Next Cryptocurrency to Explode Friday, July 5 — ConstitutionDAO, SafePal, Hivemapper, Subsquid

The
altcoin
market
looks
bullish
as
some
coins
try
to
bounce
back.
Investors
need
to
stay
alert
during
this
consolidation
phase,
as
it
could
be
a
chance
to
ride
a
rising
trend.

Institutional
investors
are
now
paying
more
attention
to
interoperability
and
tokenizing
real-world
assets.
Prices
of
these
assets
are
climbing,
even
before
the
market
takes
off
entirely.
The
objective
is
to
identify
the


next
cryptocurrencies
to
explode

and
inform
investors
and
traders
about
each
token.

Next
Cryptocurrency
To
Explode

Attention
in
the
crypto
market
in
the
coming
month
will
go
toward
the
altcoin
and
meme
coin
sectors
and
making
the
most
of
the
altcoin
market.
Hence,
investors
can
capitalize
on
the
moment
and
take
a
position
in
upcoming
tokens
like
PlayDoge.
PlayDoge
is
a
new
Doge
meme
coin
that
uses
play-to-earn
technology
to
create
a
gaming
economy
with
real
monetizable
value.
This
post
covers
the
details
of
its
presale.

1.
ConstitutionDAO
(PEOPLE)

ConstitutionDAO
was
a
crowdfunding
initiative
started
by
web3
enthusiasts.
They
aimed
to
buy
an
original
copy
of
the
U.S.
Constitution
at
a
Sotheby’s
auction.
Although
they
did
not
win
the
bid,
the
PEOPLE
token,
representing
an
interest
in
ConstitutionDAO,
has
grown
into
a
historically
significant
decentralized
autonomous
organization
(DAO).

Moreover,
the
token’s
community-focused
strategy
has
led
to
a
significant
increase
in
its
price
since
its
launch.
In
the
last
24
hours,
PEOPLE
has
shown
gains
of
over
9%,
indicating
its
short-term
potential.
Over
the
year,
it
has
increased
by
96%
and
600%,
highlighting
its
long-term
growth.
This
rapid
rise
in
popularity
is
due
to
viral
marketing
campaigns
featuring
Nicolas
Cage
memes,
listings
on
major
exchanges,
and
a
robust
and
active
community.

Despite
a
recent
drop
in
the
last
24
hours,
ConstitutionDAO
has
generally
maintained
its
gains
over
a
longer
period.
The
critical
question
is
whether
the
token
can
continue
its
upward
trend
and
reach
new
highs
by
the
third
quarter
of
2024.
This
is
possible
if
the
bulls
can
sustain
their
momentum
despite
potential
selling
pressures
in
the
broader
cryptocurrency
market.

Though
PEOPLE
recently
fell
below
its
$0.10
support
level
and
has
struggled
to
exceed
this
threshold
in
the
past
two
days,
analysts
believe
that
ConstitutionDAO
will
rebound
and
surpass
its
all-time
high,
driven
by
the
bullish
impact
of
Spot
Bitcoin
ETFs.
The
token’s
recent
performance
has
enhanced
its
attractiveness
as
an
investment
option.

2.
SafePal
(SFP)

SafePal,
a
cryptocurrency
wallet
launched
in
2018,
aims
to
help
users
protect
and
grow
their
digital
assets.
It
operates
on
the
BNB
Smart
Chain
(BEP20)
and
offers
software
and
hardware
wallets
accessible
through
the
SafePal
app.
SafePal’s
native
token,
SFP,
has
shown
strong
price
growth
since
the
start
of
the
year,
reflecting
positive
market
sentiment.
Despite
a
7.86%
drop
over
the
past
week,
it
boasts
a
Year-to-Date
(YTD)
return
of
59.54%.

SafePal
is
known
for
its
secure
and
user-friendly
crypto
wallets.
Binance
supports
it,
and
it
enjoys
significant
credibility
and
market
reach.
SafePal
continues
to
expand
its
product
offerings
and
integrate
more
assets,
making
it
attractive
to
traders
seeking
quick
gains
in
the
competitive
crypto
market.

????Excited
to
partner
with

@MultiversX,
a
sovereign
blockchain
for
next-gen
apps
????

MultiversX
mainnet
is
integrated
in
the

@iSafePal
mobile
&
hardware
wallets,
with
browser
extension
&
collabs
to
follow

????:

https://t.co/q9PjqcCWOL
????DL
App:

https://t.co/fBj8jI9ied#SFP

#EGLD

pic.twitter.com/mVT2R8OlB6

—
SafePal
–
Crypto
Wallet
(@iSafePal)

July
5,
2024

The
SFP
token
is
experiencing
a
bullish
reversal
with
a
steady
upward
trend.
After
a
decline
in
early
2022,
the
token
is
gradually
recovering.
It
has
surpassed
the
50-week
EMA
and
faces
resistance
at
the
$0.85
supply
zone.

According
to
Fibonacci
levels,
there
is
consolidation
between
$0.85
and
the
23.60%
level
at
$0.688.
The
ongoing
uptrend
could
lead
to
a
breakout,
as
the
MACD
indicator
signals
a
bullish
crossover,
and
the
50-week
EMA
provides
consistent
support.
If
this
breakout
occurs,
the
token
could
reach
the
$1.66
mark,
targeting
the
overhead
Fibonacci
levels.

3.
PlayDoge
(PLAY)

PlayDoge
($PLAY)

is
attracting
considerable
interest,
having
raised
$5.3
million
during
its
presale.
This
success
reflects
investor
confidence.
The
presale
is
structured
into
40
phases,
each
increasing
the
token
price
slightly.
Currently,
$PLAY
tokens
are
priced
at
$0.00515
each,
and
the
next
phase
is
approaching
soon.

Dogecoin
was
the
first
meme
coin,
leading
to
the
popularity
of
dog-themed
meme
coins.
These
coins
have
consistently
performed
well
and
remain
a
favorite
niche
for
developers.
Many
have
seen
significant
success
over
the
years,
and
this
trend
shows
no
signs
of
stopping.
Given
this
trend,
it’s
no
wonder
that
investors
are
excited
about
the
new
PlayDoge
($PLAY)
project.
The
ongoing
presale
phase
has
hit
several
milestones,
indicating
a
bright
future.

A
key
aspect
of
PlayDoge’s
appeal
is
its
well-planned
tokenomics.
Of
the
total
9.4
billion
$PLAY
tokens,
50%
are
allocated
to
the
presale.
This
strategy
raises
initial
funds
and
ensures
wide
distribution
among
early
adopters,
building
a
solid
community.

Furthermore,
12%
of
the
tokens
are
dedicated
to
staking,
offering
substantial
rewards
to
investors
and
promoting
long-term
holding.
This
helps
stabilize
the
token
price
and
supports
network
security.
The
project
has
also
reserved
10%
of
the
tokens
for
development
funds,
ensuring
ongoing
innovation
and
covering
operational
costs.
Community
rewards
account
for
6.5%
of
the
tokens,
encouraging
user
engagement
and
loyalty.

PlayDoge

is
preparing
to
launch
a
new
mobile
game
after
the
presale
concludes.
This
game
is
a
modern
remake
of
the
classic
Tamagotchi
Pets,
which
sold
over
90
million
copies
worldwide
and
holds
a
special
place
in
the
memories
of
many
adults.
In
this
updated
version,
players
care
for
their
virtual
pets
by
feeding
them,
playing
with
them,
and
completing
mini-games.
Additionally,
they
will
earn
$PLAY
tokens
for
their
efforts.

Visit
the
PlayDoge
Presale

4.
Hivemapper
(HONEY)

Yesterday,
HONEY,
the
native
token
of
the
Solana-based
decentralized
mapping
project
Hivemapper,
saw
a
significant
increase
of
over
40%
while
other
cryptocurrencies
experienced
a
downturn.
Although
HONEY
rose
by
43%,
it
experienced
a
slight
decrease
of
6.75%
and
is
currently
trading
at
$0.06606.
The
daily
trading
volume
of
this
crypto
asset
increased
more
than
16
times,
reaching
approximately
$7.2
million.

Despite
this
impressive
rise,
HONEY
is
still
81%
below
its
all-time
high
of
$0.4315,
which
was
achieved
on
December
7,
2022.
The
decentralized
mapping
network
has
a
circulating
supply
of
1.9
billion
HONEY
tokens
out
of
a
total
supply
exceeding
6.3
billion.

Hivemapper,
a
prominent
entity
in
the
Decentralized
Public
Infrastructure
(DePIN)
space,
aims
to
surpass
Google
Maps,
which
has
over
a
billion
monthly
active
users.
Hivemapper
collects
mapping
data
from
contributors
who
use
Hivemapper
dashcams
in
their
vehicles.
As
these
contributors
drive,
they
map
the
roads
and
earn
HONEY
tokens.
The
amount
of
tokens
rewarded
depends
on
the
demand
for
mapping
specific
roads.

This
cat
is
dripping
in
honey!
????????

https://t.co/aCYy9wfK0N

—
Hivemapper
(@Hivemapper)

July
2,
2024

Both
drivers
and
individuals
who
verify
the
mapping
data
submitted
by
volunteers
benefit
from
this
system,
receiving
payments
in
HONEY
tokens.
The
recent
surge
in
HONEY’s
value
is
attributed
to
the
growth
of
Hivemapper’s
network,
which
has
mapped
over
13.8
million
unique
kilometers.

To
maintain
its
upward
momentum,
HONEY
must
close
above
the
resistance
level
of
$0.0832
and
consistently
stay
above
the
support
level
of
$0.0722.
Failing
to
maintain
these
levels
could
result
in
the
token
losing
its
recent
gains
and
potentially
reverting
to
previous
price
levels.

5.
Subsquid
(SQD)

Subsquid
Network
is
a
decentralized
data
lake
and
query
engine
that
offers
developers
efficient
and
permissionless
access
to
data.
Its
goal
is
to
create
a
neutral
and
open
internet
based
on
Web3
principles.
The
network
uses
ZK
proofs
for
security
and
features
a
modular
architecture,
ensuring
high
scalability
and
convenience
for
developers.

This
setup
is
perfect
for
blockchain
indexing,
dApp
development,
and
analytics.
Additionally,
Subsquid
Network
provides
a
decentralized
alternative
to
centralized
infrastructure
firms,
including
major
RPC
and
API
providers.
Its
economic
model
eventually
aims
to
reduce
data
costs
for
Web3
developers
to
zero.

SQD
is
priced
at
$0.1065
at
press
time,
marking
a
13.22%
increase
over
the
past
seven
days.
The
token
has
had
16
positive
days
in
the
last
30
days.
Recently,
Subsquid
announced
a
partnership
with
Guru
Network
to
expand
data
coverage
for
Web3
and
AI
processors,
including
non-EVM
ecosystems.

While
sentiment
might
be
bearish,
it’s
never
a
real
bear
for
data.

Subsquid
Network
continues
doing
numbers:

–
726
Worker
Nodes
Online
–
529
TB
Data
Stored
–
9
TB
Data
served
in
the
past
24
hours

Become
part
of
the
success:

https://t.co/7nLwlslof2

pic.twitter.com/B6cwNhrATH

—
SQD
(@subsquid)

June
27,
2024

The
Subsquid
SDK
simplifies
integration,
while
the
Guru
Data
Warehouse
aggregates
data
streams
for
AI
processors.
This
partnership
boosts
decentralized
AI-driven
automation,
offering
robust
solutions
for
DeFi,
social
applications,
gaming,
infrastructure
management,
and
the
creator
economy.

In
another
development,
T-Mobile
Deutsche
Telekom
MMS
has
partnered
with
Subsquid,
a
decentralized
data
platform,
to
operate
dedicated
worker
nodes
within
Subsquid’s
decentralized
“data
lake.”
According
to
a
press
release,
this
collaboration
aims
to
enhance
the
security
and
efficiency
of
blockchain
data
retrieval
and
delivery.
Worker
nodes
in
the
Subsquid
network
handle
data
queries
and
retrieve
the
requested
information
from
the
data
lake
for
consumers.

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