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The Solana chain remains the hub of meme culture, even as the crypto market swings into a sideways trend. However, there are concerns over the long-term sustainability of the platform’s increasing use case. Also, the Solana ecosystem has received criticism regarding the mounting volume of overvalued assets in the sector.
On the other hand, Solana has lost over 30% of its value since the price decline in the crypto market began. Notwithstanding, some of the top trending cryptos in the network maintain an upbeat performance.
Top Trending Cryptos on Solana Chain
Meanwhile, as major cryptocurrencies combat downward pressure from the bears, funds are rolling into presale cryptocurrencies. Even though there’s a growing concern about the rate at which investors are throwing funds into these projects. Notwithstanding, Dogecoin20 is an example of an upcoming project with excellent prospects that investors should note. The article provides a quick overview of its presale offering.
1. Solcasino Token (SCS)
Solcasino.io stands out as a leading crypto casino on the Solana network. It offers live playable games accessible directly through web3 Solana wallets. The platform supports a wide range of tokens on the Solana network, which provide users with diverse gaming options, including live casino, traditional casino games, sports betting, and more.
Solcasino Token (SCS) is priced at $0.009725, maintaining stability with a 0.00% change in the last 24 hours. Its 24-hour trading volume is $27,470, indicating consistent trading activity within this period.
Furthermore, the token peaked on Dec 3, 2023, hitting an all-time high of $0.021544. However, its lowest point occurred on Oct 14, 2023, at $0.001288. It is trading close to its cycle high, with a neutral price prediction sentiment.
With a circulating supply of 1.01 billion SCS out of a maximum supply of 10 billion SCS, Solcasino Token maintains a market cap of $9.78 million. Moreover, it has consistently traded above the 200-day simple moving average, indicating strong performance.
Enjoy up to 360% BONUS on deposits! 🚀
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— Solcasino.io (@Solcasinoio) March 14, 2024
Over the past 30 days, Solcasino Token has seen 30 green days, demonstrating robust market activity and investor interest. In addition, the Fear & Greed Index stands at 74, indicating a sentiment of greed among investors.
Solcasino Token’s steady performance, extensive token support, and diverse gaming offerings make it a notable player in the crypto casino space. Also, it provides users with a reliable and entertaining gaming experience on the Solana network.
2. KABOSU Token (KABOSU)
Kabosu Token pays homage to the incredible journey of a female Shiba Inu who charmed the world as the face of the Doge meme. Born on Nov 2, 2005, Kabosu, rescued by Atsuko Sato in 2008, embodies resilience and hope, capturing hearts worldwide.
Kabosu’s story is a testament to overcoming adversity. The project aims to celebrate her spirit, channeling resilience and hope into a crypto project centered on community, compassion, and inclusivity.
Their mission is clear: to honor Kabosu’s legacy as a symbol of second chances, foster a vibrant and supportive community, support animal welfare causes inspired by Kabosu’s story, and leverage blockchain technology for a secure and user-friendly platform.
Kabosu Token isn’t just about cryptocurrency—it’s a movement rooted in compassion and empowerment. It encourages users to join the journey to commemorate Kabosu’s resilience and unwavering love for furry friends.
Kabosu ($KABOSU) is trading at $0.00006048, reflecting a remarkable 42.18% increase in the last 24 hours and a significant 38.22% increase in value over the past seven days. While data on the market cap isn’t available, $KABOSU tokens can be traded on decentralized exchanges like Raydium, offering a seamless trading experience.
3. Decimated (DIO)
Decimated is an open-world survival role-playing game set in Unreal Engine. Players can embody either a human citizen or a cyborg cop. They can complete tasks solo or cooperate with others to earn virtual currency and trade virtual items within the game.
On the other hand, the price of Decimated is $0.041233, with a 24-hour trading volume of $354,057 and a market cap of $16.69 million. Moreover, the cost of DIO has increased by 7.77% in the last 24 hours.
Furthermore, the game saw its highest price on Jan 3, 2022, at $0.587930, and its lowest on Dec 28, 2021, at $0.0078253. It’s trading close to its cycle high, with a bearish price prediction sentiment.
With a circulating 404.78 million DIO out of a max supply of 1 billion DIO, Decimated has experienced significant growth, with a 640% increase in the last year. It has outperformed 91% of the top 100 crypto assets in the past year and trades above the 200-day simple moving average.
Our senior #houdini technical artist Erwin Heyms is at #GDC2024 showcasing the procedural technology being developed for the future maps of Decimated & other games at Fracture Labs! pic.twitter.com/rDI7sVvZXb
— DECIMATED – Official (@decimated_game) March 19, 2024
Decimated is available on five cryptocurrency exchanges, including gate.io and CoinEx, with $354,057 DIO traded in the last 24 hours. It has shown remarkable performance over the years, with 2021 being its top-performing year, witnessing a 1,151.91% increase in price.
Despite fluctuations, Decimated remains a promising gaming token. It provides players with immersive gameplay experiences and investment opportunities within its virtual ecosystem.
What Might Be The Next Top Trending Crypto
The recent performance of the Dogecoin20 presale indicates there’s still room for more dog-themed cryptocurrencies. Also, it attests that presale is one of the best ways to discover gems before they become widespread in the market.
#DOGE20 belongs to the #DOGE lineage of #Memecoins, yet it enhances utility and value for holders by introducing staking on #Ethereum, offering passive rewards. 💰🐕
The '20' in #Dogecoin20 signifies its compatibility with the 'ERC-20' standard. 🔢#Altcoins #SHIB #PEPE #WIF pic.twitter.com/bJ9ggAo5Vy
— Dogecoin20 (@DOGE_COIN20) March 19, 2024
Generally, crypto market trends show presale offerings are the new holy grail. In less than 30 days, the record indicates that in less than 30 days, investors have committed over $100 million to presale crypto projects. Interestingly, many of the projects launched through presale have gone on to amass millions of dollars in market cap, returning impressive ROI to investors.
As of the time of writing, over $3.7 million in capital has been invested in the project. With thousands of investors engaging with the team across all social media. The rising interest in the projects shows it is on track to become the upcoming cryptocurrency to explode.
Investors can still take advantage of the discounted price through the ongoing presale offering. The token is presently offered for $0.000202. Nevertheless, in the next 48 hours, the presale will enter the next phase, and the price will increase automatically. Hence, the earlier investors take advantage of the offer, the better.
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