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Avax has recorded weak price action despite the overall altcoin price expansion this week. The underperformance has resulted in declining interest in the token, which many investors fear might lead to a further decline in its value.
While Avax performs below expectations, the price movement of tokens within its network is quite different. A handful of these tokens are posting increasing prices, particularly Bright, Towelie, and Wrapped Hypertensor. This article gives an overview of the top trending cryptocurrencies on the Avalanche chain today.
Most Trending Cryptos on Avalanche Chain
Also, the crypto market continues to experience a rising number of new projects and tokens being listed daily. However, some presale projects stand out. Below is an update on the 99Bitcoin presale and how its Learn-to-Earn initiative could change the way people learn forever.
1. OpenBlox (OBX)
OpenBlox, known for its unique character design and customization in the gaming ecosystem, is making waves in the cryptocurrency market. The OBX token, integral to the OpenBlox ecosystem, has seen a notable increase in value recently.
One key aspect that makes OpenBlox stand out is its distinctive character design and the ability for users to customize attributes. These characters can be used across multiple games and even resold as NFTs on a marketplace.
Moreover, the recent performance of OBX’s price has been impressive. Today, the price of OpenBlox (OBX) is BTC 0.099684, with a 24-hour trading volume of $22,795.84. Over the past 24 hours, OBX has increased by 9.82%, and over the last seven days, it has risen by 16.88%. The token’s market cap is BTC 3.5053, with a circulating supply of 3.5 billion OBX.
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🔗 https://t.co/3xupPjjYMB— OpenBlox🔺💙 (@OpenBlox_io) June 22, 2024
Furthermore, OBX’s recent performance is particularly remarkable compared to the broader cryptocurrency market. Over the past week, OBX’s price has climbed by 16.90%, while the global cryptocurrency market has declined by 2.40%. Additionally, OBX has outperformed similar cryptocurrencies in the Ethereum Ecosystem, which has seen an average increase of 12.70% in the same period.
OBX’s trading volume in the last 24 hours has reached $22,795.84, marking a 790.10% increase from the previous day. This surge indicates a recent rise in market activity and interest in the token.
2. Dexalot Token (ALOT)
Dexalot—a decentralized exchange—is gaining attention for combining the look and feel of traditional centralized exchanges with the benefits of decentralization and transparency. Operating on the Avalanche platform, Dexalot uses an on-chain central limit order book for its trading pairs. This allows users to trade ERC20 tokens on the C-Chain against AVAX or other supported ERC20 tokens.
Meanwhile, the price of Dexalot (ALOT) stands at BTC 0.059714, with a 24-hour trading volume of $954,230.05. This marks a 16.90% increase in the last 24 hours and an 11.19% rise over the past week. Also, Dexalot has a circulating supply of 51 million ALOT, resulting in a market cap of BTC 491.0874.
Furthermore, Dexalot (ALOT) has outperformed the broader cryptocurrency market. Over the past seven days, ALOT’s price has climbed by 11.20%, whereas the global cryptocurrency market has declined by 2.50%. In addition, the token has outperformed similar cryptocurrencies in the Avalanche Ecosystem, which has seen an average increase of 5.80% during the same period.
🏗️ Dexalot was designed with the capability to deploy to a new chain within a one day turn time.
Co-Founder @HydrofoilRacer discusses the revolutionary Omni-chain framework he and @the_axol0tl have built. 👇 pic.twitter.com/5CJRTH6CoZ
— Dexalot🔺(💙,🧡) (@dexalot) June 25, 2024
Furthermore, Dexalot’s trading volume has surged. In the last 24 hours, it reached $954,292, representing a 429.20% increase from the previous day. This spike in trading volume indicates growing interest in and increased market activity for the token.
In conclusion, Dexalot (ALOT) is making significant strides in its innovative approach to decentralized exchanges and market performance. With its recent price surge and increased trading activity, Dexalot is a token to watch in the cryptocurrency market.
3. Gamer Arena (GAU)
Gamer Arena, a competitive gaming platform, is making headlines with its Play&Earn model powered by blockchain technology. The platform, active since March 2020, allows 400,000 users to compete in duels and tournaments across 30 mobile, PC, and console games.
At the heart of Gamer Arena is the GAU token, which powers the entire ecosystem. Players use GAU tokens to pay entry fees for competitions and receive GAU as a reward. Additionally, GAU will serve as the currency for upcoming games. Holders of GAU tokens also have a say in the decision-making process regarding platform features and the game’s roadmap.
Today, the price of Gamer Arena (GAU) stands at BTC 0.051018, with a 24-hour trading volume of $616,832.86. This marks a 15.22% price increase in the last 24 hours and an impressive 56.90% rise over the past week. With a circulating supply of 280 million GAU, the platform’s market cap is BTC 284.4812.
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We’re cooking up an incredible new partnership with YouTube.
Stay tuned for the big reveal, it's going to be epic! 🚀🔥 pic.twitter.com/gz4q3m0Jsd
— Gamer Arena (@GAUtoken) June 27, 2024
Over the last seven days, GAU has surged 54.60%, significantly outperforming the global cryptocurrency market, which is down 2.50%. It has also outpaced similar cryptocurrencies in the Avalanche Ecosystem, which have seen an average increase of 5.80%.
This recent price surge and increased trading volume indicate a growing interest and confidence in the Gamer Arena platform. As the platform continues to expand and introduce new features, GAU is positioned to remain a strong contender in the competitive gaming and cryptocurrency markets.
What Might Be The Next Top Trending Crypto
99Bitcoins is bringing a new concept to the crypto ecosystem. In the past, initiatives like Play-to-Earn and DeFi resulted in an overall disruption of the market. However, several narratives have emerged following those mentioned earlier.
More recently, the team behind 99Bitcoins has identified an opportunity in the crypto space and has put the 99BTC token on presale to capitalize on it.
Although the 99Bitcoins project is new to the cryptocurrency market, the brand has been in the training and educational space for several years. The team’s experience and expertise give the platform the edge it needs to deliver value to investors and users.
🎉 Exciting milestone alert! 🎉
We have now raised over $2.2 MILLION in our $99BTC presale! 🚀
Secure your spot now before the #Presale price increases! 👀
Don’t miss out—get started today!
👉 https://t.co/NXD7DAamqr#99Bitcoins #BTC #Crypto #L2E pic.twitter.com/xQC6lg0euI— 99Bitcoins (@99BitcoinsHQ) June 17, 2024
At the time of writing, the 99BTC token is available on presale for $0.00111. The presale is time-bound, which means that early investors have the chance to purchase at a lower price than later investors.
Overall, holders of the token can benefit from the project’s long-term vision and gain unrestricted access to a quality learning experience. The project also offers traders and investors access to exclusive trading signals as part of the added value that comes with the platform. Further details about the 99Bitcoins project are available on the project’s website.
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