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Bitcoin and Ether tumbled as much as 5% on Wednesday, on expectations of a possible U.S. economic slowdown and upcoming data that could affect the Federal Reserve’s interest rate choices. However, some tokens, including Monero (XMR), have seen significant gains in the recent intraday session. This rise in prices is attributed to a recent series of bullish trends.

Meanwhile, tokens within specific blockchains have also seen rallies. This article corrects that. Cryptocurrency tokens are trending on Avalanche Chain today..

Today’s Trending Cryptocurrency Tokens on Avalanche Chain

BloodLoop is a 5v5 hero shooter that combines popular third-person shooter mechanics with unique game modes. Husky Token is a community-led initiative that supports trading, NFT aggregation and other projects. LODE provides a digital ecosystem to transform the financial system by combining precious metals like gold and silver with blockchain technology. Meme Games is a cryptocurrency project linked to the 2024 Paris Olympics, standing as the only meme coin with an Olympic theme. Bitcoin The overnight selloff has bounced back, briefly below $56,000.

1. BloodLoop Shard (BLS)

BloodLoop is a 5v5 hero shooter that blends familiar third-person shooter mechanics with unique game modes. The game focuses on faction-based combat, where players control heroes with different abilities, offering a range of playstyles and strategies. Gameplay is designed to be accessible, balancing innovation with a traditional shooter experience.

Developed by industry veterans from companies like Crytek, CI Games, and Ubisoft, BloodLoop stands out with its web3 integration powered by a proprietary SDK. It ensures seamless blockchain elements, such as gas fee-free transactions within its subnet, without disrupting the user experience.

BLS price chart

A key feature of BloodLoop’s economy is the use of $BLS, the local token. It serves a variety of purposes, including in-game crafting, asset trading, character upgrades, and tournament participation. $BLS also serves as the gas token for the Bloodloop subnet, which anchors the game’s economic ecosystem. NFTs are used as in-game skins, adding another layer to the economy.

Currently, $BLS has a market cap of $12.99M and a circulating supply of 23.25 Million tokens out of 350 Million. Liquidity is $7.78K, and 24-hour volume is $666.03, indicating moderate market activity. The token’s volatility is 0.0855, and its circulating supply is 6.64%.

In summary, BloodLoop offers a perfect blend of gameplay innovation and Web 3 integration, providing players with a seamless, immersive experience. While its economic model is still evolving, its structure demonstrates the potential for sustainability and player engagement.

2. Husky (husky)

Husky Token is a community-driven project built on the Avalanche blockchain. It was launched stealthily on May 12, 2021, with locked liquidity and a fixed supply. The design does not include team distribution and minting functions, which ensure decentralization. Husky is the core of the project, which supports trading, NFT aggregation, and other initiatives.

Shortly after launch, the Husky.space website went live on May 22, 2021. Three days later, on May 25, Husky sold its first merchandise. This included an Avalanche and Husky-branded hoodie and a special NFT collector’s edition shipped worldwide.

In June and July 2021, Husky introduced several liquidity incentives. ELK Finance, Olive.cash, and TraderJoe have launched farming opportunities for Husky-AVAX liquidity providers. These incentives helped increase token liquidity and increased user participation.

HUSKY price chart

By August 2021, Husky expanded further. The project released a bridge to Binance Smart Chain (BSC) and listed the token on platforms such as Nomics, CoinGecko, and CoinMarketCap. At the same time, Husky launched his second line of merchandise, the red Avax collector cap.

September 2021 brought significant changes to the plan. Husky rebranded and relaunched its website, adding more features and community-focused content. Additionally, Husky introduced its first NFT collection, created by artist L$30. This helped the project diversify the NFT space.

Financially, Husky has a market cap of $2.97 million, and a liquidity of $74.27K. The circulating supply stands at 87.61 trillion tokens, held by over 10,000 people. The token price has seen a moderate increase, although its volatility is low.

Overall, the Huskies have made steady progress. The project has built a solid foundation with liquidity partnerships, commodities, and NFTs. Although still small within the Avalanche ecosystem, its community-focused approach and steady growth indicate further growth potential.

3. LODE Token (LODE)

LODE offers a digital ecosystem to reshape the financial system by integrating precious metals like gold and silver with blockchain technology. The platform provides three main assets: LODE Tokens, AGX Coins, and AUX Coins, each offering a specific function.

LODE Tokens support LODE’s operations and reward holders with a proportional share of profits, including a 10% premium on the sale of AGX and AUX Coins. These tokens do not provide ownership rights but offer returns from both liquidity pools and any production generated by the platform.

LODE price chart

AGX coins are backed by physical silver, with each coin representing one gram of investment-grade silver stored securely in a vault. Similarly, AUX coins represent digital gold, where each coin-vault corresponds to one milligram of pure gold. Both coins are fully backed and redeemable for their respective precious metals.

The platform promotes accessibility and affordability, featuring low fees and ease of use. Stability is an important feature, as the coin is backed by tangible assets, which provide protection against inflation. Security is ensured through blockchain technology, and users benefit from transparency in transactions.

The LODE ecosystem covers the entire value chain, from mining and refining metals to tokenizing them for use on blockchain networks such as AVAX, Binance Smartchain, and Syscoin. The system also includes inventory management, proof of reserve, and payment tools such as LODE Wallet and LODE Card, making it a comprehensive solution for digital transactions.

With more than 15,700 active members in 171 countries, the platform is growing, although it is still early in its development. It aims to connect traditional precious metals with modern digital finance.

What could be the next top trending crypto?

Meme Games is a cryptocurrency initiative associated with the 2024 Paris Olympics. It distinguishes itself as the only meme coin with an Olympic theme. Combining popular meme characters with a gamified reward system, the project has attracted the attention of crypto investors. It has raised more than $421,000 in its presale phase, with a goal of $1 million.

The token supply is limited to 2.024 billion, with 38% allocated to the pre-sale, 9.3% allocated to in-game rewards, 10% to staking, and 15% to marketing. The remaining 20% ​​is split between liquidity and project funds. The purpose of this distribution is to support long-term growth and encourage holders to retain their tokens.

A unique aspect of the project is its equal odds system, where every meme character has an equal chance of winning. If an investor’s chosen character wins, they receive a 25% bonus on their MGMES holdings. Investors can also buy tokens multiple times and choose different characters to increase their chances of winning rewards.

The project offers stacking options with a current annualized return of 459% and has a current price of $0.0094. However, this rate may vary depending on how many participants have staked their tokens. This staking feature allows investors to accumulate tokens before they are listed on exchanges after the MGMES pre-sale.

The pre-sale, which ends on September 8, 2024, coincides with the final day of the Paralympics. After that, the token is scheduled to launch on September 10, 2024 on decentralized exchanges.

Visit The Meme Games Presale.

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