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The market is relatively quiet today as investors are turning to altcoins for potential opportunities. Despite the XRP-led crypto pump over the past 24 hours, ETH remains unmoved in its consolidation trend. However, BTC made a quick recovery from the $54k dump back to $57.
On the other hand, Avalanche maintains its status as one of the fastest smart chains, but the AVAX token price fails to reflect its utility. Nonetheless, tokens within the network are making up for Avax’s poor performance, and this post provides an analysis. Top trending cryptocurrencies Within the network
Top Trending Cryptocurrencies on AVAlanche
Additionally, crypto opportunities abound in the crypto presale category. This post also includes an overview of the Mega Dice presale. It gives investors an insight into the potential of the project and how to participate in the token pre-sale.
1. Land Wolf (Wolf)
Landwolf is one of the most trending crypto tokens on the Avalanche chain today. The project takes on the popular character, also known as the Landwolf.
There is speculation in the crypto community that the Landwolf is the mascot of the Avalanche network. However, there is no evidence to substantiate the claims. In general, Landwolf is one of the fastest growing crypto tokens in the memecoin category, competing with assets like BRETT, COQINU, and PEPE.
The crypto market saw a significant price improvement today, and Landwolf’s price also increased significantly in the last 24 hours. In addition to being one of the most trending cryptocurrencies on Avalanche, WOLF is one of the biggest gainers with a price increase of over 25%.
So tall, so handsome and so talented. This #Olympics2024 Games are an easy target for top alpha predators such as $ WOLF. #Basketball Pretty easy, time to move on to another game$AVAX #Landolph pic.twitter.com/KV4Z2RyQJY
— Land Wolf 🔺 (@LANDWOLFONAVAX) August 5, 2024
It boasts volume growth of nearly 10% and a market cap of over $4 million. According to Snowscan data, WOLF has 11,592 holders at the time of writing. Likewise, its circulating supply is reportedly 690 billion tokens.
While a large enough supply may affect the token’s potential in the long run, its growing number of investors provides the support it needs to grow substantially over time.
In the meantime, WOLF is recording progressive growth as crypto token prices improve.
2. BENQI (QI)
BENQI is one of Avalanche’s most popular utility-based projects. It provides a non-custodial liquidity market and liquid staking protocol to DeFi users worldwide. The project taps into Avalanche’s high-speed smart contract network. This platform mainly offers lending, borrowing and other important DeFi functions.
Today, BENQI Avalanche is one of the top trending cryptocurrencies on China as it makes a comeback from a long downtrend. The token posted more than 50% gains today, bringing it back to its value earlier in the month.
If the QI maintains its current uptrend, chances are it will reclaim the $0.12 level, perhaps heading towards a high for the month. At the moment, QI faces resistance at $0.12, which means investors should observe the token’s performance before making important decisions.
Do more with a BENQI partner. @MonroeProtocol!@JMY0x Recently discussed the creation and transition of Monroe. @avax.🎙️ https://t.co/YK8FsShrFy pic.twitter.com/hDeJb1qBcw
— BENQI🔺 (@BenqiFinance) August 6, 2024
On the other hand, QI’s market data shows that the project has the potential to attract investor participation. Information from DEXTools shows that QI has a market cap of about $57.68. Similarly, its trading volume increased by 48% today, bringing its total volume to $2.8 million.
Additionally, data collected from the project’s website shows that users have borrowed more than $91 million from the platform, and its total supply is more than $249 million. The liquidity on the platform gives investors a level of confidence in the sustainability of the project. Investors looking into the DeFi sector should keep QI Token on their watchlist, especially as it makes its way towards a price recovery.
3. COQINU (COQ)
COQINU has achieved great success in recent times. The price of COQ has risen by nearly 100% recently, putting the popular meme coin crypto on investors’ watchlists.
Today, COQ is one of the most trending crypto tokens on the Avalanche chain after posting gains of over 30%. The token’s price increase appears to capitalize on the recent BTC pump, which is evident in its chart. The token has broken its immediate resistance, which gives it a more rapid setup. Hence, the COQ may see further upward push in the coming days.
Furthermore, data from DEXTools shows that COQ’s market cap has exceeded $94 million, positioning it as one of the meme coin cryptos to watch. It has a trading volume of over $50 million at press time, and a liquidity rating of over $2 million on DEXTool.
COQ market data further suggests that the token has the opportunity to push the limits upwards. Apparently, investors looking at the memecoin sector will identify the token’s potential and seek to participate. Nevertheless, uncertainty in the market can affect price trends. Also, it is better to keep COQ on watch list until the current price narrative is fully developed.
What could be the next top trending crypto?
MegaDice maintains its investor appeal as the project offers investors an opportunity to have an exceptional casino experience in a blockchain environment. Interestingly, it is keeping its promises.
as usually, Mega Dice Crypto is an established brand in the casino space with many years of betting services under its belt. Many observers have called the platform one of the fastest growing platforms in the space.
It boasts of thousands of users from different countries and millions of monthly revenue. With such talent and experience behind the MegaDice project, it is easy to see the potential for investors to deliver on their commitments.
Moreover, the project has already started honoring its promises to investors. Recently, the staking plan was introduced, allowing token holders to earn a profit on their assets. With this, holders will not have to wait until the DICE token is fully launched before reaping the benefits of the opportunity.
Another added value that MegaDice promises its holders is the opportunity to participate in a $2.5 million airdrop offering. Participation is open to all investors. However, early investors will likely get priority plays on the list.
Get ready to compete with us #Paris 2024 Olympics tournament with cash prizes up to USDT 30,000, including USDT 10,000 for the top spot! 💰
The tournament runs from 26 July 14:00 to 11 August 23:59 UTC. 📅
How to enter:
1. Click on “Join Tournament”. 📲
2. Keep real money… pic.twitter.com/CD4XggBKTG— Mega Dice Casino (@megadice) July 26, 2024
The project launched its pre-sale program a few weeks ago, and the opportunity to purchase The dice Still available at a discount. Investors who plan to participate have only 10 days to take advantage of the current discount phase.
At the end of the grace period, prices are bound to rise. Details of the DICE token pre-offering and an outline of how investors can participate are available on the project’s website.
Check out the Mega Dice Presale.
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