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Bitcoin is apparent psychologically as it ranges between $64k and $60k in price. Investors have anticipated a break above these levels for several months. However, the bears’ forces continually mount pressure on the chance of the coin reaching its full potential.
Nevertheless, BTC maintains its force against the resistance above and might find the push it needs to break the price ceiling. Conversely, certain tokens in the Polygon chain have significant volatility. This article covers the top trending cryptos on the Polygon chain.
Most Trending Cryptocurrencies on Polygon
On the presale side, the alt season has recently kicked in. The visible pumps across the board signal that investors can take a position in cryptos with success potential. This article covers 99Bitcoin’s presale offering. The project’s learn-to-earn initiative remains one of the innovations to watch out for in crypto. More details are included below.
1. Medieval Empires (MEE)
Medieval Empires (MEE), a multiplayer online strategy game set in late 13th-century Turkey, is gaining attention for its robust performance and innovative blockchain integration. Developed by MoonGaming, a blockchain-based studio focusing on sustainability and innovation, Medieval Empires immerses players in Ertuğrul Gazi and the Kayi tribe.
It stands out by leveraging the Polygon blockchain, which offers extensive player reach, developer support, low transaction fees, enhanced security, and fast transaction speeds. Moreover, Polygon is recognised for its eco-friendly approach compared to other blockchain platforms.
Meanwhile, Medieval Empires (MEE) has shown impressive market performance in cryptocurrency. Currently priced at BTC0.061974, it recorded a significant 13.40% price increase in the last 24 hours and a notable 16.40% increase over the past week. This growth outpaces the broader cryptocurrency market, which saw a 1.10% increase, and other cryptocurrencies within the Polygon ecosystem that remained stable.
Earn 100 Gems on @Immutable Gems with Medieval Empires: https://t.co/iEUbeUjAMf
Complete upgrading your Townhall up to Level 5 in #MedievalEmpires by July 17th 2024, 00:00 UTC pic.twitter.com/QJ3ai6hZKh
— Medieval Empires (@MedievalEmpires) July 2, 2024
Furthermore, the token’s trading volume surged 19.70% in the last 24 HOURS. This signals heightened investor interest and increased market activity. This rise in trading volume underscores growing confidence and engagement among investors towards Medieval Empires (MEE) as a promising investment in the evolving blockchain gaming sector.
As Medieval Empires continues to innovate and expand its player base, its strong market performance reflects its potential to become a leading player in the blockchain gaming industry. This enables the token to offer entertainment and investment opportunities for enthusiasts worldwide.
2. Impermax (IBEX)
Impermax (IBEX) has experienced a notable price surge, with its current price at BTC0.068298. Over the past 24 hours, the token’s price has increased by 31.24%, while it has seen an impressive 66.90% increase over the past week.
This performance is particularly significant compared to the broader cryptocurrency market, up only 1.20%. Furthermore, Impermax outperforms similar Polygon Ecosystem cryptocurrencies, which have shown no significant change.
Moreover, IBEX tokens are available for trading on decentralised exchanges. The most popular platform for buying and trading Impermax is Uniswap V3 (Arbitrum One), where the IBEX/WETH trading pair has recorded a trading volume of $8,087.52 in the last 24 hours. Other notable exchanges include Quickswap and Chronos.
Impermax Finance is proud to announce its full deployment on @Scroll_ZKP .
A promising layer 2, with an ambitious team to address Ethereum's scalability needs.
Right from the start, we're bringing our usual value proposition, high yields, and permissionless leverage.
a🧵 pic.twitter.com/fi2zT5ESHQ— Impermax Finance (@ImpermaxFinance) June 24, 2024
Meanwhile, Impermax (IBEX) ‘s trading volume has also substantially increased. In the last 24 hours, the total trading volume reached $20,478.56, representing a 308.10% rise from the previous day. This sharp increase indicates a significant rise in market activity and investor interest.
Overall, the recent performance of Impermax (IBEX) highlights its strong market presence and growing investor confidence. With its impressive price increase and rising trading volume, IBEX is positioning itself as a notable player in the cryptocurrency market.
3. Chain Port (PORTX)
ChainPort, a permissionless and entirely custodian bridge, is gaining attention in the crypto market. It allows users to port ERC20 and Polygon Native tokens to various blockchains, including BNB Chain, Avalanche, Polygon, Fantom, Moonriver, and Fuse, all without coding or technical integration. This seamless process is facilitated through ChainPort’s user-friendly interface, making it accessible to many users.
However, ChainPort’s native token, PORTX, is priced at BTC0.074478. Over the last 24 hours, its trading volume surged to $252,553.75, marking a significant 1,123.70% increase from the previous day.
This sharp rise in activity indicates growing interest and engagement in the token. Regarding price performance, PORTX has seen a 5.43% increase in the last 24 hours. Over the past week, it has risen by 0.50%, bringing its market cap to BTC7.8616 with a circulating supply of 170 million PORTX tokens.
Compared to the broader cryptocurrency market, which has increased by 1.20% over the past week, PORTX’s performance appears modest. However, it outperforms similar cryptocurrencies within the Polygon Ecosystem, which have shown no significant price movement.
New chain integration alert! ⚡️
ChainPort now supports @rootstock_io, the first Bitcoin layer 2.
With this integration, web3 projects can easily bridge tokens between Rootstock and the other 22 chains supported by ChainPort.
Experience advanced interoperability ⤵️… pic.twitter.com/cMwF60Py8q
— ChainPort (@chain_port) June 20, 2024
The surge in trading volume for PORTX suggests heightened market interest and potential positive sentiment among traders and investors. Increased volume often correlates with higher liquidity, making it easier for investors to buy and sell the token.
What Might Be The Next Top Trending Crypto
Even though it’s the alts season, investors have to make plans for the long term. The crypto market rewards investors who get in early and investors who pick tokens with long-term prospects.
99Bitcoins is promoting the learn-to-earn concept aimed at revolutionising the education industry. Already, 99Bitcoins has built a reputation in the crypto education space. Now, the team is bringing the service on the chain. 99Bitcoins allows users to benefit from taking courses or learning on the platform and offers crypto investors a chance to earn and become holders of 99BTC.
The 99BTC token is the platform’s native cryptocurrency, providing access to several benefits and features. At the time of writing, the token is available on presale for $0.00112. The presale has raised over $2.2 for the project.
Deep-dive into the latest #Bitcoin price analysis and discover what’s in store for $BTC price in the weeks ahead as the German government continues to hammer markets with Bitcoin sell pressure. 📊
Read more: https://t.co/y2SUOeRD6P#99Bitcoins #Crypto #BTC #Trading
— 99Bitcoins (@99BitcoinsHQ) July 2, 2024
Several investors have joined the project’s Twitter and other social media platforms. Several thousand investors are on the waitlist, anticipating the token’s launch. The chance to participate in the presale is still open to all, and investors can find further details on the project’s website.
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