{"id":515390,"date":"2024-05-02T05:58:59","date_gmt":"2024-05-02T05:58:59","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=515390"},"modified":"2024-05-02T05:58:59","modified_gmt":"2024-05-02T05:58:59","slug":"next-cryptocurrency-to-explode-wednesday-may-1-optimism-cosmos-starknet-hedera","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/next-cryptocurrency-to-explode-wednesday-may-1-optimism-cosmos-starknet-hedera","title":{"rendered":"Next Cryptocurrency To Explode Wednesday, May 1 \u2014 Optimism, Cosmos, Starknet, Hedera"},"content":{"rendered":"

It’s not business as usual in the crypto market, as the atmosphere has worsened over the past week. After some brief explosive gains that took the price of BTC to a new all-time high of $73,780.07, it tumbled into a significant pullback. This resulted in a massive decline in crypto prices.<\/span><\/p>\n

Interestingly, many altcoins, including Hedera, Optimism, and Starknet, are not following BTC’s recent bearish trend. Based on the market data from these cryptocurrencies, some have posted gains in the same period, and higher gains are likely. It’s becoming evident that some of these tokens will become the <\/span>next cryptocurrencies to explode<\/span><\/a>.<\/span><\/p>\n

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

Crypto investors and traders are making moves to boost their profits or seize new opportunities. Some analysts suggest that the next big cryptocurrencies might be found among upcoming projects. Keeping this in view, it’s worth checking out WienerAI. The project aims to merge AI and crypto trading to create a powerful, user-friendly trading platform. Below, we’ll look at updates on the project and its future.<\/span><\/p>\n

1. Optimism (OP)<\/b><\/h3>\n

Optimism is a solution for scaling Ethereum that uses optimistic rollups to boost the network’s efficiency and speed. This advancement is crucial for Ethereum’s growth, allowing more transactions to be processed securely and swiftly.<\/span><\/p>\n

Transactions on Optimism are processed quickly and then securely anchored on the Ethereum mainnet, which benefits from strong security measures.<\/span><\/p>\n

\"Optimism<\/p>\n

The native token of Optimism, OP, has shown signs of accumulation this week, with its price increasing to $2.53, marking a 6.78% gain. It has a solid support level at $2.30 and is approaching a key resistance point at $4.62, accompanied by significant trading volume.<\/span><\/p>\n

\n

One of the uses of Retro Funding is to use the grant to incentivize more creations on the Superchain, and benefit the Collective by driving more demand for block spaces on the Superchain. https:\/\/t.co\/LzMVowJ4dY<\/a><\/p>\n

— Optimism (@Optimism) May 1, 2024<\/a><\/p><\/blockquote>\n