Cryptocurrency

Bitcoin

Ravencoin

Pyth Network

The overall feeling in the market has been positive since the close of Uptober. This month, Bitcoin (BTC) finally rose above its all-time high of $73K and almost closed in on the 100K mark. Meanwhile, many investors have already made plenty of gains from the November bull run.
Determining the <a href="https://insidebitcoins.com/news/next-cryptocurrency-to-explode-2-december-creditcoin-jasmycoin-vechain" rel="noopener noreferrer nofollow">next cryptocurrency to explode</a> might be challenging as most funds are attracted to pumping assets. However, this article will explore the performance of cryptocurrencies with much growth potential, especially before the year runs out. The aim is to identify coins with some potential and help investors and traders make informed decisions about each token.&nbsp;
<h2 id="b-next-cryptocurrency-to-explode-b">Next Cryptocurrency To Explode</h2>
Today’s article discusses the performance of potentially explosive cryptos that investors should add to their watchlist. It also includes a special mention of the presale token, Catslap. This new memecoin introduces a Play-to-Earn (P2E) feature that brings a more potent utility edge over other meme coins. In addition, rumours of a significant token burn have fueled optimism. These developments have already started to impact $ SLAP’s price positively. The details of its presale and the performance of the top-performing cryptos today are shared below.
<h3 id="b-1-ravencoin-rvn-b">1. Ravencoin (RVN)</h3>
Ravencoin (RVN) has displayed notable volatility since early 2024, with bulls striving to gain market control. While the recent trend leans bullish, sustained momentum is crucial for continued gains. Key support levels at $0.017 and $0.016 could offer attractive entry points for optimistic investors.
On the daily chart, Ravencoin showed a positive correction after sellers failed to push the price lower. In the past 24 hours, RVN’s price surged by 24.24%, reaching $0.03157. Meanwhile, its trading volume spiked by 181.90%, hitting $78.69 million, reflecting growing interest among traders and investors.
<img decoding="async" class="aligncenter size-full wp-image-606586" src="https://insidebitcoins.com/wp-content/uploads/2024/12/RVN-Price-Chart.jpeg" alt="RVN Price Chart" width="1200" height="800" srcset="https://insidebitcoins.com/wp-content/uploads/2024/12/RVN-Price-Chart.jpeg 1200w, https://insidebitcoins.com/wp-content/uploads/2024/12/RVN-Price-Chart-300x200.jpeg 300w, https://insidebitcoins.com/wp-content/uploads/2024/12/RVN-Price-Chart-1024x683.jpeg 1024w, https://insidebitcoins.com/wp-content/uploads/2024/12/RVN-Price-Chart-768x512.jpeg 768w" sizes="(max-width: 1200px) 100vw, 1200px">
As a fork of Bitcoin, Ravencoin simplifies the creation and transfer of digital assets while using Bitcoin’s proof-of-work model to ensure security. Despite its price fluctuations, analysts believe a Bitcoin recovery above $70,000 could spark a significant rebound for RVN, positioning it for strong growth.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Ravencoin
 No founder reward No set aside No staking No fundraise No treasury No corporate structure No officers or directors No premine No token sale No ICO No venture capital equity No official foundation
 Just code, given away freely and built on by a community.
 — Project Raven 🦅/ RVN / Ravencoin (@Ravencoin) <a href="https://twitter.com/Ravencoin/status/1863666001566409111?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">December 2, 2024</a>
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Ravencoin’s recent performance and long-term potential make it a compelling choice for investors watching the digital asset space. Its focus on innovation and growing market interest could drive further growth in the coming months. Strategic collaborations with other networks could push its price past $0.10, creating opportunities for investors. By the end of 2024, analysts predict RVN’s average price may hover around $0.07354, especially if the broader market remains bullish.
<h3 id="b-2-neo-neo-b">2. Neo (NEO)</h3>
Neo (NEO) has shown remarkable resilience amid market fluctuations, recently gaining upward momentum. This positive trend reflects strong performance despite broader market challenges. Although its market cap is smaller, Neo has demonstrated notable growth despite its tendency for sudden price shifts.
Neo’s blockchain is a robust foundation for decentralized applications and digital asset trading. Its unique two-token system makes it a compelling alternative to Ethereum. NEO serves governance purposes, while GAS is used for transaction fees, ensuring usability and decentralization. Moreover, advanced smart contract capabilities powered by NeoVM, InteropService, and DevPack make the platform innovative and developer-friendly.
<img decoding="async" class="aligncenter size-full wp-image-606587" src="https://insidebitcoins.com/wp-content/uploads/2024/12/NEO-Price-Chart.jpeg" alt="NEO Price Chart" width="1200" height="800" srcset="https://insidebitcoins.com/wp-content/uploads/2024/12/NEO-Price-Chart.jpeg 1200w, https://insidebitcoins.com/wp-content/uploads/2024/12/NEO-Price-Chart-300x200.jpeg 300w, https://insidebitcoins.com/wp-content/uploads/2024/12/NEO-Price-Chart-1024x683.jpeg 1024w, https://insidebitcoins.com/wp-content/uploads/2024/12/NEO-Price-Chart-768x512.jpeg 768w" sizes="(max-width: 1200px) 100vw, 1200px">
Using the Proof of Stake (PoS) and delegated Byzantine Fault Tolerant (dBFT) protocol strengthens Neo’s governance system. This ensures secure, democratic, and transparent operations and makes the network resistant to threats.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Join the Neo X Grind Hackathon today ⏬<a href="https://t.co/I51a11lrf0" rel="noopener noreferrer nofollow">https://t.co/I51a11lrf0</a> <a href="https://twitter.com/hashtag/blockchain?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#blockchain</a> <a href="https://twitter.com/hashtag/Web3?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Web3</a> <a href="https://twitter.com/hashtag/crypto?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#crypto</a> <a href="https://twitter.com/hashtag/meme?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#meme</a> <a href="https://t.co/UWneDC6mJC" rel="noopener noreferrer nofollow">pic.twitter.com/UWneDC6mJC</a>
 — Neo Smart Economy (@Neo_Blockchain) <a href="https://twitter.com/Neo_Blockchain/status/1863874328867336338?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">December 3, 2024</a>
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As of press time, Neo is trading at $20.11, reflecting a 27.18% gain in the last 24 hours. Its liquidity remains robust, with a volume-to-market cap ratio of 0.4719, signaling high trading activity. Neo shows strong momentum on the technical side, with its 14-day RSI at 74.19, suggesting overbought conditions. Despite trading 72.40% below its 200-day SMA, Neo has surged 63% in the past year, outperforming over 35 of the top 100 cryptocurrencies by market cap.
Neo’s ecosystem expansion highlights its untapped potential. With strong liquidity and a focus on innovation, Neo is an attractive option for investors and developers.
<h3 id="b-3-catslap-slap-b">3. Catslap (SLAP)</h3>
<a href="https://insidebitcoins.com/visit/catslap" rel="noopener noreferrer nofollow">Catslap (SLAP)</a> is making waves in the crypto market, with its price surging over 85% in the last 24 hours. This remarkable jump followed a whale’s purchase of nearly $500K worth of tokens, sparking speculation about potential listings on major exchanges like Coinbase or Binance. Adding to the buzz, the meme coin’s developer teased a “major announcement” expected within the next 48 hours, fueling excitement among investors.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 The <a href="https://twitter.com/search?q=%24SLAP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SLAP</a> that keeps on slapping 🔥
 Over 61 million slaps worldwide – Earn <a href="https://twitter.com/search?q=%24SLAP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SLAP</a> points and climb the global leaderboard with Slap-2-Earn! <a href="https://t.co/yKMt8Y5DM3" rel="noopener noreferrer nofollow">https://t.co/yKMt8Y5DM3</a>
 😺 9.94k+ Hodlers 😻 +2,497% Increase since launch 😼 $13.62M Market Cap 😸 $146k+ Total bought back<a href="https://twitter.com/search?q=%24SLAP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SLAP</a>… <a href="https://t.co/hW7qJQombV" rel="noopener noreferrer nofollow">pic.twitter.com/hW7qJQombV</a>
 — CatSlap (@CatSlapToken) <a href="https://twitter.com/CatSlapToken/status/1863564022119026736?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">December 2, 2024</a>
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Currently, SLAP is ranked 4th among the top gainers on CoinGecko and 6th in DexTools’ trending hot pairs. Its viral success stems from the Catslap slapping game, which has become a global phenomenon with over 93.4 million slaps recorded. This popularity has significantly driven SLAP’s impressive price performance over the past two weeks, pushing its fully diluted market cap close to $50 million.
Catslap has also gained a diverse investor base, with more than 10,650 holders globally. Its average daily trading volume now reaches millions of dollars, reflecting growing interest in the token. The team has recently announced the launch of a play-to-earn feature within its game, allowing players to earn rewards for every slap performed.
<iframe title="NEW 100X Potential CATSLAP MEME COIN - $SLAP Next Binance Listing?! (Flip $1k to $100k?!)" width="640" height="360" src="https://www.youtube.com/embed/4m00WfDYPu0?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
Staking SLAP tokens is equally appealing. Using the Best Wallet app, available on both Android and iOS, investors can stake SLAP with an impressive 40% annual yield. The minimum staking period is seven days, with an option for early unlocking by burning part of the staked balance. Notably, 20% of SLAP’s token supply is allocated to staking rewards.
<a href="https://insidebitcoins.com/visit/catslap" rel="noopener noreferrer nofollow">Visit the Catslap Presale</a>
<h3 id="b-4-moo-deng-moodeng-b">4. Moo Deng (MOODENG)</h3>
MOODENG has caught the attention of the crypto world, with its price soaring over 100% in the past 24 hours to $0.6044. This dramatic increase was accompanied by a staggering 780.11% surge in trading volume, now at $1.32 billion. Over the past month, MOODENG’s gains have reached nearly 300%, reflecting the growing enthusiasm from its community.
In October, Binance added Moo Deng to its Futures platform, introducing the MOODENGUSDT Perpetual Contract with up to 75x leverage. This move, aimed at enhancing trading options, has significantly boosted the token’s visibility. Since its listing, MOODENG’s price has climbed over 300%, with its market cap rising by 28.56% in a single day to nearly $237 million. This growth underscores its unique appeal and the strong support from the crypto community.
<img decoding="async" class="aligncenter size-full wp-image-606590" src="https://insidebitcoins.com/wp-content/uploads/2024/12/MOODENG-Price-Chart.jpeg" alt="MOODENG Price Chart" width="1200" height="800" srcset="https://insidebitcoins.com/wp-content/uploads/2024/12/MOODENG-Price-Chart.jpeg 1200w, https://insidebitcoins.com/wp-content/uploads/2024/12/MOODENG-Price-Chart-300x200.jpeg 300w, https://insidebitcoins.com/wp-content/uploads/2024/12/MOODENG-Price-Chart-1024x683.jpeg 1024w, https://insidebitcoins.com/wp-content/uploads/2024/12/MOODENG-Price-Chart-768x512.jpeg 768w" sizes="(max-width: 1200px) 100vw, 1200px">
Technically, MOODENG is showing signs of potential growth. The MACD indicator has a bullish crossover, with the MACD line above the signal line and a positive histogram pointing to strong upward momentum. Meanwhile, the RSI stands at 58.29, signaling a balanced state—neither overbought nor oversold—which creates room for further price increases.
MOODENG recently broke through the $0.466 resistance level, climbing toward $0.500. However, the token must maintain its momentum. A drop below $0.1707, its 50-day moving average, could lead to a test of the next support at $0.09041. A fall below this level may indicate a bearish trend.
<h3 id="b-5-pyth-network-pyth-b">5. Pyth Network (PYTH)</h3>
Pyth Network is drawing attention as it approaches the $0.552 resistance level. Over the past week, the token has gained over 26% and its monthly rise of 58.18% highlights growing investor interest. With the Relative Strength Index (RSI) slightly above 50, there is room for upward movement. Additionally, the MACD is nearing a positive crossover, signaling increasing momentum for the token.
Breaking past the $0.522 resistance could set the stage for Pyth to target $0.63, representing a 20.69% increase from its current price. Moreover, strong support at $0.35, by aligning the 10-day and 100-day moving averages, further strengthens the bullish case. As the altcoin season nears, Pyth appears well-positioned for significant growth.
<img decoding="async" class="aligncenter size-full wp-image-606594" src="https://insidebitcoins.com/wp-content/uploads/2024/12/PYTH-Price-Chart.jpeg" alt="PYTH Price Chart" width="1200" height="800" srcset="https://insidebitcoins.com/wp-content/uploads/2024/12/PYTH-Price-Chart.jpeg 1200w, https://insidebitcoins.com/wp-content/uploads/2024/12/PYTH-Price-Chart-300x200.jpeg 300w, https://insidebitcoins.com/wp-content/uploads/2024/12/PYTH-Price-Chart-1024x683.jpeg 1024w, https://insidebitcoins.com/wp-content/uploads/2024/12/PYTH-Price-Chart-768x512.jpeg 768w" sizes="(max-width: 1200px) 100vw, 1200px">
Pyth Network is a decentralized Oracle solution that gathers price data from sources such as exchanges and trading firms. Oracles are crucial for blockchain ecosystems as they link real-world data, like asset prices, with smart contracts. Initially launched on Solana and Pythnet, Pyth has expanded to other blockchains via the Wormhole bridge, enabling seamless data sharing across ecosystems.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 3.3M PYTH staking rewards have been distributed to stakers helping to protect DeFi through Oracle Integrity Staking. <a href="https://t.co/U9ovMxo4O7" rel="noopener noreferrer nofollow">pic.twitter.com/U9ovMxo4O7</a>
 — Pyth Network 🔮 (@PythNetwork) <a href="https://twitter.com/PythNetwork/status/1863921130857443439?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">December 3, 2024</a>
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Pyth has a market capitalization of $1.90 billion and is priced at $0.525. Over the last 24 hours, its price has jumped 11.37%, suggesting a potential rounding-bottom reversal. Market sentiment remains optimistic, supported by a high Fear &amp; Greed Index score of 76 (Greed) and 21 green days out of the last 30.
<h2 id="b-read-more-b">Read More</h2>
<ul>
 <li style="font-weight: 400"><a href="https://insidebitcoins.com/buy-cryptocurrency/next-cryptocurrency-to-explode" rel="noopener noreferrer nofollow">Next Cryptocurrency To Explode 2024</a></li>
</ul>

Next Cryptocurrency to Explode, 3 December — Ravencoin, Neo, Moo Deng, Pyth Network

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