Next Crypto Explosion Thursday, May 19 — Conflux, Render, Tellor, ZetaChain

adminMay 20, 2024

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Interest in the cryptocurrency market is growing due to price fluctuations of famous tokens. Bitcoin is targeting higher prices, but other cryptocurrencies are also showing signs that they are poised to break above important resistance levels.

Many altcoins and meme coins are experiencing bullish trends, including Render, Tellor, and Conflux. Based on the market data of these cryptocurrencies, some have recorded profits in the same period and are likely to achieve higher profits. Some of these tokens are Next Cryptocurrency to Explode.

Next Cryptocurrency to Explode

Many investors will move to seize new opportunities in the current market. Analysts are highlighting the potential of future projects, and one example worth checking out is WienerAI. The project aims to create a powerful and user-friendly trading platform by integrating AI and cryptocurrency trading. Below we will take a look at the project and future updates.

1. Conflux (CFX)

Conflux, Asia’s Defi hub, fosters regional and global collaboration across diverse regions and blockchains. It is an open layer 1 public blockchain that connects decentralized economies through various protocols, founded by the Conflux Foundation in 2018. Conflux Blockchain is reshaping the global economic response as we strive for a sustainable, borderless economy.

Conflux price chart

The current value of Conflux Network is $0.2255, and the last day’s trading volume was $34.15 million. The market capitalization is $912.41 million, accounting for 0.04% of the market share. CFX price rose 0.04% over the past day. On March 27, 2021, Conflux Network reached a high price of $1.720000. Currently, sentiment on the price of Conflux Network is bullish, with a Fear and Greed Index of 72 (Greed).

Moreover, over the past 30 days, CFX has been up for 15 days, accounting for half of the total, demonstrating consistent strength and positive sentiment. High liquidity, as evidenced by its market capitalization, makes it attractive to traders and investors and solidifies its position as an important cryptocurrency asset.

2. Rendering (RNDR)

Render tokens have been attracting attention in the market, with their prices steadily rising over the past six months. As a result, investor interest is increasing. Costs tend to remain relatively high, which suggests a lot of people are taking notice.

Although the price of Render has been stable recently, it is important to remember that significant changes in the market can have a major impact on its position in the cryptocurrency world. Because renders are essential to digital graphics rendering, these changes will impact how much people know about renders and their usefulness.

Render Pricing Chart

The current price of RNDR is $10.15. The price has increased by 1.00% over the past day. The market capitalization also increased 0.83% to $3,947,660,956. Additionally, the trading volume over the last 24 hours increased by 35.92% to $300,971,707. RNDR’s current trading value is 277.52% higher than its 200-day simple moving average (SMA) of $2.68. Over the past 30 days, RNDR has recorded 18 days of gains, accounting for 60% of that period, which means it has high liquidity due to its market capitalization.

We recently wrapped up an exclusive interview with 3D artist Bobby Stafford, exploring his creative journey and rendering experience. @RenderNetwork. https://t.co/FiErVRJDWH
If you’re a new creator looking to get started with Render, this thread is for you.
— Render Network (@rendernetwork) May 19, 2024

Current sentiment regarding RNDR’s price forecast leans towards a bullish outlook. The fear and greed index is 72, indicating greed. This means that token trading could increase significantly, potentially driving an upward trend. These positive sentiments create hope and optimism among investors.

3. Winner AI (WAI)

Winner AI (WAI) Its strong AI capabilities set it apart from many other meme coins. The popularity of AI cryptocurrencies and meme coins this year suggests that the price of $WAI could rise quickly once it is launched on exchanges.

WienerAI offers something special with its AI features that make it different from other fun meme coin cryptocurrencies. WienerAI provides investors with blockchain’s smart tools through advanced AI trading bots to help them generate more profits, faster. Users simply ask a question and the WienerAI bot quickly searches the marketplace for answers.

AI bots are trained to provide unbiased analysis of potential coins or tokens that match the user’s investment goals. WienerAI also makes trading research simpler and more effective. And the new trading bot’s AI-based capabilities go beyond that.

WienerAI goes beyond helping users trade on decentralized exchanges (DEXs). This helps you get the best price and defends against bots that are in the lead. Plus, it costs nothing to use. Starting with the pre-sale, $WAI token investors can earn passive income by staking their tokens in smart contracts.

‘WienerAI’ Raises Over $2 Million in Crypto Presale – What Are the Best Meme Coins to Buy Now? – Read and Write https://t.co/dfaBBHgflO
— WienerAI (@WienerDogAI) May 18, 2024

In addition to trading and protection against unfair bots, WienerAI also offers swap protocols and protection against certain types of manipulation, all without fees. By staking $WAI tokens you can earn up to 460% annual returns. Some analysts and YouTubers believe WienerAI could be a major opportunity to deliver 100x returns.

that much Winner AI Pre-sales have already raised more than $2.2 million. The token price is currently $0.000708, but if you want to contribute, the price will rise within 17 hours.

Visit WienerAI Presale

4. Teller (TRB) (No recent related tweets)

Thanks to its unique technology, Tellor has gained attention in the cryptocurrency world. In particular, it connects DeFi’s blockchain apps with data from external sources, helping smart contracts securely transfer real-world information to the blockchain.

The token has also surged recently, rising more than 47% in the past week. The token is currently trading above $115.09, giving it a total market capitalization of approximately $296.45 million. What is interesting is that TRB is trading above its 200-day simple moving average, indicating a positive mood in the market.

teller price chart

A large market cap indicates high investor interest in Tellor, and it has high liquidity. Additionally, the Fear & Greed Index is 72 (Greed), indicating positive market sentiment towards Teller.

In particular, there was a notable increase in transactions exceeding $100,000. A recent Spot On Chain analysis found significant activity among large TRB holders, referred to as “whales.” These investors made significant profits, with eight whales cashing out a total of about $3.56 million after TRB prices soared more than 100% in a week.

5. Zeta Chain (ZETA)

ZetaChain introduces new layer 1 (L1) technology with chain-agnostic interoperability. Developers leverage ZetaChain’s messaging capabilities to transfer data and underlying value directly between chains. ZetaChain also plans to enable native smart contracts, allowing developers to create omnichannel decentralized applications (dApps) that manage funds across multiple chains in a single contract.

ZetaChain price chart

The team’s goal for ZetaChain is to provide seamless connectivity across a variety of platforms. ZETA Coin is the backbone of ZetaChain, enabling value transfer between chains and supporting the security of the blockchain through slashing, bonding, and staking mechanisms. It is also used to pay gas bills, process transactions, and store data. ZETA allows users to securely transfer native value across chains without risk.

Today we are excited to introduce ZetaChain 2.0, the first general-purpose EVM for chain abstraction! Learn about the current state of ZetaChain, its vision for 2.0, and exciting upgrades proposed by the community to achieve universal chain abstraction! https://t.co/2TVaeg92OK
— ZetaChain (@zetablockchain) May 15, 2024

The current price of ZETA is $1.64. It fell slightly to 0.13% last day, but rose 34.64% last month. Despite these gains, ZetaChain is trading below its 200-day simple moving average (SMA), suggesting a bearish trend. However, the Fear and Greed Index for the cryptocurrency is at 72 (Greed), showing more token trading and increasing optimism about the upward trend.

ZetaChain’s 30-day volatility shows stable price movements, making it a comfortable choice for investors. Its focus on interoperability and security architecture has garnered support from a dedicated community in the cryptocurrency market.