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The market is relatively calm today as investors look to altcoins for potential opportunities. Despite the crypto pump led by XRP over the past 24 hours, ETH has not moved from its consolidation trend. However, BTC has recovered quickly from its $54,000 crash to $57.
On the other hand, Avalanche maintains its status as one of the fastest smart chains, but the price of the AVAX token does not reflect its utility. Nevertheless, tokens within the network are making up for Avax’s poor performance, and this post provides an analysis of: Top Trending Cryptocurrencies Within the network.
The most popular cryptocurrencies on AVAlanche
Moreover, the crypto presale category is rich in crypto opportunities. This post also includes an overview of the Mega Dice presale. It provides investors with insight into the potential of the project and how to participate in the token presale.
1. Land Wolf (WOLF)
Landwolf is one of the most popular crypto tokens on the Avalanche chain today. The project adopts a popular character also known as Landwolf.
There is speculation in the crypto community that Landwolf is the mascot of the Avalanche network. However, there is no evidence to support the claim. In general, Landwolf is one of the fastest growing crypto tokens in the memecoin category, competing with assets such as BRETT, COQINU, PEPE, etc.
Today, the cryptocurrency market has seen significant price improvements, and the price of Landwolf has also increased significantly over the past 24 hours. In addition to being one of the most popular cryptocurrencies on Avalanche, WOLF is also one of the top gainers, with a price increase of over 25%.
He’s so tall, handsome, and skilled. #Olympics2024 Games make them easy targets for top predators, such as alpha predators. Wolf. #basketball It’s too easy, it’s time to move on to another sport$Abox #Landwolf pic.twitter.com/KV4Z2RyQJY
— Landwolf 🔺 (@LANDWOLFONAVAX) August 5, 2024
The volume has increased by about 10% and the market cap is over $4 million. According to Snowscan data, WOLF has over 11,592 holders at the time of writing. Likewise, the circulating supply is said to be fixed at 690 billion tokens.
While a fairly large supply could impact the token’s potential in the long term, it will have the support needed to scale significantly over time as the number of investors increases.
Meanwhile, WOLF is seeing gradual growth as cryptocurrency token prices improve.
2. Bench (QI)
BENQI is one of Avalanche’s most popular utility-based projects. It provides non-custodial liquidity markets and liquid staking protocols to DeFi users around the world. The project leverages Avalanche’s high-speed smart contract network. The platform primarily provides lending, borrowing, and other key DeFi functions.
Today, BENQI is one of the most popular cryptocurrencies on the Avalanche chain, breaking out of a long downtrend. The token has gained over 50% today, returning to its price at the beginning of the month.
If QI maintains its current uptrend, it is likely to recover the $0.12 level and perhaps head towards the high of this month. Currently, QI is fighting the resistance of $0.12, which means investors should watch the token’s performance before making any major decisions.
Do more with BENQI partners @monroe protocol!@JMY0x We recently discussed Monroe’s formation and relocation. @Abas.🎙️ https://t.co/YK8FsShrFy pic.twitter.com/hDeJb1qBcw
— BENQI🔺 (@BenqiFinance) August 6, 2024
On the other hand, QI’s market data suggests that the project has the potential to attract investor participation. According to DEXTools, QI’s market cap is around $57.68. Likewise, today’s trading volume has increased by 48%, bringing the total trading volume to $2.8 million.
Additionally, according to data collected from the project website, users have lent over $91 million on the platform, with a total supply of over $249 million. The liquidity of the platform gives investors confidence in the sustainability of the project. Investors who are watching the DeFi sector should keep the QI token on their watchlist, especially as it is moving towards a price recovery.
3. Coquine (COQ)
COQINU has seen impressive gains recently. The price of COQ has surged by almost 100% recently, putting the popular meme coin cryptocurrency on investors’ watchlists.
Today, COQ is considered one of the most trending crypto tokens on the Avalanche chain after recording a gain of over 30%. The token price rally seems to have taken advantage of the recent BTC pump, which is clearly visible on the chart. The token broke through immediate resistance, providing a more bullish setup. Therefore, COQ can push for further upside in the future.
Also, according to DEXTools data, COQ’s market cap has surpassed $94 million, making it one of the meme coin cryptocurrencies to watch. At the time of writing, the trading volume has surpassed $50 million, and the liquidity rating on DEXTool has also surpassed $2 million.
COQ market data further suggests that the token has the opportunity to expand its boundaries upwards. Clearly, investors looking at the Mimecoin sector will see the potential of the token and seek to participate. Nevertheless, market uncertainty can affect the price trend. Therefore, it is best to keep COQ on the watchlist until the current price narrative is fully developed.
What will be the next top trending cryptocurrency?
Mega Dice has maintained its appeal to investors by promising them the opportunity to have a great casino experience in a blockchain environment. Interestingly, it has kept its promise.
Generally, Mega Dice is an established brand in the cryptocurrency casino industry with many years of betting service. Many reviewers have rated the platform as one of the fastest growing platforms in the industry.
With thousands of users from different countries and millions of dollars in monthly revenue, it is easy to see that the Mega Dice project has the potential to deliver on its promises to investors.
Moreover, the project has already started to keep its promises to investors. Recently, a staking plan was introduced, giving token holders the opportunity to earn returns on their assets. This allows holders to benefit from the opportunity without having to wait for the full launch of the DICE token.
Another added value that Mega Dice promises to its holders is the opportunity to participate in the $2.5 million airdrop offer. The opportunity to participate is open to all investors, but early investors are more likely to get the sport first on the list.
Prepare for our competition #fly The 2024 Olympic Tournament with cash prizes of up to $30,000, with the top prize going to $10,000! 💰
The tournament will run from 14:00 on July 26th to 23:59 UTC on August 11th. 📅
How to participate:
1. Click “Join Tournament” 📲
2. Invest real money… pic.twitter.com/CD4XggBKTG— Mega Dice Casino (@megadice) July 26, 2024
The project started a pre-sale program a few weeks ago and there are opportunities to purchase. dice The discounted price is still available. Investors who want to participate have only 10 days to take advantage of the current discount phase.
Once the grace period ends, the price is bound to rise. Details of the pre-sale offer for DICE tokens and highlights of how investors can participate can be found on the project website.
Visit Mega Dice Pre-Sale
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