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Bitcoin is currently in a consolidation phase of its currency cycle, and many anticipate a leg up to its ATH after these sideways trends. If Bitcoin makes it out of the consolidation to the upside, investors can expect the altcoin season to reach full momentum. Thus, investors still have a high chance of earning a significant ROI from the crypto market.
DEXTools remains one of the prominent tools for information gathering about assets in the crypto market. We’ve compiled and summarized the market data and price actions of the top trending cryptocurrencies on DEXTools. It should help investors streamline their market research and portfolio watchlist,
Top Trending Crypto Coins on DEXTools
Along with analyzing the top trending cryptocurrencies on DEXTools, we’ve also included a special mention of the Mega Dice presale. The project offers an opportunity to tap into the growing crypto casino sector. With DICE, which is the native cryptocurrency of the platform, investors stand a chase of raking in returns when the project finally matures.
1. Husky Avax (HUSKY)
Husky Avax (HUSKY) has made significant waves in the cryptocurrency market since its stealth launch on May 12, 2021, on the Avalanche C-Chain. This token features locked initial liquidity, a hard-capped supply, no team allocation, and no airdrops. These attributes, combined with Avalanche’s fast, cheap, secure, and environmentally friendly transactions, make HUSKY an attractive option for investors.
Today, the price of Husky Avax (HUSKY) is $0.078892, with a 24-hour trading volume of $525,238.75. In addition, HUSKY’s price surged by 90.02% in the last 24 hours and 74.33% over the past week. With a circulating supply of 88 trillion HUSKY, the token’s market cap is valued at $7,859,414.
Moreover, HUSKY has outperformed the global cryptocurrency market, which saw a 7.40% increase, and similar Avalanche Ecosystem cryptocurrencies, which rose by 5.80% in the last seven days. This impressive performance highlights HUSKY’s growing popularity and potential in the market.
Furthermore, investors can trade HUSKY tokens on decentralized exchanges. The most popular platform for trading HUSKY is Pangolin, where the HUSKY/WAVAX trading pair saw a volume of $239,635 in the last 24 hours. Other notable exchanges for HUSKY include Trader Joe V2.1 (Avalanche) and Trader Joe.
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The recent increase in trading volume, up by 1,609.60% in the last 24 hours to $525,239, signals a rising interest in HUSKY. This surge in market activity reflects growing confidence and enthusiasm among investors for this unique token.
2. Liquid Staking Derivatives (LSD)
Liquid Staking Derivative (LSD) offers a unique approach to staking by maintaining liquidity through derivative tokens. These tokens let you keep earning passive income while exploring other DeFi opportunities. Staking protocols typically offer passive income, but they lock up your assets.
Currently, the price of Liquid Staking Derivative (LSD) stands at $0.0306, with a 24-hour trading volume of $349,788.67. Despite a significant 44.93% decline in price over the last 24 hours, LSD has seen a remarkable 119.76% increase over the past seven days. Unfortunately, the market cap for LSD remains unknown as its circulating supply is not reported.
In the last week, LSD has outperformed the global cryptocurrency market by 7.80% and similar Ethereum Ecosystem cryptocurrencies by 12.70%. This impressive performance highlights LSD’s potential in the market.
LSD tokens are available for trading on both decentralized and centralized exchanges. The most popular platform is Uniswap V2 (Ethereum), where the LSD/WETH trading pair has seen a volume of $60,025.78 in the past 24 hours. Overall, the trading volume of LSD has surged by 587.80% in the last 24 hours, reaching $349,789. This indicates increased market activity and interest.
LSD reached its highest price of $2.25 on March 5, 2023, and its lowest price of $0.006465 on September 8, 2023. This wide range of price movements shows the token’s volatility. Despite recent price drops, its strong performance over the past week and significant trading activity suggest a growing interest and potential for future growth.
3. Efinity Token (EFI)
Efinity, a next-generation NFT blockchain developed by Enjin on the Polkadot network, is making headlines with its recent developments and market performance. The platform had previously secured over $18.9 million in a private sale to fund its growth, marking a significant milestone.
While JumpNet ensures compatibility, Efinity focuses on scalability and accessibility, promising 700 to 1,000 free transactions per second (TPS). This innovation aims to make NFT transactions faster and more efficient. Additionally, Efinity introduces staking for Enjin Coin token users, offering rewards in EFI for staking ENJ. NFTs held in wallets will be auto-staked, providing passive income to their owners.
The price of Efinity (EFI) is $0.07006, with a 24-hour trading volume of $560.19. Despite a 7.77% price decline in the last 24 hours, EFI has seen a 15.16% price increase over the past week. The circulating supply is 87 million EFI, with a market cap of $6,090,248.
In the last seven days, EFI’s price has risen by 15.20%, outperforming the global cryptocurrency market, which is up 7.60%. It also surpassed similar Ethereum Ecosystem cryptocurrencies, which are up 12.70%. Moreover, the trading volume of EFI surged by 190.40% in the last 24 hours to $560.38, signaling increased market activity and investor interest.
These developments indicate confidence in Efinity’s potential to revolutionize the NFT space. As the platform continues to evolve, it offers both developers and users new opportunities to engage with NFTs in a more scalable and accessible manner.
What Might Be The Next Top Trending Crypto
There’s always a time in crypto when investors can earn live-changing returns on investment. Usually, it starts with the emergence of a new trend in the crypto market. Currently, the casino narrative is becoming one of the trends to watch as crypto investors seek to tap into the multimillion-dollar sector.
Mega Dice is a new space project with the aim of becoming a player in the sector. The Maga Dice platform has operated in the traditional casino space for many years. There are claims that it receives over ten thousand users worldwide. It’s further stated that Mega Dice processes over $50 million monthly wagering funds.
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The Proven track record and financial stability of the project testify to the potential of the Crypto casino project toward long-term sustainability. Hence, it is offering crypto investors the opportunity to be a part of the movement and push the crypto casino space forward. Anyone can participate in the future of cryptocurrency with the DICE token currently on presale.
At the time of writing, the project’s native cryptocurrency, DICE, is available on presale at $0.075. And so far, it’s raised nearly $1.7 million. Inventors still have a chance to participate in the presale. The details of how to invest in the project are available on the project’s website.
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