Next Cryptocurrency To Explode Friday, May 10 — The Graph, dogwifhat, Fantom, Helium

Although
cryptocurrency
prices
have
been
falling
for
a
while,
the
overall
feeling
in
the
market
remains
positive.
Recently,
Bitcoin
(BTC)
has
risen
above
$62,800,
and
Ethereum
(ETH)
is
striving
to
stabilize
above
$3,000,
providing
some
relief
to
investors.

However,
identifying
the


next
cryptocurrencies
to
explode

might
be
a
bit
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
eTukTuk,
an
eco-friendly
crypto
presale
where
investors
can
stake
their
funds
and
promptly
begin
earning
staking
rewards.
The
details
of
its
presale
and
the
performance
of
the
top-performing
cryptos
today
are
shared
below.

1.
The
Graph
(GRT)

The
price
of
GRT
has
shown
a
strong
bullish
movement,
jumping
up
by
76%
in
24
hours
to
reach
$175.346
million
in
trading
volume.
This
means
the
altcoin
has
increased
by
12.70%
in
the
past
24
hours
and
by
21.94%
in
the
past
week.

Over
the
past
day,
The
Graph
(GRT)
has
experienced
a
price
increase
of
16.60%,
reaching
$0.3118.
It’s
testing
several
resistance
levels,
and
traders
eagerly
await
a
possible
breakout.

Trader
World
of
Charts
suggests
that
if
the
price
successfully
breaks
above
the
resistance,
it
might
increase
to
$0.50.
Alice
Crypto
also
points
out
that
GRT
has
broken
out
of
a
Falling
Wedge
Pattern,
hinting
at
a
potential
gain
of
up
to
70%
soon.

Anyone
on
the
internet
can
join
the
Sunrise
Upgrade
Program
and
help
revolutionize
how
the
world
accesses
data
via
The
Graph
–
while
earning
rewards
from
a
pool
of
4
Million
GRT
in
the
process.

Don’t
miss
out
on
the
fun,
sign
up
here:https://t.co/jabKkH9tRu

—
The
Graph
(@graphprotocol)

May
2,
2024

Additionally,
the
technical
indicator
MACD
shows
increased
buying
pressure
compared
to
selling
pressure
in
the
crypto
market.
Moreover,
the
moving
averages
display
a
bullish
pattern,
indicating
that
the
Graph
token
could
continue
to
appreciate
shortly.
If
the
bulls
break
out,
the
price
could
test
its
resistance
level
of
$0.3550
by
the
upcoming
weekend.

2.
dogwifhat
(WIF)

After
experiencing
a
downward
trend
for
a
month,
the
Solana-based
meme
coin
saw
a
significant
increase
in
value,
rising
by
about
16%
in
the
last
two
days.
Additionally,
its
price
is
approaching
a
resistance
trendline,
but
it’s
uncertain
what
will
happen
next.

WIF’s
value
increased
by
12.3%
in
the
past
day,
reaching
$3.22.
This
led
to
a
rise
in
its
daily
trading
volume
by
24.68%,
totaling
$467.6
million.
Also,
the
blockchain
data
tracker
Lookonchain
detected
activity
from
a
large,
anonymous
investor
in
WIF.
This
investor
bought
around
1.4
million
WIF
tokens
in
the
last
12
hours,
spending
approximately
$4.18
million.
Currently,
the
value
of
these
tokens
has
increased
by
7.7%.

The
Simple
Moving
Average
(SMA)
indicates
intense
bullish
activity
in
crypto.
The
MACD
histogram
stays
consistently
green,
signaling
an
increase
in
the
buying
interest
in
crypto.
The
averages
trend
upwards,
indicating
a
likely
continuation
of
bullish
trading
next
week.

Should
the
bulls
breach
the
resistance
trendline,
the
WIF
price
could
aim
for
its
upper
resistance
at
$3.90.

3.
eTukTuk
(TUK)

eTukTuk

is
a
leading
eco-friendly
crypto
presale
where
investors
can
stake
their
funds
and
promptly
begin
earning
staking
rewards.
Its
primary
aim
is
to
swap
traditional
internal
combustion
engine
Tuk
Tuks
with
electric
variants.

This
venture’s
flagship
integrates
AI,
crypto/blockchain
technology,
and
electric
vehicles,
paving
the
way
for
a
sustainable
transportation
future.
Initially
targeting
developing
countries,
its
vision
extends
globally.

Many
consider
eTukTuk
a
promising
investment
due
to
its
eco-friendly
approach
and
anticipated
market
growth.
The
fact
that
it
is
a
project
focused
on
sustainability
makes
investors
and
enthusiasts
predict
future
demand.

From
endangering
ecosystems
to
accelerating
climate
change,
rising
air
pollution
knows
no
bounds.

Let’s
take
action
for
cleaner
air
with

#eTukTuk.

pic.twitter.com/3IIfYh8m1I

—
eTukTuk
(@eTukTukio)

May
8,
2024

The
presale
has
garnered
over
$3.2
million
in
funding,
with
the


TUK
token

priced
at
$0.0305.
A
price
increase
is
expected
in
less
than
six
hours
from
the
time
of
writing.
This
limited
timeframe
means
potential
investors
should
act
promptly
if
interested.
The
token
can
be
purchased
using
ETH,
USDT,
or
BNB,
as
well
as
through
credit
or
debit
card
transactions.

Visit
the
TUK
presale
here

4.
Fantom
(FTM)

The
FTM
token
was
created
to
improve
the
collaboration
between
different
transaction
platforms.
It
uses
a
smart
contract
platform
called
“Direct
Acyclic
Graph”
(DAG)
to
help
the
network
handle
more
transactions.
People
are
interested
in
the
FTM
incentive
program
because
it
offers
unique
benefits.
Some
wonder
if
the
FTM
price
will
hit
$1
in
2024.

At
the
time
of
writing,
the
FTM
value
is
$0.7319,
up
8.94%
in
one
day.
Even
though
it
dropped
by
26.41%
last
month,
it
went
up
by
6.39%
last
week.
If
the
Fantom
cryptocurrency
stays
above
$0.7090,
it
is
likely
to
reach
$1
in
the
next
few
weeks.

Increasing
transaction
volumes,
the
launch
of
new
decentralized
applications
(dapps),
and
a
successful
335
million
FTM
incentive
program
might
pave
the
way
for
the
digital
currency
to
achieve
unprecedented
success.
Transaction
volumes
could
rise
further,
with
the
market
showing
optimism
and
positive
social
sentiment.

7/ “In
March,
Fantom’s
monthly
DEX
volume
eclipsed
$1
billion
for
the
first
time
since
March
2023.”

???? “Furthermore,
the
average
daily
DEX
volume
during
March
was
$37.9
million,
nearly
7x
more
than
February
($5.7
million)
and
6x
more
than
January
($6.6
million).”

—
Fantom
Foundation
(@FantomFDN)

May
9,
2024

A
growing
investor
base
could
indicate
a
favorable
trajectory
for
FTM’s
long-term
value.
Supported
by
investors,
the
currency’s
value
is
anticipated
to
stay
steady,
even
during
market
downturns.
Furthermore,
a
surge
in
positive
market
activity
could
push
FTM’s
value
to
a
high
of
$1.45.

5.
Helium
(HNT)

Although
Helium’s
price
hasn’t
experienced
significant
increases
recently,
its
price
pattern
suggests
a
potential
breakout.
After
reaching
the
$4.25
support
level,
the
HNT
price
is
testing
the
resistance
trendline,
indicating
a
possible
breakout.

Although
the
daily
price
chart
shows
evidence
of
increasing
bearish
influence,
the
overall
market
sentiment
hints
at
a
breakout
rally.
Despite
a
bearish
pattern,
the
10%
rise
in
Helium’s
price
from
the
$4.25
support
level
suggests
a
breakout
could
occur.
This
bullish
movement
challenges
the
overhead
trendline
and
the
possibility
of
a
death
cross.

HNT
reached
$5.00
today
at
8:00
EST,
showing
a
10.02%
increase.
The
crypto
is
poised
to
cross
the
$5
mark,
which
is
significant
psychologically.
With
the
reversal
rally
gaining
strength,
HNT
is
set
to
switch
directions
and
move
back
into
a
bullish
trend.
The
market,
which
is
in
the
process
of
breaking
out
of
a
downward
channel,
is
strengthening,
suggesting
the
possibility
of
a
new
upward
trend.

Analysts
and
experts
anticipate
that
the
breakout
rally
could
reach
$10,
benefiting
from
the
momentum
held
back.
However,
there
might
be
resistance
at
the
$6
and
$8
levels.
If
Helium
(HNT)
proves
itself
to
be
a
sound
investment
in
2024,
this
year
could
be
positive
for
the
cryptocurrency.

Are
you
interested
in
shaping
the
future
of
mobile
technology?
The
MOBILE
Working
Group
is
looking
for
5
self-nominated
individuals
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participate
in
the
MOBILE
Network’s
initiatives
and
decisions
over
the
next
6
months,
from
May
22nd,
2024,
to
November
22nd,
2024.
????????

—
Helium
Foundation
????
(@HeliumFndn)

May
6,
2024

If
market
momentum
and
investor
sentiment
continue
to
improve,
HNT
could
reach
$20.
Moreover,
as
the
Helium
ecosystem
evolves
with
upgrades
and
advancements,
HNT
might
surpass
its
all-time
high
(ATH)
of
$55.22
and
set
a
new
ATH.

Read
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