The cryptocurrency market looks relatively neutral, but some coins are trying to bounce back. Investors need to stay alert during this consolidation phase, as it could be a chance to ride a rising trend.
Investors are keeping a close eye on the cryptocurrency market as several coins show promising signs of recovery. With the market consolidating, investors have an opportunity to identify potential rising trends and make informed decisions.
Institutions are now focusing on interoperability and tokenizing real-world assets. As the market prepares for a bull run, prices of these assets are rising. The goal is to identify the next cryptocurrencies set to explode and keep investors and traders updated on each token.
Next Cryptocurrency To Explode
Attention in the crypto market in the coming month will be directed towards the altcoin and meme coin sectors to capitalize on the moment and make the most of the altcoin market. Hence, investors can take a position in upcoming tokens like PlayDoge. PlayDoge is a new Doge meme coin that uses play-to-earn technology to create a gaming economy with real monetizable value. This post covers the details of its presale.
1. Pixels (PIXEL)
Pixels (PIXEL) is a captivating social casual web3 game powered by the Ronin Network. This game offers players an open-world experience focused on farming, exploration, and creation, all within a blockchain-backed environment.
Pixels encourages players to gather resources, improve their skills, and build relationships through various adventures. It seamlessly integrates blockchain technology, enabling players to own their in-game assets and track their progress. This creates a world where blockchain ownership is naturally incorporated into the gameplay.
Today, the PIXEL price is $0.05408, reflecting a 20.34% increase in the last 24 hours. Although the PIXEL price prediction sentiment is currently bearish, the Fear & Greed Index score is 73 (Greed). This indicates a rise in token transactions and suggests growing optimism about an uptrend.
If the PIXEL project collaborates with other networks, the PIXEL coin’s price could cross $2.7 by 2024. Additionally, if the crypto market trend continues to be bullish, the average cost of the PIXEL Coin might remain around $2.37 in 2024.
At the same time, Pixels has integrated NFTs into the game. This integration allows users to easily connect their wallets and interact with their digital assets within the game. This step demonstrates Pixels’ dedication to leveraging blockchain technology and providing an immersive gaming experience.
2. PlayDoge (PLAY)
In just a few days after launching, PlayDoge has raised more than $1.2 million in its ongoing presale. The $PLAY meme coin, inspired by Dogecoin, is based on the Shiba Inu dog breed. However, it differs from the popular meme coin in several ways.
Moreover, PlayDoge is an innovative Play-to-Earn (P2E) mobile game. It adapts the DOGE meme, making it more interactive. The game turns the Doge meme into a Tamagotchi-style virtual pet, allowing players to earn $PLAY tokens while they play.
The project’s mascot is PlayDoge, a virtual dog companion in the play-to-earn (P2E) system. With PlayDoge, players can earn rewards by caring for their pets and embarking on exciting adventures.
Unlike Dogecoin, PlayDoge operates on the BNB Chain, which Binance developed. This ensures efficient transactions and smooth integration of gaming activities. Besides earning rewards through P2E, token holders can also earn passively by staking $PLAY, which offers an impressive 412% annual percentage yield (APY).
The recent success of $PEPE and $BONK demonstrates the ongoing popularity of meme coins, highlighting the potential of PlayDoge. $PLAY not only has viral appeal but also real-world utility, making it a strong contender in the market. Currently, $PLAY tokens are available for $0.00501 each. With a price increase expected in less than four days, securing the best deal fast is a good idea.
3. Highstreet (HIGH)
The price of Highstreet (HIGH) rose by 11.39% in the past 24 hours, reaching $7.49. Meanwhile, its market capitalization increased by 11%, surpassing $377 million. Trading volume also climbed to $73,230,319, marking a 21.63% increase over the same period.
Additionally, the HIGH token price has surged by 55.90% in the past one week, demonstrating strong bullish momentum. The weekly chart reveals a rounding bottom reversal pattern for this metaverse token. The current bull run has already exceeded the 78.60% Fibonacci retracement level, suggesting a potential rise to a new all-time high soon.
The Highstreet team has been actively working on several projects. They have been implementing virtual reality and revealing concept art that explores the project’s lore. Highstreet merges Shopify experiences with MMORPGs for brands, offering players an exceptional Metaverse experience
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