Exploding: Top 3 Cryptocurrencies Set to Explode This Week
Dogecoin (DOGE) – Will DOGE Lose its Throne?
Former Goldman Sachs analyst Murad Mahmudov has predicted that leading meme cryptocurrency Dogecoin will be replaced by another meme coin in 2024.
“The biggest trick they can play on you is to convince you that Dogecoin (DOGE) cannot be replaced,” Mahmudov wrote in a social media post. The prediction has sparked a discussion about which meme coins could take Dogecoin’s coveted throne.
Shiba Inu (SHIB) – Burning Tokens, Boosting Value
The Shiba Inu team’s strategy of continuously destroying tokens is designed to reduce SHIB’s large supply and boost its value. The destruction process involves sending tokens to dead wallets, thus permanently removing them from circulation.
Aptos (APT) – Navigating uncertainty amid integration
The integration of Tether into the Aptos blockchain, which was intended to reduce transaction costs and increase user engagement, has not stabilized the price of Aptos. Currently, it is hovering near key support levels despite an increase in the number of daily active users.