Next Cryptocurrency To Explode Monday, May 20 — ArcBlock, Lido DAO, Gnosis, Dogwifhat

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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.
ArcBlock
(ABT)


ABT,
the
native
token
of
Arcblock,
is
experiencing
a
significant
rally
as
bullish
pressure
increases.
Arcblock
is
a
platform
that
simplifies
the
creation
of
decentralized
applications
(DApps).
The
altcoin
is
priced
at
$4.22,
showing
a
5.67%
increase
in
the
last
24
hours.
Over
the
past
month,
according
to
CoinMarketCap,
ABT’s
price
has
risen
by
87.80%.

Arcblock Price Chart

Arcblock Price Chart


Arcblock
is
based
on
the
Ethereum
blockchain
and
functions
as
an
ERC-20
token.
It
serves
as
a
platform
for
developing
and
deploying
decentralized
web
applications.
Arcblock
promotes
itself
as
a
comprehensive
blockchain
3.0
product
platform,
making
building,
deploying,
and
managing
applications
easier.


Experts
analyzing
ABT’s
daily
price
movements
have
identified
the
potential
for
a
short
to
mid-term
rally.
The
token’s
key
momentum
indicators
are
above
their
respective
center
lines,
indicating
significant
buying
interest.
For
instance,
the
14-day
Relative
Strength
Index
(RSI)
for
ABT
is
46.41,
showing
that
the
cryptocurrency
is
neutral.


These
indicator
values
suggest
market
participants
are
more
inclined
to
accumulate
ABT
than
distribute
it.
If
the
bullish
momentum
continues,
ABT’s
price
could
rise
above
$4.50,
reaching
$4.60.
Should
this
trend
persist,
the
price
might
test
the
upper
resistance
level
of
$5.50
by
the
end
of
the
month.


2.
Mega
Dice
(DICE)



Mega
Dice


is
a
well-known
casino
with
over
50,000
registered
members
and
over
10,000
monthly
active
users.
These
users
have
access
to
thousands
of
games,
sports,
and
eSports
events,
and
they
can
bet
on
them
using
cryptocurrency.


Telegram
casinos
have
rapidly
emerged
as
one
of
the
fastest-growing
sectors
in
online
gambling.
The
ease
of
accessing
a
complete
casino
experience
within
the
Telegram
app
has
attracted
mobile
players
worldwide.


Throughout
its
years
of
operation,
Mega
Dice
had
never
launched
its
own
cryptocurrency—until
now.
The
casino
recently
introduced
its
new
token,
DICE,
which
is
currently
in
its
presale
phase.
This
new
token
has
drawn
significant
interest,
raising
over
$1
million
from
buyers.
This
strong
demand
for
DICE
highlights
the
appeal
of
the
casino’s
offerings,
as
evidenced
by
the
sale
of
more
than
14
million
DICE
tokens
in
the
past
month.


The
presale
is
ongoing,
and
Mega
Dice
recently
announced
on
X
that
it
is
developing
exclusive
DICE
promotions
with
exciting
offers.
Although
the
team
didn’t
share
many
details,
they
mentioned
that
the
Season
1
airdrop
participants
would
soon
see
their
DICE
tokens
in
their
personal
wallets
on
the
platform.


Priced
at
$0.075
per
token,
DICE
has
a
market
cap
of
just
$33
million.
This
is
relatively
low,
given
the
significant
real-world
adoption
of
Mega
Dice’s
platform.
As
a
market
leader
in
GambleFi,



Mega
Dice’s


coin
can
be
worth
billions
of
dollars.
It
could
see
a
50-100x
increase,
making
it
a
strong
contender
for
the
best
presale
of
2024.



Visit
the
Mega
Dice
Presale


3.
Lido
DAO
(LDO) 


Lido
DAO
offers
a
staking
infrastructure
for
various
blockchain
services,
primarily
focusing
on
Ethereum.
Users
can
stake
their
Ethereum
through
this
platform
and
receive
stETH
in
return.
The
protocol
operates
on
Ethereum
using
smart
contracts
that
handle
users’
deposits.
Lido
DAO’s
native
token,
LDO,
functions
as
the
governance
token,
allowing
holders
to
participate
in
governance
proposals
and
vote
on
important
decisions.


Lido
DAO
provides
liquid
staking
for
blockchains
like
Ethereum
and
Polygon,
offering
daily
rewards
without
a
lockup
period.
Users
can
stake
any
amount
of
ETH
and
receive
stETH,
which
can
be
utilized
across
Ethereum
and
L2
blockchains.
The
current
annual
percentage
rate
(APR)
is
2.9%
for
Ethereum
and
4.2%
for
Polygon.

LDO price chart

LDO price chart


The
LDO
token
is
trading
at
around
$1.76,
showing
a
1.02%
increase
in
the
intraday
session.
The
LDO
price
is
below
the
50-day
and
200-day
Exponential
Moving
Averages
(EMA),
indicating
a
past
negative
crossover.
A
strong
upward
trend
could
be
expected
if
the
price
rises
above
these
EMAs.


If
Lido
DAO
(LDO)
proves
to
be
a
good
investment
in
2024,
this
year
could
be
advantageous
for
the
cryptocurrency.
Positive
shifts
in
market
momentum
and
investor
sentiment
might
drive
Lido
DAO
(LDO)
to
reach
$5.
Additionally,
with
future
upgrades
and
developments
in
the
Lido
DAO
ecosystem,
LDO
could
surpass
its
current
all-time
high
(ATH)
of
$11.00
and
set
a
new
ATH.


4.
Gnosis
(GNO)


Gnosis
is
a
decentralized
infrastructure
project
on
Ethereum.
It
seeks
to
encourage
experimentation
and
offer
decentralized
solutions
within
the
Ethereum
ecosystem.
Starting
in
2015
with
an
emphasis
on
prediction
markets,
Gnosis
has
since
grown
to
create
infrastructure
like
Gnosis
Safe.
It
is
a
decentralized
autonomous
organization
(DAO)
and
supports
various
decentralized
applications
(dApps).

Gnosis Price Chart

Gnosis Price Chart


Gnosis
has
faced
a
challenging
market
recently.
Its
price
movements
show
volatility,
fluctuating
between
peaks
and
troughs.
Despite
some
positive
trends
over
the
past
six
months,
short-term
sentiment
remains
bearish.
As
Gnosis
focuses
on
innovative
market
mechanisms
for
decentralized
finance,
these
sentiments
might
impact
its
projects.
Investors
are
closely
monitoring
for
any
signs
of
recovery.


However,
GNO
has
shown
notable
price
movements.
Its
price
is
$307.63,
marking
a
2.08%
rise
in
the
last
24
hours.
Over
the
past
year,
the
price
has
grown
significantly,
increasing
by
167.93%.
Additionally,
it
is
trading
130.50%
above
the
200-day
SMA
of
$134.59,
indicating
strong
bullish
momentum.


5.
Dogwifhat
(WIF)


Dogwifhat
(WIF)
has
long
been
a
popular
memecoin
in
cryptocurrency.
A
large
number
of
investors
have
supported
it,
leading
to
significant
growth.
However,
recent
price
fluctuations
have
negatively
impacted
WIF’s
price.


In
the
last
24
hours,
more
than
$1
million
of
long
positions
were
liquidated
due
to
a
sharp
price
drop.
Despite
this
decline,
the
price
prediction
remains
optimistic,
with
a
Fear
&
Greed
Index
of
70
(Greed).
Additionally,
the
price
of
dogwifhat
tokens
increased
by
3.43%
during
this
time.

dogwifhat Price Chart

dogwifhat Price Chart


WIF
has
experienced
15
positive
days
out
of
the
last
30,
which
is
50%.
The
price
prediction
sentiment
and
the
Fear
&
Greed
Index
indicate
more
token
transactions.
This
suggests
growing
optimism
for
an
upward
trend.


WIF’s
solid
fundamentals
and
the
support
of
a
dedicated
crypto
community
give
it
the
potential
to
reach
new
heights.
If
the
market
remains
bullish,
the
WIF
Coin
could
exceed
$4.80
in
2024.
Assuming
the
positive
trend
continues,
the
average
price
of
WIF
Coin
might
stay
around
$4.47.


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