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The next cryptocurrency to explode
Maker’s market cap shows that it has high liquidity, making it an ideal choice for investors seeking stability and growth. In addition, Helium (HNT) has grown an impressive 32.5% in the past week, rising from $5.94 on January 23 to $7.89 on January 29.
Additionally, the Bitcoin Minetrix presale exceeded expectations, quickly raising over $100,000 in a matter of minutes. Meanwhile, UNUS SED LEO (LEO) is showing significant volatility on the charts, but its value remains positive on the major timeframes.
1. Maker (MKR)
Furthermore, MKR’s price has significantly increased by 187% over the past year, showing its resilience and attracting investors. Maker has performed well over the past year, outperforming 85% among the top 100 crypto assets and outperforming Bitcoin and Ethereum. This outstanding performance can be seen in its trading position above the 200-day simple moving average, indicating a positive trend.
Additionally, Maker’s market cap shows that it has high liquidity, making it an ideal choice for investors seeking stability and growth. However, its availability on leading cryptocurrency exchange Binance further enhances its accessibility and market influence, making it the next cryptocurrency to break out.
Spark is now the most profitable core lending repository in the Maker Protocol, with annualized fee revenue exceeding that of any other repository, including T-Bill deployments, stETH, and the ETH Core repository.
2. Helium (HNT)
Helium (HNT) is making a splash in January, surprising investors with its efforts to recover to the $8.00 region. Similar to other top altcoins, Helium (HNT) experienced a bullish run in December 2023, influenced by sentiment regarding the approval of a spot Bitcoin ETF. CoinMarketCap reports that Helium (HNT) has added $800 million to its market cap since the beginning of December 2023.
However, like many altcoins, Helium (HNT) faced a major decline in January. On January 3, HNT was trading at $5.6166, rose by 32.6% to $7.4518 on January 12, fell by 18.2% to $6.0899 on January 22, and recovered by 30.2% to $7.9302 on January 29. Moreover, Helium’s service demand is expected to increase in the second quarter of fiscal year 2024 as trust in the spot Bitcoin ETF increases after approval. This surge in demand for Helium (HNT) could push its price up by 18.0% to $6.4952.
However, Helium (HNT) is in a bullish struggle, showing recent gains and changes in market structure, suggesting a possible breakout above the key $9 resistance level. Technical analysis highlights Helium (HNT) trading range between $5 and $8.9, with a key level at $6.95. These levels have played an important role over the past six weeks, hinting at the possibility of Helium (HNT) facing rejection from the $9 to $9.6 region. However, a notable change in market structure on January 27, coupled with Bitcoin’s performance, introduces a dynamic that could influence whether Helium (HNT) can climb above $9.6, making it the next cryptocurrency to break out.
Furthermore, Helium (HNT) has grown an impressive 32.5% in the past week, rising from $5.94 on January 23 to $7.89 on January 29. This price performance suggests a market structure reversal in a bullish direction. Supporting the breakout theory, Helium (HNT) has remained above the Fibonacci retracement level of 78.6% during the early January decline, suggesting a potential rise to $10.96 or higher.
3. UNUS SED LEO (LEO)
UNUS SED LEO (LEO) shows significant volatility on the charts, but its value remains positive on the major timeframes. With an increase of 17% since the beginning of the year and 3% in the past week alone, the absence of red lines on the charts indicates the efforts of buyers in supporting the UNUS SED LEO cryptocurrency. However, with an increase from $3.95 to $4.10 in the past week, it found support after breaking through the $4 price barrier. Moreover, it is expected that the coin can reach $6.71 by the end of 2024. According to the UNUS SED LEO price prediction, the coin is the next cryptocurrency that is about to break out.
Additionally, InvestorsObserver recently gave UNUS SED LEO (LEO) a Neutral rating. UNUS SED LEO (LEO) is currently trading at $3.98, down 1.59% in the past 24 hours, and investors may want to be cautious with this sentiment. It is worth noting that UNUS SED LEO (LEO) saw a significant price drop on January 8, 2024, to $3.84, but quickly rebounded to $4.076 on January 11.
Despite the neutral sentiment, UNUS SED LEO (LEO) millionaire forecast expresses confidence in Pushd (PUSHD)’s potential to capture a significant market share. As Pushd (PUSHD) gains attention and momentum, investors are likely to closely watch its development as a viable option.
UNUS SED LEO price today is $4.03 with a 24-hour trading volume of $3,848,565. UNUS SED LEO is ranked 21st on CMC with a market cap of $37,355,544,309. However, LEO has a supply of 927,690,475 tokens.
4. Bitcoin Minetrix (BTCMTX)
The Bitcoin Minetrix presale exceeded expectations, quickly raising over $100,000 in a matter of minutes. Early backers jumped at the chance to buy in at a low price of $0.011 per BTCMTX token, aiming to get a share in the future of Bitcoin mining.
However, this project is unique in its strong commitment to community engagement. Pre-sale investors receive 70% of BTCMTX supply, with an additional 12.5% for staking rewards. This allocation empowers early supporters and demonstrates the development team’s confidence in community-driven growth.
However, a standout feature of this project is its decentralized approach to cloud mining using BTCMTX. Investors can stake these tokens to earn mining points, which can be burned to gain hash power. This innovative mining method ensures security and accessibility. Furthermore, for communication, the Bitcoin Minetrix X channel provides updates and direct interaction with the team, while the official social media keeps the community informed of milestones and partnerships.
With a successful presale, Bitcoin Minetrix is strategically positioned to disrupt the multi-billion dollar cryptocurrency mining industry as the next cryptocurrency to break out.
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The next cryptocurrency to explode
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