Next Crypto Explosion Friday February 2nd – Solana, Cardano, Avalanche

adminFebruary 3, 2024

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InsideBitcoins continues to provide insight into which cryptocurrencies are expected to grow substantially based on recent price performance.

Additionally, the selected cryptocurrencies demonstrate growth potential, providing investors with a unique opportunity to explore options that could deliver significant returns on their investments.

Next Cryptocurrency to Explode

Solana has demonstrated resilience, with price levels reflecting investor confidence, while Cardano’s digital infrastructure has released its second activity report highlighting operational resilience, education and adoption. Additionally, AVAX price has broken above the resistance trendline of the flag pattern, meaning that the recent correction has revived buyer interest and re-energized momentum, while Meme Kombat’s ongoing pre-sale has provided early backers with a share of the entire MK supply. We offer you the opportunity to secure 50%.

1. Solana

Solana surged in late 2023 before correcting in early 2024. Since then, the token has witnessed significant price fluctuations in the market. Despite these market dynamics, Solana has shown resilience, with price levels reflecting investor confidence.

Moreover, Solana’s market trajectory has been a journey of ups and downs. SOL started October 2023 from a gentle position and experienced a notable surge through Christmas before correcting as the new year began. Despite these fluctuations, digital currencies have shown resilience, offering a potential path toward recovery and growth.

SOL price chart

Additionally, Hayes anticipates a strong investment stance on Solana and several alternative cryptocurrencies if the Bitcoin price falls below $35,000. This reflects his confidence in Solana’s potential recovery and growth. In particular, Hayes’ early bullish comments about Solana in line with the rising price add credibility to his positive outlook. His recent comments have reignited optimism about Solana’s prospects within the cryptocurrency community, especially after the FTX incident.

Solana Ecosystem Call @SuperTeamDAO I’m back 🔜
This time, it’s at US and Europe friendly times! Mark your calendars for February 8th at 10:00 AM PST/18:00 UTC.
RSVP and host or join IRL meetups in over 100 cities around the world👇 https://t.co/W47JicF7Qz
— Solana (@solana) February 2, 2024

Additionally, the token utilized the The plan aims to strengthen the community and establish the cryptocurrency as capable of significant growth.

The current price of Solana is $101.93, and the trading volume in the last 24 hours is $2,577,114,729. During this period, Solana increased by 5.85%. It currently ranks 5th on CoinMarketCap with a real-time market capitalization of $44,438,205,364. The circulating supply consists of 435,975,068 SOL coins. No details are provided on maximum supply.

2. Cardano (ADA)

The Cardano Foundation, a Swiss-based non-profit dedicated to advancing Cardano’s digital infrastructure, has released its second activity report highlighting operational resilience, education, and adoption. To connect Cardano with the global community, the foundation has focused on diversifying and expanding its activities while facing challenges such as implementation complexity and limited familiarity with blockchain technology.

Additionally, in 2023, the Cardano Foundation will actively strengthen its operational resilience through advanced network monitoring for global block propagation. The Foundation proposed CIP-1694 to build a more comprehensive on-chain governance model to ensure active participation of all ADA holders.

ADA price chart

Additionally, hands-on educational initiatives have included partnerships with Petrobras and Merchandise to drive blockchain adoption. Tools such as Cardano Academy and CBCA courses have been made available to a variety of stakeholders, while Cardano Explorer has been developed for high-quality training materials.

That means driving adoption through innovation. The foundation released Aiken, an open source programming language, and introduced tools like Identity Wallet and Ledger Sync for enterprise onboarding. The UNHCR partnership’s progress in raising ADA 5.2 million highlighted its commitment to social impact alongside technological advancements.

In a recent developer blog interview, Derek, co-founder of VESPR Wallet, discusses the development and goals of the wallet. #Cardano ecosystem.
The interview covers features, security measures, the team’s approach to user feedback during the development process, and more. pic.twitter.com/0koxuz0gt2
— Cardano Community (@Cardano) January 29, 2024

However, it is important to note that, unlike the previous year, financial information is scheduled to be disclosed separately in the second half of 2024. Cardano’s price soared 5.11% to $0.517667 in the last intraday session. However, trading volume decreased slightly to $373,442,359.

According to data from CMC, ADA ranks 8th and has a market capitalization of $18,338,454,715. Additionally, there are approximately 35,425,168,231 ADA coins in circulation, with the maximum supply limited to 45,000,000,000.

3. Avalanche (AVAX)

At the end of December, the Avalanche (AVAX) coin underwent a correction, reducing its price from $40 to $27.2, reflecting a significant 45.5% decline. The correction erased nearly half of the gains from the bullish fourth-quarter rally of 2023. Despite these setbacks, the daily timeframe saw positive developments with the emergence of a bullish continuation pattern called a ‘flag’.

AVAX price chart

However, on January 28, AVAX price broke above the resistance trend line of the flag pattern, indicating that the recent correction has revived buyer interest and brought momentum back to life. Currently trading at $35.93, continued trading above the resistance trend line could allow buyers to target potential levels of $42.2 and then $50. The token also announced a partnership with Fonbnk through its

drum roll please @Avax Builder! There is good news.
Fonbnk has partnered with: @Avax Empowering builders and dApp developers to scale across Africa with easy-to-use low/no-code on- and off-ramp APIs.#avalanche dApps can accept dollar micropayments on mobile. pic.twitter.com/dPX4d91wJm
— @fonbnk1 (@fonbnk1) February 1, 2024

The price of Avalanche has increased by 9.48% in the last intraday session, with its price rising to $564,708,375. There have been avalanches in the last 24 hours. According to data from CMC, AVAX ranks 8th and has a market capitalization of $13,346,561,364. Additionally, approximately 367,107,857 AVAX coins are in maximum circulation. Supply is limited to 720,000,000 AVAX.

4. Meme Combat (MK)

Meme Kombat’s ongoing presale offers early backers the opportunity to secure 50% of the total $MK supply. The hard cap for the pre-sale is $10 million, and the token price is $1,667 each, bringing the collection since launch to over $62,000. Meme Kombat is emerging as a cryptocurrency with significant potential and is positioned as the next cryptocurrency to explode.

This heightened interest is therefore evident in the growing number of members of Meme Kombat’s Telegram channel, reflecting individuals’ enthusiasm for exploring the world of meme-based combat. The token also announced that its $7.9 million pre-sale on the

Can you believe that the presale is almost at its final stage?
$7.9 million, approaching $8 million very quickly⚔️ pic.twitter.com/UszuTKH0UH
— Meme Kombat (@Meme_Kombat) February 2, 2024

After the pre-sale is completed, MK tokens will enter the decentralized exchange (DEX) to increase liquidity. The project whitepaper explains how 10% of the MK supply will be allocated to ensure a smooth trading experience on this DEX.

Meme Kombat’s innovative staking and betting combination and engaging meme battles make it a noteworthy project in the cryptocurrency industry, offering users a dynamic experience and the potential for passive income.

In other news, a new cryptocurrency game called “Solana Hunger Games” is causing quite a stir. It’s like a real city treasure hunt where you find special chests containing valuable tokens. People were so crazy about this game that it broke the game’s website with over 2 million views per day.