Next Cryptocurrency To Explode Wednesday, April 3 – Ethena, Flare, Brett

Skepticism
has
returned
to
the
crypto
market
as
the
prices
of
cryptocurrencies
decline
marginally.
The
trend
has
made
many
crypto
investors
speculate
on
the
return
of
crypto
winter.
However,
a
far-right
wing
of
the
market
believes
that
the
momentary
pullback
in
the
prices
of
assets
presents
an
opportunity
to
identify
the


next
cryptocurrencies
to
explode. 

As
the
bulls
fight
to
take
control
of
the
market,
it’s
best
to
look
objectively
at
the
market
trends
to
identify
the
next
cryptocurrencies
to
explode.
When
the
market
returns
to
an
uptrend,
the
majority
of
the
cryptocurrencies
will
trade
at
prices
that
are
much
higher
than
their
ATH
values. 

Next
Cryptocurrency
To
Explode 

Those
who
got
in
early
when
Bitcoin
was
at
its
lowest
now
hold
BTC,
which
is
worth
multiple
times
their
initial
investment.
However,
the
opportunity
to
own
Bitcoin
is
not
over,
as
a
team
recently
proposed
a
democratized
Bitcoin
mining
initiative
named
Bitcoin
Minetrix.
The
project
is
designed
to
allow
investors
to
mine
Bitcoins
using
the
platform’s
native
cryptocurrency.
The
details
of
Bitcoin
Minetrix
are
included
in
the
article. 

1.
Ethena
(ENA) 

Ethena
is
one
of
the
recent
cryptocurrencies
listed
on
the
Binance
exchange.
Following
its
listing
on
the
platform,
the
price
of
Ethena
has
kicked
into
a
parabolic
trend,
appearing
on
the
list
of
top
gains
for
most
of
this
week.
In
the
last
24
hours,
ENA,
which
is
the
native
cryptocurrency
of
the
project,
has
witnessed
an
increase
of
over
75%
and
a
trading
volume
pump
of
about
75%. 

Ethana
gained
investors’
attention
by
stepping
in
as
a
project
that
would
replicate
the
real-world
money
model
in
the
crypto
ecosystem.
It
is
dubbed
the
synthetic
dollar
protocol.
The
idea
is
to
make
it
into
a
banking
system
that’s
not
dependent
on
the
existing
banking
infrastructure.
As
the
actual
value
of
the
Ethena
protocol
unfolds,
investors
might
see
a
significant
pump
in
the
value
of
its
underlying
asset,
ENA. 

Users
can
now
access
the
following

@pendle_fi
to
begin
earning
20x
Sats:

$100m
pool
on

@0xMantle
boosted
with

@eigenlayer
pointshttps://t.co/1vr2jKUyDx

$100m
pool
on
Ethereum

Existing
users
will
receive
a
20%
bonus
for
entering
these
poolshttps://t.co/CVGkBomxhJ

—
Ethena
Labs
(@ethena_labs)

April
2,
2024

The
ENA,
the
governance
token
of
the
platform,
was
distributed
in
an
airdrop
on
the
2nd
of
April
after
the
successful
completion
of
its
airdrop
program.
The
token
was
distributed
in
proportion
to
the
points
gathered
before
the
first
day
of
the
month.
In
the
meantime,
the
growing
value
of
the
token
makes
it
an
excellent
asset
to
look
into
for
short-term
opportunities. 

However,
investors
have
to
watch
out
for
two
long-term
red
flags
that
threaten
the
sustainability
of
the
project
and
the
short-term
value
of
its
cryptocurrency.
First
is
the
restaking
model
of
the
project’s
USDe,
which
many
fear
follows
the
same
approach
as
Terra’s
UST.
Secondly,
the
over
750
million
ENA
distributed
during
airdrop
would
likely
flood
the
market
at
new
ATH
values.
Hence,
ENA
might
go
through
repeated
cycles
of
price
fluctuations. 

2.
Flare
(FLR) 

Flare’s
performance
in
the
last
24
hours
has
been
quite
remarkable.
The
token
recorded
an
impressive
26%
increase
in
price,
which
has
pushed
its
market
cap
closer
to
the
$2
billion
range.
Today’s
gains
are
not
the
first
of
FLR
in
recent
times,
as
the
token
has
posted
over
29%
gains
over
the
last
7
days. 

The
cumulative
gains
of
Flare
have
helped
holders
who
purchased
in
the
middle
of
the
last
quarter
regain
their
profit.
In
addition
to
FLR’s
growing
price,
the
token
has
also
seen
an
over
800%
increase
in
trading
volume
today,
which
also
accounts
for
the
increasing
value
of
the
asset. 

If
FLR
maintains
its
current
gains,
the
token
will
likely
test
its
ATH
range
before
the
end
of
the
first
month
of
this
quarter.
With
that,
investors
should
watch
the
trends
of
FLR
closely
as
it
would
likely
become
one
of
the
next
cryptocurrencies
to
explode
this
season. 

Flare
proposes
a
new
approach
to
AI,
where
blockchain
integration
leads
to
safer
and
more
accurate
AI.

Learn
how
consensus
learning
can
power
greater
collaboration
in
data-sensitive
sectors.https://t.co/6jF3cEjh5k

pic.twitter.com/w1yDFWO6N4

—
Flare
☀️
(@FlareNetworks)

March
22,
2024

In
addition,
Flare
is
undergoing
radical
upgrades
that
would
give
the
platform
a
competitive
edge
in
the
Oracle
and
AI
space.
A
recent
announcement
on
its
Twitter
account
reveals
the
launch
of
FTSov2,
which
is
believed
to
grant
dApp
developers
access
to
over
1000
data
feeds. 

The
initiative
would
create
a
significant
rise
in
the
demand
for
Flare’s
services,
and
the
use
cases
of
the
FLR
token
are
bound
to
increase
significantly.
FLR’s
chance
of
breaking
its
ATH
value
is
relatively
high,
given
the
recent
upgrades
and
announcements.
Hence,
investors
should
keep
a
close
eye
on
its
trend
this
quarter. 

3.
Brett
(BRETT) 

Brett
is
one
of
the
latest
meme
coin
projects
in
the
crypto
market.
More
importantly,
the
project
taps
into
the
growing
visibility
of
the
Base
chain
since
it’s
built
on
Base.
In
the
last
24
hours,
BRETT
has
gained
over
87%
price
increase,
giving
it
a
market
cap
of
$656
million.
The
project
is
comically
dubbed
Pepe’s
best
friend
because
of
the
position
it
occupies
on
Base. 

Brett
recorded
its
first
ATH
value
at
the
close
of
the
previous
month,
with
a
value
of
$0.085.
However,
the
current
trend
of
the
asset
shows
that
there’ll
likely
be
a
new
ATH
value
soon.
One
factor
that
would
likely
spark
the
momentum
it
needs
to
break
above
its
ATH
is
the
current
sideways
trend
of
the
crypto
market.
As
investors
continue
the
search
for
assets
to
hedge
their
gains
with,
BRETT
and
other
notable
assets
may
become
the
next
cryptocurrencies
to
explode. 

As
Brett
holds
the
position
as
the
second
largest
memecoin
project
on
Base,
investors
can
expect
its
sheer
size
also
to
provide
the
advantage
it
needs
to
reach
new
values.
Ultimately,
it’s
best
to
include
the
token
on
the
watchlist
as
most
fundamental
data
shows
that
it
is
one
of
the
next
cryptocurrencies
with
solid
potential
for
explosive
gains. 

4.
Bitcoin
Minetrix
(BTCMTX)

Bitcoin
Minetrix’s

presale
is
almost
coming
to
an
end,
as
the
project
raised
an
impressive
$12.8
million.
As
the
project
approaches
the
$13.79
million
milestone,
the
chance
of
getting
in
at
a
discounted
value
is
fast
shutting
down.
Thus,
investors
who
wish
to
participate
in
the
next
iteration
of
Bitcoin
mining
have
a
concise
window
to
participate. 

The
project
is
designed
to
democratize
Bitcoin
mining,
an
initiative
that
would
change
how
the
market
mines
cryptocurrencies
forever.
Nonetheless,


Bitcoin
Minetrix

is
not
only
out
to
disrupt
Bitcoin
mining,
but
it’s
also
offering
investors
an
opportunity
to
profit
from
its
cryptocurrency,
the
BTCMTX
token. 

????

@Bitfarms_io
is
gearing
up
for
the

#Bitcoin
halving
with
a
massive
$240
million
investment
in
upgrading
its
mining
equipment!
????

With
the
hash
rate
capacity
tripled
and
efficiency
boosted,
how
do
you
think
this
will
impact
the

$BTC
mining
landscape?

Also
another
breakthrough…

pic.twitter.com/UWDiaEqLfW

—
Bitcoinminetrix
(@bitcoinminetrix)

April
3,
2024

Ultimately,
as
the
project
goes
live
and
its
token
is
listed
on
exchanges,
investors
have
the
opportunity
to
enjoy
dual
rewards.
First,
anyone
can
mine
Bitcoin
with
as
little
as
$10.
Secondly,
the
value
gains
of
BTCMTX
present
an
opportunity
for
investors
to
earn
ROI
on
their
investments.
The
project
presale
page
offers
additional
information. 

Visit
Bitcoin
Minetrix
Presale 

 Read
More