Next Crypto Explosion Saturday, May 11 — Monero, Akash Network, TRON, UMA

Bitcoin has become quite unstable since the halving in April of this year. The recent price drop has investors and analysts questioning the potential for bullish momentum in the cryptocurrency market, which has recorded a price decline of more than 3% in the past 24 hours. This drop reduced the value of the token to $60,714.80 at the time of this writing.

Many small investors are re-entering the cryptocurrency market in 2024, hoping for big returns in the current risk-taking environment. Looking at the data on a specific alternative coin, some have already gained value and more benefits are expected. This suggests that several of these coins could become major currencies. The next cryptocurrency to explode.

Cryptocurrency to explode

Investors can take advantage of this moment to take positions in upcoming tokens like 99Bitcoins. The project aims to return in the third quarter of 2024 through the successful pre-sale of the new 99btc tokens and Learn-to-URN platforms. This post deals with more details about preseil.

1. Monero (XMR)

In the XMR cryptocurrency chart, there was a hard fight between the bull and the bear, which resulted in significant changes in the price.

A few days ago, the decline continued, creating a level of $ 104.98 by setting up a new low and highest point on the daily chart. XMR 가격은 이후 며칠 동안 이 수준 근처에서 안정적으로 유지되었습니다. On April 13, Monero prices were raised at $ 104.98. This can show some challenges to the weakness, suggesting that strong energy can come back.

Additionally, the XMR cryptocurrency is supported by moving averages on the daily charts, especially the 20-day and 50-day exponential moving averages. Additionally, the Relative Strength Index (RSI) supports the 14-SMA suggesting a bullish crossover.

The XMR price was negatively reacted and recorded $ 132.42, down 0.53% from yesterday. However, the weekly increase rate is 7.57%, indicating that there is still a strong activity in the market.

Therefore, if the demand for Monero increases, you can see a significant recovery at the current price. 다음에는 $140.0까지 올라갈 수 있고 $150.0까지 더 높아질 수도 있습니다.

2. 99 Bitcoin (99BTC)

Thanks to the enthusiasm around 99Bitcoin‘ BRC-20 cryptocurrency pre-sale, the next big thing in cryptocurrency could be profiting from learning. 99Bitcoins는 새로운 99BTC 토큰과 Learn-to-Earn 플랫폼의 성공적인 사전 판매를 통해 2024년 3분기에 큰 복귀를 준비하고 있습니다.

Over the past weekend, pre-sales have reached incredibly high levels, raising over $1 million, and the amount has now reached $1.13 million, quickly approaching its first big goal of $1.89 million.

If you are wondering why the pre -sale was so successful, it is because of the enormous potential of the 99BTC token. 99Bitcoins는 현재 암호화폐 세계에서 가장 높은 스테이킹 APY 수익 중 하나를 제공하며, 조기 사전 판매 투자자의 현재 비율은 +1,140% APY입니다.

Investing in 99Bitcoins will automatically stake the purchased tokens, so you can enjoy these high profits even before 99btc is released on the exchange. But it is just the beginning.

#Cryptocurrency exchange, @KrakenIt has a new partnership with Germany’s DLT Finance and expands its influence in Europe.

As follows #secretaryThe actions of #KrakenThe expansion of the expansion aims to explore uncertainty. 🌍#99Bitcoin #Cryptocurrency News #BTC pic.twitter.com/ykdrhbtn2b

— 99Bitcoins (@99BitcoinsHQ) May 11, 2024

Many experts believe that 99BTC could reach a market cap of $100 million in the third quarter, in addition to its initial price likely to increase due to listings on various decentralized (DEX) and centralized (CEX) exchanges. 이것이 야심차게 보일 수도 있지만, 현재 시가총액이 3억 9천만 달러에 달하는 교육용 코인 부문을 살펴보면 이것이 달성 가능하다는 것을 시사합니다.

99Bitcoins has created one of the first learning-to-earnings platforms for new cryptocurrency users, focusing on learners rather than teachers. Education must be rewarded. That is why 99Bitcoin The education sector is expected to witness significant growth in 2024.

Visit the 99BITCOINS pre -sale here.

3. Akash Network (AKT)

Akash Network has experienced significant growth, with a weekly gain of 28.98%. Despite the minor ups and downs, the market cap reached $ 1.3 billion, making it the 63rd largest cryptocurrency. In the last 24 hours, trading volume has increased by 16.55%, reaching $ 257.9 billion.

This positive trend for AKT includes crossing the diagonal trend line on a 4-hourly basis, suggesting a potential reversal in the downward path and bullish market sentiment. To secure these gains, AKT aims to hold last week’s high of $5.095 as a critical support level to strengthen its market position.

where are you?

AKT has outperformed the top 100 cryptocurrencies, up 2400% in price year to date. While Bitcoin (BTC) and other major cryptocurrencies are facing price corrections, Akash Network and its tokens are experiencing rapid growth.

The Akash mainnet has undergone major upgrades to improve functionality since its launch in September 2020. According to the study, the recent upgrades have made Akash a leader in cloud computing and artificial intelligence (AI) development. Mainnet 6 introduced support for GPUs and stable payments, establishing Akash as an open-source marketplace for high-density GPUs and a distributed cloud for large-scale language models (LLMs).

The open source AI space is growing every day.

Akash supports permissionless access to computing and welcomes all projects that build towards a more open and sovereign future.

Please confirm @TriVenice For generative AI inference on leading open source models. https://t.co/QURAGrRmt1 pic.twitter.com/KQblXRGqyi

— Akash Network (@akashnet_) May 10, 2024

The ability of tokens to break the diagonal trend for four hours is a key signal of positive development. This breakthrough suggests the possibility of reversing the relocation trend and market sentiment for AKT.

4. Tron (TRX)

TRON (TRX) focuses on entertainment in the decentralized web space. Over the past year, its value has risen 81%, showing more interest. The total value locked in TRON has also steadily increased, making it more useful for DeFi.

The current value of TRX is $ 0.1268 and the market cap is 13th with $ 11 billion. It is competing closely with Solana, showing that it will grow five times and be the best cryptocurrency investment.

Over the past week, TRX has risen more than 2.5% from $0.12 to its current value. The highest price of all time is $ 0.23. Recently, the cryptocurrency market has been very volatile, with Tron’s performance standing out.

#Tronics Did you know? April showed growth potential. #Tron Network. 🙌

✅ Over 5.9 million new addresses
✅ 227 million+ unique addresses and growing#tronics It won’t stop #building! 💪 https://t.co/IPI9NDV8AC

– Tron Dao (@trondao) May 10, 2024

TRX is now on the rise with $ 0.1180. Powerful achievements over $ 0.120 caught the eye of investors. TRX is expected to reach $ 0.1250 soon. Breaking through the resistance, you can get momentum up to $ 0.1275 and even $ 0.1320.

5. One (one)

The UMA altcoin has recently seen a significant increase in user interest, surging over 51.13% in the past week. UMA aims to make global markets fairer and more accessible through decentralized financial contracts. UMA uses Ethereum’s blockchain to allow users to create a variety of financial derivatives, such as futures contracts and synthetic tokens.

UMA를 눈에 띄게 만드는 것은 혁신적인 오라클 시스템입니다. The system verifies data without trust, which is important for blockchain industries such as decentralized finance (DeFi) and Web3 applications. Unlike traditional oracles, the UMA system relies on votes from token holders to resolve disputes, making it more secure and reliable.

Recently, the UMA project team posted an X -related post in the Gitcoin Dao that it contains osnap. They highlighted Gitcoin as an innovative platform for financing open source projects.

that much @gitcoin DAO has integrated oSnap.@gitcoin An innovative crowdfunding platform for open source projects.

Strengthening capacity through integration $GTC Holders can vote for the distribution of national treasury. @SnapshotlabsAutomatically executes approved transactions on-chain. @safe. pic.twitter.com/57fdmel8kr

— UMA 🥚 (@UMAprotocol) May 8, 2024

This integration will allow $GTC holders to vote on Snapshot Labs’ treasury allocations and securely execute approved transactions on-chain via Safe.

Future market trends during this period of cryptocurrency excitement are uncertain as traders are watching for exciting price changes.

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