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CoinGecko Reveals List of Top Trending Tokens for Q2 – Top Coins with Similar Pattern

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CoinGecko Reveals List of Top Trending Tokens for Q2 – Top Coins with Similar Pattern

Since the start of this second quarter, the altcoin market, after the Bitcoin halving, has undergone important but subtle changes. These changes are linked to the fact that some altcoins are showing bullish signs against the next crypto surge. CoinGecko, a leading cryptocurrency tracker published a report of the top twenty trending altcoins on the market a few days ago, and companies like Fantom (FTM), Gala (GALA), Sui (SUI) and Etthena (ENA) presented particularly unique factors acting as a catalyst for the meteoric growth . of these best altcoins.

Smart money investors have turned their attention to this list, considering tokens that could enhance their portfolio. Amidst this research, the pre-sale market is also an attractive place. In this sector, KangaMoon (KANG) is making its share of progress with more than $7.3 million already made in pre-sale revenue. Among the best cryptos to buy, KangaMoon offers impressive platform features capable of generating abundant returns.

KangaMoon (KANG) Aims for Top Meme Coins Status with Multi-Stake Approach

KangaMoon (KANG) has achieved impressive feats throughout its ICO journey and most investors in the meme coin market already have high hopes that $KANG will surpass most of the top meme coins on the market. KangaMoon has secured two major listings so far, with CoinMarketCap and CoinGecko and is also expected to list on BitMart and Uniswap very soon, increasing its upside potential by over 1,000% during this second quarter.

The KangaMoon token has already appreciated by over 400%, from $0.005 to $0.025, hence its potential for greater gains when it eventually launches to the broader altcoin market. In addition to the fact that $KANG is already offering its early investors a return on investment of up to 400%, the platform has also raised over $7 million so far. This impressive growth stems from its overwhelming influence as a GameFi and SocialFi coin platform.

With the potential to significantly influence the GameFi market, Kangamoom offers a unique gaming approach, where users can earn $KANG tokens by participating in fighting competitions and/or even bet on the outcomes of battles. In addition to being able to secure NFT prizes and private access, KangaMoon is currently launching a SocialFi challenge where users can simply comment and share KangaMoon’s posts on social media to get free KANG tokens.

So far, the project has managed to attract over 32,000 community members and almost 10,000 token holders, a feat that has allowed it to rank among the best new coins to buy. Industry experts predict that KangaMoon will reach $1 by the end of the year, due to its attractive features and its recent RaidSharkBot partnership aimed at generating more engagement for the platform.

Fantom Network Working on Platform Upgrade, Projects Bullish Efforts for the Year

With the aim of innovating and growing its ecosystem, Fantom Network (FTM) has made huge strides in the blockchain space. Fantom recently created the Sonic Foundation and Sonic Labs to support their latest project, the Sonic Chain. This shows Fantom’s commitment to growing its decentralized finance infrastructure and capabilities. Due to these developments, Ghost It is believed to influence the DeFi market this year.

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According to recent news, Fantom recently raised $10 million in funding. This funding will be used to develop and expand the Sonic ecosystem, including the research, development and deployment of new features and applications on Sonic Chain. The Fantom network has also created new entities to address challenges and opportunities in the blockchain space. Ultimately, these developments should increase the possibility that the Fantom token maintains positive momentum.

Despite a massive operating plan, Gala Token shows resilience

Despite the recent large exploit involving approximately $206 million worth of GALA tokens, which caused its value to drop by almost 15%, Gala Network demonstrated remarkable resilience. As the token strives to regain the high it saw in early April, it is currently experiencing price consolidation. However, the network itself is expanding, having recently grown over 25% in transaction volume.

Meanwhile, community confidence in the Gala token remains strong as it expresses a 93% bullish rating. This optimism shows the community’s confidence in the long-term potential of the GALA token and its ecosystem, even in the face of challenges. Despite recent setbacks, Gala’s network growth and strong community highlight its resilience and recovery potential in the GameFi and altcoin market.

Sui Token Levels Up in the Blink of an Eye, Expressing Bullish Sentiment

On April 30, 2024, Sui Coin (SUI) had a market cap rate of around $1.4 million, but it later increased to over $2.6 million, shocking the broader crypto market. Remaining in a consolidated position on this new level, Sui has retained a bullish sentiment of more than 86% according to CoinGecko. Sui has also seen new ATHs over the past couple of months, which has already set the tone for this second quarter.

Additionally, Sui recently partnered with Google Cloud to support Web3 innovation. This partnership, which aimed to improve security, scalability and developer tools on the Sui platform, is expected to act as a huge catalyst for Sui to see significant improvements in both the valuation of its tokens and in its network activity. Currently, Sui coin is going through a phase of stagnation and consolidation, but it is expected to see possible growth in due time.

Ethena Price Almost Hit $1, Hence Its Growth Rebound Potential

The Ethena token (ENA), the new Ethereum-based coin, increased significantly in value, reaching almost $1 after Bybit announced the integration of USDe as a collateral asset. This integration highlights Ethena’s role in offering a crypto solution independent of traditional banking services, providing users around the world with a dollar savings tool called “Internet Bond”.

The positive market response to this news reflects growing confidence in Ethena’s innovative financial offerings and its potential for future growth in the altcoin market.

Moreover, Ethena plans to unlock over 50 million ENA tokens on June 1 for ecosystem development.

Looking ahead, this move will allow ENA token holders to participate in governance proposals and aims to drive further progress and adoption within the Ethena ecosystem. At the same time, this also positions the Ethena token as one of the best cryptos to buy this second quarter.

How did KangaMoon’s in-game reward set it apart from GALA, SUI, ENA and FTM?

Notably, out of the $1 billion KANG token supply, 15% is reserved for the development of the KangaMoon project and rewarding participants once the game is launched. These funds will be used to improve the functionality of the token, add new features, and support the overall growth of the ecosystem.

Discover the exciting opportunities of the KangaMoon (KANG) presale today!

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Disclaimer: This press release article is provided by the Client. Customer is solely responsible for the content, quality, accuracy, products, advertising or other materials on this page. Readers should conduct their own research before taking any action related to the material available on this page. The Crypto Basic is not responsible for the accuracy of the information or any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned in this press release article.

Please note that The Crypto Basic does not endorse or support any content or products on this page. We strongly advise readers to conduct their own research before acting on any information presented here and to take full responsibility for their decisions. This article should not be considered investment advice.

Disclaimer: This content is informational and should not be considered financial advice. The opinions expressed in this article may include the personal opinions of the author and do not reflect the opinions of The Crypto Basic. Readers are encouraged to conduct thorough research before making any investment decisions. Crypto Basic is not responsible for any financial losses.

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Altcoins

Altcoins with huge potential Bonk and Mpeppe (MPEPE)

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Altcoins with huge potential Bonk and Mpeppe (MPEPE)

The cryptocurrency market is full of potential, and two altcoins that have recently caught the attention of investors are Bonk (BONK) and Mpeppe (MPEPE)Both of these tokens offer unique features and promising growth prospects that set them apart in the crowded altcoin space. In this article, we will explore what makes Bonk (BONK) and Mpeppe (MPEPE) attractive investment opportunities and how they could shape the future of the cryptocurrency market.

Bonk (BONK): The viral sensation

Bonk (BONK) burst onto the scene with a playful and viral take on cryptocurrency. Here’s a closer look at what’s made Bonk (BONK) a sure bet in the altcoin space.

The Viral Marketing Strategy

Bonk (BONK) Bonk has harnessed the power of internet memes and viral marketing to quickly gain popularity. Its branding, which features a humorous and engaging mascot, has resonated with the crypto community and beyond. By harnessing the viral nature of meme culture, Bonk (BONK) has quickly established a strong presence and captured the imagination of a wide audience.

Merging meme culture and blockchain innovation

Mpeppe (MPEPE) is emerging as a new and exciting player in the altcoin market. With its unique blend of features and innovative approach, Mpeppe (MPEPE) is attracting the attention of investors and cryptocurrency enthusiasts.

Mpeppe (MPEPE) combines the fun and relatable aspects of meme culture with advanced blockchain technology. Inspired by football and blockchain innovation, Mpeppe (MPEPE) offers a distinctive brand identity that appeals to a wide audience. This fusion of entertainment and technology sets Mpeppe (MPEPE) apart from other altcoins and offers an attractive investment opportunity.

Community impact

The strength of each cryptocurrency’s community will play a vital role in its future trajectory. Bonk (BONK) and Mpeppe (MPEPE) Cryptocurrencies build strong, engaged communities, but how they foster and grow those communities will determine their long-term success. Active, supportive communities can generate lasting interest and value, making them essential to the future of every cryptocurrency.

Conclusion: Invest in Bonk and Mpeppe

Bonk (BONK) and Mpeppe (MPEPE) represent exciting opportunities in the altcoin market. While Bonk (BONK) has established itself through its viral marketing and strong community support, Mpeppe (MPEPE) offers a unique blend of meme culture and advanced blockchain features. Both coins have the potential to make a significant impact in the cryptocurrency space.

For investors looking to explore high-potential altcoins, keeping an eye on Bonk (BONK) and Mpeppe (MPEPE) offers interesting opportunities. As the market evolves, these tokens could play a significant role in the future of cryptocurrencies, making them attractive options for those looking for growth and innovation in the altcoin space.

For more information on the Mpeppe presale (MPEPE):

Visit Mpeppe (MPEPE)

Join us and become a member of the community:

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Top 6 Altcoins Expected to EXPLODE Before 2025: Buy Now!

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As we approach 2025, the cryptocurrency market is poised for a major shift. According to Austin, an analyst at Altcoin Daily, potential policy changes could trigger a major surge in altcoins. A potential change in the Federal Reserve’s policy rate in September could lead to substantial growth in the cryptocurrency market, benefiting Ethereum, Solana, and several promising new altcoins.

Here’s a look at some altcoins priced between $1 and $2 that could offer good returns during the current market downturn. Dive right in.

Top 6 Altcoins to Watch

Aethir: The Decentralized GPU Marketplace

Aethir is becoming a key player in decentralized cloud infrastructure for gaming and AI. With over $36 million in annual revenue, Aethir is meeting the growing demand for GPU computing from large tech companies like Google and Microsoft. By utilizing underutilized GPUs, Aethir is making a significant impact in the tech world. Current Price: $0.07176.

Ondo: The Best Bet in the RWA Sector

Ondo is transforming the way financial assets are tokenized with its real asset protocols. The ONDO token, used for Ondo DAO and Flux Finance, offers a 5.3% annual dividend in USDY. Despite a recent 35% price drop, ONDO’s price action suggests a potential breakout. With less selling pressure and an increase in off-exchange holdings, the outlook appears positive. Current price: $0.9251.

Lukso: Blockchain for Creators and Social Networks

Lukso is creating a unique blockchain focused on connecting creators, brands, and users. As an alternative to Ethereum, Lukso offers universal profiles and gasless transactions, making blockchain technology more accessible. With a strong vision and strong leadership, Lukso is poised for wider adoption. Current Price: $1.71.

AIT Protocol: Decentralized AI Data Annotation

The AIT protocol addresses the need for decentralization of work in AI data annotation. It connects human trainers with AI model owners through a decentralized marketplace, thereby improving AI models. Its growing adoption in Asia and strategic investments suggest that it could be a major disruptor in the AI ​​space. Current price: $0.1169.

Foxy (Linea): A meme piece with level 2 potential

Foxy, a cryptocurrency associated with Linea’s Ethereum layer 2 scaling, has received support from ConsenSys. It stands out in Ethereum layer 2 due to its MetaMask integration and fast transactions. With Linea’s growing adoption and low transaction costs, Foxy is well-positioned for growth. Current price: $0.01116.

Off-grid: Emerging Altcoin in Video Gaming

Finally, Off The Grid, developed by Godzilla, is generating excitement in the crypto gaming sector. Although it has not yet launched, it has received positive feedback from industry experts, suggesting strong potential. Other infrastructure projects like Immutable and games such as Xers and Star Heroes are also worth considering for those interested in crypto gaming.

Who’s excited about the potential altcoin rally?

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Altcoins

Bitcoin Dominance Hits 3-Year High: Is Altcoin Season Coming?

TokenTalk Staff

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Iggy Azalea’s Meme Coin – MOTHER Soars 30% After New Utility Announcement

As Bitcoin dominance hits a three-year high of 56%, analysts are predicting the potential start of an altcoin season. Although Bitcoin’s current valuation has fallen below $63,600, the high dominance level suggests a significant shift in the market.

Experts point out that Bitcoin dominance is a key factor in predicting altcoin trends. If Bitcoin holds its price while its dominance declines, it could signal a flow of investment into altcoins. This triggers what many call an “altcoin season.”

Conversely, if Bitcoin price and dominance fall simultaneously, it usually indicates a broader market correction rather than an altcoin boom.

What Factors Suggest an Imminent Altcoin Season?

Markus Thielen of 10X Research noted that Bitcoin Price Tends to Stabilize in August. Therefore, a stable Bitcoin price, coupled with declining dominance, may create the ideal conditions for altcoins to thrive.

Learn more: Bitcoin Dominance Chart: What Is It and Why Does It Matter?

Bitcoin Domination. Source: TradingView

In addition, Ki Young Ju, founder of the chain analysis CryptoQuant platform has highlighted increasing activities by crypto whales that appear to be preparing for an altcoin rally.

“Limit buy order volume for altcoins, excluding Bitcoin and Ethereum, is increasing, indicating that strong buy walls are being put in place” said.

Ju explained that limit orders, which are preferred by institutions for large trades to minimize price impact, create “quote volume.” His analysis, which includes a graph of the 1-year normalized cumulative buy/sell volume difference, indicates that altcoins like Solana (SOL)Cosmos (ATOM) and Polygon (MATIC) experience significant accumulation activities.

“The indicator is calculated by taking the cumulative sum of the difference between the buy and sell quote volumes, using a one-year rolling window. If there is an upward trend, it means the buy volume of the quotes is increasing, indicating stronger buy walls,” Ju explained.

Normalized cumulative purchase/sale volume difference over 1 yearNormalized cumulative difference over 1 year between purchase and sale volumes. Source: CryptoQuant

This bullish sentiment is reflected in the trends following recent developments in crypto financial products. Crypto Vikings, a renowned analyst, suggests that current market conditions are conducive to altcoin season.

“Many alts are down 60-80% in the last couple of months, and many of them have already bottomed and are in a good buy zone. Bitcoin Domination is also facing major resistance relative to where the massive altcoin season began each cycle,” Crypto Vikings declared.

Sentiment is increasingly optimistic, as many believe that the disillusionment that follows periods of prolonged economic downturn opens the way to profitable investments.

Another trader, Mags, noted that altcoins are only up 58% after breaking a 525-day accumulation. Therefore, he predicts a possible continuation of the altcoin rally after a reaccumulation consolidation.

“Permanent bears will tell you that altcoins are done and in a distribution phase. But if you look at the chart, altcoins are only up 58% since they broke out after 525 days of accumulation. Do you really think a breakout after 525 days of consolidation will end after only a 58% move?” wrote on X (Twitter).

Learn more: 11 Cryptos to Add to Your Portfolio Before Altcoin Season

On the other hand, Brian Quinlivan, senior analyst at Santiment, told BeInCrypto that there is a lack of enthusiasm for the altcoin season due to the recent price drops.

“As far as mentions of altcoin season go, we’re not really seeing any significant enthusiasm from traders about it. Traders have at least been a little bit more vocal since we started seeing prices drop over the last three days,” Quinlivan told BeInCrypto.

Disclaimer

In accordance with the Trust Project This price analysis article is provided for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to providing accurate and unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult a professional before making any financial decisions. Please note that our Terms and conditions, Privacy PolicyAnd Disclaimer have been updated.

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On-chain data confirms whales are preparing for altcoin surge with increased buy orders

TokenTalk Staff

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ChatGPT Suggests Top 5 Altcoins Under $0.01 for $1000 Investment

Ki Young Ju, CEO of analytics platform CryptoQuant, believes whales are preparing for an upcoming surge in altcoins.

In a recent revelation about X, Ju underlines that the volume of limit buy orders for altcoins, excluding Bitcoin and Ethereum, is increasing. This pattern suggests the formation of substantial buy walls, highlighting significant buying pressure from large-scale investors.

Ju’s chart identifies two main phases in limit order volume for altcoins: the limit sell phase and the limit buy phase. The limit sell phase saw a notable increase in cumulative sell orders in 2022, demonstrating strong selling pressure from whales and other market participants. This phase coincided with a period of falling altcoin prices due to unfavorable market conditions.

Screenshot 2024 08 01 at 110319

Then, the limit buying phase began, marked by a significant increase in cumulative buy orders. This indicates a period of strategic accumulation where whales establish substantial buy walls.

According to Ju, the increase in buying volume suggests confidence in the future conditions of the altcoin market. This buying pressure creates strong support levels, indicating that whales are preparing for a positive change in the market.

Buying pressure on specific altcoins

Ju also provided a heatmap of the 1-year normalized cumulative buy/sell volume difference for various altcoins, showing the buying and selling pressure over time. Solana (SOL) has seen alternating strong buying and selling phases, with recent activity showing increased buying interest. Cosmos (ATOM) and Polygon (MATIC) have also shown increased buying pressure despite mixed activity trends.

Screenshot 2024 08 01 at 110533Screenshot 2024 08 01 at 110533

Cardano (ADA) and PancakeSwap (CAKE) have shown balanced buying and selling phases, with recent trends proving increased buying pressure. Coins like AMP and ANKR have also demonstrated increased buying activity. The heatmap reveals that most altcoins are seeing increased buying pressure as whales and large investors accumulate altcoins in anticipation of a rally.

Meanwhile, coins experiencing selling pressure, as indicated by the predominantly red areas on the heatmap, include DOGE, DASH, AXS, XRP, COMP, and AAVE, BNT.

Bitcoin whales are also buying

It is important to note that while whales are accumulating altcoins, Bitcoin whales are also active. Crypto Basic note an increase in buyer activity on Binance, which aligns with an increase in the buy/sell ratio of takers and whale movements. Analyst Ali Martinez highlighted the ratio fluctuations from below 0.8 to above 1.7 between July 27 and 31. Ratios above 1.0 indicate aggressive buying, often preceding price rallies.

From July 27 to July 28, the ratio remained mostly above 1.0, corresponding to the rise in Bitcoin price from around $66,500 to over $67,000. A spike to around 1.5 led to a sharp increase in price to around $68,500. However, on July 30 and 31, the ratio fell below 1.0 several times, corresponding to a drop in price to around $66,000, before a final spike to 1.7 indicated another slight increase in price.

Disclaimer: This content is informational and should not be considered financial advice. The opinions expressed in this article may include the personal opinions of the author and do not reflect the opinion of The Crypto Basic. Readers are encouraged to conduct thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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