Next Cryptocurrency to Explode Tuesday, August 20 — Wormhole, Artificial Superintelligence Alliance, Syscoin, Sun Token

Many
altcoins
are
trying
to
make
a
comeback
as
they
record
significant
gains.
Meanwhile,
Bitcoin
(BTC)
has
returned
to
$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.
Wormhole
(W)

Wormhole
(W)
is
currently
trading
between
$0.23
and
$0.4.
Over
the
past
week,
its
price
has
increased
by
10.38%,
with
a
10.67%
rise
in
the
past
24
hours.
Despite
a
noticeable
dip
last
month,
the
price
prediction
for
Wormhole
remains
bullish.
The
coin
is
trading
0.94%
below
its
recent
cycle
high
but
is
still
44.50%
above
the
low.
Additionally,
it
has
shown
low
volatility,
at
19%
over
the
past
30
days.

Wormhole’s
market
cap
is
$611.68
billion,
and
its
24-hour
trading
volume
is
$38.38
million,
marking
a
significant
72.05%
increase.
This
surge
in
trading
volume
suggests
growing
investor
confidence
in
Wormhole’s
ongoing
developments.

Wormhole
is
well-regarded
for
its
interoperability
platform
that
supports
multichain
applications
and
bridges.
It
provides
access
to
liquidity
and
users
across
over
30
major
blockchain
networks.
This
functionality
covers
various
areas,
including
DeFi,
NFTs,
and
governance,
making
Wormhole
a
vital
component
of
decentralized
ecosystems.

The
Wormhole
network
is
trusted
by
major
players
such
as
Circle
and
Uniswap.
So
far,
the
platform
has
facilitated
over
$40
billion
in
transactions
through
more
than
1
billion
cross-chain
messages.

The
Wormhole
Roadmap

pic.twitter.com/IdwdQUPFQb

—
Wormhole
(@wormhole)

August
14,
2024

Currently,
Wormhole
is
trading
below
its
50-day
simple
moving
average
(SMA).
Despite
this,
market
sentiment
around
Wormhole
remains
positive.
Technical
analysis
shows
that
while
the
coin
is
trading
below
the
crucial
support
level
of
$0.55,
the
trading
chart
hints
at
a
potential
rebound.
With
the
anticipated
bull
run,
Wormhole’s
price
could
reach
$1.

2.
Artificial
Superintelligence
Alliance
(FET)

Artificial
Superintelligence
Alliance
(FET)
is
priced
at
$0.9,
reflecting
an
8%
increase
over
the
past
seven
days.
Investors
are
seeing
profits
supported
by
positive
on-chain
data.
Notably,
the
Daily
Trading
Volume
to
Profit
and
Loss
ratio
has
reached
its
highest
level
since
July
27,
at
2.4.
Additionally,
there
has
been
a
significant
rise
in
the
number
of
large
holders,
or
whales,
of
FET
Coin.

Data
from
Santiment
shows
that
the
number
of
addresses
holding
between
10,000
and
10
million
FET
tokens
has
grown
by
16%
in
just
seven
days.
This
group
now
controls
over
37%
of
the
2.52
billion
token
supply.
The
recent
drop
in
Bitcoin’s
price
has
impacted
FET’s
current
value,
which
is
also
below
its
20-day
moving
average.
For
Bitcoin
to
confirm
the
continuation
of
its
short-term
uptrend,
it
must
close
above
$63,000.
At
the
time
of
writing,
Bitcoin
was
trading
at
$60,940,
with
many
altcoins
seeing
gains
of
5%
or
more.

FET
Coin
could
benefit
from
this
positive
trend.
However,
if
the
market
turns
bearish,
FET
might
retest
the
$0.7
level,
last
seen
during
the
drop
on
August
5.
Conversely,
reclaiming
the
$1
threshold
could
accelerate
its
rally
toward
$1.35.

????
Discover

@Fetch_ai
:
The
Future
of
Decentralized
AI

https://t.co/vOkcUDB8G9
is
revolutionizing
the
AI
landscape
with
its
decentralized
machine
learning
platform,
powered
by
a
distributed
ledger
ecosystem.
It
enables
secure
global
sharing,
connections,
and
transactions…

pic.twitter.com/BD2mFRWg47

—
New
to
The
Street
(@NewToTheStreet)

August
14,
2024

Fetch.ai
(FET)
teamed
up
with
Ocean
Protocol
and
SingularityNET
to
form
the
Artificial
Superintelligence
Alliance
(ASI),
a
project
valued
at
$7.5
billion.
FET
alone
holds
a
market
value
of
$2.2
billion.
In
the
last
24
hours,
FET
has
risen
by
9.30%
and
has
surged
by
332.68%
over
the
past
year,
now
trading
at
$0.9.
With
the
nearest
resistance
at
$1.0663
and
support
at
$0.5763,
FET
has
the
potential
for
a
strong
rally
if
it
breaks
through
these
levels.

3.
Shiba
Shootout
(SHIBASHOOT)

Shiba
Shootout

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

The
project
has
several
innovative
features
designed
to
keep
its
community
actively
involved.
For
instance,
the
Posse
Rewards
referral
program
encourages
users
to
grow
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
focuses
on
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.

????
Want
to
earn
big
for
free?
????
Check
out

#ShibaShootout,
the
new

#crypto
game
with
huge
rewards!

Check
out
the
full
video
here:

https://t.co/356s4q37Eo

pic.twitter.com/qKC9EwAoWN

—
shibashootout
(@shibashootout)

August
19,
2024

Furthermore,
the
Lucky
Lasso
Lottery
system
allows
participants
to
purchase
lottery
tickets
using
Shiba
Shootout
tokens,
with
some
of
the
proceeds
supporting
charitable
causes.
This
feature
adds
the
excitement
of
potential
winnings
while
also
promoting
social
responsibility.
Moreover,
Cactus
Staking
offers
a
fun
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.

Currently,


Shiba
Shootout

is
in
its
presale
phase,
having
raised
$987,564.51
of
its
$1,699,291
target.
The
token
is
trading
at
$0.0199,
but
interested
investors
must
hurry
to
secure
it
at
its
current
price
as
it
will
increase
in
less
than
three
days.
While
the
project
plans
partnerships
for
its
next
phase,
the
primary
focus
remains
building
a
strong
foundation
and
a
vibrant
community.

Visit
the
Shiba
Shootout
Presale
Now

4.
Syscoin
(SYS) 

Syscoin
(SYS)
experienced
a
significant
surge
of
over
60%
after
Binance
introduced
the
SYS/USDT
perpetual
contract.
When
new
trading
pairs
are
added
to
major
platforms
like
Binance,
the
price
of
supported
cryptocurrencies
is
often
increased.
Syscoin’s
price
responded
strongly
to
this
announcement,
jumping
by
more
than
60%
within
24
hours.
At
the
time
of
writing,
SYS
was
trading
at
nearly
$0.16,
marking
its
highest
level
since
early
June,
according
to
CoinMarketCap.

This
price
surge
also
boosted
Syscoin’s
market
cap,
which
exceeded
$121
million
at
the
time
of
writing.
The
trading
volume
supported
this
sharp
increase,
rising
by
220.39%
to
surpass
$273
million.
Moreover,
the
Moving
Average
Convergence
Divergence
(MACD)
indicator
consistently
shows
a
green
histogram,
reflecting
growing
buying
pressure
in
the
crypto
market.

????

$SYS
is
now
available
for
futures
trading
across
three
major
exchanges:

@Binance,

@MEXC_Official,
&

@Gate_io!

????️
Customers
with
access
to
these
exchanges
can
now
make
prediction-based
trades
on

#Syscoin
with
up
to
50x
leverage.

—
Syscoin
(@syscoin)

August
19,
2024

Additionally,
the
Simple
Moving
Average
(SMA)
indicator
has
formed
a
positive
curve,
suggesting
that
SYS’s
price
could
continue
to
rise.
If
the
market
gains
more
momentum,
Syscoin’s
price
might
aim
for
its
upper
resistance
level
of
$0.1630
in
the
coming
weeks.
However,
if
bearish
forces
take
over,
the
altcoin
could
retest
its
crucial
support
level
of
$0.0670.

5.
Sun
Token
(SUN)

The
current
price
of
SUN
stands
at
$0.01209,
showing
a
significant
19.69%
increase
in
the
last
24
hours.
The
market
cap
has
also
risen
by
20.22%,
reaching
$120,757,724.
The
24-hour
trading
volume
has
also
surged
by
158.20%,
totaling
$53,880,306.
Moreover,
SUN
is
trading
47.95%
above
its
200-day
simple
moving
average
(SMA)
of
$0.008192.

Despite
a
Fear
&
Greed
Index
of
30,
indicating
a
level
of
fear,
the
sentiment
around
SUN
remains
bullish.
The
recent
increase
in
price
and
trading
volume
suggests
growing
optimism
and
a
potential
uptrend
for
the
token.

SUN.io,
TRON’s
first
one-stop
platform,
supports
stablecoin
swaps,
token
mining,
and
self-governance.
The
new
SUN
token
offers
holders
various
rights,
such
as
voting,
governance,
value
capture,
and
staking
rewards.

With
strong
fundamentals
and
a
supportive
crypto
community,
SUN
shows
potential
for
significant
growth.
If
the
project
secures
collaborations
with
other
networks,
its
price
could
exceed
$0.1
by
2024.
If
the
current
bullish
trend
in
the
crypto
market
continues,
the
average
cost
of
SUN
tokens
could
reach
$1
by
2025.
However,
if
the
market
turns
bearish,
the
price
might
drop
to
a
minimum
of
$0.008
in
2024.

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