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Discover the hottest cryptocurrencies making waves on the Ethereum blockchain. Stay informed about the latest trends and promising projects shaping the decentralized finance landscape.
The Ethereum blockchain is one of the most popular blockchains in the crypto space, with many projects listed on the platform. With the crypto market showing green recently, several tokens, including PAID Network, EverMoon, and MetisDAO, have all recorded bullish trends.
This price surge has seen these projects rank among other coins on the Ethereum blockchain. We will analyze other factors responsible for this uptrend.
Most Trending Cryptos on Ethereum Chain
Meanwhile, the SEC’s approval of spot Bitcoin ETFs has significantly benefited Bitcoin Minetrix, whose presale recently exceeded $8.3 million. Currently priced at $0.0128, $BTCMTX tokens will see incremental increases as the presale progresses, with the next surge scheduled in three days.
Furthermore, to purchase Bitcoin Minetrix during the presale, investors can easily connect their Ethereum-compatible wallet to the project’s website and acquire $BTCMTX using USDT or ETH.
1. PAID Network (PAID)
PAID Network serves as a comprehensive business toolkit catering to various transaction needs. Unlike traditional legal contract systems laden with complex jargon, PAID introduces SMART Agreements. These are simplified contracts signed on-chain between two business parties in easy-to-understand language.
PAID incorporates escrow, insurance, and a dispute resolution system to enhance the process. Moreover, Escrow acts as an intermediary store of value. It reduces transaction risks, while insurance allows parties to insure contracts against default.
In case of disputes, three arbitrators, selected randomly from the community, arbitrate by staking PAID tokens. Biometrically enabled reputation scoring prevents fraud, allowing users to view transaction histories and feedback.
In addition to these features, PAID integrates DeFi tools like borrowing, lending, and insurance pooling. PAID holders can deposit tokens into liquidity pools, take out loans, and participate in insurance pools—all vetted through the reputation scoring system.
Furthermore, the DAICO model adds a layer of accountability for new projects. It offers investors refunds if projects fail to meet promises. Moreover, PAID’s groundbreaking SMART Agreements and diverse toolkit position it as a viable alternative for domestic and international business transactions.
🌊Breaking Ground in Crowdfunding: Dive into Open Pool#IgnitionV2 has arrived, and with it a #NewEraofCrowdfunding
Here is what you need to know:
🧩 Revolutionising Crowdfunding:
We remove entry barriers, introduce circular token fees, ensure fairness, and enhance… pic.twitter.com/x2f4zxT7nk— PAID NETWORK (@paid_network) January 12, 2024
However, PAID Network outperforms the global cryptocurrency market with a 32.20% price increase in the last seven days. Today, the price of PAID Network (PAID) is $0.3208. This reflects a 25.53% increase in the last 24 hours and a 32.23% increase in the past seven days. With a circulating supply of 250 million PAID, the market cap reaches $79,540,533.
In addition, the trading volume of PAID Network (PAID) stands at $17,327,813 in the last 24 hours, signaling a 170.10% increase from one day ago and indicating a recent surge in market activity.
2. Bitcoin Minetrix ($BTCMTX)
Bitcoin Minetrix introduces a groundbreaking protocol centered on decentralized cloud mining. Users seamlessly engage by staking $BTCMTX for Bitcoin mining credits, converting them into cloud mining power and yielding free Bitcoin. This user-friendly approach eliminates entry barriers, requiring no hardware or technical expertise.
#BitcoinMinetrix unveils $BTC mining opportunities! ⚙️
Cloud mining: Perfect for #Crypto starters!
✨ Simple entry.
💸 Cost-effective sans hardware.
🏙️ No space, noise, or heat concerns.
🔧 Effortless upgrades. pic.twitter.com/idd64UZ3fE— Bitcoinminetrix (@bitcoinminetrix) January 1, 2024
As an Ethereum-based application accessible through wallets like MetaMask, Bitcoin Minetrix taps into a vast beginner-friendly Ethereum user base. Furthermore, $BTCMTX’s central role and carefully crafted tokenomics offer substantial upside potential. Its decentralized and community-owned nature mitigates the risk of cloud mining scams, establishing it as a secure alternative.
Furthermore, the project’s impact on the Bitcoin network is significant, as increased user onboarding enhances network hash power. This fortifies security and facilitates easy passive rewards. With impending Bitcoin halving reducing supply, Bitcoin Minetrix’s rewards become even more valuable.
Allocating 42.5% to mining, 35% to marketing, 12.5% to staking, and 10% to the community, the project’s token distribution suggests strong demand potential post-IEO.
3. EverMoon ERC (EVERMOON)
EverMoon ERC (EVERMOON) positions itself as a vibrant and inclusive community-driven project within the Web3 space. Also, the project emphasizes collaboration, innovation, and the transformative potential of blockchain technology.
With a mission to establish an influential Web3 community, EverMoon strives to create an immersive and nurturing environment where individuals from diverse backgrounds can connect, learn, and unleash their creativity.
Furthermore, the vision of EverMoon centers around empowering individuals to explore passions, share knowledge, and collaborate on projects. It breaks down barriers for people from all walks of life to access the blockchain world.
In addition, EverMoon’s recent impressive price increase of 148.20% in the last seven days reflects the growing interest in its unique features. These features include a revolutionary static reward system, automatic LP filling, and a commitment to secure transactions.
Furthermore, the current price of EverMoon ERC stands at $0.001405. This reflects a 58.52% increase within the last 24 hours and an impressive 148.25% surge over the past seven days.
Excited to announce another #EVERMOON meme competition!
We will select 3 winners who will all receive 200,000 #EVERMOON tokens (~$200 at current prices)
To enter simply :
1) Follow @EverMoonERC with notifications.
2) RT this post.
3) Reply with your most creative memes.GL! pic.twitter.com/9xldpogM8y
— EverMoon (@EverMoonERC) January 12, 2024
However, it’s essential to note that EverMoon ERC’s market cap data is unavailable today due to the unreported circulating supply of EVERMOON tokens. These significant trading volume and price fluctuations highlight a recent uptick in market activity for EverMoon ERC.
While still a newcomer, EverMoon’s dedication to community-building, innovation, and adaptability to investor demands positions it as a promising player in the dynamic crypto landscape.
4. MetisDAO (METIS)
MetisDAO (METIS) tackles the blockchain trilemma by serving as an Ethereum Layer-2 scaling solution to balance decentralization, security, and scalability. Moreover, MetisDAO aids developers in creating and managing decentralized applications (dApps) while supporting the launch of new ones.
Furthermore, the project addresses explicitly Ethereum’s speed, cost, and scalability challenges. Operating on Optimistic Rollups, MetisDAO enables fast and cost-effective transactions on the Ethereum blockchain. Unlike traditional systems storing transaction data on layer 1, MetisDAO stores most data off-chain, significantly reducing storage costs.
Wow that’s crazy https://t.co/qnxoa3JMZl
— Metis🌿 (@MetisL2) January 12, 2024
Furthermore, MetisDAO offers a modular framework. The token empowers developers to build and customize their dApps using the platform’s infrastructure, emphasizing a seamless transition from Web 2.0 to Web 3.0.
Potential use cases for MetisDAO include serving as a Layer 2 scaling solution, a platform for building decentralized autonomous companies (DACs). It also provides a grants program through its DAOTribution Campaign. This program aims to facilitate the creation of DACs on KORIS, with applicants submitting grant proposals for funding through the Metis token.
Furthermore, MetisDAO is developing a Hybrid Rollup, combining optimistic rollup architecture with zero-knowledge proofs. This developer-friendly Layer 2 allows Ethereum developers to deploy various decentralized applications.
However, with a remarkable 24.50% price increase in the last seven days, Metis (METIS) outperforms the global cryptocurrency market (up 5.90%) and similar Ethereum Ecosystem cryptocurrencies (up 12.70%).
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