Next cryptocurrency to explode on Sunday, June 30 – Rollbit Coin, Ribbon Finance, Kaspa, Flare

Cryptocurrency prices have been rising lately and the general feeling in the market is favorable. Recently, Bitcoin (BTC) has been hovering around $61,000, and Ethereum (ETH) is aiming to reach $3,500, causing mixed feelings among investors.

However, identifying the next cryptocurrencies that will explode can take some work as most funds are attracted by pumping assets. Today’s article examines the performance of cryptocurrencies that have dominated the winners list over the past 24 hours. The goal is to identify coins with some potential and educate 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 Base Dawgz, one of the latest memecoin launches on the Base Network. It offers a distinctive multi-chain experience with smooth interoperability between different blockchains. The presale details and performance of today’s top performing cryptos are shared below.

1. Rollbit Coin (RLB)

Rollbit is a popular crypto casino and sports betting platform. It was launched in 2019 and offers a variety of options for gaming, sports betting, futures trading and NFTs. Rollbit makes it easy to start trading and gaming in cryptocurrency, supports many cryptocurrencies and does not require KYC.

RLB is the native token for Rollbit’s casino and exchange, offering discounts and rewards for users who purchase the coin. Last week, the price of RLB rose 41%. This increase is due to a recent announcement that the casino would be burning RLB tokens.

Token burns, where a project permanently destroys part of its token supply, can often lead to higher prices due to the scarcity created in the circulating supply. In the last 24 hours, the RLB token has risen by more than 8%, reaching a price of $0.08283. Moreover, daily trading volume increased by 310.22% to 2.2 million. With these trends, the RLB token could be poised for significant growth.

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Rollbit Coin price predictions suggest that RLB could reach a minimum price of $0.1331, with a maximum potential of $0.1553 and an average trading price of around $0.1385. Despite the current bearish sentiment, the Fear & Greed Index stands at 47 (Greed), indicating that the token may experience sideways trading.

2. Ribbon Financing (RBN)

Ribbon uses financial engineering to design structured products that deliver sustainable returns. The first product focuses on achieving returns through automated option strategies. Furthermore, the protocol allows developers to create various structured products by combining different DeFi derivatives.

Today, the RBN price is $0.5113, reflecting an increase of over 7.5% in the last 24 hours. The market cap also increased by 7.37% to $80,491,908. Meanwhile, 24-hour trading volume increased by 0.68% to a total of $1,510,148. Ribbon Finance is trading 136.32% above its 200-day simple moving average (SMA) of $0.21713. Despite these gains, the token has only experienced 12 green days in the last 30 days, which is 40% of the time.

The current sentiment for the RBN price forecast is bullish, even though the Fear & Greed Index is at 47 (neutral). This indicates growing optimism about an upward trend.

RBN has strong fundamentals and is backed by a dedicated crypto community, giving it the potential to achieve significant growth in the future. If the RBN Project announces collaborations with other networks, the maximum price of the RBN Coin could exceed $1 by 2024. If the overall trend in the crypto market remains positive, we expect the average price of RBN Coin to be around $1.87 in 2024. if the crypto market declines, the minimum value of RBN Coin could drop to $1.05 by 2024.

3. Basic Dawgz (DAWGZ)

Meme coin Basic Dawgz ($DAWGZ) has successfully weathered the market downturn, raising over $2.2 million in less than a month since launch. As the meme coin industry begins to recover, investors are looking for the next leading competitor, with new meme coins in the base chain piqued their interest. They’re hoping to find one that can match or even surpass Brett’s ($BRETT) success, and Base Dawgz appears to be that contender.

Base Dawgz’s growing community and significant fundraising efforts have captured the attention of devoted fans of Solana meme coins. This has even raised concerns among those who support Dogwifhat ($WIF) tokens. Adding to their concerns, $DAWGZ pre-sales are still ongoing. Initially priced at $0.00479, it has now risen to $0.005534.

Base Dawgz will be the next big success in the Base chain. Why? Because it is not limited to a single blockchain. Base Dawgz plans to operate in multiple chains. The $DAWGZ token is minted on Base and, using Wormhole and Portal Bridge technology, can be claimed, stored and traded on Ethereum, Solana, Binance Smart Chain and Avalanche.

Being available on multiple chains provides greater liquidity, making it easier for traders to buy, sell and trade regardless of their wallets. This greater accessibility encourages more active trading and offers greater profit opportunities. However, investors should act quickly because they will have an opportunity to buy $DAWGZ at the current lower rate will end in less than two days.

Visit the Base Dawgz presale.

4. Kaspa (KAS)

Over the past month, altcoins have experienced a sharp decline, with the price of Bitcoin (BTC) falling to $60,000. Despite the volatility in the market, Kaspa (KAS) has bucked the trend and showed a continued increase. The recent rally pushed KAS to an all-time high (ATH) after rising 20.77% in seven days.

At the time of writing, KAS was trading at $0.1949, reflecting an increase of 8.61% in the last 24 hours. Furthermore, Kaspa has seen a 126.36% increase in trading volume, reaching $169.1 million. CoinMarketCap reports that KAS’s market capitalization increased 8.63% to $4.69 billion, surpassing ICP and PEPE. This continued growth has prompted crypto analysts to speculate on further gains.

Several factors contribute to this positive market sentiment. Firstly, according to Mr Kaspa, the KCA20 will be launched soon. Moreover, Marathon, the largest crypto mining company, has started mining Kaspa. Official reports state that Marathon mined 93 million KAS, worth $16 million.

Kaspa reached a record high of $0.19 earlier this month, driven by positive market sentiment and investor confidence. Despite recent fluctuations, Kaspa has shown resilience and maintained an upward trend. Technical indicators such as the Moving Average and Relative Strength Index indicate bullish sentiment, with potential price targets of $0.2, $0.3 and possibly $0.5. If Kaspa continues on this path, significant profits could be achieved in the third quarter.

Timing is crucial to benefit from Kaspa’s growth. During market bubbles, prices can rise dramatically before returning to the power law support line. This cyclical behavior indicates that while short-term volatility is expected, the long-term trend is upward. Investors who understand this cyclical pattern and the importance of the power law support line can find strategic entry and exit points in the market.

5. Flare (FLR)

Flare is an interoperability protocol that improves communication between different blockchains. It gives developers of decentralized applications (dApps) access to off-chain data from other blockchains and the wider web. This feature allows developers to integrate real-world data into their dApps, creating more engaging experiences and new ways to make money.

Flare’s price is $0.02438 and is up 2.03% in the last 24 hours. Market sentiment for the token is bullish. Additionally, Flare recently announced a significant upgrade to its Flare Time Series Oracle (FTSO). This upgrade, which has strong community support, is progressing well and is expected to improve data transmission on both the Songbird and Flare networks.

The FTSO upgrade aims to provide up to 1,000 data feeds, updated every one to two seconds, for dApps. This will provide developers with faster and more abundant data, driving innovation and improving functionality on the network.

Get instant access to the Flare ecosystem🔓

With the Flare Faucet you can try dapps like:

• FAssets Demo Dapp with $CFLR
• @XDFiProtocol futures market with $C2FLR

While new dapps land @FlareNetworks faster than ever, bookmark all your testing needs: https://t.co/35GR7MPtpi pic.twitter.com/rz1dSpXGlR

— Flare ☀️ (@FlareNetworks) June 29, 2024

Additionally, the Flare Foundation has introduced a framework to initially distribute FLR 510 million from a 20 billion stimulus pool. This initiative aims to attract developers and support liquidity on the Flare Network by encouraging community participation in various ecosystem dApps.

The outlook for Flare is promising, with forecasts indicating that FLR could reach $0.0619 by the end of the year. This optimism is due to Flare’s interoperability features, low transaction costs, and growing ecosystem. By connecting different networks, Flare can support new decentralized finance (DeFi) applications and increase the use of digital assets.

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