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Bitcoin post-halving predictions are currently being tested by market realities as the third quarter of the year enters the second month. Investors had high hopes for a mega rally after the halving event, which was reinforced by the arrival of the BTC ETF. However, the BTC price has been forced into a range amidst an uneventful global economic outlook.
Notwithstanding the performance of BTC and ETH, the Ethereum network sports some tokens with exceptional price action in the last 24 hours. Today’s post covers the top trending cryptocurrencies on the Ethereum chain and offers an overview of the price data of each token.
Most Trending Cryptos on Ethereum Chain Today
Also, the crypto market is witnessing the rebirth of presale cryptos as the market awaits the next obvious direction and trend. The presale offering of the 99Bitcoins token is one of the most popular programs in the category. This post offers an overview of the 99Bitcoins presale as the platform hopes to round off the program on the 6th of August.
1. Cellframe Token (CELL)
Cellframe is a blockchain platform with a unique focus. It’s designed to make transferring digital assets between blockchains safer and faster. Additionally, it’s built to resist attacks from powerful quantum computers, which are the next big thing in computing power.
The CELL token powers this network. However, its price has yet to see much movement lately. It’s only gone up by 0.57% in the last 24 hours. This means the total value of all CELL tokens combined is around $8.91 million.
While CELL might not be making big headlines right now, the technology behind it is promising. As quantum computing becomes a bigger threat, blockchains like Cellframe could become increasingly important. Therefore, it’s a project worth watching, especially if you’re interested in the security and future of blockchain technology.
🔆 While we're looking forward to October's BlockChain Life, let's reminisce about the April forum in Dubai.
Watch the interview with Alexey Yusupov, Cellframe's Chief Business Development, which starts at 1:02:18 in the video: https://t.co/cnaaa97zXJ.Enjoy watching!
— Cellframe Network (@cellframenet) July 26, 2024
That said, investing in cryptocurrencies is risky. The value of tokens can go up and down quickly. So, before investing in CELL or any other cryptocurrency, do your research and understand the risks involved.
2. Ethena USDe (USDE)
Ethena is a unique platform aiming to create a digital dollar independent of traditional banks. Their solution is a cryptocurrency called USDe, designed to be stable and not tied to the ups and downs of other cryptocurrencies.
USDe has been gaining traction, with its value staying close to one US dollar. A slight increase in trading volume was seen, up 47.80% in the last 24 hours. This growing interest has pushed its market value to $3.2 billion.
To buy and sell USDe, you can use popular cryptocurrency exchanges like Bybit Bitget or decentralized platforms like Uniswap. However, it’s essential to remember that the cryptocurrency market can be unpredictable. While USDe has shown stability so far, its value can change.
Introducing USDe as reward bearing stable margin collateral with @Bybit_Official:
As of August 2nd, all Bybit users will be able to earn up to 20% APR, paid daily, for simply holding USDe, or trading derivatives with USDe collateral, in your Bybit accounts
Details below: pic.twitter.com/BhGGTFTHlR
— Ethena Labs (@ethena_labs) July 30, 2024
As the world of finance continues to evolve, projects like Ethena are exploring innovative ways to use blockchain technology. USDe is a prime example, offering a potential alternative to traditional banking systems.
3. Neiro on ETH (NEIRO)
Neiro (NEIRO) has burst onto the cryptocurrency scene with a dazzling display of volatility. This newly minted meme coin, distinguished by its zero-tax, community-driven model, has captured the imagination of investors and crypto enthusiasts alike.
Since its launch, NEIRO has exhibited extraordinary price growth, with a staggering 49.14% surge in value within just 24 hours. This rapid ascent has propelled the token into the limelight, drawing comparisons to the sensational rise of Dogecoin. As a result, NEIRO has swiftly amassed a market capitalization of $170.5 million, a testament to the intense investor interest.
Furthermore, the availability of NEIRO on popular exchanges like LBank has further fueled its momentum, providing accessible trading options for a broader audience. This accessibility and the token’s meme-driven appeal have contributed to its rapid ascent in the rankings.
However, it’s crucial to approach investments in meme coins with a high degree of caution. The cryptocurrency market is notoriously volatile, and dramatic declines often follow sudden price spikes. NEIRO’s meteoric rise should be viewed critically, as it’s essential to conduct thorough research and consider the inherent risks before allocating capital.
While NEIRO’s performance is undoubtedly captivating, investors must prioritize due diligence and risk management. The cryptocurrency landscape is replete with examples of tokens that experience rapid growth followed by equally swift collapses. Therefore, a balanced perspective is essential when navigating meme coins’ exciting yet unpredictable world.
What Might Be The Next Top Trending Crypto
99Bitcoins presale has been one of the top trending crypto presales despite the choppy price action of the crypto market. Investors have committed over $2.6 million to the project, and thousands of holders are awaiting its launch.
According to the update on the project’s website, the 99BTC presale would officially close on the 6th of August, making it the last chance for investors to get involved with the project. The current bull market favors meme cryptos and other projects with little to no proven utility.
🚀 Important announcement! 🚀
We have now reached the final stage of the $99BTC presale! 🤯
Hurry and secure your tokens now before the #Presale ends on the 6th of August at 9.30 AM UTC.
Don’t miss out! 👉 https://t.co/9aJ5rE6jNB#99Bitcoins #BTC #Crypto #L2E pic.twitter.com/V742gsgnv9
— 99Bitcoins (@99BitcoinsHQ) July 31, 2024
However, crypto market data reveals that projects with utility often have longevity and are able to increase investors’ chances of earning substantial ROI in the long run. 99bitcoins is currently the pioneer of the Learn-to-Earn initiative.
Thanks to the platform’s years of experience in the crypto education sectors, it’s about to unleash a disruption in the education sector. With the Learn-to-Earn program, investors have a chance to profit from learning about the crypto industry.
While the learning program and experience are a remarkable value proposition, 99Bitcoins throws in some extra to increase the benefit of the platform. Holders of the 99BTC token are offered exclusive access to trading signals.
The 99BTC token is slated to launch on the 8th of August, and investors can find more information on the project’s official Twitter handle. Further details of how to participate in the presale are available on the project’s website. Above all, investors only have six days to take advantage of the offer, increase their knowledge of the crypto industry, and profit from their learning experience.
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