Earning significant ROI in a bull market could mean paying attention to the meme coins and Altcoins with explosive potential. However, identifying cryptocurrencies with explosive potential 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
It’s that time in the market when investors and traders take a position to either edge their gains or capitalize on emerging trends. Experts believe investors have a better chance of finding the next cryptocurrency to explode among upcoming crypto projects. Therefore, investors should consider Best Wallet’s $BEST Token. Users can stake their BEST tokens and earn a massive 352% annual return, a standout feature in crypto. Updates on the project and its prospects are shared below.
1. Fartcoin (FARTCOIN)
Fartcoin’s performance has been a mixed bag recently. While it’s down over 15% for the week, the token showed resilience with an impressive 16.98% gain in the last 24 hours, trading at $0.9756 as of 6:58 a.m. EST. Over the past month, Fartcoin has been on a bullish streak, recording a remarkable 464% increase in value, making it a standout in the meme coin market.
For weeks, the token has struggled to break through a key resistance level at $1.0249. However, it might clear this barrier. In that case, analysts suggest it could gain the momentum needed to push higher, potentially reaching the next significant resistance at $1.1618 within the next 48 hours.
Conversely, failure to close a 4-hour candle above $1.0249 in the next 12 hours could dampen bullish hopes. In this scenario, Fartcoin might test the immediate support level at $0.8828. A drop below this level could expose the token to a further decline, with a target of $0.7144 in the short term.
From a technical perspective, Fartcoin shows promising signs of a potential breakout. Indicators on the 4-hour chart suggest that the token might soon overcome its resistance. The Relative Strength Index (RSI) is trending toward the neutral 50 mark, indicating growing buyer interest.
Fart freely! 💚💨 https://t.co/ejH38Td8Xi
— Fartcoin💨 (@FartCoinOfSOL) December 30, 2024
Moreover, the Moving Average Convergence Divergence (MACD) shows the MACD line narrowing its gap with the signal line. While the token remains in a bearish trend, this convergence hints at a possible bullish reversal.
If these early bullish signals gain traction, traders might act quickly, pushing Fartcoin’s price above the $1.0249 resistance level. All eyes are on whether Fartcoin can solidify its position and continue its upward trajectory, keeping its momentum alive in the unpredictable meme coin market.
2. Stellar (XLM)
The cryptocurrency market is starting the new year positively, showing signs of recovery after December’s significant correction. Among the tokens gaining attention is Stellar (XLM), which, despite recent challenges, is now regaining momentum with a 6% rise today. This upward movement brings hope for a potential breakout.
XLM’s earlier decline was due to rejection at the $0.63 resistance level, marking the top of a falling wedge pattern. This pullback tested the wedge’s lower support several times, showing strong buyer interest near these levels. Currently trading at $0.352, XLM has bounced sharply from the wedge’s lower boundary and is nearing its converging point. Historically, falling wedge patterns suggest bullish breakouts, and XLM appears to align with this setup.
If XLM maintains its momentum and breaks above the $0.3524 resistance, it could aim for higher targets at $0.46 and $0.63, potentially delivering a 74% gain from its current price. However, failure to break out might lead to another test of the lower support zone at $0.33, making these levels crucial for traders to watch.
350 million people in Africa don't have access to bank accounts, and only 20% of families have formal bank accounts.@fonbnk1 provides a real-world solution to this problem by turning 8 billion active prepaid SIM cards globally into virtual debit cards with Stellar.
Here's how…
— Stellar (@StellarOrg) December 30, 2024
Meanwhile, Stellar’s partnership with Fonbnk is creating a buzz. This collaboration allows prepaid SIM cards to be converted into virtual debit cards, promoting financial inclusion for millions in Africa. With 350 million unbanked individuals and only 20% of families using formal banking services, Fonbnk’s solution is innovative and timely. Users can redeem airtime for USDC by integrating the Stellar blockchain, granting access to global financial services.
With technical patterns and real-world utility driving its growth, XLM is a token to watch as it approaches a pivotal moment in its price movement and adoption journey.
3. Best Wallet Token (BEST)
Best Wallet ($BEST) has crossed an impressive milestone, surpassing $6 million in its presale for a cross-chain Web3 wallet. The presale continues to attract over $100,000 in daily inflows, even with the rising competition from other emerging projects. While many prominent cryptocurrencies faced price drops in December 2024, $BEST has remained resilient, reflecting strong investor trust in its long-term potential.
Moreover, Best Wallet has introduced an exciting airdrop campaign that rewards users for active participation. By completing daily and seasonal quests, investors earn points that can be converted into $BEST tokens. Engaging with the growing community on X and referring others offers even more points and passive rewards tied to referral activity.
Getting involved in the Best Wallet presale is straightforward. Investors can visit the official website, connect their crypto wallets, and purchase tokens using currencies like ETH, USDT, or BNB. Alternatively, $BEST can be bought directly from the Best Wallet app, available on Google Play and the Apple App Store, for $0.023425 using fiat or crypto. For those with existing wallets, integration is seamless—platforms like MetaMask can be linked to manage all assets in one secure location.
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— Best Wallet (@BestWalletHQ) January 1, 2025
The staking opportunities further boost the appeal of $BEST. With a generous 352% APY, investors can earn additional tokens immediately. Over 75 million $BEST have already been locked for staking, signaling strong confidence in the project’s future.
To enhance security and market stability, 10% of the total token supply has been allocated for liquidity, minimizing risks like market manipulation and slippage. Additionally, a thorough audit by Coinsult confirmed no significant vulnerabilities in $BEST’s smart contract, providing further assurance to investors. If Best Wallet can replicate the success of popular platforms like Trust Wallet, its token holds the potential for 100x to 500x growth.
Visit the Best Wallet Website
4. Peanut the Squirrel (PNUT)
Peanut the Squirrel ($PNUT) has captured significant attention in the crypto market. Its price rose by 6.83% in the past 24 hours to trade at $0.6855 as of 9:32 a.m. EST. This price increase comes even as trading volume experienced a slight drop of 5.47%, now totaling $334.42 million, according to CoinMarketCap.
The token’s recent surge can be attributed to a unique viral moment on social media, where Peanut, a pet squirrel, became a sensation after being seized over rabies concerns in the U.S. Following confirmation from local officials that Peanut tested negative for rabies, interest in the token spiked dramatically.
$PNUT has demonstrated strong bullish momentum. The price has surpassed the 50-day Simple Moving Average (SMA), indicating its upward trend. Additionally, the Relative Strength Index (RSI) has climbed to an impressive 85, signaling significant buying pressure. However, this high RSI level also suggests the token may be overvalued, which could lead to a potential selling phase.
A toast to our first yearly close 🥂
It’s been a rollercoaster so far, and we’re ready for an even nuttier year ahead 🥜🐿️
Party hard this evening folks, you’ve earned it.
Happy New Year from the $PNUT team! 🍾🥳 pic.twitter.com/HIu3OQPatJ
— PNUT – Peanut The Squirrel (@pnutsolana) December 31, 2024
The Moving Average Convergence Divergence (MACD) further supports the bullish trend, with the MACD line crossing above the signal line, indicating sustained positive momentum.
If this upward movement continues, $PNUT could reach the $1.00 mark shortly, driven by strong community support and increasing interest in its unique story. However, a correction is possible.
5. Kaia (KAIA)
Kaia, created through the merger of the Klaytn and Finschia blockchains, is gaining recognition as the largest Web3 ecosystem in its region. Initially developed by tech giants Kakao and LINE, Kaia offers seamless integration with popular messaging apps like Kakaotalk and LINE, granting over 250 million users easy access to Web3 features without leaving their favorite platforms.
The token’s performance reflects its growing appeal. Currently trading at $0.201, Kaia has experienced a 1.45% increase in the past 24 hours. Its market cap has reached an impressive $1.18 billion, although its 24-hour trading volume has seen a slight dip of 23.51%, now at $31.4 million. The token’s journey has been marked by notable milestones, including its all-time high of $0.147526 on October 30, 2024, just a day after hitting its lowest price of $0.121346.
Kaia’s solid foundation and strong community support suggest promising growth potential. Analysts believe that strategic partnerships could push its value to $0.5364, with the average price possibly stabilizing around $0.20 if the current bullish trend continues through November.
Hello from 2025: The Year of LINE's Mini Dapps
✅800+ teams have completed Kaia Wave applications
✅20 early launch teams have been revealed
✅10 first-month launch teams to be unveiled in early January
🔥150 teams are set to onboard in the first half of 2025
2024 was big,… pic.twitter.com/RvuHzghQ1B
— Dapp Portal (@dapp_portal) December 30, 2024
Beyond its price movement, Kaia is driving innovation in the Web3 space. Binance Futures recently announced the Kaia (KAIA) Perpetual Contract listing in the USD-margined segment. This listing, launched on December 4, 2024, allows traders to leverage up to 75x, offering significant trading opportunities.
Exciting developments are also on the horizon. Kaia’s upcoming DApp Portal on LINE is set to bring gaming, NFTs, and other Web3 applications to over 196 million users across Japan, Thailand, Taiwan, Indonesia, and beyond. This initiative could be a key driver for Web3’s mass adoption in these markets.
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Next Cryptocurrency to Explode, 2025
