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Market analysts have highlighted a strong buy signal for Solana (SOL), indicating a possible change in the cryptocurrency market’s current bearish trend. Like other digital assets, Solana has recently struggled to achieve new highs, but this trend may be shifting.
Analysts say the TD Sequential indicator on Solana’s daily chart has identified a crucial buying opportunity. This could lead to a potential price recovery shortly. The anticipated rebound, experts note, is expected to occur within one to four daily candlesticks, as reflected on SOL’s price chart.
Meanwhile, tokens within several networks have also witnessed rallies. This article curates the top trending crypto coins on DEXTools.
Top Trending Crypto Coins on DEXTools
Ethereum on Base ($ETHB) is emerging as a decentralized initiative within the Base network. VNTR integrates decentralized finance (DeFi) with venture capital, offering a unique blend of both. SingularityDAO is introducing an innovative decentralized finance model by merging artificial intelligence (AI) with sophisticated financial strategies.
Memebet distinguishes itself in the meme coin space by combining online gambling with cryptocurrency. Meanwhile, XRP and DOGE led the market gains on Friday, even as Bitcoin dipped below $58K.
1. ETHEREUM ON BASE (ETHB)
Ethereum on Base ($ETHB) is positioned as a decentralized project on the Base network. It aims to uphold Ethereum’s core principles of security, scalability, and decentralization. The project seeks to replicate the impact of Ethereum’s initial coin offering (ICO), providing users with a fresh opportunity to engage in a potentially transformative blockchain project.
In addition, ETHB promotes a community-centric ecosystem. The platform emphasizes the role of its users in driving innovation and growth. It aims to create a collaborative environment that encourages participation while building a strong decentralized finance (DeFi) network.
Meanwhile, ETHB trades at $1.14 after a 414.32% intraday surge. The asset currently shows high liquidity, reflected in its market cap of $674.18K and 24-hour trading volume of $315.86K. With a circulating supply of 744.28K tokens and over 82K holders, ETHB appears to attract significant market interest.
In the short term, the price prediction for ETHB suggests further growth. By September 23, 2024, it is projected to trade between $1.02 and $1.40. If it reached the upper target, the price would increase by 37.07%. Looking ahead to the rest of 2024, ETHB could trade within a broader range of $1.02 to $4.85. If it hits the upper estimate, this would substantially rise by 325.55%.
We are fully integrated with Coinbase Wallet.
Let the swapping begin! pic.twitter.com/IycqjkMWfx— Ethereum on Base (@ETHB_CTO) September 14, 2024
Ethereum on Base presents an intriguing option for those interested in decentralized projects. It combines a strong community focus with the security of the Base network. While the recent price surge and high liquidity are promising indicators, future performance will largely depend on broader market trends.
2. VNTR (VNTR)
VNTR is blending decentralized finance (DeFi) with venture capital. It leverages the Arbitrum network to offer a community-driven investment platform. Its economic structure, governance model, and focus on sustainable value set it apart in the DeFi ecosystem.
VNTR provides clear advantages to its participants. Stakers receive dividends in VNTR tokens, and bonders benefit from price stability and potential token appreciation. This balanced approach supports both short-term profit seekers and long-term investors and offers a flexible framework for growth.
Furthermore, community governance is central to VNTR. Decisions are made through a voting system that ensures transparency and fairness. Although not designed as a stablecoin, VNTR aims to function as an algorithmic reserve currency. Its treasury-backed value remains above a set floor price.
The VNTR token is currently priced at $1.415, with a market cap of $1.03 million. It has a 24-hour trading volume of $6,140. Notably, the price increased by 91.29% on the last day. The circulating supply is 729,700 tokens, all currently in circulation. Liquidity is $19,420, with a total supply that matches the circulating amount.
VNTR DAO presents an interesting model for those exploring the intersection of DeFi and venture capital. Its governance structure and potential token rewards offer unique opportunities for both short—and long-term investors. However, like any DeFi investment, its future success depends on market conditions and continued community participation.
3. Singularity Dao (SDAO)
SingularityDAO represents a novel decentralized finance (DeFi) approach combining decentralized artificial intelligence (AI) and advanced financial strategies. As the DeFi branch of the larger SingularityNET AI ecosystem, it aims to provide broader access to the crypto economy through innovative methods.
One of its key features is the introduction of DynaSets, which are actively managed token baskets. Unlike static investment pools, these collections of crypto assets are adjusted dynamically, utilizing both long and short-trading strategies and applying leverage when necessary. This, in turn, allows for greater flexibility in responding to market fluctuations.
SingularityDAO’s live price currently stands at $79.768, with a market cap of $6.55 billion and a 24-hour trading volume of $831,000. Notably, the protocol has seen a substantial 29,852.17% surge in trading volume over the last day, which reflects increased market interest. Of 85 million SDAO tokens, 82.73 million are in circulation, accounting for 97.33% of the available supply. Additionally, the platform has 15.55K holders and reports a total market capitalization of $6.73 billion.
ASI Alliance Migration Update – Sept 13th
Leading decentralized Physical Infrastructure Network (DePIN) for AI, CUDOS is on the verge of joining the ASI Alliance after its request was approved, pending a community vote. According to the announcement, voting would occur from… pic.twitter.com/sLYS3mMC3i
— SingularityDAO (@SingularityDAO) September 13, 2024
Moreover, liquidity, an essential factor in DeFi, stands at $418.95K, supported by a pooled WETH of 0.6322 and SDAO of 5.23K. Volatility is measured at 1.98%, indicating a moderate level of price fluctuation. Furthermore, transaction activity has been robust, with 289.44K transactions recorded on the platform.
What Might Be The Next Top Trending Crypto?
Memebet is carving a niche in the meme coin sector by blending online gambling with cryptocurrency. It aims to appeal to crypto traders and gambling enthusiasts, particularly those already engaged in the meme coin space. The key offering is the “Memebet Casino,” which allows users to wager on various games using meme coins. The platform’s no-KYC policy stands out, enabling users to start playing by simply connecting their crypto wallets through Telegram.
The casino boasts thousands of crypto-based games and a global sportsbook covering popular sports leagues like the EPL and NBA. Memebet’s strategy is focused on the intersection of crypto gambling and meme coin trading, aiming to capture Telegram’s sizable user base, particularly meme coin traders. This positions Memebet to tap into the expanding but still relatively small crypto casino market.
Though Memebet is in its early stages, it offers incentives like P2E airdrops, rewards tailored to “degen” traders, and VIP perks for those investing in its native token, $MEMEBET. The token, priced at $0.0251, is projected to increase as participation grows, with just a day before the next price hike. So far, the project has raised over $230,000.
In summary, while Memebet is still developing, it presents a unique blend of two growing trends: crypto gambling and meme coins. Its distinctive features attract users and investors seeking a novel form of online entertainment.
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