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The overall feeling in the market is surprisingly negative, and cryptocurrency prices have been fluctuating for a while, including Bitcoin (BTC). BTC has gone back above $67K but still hasn’t closed in on 70K. Meanwhile, Ethereum (ETH) is currently striving to stabilize above $2,500. 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 coins with some potential and inform investors and traders about each token.  Next Cryptocurrency To Explode Today’s article discusses the performance of potentially explosive cryptos that investors should add to their watchlist. It also includes a special mention of Pepe Unchained, a new Pepe-themed meme coin launched on its Ethereum Layer 2 blockchain. Within minutes, it attracted over $150,000 in investments...

Photo by Jonathan Borba on Pexels .  RippleX, Ripple's development arm, has created the XRPL Japan and Korea Fund to drive innovation and adoption of the XRP Ledger ecosystem in two critical Asian regions. This new project seeks to strengthen business collaborations, startup investments, developer grants, and community-building efforts by offering significant financial support and resources. By funding various activities, the fund hopes to stimulate new ideas and foster the development of XRPL-based solutions, ultimately boosting the use of the XRP Ledger in Japan and Korea. This relocation demonstrates Ripple's commitment to extending its global footprint and driving blockchain innovation in the region. Details of the XRPL Japan and Korea Fund The XRPL Japan and Korea Fund is RippleX's strategic initiative to promote the development and integration of XRP Ledger (XRPL)-based solutions in Japan and Korea. The fund's broad target audience includes corporations,...

The Shiba Inu (SHIB) ecosystem has grown over the past several years. The meme coin saw a 21815654.2% spike since its all-time low from four years ago. This year has been great for the asset as well, as it surged by 140%. This uptrend has pushed the community to push their bets to a much more ambitious level. Also Read: Netflix: NFLX Eyes $43B in 2025 Revenue as Stock Overperforms Shiba Inu’s Rise To $0.02 Source At press time, SHIB was trading at $0.00001769 following a 1.04% dip over the past 24 hours. It seems like the meme coin has been finding it difficult to move beyond the $0.00001800 level. This has been a major level of resistance of Shiba Inu. The asset is expected to witness a short-term spike if SHIB breaks past this level. The Shiba Inu community seems to have moved on from the 1-cent dream towards the 2-cent milestone. The meme coin is required to surge by a staggering 112,958% in order to rise to this mark. According to data from Telegaon, the 2-cent mark isn’...

Denmark’s ‘historic’ crypto tax change is far from a done deal Denmark is considering new tax rules on cryptocurrency, including taxing unrealized gains and losses, which has led to some misreporting that the decision has already been made. Crypto news outlet AltcoinBuzz falsely reported that Denmark “has made history by becoming the first country in the world to tax unrealized capital gains on cryptocurrency.” Meanwhile, CoinGape wrote that Denmark “will impose a 42% tax on unrealized capital gains for all crypto assets.” In reality, Denmark’s tax law council has proposed three separate models of taxation in a paper it has been working on since 2021. None of these tax proposals have been adopted in any official capacity . Even if one were agreed upon at press time, these rules most likely wouldn’t take effect until 2026. Here’s what actually happened Tax Minister Rasmus Stoklund announced on Wednesday that the Tax Law Council had submi...

Bitcoin’s (BTC) push to realize the ‘Uptober’ momentum is fading as the asset has struggled to claim the $70,000 mark. This grim projection is now backed by technical indicators that signal more downside for Bitcoin at the end of October. This bearish outlook has emerged based on parallels between the current Bitcoin price action and historical patterns from April and November 2021, warning that this month may end similarly with a drop, as Alan Santana noted in a TradingView post on October 23. Bitcoin price analysis chart. Source: TradingView/Alan Santana Specifically, April and November 2021 saw promising starts with price gains, followed by abrupt reversals. Both months ended with a red candle, signaling the end of bull markets and ushering in substantial corrections. Picks for you Commodity strategist warns gold’s...

Hedge fund legend and billionaire Paul Tudor Jones says that he is long Bitcoin , gold and commodities as inflation is unavoidable. Campaign promises of additional spending and tax cuts made by both Donald Trump and Kamala Harris as they compete to become the next US president could only exacerbate the inflation problem, he said. “I think all roads lead to inflation,” Tudor Jones told CNBC yesterday, adding that the US is at an “incredible moment in history.” Paul Tudor Jones Warns The US Will ”Go Broke” If It Doesn’t Address Spending The US will “go broke really quick” if the country’s leaders don’t address the nation’s spending issues soon, he added. Billionaire hedge fund manager Paul Tudor Jones: “All roads lead to inflation … I’m long gold, I’m long Bitcoin, I’m long commodities” pic.twitter.com/CRM5nA0vp3 — Michael Burry Stock Tracker ♟ (@burrytracker...

The Trump AI price has soared more than 30,872% in the past week following a 276% surge in the past 24 hours to trade at $0.0006834 as of 7:23 a.m. EST. Despite the recent surge in the TRUMP price, the meme coin is still over 98% down from the all-time high of $0.06387 that it set on Oct. 2, 2024. The Trump AI Price Rises Above A Technical Barrier 1-hour chart for TRUMP/USD (Source: GeckoTerminal ) The Trump AI price has been in a positive sequence over the last several hours, printing higher highs and higher lows during this period. This bullish move has allowed TRUMP to break above the $0.0006668 resistance level, which the meme coin is now attempting to flip into support. Should the crypto close a 1-hour candle above this mark, its price could rise to $0.0008015. On the other hand, the Trump AI price breaking back below the $0.0006669 level within the next 6 hours could bring an end to the meme coin’s bullish momentum. As a result, TRUMP might fall to the subsequent sup...

The MAGA price plunged 17% in the last 24 hours to trade at $3.323 as of 00:32 a.m. EST on trading volume that skyrocketed 91% to $13.6 million. MAGA Price On A Bearish Trend – Incoming Bullish Trend Reversal? The MAGA price had been in a clear uptrend in October, following a rising channel pattern from the $2.8 support level to the $5.5 resistance, according to data from GeckoTerminal . Recently, there has been a breakdown from that channel, and the price is now moving downward in a falling channel. This shift suggests the trend has reversed to bearish in the short term. With the recent downtrend, the price of MAGA now trades below both the 50-day and 200-day Simple Moving Averages (SMAs), affirming the continued downtrend. The Relative Strength Index (RSI) is 29.09, below the oversold threshold of 30. This signals that the asset may be oversold, and we could expect a potential bounce or at least a slowing of the downward momentum in the near future. The price is near the ...

On Sunday, October 20, billionaire Elon Musk hosted a town hall meeting in support of Republican presidential candidate Donald Trump in Pittsburgh, Pennsylvania. Musk’s extraordinary ability to attract publicity was on full display — the event marked the second instance in which the tech mogul gave a $1 million check to a rally attendee who had signed his online petition. However, this event did stand out — it had a noticeable and immediate effect on financial markets — crypto markets, to be more precise. This time, Musk did not talk about his favored digital assets, such as Bitcoin (BTC), Dogecoin (DOGE), or Ethereum (ETH) — instead, the billionaire mentioned XRP (XRP) for the first time in a public setting. Picks for you Bitcoin futures open interest hits all-time high; Here’s what it means 32 mins ago ...

A widely followed crypto strategist believes one under-the-radar Ethereum (ETH) challenger will hit his massive price target this cycle. Pseudonymous trader Rager tells his 199,100 followers on the social media platform X that he’s bullish on layer-1 protocol Fantom (FTM). Rager shares a chart suggesting that FTM will hit his price target of $3.31 by around April. “Late to the market? People who say that aren’t looking at the FTM chart. And yes, in my opinion, this is a practical target for the next six months.”  Source: Rager/X At time of writing, FTM is trading for $0.71, indicating an over 366% potential price rise if the altcoin reaches Rager’s target. Rager notes that FTM can probably even reach higher levels if the project witnesses a smooth transition to Sonic. “Practical target – not top or bottom if SONIC migration can go well.”  Sonic is designed to be a high-throughput layer-1 chain with a native layer-2 ...

In a recent podcast episode, executives of a top 100 cryptocurrency unveiled a market manipulation scheme by the FTX exchange. The now-bankrupt FTX has allegedly operated many similar market manipulation activities, intentionally harming some projects for the benefit of others. On October 12, the Full Shard Podcast aired its first episode featuring three co-founders of the MultiversX Labs, formerly Elrond. Starting at around 00:55:00, Beniamin Mincu, Lucian Mincu, and Lucian Todea discussed their experience with FTX’s market manipulation. According to the three executives, Sam Bankman-Fried’s bankrupt exchange engaged in massively pumping, farming, dumping, and then shorting MultiversX tokens. These actions, as discussed, were primarily responsible for EGLD’s volatile price action in the early days, significantly harming the project. Picks for you ...