Next Cryptocurrency To Explode Friday, April 5 – ORDI, LTO Network, IoTeX
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The
uncertainties
in
the
crypto
market
linger
on,
with
many
hoping
that
there’ll
be
a
catalyst
to
trigger
the
next
phase
of
the
bull
run.
Many
traders
look
forward
to
halving
events
as
a
key
pivotal
point
for
the
crypto
market.
However,
it’s
hard
to
predict
if
the
event
will
usher
in
the
next
cryptocurrencies
to
explode.
Notwithstanding,
the
performance
of
ORDI,
LTO
Network,
and
IoTeX
in
the
last
24
hours
shows
that
the
crypto
market
still
has
gems
to
offer.
Next
Cryptocurrency
To
Explode
On
the
other
hand,
upcoming
projects
like
the
eTukTuk
initiative
offer
investors
a
chance
to
participate
in
emerging
sectors.
The
eTukTuk
project
leverages
blockchain
technology
to
solve
real-world
problems,
and
it
has
raised
about
$2
million
through
the
presale
offering
of
its
TUK
token.
This
post
reviews
its
presale
offering
and
other
details
of
the
project.
1.
ORDI
(ORDI)
The
crypto
market
might
be
going
through
a
moment
of
uncertainty,
but
ORDI
takes
a
different
direction.
The
cryptocurrency
dubbed
the
leading
BRC20
token
is
approaching
the
$2
billion
valuation.
As
of
the
time
of
writing,
it
posted
gains
of
over
10%
intraday
and
a
trading
volume
of
about
half
a
billion
dollars.
The
surprising
performance
of
the
asset
is
due
primarily
to
the
improved
outlook
of
the
token.
A
post
on
Coinbases
official
Twitter
handle
hinted
at
the
ORDI’s
perpetual
listing,
slated
for
April
11th.
Coinbase
is
recognized
as
the
largest
trading
platform
in
the
United
States,
and
Coinbase
International
is
its
global
crypto
futures
trading
platform.
The
anticipation
of
ORDI’s
Coinbase
listing
gives
it
the
needed
visibility
to
attract
funds
inflow
in
the
long
run.
Currently,
ORDI’s
chart
does
not
reflect
the
projected
outlook
as
its
trading
volume
at
the
time
of
writing
is
10%
lower
than
24
hours
ago.
Furthermore,
the
technical
analysis
of
ORDI
shows
a
significant
bullish
upside
ahead
of
the
token.
Its
relative
strength
index
remains
neutral,
slightly
touching
the
63
mark
at
the
time
of
writing.
@CoinbaseIntExch
will
add
support
for
Ordinals
and
Worldcoin
perpetual
futures
on
Coinbase
International
Exchange
and
Coinbase
Advanced.
The
opening
of
our
ORDI-PERP
and
WLD-PERP
markets
will
begin
on
or
after
9:30am
UTC
on
11
APR
2024.
pic.twitter.com/GYHPBTGBJG—
Coinbase
International
Exchange
????️
(@CoinbaseIntExch)
April
4,
2024
Similarly,
ORDI’s
moving
averages
suggest
the
potential
for
more
upside,
as
indicated
by
its
short-term
and
long-term
EMA
values.
Other
indicators
that
show
bullish
momentum
include
the
MACD
value
of
about
-1.615.
Ultimately,
ORDI
became
one
of
the
next
cryptocurrencies
to
explode
in
the
new
week,
especially
as
the
demand
for
the
token
increases
ahead
of
the
listing.
Investors
should
keep
an
eye
on
the
trend
of
the
token.
More
importantly,
the
coming
halving
offers
ORDI
an
opportunity
for
increased
visibility.
2.
LTO
Network
(LTO)
The
market
outlook
of
the
LTO
network
coin
is
quite
optimistic.
The
coin
posted
over
18%
price
increase
today,
with
a
32%
increase
in
trading
volume.
The
increasing
attention
to
the
RWA
sector
generates
LTO’s
price
action.
Like
every
other
pioneer
in
the
industry,
the
token
is
reaping
a
windfall
from
the
growing
investor
interest.
LTO
is
generally
a
layer
1
platform
that
allows
business
setup,
workflow
management,
document
verification,
and
authentication.
However,
using
blockchain
in
asset
tokenization
has
given
the
platform
a
new
use
case
in
the
RWA
sector.
Its
growing
use
cases
have
earned
it
a
reputation
as
one
of
the
leading
blockchains
in
Europe.
The
platform
recently
released
an
overview
of
its
market
data,
which
must
have
triggered
the
current
rally.
According
to
a
post
on
its
Twitter
handle,
there
have
been
over
260,738
operations
on
its
network,
and
over
$40
million
is
staked
on
the
platform.
Consequently,
the
project
has
nearly
35%
of
its
circulating
supply
staked.
⚡️
LTO
Network
Stats
Report
Week
ending
Friday
5th
April.Network
Activity
–
260,738
Operations
Nodes
–
90
Mainnet
Uptime
–
1906
Days
Amount
Staked
–
158,420,049
$LTO#cryptocurrency
pic.twitter.com/4p5jD9HmxA—
LTO
Network
(@TheLTONetwork)
April
5,
2024
At
the
time
of
writing,
LTO
has
upbeat
technical
data
that
indicates
that
it
might
become
one
of
the
RWA
tokens
to
explode
this
quarter.
It
posts
relatively
strong
trends,
with
its
price
trading
close
to
the
$0.27
resistance
cluster.
Similarly,
the
bullish
potential
of
the
token
is
validated
by
its
current
price,
which
is
above
EMA200.
Moreover,
LTO’s
RSI
value
remains
slightly
below
the
oversold
region,
indicating
more
room
to
break
above
the
immediate
resistance—a
breakout
of
the
price
level
positions
LTO
for
prices
above
the
$3
range.
3.
eTukTuk
(TUK)
eTukTuk
presale
is
getting
closer
to
the
pivotal
point.
The
project
recently
crossed
$2.8
million,
only
a
few
steps
from
the
next
milestone.
What’s
fascinating
about
the
eTukTuk
project
is
the
move
towards
solving
major
climate
problems
while
still
resolving
transportation.
As
a
pioneer
in
space,
the
project
could
become
a
disruptor
in
the
transportation
space.
eTukTuk
offers
transportation
relief
to
developing
countries
and
provides
a
platform-based
economic
model
to
reward
early
investors
who
join
the
movement
through
the
TUK
token.
The
TUK
token
lets
holders
earn
through
staking
and
price
gains
upon
listing.
However,
it
also
helps
the
platform
support
research
and
other
climate-focused
solutions.
Investors
can
participate
in
the
eTukTuk
solution
by
purchasing
the
TUK
token
at
the
presale
price
of
$0.0295.
We’ve
hit
a
major
milestone,
raising
$2M
in
our
pre-sale!Thanks
to
our
incredible
community
for
your
support.Rest
assured,
these
funds
will
fuel
our
mission
for
a
sustainable
future
????https://t.co/4kiTWB8U8Z—
eTukTuk
(@eTukTukio)
March
20,
2024
While
the
discount
offer
runs
throughout
the
presale
period,
the
TUK
presale
price
is
deflationary,
increasing
over
time.
According
to
the
project’s
presale
page,
TUK’s
price
will
rise
in
four
days.
Hence,
it’s
best
to
buy
at
its
current
price
to
enjoy
the
discounted
value.
4.
IoTeX
(IOTX)
The
widespread
adoption
of
mobile
devices
popularised
the
Internet
of
Things
(IoT)
concept.
The
quest
to
connect
everything
humans
use
to
the
internet
became
enticing
as
the
power
of
handheld
devices
increased.
Currently,
blockchain
technology
brings
about
the
next
iteration
of
IoT.
Projects
like
IoTeX
incentivize
platform
users
to
create
a
global
interface
between
humans
and
machines.
Even
though
the
project
has
been
around
for
over
5
years,
its
potential
is
more
recently
realized
through
an
increasing
interest
in
artificial
intelligence
and
DePin
technology.
The
token
has
seen
consistent
price
increases
since
the
bull
market’s
start
as
more
investors
pay
attention
to
its
future
relevance
in
human
advancement.
In
the
last
24
hours,
IoTeX
posted
over
20%
price
increase
and
a
trading
volume
increase
of
about
16%.
Interestingly,
IOTX
holders
might
see
further
price
increases
as
the
token’s
technical
data
shows
its
potential
for
further
uptrend.
IOTX
Price
recently
crossed
above
its
EMA200,
and
its
RSI
reading
is
below
the
70
mark.
Hence,
its
current
price
has
more
room
to
grow.
$50M
investment
into
IoTeX’s
DePIN
ecosystem.Funding
from
@snzholding,
@ForesightVen,
@borderless_cap,
@ambergroup_io,
@fmgroupxyz,
@MetricsVentures,
@EV3ventures,
@waterdripfund,
@SummerEverest
&
others.The
$50M
will
be
injected
into
long-term
staked
$IOTX,
our
DePINsurf…
pic.twitter.com/ucbPrbJ5cL—
IoTeX
(@iotex_io)
April
2,
2024
Additionally,
one
of
the
things
that
would
drive
the
future
growth
of
the
platform
and
its
underlying
asset
is
the
recently
announced
$50
million
earmarked
for
project
development
across
the
network.
It
also
said
that
a
portion
of
the
fund
is
allocated
for
the
long-term
staked
IOTX.
Thus,
the
project
has
the
potential
to
become
a
force
to
reckon
with
in
the
DePIN
sector,
especially
as
the
network
finds
more
use
cases.
Read
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