Next cryptocurrency to explode Sunday April 14 – Ondo, Maker, Quant

Bitcoin’s 10% dip yesterday has sent a wave of price drops across the crypto market. The Fear/Greed index fell by more than 14 points, reaching 61 at the time of writing. Although the pullback was expected, several traders are unaware of its serious impact. Market trends show that the price reversal has removed almost a billion dollars in open position.

Anyway, what is the next cryptocurrency to explode? The quest to identify the next cryptos that will explode remains a priority for investors, even as the price dump continues to accelerate. The list below highlights some cryptocurrencies with huge potential.

Next cryptocurrency to explode

Additionally, investors are turning to pre-sale offers to identify promising crypto projects. This article also covers the pre-sale offering of the 5SCAPE tokens, which raised over $3.6 million in just a few weeks. The project is making impressive pre-sale progress, and below are notable details for investors to pay attention to.

1. Ondo (ONDO)

Ondo is currently on the watchlists of many investors due to its resilient performance against the overall bearish trends in the crypto market. Since its launch earlier, ONDO has delivered investors an ROI of over 400%. Likewise, the asset has posted a return of over 4% in the last 24 hours, making it one of the top crypto gainers.

Overall, ONDO is known for its value in the RWA sector. It benefited from the sector’s popularity, hitting a peak value of $1 at the height of the RWA story in the first quarter of this year. With the price of key assets falling, investors are betting on the shift to tokenization. Since ONDO is a major crypto platform, investors can expect an explosive uptrend in the coming days.

At the time of writing, ONDO’s RSI chart signals a neutral trend with a value of 55. This means that the asset is not oversold or overbought. So, the current bullish sentiment could be at odds with the overall crypto outlook. Furthermore, ONDO’s short-term and long-term moving averages on the daily chart are below the current price. It indicates the potential for further gains.

📣 @cex_io has mentioned $ONDO! 📣 https://t.co/dDGHYz1LMW

— Ondo Foundation (@OndoFoundation) April 13, 2024

On the other hand, ONDO’s push for more stock market listings may have been the impetus for the project’s current revival, and this trend could continue for many days to come. Nevertheless, it is best to take a relatively short-term view when considering the token as the uncertainties in the crypto market could impact its future performance.

2. Maker (MKR)

Will investors see $4000 MKR again? MKR made an impressive ride from $1,500 at the start of the bull run to $4,000 this quarter. However, the price dump in the crypto market has resulted in a pullback of more than 30%, bringing the price below $3000. Many investors are wondering if the decline is an opportunity to buy MKR ahead of another rally.

Maker DAO token MKR has several factors that indicate it still has the potential to return to the upside. However, market pessimism has forced the token into a sideways trend. Technical analysis of the MKR chart suggests that the Bulls could regain the upper hand before the end of the quarter.

Currently, the token’s RSI value is closer to its oversold value. The RSI reading reads 42. The bear’s grip on the asset’s trend would likely weaken as the market recovers. Likewise, the long-term moving average value remains below the price, leaving more room for an uptrend. On the other hand, EMA10 and EMA20 are trading above the current MKR price, indicating that the pullback could continue.

Interestingly, MKR has registered a recovery of more than 10% after the massive price dump, indicating the potential for further upside. Furthermore, MKR trading volume has increased by over 104%, which is a factor that could contribute to additional pressure on the asset’s price.

Above all, MKR is one of the cryptocurrencies with the highest returns in this bull run and has plenty of time to print more margin. Nevertheless, the future performance of the token borders on the overall prospects of the crypto market.

3. 5th Scape (5SCAPE)

5th Scape has just entered Phase 5 of pre-sales and investors who get in early are already on their way to earning ROI on their capital. At the time of writing, 5SCAPE is on pre-sale

$0.00215. Investors who get in early can take advantage of the $0.01 listing price. At the current price, early investors can get more than 365%.

“NEWS OF THE DAY”

🚀5th Scape (5SCAPE) ICO surpasses $3.6 million, fueling speculation about its transformative impact on gaming. With AAA VR experiences, cutting-edge hardware and a multi-utility token model, 5th Scape aims to revolutionize gaming.

Early participants benefit… pic.twitter.com/CxETyNlXbO

— 5e Scape (@5th_scape) April 3, 2024

The project aims to revolutionize Virtual Reality technology. The team behind the project is working on what could become the largest VR network in the world. Although the project is still developing, it is already gaining popularity as social media platforms now have thousands of enthusiastic investors and followers.

Additionally, 5th Scape is expanding the scope of its offerings beyond the entertainment and gaming experience. Investors who join this vision are also participating in what could become the VR hardware revolution of the future.

The 5th Scape project has also set a mission to ensure the decentralization of VR hardware creation. The measure aims to take the power to control the creation and distribution of VR adware away from the corporate giants and give it to the people. Investors can find full information about the project and its potential on the whitepaper and pre-sale website.

Visit the 5th Scape Presale

4. Quantitative (QNT)

QNT has been maintaining an apparent sideways trend for several weeks, with its price fluctuating between $100 and $140. However, the recent crypto market turnaround forced the price of QNT below the low range towards the $88 price. Surprisingly, the token quickly recovered and pushed the price towards the $100 level. QNT’s impressive performance over the past 24 hours suggests the token is one of the assets to watch in the down market.

Teninclay’s QNT chart analysis also indicates a chance of a further uptrend in the coming days. Currently, the token has an RSI value of 32, which indicates that the token is largely oversold. However, the moving averages are mainly bearish, as they are above the current price. Therefore, investors may not see QNT’s price rise to $116 or higher in the coming days.

Nevertheless, the QNT dip present allows the token to accumulate in the direction of an uptrend. The token has broken through the $100 – $104 resistance and is currently heading towards the $90 – $94 bottom.

We recently announced the launch of our new Overledger pricing plans and functionality, designed for business IT users and developers.

Learn more and sign up for a free subscription today: https://t.co/qZj22kPDfE #Blockchain #EnterpriseTech

— Quantitative (@quant_network) April 3, 2024

More importantly, QNT still has the CBDC initiative in the pipeline, which would likely impact the future of the token. Quant also announced Overledger’s new pricing plans and functionality. As more use cases of the platform emerge, investors can expect a notable increase in the token’s price.

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