Next Cryptocurrency to Explode, September 20 — Solar, Jupiter, dogwifhat, Altlayer

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Although
cryptocurrency
prices
have
been
falling
for
a
while,
the
overall
feeling
in
the
market
remains
positive.
Recently,
Bitcoin
(BTC)
has
risen
above
$60,000,
and
Ethereum
(ETH)
has
risen
above
$2,500,
providing
some
relief
to
investors.


However,
identifying
the



next
cryptocurrencies
to
explode


is
challenging
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
coins
with
some
potential
and
inform
investors
and
traders
about
each
token. 


Next
Cryptocurrency
To
Explode


Today’s
article
discusses
the
performance
of
potentially
explosive
cryptos
that
investors
should
add
to
their
watchlist.
It
also
includes
a
special
mention
of
Memebet
Token.
This
new
Telegram-based
betting
platform
allows
users
to
bet
using
meme
coins
for
the
first
time,
generating
excitement
among
crypto
enthusiasts.
The
details
of
its
presale
and
the
performance
of
the
top-performing
cryptos
today
are
shared
below.


1.
Reef
(REEF)


Reef
(REEF)
has
experienced
a
strong
rally,
reaching
a
high
of
$0.0048,
its
highest
level
since
March
12.
This
makes
it
one
of
the
top-performing
altcoins
this
month,
with
a
remarkable
670%
increase
from
its
lowest
point.
Its
market
capitalization
now
stands
at
over
$102
million.
Interestingly,
Reef’s
surge
comes
a
month
after
Binance
delisted
it,
suggesting
the
possibility
of
a
short
squeeze,
with
most
of
its
trading
happening
on
platforms
like
Gate.io
and
WhiteBIT.

Reef Price Chart

Reef Price Chart


Reef
Chain
offers
attractive
features,
including
native
token
bridges,
recurring
payments,
and
smart
contract
upgrades.
It
operates
using
a
Nominated
Proof-of-Stake
(NPoS)
mechanism,
which
ensures
scalability
and
low
fees
while
keeping
the
network
secure.
Additionally,
Reef
has
the
support
of
leading
venture
capital
firms
and
powerful
development
tools
like
Remix,
Reefscan,
and
Reef
Wallet.
These
features
make
it
appealing
to
both
developers
and
investors.


Currently,
Reef
is
trading
at
$0.003443,
reflecting
a
9.16%
increase
in
the
last
24
hours.
So
far
this
year,
Reef’s
price
has
risen
by
156.03%,
outperforming
79%
of
the
top
100
crypto
assets.
The
token
trades
140.57%
above
its
200-day
simple
moving
average
(SMA),
with
the
SMA
at
$0.001793.
Reef
has
recorded
21
out
of
30
green
trading
days,
showing
a
positive
trend
for
70%
of
this
period.


With
strong
support
at
$0.0016,
Reef’s
next
target
could
be
$0.0033
soon.
Technical
indicators
suggest
a
bullish
sentiment,
and
Reef’s
price
is
projected
to
rise
by
226.85%,
potentially
reaching
$0.007876
by
mid-October.
However,
this
performance
will
largely
depend
on
the
broader
market,
particularly
Bitcoin’s
stability,
which
often
influences
overall
sentiment
in
the
crypto
space.


2.
Jupiter
(JUP)


Jupiter
(JUP)
has
been
trading
between
$0.69
and
$0.78,
showing
steady
resilience
despite
price
fluctuations
over
the
past
six
months.
Recently,
JUP
experienced
an
11.49%
rise,
reaching
$0.8748,
supported
by
the
10-day
moving
average.
With
increased
buying
pressure,
the
price
could
soon
climb
to
$0.93,
marking
a
potential
30%
gain
from
its
current
levels.
Though
its
recent
performance
has
been
mixed,
JUP
shows
signs
of
strength
and
could
see
a
breakout
as
the
market
recovers.

Jupiter Price Chart


Moreover,
Jupiter
Exchange
recently
made
significant
moves
at
the
2024
Solana
Breakpoint
conference,
announcing
the
acquisition
of
SolanaFM
and
Coinhall.
Jupiter,
one
of
the
largest
decentralized
exchanges
(DEX)
on
Solana,
according
to
DappRadar
data,
is
also
set
to
launch
its
Jupiter
Mobile
app.
This
new
app
aims
to
onboard
millions
of
users
into
the
Solana
ecosystem,
boosting
the
platform’s
market
presence.


Jupiter’s
acquisition
of
Coinhall,
a
top
aggregator
on
the
Cosmos
Chain,
adds
more
value
to
its
offerings.
Coinhall
will
integrate
its
expertise
in
real-time
infrastructure
and
cross-chain
solutions
into
Jupiter’s
products,
enhancing
its
capabilities
in
the
Solana
DEX
space. 


Additionally,
Jupiter
is
diversifying
its
services
with
features
like
Limit
Orders,
a
Bridge
Comparator,
DCA/TWAP
tools,
and
Perpetuals
Trading.
As
Solana
continues
to
rise,
Jupiter
is
well-positioned
for
potential
growth
during
the
anticipated
altcoin
season.
These
developments
could
see
Jupiter
playing
a
significant
role
in
future
market
trends,
much
like
the
positive
cycles
seen
in
2021.


3.
Membet
Token
(MEMEBET)



Memebet
Casino
($MEMEBET)


is
gaining
attention
with
its
unique
betting
platform,
built
on
Telegram
and
focused
on
using
meme
coins.
It
has
already
raised
over
$225,000
in
its
early
stages,
exciting
crypto
fans.
The
platform
offers
high-stakes
options,
a
global
sportsbook
featuring
leagues
like
the
EPL
and
NBA,
and
a
range
of
crypto-based
games.
This
focus
on
crypto
enthusiasts,
or
“degens,”
has
fueled
its
growing
popularity. 


The
$MEMEBET
token
started
its
ICO
at
$0.025,
and
early
investors
can
claim
their
tokens
immediately.
As
the
project
enters
its
second
round
of
funding,
the
token
price
is
set
to
increase
slightly
above
$0.0252
in
the
next
two
days.
This
allows
early
investors
to
buy
in
at
a
lower
price
before
demand
spikes
with
the
full
casino
launch.
The
$MEMEBET
token
plays
a
crucial
role
in
the
casino’s
ecosystem,
offering
a
unique
gaming
experience
for
players.


While
meme
coins
like
Dogecoin
($DOGE),
Pepe
($PEPE),
Shiba
Inu
($SHIB),
and
Floki
($FLOKI)
are
accepted
for
bets,
$MEMEBET
remains
the
primary
token,
enhancing
the
overall
experience.
Investors
interested
in
the
presale
should
act
fast,
as
contributors
can
win
part
of
the
400
million
$MEMEBET
tokens
set
aside
for
airdrops.


High
rollers
who
hold
large
amounts
of
$MEMEBET
tokens
or
wager
the
most
meme
coins
will
receive
VIP
bonuses.
These
bonuses
offer
entry
into
the
Degen
VIP
community,
providing
special
perks
and
access
to
high-stakes
tables.
This
feature
could
help
Memebet
become
one
of
the
top
high-roller
casinos
this
year.



Visit
the
Memebet
Token
Presale


4.
Turbo
(TURBO)


Turbo
($TURBO)
has
seen
a
significant
price
rise,
jumping
over
22%
in
the
past
24
hours.
Currently
trading
at
around
$0.00617,
investors
continue
to
buy
in
despite
the
recent
increase.
However,
some
technical
indicators,
like
the
Relative
Strength
Index
(RSI),
suggest
a
possible
pullback,
as
they
indicate
the
token
might
be
entering
overbought
territory.

Turbo Price Chart

Turbo Price Chart


While
some
analysts
are
uncertain
about
the
sustainability
of
this
upward
trend,
the
TURBO/USD
pair
on
the
4-hour
chart
shows
a
rounded
bottom
pattern.
This
is
a
bullish
reversal
signal,
suggesting
that
the
market
sentiment
may
shift
from
bearish
to
bullish.
Two
days
ago,
Turbo
formed
this
rounded
bottom
between
the
$0.003500
and
$0.004500
range,
signaling
the
start
of
this
potential
rise.


The
RSI
is
60.41,
indicating
that
Turbo
has
not
yet
reached
overbought
conditions,
typically
at
the
70
level.
This
suggests
there’s
room
for
further
gains
before
the
token
becomes
overbought.
Having
broken
through
previous
resistance,
the
next
target
for
Turbo
is
around
$0.006500,
where
some
resistance
may
appear.


Bulls
are
working
to
push
the
price
higher,
while
bears
are
testing
key
support
around
$0.003.
Over
the
past
week,
Turbo
has
risen
by
73.33%;
over
the
last
month,
it’s
up
50.97%,
showing
resilience
in
a
mixed
market.
If
Turbo
successfully
breaks
through
resistance,
it
could
surge
another
34%,
reaching
$0.006.
With
favorable
market
conditions,
Turbo
has
the
potential
for
long-term
growth,
possibly
reaching
50x
returns.


5.
Altlayer
(ALT)


AltLayer
is
an
open,
decentralized
protocol
designed
for
rollups.
It
introduces
an
innovative
concept
called
Restaked
Rollups,
which
enhances
security,
decentralization,
and
interoperability
for
rollups
from
different
stacks
like
OP
Stack,
Arbitrum
Orbit,
Polygon
CDK,
and
ZK
Stack.
By
leveraging
a
restaking
mechanism,
AltLayer
ensures
fast
finality
and
improved
crypto-economic
security.
The
project
has
raised
$22.8
million
through
two
rounds
of
private
token
sales,
with
18.50%
of
the
total
ALT
token
supply
sold
at
$0.008
and
$0.018
per
token.


Currently,
the
price
of
ALT
stands
at
$0.877799,
marking
a
13.20%
increase
in
the
last
24
hours.
Its
market
cap
has
grown
by
the
same
percentage,
reaching
$252.77
million.
The
24-hour
trading
volume
has
also
surged
by
214.60%,
now
at
$159.37
million.
The
market
sentiment
for
ALT
is
highly
bullish,
while
the
Fear
&
Greed
Index
shows
a
neutral
rating
of
54.

Altlayer Price Chart

Altlayer Price Chart


Although
the
Fear
&
Greed
Index
suggests
potential
sideways
trading,
the
rise
in
trading
volume
indicates
growing
optimism
and
the
possibility
of
an
uptrend.
This
positive
outlook
could
drive
further
growth
in
the
token’s
value.


Looking
ahead,
AltLayer
holds
strong
potential.
The
price
could
surpass
$1.52
by
2024
if
it
announces
partnerships
with
other
networks.
In
a
continued
bullish
market,
the
average
price
of
ALT
might
reach
around
$0.857
this
year.
However,
if
the
market
experiences
a
downturn,
the
cost
could
drop
to
a
minimum
of
$0.08.


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