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Crypto price action has been quite unpredictable over the past few days. With the wide fluctuations in BTC prices between pumps and dumps recently, investors are considering a more conservative approach to investing. The disturbing price movements are not just localized to BTC. Several altcoins have posted double-digit price moves up and down in the past 24 hours.
The Polygon Network is among the networks that today have a significant number of winners and losers. Today’s post analyzes market data for some of the top trending tokens on the Polygon chain over the past 24 hours. Tokens are prioritized as prices rise to restore their increasing traction.
The most trending cryptocurrencies on Polygon
And when it comes to traction, one of the fastest growing crypto presale projects is Mega Dice Token. Thanks to the casino sector, the DICE token presale offering has raised up to $1.6 million in funding, and this article covers the details of the token presale offering. It also shares information about the project and all that it has to offer the crypto community.
1. Wisdom (WSDM)
Earlier in the year, crypto-based AI projects dominated the market. Tokens like FET, AGIS, and many other cryptocurrencies in the category recorded significant price pumps that outperformed the market by wide margins.
However, with the current price correction, only a handful of AI projects have topped the list of acquirers. Wisedomise defies today’s trend by appearing on the list of top gainers on the multilateral chain. The project recorded a substantial price pump of over 50% in the last 24 hours, and at the time of writing, it is one of the most trending cryptocurrencies on the Polygon chain.
Wisdomise is an AI-powered trading and signal platform designed to give investors and traders better trading results. The platform offers several AI-based trading services to traders. Some of the ones described on its website include market scanners. Scanner allows users to get updates on viable crypto projects without going through the rigors of combing through an endless list of price data.
Is the crypto market recovering from the recent crash?
Here’s a chatbot insight:
“The crypto market shows signs of recovery, but significant volatility and the possibility of further declines remain, suggesting a cautious approach for investors.”
what do you think
Even if you… pic.twitter.com/W8A6MAhR6F
— Wisdomise AI (@wisdomise) August 6, 2024
Other tools reported by the project include Signaler, which is designed to offer investors updates on price data and trading opportunities. There are claims that the platform offers auto trading services to users. However, this post cannot verify the claims as the project is exclusively available to WSDM token holders.
At press time, WSDM has a market cap of $4.5 million, as reported by DEXTools. It is also reported to have more than 5.6k holders. Despite being a relatively new project, WSDM posted a trading volume of over $100k today, increasing the visibility it recorded today. As the week unfolds, investors can watch the evolving performance of the WSDM token.
2. Patriotic Pay (PPY)
Many investors believe that DeFi will be one of the sectors that will lead the next phase of the crypto bull run. The facts of these claims are becoming abundantly clear from the impressive price action of established DeFi projects like Aave and SNX and recent projects like PatriotPay.
PatriotPay is a rebranded FJB token with a new vision of providing payment solutions to consumers through blockchain technologies. After its rebrand, FJB tokens have migrated to PPY tokens with a 1:1 ratio.
Today, PPY posted a price of $0.0001255, gaining more than 40% from its price in the last 24 hours. Additionally, data from DEXTools shows that the new project has achieved a market cap of $5 million despite its recent rebranding.
However, PPY has a tough journey ahead when it comes to evaluation. With a total supply of 40 million tokens, it will take some time for holders to see a substantial pump in asset value unless the team and community work to promote the token.
Nevertheless, the visibility generated by its price improvement process and the token’s presence on the trending list could give it the fuel it needs to unlock the traction it needs for further upside. In the meantime, investors can add PPY token to their watchlist to track performance in the coming days.
3. GOON (GOON)
The Polygon Network is one of the most versatile Layer 2 platforms on the Ethereum chain. Therefore, it is easy to find projects from almost all sectors of the crypto market.
The Polygoons project aims to create a social layer for the polygonal Agglayer community. The purpose of the project website is to provide visibility to the Polygon network and all services offered by Polygon.
At press time, GOON has over 1685 holders, and Polygonscan reports over 46000 completed transactions, which is a good start for a project only a few days on the market. Despite the 1 billion token supply the project’s market cap is just as impressive, valued at $2.78 million.
Projecting the potential of the GOON token is quite difficult as the market data available regarding the project is relatively negligible. Nevertheless, GOON’s chart shows the potential for further upside, and the increasing number of holders stepping into the project also suggests that it may be able to sustain its rising value.
Moreover, the social networking space of the crypto market is still evolving. So, as the project achieves massive success, investors can further see its potential and tag along as it progresses. As such, GOON should be on investors as it maintains its status as one of the trending tokens on the multilateral chain.
What could be the next top trending crypto?
Casinos are one of the industries with the most natural bugs, and participants often jump over hurdles to participate in their favorite games. Interestingly, this is one of the fastest growing crypto sectors, with a handful of projects leading the race.
Thanks to the Telegram ecosystem, blockchain-based casino projects now find a readily available market for their products and services. It accounts for its rapid success Mega Dice Token.
The project launched a presale offering of DICE tokens, and within a few weeks of the presale, it had received approximately $1.6 million in presale funding. Apart from seeing impressive traction from investors, MegaDice also saw an increase in social engagement, especially among investors on its waiting list.
The Mega Dice brand is known for its success in the casino sector. Before entering the crypto ecosystem, Mega Dice has built a successful online casino business with thousands of monthly users.
Its foray into blockchain is an opportunity for crypto investors to be a part of the brand’s success. According to the Mega Dice website, the platform records more than $50 million in monthly wagers, giving it the liquidity it needs to propel the brand to greater success.
Currently, DICE is available for investors, and is valued at $0.105266. The window to take advantage of the ongoing pre-sale discount is gradually closing. The countdown shows that the next price hike is about 12 days away.
Also, the presale offer of Mega Dice Token Staking comes with opportunity, which allows investors to earn more dice tokens on the asset staked. Details of the stacking offer are available on the project’s pre-sale page, and more information is continuously posted on the project’s Twitter handle.
Check out the Mega Dice Presale.
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