n

Currently, XLM is trading at $0.1753. Its recent breakout above $0.1078 indicates a potential shift in trend. The token now targets a resistance level at $0.2084, offering a 19% upside from its current price. On the downside, $0.1587—the previous breakout point—could be a strong support level if the price dips. XLM has broken out of a descending triangle pattern, often signalling a reversal from bearish to bullish momentum.  <\/span><\/p>\n

\"XLM<\/p>\n

The RSI is at 64, highlighting strong buying interest while staying below overbought levels, suggesting more room for growth. With the upcoming vote on the mainnet upgrade and Protocol 22’s successful testing, XLM appears ready to aim for the $0.2084 resistance level if bullish momentum continues.  <\/span><\/p>\n

Since mid-July, Stellar has been attempting to break above the resistance of a falling wedge pattern. The growing buying pressure suggests it could soon surpass this level. Additionally, the bullish Supertrend and a nearing bullish crossover on the MACD reinforce the possibility of an upward trend.<\/span><\/p>\n

3. FreeDum Fighters (DUM)<\/b><\/h3>\n

The <\/span>FreeDum Fighters<\/span><\/a> meme coin presale offers a creative mix of political symbolism and cryptocurrency. It appeals to those passionate about freedom and patriotism, providing a platform where digital political engagement can lead to actual earnings.  <\/span><\/p>\n

The project features two rival figures, MAGATRON and Kamacop 9000, representing mechanized political icons. This innovative concept combines politics, viral meme culture, and staking rewards to attract crypto investors. Supporters of these figures can stake $DUM tokens in pools tied to their chosen candidate. Each pool offers unique rewards, with MAGATRON offering 257% APY and Kamacop 9000 offering 610% APY, making staking entertaining and profitable.  <\/span><\/p>\n

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DOGE is on his way to the FreeDum Fighters' universe to instill the same ethos as Trump's Department of Government Efficiency.<\/p>\n

Are you ready to be efficient or will you let Kamacop run rampant? pic.twitter.com\/63CWlnVJDX<\/a><\/p>\n

— FreeDum Fighters (@Freedum_Fighter) November 15, 2024<\/a><\/p><\/blockquote>\n