Next Cryptocurrency to Explode
If you have been watching the crypto market, you know that the reality has been far from favorable with recent fluctuations wiping out a lot of open positions. While the global crypto market cap only made a paltry gain of 0.11% in the past 24 hours, some cryptocurrencies have outperformed the rest. So what is the next cryptocurrency to explode? We explore the potentials of Quant, WOO, and Meme Kombat and why their recent performance has been quite impressive.
Meme Kombat (MK)
Some of the top-ranking tokens in the new crypto category are related to GameFi projects. One of the latest to watch is Meme Kombat, which has raised over $6.4 million in its presale recently. The token is currently on sale at a discounted price and the team promises to distribute over $25,000 worth of USDT to the investors. If you want to capitalize on the memecoin market, now might be the time to grab MK before it becomes mainstream.
Polygon Ecosystem Token (POL)
The POL token has seen significant growth recently breaking its resistance at the $0.9 range and printing gains of over 8% in the last 24 hours. The ecosystem is improving its underlying technology and might see a rise in its use cases, positioning POL to be one of the next cryptocurrencies to explode. The token might face bearish pressure in the short run but potentially rise in the long run, making it a token worth watching.
Quant (QNT)
QNT has recently gained momentum in the market, putting its price at $121 with $28.41 million in volume. As the project works on improving the adoption of cryptocurrency in everyday transactions and invests in real estate tokenization, QNT’s rise is imminent according to its market data. Investors should definitely keep an eye on QNT and get it on their watchlist.
Woo (WOO)
Woo has been testing the $0.45 resistances and might soon break above the zone with a readiness to go up. While the prospect of making it into the $1 range this year is quite unlikely, WOO’s overall positive fundamentals should help it scale above its current resistance. Keep in mind that WOO has struggled to outperform bitcoin in the market over the past 52 weeks, so you should consider this when deciding on the cryptocurrency.
Hot Take: The Next Crypto to Explode
As an investor in the crypto market, you need to carefully examine the potential of different coins before deciding which to buy. While Meme Kombat, Polygon’s POL, Quant, and Woo appear to have great potential, it’s crucial to follow their trends closely before making any investments.