{"id":603323,"date":"2024-11-23T13:05:17","date_gmt":"2024-11-23T13:05:17","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=603323"},"modified":"2024-11-23T13:05:30","modified_gmt":"2024-11-23T13:05:30","slug":"next-cryptocurrency-to-explode-23-november-iota-vechain-destra-network-dogecoin","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/next-cryptocurrency-to-explode-23-november-iota-vechain-destra-network-dogecoin","title":{"rendered":"Next Cryptocurrency to Explode, 23 November \u2014 IOTA, VeChain, Destra Network, Dogecoin"},"content":{"rendered":"

The altcoin market looks promising, and many altcoins are recording gains. Furthermore, the market seems bullish, so investors and analysts are optimistic. Investors need to stay alert during this consolidation phase, as it could be a chance to catch a ride on a rising trend.<\/span><\/p>\n

Prices of various altcoins are already showing positive movements, even before the market takes off entirely. Today’s article will identify the <\/span>next cryptocurrencies to explode<\/span><\/a> and inform investors and traders about each token.<\/span><\/p>\n

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

Savvy investors anticipate a boom in the altcoin market and taking positions in upcoming tokens like the Crypto All-Stars. The project aims to revolutionize the meme coin space with its groundbreaking MemeVault Ecosystem. This post covers the details of its presale.<\/span><\/p>\n

1. IOTA (MIOTA)<\/b><\/h3>\n

IOTA is a unique distributed ledger technology (DLT) built to support secure and efficient data and value transfers across various sectors, including Web3. Unlike traditional blockchains, it uses a directed acyclic graph (DAG) structure called the Tangle. This design enables decentralized transactions that are fast, scalable, and immutably recorded on the network.<\/span><\/p>\n

Today, MIOTA, IOTA’s native token, is priced at $0.226, marking an impressive 24.67% increase in the last 24 hours. Its market cap has also climbed by the same percentage, reaching $794.79 million. Additionally, trading volume has surged by 201.45%, hitting $95.24 million. The bullish sentiment for MIOTA is reflected in the Fear & Greed Index, which currently stands at 93 (Extreme Greed), signaling growing optimism and increased token activity.<\/span><\/p>\n

\"IOTA<\/p>\n

The IOTA Foundation recently announced IOTA Rebased, a major upgrade that transitions the network’s Layer-1 protocol to a Move-based object ledger. This shift makes IOTA the first Layer 1 blockchain to integrate the Move Virtual Machine (MoveVM), unlocking programmability at the core layer. Developers can now build decentralized applications (DApps) more efficiently, with the network expected to achieve sub-second transaction confirmations and handle tens of thousands of transactions per second.<\/span><\/p>\n

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Let’s talk use cases with IOTA #Rebased<\/a>! 💡 <\/p>\n

In this short clip, @DomSchiener<\/a> explores new types of applications that go beyond what’s possible on the #IOTA<\/a> EVM today—unlocking new potential with the #MoveVM<\/a> layer 👇 pic.twitter.com\/zIff9JTfbx<\/a><\/p>\n

— IOTA (@iota) November 22, 2024<\/a><\/p><\/blockquote>\n