{"id":575629,"date":"2024-09-12T03:55:04","date_gmt":"2024-09-12T03:55:04","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=575629"},"modified":"2024-09-12T03:55:04","modified_gmt":"2024-09-12T03:55:04","slug":"next-cryptocurrency-to-explode-september-11-injective-superverse-mantra-drift","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/next-cryptocurrency-to-explode-september-11-injective-superverse-mantra-drift","title":{"rendered":"Next Cryptocurrency to Explode, September 11 \u2014 Injective, SuperVerse, MANTRA, Drift"},"content":{"rendered":"

Earning significant ROI in a bull market could mean paying attention to the meme coins and Altcoins with explosive potential. However, identifying the next cryptocurrencies to explode might take some work as most funds are attracted to pumping assets.<\/span><\/p>\n

Today’s article explores the performance of cryptocurrencies that have dominated the gainers list in the last 24 hours. The objective is to identify the <\/span>next cryptocurrencies to explode<\/a> and inform investors and traders about each token. Also included in the post is an overview of the market trend of crypto assets, which have the potential to post significant gains in the future.<\/span><\/p>\n

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

It’s that time in the market when investors and traders take a position to either edge their gains or capitalize on emerging trends. Experts believe investors have a better chance of finding the next cryptos to explode among upcoming crypto projects. With that in mind, investors should explore the potential of Mega Dice. The project aims to reward current casino users with many benefits while drawing in new ones. Updates on the project and its prospects are shared below.<\/span><\/p>\n

1. Injective (INJ)<\/b><\/h3>\n

Injective Protocol (INJ) is gaining attention as a top platform in the DeFi space. It stands out for its decentralized exchange (DEX) features and focus on derivatives trading. With zero gas fees, cross-chain compatibility, and fast transactions, INJ offers an appealing option for traders and developers, especially compared to Ethereum. As the need for efficient DeFi solutions grows, INJ could see increased adoption and a rise in value by 2024.<\/span><\/p>\n

Despite a 75% price correction during the six-month crypto downturn, this pullback has brought INJ to solid support levels. It’s worth noting that such corrections are often needed after a massive price surge. INJ saw a 4,000% increase in just 15 months, so this drop helps stabilize the market. <\/span><\/p>\n

\"Injective<\/p>\n

The key support levels are $16.60 and $13.30, which are expected to hold. If the price bounces from here, it could break the descending trend line and signal an upward move. The only concern is the weekly Stochastic RSI, which points downward, indicating weak momentum. However, if the bounce continues, this indicator could turn around. <\/span><\/p>\n

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Injective is co-hosting one of the biggest Web3 hackathons this year with the Government of Dubai and Bybit!<\/p>\n

Register today ⚒️ pic.twitter.com\/ceLT9VumVI<\/a><\/p>\n

— Injective 🥷 (@injective) September 9, 2024<\/a><\/p><\/blockquote>\n