Next Cryptocurrency to Explode Thursday 15 June –  Ecoterra, Uniswap, Algorand

The market capitalization of the global crypto market has again fallen by 3.29% this time. The market value now sits at $1.02 trillion, a striking difference from the last 24 hours, as reported in our latest cryptocurrency about to explode publication.

In the last 24 hours, the entire crypto market had a trading volume worth $36.29 billion. That makes a 15.92% increase from the previous day's trading volume. The decentralized finance sector had a trading volume of $2.64 billion at the time, representing 7.27% of the total market volume. Whereas, the stablecoins exchanged hands in $35.07 billion worth of deals at the same time. This is equivalent to 96.64% of the trading volume of the cryptocurrency market in the last 24 hours.

Bitcoin is still struggling to dominate the market. It lost 0.10% in the last 24 hours and now dominates the market with 47.46%.

Stocks have risen on the back of poor Chinese data for May. The news ignited hopes for a stimulus package for the economy and investors. However, the euro is still waiting for the decision of the European Central Bank before taking a decisive turn.

Whereas, the US Federal Reserve has said that it is holding off raising interest rates at this time. The effect resonated in the stock market and other sectors. However, the bank said that there will be rate hikes in the future.

The crypto market could see the effect of the feds' decision in the coming days, as investors maintain their spending capacity.

The next cryptocurrency to explode

As the market is recovering from the effects of the recent Securities and Exchange Commission (SEC) lawsuit, cryptocurrencies are vying for the top spot again. The rate of return on some assets has been tremendous due to the payback time.

Some others have emerged today and form the basis of our next cryptocurrency to explode post for today. Investors may want to learn a thing or two here before investing in certain assets.

1. Wall Street Memes (WSM)

This year memecoins have come into their own and are bringing traders a good level of profit. Street Street Memes It stood out especially within the cryptocurrency market and is generating a lot of buzz for good reason. It combines the best parts of the memecoin and cryptocurrency community. There are reasons why many investors still consider it one of the best memecoins.

The platform has become a community deeply rooted in the Wall Street Bets and GameStop movements. He has combined internet culture, the financial industry, and meme-based humor. The Wall Street Memes platform has essentially become tokenized through the introduction of a native token, WSM.

With the WSM token, people can participate and invest speculatively just like they do on Wall Street. The difference here is that it has a playful and almost irrelevant approach. People show their support for the WSM token by joining the community and investing in the token. With that, they have access to future memecoin earnings.

The Wall Street Memes platform is an embodiment of how the internet trumps capitalism. Turn the movement for its own good and embrace the democratization of finance and all the potential available in cryptocurrencies.

The token is currently in its pre-sale phase at $0.0289. Despite only getting started for a short period, the project has raised more than $7.1 million so far and counting. This is a great achievement for such a popular movement. There is, therefore, a chance that this project could raise up to $10 million before its presale ends.

Investors who have not invested yet have the opportunity to do so right now and be a part of your promising future. WSM is beyond a token right now, it has become a way of life.

Visit Street Street Memes.

2.Uniswap (UNI)

Although the market is still fighting hard against the downtrend as evidenced by the falling market capitalization. But while this continues, Uniswap is holding its own with other tokens that have managed to weather the storm. It now joins other altcoins in leading the market and shares a positive outlook as the next big cryptocurrency to explode.

Uniswap is currently up 5.61% over the course of the last 24 hours. Although the asset has lost more than 4% of its value over the past 7 days while the market was down, the new rise will help you shake off the loss if it sticks around for a while.

The most recent sentiment that made Uniswap hit the market is based on a new announcement for a V4 engine. This will be released 2 years after the V3 engine was launched on the market. Uniswap Labs announced that its latest V4 engine has the ability to keep up with the evolution in the cryptocurrency space.

What especially distinguishes this new V4 engine is the introduction of hooks, among other important factors. The V4 engine will support groups to deliver large orders over time. These groups are those that internally support adding chain limit orders and dynamic fees, and act as TWAMM.

The platform's native token, UNI, is selling fast again and inviting investors to accumulate more. Interested investors might want to invest before the V4 engine is released and the price rises accordingly.

Visit eToro to buy the next cryptocurrency to explode.

3. Ecoterra (ECOTERRA)

ecoland is he next cryptocurrency to explode because it remains committed to the fight against global warming and making recycling easier for people. The aim of the platform is to increase the level of awareness of how important it is to recycle and then to motivate people to do so.

The main way Ecoterra plans to encourage people to recycle is to reward them for doing so. Their platform allows you to earn passive income while engaging in positive environmental activities like recycling. Its form of reward is called Recycle-2-Earn (R2E).

Part of what Ecoterra offers is first, their Recycle-2-Earm app. With this app, users can enter what they have recycled, with evidence, and line up to be rewarded with the platform's native token, ECOTERRA.

Attention ecoterra community 🌱

Your wait is finally over 🎉 Here's a sneak peek of our mobile app 📱

Get ready for an immersive experience as we will be introducing the app demo very soon: sign up, scan items and witness the power of sustainable living at your fingertips 🚀✨... pic.twitter.com/L9Q63KNkoR

— ecoterraio (@ecoterraio) June 13, 2023

Another offering is their marketplace where carbon offsets are sold. Users have the opportunity to offset their carbon in the market. They can also use the token to contribute in the form of carbon offsetting initiatives. There is also a market for recycled material. With this, users can lend a hand to the sustainability effort of companies. This is done by purchasing recycled materials such as glass, plastic, metal, and other materials.

The project has now raised over $5 million in its ongoing pre-sale and it's still counting. This reveals the level of faith that investors have in the service that the Ecoterra platform sets out to offer. This is the driving force that will generate more returns for investors in the future. The opportunity to invest in the next big cryptocurrency to explode it's still on.

Visit ecoland.

4. Algorand (SOMETHING)

Algorand has once again gained momentum in the cryptocurrency market in recent days as a result of its features. The coin is also in increasing demand, so its price is increasing. It is showing strong attributes of the next cryptocurrency to explode right now.

It is an open source and permissionless protocol built on the blockchain and allows users to transfer digital assets securely. These digital asset transfers also do not need intermediaries to make them happen. Importantly, it works on the PPoS algorithm that allows users to wager coins and earn rewards. The platform also offers high levels of scalability as it processes thousands of transactions in a few seconds and charges very low fees.

Around the world, around the world...🌎

If there is one thing that is true about the #SomethingFam, is that we are a global community. No matter where you are, you'll find us standing up for @Algorand at bootcamps, hackathons and happy hours.

This is what we've been up to lately 🧵↴ pic.twitter.com/Iye4xgYoE2

— Algorand Foundation (@AlgoFoundation) June 14, 2023

Algorand offers investors a fantastic way to diversify their investment portfolios. An increase of 2.16% today gives the guarantee that investors will get good returns when the asset finally breaks even. Interested investors should visit eToro for instructions on how to invest in SOMETHING.

Read more