Trending Cryptocurrency Tokens on Avalanche Chain Today – LODE Token, Dogwifhat, SHRAPToken

Blockchain
0

Join Our Telegram channel to stay up to date on breaking news coverage

Following Worldcoin’s ID launch in Poland, WLD experienced an immediate price surge, with the token rallying nearly 10% on Wednesday. Meanwhile, since incorporating Bitcoin into its financial strategy in April 2024, Japanese company Metaplanet has witnessed a remarkable stock increase of 443.2%, significantly outperforming other major assets. 

This sharp rise is primarily attributed to the company’s bold decision to adopt the cryptocurrency standard, which has notably boosted investor confidence and driven demand. Additionally, Cardano’s native token, ADA, is projected to rally to $0.50, according to a crypto analyst, further fueling market optimism. Meanwhile, tokens within specific blockchains have also witnessed rallies. This article curates the trending cryptocurrency tokens on Avalanche Chain today.

Trending Cryptocurrency Tokens on Avalanche Chain Today

LODE Tokens are crucial in supporting the LODE Project’s technical and business operations. Meanwhile, Dogwifhat is anticipated to trade between $1.70 and $2.05 this week. Additionally, Shrapnel offers a unique fusion of gaming and blockchain technology, positioning itself as a first-person extraction shooter set in a post-apocalyptic environment. 

Meanwhile, the Mega Dice presale is rapidly gaining momentum, with over $1.87 million raised so far. As investors react to the long-awaited interest rate cut, Bitcoin has surged to $63,000 in the cryptocurrency market.

1. LODE Token (LODE)

LODE Tokens support the LODE Project’s technical and business activities. Holders of these tokens are entitled to a share of the yield generated within the LODE Token Ecosystem and a portion of any profits distributed by the project. It is important to note that these tokens are unbacked assets, meaning they do not confer ownership over LODE’s operations.

Currently, LODE Token holders benefit from 10% of the premium earned on selling new AGX and AUX Coins. This premium is 10% of the difference between the sale and spot prices. The tokens accumulate yield from liquidity pools, adding to their value.

Currently, the LODE Token has a live price of $1.818 with a market capitalization of $139.99 million. The 24-hour trading volume is $1.34 thousand, showing a 26.14% increase in the past day. Moreover, the circulating supply is capped at 77 million LODE tokens.

In summary, the LODE Token ecosystem presents a structured opportunity for holders to participate in the LODE Project’s financial outcomes. However, it does not provide direct ownership. Recent performance metrics suggest growing interest in the token, reflected in its trading activity and market position.

2. Dogwifhat ($WIF)

Dogwifhat ($WIF) is a popular meme coin inspired by a cute dog wearing a hat. It is consolidating within a falling wedge pattern on the daily time frame, suggesting the potential for a breakout. Bulls aim for a strong move from the Point of Control (PoC) value zone, with an anticipated 175% increase. Rising trading volume indicates growing momentum behind the coin.

Dogwifhat ($WIF) is a relatively small token with a current price of $0.0000521 and a market capitalization of $32.76K. The total supply is 625.80 million $WIF tokens, all in circulation. This means there is no inflationary risk from additional token issuance.

$WIF Price Chart

The liquidity for $WIF is modest, at $7.36K. Out of the total supply, 70.36 million $WIF tokens are pooled, representing 11.24%. The token is paired with WAVAX, with 134.18 WAVAX pooled alongside it.

In terms of trading activity, $WIF saw a 72.49% increase in 24-hour trading volume, reaching $1.25K. The token’s volatility is noted at 0.1709, which suggests moderate price fluctuations.

The project has 245 holders and has recorded 7,110 transactions on the network. While $WIF is a low-cap token, its steady liquidity and trading volume may offer opportunities for traders and investors. However, its volatility and smaller market size pose certain risks.

3. SHRAPToken (SHRAP)

Shrapnel presents a unique blend of gaming and blockchain technology, positioning itself as a first-person extraction shooter set in a post-apocalyptic world. Players take on the role of MEF (Mercenary Extraction Force) Operators, tasked with collecting valuable meteorite substances while surviving intense military combat scenarios. The game is competitive, with a progression system designed to offer long-term goals and rewards for character development.

The SHRAP token plays a key role in the token economy. As of September 19, 2024, SHRAP’s live price is $0.0256, with a market cap of $6.18 million and a 24-hour trading volume of $6.32K. The circulating supply stands at 240.90 million tokens out of 3 billion. The token has seen a significant price increase of 33.8% over the past 24 hours, reflecting strong market activity.

SHRAP Price Chart

Meanwhile, forecasts suggest that the price of SHRAP could rise substantially. Projections indicate a potential 225.24% increase, with the token expected to reach $0.08407 by October 19, 2024. In the short term, the price is predicted to move from $0.025848 to $0.03115 over the next week, with a possible 20.51% increase by September 23, 2024.

For the following week, the forecast predicts a price range of $0.03115 to $0.037714, with an estimated 21.07% rise by the end of September 2024, should the upper target be met. The overall market sentiment appears neutral, although 14 technical indicators show bullish signals, suggesting potential upward momentum for the token.

Shrapnel’s engaging gameplay and growing token ecosystem make it an intriguing proposition in gaming and blockchain spaces. However, its future performance, particularly in token value, will depend on various factors, including market conditions and player engagement.

What Might Be The Next Top Trending Crypto?

The Mega Dice (DICE) presale is quickly gaining traction, nearing the $2 million milestone with over $1.87 million already raised. A recent $20,000 contribution from a whale investor has accelerated this growth. At its current price of $0.116056, many expect an imminent increase, with some predicting that Mega Dice could follow in the footsteps of successful GambleFi tokens like Rollbit.

Mega Dice’s solid standing in the crypto gambling industry fuels this excitement. The platform runs on the Solana blockchain and already serves 10,000 active users. With a monthly betting volume of $50 million, it has positioned itself ahead of many competitors. What sets this event apart is that Mega Dice still holds a presale despite being an established platform.

Moreover, Mega Dice offers attractive staking options, with over 7.1 million tokens already staked and an annual yield (APY) of 293.4%. In addition, 28% of the token supply remains locked. The platform also engages users through several initiatives. For instance, it has a “Refer & Earn” program, where participants earn a percentage from their referrals’ spending. Additionally, Mega Dice has launched a $2.25 million airdrop campaign spread across three phases. DICE holders can benefit from staking rewards tied directly to the casino’s revenue.

Besides, the platform provides exclusive NFTs for VIP players and offers a generous 25% referral commission to deepen user involvement. Mega Dice also stands out for its easy access via Telegram, where users can link their TON wallet through a bot. With the presale extended by a week to September 29, more investors can enter the project, adding to its growing momentum.

Visit Mega Dice Presale

Read More

Most Searched Crypto Launch – Pepe Unchained

Pepe UnchainedPepe Unchained
  • Layer 2 Meme Coin Ecosystem
  • Featured in Cointelegraph
  • SolidProof & Coinsult Audited
  • Staking Rewards – pepeunchained.com
  • $10+ Million Raised at ICO – Ends Soon

Pepe UnchainedPepe Unchained


Join Our Telegram channel to stay up to date on breaking news coverage


Credit: Source link

You might also like More from author
Leave A Reply

Your email address will not be published.