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    Next Cryptocurrency to Explode on Friday, August 30th – ConstitutionDAO, Axie Infinity, Sun Token, Flare

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    Some cryptocurrencies seem to be trying to recover again in the altcoin market. Investors should stay vigilant during this consolidation phase as it could be an opportunity to take advantage of the uptrend.

    Institutional investors are now paying more attention to the compatibility between assets and their tokens in the real world. The prices of these assets are rising, even before the market has fully taken off. The goal is to identify The next cryptocurrencies will explode Informing investors and traders about each symbol.

    The next cryptocurrency will explode

    The cryptocurrency market will be all about altcoins and meme coins in the coming month, making the most of the altcoin market. Therefore, investors can take advantage of this moment and take a position in upcoming tokens like PlayDoge. PlayDoge is a new Doge meme coin that uses play-to-money technology to create a gaming economy with real, monetizable value. This post covers the details of its presale.

    1. ConstitutionDAO (People)

    ConstitutionDAO began as a crowdfunding effort by Web 3 enthusiasts to purchase an original copy of the United States Constitution at a Sotheby’s auction. Although the bid was unsuccessful, the project has evolved into a decentralized autonomous organization (DAO) with the PEOPLE token at its core. This token now represents ConstitutionDAO and has historical significance.

    PEOPLE’s community-oriented approach has led to a significant price increase since its launch. Over the past 24 hours, the coin has gained over 6%, highlighting its short-term potential. The 7-day and monthly charts also show strong gains, with a staggering 629.63% increase over the past year, indicating strong long-term prospects.

    ConstitutionDAO (PEOPLE) attracts investors with its unique strategy of collective asset ownership. It aims to democratize the purchase of valuable assets through blockchain technology, ensuring transparency and security. The token’s rapid rise in popularity is due to viral marketing campaigns, major exchange listings, and an active community.

    The latest 7-day data from CoinMarketCap shows a growing interest in ConstitutionDAO (PEOPLE). The coin’s 24-hour trading volume has increased by 36.51%, reaching $324,566,117. Despite recently trading below the $0.1 support level, analysts are expecting a recovery. The coin could soon surpass its all-time high thanks to positive momentum from spot Bitcoin exchange-traded funds (ETFs).

    2. AXS Infinity

    Blockchain gaming is gaining momentum, and one notable project is Axie Infinity. Powered by its native token AXS, the platform has created quite a buzz by allowing users to earn through gaming. Since its launch, AXS has seen impressive growth, generating a return on investment of 3,713.12%, even amidst a slowing market. Its strong performance has caught the attention of many in the industry.

    Axie Infinity Price Chart

    However, recent market conditions have weighed on AXS. The token price has fallen by 4.23% over the past week and 17.00% over the past month. With a year-over-year return of -49.08%, AXS currently ranks 82nd in terms of market cap, worth $718.076 million. If the market turns bullish, AXS could regain momentum and test its upper resistance level at $6.70.

    Looking ahead, AXS has shown resilience to major downturns, indicating potential for collective growth. If market conditions improve, AXS stock could reach $10.12 by the end of 2024. The future looks bright for Axie Infinity, with stock potentially reaching $14.23 by the end of 2025 if the network successfully executes on its growth plans.

    3. PLAY

    Play DogDogecoin, an alternative to Dogecoin, has seen a massive surge after being listed on decentralized exchanges yesterday. The token’s price jumped 24%, reaching $0.00268 on the PLAY/WETH range and $0.00186 on the PLAY/WBNB range. The impressive performance has boosted its market cap to $17.5 million. The listings come after a successful pre-sale where PlayDoge raised over $6.5 million from enthusiastic contributors eager to explore its 2D play-to-money game.

    Unlike many meme coins, PlayDoge offers a unique Tamagotchi-style virtual pet gaming platform. This unique feature adds real utility and sets it apart in a crowded crypto market. While some early investors may choose to take profits, the option to stake tokens from the presale and the promising gaming platform offer attractive opportunities. PlayDoge could be a compelling option in the crypto landscape for investors looking for a balanced risk-reward scenario.

    PlayDoge players interact with their favorite dog breeds in person and earn rewards. By caring for their virtual pets, users earn PLAY tokens, giving their efforts tangible value. This play-to-money model drives user engagement and positions PlayDoge to have an impact on the gaming industry. With the play-to-money market expected to reach $6.3 billion by 2031, PlayDoge is well positioned to capitalize on this growing trend.

    Looking ahead, $PLAY token holders could see significant returns on their investment. As the game officially launches and attracts more players and token holders, the demand and value of $PLAY is expected to increase. However, as with all investments, potential investors should conduct thorough research and consider market fluctuations before making decisions.

    Buy PlayDoge Tokens Now

    4. SUN symbol

    SUN is a governance token on SUN.io, TRON’s first stablecoin exchange, token mining, and self-governance platform. SUN offers holders various benefits, including voting rights, governance roles, value capture, and staking rewards.

    Over the past 24 hours, SUN’s price has jumped by more than 9%, with a trading volume of $262.577 million. Additionally, it has gained nearly 36% in the past week and is up 600.72% this year. With a market cap of $368.646 million, it is currently ranked 139th. The Relative Strength Index (RSI) is showing a sharp rise, pushing SUN into the overbought zone on the 1-day chart. This indicates an ongoing uptrend, suggesting that SUN’s price could continue to rise.

    Sun Token Price Chart

    If SUN sustains its price above the $0.0340 support level, it may target the $0.0430 upper resistance level in the coming weeks. However, a trend reversal may lead the price to retest the $0.0180 low.

    5. Glow (FLR)

    Flare is a layer-one blockchain that uses the Ethereum Virtual Machine (EVM) to enhance the functionality of the blockchain. It aims to give developers decentralized access to trusted data from different blockchains and the internet. This capability opens up new possibilities for creating applications and monetizing opportunities.

    Flare also enables decentralized applications (dApps) to support multiple blockchains with a single deployment. Flare recently integrated with Stargate Finance, allowing for seamless liquidity transfers across 25+ blockchains, including Ethereum, Arbitrum, Optimism, and Base. Stargate V2’s Hydra feature facilitates easy transfers of USDC, USDT, and ETH to Flare.

    FLR price chart

    Today, Flare price is $0.01652, up 2.41% in the last 24 hours. According to CoinCodex, Flare can trade between $0.018926 and $0.089576. If it reaches the higher target, FLR could become The next cryptocurrency will explode.

    Furthermore, Flare Network has made significant strides in cross-chain security by integrating Polyhedra’s zkBridge, a cutting-edge cross-chain consensus protocol. Announced on August 27, 2024, this integration enhances Flare’s capabilities, allowing developers to build more secure and efficient cross-chain decentralized applications using zero-knowledge proofs (ZK proofs).

    As Flare continues to improve cross-chain interoperability, it is positioning itself as one of the top cryptocurrencies to watch. This integration coincides with the recent positive price action of the Flare token.

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