Join Our Telegram channel to stay up to date on breaking news coverage
Ondo Finance has achieved a major milestone, exceeding $600 million in Total Value Locked (TVL) across its yield-generating products. The platform now manages $384 million in USDY and $221 million in OUSG, reinforcing its status as a top issuer of tokenized treasuries. Meanwhile, Monero (XMR) has seen a significant upward trend, currently trading at $175.01, reflecting a 1.47% increase in the last 24 hours. This price rise is linked to a series of bullish trends that have emerged in recent days.
Meanwhile, tokens within specific blockchains have also hit price climbs. This article outlines the most trending cryptocurrencies on Polygon, providing further insight into the ecosystem-specific rally.
Most Trending Cryptocurrencies on Polygon
Fuse Network significantly creates scalable and accessible financial products within a decentralized ecosystem. Lucidao operates as a decentralized autonomous organization (DAO), with its community members actively participating in decision-making.
In 12 days, Mega Dice, the first licensed casino on Telegram, is poised to launch in the decentralized gambling market. Meanwhile, Bitcoin has dropped to $57,000, causing crypto stocks to decline as September trading begins.
1. Fuse Token (FUSE)
Fuse Network is a key player in developing scalable and accessible financial products within a decentralized ecosystem. It focuses on “unbundling payments,” offering a Web3 platform that facilitates business and finance. The platform is powered by a zkEVM optimized to bring many consumers on-chain. Through its stablecoin-first payment stack, it promotes low-cost global payments, giving users a fast, affordable, and borderless transaction experience.
The Fuse ecosystem is designed specifically for business adoption. It has processed over 135 million transactions and supports over 150 projects and integrations. With a 99.99% uptime, Fuse ensures reliability. The $1.00 per 10,000 transactions offers a cost-effective solution for enterprises.
Fuse provides various tools for different use cases. It supports mobile payments, enabling developers to create Web3 apps optimized for mobile devices. The platform is also a fast, cost-effective choice for e-commerce, offering efficient payment processing. Additionally, Fuse innovates loyalty programs with NFT-based rewards. Moreover, it facilitates the creation of branded stablecoins, enhancing brand visibility and reducing payment volatility.
The Fuse Network infrastructure includes several products to simplify Web3 integration. These products include the FuseBox SDK, which integrates Web3 wallets into apps, and Fuse Mobile, which supports mobile app development with Web3 functionality. The Fuse Console provides accessible Web3 payment and loyalty infrastructure.
Fuse network is now supported on @palmera_dao 🌴
This integration brings powerful tools for on-chain treasury management to the Fuse network, making it easier for Web3 organizations, DAOs, and individuals to manage digital assets efficiently. pic.twitter.com/XEorES0h0o
— Fuse Network (@Fuse_network) August 30, 2024
In addition, Fuse has integrated with Palmera, a platform that supports on-chain treasury management for Web3 organizations, DAOs, and individuals. This integration adds another layer of functionality for business users.
As of the latest update, the price of FUSE stands at $0.02183. The market cap is $49.64K, and the circulating supply is 2.27 million FUSE tokens. While liquidity is significant, volatility remains low.
2. Lucidao (LCD)
Lucidao is a decentralized autonomous organization (DAO) where community members actively drive decision-making. The platform empowers users by providing access to real-world products and services through blockchain technology and decentralized applications (dApps). The Lucidao protocol centers around dApps, aiming to bridge the gap between blockchain and tangible assets by fostering a community of Oracles and users.
Lucidao’s development possibilities are extensive. The platform could introduce marketplaces, cryptocurrency gateways for goods and services, and e-learning platforms. The LCD token plays a central role in Lucidao’s ecosystem. It offers more than just a standard token function. It grants holders influence over the platform’s direction.
Token holders can engage with dApps, generate fees, and actively shape the platform’s trajectory. For instance, using dApps like Altr within Lucidao supports the ecosystem and contributes fees to the DAO Treasury. LCD token holders, in turn, play a significant role in determining the platform’s future.
While our primary token is $LCD, we operate on @0xPolygon and also utilize MATIC in our liquidity pools in @QuickswapDEX.
That’s why we’re committed to keeping you in the loop about the latest transitions and developments on Polygon.
— Lucidao (@Lucidao_) September 3, 2024
Financially, Lucidao maintains a market cap of $1.75M, with a total market cap of $5.84M. Its liquidity stands at $15.86K. The circulating supply is 264.00M LCD tokens out of a total supply of 880.00M. Additionally, the platform has 2.21K token holders. It also records a 24-hour trading volume of $4.05K.
Currently, the price of the LCD token is $0.006648, reflecting a 70.07% increase in the last 24 hours. The volatility is measured at 0.2554, with the circulating supply representing 30.00% of the total. Lucidao has processed 138.45K transactions, with pooled WMATIC at 20.57K and LCD at 1.21M.
3. Route (ROUTE)
Router Protocol provides a cross-chain liquidity aggregation platform designed to streamline the bridging of assets between existing and emerging Layer 1 and Layer 2 blockchain networks. Its primary goal is to enable users to transfer assets across different blockchains quickly and cost-effectively.
The Router Protocol product suite includes several key components. Router Nitro, an ultra-low latency bridge, supports cross-chain asset transfers over 30 blockchains. In addition, Router CCIF (Cross-chain Intent Framework) simplifies cross-chain operations for decentralized applications (dApps). It provides plug-and-play infrastructure, making it easier for developers to integrate cross-chain functionality.
Last month was a period of steady progress for Router, and we’ve packed it all into our latest Monthly Rewind!
Read here: https://t.co/VcVHgiWHpB
Here’s what’s inside:
– We secured canonical status with Matchain and expanded into the Cosmos ecosystem
– Seamlessly bridged Cosmos… pic.twitter.com/IZOnxDlndk— Router Protocol (@routerprotocol) September 4, 2024
Developers can use Router Protocol to build a wide range of cross-chain applications. These applications include customizable decentralized apps, canonical bridges, omnichain tokens, interoperable money markets, and cross-chain airdrop aggregators. By offering this diverse toolkit, Router Protocol supports the creation of innovative dApps tailored to specific needs.
The platform’s growing adoption is evident in its statistics. Router Protocol has facilitated over $1 billion in volume and executed over 1 million transactions. It has also connected over 300,000 users across 30+ ecosystems. With over 100 partners, the platform continues to expand its reach.
4. Mega Dice ($DICE)
Mega Dice, the first licensed Telegram casino, is now entering the decentralized gambling market. The presale for its native token, $DICE, is nearing its end and has already garnered over $1.7 million in contributions. With just 12 days remaining in this presale phase, potential investors are considering whether to invest.
Mega Dice operates on the Solana blockchain, combining online casino gaming with cryptocurrency features. The platform targets gaming enthusiasts and $DICE token holders, aiming to blend gaming with digital currency.
The project has introduced a Refer & Earn program that allows users to earn a percentage of the spending referrals. It has also launched a significant airdrop campaign, distributing $2.25 million across three phases.
In addition to the airdrop, $DICE holders can benefit from staking, which provides daily payouts based on the casino’s earnings. The platform also offers NFTs to VIP players and a 25% referral commission to further encourage participation.
WARNING: Time's Almost Up to Grab $DICE at the Lowest Price! 🚨
The $DICE presale is about to close its doors, with the last price increase happening this Tuesday! This is your absolute final chance to get in on the best #GameFi token on #Solana before the price skyrockets! ⏳… pic.twitter.com/vzF1t77DsA
— Mega Dice Casino (@megadice) August 30, 2024
Currently, the price of one $DICE token is $0.116056, with an anticipated increase soon. This situation might appeal to potential investors looking to join before the price rises. Overall, Mega Dice presents a noteworthy opportunity in the evolving intersection of gaming and cryptocurrency, featuring various incentives designed to attract and retain users.
Read More
Most Searched Crypto Launch - Pepe Unchained
- Layer 2 Meme Coin Ecosystem
- Featured in Cointelegraph
- SolidProof & Coinsult Audited
- Staking Rewards - pepeunchained.com
- $10+ Million Raised at ICO - Ends Soon
Join Our Telegram channel to stay up to date on breaking news coverage
