5 Crypto Assets Potential to Skyrocket: There's Toncoin and Brett!

Bittime - Crypto market has recently shown its strength, marked by an increase in overall digital asset prices. So, this article will discuss 5 crypto assets that have the potential to skyrocket, including Toncoin, Brett, JasmyCoin, Base Dawgz, and GMX.

5 Assets Potentially Skyrocketing Crypto

The following are crypto assets that are predicted to skyrocket in the near future. The two most interesting crypto assets are Toncoin and Brett.

1. Toncoin (TON)

Toncoin (TON) experienced an increase in today's trading session, reflected in its price movements. Analysis shows Toncoin price is following an uptrend inside the pitchfork channel.

The MACD indicator also displays a bullish cross with increasing histogram bars, indicating upward momentum. At the time of writing, Toncoin is trading at $7.42 (Rp 122,003), showing a slight decline of 3.8% over the last 24 hours.

Since the beginning of June, Toncoin (TON) has surpassed Ethereum (ETH) in the number of unique addresses and daily transactions. On June 3, Toncoin hit a record high this year with 568,300 unique addresses, 62% higher than Ethereum's 351,400.

Furthermore, since March 12, Toncoin has consistently recorded more daily transactions than Ethereum, with a peak of 9 million transactions on May 17.

This increasing popularity is due to Telegram's 900 million users. Nowadays, people compare Toncoin and Ethereum more often.

2. JasmyCoin (JASMY)

Although the bearish trend is dominating the crypto market currently, some coins, such as JASMY, are performing well. Over the last 24 hours, JASMY has surpassed Cardano (ADA) and Fantom (FTM) in trading volume on Binance.

JASMY, a rising star in the altcoin world, has seen its trading volume rise to $175.15 million (Rp. 2.8 trillion) in a day. This significant increase in activity indicates increased interest and confidence in the project.

Several factors contributed to JASMY's bullish performance. Firstly, the JASMY community's strong belief in the coin's potential supports its positive outlook. Second, the JASMY team demonstrated strategic progress.

They have set an ambitious price target of $17 (Rp 278,160) by 2026, reflecting confidence in the fundamentals and long-term prospects of the project.

Recent partnerships, such as with Panasonic, have increased its adoption. This caused a sharp price spike of 15% and pushed it to the critical resistance level of $0.028 (Rp 457). Crypto analysts predict that if this level is broken, the price may reach $0.040 (Rp. 650) in Q4 2024.

Additionally, the recent large-scale purchase of 208 million JASMY tokens, worth $6.2 million (Rp. 102 billion), transferred from Binance to cold storage, further strengthens this prediction.

3. Base Dawgz (DAWGZ)

Base Dawgz ($DAWGZ) is approaching a significant milestone. The coin has raised $1.9 million (Rp. 31 billion) in its presale and is quickly approaching the $2 million (Rp. 32.6 billion) mark in its initial coin offering (ICO).

Base Dawgz is a meme coin inspired by the excitement of base jumping and Shiba Inu memes. The coin has caught the attention of the crypto community with its strong fundraising performance.

Presales started with $200,000 (Rp. 3.2 billion) on the first day and exceeded $1 million (Rp. 16.3 billion) within a week. Currently, the token is valued at $0.00527 (Rp 86), showing a steady increase in value.

The upcoming launch of the Base Dawgz staking protocol is an exciting development. Investors who participated in the presale before the staking launch will receive a retroactive bonus if they stake their tokens afterward. This unique incentive rewards early adopters.

4. GMX (GMX)

GMX is a decentralized exchange (DEX) that enables perpetual trading of cryptocurrency futures with up to 50x leverage on major crypto tokens such as Bitcoin (BTC) and Ethereum (ETH). It was launched in September 2021 on the Avalanche blockchain and has since attracted considerable market attention.

Recently, GMX experienced a decline of around 11% in the past week. However, this coin has increased by more than 0.8% in the last 24 hours, but is down by more than 15% in the last month.

Currently, the GMX token is trading at $28.54 (Rp. 469 thousand), with a circulating supply of 16,175,215 tokens and a market capitalization of $273.6 million, placing it 210th in the global cryptocurrency market.

GMX was trading at $28.54 at the time of writing, representing an 11% decline. However, some analysts are optimistic about the cryptocurrency and believe that the coin can reach $60 (Rp. 987,600). The price must remain above the key support level of $41 (Rp. 677,760) for this to happen.

Despite this optimism, current sentiment for GMX is bearish. However, the Fear & Greed Index is at 55 (Greed), indicating more token transactions and growing optimism about the uptrend.

5. Brett (Based) (BRETT)

Brett (BRETT), known as Pepe's best friend Memecoin, is based on the BASE blockchain. This new and exciting token is part of the ever-expanding BASE ecosystem. BRETT allows the platform to leverage resources and knowledge from various other projects.

Brett (Based) is showing promising momentum, with the price currently trading at $0.1308 (Rp 2,150) and a market capitalization of $1.3 billion (Rp 21.4 trillion). In the last 24 hours, BRETT has experienced a 12% decline.

Even though the crypto market is currently volatile, some analysts believe that coins with strong fundamentals and active communities have a good chance of recovering and reaching new highs in the future.

Brett (Based), with its potential to integrate multiple platforms and leverage resources from multiple projects, includes.

Conclusion

Although the crypto market is currently showing mixed movements, some coins are showing significant growth potential. Toncoin, JasmyCoin, GMX, and Brett (Based) are some examples of cryptocurrencies worth considering by investors looking for potential opportunities amidst market volatility.

It is important to remember that investing in cryptocurrencies is high risk and investors should do their own research before making any investment decisions.

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Learn How to Buy Crypto on Bittime.

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