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The direction of the crypto market is still largely uncertain as the price of BTC tested the $60k level today. However, price action in the past 24 hours has been quite impressive. Altcoins have seen a marginal price increase, which has raised investors’ hopes of a possible return of the altseason. Nevertheless, major altcoins such as Bitcoin are starting to post significant price changes.
The Polygon ecosystem tokens have shown impressive resilience despite recent crypto market trends. Today’s post explores the market data of the top trending cryptocurrencies on the Polygon chain. It aims to provide investors with essential information about the network and the token’s long-term potential.
Most Trending Cryptocurrencies on Polygon
Further, the article gives a general overview of the Mega Dice presale. The project launched its presale a few weeks back and has achieved remarkable success with the presale program. At the time of writing, it has reached $1.5 million, implying that it is gradually reaching its target. This article delves into crucial details of the presale offering of the DICE token.
1. Yield Guild Games (YGG)
Yield Guild Games (YGG) is making waves in Web3 gaming. As the world’s first and largest Web3 gaming guild, YGG offers a platform where players can find their community, discover games, and level up together. Its mission is to become the leading community-based user acquisition platform in Web3 gaming.
YGG stands out as a network of gaming guilds focused on web3 games. It is committed to providing opportunities for its members through initiatives like Superquests and the Guild Advancement Program (GAP). These programs enable members to build their on-chain identity through an achievement-based reputation system.
Meanwhile, the price of YGG is $0.562. Over the last 24 hours, it has seen a trading volume of $69,565,675.51. However, the token has experienced a -6.38% price decline in the previous 24 hours and a -24.23% price decline over the past week. Despite this, YGG maintains a market cap of $210,464,742 with a circulating supply of 380 million YGG.
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Interestingly, the trading volume of YGG has surged by 58.90% in the last 24 hours, signaling a recent rise in market activity. This uptick in trading volume suggests growing interest and activity around the token despite its recent price declines.
2. Legends of Elysium (LOE)
Legends of Elysium (LOE) is a unique play-and-earn fantasy project that merges the worlds of card and board games. This innovative game offers players an immersive experience while leveraging non-fungible tokens (NFTs) to give actual ownership over in-game assets.
The game stands out with its unique Stake & Borrow mechanism. NFT owners can stake their assets and earn annual percentage rates (APR), while other players can borrow these staked NFTs for use in their decks. This feature adds a layer of economic strategy, allowing players to benefit from their assets even when not actively playing.
In addition, strategy plays a vital role in Legends of Elysium, with nearly infinite possibilities due to the game’s board elements. Players can plan and adjust their approach based on their hero’s race and class, the boards they play on, and the NFT cards they use. This depth of strategy makes the game engaging and uniquely complex.
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Meanwhile, the price of Legends of Elysium (LOE) stands at $0.05897. The token has experienced a slight decline of 1.52% in the last 24 hours and a 7.51% drop over the past week. Despite this, the circulating supply of 22 million LOE gives it a market cap of $1,289,861.
The trading volume for LOE in the past 24 hours is $172,540, a 5.20% increase from the previous day. This rise in trading activity suggests growing interest and engagement in the market.
3. Kromatika (KROM)
Kromatika, a decentralized exchange (DEX) on Ethereum L1 and L2, is making waves in the cryptocurrency market. Founded on November 15, 2021, Kromatika specializes in limit orders, swaps, perpetual trading, and gasless swaps.
In addition, a key feature of Kromatika is its MetaDEX Aggregator, which sources liquidity from various decentralized exchanges (DEXes). This ensures that traders get the fastest and cheapest routes for their swaps. Kromatika’s Fully Decentralized Limit Orders (FELOs) offer no price slippage and resist Miner Extractable Value (MEV) attacks. Traders can also earn LP fees on top of their limit orders.
Kromatika has also partnered with ApolloX to offer perpetual trading. With 72 crypto derivative pairs and up to 100x leverage, the platform boasts meagre trading fees compared to other DeFi competitors.
Meanwhile, Kromatika’s token (KROM) is priced at $0.02644. Over the last 24 hours, its trading volume reached $147,811.10, marking an 11.39% price increase. Over the past seven days, the token’s price has risen by 3.63%. With a circulating supply of 82 million KROM, the market cap is $2,176,343.
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Regarding market performance, Kromatika has outperformed the global cryptocurrency market, which has seen a downturn of -8.60%. It has also outperformed similar cryptocurrencies in the Polygon Ecosystem, which have remained flat. The trading volume of KROM saw a significant increase, reaching $146,705 in the last 24 hours—a 471.00% rise from the previous day, indicating a surge in market activity.
What Might Be The Next Top Trending Crypto
Mega Dice is an established casino brand with users worldwide. According to information gathered from the project’s website, Mega Dice sees an average of 10,000 users monthly who spend over $50 million on the platform.
The project team recently decided to expand the brand’s operations to the blockchain environment, resulting in the DICE presale launch. The DICE token is the native cryptocurrency of the Mega Dice platform, and at the time of writing, it’s offered for $0.0825.
However, urgency is critical as the token presale discount for the current round ends in 5 days. Investors who miss out on the opportunity to buy the token at the presale price might be forced to buy higher when the project officially takes off.
Overall, DICE is positioned to become one of the top cryptos to watch in the market. Moreover, the established brand behind the project and the casino platform’s proven track record give it the edge over existing players in the market.
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An added advantage of participating in the DICE presale is that it qualifies early investors for the upcoming DICE airdrop. The project earmarks over $2 million worth of DICE tokens to be distributed to presale participants.
The project’s presale page shares detailed information on how the airdrop would be distributed. Similarly, the project regularly posts essential information about the presale, launch plan, and other vital details on its official Twitter handle.
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