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Meme coin maintains the status of the best-performing cryptocurrencies of this bull run, with several new ones joining the market daily. Despite the sector’s high volatility, Investors’ interest in it remains relatively high.
Today, Ethereum sports a mix of meme coins and utility tokens as the top trending cryptos on the chain. The performance of these projects has given the Ethereum a boost. Thus, the increasing demand across the network has resulted in the steady value of ETH.
Most Trending Cryptos on Ethereum Chain
The increasing number of meme coins arriving on the market makes it more challenging to identify upcoming crypto projects before they become widely available. One key focus of today’s article is to uncover promising projects and help investors update their watchlists. Hence, below is a quick overview of the PlayDoge token.
1. Towelie (TOWELIE)
Towelie (TOWELI) is quickly gaining traction as a leading memecoin on the Ethereum network. The project aims to create a liquidity pool, allocate funds for future DEX/CEX liquidity, and renounce contract ownership to ensure it becomes a community-driven effort after minting.
Today, Towelie (TOWELI) is priced at BTC0.078125, with a 24-hour trading volume of $1,284,456.63. This marks an impressive 117.00% price increase in the last 24 hours, continuing a positive trend over the past week.
TOWELI tokens are primarily traded on decentralized exchanges, with Uniswap V2 (Ethereum) being the most popular. The TOWELI/WETH trading pair on Uniswap V2 saw a volume of $1,283,533 in the last 24 hours. Towelie’s trading volume reached $1,283,533 in the last 24 hours, a remarkable 784.90% increase from the previous day, signaling a significant rise in market activity.
Meanwhile, Towelie is outperforming the global cryptocurrency market, down 5.00%. However, the token lags behind similar Ethereum Ecosystem cryptocurrencies, up 12.70%.
Despite this, the community remains bullish about Towelie (TOWELI), reflecting strong interest and confidence in the token’s potential. As the project develops, its commitment to a community-driven approach and strategic liquidity management positions it well for future growth.
2. Bright (BRIGHT)
BrightDAO’s $BRIGHT token, allocated through airdrops and BrightID-enabled faucets, is experiencing increased market activity. Fairdrops distribute rewards per person rather than per address, ensuring a fair allocation of tokens.
BrightID (BRIGHT) is priced at BTC0.065036 and has a 24-hour trading volume of $1,074.18. Trading activity has surged despite a -2.17% decline in the past 24 hours.
BrightID (BRIGHT) has seen a price decline of -8.40% in the last seven days. This underperformance is notable compared to the global cryptocurrency market, which is down -4.80%. Moreover, BRIGHT is lagging behind other Ethereum Ecosystem cryptocurrencies, which have risen by 12.70%.
The lowest price ever paid for BRIGHT was $0.01648, recorded on March 11, 2023. Despite its recent struggles, BRIGHT’s current price is still 85.60% higher than this all-time low.
BrightID tokens are primarily traded decentralised exchanges, with Honeyswap being the most popular. The WATER/BRIGHT trading pair on Honeyswap saw a volume of $100.18 in the last 24 hours.
BrightID’s trading volume reached $1,074.07 in the last 24 hours, a 134.30% increase from the previous day. This rise indicates growing interest and activity in the market despite recent price declines.
3. Wrapped Hypertensor (TENSOR)
Hypertensor, a peer-to-peer machine learning network, combines BitTorrent and Bitcoin mining elements. No single user controls the network, allowing users to train and fine-tune models freely. They can employ fine-tuning and sampling methods, execute custom paths, or see hidden states within the model.
Today, Wrapped Hypertensor (TENSOR) is priced at BTC0.0001077. Its trading volume in the last 24 hours reached $1,108,940.68, representing a 193.62% price increase. Over the past seven days, TENSOR’s price has surged by 194.94%.
Wrapped Hypertensor is outperforming the global cryptocurrency market, down -5.00%. It is also doing better than similar Ethereum Ecosystem cryptocurrencies, which have seen a 12.70% increase.
TENSOR tokens are available on decentralized exchanges. The most popular exchange for trading TENSOR is Uniswap V2 (Ethereum), with the TENSOR/DAI pair being the most active.
🚀 We're excited to unveil the first Devnet for Hypertensor – Hypertensor Vitalik! 🥳
Named after the pioneer of defi.
Join us in shaping the future of AI as we pioneer the true decentralized AI economy!
— Hypertensor | L1 AI Blockchain (@hyper_tensor) June 5, 2024
The trading volume for TENSOR in the last 24 hours is $1,109,002, marking a significant 6,459.80% increase from the previous day. This indicates a sharp rise in market activity and growing interest in the token. As TENSOR continues to gain traction, its decentralized and user-driven approach to machine learning sets it apart in the rapidly evolving crypto market.
What Might Be The Next Top Trending Crypto
Recently, it’s been rare to find crypto projects with a great combination of an effective team and a driven community. Identifying the next winning memeo coin is even harder as hundreds of thousands of tokens compete for investors’ attention.
Nonetheless, the PlayDoge opportunity is one to watch as the project progresses with the presale offering of its native token. PlayDoge is dubbed the Doge companion Game. It features a friendly Doge gaming experience with a P2E concept.
Thus, users engage with in-app purchases and exchanges through the PLAY token. The project offers investors a chance to purchase PLAY at a discounted price ahead of the token’s launch and listing.
PLAY has attracted over $5 million from investors and is still available for purchase at $0.00513. The current discount is only valid for 2 days, after which the price will increase by a margin.
The investor will likely see the altcoin season return to its full potential in the coming weeks or months. Early investors in high-value projects often benefit the most from the season’s first wave. Further details of the PlayDoge presale and the project’s overall outlook are provided on its Twitter handle and official website.
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