{"id":629555,"date":"2025-02-23T15:08:10","date_gmt":"2025-02-23T15:08:10","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=629555"},"modified":"2025-02-23T15:08:10","modified_gmt":"2025-02-23T15:08:10","slug":"next-cryptocurrency-to-explode-23-february-ethereum-name-service-pancakeswap-optimism-bitcoin-cash","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/next-cryptocurrency-to-explode-23-february-ethereum-name-service-pancakeswap-optimism-bitcoin-cash","title":{"rendered":"Next Cryptocurrency to Explode, 23 February \u2014 Ethereum Name Service, PancakeSwap, Optimism, Bitcoin Cash"},"content":{"rendered":"

Making the most profit from a bull market requires attention to the promising altcoins and meme coins 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<\/span><\/a> and inform investors and traders about each token. The post also includes an overview of the market trend for crypto assets, which have the potential to post significant gains in the future.<\/span><\/p>\n

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

Experts suggest investors are more likely to discover the next booming crypto among upcoming projects. With this in mind, they should consider the potential of the new presale coin, MIND of Pepe (MIND). MIND of Pepe (MIND) has raised an impressive $6 million in about three weeks. It merges AI intelligence with the viral appeal of meme coins to tap into AI-driven projects and meme-based tokens.<\/span><\/p>\n

1. Ethereum Name Service (ENS)<\/b><\/h3>\n

Ethereum Name Service (ENS) continues to make an impact in the cryptocurrency industry, currently ranking #77 among digital assets. Its price has climbed to $27.54, reflecting a 1.52% gain in the last 24 hours. With a market capitalization of $980.36 million and a 24-hour trading volume of $72.69 million, ENS remains a significant player despite a recent 43% drop in trading activity.<\/span><\/p>\n

Over the past year, ENS has demonstrated strong performance, gaining 30.7% and outperforming 60% of the top 100 cryptocurrencies. It has also outpaced Bitcoin and Ethereum, highlighting its potential in the market. Trading above its 200-day simple moving average (SMA), ENS is showing bullish momentum, further reinforced by 13 green days in the last month, accounting for 43% of its recent trading activity.<\/span><\/p>\n

\"ENS<\/p>\n

ENS Labs, the team behind the Ethereum Name Service, is making major strides in improving its scalability and adoption. By the end of 2025, they plan to launch Namechain, a Layer 2 rollup network designed to lower costs and expand ENS’s reach within Layer 2 ecosystems. This move reflects their commitment to enhancing decentralized naming services, making it easier for users to link human-readable names to cryptocurrency addresses.<\/span><\/p>\n

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Announcing the Open Intents Framework ✨<\/p>\n

Ecosystem-wide interop, accelerated by 30+ teams from all corners of Ethereum.<\/p>\n

A modular, open framework to make it seamless for any chain to get intents into the hands of users & improve cross-chain UX.<\/p>\n

➡️ https:\/\/t.co\/336n5TgOtX<\/a> pic.twitter.com\/rEpXtTHO67<\/a><\/p>\n

— Ethereum Foundation (@ethereumfndn) February 19, 2025<\/a><\/p><\/blockquote>\n