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Liquidation news is once again making headlines in the crypto market as crypto assets have recorded fresh price declines over the weekend. Many major crypto tokens including BTC, ETH, and SOL have not been spared in the current phase of bear pressure.

Additionally, the prices of several altcoins fell by around 30% in the last 24 hours. Amid bearish sentiment in the market, a handful of tokens on the basechain posted positive price action today, and this post offers a quick analysis of their price action.

Now the most trending cryptocurrency on basechain

At the same time, the article covers the 99 Bitcoins Token Pre-Offering. The plan concludes the pre-sale program that started on August 6. Therefore, this article provides a quick summary of the project’s value proposition and pre-sale program.

1. Cardano On Base (ADAB)

Developers in the core ecosystem, like Solana, are often adventurous, looking to innovate in the crypto market. A recent trend within the network is the duplication of existing crypto projects on the base chain.

One of the recent projects trending today is Cardano on Base. The Cardano chain network that owns the ADA token is one of the largest blockchain projects globally.

However, the basic version of the project has a relatively low presence. Nevertheless, ADAB is gradually gaining traction, and DEXTools reports a circulating supply of 750 million tokens with 15,600 holders at press time.

ADAB price chart

Due to its relatively new status, market data available regarding the project is quite limited. Therefore, it is difficult to accurately estimate the market value of the project.

However, a look at its charts shows that the overall price trend is down, which means it is struggling to sustain the buying pressure it received earlier. On the other hand, the DEXTools ranking shows that the project is one of the top trending tokens on the base today, which suggests that investors are paying attention to the project again.

Ultimately, the team can find new ways to attract new buyers and bring the price back up. Investors who are excited about Basechain can keep the token on their watchlist to see how price and market data develop in the coming weeks.

2. Litecoin On Base (LTCB)

Another project on the base chain that is replicating existing crypto projects within the base ecosystem is the LTCB token. This project is rebuilding the popular BTC fork, Litecoin, within the base network.

LTCB reportedly has 6,600 holders, according to DEXTools, and has completed more than 45,000 transactions, as seen on Basescan. The project’s total token supply is said to be 84 million, which is equal to its circulating supply.

Despite the growing popularity of the Base chain, Litecoin on Base appears to be underperforming on several metrics. The project seems to have a faceless team as its social media platforms are sparsely populated with fresh content, and other important metrics that could boost investor confidence are missing from its online platforms. are

LTCB price chart

However, DEXTools reports LTCB as one of the trending cryptocurrencies on the basechain today, which means it is one of the tokens to watch. A look at the token chart shows bullish candles with significant volatility. This suggests that buyers for LTCB tokens are increasingly coming into the market. The token also posted a double-digit percentage gain in price today, cementing the argument that it can stop its current dump and go on an uptrend in the coming days.

Nevertheless, the LTCB may need to do more after the green candles and beyond price hikes if it hopes to sustain the current price action. More branding and better marketing may be needed to increase investor confidence in the project.

3. PoE

Po is a memecoin project built on the base chain. According to the project’s website, it is a community-driven decentralized project that aims to become one of the most important meme cryptos on the market.

Today’s market data reflects the project’s bold mission and ambition. DEXTools reported a more than 50% increase in POE price in the last 24 hours, which is against the bearish sentiment in the crypto market. With investors looking for assets to hedge their gains, it’s clear why funds are pouring into upcoming projects like POE.

POΞ price chartPOΞ price chart

A base scan shows that POE has 61195 holders and a circulating supply of 1 billion tokens. Also, according to Basescan, POE has completed more than 95,608 transactions since its inception. Although the number of project holders is quite high, the number of transactions seems to be unrelated to the number of holders. The reported value may be questionable with further research.

Ultimately, Poe’s chart is showing signs of a possible recovery as more green candles appear amid an overall bearish trend. A change in trend sentiment can signal potential strength for the token, and investors can add POE to their watchlist to see how its trend unfolds in the coming weeks.

What could be the next top trending crypto?

99 Bitcoins This could be a move that will take the world to the next stage of evolution in the education sector. With its innovative approach to learning, the world is about to witness a new level of disruption in education.

This project is launching an initiative to earn to learn. The concept aims to reward learners for participating in knowledge acquisition. Specifically, it equips crypto investors and traders with industry knowledge and effective trading strategies.

Along with educational resources, the 99Bitcoins project also offers continuous signals to traders. However, access to trading signals is only provided to 99BTC token holders.

At the time of writing, investors await the opportunity to claim their purchased tokens. However, the claim will start on August 8. Similarly, the team recently announced an August 6 deadline for the 99BTC token presale offer.

Along with the announcement of the closing date, 99BTC The team also announced that token holders can now stake their tokens for an APY of 672%. The opportunity to invest tokens for further gains offers exciting opportunities to early investors. The details of the staking offer and other important information can be found on the pre-sale website of the project.

Visit the 99Bitcoins Presale.

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