Next cryptocurrencies set to explode on Tuesday June 11th — Injective, Gnosis, Oasis Network, ZetaChain

adminJune 12, 2024

join us telegram A channel to stay up to date on breaking news coverage

While Bitcoin and alternative cryptocurrencies are experiencing price volatility, altcoins are showing strength with significant gains. Meanwhile, other cryptocurrencies are also showing signs of being ready to break above important resistance levels.

Many altcoins, such as Injective and Oasis Network, are experiencing bullish trends. 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’ll give you an update on the project and future plans.

1. Injection (INJ)

Injective is a leading DeFi token that has seen significant growth in recent months. It was traded around $19 in December last year, but the price soared in the first quarter of 2024, reaching an all-time high of $52 in March. Recently, Injective has also been attracting attention as one of the best DeFi coins.

Just a few days ago, Injective published the first comprehensive paper on Injective tokens. This article explains the token’s main utility and deflation mechanism to help more people understand DeFi coins.

injection price chart

Prices for injectable drugs have risen more than 400% in the past year. Additionally, more than 17 important market indicators indicate buys. Given the bullish sentiment surrounding Injective, cryptocurrency analysts believe a retest of the all-time high of $52 in the third quarter is possible.

Find out how $INJ We are changing the cryptocurrency environment through a dynamic supply mechanism and innovative token burning system. Here are some key takeaways from Injective’s comprehensive paper on INJ’s groundbreaking tokenomics:
1⃣Introduction
INJ, Injective’s basic asset… pic.twitter.com/h8vHVLwpv4
— Injective 🥷 (@injective) June 10, 2024

Despite the widespread market downturn, Injective has been on an upward trajectory. The value of the token has increased by 9.64% over the past day and by 18.16% over the past week. With a market capitalization of approximately $2.69 billion, Injective demonstrates resilience in declining markets. At the time of this writing, INJ is trading at $28.96, attracting the attention of traders and investors.

If buyers continue to control the trend and keep the price above $30, INJ price could maintain strong upward momentum. Moreover, with the inverse head and shoulders pattern gaining strength, the altcoin could reach the $40 level, which corresponds to the 61.80% Fibonacci level.

2. Gnosis (GNO)

GNO prices are showing a clear upward trajectory and are continuing to rise. This trend is driven by regular breakout events and increased trading volume. As altcoins begin another strong week, traders are expecting them to hit new all-time highs soon. Could Gnosis token’s upward trend push it past $450?

Over the past 30 days, Gnosis has increased by 22%, taking its market capitalization to over $900 million. As the GNO token continues its strong performance, it is aiming to reach a market capitalization of $1 billion this month. The altcoin is currently trading at $348.04 after an impressive 8.34% gain last night, forming a bullish trend.

Gnosis price chart

Gnosis aims to make it easy for developers to build decentralized applications (dApps) within an open, permissionless ecosystem. We also offer a development kit to simplify the creation of custom cases on our platform.

Buyers are trying to break the resistance trend line in the downward channel, which puts Gnosis token on the verge of a price increase. The weekly chart shows a solid upward trend overall, indicating a bullish outlook. If this momentum continues, GNO price could exceed $500. On an optimistic note, the bullish trend could push the price above $550 this month.

3. Winner AI (WAI)

Winner AI A new cryptocurrency that combines AI themes and dog memes. This dog-themed coin WAI features fun dog-themed elements, including an AI trading bot and sausage meat references. Pre-sales have already raised more than $5.3 million.

WienerAI’s trading bot offers advanced forecasting features and a user-friendly interface. This helps token holders identify potential opportunities in the cryptocurrency market. By requesting trade ideas from WienerAI, users receive market analysis to increase their chances of success. Additionally, users can easily exchange assets on decentralized exchanges without worrying about MEV.

Investors who hold WAI tokens can stake them and earn an annualized return of 261%. The platform has allocated 20% of its token supply specifically for staking. Interested parties can participate in the pre-sale by purchasing WAI tokens for $0.000715 each. Price increases are expected within 36 hours, so you’ll want to buy quickly to get the lowest price.

Scammers have no chance! 🚫
There is only one WienerAI 💪
No unannounced surprise token claims!$ water Token claims will be announced in advance only through official channels.
🌭 https://t.co/g0LrikQz90
🤖 https://t.co/onZDDmLyPD
🐾 https://t.co/bLqD6PALT7 pic.twitter.com/V5pYIDu6Jn
— WienerAI (@WienerDogAI) June 10, 2024

After the pre-sale is completed, the WienerAI team plans to list the tokens on a private decentralized exchange (DEX). WienerAI combines the popularity of meme coins and the practicality of AI to create exciting stories backed by powerful technology.

This unique combination makes it stand out from many other meme coins and is a major factor in its initial success. Winner AI It aims to improve users’ trading through an AI-powered trading bot that can answer questions and scan the market to find the best opportunities.

Participate in the WienerAI pre-sale

4. Oasis Network (ROSE)

Building on the recovery momentum from late 2023, Oasis Network’s native token, ROSE, is poised for significant growth in 2024. With the bullish trend increasing and technical indicators suggesting a possible breakout, ROSE has the potential to be the best performer of the year.

The Oasis network supports decentralized finance, Web 3.0, NFTs, and the Metaverse. The production of the Cosmos SDK allows users to control data distribution and protection, a feature unique to the Oasis Network. This is called “tokenized data.”

oasis price chart

Oasis Network (ROSE) price rallied on Monday, with volume and trading volume increasing. It soared to $0.12, hitting the highest since April 12. At Monday’s peak, ROSE was up nearly 50% from its May low.

We are leading the technology revolution with smart privacy, powering Web3 and AI with cross-chain privacy and decentralization.
With a focus on transparent and secure AI deployment, Oasis provides developers with tools like ROFL for off-chain AI integrity.
Learn more: https://t.co/fxbrkf3ecT
— Oasis (@OasisProtocol) June 6, 2024

Trading volume on Oasis Network has increased significantly over the past few days. CoinGecko reported that total volume traded on Monday exceeded $31 million, up from $18 million on Sunday. Average trading volume over the past five days has exceeded $27 million, a notable increase compared to the previous five-day average volume of $15 million.

If the bullish trend continues, Oasis price could test the highest resistance level of $0.161 this month. On the other hand, a bearish reversal could push the ROSE token down to the lower support level at $0.08775. As bullish sentiment grows in the cryptocurrency market, the ROSE cryptocurrency price may experience a significant surge. Additionally, increasing adoption and use of blockchain technology in cross-border financial systems could push the ROSE price to $0.267 by next year.

5. Zeta Chain (ZETA)

The current price of ZETA is $1.16. The token decreased by 13.05% over the past week, but increased by 3.13% over the past 24 hours and by 111.54% over the past year. Despite this growth, ZetaChain is still trading below its 200-day simple moving average (SMA), indicating a bearish trend. However, the fear and greed index of this cryptocurrency is 74 (greed), showing that token trading volume is increasing and optimism about the upward trend is growing.

Recently, Zetachain launched UniSat, a Bitcoin-compatible wallet. This new development allows app developers to easily integrate Bitcoin into their applications on ZetaChain. This, in turn, increases user satisfaction and supports ZetaChain’s growth.

ZetaChain price chart

ZetaChain is focused on improving cross-chain connectivity and promoting more inclusive use of Bitcoin in DeFi. The company aims to help developers create unique and valuable applications that leverage the potential of Ethereum smart contracts and the reliability of the Bitcoin network.

Through ZetaChain support @link3to A social platform where experts can verify and network across the chain! https://t.co/HZYAX7Nuo8
— ZetaChain (@zetablockchain) June 10, 2024

ZetaChain has reassured investors by showing stable price movements over the past 30 days. Its commitment to interoperability and security architecture has earned it the support of a dedicated community in the cryptocurrency market.