Next Cryptocurrency To Explode Wednesday, April 10 – Theta Fuel, DeXe, MX TOKEN
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Investors
hope
for
a
rate
cut
and
are
being
put
to
the
test
again.
Finding
the
next
cryptocurrencies
to
explode
may
become
more
challenging
following
the
release
of
the
U.S.
CPI.
The
document
shows
an
overall
increase
of
0.4%
in
March
on
a
seasonally
adjusted
basis.
According
to
the
U.S.
Bureau
of
Labor
Statistics
report,
there’s
been
an
increase
of
about
3.5%
in
the
all-items
index
over
the
last
12
months.
This
data
hints
at
an
increasing
inflation
rate.
Consequently,
investors
fear
the
financial
market
may
receive
less
funds
inflow
to
sustain
the
bull
market.
There’s
been
a
reflection
of
the
trend
in
the
intraday
price
actions
of
cryptocurrencies.
Next
Cryptocurrency
To
Explode
On
the
other
hand,
presale
cryptos
are
posting
impressive
numbers
that
investors
can’t
afford
to
ignore.
Slothana,
for
example,
is
one
of
the
projects
showing
remarkable
potential
for
rapid
price
increases.
It
recently
crossed
the
$10
million
milestone
in
its
presale
funding,
and
this
post
captures
the
essential
details
of
its
performance.
It
also
captures
information
that
investors
need
to
know
about
the
project.
1.
Theta
Fuel
(TFUEL)
Theta
has
performed
impressively
in
this
bull
market,
increasing
by
over
200%
since
the
final
quarter
of
last
year.
While
the
Theta
Fuel
token,
TFUEL,
is
markedly
different
from
the
native
cryptocurrency
of
the
Theta
network,
it
benefits
from
the
growing
influence
of
the
platform.
TFUEL
is
used
mainly
for
transactions
within
the
network.
It
functions
within
an
intelligent
contract
economy,
including
fees
and
NFTs.
The
growing
use
cases
of
the
Theta
Network
have
dramatically
increased
the
demand
for
the
TFUEL
token.
Hence,
the
token
has
witnessed
a
significant
surge
in
value.
Moreover,
market
data
reveals
that
TFUEL
may
outperform
several
tokens
if
the
market
returns
to
a
full-scale
bull
market.
At
the
time
of
writing,
the
token
is
in
a
reversal
trend,
with
over
15%
price
dump.
The
TFUEL
price
downward
action
is
not
isolated,
as
several
other
cryptocurrencies
in
the
market
are
posting
losses.
On
the
other
hand,
TFUEL
RSI14
has
given
a
neutral
reading
of
59.
It
means
the
Bulls
still
have
a
chance
of
regaining
the
upper
hand.
EdgeCloud
v1
release
is
coming
May
1,
with
an
EC-powered
GenAI
showcase!
Check
the
release
blog
to
see
how
EdgeCloud
will
revolutionize
cloud
+
edge
computing
w/
the
best
price-to-performance
GPU
power
for
any
AI,
video,
3D
rendering
or
gaming
task.https://t.co/T0FN4yP0CH—
Theta
Network
(@Theta_Network)
April
8,
2024
The
arrival
of
EdgeCloud
in
the
Theta
ecosystem
is
another
pivotal
initiative
to
look
out
for.
According
to
the
post
on
the
network’s
official
Twitter
handle,
the
innovation
would
unlock
and
provide
access
to
artificial
intelligence
to
developers
and
users
in
the
network.
Hence,
TFUEL,
one
of
the
platform’s
most
used
tokens,
would
benefit
from
the
windfall.
Above
all,
investors
should
include
the
token
on
the
watch
list
to
capitalize
on
its
growing
value.
2.
DeXe
(DEXE)
DeXe
protocol
token,
DEXE,
might
be
one
of
the
next
cryptocurrencies
to
explode.
The
token
has
amassed
over
53%
price
increase
in
the
seven
days,
and
it
posted
over
10%
price
increase
today
along
with
over
108%
increase
in
trading
volume.
The
token’s
price
action
comes
from
the
growing
visibility
it
recently
gained
across
the
market.
Firstly,
its
exchange
listing,
particularly
on
Binance,
gave
it
the
initial
upward
momentum.
The
price
pump
resulted
in
multiple
increases
in
value.
However,
a
recent
announcement
by
DWF
labs
posted
on
the
DeXe
official
Twitter
handle
has
generated
a
fresh
round
of
visibility
for
the
token.
Technical
analysis
of
DeXe
shows
that
crypto
could
maintain
its
uptrend
for
a
more
extended
period.
ADI
reading
returns
a
value
of
71,
indicating
a
strong
trend.
Similarly,
DeXe
RSI14
gives
a
value
below
the
70
mark
on
the
daily
time
frame,
a
trend
suggesting
that
the
token
is
not
overbought.
DeXe
Protocol
DAO
has
approved
the
on-chain
proposal
for
a
liquidity
partnership
with
@DWFLabs.Recently,
DWF
Labs
initiated
a
sequence
of
off-chain
and
on-chain
proposals
that
was
finally
approved
by
the
community
and
executed
on-chain.—
DeXe
Protocol✈️#TOKEN2049????
(@DexeNetwork)
April
9,
2024
Hence,
the
bulls
can
fend
off
the
momentary
pullback
of
the
token.
Similarly,
the
moving
average
of
the
token
indicates
that
the
bulls
have
the
upper
hand
and
might
be
able
to
sustain
it
for
the
time
being.
Overall,
investors
should
keep
an
eye
on
the
token’s
price
action
as
its
market
data
shows
an
impressive
uptrend
ahead.
3.
Slothana
(SLOTH)
Slothana
recently
raised
over
$10
million
in
14
days,
making
it
one
of
the
fastest
to
reach
that
milestone
on
the
Solana
chain.
Moreover,
the
Slothana
team
and
its
growing
community
have
achieved
that
edge
against
the
recent
congestion
on
the
chain.
Generally,
the
performance
of
Slothana
presale
demonstrates
the
community’s
resolve
to
push
the
project
to
success.
Thus,
degen
investors
who
wish
to
capitalize
on
this
should
consider
getting
in
early.
A
recent
post
on
the
project’s
official
Twitter
handle
hints
at
exchange
listing.
The
SLOTH
token
would
soon
appear
on
exchanges,
and
those
who
have
committed
time,
resources,
and
effort
to
the
project
would
benefit
from
the
initial
value
gain
that
would.
????
Get
ready
to
blast
off
with
Slothana!
????
We’re
gearing
up
for
launch
and
this
is
your
last
chance
to
grab
your
$SLOTH
????
Don’t
miss
out
on
the
action
as
we
prepare
to
announce
our
official
launch
date.
Watch
this
space.
#slothana
#memecoin—
Slothana
(@SlothanaCoin)
April
8,
2024
At
press
time,
the
SLOTH
is
valued
at
10,000
SLOTH
tokens
to
1
SOL.
The
details
of
how
investors
can
participate
in
the
presale
and
other
essential
information
are
provided
on
the
presale
page.
Likewise,
the
project’s
official
Twitter
handle
equally
offers
further
details.
4.
MX
TOKEN
(MX)
MX
Token
price
today
is
up
by
11%,
despite
the
widespread
dump
across
the
crypto
market.
Its
trading
volume
is
also
up
by
over
80%
intraday,
making
it
one
of
the
best-performing
tokens
today.
At
11.05%,
MX’s
trading
volume
to
market
cap
ratio
shows
growing
investors’
attention
toward
crypto.
Even
though
MX
is
trending
against
the
odds
in
the
market,
it’s
not
this
week.
MX
has
amassed
over
23%
price
increase
in
the
last
seven
days
as
its
price
climbed
from
$4.4
–
$5.8.
At
the
time
of
writing,
MX
is
valued
at
$5.53
after
a
momentary
pullback.
Generally,
a
pullback
is
expected
at
the
current
price
range
as
the
RSI
Value
of
the
asset
is
currently
in
the
oversold
range.
The
value
of
the
short-term
moving
averages
on
the
daily
time
frame
is
also
trending
closer
to
its
current
price.
Thus,
the
pullback
is
the
market
response
to
the
trend.
Nevertheless,
the
MX
token
possesses
immense
potential
due
to
its
role
as
the
native
cryptocurrency
of
the
MEXC
exchange.
Recent
geopolitical
issues
encountered
by
Binance
have
created
avenues
for
contenders
like
MEXC.
The
exchange
has
seen
a
dramatic
surge
in
the
number
of
cryptocurrency
listings.
With
the
growing
relevance
of
MEXC
in
shaping
the
future
of
crypto,
the
MX
token
is
positioned
for
dramatic
price
increases
over
time.
MEXC
Will
Conduct
Futures
System
Upgrade,
During
Which
Futures
Trading
Can
Be
Conducted
as
Normal
(April
14)????Details:https://t.co/vdc9YqXxua
pic.twitter.com/Vhl3EBVTLC—
MEXC
(@MEXC_Official)
April
10,
2024
Moreover,
the
platform
is
upgrading
its
future
trading
services.
Upgrades
provide
fresh
uptrend
momentum
to
cryptocurrencies,
which
implies
that
MX
might
have
an
additional
leg
up
later
in
the
week.
Read
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