Next Cryptocurrency to Explode: Telos, ZKFair, and Bitget Token

Experts have discussed the projected 2024 cryptocurrency boom, suggesting a possible preference for altcoins. Although analysts concede that there’s a chance Bitcoin will see significant price gains, they believe that 2024 will provide more favourable conditions for the altcoin market. This article outlines the unique elements propelling the growth of these tokens and evaluates the techniques used by various potential coins.

The Next Biggest Cryptocurrency

This essay closely examines prominent tokens and the rationale behind their considerable shift. For example, Sponge V2 has grown significantly and now has an amazing stake of more than 6 billion tokens. Simultaneously, Telos unveiled the Telos Community Hub and Bitget Token implemented cutting-edge Multi-Party Computation (MPC) technology to improve wallet performance.

1. BGB, or Bitget Token

Bitget has demonstrated its dedication to customer security by enhancing wallet functionality through the use of cutting-edge Multi-Party Computation (MPC) technology. Every user wallet address on the platform has been updated to an MPC address. Moreover, this implementation incorporates state-of-the-art technologies such as the Trusted Execution Environment (TEE) and Threshold Signature Scheme (TSS).

This action builds on Bitget’s earlier attempts to strengthen security by upgrading the MPC and educating users about the benefits of contemporary cryptography methods. Users can protect their digital assets with additional layers of protection offered by the MPC Wallet. Additionally, Bitget Token’s value is $0.5892, indicating a slight 0.37% intraday decline.

In spite of this, the token has proven resilient, rising by 0.48% over the past month. Moreover, Bitget Token reached its greatest price of $0.699781 at its all-time high on December 19, 2023. On June 25, 2020, it did, however, reach its lowest price of $0.014496.

The lowest price since the all-time high was $0.570852, and the highest was $0.597471. Additionally, with the Fear & Greed Index at 54 (Neutral), market sentiment is bullish. Out of a maximum quantity of 2.00 billion Bitget Tokens, 1.40 billion BGB are now in circulation.

With a yearly supply inflation rate of 180.00%, 900.00 million BGB were produced in the previous year. Additionally, the token outperformed 82% of the top 100 crypto assets last year with a remarkable 182% price growth. Bitget Token is trading close to its cycle high and above the 200-day simple moving average, pointing to a positive market trend.

2. ZKFair (ZKF)

This week, ZKFair’s value has increased significantly, signifying a 4.00% price gain. Attention has been drawn to the ZKFair Launchpool since it was recently revealed on social media. With a 100% fair token distribution process, this revolutionary Launchpool seeks to carefully select promising projects and present them to a wider audience.

The promotion of equity and inclusivity in the community is the main objective of the ZKFair Launchpool. This gives members unbiased chances to participate in the first phases of project development. Moreover, the ZKFair Launchpool expedites the transparent and equitable growth of projects while fortifying the community.

Furthermore, ZKFair’s price prediction is currently neutral, and the Fear & Greed Index is at 54, which also indicates neutrality. ZKFair Launchpool’s commitment to equitable token distribution highlights its goal of creating an open environment. A thorough approach to community involvement is seen in the airdrop process’ inclusion of ZKF holders, ZKF stakers, and owners of.zkf domains.

3. Sponge V2 (SPONGEV2)

The revised $SPONGE meme coin is called Sponge V2. With over 6 billion $SPONGE coins currently staked and a total value of $3,554,317.15, the token has seen significant growth. In addition, the project’s market valuation has increased dramatically, rising from $1 million to $100 million.

Using the Stake-to-Bridge concept to ease the transfer for $SPONGE holders to V2 is a crucial strategic move for Sponge V2. With a minimum annual percentage yield (APY) of +250%, users can bet their V1 tokens. In addition, the goal of this loyalty reward scheme is to guarantee token holders a smooth transition, encouraging loyalty and continuity.

Apart from the novel staking approach, Sponge V2 has unveiled a Play-to-Earn (P2E) game available in both free and paid editions. Players that participate in this interactive game can gain V2 tokens, which increases user engagement and the project’s usefulness.

Sponge V2 has demonstrated a commitment to openly incentivizing users by designating a portion of its 150 billion token supply for staking incentives. In order to establish credibility and confidence in the community, this strategy is essential.

Sponge V2, which has a 150 billion token supply, is heavily focused on user rewards and community involvement. Additionally, 8% of the token supply is allocated to the Play-to-Earn game component, which increases the overall token utility and offers a channel for engaged community involvement.

The way SPONGEV2 has developed shows how committed it is to providing a useful and strategic platform. Important milestones in the project’s development and user involvement have been reached with the launch of the Play-to-Earn game and the Stake-to-Bridge concept.

4. Telos (TLOS)

Telos has been trending higher over the last week, with a gain of more than 2.63%. Alongside this encouraging progress, there has been a significant increase in trade volume of $1,452,442 million. Its current price is under pressure from this spike, which also suggests that there may be room for more expansion.

Telos’s recent success can be attributed in large part to the soft launch of the Telos Community Hub. This tactical move seeks to increase the community’s size while providing significant incentives to its engaged and committed members.

In addition, Telos has performed admirably overall over the last year, with a significant 47.44% price increase. The coin is ranked higher than 64% of the market’s top 100 tokens. Out of a maximum supply of 420.00 million TLOS, the circulating supply is currently 375.57 million.

Furthermore, the token has seen 15 days of positive trade, or 50% of the period under observation. The project’s market capitalization clearly demonstrates its strong liquidity. The mood around Telos price projection is positive, which is consistent with a neutral Fear & Greed Index value of 54.

Telos is also in a favourable market position as it is trading above its 200-day simple moving average. Investors should be aware, though, that Telos has already dropped by -86% from its peak. In conclusion, all of the signs point to a promising future for Telos’s market. It is recommended that investors keep an eye on Telos as a cryptocurrency that has room to expand.