Next Cryptocurrency To Explode: Identifying the Top 5 Cryptocurrencies with Explosive Potential

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

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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. Injective (INJ)

Injective Protocol (INJ) is gaining attention as a top platform in the DeFi space. It stands out for its decentralized exchange (DEX) features and focus on derivatives trading. With zero gas fees, cross-chain compatibility, and fast transactions, INJ offers an appealing option for traders and developers, especially compared to Ethereum. As the need for efficient DeFi solutions grows, INJ could see increased adoption and a rise in value by 2024.

Despite a 75% price correction during the six-month crypto downturn, this pullback has brought INJ to solid support levels. It’s worth noting that such corrections are often needed after a massive price surge. INJ saw a 4,000% increase in just 15 months, so this drop helps stabilize the market.

The key support levels are $16.60 and $13.30, which are expected to hold. If the price bounces from here, it could break the descending trend line and signal an upward move. The only concern is the weekly Stochastic RSI, which points downward, indicating weak momentum. However, if the bounce continues, this indicator could turn around.

Injective is co-hosting one of the biggest Web3 hackathons this year with the Government of Dubai and Bybit!

Register today ⚒️ pic.twitter.com/ceLT9VumVI

— Injective ? (@injective) September 9, 2024

Currently, INJ is trading at $18.90 and could test $20 or higher soon. According to IntoTheBlock’s IOMAP indicator, which compares the current price to the average purchase cost, INJ could continue its upward trend as many addresses are still profitable.

2. SuperVerse (SUPER)

SuperVerse’s token, SUPER, has surged over 17% in the last 24 hours, thanks to the upcoming launch of a new Web3 action game on its platform. This surge has brought attention to SuperVerse (SUPER), making it the top-performing cryptocurrency among the top 300 digital assets.

SUPER’s price jumped from $0.731 to $0.855, marking the highest level since June 13. The token’s market capitalization also climbed to $385 million, ranking it as the 153rd largest digital asset globally, according to CoinGecko.

SuperVerse is focused on developing cutting-edge Blockchain products, with SUPER at the heart of its ecosystem. The token plays a key role in revenue generation and supports various functions within the platform.

Are you ready? ? A SuperVerse member’s new public game release is AROUND THE CORNER!

Mark September 12th – 30M tokens in rewards up for grabs → @playmetalcore Season 1 is coming!

Step into chaos! Battle and climb leaderboards in Web3’s TOP Combat Territorial Warfare ⚡️ pic.twitter.com/xLocJBdpch

— SuperVerse (@SuperVerse) September 9, 2024

One of the main reasons behind SUPER’s recent rise is the anticipation surrounding the release of a new Web3 public game on the platform, launching on September 12. The game, which features combat-based territorial warfare and offers 30 million tokens in rewards, has boosted excitement and bullish sentiment for SUPER.

Another driver of the price increase is the growth of TON Station, SuperVerse’s web3 gaming platform on The Open Network (TON) blockchain. With over 6.3 million users, the platform’s success has further fueled optimism for SUPER. This resulted in a 330% rise in trading volume within 24 hours, strengthening the bullish outlook for SUPER.

3. Mega Dice (D

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