Next Crypto Explosion Tuesday, January 9 – Woo, Meme Kombat, Quant

adminJanuary 10, 2024

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Cryptocurrency market realities have never been kinder, as recent fluctuations have wiped out many open positions. Over the past 24 hours, the global cryptocurrency market capitalization has seen a slight increase of 0.11%, reaching a value of $1.7 trillion. In today’s update on the next cryptocurrencies to explode, we explore the potential of Quant, WOO, and Meme Kombat, as their recent performances have been quite impressive.

Next Cryptocurrency to Explode

Likewise, trading volume is just over $76 billion. Nonetheless, market sentiment remains fair with the Fear/Greed Index at 74. Therefore, the chances of finding a token that can deliver explosive profits this quarter are relatively high. Additionally, Meme Kombat, which is currently on pre-sale, is gradually taking the lead as one of the meme projects to watch out for. This article summarizes the pre-sale and provides guidance on how investors can participate.

1. Meme Combat (MK)

Trends in the cryptocurrency market show that more investments may be made in the GameFi project than ever before. Many of the top tokens in the new cryptocurrency category are in the sector as of press time. Meme Kombat is one of the latest projects investors should keep an eye on.

The community recently launched pre-sales for the project, raising over $6.4 million. The next milestone is $6.5 million. Considering investor commitments, the token community should be funded within a few days. Unfortunately, investors who miss out on the opportunity early on may find it a bit difficult to take advantage of the discount, as they are likely to receive higher valuations.

Currently, MK is being sold at a discounted price of $0.279, which is several times lower than the market price. Degens looking to capitalize on the Memecoin market could still scoop up MK before it becomes mainstream.

We reached an incredible $6.5 million. $MK You will receive 25,000 USDT as a gift through pre-sale.⚔️
Last push. let’s go! pic.twitter.com/93vMu2jaRY
— Meme Kombat (@Meme_Kombat) January 9, 2024

More importantly, things are getting more interesting as the team promised to distribute over 25,000 USDT worth in a recent post on their official Twitter handle. Potential investors can find proposal details and other information about the Meme Kombat project on the project’s pre-sale page.

Visit Meme Kombat Presale

2. Polygon Ecosystem Token (POL)

Polygon has been recording sideways trading since migrating to the POL token. Recently, the new token broke the resistance in the $0.9 range and rallied to hit an all-time high of $1.1 for the first time. The prospect of an explosive trend due to the transition from MATIC to POL is not far off.

Today, POL has recorded gains of over 8% among top gamers in the last 24 hours. But will POL be the next explosive cryptocurrency? The Polygon ecosystem is improving the underlying technology with Miden Rollup, powered by Miden VM. Improvements could increase use cases for the Polygon ecosystem. Therefore, there is likely to be demand for those tokens.

Polygon Ecosystem Token Price Chart

Holders may face bearish pressure in the near term as the 10-day and 20-day moving averages in the market data indicate a bearish trend. However, based on the history of the MATIC token, there are signs that the token will rise in the long term, given that its long-term moving average remains below the current price. POL has potential, and investors should watch its trends closely as it could be one of the next cryptocurrencies to explode.

3. Quant (QNT)

This morning, QNT showed a 7% momentum gain in the market, reaching a price of $121 and a volume of $28.41 million.

In general, Quant is working to improve the adoption of cryptocurrencies in everyday transactions. Our recent shift to asset tokenization has given us the edge we need to lead the existing players in the industry. A few weeks ago, the project moved to tokenize the real estate sector, which is worth over $1 trillion.

quant price chart

In its efforts to make offline investing easier, it is possible that QNT will achieve real value. Interestingly, with more investors in the industry looking for more ways to participate in the sector, the potential for price appreciation increases further. So far, thousands of investors have participated through QNT tokens, which have risen 39851% during the entire period.

It’s the 20th day #QuantAdvent Today we will look at real estate tokenization, 2023 and beyond. The concept of converting offline to digital tokens may be in its infancy, but it is growing at a rapid pace and offers great transparency, efficiency, and liquidity.
read… pic.twitter.com/ruPpfxw8li
— Quant (@Quant_Network) December 20, 2023

In the end, QNT’s rise did not end. Current market data shows that investors can expect upside as market data shows the stock is approaching overbought territory. So an uptick is imminent. Additionally, the quant recently tested the $113 resistance area, which means the bulls may gradually gain the upper hand. Above all, investors should keep QNT on their watchlist.

4. WOO

Woo is one of the millionaires who entered the cryptocurrency industry and achieved a market capitalization of close to 1 billion in his first year. However, WOO has maintained a sideways trend until recently. Today, WOO recorded gains of more than 15%, bringing the price closer to the $0.5 range. It has been testing the $0.45 resistance repeatedly, which indicates it is ready to break above the area.

If WOO hits its $0.5 target, investors can expect further bullishness. Therefore, Woo is definitely one of the next cryptocurrencies that will explode. At press time, WOO’s RSI reading was 51, indicating that the near-term upside could be sustained.

However, the 10-day moving average shows that the bears are working towards lowering the price of the token as its value is higher than the current price. On the other hand, long-term moving averages, especially 200-day and 100-day moving averages, show that long-term investors are willing to hold tokens. With this, WOO should find enough support to stabilize the price above the $0.4 range.

Wu price chart

Additionally, the token’s performance was very impressive. Its price rose by more than 162%, making it more than 76% of the top 100 tokens. Likewise, WOO has had more than 15 green days in the last 30 days. With more upside to performance, overall positive fundamentals will likely help extend beyond current resistance. However, it is almost impossible to reach the $1 level this year.

Woo, on the other hand, has struggled to outperform Bitcoin in the market over the past 52 weeks. Therefore, investors should take this into consideration when deciding on a cryptocurrency.