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The boom in the cryptocurrency industry is fueling the creation and launch of new tokens every day. In such a scenario, it could be a real challenge for cryptocurrency enthusiasts to keep up with their prices and trade performances. This is exactly why we bring to you a full-proof list of today’s biggest crypto gainers that one should know about.
DODO
DODO is a decentralized trading platform that is driven by an innovative algorithm. It provides efficient on-chain liquidity to web3 assets by using its algorithm called Proactive Market Maker or PMM. Thus, this platform allows anyone interested in web3 assets to issue and trade them easily.
The non-linear PMM algorithm works like a mechanism that replicates the trading styles of humans. It also provides flexible and customizable on-chain transactions. Via this mechanism, the algorithm can provide affordable market-leading pricing to its users.
DODO gets many added advantages for using its in-house developed PMM algorithm rather than an AMM. The PMM can identify prices from external markets and tweak them to achieve higher capital in a much better way than AMM platforms. PMM algorithm can also minimize losses that generally occur in the AMM.
Unlike AMM, liquidity providers need to deposit just one of the tokens in the trading pair in the PMM. This feature of DODO proves to be beneficial for small projects. Unlike AMM, there is no set ratio for PMM. New assets can now start liquidity at 100% of their tokens and 0% ETH or other tokens. This eliminates the need for a large capital pool for assets with smaller liquidity.
DODO platform can be used by liquidity providers, token issuers, investors, and traders. The platform users have a say in the functioning and modification of the platform. They can even participate in DODO Crowdpooling. Platform also allows users to receive trading rebates, stake tokens, and mint new DODO tokens for incentives.
All these characteristics make DODO a unique cryptocurrency that holds huge potential for the future. Today DODO’s market capitalization stands above the $110 million mark. Its circulating capital is around 443 million DODO. The token is currently trading at around $0.2429, with a growth of about 11% in the last 24 hours.
Hashflow or HFT
Hashflow or HFT, was launched in the year 2021. In such a short time, it has acquired over $130 million as market capitalization and traded over $12 billion in worth.
Hashflow is a decentralized exchange platform. It is available on a variety of robust and secure blockchains like Ethereum, Polygon, BNB Chain, and Avalanche. According to HFT’s official website, it is designed to achieve interoperability, zero slippage, and MEV-protected trades.
Let us dissect each of these features one by one. Interoperability means the capacity of two or more systems to work on conjecture with each other. Hashflow achieves this by being available on many blockchain technologies. Traders can exchange their digital assets from one chain to another seamlessly without any external connections or bridges. This is also known as ‘Bridgeless Cross-Chain Swaps’.
Hashflow uses a ‘Request-for-Quotes’ engine to get off-chain trading quotes from external market makers who handle on-chain liquidity pools. Every time a quote is fetched, these market makers need to sign it as a way of commitment that the quotes will remain constant for the duration of the trade. This means that cash flow can hold the price until the transaction is validated. Thus it gives zero slippage and MEV-protected trades to traders irrespective of where the trade happens.
Today one HFT token is trading at around $0.07012. In the last 24 hours, the token has been up by around 1.79%.
Fight Out (FGHT)
Fight Out or FGHT is a ‘Move-to-Earn’ platform that is set to provide a modern spin to the traditional fitness industry. It aims to launch something realistic by merging the world of cryptocurrency with the world of fitness. The platform will be available as a web3 application and can be easily used by its users.
The application will work as a personal fitness coach for its users. One can get significant information about exercise techniques, weightless regimes, online classes, and valuable information on dietary intake and nutrition. The app will also have profiles of professional instructors, athletes, and fitness influencers who will be able to provide hands-on tips and coaching to the users to help maximize their fitness goals.
There are two tokens in this network. One is the off-chain REPS. This token will be used to give rewards to users who complete a fitness challenge, take part in sporting events, or lead a healthy lifestyle. The second token is the on-chain token FGHT which is also its native utility token. This token is used for the utility and governance of the network’s transactions.
Fight Out has collected a massive amount of over $4.76 million from its ongoing presale. Its presale will consist of three stages and will continue until the 31st of March, 2023.
During the first presale, the price of one FGHT is set at around $0.01665. Which will increase to $0.0334 by the end of the third stage.
C+Charge (CCHG)
C+Charge or CCHG is a blockchain technology-backed platform which is set to revolutionize the way EV charging works. This platform is available as a web3 application. It aims to offer seamless payment solutions to its users via its app to make their life easy.
C+Charge is set to solve the issues affecting the electronic vehicle industry today. There is a lack of adequate support for the increasing number of EV drivers on the road. The infrastructure lacks uniformity and the payment option is not being developed in line with the projected future volume of transactions. Currently, there is no carbon credit benefit to EV drivers and all goes only to the manufacturers.
C+Charge is designed to change all of these for the better. It aims to solve these new-world issues by providing a dynamic token which can be utilised fully. The platform will make carbon credit available to EV users and drivers for every EV charging they do.
The platform will also connect EV drivers with EV charging stations. Thus, making it easy for them to go and recharge their vehicles effortlessly and efficiently. Drivers can use the digital wallet of the platform to pay for their recharge. Thus, this would cut the cost of setting up a payment gateway for the EV charging stations and they can focus on the operations.
According to its official website, the web3 application will provide valuable information on charging expenses, availability of charging stations, and projected energy consumption. Users can keep track of these data to get rid of redundant costs.
C+Charge has till now acquired around $1.53 million from its ongoing presale. There are set to be 8 stages of its presale. Today it is in its 4th stage, which will continue for two more days. The current price of one CCHG token is $0.017. The price will increase to $0.018 per token from the 5th stage of the presale which starts on the 8th of March 2023.
METROPOLY (METRO)
Metropoly or METRO is emerging as the creator of the world’s first NFT-backed real estate marketplace. Traders or investors can use this marketplace to invest in properties without the involvement and regulations from banks. Traders can have access to this marketplace from anywhere in the world. Thus, investing in properties will not have any geographical barriers.
Metropoly aims to provide a global platform where interested parties can buy real estate and earn passive incomes from these investments. It could be a great way to save one’s capital from sudden market fluctuations and at the same time diversify their portfolio.
Properties available in this NFT-supported marketplace are 100% real-world properties. These are divided into tiny fractions so that anyone and everyone can invest and buy a fraction with a little affordable amount. These property owners will earn a share of the monthly rent and any long-term asset appreciation. These owners will also have the option to trade their shares anytime they wish.
The native utility token of Metropoly is METRO. It is mainly used as a payment and reward option by users.
METRO’s initial coin offering is going on at the moment. Till now it has acquired a collection of $559k from its presale which is 56% of its target value. The presale is in its 9th stage right now where one token is trading at $0.0625.
RobotEra (TARO)
RobotEra or TARO is a popular platform in the ‘Play-to-Earn’ metaverse. It is a gaming ecosystem combined with a real estate ecosystem. Users of this metaverse will get a planet-rebuilding experience where they can compete with each other to reconstruct the land and build assets. There are NFT robots that can help users with their quest of building a self-sustaining economy.
RobotEra’s concept is what distinguishes it from other gaming metaverses. As the game advances, the platform will reward its users for exploring and expanding their constriction and resources. Users will have unlimited creative freedom to design and develop a new world, construct buildings, upgrade robots, and expand the land.
RobotEra has till now acquired $937k from its ongoing initial coin offering. Its presale will consist of three stages. During the first stage, one token is priced at $0.020. During the second and third stages, the price will increase to $0.025 and $0.032 respectively.
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