Next Cryptocurrency To Explode: BOOK OF MEME (BOME), MANTRA (OM), Base Dawgz (DAWGZ), FTX Token (FTT), and Orca (ORCA)

Cryptocurrency prices have been on the rise lately, and the overall feeling in the market is favorable. Recently, Bitcoin (BTC) has been hovering around $67K

Cryptocurrency prices have been rising lately, and the overall feeling in the market is favorable. Recently, Bitcoin (BTC) has been hovering around $67K, and Ethereum (ETH) is striving to approach $3,500, creating mixed sentiments among investors.

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.

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 newest memecoin launches on the Base Network. It features a distinctive multi-chain experience with smooth interoperability across various blockchains. The details of its presale and the performance of the top-performing cryptos today are shared below.

1. BOOK OF MEME (BOME)

BOOK OF MEME is a new token on the Solana blockchain designed to preserve memes for future generations. BOME aims to create a lasting archive where memes like Bad Luck Brian are never forgotten. It uses Arwave and IPFS for decentralized, long-lasting storage.

BOME has seen an impressive increase of over 3000% from its lowest to highest value. This growth highlights the project’s potential. It is not just about nostalgia; it focuses on creating a decentralized meme culture. With its unique purpose, reliable storage solutions, and growing community, BOME remains a promising option, even if the biggest gains have already occurred.

Last Saturday, the crypto market experienced a slight increase. Bitcoin rose by almost 1%. Meme cryptocurrencies, including BOOK OF MEME, also saw positive momentum. BOOK OF MEME broke a key resistance level and reclaimed crucial daily EMAs, supporting further rallies.

In the past three weeks, BOOK OF MEME has shown significant recovery. Its price bounced from $0.0063 to $0.009253. Today, the market cap has reached $638 million. If the buying trend continues, BOOK OF MEME could rise by another 15% before facing the upper limit of the falling wedge pattern.

2. MANTRA (OM)

MANTRA (OM) has experienced significant growth, and bulls may be gaining momentum. Its price has surged over the past six months and increased by more than 3% in the last 24 hours. Despite facing resistance at $1.37, a breakthrough could push it to $1.70. The near-term support is at $0.69. With a one-month price increase of over 80%, OM shows potential for further gains. The current RSI suggests it is not overbought, indicating potential for more upward movement.

MANTRA (OM) is a community-governed DeFi platform offering staking, lending, and governance. It aims to create a comprehensive DeFi ecosystem by empowering its community through decentralized governance. Its focus on community-driven development and diverse financial services makes it an appealing option for investors.

? MANTRA Incubator Project Showcase: Introducing @MansaFinance_co

✅ Mansa is a real world asset (#RWA) DeFi protocol that generates yield across trade finance and cross-border payments in emerging markets.

? MANTRA's secure, scalable infrastructure and expertise in… pic.twitter.com/fOapSLsce5

— MANTRA – Tokenizing RWAs (@MANTRA_Chain) July 25, 2024

MANTRA (OM) trades between $1.17 and $1.52, presenting a mixed outlook. Bears have a slight advantage with a small dip over the past week. However, the 60.19% surge this month and the impressive 4894.85% rise over one year suggest bullish potential. Key resistance levels are $1.64 and $1.99, while support levels are $0.93 and $0.58.

The RSI at 47.02 indicates it is neither overbought nor oversold. Moving averages suggest some caution, with short-term trader sentiment leaning towards cautious optimism. Bulls need to break the $1.64 level to gain momentum.

3. Base Dawgz (DAWGZ)

The presale for the new meme coin, Base Dawgz ($DAWGZ), has achieved another significant milestone, raising $2.7 million in its latest round. Base Dawgz aims to be the leading token on Base Chain, an Ethereum Layer 2 platform recently gaining widespread popularity. In this presale stage, the native token $DAWGZ is priced at $0.006725.

Base Dawgz, as part of the expanding Base parent chain,

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