Chiliz

Cryptocurrency

2024

when

<p><span data-preserver-spaces="true">It’s hard to spot when the next cryptocurrencies explode. All crypto sectors are in a sporadic rally in a bull market. However, with the right indicator, investors can identify crypto coins with a promising outlook. Some of the narratives that are gradually making waves in the market this quarter are the DePIN and AI tales.&nbsp;</span></p>
<p><span data-preserver-spaces="true">Assets in the are printing remarkable performance. Taking cues from the performance of Fetch.ai, Ronin, and Chiliz might give out the prospect of the crypto markets in the coming months.</span></p>
<h2 id="strong-span-data-preserver-spaces-true-next-cryptocurrency-to-explode-span-strong"><strong><span data-preserver-spaces="true">Next Cryptocurrency To Explode&nbsp;</span></strong></h2>
<p><span data-preserver-spaces="true">In addition, upcoming cryptocurrencies like Scotty the AI are also gaining traction due to the speed at which they cover their presale milestones. An overview of their presale journey and the prospect of the token is covered below.&nbsp;</span></p>
<h3 id="strong-span-data-preserver-spaces-true-1-render-rndr-span-strong"><strong><span data-preserver-spaces="true">1. Render (RNDR)&nbsp;</span></strong></h3>
<p><span data-preserver-spaces="true">Render made headlines in the first quarter of last year when rumors of its partnership with Apple Inc. broke out. The news assumed Render’s decentralized GPU network would be used in the VR headsets.&nbsp;</span></p>
<p><span data-preserver-spaces="true">However, the hopes of the crypto community were dashed when the VR headsets arrived on the market with little indication that Render Network technology was used. Nevertheless, Render’s presence at one of Apple’s events preceding the release of the gears gives the platform the credibility and visibility it needs. The event put the project in the limelight, helping to reinforce investor interest in the asset.</span></p>
<p><img decoding="async" class="aligncenter size-full wp-image-482590" src="https://insidebitcoins.com/wp-content/uploads/2024/02/Ronin-Price-Chart-1.png" alt="Ronin Price Chart" width="824" height="577" srcset="https://insidebitcoins.com/wp-content/uploads/2024/02/Ronin-Price-Chart-1.png 824w, https://insidebitcoins.com/wp-content/uploads/2024/02/Ronin-Price-Chart-1-300x210.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/02/Ronin-Price-Chart-1-768x538.png 768w" sizes="(max-width: 824px) 100vw, 824px"></p>
<p><span data-preserver-spaces="true">Today, RNDR reaps the benefit of the partnership as the token’s value has increased by nearly 600% YTD. Interestingly, the price maintains an uptrend as it posted a price increase of over 5% today. The gains keep pouring in despite the recent $15 million dump by Kinetic Capital.&nbsp;</span></p>
<p><span data-preserver-spaces="true">However, the dump had little effect on the token’s over $2 billion market cap, and the expanding impact of the crypto AI sector puts RNDR on the list of the tokens with a high potential of becoming the next cryptocurrencies to explode.&nbsp;</span></p>
<h3 id="strong-span-data-preserver-spaces-true-2-ronin-ron-span-strong"><strong><span data-preserver-spaces="true">2. Ronin (RON)&nbsp;</span></strong></h3>
<p><span data-preserver-spaces="true">Crypto GameFi enthusiasts paid little attention to the Ronin network until recently. It is an EVM with scaling capabilities that allow it to host millions of users daily. At the time of writing, the platform had handled billions of dollars in NEFT transactions, and its potential was gaining attention in the industry. Its restaking initiative took the project to a new height.&nbsp;</span></p>
<p><img decoding="async" class="aligncenter size-full wp-image-482584" src="https://insidebitcoins.com/wp-content/uploads/2024/02/Ronin-Price-Chart.png" alt="Ronin Price Chart" width="824" height="577" srcset="https://insidebitcoins.com/wp-content/uploads/2024/02/Ronin-Price-Chart.png 824w, https://insidebitcoins.com/wp-content/uploads/2024/02/Ronin-Price-Chart-300x210.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/02/Ronin-Price-Chart-768x538.png 768w" sizes="(max-width: 824px) 100vw, 824px"></p>
<p><span data-preserver-spaces="true">RON, the platform’s cryptocurrency, has seen over 600% increase in value in the last 90 days. While the token is currently witnessing a pullback, there are signals of a potential rally ahead.&nbsp;</span></p>
<p><span data-preserver-spaces="true">The RON chart reveals several upsides, indicating investors can still capitalize on the potential uptrend. The current downtrend might be an opportunity to buy the dip as its recent RSI value moved from overbought to neutral in less than 24 hours.&nbsp;</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">Introducing <a href="https://twitter.com/search?q=%24RON&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$RON</a> | <a href="https://twitter.com/search?q=%24RONIN&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$RONIN</a> Restaking!</p>
 <p>Restake your rewards now ⚔️</p>
 <p>• Go to My Staking → Restake<br>• Available on desktop and mobile<br>• No claiming required</p>
 <p>Restake here 👇</p>
 <p>📜 : <a href="https://t.co/o9IFDpBv6i" rel="noopener noreferrer nofollow">https://t.co/o9IFDpBv6i</a> <a href="https://t.co/pRQbZum2K5" rel="noopener noreferrer nofollow">pic.twitter.com/pRQbZum2K5</a></p>
 <p>— Ronin (@Ronin_Network) <a href="https://twitter.com/Ronin_Network/status/1760281588145750435?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 21, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p><span data-preserver-spaces="true">Moreover, the short-term and long-term moving averages remain significantly below their current market value, indicating bullish momentum. RON is arguably one of the next cryptocurrencies to explode, given its resistance against the bear pressure.&nbsp;</span></p>
<p><span data-preserver-spaces="true">Nevertheless, RON holders, particularly recent investors, should brace for a sideways trend as it approaches the critical resistance at its $3.58 price. Breaking above the range may put the token in a new ATH, which is more likely as the overall crypto outlook remains favorable.&nbsp;</span></p>
<h3 id="strong-span-data-preserver-spaces-true-2-chiliz-chz-span-strong"><strong><span data-preserver-spaces="true">2. Chiliz (CHZ)&nbsp;</span></strong></h3>
<p><span data-preserver-spaces="true">As crypto use cases increase, assets like projects like Chiliz would enjoy the windfall. It is happening as the bull market takes effect. More sports fans bring their passion to crypto as they turn to the CHZ token to express their interest. Since the general crypto uptrend kicked off in October of the previous year, CHZ has recorded a price increase of over 150%.</span></p>
<p><span data-preserver-spaces="true"><img decoding="async" class="aligncenter size-full wp-image-482588" src="https://insidebitcoins.com/wp-content/uploads/2024/02/Chiliz-Price-Chart.png" alt="Chiliz Price Chart" width="835" height="553" srcset="https://insidebitcoins.com/wp-content/uploads/2024/02/Chiliz-Price-Chart.png 835w, https://insidebitcoins.com/wp-content/uploads/2024/02/Chiliz-Price-Chart-300x199.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/02/Chiliz-Price-Chart-768x509.png 768w" sizes="(max-width: 835px) 100vw, 835px">&nbsp;</span></p>
<p><span data-preserver-spaces="true">In the last 24 hours, the token printed over a 10% increase, which sent it to the top of the gainers list today before swinging into a reversal. CHZ is gradually approaching its resistance at $0.12 – $0.15. Braking above this range means the token might rally as high as $0.3 or above.&nbsp;</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">Really thrilled by this announcement in Korea, one of the biggest crypto &amp; blockchain market. First time you'll see a sports league becoming a blockchain-validator and building chain-based products. <a href="https://t.co/t06IsnoX4n" rel="noopener noreferrer nofollow">https://t.co/t06IsnoX4n</a> <a href="https://t.co/kNciCJPvNM" rel="noopener noreferrer nofollow">pic.twitter.com/kNciCJPvNM</a></p>
 <p>— Alexandre Dreyfus 🇹🇷 (@alex_dreyfus) <a href="https://twitter.com/alex_dreyfus/status/1759413496150999172?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 19, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p><span data-preserver-spaces="true">Generally, the likelihood of CHZ beating this price range is high, given the recent partnership the platform is forging in the sporting industry. Its partnership with Kleague signifies a significant milestone for the platform as it would reinforce the confidence in its holders. It would also expand its visibility across a country that’s a significant player in the crypto market.&nbsp;</span></p>
<p><span data-preserver-spaces="true">Ultimately, investors should watch the Chiliz trend as the token continues, reinforcing its potential to become the next crypto to explode.&nbsp;</span></p>
<h3 id="strong-span-data-preserver-spaces-true-3-scotty-the-ai-scotty-span-strong"><strong><span data-preserver-spaces="true">3. Scotty the AI (SCOTTY)&nbsp;</span></strong></h3>
<p><span data-preserver-spaces="true">The growing AI trend allows traders who missed out on past crypto cycles to capitalize and earn rewards. Thankfully, many presale projects are underway, opening the path to earning remarkable rewards, especially when the tokens are listed on exchanges.&nbsp;</span></p>
<p><iframe title="Scotty AI New 10X Potential Crypto?! (Best Crypto to Buy Now?!)" width="640" height="360" src="https://www.youtube.com/embed/ukliaqEapTM?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe></p>
<p><span data-preserver-spaces="true"><a href="https://insidebitcoins.com/visit/scottytheai" rel="noopener noreferrer nofollow">Scotty the AI</a> is an instance of crypto opportunity on its path to becoming the upcoming crypto to explode. The project combines the memecoin narrative with the reigning AI narrative. Out of the trends comes what is the protector of the crypto industry. The details of the project fundamentals and its tokenomics are featured on its website.&nbsp;</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">💥Presale Update!💥</p>
 <p>ScottyTheAi has raised $500k in early stages of presale</p>
 <p>Congratulation to all the early <a href="https://twitter.com/hashtag/Scottydogs?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Scottydogs</a> in presale.</p>
 <p>Buy Now: <a href="https://t.co/zRmy4g8hfW" rel="noopener noreferrer nofollow">https://t.co/zRmy4g8hfW</a> <a href="https://twitter.com/hashtag/cryptocurrencies?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#cryptocurrencies</a> <a href="https://twitter.com/hashtag/Ethererum?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Ethererum</a> <a href="https://twitter.com/hashtag/binance?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#binance</a> <a href="https://twitter.com/search?q=%24SCOTTY&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SCOTTY</a> <a href="https://t.co/uScsbKkd3t" rel="noopener noreferrer nofollow">pic.twitter.com/uScsbKkd3t</a></p>
 <p>— Scotty The Ai (@ScottyThe_Ai) <a href="https://twitter.com/ScottyThe_Ai/status/1759741743937794367?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 20, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p><span data-preserver-spaces="true">At press time, the token is valued at $0.00555, and the project has raised about $500k through its presale. Investors can fill their bags before <a href="https://insidebitcoins.com/visit/scottytheai" rel="noopener noreferrer nofollow">SCOTTY</a> goes live on exchanges. The market is yet to see the PEPE trend of the previous year. SCOTTY might be leading the way this quarter.&nbsp;</span></p>
<p><a class="editor-rtfLink" href="https://insidebitcoins.com/visit/scottytheai" target="_blank" rel="noopener noreferrer nofollow"><span data-preserver-spaces="true">Visit Scotty the AI Presale</span></a></p>
<h3 id="strong-span-data-preserver-spaces-true-4-fetch-ai-price-fet-span-strong"><strong><span data-preserver-spaces="true">4. Fetch.ai price (FET)&nbsp;</span></strong></h3>
<p><span data-preserver-spaces="true">Like every significant crypto in the AI sector, FET has been printing impressive performance over the past few weeks. At press time, the price of FET is up by over 5%, complemented by 10% in trading volume. The sudden turn of events for the token defeated the expectations of many bears as short positions got liquidated.&nbsp;</span></p>
<p><span data-preserver-spaces="true">Today, the price of the FET briefly crossed the $1 mark before receding by a few percent. Data from its technical analysis reveals that FET recently experienced the golden cross as its moving averages switched trends. The market movement likely triggered the visible gains recorded in its price. However, RSI readings show there will likely be a pullback due to the overbought signals.&nbsp;</span></p>
<p><img decoding="async" class="aligncenter size-full wp-image-482589" src="https://insidebitcoins.com/wp-content/uploads/2024/02/Fetch.ai-Price-Chart.png" alt="Fetch.ai Price Chart" width="842" height="563" srcset="https://insidebitcoins.com/wp-content/uploads/2024/02/Fetch.ai-Price-Chart.png 842w, https://insidebitcoins.com/wp-content/uploads/2024/02/Fetch.ai-Price-Chart-300x201.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/02/Fetch.ai-Price-Chart-768x514.png 768w" sizes="(max-width: 842px) 100vw, 842px"></p>
<p><span data-preserver-spaces="true">Hence, the dipping price might be an opportunity to buy against the next leg up as the crypto AI sector continues to witness growing inflow and interest. The asset is currently at the $0.9 support zone, which might break due to the bear pressure. However, it will likely bounce off the $0.85 range to return on its uptrend.&nbsp;</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">Big News! 🚀</p>
 <p>In a recent promotion, <a href="https://twitter.com/binance?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@binance</a> has included <a href="https://twitter.com/search?q=%24FET&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$FET</a> in a campaign for their users between Feb 19th and March 3rd 🗓️</p>
 <p>Check out the details in their tweet below 👇 <a href="https://t.co/6AgpnsF2jJ" rel="noopener noreferrer nofollow">https://t.co/6AgpnsF2jJ</a></p>
 <p>— Fetch.ai (@Fetch_ai) <a href="https://twitter.com/Fetch_ai/status/1760287629487067361?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 21, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p><span data-preserver-spaces="true">In addition, the ongoing Binance campaign, putting up AI tokens for grabs, will likely result in an uptrend in the category.&nbsp;</span></p>
<h3 id="strong-span-data-preserver-spaces-true-read-more-span-strong"><strong><span data-preserver-spaces="true">Read More</span></strong></h3>
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 <li><a class="editor-rtfLink" href="https://insidebitcoins.com/buy-cryptocurrency/next-cryptocurrency-to-explode" target="_blank" rel="noopener noreferrer nofollow"><span data-preserver-spaces="true">Next Cryptocurrency To Explode 2023</span></a></li>
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