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The altcoin market looks promising and many altcoins are seeing gains. Bitcoin (BTC) is still struggling to return to its all-time high of $70,000, although it managed to surpass $67,000. Investors should remain vigilant during this consolidation phase, as this could be an opportunity to take advantage of an uptrend.
The prices of various altcoins are already showing positive movements, even before the market fully takes off. This is why today’s article is dedicated to identifying the next cryptocurrencies will explode and inform investors and traders about each token.
The next cryptocurrency will explode
Savvy investors are anticipating a boom in the altcoin market and taking positions on upcoming tokens like Crypto All-Stars. The project aims to revolutionize the coin space with its revolutionary MemeVault ecosystem. This article covers the details of its presale.
1. Beam (BEAM)
Beam (BEAM) is showing positive momentum, with its current price at $0.01729, reflecting an increase of 7.97% over the past 24 hours. Over the past month, Beam has had 14 “green days,” meaning its closing price was higher than its opening price 47% of the time. Despite this, Beam shows promising development due to its high liquidity relative to its market capitalization. Overall market sentiment for Beam remains bullish, with 14 technical indicators pointing towards a positive trend.
Looking ahead, Beam is expected to remain stable. Its price prediction for October 19, 2024 is expected to remain unchanged at $0.016314. However, by October 22, 2024, the price could reach $0.018278, representing a potential increase of 12.04%. The uptrend may continue, with a possible high of $0.021578 by the end of the month.
Beam’s recent performance suggests cautious optimism, with gradual price increases expected in the coming days. Neutral market sentiment combined with bullish technical signals make Beam an asset to watch for further developments.
THE @BeamGamers play so many games, sometimes it’s hard to keep up!
We play @BuildOnBeam games, but also games on other channels.
As @aavegotchithe game of: @gotchiguardians 👻
– Beam (@BuildOnBeam) October 18, 2024
The growing interest in Beam could be due to increased attention to privacy-friendly cryptocurrencies. According to Santiment analysts, social media platforms are seeing more and more posts discussing Beam’s development and active community involvement.
2. Mog Coin (MOG)
Mog Coin (MOG) has shown some price fluctuations over the past day. Currently, MOG price stands at $0.052133, an increase of 8.09%. Along with this price rise, its market capitalization increased to $833.07 million and trading volume jumped 34.49% to $33.72 million. The total supply of MOG tokens is currently 390.57 trillion, while the maximum supply is 420.69 trillion. This indicates that there has been significant trading activity and demand for the token recently.
Over the past week, MOG recorded the third highest gain among the top 100 cryptocurrencies, according to CoinMarketCap. Several well-known celebrities and crypto influencers appear to have invested in this coin, as seen in their social media posts. However, with a market cap of $833 million, some investors are wondering if it’s too late to invest in MOG.
One of the main reasons for Mog Coin’s success is its strong social media presence, which keeps its community active and engaged. For investors looking for affordable options with growth potential, Mog Coin presents an exciting opportunity. Its ability to bounce back from market corrections has also solidified its position.
The future is so bright 🫵😹 pic.twitter.com/gCiZykMJ7z
– MOG COIN (@MogCoinEth) October 18, 2024
While analysts like Gem Insider predict that MOG could reach a valuation of $4 billion in the next six weeks, others are more cautious, suggesting that the current trend may not fully support this development. Meme coins often reach billion-dollar valuations quickly, but tend to slow down as whales upgrade to newer coins. Investors may want to wait for a price correction before entering the market.
3. Crypto Stars (STARS)
Crypto Stars is making a significant impact in the meme coin space with the introduction of its innovative MemeVault ecosystem. This platform allows holders of various meme coins to earn rewards through its native token, $STARS. By bringing together multiple meme coins, Crypto All-Stars simplifies multi-token and multi-chain staking, allowing users to more easily manage their crypto assets.
What makes MemeVault unique is its ability to allow users to stake multiple meme coins from different blockchains in one place. This provides more flexibility compared to traditional staking, where investors are often limited to a single token on a specific blockchain.
During its presale, Crypto All-Stars raised $2.46 million, close to its goal of $2.62 million. The token’s price is currently at $0.0015067, with a price increase expected in less than 22 hours. Early investors have a short window to join before the pre-sale concludes.
The project has attracted the attention of major platforms such as Techopedia, CoinGape, CryptoPotato and Bitcoin.com. These partnerships help increase Crypto All-Stars’ visibility, attracting more participants to its growing MemeVault ecosystem and making it a rising star in the crypto community.
Visit the Crypto All-Stars Presale
4. Cat in a Dog’s World (MEW)
cat in a Dog’s World ($MEW) has attracted the attention of investors and its popularity continues to grow. Over the past week, the price of $MEW saw significant growth from a low of $0.006289 to $0.009199. As it approaches a market capitalization of $850 million, it is making its third attempt to break through this resistance level, demonstrating strong potential for future growth. This upward trend makes $MEW an attractive option for those looking to expand their cryptocurrency portfolio.
With a solid following of 120,000 followers on Twitter, the community engagement around *Cat in a Dog’s World* is impressive. The many likes and retweets reflect the enthusiasm and enthusiasm of the supporters. The project’s website emphasizes the unique positioning of cats in a market traditionally dominated by dog-themed tokens, offering clever branding and a vibrant ecosystem that could attract potential investors.
Currently, $MEW is approaching its March 2024 all-time high (ATH), and enthusiasm is growing. While Popcat, Solana’s main cat-themed coin, has dominated the market recently, the stark difference in performance of MEW and Popcat this week could signal a turning point.
$MEW’s bullish momentum continues, with the coin maintaining a steady recovery after rejecting intermediate lows. The increase in on-balance volume (OBV) suggests that the uptrend is likely to continue, leading to a new ATH at $0.011 as positive sentiment and buying volume increases.
5. Jupiter (JUP)
Grayscale recently added Jupiter (JUP) to its list of assets under consideration. Jupiter is one of the most active decentralized exchange (DEX) aggregators on the Solana blockchain, known for supporting meme token activity and distributing fees to the community. This makes JUP a solid financial project within the Solana ecosystem. As Grayscale plans to add Jupiter to its offerings, this token could attract more interest from investors looking for new opportunities in the crypto space.
As more investors move away from well-known projects like Chainlink and Polygon, emerging altcoins like Kaspa, ATOM, and Jupiter are attracting attention. These altcoins are becoming popular and could present new investment opportunities during the current market cycle.
Presentation @ApeJupiter — Solana Memecoin Terminal.
Pro-Performance, mobile convenience, available to everyone.
monkey memes, pic.twitter.com/SyZCTf7HCn
–Jupiter 🪐 (@JupiterExchange) October 17, 2024
Jupiter (JUP) has traded between $0.8075 and $0.8744 over the past six months, showing resilience despite price fluctuations. Recently, JUP saw an increase of 4.74%, reaching $0.8564, supported by its 10-day moving average. With increasing buying pressure, the price could reach $0.93, offering a potential gain of 42.74% from current levels. Although its performance has been mixed, Jupiter is showing strength and could break out as the market recovers.
Additionally, Jupiter recently launched Ape Pro, a professional-grade coin trading app unveiled on October 17, 2024 through its official X Account. Available on mobile and web platforms, Ape Pro offers advanced data analytics, real-time token streaming, and optimized MEV protection, meeting the needs of meme coin traders.
Learn more
Most Wanted Crypto Launch – Pepe Unchained
- Layer 2 Coin Ecosystem
- Featured in Cointelegraph
- SolidProof and Coinsult audited
- Faceoff Rewards – pepeunchained.com
- Over $10M Raised at ICO – Ending Soon
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