{"id":620078,"date":"2025-01-21T12:40:30","date_gmt":"2025-01-21T12:40:30","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=620078"},"modified":"2025-01-21T13:16:16","modified_gmt":"2025-01-21T13:16:16","slug":"next-cryptocurrency-to-explode-21-january-dog-bitcoin-swarms-ultima-mantle","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/next-cryptocurrency-to-explode-21-january-dog-bitcoin-swarms-ultima-mantle","title":{"rendered":"Next Cryptocurrency to Explode, 21 January \u2014 Dog (Bitcoin), Swarms, Ultima, Mantle"},"content":{"rendered":"

The overall feeling in the market was positive from the close of October 2024 until the beginning of this year. Last month, Bitcoin (BTC) rose above its all-time high and surpassed the 100K mark. Eventually, it fell below $96K before rising to102.6K today. Meanwhile, many investors have already made plenty of gains from the November\/December 2024 bull run.<\/span><\/p>\n

Determining the<\/span> next cryptocurrency to explode<\/span><\/a> might be challenging as most funds are attracted to pumping assets. However, this article will explore the performance of cryptocurrencies with much growth potential, especially before the year runs out. The aim is to identify coins with some potential and help investors and traders make informed decisions 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 the presale token Solaxy. This new meme coin offers a unique blend of these two dynamics by combining meme coins’ excitement and reward potential with the practical utility of a Layer 2 blockchain solution.<\/span><\/p>\n

1. Dog (Bitcoin) (DOG)<\/b><\/h3>\n

DOG, a decentralized and community-driven memecoin, has been making headlines since its launch on 24 April 2024. Introduced through a volunteer-led airdrop for the Bitcoin Ordinals community, DOG set itself apart with no team allocation or presale, emphasizing its grassroots origin. Its mission is bold yet straightforward: to soar to new heights while introducing millions of users to Bitcoin.<\/span><\/p>\n

Built on Bitcoin’s Runes protocol, DOG capitalizes on Bitcoin’s global popularity to attract investors’ attention. During May 2024, the token consistently grew, achieving new price milestones weekly. By the end of the month, DOG hit a significant high, surpassing its previous peak of $0.006218, reflecting the growing interest in this unique project.<\/span><\/p>\n

\"DOG<\/p>\n

Recently, DOG’s price has shown minor improvements, fueled by renewed excitement surrounding meme coins. Although it faced a temporary setback with a 32.14% price drop, the token seems poised for recovery. Over the past 24 hours, DOG’s price has increased by 1.38%, and since its launch, it has seen a steady rise of 3.36%, showcasing its resilience.<\/span><\/p>\n

The price movement suggests continued investor confidence. Despite a bearish price prediction sentiment, daily technical indicators also paint an optimistic picture, with a Fear & Greed Index 76 (Extreme Greed). If DOG maintains this upward momentum, it could rise to $0.014527. With the broader market gaining strength, DOG has the potential to hit an ambitious milestone of $0.5, marking substantial recovery and growth in its market value.<\/span><\/p>\n

2. Swarms (SWARMS)<\/b><\/h3>\n

Swarms (SWRM) has captured attention with a remarkable 39.13% price increase over the past 24 hours, trading at $0.1691 as of 6 a.m. EST. This sharp rise has been matched by a similar market capitalization increase, now at $169.08 million. This surge reflects strong demand and growing bullish sentiment in the market.<\/span><\/p>\n

A key support level has emerged at $0.1398, aligning with the 50-day Moving Average (MA). The current price’s significant gap above this support indicates the robustness of the bullish trend. However, the absence of a 200-day MA suggests the token might be relatively new or lack enough trading history for more in-depth analysis using this indicator.<\/span><\/p>\n

\"SWARMS<\/p>\n

Further optimism comes from the MACD (Moving Average Convergence Divergence), which shows a positive trend. The MACD line, currently at 0.0861, has crossed above the Signal line at 0.0676, signaling growing buying momentum. Additionally, the green histogram bars reinforce this upward movement. The RSI (Relative Strength Index) remains in the neutral zone but leaves room for continued growth. Strong uptrends often maintain elevated RSI levels as buyers sustain control.<\/span><\/p>\n

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— $swarms (@swarms_corp) January 20, 2025<\/a><\/p><\/blockquote>\n