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    Next Cryptocurrency to Explode on Tuesday, July 2nd – Astar, Beam, Metaplex, MultiversX

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    Although cryptocurrency prices have been falling for some time, the overall market sentiment remains positive. Recently, Bitcoin (BTC) has been struggling to get back to $62,000 and above, while Ethereum (ETH) is struggling to get back to $3,500.

    However, specifying The next cryptocurrencies will explode It may take some work as most funds are drawn to large assets. Today’s article explores the performance of the cryptocurrencies that dominated the gainers list over the past 24 hours. The goal is to identify coins with potential and inform investors and traders about each token.

    The next cryptocurrency will explode

    Today’s article discusses the performance of potentially explosive cryptocurrencies that investors should add to their watchlist. It also includes a special mention of Pepe Unchained, a new coin called Pepe that was launched on the Ethereum Layer 2 blockchain. Within minutes, it attracted over $150,000 in investments. Here are the details of the presale and performance of today’s top performing cryptocurrencies.

    1. Stars

    Astar Network is a hub for decentralized applications (dApps) and supports layer-2 solutions such as Ethereum, WebAssembly, and ZK Rollups on Polkadot. It strives to be a versatile smart contract platform that integrates multiple blockchains and virtual machines.

    According to Astar, its design aims to provide the best environment for developers. By supporting the Ethereum Virtual Machine (EVM) and creating a subchain, it enables EVM and WebAssembly (WASM) smart contracts to coexist and interact seamlessly.

    Astar Network is building a scalable and interoperable infrastructure for Web 3.0. Built on Parity’s Substrate framework, Astar Network can serve as a scalable smart contract platform and a potential future Polkadot parachain. Polkadot Relaychain does not support smart contracts by design, allowing Astar to address this gap. Scalability is a fundamental need for dApp developers, and Astar aims to provide a platform where developers can build applications without worrying about scalability.

    Astar has recently seen a 24-hour gain of 7.09% and a year-to-date rise of 72.35%. Its high liquidity and volume-to-market-cap ratio of 0.0142 ensure strong trading activity. With a neutral RSI of 57.65 and green days of 47%, Astar shows similar stability to Metaplex and Helium but without their significant gains. However, trading 423.50% above its 200-day simple moving average indicates steady growth and potential for a significant increase.

    2. BEAM

    Beam (BEAM) stock is the biggest gainer today, showing strong price action. A detailed analysis reveals significant bullish momentum, with Beam stock closing above the Ichimoku cloud. Additionally, the Volume Oscillator indicator has risen significantly, indicating strong buying interest. Beam stock is priced at $0.01879, representing an increase of 11.16% over the past 24 hours.

    Developed by Merit Circle DAO, Beam offers various services and platforms to enhance gaming through blockchain technology. The ecosystem includes BeamOS, which integrates all components into a unified user experience, Beam Hub for discovering new games and participating in tournaments, Sphere – a dedicated NFT marketplace for gaming items, and the Beam Companion app for managing multiple gaming accounts.

    BEAM Pricing Chart

    Beam has also partnered with Immutable to integrate zkEVM technology, which enhances the security and scalability of blockchain transactions in games. This collaboration facilitates the easy and secure sale of in-game assets, attracting more game developers and players to the platform.

    Amidst the increasing volatility in the cryptocurrency market, BEAM saw a 215.87% surge in trading volume. The altcoin also gained 14.84% over the past week, reflecting the growing bullish sentiment. The Relative Strength Index (RSI) retested the oversold range, leading to a sharp rise in BEAM price. The moving average has taken an upward curve, indicating a positive outlook for BEAM this week.

    If BEAM price continues to trade with bullish sentiment, it may test the upper resistance level at $0.028330. However, if a bearish reversal occurs, it may drop to the crucial support level at $0.013911.

    3. Baby Unrestricted (PEPU)

    Baby Unlimited ($PEPU) It raised $1.2 million in its first week and added another $718,000 in the past three days, for a total of $1.918 million. The project is quickly gaining momentum, attracting attention in the crypto market with a more powerful and faster version of Pepe that includes its own layer 2 blockchain on Ethereum.

    The $PEPU token is currently priced at $0.0081939, but it will rise to $0.00822670 in less than 24 hours as the presale advances to the next stage. Every day, more investors discover this improved version of Pepe, increasing the likelihood that it will be listed on a major exchange that could boost its price significantly. The 46% increase in funds raised is much higher than the gains seen with other Pepe-themed coins. This surge has put $PEPU in the spotlight, raising expectations for the launch of its own blockchain.

    Pepe Unchained’s layer 2 solution on Ethereum allows for higher transaction capabilities and lower fees. This innovation sets $PEPU apart from previous versions. While an exact launch date for the chain has not been announced, Pepe Unchained on X has hinted that updates are coming soon.

    Investors are also excited that the chain aims to improve transactions and create an ecosystem that could position $PEPU as a market leader. This new blockchain ecosystem, including its own blockchain explorer, could serve as a launchpad for other tokens.

    The presale is still ongoing and includes participation features for investors who want to join. Participation allows investors to increase $Bibo Waiting for blockchain launch, offering 1,115% annual return. Get $PEPU now before it overtakes other leading meme coins!

    Visit the Pepe Unchained pre-sale site

    4. Metaplex (MPLX)

    Metaplex is a decentralized protocol built on the Solana blockchain. It supports the creation, trading, and use of digital assets. It includes utilities such as Packs, Fusion, and Encrypted NFTs, which aim to make digital commerce more accessible and scalable for the NFT community. The MPLX token governs the protocol through the Metaplex DAO.

    Metaplex Foundation recently announced MPL-404, an innovative framework and on-chain protocol designed for hybrid DeFi on Solana. In collaboration with Mutant Labs, this development aims to transform how tradable and non-tradable assets are integrated within the Solana ecosystem.

    MPL-404 enables easy switching of fungible and non-fungible tokens, representing a major advance in the utility of NFTs. Additionally, it provides dynamic recyclability of on-chain attributes and identities, providing token communities with new possibilities for innovation and growth.

    MPLX Price Chart

    MPLX is up over 21% in the past 24 hours. Over the past year, it is up 380.03%, outperforming 78% of the top 100 crypto assets. Currently, it is trading 436.22% above its 200-day SMA, with its SMA at $0.07073, indicating a stable trend.

    The 14-day RSI is neutral at 59.65, indicating a potential sideways movement. However, 47% of the last 30 trading days have been positive. Metaplex has a 30-day volatility of 10%, indicating relatively stable price movements. Despite this stability, liquidity is low, with a volume-to-market-cap ratio of 0.0137.

    5. Multiverse X (EGLD)

    Today, MultiversX (EGLD) is seeing significant gains reflected in its price action. A detailed analysis shows that EGLD is on a strong upward trajectory within a bullish fork, indicating a stable uptrend. The MACD is indicating increasing bullish momentum, with the MACD line above the signal line and both lines moving upward. At the time of writing, MultiversX is priced at $32.39, representing an 8% increase in the last 24 hours.

    According to social intelligence firm LunarCrush, MultiversX currently leads in social and market activity, surpassing Helium, Akash Network, and others. MultiversX has launched new initiatives to support its growing community. After the Quest Portal and Community Grants Program, it has now introduced the Building Blocks Grants Program, supported by the MultiversX Foundation.

    MultiversX Price Chart

    The program helps construction companies by covering gas costs, supporting early-stage blockchain development, and encouraging growth within the MultiversX ecosystem. Additionally, MultiversX is expanding its global presence by opening a new hub in Seoul, South Korea. The move aims to capitalize on the country’s strong interest in technology and blockchain, and strengthen its position in the international market.

    Previously, CNF reported that MultiversX had achieved remarkable success in development activity, surpassing Decentraland. According to Santiment, MultiversX recorded 236.93 significant events on GitHub compared to 150.4 for Decentraland. This significant difference highlights MultiversX’s position as a leading blockchain gaming platform.

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