{"id":549737,"date":"2024-07-12T05:12:01","date_gmt":"2024-07-12T05:12:01","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=549737"},"modified":"2024-07-12T05:12:01","modified_gmt":"2024-07-12T05:12:01","slug":"next-cryptocurrency-to-explode-thursday-july-11-stacks-jasmycoin-mantle-centrifuge","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/next-cryptocurrency-to-explode-thursday-july-11-stacks-jasmycoin-mantle-centrifuge","title":{"rendered":"Next Cryptocurrency to Explode Thursday, July 11 \u2014 Stacks, JasmyCoin, Mantle, Centrifuge"},"content":{"rendered":"

While Bitcoin and many other cryptocurrencies are experiencing price volatility, some altcoins are experiencing bullish trends, boasting significant increases. Meanwhile, other cryptocurrencies also show signs of readiness to surpass crucial resistance levels.<\/span><\/p>\n

Many altcoins, like Stacks, JasmyCoin, and Centrifuge, are experiencing a bullish 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><\/h3>\n

Many investors will be moving to seize new opportunities in the current market. Analysts are highlighting the potential of upcoming projects, and one example worth checking out is 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. Stacks (STX)<\/b><\/h3>\n

Stacks (STX), the native token of Bitcoin’s layer-2 network, has unexpectedly topped the list of gainers on CoinMarketCap. STX is trading at around $1.66, up 12.30% in the past 24 hours. In recent days, STX has attracted significant investor interest, consistently recovering from short-term lows despite Bitcoin’s (BTC) ongoing price volatility and struggle to break the $60,000 resistance level.<\/span><\/p>\n

Stacks is a Bitcoin Layer designed for smart contracts. It enables smart contracts and decentralized applications to use Bitcoin as an asset and settle transactions on the Bitcoin blockchain. This layer unlocks $500 billion in BTC capital by using the Bitcoin L1 for settling decentralized applications. Thanks to its Proof of Transfer consensus and Clarity language, Stacks can read the full Bitcoin state anytime.<\/span><\/p>\n

\"Stacks<\/p>\n

Recent developments within the Stacks ecosystem have supported STX’s upward momentum. CNF reported that the Hypernative Protocol has secured the Stacks environment, promising enhanced real-time threat detection to improve network security. Additionally, Stacks reached an all-time high with over 150 million STX locked in DeFi programs.<\/span><\/p>\n

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Stacks stands out with its modern programming language 🟧<\/p>\n

– Stacks Creator @Muneeb<\/a> talks about the benefits of a unique programming language for Stacks in an increasingly competitive Bitcoin L2 space. pic.twitter.com\/jMA5m2MLWI<\/a><\/p>\n

— stacks.btc (@Stacks) July 9, 2024<\/a><\/p><\/blockquote>\n