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Next Cryptocurrency to Explode, 2 January — Destra Network, Cookie DAO, XDC Network, BasedAI

Next Cryptocurrency to Explode, 2 January — Destra Network, Cookie DAO, XDC Network, BasedAI

InsidebitcoinInsidebitcoin2025/01/03 09:44
By:Insidebitcoin

Making the most profit from a bull market requires attention to the promising altcoins and meme coins with explosive potential. However, identifying the next cryptocurrencies to explode might take some work as most funds are attracted to pumping assets.

Today’s article explores the performance of cryptocurrencies that have dominated the gainers list in the last 24 hours. The objective is to identify the next cryptocurrencies to explode and inform investors and traders about each token. Also included in the post is an overview of the market trend of crypto assets, which have the potential to post significant gains in the future.

Next Cryptocurrency To Explode 

Experts suggest investors are more likely to discover the next booming crypto among upcoming projects. With this in mind, they should consider the potential of the new presale coin, Flockerz (FLOCK). FLOCK is a new meme coin that offers a unique vote-to-earn reward system, fosters strong community connections, and provides attractive staking benefits. The Flockerz team has already raised $700,000. Further details about the project and its future outlook are shared below.

1. Destra Network (DSYNC)

Destra Network (DSYNC) has shown resilience, trading between $0.26 and $0.54 for several months. DSYNC is trading at $0.4002 at press time, maintaining a position above its critical support level of $0.26. This reflects growing short-term confidence among investors.

In the past 24 hours, DSYNC recorded an impressive 31.82% price surge, complementing a 21.81% rise over the past week. Although its monthly performance shows a modest 7.27% decline, the token has experienced an extraordinary yearly gain of 2974.96%. DSYNC’s current price is well above its 100-day moving average of $0.18 and its 10-day moving average of $0.21, signaling strong bullish momentum.

Next Cryptocurrency to Explode, 2 January — Destra Network, Cookie DAO, XDC Network, BasedAI image 0

The token’s market cap climbed by 31.82% in the past day, reaching $387.77 million. This growth has been supported by a 115.23% surge in trading volume, highlighting increased investor activity. Market sentiment remains positive, as indicated by a Fear & Greed Index of 70 (Greed), which reflects heightened confidence in the token’s potential.

On the development front, Destra Network has strengthened its position through a partnership with Chainlink, integrating Destra CCIP into its storage network. This collaboration enhances cross-chain functionality, boosting the network’s capabilities. Analysts believe additional partnerships could help DSYNC break past its next resistance level of $0.419.

Analysts are optimistic about DSYNC’s growth prospects. If favorable market conditions persist, the token’s price could average $0.9572 by the end of January, further solidifying its reputation as a promising investment opportunity.

2. Cookie DAO (COOKIE)

COOKIE, the utility token of Cookie DAO, is making waves in the crypto space. Representing the value of information in the agent-driven economy, COOKIE plays a vital role in sustaining the DAO’s mission of gathering and indexing the increasing amount of AI agent data. It offers exclusive access to the token-gated sections of the cookie.fun index and is essential for agents connecting to Cookie DAO APIs.

In the last 24 hours, the COOKIE token has experienced a remarkable 113% price surge, reaching $0.5595 as of 3:15 a.m. EST. This spike came alongside a 416% increase in trading volume, climbing to $129 million. The launch of the gated v0.3 update, which requires users to lock up 10,000 $COOKIE tokens for access, has driven much of this growth.

Next Cryptocurrency to Explode, 2 January — Destra Network, Cookie DAO, XDC Network, BasedAI image 1 Next Cryptocurrency to Explode, 2 January — Destra Network, Cookie DAO, XDC Network, BasedAI image 2

On a daily timeframe, COOKIE/USD demonstrates a strong uptrend. It began with a consolidation phase, during which the price moved between $0.15 and $0.25. This period likely allowed for accumulation, with low trading volumes and stable moving averages setting the stage for a breakout. 

Following the consolidation, the price entered a bullish rally within an ascending channel, climbing steadily from $0.25 to a peak of $0.65. Pullbacks during this rally consistently found support near the lower trendline, while higher highs respected the channel’s upper boundary.

The token’s growing adoption is evident, with over 5.5 million $COOKIE tokens locked up since its launch and an average of 46 new users joining daily. Adding to the momentum, Binance recently announced COOKIE as part of its fifth batch of projects, sparking further interest among investors and traders.

3. Flockerz (FLOCK)

With just 20 days left in its ICO, Flockerz (FLOCK) is capturing increasing attention from the crypto community. The project has been raising an impressive $250,000 daily, bringing its total funds to over $8.4 million. Analysts predict heightened activity as the sale edges closer to its conclusion, with large buys anticipated in the final hours. 

This growing momentum could translate into significant price gains post-launch, with some experts speculating that FLOCK could see increases of 100%, 200%, or even 300%. Under optimal conditions, forecasts even suggest the potential for a 100x return.

The Flockerz team is taking steps to prepare for exchange listings by allocating 10% of the total token supply for liquidity. With an estimated pool of $800,000 to $1 million, this strategic move could lead to price volatility that might attract short-term traders while offering long-term growth opportunities for investors.

Market conditions also appear favorable for Flockerz. Analysts anticipate a strong bull market in 2025 and renewed interest in meme coins, creating an ideal environment for projects like FLOCK. While no exchange listings have been officially announced, rumors in the Telegram community suggest Uniswap could be the first, fueling optimism for a rally after the ICO ends.

Currently, $FLOCK tokens are priced at $0.0065823. Joining the presale is straightforward, with multiple payment options available. Investors can visit the Flockerz website to connect a crypto wallet and purchase tokens using ETH, USDT, or BNB. Additionally, payments via credit or debit card and through the Best Wallet app in the ‘Upcoming Tokens’ section offer added convenience.

Buy $FLOCK Tokens Here

4. XDC Network (XDC)

The XDC Network (XDC) has shown remarkable growth, with its price climbing 10.41% in the past 24 hours to reach $0.08108. The market capitalization mirrors this growth, now standing at $1.21 billion. Additionally, trading volume has surged by 34.29% to $51.71 million, resulting in a solid volume-to-market cap ratio of 0.0458.

The network boasts a total supply of 37.95 billion XDC tokens, with 14.93 billion currently in circulation. While the maximum supply remains undefined, the Fully Diluted Valuation (FDV) is estimated at $3.17 billion. Notably, the market sentiment for XDC is bullish, with the Fear & Greed Index at 70, signaling optimism and increased market activity.

Over the past year, XDC has delivered a 49% price increase, outperforming 44% of the top 100 cryptocurrencies during the same period. The token is trading 67.45% above its 200-day Simple Moving Average (SMA) of $0.04864, showcasing strong bullish momentum and excellent liquidity relative to its market cap.

Next Cryptocurrency to Explode, 2 January — Destra Network, Cookie DAO, XDC Network, BasedAI image 3 Next Cryptocurrency to Explode, 2 January — Destra Network, Cookie DAO, XDC Network, BasedAI image 4

Moreover, the XDC Network recently announced a strategic partnership with Archax, a Financial Conduct Authority-regulated digital securities exchange and custodian. This collaboration, which was revealed on December 5, aims to drive the adoption of tokenized real-world assets (RWAs) by leveraging regulated digital assets and blockchain technology.

By focusing on ease of access and compliance, the partnership intends to make tokenized RWAs more accessible to financial institutions, unlocking new opportunities for institutional players in the blockchain space.

5. BasedAI (BASEDAI)

BasedAI is making waves by combining artificial intelligence and blockchain to tackle challenges in centralized AI systems, such as privacy concerns, lack of user control, and security issues. By enabling users to manage personalized AI “subnets,” the platform creates a decentralized and user-friendly ecosystem. Adding to its appeal, BasedAI cleverly incorporates Elon Musk-themed meme culture, fostering a vibrant and engaged community.

Next Cryptocurrency to Explode, 2 January — Destra Network, Cookie DAO, XDC Network, BasedAI image 5 Next Cryptocurrency to Explode, 2 January — Destra Network, Cookie DAO, XDC Network, BasedAI image 6

The project addresses a critical gap in the AI landscape: the over-reliance on centralized systems that compromise user privacy and control. With BASED, users can govern their AI networks, ensuring a balance between privacy and efficiency. The platform’s customizable AI subnets provide secure and tailored solutions, making it practical and innovative. Moreover, blending meme culture with cutting-edge technology appeals to a broad audience.

The token also offers dual utility, supporting cryptocurrency trading and AI-powered applications. This versatility makes it a unique player in the growing intersection of blockchain and AI.

Currently trading at $5.44 per token, BASED has shown steady growth and increasing market activity. Its rising valuation highlights its innovative approach and growing market confidence. With a limited supply and expanding adoption, the token is positioned for short-term success and long-term sustainability.

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  • Best Altcoins to Invest in Now
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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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