Next Cryptocurrency to Explode Friday, June 21 — Tellor, Centrifuge, Flare

Although
cryptocurrency
prices
have
been
falling
for
a
while,
the
overall
feeling
in
the
market
remains
positive.
Recently,
Bitcoin
(BTC)
has
dropped
below
$65K,
and
Ethereum
(ETH)
is
striving
to
stabilize
above
$3,500.

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
own
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.
Tellor
(TRB)

Tellor
Tributes
(TRB)
is
the
native
token
of
the
Tellor
protocol,
a
decentralized
oracle
network
that
provides
reliable
data
feeds
for
smart
contracts.
Reporters
use
TRB
tokens
as
stakes
when
they
submit
accurate
on-chain
data,
which
is
crucial
for
smart
contracts
to
function
correctly.
TRB
tokens
motivate
reporters
to
provide
timely
data,
and
users
can
tip
tokens
for
quicker
updates. 

Moreover,
TRB
funds
contracts
that
pay
data
reporters,
removing
the
need
for
off-chain
payment
methods.
This
system
creates
a
robust
and
efficient
data
reporting
mechanism
within
the
Tellor
network.

Currently,
TRB
is
trading
at
$109.88,
showing
an
impressive
increase
of
over
970,000%
from
its
all-time
low
of
$0.01001
on
November
1,
2019.
The
token
reached
its
highest
value
of
$593.09
on
December
31,
2023.
The
most
popular
exchange
for
buying
and
trading
Tellor
Tributes
is
Gate.io,
with
the
most
active
trading
pair
being
TRB/USDT.

Tellor
is
a
decentralized
oracle
network
enabling
Ethereum
smart
contracts
to
access
off-chain
data
securely.
With
the
rise
of
DeFi
and
other
blockchain-based
applications,
the
need
for
dependable
data
oracles
like
Tellor
is
expected
to
increase,
making
TRB
a
valuable
investment.

Make
sure
to
check
out “Data
Points”,
a
weekly
series
of
Youtube
Shorts
we
put
out
to
keep
you
up
to
date
with
all
things
going
on
at
Tellor.
Brought
to
you
by
long
time
Tellor
core
team
member

@rayn_tellor!

????☑️
Don’t
forget
to
like
and
subscribe!

Our “Data
Points”
playlist…

pic.twitter.com/9fRBZUYDWW

—
Tellor
(@WeAreTellor)

June
13,
2024

Recently,
TRB’s
price
surged
by
22.49%
in
the
past
24
hours.
Over
the
past
year,
its
price
soared
by
1087.70%,
outperforming
96%
of
the
top
100
cryptocurrencies.
Tellor
is
trading
102.77%
above
its
200-day
SMA
of
$53.52,
indicating
strong
growth.
However,
the
14-day
RSI
stands
at
72.72,
suggesting
an
upcoming
price
correction. 

In
the
last
30
days,
Tellor
experienced
16
green
days,
making
up
53%
of
the
period,
with
a
volatility
rate
of
7.49%.
Its
market
cap
is
$285.16
million,
and
it
has
a
24-hour
trading
volume
of
$109.32
million,
reflecting
high
liquidity
and
significant
investor
interest.

2.
Centrifuge
(CRG)

For
a
token
to
be
listed
on
Binance,
the
project
must
have
strong
fundamentals,
which
Centrifuge
does.
This
project
brings
real-world
assets
into
decentralized
finance
(DeFi),
offering
on-chain
debt
facilities
and
capital
structure
management.
Centrifuge
is
one
of
the
first
protocols
to
put
RWAs
on-chain,
allowing
businesses
to
use
crypto
to
finance
assets
like
invoices
and
real
estate
loans.

The
centrifuge
has
several
advantages.
It
provides
access
to
DeFi
liquidity
without
depending
on
volatile
cryptocurrencies
and
removes
the
need
for
intermediaries
like
banks.
This
enables
borrowers
to
finance
their
tangible
assets
directly,
adding
a
layer
of
security
in
the
crypto
world.
Centrifuge’s
token
(CFG)
price
is
$0.4608,
and
its
market
cap
is
$227.86
million.

Investors
looking
at
Centrifuge’s
performance
will
notice
significant
trends
in
its
price.
CFG
stands
out
for
its
stability
and
potential,
priced
at
$0.4608,
with
a
remarkable
increase
of
155.84%
over
the
past
year.

The
cryptocurrency
is
trading
18.68%
above
its
200-day
SMA,
suggesting
it
is
neutral
and
may
trade
sideways,
which
has
drawn
the
attention
of
investors.
Despite
having
a
volatility
rate
of
14.59%,
CFG
shows
medium
liquidity
with
a
volume-to-market
cap
ratio
of
0.0141.
This
indicates
potential
growth
opportunities,
though
investors
should
be
cautious.

3.
Pepe
Unchained
(PEPU)

A
new
Pepe-themed
meme
coin
called


Pepe
Unchained
($PEPU)

has
just
launched
on
its
own
Ethereum
Layer
2
blockchain.
Within
minutes,
it
attracted
over
$150,000
in
investments.
As
of
now,
Pepe
Unchained
has
raised
more
than
$245,000.
Fans
of
meme
coins
are
eager
to
invest
because
of
the
impressive
staking
rewards
of
over
20,000%
APY.
Additionally,
$PEPU
transactions
are
100
times
faster
and
cheaper
than
leading
ERC-20
meme
coin
competitors.

There
are
just
over
three
days
left
to
buy
$PEPU
at
the
lowest
presale
price
of
$0.008
per
token.
This
is
the
best
time
to
invest
before
the
presale
advances
to
the
next
round
and
prices
increase.

After
the
ICO,
the
potential
listing
of
the
token
on
exchanges
could
significantly
increase
its
value.
For
those
interested,
investing
now
could
be
very
advantageous.
An
initial
investment
of
$100
would
get
you
12,500
$PEPU
tokens.

Pepe
Unchained
is
the
first
Pepe
token
to
operate
on
its
own
Ethereum
Layer
2
blockchain.
Ethereum
currently
processes
about
15
transactions
per
second
(tps),
which
causes
network
congestion
and
high
transaction
fees.
To
address
this
issue,
various
Layer
2
protocols
have
been
developed.
These
protocols
independently
process
transactions
on
a
side
chain
before
adding
them
to
the
main
Ethereum
blockchain.

Pepe
Unchained
($PEPU)

is
the
first
meme
coin
to
leverage
this
technology,
providing
a
more
attractive
value
proposition
than
traditional
meme
coins.
Transactions
with
$PEPU
are
much
faster
and
cheaper
due
to
the
improved
scalability,
which
reduces
the
load
on
the
main
chain.
As
a
result,
$PEPU
stakers
receive
significantly
higher
rewards
than
those
using
Layer
1
meme
coins.
The
project
also
includes
a
dedicated
block
explorer
for
viewing
all
transactions
on
Layer
2
and
offers
instant,
low-cost
bridging
between
Pepe
Unchained
and
Ethereum’s
Layer
1.

Visit
the
Pepe
Unchained
Presale

4.
Curve
DAO
Token
(CRV)

Curve
is
a
decentralized
exchange
that
focuses
on
trading
stablecoins
and
uses
an
automated
market
maker
(AMM)
to
handle
liquidity.
It
has
launched
a
decentralized
autonomous
organization
(DAO)
with
CRV
as
its
native
token.
This
DAO,
created
with
Ethereum-based
Aragon,
employs
multiple
smart
contracts
to
manage
the
liquidity
deposited
by
users
effectively.

Curve
stands
out
in
the
DeFi
space
because
of
its
emphasis
on
stablecoin
trading.
The
DAO
and
CRV
tokens
increase
profitability
by
rewarding
users
based
on
how
much
liquidity
they
contribute
and
how
long
they
keep
it
in
the
system.
The
rise
in
DeFi
trading
has
solidified
Curve’s
importance,
with
AMMs
providing
substantial
liquidity
and
user
profits. 

Curve
appeals
to
DeFi
enthusiasts
who
engage
in
yield
farming
and
liquidity
mining.
It
offers
steady
returns
through
stablecoins
and
generates
revenue
through
small
fees
paid
to
liquidity
providers.

CRV
has
surged
to
$0.359653,
gaining
an
impressive
8.59%
in
the
past
24
hours.
It
shows
high
liquidity
with
a
volume-to-market
cap
ratio
of
1.0273,
a
market
cap
of
$436.82
million,
and
a
24-hour
trading
volume
of
$448.74
million.
The
14-day
RSI
is
56.19,
indicating
neutral
trading.
CRV
has
had
13
positive
days
out
of
the
last
30
(43%)
and
a
30-day
volatility
of
17%.

Although
everyone
panics,
the
Celsius
fiasco
is
a
good
example
of
why
DeFi
is
better
than
CeFi

—
Curve
Finance
(@CurveFinance)

June
13,
2022

However,
CRV
is
trading
41.66%
below
its
200-day
SMA
of
$0.613673.
Over
the
past
year,
its
price
decreased
by
49%,
underperforming
98%
of
the
top
100
crypto
assets.
Despite
recent
price
drops
and
significant
volatility,
the
token
shows
signs
of
recovery.

CRV
has
been
attempting
to
rise
from
$0.2175
for
the
last
three
days
after
a
prolonged
decline
on
the
daily
chart.
The
coming
weeks
could
show
a
more
optimistic
price
trend.
If
buyer
interest
grows,
the
price
might
reach
the
resistance
levels
of
$0.50
and
$0.65.
Conversely,
if
the
price
fails
to
sustain
its
gains,
it
could
fall
to
the
support
levels
of
$0.21
and
$0.10.

5.
Flare
(FLR)

Flare
is
an
interoperability
protocol
focused
on
interchain
communication.
It
allows
dApp
developers
to
easily
access
off-chain
data
from
other
blockchains
and
the
wider
web.
It
will
enable
them
to
use
real-world
data
to
create
richer
dApp
experiences
and
new
monetization
models.

One
of
Flare’s
main
goals
is
to
help
blockchains
overcome
a
significant
limitation:
their
inability
to
interact
with
the
real
world.
Blockchains
are
closed
networks
that
have
restricted
their
use
primarily
to
financial
services.
Flare
addresses
this
issue,
expanding
the
utility
of
blockchains
beyond
just
financial
applications.

FLR
is
valued
at
$0.02602,
reflecting
a
2.08%
increase
over
the
past
24
hours.
Its
price
has
surged
by
61.50%
in
the
last
year,
outperforming
35%
of
the
top
100
cryptocurrencies.
Currently,
it
is
trading
9.75%
below
the
200-day
SMA
of
$0.028852.
With
a
14-day
RSI
of
50.48,
the
cryptocurrency
is
considered
neutral
and
may
continue
to
trade
sideways.

Ready
to
try

#FAssets
minting?
☀️

The
demo
for
FTestXRP
minting
&
redemption
is
live
on

https://t.co/sHZPDoR3Ml.

This
is
just
a
taste
of
what’s
to
come.
The
official
FAssets
dashboard
with
full
features
is
on
the
way.

????
Participating
in
the
demo
dapp
could
get
you
included
in…

pic.twitter.com/PPVysywunu

—
Flare
☀️
(@FlareNetworks)

June
17,
2024

The
project’s
outlook
is
promising,
with
predictions
indicating
that
FLR
could
reach
$0.0619
by
the
end
of
the
year.
This
optimistic
projection
is
due
to
Flare’s
interoperability
features,
low
transaction
costs,
and
growing
ecosystem.
By
connecting
various
blockchain
networks,
Flare
facilitates
innovative
decentralized
finance
(DeFi)
applications
and
boosts
the
utility
of
digital
assets.

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