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Several new cryptocurrencies in the network are making progressive gains against all odds. Similarly, The top trending cryptos on the chain have shown promising price actions that position them as some of the top cryptocurrencies to watch this season.
Besides the performance of the network assets, the AVAX token is also on track to becoming one of the top gainers in the crypto market. In the last 24 hours, AVAX posted gains of over 6%, and trading volume increased by 5%. Moreover, its chat structure reveals the potential pump to $52 pump in the coming week.
Trending Cryptocurrency Tokens on Avalanche Chain
On the one hand, investors often favor established crypto projects as the best investment option. However, recent trends in the crypto market show that early investors in presale projects usually earn more ROI than investors who capitalize on market cycles. Thus, included in the article today is the summary of the SEALANA presale and what the project entails.
1. AvaxTech (ATECH)
AvaxTech, a blockchain technology organization launched in November 2023, has quickly become a significant player in the Avax ecosystem. The company specializes in analyzing and evaluating tokens within the Avax ecosystem, providing trading advantages for investors and utility-based products for developers.
AvaxTech has reached over 100,000 investors in just two months and secured more than ten partnerships, showcasing its rapid growth and expanding influence. Additionally, the organization offers over six utility products, including Token Deployer, Token and LP Lock systems, Honeypot intelligent contracts, and Trade smart contracts, all designed to benefit developers and investors while ensuring transparency, reliability, and effectiveness.
In addition, AvaxTech aims to be a primary building block in the Avax blockchain. It provides utility-oriented content such as analysis tools and educational products for investors.
AvaxTech’s token (ATECH) is currently priced at $0.002435 with a 24-hour trading volume of $2,448.72. Despite an 8.50% price increase in the last 24 hours, ATECH has experienced a -25.37% decline over the past week. With a circulating supply of 130 million ATECH, the token’s market cap stands at $321,838. This performance indicates that ATECH is underperforming compared to the global cryptocurrency market, up 6.70%, and other Avalanche ecosystem cryptocurrencies, up 5.80%.
🌟AvaxTech is launching an exciting Meme Contest open to all Avax meme coins!
Show off your creativity and celebrate the Avax spirit
Use any Avax meme coin as your inspiration for a chance to win 100$, until 20.05.24.#AVAX #ATECH $ATECH #Avaxmeme #Meme #Avaxmemes pic.twitter.com/w8GmwbLQ6f
— AvaxTech 🔺 (@TechAvaxX) May 10, 2024
ATECH tokens are primarily traded on decentralized exchanges, with Trader Joe’s being the most popular exchange. The most active trading pair is ATECH/WAVAX, with a trading volume of $2,449.63 in the last 24 hours. AvaxTech’s rapid growth and expanding product portfolio suggest a promising future despite recent market challenges.
2. Snowball (SNOB)
Snowball, a decentralized protocol on the Avalanche blockchain, is gaining attention for its unique services. The protocol offers auto-compounding liquidity pools and an automated market maker (AMM) for stablecoins, NFTs, and governance features.
In addition, Snowball aims to be a top DeFi project on Avalanche by offering competitive and unique products. The protocol is entirely community-run without any centralized backing. A core team handles daily operations; however, anyone interested can participate. The community makes significant decisions using Snowball Governance, where SNOB token holders can lock their tokens so that xSNOB can vote and participate in governance.
Consequently, the SNOB token is central to Snowball’s operations. By locking SNOB, users receive xSNOB, which allows them to share in revenue, boost rewards, and vote on critical decisions. The token distribution began on March 3, 2021, and SNOB can be acquired by providing liquidity on Snowball or purchased from exchanges like Pangolin.
Recently, Snowball has seen substantial market performance. The current price of SNOB is $0.01839, with a 24-hour trading volume of $665.17. This reflects a 10.73% increase in the last 24 hours and a 10.28% increase in the past week. With a circulating supply of 5.5 million SNOB, the market cap is $101,078. Consequently, Snowball has outperformed the global cryptocurrency market and other cryptocurrencies in the Avalanche ecosystem over the past week.
In conclusion, Snowball’s community-driven approach and innovative products stand out in the DeFi space.
3. Axial Token (AXIAL)
Axial is a decentralized finance protocol built on Avalanche. As a fully decentralized and self-contained application, Axial is central to the liquidity of value-pegged assets within the ecosystem.
Today, the price of Axial Token (AXIAL) is $0.0005356. The token has seen a 7.35% increase in the last 24 hours, with a trading volume of $173.45. Over the past seven days, AXIAL has experienced a 9.38% price increase. With a circulating supply of 110 million AXIAL, the token’s market cap is $57,397.68.
Moreover, in the past week, Axial Token has outperformed the global cryptocurrency market by 6.70%. It has also outperformed similar Avalanche Ecosystem cryptocurrencies, up 5.80%.
Furthermore, Axial’s robust performance indicates strong investor interest and confidence in its decentralized finance protocol. As it continues to play a crucial role in the liquidity of value-pegged assets, investors and developers should monitor Axial’s progress in the Avalanche ecosystem. With its impressive growth and increasing market cap, Axial Token is a significant player in decentralized finance.
What Might Be The Next Top Trending Crypto
there’s not been a better time to invest in meme crypto coins than now. More importantly, investing in coins with the prospect of becoming trending coins gives investors a chance of earning high ROI.
As Altcoins chains regain its name as one of the best-performing crypto networks in the market, it’s time for investors to take a position and earn from the rising visibility of the platform. One opportunity that stands out among others is the ongoing Sealana presale.
A few weeks back, the platform began presale, offering SEAL, the native cryptocurrency of the project. At the moment, the project has raised $1.5 million in presale funds and is on track to achieving its presale funding target. This implies that early investors will soon rake in immense returns on investment.
Sealana is gaining growing popularity and investor interest by leveraging the social appeal of altcoin season and the popularity of the Sea creature, the Seal. It is widespread knowledge that projects in the memecoin category have outperformed mainly the crypto market, and Sealana is towing the same path as projects that came before.
Y’all listen up!📢
When #Sealana said "MAKE AMERICA GREAT AGAIN", he meant we gotta finish buildin’ that god darn wall! 🧱🇺🇸
Creatin’ a land of prosperity where all American $SEALS can shoot guns🔫, drink drive🛻, and leave the trailer park behind!🏚️🚀
Join the #Presale, bag some… pic.twitter.com/GldZlorvvB— Sealana (@Sealana_Token) May 17, 2024
Also, trends in the bull market show that investors who get in early on meme coin presale have a chance of earning higher ROI than those who come in later. Hence, it’s best to take advantage of the discounted offer while it’s still live. SEAL is offered at $0.022
A detailed guide on how to purchase the token presale and the project’s whitepaper can be found on the Sealana presale website.
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