Exploding Digital Gold: Ethereum PoW, Pi, Kadena, Walrus - Likely Contenders for Cryptocurrency Boom Starting from May 1st
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Keep your eye on these hot cryptocurrencies that have been on a roll lately! Those seeking the next big boom in the crypto world should consider investing in up-and-coming projects. Here's a look at some top gainers over the last 24 hours that could potentially post substantial gains in the future:
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Bitcoin Bull Token (BTCBULL)
Experts predict that the next great cryptocurrency could come from the ranks of new projects. BTC Bull Token (BTCBULL), a new meme coin, is one to watch as it aligns with Bitcoin's growth trajectory and is rapidly approaching its $3 million presale milestone. More details on this promising project can be found below.
Ethereum PoW (ETHW)
EthereumPoW (ETHW) offers a unique twist on the Ethereum ecosystem by sticking with the proof-of-work system even after the leading Ethereum network switched to proof-of-stake during the Merger. This could provide an opportunity for developers and stablecoin creators to transfer their apps and liquidity onto this chain. Currently trading at $2.02 after a 6.11% increase over the past 24 hours and a 49.49% jump in the last week, ETHW shows healthy investor interest with a volume-to-market cap ratio of 0.134.
Pi (PI)
Pi (PI) hasn't had the smoothest ride recently, with its price sliding after reaching a peak of $3.00 on February 26. Over the last month, it has lost another 14.53%. This downward trend may give some pause, but PI saw a small win today, rising by 5.64% during the day's trading session. It could be setting up for a complete rebound, especially given its "falling wedge" pattern and the team's recent purchase of 48.5 million PI tokens to help protect the ecosystem from further price drops.
Kadena (KDA)
Kadena (KDA) stands out among proof-of-work blockchains by offering high security and scalability across multiple blockchains. Its use of directed acyclic graph (DAG) principles enables it to process many transactions simultaneously, making it suitable for heavy-duty applications. Over the past seven days, KDA has climbed 27.36%, and in the last 30 days, it has soared 57.87%. Its recent 24-hour trading range has been between $0.6352 and $0.6666, indicating investor interest in Kadena's unique mix of scalability and security.
Walrus (WAL)
Walrus (WAL) could become a go-to choice for developers seeking fast, flexible blockchain storage, with its goal of providing real-time data access differentiating it from older platforms. While WAL's price has been falling for much of the past month, it has shown positive momentum recently, thanks to its new listing on Upbit, South Korea's top crypto exchange. Moreover, its partnership with Chainbase, the largest multi-chain data network built for AI applications, is indicative of Walrus's growing trust and capabilities.
Stay tuned for more insights on these promising cryptocurrencies! Don't forget to join our Telegram channel for the latest breaking news coverage.
Additional Insights
Based on recent studies and expert opinions, some high-growth candidates are worth investigating in the alternative coin space:
- Dawgz AI ($DAGZ): positioning itself as an Ethereum-based AI memecoin, Dawgz AI has raised over $3.2 million in presale and may surge post-launch due to its AI-powered trading platform and Wall Street veteran-developed high-frequency algorithms[1][4]. Analysts suggest it could deliver 100x returns by 2025, fueled by the expanding AI market[4].
- Solana (SOL) and Cardano (ADA): often mentioned alongside XRP, these established altcoins may benefit from market cycles and technological updates, with some anticipating an "altcoin season" in 2025[1][3].
Established tokens like Bitcoin and Ethereum remain popular choices given their strong market positions.
- The Bitcoin Bull Token (BTCBULL), a new meme coin, is rapidly approaching its $3 million presale milestone and is worth considering for those seeking the next big boom in the crypto world.
- EthereumPoW (ETHW), with a 6.11% increase over the past 24 hours and a 49.49% jump in the last week, is showing healthy investor interest and could provide an opportunity for developers.
- Pi (PI), despite losing 14.53% over the last month, saw a small win today and could be setting up for a rebound, especially given its "falling wedge" pattern and recent token purchase by the team to protect the ecosystem.
- Kadena (KDA) has climbed 27.36% over the past week and 57.87% over the past 30 days, making it a top gainer among proof-of-work blockchains that offer high security and scalability.
