Next Cryptocurrency To Explode
In the recent week, the global crypto market cap experienced a decline by 1%, reaching the figure of $1.59 trillion. This also caused a 17% decrease in the trading volume, which amounted to $46.79 billion. You may be wondering what the future holds for digital currencies. Investors should be on the lookout for the next cryptocurrencies to take off. Although it’s difficult to identify these potential gainers due to the current market conditions, some coins might stand out.
Near Protocol (NEAR)
NEAR has recently broken records, recording 13.9 million transactions in 24 hours and burning over 350k NEAR. The growing number of daily users, which exceeds 700,000, has led to a price increase of nearly 5% in the last 24 hours, now at $2.37. Do you think NEAR will continue to rise? This spike may be a sign of a bullish trend and a potential opportunity for you.
Conflux (CFX)
Conflux continues moving closer to the $1 mark, showing a 7% increase in the last 24 hours and costing $ 0.199657. With 15 bullish days in the past 30 and the potential for breaking above $1, watching CFX closely might be worthwhile.
FIL, with its recent partnership with io.net, is poised for positive growth as we venture into the next quarter, showing potential as one of the next cryptocurrencies that could explode. This is also supported by the growing demand for decentralization in media and entertainment.
Meme Kombat (MK)
Finally, don’t miss the presale of Meme Kombat, which has already generated over $3 million of its $5 million milestone. Offering a discounted price at $0.246 with an expected rise to $0.257 in the next four days, this coin is another one to watch closely, especially with its Play-to-Earn features.
Hot Take: Cryptocurrency Gains and Declines
You are not alone if you are looking for the next cryptocurrency to skyrocket. This week’s market movements have left investors with varied emotions due to the wide deviation from the previous week’s explosive crypto gains. However, as the market dips, it may also present buying opportunities, especially in NEAR, CFX, FIL, and MK. Stay informed to ensure you don’t miss your chance at catching the next crypto wave!
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Insa’s extensive background in the financial realm encompasses roles as a writer, trader, and personal finance coach. Her proficiency spans a wide spectrum, ranging from commodities and indices to forex and cryptocurrencies. Insa’s specialization lies in furnishing strategic investment advice tailored to the fintech investment niche.