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<div class="telegrame_cta_content"><div class="wrap" wp_automatic_readability="5.3142857142857"><div class="telegrame_cta_content_inr" wp_automatic_readability="28.342857142857"><p>Become a part of our <u><a href="https://t.me/insidebitcoins" target="_blank" rel="noopener">Telegram</a></u> channel to receive the latest updates on breaking news</p>
</div></div></div><p><span style="font-weight: 400">The sentiment in the marketplace appears unexpectedly pessimistic, with cryptocurrency values experiencing fluctuations, including Bitcoin (BTC). BTC has crossed the $67K threshold after dipping to $63K last month. On the other hand, Ethereum (ETH) is attempting to establish stability above $2,600.</span></p>
<p><span style="font-weight: 400">Nonetheless, pinpointing the</span> next cryptocurrencies with explosive potential<span style="font-weight: 400"> may require some effort as most investors are drawn to assets experiencing rapid increases. This article delves into the performance of cryptocurrencies that have recently led the gainers list within the last 24 hours. The aim is to uncover coins with promise and keep investors and traders informed about each token.</span></p>
<h2><strong>Next Cryptocurrency To Explode</strong></h2>
<p><span style="font-weight: 400">This article highlights the performance of potentially breakout cryptocurrencies that investors should prioritize on their watchlist. It also features a noteworthy mention of Pepe Unchained, a new meme coin inspired by Pepe that has been launched on its Ethereum Layer 2 blockchain, garnering over $150,000 in investments within minutes. Details regarding its presale and the best-performing cryptocurrencies today are outlined below.</span></p>
<h3><b>1. Dogecoin (DOGE)</b></h3>
<p><span style="font-weight: 400">A prominent altcoin making waves during this bullish trend is Dogecoin (DOGE), the beloved memecoin. Rising to fame due to Elon Musk's endorsements, some analysts speculate that DOGE might reach a new all-time high during this bull cycle. One analyst even hints that a price of $10 for DOGE is feasible, though this is viewed as a long-term target that might take several years to realize.</span></p>
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<p><span style="font-weight: 400">At present, DOGE is valued at $0.1252, reflecting an increase of 8.21% in the last 24 hours. Furthermore, its trading volume has surged by 97.71%, indicating heightened investor interest, likely spurred by the upcoming U.S. elections.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true" wp_automatic_readability="4.256880733945">
<p lang="en" dir="ltr">Hey <a href="https://twitter.com/elonmusk?ref_src=twsrc%5Etfw">@elonmusk</a> is that a Shiba Inur taxi? <a href="https://t.co/ihfktgc4ds">pic.twitter.com/ihfktgc4ds</a></p>
<p>— Dogecoin (@dogecoin) <a href="https://twitter.com/dogecoin/status/1844591727656448375?ref_src=twsrc%5Etfw">October 11, 2024</a></p></blockquote>
<p><span style="font-weight: 400">Dogecoin shows robust fundamentals, bolstered by substantial transactions and consistent growth. In the previous week, DOGE experienced a 14.66% increase and surpassed significant technical resistance points, including a breakthrough in its Relative Strength Index (RSI).</span></p>
<p><span style="font-weight: 400">Analysts have noted that DOGE recently emerged from a double-bottom formation, securing support at $0.112. With its closure above $0.118, there is a potential for a further price rise of around 20%, possibly hitting $0.135. The RSI suggests that DOGE is currently in an oversold condition, signaling an impending recovery.</span></p>
<h3><b>2. Scroll (SCR)</b></h3>
<p><span style="font-weight: 400">Just yesterday, the SCR token of Scroll saw a 10% price increase following the announcement of a partnership with Cysic Network. This collaboration aims to enhance transaction efficiency and security on the Ethereum blockchain by utilizing Cysic's advanced zero-knowledge (ZK) computing solutions.</span></p>
<p><span style="font-weight: 400">The integration of Cysic’s GPU servers has significantly reduced the time required for ZK proofs, slicing it down from hours to mere minutes. This enhancement is expected to greatly improve transaction speed and security throughout the Scroll network.</span></p>
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<img decoding="async" src="https://insidebitcoins.com/wp-content/uploads/2024/10/SCR-Price-Chart.jpeg" alt="SCR Price Chart" width="1200" height="800" srcset="https://insidebitcoins.com/wp-content/uploads/2024/10/SCR-Price-Chart.jpeg 1200w, https://insidebitcoins.com/wp-content/uploads/2024/10/SCR-Price-Chart-300x200.jpeg 300w, https://insidebitcoins.com/wp-content/uploads/2024/10/SCR-Price-Chart-1024x683.jpeg 1024w, https://insidebitcoins.com/wp-content/uploads/2024/10/SCR-Price-Chart-768x512.jpeg 768w" sizes="(max-width: 1200px) 100vw, 1200px"/>
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<p><span style="font-weight: 400">Currently, Scroll (SCR) is trading at $1.36, which represents a 9.39% uptick. Its market cap now stands at $257.67 million, and trading volume reached $10.05 million, reflecting a 19.51% increase. Out of 1 billion SCR tokens, 190 million are already in circulation.</span></p>
<p><span style="font-weight: 400">Recently, Scroll faced some criticism for distributing its SCR governance tokens through Binance Launchpool, as many users felt the platform was favoring a centralized exchange over the community. In response, co-founder Ye Zhang explained that this partnership with Binance was part of a broader growth strategy. He acknowledged the backlash but stressed the importance of this decision for the future development of the project.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true" wp_automatic_readability="11.126801152738">
<p lang="en" dir="ltr">
Behind the Scenes: How Scroll Enabled Open Source VRF to be Deployable on All EVMs</p>
<p>A fully open-source Verifiable Random Function (VRF) is now executable on ALL EVM chains, enabled by Scroll’s support of the <a href="https://twitter.com/anyrandVRF?ref_src=twsrc%5Etfw">@AnyrandVRF</a> team.</p>
<p>Find out more about how it all came together… <a href="https://t.co/bWln54taCS">https://t.co/bWln54taCS</a></p>
<p>— Scroll (@Scroll_ZKP) <a href="https://twitter.com/Scroll_ZKP/status/1846326663312973830?ref_src=twsrc%5Etfw">October 15, 2024</a></p></blockquote>
<p><span style="font-weight: 400">Despite concerns regarding centralization, some supporters believe that the Binance partnership could facilitate Scroll’s quicker expansion, particularly into new markets. Binance provides a user-friendly interface for accessing the Scroll network, likely enhancing user engagement. Critics, however, argue that collaboration with a centralized exchange contradicts the decentralization principles that many members of the crypto community advocate.</span></p>
<h3><b>3. Pepe Unchained (PEPU)</b></h3>
<p><span style="font-weight: 400">For investors in search of new ventures, </span><span style="font-weight: 400">Pepe Unchained (PEPU)</span><span style="font-weight: 400"> might be worthy of consideration. This layer-2 derivative of the well-known PEPE meme coin has successfully raised over $19.8 million in its presale, indicating a strong market interest.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true" wp_automatic_readability="7.5">
<p lang="en" dir="ltr">Another tremendous milestone reached!</p>
<p>Hey builders, something exciting is on the horizon!
<a href="https://t.co/yD516Iys3G">pic.twitter.com/yD516Iys3G</a></p>
<p>— Pepe Unchained (@pepe_unchained) <a href="https://twitter.com/pepe_unchained/status/1845926196594291010?ref_src=twsrc%5Etfw">October 14, 2024</a></p></blockquote>
<p><span style="font-weight: 400">What distinguishes Pepe Unchained is its real utility, setting it apart from many other meme coins. Like significant projects such as Ethereum and Solana, PEPU operates on its native layer-2 network to enhance scalability, enabling faster transactions with lower fees compared to networks such as Ethereum, Solana, and TON. Initially, the popular PEPE meme coin will benefit from this technology, but Pepe Unchained intends to extend these advantages across the entire meme coin domain, facilitating more efficient transactions for every user.</span></p>
<noscript></noscript>
<p><span style="font-weight: 400">YouTuber Clay Bro, who boasts over 130k subscribers, has already started comparing PEPU to PEPE, the third-largest meme coin valued at $4.3 billion. Additionally, Pepe Unchained has initiated a developer grant program named “Frens with Benefits” to attract talent and stimulate decentralized app (dApp) development on the Pepe Chain.</span></p>
<p><span style="font-weight: 400">Investors also have the option to stake their PEPU tokens for an annual return of 111%. At this juncture, over 1.4 billion PEPE tokens have already been staked. The presale price for $PEPU stands at $0.00999, and tokens can be acquired via $ETH, $USDT, $BNB, or through a bank card. However, buyers are encouraged to act swiftly, as a price hike is anticipated in less than 15 hours.</span></p>
<p><span style="font-weight: 400">Purchase PEPU Tokens Now!</span></p>
<h3><b>4. Kucoin Token (KCS)</b></h3>
<p><span style="font-weight: 400">KuCoin Token (KCS) acts as the native cryptocurrency for the KuCoin exchange, which made its debut in 2017. It was established to provide users with perks like lowered trading fees and a share in the exchange's revenues. Initially, KCS was set up as an ERC-20 token on the Ethereum network, but KuCoin aims to gradually decrease the total KCS supply from 200 million to 100 million by implementing token buybacks and burns.</span></p>
<p><span style="font-weight: 400">Currently, KCS is valued at $8.72, with approximately 120.4 million tokens in circulation, leading to a market capitalization of around $1.05 billion. Since reaching its lowest point in 2019, KCS has experienced remarkable growth, increasing more than 2,278%. KuCoin is focusing on enhancing the token's utility by integrating it into new features and services offered on the platform.</span></p>
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<p><span style="font-weight: 400">In the upcoming months, KCS is set to become the native asset for KuCoin's decentralized financial services and will serve as the governance token for the KuCoin community, as the platform implements its decentralized trading solution. KuCoin is intent on “Empowering KCS,” aiming to position it as a key product in the ecosystem, providing further advantages for its holders.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true" wp_automatic_readability="11.555555555556">
<p lang="en" dir="ltr">
New affiliates, this one's for you!</p>
<p>
Don’t miss out on exclusive rewards from our monthly trading events on <a href="https://twitter.com/hashtag/KuCoin?src=hash&ref_src=twsrc%5Etfw">#KuCoin</a>.</p>
<p>
Don't miss out and register today</p>
<p>— KuCoin (@kucoincom) <a href="https://twitter.com/kucoincom/status/1846470556788654359?ref_src=twsrc%5Etfw">October 16, 2024</a></p>
</blockquote>
<p><span style="font-weight: 400">With solid fundamentals and a strong community behind it, KCS displays potential for future growth. Should KuCoin establish partnerships with additional networks, the token could exceed $15 in valuation. If the ongoing bullish trend persists in the crypto market, KCS might average around $10.19 by 2024.</span></p>
<h3><b>5. Celo (CELO)</b></h3>
<p><span style="font-weight: 400">Celo is a decentralized platform crafted to support crypto indices and actively managed funds on the Solana blockchain. It leverages the Celo Engine to deliver various services, encompassing on-chain funds, indices, and multi-token liquidity pools. Additionally, it facilitates liquidity routing between indices and decentralized exchange (DEX) aggregators, marking it as a multifaceted tool within the DeFi ecosystem.</span></p>
<p><span style="font-weight: 400">Celo also offers public APIs, streamlining the integration of its products into other DeFi projects. Fund managers can assemble and manage funds comprising multiple tokens while applying custom rules for reweighting, rebalancing, or filtering. Users also have the capability to create their own actively managed funds or indices and engage in trading of those developed by others.</span></p>
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<img decoding="async" src="https://insidebitcoins.com/wp-content/uploads/2024/10/CELO-Price-Chart-2.jpeg" alt="CELO Price Chart" width="1200" height="800" srcset="https://insidebitcoins.com/wp-content/uploads/2024/10/CELO-Price-Chart-2.jpeg 1200w, https://insidebitcoins.com/wp-content/uploads/2024/10/CELO-Price-Chart-2-300x200.jpeg 300w, https://insidebitcoins.com/wp-content/uploads/2024/10/CELO-Price-Chart-2-1024x683.jpeg 1024w, https://insidebitcoins.com/wp-content/uploads/2024/10/CELO-Price-Chart-2-768x512.jpeg 768w" sizes="(max-width: 1200px) 100vw, 1200px"/>
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<p><span style="font-weight: 400">Recently, Celo has performed well, reaching a 24-hour peak of $0.8736 after a dip to $0.7661. As of this writing, it trades at $0.8097, marking a 2.82% increase. This uptick in value suggests growing buying interest and a favorable shift in market sentiment.</span></p>
<p><span style="font-weight: 400">Celo is currently trading 54.72% higher than its 200-day simple moving average (SMA) of $0.524995, with a 70% positive trend shown by 21 out of the last 30 days being green. Technical indicators suggest a promising outlook as of October 16, 2024.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true" wp_automatic_readability="15.284916201117">
<p lang="en" dir="ltr">Welcome to the Celo ecosystem, <a href="https://twitter.com/BRLAdigital?ref_src=twsrc%5Etfw">@BRLAdigital</a>!
</p>
<p>Their Brazilian Real-pegged stablecoin, BRLA, is now live, contributing to the network’s robust ecosystem as the 10th native stablecoin deployed within Celo
</p>
<p>
Keep reading for insights about BRLA's solutions & their impact ↓ <a href="https://t.co/ryuUewimW9">pic.twitter.com/ryuUewimW9</a></p>
<p>— Celo
(@Celo) <a href="https://twitter.com/Celo/status/1846189346841653611?ref_src=twsrc%5Etfw">October 15, 2024</a></p>
</blockquote>
<p><span style="font-weight: 400">Moreover, Celo has launched BRLA, a stablecoin tethered to the Brazilian real. This marks the 10th native stablecoin on the Celo network, underscoring its initiative to provide accessible financial tools via blockchain technology, especially for underserved communities in Brazil and beyond.</span></p>
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