The following cryptocurrencies will explode on Monday December 25th – Arbitrum, Avalanche, Bitcoin Minetrix

adminDecember 26, 2023

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Global market capitalization increased by almost 2% during the morning hours today. Nonetheless, as the cryptocurrency community awaits an altcoin rally, which cryptocurrency will explode next?

Price movements over the past 24 hours have been very eventful, with several layer 2 cryptocurrencies recording impressive upward trends. The overall performance of cryptocurrency assets is also quite noteworthy, with notable trends.

Next Cryptocurrency to Explode

Investors may need to look beyond listed cryptocurrencies to identify the next token to explode. It is worth noting that after the recent performance of new cryptocurrencies like $ANALOS, the market now tends to favor rising tokens over established assets.

heatmap heatmap

Bitcoin Mintetrix and other pre-sale cryptocurrencies are currently showing tremendous potential. This review highlights its features and gives an overview of its pre-sale. We also list four cryptocurrencies that investors should have on their watchlist.

1. Arbitration (ARB)

The price of Arbitrum has risen by almost 2.7% in the last 24 hours and has achieved a trading volume of over $1.7 billion across multiple exchanges. As demand increases, bullish pressure continues to force the price higher, breaking below the $1.18 price range.

Judging by current market data, there is speculation that ARB will be the next explosive cryptocurrency. In addition to the price rise in the last 24 hours

decision price chart

Despite promising long-term potential, there are short-term downsides that investors should be aware of and consider when making decisions about ARBs. The first is the RSI value.

ARB is currently overbought and the price may fall soon. However, it is unlikely that we will see a double-digit percentage price decline, which provides safety for holders and opportunity for new buyers. Additionally, ARB has been trading sideways recently, recording 13 green days over the past 30 days. Additionally, the circulating supply of the token is less than 20% of the total supply, indicating that it will still face multiple rejections.

Still, there are signs that ARB has near-term revenue potential due to TVL’s size and increased activity across the network. Additionally, strong fundamentals indicate that it has the potential to become the next cryptocurrency. However, it is necessary to identify the optimal buying time through extensive analysis.

2. Bitcoin Minetrix (BTCMTX)

The Bitcoin Minetrix pre-sale is getting closer to its goal and the opportunity to purchase a bag of BTCMTX at a discounted price is coming to an end. This means that Degen investors could miss out on opportunities if they don’t act quickly.

There are only 3 days left #Bitcoin Metrics Step 15! ⏳
What predictions do you have about the future of the whole thing? #Cryptocurrency market? 🌐 pic.twitter.com/QF84lmmm4K
— Bitcoin Minetrix (@bitcoinminetrix) December 24, 2023

This project aims to democratize Bitcoin mining. In fairness, given the timing, the cryptocurrency launch will be closer to the halving. Interestingly, pre-sales for the project have reached stage 15 and more than $5.9 million has been raised.

The cost of adding BTCMTX to your cryptocurrency portfolio is negligible. The price of BTCMTX is $0.0124 at press time, a fraction of its actual value. After 48 hours, the price will likely increase by a few percent.

According to the website, the vision of the project is to provide cryptocurrency enthusiasts with the opportunity to benefit from the halving. There is no better way to earn halving profits than Bitcoin mining. Project details are listed on our pre-sale page.

Visit Bitcoin Minetrix Presale

3. Avalanche (AVAX)

Avalanche has been one of the best-performing layer 1 cryptocurrencies during this bull market, with its price rising more than 400% in the past 60 days. It recently broke the $38 – $40 resistance level. And we’re moving toward printing more value. Is AVAX the next cryptocurrency to explode?

Looking at its recent performance, Avalanche maintains its reputation as one of the best cryptocurrencies to watch. In the last 24 hours alone, trading volume has increased by 63%. Looking at the recent trend, 23 of the past 30 days were green days, showing a 77% increase during that period.

avalanche price chart

With more attention focused on asset tokenization recently, there is no doubt that AVAX will maintain its upward trend in the coming year.

Additionally, it is important to note that AVAX has long-term and short-term favorable prices compared to moving averages. The price is currently above 200 ema, meaning the current uptrend could continue for much longer.

What a year it has been for institutional adoption and tokenization!
Let’s look back on a year of important milestones in our journey to digitize the world’s assets and bring them on-chain.
Here are some of the 2023 highlights for Avalanche-based organizations 🌲🔺 pic.twitter.com/ySVCH24gry
— Avalanche 🔺 (@avax) December 22, 2023

Additionally, when compared to the performance seen in the top 100 cryptocurrencies, it performs better than 87% of cryptocurrencies. This is another fundamental indicator that AVAX may continue to receive favorable sentiment in the cryptocurrency market. Moreover, activity on the network is increasing and several new projects are emerging to increase utility and demand.

Even if AVAX is not targeting 1000x margins any time soon, it remains one of the cryptocurrencies to include in your cryptocurrency investment portfolio, especially for a medium to long-term strategy.

4. Render Token (RNDR)

Render Token is arguably one of the most popular cryptocurrencies in the AI sector. Its focus on decentralized GPUs offers immeasurable value by positioning it as one of the cryptocurrency projects that will grow alongside the AI sector. The bull market has pushed the price of RNDR up over 200%, well above most cryptocurrencies in the top 100. As the market heads into the next quarter, Render Token remains one of the cryptocurrencies to watch.

Additionally, the Render token has seen its trading volume increase by over 142% over the past 24 hours, reaching over $449.48 during the period. It also bolsters its impressive performance with a price increase of approximately 4%.

Render Token Price Chart

Overall, will RNDR be the next explosive cryptocurrency? As the cryptocurrency AI sector is gradually emerging, RNDR may not be able to provide exceptional returns to investors in the short term. However, with growing interest in AI and GameFi, RNDR has an opportunity to deliver huge profits to investors.

Even now, its performance represents more than 96% of the top cryptocurrencies, surpassing Bitcoin and Ethereum over the past 52 weeks. During that period, total returns reached over 997% and the number of holders increased significantly.

BME is currently @rendernetwork!
Here’s a guided breakdown of essential information about the update: https://t.co/Om0xBliSii
— Render Network (@rendernetwork) December 21, 2023

RNDR is also seeing a growing number of use cases, which means investors will continue to benefit from RNDR bags. Overall, all indicators show that RNDR is on a bullish path that could continue consistently for most of next year. More importantly, the project is focused on increasing use cases.