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Next Cryptocurrency to Explode, November 21 — Bitcoin Cash, Digibyte, Polymesh, Bitget Token

Next Cryptocurrency to Explode, November 21 — Bitcoin Cash, Digibyte, Polymesh, Bitget Token

InsidebitcoinInsidebitcoin2024/11/22 04:55
By:Insidebitcoin

Earning significant ROI in a bull market could mean paying attention to the meme coins and Altcoins 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. Bitcoin Cash (BCH)

Bitcoin Cash (BCH) has taken a significant step toward securing its place in the blockchain ecosystem. Recently, developer Jason Dreyzehner announced via X that the much-anticipated May 2025 upgrade is now live on the mainnet.  

This upgrade introduces two key features: the Targeted Virtual Machine Limits CHIP and the BigInt CHIP for high-precision arithmetic. These enhancements boost Bitcoin Cash’s contract capabilities while improving the network’s security and overall performance. The upgrade includes new tools and a cross-implementation benchmarking technique that regularly checks node performance. This ensures that BCH nodes remain efficient as the network evolves.  

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Unlike Ethereum, Bitcoin Cash now supports more complex operations at lower costs, maintaining security and compatibility even on affordable hardware. BCH strengthens its position in the race for blockchain leadership by optimizing the network for diverse use cases.  

Following these advancements, Bitcoin Cash’s market performance has been promising. The token has gained 16.97% in the past 24 hours and 18.17% over the last week, with its price reaching $517.53. This marks seven consecutive days of growth, reflecting cautious optimism among investors.  

While the upgrade has sparked interest, many are waiting to see its full impact before diving deeper. Nevertheless, Bitcoin Cash’s continued innovation positions it as a strong competitor in the blockchain space.

2. Digibyte (DGB)

DigiByte (DGB) is an open-source blockchain and asset-creation platform with a long-standing presence in the crypto space. Launched in January 2014 as a fork of Bitcoin (BTC), DigiByte aims to enhance blockchain security, capacity, and transaction speed. Its unique approach uses five algorithms to improve security and ensure a robust network.  

DGB has shown significant price movement recently. At the time of writing, its price was $0.01078, marking a 17.44% increase in the last 24 hours. During the same period, its market cap surged by over 17% to $187.13 million. Trading volume also saw a remarkable rise of 1120.86%, reaching $142.70 million. DGB is trading 13.69% above its 200-day Simple Moving Average (SMA) of $0.009481, highlighting its strong liquidity and market performance.  

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The sentiment around DGB remains bullish, supported by a Fear & Greed Index score of 82, which signals Extreme Greed. This suggests growing investor confidence and optimism about a potential uptrend for the token.  

DigiByte’s strong fundamentals give it the potential to achieve greater success. If the project secures collaborations with other networks, the price of DGB could reach as high as $3.52 by 2025. Assuming the current bullish market trend continues, analysts anticipate an average price of $0.19 for DGB by the end of 2024.

3. Flockerz (FLOCK)

Flockerz ($FLOCK) has gained impressive momentum, surpassing $2 million in funding and recently adding another 10% to bring its total to over $2.6 million. This new meme coin is making waves by introducing a fresh approach to governance, empowering its community to take charge of the project’s direction. This community-driven strategy is a key reason Flockerz is gaining attention as a potential 10x investment opportunity.  

What sets Flockerz apart is its innovative Vote-to-Earn (V2E) model, the first of its kind in the meme coin space. This mechanism gives the community direct control over decision-making while rewarding them for their participation. This forward-thinking approach has earned Flockerz the nickname “The People’s Meme Coin.” Influential voices in the crypto space, like ClayBro, have highlighted its potential for 20x returns, especially during the ongoing meme coin rally.  

As the first to adopt the V2E model, Flockerz could set new standards for transparency and community engagement in the meme coin sector. If successful, it might pave the way for other projects to follow suit, benefiting the industry. Some even see Flockerz positioning itself as a trailblazer, much like $DOGE did in its early days.  

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Investors can purchase $FLOCK tokens for $0.0060772, but this price will increase in just two days. So far, retail investors have contributed $2,651,250.93, signaling growing confidence in Flockerz’s ability to reshape the meme coin landscape. To join this movement before it hits the $3 million milestone, investors can visit the official project website, connect their wallets, and buy $FLOCK using ETH, BNB, USDT, or even a bank card.

Visit the Flockerz Presale

4. Polymesh (POLYX)

Polymesh (POLYX) has surged nearly 10% in the past 24 hours, driven by solid buying activity that boosted its trading volume by an impressive 162.66%. This momentum has placed POLYX among the top gainers at the start of the week, marking a strong finish to Uptober, one of the most significant months for crypto in 2024. Many analysts expected this price pump.

Polymesh is a blockchain designed for regulated assets and built to meet institutional-grade requirements. It simplifies outdated processes while enabling new financial instruments by addressing governance, identity, compliance, confidentiality, and settlement issues within public infrastructure. The POLYX token powers the network, allowing users to stake, secure transactions, pay fees, and participate in governance.

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Increasing buying pressure could help Polymesh break through the $0.3696 resistance level, clearing equal highs and paving the way toward the $0.4000 psychological barrier. In an optimistic scenario, the price could climb even higher, reaching $0.4138 and targeting liquidity above this level.

However, a rejection at $0.3696 might cause the price to drop, with possible support at the Fibonacci retracement levels of $0.2323 or $0.2071. In a bearish case, Polymesh could re-enter the consolidation zone below $0.1494 or, at worst, test the support floor at $0.1003.

Polymesh’s current trajectory reflects its growth potential and the challenges ahead, making it a project to watch in the coming days.

5. Bitget Token (BGB)

Bitget Token (BGB) has steadily gained attention within the crypto community, particularly as the market navigates challenging conditions. As the native token of the Bitget Exchange, BGB offers benefits like reduced trading fees, access to premium features, and participation in platform governance. These utilities make it a valuable asset, even during bearish trends.

In the last 24 hours, BGB experienced a modest price increase of 2.77%, trading between $1.33 and $1.40. At the time of writing, its price was $1.39, with a trading volume down by 51.42% to $36.91 million. This gradual upward trend highlights its resilience amidst market fluctuations.

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The growing popularity of decentralized finance (DeFi) has strengthened the relevance of utility tokens like BGB. The Bitget Exchange continues to expand its global user base, which could sustain demand for its token despite broader market challenges.

Crypto analysts hold a cautiously optimistic outlook for BGB. They point to the exchange’s growth and the token’s robust utility as factors that could drive significant value over time. Some experts even suggest that BGB has the potential to double in price by year-end, provided Bitget maintains its momentum and overcomes current market hurdles.

However, market volatility remains a concern, and investors should conduct thorough research before making decisions. Despite the risks, BGB’s growing role within the Bitget ecosystem makes it a token worth watching.

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  • Next Cryptocurrency To Explode, 2024
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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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