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This article will explore the Uniswap market, focusing on the most trending coins: Coinhound, Troll, and Pepe. The combined volumes of these tokens dominate the market, providing valuable insights into current trends and trading activities.
Uniswap is the largest decentralized crypto exchange with a market of $4.02B. It is the primary platform for new and trending coins. Traders and investors actively track Uniswap to discover the latest token listings. They want to seize opportunities for high-value investments before they surge.
To navigate Uniswap effectively, crypto traders must identify the key coins on the exchange. This guide will spotlight three of the most trending tokens on Uniswap.
Most Trending Cryptos on Uniswap
Despite the introduction of Uniswap v3 over two years ago, v2 remains highly popular. It boasts an impressive $1.8 billion in total value locked. Uniswap unveiled the draft code for the v4 DEX on June 13, 2023. It introduces exciting features such as on-chain limit orders, automatic deposits to lending protocols, and auto-compounded liquidity provider (LP) fees.
One of the largest decentralized exchanges, Uniswap boasts an impressive total value of $4.43 billion and an annualized protocol revenue of $940 million. However, shortly after its May 2021 launch, Uniswap v3 achieved a remarkable milestone by surpassing Bitcoin (BTC) in daily fee generation. At that time, the daily revenue soared beyond $4.5 million, marking a significant achievement shortly after its introduction to the market.
1. Coinhound (CND)
Coinhound is a dApp and digital companion in the Web 3.0 decentralized landscape. The token addresses crucial challenges in understanding and utilizing blockchain data.
Furthermore, the project introduces GameFi elements, making data exploration an engaging experience. Coinhound aims to enhance user performance in crypto by focusing on education through rewards and incentives.
The token’s team recently launched their wallet scanner and tracker. These tools aim to help users scan wallets and discover their performance in a way they can understand. They can also effortlessly track well-performing wallets with a single click and receive prompt notifications directly.
In addition, Coinhound scans classifies, and tracks blockchain data, empowering users to make informed decisions. The necessity arises from the complexity of deciphering blockchain transactions, a time-consuming process given the numerical nature of the data.
Furthermore, Coinhound’s unique proposition lies in its ability to transform this numerical haystack into meaningful insights. This provides a user-friendly interface to comprehend wallet safety, profitability metrics, and historical records.
A BIG announcement is coming soon for Coinhound users. 🤯
Firstly, we want to express our gratitude for the patience exhibited by the resilient Coinhound community. Your trust has always motivated the Coinhound team to continuously deliver more for its users.
Today, we are… pic.twitter.com/Fnf2YWWyTC
— Coinhound (@coinhoundio) January 16, 2024
With machine learning at its core, Coinhound goes beyond conventional metrics. The token offers deep insights and predicts token value fluctuations based on previously overlooked factors. Remarkably, it introduces GameFi elements, making data exploration an engaging experience.
Coinhound aims to enhance user performance in crypto by focusing on education through rewards and incentives. Its mission is clear: to contribute to a decentralized world that is both safer and smarter, enhancing transparency for investors. Ultimately, Coinhound creates an informative and enjoyable ecosystem, whether you’re an investor, trader, or researcher.
2. TROLL (TROLL)
TROLL positions itself as a participant in decentralized finance, presenting a unique fusion of cryptocurrency and meme culture. With a notable 1,590.80% surge in the last seven days, TROLL stands out against a downturn in the global cryptocurrency market.
Furthermore, the project differs from the market average and similar Ethereum Ecosystem cryptocurrencies. This childhood meme reincarnated into the crypto world seeks to revive the joy and humor of memes while fostering a secure and engaging community space.
In addition, TROLL’s mission revolves around revitalizing meme coins. The project emphasizes inclusivity through a stealthy launch devoid of presale. It also includes zero taxes and a renounced contract with a burned liquidity pool.
Furthermore, the project’s commitment to meme culture and a decentralized ethos suggests a genuine attempt to build a more connected and entertaining world. However, potential investors should carefully consider the volatile nature of meme-driven assets. Considering the recent significant price increase, they should conduct thorough research on informative investment.
3. Pepe (PEPE)
Pepe Coin ($PEPE) emerged as a meme coin on the Ethereum blockchain, gaining traction since its April 2023 launch. Despite price volatility, numerous investors acquired the coin on major crypto exchanges.
Moreover, PEPE incorporates a burning mechanism that regularly removes some coins from circulation. It aims to uphold scarcity even with the coin’s maximum supply.
Furthermore, the Ethereum blockchain supports PEPE, which utilizes the Proof-of-Stake (PoS) consensus mechanism. In this system, decentralized validators stake 32 ETH to process transactions and contribute to the network’s maintenance.
In August 2023, concerns arose as an undefined amount of $PEPE tokens inexplicably moved from the project’s wallet to CEXs. This led to a decline in the coin’s price.
However, despite reassurances from the Pepe community in September, the price continued to drop. October saw a turnaround by introducing new advisors and token burning to enhance scarcity.
A BIG announcement is coming soon for Coinhound users. 🤯
Firstly, we want to express our gratitude for the patience exhibited by the resilient Coinhound community. Your trust has always motivated the Coinhound team to continuously deliver more for its users.
Today, we are… pic.twitter.com/Fnf2YWWyTC
— Coinhound (@coinhoundio) January 16, 2024
However, Pepe 2.0, reportedly created by blocked individuals from the original project, presented a 1% transaction tax. This limited acceptance and popularity.
The new roadmap needs more clarity on community partnerships or Tier 1 exchange listings. As a meme coin, PEPE’s primary purpose is as a digital asset with a transparent no-tax policy.
The PEPE/USDT trading pair on Gate.io boasts a robust trading volume of $3,173,762 in the last 24 hours. Other notable platforms facilitating Pepe trading include MEXC and Binance.
The lowest recorded price for Pepe (PEPE) stands at $0.075514, documented on April 18, 2023, approximately nine months ago. The current price reflects a significant increase of 2,082.48% from the all-time low price, indicating notable market dynamics.
Despite a recent -94.40% decrease in trading volume in the last 24 hours, which signals a temporary dip in market activity. The overall trading volume for Pepe (PEPE) remains notable at $62,098,689.
What Might Be The Next Top Trending Crypto?
Launchpad XYZ addresses a significant challenge in the Web3 space – mass adoption. Navigating Web3 can be overwhelming for new users, whether purchasing crypto tokens, exploring NFTs, or engaging in crypto games.
However, despite numerous crypto apps, mass adoption remains a distant goal. Launchpad XYZ aims to expedite this process by offering an all-encompassing Web3 portal. This provides users with an unbiased view of crypto tokens, NFT collections, crypto games, presale projects, and fractionalized assets.
📊 We're on the home stretch with only 7 days left in the #LaunchpadXYZ presale!
Join us and be part of something big! #LaunchpadXYZ #Approved #Web3 pic.twitter.com/5SnlSe1oK1
— Launchpad.xyz (@launchpadlpx) January 17, 2024
The platform includes a Web3 wallet, a decentralized exchange, and a trading terminal. This Leverages artificial intelligence (AI) for retail and multinational users.
While some functionality is expected in late 2024, its alpha Telegram signals group has reportedly delivered significant gains. Developed by a doxxed and KYC-verified team with extensive industry experience, Launchpad XYZ’s presale raised over $2 million.
The LPX token, priced at $0.0445 with a 20% bonus for new buyers, has 25% (250 million) available in the presale, featuring no vesting period and a $12.5 million hard cap out of the 1 billion LPX in circulation.
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