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The top trending coins on DEXTools show that the market is actively seeking to build momentum as external factors largely dictate it. New projects and established tokens have recorded significant gains and high scores on the chart. This suggests that investors are showing a strong interest in these new assets.
The assets mentioned are sold at exceptionally affordable prices, making it feasible for investors to accumulate substantial quantities. Ultimately, the purchasing power of investors will determine the types of assets they acquire and the amounts they amass. The critical factors that will ultimately matter are the longevity and return potential of these assets for investors who are out for the top trending cryptocurrencies.
Investors in the money and stock markets have been eagerly waiting for a significant development. The moment, however, has finally come into view. Major central banks are signaling their approach toward concluding a series of interest rate hikes.
Most Trending Crypto Today – Top List
The coming week will show more indicators of how far policymakers in larger economies have progressed in this regard. Meanwhile, in emerging markets, India is poised to make a substantial entry into the bond market, and numerous central banks are grappling with significant inflation dilemmas.
1. Calcium (CAL)
Recent events are showing that traders have decided to ignore calls advising them to stay away from the CAL token developed by Shiba Inu. Instead, the token capitalizes on the SHIB wave, and it has achieved a market capitalization of $6.99 million. The sudden success story has drawn traders who seek to profit from the CAL token despite warnings to the contrary.
The Shiba Inu team is finding it difficult to dissuade traders from buying CAL, as these traders seem uninterested in the notion that a token deployed during a testing phase may not be a good investment. CAL has become an option for traders seeking to make quick gains and is actively traded on many decentralized exchanges.
Recent activity shows that the CAL token has strong support from traders even though it is a dummy token in the real sense, and it has no real liquidity. Kaal Dhairya, a Shiba Inu developer, emphasized via a blog post on September 16, 2023, that CAL was not designed to be traded. He went ahead to warn against anyone selling CAL and tagged them as legitimate. He stated that CAL was created for a specific purpose, namely to mint and renounce BONE, and should not be traded as it would hold no value or meaning in the future.
Despite this clear warning, some traders chose to disregard it and continued to trade CAL, focusing on the narrative surrounding the dummy token. A pseudonymous trader named “bagofbread” posted on Twitter and discussed the CAL token. In his post shared on September 22, 2023, he highlighted that the Calcium community had the support of Shiba Inu token deployers. According to “bagofbread,” CAL represented hope for those who had been disappointed by Shiba Inu’s handling of SHIB since the departure of Ryoshi. He viewed CAL as a second chance and a genuinely decentralized token with a real SHIB provenance.
CAL is currently trading at 0.0399, with a 24-hour trading volume of $11.3 million, according to DEXTools. It has seen a 67.83% increase in the last 24 hours, indicating significant trading activity despite its initial designation as a non-tradable token. Despite the circumstances, CAL has become a top trending cryptocurrency.
2. Radiant (RDNT)
Radiant (RDNT) currently sells at $0.209098, with a 24-hour trading volume of $4,606,713.13. In the last 24 hours, the RDNT token price rose by 0.30%, although it has experienced a 5.09% decline over the past week. The token has a circulating supply of 310 million RDNT, which places its market capitalization at $65,525,755.
The Pyth Network has launched its RDNT/USD price feed$RDNT is @RDNTCapital native utility token and operates the Radiant DAO
The Pyth RDNT/USD price feed is now available on more than 30 blockchains pic.twitter.com/JJBpjcnxda
— Pyth Network 🔮 (@PythNetwork) September 22, 2023
Radiant is a project designed to address the fragmentation of capital in the decentralized finance space. In the decentralized finance system, many money markets exist on different chains, each with its liquidity pool. Radiant aims to create an omnichain money market where users can deposit major assets from various chains and borrow supported assets across multiple chains, eliminating the need for isolated liquidity pools. The project leverages LayerZero messaging and Stargate’s stable router interface for cross-chain interoperability, allowing lenders to access collateral on different chains.
Radiant’s value proposition includes the consolidation of fragmented liquidity and improving the overall DeFi ecosystem by providing a seamless experience for users. Additionally, it implements a Dynamic Liquidity Provider mechanism to control emissions and incentivize dLP providers, enhancing sustainability.
Key highlights of the project include its omnichain money market, positioning it as part of DeFi 3.0, and support for over 20 collateral options as it expands to additional chains. RDNT tokens can be traded on various centralized exchanges, with Bitget, Binance, and Gate.io being popular choices. The token’s daily trading volume is currently $4,601,594, reflecting a recent decrease in market activity.
Radiant Capital’s all-time high price was $0.585268, recorded on September 16, 2022, while its all-time low was $0.01116600, noted on October 20, 2022. Its market cap is $65,525,755, and the fully diluted valuation is $209,060,067, based on a maximum token supply of 1 billion RDNT tokens. In the past 7 days, RDNT has underperformed the global cryptocurrency market with a -5.20% price decline, compared to a -2.40% decline in the overall market and a 0.00% change in similar BNB Chain Ecosystem cryptocurrencies. Community sentiment is bullish, with over 100% of users feeling positive about Radiant Capital (RDNT) today as they acknowledge it as the most trending cryptocurrency.
3. StargateToken (STG)
Crypto enthusiasts are praising Stargate Finance (STG) as the next trending cryptocurrency for elevating the cross-chain bridge to its recent heights. This platform enables seamless asset transfers between a wide array of Layer 1 and Layer 2 networks, facilitating transactions across Ethereum, Arbitrum, BNB Chain, Optimism, Fantom, and more. As the demand for cross-chain transactions continues to surge in the market, the appeal and relevance of this protocol are also on the rise.
Investing in these projects is likely to yield substantial profits for participants in the cryptocurrency market. These investments have the potential not only for short-term gains but also for long-term growth. However, despite the promising outlook, investors should conduct thorough research before allocating their funds. Making well-informed investments at the opportune moment allows traders to maintain a competitive edge. These carefully selected DeFi assets are poised to fortify and enhance their investment portfolios.
Looking to provide liquidity on Stargate but unsure which pools to choose?@Mozaic_Fi's Hercules Vault leverages AI, LayerZero messaging and bridging through Stargate to ensure you're always getting the most attractive return for your LP.
Check our their information below 👇 https://t.co/lcCwy5mcdA
— Stargate (@StargateFinance) September 19, 2023
What Might Be The Next Top Trending Crypto?
Launchpad XYZ (LPX) is a comprehensive Web3 platform with a mission to empower traders, regardless of their experience level, by providing essential tools for informed trading decisions. LPX offers extensive data on various utility tokens, including liquidity metrics, analyst insights, personalized indicators, and potential arbitrage opportunities.
The platform simplifies trading and consolidates multiple applications into a user-friendly interface, leveraging Web3 advantages like revenue-sharing models, asset fractionalization, and self-custody to equip traders in the cryptocurrency space.
🔎 Did you know?
90% of traders who quit say they didn't have the right tools
Don’t let this be you! 🚀#LaunchpaKnows #Web3 #Trading
— Launchpad.xyz (@launchpadlpx) September 25, 2023
One notable feature of Launchpad XYZ is real-time updates on potential Web3 investments, allowing investors to discover new projects before they become widely accessible. A select group of private investors can opt to receive exclusive alerts about cryptocurrency presales.
Staking a minimum of 10,000 LPX tokens every month on Launchpad XYZ unlocks benefits like reduced fees, early entry to play-to-earn games, and community badges.
LPX token holders gain exclusive access to new NFT releases identified by Launchpad XYZ as potential contenders for significant profit potential, similar to the success of projects like the Bored Ape Yacht Club.
Furthermore, Launchpad XYZ is actively working on establishing a decentralized exchange that supports various asset pairs, including specific perpetual contracts, enabling traders to leverage and engage in short sales. LPX token holders will enjoy reduced trading fees on this exchange, enhancing the utility of LPX tokens.
The LPX token presale is currently ongoing through the project’s website. It offers multiple payment options. Out of a total token supply of 1.025 billion, 250 million tokens are allocated for the presale.
During the presale period, LPX is priced at $0.0445 per token, with a subsequent listing price of $0.0565 and a 16% bonus for presale participants. The presale has already raised over $1.76 million.
Visit Launchpad XYZ.
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