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Last week, $726 million was withdrawn from digital asset investment products, marking one of the largest outflows in 2023. Expectations of possible interest rate cuts from the US Federal Reserve largely fueled this movement.
In contrast, the TON Blockchain has demonstrated stability amid challenging market conditions, continuing to draw users from the Solana (SOL) ecosystem. TON’s intuitive platform and innovative features appeal to Solana users seeking new opportunities. Meanwhile, tokens within the Base network also rallied. InsideBitcoins curates the most trending cryptocurrencies on Base Chain now.
Most Trending Cryptocurrencies on Base Chain Now
Polygon on Base ($MATICB) introduces a memecoin that merges elements of two blockchain networks, presenting a novel but speculative take on cryptocurrency. XSwap, a decentralized application (dApp), operates on Chainlink’s Cross-Chain Interoperability Protocol (CCIP).
Meanwhile, Mork Coin brings together meme culture and a meaningful cause inspired by the perseverance of rescue dogs. Additionally, the Memebet project has already raised over $232,000, indicating initial momentum. India remains at the forefront of crypto adoption for the second consecutive year.
1. POLYGON ON BASE (MATICB)
Polygon on Base ($MATICB) introduces a memecoin that combines aspects of two blockchain platforms, offering an innovative yet speculative approach to cryptocurrency. Although it uses the Polygon name, $MATICB is not affiliated with the Polygon (MATIC) network. Its appeal largely comes from its playful branding and potential to attract meme coin enthusiasts.
The project reports a total market capitalization of $12.20K, with a live price of $0.00163 per $MATICB token. It has a circulating supply of 7.51 million tokens, all of which are actively traded, contributing to 100% of the supply being in circulation. Despite the project’s small size, it has a notable 24-hour trading volume of $10.25K, reflecting a 13.68% increase over the previous day.
Furthermore, the tokenomics show that 100% of the total supply has been burnt, meaning no new tokens are expected to enter circulation. With no liquidity tax and a balanced liquidity pool of $7.06K, the project has relatively modest liquidity. Approximately 28.95% of the supply is pooled with WETH, stabilizing the token’s tradeability.
Moreover, Polygon on Base has a small holder base of 39.75K and boasts no buy or sell taxes, which may be attractive to certain investors. However, the volatility index is measured at 1.45, indicating some price fluctuations common in memecoins. Investors may find its low entry cost and zero tax structure appealing but should remain cautious of its volatility.
2. XSwap (XSWAP)
XSwap is a decentralized application (dApp) built on Chainlink’s Cross-Chain Interoperability Protocol (CCIP). It facilitates cross-chain token swaps, enabling flexible smart contract execution on destination blockchains. By adding a service layer to Chainlink’s decentralized messaging and fund transfer system, XSwap makes cross-chain transactions more efficient.
XSwap trades at $0.03677, showing a 12.80% increase in the last 24 hours. Its liquidity remains high relative to its market cap, signaling strong market activity. However, the overall market sentiment is currently bearish. While seven technical indicators show positive trends, 15 points to negative signals, suggesting caution in the short term.
XSwap Ecosystem Update 🌐
In our half-year journey, we’ve crossed with the top tier projects to build the most powerful Cross-Chain ecosystem, powered by #Chainlink CCIP.
Number of listed tokens and XPay integrations exceeded our expectations 🔥
We have so much more planned,… pic.twitter.com/ct7Zxlfho6
— XSwap 🔗 (@xswap_link) September 10, 2024
XSwap is forecasted to trade from $0.036163 to $0.053509 for the upcoming week. If it reaches the upper target, this would represent a 47.97% increase by September 22, 2024. For the following week, predictions suggest the price could range from $0.053509 to $0.061479.
If it hits the upper target, the price could rise by 14.89% by September 29, 2024. These projections indicate potential growth. However, given the bearish sentiment, traders should consider the risks before making decisions.
3. Mork (MORK)
Mork Coin presents an intriguing mix of meme culture and purpose inspired by the resilience of rescue dogs. It aims to create a community-driven space that blends entertainment with a meaningful mission while promoting inclusivity within the crypto world. By drawing from the perseverance of rescue dogs searching for homes, Mork Coin seeks to resonate with a wide range of supporters.
MORK trades at $0.001587, reflecting a 12.28% increase in the past 24 hours. The token has a market cap of $1.48 million and liquidity of $70.55K. Its circulating supply matches its total supply of 936.80 million MORK, meaning the entire supply is in circulation. The coin currently has 2.56K holders, and its daily trading volume is $27.71K.
Regarding price outlook, Mork Coin’s forecast is fairly neutral, as technical indicators balance bullish and bearish signals. Price predictions suggest that MORK could rise by 223.87%, reaching $0.005141 by mid-October 2024. It has shown 12 green days in the past month and a 63.74% price volatility, indicating that market conditions may favor investors.
The Mork World Tour begins! Check back each day to found out where and what Mork is up to!https://t.co/erXcYYqTuz$MORK 👉 https://t.co/Tm3UMuKWvY#crypto #blockchain #cryptomeme #mork #base pic.twitter.com/grzoemSNpc
— Mork Coin (@MorkonBase) September 15, 2024
The token is projected to fluctuate between $0.001587 and $0.002344 for the week ahead, with a possible 47.66% increase by September 23, 2024. Additionally, looking further ahead, next week’s forecast suggests growth between $0.002344 and $0.002691, indicating a potential rise of 14.83% by September 30, 2024.
Furthermore, long-term projections for 2024 suggest that MORK could trade within a wider range of $0.001587 and $0.007392. This range indicates the potential for significant growth if it reaches its upper target, although this will depend on broader market conditions. Overall, Mork Coin appears to be gaining momentum, backed by its strong community focus and ties to meme culture.
What Might Be The Next Top Trending Crypto?
Memebet is emerging as a niche player in the growing meme coin space by combining online gambling with cryptocurrency. It targets crypto traders and gambling enthusiasts, particularly those already involved with meme coins. The platform’s main attraction is the “Memebet Casino,” which allows users to bet on games using meme tokens. Memebet operates without KYC requirements, allowing users to connect their crypto wallets through Telegram to start playing.
In addition to offering a variety of crypto-based games, the casino also includes a global sportsbook featuring popular leagues such as the EPL and NBA. Memebet’s approach focuses on the overlap between crypto gambling and meme coin trading, and as a result, it aims to draw in Telegram’s large user base, especially meme coin traders. This gives Memebet the potential to tap into the expanding yet still relatively small crypto casino sector.
Although Memebet is still in its early phase, it offers several incentives. These include P2E airdrops and rewards for “degen” traders. Moreover, it provides VIP benefits for those who invest in its native token, $MEMEBET, which is currently priced at $0.0251. The token price is expected to rise as more users engage, particularly with only a day before the next price increase. So far, the project has successfully raised over $235,000, showing early signs of traction.
In conclusion, while Memebet is still developing, it presents a unique blend of crypto gambling and meme coins. This combination positions it well to attract users seeking fresh online entertainment, especially as both trends continue to grow.
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