Next Cryptocurrency to Explode, September 16 — Beam, Fantom, XinFin Network, Polygon

Many
altcoins
are
trying
to
make
a
comeback
as
they
record
significant
gains.
Meanwhile,
Bitcoin
(BTC)
has
fallen
below
$60,000
again
as
it
still
hopes
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
moving
to
capitalize
on
the
boom
in
the
altcoin
market
and
taking
positions
in
upcoming
tokens
like
the
Shiba
Shootout.
The
project
features
a
unique
Wild
West
design,
combining
this
popular
period
from
American
history
with
the
crypto
frontier.
This
post
covers
the
details
of
its
presale.

1.
Beam
(BEAM)

BEAM
crypto
may
soon
see
a
turnaround
after
a
prolonged
downturn,
with
green
days
possibly
on
the
horizon.
Many
market
analysts
are
optimistic
about
BEAM’s
bullish
potential,
believing
it
could
outperform
other
cryptos.
Previously,
the
market
cap
took
a
major
hit,
dropping
to
$534
million
by
August
5,
2024.

However,
interest
in
BEAM
has
been
rising.
According
to
CoinMarketCap,
the
market
cap
has
surged
nearly
5%,
reaching
$754.67
million,
and
BEAM
now
ranks
78th
among
the
top
100
cryptocurrencies.
There
is
also
growing
demand,
as
shown
by
an
18%
rise
in
spot
volume
to
$13.99
million.
Despite
the
absence
of
many
long-term
holders,
traders
and
cruisers
remain
active,
with
whales
holding
70.25%
of
the
circulating
supply.

An
all
encompassing
ecosystem
????

Beam
is
an
ecosystem
that
offers
you
all
you
need
in
gaming.

????
We
invest
in
games
????️
We
build
games
????
We
empower
games

And
they
all
add
value
to
one
another.

pic.twitter.com/P7o9yRQqZf

—
Merit
Circle
(@MeritCircle_IO)

September
14,
2024

Although
BEAM
saw
a
slight
6.4%
decline
in
the
last
24
hours,
trading
volume
spiked
by
over
61%,
showing
increased
enthusiasm.
Year-to-date,
BEAM
has
risen
over
185%
despite
a
steady
decline
in
recent
months,
which
led
to
a
downward
channel
with
consistently
lower
lows.

In
the
past
16
hours,
BEAM’s
volume
on
Upbit
jumped
by
242.54%,
reaching
$122
million—far
above
the
50-period
average
of
$35
million.
Meanwhile,
Binance
saw
a
39.80%
drop
in
BEAM’s
4-hour
trading
volume,
decreasing
from
$6
million
to
$4
million.

2.
Fantom
(FTM)

Fantom
(FTM)
shows
strong
upward
momentum
with
a
series
of
green
candles.
If
FTM
surpasses
its
current
highs,
it
could
climb
to
the
$0.60–$0.65
range,
marking
a
potential
30%
increase
from
its
current
price.
Last
week,
FTM
pumped
15%,
now
trading
around
$0.50.
What’s
promising
for
FTM
holders
is
that
the
token
defies
the
broader
crypto
market
decline,
gaining
3.5%
in
the
last
24
hours.

The
FTM
chart
reveals
a
descending
broadening
wedge
pattern,
a
bullish
setup
where
the
price
forms
lower
highs
and
lows
between
two
diverging
trend
lines.
This
pattern
often
signals
volatility;
when
the
price
breaks
out,
it
typically
results
in
a
strong
upward
move.

FTM
is
currently
testing
a
key
resistance
zone
between
$0.50
and
$0.56,
an
area
it
struggled
to
break
in
July.
Clearing
this
zone
is
essential
for
a
bullish
breakout.
Additionally,
the
upper
trendline
of
the
wedge
acts
as
resistance,
and
FTM
needs
to
break
above
it
to
confirm
a
breakout.

We’re
bringing
the
all-in-one
trading
solution

@OpenOceanGlobal
to

#Sonic
????

Unlock
the
power
of
a
leading
DEX
aggregator,
cross-chain
swaps,
gasless
limit
orders,
and
DCA
tool
—
with
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hidden
platform
fees!

pic.twitter.com/H3lbi1FdyE

—
Sonic
Labs
(prev.
Fantom)
????
(@0xSonicLabs)

September
16,
2024

If
FTM
breaks
out
of
the
wedge
with
strong
volume,
it
could
trigger
a
significant
bullish
move.
Immediate
resistance
is
$0.56,
aligning
with
the
upper
trendline
and
horizontal
resistance.
If
broken,
FTM
could
target
$1.00
or
higher,
in
line
with
historical
price
levels.

3.
Shiba
Shootout
(SHIBASHOOT)

Shiba
Shootout
($SHIBASHOOT)

has
made
a
strong
start,
raising
over
$1.1
million
in
its
presale.
This
Shiba
Inu-themed
token
with
a
cowboy
hat
is
ready
to
take
on
other
meme
coins
like
DogWifHat
($WIF).
The
token
is
centered
around
Wild
West-style
meme
battles,
where
users
can
compete
by
creating
the
most
outrageous
content.

With
its
successful
presale,
Shiba
Shootout
is
moving
quickly
toward
full
development.
Soon,
the
$SHIBASHOOT
token
will
offer
a
range
of
utilities,
including
opportunities
to
win
crypto
prizes,
participate
in
governance,
and
enter
lotteries.

While
many
dog-themed
coins
struggle,
Shiba
Shootout
introduces
a
unique
twist
with
“Shiba
Gulch,”
a
digital
space
where
users
can
engage
in
meme
battles
for
a
chance
at
winning
$SHIBASHOOT
tokens.
This
creative
approach
brings
back
the
fun
and
excitement
to
the
meme
coin
scene.

“Stop
wasting
time
on
other
memes—$Shibashootout
is
the
real
deal!
????
Don’t
miss
out,
grab
it
before
it’s
too
late
and
get
ready
to
experience
the
showdown
of
a
lifetime!
????????

#Shibashootout

#Crypto

#Memecoin”

pic.twitter.com/jIqTIrPV9d

—
shibashootout
(@shibashootout)

September
14,
2024

Unlike
other
Shiba
Inu
coins,
$SHIBASHOOT
stands
out.
It
offers
rewards
for
the
best
memes
and
storytelling
sessions
in
the
“Campfire
Stories”
area
of
Shiba
Gulch.
Additionally,
it
features
a
lottery
called
“Lucky
Lasso
Lottery,”
where
users
can
win
big
crypto
prizes.

Investors
can
grab
$SHIBASHOOT
at
a
discounted
price
of
$0.0203
per
token,
but
the
price
will
increase
in
less
than
seven
days
as
the
project
moves
into
the
next
funding
round.

Visit
the
SHIBASHOOT
Presale

4.
XinFin
Network
(XDC)

XDC
coin
saw
a
boost
in
value
after
announcing
a
partnership
with
DaoFin.
XDC,
which
operates
on
a
hybrid
public
and
private
blockchain,
performed
solidly
last
year.
Experts
predict
that
by
2025,
the
XDC
Network’s
price
could
reach
$0.11.
This
partnership
with
DaoFin
emphasizes
the
integration
of
artificial
intelligence
and
community
participation,
reshaping
decentralized
governance
on
XDC
Network’s
DAO
platform.

DaoFin
is
an
open-source
smart
contract
framework
built
for
DAOs
on
the
XDC
Network.
It
aims
to
make
decision-making
more
democratic
and
transparent,
allowing
the
XDC
community
to
be
involved
in
decisions
about
bounties,
grants,
and
integrations.

XDC
Network’s
major
milestone,
XDC
2.0
Mainnet
Release,
a
significant
upgrade
that
will
bring
many
improvements,
is
around
the
corner!

This
upgrade
introduces
vital
features
like
enhanced
security,
improved
scalability,
and
faster
transaction
speeds,
which
will
significantly…

pic.twitter.com/bRzuBxOlPj

—
XinFin
(@XinFin_Official)

September
10,
2024

Price
forecasts
for
XinFin
Network
suggest
a
potential
rise
of
over
40%,
with
a
surge
expected
in
the
upcoming
bull
run
this
October.
Technical
indicators
currently
show
a
neutral
sentiment,
and
the
Fear
&
Greed
Index
stands
at
39,
reflecting
fear.
However,
XinFin
Network
had
17
green
days
in
the
last
30
and
recorded
low
price
volatility
of
1.39%.

Although
the
effects
of
Bitcoin
Halving
usually
occur
12-18
months
later,
2024
could
be
different
due
to
increased
institutional
interest
and
better
macroeconomic
conditions.
Based
on
past
trends,
the
XDC
Network
is
expected
to
have
a
minimum
value
of
about
$0.0289
in
2024.

5.
Polygon
(MATIC)

Polygon
uses
Layer
2
technology
to
solve
Ethereum’s
scalability
problems.
By
handling
transactions
off-chain,
Polygon
lowers
gas
fees
and
speeds
up
processes,
making
it
a
popular
choice
for
developers
and
users.
Currently
priced
at
$0.3788
after
a
small
0.55%
drop,
Polygon
is
expected
to
rise
as
demand
for
Layer
2
solutions
continues
to
grow
within
Ethereum’s
ecosystem.

In
2019,
Polygon
gained
attention
at
just
$0.02,
which
mostly
sharp
traders
noticed.
By
2021,
its
price
soared
to
$1.80,
marking
a
huge
9000%
increase.
This
massive
rise
shows
how
Polygon
has
gone
from
a
lesser-known
crypto
to
a
major
player
in
the
market.

ICYMI:
this
week
we
highlighted
liquidity
on
Polygon
PoS
–
and
what
it
means
for
the
AggLayer

1️⃣
DeFi:
$1.95
billion
stablecoin
market
cap

2️⃣
RWAs:

@FTI_US,

@Spiko_finance,

@Hamilton_Lane,
Italian
banks
get
on
the
tokenization
train
????

3️⃣

@Polymarket
&

@Courtyard_io
bringing…

—
Polygon
|
Aggregated
(@0xPolygon)

September
14,
2024

Calling
the
returns
impressive
would
be
an
understatement
for
those
who
got
in
early.
But
was
Polygon’s
success
just
a
stroke
of
luck?
Not
really.
It
was
largely
a
matter
of
timing.
At
the
perfect
moment,
Polygon
tackled
one
of
Ethereum’s
biggest
challenges—scalability.
This
solution,
combined
with
the
rising
popularity
of
DeFi,
fueled
its
growth.

If
you
missed
the
initial
Polygon
hype,
don’t
worry.
History
might
be
repeating
itself,
offering
new
opportunities
for
those
looking
to
get
involved
now.

Read
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