The following cryptocurrencies are set to explode on Friday, September 6th: Toncoin, Super Zero Protocol, Gomining, Covalent X Token

Cryptocurrency prices have been volatile for some time, and the overall market sentiment is bearish. Bitcoin (BTC) is struggling to get back above $60,000, while Ethereum (ETH) is trying to stabilize at $2,500.

But identification The next cryptocurrency to explode Since most funds are attracted to asset pumping, it may take some work. In today’s article, we will look at the performance of cryptocurrencies that dominated the list of gainers in the last 24 hours. The goal is to identify coins with potential and inform investors and traders about each token.

The Next Cryptocurrency to Explode

In today’s article, we discuss the performance of a potentially explosive cryptocurrency that investors should add to their watchlist. We also include a special mention of Pepe Unchained, a new Pepe-themed meme coin launched on the Ethereum Layer 2 blockchain. It raised over $150,000 in investment in a matter of minutes. Details of the presale and the performance of today’s best performing cryptocurrencies are shared below.

1. TON Coin (TON)

Toncoin (TON) recently surged more than 7% after Telegram CEO Pavel Durov criticized the French investigation into illegal activities following his arrest. As of 2:45 a.m. ET, TON was trading at $4.87 on the back of Durov’s comments.

According to IntoTheBlock data, many Toncoin holders are currently seeing losses. Only about 9% of holders are seeing profits, with most seeing negative returns. However, many of the wallets that hold TON have been around for less than a year, suggesting recent investor inflows. This downtrend could be a temporary correction before the next big rally.

In August, Binance listed Toncoin, offering trading pairs such as TON/BTC and TON/USDT. Following this announcement, the price of TON surged by more than 10%. Today, TON is up 7% in the last 24 hours, with a daily volume of 40.94%, reaching $379,054,000.

There are over 100 integrations in progress. #USDtThere’s a tone in every pocket!

TON’s USDt has achieved a significant milestone and is now available on over 100 platforms worldwide!
We are closer than ever to our goal of creating USDt. #ton The world’s most accessible stablecoin 🗺️

Learn more:… pic.twitter.com/fLcDG4LNAU

— TON 💎 (@ton_blockchain) September 6, 2024

Basic developments are also driving Toncoin’s rise. On August 14, the TON Foundation launched TON Ventures, a $40 million fund to support early-stage projects on the TON blockchain. This move is expected to attract more developers and projects to the network.

2. Super Zero Protocol (SERO)

SERO is a privacy-preserving platform for decentralized applications (DApps). It aims to be the next-generation privacy blockchain that supports smart contracts and enables the issuance of privacy coins and anonymous assets. The platform allows developers to issue privacy coins and use them within DApps.

In addition, SERO claims to have built the world’s fastest zero-knowledge proof cryptographic library called “Super-ZK”, which is said to be over 20x faster than the latest zk-SNARK (an upgrade of Sapling) used by Zcash. SERO also claims to be the first privacy coin protocol to support smart contracts using zero-knowledge proofs.

At the time of writing, SERO is priced at $0.877799, up 18.42% in the last 24 hours. The daily volume has increased by 18.37% to $1,367,247. This bullish trend suggests growing optimism about the price increase.

With strong fundamentals and support from a dedicated crypto community, SERO has the potential to grow significantly in the future. If the project announces collaborations with other networks, the coin price could surpass its previous highs by 2024. Furthermore, if the current bullish trend in the crypto market continues, we expect SERO’s average cost to reach higher levels by 2025.

3. Pepe Unchained (PEPU)

Pepe Unchained ($PEPU) It has reached a major milestone, raising more than $12 million in pre-sales. Early Wednesday morning it stood at $11.85 million, but in less than 24 hours another $150,000 was added, bringing the total to its current amount.

Originally expected to reach $12 million by the end of the week, Pepe Unchained has achieved this goal ahead of schedule. Whales played a key role by buying large amounts of $PEPU during the market downturn on Tuesday. The token is currently priced at $0.0094982 and will rise to $0.0095362 as the presale progresses.

Boom! $12 million raised!

Pepe Unchained has reached a milestone and is ready for the next big leap 🐸💪 pic.twitter.com/Cr2MI0CESp

— Pepe Unchained (@pepe_unchained) September 5, 2024

$PEPU is not listed on any exchange, but it is gaining attention as a more advanced version of Pepe ($PEPE). Meanwhile, around $40 million of $PEPE was recently transferred to the OKX exchange. This activity, reported by $PEPE Whale Alerts, is causing concern among retail investors, but early $PEPE buyers are still seeing profits.

One reason for the growing interest in $PEPU may be the 225% APY offered to those who stake their tokens early. Investors can purchase $PEPU using ETH, USDT, BNB, or a bank card through a simple widget on the project website. To receive the high staking rewards, buyers must lock their tokens through the staking page.

Buy Pepe Unchained Tokens Now

4. SUI

The SUI coin is still building its reputation compared to major cryptocurrencies. Nevertheless, it has shown positive momentum recently. SUI is up 2.55% in the last 24 hours, 3.85% in the last week, and 34.46% in the last month. If the buying pressure continues, SUI could rise another 7% and break the $1.1 resistance level. If it breaks above that, the price could jump to $1.2, and possibly even $1.43.

Sui has seen significant activity in the NFT market, having minted around 35 million NFTs. While not everyone is active, there are over 365,000 Sui NFT holders, which puts Sui in competition with platforms like Solana in the NFT space.

⚡Speed ​​is a must!

1 month after release #mystic 🐳 On mainnet, we are excited to share that Sui has achieved sub-second latency in multiple regions around the world, further solidifying Sui’s position as the fastest consensus on the planet!💥 pic.twitter.com/USPyt4qWcX

— Sui (@SuiNetwork) September 5, 2024

Another major development is the launch of the Agora AUSD stablecoin on the Sui network. This US dollar-pegged stablecoin provides more options for stablecoin users on the blockchain platform. Price predictions for SUI are still mixed. Analysts suggest that if the bearish trend continues, it may not surpass $2.50 by 2025. However, if the market improves, SUI could surpass $4 by the end of next year.

5. Covalent X Token (CVX)

Covalent is a decentralized data network operated by node operators in 25 countries. It provides a modular infrastructure for accessing on-chain data by running nodes, fetching data directly, or querying APIs. Covalent is a decentralized and secure network that ensures long-term data availability, allowing developers to access historical and real-time data on Ethereum and other platforms.

Covalent’s CVX token is currently trading at $0.06941, up 10.5% in the last 24 hours. The market cap has also increased by 10% to $59.75 million, while the 24-hour volume has increased by 2.4%. Over the last 30 days, CVX has had 16 green days, indicating a bullish trend.

As Ethereum data grows, so does the need for access to it at any time. 💽

Curious about Covalent’s Ethereum Wayback Machine (EWM) and how it transforms data access?

4 things you need to know ⤵️

— Covalent (@Covalent_HQ) August 30, 2024

Despite the Fear & Greed Index showing “extreme fear” at 23, sentiment towards CVX remains positive. If an EOS project announces a collaboration, CVX could see further growth. If the market remains bullish until 2025, CVX could average $0.5. However, a market downturn could see the value drop to $0.01 in 2024.

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