Theta Fuel

Cryptocurrency

Theta Network

Pepe Unchained

Ethena

The global crypto market cap has fallen 19% in the past 24 hours, but the overall market sentiment is positive. Cryptocurrency prices have fluctuated for a while, including Bitcoin (BTC). BTC finally went above 100K, even as it climbed slightly to  $102,348 today. Meanwhile, Ethereum (ETH) seems to be closing in on 4K.
Identifying the <a href="https://insidebitcoins.com/news/next-cryptocurrency-to-explode-14-december-gatetoken-magic-eden-clearpool-mina" rel="noopener noreferrer nofollow">next cryptocurrencies to explode</a> might take some work as most funds are attracted to pumping assets. Today’s article explores the performance of cryptocurrencies that have dominated the gainers list in the last 24 hours. The objective is to identify coins with some potential and inform investors and traders 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 Pepe Unchained, a new Pepe-themed meme coin launched on its Ethereum Layer 2 blockchain. Within minutes, it attracted over $150,000 in investments. The details of its presale and the performance of the top-performing cryptos today are shared below.
<h3 id="b-1-hyperliquid-hype-b">1. Hyperliquid (HYPE)</h3>
HyperLiquid, a leading on-chain perpetual trading protocol, is proving to be a game-changer in crypto. While Bitcoin (BTC) often grabs the spotlight, HyperLiquid is setting its milestones, especially in ether (ETH) trading activity. Operating on a custom-built layer 1 blockchain, the platform has grown remarkably. According to DefiLlama, its cumulative perpetual volume has surged past an astonishing $500 billion, marking a 15-fold increase year-to-date.
Moreover, HyperLiquid has maintained an average daily volume of over $5 billion in the past week, accounting for more than 45% of total on-chain perpetual market activity in the last 24 hours. This consistent growth in ether trading suggests robust and stable capital flow, potentially fueling a significant rise in ETH, the second-largest cryptocurrency by market value.
<img decoding="async" class="aligncenter size-full wp-image-610401" src="https://insidebitcoins.com/wp-content/uploads/2024/12/HYPE-Price-Chart.jpeg" alt="HYPE Price Chart" width="1200" height="800" srcset="https://insidebitcoins.com/wp-content/uploads/2024/12/HYPE-Price-Chart.jpeg 1200w, https://insidebitcoins.com/wp-content/uploads/2024/12/HYPE-Price-Chart-300x200.jpeg 300w, https://insidebitcoins.com/wp-content/uploads/2024/12/HYPE-Price-Chart-1024x683.jpeg 1024w, https://insidebitcoins.com/wp-content/uploads/2024/12/HYPE-Price-Chart-768x512.jpeg 768w" sizes="(max-width: 1200px) 100vw, 1200px">
The HYPE token, HyperLiquid’s native asset, has also seen impressive momentum. As of 7:14 a.m. EST, the token surged by 16.54% in the past 24 hours, reaching $23.85. Trading volume rose by 39.29% to $381.54 million, reflecting growing interest in the platform. In the 1-hour timeframe, the HYPE/USDC pair shows a strong uptrend supported by a parabolic curve and increasing trading volume.&nbsp;
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Hyperliquid is now available on Sandwich [:]
 Trade all of your favorite algos, run automations and quit telegraphing your TWAPs onchain!
 It takes 5 minutes to get started : <a href="https://t.co/6VgWJIkt5X" rel="noopener noreferrer nofollow">https://t.co/6VgWJIkt5X</a>
 — Sandwich (@SandwichTrading) <a href="https://twitter.com/SandwichTrading/status/1867604111807443018?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">December 13, 2024</a>
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Currently consolidating between $23.93 and $24.00, the price is approaching a critical resistance level. If bullish momentum continues, a breakout here could drive the token further into the $25.50–$26.00 reward zone.
HyperLiquid’s success isn’t just about trading activity. On November 29, the platform made history with one of the largest airdrops ever, distributing 310 million HYPE tokens valued at $3.90 each. This event brought the total airdrop value to an impressive $1.2 billion. Since its launch, the HYPE token’s value has skyrocketed by 511.54%, now trading at $23.85 and pushing its market capitalization close to $7 billion.
<h3 id="b-2-xmoney-utk-b">2. xMoney (UTK)</h3>
xMoney, previously known as Utrust, is making strides in solving key challenges in cryptocurrency payments. The platform aims to make crypto a reliable and user-friendly payment option by addressing high transaction fees and limited security. Its primary goal is to create a system that supports fast, secure, and low-cost transactions, enabling merchants to reach the growing community of crypto holders. For buyers, xMoney ensures safe purchases with refund options, while sellers benefit from protection against the crypto market’s volatility.
Today, the price of UTK, xMoney’s native token, is $0.1428, an impressive 46.71% increase in the last 24 hours. The token’s market capitalization has also surged over 46%, reaching $100.51 million, with trading volume climbing by 59.66% to $251.66 million in the same period. The current market sentiment for UTK is bullish, supported by the Fear &amp; Greed Index at 80, signaling Extreme Greed. This reflects increased confidence in the token’s growth potential and highlights a broader trend of rising activity.
<img decoding="async" class="aligncenter size-full wp-image-610402" src="https://insidebitcoins.com/wp-content/uploads/2024/12/UTK-Price-chart.jpeg" alt="UTK Price chart" width="1200" height="800" srcset="https://insidebitcoins.com/wp-content/uploads/2024/12/UTK-Price-chart.jpeg 1200w, https://insidebitcoins.com/wp-content/uploads/2024/12/UTK-Price-chart-300x200.jpeg 300w, https://insidebitcoins.com/wp-content/uploads/2024/12/UTK-Price-chart-1024x683.jpeg 1024w, https://insidebitcoins.com/wp-content/uploads/2024/12/UTK-Price-chart-768x512.jpeg 768w" sizes="(max-width: 1200px) 100vw, 1200px">
Moreover, xMoney’s future looks promising, especially with recent developments. In late November, the company appointed Dr Greg Siourounis, an award-winning economist, as Co-Founder and CEO. As a Mastercard principal member with strategic licenses across Europe, including e-Money and VASP, xMoney is well-positioned for the upcoming MiCA regulation.&nbsp;
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 🚀 <a href="https://twitter.com/xMoney_com?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@xMoney_com</a> : The Future of Web3 Payments
 xMoney, a cornerstone of the <a href="https://twitter.com/MultiversX?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@MultiversX</a> ecosystem, is set to reveal big announcements that could redefine its future
 Curious why xMoney is shaping the future of digital payments ❓
 🧵 This thread is for you👇<a href="https://twitter.com/hashtag/EGLDArmy?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#EGLDArmy</a> <a href="https://t.co/xkPqT3c1pL" rel="noopener noreferrer nofollow">pic.twitter.com/xkPqT3c1pL</a>
 — 🐝Crypto_Pierro🐝 (@GasnierPierre) <a href="https://twitter.com/GasnierPierre/status/1866481127419949516?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">December 10, 2024</a>
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The platform aims to lead Europe into a new era of stablecoins under the transformative EU framework. Under Dr Siourounis’ leadership, xMoney plans to integrate advanced blockchain-based payment solutions with its stablecoin program, signaling an ambitious path forward.
<h3 id="b-3-pepe-unchained-pepu-b">3. Pepe Unchained (PEPU)</h3>
Pepe Unchained (PEPU) has jumped 19.39% in price in the past 24 hours, trading at $0.02833 as of 8:36 a.m. EST. This recent surge is tied to the excitement around its much-anticipated presale launch on Uniswap on December 10. Adding to the buzz, the development team has hinted at rapid listings on centralized exchanges (CEX), sparking speculation about potential debuts on major platforms like Coinbase or Binance.
Analyzing the PEPU/USD chart reveals a promising rounding bottom pattern. Bulls capitalized on the $0.025 support level to push the price upward. According to CoinMarketCap, PEPU has rebounded significantly from the $0.0236 range, reaching a peak near $0.03 before settling slightly lower at $0.02848.
<iframe title="PEPE UNCHAINED IS TRENDING ON COIN MARKETCAP AGAIN!! BUY NOW?! PEPE UNCHAINED PRICE PREDICTION!" width="640" height="360" src="https://www.youtube.com/embed/okwb63ggrYY?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>
Interestingly, the slight bounce from the $0.025 support hints at the possibility of a cup-and-handle pattern forming. If confirmed, this could point to further bullish momentum ahead. Moreover, PEPU is trading well above its 50-day Simple Moving Average (SMA), a key signal of strength. The Relative Strength Index (RSI) currently sits at 56.72, indicating neutral-to-bullish market conditions. After briefly entering the overbought zone, the RSI has cooled down, reflecting the ongoing consolidation phase.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Prepare yourselves: Pepe’s Pump Pad is launching this January.
 Meme coin mania is what the Pepe Unchained Ecosystem is all about—fun, memes, launches, and pumps. 🧵 <a href="https://t.co/I0wpUxwwbm" rel="noopener noreferrer nofollow">pic.twitter.com/I0wpUxwwbm</a>
 — Pepe Unchained (@pepe_unchained) <a href="https://twitter.com/pepe_unchained/status/1868000509459878146?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">December 14, 2024</a>
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If buyers keep up their momentum, PEPU could soon test the $0.030–$0.035 range. However, if selling pressure builds, immediate support lies at $0.020, followed by the 50-day SMA at $0.01729. A drop below these levels could signal a bearish trend shift.
<h3 id="b-4-theta-fuel-tfuel-b">4. Theta Fuel (TFUEL)</h3>
Theta Fuel (TFUEL) continues strengthening its role as a vital component of the Theta blockchain ecosystem. As the network’s operational token, TFUEL supports transactions, smart contracts, and decentralized video services. Moreover, its staking mechanism rewards participants and improves network security. TFUEL’s use in NFT liquidity mining through ThetaDrop further expands its utility and appeal.
Currently priced at $0.08401, TFUEL has seen a 5.35% increase in the past 24 hours. Over the last year, its price has surged by an impressive 80.18%, reflecting strong market performance. Notably, TFUEL has recorded 20 green days in the past month, meaning the daily close price was higher than the daily open on 67% of those days. This consistent growth, combined with relatively high liquidity compared to its market capitalization, highlights its potential as a reliable asset.
<img decoding="async" class="aligncenter size-full wp-image-610406" src="https://insidebitcoins.com/wp-content/uploads/2024/12/TFUEL-Price-Chart.jpeg" alt="TFUEL Price Chart" width="1200" height="800" srcset="https://insidebitcoins.com/wp-content/uploads/2024/12/TFUEL-Price-Chart.jpeg 1200w, https://insidebitcoins.com/wp-content/uploads/2024/12/TFUEL-Price-Chart-300x200.jpeg 300w, https://insidebitcoins.com/wp-content/uploads/2024/12/TFUEL-Price-Chart-1024x683.jpeg 1024w, https://insidebitcoins.com/wp-content/uploads/2024/12/TFUEL-Price-Chart-768x512.jpeg 768w" sizes="(max-width: 1200px) 100vw, 1200px">
Investor sentiment for TFUEL remains bullish, supported by a Fear &amp; Greed Index score of 82, which signals extreme greed. This indicates strong confidence and growing interest in the token.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Theta Edge Node v.5.1.4 is out now! Your node will upgrade automatically, adding real-time alerts for Edge Compute reward payouts, Elite Booster rewards, and release notes for future version updates. Not running an Edge Node already? Start earning now at <a href="https://t.co/Dgn0dzE1g4" rel="noopener noreferrer nofollow">https://t.co/Dgn0dzE1g4</a>! <a href="https://t.co/y1FzPuNU4a" rel="noopener noreferrer nofollow">pic.twitter.com/y1FzPuNU4a</a>
 — Theta Network (@Theta_Network) <a href="https://twitter.com/Theta_Network/status/1867325131405529347?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">December 12, 2024</a>
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Adding to its momentum, Theta Network recently partnered with FlyQuest, a leading esports organization and top North American League of Legends team, to launch a customized AI esports chatbot. Powered by Theta EdgeCloud, this AI agent, named a.PHiD, will be available on FlyQuest’s website and Discord. It aims to enhance fan engagement by answering questions about rosters, match schedules, and results instantly.
<h3 id="b-5-ethena-ena-b">5. Ethena (ENA)</h3>
Ethena (ENA) is capturing attention with its strong performance in the recent bullish wave sweeping the crypto market. Over the past week, ENA has surged by an impressive 12.80%, reaching a price of $1.13 and boosting its market cap to approximately $2.04 billion.
In just the past 24 hours, ENA has climbed another 14.02%, outpacing many other altcoins. Its market cap also jumped by 14.03%, now at $3.32 billion. This price surge came after a breakout from the $0.862 level on December 10, completing a falling wedge pattern. Such a pattern, which shows a narrowing range of lower highs and lows, often predicts upward movement. This breakout reflects increasing buyer momentum, indicating the potential for more gains ahead.
<img decoding="async" class="aligncenter size-full wp-image-610408" src="https://insidebitcoins.com/wp-content/uploads/2024/12/ENA-Price-Chart.jpeg" alt="ENA Price Chart" width="1200" height="800" srcset="https://insidebitcoins.com/wp-content/uploads/2024/12/ENA-Price-Chart.jpeg 1200w, https://insidebitcoins.com/wp-content/uploads/2024/12/ENA-Price-Chart-300x200.jpeg 300w, https://insidebitcoins.com/wp-content/uploads/2024/12/ENA-Price-Chart-1024x683.jpeg 1024w, https://insidebitcoins.com/wp-content/uploads/2024/12/ENA-Price-Chart-768x512.jpeg 768w" sizes="(max-width: 1200px) 100vw, 1200px">
Technical indicators add to the optimism. Rising trading volume and a bullish moving average crossover suggest a continued upward trend. The $1 support level has proven solid, and if ENA can surpass the $1.19 resistance, further price growth seems likely.
Adding to the excitement, Ethena Labs recently unveiled details about its upcoming stablecoin, USDe. Unlike traditional stablecoins like Tether (USDT) and USD Coin (USDC), USDe is designed for transactions and as an investment vehicle offering returns. This innovation highlights Ethena’s efforts to stand out in the DeFi space.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Weekly sUSDe APY 27% has been distributed; I love you <a href="https://t.co/SYVxMD18XN" rel="noopener noreferrer nofollow">pic.twitter.com/SYVxMD18XN</a>
 — Ethena Labs (@ethena_labs) <a href="https://twitter.com/ethena_labs/status/1867185714393493829?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">December 12, 2024</a>
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What makes USDe unique is its staking mechanism. Instead of relying on fiat reserves, it stakes ETH to generate rewards. This approach eliminates short funding rates and offers holders an impressive 29% annual yield. Such features make USDe a standout high-yield option, further enhancing Ethena’s appeal among investors.
<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, 15 December — Hyperliquid, xMoney, Theta Fuel, Ethena

Table of Contents

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