Next Cryptocurrency To Explode Friday, June 7 — JasmyCoin, Andy (ETH), Highstreet, Wormhole
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Earning
significant
ROI
in
a
bull
market
could
mean
paying
attention
to
the
meme
coins
and
Altcoins
with
explosive
potential.
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
the
next
cryptocurrencies
to
explode
and
inform
investors
and
traders
about
each
token.
Also
included
in
the
post
is
an
overview
of
the
market
trend
of
crypto
assets,
which
have
the
potential
to
post
significant
gains
in
the
future.
Next
Cryptocurrency
To
Explode
It’s
that
time
in
the
market
when
investors
and
traders
take
a
position
to
either
edge
their
gains
or
capitalize
on
emerging
trends.
Experts
believe
investors
have
a
better
chance
of
finding
the
next
cryptos
to
explode
among
upcoming
crypto
projects.
With
that
in
mind,
investors
should
explore
the
potential
of
Mega
Dice.
The
project
aims
to
reward
current
casino
users
with
many
benefits
while
drawing
in
new
ones.
Updates
on
the
project
and
its
prospects
are
shared
below.
1.
JasmyCoin
(JASMY)
JasmyCoin
has
seen
a
notable
rise
in
value
recently.
There
was
buzz
that
JasmyCoin
might
partner
with
Apple,
which
excited
investors.
Due
to
this
speculation,
JASMY
surged
by
100%.
However,
this
rumor
has
since
been
debunked
and
dismissed.
Despite
this,
there
is
still
hope
for
JasmyCoin.
Iggy
Azalea’s
involvement
could
drive
JASMY
to
new
heights.
With
the
increasing
attention
on
cryptocurrency,
JasmyCoin
could
attract
many
new
investors
by
the
end
of
the
year,
especially
following
its
recent
partnership
with
Panasonic.
As
of
now,
JASMY
is
priced
at
$0.04296.
It
has
grown
by
10.34%
in
the
past
day,
39.73%
in
the
past
week,
and
122.62%
in
the
past
month.
The
market
capitalization
has
reached
$2.12
billion,
supported
by
a
24-hour
trading
volume
of
$497.48
million,
indicating
a
growth
of
148.28%.
The
volume-to-market
cap
ratio
is
a
solid
23.47%,
reflecting
intense
trading
activity.
The
recent
rise
in
JASMY’s
price
is
due
to
increased
activity
from
large
investors.
Analysts
from
Santiment
have
observed
that
transactions
over
$100,000
on
the
JASMY
network
have
more
than
doubled
compared
to
the
2024
average.
This
indicates
that
large
holders
are
accumulating
the
token.
Several
analysts
have
provided
technical
analysis
of
JASMY,
suggesting
that
the
token
might
continue
to
grow.
Notably,
crypto
analyst
Steph
is
Crypto
has
identified
a
bullish
signal
on
JASMY’s
price
chart.
He
points
out
that
the
EMA
ribbons
on
the
weekly
timeframe
have
turned
bullish.
This
pattern
is
similar
to
one
in
2023,
followed
by
an
841%
price
increase.
2.
Andy
(ETH)
(ANDY)
ANDY
Token
is
another
cryptocurrency
that
has
recently
attracted
investors’
attention.
Its
current
trading
price
is
$0.0003045.
This
price
is
above
its
20-day
EMA,
indicating
a
possible
short-term
uptrend.
With
an
RSI
value
of
71.3,
there
is
strong
buying
interest.
If
this
trend
continues,
ANDY
might
experience
a
significant
rally.
In
an
optimistic
scenario,
ANDY
could
exceed
its
all-time
high
of
$0.000300
and
reach
$0.0005.
Launched
in
March,
ANDY
initially
consolidated
around
$0.0000105,
according
to
GeckoTerminal
data.
In
April,
bullish
activity
gradually
pushed
ANDY
to
new
weekly
highs,
culminating
in
an
all-time
high
of
$0.0002484.
Over
the
past
week,
ANDY’s
price
surged
by
68.86%,
reaching
a
new
all-time
high
of
$0.0003005
on
June
3,
2024.
The
memecoin
now
has
a
market
cap
of
$303.37
million
and
a
24-hour
trading
volume
of
$15.25
million.
Over
the
past
day,
its
value
increased
by
over
17%.
If
you
think
$ANDY
is
looking
good
now,
just
wait
for
when
the
bull
run
comes,
he
will
put
on
a
show
for
everyone
on
#ETH
pic.twitter.com/5o4INr1WC0—
Andy
(@andycoinonerc)
June
6,
2024
ANDY’s
price
fluctuations
formed
a
triple
bottom
pattern,
triggering
a
bullish
reversal
starting
mid-May.
Consequently,
ANDY’s
price
soared
by
326%
in
just
14
days.
The
token’s
bullish
outlook
remains
strong,
trading
well
above
both
the
50-day
and
200-day
Simple
Moving
Averages
(SMAs).
3.
Mega
Dice
(DICE)
The
new
GameFi
token
Mega
Dice
($DICE)
is
making
waves
in
crypto
gaming.
Its
presale
recently
surpassed
$1.4
million.
Mega
Dice
is
a
leading
brand
in
the
crypto
casino
sector,
with
over
10,000
active
players
each
month
and
more
than
$50
million
in
monthly
wagers.
As
one
of
the
top
platforms
on
Solana
(SOL),
$DICE
effectively
combines
GambleFi
and
GameFi.
It
aims
to
challenge
Rollbit’s
($RLB)
dominance.
The
native
$DICE
token
provides
platform
benefits
like
casino
cashback,
airdrop
rewards,
and
NFT
perks
for
holders.
The
online
gambling
industry
is
enormous
and
continues
to
increase.
Its
compounded
annual
growth
rate
(CAGR)
is
6.20%.
By
2029,
the
industry’s
global
revenue
is
expected
to
reach
$136.3
billion.
As
the
industry
expands,
crypto
gambling
is
becoming
one
of
its
most
rapidly
growing
and
innovative
segments.
In
2023,
the
market
value
of
crypto
gambling
is
estimated
to
be
$250
million.
Mega
Dice
is
a
leading
name
in
the
crypto
casino
industry,
offering
over
4,500
games.
These
include
slots,
premium
live
casino
experiences,
and
engaging
game
shows.
It
also
features
a
comprehensive
sportsbook
with
over
60
sports
and
top
market
odds.
Besides
gaming,
Mega
Dice
will
soon
introduce
crypto
futures
trading,
allowing
users
to
earn
DICE.
Investors
can
purchase
Dice
tokens
at
the
presale
price
of
$0.075.
However,
they
must
act
quickly
to
buy
at
this
rate
before
the
price
increases
in
the
next
stage
of
the
presale.
The
previous
rate
was
$0.069.
Visit
the
Mega
Dice
Token
Presale
4.
Highstreet
(HIGH)
The
Highstreet
team
has
been
actively
working
on
several
developments.
They
have
implemented
virtual
reality
and
unveiled
concept
art
exploring
the
project’s
lore.
Highstreet
also
integrates
Shopify
experiences
into
MMORPGs
for
brands,
offering
players
an
excellent
Metaverse
experience.
The
price
of
Highstreet
(HIGH)
increased
21.19%
within
24
hours,
reaching
$8.09.
Highstreet’s
market
capitalization
is
approximately
$407
million,
with
a
trading
volume
of
$165
million,
marking
a
195.58%
increase
in
the
last
24
hours.
The
current
sentiment
for
the
HIGH
price
prediction
is
bullish.
The
Fear
&
Greed
Index
stands
at
77,
indicating
Extreme
Greed
and
reflecting
an
increase
in
token
transactions.
This
suggests
growing
optimism
for
an
upward
trend.
#metaverse
is
more
than
just
#gaming.
As
the
official
metaverse
partner
of
@TheWorlds50Best,
#Highstreet
is
designing
gamified
restaurant
experiences
for
dining
venues
worldwide.
Interact
with
F&B
brands
and
take
on
food-related
quests
to
forage,
hunt,
gather
resources,
and…
pic.twitter.com/AnZNXxgCjp—
Highstreet
(@highstreetworld)
June
6,
2024
$HIGH
has
solid
fundamentals
and
a
dedicated
crypto
community
supporting
it.
Therefore,
it
has
the
potential
to
achieve
significant
growth
in
the
future.
If
the
HIGH
project
announces
collaborations
with
other
networks,
the
price
of
HIGH
Coin
could
exceed
$10.73
by
2024.
If
the
bullish
trend
in
the
crypto
market
continues,
the
average
cost
of
HIGH
Coin
is
expected
to
be
around
$10.4
by
2024.
5.
Wormhole
(W)
Wormhole
(W)
is
trading
between
$0.57
and
$0.68.
Over
the
past
week,
its
price
increased
by
6.11%
but
decreased
by
4.10%
this
month.
In
the
past
six
months,
it
soared
by
1,132.91%.
The
price
is
close
to
its
resistance
level
at
$0.74
and
support
level
at
$0.51.
With
an
RSI
of
41.64,
W
is
currently
in
a
corrective
phase.
The
MACD
is
below
zero,
indicating
downward
pressure.
The
10-day
and
100-day
SMAs
show
limited
short-term
momentum.
Wormhole’s
market
cap
is
$1.22
billion,
and
its
24-hour
trading
volume
is
$238.2
million,
marking
a
152.10%
increase.
This
surge
suggests
growing
investor
confidence
in
Wormhole’s
developments.
Wormhole
is
well-known
for
its
interoperability
platform,
which
supports
multichain
applications
and
bridges.
It
allows
access
to
liquidity
and
users
across
over
30
major
blockchain
networks.
This
capability
covers
various
uses,
such
as
DeFi,
NFTs,
and
governance,
making
Wormhole
essential
for
decentralized
ecosystems.
Stake
For
Governance
is
now
live
for
W
token
holders!This
is
your
opportunity
to
participate
in
the
governance
and
impact
the
future
direction
of
the
Wormhole
DAO
and
platform.Get
started
now
at
the
@tallyxyz
Governance
Portal:
https://t.co/PrL3F8cE2C
pic.twitter.com/XrVhMD991t—
Wormhole
(@wormhole)
June
6,
2024
One
major
reason
for
Wormhole’s
price
increase
is
the
introduction
of
$W
staking
for
governance.
A
tweet
from
Airdrop
Adventure
X
mentions
that
users
who
stake
their
$W
tokens
now
might
qualify
for
future
Wormhole
airdrops.
Moreover,
the
project
has
already
confirmed
these
airdrops.
Additionally,
staking
$W
could
make
users
eligible
for
the
eagerly
awaited
Monad
airdrop.
The
launch
of
staking
has
attracted
investor
interest.
It
offers
a
chance
to
earn
rewards
and
positions
token
holders
for
possible
future
airdrops.
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