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Bitcoin dump continues as the asset posted a 24 low of $60k. Despite the halving euphoria, bulls have been unable to take the price of BTC back to its ATH range. Investors are speculating that the giant crypto might post values below the $60k mark before the weekend as its ETF outflow continues unabated.
Notwithstanding, Investors are exploring other chains and crypto opportunities to uncover the best tokens to invest in. Today’s article explores the top trending cryptocurrencies on the Polygon chain. The trends and market data of each article is revealed succinctly to help investors have an insight into the trends in the network.
Most Trending Cryptocurrencies on Polygon
Moreover, recent market data shows that early investors who take advantage of presale projects can generate more substantial returns than those who leverage price volatility. The presale performance of Bitcoin Minetrix shows investors’ growing interest in new crypto projects as it raised over $13 million through its presale offering. The news on the project’s official twitter handle hints at an exchange listing today, 30th of April. Further details are included below.
1. AI Pepe King (AIPEPE)
AI Pepe KIng came into the limelight today as one of the top trending tokens on the Polygon chain. The token broke into the upper range early in the year after which it posted a new ATH value of $0.0000000001175. PEPE lost significant value to the crypto market dump, but it still remains 2000% above its launch price.
Generally, PEPE is a meme coin project aimed at rivalling the popular meme coin, PEPE. However, it does so through its focus on the AI narrative. Today, the project has seen an impressive increase in its community and use case.
As of the time of writing, it boasts over 31 thousand holders according to its DEXTools data. It has completed 317,000 transactions in less than a year of existence. The token is being marketed as the largest AI meme coin community on Polygon and the claims are substantiated by the number of token holders.
At the time of writing, PEPE has a market cap of $2 million and trading volume of over $200,000. Interestingly, despite the marginal trading volume of the token, PEPE has made impressive price action in the last 7 days. While the majority of cryptocurrencies lost substantial amounts of their value in the period, AIPEPE posted gains of over 20%.
Furthermore, it appeared on the Polygon chain trending list today due to the growing interest in the memecoin. The attention stems from its ongoing airdrop program which has distributed over 200 billion PEPE tokens to users in its round 4. At the current pace, the crypto community should expect to see repeated appearances of the token on DEXTool’s trending list for most of the month.
2. Playermon (PYM)
Player on is a new crypto project with an impressive uptrend chart on DEXTools. The project recently debuted on the Polygon chain and made the list of trending tokens on the chain. Even though the crypto market faced a protracted price decline over the last 7 days, PYM kicked off its token launch with massive gains. Today, it posted over 160% price increase, which puts it on the top gainers list.
According to its DEXTools page, the project is described as an NFT game where users battle with Playermons. The game rewards users with BTC or USDT for completing tasks or achieving milestones. Its website also states that users earn rewards for adding other users to the system.
While the project focuses on the entertainment and fun experience, it also embeds some economic benefits into the fundamentals. The Playermon sports the PYM as the native cryptocurrency of the project. It offers the PYM to users as an in-game reward and investors can also acquire the PYM token through decentralized exchanges. The value of the PYM is determined through the demand and supply in the ecosystem.
We are on @0xPolygon newly launched Amoy testnet, lots of smart contracts deployed and ready to test. By the way, we launched the PvP phase 1 allowing you to challenge your friends to test your playermon skills https://t.co/1TqRI3wKXq
— Playermon $PYM (@playermons) April 30, 2024
As of the time of writing, PYM has a price of $0.003068. Its appearance on DEXTools trending list has contributed to the growing value of the token and investors can expect to see further pump in the asset’s price. Moreover, PYM’s market data shows an uptrend in its trading volume and a complementary growth in the token’s market cap. Ultimately, investors should keep an eye on the token’s trend and watch how its value increases with growing adoption.
3. Moonflow (MOON)
Moonflow is one of the cryptocurrencies that’s leveraging the Polygon chain. Their project claims it’s building a future where NFT and DeFi would become mainstream. According to its DEXTools page, the project boasts over 31,100 MOON holders, and the number is increasing gradually, there’s been an increase of about 3% in the number of holders as revealed by Polgonscan.
While the MOON token is still in its formative phase, its chart shows a promising trajectory. Currently, the chart displays consistent higher highs and lows, which indicate an upturn as against the overall down trends in the crypto market. What this means is that MOON is not only making an appearance on the trending list, it’s also seeing an influx of buyers. In accordance to the chart trend, the token also shows a price increase of about 50% in the last 24 hours.
Data from DEXTools also shows that MOON has a market cap over about $4.2 million at the time of writing, which is an increase of 15% today. In addition, the asset’s trading volume equally crossed the $100k mark and there’s been over 142 thousand transactions since the launch of the project.
What Might Be The Next Top Trending Crypto
Bitcoin Minetrix presale has been remarkable so far, and the community of investors who have supported the vision display impressive enthusiasm. In a few months of presale offering, the project has raised over $13 million in funds towards building the next evolution of Bitcoin mining technology.
As the crypto community goes through the Bitcoin halving event, there is anticipation of a surge in BTC price. Technically, the reduced cost of the asset coupled with the increasing demand from institutional investors shows that investors would likely see a spike in the value of BTC.
Mining is one of the best ways to participate in the BTC opportunity, and that’s what the Bitcoin Minetrix project affords every investor. With its BTCMTX token and cloud computing technology, investors can mine BTC from the comfort of their homes. Bitcoin Mintrix was listed on Uniswap today and early investors have a chance to claim their BTCMTX tokens.
The $BTCMTX Claim is now live! 🎉
Claim your #Tokens through our website.
Stay cautious and refrain from clicking on any unauthorized links. ⚠️
Make sure you've got a sufficient amount of $ETH to cover gas fees. pic.twitter.com/R416CgEca9
— Bitcoinminetrix (@bitcoinminetrix) April 30, 2024
More importantly, the project is also kicking off the trend with a token burn of over 400 million BTCMTX tokens. The announcement was also released on the project’s official Twitter handle. The burn is aimed at removing over 10% of the token’s circulating supply, which would immediately impact the price of the token. Further information about the project launch and token claims is available on its official website.
Visit Bitcoin Minetrix Website
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