Next Cryptocurrency to Explode Monday, July 8 — Curve DAO Token, Livepeer, SingularityNet, Jito
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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.
Curve
DAO
Token
(CRV)
Curve
is
a
decentralized
exchange
specializing
in
stablecoin
trading.
It
uses
an
automated
market
maker
(AMM)
for
liquidity
management.
It
has
introduced
a
decentralized
autonomous
organization
(DAO)
with
CRV
as
its
native
token.
This
DAO,
built
on
Ethereum’s
Aragon,
uses
various
smart
contracts
to
manage
user-deposited
liquidity
efficiently.
Curve
is
notable
in
the
DeFi
space
due
to
its
focus
on
stablecoin
trading.
The
DAO
and
CRV
tokens
enhance
profitability
by
rewarding
users
based
on
the
amount
of
liquidity
they
provide
and
the
duration
they
maintain
it.
The
growing
popularity
of
DeFi
trading
has
underscored
Curve’s
significance,
with
AMMs
delivering
substantial
liquidity
and
profits
for
users.
Curve
attracts
DeFi
enthusiasts
who
are
involved
in
yield
farming
and
liquidity
mining.
It
offers
consistent
returns
through
stablecoins
and
generates
income
via
small
fees
paid
to
liquidity
providers.
50M
CRV
locked
in
1
week,
wtf!
pic.twitter.com/nxIJyMUqIL—
Curve
Finance
(@CurveFinance)
July
8,
2024
Recently,
CRV
has
risen
to
$0.2839,
marking
a
6.87%
increase
in
the
past
24
hours.
It
boasts
high
liquidity
with
a
volume-to-market
cap
ratio
of
1.0273,
a
market
cap
of
$341,591,641,
and
a
24-hour
trading
volume
of
$117,196,808.
The
14-day
RSI
is
56.19,
indicating
neutral
trading.
Over
the
last
30
days,
CRV
has
had
13
positive
days
(43%)
and
a
30-day
volatility
of
17%.
In
other
news,
Binance
has
announced
the
launch
of
a
new
CRV
perpetual
contract
with
up
to
25x
leverage.
This
major
cryptocurrency
exchange
announcement
has
sparked
optimism
in
the
Curve
DAO
Token
(CRV)
market.
This
decision
comes
amid
the
ongoing
CRV
liquidation
crisis,
boosting
the
token’s
price
and
market
sentiment.
The
CRV-USDC
perpetual
contract
went
live
on
Binance
Futures
on
July
4,
2024.
2.
Livepeer
(LPT)
Livepeer
is
the
first
completely
decentralized
live
video
streaming
protocol.
It
aims
to
offer
a
blockchain-based,
cost-effective
alternative
to
centralized
broadcasting.
Producers
can
upload
their
content,
and
Livepeer
manages
reformatting
and
distribution.
Built
on
the
Ethereum
blockchain,
LPT
is
vital
for
network
operations,
securing
the
platform,
and
rewarding
participants.
Livepeer
allows
users
to
use
decentralized
computing
power
and
earn
crypto-economic
rewards.
The
platform
supports
various
applications,
including
pay-as-you-go
content,
auto-scaling
video
services,
uncensorable
live
journalism,
and
video-enabled
DApps.
Additionally,
Livepeer
uses
a
modified
delegated
proof-of-stake
(DPoS)
consensus
mechanism,
which
is
more
environmentally
friendly
and
scalable
than
traditional
proof-of-work
systems.
This,
combined
with
Ethereum’s
extensive
DApp
ecosystem,
improves
the
platform’s
usability
and
security,
making
Livepeer
a
leader
in
the
live
video
streaming
industry.
Wrap
up
ETHCC
with
Happy
Hour
w/
Livepeer!Join
us
on
July
11
from
6:00
PM
to
10:00
PM
GMT+2
at
Reset
in
Brussels.Enjoy
food,
cocktails,
and
live
music
while
discussing
GENerative
AI
and
decentralized
video
creation.Register
here:
https://t.co/NxPKJFSlfR—
Livepeer
(@Livepeer)
July
5,
2024
LPT
has
increased
by
3.97%
in
the
last
24
hours,
with
a
current
value
of
$13.72.
It
has
high
liquidity
with
a
volume-to-market
cap
ratio
of
0.1097,
supporting
intense
trading
activity.
With
an
RSI
of
44.63,
LPT
is
expected
to
trade
sideways,
similar
to
ENS
and
TRAC.
However,
LPT
had
only
ten
green
days
in
the
last
30,
fewer
than
ENS,
TRAC,
and
FTM.
Despite
this,
its
volatility
at
13%
is
higher
than
that
of
ENS
and
TRAC.
Trading
120.83%
above
its
200-day
SMA,
LPT
shows
significant
growth.
Over
the
past
year,
LPT’s
price
has
surged
by
212.88%,
outperforming
77%
of
the
top
100
crypto
assets,
making
it
one
of
the
stronger
gainers.
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.
Exciting
News,
DICE
Community!
????In
the
last
48
hours,
a
massive
3M
$DICE
has
been
staked!
????
Don’t
miss
out
on
this
momentum.Join
the
movement
and
stake
your
$DICE
now!
????Buy
and
stake
$DICE
here:
https://t.co/Pk6R16oOKk
pic.twitter.com/DB2asmB2gC—
Mega
Dice
Casino
(@megadice)
July
5,
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.
SingularityNet
(AGIX)
The
AI
token
SingularityNET
(AGIX)
jumped
by
over
15%
in
the
last
24
hours,
reaching
$0.6088
at
the
time
of
writing.
Despite
facing
a
bearish
trend
and
volatility
over
the
past
month,
AGIX
has
shown
strong
bullish
momentum
in
the
past
24
hours.
Additionally,
the
altcoin
has
increased
by
125.28%
over
the
past
year,
indicating
potential
for
growth.
This
rise
has
brought
its
market
cap
to
$740
million.
Technical
analysis
suggests
that
AGIX
is
gaining
momentum
and
continuing
its
upward
trend.
The
support
level
at
$0.60
has
been
confirmed,
boosting
confidence
in
the
token’s
direction.
Decilizer
predicts
that
AGIX
could
reach
its
$1.40
target
sooner
than
expected.
After
being
rejected
at
the
yearly
high
of
around
$1.40,
AGIX
started
trading
within
a
descending
parallel
channel.
The
price
is
recovering
well
after
bouncing
off
the
support
level,
which
is
expected
to
hold
for
a
while.
The
trading
volume
has
increased,
driven
by
buyers,
suggesting
that
another
bullish
push
could
help
AGIX
break
above
the
upper
resistance
of
the
channel.
In
June’s
edition
of
our
Ecosystem
Roundup,
we
explore
the
latest
updates
on
the
@ASI_Alliance
and
what
happens
to
your
#AGIX
tokens,
celebrate
the
success
of
@DeepFunding
R4,
highlight
community-driven
initiatives
and
share
broader
ecosystem
developments:https://t.co/LzC4xbuPHi—
SingularityNET
(@SingularityNET)
July
1,
2024
The
recent
rise
in
FET
and
AGIX
prices
highlights
growing
interest
in
AI-focused
blockchain
projects.
As
the
merger
into
ASI
approaches
and
potential
collaborations
with
platforms
like
Injective
develop,
these
tokens
might
continue
to
outperform
the
broader
cryptocurrency
market.
If
AI
tokens
continue
to
benefit
from
the
crypto
market,
the
AGIX
coin
price
may
aim
to
reach
an
upper
high
of
$1
soon.
On
the
other
hand,
if
investors
start
taking
profits,
the
SingularityNET
price
could
drop
to
its
lower
support
level
of
$0.380.
5.
Jito
(JTO)
In
December
2023,
the
Jito
(JTO)
token
airdrop
brought
significant
attention
to
the
Solana
blockchain,
which
had
been
experiencing
difficulties.
This
event
also
emphasized
the
importance
of
liquid
staking
on
Solana
and
gave
holders
the
power
to
influence
platform
governance.
For
Solana
community
enthusiasts,
the
introduction
of
JTO
is
significant,
as
it
allows
users
to
participate
in
governing
one
of
the
network’s
largest
liquid
staking
protocols.
Those
engaged
with
the
protocol
will
likely
be
interested
in
the
token.
Looks
like
the
phased
transition
plan
to
StakeNet
is
going
to
pass.The
$JTO
community
showed
up
and
made
their
voices
heard.This
is
what
defi
should
look
like.
You
guys
are
the
best!link:
https://t.co/9icCxQJGsl
pic.twitter.com/tGQ6M9AXXj—
Jito
(@jito_sol)
July
5,
2024
Jito
(JTO)
maintains
a
steady
value,
ranging
from
$2.04
to
$2.75.
This
suggests
that
buyers
and
sellers
are
evenly
matched.
The
coin
is
just
below
its
10-day
moving
average
of
$2.41,
showing
a
slight
upward
trend.
If
Jito
exceeds
the
first
resistance
level
at
$3.07,
it
could
see
further
gains.
Over
the
past
24
hours,
the
JITO
price
has
been
bullish
as
buyers
defended
immediate
support
levels,
leading
to
a
recovery
toward
$2.
The
24-hour
trading
volume
increased
by
25.35%
to
$45.08
million,
indicating
higher
trading
activity
today.
JITO
is
trading
at
$2.04,
up
over
3.20%
in
the
last
24
hours.
Looking
ahead,
Jito
could
reach
the
second
resistance
level
of
$3.72,
representing
a
35%
increase.
Although
the
coin
faced
a
challenging
month
with
a
37%
drop,
its
6-month
growth
of
nearly
55%
shows
strong
potential.
If
buyers
gain
more
strength,
Jito
could
see
significant
growth.
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