{"id":576516,"date":"2024-09-13T14:50:41","date_gmt":"2024-09-13T14:50:41","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=576516"},"modified":"2024-09-13T14:50:41","modified_gmt":"2024-09-13T14:50:41","slug":"next-cryptocurrency-to-explode-september-13-pyth-network-drift-wormhole-big-time","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/next-cryptocurrency-to-explode-september-13-pyth-network-drift-wormhole-big-time","title":{"rendered":"Next Cryptocurrency to Explode, September 13 \u2014 Pyth Network, Drift, Wormhole, Big Time"},"content":{"rendered":"

Cryptocurrency prices have been fluctuating for a while, and the overall feeling in the market is bearish. Bitcoin (BTC) is struggling to get back to $60K and above, and Ethereum (ETH) is striving to stabilize at $2,500.<\/span><\/p>\n

However, identifying the <\/span>next cryptocurrencies to explode<\/a> might take some work as most funds are attracted to pumping assets. Today’s article explores the performance of cryptocurrencies that have dominated the gainers list in the last 24 hours. The objective is to identify coins with some potential and inform investors and traders about each token. <\/span><\/p>\n

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

Today’s article discusses the performance of potentially explosive cryptos that investors should add to their watchlist. It also includes a special mention of Pepe Unchained, a new Pepe-themed meme coin launched on its Ethereum Layer 2 blockchain. Within minutes, it attracted over $150,000 in investments. The details of its presale and the performance of the top-performing cryptos today are shared below.<\/span><\/p>\n

1. Pyth Network (PYTH)<\/b><\/h3>\n

Pyth Network (PYTH) is trading between $0.2327 and $0.2979, offering a promising opportunity as it nears key resistance at $0.34. With solid support at $0.21 and a weekly rise of 11.67%, PYTH has shown strength despite a slight 0.83% dip over the past month. The neutral momentum, indicated by the RSI and Stochastic, suggests that the coin is preparing for its next move. If PYTH builds momentum, it could rise 35% to $0.40, indicating a potential recovery for strategic investors.<\/span><\/p>\n

\"Pyth<\/p>\n

Pyth Network plays a key role in decentralized finance (DeFi) by providing accurate, real-time market data to blockchain platforms. This data is essential for the smooth operation of smart contracts and other DeFi applications. One of its standout features is its decentralized Oracle system, delivering direct data from financial institutions and exchanges. With updates every 300-400 milliseconds, Pyth ensures that even slight delays don’t affect financial operations.<\/span><\/p>\n

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Great article by @Cointelegraph<\/a> on the rise of Pyth Network in both TVS and trading volume.<\/p>\n

Read the full article here: ⬇️https:\/\/t.co\/O5KbCXDULi<\/a><\/p>\n

— Pyth Network 🔮 (@PythNetwork) September 12, 2024<\/a><\/p><\/blockquote>\n