Crypto Gloom

DEXTools’ Top Trending Cryptocurrencies – X, eTukTuk, e-RADIX, GMD

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DEXTool analyzes the most popular coins to unlock profitable investment opportunities with cutting-edge cryptocurrency assets to help investors stay ahead of the volatile cryptocurrency market and maximize ROI potential.

With the Bitcoin price up 4% in the last 24 hours, traders are actively seeking new coin listings on DEXTools for potentially higher upside potential. DEXTools is expanding rapidly with new projects being released every day.

These projects often feature unique use cases and value propositions to differentiate themselves from other projects. In this article, we will highlight the list of three new coins that are currently generating the most buzz on DEXTools.

DEXTools’ most popular cryptocurrency coins

X is the most popular coin on DEXTool today, with a 136% increase in the last 24 hours and a Dext score of 97. The spike came after Team X announced on Twitter that it had launched a rescue protocol. This protocol follows today’s migration from DEXTools to the updated $Xers. Meanwhile, a new cryptocurrency, eTukTuk, continues to create influence through its unique use cases and active community.

1. X

X is a community-driven cryptocurrency project inspired by Elon Musk’s cryptic tweet about the letter X. X aims to create a decentralized and innovative financial ecosystem based on blockchain technology with a vision to disrupt traditional economic systems.

As a result, what sets X apart is its emphasis on community engagement, transparency, and inclusion. X promotes ownership and collaboration by involving token holders, developers, and enthusiasts in the decision-making process. This ensures that the project develops in the interests of the local community.

X_Price ChartX_Price Chart

Moreover, X uses a deflationary token economics model. This encourages long-term holding through static rewards and automatic liquidity creation.

The token focuses on security, creative marketing, NFT integration, and social impact initiatives. Despite its modest valuation, X’s strong growth potential makes it attractive. Additionally, its community-driven spirit combined with innovative features positions it as an option for investors. Ideal for those who want exposure to the evolving cryptocurrency landscape.

Nonetheless, the current price of X is $0.0000004, with a 24-hour trading volume of $169,578. The project has seen a significant increase of 91.55% in the last 24 hours. Additionally, its real-time market capitalization is $374,052, ranking 1788th on CoinMarketCap. Additionally,

2. Ituk Tuk (TUK)

eTukTuk (TUK) is a new eco-friendly cryptocurrency that will revolutionize transportation in developing countries. With more than $560,000 recently raised, eTukTuk is on a mission. It aims to make sustainable transportation more affordable and accessible to underbanked populations.

Additionally, the backbone of the eTukTuk ecosystem is the native TUK token, a BEP-20 token on the BNB chain, with a maximum supply of 2 billion. TUK tokens provide payments, incentives and rewards across eTukTuk’s decentralized network.

A key feature is TUK Power Staking, which allows holders to passively earn rewards for over 15 years. This is achieved by gradually reducing the reward curve to encourage long-term participation.

Nonetheless, if holders lock their tokens, they can earn staking rewards of up to 300% APY, giving TUK an intrinsic value. This also enables payments within the eTuktuk ecosystem. As more electric tuk-tuks are deployed, utility and demand for TUKs are expected to increase. This will drive pre-sale momentum as people adopt the eTuktuk platform.

Pre-sale towing provides insight into eTuktuk’s future potential. This causes investors to consider entering at current pre-sale prices to maximize long-term returns. With the pre-sale goal approaching $680,000, the current phase is expected to conclude soon. This will increase the price of TUK from the current $0.026.

Additionally, once the pre-sale is complete, TUK plans to publicly launch its centralized and decentralized exchanges. Interested investors can purchase TUK tokens using BNB, USDT or credit/debit cards at etuktuk.io.

Visit eTukTuk Presale

3. e-Radix (EXRD)

e-Radix (EXRD) is an important bridge between the Radix and Ethereum networks. It functions as a wrapped representation of XRD on Ethereum. Founded in November 2020, this digital asset facilitates seamless 1:1 exchanges with XRD. It also contributes to interoperability between the two ecosystems.

Nonetheless, e-Radix’s mission is to provide wider accessibility to Radix’s XRD token within Ethereum’s DeFi environment, similar to how wBTC represents Bitcoin. e-Radix is ​​designed to be permanent and has no planned expiration, ensuring continuous exchange between eXRD and XRD. The token aims to maintain price parity.

eXRD price charteXRD price chart

Meanwhile, the token’s connection to the Radix ecosystem features Cerberus consensus and the Scrypto programming language. This highlights its role in decentralizing the global financial system. Nonetheless, as part of Radix’s broader goals, e-Radix promotes decentralization by contributing to the wider distribution of pre-staking tokens.

Meanwhile, EXRD is in limited supply, so only a limited number of units are available, and its value may increase over time. It acts as a global currency, enabling international transactions without intermediaries.

Likewise, if you want to earn and store EXRD, you can purchase it through cryptocurrency exchanges or P2P marketplaces. Once you receive your EXRD, it is important to keep it safe in your cryptocurrency wallet. This wallet can be a hot wallet (software-based, stored on the device) or a cold wallet (hardware-based, stored offline).

The recent surge in trading volume, reaching $519,424 in the last 24 hours, is a sign of increased market activity. This makes e-Radix an investment option for those looking to get into cryptocurrency.

4. GMD (GMD)

The GMD Protocol is a yield optimization and aggregation platform built on Arbitrum’s existing applications and GMD’s reserve token. The project offers a unique approach to maximizing returns while mitigating risk in the cryptocurrency space.

However, by adopting a delta-neutral or quasi-delta-neutral strategy, GMD eliminates the risk of users being exposed to unwanted assets. GMD’s first products include a single-stake vault for BTC, ETH, and USD built on top of GMX and GLP. This allows the reserves of the GMD protocol to receive returns from the native support $GLP and all returns from a single stake vault.

The GMD Protocol aims to revolutionize the way transactions are conducted. The protocol’s plans also include leveraging its derivatives platform through smart vaults and arbitrage fixed assets. These plans demonstrate our commitment to continued innovation and expansion.

GMD price chartGMD price chart

Nonetheless, GMD Protocol earns real revenue from a variety of sources through a transparent revenue model. This includes GLP rewards and protocol-owned liquidity. As a result, investors can expect a steady stream of profits.

Additionally, transparency of revenue sources and sample APR calculations increases investor confidence in the sustainable growth potential of the project. This transparency contributes to awareness of long-term viability.

Additionally, the GMD Protocol is an attractive option for investors seeking exposure to a cutting-edge financial ecosystem. There are solid foundational principles underpinning it and a clear roadmap for future development.

GMD accumulates 70% of the fees generated on the platform as utility and governance tokens through its treasury and reserves. This creates a sustainable ecosystem. Additionally, with a focus on continuous innovation and expansion, the GMD Protocol is committed to exploring additional repositories. We aim to implement a pseudo-delta-neutral strategy to optimize yield.

Additionally, with a current price of $22.74 and a 24-hour trading volume of $4,462.58, GMD presents an opportunity for investors. It provides exposure to innovative projects with real utility and growth potential in the cryptocurrency market.

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