Next Cryptocurrency to Explode, October 4 — Farcana, FTX Token, SuperVerse, Reef

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Although
cryptocurrency
prices
have
been
falling
for
a
while,
the
overall
feeling
in
the
market
remains
positive.
Recently,
Bitcoin
(BTC)
has
risen
above
$65,000,
and
Ethereum
(ETH)
has
risen
above
$2,600,
providing
some
relief
to
investors.


However,
identifying
the


next
cryptocurrencies
to
explode


is
challenging
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
Memebet
Token.
This
new
Telegram-based
betting
platform
allows
users
to
bet
using
meme
coins
for
the
first
time,
generating
excitement
among
crypto
enthusiasts.
The
details
of
its
presale
and
the
performance
of
the
top-performing
cryptos
today
are
shared
below.


1.
Farcana
(FAR)


Farcana
is
a
free-to-play,
third-person
arena
shooter
built
on
Unreal
Engine
5
and
powered
by
a
Web3
economy.
It
is
set
to
launch
on
PC
and
aims
to
be
a
next-generation
esports-focused
game
featuring
in-game
tournaments
fully
integrated
into
its
system.
Farcana
Labs,
the
project’s
scientific
and
engineering
branch,
develops
AI
solutions
and
wearables
to
enhance
the
gaming
experience.
These
tools
also
help
create
comprehensive
data
profiles
for
gamers.

Farcana Price Chart

Farcana Price Chart


Today,
the
price
of
FAR
stands
at
$0.01243,
reflecting
a
significant
rise
of
over
48%
in
the
last
24
hours.
This
increase
also
boosted
its
market
cap
by
48.06%,
while
its
trading
volume
surged
by
an
impressive
88.96%.
Despite
the
Fear
and
Greed
Index
being
at
41,
indicating
fear,
the
overall
sentiment
around
FAR
remains
bullish.
The
token
has
seen
over
16
positive
days
in
the
past
month,
along
with
a
substantial
jump
in
trading
volume,
pointing
to
growing
optimism
about
its
future.


With
strong
fundamentals,
Farcana
has
the
potential
to
achieve
significant
success.
If
it
continues
to
gain
support
from
the
crypto
community
and
secures
partnerships
with
other
networks,
its
price
could
soon
surpass
$0.15.
If
the
current
positive
trend
in
the
crypto
market
holds,
we
expect
the
price
of
FAR
to
average
around
$2.19
by
2025.


2.
FTX
Token
(FTT)


The
cryptocurrency
market
is
buzzing
today
with
the
impressive
rise
of
FTX
Token
(FTT),
the
native
token
of
the
now-defunct
FTX
exchange.
Over
the
past
24
hours,
FTT
has
surged
by
more
than
19%,
and
in
the
last
week,
its
value
has
climbed
over
65%.
This
sharp
rise
is
fueled
by
growing
excitement
around
FTX’s
ongoing
bankruptcy
proceedings.

FTX Token Price Chart

FTX Token Price Chart


There
is
increasing
speculation
that
funds
could
soon
be
distributed
to
FTX
creditors
and
customers,
as
most
creditors
recently
voted
in
favor
of
a
new
reorganization
plan.
All
eyes
are
on
the
upcoming
October
7
hearing,
which
could
be
a
pivotal
moment.
If
the
plan
is
approved,
smaller
claimants
(those
owed
less
than
$50,000)
might
start
receiving
payments
by
the
end
of
2024,
while
larger
creditors
may
have
to
wait
until
2025,
according
to
reports
from
Cointelegraph.


For
FTT
holders,
the
outcome
of
this
hearing
is
critical.
If
the
court
approves
the
plan,
FTT
could
see
continued
growth,
following
recovery
trends
seen
in
other
cryptocurrencies.
On
the
other
hand,
if
there
are
delays
or
rejections,
FTT’s
price
could
drop
quickly.


Currently,
FTT
is
trading
at
$2.37
and
approaching
a
key
resistance
level.
It
is
forming
a
symmetrical
triangle
pattern,
which
often
signals
a
potential
breakout.
If
it
moves
above
$2.44,
further
gains
could
follow,
with
the
next
major
resistance
at
$3.
Some
analysts
even
predict
a
midterm
rally
with
a
target
price
of
$4.00.


3.
Memebet
Token
(MEMEBET)


Despite
the
recent
downturn
in
the
crypto
market,
the



Memebet
($MEMEBET)


token
presale
has
remained
steady,
surpassing
$360,000
in
funding.
This
project
brings
a
fresh
twist
to
meme
coins
by
turning
them
into
wagering
currencies
within
the
growing
GambleFi
space.
Memebet
aims
to
provide
a
useful
utility
for
meme
coins,
which
is
especially
valuable
as
the
market
faces
fluctuations
and
declining
asset
prices.


For
those
looking
to
get
involved,
$MEMEBET
tokens
are
currently
available
at
$0.0256
during
the
presale.
However,
with
the
next
funding
stage
approaching
in
less
than
24
hours,
the
token
price
will
increase
as
new
investors
join
the
project.
Memebet
is
not
just
about
investing
in
meme
coins;
it
offers
a
platform
where
investors
can
use
their
holdings
to
bet
on
various
games,
giving
them
a
chance
to
win
big.


While
popular
meme
coins
like
$DOGE
and
$SHIB
are
accepted,
the
true
key
to
unlocking
all
the
platform’s
benefits
is
through
the
$MEMEBET
token.
Using
$MEMEBET
grants
access
to
airdrop
rewards,
exclusive
degen
bonuses,
and
entry
into
the
upcoming
Memebet
Casino
Lootboxes,
which
offer
real-world
prizes
and
valuable
casino
bonuses.

MEMEBET Tweet

MEMEBET Tweet


To
give
early
adopters
more
opportunities,
Memebet
is
also
running
a
Gleam
giveaway.
Ten
winners
will
receive
$1,000
worth
of
$MEMEBET
tokens.
To
participate,
users
need
to
purchase
$MEMEBET
during
the
presale,
submit
their
wallet
address,
join
the
project’s
social
media
channels
like
X
and
Telegram,
and
submit
their
casino
wallet
address
after
the
casino
launch.



Buy
Memebet
Tokens
Here


4.
Trust
Wallet
Token
(TWT)


Trust
Wallet
Token
(TWT)
is
currently
priced
at
$1.01,
showing
a
1.32%
increase
in
the
last
24
hours.
Over
the
past
year,
TWT
has
risen
by
23%,
and
in
the
past
30
days,
it
has
had
19
“green
days,”
meaning
the
closing
price
was
higher
than
the
opening
on
63%
of
those
days.


TWT
also
has
strong
liquidity,
backed
by
its
market
capitalization.
As
of
October
3,
2024,
technical
analysis
points
to
a
neutral
market
sentiment,
with
21
indicators
suggesting
a
bullish
trend.
However,
the
Fear
&
Greed
Index
is
at
37,
indicating
some
fear
in
the
market.

Trust Wallet Token Price Chart

Trust Wallet Token Price Chart


TWT’s
price
is
expected
to
increase
by
45.41%,
potentially
reaching
$1.42
by
November
2,
2024.
In
the
short
term,
minor
price
fluctuations
are
expected,
ranging
between
$0.98
and
$1.06
from
October
4
to
October
8,
2024.
Despite
this
volatility,
the
overall
outlook
is
cautiously
positive.


Moreover,
TWT
has
significant
potential.
If
the
project
secures
new
partnerships,
the
price
could
rise
above
$1.50.
If
the
current
bullish
trend
continues,
TWT’s
average
price
could
reach
$2
by
the
end
of
the
year.


5.
Reef
(REEF)


Reef
Coin
is
making
waves
as
one
of
the
most
advanced
blockchain
networks
available.
As
the
native
token,
Reef
Coin
is
used
to
pay
fees,
run
validator
nodes
through
staking,
and
nominate
validators
for
the
network.
It
has
strong
backing
from
multiple
venture
capital
firms
and
leading
market
funds,
showing
confidence
in
its
potential.
With
Bitgert’s
upcoming
announcement,
many
are
expecting
tokens
like
Reef
to
see
significant
growth.


Reef
Coin
stands
out
for
being
EVM-compatible,
offering
scalability
and
low
transaction
costs.
It
allows
seamless
migration
of
Ethereum-based
dApps
and
uses
a
Nominated
Proof-of-Stake
(NPoS)
consensus
mechanism
to
ensure
both
security
and
decentralization.

Reef Price Chart

Reef Price Chart


Last
month,
Reef
(REEF)
saw
a
major
rally,
hitting
a
high
of
$0.0048,
its
best
performance
since
March
12.
This
remarkable
670%
rise
from
its
lowest
point
makes
it
one
of
the
top-performing
altcoins.
Currently,
its
market
capitalization
is
over
$137
million.
Interestingly,
this
surge
happened
after
Binance
delisted
the
token,
suggesting
a
possible
short
squeeze.
Most
trading
now
occurs
on
platforms
like
Gate.io
and
WhiteBIT.


Reef
is
currently
trading
at
$0.006017,
a
9.56%
increase
in
the
last
24
hours.
Over
the
past
year,
its
price
has
jumped
by
432%,
outperforming
89%
of
the
top
100
crypto
assets.
Reef
is
also
trading
298.10%
above
its
200-day
simple
moving
average
(SMA)
of
$0.001793,
and
with
19
out
of
the
last
30
days
being
green,
it
shows
a
positive
trend
for
63%
of
the
period.


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