Next Cryptocurrency to Explode, October 11 — Pyth Network, Immutable X, XRP, SXP

The
overall
feeling
in
the
market
is
surprisingly
negative,
and
cryptocurrency
prices
have
been
fluctuating
for
a
while,
including
Bitcoin
(BTC).
BTC
is
struggling
to
stay
above
$60K
after
touching
63K
late
last
month.
Meanwhile,
Ethereum
(ETH)
is
currently
striving
to
stabilize
at
$2,400.

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.
Pyth
Network
(PYTH)

Pyth
Network
(PYTH)
is
showing
signs
of
a
positive
turnaround,
bouncing
back
from
a
key
support
level
of
$5.
A
breakout
pattern
suggests
the
possibility
of
a
rally
backed
by
a
local
trendline.
The
RSI
is
also
rising
from
the
middle
range,
signaling
increasing
momentum.
If
this
recovery
continues,
the
next
target
is
the
200-day
EMA.
According
to
Fibonacci
levels,
the
price
might
reach
$0.50,
with
a
potential
spike
to
$0.67
depending
on
market
conditions.

Recently,
Pyth
Network
has
achieved
the
highest
Total
Transaction
Value
(TTV)
within
the
Oracle
sector,
showing
its
strong
performance.
The
network
has
also
launched
its
EIGEN/USD
price
feed,
now
accessible
across
more
than
75
blockchains.
The
$EIGEN
token,
which
is
tied
to
the
@eigenlayer
protocol
on
Ethereum,
plays
a
key
role
in
enabling
restaking
within
the
network.

Built
by
DeFi
natives,
for
DeFi
natives.@Uniswap
has
selected
Pyth
Network
to
bring
real-time
data
to
their
new
blockchain,
Unichain.

Find
out
what
it
means
for
developers,
degens,
and
all
of
DeFi
⬇️

pic.twitter.com/TNqmX2D6PJ

—
Pyth
Network
????
(@PythNetwork)

October
10,
2024

At
the
moment,
Pyth’s
neutral
momentum,
seen
in
the
RSI
and
Stochastic
indicators,
suggests
the
coin
is
preparing
for
its
next
move.
If
it
gains
momentum,
PYTH
could
rise
by
35%
to
reach
$0.40,
signaling
a
potential
recovery
for
strategic
investors.

Pyth
Network
is
a
vital
player
in
decentralized
finance
(DeFi),
providing
real-time
market
data
to
blockchain
platforms.
This
data
is
critical
for
running
smart
contracts
and
DeFi
applications
smoothly.
Its
decentralized
Oracle
system,
which
delivers
data
directly
from
financial
institutions
and
exchanges,
stands
out.
With
updates
every
300-400
milliseconds,
Pyth
ensures
that
financial
operations
remain
efficient
without
delays.

2.
Sei
(SEI)

Sei
(SEI)
is
currently
trading
between
$0.38
and
$0.50,
sitting
close
to
its
support
level
at
$0.32
after
a
recent
3.5%
rise
in
the
past
week.
Over
the
last
month,
SEI
has
seen
a
strong
49.61%
increase,
showing
good
growth
potential.
The
next
resistance
levels
to
watch
are
$0.56
and
$0.69.
If
SEI
breaks
through
these,
it
could
lead
to
significant
gains,
potentially
pushing
the
price
38%
higher
than
its
current
range.

SEI
has
been
building
momentum
for
287
days,
and
the
altcoin
is
now
showing
signs
of
a
potential
breakout.
It
has
secured
a
position
above
the
0.236
Fibonacci
level,
which
is
a
key
support
point.
Investors
are
eager
to
see
if
SEI
can
break
out
of
its
long
accumulation
phase
and
make
a
strong
move
upward.

The
fact
that
SEI
has
stabilized
above
the
0.236
Fibonacci
retracement
level
is
a
good
sign
that
investors
are
holding
steady.
If
SEI
can
break
this
level,
stronger
upward
movement
may
follow.
SEI
is
also
forming
a
bullish
flag
pattern,
often
a
signal
for
an
upcoming
breakout.
If
SEI
clears
its
current
resistance,
it
could
trigger
the
next
major
rally.

????

@infygamestech
–
Celebrating
the
migration
to
Sei
with
a
Community
Reward
Campaign.https://t.co/WIZE7XHQed

—
Sei
????????
(@SeiNetwork)

October
10,
2024

While
nothing
is
certain,
SEI
looks
ready
for
a
bigger
move.
The
completed
Adam
&
Eve
pattern,
combined
with
the
bullish
flag,
shows
growing
strength.
If
SEI
breaks
out
of
its
accumulation
zone,
we
might
see
the
price
surge.
However,
investors
should
keep
an
eye
on
the
market
for
confirmation
of
this
upward
move
beyond
the
current
accumulation
zone.

3.
Pepe
Unchained
(PEPU)

Pepe
Unchained
(PEPU)

stands
out
from
other
meme
coins
by
offering
more
than
just
community
hype.
Unlike
its
predecessors,
PEPU
provides
real
utility,
similar
to
major
blockchain
projects
like
Ethereum
and
Solana.
With
its
native
layer-2
network,
Pepe
Unchained
aims
to
bring
scalability
to
the
growing
meme
coin
market.

By
handling
transaction
processing
for
meme
coins,
Pepe
Unchained
can
offer
faster
speeds
and
lower
fees
compared
to
networks
like
Ethereum,
Solana,
and
the
TON
chain.
The
first
token
to
benefit
from
this
will
be
the
popular
meme
coin,
PEPE.
After
that,
Pepe
Unchained
plans
to
extend
its
technology
to
the
entire
meme
coin
sector,
improving
efficiency
for
all.

So
far,
Pepe
Unchained
has
raised
over
$18.5
million
through
its
ongoing
presale.
This
includes
several
large
purchases
from
crypto
whales,
with
the
largest
being
a
$50,000
buy,
followed
by
two
more
purchases
of
$16,000
and
$15,000.
With
its
growing
utility
and
appeal
to
meme
coin
investors,
many
analysts
are
optimistic
about
PEPU’s
future.

And
with
that,
Pepe
Unchained
reaches
$18.5M
raised.

The
community
is
STRONG.
The
tech
is
STRONG.
And
we’re
gaining
new
ground
everyday.
????

pic.twitter.com/kEzq8lVIge

—
Pepe
Unchained
(@pepe_unchained)

October
10,
2024

For
those
looking
to
invest
early,
PEPU
is
available
for
$0.00995
on
Pepe
Unchained’s
website.
It
can
be
purchased
using
ETH,
USDT,
BNB,
or
a
bank
card.
However,
prices
are
set
to
increase
soon,
with
the
next
hike
happening
in
less
than
5
hours.
Investors
who
want
to
lock
in
the
best
rate
should
act
before
prices
go
up
as
the
ICO
progresses.

Visit
the
Pepe
Unchained
Presale

4.
XRP
(XRP)

XRP
(XRP)
has
shown
slight
bullish
movement
over
the
past
24
hours,
rising
to
$0.536.
This
increase
comes
from
its
underbought
status
on
yearly
timeframes
and
renewed
interest
from
large
investors.
XRP’s
24-hour
trading
volume
has
surged
past
1.3
billion,
signaling
a
potential
breakout.
This
could
mark
the
beginning
of
an
upward
trend,
possibly
pushing
the
price
closer
to
$1.

Looking
at
the
long-term
charts,
XRP
is
following
a
bullish
trend,
moving
within
an
ascending
parallel
channel.
Over
the
past
week,
the
price
has
risen
by
2.10%.
The
weekly
on-balance
volume
also
shows
a
bullish
divergence,
indicating
strong
control
from
the
bulls.
With
this
momentum,
XRP
is
expected
to
continue
its
upward
movement
and
reach
the
average
levels
within
the
channel
in
the
coming
weeks.

Despite
concerns
surrounding
the
Mt.
Gox
reimbursement,
XRP’s
price
has
climbed
by
nearly
1.7%.
The
overall
crypto
market
capitalization
has
risen
by
24.50%
since
July
5,
but
XRP’s
rebound
has
been
notably
stronger.

We’re
launching
new
features
for
Ripple
Custody,
bringing
bank-grade
custody
solutions
to
fintech
and
crypto
businesses.

????
Simplified
onboarding
↔️#XRPL
tokenization
&
DEX
support
➡️
Pre-configured
policy
frameworks
▶️
R/T
compliance
monitoring
↗️
New
UIhttps://t.co/gejagnouTS

—
Ripple
(@Ripple)

October
10,
2024

Although
XRP’s
current
price
is
83.81%
below
its
all-time
high
of
$3.31,
analysts
remain
positive
about
its
future.
The
Bollinger
Bands
for
XRP
are
tighter
than
those
of
Bitcoin
and
Ethereum,
which
suggests
a
potentially
significant
price
move.
One
analyst,
using
Gann’s
theory
and
Fibonacci
retracement
levels,
predicts
that
XRP
could
reach
$250
by
2028.
He
believes
that
if
assets
like
Bitcoin
and
Tesla
can
hit
similar
Fibonacci
extensions,
XRP
could
achieve
this
ambitious
target
as
well.

5.
Solar
(SXP)

SXP
is
the
cryptocurrency
behind
The
Solar
Network,
a
decentralized
layer-1
blockchain,
and
it’s
gaining
attention
as
it
expands
its
utility.
With
SXP
branching
into
new
sectors
like
the
metaverse,
many
are
optimistic
about
its
future.
This
growing
sector
is
expected
to
thrive
in
the
coming
year,
which
could
push
the
price
of
SXP
as
high
as
$0.45.

However,
if
there’s
a
financial
crisis
or
new
regulatory
hurdles,
the
price
could
drop
to
$0.15.
In
a
more
balanced
scenario,
with
steady
competition,
SXP
might
settle
around
$0.30.
If
partnerships
and
platform
growth
continue
and
more
investors
focus
on
SXP,
the
price
could
climb
even
higher,
potentially
reaching
$0.61.

Last
month,
Solar
(SXP)
saw
a
sharp
increase
in
activity.
On
Upbit,
trading
volume
surged
by
150.84%,
jumping
from
an
average
of
$40,000
to
$101,000
in
just
an
hour.
This
spike
shows
strong
demand,
especially
in
the
South
Korean
market,
likely
due
to
speculative
buying.
In
contrast,
Binance
saw
a
19.55%
drop
in
volume,
from
$99,000
to
$80,000,
highlighting
different
market
reactions
between
regions.

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