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Bitcoin (BTC) is projected to approach a new all-time high in the fourth quarter of this year, as per insights from digital asset research firm 10x Research. The firm suggests that if Bitcoin’s price surpasses the $65,000 threshold, it could trigger the continuation of the bull market.
Similarly, crypto analyst Ali Martinez has highlighted a recurring pattern in Bitcoin’s price movements linked to the market’s realized profit. In a post on X, Martinez illustrated how Bitcoin market peaks over the past seven years have coincided with realized profit trends, including notable instances in March and May of this year. Meanwhile, tokens on the platform have also printed rallies. This article curates the top trending cryptos on Solana Chain today.
Most Trending Cryptocurrencies on Polygon
Swisscheese is emerging as a significant player in the evolving financial landscape by offering a decentralized platform for trading tokenized stocks. Preprints.io, a blockchain-powered platform, aims to improve collaboration between human researchers and AI systems.
Fuse is utilizing smart contracts to deliver cost-effective solutions for entrepreneurs. The upcoming Mega Dice token (DICE) launch has garnered attention within the crypto community, particularly with its scheduled debut on Solana’s Raydium DEX on September 30th. Meanwhile, Caroline Ellison is awaiting sentencing in the FTX fraud case after providing testimony against Sam Bankman-Fried.
1. SwissCheese Token (SWCH)
Swisscheese is positioning itself as a key player in the evolving financial market, offering a decentralized platform for trading tokenized stocks. The platform allows users to purchase fractional ownership in companies like Apple, Netflix, and Meta using a variety of digital assets, including cryptocurrencies and the native SWCH token. This approach lowers traditional entry barriers and improves market access while reducing transaction costs.
By tokenizing stocks, Swisscheese provides users enhanced opportunities to diversify their investments. Moreover, the platform enables seamless trading of tokenized shares, leveraging blockchain technology to offer liquidity, convenience, and broader accessibility. As a result, users can experience some of the benefits of the traditional stock market while tapping into digital assets’ unique advantages.
As of September 24, 2024, Swisscheese’s SWCH token is valued at $1.104, with a market cap of $13.53M and a 24-hour trading volume of $31.56. Additionally, 12.19M SWCH tokens are in circulation out of a total supply of 120M. The token has shown significant growth recently, with a 139.20% increase in trading volume over the past 24 hours. Furthermore, the platform is forecasted to continue this positive trend, with predictions estimating the SWCH token price could rise to $2.03 by late October 2024.
"🚀 Exciting news for #SwissCheese lovers! 🧀 4 new listings are on the way, bringing even more opportunities for our community! Stay tuned for updates and get ready for the next big move! 💰 #SWCH #CryptoListings #StayTuned #BigThingsComing" pic.twitter.com/4Br0lGaXTv
— Swisscheese finance (@Swisscheese_fn) September 25, 2024
In summary, Swisscheese is making strides in democratizing stock trading by integrating blockchain technology. It provides users with greater flexibility and additional opportunities for portfolio diversification. Although the platform has experienced recent growth, it is essential to remain mindful of the inherent risks linked to market volatility.
2. Preprints.io Token (PRNT)
Preprints.io is a blockchain-based platform that enhances collaboration between human researchers and AI systems. By offering a decentralized ecosystem, it enables research to be funded, conducted, published, and monetized using blockchain technology. By integrating AI and human creativity, Preprints.io seeks to advance the research process with a co-creative approach that promotes innovation and efficiency.
The platform’s heart is its permissionless preprint application, specifically tailored for blockchain-related research. Users can publish their work as NFTs, facilitating tokenization and monetization via the Ocean Protocol. This process not only ensures the permanence and accessibility of manuscripts but also provides researchers with alternative ways to derive value from their contributions.
Moreover, Preprints.io offers a unique Preprint-to-Product grants system to transform research into real-world applications. Through these grants, researchers can connect with developers to create products based on their preprints, ensuring their work makes tangible contributions to society and industry.
From a market perspective, the PRNT token is currently priced at $0.0107, with a market capitalization of approximately $540,000. The platform has experienced significant growth, with trading volume increasing by over 147% in the past 24 hours. With its full supply of 50 million tokens in circulation, PRNT serves multiple purposes within the ecosystem, including governance and incentivizing participation.
3. Fuse Token (FUSE)
Fuse is leveraging smart contracts to offer entrepreneurs cost-saving solutions. The platform enables users to customize contracts that define their community and associated policies. Once configured, entrepreneurs can easily integrate a ready-to-use application that operates seamlessly without revealing its cryptocurrency backbone.
This structure eliminates the need for custody of assets and data, lowering the entry barrier for business owners who want to launch new services incorporating payment functionalities. Consequently, local entrepreneurs can focus more on promoting their services rather than investing significant resources in development, paying for cloud providers, and handling complex regulatory requirements.
Currently, the live price of the Fuse Token (FUSE) is $0.0228, with a market capitalization of around $53.33K. It has a modest 24-hour trading volume of $12.53, though it has experienced a 71.13% increase over the last 24 hours. Fuse has a circulating supply of 2.29 million FUSE tokens, which matches its total supply, further highlighting the token’s full distribution.
Fuse has integrated with @Orbiter_Finance's decentralized cross-rollup bridge! 🛸
You can now bridge $ETH and $USDC to Fuse with fast, cheap and transparent cross-chain transfers across 50+ L2s.https://t.co/UBLpeVkjJt
— Fuse Network (@Fuse_network) September 20, 2024
Moreover, the platform has a liquidity pool of $16.1K, and the total number of holders is 11.86K. With 100% of the total supply in circulation, Fuse has facilitated over 180,000 transactions to date. Additionally, the pooled assets include 0.0272 WETH and 704.19K FUSE, representing 30.75% of the pool, indicating a relatively stable trading environment given the token’s low volatility of 0.000037758.
What Might Be The Next Top Trending Crypto?
The upcoming Mega Dice token (DICE) launch is generating considerable interest in the crypto community, especially with its exchange debut scheduled for September 30th on Solana’s Raydium DEX. This event comes as the GambleFi sector gains momentum, potentially offering favorable returns for investors. Those participating in the presale can claim their tokens by connecting their wallets to the project’s website when the token lists are available.
Industry analysts are paying close attention to Mega Dice, with some, like Umar Khan, calling it a promising GameFi token on Solana. The presale has already raised nearly $2 million, attracting contributions from high-profile investors and signaling confidence in the project’s potential.
Mega Dice’s growth has drawn comparisons with major players like Rollbit, a crypto casino token with a $200 million market cap, and it is seeing renewed interest from smart money. The strong financial performance of both Mega Dice Casino and Rollbit highlights the profitability of the crypto casino model, with Mega Dice reportedly generating monthly revenues exceeding $50 million.
What sets Mega Dice apart is its emphasis on transparency and regulation. Launched in 2023, it became the first licensed casino to operate on Telegram and holds a gaming license from Curaçao. Additionally, the project undergoes regular audits to maintain security and trust.
$DICE Launch on Raydium 🚀
We’re excited to share that $DICE will officially launch on Raydium DEX on September 30th at 15h00 CET! 🎉
Get ready for the next big step in #GameFi on #Solana as we bring you unparalleled opportunities and exciting rewards, including exclusive… pic.twitter.com/qvAND54tbk
— Mega Dice Casino (@megadice) September 20, 2024
Mega Dice plans several initiatives to drive adoption, including an ongoing $750K airdrop and introducing futures trading with up to 1,000x leverage. The team also aims to boost visibility by partnering with influencers.
While the token’s future remains uncertain, the current trends and strategic moves indicate that DICE may be positioned for substantial growth, particularly as the GambleFi sector evolves.
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