Next Cryptocurrency to Explode Friday, August 23 — Gala, Core, Nervos Network, Worldcoin
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The
altcoin
market
looks
promising,
and
many
altcoins
are
recording
gains.
Bitcoin
(BTC)
is
still
struggling
to
return
to
its
all-time
high
of
$70K,
hoping
to
find
support
for
its
next
big
move.
Investors
need
to
stay
alert
during
this
consolidation
phase,
as
it
could
be
a
chance
to
catch
a
ride
on
a
rising
trend.
Prices
of
these
various
assets
are
climbing,
even
before
the
market
takes
off
entirely.
That
is
why
today’s
article
is
dedicated
to
identifying
the
next
cryptocurrencies
to
explode
and
inform
investors
and
traders
about
each
token.
Next
Cryptocurrency
To
Explode
Smart
investors
are
anticipating
a
boom
in
the
altcoin
market
and
taking
positions
in
upcoming
tokens
like
the
Crypto
All-Stars.
The
project
aims
to
revolutionize
the
meme
coin
space
with
its
groundbreaking
MemeVault
Ecosystem.
This
post
covers
the
details
of
its
presale.
1.
Gala
(GALA)
Gala
Games
is
a
top
crypto-gaming
platform
known
for
creating
various
games.
Recently,
they
introduced
GalaSwap,
a
decentralized
exchange
for
tokens
on
the
Galachain.
They
also
launched
Music
NFTs,
with
the
official
Gala
Music
token
now
available
on
GalaSwap.
Gala
Games
has
strong
potential,
and
its
price
could
soon
reflect
these
developments.
As
a
decentralized
gaming
platform,
Gala
uses
blockchain
technology
to
offer
different
types
of
games,
including
real-time
strategy,
multiplayer
online
battle
arenas,
and
role-playing
games.
Unlike
traditional
gaming
platforms,
Gala
lets
players
own
their
in-game
assets
as
NFTs
and
use
GALA
coins
for
transactions.
Gala
has
recently
shown
positive
signs,
with
a
6.74%
increase
in
the
last
24
hours
and
over
23%
in
the
past
week.
Currently
ranked
88th
with
a
market
value
of
$716.45
million,
Gala’s
support
from
the
SMA
and
a
bullish
RSI
movement
point
to
more
potential
gains.
If
Gala’s
price
breaks
the
resistance
level
at
$0.02075,
it
could
move
up
to
the
next
resistance
at
$0.02860.
However,
if
bearish
sentiment
takes
over,
the
price
might
drop
to
the
$0.01375
support
level.
Today’s
clue:
Automated
software
used
for
trading
and
tasks.????????Crack
the
code
for
1M
Coins!Play
????https://t.co/eBpZG1UNcU—
Gala
Games
(@GoGalaGames)
August
23,
2024
The
Simple
Moving
Average
(SMA)
supports
the
1D
time
frame,
indicating
strong
bullish
sentiment.
Moreover,
the
RSI
indicator
shows
positive
action,
suggesting
a
favorable
outlook
for
GALA
shortly.
2.
Core
(CORE)
Core
is
a
decentralized
blockchain
platform
that
offers
scalable
and
secure
solutions
for
various
applications.
It
focuses
on
interoperability,
allowing
different
blockchains
to
interact
seamlessly
and
supporting
the
integration
of
multiple
decentralized
applications
(dApps).
By
addressing
common
blockchain
challenges
such
as
scalability,
speed,
and
cost,
Core
aims
to
provide
efficient
and
effective
services.
One
of
Core’s
standout
features
is
its
hybrid
consensus
mechanism,
which
combines
Proof
of
Stake
(PoS)
with
advanced
technologies.
This
innovative
approach
ensures
high
throughput
and
robust
security,
faster
transaction
processing,
and
lower
fees
than
traditional
blockchain
networks.
Additionally,
Core
is
designed
to
be
developer-friendly
by
providing
comprehensive
tools
and
resources
that
simplify
the
creation
and
deployment
of
dApps
on
its
platform.
Grabbed
your
share
of
the
biggest
#CoreIgnitionDrop
Sparks
campaign
ever?????More
than
100
MILLION
Sparks
will
be
dropped
for
those
who
connect
their
X
profile
to
the
Ignition
Dashboard
and
spread
the
word
about
it!Check
out
how????https://t.co/dFieTsUJJA
pic.twitter.com/zVhA0lfHzN—
Core
DAO
????
(@Coredao_Org)
August
22,
2024
Core’s
price
movements
have
recently
indicated
a
shift
in
market
sentiment
from
bearish
to
bullish.
Investors
are
advised
to
exercise
caution
and
carefully
time
their
market
entries.
If
the
price
manages
to
break
through
the
current
resistance
levels,
it
could
confirm
a
sustained
bullish
trend.
At
the
time
of
analysis,
Core
(CORE)
was
priced
at
$1.16,
marking
a
10.85%
increase
within
24
hours.
If
this
upward
trend
continues,
the
price
could
reach
resistance
levels
of
$1.5683
and
even
$2.6908.
However,
if
the
market
turns
and
the
trend
reverses,
the
price
may
decline
towards
the
support
level
of
$0.8596.
Therefore,
monitoring
these
key
levels
is
essential
for
making
informed
investment
decisions.
3.
Crypto
All-Stars
(STARS)
Crypto
All-Stars
is
making
a
splash
as
the
first
ecosystem
to
unite
top
meme
coins
under
one
platform.
This
innovative
project
introduces
a
unique
platform
for
staking
multiple
meme
coins,
regardless
of
their
blockchain,
all
within
a
single
staking
protocol.
At
the
core
of
Crypto
All-Stars
is
MemeVault,
a
pioneering
staking
platform
for
meme
coin
holders.
It
allows
users
to
stake
their
assets
and
earn
$STARS
tokens,
promoting
a
collaborative
environment
among
meme
coin
enthusiasts.
The
meme
coins
featured
on
Crypto
All-Stars
include
popular
names
like
Dogecoin,
Pepe
Coin,
Shiba
Inu,
Floki
Inu,
Brett,
Mog
Coin,
Milady
Meme
Coin,
Turbo,
Toshi,
Coq
Inu,
and
Bonk.
More
meme
coins
are
expected
to
join
the
platform
in
the
coming
months.
Additionally,
users
can
buy
and
stake
$STARS
for
an
impressive
annual
percentage
yield
(APY)
of
2,353%.
MemeVault’s
design
brings
together
the
diverse
world
of
meme
coins
into
one
unified
platform.
It
offers
the
world’s
first
truly
integrated
staking
protocol,
allowing
multi-token,
multi-chain
staking
of
meme
coins.
This
groundbreaking
feature
opens
up
participation
to
holders
of
major
meme
coins
worldwide,
making
it
a
significant
development
in
the
crypto
space.
Excitement
is
building
around
Crypto
All-Stars
as
it
gains
traction
in
its
presale
phase.
The
project
has
already
raised
$696,862.96
out
of
its
$930,561
target.
Currently,
STARS
is
selling
for
$0.0014022,
but
with
a
price
increase
scheduled
in
just
over
two
days,
now
is
the
time
to
act
to
secure
the
best
price
for
this
promising
meme
coin.
Visit
the
Crypto
All-Stars
Presale
4.
Nervos
Network
(CKB)
Nervos
Network
(CKB)
is
working
to
create
a
strong
peer-to-peer
crypto
environment
with
its
dual-layer
blockchain
system.
The
base
layer
uses
Proof-of-Work
and
has
its
currency,
CKByte,
ensuring
network
security
and
resource
management.
Developers
can
use
Nervos
to
build
decentralized
apps
and
smart
contracts,
making
it
a
versatile
platform
with
cross-chain
capabilities.
Investing
in
CKB
offers
entry
into
a
diverse
crypto
space
aiming
to
connect
various
blockchain
systems.
Key
benefits
include
secure
storage
of
smart
assets
and
a
range
of
dApp
functionalities,
making
CKB
a
potential
addition
to
your
portfolio.
Since
its
launch
in
2019,
CKB
has
grown
significantly
within
the
blockchain
world.
In
2024,
the
core
team,
alongside
the
CKB
Eco
Fund
and
CELL
Studio,
launched
the
“BTCKB”
initiative.
This
project
aims
to
integrate
Bitcoin
with
CKB,
enhance
the
blockchain
with
advanced
smart
contract
features,
and
incorporate
Bitcoin
L1
assets
into
CKB.
As
of
press
time,
the
CKB
price
is
$0.009601,
reflecting
a
slight
increase
over
the
last
24
hours.
The
token
trades
30.00%
above
its
200-day
Simple
Moving
Average
(SMA)
of
$0.007369.
A
14-day
Relative
Strength
Index
(RSI)
of
48.15
indicates
the
market
sentiment
remains
neutral.
By
2025,
projections
suggest
a
potential
price
range
between
$0.0140
and
$0.0168,
with
an
average
of
$0.0144.
5.
Worldcoin
(WLD)
Worldcoin
(WLD)
has
recently
shown
mixed
market
performance.
Currently
priced
at
$1.72,
WLD
saw
a
notable
increase
of
7.68%
in
the
last
24
hours.
This
surge
contrasts
earlier
bearish
trends,
hinting
at
renewed
buying
interest
among
traders.
Worldcoin’s
market
cap
has
grown
by
8.83%,
reaching
approximately
$639.98
million,
placing
it
at
#96
on
CoinMarketCap.
Additionally,
trading
volume
has
risen
by
16.92%
to
about
$136.32
million.
This
uptick
in
volume
and
the
price
increase
suggest
strong
market
activity,
likely
driven
by
positive
news
or
a
shift
in
investor
sentiment.
The
volume-to-market
cap
ratio
of
21.27%
indicates
a
high
level
of
trading
activity
relative
to
Worldcoin’s
market
cap.
This
suggests
that
the
market
is
very
active,
with
sufficient
liquidity
to
support
significant
trades
without
drastically
affecting
the
price.
New:
@hyperlane
is
launching
on
World
Chain,
enabling
fast
bridging
capabilities
&
expanding
World
ID
to
external
chains
⚪️????⏩
pic.twitter.com/UeaNkv4Kz6—
Worldcoin
(@worldcoin)
August
20,
2024
Worldcoin
primarily
focuses
on
maintaining
this
momentum
and
breaking
past
the
$1.75
resistance
level.
If
it
succeeds,
the
next
target
could
be
the
$2.00
mark,
a
key
psychological
barrier.
However,
if
WLD
fails
to
hold
its
current
gains
and
falls
below
$1.60,
it
could
retest
lower
support
levels,
possibly
down
to
$1.50.
Meanwhile,
Worldcoin
is
progressing
with
its
identity
verification
system
by
introducing
World
ID
2.0.
This
updated
“digital
passport”
now
integrates
with
platforms
like
Reddit,
Telegram,
and
Mercado
Libre,
aiming
to
streamline
user
logins
and
enhance
security
across
various
applications.
Read
More
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