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Next Cryptocurrency to Explode, 5 December — Safe, Wilder World, Bitcoin Gold, Decentraland

Next Cryptocurrency to Explode, 5 December — Safe, Wilder World, Bitcoin Gold, Decentraland

InsidebitcoinInsidebitcoin2024/12/05 21:44
By:Insidebitcoin

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 

Experts suggest investors are more likely to discover the next booming crypto among upcoming projects. With this in mind, they should consider the potential of the new presale coin, Flockerz (FLOCK). FLOCK is a new meme coin that offers a unique vote-to-earn reward system, fosters strong community connections, and provides attractive staking benefits. The Flockerz team has already raised $700,000. Further details about the project and its future outlook are shared below.

1. Safe (SAFE)

Since Binance Futures introduced the SAFEUSDT perpetual contract on 25 October 2024, the SAFE token has been on a strong upward trend. This new trading option allows users to trade Safe (SAFE) against USDT with up to 75x leverage, expanding Binance’s offerings and meeting the growing interest in emerging tokens like SAFE.

In the past 24 hours, SAFE’s price surged by over 20%, reaching $1.65. Its market cap climbed by 20.76% to $766.65 million, while its trading volume skyrocketed by 183.35% to $239.31 million. SAFE trades 13,400% above its 200-day simple moving average (SMA). Additionally, the Fear & Greed Index score of 84 (Extreme Greed) highlights strong market optimism and potential for further growth in the Safe ecosystem.

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Safe is renowned as the largest smart account ecosystem on the Ethereum Virtual Machine (EVM). Its secure and flexible infrastructure supports over 200 decentralized applications (dApps) and DeFi projects, with over $100 billion in value secured. This solid foundation continues to attract users and developers alike.

Looking ahead, Safe has announced an ambitious plan to launch Safenet, a decentralized blockchain transaction processor network set to debut in 2025. Safenet aims to transform cross-chain payments by offering instant transactions with advanced security and compliance protocols inspired by Visa’s global payment system, VisaNet.

Unlike traditional blockchains, Safenet will enable users to manage multiple blockchains through a single account. It will incorporate processors to handle transactions and feature tools like fraud detection, compliance checks, and smart account resource locks to safeguard user assets.

2. Wilder World (WILD)

Wilder World is an innovative virtual reality metaverse combining photorealism, AI, and blockchain technology. It operates as a decentralized economy, aiming to build a virtual nation-state with a flourishing digital economy. The WILD token is at the heart of its ecosystem, which powers identity verification, trade, resource generation, and governance.

Identity within Wilder World is protected by Wilder IDs, cryptographically secured on the Ethereum blockchain and Zero Protocol. These IDs ensure authenticity for all entities, from citizens to assets like buildings and vehicles, maintaining the scarcity and uniqueness of assets. Staking WILD tokens is required to mint these IDs, gradually reducing the circulating supply as the metaverse expands.

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WILD is trading at $0.6806, marking a 39.42% increase in the past 24 hours. The market cap has surged by 40.49% to $256.84 million, while trading volume jumped by 224.59% to $11.56 million. WILD is performing well above its 200-day SMA of $0.3187, earning 113.50%. It has also recorded 14 green days in the last 30 days, reflecting 47% positive performance.

Moreover, WILD’s bullish sentiment is supported by a Fear & Greed Index score of 84 (Extreme Greed). This indicates growing optimism and increased token transactions, suggesting a potential uptrend in the token’s value.

WILD serves as the primary currency for all transactions in Wilder World, with a 2% transaction fee allocated to the Wilder Nation DAO. This economic model promotes activity while supporting the governance of the metaverse. Citizens holding a Wilder ID and at least one WILD token can vote on proposals, shaping the future of Wilder World.

3. Flockerz (FLOCK)

The Flockerz ($FLOCK) presale, launched just two months ago, is gaining significant traction. With over $4.5 million raised, this innovative project is attracting attention as the first-ever vote-to-earn (V2E) meme coin. Its unique model and strong community engagement make it a promising contender in the current bull market.

The standout feature of Flockerz is its V2E mechanism, which empowers the community, known as “flickers,” to shape the project’s future. Holders of $FLOCK tokens can vote on critical decisions like protocol upgrades, treasury management, and community proposals. In return, participants earn rewards in $FLOCK tokens. This approach prioritizes decentralization and ensures the community remains at the heart of the project.

This governance model fosters trust and addresses a growing concern in crypto—the rise of scams. By giving the community control, Flockerz builds confidence and positions itself as a truly decentralized platform. Unsurprisingly, experts are optimistic about its potential, with some forecasting returns of up to 4000x.

Flockerz is shaping into a game-changing project, combining community governance, innovation, and strong market potential. Investors looking for the next big thing in meme coins may find their answer here.

Currently priced at $0.0062494 per token, $FLOCK allows early investors to maximize their returns. However, prices will rise quickly as the presale advances through multiple stages. The current phase ends in less than three days, making now the ideal time to secure tokens.

Buy FLOCK Tokens Now!

4. Bitget Token (BGB)

Bitget Token (BGB) is steadily earning recognition within the crypto community, especially as the market faces harsh conditions. As the native token of the Bitget Exchange, BGB offers practical benefits like reduced trading fees, access to premium features, and participation in governance. These utilities make it a valuable asset, even during bearish phases.

In the past 24 hours, BGB’s price increased by 10%, trading between $1.69 and $1.9. At the time of writing, it stands at $1.88, with trading volume surging by 66.02% to $104.80 million. This steady climb demonstrates its resilience amidst market volatility.

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Recently, Bitget announced plans to fully compensate users affected by a sudden 50% price drop in BGB on 7 October. The token briefly plummeted from $1.14 to $0.794 before rebounding to $1.04 as the market stabilized. Bitget has not disclosed how many users were impacted or the exact compensation process. Still, the exchange emphasized its efforts to improve platform stability.

The cause of the crash remains unclear, coming just four months after BGB reached its all-time high of $1.48. Despite this, BGB has shown strength, currently up 27.03% from its June peak.

Crypto analysts are cautiously optimistic about BGB’s future. They highlight the exchange’s growing influence and the token’s strong utility as key drivers of its potential. Some even predict that BGB could double in price by January 2025, provided Bitget sustains its momentum and successfully navigates market challenges.

5. Decentraland (MANA)

Decentraland (MANA) is a unique virtual reality platform built on the Ethereum blockchain. It empowers users to create, explore, and monetize digital experiences. Operating under a decentralized autonomous organization (DAO) structure, MANA token holders actively shape the platform’s future. They can propose and vote on critical decisions, including policy updates, LAND auctions, and content regulations, ensuring a decentralized metaverse.

At the time of review, MANA is priced at $0.7797, showing a 32.50% increase over the past week. It trades well above its 200-day simple moving average (SMA) of $0.347, boasting a 104.27% premium. The sentiment surrounding the token is bullish, supported by a Fear & Greed Index score of 84 (Extreme Greed).

Over the past month, MANA has displayed impressive consistency, recording 23 positive trading days out of 30, or 77%. Its strong liquidity relative to market capitalization adds to its appeal, making it a more stable option for traders.

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A recent milestone was Decentraland’s launch of a new desktop client. This beta release significantly enhances the user experience by improving performance and offering a richer virtual environment. It also introduces cutting-edge features, setting the stage for future innovations and empowering creators with better tools.

Looking ahead, Decentraland is preparing to expand its platform into virtual reality and mobile experiences. According to Kim Currier, Head of Partnerships and Marketing, this upgrade is more than just technical—it aims to build deeper connections and foster meaningful community interactions within the metaverse.

Read More

  • Next Big Crypto Breakout for 2024
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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