{"id":641657,"date":"2025-04-05T15:46:25","date_gmt":"2025-04-05T15:46:25","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=641657"},"modified":"2025-04-05T15:46:25","modified_gmt":"2025-04-05T15:46:25","slug":"next-cryptocurrency-to-explode-5-april-pi-synthetix-four-layerzero","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/sponsored\/next-cryptocurrency-to-explode-5-april-pi-synthetix-four-layerzero","title":{"rendered":"Next Cryptocurrency to Explode, 5 April \u2014 Pi, Synthetix, Four, LayerZero"},"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 <\/span>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. 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

Experts suggest that 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, BTC Bull Token (BTCBULL). BTCBULL is the first meme coin designed to align with Bitcoin’s growth, and it is quickly approaching the $3 million presale milestone. Further details about the project and its future outlook are shared below.<\/span><\/p>\n

1. Pi (PI)<\/b><\/h3>\n

After hitting a high of $3.00 on February 26, the token has steadily dropped in value. This steep decline—around 60% over the past month—has left many investors uneasy. One of the main reasons for this fall is the lack of transparency around its tokenomics. Moreover, the ongoing silence from Binance about a possible listing has added to the uncertainty, causing many to question the project’s direction. <\/span>However, today’s trading session brought an impressive bounce of 40.43%, sparking hope among traders. This sudden jump happened as the token hit the chart’s key technical support level.<\/span><\/p>\n

Looking closely at the daily chart, PI appears to be moving within a falling wedge pattern—a structure often seen as a sign of an upcoming bullish reversal. Early this morning, the token touched the $0.40 mark along the lower edge of the wedge pattern. That moment was a turning point, as PI quickly rebounded to $0.74, showing strong signs of buying interest.<\/span><\/p>\n

\"PI<\/p>\n

This might be the first genuine attempt to reverse the recent negative trend. If PI breaks above the wedge pattern and crosses the 15-day moving average, traders might begin to believe that a complete reversal is on the horizon.<\/span><\/p>\n

Adding to the buzz, on March 29, 2025, the Pi Network team announced new improvements to strengthen the platform’s security and user experience. These updates show that the team is still working behind the scenes to enhance the platform and offer better support to its growing global community, known as “Pioneers.” <\/span><\/p>\n

2. Synthetix (SNX)<\/b><\/h3>\n

Synthetix is a well-established project running on the Ethereum blockchain. It offers users a way to trade synthetic assets that mimic the value of real-world currencies, cryptocurrencies, and even commodities. Synthetix was trading at $0.6862 at press time, with a market cap of over $232 million. With just a tiny boost in value, it could soon approach the half-billion-dollar mark.<\/span><\/p>\n

Recently, however, the project faced a hiccup. sUSD, the stablecoin used within the Synthetix system, lost its peg and fell by about 8%. While this drop in a stablecoin might alarm some investors, Synthetix founder Kain Warwick has stepped in to ease those concerns. <\/span><\/p>\n

\"SNX<\/p>\n

Warwick explained that the dip was not due to a flaw in the system but rather the result of a major internal update. The old debt management system, which kept the sUSD tied to the US dollar, has now been replaced by a more modern and effective model.<\/span><\/p>\n

This change is part of a broader upgrade to improve the protocol’s reliability and long-term strength. While such transitions can cause short-term instability, the Synthetix team has shown that they are ready to adapt and grow. The fact that sUSD is backed by collateral adds another layer of safety, which should help it recover once the new system entirely takes shape.<\/span><\/p>\n

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Never stop building. https:\/\/t.co\/j7DQkJFk55<\/a><\/p>\n

— Synthetix ⚔️ (@synthetix_io) April 4, 2025<\/a><\/p><\/blockquote>\n