{"id":483188,"date":"2024-02-23T16:57:20","date_gmt":"2024-02-23T16:57:20","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=483188"},"modified":"2024-02-23T16:57:20","modified_gmt":"2024-02-23T16:57:20","slug":"next-cryptocurrency-to-explode-friday-february-23-pixel-ethereum-siacoin","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/next-cryptocurrency-to-explode-friday-february-23-pixel-ethereum-siacoin","title":{"rendered":"Next Cryptocurrency To Explode Friday, February 23 – Pixel, Ethereum, Siacoin\u00a0"},"content":{"rendered":"

Bitcoin is not the only cryptocurrency with mind-blowing performance this quarter; several other tokens are poised to become the next cryptocurrencies to explode<\/a>. Siacoin, Pixel, and Pyth network are projects making waves in the industry.<\/p>\n

The recent performance of Pixel demonstrates the prospect of assets in the GameFi sector. Likewise, Pyth’s push for improved services in the on-chain-off-chain data access reveals a gap in the Oracle sector. The updates on their trend and performance are covered below.<\/p>\n

Next Cryptocurrency To Explode<\/b><\/h2>\n

In the meantime, the crypto market recently witnessed established assets setting new ATH across the board. Nevertheless, new and upcoming Crypto projects are also making moves to establish an impressive reputation. An example is the Meme Kombat presale that’s set to go on exchanges in a few days. The community has demonstrated resilience, and the launch timing looks relatively perfect, coinciding with the ongoing bull run; details are provided later.<\/p>\n

1. Siacoin (SC) <\/b><\/h3>\n

Siacoin recently crossed the billion-dollar market cap, putting it ahead of several established cryptocurrencies. The project is one of the major contenders with the popular blockchain-based storage system, Filecoin, fighting hard to overtake its market share. Its core value proposition is the storage services to blockchain projects through its distributed, decentralized cloud storage technology.<\/p>\n

At its core, Siacoin’s trustless feature makes it a go-to platform for most crypto-based projects, which accounts for the rising value of its native token, SC. Moreover, the growing investor interest in decentralized infrastructure contributes to Siacoin’s improving performance.<\/p>\n

\"SC<\/p>\n

Recently, SC, the native token of the project, recorded impressive price performance, boosting its value by nearly 65% in the last seven days. It also saw over 12% giants in the last 24 hours and an increase of over 10% in trading volume.<\/p>\n

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We just published the Grants Program update for January!https:\/\/t.co\/rNeSk0LDCS<\/a><\/p>\n

— Sia Foundation (@Sia__Foundation) February 9, 2024<\/a><\/p><\/blockquote>\n