The next cryptocurrency to explode on Monday January 15th – Fetch.ai, Internet Computer, ZKFair

adminJanuary 16, 2024

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Some investors see blockchain technology as a game changer for the future, while others are attracted to tokens primarily because of their revenue potential. Investors in the cryptocurrency industry are constantly looking for tokens that can experience significant and rapid price appreciation, providing them with the opportunity to make significant profits.

Numerous coins have already shown how profitable they can be. cryptocurrency market can be. Therefore, this article highlights tokens that are in line with current trends and may show significant growth in the future.

Next Cryptocurrency to Explode

This article provides an update on potential movers in the cryptocurrency market. Today’s list will focus on digital assets that have sparked interest with potential upside among investors. Tokens like Fetch.ai, Internet Computer, and ZKFair are gaining attention. These projects have caught the attention of the cryptocurrency community with developments that could contribute to a potential upside.

1. Internet Computer (ICP)

Bitfinity Network recently secured $7 million in funding from investors Polychain Capital and ParaFi. Funds will be earmarked to develop off-chain infrastructure for Bitcoin and Ordinal. With these funds, Bitfinity introduced the Bitfinity Ethereum Virtual Machine (EVM), a Bitcoin sidechain integrated into the Internet computer blockchain.

Bitfinity EVM aims to accelerate the creation of decentralized applications with Bitcoin functionality by empowering Solidity developers and EVM-compatible services. This integration promises developers unprecedented speed and cost-effectiveness. A hallmark of the Bitfinity approach is the use of chain keys on Internet computers to securely manage and transfer Bitcoin and Ordinal assets on-chain.

ICP price chart

ICP’s recent performance proves that it could be the next cryptocurrency. The Internet Computer (ICP) price is $13.14, and the 24-hour trading volume is $233,728,938.90. Additionally, the token recorded an intraday gain of 3.91%, with a price increase of 13.35% over the past week.

Internet Computers (ICP) is gaining strength against the broader cryptocurrency market, up 3.50%. Compared to similar smart contract platform cryptocurrencies, ICP performed better with a monthly return of 76.49%. Market sentiment towards Internet computers appears to be optimistic, with the Fear and Greed Index currently sitting at 60 (greed).

🗞️ @bitfinitynet Aim to improve #Bitcoin Ordinal number with Ethereum virtual machine #ICP
To achieve this, Bitfinity has raised $7 million in new funding 💰
📑 Learn more @decryptmedia https://t.co/b4d2BvbhFt
– DFINITY(@dfinity) January 11, 2024

The circulation volume of Internet Computers is 455.43 million ICPs out of the maximum issued volume of 488.51 million ICPs. Last year, the annual supply inflation rate was 66.07%, and 181.19 million ICPs were created. In the Layer 1 category, Internet Computer ranked 12th by market capitalization.

Additionally, the project’s innovative use of technology and positioning in the market suggest tremendous growth, but careful consideration of the market is required.

2. Bitcoin Minetrix (BTCMTX)

Bitcoin Minetrix It is a tokenized cloud mining platform that aims to decentralize Bitcoin (BTC) mining. The platform allows investors to control mining activities through token ownership. This initiative aims to create a safer environment for token holders by mitigating the risks associated with third-party cloud mining fraud.

Community participation is also emphasized in the BTCMTX token staking pool, accumulating over 400,000 token stakes. The project successfully raised more than $6 million to reach its goal. The platform claims an Annual Percentage Yield (APY) of 103,225%.

Stage 19 End #Bitcoin Metrics Just 1 day left! ⌛️
how #Bitcoin Mining has changed or influenced your understanding. #Cryptocurrency? pic.twitter.com/HFhQb1VKDy
— Bitcoin Minetrix (@bitcoinminetrix) January 15, 2024

In the ongoing pre-sale, the project sold tokens for $0.0128 each, garnering over $8,500,904.64 of its $9,103,393 goal. There is currently a short period of time left until the next price increase. This pre-sale period represents 70% of the total token supply, reaching 2.8 billion. BTCMTX Out of a total of 4 billion tokens.

The significant funding from ongoing pre-sales and the unique token economics structure contribute to the overall attractiveness of the project. However, potential investors should conduct thorough research and due diligence before considering participation.

Visit Bitcoin Minetrix Presale.

3. ZK Fair (ZKF)

ZKFair has seen a notable upward trend throughout the week. The price registered a significant increase of 113.92% and an intra-day gain of 3.61%.

The platform recently unveiled its ongoing efforts to develop an extensive ecosystem. Over the next few weeks, ZKFair expects to introduce 30 to 40 projects to mainnet and is committed to ensuring a fair launch of high-quality projects through the ZKFair LaunchPad.

Bitget also included ZKFair’s native token, ZKF, in its new token offering within the Innovation Zone. This move further expands accessibility by allowing users to trade ZKF tokens on the Bitget platform.

ZKF price chart

ZKFair differentiates itself as a pioneering company within the Ethereum environment by leveraging a unique convergence of various blockchain solutions. ZKF has established itself as the first community ZK-L2 based on Polygon CDK and Celestia DA. The project adopts the stablecoin USDC as its gas token, ensuring compatibility with the Ethereum Virtual Machine (EVM).

The listing of ZKF on Bitget’s Innovation Zone will streamline user engagement during the token’s initial launch phase. This solidifies ZKF as the next explosive cryptocurrency.

🏗️ We are currently working on developing a comprehensive ecosystem. Over the next few weeks, we expect to see 30 to 40 projects deployed on the ZKFair mainnet.
High-quality projects get a fair launch on ZKFair LaunchPad. and @ZKFCommunity I will also ask everyone… pic.twitter.com/UdhOGWKv6t
— ZKFair Community (@ZKFCommunity) January 12, 2024

Additionally, the sentiment surrounding ZKFair’s price prediction is Neutral, with the Fear and Greed Index reading at 52. The project is observed to be trading near cycle highs.

Therefore, ZKF’s presence in Bitget’s Innovation Zone increases the visibility and accessibility of projects within the cryptocurrency market. However, potential investors should conduct thorough research and consider market conditions before making any investment decision.

4. Fetch.ai (FET)

Fetch.ai is generating significant interest among cryptocurrency traders who are predicting record highs. The native FET token is valued at around $0.67 and has recently experienced several failed breakout attempts.

Fetch ended the year with an impressive 185.37% growth, outperforming 84% of the top 100 cryptocurrency assets. Moreover, in terms of performance, it surpassed both Bitcoin and Ethereum.

FET price chart

Fetch.ai’s circulating supply is 688.12 million FETs out of a maximum supply of 1.15 billion FETs. The current sentiment on Fetch.ai’s price prediction is Neutral, with the Fear and Greed Index indicating a neutral stance of 52.

Fetch.ai ranks 34th in the Ethereum (ERC20) token category and 49th in the Layer 1 category. The token also ranks 7th in the AI cryptocurrency category. Technical analysis shows that Fetch is trading above its 200-day simple moving average, indicating a positive trend.

new #DeltaV Community integration! ⚡
After releasing an early access version of DeltaV to several sets of developers, @AutonomousAIDev Added customization #AIAAgent 🤖
He created an agent that provides details about public holidays in India for 2024. 🗓️👇 https://t.co/5UiBINNSVE
— Fetch.ai (@Fetch_ai) January 9, 2024

Additionally, FET recorded 16 out of 30 green days, representing 53% of the period. With high liquidity backed by growing market capitalization and traction, Fetch.ai has the potential to become the next explosive cryptocurrency.

Hong Kong’s Securities and Futures Commission (SFC) has shifted its focus to other cryptocurrency news, saying it is prepared to grant retail access to physical virtual asset ETFs. However, actual product launches lag behind those in the United States. U.S.-listed branches, according to data from LSEG Bitcoin The ETF recorded $4.6 billion in trading volume on Thursday following SEC approval.