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Getting a significant ROI 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 to pumping assets.
Today's article explores the performance of the cryptocurrencies that have dominated the winners list in the last 24 hours. The objective is to identify the next cryptocurrencies to explode and inform investors and traders about each token. Also included in the post is an overview of the market trend of cryptoassets, which have the potential to post significant gains in the future.
The next cryptocurrency to explode
Experts suggest that investors are more likely to discover the next hot crypto among upcoming projects. With this in mind, you should consider the potential of the new pre-sale coin, Flockerz (FLOCK). FLOCK is a new meme coin that offers a unique rewards system for voting to win, fosters strong community connections, and provides attractive staking benefits. The Flockerz team has already raised $700,000. More details about the project and its future prospects are shared below.
1. bitcoin Cash (BCH)
bitcoin Cash (BCH) has taken an important step towards securing its place in the blockchain ecosystem. Recently, developer Jason Dreyzehner announced via x that the long-awaited May 2025 update is now available on the mainnet.
This update introduces two key features: the Directed VM Limits CHIP and the BigInt CHIP for high-precision arithmetic. These improvements increase the contractual capabilities of bitcoin Cash while improving the security and overall performance of the network. The update includes new tools and a cross-deployment benchmarking technique that periodically checks node performance. This ensures that BCH nodes remain efficient as the network evolves.
Unlike ethereum, bitcoin Cash now supports more complex operations at lower costs, while maintaining security and compatibility even on affordable hardware. BCH strengthens its position in the race for blockchain leadership by optimizing the network for various use cases.
Following these advances, the performance of the bitcoin Cash market has been promising. The token has gained 16.97% in the last 24 hours and 18.17% over the last week, and its price reached $517.53. This marks seven consecutive days of growth, reflecting cautious optimism among investors.
While the update has sparked interest, many are waiting to see its full impact before delving deeper. However, bitcoin Cash's continued innovation positions it as a strong competitor in the blockchain space.
2. Digibytes (DGB)
DigiByte (DGB) is an open source blockchain and asset creation platform with a long-standing presence in the crypto space. Launched in January 2014 as a fork of bitcoin (btc), DigiByte aims to improve the security, capacity and speed of blockchain transactions. Its unique approach uses five algorithms to improve security and ensure a robust network.
DGB has recently shown significant price movement. At the time of writing, its price was $0.01078, which is an increase of 17.44% in the last 24 hours. During the same period, its market capitalization increased by more than 17% to $187.13 million. Trading volume also saw a notable increase of 1,120.86%, reaching $142.70 million. DGB is trading 13.69% above its 200-day SMA of $0.009481, highlighting its strong liquidity and market performance.
Sentiment around DGB remains bullish, supported by a score of 82 on the Fear & Greed Index, which indicates extreme greed. This suggests growing investor confidence and optimism about a possible bullish trend for the token.
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We are excited about <a target="_blank" href="https://twitter.com/DigiByteCoin?ref_src=twsrc%5Etfw”>@DigiByteCoin be a media partner of the 2024 Boston Institutional Digital Asset Forum, sponsored by <a target="_blank" href="https://twitter.com/TabbFORUM?ref_src=twsrc%5Etfw”>@TabbFORUM! If you are in the <a target="_blank" href="https://twitter.com/hashtag/DigiByte?src=hash&ref_src=twsrc%5Etfw”>#DigiByte community and want to attend, use discount code DGBA to save on tickets.
Date: Tuesday, December 3, 2024…
– DigiByte Alliance (@DGBAlliance) <a target="_blank" href="https://twitter.com/DGBAlliance/status/1859362477928013854?ref_src=twsrc%5Etfw”>November 20, 2024
DigiByte's strong fundamentals give it the potential for greater success. If the project secures collaborations with other networks, the price of DGB could reach $3.52 by 2025. Assuming the current bullish market trend continues, analysts anticipate an average price of $0.19 for DGB by the end of 2024. .
3. Flockerz
Flockerz ($FLOCK) has gained impressive momentum, surpassing $2 million in funding and recently adding another 10% to bring its total to over $2.6 million. This new meme coin is making waves by introducing a new governance approach, empowering its community to take charge of the direction of the project. This community-driven strategy is a key reason why Flockerz is gaining attention as a potential tenfold investment opportunity.
What sets Flockerz apart is its innovative Vote-to-Earn (V2E) model, the first of its kind in the meme coin space. This mechanism gives the community direct control over decision-making while rewarding them for their participation. This forward-thinking approach has earned Flockerz the nickname “The People's Meme Coin.” Influential voices in the crypto space, such as ClayBro, have highlighted its potential for 20x returns, especially during the current meme coin rally.
As the first to adopt the V2E model, Flockerz could set new standards for transparency and community participation in the meme coin sector. If successful, it could pave the way for other projects to follow suit, benefiting the industry. Some even see Flockerz positioning itself as a pioneer, just like $DOGE did in its early days.
Investors can purchase $FLOCK tokens for $0.0060772, but this price will increase in just two days. So far, retail investors have contributed $2,651,250.93, indicating growing confidence in Flockerz's ability to reshape the meme coin landscape. To join this movement before it reaches the $3 million milestone, investors can visit the project's official website, connect their wallets, and purchase $FLOCK using eth, BNB, USDT, or even a bank card.
Visit the Flockerz pre-sale
4. Polymesh (POLYX)
Polymesh (POLYX) is up almost 10% in the last 24 hours, driven by strong buying activity that boosted its trading volume by an impressive 162.66%. This momentum has put POLYX among the biggest gainers at the start of the week, marking a strong finish to Uptober, one of the biggest months for cryptocurrencies in 2024. Many analysts were expecting this price surge.
Polymesh is a blockchain designed for regulated assets and built to meet institutional-level requirements. It simplifies outdated processes while enabling new financial instruments by addressing governance, identity, compliance, confidentiality and settlement issues within public infrastructure. The POLYX token powers the network, allowing users to place bets, secure transactions, pay fees, and participate in governance.
Increasing buying pressure could help Polymesh break through the $0.3696 resistance level, surpassing equal highs and paving the way towards the psychological barrier of $0.4000. In an optimistic scenario, the price could rise further, reaching $0.4138 and pointing to liquidity above this level.
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Polymesh mainnet has been updated to 7.0!
This major release introduces new features, updates, and performance improvements around:
– Asset ID
– <a target="_blank" href="https://twitter.com/hashtag/Staking?src=hash&ref_src=twsrc%5Etfw”>#Betting
– Keys
– Multisignatures
– Location ID
Check out our blog post for more details!https://t.co/994rQHCtDt
– Polimesh (@PolymeshNetwork) <a target="_blank" href="https://twitter.com/PolymeshNetwork/status/1859248564284629241?ref_src=twsrc%5Etfw”>November 20, 2024
However, a rejection at $0.3696 could cause the price to drop, with possible support at the $0.2323 or $0.2071 Fibonacci retracement levels. In a bearish case, Polymesh could re-enter the consolidation zone below $0.1494 or, in the worst case, test the support floor at $0.1003.
Polymesh's current trajectory reflects its growth potential and future challenges, making it a project to watch in the coming days.
5. Bitget Token (BGB)
Bitget Token (BGB) has been steadily gaining attention within the crypto community, especially as the market goes through challenging conditions. As a native Bitget Exchange token, BGB offers benefits such as reduced trading fees, access to premium features, and participation in platform governance. These utilities make it a valuable asset, even during downtrends.
In the last 24 hours, BGB saw a modest 2.77% price increase, trading between $1.33 and $1.40. At the time of writing, its price was $1.39, with trading volume decreasing by 51.42% to $36.91 million. This gradual upward trend highlights its resilience amid market fluctuations.
The growing popularity of decentralized finance (DeFi) has strengthened the relevance of utility tokens like BGB. Bitget Exchange continues to expand its global user base, which could sustain demand for its token despite broader market challenges.
crypto analysts maintain a cautiously optimistic outlook for BGB. They point to the exchange's growth and the token's strong utility as factors that could drive significant value over time. Some experts even suggest that BGB has the potential to double its price by the end of the year, provided Bitget maintains its momentum and overcomes current market hurdles.
However, market volatility remains a concern and investors should conduct extensive research before making decisions. Despite the risks, BGB's growing role within the Bitget ecosystem makes it a token worth watching.
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