Next Cryptocurrency to Explode Tuesday, July 9 — Bonk, Pepe, Ultra, Chromia
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Although
cryptocurrency
prices
have
been
falling
for
a
while,
the
overall
feeling
in
the
market
remains
positive.
Recently,
Bitcoin
(BTC)
has
been
struggling
to
get
back
to
$60K
and
above,
and
Ethereum
(ETH)
is
striving
to
stabilize
at
$3,000.
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.
Bonk
(BONK)
Amid
growing
interest
in
the
Solana
ETF,
the
Solana-based
meme
token
BONK
has
seen
significant
gains,
leading
today’s
crypto
market.
Over
the
past
24
hours,
BONK’s
value
has
surged
by
24.34%,
reaching
$0.00002665,
aiming
to
recover
last
week’s
losses.
Initially,
BONK
faced
a
bearish
trend
with
support
at
a
low
of
$0.00002.
However,
a
proposal
to
reduce
token
supply
boosted
investor
sentiment,
increasing
market
capitalization
by
24.26%
to
$1.83
billion.
According
to
CoinMarketCap,
BONK
has
outperformed
other
Solana
network
meme
coins
like
WIF,
BOME,
and
SLERF.
The
rise
in
interest
is
due
to
several
developments,
including
BONK’s
addition
to
the
on-chain
data
provider
Xangle.
Investors
can
now
access
real-time
information
about
BONK,
from
circulation
to
exchange
listings,
all
in
one
place.
BONK
DAO
has
received
a
proposal
to
BURN
~84B
BONK
from
its
Treasury
representing
the
Q2
amount
of
BONK
sent
to
the
DAO
from
BONKBot.All
BONK
locked
on
BonkRewards
is
now
able
to
vote
on
community
proposals.Voting:https://t.co/akvJAfpCcM
—
BONK
DAO
(@bonk_dao)
July
8,
2024
The
Bonk
DAO
account
on
X
also
announced
a
request
to
burn
over
84
billion
BONK
tokens
from
its
Treasury.
BONKBot
gave
these
tokens
to
the
DAO
in
Q2,
which
can
now
be
used
to
vote
on
community
initiatives.
Market
analysts
noted
a
158.09%
increase
in
trading
volume,
reaching
$562.24
million,
indicating
renewed
investor
interest
post-announcement.
While
the
proposal
awaits
final
community
vote
approval,
its
immediate
market
impact
is
clear.
This
follows
an
April
precedent
when
the
BONK
DAO
approved
a
burn
of
278.39
trillion
BONK
tokens
with
a
99.9%
approval
rate.
Previous
token
burns
have
typically
led
to
positive
price
adjustments,
showing
investor
confidence
in
the
token’s
management
and
strategy.
2.
Pepe
(PEPE)
The
PEPE
price
has
rebounded
strongly
from
its
monthly
lows
after
failing
to
maintain
support
at
$0.00000925.
This
has
drawn
significant
buying
interest,
pushing
the
price
close
to
$0.00001.
However,
the
trading
volume
is
still
a
limiting
factor
as
the
buying
momentum
is
fading.
Consequently,
the
price
may
stay
within
a
consolidated
range
for
a
while
before
experiencing
significant
movement.
On
Monday,
meme
coins
saw
a
strong
rally,
with
popular
tokens
like
Bonk
and
Pepe
among
the
top
performers
in
the
market.
The
frog-themed
Pepe
token
was
the
second-best
performer,
with
holders
seeing
profits
of
over
15%
in
the
last
24
hours.
The
Ethereum-based
token
also
increased
its
trading
volume
by
63%
to
$1.15
billion,
the
highest
among
meme
coins.
The
PEPE
price
has
been
moving
upward
within
a
parallel
channel
for
several
months.
Recently,
a
bearish
trend
pushed
the
price
below
the
support
level.
However,
instead
of
continuing
to
fall,
the
price
started
to
rebound.
The
RSI
also
reversed
after
hitting
the
lower
limit.
Meanwhile,
the
MACD
is
close
to
a
bullish
crossover,
indicating
that
buying
pressure
may
soon
increase.
Until
then,
the
price
might
stay
stable
before
experiencing
a
significant
rise
beyond
$0.000012.
3.
Pepe
Unchained
(PEPU)
Pepe
Unchained
($PEPU)
surpasses
expectations
by
raising
over
$2.85
million
in
presale
funds.
On
Saturday,
the
new
meme
coin,
which
operates
on
its
own
blockchain
built
on
Ethereum,
had
already
crossed
the
$2.5
million
mark.
It
then
added
another
$250,000
within
24
hours.
Unlike
the
broader
crypto
market,
Pepe
Unchained
is
approaching
the
$3
million
milestone
this
week
and
may
reach
it
before
its
one-month
anniversary.
Elsewhere
in
the
market,
caution
prevails.
Currently
priced
at
$0.0083258,
the
$PEPU
price
is
set
to
increase
to
$0.00835910
in
less
than
two
days
during
the
next
presale
stage.
Pepe
Unchained’s
presale
success
stands
out
against
the
market’s
recent
bearish
trend.
While
the
broader
crypto
market
has
shifted
towards
fear,
as
indicated
by
a
drop
below
the
40
level
on
the
CoinMarketCap
Fear
&
Greed
Index,
Pepe
Unchained’s
presale
activity
suggests
“extreme
greed.”
Raising
$250,000
in
just
over
24
hours
represents
a
10%
increase,
while
most
other
coins
are
losing
value.
Investors
are
excited
about
Pepe
Unchained
because
it
offers
significant
improvements
over
its
predecessor,
$PEPE.
With
$PEPU
tokens,
investors
enjoy
lower
gas
fees
and
faster
transaction
speeds,
thanks
to
its
own
Layer
2
chain
built
on
Ethereum.
Pepe
is
hard
at
work!His
Layer
2
blockchain
is
coming
out
soon.
Stay
tuned
for
the
launch!
????
⚒️
pic.twitter.com/ouHZNluT0n—
Pepe
Unchained
(@pepe_unchained)
July
5,
2024
Having
its
blockchain
enhances
Pepe
Unchained’s
potential.
It’s
not
just
a
single
token
but
the
foundation
for
a
new
ecosystem
that
includes
DeFi,
NFTs,
other
meme
coins,
and
even
AI-related
tokens.
Pepe
Unchained
has
all
it
takes
to
put
it
among
upcoming
cryptocurrencies
to
explode.
Join
now
to
secure
your
stake
before
the
market
turns
bullish
and
propels
$PEPU
investors
to
new
heights.
Visit
the
Pepe
Unchained
Presale
4.
Ultra
(UOS)
Ultra
is
a
platform
for
publishing
video
games
and
related
content.
Its
mission
is
to
break
the
monopoly
of
platforms
like
Steam
and
offer
developers,
players,
and
influencers
new
opportunities.
Ultra
aims
to
provide
a
fairer
solution
for
both
players
and
developers.
Players
can
enjoy
instantly
playable
games,
earn
UOS
using
the
platform,
and
access
exclusive
games.
Developers
benefit
from
better
marketing
tools
and
the
potential
for
20%
higher
sales
revenue.
In
addition
to
game
publishing,
Ultra
offers
advertising
platforms
for
both
the
demand
and
service
sides,
players’
ability
to
resell
used
games,
and
a
platform-exclusive
app.
Ultra
distinguishes
itself
by
building
a
top-tier
PC
game
publishing
platform
that
can
outperform
current
solutions.
This
infrastructure
provides
specific
advantages
to
developers
and
players,
helping
Ultra
achieve
its
goals.
Today,
the
UOS
price
is
$0.09161,
up
12.11%
in
the
last
24
hours.
The
market
cap
has
also
grown
by
12.11%,
reaching
$34,636,317,
and
the
24-hour
trading
volume
has
risen
by
148.92%,
hitting
$2,395,143.
????
Giveaway
alert
for
the
Ultra
Community!
????We’re
thrilled
to
offer
5
exclusive
@championsverse
Champions
Mint
WL
spots!
????To
enter:✅
Follow
@ultra_io,
@project_citadel
&
@championsverse
✅
Like
&
RT
this
post
✅
Tag
2
friends
✅
Download
Ultra:
https://t.co/u9gyHfrH9Z…
pic.twitter.com/irWdoLr1Kp—
Ultra
(@ultra_io)
July
8,
2024
With
solid
fundamentals
and
support
from
a
dedicated
crypto
community,
EOS
has
significant
potential.
If
EOS
announces
collaborations
with
other
networks,
its
price
could
surpass
$2
by
2024.
If
the
crypto
market
remains
bullish,
the
average
EOS
price
might
stay
around
$2.19
in
2024.
However,
if
the
market
declines,
the
minimum
EOS
value
could
drop
to
$0.05
in
2024.
5.
Chromia
(CHR)
The
price
of
CHR
has
surged
by
16.50%
in
the
last
24
hours,
with
a
40.02%
increase
in
trading
volume.
Over
the
past
week,
it
has
jumped
by
20.48%,
boasting
a
Year-to-Date
(YTD)
return
of
125.41%.
This
indicates
a
solid
long-term
bullish
trend
for
the
altcoin.
Chromia
(CHR)
is
a
blockchain
platform
and
cryptocurrency
designed
to
provide
scalable
and
decentralized
infrastructure
for
decentralized
applications
(dApps)
and
games.
Its
unique
value
proposition
and
ability
to
reverse
negative
market
trends
and
exceed
the
$0.26
mark
with
an
8%
daily
increase
make
it
a
promising
investment.
This
rally
happened
as
Chromia
joined
the
AWS
Partner
Network,
increasing
its
visibility
and
accessibility.
The
Chromia
team
announced
that
this
would
link
Chromia’s
infrastructure
to
the
AWS
Marketplace
used
by
millions
of
customers.
Furthermore,
the
launch
of
Chromia’s
MVP
Mainnet
on
July
16
is
expected
to
strengthen
its
market
position
further.
Some
milestones
from
the
#Chromia
ecosystem
????MVP
Mainnet
is
coming
on
July
16th
????@MyNeighborAlice
hit
3.5M
txs
on
Appnet
CoA
by
@alliancegamesx
is
already
at
500K
30
node
providers
(&
growing)
Real-world
partnerships
spanning
fashion,
sport,
and
moreJuly
is
gonna
be
big!—
Chromia
|
Power
to
the
Public
(@Chromia)
July
8,
2024
The
MACD
technical
indicator’s
green
histogram
shows
a
constant
decline,
suggesting
reduced
buying
and
selling
pressure
in
the
crypto
market.
However,
the
averages
continue
to
rise,
indicating
a
mixed
sentiment.
If
the
market
can
keep
the
OM
price
above
the
crucial
support
level
of
$0.2580,
the
bulls
may
regain
momentum
and
target
the
upper
resistance
level
of
$0.3430.
This
could
make
CHR
one
of
the
next
cryptos
to
explode.
On
the
other
hand,
if
the
bears
take
over,
the
Mantra
price
could
drop
to
$0.1925
this
month.
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