Blockchain

Next cryptocurrencies set to explode on Monday, April 22nd — NEAR Protocol, Core, Neo, Ankr

adminApril 23, 2024

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As selling pressure stress in the market decreases, many meme coins and altcoins are starting to reappear on popular and top trending lists. Investors are still waiting to see how the recent Bitcoin halving event will impact the market. Meanwhile, others focus on discovering: Next Cryptocurrency Then it will perform well.

Moreover, the current bull market is attracting more investors and enthusiasts. This influx will open the door to a new narrative that could dominate the second quarter of this year. Moreover, the growing interest among retail investors in altcoins and meme coins could also influence the trend of the next generation of cryptocurrencies set to explode in the coming months.

Next Cryptocurrency to Explode

Despite the market fluctuations, NEAR Protocol boasts a weekly increase of 22.39% to $6.90. Scalability and user-centric approaches can reshape decentralized ecosystems. CORE dominated DeFi last week with a 54% surge, reaching $2.7 by April 16. CORE’s continued momentum, strategic initiatives, and 277.82% monthly jump have made it a lucrative investment.

Sentiment in the cryptocurrency market is relatively high despite the prolonged price decline. Today’s article highlights projects with explosive potential and the details investors should consider.

1. NEAR Protocol (NEAR)

The NEAR Protocol introduces a new way to decentralize apps. It handles a lot of activities and prioritizes ease of use. The NEAR protocol ensures that transactions occur quickly and securely through unique sharding technology. This makes it the best choice for developers who want to build apps that can handle a large number of users without sacrificing safety.

NEAR Protocol Price ChartNEAR Protocol Price Chart

Investors are paying attention to the NEAR Protocol market. Recent performance ups and downs have shown some investors to be confident, while others are not. Over the past few weeks, prices have fluctuated up and down, reflecting varying levels of confidence among investors. Traders are closely watching how the NEAR protocol moves in the market and trying to guess what will happen next.

Even with the market fluctuating significantly, the NEAR Protocol is still making good progress. At the time of writing, the price is $6.90, up 22.39% for the week and 4.60% for the month. This shows that the NEAR protocol remains strong and continues to grow.

Considering recent trends, the NEAR Protocol’s focus on making it accessible to developers could impact its market position. It’s likely to grab your attention because it handles a lot of activities and is easy to use. How investors view NEAR’s technology could be an important factor in what happens to its price in the future, especially as investors who understand the technology consider both NEAR’s innovation and market trends.

2. CORE

CORE has been performing consistently well recently, with last week being its best performance. According to CoinMarketCap, the price surged more than 54% last week, exceeding $2. CORE started at $1.3 per month and steadily rose to $2.7 by April 16th. By the end of the week, it had stabilized at around $2.1. This increase is almost a dollar higher than at the beginning of the month.

Further analysis shows that CORE was trading at a price increase of more than 5% at the time of reporting, with a market value in excess of $1.9 billion. Over the past 24 hours, the meme token has experienced a significant surge, making it the most valuable token during that period.

CORE price chart CORE price chart

Observing how CORE maintains support at $2 and moves forward suggests that another major rally is imminent. If the upward trend continues and Bitcoin remains favorable, the next target is $4.1. Some investors have previously achieved returns of up to 640%.

CORE is a leader in decentralized finance (DeFi). The platform strives to provide a powerful platform for financial activities and innovative products without traditional financial intermediaries. Despite the slight decline of -3.37%, CORE showed an impressive monthly jump of 277.82%.

At its current pace, Core could be one of the most profitable investments in the next quarter and beyond.

3. NEO

During a strong bull market, NEO’s token has been resilient to minor corrections, suggesting the potential for further surges. This elasticity could push the altcoin price up to $30.

The cryptocurrency industry is focused on the Bitcoin halving in 2024. If the NEO team executes its strategic plan amid growing optimism, the price of NEO could soar to $38.36 by the end of the year.

However, external factors such as high inflation or economic instability may have a negative impact on the price of NEO, causing it to fall to $20.55. Finding a balance between buying and selling pressure could allow the price to stabilize around $28.28.

neo price chart neo price chart

Securing lucrative deals and partnerships with global organizations could push the price of NEO up to $61.85 by 2025. Conversely, losing ground to a competitor could weaken NEO’s dominance and cause its price to fall to $33.59. Considering different scenarios, the average price can reach $48.13.

NEO has gained recognition since its inception, especially due to its unique features such as its two-token system. The NEO token is the primary cryptocurrency and represents ownership of the Neo market, similar to owning real estate in a prime location. This setting aims to make your network more secure and faster. These developments have made NEO a highly desirable cryptocurrency.

According to Fibonacci levels, the price of NEO was successfully retested at $19, which is the 100% Fib level. The presence of a lower price rejection candle supports the possibility that the price of NEO will continue to rise.

If the bullish momentum continues and breaks above $21, buyers will target $28. With further support from the market recovery, the price of NEO may exceed $30.

4. ANKR

Ankr’s strong foundation and dedicated cryptocurrency community increases the potential for significant growth in the future. If Ankr forms good partnerships with other networks, the value of ANKR coin could exceed $0.087 by 2024.

Assuming that the current cryptocurrency market continues its positive trend, the average price of Ankr coin is expected to be around $0.079 by 2024. However, if the cryptocurrency market faces a recession, the minimum value of ANKR coin may fall to $0.074 in 2024.

ANKR price chartANKR price chart

Recently, Ankr (ANKR)’s Upbit trading volume has increased significantly. The cryptocurrency rose 186.96% in just one hour, reaching $17 million from its previous average of $6 million. Despite a 10.08% decrease in trading volume on Binance from $9 million to $8 million, signs are pointing to the bullish.

Despite these fluctuations, investors are closely watching ANKR’s upward trajectory. With deals increasing, analysts are optimistic about Ankr’s future. This optimism pushes the greed score above 75, indicating extreme enthusiasm among traders and investors.

ANKR also surged 90% after the breakout, delivering significant gains for cautious investors. Ankr Network is currently trading at $0.05037 and is showing strong upward momentum, with the price up about 69% over the past year.

Additionally, ANKR consistently closes at a higher price than its daily opening price. This provides investors with many opportunities to benefit from the market’s positive momentum and high liquidity.

5. DOGEVERSE

doggers It is a meme coin that aims to be available on various blockchain networks such as Ethereum, BNB Smart Chain, Polygon, Base, Avalanche, and Solana. This means investors can easily use Dogeverse on their favorite blockchain.

Because Dogeverse operates on many blockchains, it aims to create efficient and fast transactions while keeping costs low. Currently, each Dogeverse token is worth $0.000297.

There are 200 billion Dogeverse tokens and 30 billion in presale. Staking rewards account for 10% of tokens, and 25% are for marketing purposes. Another 25% is for future development, 10% for partnerships and 5% for future listings. The pre-sale goal is at least $8.8 million, but could go as high as $17 million.

Since the development team plans to first list Doji Bus on a decentralized exchange and then move it to a centralized exchange later, investors are interested in early pre-sale participation.

Dogeverse also offers a staking feature that allows token holders to earn rewards by staking their tokens on Ethereum. The current Annual Percentage Yield (APY) for staking is: doggers The token ratio is 123%, and over 13 billion tokens have already been staked.

Visit Dogeverse Presale

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adminApril 23, 2024

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