Next Cryptocurrency to Explode Friday, August 9 — Celestia, Sui, QuarkChain, Sei

Although
cryptocurrency
prices
have
been
falling
for
a
while,
the
overall
feeling
in
the
market
remains
positive.
Recently,
Bitcoin
(BTC)
has
been
struggling
to
get
back
to
$70K
and
above,
and
Ethereum
(ETH)
is
striving
to
stabilize
at
$2,700.

However,
identifying
the

next
cryptocurrencies
to
explode

might
take
some
work
as
most
funds
are
attracted
to
pumping
assets.
Today’s
article
explores
the
performance
of
cryptocurrencies
that
have
dominated
the
gainers
list
in
the
last
24
hours.
The
objective
is
to
identify
coins
with
some
potential
and
inform
investors
and
traders
about
each
token. 

Next
Cryptocurrency
To
Explode

Today’s
article
discusses
the
performance
of
potentially
explosive
cryptos
that
investors
should
add
to
their
watchlist.
It
also
includes
a
special
mention
of
Pepe
Unchained,
a
new
Pepe-themed
meme
coin
launched
on
its
Ethereum
Layer
2
blockchain.
Within
minutes,
it
attracted
over
$150,000
in
investments.
The
details
of
its
presale
and
the
performance
of
the
top-performing
cryptos
today
are
shared
below.

1.
Celestia
(TIA)

Celestia
(TIA)
was
on
the
verge
of
succumbing
to
bearish
pressure,
but
the
bulls
recently
took
control,
leading
to
an
impressive
21.91%
recovery
in
the
past
24
hours.
This
brought
the
current
trading
price
up
to
$5.61.
Although
the
bulls
are
pushing
to
raise
the
price
further,
bearish
forces
might
cause
Celestia’s
momentum
to
stall
at
a
critical
point
on
the
charts.

Since
June,
Celestia’s
price
has
been
in
a
consolidation
phase.
It
is
trading
above
the
200-day
EMA,
which
shows
the
bulls
have
maintained
a
steady
hold.
A
bullish
reversal
could
be
seen
in
the
coming
weeks
if
Celestia
can
break
above
these
key
levels.
However,
if
it
fails
to
do
so,
the
price
might
drop
further
before
entering
the
oversold
territory.
The
altcoin’s
Relative
Strength
Index
(RSI)
is
at
38.41,
close
to
the
oversold
region,
suggesting
a
potential
short-term
bounce.

According
to
online
data,
Celestia’s
Open
Interest
(OI)
has
increased
by
over
30.43%
in
the
last
24
hours.
This
rise
in
OI
and
the
recent
price
increase
indicate
that
market
participants
are
buying
TIA,
which
is
a
positive
sign
for
the
asset.
Additionally,
data
from
CoinMarketCap
shows
that
TIA’s
daily
trading
volume
has
jumped
by
64.89%,
reflecting
heightened
trading
activity.
If
this
trend
continues,
the
price
rise
is
likely
to
be
sustained.

Celestia’s
first
upgrade,
Lemongrass,
is
coming.
????

Developed
and
coordinated
with
the
community,
Lemongrass
includes
1-click
Tia
interactions
with
other
IBC
chains,
Interchain
accounts,
and
a
new
upgrade
mechanism.

pic.twitter.com/Lu6f3vWeU9

—
Celestia
(@CelestiaOrg)

August
8,
2024

Celestia’s
price
trend
appears
neutral,
with
the
potential
for
a
short-term
bounce.
Short-term
traders
might
find
breakout
opportunities,
while
long-term
traders
should
wait
for
a
more
definitive
trend
reversal
above
the
50-day
EMA.

2.
Sui
(SUI)

Over
the
past
24
hours,
Sui
(SUI)
has
seen
its
price
rise
by
30.20%,
reaching
$0.8424.
This
increase
follows
a
positive
trend
over
the
past
week,
where
the
coin
gained
25.52%
despite
a
generally
bearish
market.
During
this
period,
SUI
moved
from
$0.69
to
its
current
price.
However,
it
is
still
far
from
its
all-time
high
of
$2.17.

In
addition,
the
trading
volume
for
SUI
has
surged
by
51.57%
over
the
past
day.
The
overall
circulating
supply
has
slightly
increased
by
0.01%
to
approximately
2.60
billion,
representing
25.96%
of
its
maximum
supply
of
10
billion
coins.
Currently,
SUI
ranks
#33
in
market
cap,
with
a
valuation
of
$2.19
billion.

Sui
is
a
promising
Layer
1
blockchain
platform
that
has
attracted
attention
for
its
efficient
and
secure
digital
asset
management.
Known
for
its
scalable
solutions,
Sui
boasts
a
high
Total
Value
Locked
(TVL),
indicating
strong
performance.
As
of
press
time,
Sui
is
priced
at
$0.8424,
with
a
market
dominance
of
0.08%. 

????BREAKING
NEWS:

@Grayscale
launches
a
new
SUI
fund!

World-renowned
institutions
are
diving
into
Sui!
Cutting-edge
tech,
unmatched
utility,
and
its
builders
creating
the
internet
of
the
future.

Huge
kudos
to
Grayscale
for
moving
on
SUI!

by

@TheBlock__

https://t.co/YbtGIojLLH

—
Sui
(@SuiNetwork)

August
7,
2024

On
March
27,
2024,
Sui
reached
its
all-time
high
of
$2.18,
while
its
all-time
low
was
$0.363977
on
October
19,
2023.
Since
reaching
its
all-time
high,
the
lowest
price
observed
was
$0.58554
(cycle
low),
and
the
highest
was
$0.765548
(cycle
high).

The
current
sentiment
for
Sui
is
bullish,
supported
by
a
neutral
Fear
&
Greed
Index
score
of
48.
The
yearly
supply
inflation
rate
stands
at
266.18%,
showing
a
significant
increase
in
supply.
Moreover,
the
Relative
Strength
Index
(RSI)
indicates
a
sharp
uptrend
from
the
oversold
range
to
its
midpoint,
reflecting
increased
buying
pressure.
The
average
shows
a
bullish
convergence,
suggesting
that
Sui’s
price
may
continue
to
rise
this
week.

3.
Pepe
Unchained
(PEPU)

Pepe
Unchained
($PEPU)

has
quickly
gained
attention
in
the
crypto
world,
raising
over
$7.83
million
in
presale
funds.
It
is
on
track
to
reach
$8
million
before
the
close
of
the
week.
This
new
meme
coin
has
made
a
strong
impression,
pulling
in
substantial
funds
just
a
month
after
its
presale
launch.

$PEPU
stands
out
for
two
reasons:
it’s
the
first
meme
coin
Layer
2
on
Ethereum,
and
this
Layer
2
solution
will
make
owning
a
Pepe
cheaper
and
faster.
Once
the
presale
ends,
investors
will
see
the
game-changing
potential
of
Pepe
Unchained’s
Layer
2
technology
in
action.

Pepe
Unchained
is
set
to
revolutionize
the
market
with
its
Layer
2
solution,
operating
as
its
blockchain
with
a
unique
consensus
mechanism
and
blockchain
explorer.
This
new
chain
is
designed
to
lower
costs
and
speed
up
transactions,
offering
a
volume
capacity
100
times
greater
than
Ethereum’s.
Adopting
the
Layer
2
approach
is
crucial
for
Pepe
to
achieve
transactional
efficiency,
especially
since
the
high
gas
prices
on
Ethereum
were
a
significant
issue
earlier
this
year.

Pepe
is
gearing
up
to
surf
his
own
Layer
2
blockchain
–
the
first
of
its
kind!
????????

pic.twitter.com/T41V8wNDBh

—
Pepe
Unchained
(@pepe_unchained)

August
8,
2024

For
those
interested
in
supporting
the
project,


$PEPU

is
currently
available
for
$0.0089461.
However,
this
price
will
soon
increase
to
$0.00898190
as
the
presale
moves
into
its
next
round
in
less
than
5
hours.
Several
indicators
point
to
PEPU’s
potential
as
one
of
the
upcoming
cryptocurrencies
to
explode.
Once
you
purchase
your
tokens,
you
can
immediately
stake
them
and
earn
passive
income
with
an
impressive
annual
percentage
yield
(APY)
of
256%.

Visit
the
PEPU
Presale

4.
QuarkChain
(QKC)

On
July
28,
the
QKC
token
saw
its
price
rise
from
$0.008
to
$0.014,
and
since
then,
it
has
gained
over
24%.
As
of
today,
August
9,
QKC
is
trading
at
$0.01103,
marking
an
impressive
70%
increase
in
just
24
hours.
The
token’s
market
capitalization
now
stands
at
$77.45
million.

QuarkChain
is
focused
on
addressing
some
of
the
major
challenges
older
blockchains
face.
While
Bitcoin
and
Ethereum
have
successfully
achieved
decentralization,
they
have
struggled
with
scalability
and
flexibility.
On
the
other
hand,
projects
like
XRP
and
USDT
offer
high
scalability
but
are
centralized,
which
doesn’t
align
with
the
ideal
vision
of
the
crypto
world.
QuarkChain
aims
to
bridge
this
gap
by
solving
these
issues.

QuarkChain
aims
to
achieve
a
staggering
100,000
transactions
per
second,
making
it
one
of
the
most
scalable
blockchains
available.
It
is
already
processing
around
55,000
transactions
per
second,
which
is
a
significant
improvement
over
older
networks.
QuarkChain’s
two-layer
system
allows
anyone
to
mine
its
tokens,
whether
experienced
or
just
starting,
regardless
of
your
mining
equipment.
Additionally,
it
will
enable
users
to
mine
in
either
the
root
chain
or
a
shard,
adding
further
flexibility.

Looking
at
current
data,
QuarkChain
and
its
market
environment
have
shown
a
bullish
trend
over
the
past
12
months.
By
2025,
QKC’s
price
could
range
between
$0.0099
and
$0.0159.
If
it
reaches
the
higher
end
of
this
range,
it
could
experience
a
boost
of
up
to
59.31%
from
its
current
value.

5.
Sei
(SEI)

The
crypto
market
has
been
under
pressure
lately,
and
Sei’s
price
dropped
by
1.14%
over
the
past
week.
Despite
this
decline,
the
trading
volume
surged
by
210%,
indicating
increased
market
activity.
However,
the
situation
is
improving
for
the
altcoin
market,
with
SEI
recording
gains
of
over
15.5%
in
the
last
24
hours.
Additionally,
daily
trading
volume
saw
a
significant
increase
of
about
83.72%,
reaching
approximately
$126
million.

A
key
feature
of
Sei
V2
is
its
enhanced
compatibility
with
other
blockchains,
allowing
for
seamless
integration
and
interoperability.
This
is
particularly
important
as
the
blockchain
world
becomes
more
interconnected,
with
users
wanting
the
ability
to
move
assets
and
data
across
different
platforms
easily.
Sei
V2’s
improved
EVM
compatibility
allows
developers
to
easily
transfer
their
decentralized
applications
(dApps)
from
Ethereum
to
other
compatible
blockchains,
broadening
their
reach
and
potential
user
base.

These
days,
anyone
can
build
a
blockchain.

What
sets
you
apart
is
the
relentless
pursuit
of
excellence
and
the
power
of
a
community
like
Sei’s.

Seiyan
mode
activated
????????

pic.twitter.com/PJyLfQSK35

—
Sei
????????
(@SeiNetwork)

August
8,
2024

Sei
V2
also
introduces
new
tools
for
developers,
including
advanced
debugging
options
and
more
efficient
smart
contract
execution.
These
tools
are
designed
to
simplify
the
development
process,
reduce
errors,
and
improve
the
overall
quality
of
dApps.
This
allows
developers
to
bring
their
innovative
ideas
to
market
faster
and
more
confidently.

Meanwhile,
Sei
Network
has
partnered
with
AIOZ
Network
to
enhance
its
decentralized
infrastructure
solutions,
aiming
to
provide
seamless
infrastructure-as-a-service
options.
This
partnership
is
set
to
simplify
the
development
and
deployment
of
decentralized
applications,
marking
a
significant
step
forward
for
the
Sei
ecosystem.
With
solid
fundamentals
and
partnerships,
SEI
could
be
the
next
crypto
to
explode. 

Read
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