Next Cryptocurrency to Explode, November 12 — AIOZ Network, EGO, Pepe
The cryptocurrency market experiences changes and developments that shape investment choices every day. Last month, the cryptocurrency market experienced heightened volatility as several tokens experienced price fluctuations. But things are already starting to look up for smart investors.
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 FreeDum Fighters. FreeDum Fighters is a satirical token that combines crypto with political drama. In stage 1 of its presale, the project has already laid a clear roadmap. Investors looking for something fresh should consider adding FreeDum Fighters to their watchlist.
1. AIOZ Network (AIOZ)
AIOZ Network is a decentralised platform designed for Web3 AI, storage, and streaming. It is focused on building a faster, more secure, and decentralised future. By using a global network of decentralised infrastructure providers (DePINs), AIOZ allows users to earn rewards for sharing computational resources. These resources help store, transcode, and stream digital media content while also supporting decentralised AI processing.
Currently, AIOZ trades within a range of $0.5110 to $0.7973, with resistance at $0.84 and support at $0.5. In the last 24 hours, AIOZ has surged by over 40% and has more than tripled in value over the past six months. This price action reflects a balanced struggle between bulls and bears, signalling strong interest in its growth potential.
The daily chart for AIOZ shows a declining parallel channel pattern, with the price currently near the upper boundary. The $0.87 level serves as a key resistance zone. The Relative Strength Index (RSI) is neutral at about 51, indicating balanced momentum. If AIOZ can break through the $0.84 resistance, it could gain another 10%, pushing towards the next barrier at $0.91. On the other hand, if it drops below $0.51, it may slide down 15% to find support at $0.47.
Moreover, AIOZ Network has partnered with Sei Network to advance decentralised infrastructure solutions. This collaboration allows developers in the Sei ecosystem to access infrastructure-as-a-service options, including AIOZ W3S (S3-compatible storage), AIOZ W3IPFS (Web3 IPFS pinning service), AIOZ W3AI (AI-as-a-service), and AIOZ W3Stream.
2. EGO (EGO)
EGO is the internal token for Paysenger, a platform designed to connect content creators, fans, and brands. Paysenger brings together top tools for content monetisation and audience engagement, making it a valuable space for creators. Today, EGO saw a massive price surge of 194.53% in just 24 hours, reaching $0.02323. The token’s market cap has also increased by over 190%, hitting $1.3 million, while trading volume rose 1673.58% to $8.56 million.
The sentiment around EGO’s price prediction is currently bullish. Additionally, its high Fear & Greed Index score of 80 signals optimism about continued growth.
Supported by industry leaders like Polygon and ConsenSys, Paysenger bridges a large web-2 audience with the blockchain world. Although crypto isn’t required to use the platform, many creators and experts are gradually exploring crypto through it.
The EGO token is essential for fully utilising Paysenger’s platform. Unlike many Web3 projects that lack a unique user experience, Paysenger stands out with its crypto integration. Through EGO, the platform expands creators’ fanbase by allowing active but less wealthy fans to earn tokens directly on the platform. These tokens can then be spent to support their favourite creators.
With strong fundamentals, EGO shows promising potential for growth. If Paysenger secures more partnerships with other networks, the token’s price could surpass $1.52 this year. If the crypto market remains bullish, we expect EGO’s average price to reach around $0.19 by November.
3. FreeDum Fighters (DUM)
FreeDum Fighters is drawing attention by blending political satire with real investment opportunities. The project features robotic versions of political figures like Trump and Harris in a unique staking platform. Investors can choose between MAGATRON and Kamacop 9000, each offering impressive APYs—MAGATRON offers 273%, while Kamacop 9000 provides a strong 733%.
This approach keeps investors engaged, especially as rewards change with each project phase. FreeDum Fighters also includes a weekly debate where $DUM token holders can support their faction and earn extra rewards. Those who stand out in these debates receive airdrops called “covert government funds,” adding an engaging twist to the platform.
Future phases will introduce more political figures with their staking pools and rewards, expanding the platform. Currently, FreeDum Fighters is close to reaching $500,000 in ICO funding. Its presale structure offers rewards for early investors, with the first phase pricing tokens at $0.00006 each. This is significantly lower than the later stages, where prices might reach $0.00125, offering over a 2x return. Investors can swap for $DUM tokens using $ETH, $BNB, $USDT, $USDC, or $SOL.
To encourage more participation, FreeDum Fighters launched a Gleam giveaway on October 31. Participants complete tasks like following the project on X (formerly Twitter) and joining its Telegram channel. Five winners will split a $1,000 prize, each receiving $200. FreeDum Fighters is well-positioned to capitalise on the market’s current bullish sentiment as interest from retail investors grows.
Buy DUM Tokens Here
4. Pepe (PEPE)
Pepe (PEPE) is seeing strong growth across the charts, positioning itself as one of the leading meme coins. Over the past week, PEPE’s price jumped by over 10%, as per CoinMarketCap data. Additionally, PEPE’s market cap rose from $3.90 billion to $4.40 billion, reflecting growing interest.
The recent surge was partly fueled by Donald Trump’s presidential victory, with further support from Robinhood’s listing of PEPE on its European platform. This listing allows users to earn PEPE rewards and gain a 1% deposit bonus. Analysts remain optimistic about PEPE, with some projecting a strong upward trend based on both technical indicators and market sentiment.
According to TradingView, PEPE is trading above its 10-day EMA of $0.0000092 and 30-day EMA of $0.0000093, indicating a continued upward momentum. Its momentum indicator sits in the buy zone, suggesting a possible bullish trend ahead. Investors are closely watching PEPE’s movement as it approaches previous resistance levels, with many expecting it to break through.
This past week, PEPE has shown substantial upward momentum, with the latest price at $0.00001263, marking a 5.15% increase within the day. However, there is still some volatility, as seen in a daily low of $0.00001148 and a high of $0.00001309.
Furthermore, whale activity in PEPE has surged, with over 244 transactions involving amounts above $100,000. This increase in whale interest coincides with PEPE’s rising prices, signalling further market momentum. This elevated transaction volume could draw in more investors, potentially amplifying PEPE’s market volatility.
5. UNUS SED LEO (LEO)
UNUS SED LEO is a utility token designed for the iFinex ecosystem and is mainly used on the Bitfinex exchange. It operates across two blockchains, with 64% of its supply on Ethereum and 36% on EOS. This dual-chain setup offers both flexibility and added security, appealing to a wide range of users.
LEO holders gain benefits on Bitfinex, including reduced trading fees based on the amount of LEO they hold. In addition to lower trading fees, users enjoy reduced funding costs and rewards through the Bitfinex referral program.
A key feature of LEO is its buyback and burn system. Bitfinex’s parent company, iFinex, uses 27% of its revenue to repurchase LEO tokens, which helps reduce supply. As one of the leading exchange-issued tokens, LEO stands out in competition with similar tokens from Binance, OKEx, and Crypto.com.
UNUS SED LEO is currently trading at $6.20, showing a 0.64% increase over the last 24 hours and a 2.45% rise in the past week. Its liquidity is still limited, with a volume-to-market-cap ratio of 0.0027, but its 24-hour trading volume surged over 55% to reach $16.03 million. Furthermore, the market sentiment for LEO is bullish, with the Fear & Greed Index displaying a score of 80, indicating “Extreme Greed.”
LEO has shown strong momentum, with 16 green days in the last month. It trades 61.80% above its 200-day simple moving average of $3.85, indicating solid performance. Over the past year, LEO’s value increased by 52%, outperforming 45% of the top 100 crypto assets.
Read More
- Next Cryptocurrency to Explode, 2024
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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