The next cryptocurrencies to explode on Friday April 5 – ORDI, LTO Network, IoTeX

adminApril 7, 2024

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Uncertainty remains in the cryptocurrency market, with many hoping there will be a catalyst to spark the next phase of the bull run. Many traders are looking to the halving event as a key pivot point for the cryptocurrency market.

However, it is difficult to predict when the event will be held. Next Cryptocurrency to ExplodeE. Nonetheless, the performance of ORDI, LTO Network, and IoTeX over the past 24 hours shows that there are still gems of value in the cryptocurrency market.

Next Cryptocurrency to Explode

On the other hand, upcoming projects such as the eTukTuk initiative provide investors with the opportunity to participate in the emerging sector. The eTukTuk project leverages blockchain technology to solve real-world problems and has raised approximately $2 million through a TUK token pre-sale. This post reviews the pre-sale offer and other details of the project.

1. ORDI

The cryptocurrency market is going through a moment of uncertainty, but ORDI is taking a different tack. The value of the cryptocurrency, dubbed the leading BRC20 token, is approaching $2 billion. At the time of writing, it had gained over 10% intraday and had a trading volume of around $500 million. The asset’s remarkable performance is largely due to the token’s improving prospects.

A post on Coinbases’ official Twitter handle hinted at ORDI’s permanent listing, which is scheduled for April 11. Coinbase is recognized as the largest trading platform in the United States, and Coinbase International is a global cryptocurrency futures trading platform.

ORDI price chart

ORDI’s anticipated listing on Coinbase provides the visibility needed to attract long-term capital inflows. ORDI’s charts currently do not reflect the expected outlook as volume at the time of writing is 10% lower than 24 hours ago.

Additionally, ORDI’s technical analysis shows significant bullish upside ahead of the token. The Relative Strength Index remains neutral, just touching the 63 mark at the time of writing.

@CoinbaseIntExch Coinbase International Exchange and Coinbase Advanced will be adding support for Ordinals and Worldcoin perpetual futures. The ORDI-PERP and WLD-PERP markets will open after 9:30 AM UTC on April 11, 2024. pic.twitter.com/GYHPBTGBJG
— Coinbase International Exchange 🛡️ (@CoinbaseIntExch) April 4, 2024

Likewise, ORDI’s moving averages suggest further upside potential, as evidenced by the short-term and long-term EMA values. Another indicator of bullish momentum is the MACD value around -1.615.

Ultimately, ORDI has become one of the next cryptocurrencies to explode in the new week, especially as demand for the token grows ahead of its listing. Investors should keep an eye on token trends. More importantly, the upcoming halving provides ORDI with an opportunity to increase visibility.

2. LTO Network (LTO)

The market outlook for LTO Network coins is very optimistic. The coin recorded a price increase of over 18% today, with trading volume increasing by 32%. Rising interest in the RWA sector leads to price action in LTO. Like all other pioneers in the industry, the token is reaping a windfall from growing investor interest.

LTO is typically a layer 1 platform that allows for business setup, workflow management, and document verification and authentication. However, using blockchain for asset tokenization provides new use cases for the platform in the RWA sector. With its growing use cases, it has gained a reputation as one of the best blockchains in Europe.

LTO price chart

The platform recently released an overview of market data, which may have sparked the current rally. According to a post on its Twitter handle, the network had over 260,738 operations and over $40 million was invested on the platform. As a result, almost 35% of the circulating supply is at stake in this project.

⚡️ LTO Network Statistics Report
The week ended on Friday, April 5th.
Network activity – 260,738 operations
Node – 90
Mainnet uptime – 1906 days
Stake Amount – 158,420,049 $LTO #Cryptocurrency pic.twitter.com/4p5jD9HmxA
— LTO Network (@TheLTONetwork) April 5, 2024

As of this writing, LTO has bullish technical data indicating that it could be one of the explosive RWA tokens this quarter. The price is trading close to the $0.27 resistance cluster, showing a relatively strong trend.

Likewise, the bullish potential of the token is validated by its current price above EMA200. Moreover, LTO’s RSI value remains slightly below the oversold zone, indicating that there is more room for a breakout of immediate resistance. This means that if the price level is broken, LTO will be in the $3 range or higher.

3. Ituk Tuk (TUK)

Ituktuk Ticket sales are approaching the peak point. The project recently surpassed $2.8 million and is just a few steps away from completing the next phase. What’s interesting about the eTukTuk project is that it moves to solve transportation problems while also addressing key climate issues.

As a pioneer in space, this project could become a disruptor in transportation space. eTukTuk provides a platform-based economic model to provide transportation relief to developing countries and rewards early investors who join the movement through TUK tokens.

TUK tokens allow holders to profit through staking and price gains upon listing. But it also helps the platform support research and other climate-focused solutions. Investors can participate. Ituktuk We offer a solution by purchasing TUK tokens at a pre-sale price of $0.0295.

We’ve reached a major milestone of raising $2 million in pre-sales!
Thank you for your support.
Rest assured. These funds will fuel our mission for a sustainable future 🚀https://t.co/4kiTWB8U8Z
— eTukTuk (@eTukTukio) March 20, 2024

Discounts run throughout the pre-sale period, but TUK pre-sale prices are deflationary and increase over time. According to the project’s pre-sale page, the price of TUK is scheduled to rise in four days. Therefore, it is best to purchase at the current price to enjoy the discounted price.

Visit eTukTuk Presale

4. IOTX

The widespread adoption of mobile devices has popularized the concept of the Internet of Things (IoT). The quest to connect everything humans use to the Internet has become increasingly attractive as portable devices have become more capable. Currently, blockchain technology is bringing the next generation of IoT. Projects like IoTeX encourage platform users to create a global interface between humans and machines.

Although the project has been underway for over five years, its potential is becoming more realistic as interest in artificial intelligence and DePin technology has recently increased. The token has continued to rise in price since the bull market began as more investors pay attention to its future relevance to human development.

IOTX price chart

In the last 24 hours, IoTeX has recorded a price increase of over 20% and a volume increase of approximately 16%. Interestingly, IOTX holders could see further price rises as the token’s technical data shows the potential for a further upward trend. IOTX price recently crossed above EMA200 and RSI reading is below 70. So the current price has more room to rise.

$50 million invested in IoTeX’s DePIN ecosystem.
funding @snzholding, @ForesightVen, @borderless_cap, @ambergroup_io, @fmgroupxyz, @MetricsVentures, @EV3ventures, @waterdripfund, @Summer Everest & etc.
$50 million will be invested in long-term staking. $IOTXOur DePINsurf… pic.twitter.com/ucbPrbJ5cL
— IoTeX (@iotex_io) April 2, 2024

Also driving the future growth of the platform and underlying assets is the recently announced $50 million allocated to project development across the network. It also stated that a portion of the funds will be allocated to long-term staked IOTX. Therefore, this project has the potential to become a force to be reckoned with in the DePIN sector, especially as the network discovers more use cases.