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Digital assets are breaking below critical support as sell pressure returns to the crypto market. The recent sell-off is more pronounced in emerging sectors, such as among crypto AI projects. While such moves are anticipated in a bear market, they cast a shadow on the overall outlook of the crypto market in the near term.
On the other hand, investors are turning to newer projects for short—to mid-term ROI. The top trending cryptocurrencies on Avalanche are among the most visited crypto tokens in the last 24 hours, and today’s post analyzes how the market responds to their price action.
Trending Cryptocurrency Tokens on Avalanche Chain
The article equally captures the overview of the 99BTC presale offering. Presale is one of the top-performing trends in the market. Several projects that are currently outperforming the crypto market came in through presale programs. Hence, 99BTC is currently making its market a project to watch this season.
1. EMDX Token (EMDX)
EMDX is making waves in the world of decentralized finance. This protocol focuses on real-world and emerging market assets and partners with traditional finance operators to improve access to assets and risk-hedging tools. Moreover, the $EMDX token has multiple uses: it grants governance rights, offers staking and trading rewards, provides trading fee discounts, and is used for EMDX Subnet fee payments and access to community events and initiatives.
Meanwhile, the price of $EMDX stands at $0.03277, with a 24-hour trading volume of $2,781.94. In the last 24 hours, the price surged by 151.23%; over the past week, it increased by 139.23%. This performance significantly outpaces the global cryptocurrency market, which only rose by 2.20% during the same period.
Furthermore, EMDX tokens can be traded on decentralized exchanges, the most popular being Trader Joe V2.1 on the Avalanche network. The most active trading pair is EMDX/WAVAX, which had a 24-hour trading volume of $2,781.94. Consequently, the recent trading volume of $EMDX spiked by 17,637.70% in the last 24 hours, indicating a substantial rise in market activity.
🧵🚀 Announcing #CryptoUltra on EMDX! The future of predictive financial products is here. Predict digital asset prices and win big! 🎉
1/ 🔮 Entry Mechanics: Join by purchasing a ticket for $2.5 USDC. In future versions, ticket prices may vary based on factors like probability… pic.twitter.com/fy1AvmqImj
— EMDX (@emdx_io) July 5, 2024
Overall, EMDX’s impressive price and trading volume increase reflects growing interest and token activity. Its versatile uses and strong partnerships with traditional finance operators enhance its credibility and potential for long-term growth. As a result, EMDX continues to outperform the market, standing out as a promising token worth watching.
2. AVAX HAS NO CHILL (NOCHILL)
NOCHILL is a memecoin on the Avalanche (AVAX) network, themed around AVAX having “NO CHILL.” It originated from the StarsArena community, highlighting its playful and community-driven nature.
Currently, the price of AVAX HAS NO CHILL (NOCHILL) stands at $0.002102. In the last 24 hours, the token experienced a trading volume of $33,882.57. However, it saw a price decline of 9.54% during this period. Despite this, NOCHILL’s price has increased by 4.48% over the past week, bringing its market cap to $3,258,917 with a circulating supply of 1.6 billion tokens.
NOCHILL has outperformed the global cryptocurrency market, which rose by only 2.00% in the last seven days. However, it has underperformed compared to other cryptocurrencies in the Avalanche Ecosystem, which saw a 5.80% increase.
NOCHILL tokens can be traded on decentralized exchanges. The most popular platform is Trader Joe, where the NOCHILL/WAVAX pair saw a trading volume of $26,839.66 in the last 24 hours. Other exchanges include Trader Joe V2.1 (Avalanche) and Balancer V2 (Avalanche).
1000/1337 minted.
One for every year of Remilia reign.https://t.co/0xcl8W1oNe pic.twitter.com/IvtxMbGDAW— nochillio (@NOCHILLIONAIRE) July 11, 2024
Nevertheless, NOCHILL’s market activity has recently declined. The 24-hour trading volume has decreased by 65.40% from one day ago, indicating a fall in market activity. This drop in trading volume suggests a need to monitor the token closely for any further changes in trading patterns and market interest.
Overall, NOCHILL shows a mix of promising growth and challenges, reflecting cryptocurrency markets’ dynamic and often unpredictable nature. As with any investment, staying informed and cautious is crucial.
3. BloodLoop (BLS)
BloodLoop, a 5v5 Hero Shooter game, is capturing the attention of gamers and investors alike. Set in a dystopian future where factions battle for supremacy, BloodLoop offers a dynamic third-person shooter experience.
The game features heroes with unique abilities, encouraging diverse play styles and strategies. Developed by industry veterans from Crytek, CI Games, Activision, Ubisoft, and others, BloodLoop delivers innovative gameplay and original game modes. The game seamlessly integrates web3 technology using a proprietary SDK and gas fee-free subnet, ensuring a smooth user experience.
Meanwhile, BloodLoop’s token ($BLS) is priced at $0.3416, with a 24-hour trading volume of $961,734. The token has seen a 2.66% price increase in the last 24 hours and a 3.20% rise over the past week. This performance outpaces the global cryptocurrency market, which has risen by 1.90% over the same period. However, $BLS is underperforming compared to other cryptocurrencies in the Avalanche Ecosystem, which have increased by 5.80%.
$BLS can be traded on both centralized and decentralized exchanges. Gate.io is the most popular platform for trading BloodLoop, with the $BLS/USDT pair seeing a volume of $764,903 in the last 24 hours. Other exchanges like Trader Joe and Bitget also support $BLS trading.
Bastion Map is coming to life.
Are you ready to explore the depths of Bastions’ Outpost and discover their hiding spots and SEM extraction mechanisms in Season 2? ✨ pic.twitter.com/vUNtUouPvc
— BloodLoop🔺 | Hero-Shooter (@BloodLoopGAME) July 9, 2024
Despite the overall positive performance, the 24-hour trading volume has decreased by 24.10% from the previous day, indicating a recent drop in market activity. This decline may reflect broader market trends or temporary investor caution.
In summary, BloodLoop’s ($BLS) recent performance shows resilience amid market fluctuations. With its unique gameplay, strong development team, and innovative technology, BloodLoop continues to attract interest. However, the recent dip in trading volume highlights the need for ongoing market analysis.
What Might Be The Next Top Trending Crypto
99Bitcoins steals the spotlight in the presale market as it raises over $2.3 million. The project launches the 99BTC token presale to give investors a chance to participate in the project pre launch phase. Interestingly, early investors have committed a substantial amount of funds towards the project, giving it the financial backing it needs to push through to success.
Not only is the project recording a growing fund influx, but it’s also amassed a sizable community of followers across social media platforms. This implies that it has the critical mass to actualize the visibility the token needs to attract further fund influx.
In essence, the 99Bitcoin brand is generally known for its competence in the crypto education space, with millions of users across the globe. However, its expansion into the crypto space comes after the team came up with a new mission. The mission is to disrupt the traditional learning model by making the learner the key beneficiary of the learning experience.
The new concept is dubbed the Learn-to-Earn initiative. The project seeks to reward learners using the 99Bitcoins platform through its native cryptocurrency. By participating in learning programs, learners acquire knowledge of the crypto space and receive additional benefits.
Yesterday, Germany sold 6,016 $BTC but the price remained mostly stagnant! 🇩🇪
The European nation has been selling a large amount of seized #BTC, most recently $350 Million worth. 😱 #Bitcoin's resilience has been impressive and largely thanks to big #ETF inflows!#99Bitcoins pic.twitter.com/u0uOPL9g4f
— 99Bitcoins (@99BitcoinsHQ) July 12, 2024
Furthermore, the 99Bitcoins team offers token holders, particularly traders, an opportunity to improve their trading results. The project offers exclusive trading signals to traders and investors.
The offer also includes consistent news updates, which helps investors stay ahead of the market and make critical decisions based on news before it becomes widespread. Overall, the 99BTC token is designed to help investors and learners gain an immersive and rewarding experience in the crypto space, and the project’s website guides investors through the process of taking advantage of the opportunity.
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