Next Cryptocurrency to Explode Monday, August 12 — UNUS SED LEO, Curve DAO Token, Golem, Sui

The altcoin market appears to be like bullish as some cash attempt to bounce again. Traders want to remain alert throughout this consolidation part, because it might be an opportunity to trip a rising development.

Institutional buyers at the moment are paying extra consideration to interoperability and tokenizing real-world belongings. Costs of those belongings are climbing, even earlier than the market takes off totally. The target is to establish the subsequent cryptocurrencies to blow up and inform buyers and merchants about every token.

Subsequent Cryptocurrency To Explode

Consideration within the crypto market within the coming month will go towards the altcoin and meme coin sectors and benefiting from the altcoin market. Therefore, buyers can capitalize on the second and take a place in upcoming tokens like PlayDoge. PlayDoge is a brand new Doge meme coin that makes use of play-to-earn know-how to create a gaming economic system with actual monetizable worth. This publish covers the main points of its presale.

1. UNUS SED LEO (LEO)

UNUS SED LEO is a utility token throughout the iFinex ecosystem, identified for its superior and distinctive options. One standout innovation is its token buyback system. iFinex makes use of no less than 27% of its month-to-month income to repurchase LEO tokens from the open market. This technique helps preserve the token’s worth, in contrast to many different cryptocurrencies that rely solely on provide and demand.

Moreover, LEO’s uniqueness is intently tied to Bitfinex’s profitability and its function in bettering transparency. Bitfinex dedicates a portion of its earnings to purchasing again LEO tokens, guaranteeing a constant demand. Moreover, common token burns scale back the availability, which helps assist the token’s worth. This technique lowers buying and selling charges for customers and boosts investor confidence.

Presently, LEO is priced at $5.79, with a slight drop of 0.28% within the final day. Regardless of this, it’s buying and selling 51.04% above its 200-day Easy Transferring Common (SMA) of $3.85. Over the previous yr, LEO’s worth has elevated by 45.79%, with 16 inexperienced days within the final 30 days. The 14-day Relative Power Index (RSI) stands at 41.04, indicating a impartial market sentiment.

Looking forward to 2025, LEO reveals potential resulting from optimistic regulatory tendencies and the growing utility of blockchain applied sciences. It might attain a excessive of $7.80, supported by promising developments, favorable market situations, and rising crypto adoption. The common worth is predicted to be round $6.40, with minor fluctuations.

2. Curve DAO Token (CRV)

Curve DAO Token (CRV) is at present buying and selling at $0.2903, with a market capitalization of $338.964 million. Over the previous 24 hours, CRV’s worth has elevated by 15.19%, positioning it at 142 within the cryptocurrency rankings. The every day buying and selling quantity has additionally surged by 198.43%, reaching $149.53 million.

CRV stands out resulting from its technological improvements. It gives environment friendly stablecoin liquidity provision and an automatic market maker (AMM) particularly designed for stablecoins and low-slippage swaps. This technique permits customers to commerce between belongings with very low slippage, even throughout giant trades. This makes CRV a dependable and environment friendly decentralized platform for buying and selling and liquidity, particularly for stablecoins.

 

Furthermore, CRV has shaped strategic partnerships with vital trade gamers like Yearn.finance. This decentralized finance (DeFi) platform helps farming methods and has created the yCRV vault, permitting customers to deposit CRV and earn earnings. Its collaborations with Ren Protocol and Zapper additional strengthen its place within the DeFi area. These partnerships increase its ecosystem, improve its affect, and assist wider adoption.

The quantity of CRV tokens locked in veCRV over the past 2 months simply exceeded CRV emissions (token incentives) produced since Aug 13 final yr, in keeping with @0xcrv_hub information

— Curve Finance (@CurveFinance) August 9, 2024

The common worth of CRV is predicted to be round $30 by 2025. The rising demand and adoption of cryptocurrencies, fueled by the introduction of Ethereum ETFs, are anticipated to contribute to its worth progress. The estimated highest worth of $40 assumes continued progress within the regulatory atmosphere and important progress within the know-how sector.

3. PlayDoge (PLAY)

PlayDoge ($PLAY) has gained important consideration by elevating over $6 million in its presale, even amid final week’s bearish market tendencies. This meme coin, mixed with play-to-earn (P2E) parts, is poised to be one which buyers may remorse lacking out on. PlayDoge gives extra utility than $DOGE and contains a recreation the place customers can personal a digital Shiba Inu pet on their cell units. This distinctive function is one purpose analysts consider PLAY is on monitor to grow to be the subsequent large factor.

PlayDoge has all of the qualities of a standout meme coin. Its vibrant, energetic social media presence is very participating and filled with viral potential. This robust on-line presence has helped it shortly construct a considerable following in only a few months.

What actually units PlayDoge aside within the crowded crypto area is its revolutionary strategy to creating Doge possession extra private. Impressed by the basic Tamagotchi from the ’90s, the upcoming cell recreation permits customers to undertake and take care of a digital Shiba Inu. Gamers can prepare, feed, and work together with their digital pets within the 8-bit world of PlayDoge, all whereas incomes the native token, $PLAY.

Play-to-earn (P2E) cash have confirmed resilient towards market downturns, and PlayDoge is positioned to do the identical. By combining the allure of a meme coin with the advantages of P2E, PlayDoge is about to carry out nicely in each bull and bear markets. Should you’re fascinated with getting concerned earlier than it good points much more buzz, the $PLAY token remains to be obtainable at its presale worth of $0.00528. Nevertheless, act shortly – the worth is about to extend as the present presale stage ends in lower than 24 hours.

Go to the PlayDoge Presale

4. Golem (GLM)

Golem (GLM) is a decentralized platform that permits customers to purchase and promote computational energy for duties similar to synthetic intelligence, CGI rendering, and cryptocurrency mining. This blockchain-based system gives a peer-to-peer marketplace for computing assets, making cloud computing extra reasonably priced and user-controlled. By dividing duties into smaller components, Golem will increase processing velocity and lowers prices in comparison with conventional cloud companies.

Current updates present robust bullish momentum for Golem, with a 48.35% efficiency above the 200-day SMA, indicating its stable progress and market stability. Moreover, Golem skilled 15 inexperienced days out of the final 30, representing 50% of the time, and demonstrated low volatility, making it a comparatively secure asset. Over the previous yr, Golem has grown by 54%, outperforming 54% of the highest 100 crypto belongings, underscoring its aggressive edge.

🚀The Golem ecosystem retains rising and we’re comfortable to announce that @GamerHashCom is beginning preliminary closed beta checks of the Golem AI Supplier module of their App!

This integration marks one other milestone within the progress of the Golem ecosystem. Whereas Modelserve addresses… pic.twitter.com/NwNtBpuzxy

— Golem Community (@golemproject) August 5, 2024

Golem’s (GLM) worth is predicted to achieve a low of $0.5 by 2025. The common worth might be round $1, with a possible excessive of $1.5. This optimistic outlook is pushed by favorable rules, important progress within the tech sector, and easing inflation charges. Furthermore, the introduction of Ethereum ETFs may entice substantial investments into altcoins like GLM.

5. Sui (SUI)

The Sui token has grown remarkably, growing by 93.21% over the previous week. At this time, Sui (SUI) tops the checklist of intraday gainers, rising by 15.18% to $1.06. This spectacular rally is especially resulting from two key developments: Grayscale’s launch of a brand new Sui fund and the transition of the Sui Identify Service to a decentralized protocol.

Presently, SUI is buying and selling at $1.06, with a 24-hour buying and selling quantity of $759.38 million and a stay market cap of $2.75 billion. Moreover, SUI has seen a big improve in Open Curiosity. Knowledge from Coinglass reveals that SUI’s Open Curiosity surged from $56.95 million on August 7 to $180.97 million by August 11, reflecting robust investor confidence within the token’s potential.

🙌 @StashedOfficial within the wild! We like to see it.

And even if you cannot make it to Istanbul for #IBW2024, you’ll be able to at all times #GetStashed in different methods 😏 https://t.co/8TMgzUyxlF

— Sui (@SuiNetwork) August 12, 2024

The rising buying and selling quantity suggests rising demand, as extra buyers are keen to purchase the token, pushing its worth greater. The Transferring Common Convergence Divergence (MACD) indicator on SUI’s every day chart helps this development, with the MACD line above the sign and nil traces indicating a bullish development.

The preliminary goal for SUI is $1.12, a degree final seen on June 8. This goal might be reached if demand for SUI continues to develop and the bullish development holds. Nevertheless, if buyers determine to take earnings after the latest surge, the altcoin’s worth might drop to $0.46, because it did in November 2023.

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