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DEXTools remains one of the top crypto research platforms worldwide. Currently, the top-performing cryptos on the platform are populated with memecoins and gaming projects. These tokens are witnessing an increase in funds inflow and have some of the highest social media mentions in recent times.
This article covers a few top trending cryptocurrencies on DEXTools, particularly ones with considerable gains in the last 24 hours. It presents the details of their price movement in the period, including key data that might influence their future performance.
Top Trending Crypto Coins on DEXTools
Also included in today’s post is the special mention of the 99Bitcoins project. A few weeks ago, the 99Bitcoins project launched the presale offering of its native cryptocurrency, the 99BTC token. It has raised about $2 million through the token’s presale offering and is on track to launch an initiative that would likely change the history of education. Further details of the project are included below.
1. Kelp DAO Restaked ETH (rsETH)
Kelp DAO, a decentralized autonomous organization, aims to enhance liquidity, DeFi opportunities, and rewards for restated assets. It is making significant strides in the crypto world by offering a single liquid-staked token for accepted liquid-staking tokens (LSTs).
Today, Kelp DAO Restaked ETH (RSETH) is priced at $3,806.23, with a 24-hour trading volume reaching $7,971,226.45. This marks a 0.21% price increase in the last 24 hours, although the price has slightly declined 0.16% over the past week. With a circulating supply of 300,000 RSETH, the token’s market cap is $1,126,547,904.
Furthermore, the trading volume over the past 24 hours is $7,971,100, showing a 52.40% increase from the previous day. This indicates a growing interest in and activity for the token.
RSETH has had a volatile price history, reaching its all-time high of $27,914 on May 26, 2024, and its lowest price of $2,822.84 on May 1, 2024. Since the all-time high, the lowest price recorded was $3,642.83, while the highest price since this cycle low was $4,044.49.
The market sentiment for RSETH is currently not specified, but the Fear & Greed Index is at 73, indicating a state of greed in the market. This suggests that investors feel confident and are more likely to buy than sell.
2. Truebit (TRU)
Truebit Protocol is revolutionizing blockchain technology with its off-chain execution power. By leveraging game theoretic principles, Truebit enhances on-chain computation power and provides a trustless, secure, scalable consensus on large computations. This is a significant leap beyond what Ethereum can handle today. The protocol also supports easy-to-use programming languages, making it accessible to a broader audience.
Moreover, the TRU token plays a central role in the Truebit ecosystem. TRU tokens are created and destroyed based on demand. Each Truebit task burns TRU tokens, and users can buy or retire TRU tokens using ETH. When users purchase TRU tokens, part of the ETH goes into a reserve escrow, while retire transactions withdraw ETH from this reserve.
Consequently, Truebit Protocol (TRU) ‘s price is $0.2009. In the last 24 hours, the trading volume has reached $352,688.50, though the price has seen a 5.36% decline. Over the past seven days, the price has increased by 0.55%. While Truebit has shown a 0.60% increase in the last week, outperforming the global cryptocurrency market, which is down by 1.20%, it has underperformed compared to similar Ethereum Ecosystem cryptocurrencies, up by 12.70%.
🌐 Introducing 'transparency' as the future of #Web3 verification. Our new technical report examines “transparent systems” and how verification plays a critical role in securing Web3 applications. Read 👉https://t.co/Ja1KC1VYIk
— Truebit (@Truebitprotocol) March 27, 2024
However, there has been a recent decrease in trading activity. The trading volume in the last 24 hours was $352,735, representing an 8.90% decrease from the previous day. This decline in market activity might indicate a temporary dip in interest or trading activity.
3. Vent Finance (VENT)
Vent Finance (VENT) is pioneering the first full-stack Cardano-Polygon community launchpad ecosystem. VENT aims to promote sustainable growth and make decentralized finance (DeFi) accessible to everyone. The platform focuses on simplicity, security, and transparency, enhancing the reputation and maturity of the DeFi space and the broader crypto ecosystem.
VENT employs an innovative Point Allocation System (P.A.S.) to reward long-term holders and enable new users to participate. Social features within the platform allow verified users to interact with each other and exchange ideas with project creators. Additionally, the platform provides a secure environment for trusted transactions and adheres to international regulations. Conversely, VENT offers project support through incubation partners, ensuring a comprehensive support system for new ventures.
Meanwhile, one of the critical features of the VENT platform is its simple, one-time platform-level identity verification process. The platform also offers customer support throughout all stages of registration, KYC, and contributions to project pools.
LE7EL IDO – Entry List & Sale Structure
The entry list for the @le7el_com IDO on Vent is here! ✨
🔹Total Raise: $100,000
🔹Price per token: $0.045
🔹Timeline: June 3 – 5, 2024👉 Check your eligibility: https://t.co/bEa7vlmpfR
📆 LE7EL IDO Schedule: https://t.co/6TrfFcg6hA… pic.twitter.com/qmXI1p5D9Z— Vent Finance (@VentFinance) June 1, 2024
VENT tokens are actively traded on both decentralized and centralized exchanges. The most popular exchanges include Pancakes Wap V3 (BSC), Gate.io, and LATOKEN. The most active trading pair is VENT/BSC-USD, which saw a trading volume of $2,935.80 in the last 24 hours.
Consequently, Vent Finance has experienced a 12.80% increase in trading volume over the past 24 hours, reaching $17,678.19. The current price of VENT is $0.008394, reflecting a 1.36% decline in the last 24 hours and a 6.48% decline over the past seven days. Despite these recent decreases, the circulating supply of 250 million VENT gives the token a market cap of $2,098,407.
What Might Be The Next Top Trending Crypto
Anyone following crypto trends recently would recognize the impressive price actions of newly listed crypto projects. These projects outperform the market by a wide margin and have given investors multiple investment returns.
One of the latest projects to watch this season is 99Bitcoins. The project aims to disrupt how people acquire knowledge of the crypto industry. Beyond teaching the industry’s knowledge, the 99BTC project also promotes the Learn-to-Earn initiative.
The initiative leverages the decentralized technology of the crypto industry to grant effective learning experiences to learners around the world. With 99BTC as the platform’s currency, students from anywhere in the world can earn substantial returns. More importantly, early investors in the 99BTC tokens have an advantage in the short and long run.
Currently, the 99BTC token is available on presale, implying that investors can purchase at a discounted price of $0.00107. It also comes with the staking offer, allowing investors to earn sizeable APY on the staked token. Thus, anyone holding a token can earn passive income before the token is fully launched.
#Cryptocurrency is an emotional rollercoaster. That’s why we love it! ❤️#99Bitcoins #Bitcoin #MemeCoins pic.twitter.com/0RrZh9kjFZ
— 99Bitcoins (@99BitcoinsHQ) June 2, 2024
Along with the APY, investors and traders holding the 99BTC token enjoy unlimited access to trading signals. This would not only give them additional rewards. It would eventually help improve their trading success over time. Several other benefits come with participating in the 99BTC token presale. The details are available on the 99BTC website.
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