Next Crypto Explosion Thursday, May 30 — Bitget Token, DOG•GO•TO•THE•MOON, Arkham, Monero

adminMay 30, 2024

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The cryptocurrency market appears to be fairly neutral, but some coins are trying to bounce back. Investors should pay attention to this consolidation phase as it could be an opportunity to ride the upward trend.

Institutional investors are now paying more attention to interoperability and tokenization of real-world assets. The prices of these assets are rising even before the market fully rises. The goal is to identify: Next Cryptocurrency to Explode Inform investors and traders about each token.

The next cryptocurrency to explode

Next month, the attention of the cryptocurrency market will turn to the altcoin and meme coin sectors to make the most of the altcoin market. Therefore, investors can take advantage of the moment and take positions in upcoming tokens like PlayDoge. PlayDoge is a new Doge meme coin that uses Play-to-Earn technology to create a gaming economy with real-world monetary value. This post contains detailed information about presale.

1. Bitget Token (BGB)

As of a week ago, the price of BGB was still far from reaching a new all-time high (ATH). However, a 16% rally in recent days has seen the altcoin price surge to $1.32. ATH is now $1.38, a 5% discount.

The altcoin will probably reach this new peak within the next month. This upward trend indicates a bullish signal and appears in the Ichimoku Cloud located below the candle. Ichimoku Cloud is a detailed technical analysis tool that helps you define support and resistance levels, identify trend direction, and measure momentum.

Bitget token price chart

A break above the $1.33 resistance level could bring BGB very close to a new all-time high. However, if this attempt fails, Bitget Token may face revision. Investors may decide to book profits, causing BGB to fall to $1.24.

In other news, Bitget announced a strategic partnership with Anboto Labs earlier this month. The collaboration aims to improve the trading experience for cryptocurrency investors by integrating Anboto’s trading tools into Bitget’s platform.

introduction $BWB @BitGetWallet Token Sale Now #bitget launching pad!
commit $BGB and $USDT Get your share of 10,000,000 BWB!
➡️ https://t.co/kZIzfIQ9I4#BitgetLaunchpad #BWBCarnival
— Bitget (@bitgetglobal) May 29, 2024

To celebrate the partnership, Bitget is hosting an exclusive trading contest with Anboto Labs. Participants can win an iPhone 15 and a $100,000 bonus pool. The contest runs from May 14 to June 14 and offers traders an attractive opportunity to prove their skills and win rewards.

2. DOG·GO·TO·THE·MOON (dog)

The price of DOG·GO·TO·THE·MOON has surged recently due to renewed interest in meme coins. Over the past 48 hours, the memecoin market has grown by 3%, reaching a market capitalization of approximately $66 billion.

Just 24 hours ago, DOG reached an all-time high of $0.006218, bringing its market capitalization to $600 million for the first time. The current price is $0.007355, up 31.04%.

Built on top of Bitcoin’s Runes protocol, the token seeks to leverage the popularity of BTC to attract more investors. Throughout May, the prices of DOG·GO·TO·THE·MOON continued to rise, hitting record highs every week. Over the past three days, the token has shown significant gains, surpassing its all-time high of $0.006218.

DOG·GO·TO·THE·MOON price chart

A price change within this range creates a bullish pennant, indicating that bulls want the price to increase. DOG’s daily technical indicators also look positive. The price is currently above the simple moving average (SMA) of 50 and 200. This supports the upward trend and reinforces the overall bullish sentiment in the market.

If this upward trend continues, DOG price could surpass $0.004527. This continued rise suggests that new highs of $0.5 could soon be reached, leading to a significant recovery in market value.

3. ARKM

Arkham is a blockchain analytics platform that uses artificial intelligence (AI) to uncover the identities behind blockchain and on-chain data. It has two main features: Analytics Platform and Intel Exchange. The analytics platform provides analytics for various entities, exchanges, funds, whales, and tokens. Intel Exchange allows users to buy and sell address labels and other information through bounties, auctions, or the DATA program.

The current price of ARKM is $2.56, up 7.65% in the last 24 hours. The 14-day relative strength index (RSI) is 59.20. This means that the cryptocurrency is currently neutral and can be traded sideways. However, ARKM price prediction sentiment is bullish with a Fear and Greed index of 73 (Greed), which indicates increased trading of the token and growing optimism about its upward trend.

ARKM price chart

Unlike many platforms that focus on specific blockchains or limited data sources, Arkham aims for comprehensive blockchain coverage. We use our proprietary AI system, ULTRA, to collect and aggregate data from various chains. This allows users to gain insight into a holistic view of the cryptocurrency ecosystem.

Exchange Reserves Review: Bybit
Bybit’s Arkham holdings recently surpassed $12 billion, nearing an all-time high.
This is three times the previous cycle peak of $4.4 billion in 2021.
This makes Bybit the 6th largest exchange globally classified by on-chain holdings.
To see our top holdings… pic.twitter.com/0i1zR3xAAT
— Arkham (@ArkhamIntel) May 29, 2024

With a solid foundation and support from a dedicated cryptocurrency community, ARKM has significant growth potential. If the current bullish trend in the cryptocurrency market continues, ARKM Coin could become one of the next explosive cryptocurrencies.

4. Play Doji (PLAY)

playdoji is a new Doge meme coin that quickly gained attention, raising $200,000 within minutes of pre-sales going live. Doge meme coins have been popular in the cryptocurrency world, and the Play-to-Earn (P2E) GameFi sector is also thriving. These trends suggest that PlayDoge is well-positioned to combine elements of both and attract the next generation of cryptocurrency enthusiasts like Floki Inu.

Additionally, PlayDoge’s native token, $PLAY, operates on the BNB smart chain. Since the BNB Smart Chain is Binance’s blockchain, this is advantageous for $PLAY token buyers as it attracts the attention of the Binance listing team.

PlayDoge is a mobile game that turns the famous Doge meme into a Tamagotchi-style virtual pet that players can earn $PLAY tokens for. Despite being a meme coin, PlayDoge focuses on gaming utility, particularly gaming utility reminiscent of popular 2D companion games from the 1990s.

PlayDoge embraces the classic 8-bit aesthetic of side-scrolling games, rewarding players who take care of their virtual pets and embark on adventures. Activities such as feeding, training, and making sure your pet gets enough sleep all contribute to the rewards that diligent pet owners reap. PlayDoge leverages a decentralized crypto network to create a gaming economy with real-world currency value.

The pre-sale begins with a token price of $0.005 using a price ladder system that allows early buyers to profit from lower prices. Half of the total token supply of 9,400,000,000 will be available for pre-sale. Cost in one day $PLAY token It rises to $0.0055. While interest in meme coins remains high, demand for $PLAY tokens is expected to increase as more people learn about the pre-sale.

Visit PlayDoge Presale

5. Monero (XMR)

Recent data shows that the price of Monero (XMR) is rising. As of May 30, 2024, Monero is trading at approximately $143.11, up 0.23% from the previous day. Although this increase is small, it is noteworthy in a market where cryptocurrencies are unstable.

Monero’s performance so far this year has been mixed. Although it has not increased as much as other cryptocurrencies, it has not experienced large losses like other cryptocurrencies. In 2024, the price of Monero will be approximately 5.11% cheaper than before. On the other hand, the global cryptocurrency market fell 1.62% over the past few days. This suggests that Monero may be experiencing a period of relative decoupling.

Monero price chart

Monero has evolved from a cryptocurrency token to a “payment method.” We offer the most discreet payment methods. If you pay using Monero, your transaction details cannot be tracked.

We are excited to share that MoneroKon 2024 is less than two weeks away!
‘Monero Konferenco (also known as “MoneroKon”) brings together privacy advocates, cypherpunks, and leading scientists from around the world to discuss advances in privacy and financial technology. Conference and…
— Monero (XMR) (@monero) May 27, 2024

Monero uses RingCT technology to hide transaction amounts. Your Transaction ID cannot be tracked because it is not permanently linked to your account or device. Each new transaction generates a unique transaction ID.

Investors interested in a privacy-focused trading approach find Monero (XMR) an attractive investment. An excellent payment option for journalists, whistleblowers, and investigators who need to protect their identities.