Next Cryptocurrency to Explode, 24 December — Usual, SPX6900, Bitget Token
TOKEN
BAT
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USUAL
BGB
The altcoin market looks promising, and many altcoins are recording gains. Bitcoin (BTC) reached two new all-time highs this month: first above 100K and then at 108,319. Investors need to stay alert during this consolidation phase, as it could be a chance to ride a rising trend.
Prices of various altcoins are already showing positive movements, even before the market takes off entirely. That is why today’s article is dedicated to identifying the next cryptocurrencies to explode and inform investors and traders about each token.
Next Cryptocurrency To Explode
Smart investors anticipate a boom in the altcoin market and taking positions in upcoming tokens like the Crypto All-Stars. The project aims to revolutionize the meme coin space with its groundbreaking MemeVault Ecosystem. This post covers the details of its presale.
1. Usual (USUAL)
Usual is making a name for itself in decentralized finance (DeFi) as a stablecoin issuer focused on empowering users through ownership and governance. At the core of its ecosystem is the $USUAL token, which gives holders control over its infrastructure and treasury. Unlike traditional stablecoins tied to bank reserves, Usual takes a unique and secure approach by linking its stablecoin, USD0, to short-term bonds. With a strong risk policy and an insurance fund in place, Usual ensures stability and trust within its growing ecosystem.
In the last 24 hours, $USUAL experienced an impressive price surge of over 24%, accompanied by a remarkable 108.40% jump in daily trading volume, reaching $1.02 billion. This surge reflects growing market confidence and excitement about the token’s potential. Backed by high-profile partners like Kraken, Mantle, Starkware, and GSR, along with over 150 investors, Usual Labs is building strong foundations for long-term success.
We are pleased to announce that Usual has closed a $10M Series A funding round, led by @BinanceLabs and @KrakenVentures.
Together, we’re building the foundation for a Stablecoin Renaissance. pic.twitter.com/WlCMb2lb63
— Usual (@usualmoney) December 23, 2024
Recently, Usual announced a $10 million Series A funding round led by Binance Labs and Kraken Ventures. Other contributors include Galaxy Ventures, Coinbase Ventures, OKX Ventures, and Wintermute, among many notable names. This funding highlights the widespread support and belief in Usual’s vision.
Usual aims to distinguish itself by embracing a DeFi-first approach and redistributing ownership to its users. By combining the security of real-world assets (RWAs) with the flexibility and liquidity of DeFi, Usual is reshaping the stablecoin market. This summer, it achieved a significant milestone as the fastest-growing stablecoin on Ethereum, marking the first-ever hypergrowth for a fiat-backed stablecoin.
2. SPX6900 (SPX)
SPX6900 is gaining attention for its clever branding and strong performance, inspired by the traditional S&P 500 index. Playfully nicknamed the “S&P 6900”, it has become a favorite among the meme coin community, blending humor with a relatable twist. These factors have driven its popularity and contributed to its impressive rise in value. With a market cap nearing $850 million, SPX6900 is steadily moving toward the $1 billion milestone, solidifying its place in the market.
The current market sentiment around SPX6900 is highly positive. Its Fear & Greed Index sits at 73, indicating significant investor interest and optimism. With 930.99 million tokens in circulation out of a maximum supply of 1 billion, the token is performing well across multiple ranking categories.
Over the past month, SPX6900 has seen a remarkable price increase of 43.11%, outpacing 97% of the top 100 crypto assets, including heavyweights like Bitcoin and Ethereum. Moreover, its liquidity remains robust, with a market cap of $716.35 million and a daily trading volume of $48.38 million. Its fully diluted valuation stands at $767.69 million, while a trading volume-to-market cap ratio of 0.141 highlights healthy market activity.
there are 3 planes of existence – physical, mental, and spiritual.
and 98% of the world limits itself by operating only on one of these planes, the physical.
but $SPX works multi-dimensionally.
it uses both the spiritual and mental planes of existence to produce the… pic.twitter.com/7Nl0OeMT0o
— SPX6900💹🧲 (@spx6900) December 23, 2024
SPX6900’s strong tokenomics and ample supply make it an attractive option for both seasoned and new investors. Furthermore, its strategic listing on platforms that support leveraged trading has boosted its reach and appeal. Traditional finance enthusiasts and crypto fans alike are joining the SPX6900 community, generating significant online buzz. Posts about SPX6900 consistently gain widespread engagement, reflecting its growing popularity.
3. Crypto All-Stars (STARS)
Crypto All-Stars ($STARS) has burst onto the scene with the launch of its native token and an innovative staking system that could change the game for meme coin enthusiasts. The $STARS token debuted on decentralized exchanges (DEXs) yesterday, December 23, at 2 PM UTC, alongside the unveiling of the MemeVault, an all-in-one staking protocol designed for top meme coins. This platform promises to help investors tap into the ongoing meme coin supercycle.
During its presale, interest in Crypto All-Stars soared as investors poured $26.36 million into the project. Following the token launch, presale buyers began claiming their tokens, with trading starting simultaneously on Uniswap. Early investors using Best Wallet had the added convenience of claiming their $STARS tokens directly through the app at the official claim time.
$STARS token is NOW LIVE! 🔥
Trading live at: https://t.co/rFYH3ZWpqE
Launching on multiple exchanges over the next days! pic.twitter.com/eYdgw5x1SV
— Crypto All-Stars (@all_stars_coin) December 23, 2024
The MemeVault offers a fresh approach to interacting with meme coins, providing an easy and rewarding way to earn passive income. When it officially launches, the platform will support staking for popular meme coins like Dogecoin, Shiba Inu, Pepe, Floki Inu, and Brett, among others. What sets it apart is the 3x rewards available to $STARS holders, giving strong incentives for long-term investment in the native token.
Although the meme coin supercycle has slowed slightly, opportunities for profits remain. Crypto All-Stars stands out not only for its potential but also for its security. Fully audited by Coinsult and SolidProof, the project assures investors that they can participate without worrying about rug pulls or insecure code.
Visit the Crypto All-Stars Website
4. Basic Attention Token (BAT)
Basic Attention Token (BAT) is turning heads in the crypto market, ranking as the second-top gainer today. Its price jumped 23.44% in the past 24 hours, showcasing growing interest in its blockchain-based approach to digital advertising. As the core token of the Brave Browser, BAT rewards users for their attention while helping advertisers deliver privacy-preserving, targeted ads for better results.
The market outlook for BAT remains balanced and promising. With a 14-day RSI of 45.76, the token trades in a neutral zone, suggesting it’s neither overbought nor oversold. Additionally, its low 30-day volatility of 13% highlights price stability, making it an attractive option for cautious investors. High liquidity, reflected in a market cap-to-volume ratio of 0.8112, ensures smooth trading and supports its upward trend.
BAT’s long-term performance also demonstrates resilience. Trading 25.75% above its 200-day SMA, the token has gained 7% over the past year. While this yearly growth is modest compared to other top crypto assets, BAT’s seamless integration into the advertising ecosystem signals strong potential for future expansion.
🎄✨ This December, @guanocoin & @OnBndit are decking the halls with a Web3 quest for the @BAT_Community!
💰 10K $GUANO is up for grabs for the first 500 people who complete it!
👉 Join now: https://t.co/kPegS6iLKB
Learn about GUANO, the community-made memecoin supporting… https://t.co/knZPPyBinU
— Basic Attention Token (BAT) (@AttentionToken) December 23, 2024
The surge in BAT’s value could be linked to renewed interest in privacy-focused technologies. As digital advertising evolves, BAT stands out with its user-friendly rewards system and secure blockchain foundation. It’s carving a niche at the intersection of blockchain and advertising, offering a compelling opportunity for investors drawn to innovative, privacy-preserving solutions.
5. Bitget Token (BGB)
Bitget Token (BGB) is gaining momentum in the crypto market, delivering an impressive 19% surge today. Over the past 30 days, BGB has skyrocketed by an incredible 209.44%, attracting significant attention from traders and investors alike.
Currently trading at $4.89, BGB is positioned at a critical resistance zone between $4.80 and $4.95. This range is particularly important because the token has already surpassed its previous all-time high of $3.50. If BGB can break through the $4.95 resistance, it could set the stage for a rally toward its next psychological milestone of $5.15—a modest 4% gain from the current breakout zone.
Bitget is also making strides beyond price performance through strategic partnerships. Recently, it teamed up with Fiat24, a Swiss-regulated fintech company specializing in blockchain-driven banking solutions. This collaboration aims to create PayFi solutions for major cryptocurrencies like Ethereum (ETH), Bitget Token (BGB), and stablecoins such as USD Coin (USDC). The initiative seeks to bridge traditional and decentralized finance, offering seamless, secure, and efficient payment options.
Moreover, Bitget has partnered with Solayer to launch a liquid staking service for Solana (SOL). This new feature allows users to stake SOL tokens via BGSOL, a liquid staking token that enables SOL holders to earn rewards while keeping their funds accessible. This flexibility supports participation in DeFi activities like trading and lending, adding further utility to the Bitget ecosystem.
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