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The cryptocurrency market experiences changes and developments that shape investment choices every day. Since last month, the cryptocurrency market has been on a bullish run, even as several tokens experienced price fluctuations.
The crypto market is observing a noteworthy increase in trading signals, leading investors to religiously search for the next promising token. However, spotting the next cryptocurrency to explode amidst this abundance requires a thorough understanding of the market dynamics. Today’s article identifies coins with some potential and informs investors and traders about each token.
Next Cryptocurrency To Explode
Today’s review highlights promising cryptocurrencies that investors should keep an eye on. Among these is a new project called Wall Street Pepe. Wall Street Pepe is a new variation of the beloved Pepe coin that aims to empower traders with exclusive market insights and tips. The token has taken the crypto scene by storm, raising over $20 million in its presale within just 12 days.
1. Axie Infinity (AXS)
Axie Infinity (AXS) has shown promising movement, with its price increasing by 3.32% in the last 24 hours. While trading volume dropped significantly by 58.67% to $71.13 million, the token is nearing a breakout from its triangle pattern, signaling strong bullish sentiment. The Relative Strength Index (RSI) has climbed sharply toward the overbought range, indicating growing buying pressure and renewed investor interest.
If this bullish momentum continues, AXS could soon test a new high of $7.07. However, a bearish turn could push the price back to the support trendline of the triangle pattern. Since its launch, AXS has demonstrated impressive performance, with a return on investment (ROI) of 3,713.12%. This success, despite the market’s ups and downs, has drawn the attention of many investors who are contemplating buying in before prices climb further.
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Should a bullish reversal materialize, AXS could gather enough momentum to challenge its upper resistance level at $7.45. Conversely, a bearish shift might bring the price down to the key support level of $5 in the coming weeks. Despite recent market fluctuations, AXS has shown resilience to major downturns, which has contributed to its steady growth.
If the upward trend persists, AXS could reach $10.12 by the end of Q1. Furthermore, the expanding NFT marketplace and upcoming developments for Axie Infinity point to a bright future for the project. If the network successfully implements its roadmap, the price of AXS could surpass $14.23 by the end of 2025.
2. HashAI (HASHAI)
Hash AI is setting new standards in crypto mining by combining advanced infrastructure, strong partnerships, and cutting-edge technology. The project offers a range of services, including mining rig supplies, hosting, GPU sales, and a state-of-the-art facility powered by over 500 top-tier GPUs. Leveraging artificial intelligence, Hash AI has developed a smart mining algorithm that dynamically selects the most efficient coins to mine across Layer 1 blockchains, optimizing hash power in real-time.
The introduction of the Hash AI token is a game-changer. This token allows income generated by AI-driven mining rigs to be shared with token holders, creating an inclusive ecosystem. Additionally, Hash AI is expanding its offerings to include hash and node rentals, providing users with access to mining resources without needing personal hardware. This flexibility is ideal for individuals interested in mining without the burden of upfront equipment costs.
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— Hash AI (@OfficialHashAI) January 2, 2025
As of today, the HASHAI token is priced at $0.00129, marking a 26.07% increase in the last 24 hours. The market cap has grown by an impressive 28.21%, reaching $109.1 million. Trading volume has also surged by 79.67%, hitting $1.58 million.
Market sentiment for HASHAI remains bullish, supported by a Fear & Greed Index score of 74 (Greed). This optimism reflects increasing transaction activity and highlights the growing confidence in the token’s potential.
3. Wall Street Pepe (WEPE)
With its impressive presale performance, raising $40 million so far, Wall Street Pepe is quickly becoming a favorite in the crypto community. Currently priced at $0.0003664, the coin is seeing daily price increases, urging early adopters to secure their positions before the presale ends.
What sets WEPE apart is its mission to empower everyday traders. The project aims to level the playing field by providing tools typically reserved for crypto whales and insiders. One standout feature is its advanced trading signals, offering clear guidance on which coins to target, when to invest, and when to sell. This approach simplifies trading for newcomers, giving them confidence in their decisions without relying on guesswork or complex analysis.
Additionally, WEPE offers next-generation analytics to help investors identify early crypto opportunities. Its exclusive “alpha calls” for presales allow traders to gain insights and strategies from experienced market veterans through private group discussions.
As the presale progresses and funding milestones are met, WEPE’s value continues to rise. Early investors benefit from locked-in rates, making this an attractive option for those eager to capitalize on the growing momentum. The team behind WEPE also emphasizes security. The smart contract has been audited by Coinsult, revealing no significant risks, and 15% of the total supply has been allocated to liquidity, reducing concerns about rug pulls.
Investing in WEPE is straightforward. Interested buyers can purchase tokens directly from the presale website by connecting their crypto wallets. Payment options include Ethereum (ETH), Binance Coin (BNB), Tether (USDT), and even credit or debit cards, ensuring accessibility for a wide range of investors.
4. Internet Computer (ICP)
Many altcoins are riding the wave of Bitcoin’s recent bullish trend, and Internet Computer (ICP) is emerging as a standout performer. Over the past 24 hours, ICP’s price has climbed by 11.36%, bringing its weekly gains to 13.68%. Currently trading at $11.89, the token has captured the interest of traders and investors.
ICP has shown resilience by finding support near the $10 level. Following a breakout from its falling wedge pattern, this support level has been pivotal in its recent recovery. Analysts suggest that if ICP can overcome the immediate resistance at $11.95, it could pave the way for further gains. Potential targets include $13.75, $15.50, and $18.80, signaling a promising upside for the token.
Adding to the positive sentiment, the DFINITY Foundation, the Swiss organization behind Internet Computer, released its 2024 Ecosystem Report in November. The report highlights the platform’s significant advancements in cross-chain technology, mainly through the Chain Fusion protocol. Over the past year, activity on Chain Fusion has surged by an astounding 1,230%.
Cycles burned is the clearest indicator of #ICP‘s value to devs and users.
In 2024, cycles burned rate surged by over 8,800% as ICP dapps took off 🚀 pic.twitter.com/wRvzhlFegh
— DFINITY (@dfinity) January 3, 2025
The Chain Fusion protocol is a critical feature of the Internet Computer blockchain, allowing seamless interaction between smart contracts and multiple blockchain networks. This capability has gained traction among developers, as demonstrated by a remarkable 2,040% increase in message processing within the protocol compared to the previous year. This surge reflects a growing demand for cross-chain solutions, enabling the development of complex, multi-chain applications.
5. Snek (SNEK)
Despite launching during a challenging bear market, SNEK has quickly built a loyal and passionate community on the Cardano network. SNEK prioritized fairness in its presale, ensuring no preferential allocations for the development team. This approach has fostered trust and strengthened the bond between the token, its community, and the broader DeFi ecosystem.
In the past 24 hours, SNEK’s price has surged by an impressive 18.26%, reaching $0.007197. It has shown steady growth over the past 30 days, with 16 green days highlighting its consistent performance. Investor sentiment remains highly optimistic, as reflected in the Extreme Greed score of 74 on the Fear & Greed Index, signaling strong confidence in the token’s potential.
SNEK’s innovative features boost utility and engagement. One notable addition is the Snek game, created in partnership with Paima Studios, which offers an entertaining way for users to engage with the ecosystem. Furthermore, the platform includes a raffle system, where users can join pools to win free tokens. For those looking for long-term benefits, staking options for $SNEK tokens are available for 4, 7, or 10 months, offering exciting rewards.
Strategic partnerships have further expanded SNEK’s use cases. Through a collaboration with Nebula, users can flip coins using SNEK, adding a fun and interactive element to its ecosystem. Additionally, a partnership with NOWPayments allows users to transact with SNEK as a payment method, increasing its adoption across the Web3 space.
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