The next cryptocurrency will explode on Wednesday, December 13: Bitcoin ETF Token, Osmosis, Cosmos

The global cryptocurrency market has seen a slowdown, with a 2.16% decline in its market capitalization, which currently stands at $1.54 trillion. In the last 24 hours, the total market volume fell by 13.17% to $70.82 billion. The decentralized finance sector contributed $7.83 billion, representing 11.05% of the 24-hour market volume. Stablecoins, on the other hand, accounted for $63.36 billion, making up a substantial 89.46% of the total volume.

bitcoin dominance has increased slightly to 52.09%, up 0.33% on the day. Despite the recession, traders still express optimism that the next cryptocurrency will explode unhindered.

In a significant move, US authorities seized approximately half a million dollars in digital currency from an account linked to a Chinese individual previously highlighted in a cryptocurrency fraud investigation operating from Southeast Asia. The fraudulent activity targeted victims through a scheme known as “pig butchering,” in which scammers manipulated people they found online, convincing them to invest in fictitious crypto companies.

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The next cryptocurrency to explode

He crypto-linked-southeast-151539548.html”>Campaign by US authorities underscores ongoing efforts to combat fraudulent practices within the cryptocurrency space, with the goal of protecting unsuspecting investors from falling victim to such deceptive schemes.

1. bitcoin ETF Token (BTCETF)

The new BTCETF token emerged to take advantage of the imminent launch of regulated bitcoin ETF products in the United States. In anticipation of likely SEC approval in early 2023, the bitcoin ETF token offers investors a strategic avenue to participate in this thematic trade.

The BTCETF pre-sale has already secured over $3.6 million in funding, attracting investors drawn to its deflationary tokenomics and ETF-linked milestones. The attention it is receiving puts BTCEFT on the path to becoming the next cryptocurrency to explode.

New #Binance launch group $ACE Fusionist airdrop for #BNB and $FDUSD It is now available!

Say $ACE https://t.co/OxCunDciBg

Total rewards: 10,290,000.00
Cultivation period: 5 days/s pic.twitter.com/4Ctc8J69uf

— bitcoin ETF (@BTC_ETFToken) December 12, 2023

At the heart of the bitcoin ETF Token is an ingenious token burning mechanism, which will permanently remove 25% of the total supply of 2.1 billion once the SEC grants initial approval for a spot bitcoin ETF. This deliberate reduction of coins in circulation increases scarcity, incentivizing long-term holding of BTCETF.

Additionally, BTCETF introduces a dynamic trading tax that starts at 5% and gradually decreases by 1% with each milestone reached in the ETF's journey. This rolling tax structure rewards early adopters who maintain their stakes throughout the approval process.

Additionally, bitcoin ETF Token facilitates passive income generation through staking, offering returns that are currently around 90% APY. The BTCETF pre-sale capitalizes on the excitement surrounding a potential bitcoin spot ETF, allowing buyers to purchase tokens at discounted prices before listing on exchanges.

Capped at almost $5 million, the pre-sale takes place in ten stages, with each round making 84 million BTCETF available at progressively increasing prices. As pre-selling gains momentum ahead of an anticipated transformation in crypto markets, the bitcoin ETF token presents a timely opportunity to gain exposure to this fundamental theme.

Visit bitcoin ETF Token.

2. Osmosis (OSMO)

Osmosis (OSMO) is also one of the crypto assets that has seen a notable rise in the past week. It obtained a 35.13% increase in its price. In the last 24 hours, the cost of OSMO increased by 8.66%, although recent fluctuations saw a small decrease of 0.73% in the last hour, settling at $1.02 per OSMO. Despite this recent rally, Osmosis is still 90.94% below its all-time high of $11.21. However, recent gains make it the next cryptocurrency to explode.

While making its strides, Osmosis also attracted attention on social media platforms, attracting discussions from 97 unique people and earning it the 217th spot in terms of mentions and activity. Despite the rumors, sentiments around Osmosis have been relatively lukewarm, with an average sentiment score of 0.1 out of 5 over the past 24 hours. However, the project's growing newsworthiness has become evident in recent discussions.

When analyzing social media sentiment, approximately 23.76% of tweets expressed bullish opinions on Osmosis, slightly outperforming the 22.77% of tweets reflecting bearish sentiment.

Osmosis, identified as a decentralized exchange (DEX) designed for the Cosmos ecosystem, operates on the Inter-Blockchain Communication (IBC) Protocol. This platform stands out for supporting non-IBC assets from the ethereum and Polkadot ecosystems. By offering extensive functionalities, including lending, credit, margin, fiat onramps, NFTs, and stablecoins, Osmosis aims to combine the features of centralized exchanges with the trust minimization feature of decentralized finance.

The platform's unique model allows for customizable liquidity pools, allowing liquidity providers to contribute to collections with multiple tokens and unequal ratios, thereby adjusting parameters such as slippage and transaction fees. Osmosis also introduces innovative features such as Superfluid Staking, which improves proof-of-stake security, and strategies to reduce miners extractable value (MEV) through encrypted transaction mempools.

What do you think this is? pic.twitter.com/M3SiA01R0Y

– Osmosis laboratories (@osmolabs) December 12, 2023

Osmosis operates the OSMO governance token, allowing holders to participate in strategic decisions related to the management of the liquidity pool by encouraging long-term liquidity provision.

The platform's vision revolves around building a native cross-chain DEX and trading suite that interconnects multiple chains via IBC, extending its reach to major blockchains like ethereum and bitcoin. Through its innovative approach to DEX functionalities, Osmosis strives to set new standards within the decentralized finance landscape.

3. Cosmos (ATOM)

Cosmos (ATOM) follows just after Osmosis on today's CoinMarketCap earnings chart. Its price has remained stuck around the psychological threshold of $10 for about five weeks, with no clear directional bias. However, recent insights from the latest weekly candle close, momentum indicators, and overall market sentiment suggest an imminent rally for ATOM investors.

Since November, Cosmos price has struggled with the weekly resistance level of $10.08, facing rejection on three occasions. However, the most recent weekly candle concluded decisively above this level, despite ATOM's decline along with bitcoin's recent slide. Currently, ATOM is retesting the $10.08 mark on the weekly period.

As mentioned above, a crucial turning point lies in Cosmos price defending this level and securing a weekly candle close above it, signifying bullish development. This optimism finds reinforcement in the Relative Strength Index (RSI) and Awesome Oscillator (AO) indicators, both positioned above their respective average levels on the weekly scale.

@name is reaching the #interchain

Cross-chain privacy is on the horizon: Namada revolutionizes the blockchain privacy landscape by addressing privacy fragmentation.

Namada architecture harnesses the power of #IBC to establish unified and interoperable privacy! pic.twitter.com/qM3aNLY1wa

– Cosmos – The intermediate chain (@cosmos) December 12, 2023

Consequently, if Cosmos successfully retests and holds above $10.08, a significant rise in its price is expected towards the next fundamental weekly barrier of $15.12, sitting exactly 50% higher.

In an intensely bullish scenario, Cosmos price could extend its bullish momentum to challenge the $21.68 hurdle again, marking a massive 116% surge from the initial 50% gain. The token will maintain its place as the next cryptocurrency to explode.

4. Fetch.ai (FET)

Fetch.ai is equally attracting attention in the cryptocurrency market today. It is on the rise and is currently selling for $0.58. Despite the slight downward shift today, FET is among the few tokens that save the day, thus being the next cryptocurrency to explode.

Fetch.ai (FET) is at the forefront of innovation and offers an open source ecosystem aimed at powering peer-to-peer (P2P) applications by merging advanced automation and artificial intelligence (ai) capabilities.

The network fuses ai and blockchain technologies at its core, creating open source tools that seamlessly interact with its interoperable decentralized network. This integration heralds a new era in which users can harness the power of ai and automation to perform complex tasks within the digital economy, challenging the dominance of major players that monopolize data acquisition.

Central to Fetch.ai's mission is the development of autonomous economic agents (AEAs): intelligent software entities designed to execute actions, make informed decisions, and actively engage in economic activities on behalf of users.

Immerse yourself in the world of ai agents with us!

These are not ordinary software programs. They are autonomously intelligent and can transform our interactions with technology.

Let's reveal its magic in the #AIRevolution! pic.twitter.com/M0DCZDpPH7

– Fetch.ai (@Fetch_ai) December 12, 2023

The platform designs these software entities and implements cutting-edge artificial intelligence and machine language (ML) algorithms to analyze data, learn from experiences, and continually refine decision-making processes.

This pioneering approach opens up many possibilities in various sectors, including supply chain optimization, decentralized finance (DeFi), and the Internet of Things (IoT). By seamlessly combining ai capabilities with decentralized networks, Fetch.ai is poised to redefine the way businesses and individuals interact within the digital landscape, paving the way for greater efficiency and innovation.

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The next cryptocurrency will explode in 2023

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