The next cryptocurrency will explode on September 3 – Sun Token, ApeCoin, UMA, Stacks

Earning a significant return on your investment in a bull market could mean paying attention to meme coins and Altcoins with explosive potential. However, identifying the next cryptocurrencies to explode could take some work, as most funds are attracted by pumping assets.

Today’s article explores the performance of cryptocurrencies that dominated the winners list over the past 24 hours. The objective is to identify the the next cryptocurrencies will explode and inform investors and traders about each token. The article also includes an overview of the market trend of crypto assets, which have the potential to generate significant gains in the future.

The next cryptocurrency will explode

This is the time in the market when investors and traders take positions to either cut their gains or capitalize on emerging trends. Experts believe that investors have a better chance of finding the next booming cryptos among the upcoming crypto projects. With this in mind, investors should explore the potential of Mega Dice. The project aims to reward current casino users with numerous benefits while attracting new ones. Updates on the project and its prospects are shared below.

1. Solar token (SUN)

SUN’s current price stands at $0.018, up 3.27% in the last 24 hours. Its market capitalization also increased by the same percentage, reaching $179.16 million. Additionally, the 24-hour trading volume jumped 55.36%, reaching $121,730. SUN is now trading 118.73% above its 200-day simple moving average (SMA) of $0.008192.

While the price forecast sentiment for SUN is neutral, the Fear & Greed Index shows a level of 37, indicating fear in the market. However, the recent increase in price and trading volume suggests growing interest in the token, hinting at a possible upward trend.

SUN.io, TRON’s first all-in-one platform, supports stablecoin trading, token mining, and self-governance. The SUN token provides holders with voting rights, governance, value capture, and staking rewards.

🚀 Exciting news! We’re launching the SunPump PumpStars program and we want YOU to join us!

Become a key player in shaping the future of #even ecosystem on #TRON.

🛠 PumpStar Responsibilities:
• Spread the message #PompeSoleil on
• Organize and participate in online events… pic.twitter.com/72Z9M9AMSg

-SunPump (@sunpumpmeme) October 3, 2024

With strong fundamentals and support from the crypto community, SUN could see significant growth. If the project secures collaborations with other networks, its price could exceed $0.1 by 2024. If the crypto market’s bullish trend continues, the average price could reach $1 by 2025. However , if the market becomes bearish, the price could drop to a level below $1. minimum of $0.008 in 2024.

2. SPX6900 (SPX)

According to data from GeckoTerminal, SPX6900 remained in consolidation phase throughout September, trading around $0.034, close to its 200-day simple moving average (SMA). After this period of stability, marked by a yellow box, the price surged, signaling a strong bullish breakout. The current price movement is parabolic and shows rapid growth.

SPX6900 is now trading above its 50-day and 200-day SMAs, confirming its uptrend. The Moving Average Convergence Divergence (MACD) is also breaking above the neutral line, further indicating positive momentum for the price.

If this uptrend continues, SPX6900 could reach a target of $0.233. However, the Relative Strength Index (RSI) has fallen from the overbought level of 70 to 66. This could suggest that sellers could step in, potentially causing prices to fall. If selling pressure increases, SPX6900 could fall to the 50-day SMA at $0.079, which could act as support.

3. Mega Dice (DICE)

Mega Dice ($DICE) debuted on decentralized exchange Raydium this Monday after successfully raising over $1.9 million during its presale. As one of Solana’s main GameFi projects, Mega Dice introduced the $DICE token, which provides users with low transaction fees and various utilities. These include cashback, improved gameplay and exclusive NFTs, with plans for future features such as futures trading.

To support the launch, the project burned 128 million $DICE tokens and deployed the second version of its staking platform. Staking V2 offers an impressive 2,368% APY for 30-day and 90-day fixed-term staking pools, as well as additional rewards for early participants.

These moves aim to help the $DICE price recover from its initial sell-off, as early investors looking for quick profits have already sold. With the stock listing and the team’s focus on providing value to players and token holders, Mega Dice is positioning itself as a serious contender in the GameFi space, competing with major players like Rollbit.

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🔒 Always use links from our official publications, website or Telegram for your safety. pic.twitter.com/atz4dDScOJ

– Mega Dice Casino (@megadice) October 2, 2024

As with any token listing, some investors quickly took profits, causing $DICE to lose approximately 70% of its value in the first 24 hours, according to DEXTools. However, the project burned 128 million DICE tokens and 45,000 liquidity provider tokens, reducing the overall supply and potentially increasing the value of the remaining tokens. These moves are expected to support the long-term growth of the project.

See the mega dice on Raydium

4.UMA (UMA)

UMA displays strong momentum, making it a notable player in the market. In the last 24 hours, its price increased by 1.58%, reaching $2.89. This growth is supported by high liquidity, with a volume to market capitalization ratio of 0.913, signaling active interest and trading.

The 14-day RSI for UMA is at 58.11, suggesting balanced market sentiment. This indicates that even though the coin is not overbought, it may continue to trade steadily for the time being. With 18 green days in the last 30 years, UMA has posted a 60% success rate in terms of positive price movement, thus reinforcing its credibility.

UMA stands out in the DeFi space because of its utility. Its protocol allows users to easily create synthetic assets and financial contracts. As decentralized finance continues to grow, this functionality becomes even more valuable. Running on the Ethereum blockchain, UMA provides permissionless access to its financial tools, making them accessible to users around the world and driving adoption.

How UMA’s Optimistic Oracle Secures Prediction Markets 🧵 📝

The Optimistic Oracle plays a crucial role in securing and resolving prediction markets, such as @Polymarché.

Decentralized prediction markets face difficult problems of obtaining the results of real-world events on-chain… pic.twitter.com/0R5M5kYQk1

– UMA 🥚 (@UMAprotocol) September 26, 2024

Looking ahead, UMA’s long-term performance is impressive. It is currently trading 68.22% above its 200-day simple moving average, showing steady growth. Its price has surged 113% over the past year, surpassing 62% of the top 100 crypto assets. With its unique protocol, growing adoption, and strong market traction, UMA is quickly becoming a key player in the DeFi space.

5. Batteries (STX)

Stacks (STX), a cryptocurrency connected to the Bitcoin system, saw its price increase by 7.36% in the last 24 hours, bringing its value to $1.77. With a market capitalization of over $2.6 billion, STX is now among the top 35 cryptocurrencies by market capitalization. However, trading volume decreased slightly, by 4.04%, with a 24-hour volume of $177.16 million.

Altcoin crypto analyst Sherpa has given a positive outlook for STX. The chart shows a consolidation pattern, suggesting that the asset is in an accumulation phase. This is when buyers consolidate their positions, waiting for a breakout. The accumulation range between $1.25 and $1.60 could serve as a basis for future price increases.

Volume data shows stable trading activity, although there was a slight decline, indicating that the market could expect stronger moves. The visible range of volume profile (VRVP) highlights significant buying interest in the $1.25 to $1.60 range, further supporting the idea of ​​an accumulation phase.

sBTC will mark a new era for Bitcoin decentralized finance 🟧

It will unlock innovative DeFi use cases such as BTC lending, trading, and yield.

Find out what Bitcoin DeFi builders are saying about the impact of sBTC on the Bitcoin economy. 🧵⬇️ 1/6 pic.twitter.com/5nc3jYD8Fr

– stacks.btc (@Stacks) October 2, 2024

Additionally, the Stacks community is gearing up for the Nakamoto upgrade on October 19. This update will improve Bitcoin’s decentralized finance (DeFi) capabilities, including the launch of a Bitcoin-related token called SBDC and faster transaction speeds. The growing number of smart contracts on Stacks also signals growing interest in Bitcoin-based DeFi.

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