Next Cryptocurrency to Explode, November 1 — Gigachad, Raydium, Retardio, aelf
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The
overall
feeling
in
the
market
is
beginning
to
look
positive.
Recently,
Bitcoin
(BTC)
finally
rose
above
$70K
but
wasn’t
able
to
stay
above
that
price
for
long.
Meanwhile,
Ethereum
(ETH)
is
striving
to
stay
above
$2,500
once
more
as
investors
still
anticipate
the
next
bull
run.
Determining
the
next
cryptocurrency
to
explode
might
be
challenging
as
most
funds
are
attracted
to
pumping
assets.
However,
this
article
will
explore
the
performance
of
cryptocurrencies
that
have
a
lot
of
growth
potential,
especially
during
the
Uptober
bull
run.
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.
Gigachad
(GIGA)
Gigachad,
a
meme
coin
built
on
Solana,
has
gained
significant
traction
due
to
endorsements
from
popular
figures
like
Ernest
Khalimov,
the
face
behind
the
Gigachad
meme,
and
bodybuilder
Mike
O’Hearn.
Backed
by
these
endorsements,
GIGA
has
shown
resilience
in
today’s
bearish
market.
Its
price
is
up
by
over
7.40%
in
the
last
24
hours,
boosting
its
market
cap
to
$504.82
million.
The
price
of
Gigachad
has
been
trending
upward,
with
higher
highs
and
lower
lows
observed
in
September
and
October.
According
to
GeckoTerminal,
GIGA
is
consolidating
near
its
recent
highs,
with
bullish
momentum
pushing
it
above
the
$0.0510
resistance
level.
This
recent
movement
hints
at
a
possible
ascending
triangle
pattern,
suggesting
further
potential
growth.
Gigachad’s
price
is
currently
trading
above
both
its
50-day
and
200-day
Simple
Moving
Averages
(SMAs),
supporting
a
positive
outlook.
Its
Relative
Strength
Index
(RSI)
is
at
60.56,
which
places
it
in
a
neutral-to-bullish
zone,
suggesting
there
is
still
room
for
growth
before
it
reaches
overbought
conditions.
We’re
now
past
the
halfway
point
in
the
season
of
the
CT
Fantasy
Football
league,
and
things
are
quite
different
from
the
first
few
weeks..
@blknoiz06
is
beginning
generational
run
crawling
back
from
0-5,
now
3-5
@wtobe60
is
currently
plateauing,
with
his
team
putting
up…
pic.twitter.com/ScZtxL7caJ—
$GIGA
Chad
(@GIGACHAD_meme)
October
30,
2024
Gigachad
has
gained
momentum,
partly
due
to
its
strong
ties
to
the
fitness
world
through
its
sports
brand,
Giga
Fitness.
However,
as
with
many
meme
coins,
its
performance
relies
heavily
on
social
media
interest.
While
GIGA
presents
short-term
profit
opportunities,
its
long-term
success
will
depend
on
maintaining
community
interest
and
offering
value
beyond
celebrity
endorsements.
With
an
active
community
and
increasing
interest
from
larger
investors,
GIGA
is
carving
out
its
place
in
the
competitive
meme
coin
space,
hinting
at
the
potential
for
future
growth.
2.
Raydium
(RAY)
On
Monday,
October
28,
Raydium
(RAY)
crossed
the
$3.45
mark,
showing
a
16.8%
increase
in
24
hours.
This
rise
was
part
of
a
broader
trend
among
Solana-based
decentralized
exchange
tokens,
including
Jupiter
(JUP)
and
Aerodrome
Finance
(AERO),
which
helped
Solana
surpass
Ethereum
in
daily
transaction
fees.
Throughout
the
past
month,
RAY
prices
gained
79.87%,
moving
from
$2.24
to
$3.48.
This
boost
followed
Kraken
Pro’s
addition
of
RAY
futures
trading
on
October
25,
which
expanded
trading
options
for
the
Solana-based
token.
An
October
23
upgrade
also
improved
Raydium’s
liquidity
and
swap
speeds,
increasing
transaction
volumes.
Currently,
Raydium
is
the
third-largest
decentralized
exchange
by
daily
trading
volume.
Its
price
surge
has
positioned
it
among
the
top
five
DeFi
protocols
on
Solana.
According
to
DeFiLlama,
Raydium
now
ranks
fifth
in
total
value
locked
(TVL)
on
Solana,
which
has
risen
by
29.31%
over
the
past
month,
reaching
$2.62
million.
Icymi,
the
full
@artemis__xyz
research
report
on
Raydium!Strap
up,
it’s
a
deep
dive
and
@0xkyle__
unpacks
A
LOT
here
????????
https://t.co/XoZyZkilO8—
Raydium
(@RaydiumProtocol)
October
31,
2024
Raydium’s
trading
volume
continues
to
grow
steadily,
now
placing
it
fourth
among
decentralized
exchanges
(DEXs)
with
a
daily
volume
of
$358.3
million.
Its
concentrated
liquidity
market
maker
(CLMM)
variant
holds
third
place,
with
a
volume
of
$366.5
million.
According
to
a
team
update
from
March
19,
Raydium’s
market
cap
has
exceeded
$905
million,
supported
by
strong
trading
activity
that
has
driven
up
RAY’s
price.
Further
analysis
of
Raydium
indicates
a
bullish
trend,
suggesting
it
may
rally
beyond
the
$3.40
level,
as
it
has
stable
support
above
the
$2.00
mark.
The
technical
indicators
for
Raydium
point
toward
continued
upward
movement,
with
no
signs
of
immediate
reversal.
Its
50-day,
100-day,
and
200-day
simple
moving
averages
(SMA)
are
all
trending
upward,
highlighting
its
strong
position
in
the
market.
3.
Memebet
Token
(MEMEBET)
Memebet
Token
($MEMEBET)
is
gaining
strong
momentum,
having
raised
over
$550,000
in
its
presale.
This
unique
project
is
the
first
to
combine
meme
coins
with
Web3
gaming,
using
them
as
betting
currency
in
its
Telegram-based
casino.
It
has
quickly
become
a
favorite
among
dedicated
fans,
giving
them
a
chance
to
see
real
returns
on
their
meme
coin
investments.
Excitingly,
social
media
rumors
suggest
that
the
online
casino
could
open
this
week.
This
would
give
presale
participants
an
exclusive
look
at
the
perks
available
to
$MEMEBET
holders
just
over
a
month
after
the
presale
launched.
Rewards
are
also
expanding,
with
chances
to
win
$1,000
worth
of
tokens
and
other
real-world
prizes.
Newcomers
looking
to
use
meme
coins
creatively
can
join
the
presale
to
get
$MEMEBET
at
$0.0263
per
token.
However,
this
price
is
only
available
for
a
couple
of
days
before
the
15th
presale
round
begins
at
a
higher
rate.
Although
the
launch
date
for
Memebet’s
Telegram
casino
is
still
uncertain,
early
$MEMEBET
token
holders
could
enjoy
valuable
perks
once
it
goes
live.
For
presale
investors,
especially
those
cautious
about
high-risk
trading,
the
chance
to
invest
in
a
token
that
connects
meme
coins
with
Web3
gaming
is
intriguing.
This
combination
of
two
fast-growing
sectors
creates
a
strong
potential
for
future
growth.
For
those
interested
in
investing
or
testing
their
luck,
joining
$MEMEBET
is
easy.
Simply
visit
the
$MEMEBET
token
website,
connect
your
wallet,
and
exchange
ETH,
BNB,
or
POLY
for
$MEMEBET
tokens.
A
bank
card
option
is
also
available
for
extra
convenience.
Visit
the
Memebet
Token
Presale
Website
4.
Retardio
(RETARDIO)
Retardio
is
a
unique
and
lively
project
within
the
Solana
ecosystem,
gaining
attention
through
its
playful
meme-based
approach.
The
origins
of
the
Retardio
token
are
mysterious,
with
anonymous
creators
and
secretive
beginnings.
This
has
sparked
interest
from
a
community
of
early
adopters,
who
are
drawn
to
the
project’s
unconventional
and
adventurous
spirit.
Stories
surround
Retardio’s
launch,
adding
to
its
mystique
and
appeal.
Its
path
has
surprised
many,
attracting
a
growing
group
of
followers
who
want
to
join
its
journey.
The
project
suggests
that
everyone
has
a
part
of
the
“Retardio
spirit”
within
them,
waiting
to
explore
new
possibilities.
One
of
Retardio’s
most
anticipated
elements
is
its
collection
of
4,444
NFTs,
known
as
Retardio
Cousins.
Built
on
the
Solana
blockchain,
each
NFT
offers
unique
ownership
benefits,
aiming
to
strengthen
the
community
and
open
doors
to
future
potential
in
the
ecosystem.
The
current
price
of
RETARDIO
is
$0.1675,
marking
a
32.60%
increase
over
the
past
24
hours.
Its
market
cap
has
also
grown
by
33%
to
reach
$163.38
million,
and
its
24-hour
trading
volume
surged
by
260.55%,
reaching
$14.04
million.
In
the
past
month,
RETARDIO
has
seen
positive
trading
activity
on
16
different
days.
The
sentiment
around
RETARDIO
remains
bullish,
with
a
Fear
&
Greed
Index
score
of
69,
indicating
a
high
level
of
market
confidence.
This
upward
trend,
along
with
the
rise
in
daily
trading
volume,
shows
that
investors
are
optimistic
about
its
growth.
With
strong
community
support,
RETARDIO
has
promising
potential.
If
the
project
secures
partnerships
with
other
networks,
the
price
could
soon
exceed
$1.52.
5.
aelf
(ELF)
Like
many
altcoins,
aelf
(ELF)
has
experienced
a
lot
of
price
swings
this
year,
with
a
mostly
bearish
trend
so
far.
However,
several
technical
indicators
now
point
to
potential
bullish
growth.
A
positive
regulatory
environment
and
advancements
in
technology
have
helped
Aelf’s
gradual
growth.
These
factors
support
broader
crypto
adoption.
Additionally,
the
launch
of
Bitcoin
ETFs
and
stronger
compliance
by
large
exchanges
are
key
influences
on
its
growth.
As
a
result,
ELF
could
reach
an
average
price
of
$3.50
and
potentially
hit
$4.75
by
2025.
Aelf
has
also
built
a
network
of
strategic
partnerships
across
the
industry,
including
with
Huobi,
a
major
digital
asset
exchange.
This
partnership
helps
increase
aelf’s
token
liquidity
and
adoption.
Furthermore,
partnerships
with
platforms
like
Innovation
Alliance
are
helping
aelf
advance
its
blockchain
technology.
????(CHAIN)GE
IS
HERE:
Introducing
aelf’s
dAppChain!With
over
half
a
billion
transactions
and
leading
#Web3
on
@Telegram,
dAppChain
is
purpose-built
to
create
and
power
seamless
#dApp
experiences.Read
the
full
announcement
????https://t.co/CCkuAY59UFMore
details
in
????[1/4]
—
aelf
(@aelfblockchain)
November
1,
2024
Currently,
aelf
(ELF)
is
trading
at
$0.3545,
with
a
market
cap
of
$260.14
million.
In
the
last
24
hours,
its
price
rose
slightly
by
0.11%,
placing
it
at
rank
182
in
overall
cryptocurrency
rankings
with
a
trading
volume
of
$12.25
million.
Though
the
current
sentiment
is
bearish,
the
Fear
&
Greed
Index
shows
a
score
of
69
(Greed),
indicating
optimism.
Additionally,
token
transaction
volume
has
risen,
suggesting
confidence
in
a
possible
uptrend.
Finally,
the
14-day
Relative
Strength
Index
(RSI)
is
at
31.40,
keeping
aelf
in
a
neutral
zone
for
now.
Read
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