Next Cryptocurrency to Explode Monday, July 15 — Conflux, VeChain, Maple, Andy
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The
altcoin
market
looks
bullish
as
some
coins
try
to
bounce
back.
Investors
need
to
stay
alert
during
this
consolidation
phase,
as
it
could
be
a
chance
to
ride
a
rising
trend.
Institutional
investors
are
now
paying
more
attention
to
interoperability
and
tokenizing
real-world
assets.
Prices
of
these
assets
are
climbing,
even
before
the
market
takes
off
entirely.
The
objective
is
to
identify
the
next
cryptocurrencies
to
explode
and
inform
investors
and
traders
about
each
token.
Next
Cryptocurrency
To
Explode
Attention
in
the
crypto
market
in
the
coming
month
will
go
toward
the
altcoin
and
meme
coin
sectors
and
making
the
most
of
the
altcoin
market.
Hence,
investors
can
capitalize
on
the
moment
and
take
a
position
in
upcoming
tokens
like
PlayDoge.
PlayDoge
is
a
new
Doge
meme
coin
that
uses
play-to-earn
technology
to
create
a
gaming
economy
with
real
monetizable
value.
This
post
covers
the
details
of
its
presale.
1.
Conflux
(CFX)
Conflux
Network
(CFX)
is
a
fast
layer-one
blockchain
that
uses
both
proof-of-work
and
proof-of-stake
mechanisms.
Based
in
China,
it
complies
with
local
laws
and
is
often
called
the
“Chinese
Ethereum.”
The
CFX
token
serves
multiple
purposes,
such
as
a
store
of
value
and
for
governance.
Additionally,
staking
CFX
tokens
can
generate
passive
income
by
earning
more
CFX
tokens.
Recently,
Conflux’s
price
has
been
rising
alongside
Bitcoin’s
return
to
the
$60K
mark.
However,
sellers
are
now
active
and
attempting
to
halt
further
price
increases
soon.
Despite
this,
the
recent
introduction
of
a
spot
Ethereum
ETF
may
positively
impact
Chinese
crypto
tokens,
potentially
leading
to
a
significant
increase
in
the
CFX
price
soon.
Analyzing
the
daily
price
chart
of
Conflux,
we
see
that
the
bulls
and
bears
are
fighting
a
tough
battle.
The
price
faces
a
minor
upward
correction
toward
$0.17.
The
24-hour
trading
volume
has
surged
to
$36.4
million,
indicating
increased
trading
activity
today.
Currently,
CFX
is
trading
at
$0.1624,
up
by
over
7%
in
the
last
24
hours.
Marion
Laboure,
a
researcher
at
Deutsche
Bank,
believes
Bitcoin
could
become
a
modern-day
equivalent
of
gold.
Conflux
Network
is
the
only
blockchain
in
China
that
meets
regulatory
standards.
This
makes
it
a
likely
choice
for
Chinese
investors
who
prefer
buying
CFX
tokens
over
Bitcoin.
Moreover,
Conflux
Network
is
committed
to
educating
Chinese
artists
on
using
its
platform
for
NFTs
throughout
2024.
They
are
also
promoting
existing
projects
on
the
network,
such
as
ConFi’s
Friends
and
the
MEI
PROJECT
sneakers,
which
have
successfully
introduced
NFT-themed
products.
This
initiative
might
increase
the
demand
for
CFX
tokens
in
the
Chinese
market.
2.
VeChain
(VET)
VET,
the
native
cryptocurrency
of
the
VeChain
platform,
has
risen
by
about
30%
in
the
past
week,
based
on
data
from
CoinMarketCap.
This
increase
comes
after
a
recent
price
drop
and
includes
a
7.46%
rise
in
the
past
24
hours,
with
its
market
cap
growing
by
the
same
amount
during
this
time.
VET’s
rebound
comes
after
a
four-month
bearish
trend
that
saw
the
cryptocurrency
fall
from
a
yearly
high
of
$0.05500
on
February
24
to
$0.02016,
a
63.26%
drop.
This
decline
pushed
VET
below
several
support
levels,
setting
a
new
low
price
for
2024.
The
drop
to
$0.02016
was
the
lowest
level
since
November
2023.
VET’s
recovery
started
on
July
5,
when
the
VeChain
network’s
crypto
formed
a
classic
downtrend
rejection
candle
on
the
daily
chart.
The
token’s
price
continued
to
rise,
closing
higher
than
its
opening
value
for
seven
consecutive
days.
A
new
decentralized
application
(DApp)
called
FUEGO
launched
on
the
VeChain
network
on
July
14.
FUEGO
lets
users
burn
VTHO
and
receive
B3TR
tokens
in
exchange.
The
creators
of
FUEGO
stated
that
it
would
enable
users
to
support
the
VeChain
network’s
sustainability
and
research
efforts.
FUEGO’s
incentive
model
could
attract
more
users
to
the
VeChain
ecosystem,
boosting
the
adoption
of
the
parent
project
and
contributing
to
VET’s
upward
price
momentum.
????
Exciting
News!
Introducing
FUEGO,
an
innovative
dApp
on
Vechain!
Burn
your
VTHO
and
earn
B3TR
tokens
while
contributing
to
sustainability
and
research
initiatives.
Let’s
dive
in!—
Fuego
(@fuego_vet)
July
14,
2024
This
recent
surge
indicates
improved
sentiment
and
a
potential
bullish
reversal.
Along
with
the
price
increase
in
recent
sessions,
interesting
developments
in
on-chain
metrics
have
supported
the
bulls’
comeback.
3.
PlayDoge
(PLAY)
Play-to-earn
(P2E)
meme
coin
PlayDoge
($PLAY)
has
defied
the
market
downturn,
raising
over
$5.6
million
in
its
presale.
This
coin,
featuring
an
8-bit
Dogecoin
Shiba
Inu
pup
as
its
mascot,
aims
to
lead
the
sector
that
started
this
year’s
bull
run.
However,
PlayDoge
is
not
just
another
meme
coin.
It
introduces
a
new
game
economy
inspired
by
the
popular
1990s
Tamagotchi
digital
toy.
The
ecosystem’s
core
is
its
native
token,
$PLAY,
which
offers
various
in-game
and
market
utilities.
Currently
priced
at
$0.00517,
the
value
of
one
$PLAY
will
increase
to
$0.00518
in
less
than
a
day
as
it
enters
the
next
presale
stage.
PlayDoge
stands
out
by
incorporating
P2E
elements.
Inspired
by
the
classic
Tamagotchi
game,
players
can
care
for
virtual
Shiba
Inu
dogs
in
an
8-bit
world,
earning
$PLAY
tokens
as
rewards.
Instead
of
just
holding
meme
coins,
crypto
enthusiasts
can
now
interact
with
their
favorite
dog
breeds
in
a
personal
way.
Players
earn
$PLAY
tokens
through
diligent
care
and
winning
mini-games.
Those
who
actively
care
for
their
virtual
pets
can
also
climb
the
game’s
leaderboard
for
additional
rewards.
Moreover,
PlayDoge
is
multichain,
allowing
transfers
between
BNB
and
Ethereum.
Beyond
gaming,
PlayDoge
has
the
potential
to
attract
a
diverse
group
of
investors,
including
women
drawn
to
its
nostalgic
appeal
reminiscent
of
Tamagotchi’s
popularity
among
girls.
Thanks
to
gaming
fun
and
meme
appeal,
$PLAY
is
set
to
lead
the
next
market
surge.
Act
quickly
to
buy
your
tokens
and
join
the
smart
money
flowing
into
this
project,
potentially
pushing
the
market
to
new
heights.
4.
Maple
(MPL)
The
MPL
price
is
$15.50
today,
up
over
24%
in
the
last
24
hours.
The
trading
volume
has
also
surged
by
153.91%,
reaching
$436,866,201.
Maple
Finance
is
trading
66.58%
above
the
200-day
SMA
of
$9.22.
The
price
prediction
sentiment
remains
bullish,
with
the
Fear
&
Greed
Index
at
52
(neutral),
suggesting
the
token
may
trade
sideways.
In
other
news,
Zodia
Custody,
co-owned
by
Standard
Chartered,
has
announced
a
strategic
partnership
with
Maple
Finance.
According
to
a
press
release,
Maple
Finance
will
use
Zodia
Custody
as
its
main
custodian
for
global
lending
agreements.
This
partnership
represents
a
significant
step
in
merging
traditional
finance
with
decentralized
finance.
The
partnership
will
go
live
by
early
Q3
this
year,
with
both
companies
optimistic
about
the
potential
benefits.
Maple
Finance’s
pledged
collateral
will
be
securely
held
by
Zodia
Custody,
allowing
customers
to
access
the
value
of
their
digital
assets
within
the
Zodia
ecosystem.
We’re
excited
to
announce
a
strategic
partnership
with
@ZodiaCustody,
a
leading
institution-first
digital
asset
custodian
to
further
progress
Maple’s
goal
to
be
the
home
of
digital
asset
lending
and
borrowing
in
the
space.➡️
Read
more
here:
https://t.co/ov2KpyMwEX—
Maple
(@maplefinance)
July
9,
2024
Maple
Finance
aims
to
use
Zodia
Custody’s
infrastructure
to
improve
the
security
and
reliability
of
its
lending
service.
This
collaboration
will
also
allow
Zodia
Custody
wallets
to
support
the
Maple
token,
meeting
the
demand
for
optimizing
profits
in
non-traditional
value
repositories.
With
its
strong
fundamentals
and
a
dedicated
crypto
community,
MPL
has
significant
growth
potential.
If
Maple
Finance
announces
further
collaborations,
the
MPL
Coin’s
maximum
price
could
exceed
$20.
5.
eCash
(XEC)
eCash
(XEC),
previously
known
as
BCHA,
is
a
cryptocurrency
created
from
a
fork
of
Bitcoin
Cash
(BCH)
by
the
Bitcoin
ABC
team.
Using
the
Avalanche
consensus
protocol,
eCash
provides
better
security
and
almost
instant
transaction
confirmations.
The
rebranding
introduced
a
new
name
and
display
format
but
kept
the
main
functions
of
the
cryptocurrency
intact.
With
the
Avalanche
protocol,
eCash
greatly
enhances
blockchain
security
and
ensures
quick
transaction
confirmations.
This
protocol
also
supports
easy
future
network
upgrades,
making
eCash
adaptable
and
future-ready.
Additionally,
eCash
allows
staking,
enabling
users
to
take
part
in
network
consensus
and
earn
rewards.
The
platform
also
lets
businesses
and
developers
create
custom
tokens,
called
eTokens,
for
various
applications.
Currently,
eCash
is
trading
at
$0.0.00003464,
showing
an
11.09%
increase
over
the
past
24
hours.
In
addition
to
a
16.02%
increase
over
the
last
week,
it
has
maintained
an
overall
positive
trend,
with
20
out
of
the
previous
30
trading
days
being
positive.
Since
its
launch,
eCash
has
risen
by
over
16%,
outperforming
many
leading
cryptocurrencies.
With
Pre-Consensus,
$XEC
txs
will
be
finalized
before
they’re
included
in
a
block,
cutting
the
transaction
settlement
time
from
10
mins
to
a
few
seconds.
This
means
super
secure
instant
transactions
and
no
more
waiting
for
exchange
deposits!
????⚡ℹ️
https://t.co/YNI28BS2SU
https://t.co/2eCkMSy0k1
pic.twitter.com/LyrZV7nalF—
eCash
(@eCashOfficial)
July
15,
2024
Looking
ahead
to
2025,
some
analysts
predict
a
bullish
market
driven
by
favorable
regulatory
and
technology
trends.
Additionally,
easing
inflation
and
launching
Ethereum
ETFs
may
boost
cryptocurrency
adoption,
positively
affecting
eCash.
If
the
market
remains
bullish,
the
average
price
of
eCash
could
reach
around
$1.15
next
year,
with
a
potential
high
of
$1.50.
Read
More
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