Next Cryptocurrency to Explode Friday, July 12 — FTX Token, MANTRA, SingulrityNet, XRP
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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.
FTX
Token
(FTT)
FTX
is
a
centralized
crypto
exchange
started
by
Sam
Bankman-Fried
in
2019.
Major
trading
firms
like
Almeda
Research,
OTPP,
Temasek,
BlackRock,
Coinbase
Ventures,
and
Sequoia
Capital
support
it.
By
2022,
FTX
had
over
a
million
registered
users
and
daily
trading
volumes
in
the
billions.
After
FTX
collapsed
in
November
2022,
the
FTT
token’s
value
plummeted.
It
dropped
from
$25.43
in
October
2022
to
$1.62
in
November
2022.
Since
then,
the
FTT
token
has
experienced
significant
fluctuations
but
remains
far
from
its
previous
high.
FTX
has
created
a
repayment
plan
to
address
its
financial
obligations.
This
plan
involves
using
a
portion
of
reserved
FTT
tokens
to
compensate
affected
users.
The
goal
is
to
restore
trust
and
maintain
FTX’s
reputation
as
a
reliable
trading
platform.
The
repayment
plan
comes
after
financial
discrepancies
and
aims
to
correct
past
mistakes
and
reassure
users.
Experts
generally
view
FTX’s
repayment
plan
as
a
strong
move
towards
financial
responsibility.
FTX
shows
commitment
to
its
users
by
addressing
past
issues,
which
could
positively
affect
FTT’s
future.
Economic
analysts
suggest
that
if
FTX
manages
the
repayment
process
effectively,
FTT
could
see
significant
growth.
Currently,
FTT
is
priced
at
$1.30,
reflecting
an
8.23%
increase
in
the
last
24
hours.
The
market
cap
has
also
risen
by
12.55%,
now
at
$502,428,205.
Despite
the
bearish
price
predictions,
the
Fear
&
Greed
Index
is
at
71
(Greed),
indicating
a
rise
in
token
transactions
and
growing
optimism
for
an
uptrend.
2.
MANTRA
(OM)
MANTRA
DAO
is
a
DeFi
platform
managed
by
its
community.
It
offers
various
financial
services
like
staking,
lending,
and
governance.
This
focus
on
community
involvement
and
strong
DeFi
solutions
has
attracted
considerable
attention.
The
platform’s
growing
ecosystem
and
strategic
partnerships
highlight
its
potential
for
long-term
growth.
MANTRA
(OM)
has
been
fluctuating
between
$0.71
and
$0.99,
showing
a
battle
between
bears
and
bulls.
Despite
recent
declines,
the
token’s
price
has
surged
over
1300%
in
the
past
six
months.
It
is
stabilizing
just
below
its
10-day
Simple
Moving
Average
of
$0.97,
with
the
first
resistance
level
at
$1.08.
If
it
breaks
this
resistance,
it
could
target
the
next
level
at
$1.34,
representing
a
potential
40%
increase
from
its
current
range.
The
Relative
Strength
Index
(RSI)
is
at
46.22,
indicating
neutral
conditions
and
potential
for
upward
movement.
????
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Partners
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to
Tokenize
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Million
in
Real
Estate
Assets✅
MANTRA
and
MAG
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to
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access
to
luxury
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estate
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technology.This
collaboration…
pic.twitter.com/eVrwOUUa9H—
MANTRA
–
Tokenizing
RWAs
(@MANTRA_Chain)
July
3,
2024
Technically,
the
MANTRA
price
was
above
the
key
20
and
50-day
Exponential
Moving
Averages
at
the
time
of
writing.
This
indicates
a
positive
trend.
The
price
may
continue
to
rise,
forming
higher
lows
and
higher
highs.
There
is
a
potential
supply
zone
at
$1.04.
A
breakthrough
above
this
level
could
confirm
a
bullish
trend
and
increase
prices.
Conversely,
if
the
OM
price
falls,
it
may
drop
back
to
the
$0.70
support
level.
3.
Mega
Dice
(DICE)
Mega
Dice
is
a
GameFi
cryptocurrency
project
on
the
Solana
network.
Recently,
it
raised
over
$1.6
million
and
is
close
to
reaching
$2
million.
The
project
combines
gaming
and
cryptocurrency,
focusing
on
gamblers
on
its
platform
and
holders
of
the
DICE
token.
The
DICE
token
is
currently
priced
at
$0.0866,
but
this
price
will
rise
in
the
next
four
days.
Potential
investors
should
consider
joining
before
these
price
changes.
Mega
Dice
has
introduced
a
Refer
&
Earn
program.
This
program
rewards
users
for
bringing
in
new
participants
by
offering
a
percentage
of
their
referrals’
spending.
Additionally,
the
project
has
launched
an
aggressive
airdrop
strategy,
distributing
$2.25
million
over
three
seasons.
Season
1
focuses
on
active
players
who
bet
at
least
$5,000
within
21
days,
with
a
large
reward
pool
of
$750,000.
Season
2
ended
on
June
28,
and
Season
3
continues
to
offer
these
incentives,
adding
another
$1.5
million
for
consistent
activity
until
the
DICE
token
is
listed
on
exchanges.
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pic.twitter.com/lHw2VNdAbz—
Mega
Dice
Casino
(@megadice)
July
11,
2024
In
addition
to
airdrops,
token
holders
can
earn
rewards
through
staking,
receiving
daily
payouts
based
on
the
casino’s
profits.
Mega
Dice
also
provides
NFTs
for
VIP
players
and
offers
a
25%
referral
commission
to
boost
engagement
and
participation
on
the
platform.
Overall,
Mega
Dice
provides
an
exciting
opportunity
at
the
crossroads
of
gaming
and
cryptocurrency,
with
various
incentives
and
reward
mechanisms
designed
to
keep
users
engaged.
4.
Beldex
(BDX)
Beldex
is
a
crypto
ecosystem
focused
on
privacy
designed
to
ensure
secure
and
anonymous
transactions
through
various
decentralized
applications
(dApps).
It
includes
privacy-first
apps
like
BChat,
BelNet,
Beldex
Browser,
and
the
Beldex
bridge,
all
of
which
aim
to
enhance
user
confidentiality.
Transitioning
from
Proof-of-Work
(PoW)
to
Proof-of-Stake
(PoS)
has
improved
Beldex’s
scalability,
reduced
costs,
and
sped
up
transactions.
Beldex’s
unique
approach
addresses
privacy
and
anonymity
challenges
in
the
crypto
space
through
its
Ring
Confidential
Transactions
(RingCT)
protocol,
which
conceals
transaction
details.
The
network
uses
the
CryptoNight
hashing
algorithm
and
ring
signatures
to
prevent
transaction
tracing.
Users
can
run
master
nodes
with
a
minimum
of
10,000
BDX
to
stake
tokens
and
validate
transactions,
enhancing
network
security.
The
Beldex
bridge
supports
cross-chain
anonymity,
and
a
coin
burn
mechanism
manages
inflation.
Additionally,
the
BDX
token
functions
as
both
a
privacy
coin
and
utility
token,
reinforcing
Beldex’s
commitment
to
private,
secure
data
exchange.
????????????????????????
????????????????????
&
????????????????
????????????????
????????????Topic:
BNS????Where?#Beldex
Discord
#quiz
channel
–
https://t.co/XZRllJnEie⏰When?
01:30
PM
UTC
on
the
12th
of
July,
2024Subscribe
to
our
Medium
Newsletter
to
learn
about
Beldex:
https://t.co/Z0kkcF3OKm
pic.twitter.com/Oi40eQNH2h—
Beldex.bdx
(@BeldexCoin)
July
11,
2024
BDX
experienced
a
7.45%
increase
in
the
last
24
hours,
reflecting
good
short-term
gains.
Despite
its
lower
liquidity,
with
a
0.0034
volume-to-market
cap
ratio,
Beldex
stands
out
with
17
green
days
in
the
past
month—the
highest
among
listed
cryptos.
Its
14-day
RSI
of
65.59
signals
neutrality,
and
a
9%
volatility
indicates
stable
price
movements.
Trading
20.26%
above
its
200-day
SMA
and
with
a
28%
annual
decrease,
Beldex
appears
promising
for
long-term
growth.
Its
higher
frequency
of
positive
trading
days
and
low
volatility
appeal
to
conservative
investors
seeking
stability
over
aggressive
growth.
5.
XRP
(XRP)
The
price
of
the
popular
cryptocurrency
XRP
is
rising
today,
which
is
surprising
given
that
most
of
the
market
is
down.
Since
the
new
trading
session
began,
XRP
has
increased
by
over
1.3%,
reaching
$0.46.
This
price
jump
has
led
to
speculation
about
the
reasons
behind
it.
One
possible
reason
is
the
expectations
or
insider
knowledge
of
the
upcoming
SEC
case
decision
against
Ripple.
Additionally,
there
are
large
inflows
into
investment
funds
focused
on
XRP.
Since
the
start
of
the
year,
these
funds
have
received
over
$18
million
in
capital,
even
as
other
sectors
are
seeing
outflows.
This
trend
is
similar
to
last
year’s,
where
XRP
ETPs
saw
steady
inflows
from
March
to
July
2023.
According
to
CoinMarketCap,
XRP’s
market
capitalization
is
$26
billion,
ranking
it
seventh.
Coinedition
predicts
that
XRP
could
reach
$0.76
by
the
end
of
2024
and
$2.50
by
2030.
Meanwhile,
well-known
crypto
analyst
Cobb
suggests
that
XRP
is
on
the
verge
of
a
significant
bullish
reversal.
Our
new “Try
It”
feature
in
the
Ripple
Payments
API
documentation
lets
developers
test
API
requests
in
real-time
without
logging
in
or
using
real
funds.
Available
now
as
a
lightweight
testing
tool,
customers
can
“try
it
before
they
buy
it”!Learn
more:
https://t.co/rRjynYhuix—
Ripple
(@Ripple)
July
3,
2024
The
“1M
Origin
Cycle
Theory”
also
indicates
that
XRP
is
near
a
major
bullish
turnaround,
suggesting
a
bright
future
for
the
cryptocurrency.
Cobb’s
analysis
breaks
down
XRP’s
market
journey
into
six
key
stages.
The
first
stage
is
the
All-Time
High
(ATH),
where
XRP
reached
its
previous
peak.
The
second
stage
saw
XRP
fall
to
its
lowest
point
during
the
bear
market,
challenging
many
investors’
confidence.
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