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The overall feeling in the market has been positive since the close of October 2024. Last month, Bitcoin (BTC) rose above its all-time high and surpassed the 100K mark. Eventually, it fell to $93.5K and rose to $98.9K today. Meanwhile, many investors have already made plenty of gains from the November/December 2024 bull run. Determining the next cryptocurrency to explode 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. Next Cryptocurrency To Explode 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 Solaxy. This new meme coin offers a unique blend of these two dynamics by combining meme coins’ excitement and reward potential with the practical utility of a Layer 2 blockchain solution. 1. Artificial Superintelligence Alliance (FET) FET has solidified its position as a standout performer in the crypto-AI sector, gaining significant attention after a 19.69% price surge over the past week. Moreover, the token continues to show potential for further growth, with its daily chart forming a bullish price action pattern. In the last 24 hours, FET’s price increased by 7.40%, reaching $1.58, while its trading volume spiked by an impressive 92.42% to hit $378.32 million, according to CoinMarketCap. Since early August 2024, FET consolidated around the $0.89 range. However, bullish momentum propelled it to $1.33 within a week before encountering resistance and undergoing a slight correction. Interestingly, this correction formed a rounding top pattern, a technical indicator that suggests the possibility of continued upward momentum.

Gensol Engineering, in collaboration with Matrix Gas & Renewables, have announced that it has emerged as the lowest bidder for developing India’s first bio-hydrogen project for a leading power generation company. The project, which is to be established by the Gensol-Matrix consortium, will convert 25 tons of bio-waste into one ton of hydrogen per day. The project is valued at ₹164 crore and is scheduled for completion within 18 months. The company said it has strategically partnered with Westinghouse, USA which has patented technology and has commissioned multiple plants globally. “The scope of work includes developing the establishment of a 25 tons per day (TPD) bio-waste processing and producing one TPD green hydrogen infrastructure from pre-gasification plasma induced radiant energy-based gasification sGensol and Matrix are promoted by common promoters and the firm said they will continue to collaborate in the green hydrogen and its derivatives including green steel and green ammonia domain, taking benefit of the skill sets of each entity. Recently, Gensol Engineering announced its entry into the U.S. market with the launch of its Delaware-based subsidiary, Scorpius Trackers Inc. The firm said that the first U.S. office of Scorpius Trackers will be strategically located in California. Gensol said the U.S. tracker market is growing at a robust compounded annual growth rate (CAGR) of more than 20%. With a goal to supply over 2,000 MW annually by 2028, Scorpius Trackers aims to capitalize on its decade long experience and 1,000 MW+ of contracted orders across key markets including India, Africa, Japan, and the Middle East, it said. Meanwhile, during the first quarter of fiscal year 2025, Gensol reported a 105% year-on-year (YoY) jump in its total revenue at ₹297 crore. Earnings before interest, tax, depreciation, and amortisation (EBITDA) rose 143% YoY to ₹89 crore. Net profit rose 50% YoY to ₹15 crore during the

Samsung Biologics stock hit a new 52-week high for the third consecutive trading day amid bullish trading of biotech and pharmaceutical stocks in Korea. The rally has been fueled by the beginning of the U.S. rate-cut cycle and the recent passage of a bill by the House of Representatives aimed at barring Chinese bio-manufacturing contractors from the domestic market. Related Article Business soars for Korean pharma as U.S. cuts ties with Chinese partners As U.S.-China biotech tensions rise, Korea holds its breath Samsung Biologics' share price closed at 1,087,000 won ($811.98), up 2.55 percent from the previous trading day, on the Kospi bourse on Monday. It marked another 52-week record after Samsung Biologics soared to new yearly highs on Thursday with a 5.96 percent increase and on Friday with a 1.05 percent rise.Other biopharmaceutical stocks in Korea have also surged as of late. KRX Healthcare, which tracks the movement of 73 stocks in the biotech and pharmaceutical sector traded on the Korean market, rose 14.04 percent, or 506.27 points, over the past six months to 4,112.79 points. During the cited period, on the other hand, the KRX 300 Index dipped 7.63 percent to 1,604.46 points, while the Kospi declined 5.55 percent to 2,602.01 points. The bullish bio-pharma trading was partly driven by expectations of U.S. rate cuts this year, which began on Sept. 18 when the Federal Reserve implemented a 0.5 percentage-point reduction of its key interest rate.

Samsung Biologics stock hit a new 52-week high for the third consecutive trading day amid bullish trading of biotech and pharmaceutical stocks in Korea. The rally has been fueled by the beginning of the U.S. rate-cut cycle and the recent passage of a bill by the House of Representatives aimed at barring Chinese bio-manufacturing contractors from the domestic market. Related Article Business soars for Korean pharma as U.S. cuts ties with Chinese partners As U.S.-China biotech tensions rise, Korea holds its breath Samsung Biologics' share price closed at 1,087,000 won ($811.98), up 2.55 percent from the previous trading day, on the Kospi bourse on Monday. It marked another 52-week record after Samsung Biologics soared to new yearly highs on Thursday with a 5.96 percent increase and on Friday with a 1.05 percent rise.Other biopharmaceutical stocks in Korea have also surged as of late. KRX Healthcare, which tracks the movement of 73 stocks in the biotech and pharmaceutical sector traded on the Korean market, rose 14.04 percent, or 506.27 points, over the past six months to 4,112.79 points. During the cited period, on the other hand, the KRX 300 Index dipped 7.63 percent to 1,604.46 points, while the Kospi declined 5.55 percent to 2,602.01 points. The bullish bio-pharma trading was partly driven by expectations of U.S. rate cuts this year, which began on Sept. 18 when the Federal Reserve implemented a 0.5 percentage-point reduction of its key interest rate.

Bitcoin Market Updates: BTC fails $96K breakout test Bitcoin (BTC) rose 3% on Friday to hit $95,800 ending a three-day losing streak. While major altcoins like Cardano (ADA) and SUI scored excess of 5% gains, BTC rally stagnated below the $96,000 level as bulls struggled to mop up excess supply from Bitcoin ETF’s rapid outflows this week.