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The global crypto market cap has declined over the past 24 hours, but overall market sentiment is positive. Cryptocurrency prices have been fluctuating for some time, including Bitcoin (BTC). BTC still hasn’t reached 100,000, even though it rose to $98,453.70 earlier this month. Meanwhile, Ethereum (ETH) managed to stabilize above $3,500.
However, identifying the the next cryptocurrencies will explode This might take some work, as most funds are attracted to pumping assets. Today’s article explores the performance of cryptocurrencies that dominated the winners list over the past 24 hours. The goal is to identify coins with some potential and educate investors and traders about each token.
The next cryptocurrency will explode
Today’s article discusses the performance of potentially explosive cryptocurrencies that investors should add to their watchlist. It also includes a special mention of Pepe Unchained, a new Pepe-themed coin launched on its Ethereum Layer 2 blockchain. In just a few minutes, it attracted over $150,000 in investments. Details of its presale and the performance of the top performing cryptos today are shared below.
1. Creditcoin (CTC)
Creditcoin is a blockchain platform designed to streamline cross-chain credit transactions and create reliable credit histories. It is the foundation of a decentralized credit market, connecting traditional assets to the evolving Web3 ecosystem.
Launched on April 4, 2019 by a global team spanning the United States, Canada, South Korea, Nigeria and Estonia, Creditcoin addresses a critical challenge for the unbanked population in emerging markets. Many people rely on non-banks for borrowing, but their credit history is often not recognized by traditional banks due to trust issues. Creditcoin solves this problem by recording credit transactions transparently on a public blockchain, making the data verifiable and accessible.
🌠 BIG NEWS for $CTC holders! 🌟
When @_Spacecoin token launches, all CTC holders will receive an exclusive allocation!
A launchpad event will also be held for holders after the airdrop – more opportunities to maximize your crypto potential!Stay tuned for more details on the…
– Créditcoin 🐧 (@Creditcoin) December 2, 2024
Currently, the price of CTC is $1.43, reflecting an increase of 23.46% over the past 24 hours. The market capitalization increased by 23.43% to $583.65 million, while the trading volume jumped by 77.10%, reaching $293.40 million. CTC is trading a remarkable 579.51% above its 200-day simple moving average (SMA) of $0.215132, highlighting its strong market performance. Market sentiment around CTC is bullish, with the Fear & Greed Index indicating Extreme Greed at 80. This suggests an increase in token trading and growing optimism for an upward trend.
Looking ahead, Creditcoin’s strong fundamentals and active community support position it as an up-and-coming player in the blockchain space. If the current bullish momentum continues, the average price of the token could reach $3.19 by 2025. However, if the market turns bearish, the cost could drop to a low of $2.99.
2. JasmyCoin (JASMY)
JasmyCoin (JASMY) is showing strong upward momentum, as seen in its recent chart patterns. The break of a bullish pennant on the daily chart suggests a potential rally ahead. Currently, the price is pulling back slightly, which is typical after breakouts such as traders lock in profits and the market adjusts.
JASMY is priced at $0.02935, consolidating near the $0.02403 support zone. Bollinger bands indicate reduced volatility, suggesting accumulation at this level. The next resistance lies at $0.03000, which could open the way for further gains. However, a drop below $0.02072 could trigger bearish pressure, pushing the price towards $0.01600.
The recent listing of Upbit has significantly increased JASMY’s visibility, attracting the attention of a wide range of traders. Upbit’s reputation for high liquidity and user-friendly features makes this listing an important milestone for JasmyCoin. Institutional interest surged 180%, surpassing $225 million, while open interest increased 4.38%, signaling growing confidence in JASMY’s growth potential.
JasmyCoin also stands out for its emphasis on individuals’ ability to control their personal data. Businesses benefit from secure blockchain-based data management solutions. This dual focus positions JasmyCoin as a leader in privacy-focused technology, meeting the growing demand for secure systems in the Internet of Things (IoT) sector.
3. Pepe Unchained (PEPU)
Pepe Unchained (PEPU) is attracting widespread attention as investors flock to its presale. As an evolution of the original Pepe token on Ethereum, PEPU addresses Ethereum’s core Layer 1 challenges, including high fees, slow transactions, and frequent delays.
This token introduces improvements in scalability, speed and efficiency, aiming to “break free from chains”. By tackling these limitations, Pepe Unchained presents itself as a forward-thinking project with practical improvements over its predecessor.
The pre-sale has already raised over $63.8 million, highlighting strong investor confidence and demand. This achievement highlights its potential to redefine the coin landscape. Investors are particularly optimistic after hearing about upcoming major stock market listings. Rumors suggest that platforms like Coinbase and Binance could offer PEPU, which could significantly improve its market presence and credibility.
There’s a new king in town. pic.twitter.com/ov0TNSvyFY
– Pepe Unchained (@pepe_unchained) November 29, 2024
With the project scheduled to launch on December 13, investors have just 11 days to participate in what could be one of the most successful pre-sales of the year. The tokens are priced at $0.01295 each, providing an attractive entry point. Additionally, holders can stake their tokens for an attractive annual percentage yield (APY) of 59%, adding to the token’s appeal. Purchasing PEPU is simple and can be done on the official website using ETH, USDT or a bank card.
Pepe Unchained is an interesting option for those looking for the next breakout token. It combines innovation with strong investor interest and high-level listing projects.
Buy PEPU Tokens Now
4. VeChain (EFP)
VeChain (VET) is making waves as a blockchain network at the forefront of environmental sustainability and tokenization. Launched in 2015, VeChain has worked tirelessly to achieve its mission of modernizing industries through blockchain technology.
Over the past few weeks, VeChain has seen a remarkable 129.82% price rise, reigniting interest in what was once considered an “old coin.” This impressive performance highlights its resilience and growing relevance in the competitive blockchain space.
Market analysts are optimistic about the future of VeChain. Scofield, a recognized market expert, pointed out that VeChain has broken a critical trendline, which could lead to an additional 20% upside in the coming sessions. The current Relative Strength Index (RSI) stands at 63, signaling bullish momentum. At the same time, the Fear and Greed Index reflects extreme greed at 80, indicating high investor confidence.
VeChain’s price projections are equally encouraging. Leading data aggregator Coincodex predicts that VET could reach $0.1 by March 2025, offering a potential return of 293%. For investors, this translates to an investment of $1,000 today, which will increase to $2,691 within two years.
Beyond price movements, VeChain has a real impact. The network’s collaboration with Renji Hospital has transformed reproductive healthcare through blockchain solutions. At the same time, VeSwap expands opportunities within the Web3 ecosystem. VeChain’s strategic partnerships with major companies like Walmart China and BMW highlight its role in improving supply chain transparency, particularly in the real-world assets (RWA) sector.
5. Baby BitCoin (BABYBTC)
Baby Bitcoin (BABYBTC) grabbed the market’s attention with a massive 108% surge in the past 24 hours, pushing its price to $0.003116 as of 2:31 a.m. EST. Along with this impressive rally, its trading volume jumped 80%, reaching $8.18 million, signaling increased investor activity.
On the 4-hour chart, Baby Bitcoin is exhibiting a robust uptrend, breaking out of its previous consolidation phase around $0.0015, according to data from GeckoTerminal. The token is trading well above the 50-day and 200-day moving averages, classic indicators of sustained bullish momentum.
The Relative Strength Index (RSI) is currently at 71, placing it in the overbought zone. While this reflects strong buying pressure, it also points to a potential pullback or consolidation in the near term. However, during strong uptrends, RSI levels in the overbought range may persist, suggesting that the rally still has room to grow.
✨Update✨
🚀top3 on @CoinMarketCap
🚀top1 for several days now
🚀Hot 1 of @DEXToolsApp
🌟6th Cex @AscendEX_ registration on the way
🌟Verified supply on CMC Ⓜ️https://t.co/SmTAruIMB1
etc…………..
🌟 pic.twitter.com/eHGgMMoJxe– Baby Bitcoin $BABYBTC (@BabyBitcoinBTC) December 2, 2024
The Moving Average Convergence Divergence (MACD) further supports the bullish outlook. The MACD line has broken above the signal line, forming a bullish crossover, and both lines remain above the zero level, a strong signal of continued bullish momentum.
If buying pressure persists, Baby Bitcoin could aim for a new target of $0.0050. However, if the bears regain control at this level, the price could be retraced to test the previous breakout zone at around $0.0014.
Learn more
Most Wanted Crypto Launch – Pepe Unchained
- Layer 2 Coin Ecosystem
- Featured in Cointelegraph
- SolidProof and Coinsult audited
- Faceoff Rewards – pepeunchained.com
- Over $40M Raised in ICO – Ends in December
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