Next Cryptocurrency to Explode Tuesday, August 13 — SafePal, Saga, Gravity, VGX Token

Many
altcoins
are
trying
to
make
a
comeback
as
they
record
significant
gains.
Meanwhile,
Bitcoin
(BTC)
has
fallen
below
$60,000
and
is
still
hoping
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.
SafePal
(SFP)

SafePal
has
recently
rolled
out
significant
updates
to
enhance
its
platform,
including
integrating
with
MultiversX
(EGLD).
This
allows
users
to
securely
manage
and
trade
EGLD
through
SafePal’s
browser
extension,
mobile
app,
and
hardware
wallets.
Additionally,
a
new
collaboration
with
Kryptos
simplifies
cryptocurrency
tax
calculations
and
portfolio
management.
It
supports
over
2,000
DeFi
protocols
and
more
than
100
exchanges
and
wallets.
These
updates
highlight
SafePal’s
commitment
to
improving
user
experience
and
security
while
addressing
the
complexities
of
crypto
tax
reporting.

Launched
in
2018,
SafePal
transforms
how
users
protect
and
grow
digital
assets
with
innovative
wallet
solutions.
The
platform
offers
both
hardware
and
software
wallets,
all
managed
through
the
SafePal
App.
Notably,
SafePal
was
the
first
hardware
wallet
to
receive
investment
from
Binance,
further
establishing
its
credibility.

Stay
up
to
date
with
the
latest
Crypto
News
provided
by
our
partners

@SoSoValueCrypto

pic.twitter.com/EWof2us5Ry

—
SafePal
–
Crypto
Wallet
(@iSafePal)

August
12,
2024

SafePal
supports
various
popular
cryptocurrencies
and
tokens
on
Ethereum,
Binance
Smart
Chain,
and
TRON
blockchains.
The
platform’s
native
token,
SFP,
plays
a
central
role
in
its
ecosystem
by
offering
discounts,
incentivizing
users,
and
enabling
governance
through
proposals
and
votes
on
new
features.

SFP
is
priced
at
$0.8019,
reflecting
a
3.80%
increase
in
the
last
24
hours.
The
token
shows
high
liquidity,
with
a
volume-to-market
cap
ratio
of
0.0568.
A
14-day
RSI
of
56.59
suggests
a
neutral
market
stance,
possibly
leading
to
sideways
movement.
Over
the
past
month,
SFP
experienced
15
bullish
days,
with
a
30-day
volatility
of
just
2.60%.
Additionally,
trading
37.62%
above
its
200-day
SMA
of
$0.583112,
SafePal
has
appreciated
75%
over
the
past
year,
outpacing
67%
of
the
top
100
crypto
assets.

2.
Saga
(SAGA)

Saga
(SAGA)
experienced
a
price
surge
of
20%
today,
reaching
$1.61.
SAGA’s
total
market
capitalization
is
$160
million
at
the
time
of
writing.
This
increase
follows
an
announcement
made
by
the
Saga
team
on
August
12
through
X,
where
they
introduced
the
Liquidity
Integration
Layer
(LIL).
This
innovative
solution
aims
to
address
the
issue
of
liquidity
fragmentation
in
the
blockchain
space.
The
team
pointed
out
that
the
rise
of
various
chains,
L2s,
and
rollups
has
led
to
this
fragmentation,
which
has
created
complexity
and
a
poor
user
experience.
Saga
aims
to
change
that.

Saga’s
L1
protocol
provides
infinite
horizontal
scalability
through
chainlets.
However,
the
team
clarified
that
this
scalability
no
longer
leads
to
liquidity
fragmentation.
Developers
can
easily
request
chainlets,
but
the
decentralized
nature
of
these
chainlets
has
traditionally
resulted
in
fragmented
liquidity.
LIL
offers
an
integrated
architecture
that
introduces
automatic
composability
to
Saga’s
ecosystem.
This
connects
chainlets
seamlessly,
providing
instant
access
to
tokens,
services,
and
applications
within
and
beyond
the
ecosystem.

Today
we
are
introducing
Saga’s
Liquidity
Integration
Layer
(LIL)
–
a
groundbreaking
solution
to
tackle
liquidity
fragmentation
in
the
blockchain
space.
Here’s
what
you
need
to
know:
????????https://t.co/hH22YXcrc6

pic.twitter.com/A62ikbIAQv

—
Saga
⛋
(@Sagaxyz__)

August
12,
2024

Saga’s
price
increase
followed
a
recovery
from
its
monthly
lows,
forming
a
double-bottom
pattern.
This
pattern
suggests
the
possibility
of
a
bullish
reversal
if
the
price
moves
above
the
pattern’s
neckline.

By
applying
the
Fibonacci
retracement
from
the
recent
swing
high
of
$1.82
to
the
swing
low
of
$0.86,
the
golden
zone
was
identified
around
the
$1.44
level.
The
golden
zone
in
Fibonacci
analysis
is
often
considered
critical
for
potential
reversals.
If
the
bulls
push
the
price
above
this
$1.44
level,
it
could
signal
the
end
of
the
correction
phase
and
the
beginning
of
a
new
bullish
trend.

3.
Shiba
Shootout
(SHIBASHOOT)

Shiba
Shootout

is
a
meme
coin
project
that
transports
its
community
to
a
Wild
West-themed
digital
world.
It
offers
more
than
just
a
typical
cryptocurrency
investment.
Firstly,
it
provides
an
engaging
experience
that
blends
creativity,
competition,
and
community
spirit.

Moreover,
the
project
includes
several
innovative
features
to
keep
its
community
actively
involved.
For
example,
the
Posse
Rewards
referral
program
motivates
users
to
expand
the
community
by
offering
bonus
tokens
for
successful
invitations.
The
Campfire
Stories
sessions
also
allow
members
to
share
their
crypto
adventures,
with
the
most
entertaining
stories
earning
token
rewards.

Shiba
Shootout
also
emphasizes
community
governance
through
its
Token
Governance
Roundups,
where
token
holders
can
vote
on
important
project
decisions.
This
democratic
approach
gives
the
community
a
significant
role
in
shaping
the
project’s
future.

Furthermore,
the
Lucky
Lasso
Lottery
system
enables
participants
to
purchase
lottery
tickets
using
Shiba
Shootout
tokens,
with
some
of
the
proceeds
supporting
charitable
causes.
This
feature
combines
the
excitement
of
potential
winnings
with
a
commitment
to
social
responsibility.

????????
Try
the
Lucky
Lasso
Lottery!
????

Use

#Shiba
Showdown
tokens
to
win
prizes
&
support
causes!
????????
Lock
tokens
in
Savings
Saddlebags
to
earn
rewards!
????????

pic.twitter.com/W8BGAT7df5

—
shibashootout
(@shibashootout)

August
13,
2024

Additionally,
Cactus
Staking
offers
a
visually
appealing
way
for
users
to
grow
their
token
holdings.
By
staking
their
tokens
on
a
digital
cactus
plant,
users
can
watch
their
rewards
grow
over
time,
adding
a
playful
twist
to
the
usual
staking
process.

Shiba
Shootout

is
currently
in
its
presale
phase
and
has
raised
$935,191.71
of
its
$1,699,291
target.
The
token
is
trading
at
$0.0199,
reflecting
increasing
interest
from
early
investors.
While
partnerships
are
planned
for
the
next
phase,
the
project
remains
focused
on
building
a
strong
foundation
and
community.

Visit
the
SHIBASHOOT
Presale

4.
Gravity
(G)

Coinbase
recently
announced
its
plan
to
list
Gravity
(G),
an
Ethereum-based
token,
drawing
significant
attention
from
investors.
The
listing
will
begin
on
August
13,
2024,
provided
liquidity
conditions
are
met.
This
announcement
has
already
impacted
market
trends
and
boosted
the
price
of
Gravity.

After
the
news,
Gravity’s
price
jumped
from
$0.37
to
over
$0.04294,
marking
a
12.48%
increase
within
24
hours.
Gravity’s
market
capitalization
also
rose
to
$310
million,
while
its
24-hour
trading
volume
surged
by
226.26%,
reaching
$87.39
million.
Investors
are
watching
these
developments
closely
as
the
listing
date
nears.

Coinbase
also
announced
a
major
transition
involving
Galxe
(GAL)
tokens,
which
will
convert
to
Gravity
(G).
This
transition
will
occur
on
the
Ethereum
network,
but
users
must
manage
the
process
themselves.
Starting
July
9,
2024,
an
official
GAL
token
transition
portal
will
be
available
to
users
and
will
remain
open
for
at
least
one
year.

Earn
an
extra
boost
when
you
participate
in
the
G
staking
program.

Users
who
stake
G
unlock
a
boost
percentage,
a
multiplier
that
amplifies
the
rewards
you
can
potentially
earn
on
platform
activities.

—
Gravity
(@GravityChain)

August
12,
2024

For
investors,
adding
G
to
Coinbase’s
roadmap
presents
new
opportunities.
It
offers
a
chance
to
get
involved
early
with
a
promising
asset,
potentially
leading
to
significant
rewards
as
the
token
gains
traction.
However,
it
also
carries
risks,
especially
given
the
Experimental
label
that
may
be
applied.

5.
VGX
Token
(VGX)

In
the
last
24
hours,
VGX
has
seen
a
6.39%
increase,
now
trading
at
$0.03736.
After
months
of
decline,
VGX
broke
its
bearish
trendline
and
entered
a
consolidation
phase
in
late
July.
The
bulls
have
found
support
from
the
50-day
SMA,
which
has
helped
maintain
the
price
within
this
consolidation
stage.
This
momentum
has
allowed
the
price
to
approach
the
200-day
SMA.
A
break
above
this
level
could
signal
a
bull
rally
for
VGX.

The
relative
strength
index
(RSI)
for
VGX
is
currently
bullish,
sitting
at
79,
above
the
overbought
region.
This
suggests
strong
bullish
momentum.
The
RSI
could
continue
to
rise,
indicating
even
more
strength
in
the
market.
Additionally,
the
awesome
oscillator
shows
green
bars
trading
at
0.032
above
the
neutral
mark,
giving
buyers
the
confidence
to
enter
the
market
without
significant
risk.

“The
VGX
Foundation
and
Cardano-based
project
Clay
Nation,
have
entered
into
a
partnership
integrating
the

$VGX
token
into
Clay
Nation
through
a
grant
that
offers
VGX
rewards
for
Clay
Nation’s
dedicated
community.”

We’d
like
to
go
into
a
bit
more
detail
in
regards
to
our…

pic.twitter.com/WVNsfMMoTU

—
VGX
Foundation
(@VGXFoundation)

August
10,
2024

Chart
analysis
indicates
that
if
VGX
breaks
out
above
the
falling
wedge
and
receives
continued
support
from
the
50-day
SMA,
its
price
could
surge
to
$0.58.
However,
the
200-day
Simple
Moving
Average
presents
a
potential
hurdle,
with
a
support
level
of
$0.085.
Meanwhile,
VGX’s
market
cap
has
grown
by
7.48%,
reaching
$12,821,369,
while
the
24-hour
trading
volume
increased
by
36.41%,
hitting
$20,250,552.

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