Next Cryptocurrency To Explode: Mega Dice (DICE), Conflux (CFX), Flux (FLUX), Toncoin (TON), WEMIX (WEMIX)

Earning significant ROI in a bull market could mean paying attention to the meme coins and Altcoins with explosive potential.

Earning significant ROI in a bull market could mean paying attention to the meme coins and Altcoins with explosive potential. However, identifying the next cryptocurrencies to explode might take some work as most funds are attracted to pumping assets.

Today’s article explores the performance of cryptocurrencies that have dominated the gainers list in the last 24 hours. The objective is to identify the next cryptocurrencies to explode and inform investors and traders about each token. Also included in the post is an overview of the market trend of crypto assets, which have the potential to post significant gains in the future.

Next Cryptocurrency To Explode

It’s that time in the market when investors and traders take a position to either edge their gains or capitalize on emerging trends. Experts believe investors have a better chance of finding the next cryptos to explode among upcoming crypto projects. With that in mind, investors should explore the potential of Mega Dice. The project aims to reward current casino users with many benefits while drawing in new ones. Updates on the project and its prospects are shared below.

1. Conflux (CFX)

Conflux Network (CFX) is a high-speed layer-one blockchain that uniquely combines proof-of-work consensus with proof-of-stake finality. Originating from China and adhering to local regulations, it has earned the nickname “Chinese Ethereum.” The network’s native CFX token has multiple uses, including serving as a store of value, governance token, and staking asset for passive income.

On the daily price chart, CFX is experiencing a tight battle between bulls and bears, leading to price consolidation around $0.13. However, selling pressure may increase as sellers resist any upward movement. The 24-hour trading volume has risen to $27.14 million, indicating a growing interest in CFX trading. Currently, CFX is trading at $0.1368, reflecting a modest rise of over 0.7% in the past 24 hours.

In addition, Conflux recently announced a partnership with Presto, aiming to enhance the network’s staking capabilities and expand its market presence beyond Asia. This collaboration aligns with Conflux’s global goal of connecting decentralized economies and accelerating blockchain ecosystem growth. Conflux is optimistic about this partnership, as it opens doors to new markets and supports innovative blockchain projects.

We’re excited to announce that we have teamed up with @presto_labs to expand our network’s staking capabilities and our market reach across Asia.

This partnership is a perfect fit for our mission to link decentralized economies globally and boost the growth of the blockchain… https://t.co/QH1QMW2An7

— Conflux Network Official (@Conflux_Network) August 15, 2024

Several analysts have a positive outlook on Conflux’s future price due to its strong historical market performance. By the end of 2024, the CFX price could reach a minimum of $0.2780, peaking at $0.3427 and an average trading price of around $0.2893. However, Conflux’s future potential depends on buying demand, Chinese regulations, and long-term investor sentiment.

2. Flux (FLUX)

Flux is a proof-of-work cryptocurrency that powers the Flux ecosystem. This ecosystem is focused on supporting the development and use of Web3, the future decentralized internet. This ecosystem uses FLUX for transactions, staking, and rewarding Masternode operators.

Recently, Flux saw a surge of 22% in just 24 hours, making it one of the top trending cryptocurrencies in the U.S. At the time of writing, FLUX remained up by 20%, trading at $0.57 according to data from crypto.news. Its daily trading volume was around $126.63 million, and its market cap was $214 million. However, despite this price jump, FLUX is still 82% below its all-time high of $3.33, recorded in January 2022.

Currently, the price of FLUX is $0.5748, situated between the middle and upper Bollinger Bands at $0.5070 and $0.5933, respectively. This position indicates that FLUX is trading near the upper range of its recent price movements, suggesting a bullish sentiment in the short term. However, it has yet to reach the resistance level marked by the upper Bollinger Band.

Unlock the power of AI without compromising your data. #FluxAI delivers intelligent conversations while ensuring your information stays private. #AI #opensource https://t.co/c9SSyn3nFN

— Flux-Web3 Cloud (@RunOnFlux) August 19, 2024

The Relative Strength Index (RSI) for Flux, which measures price momentum,

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