Top Trending Crypto Coins on DEXTools - Lola, DAOMATIAN, Open Exchange Token

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DEXTools is throwing up lots of crypto assets as gainers and hot pairs to be traded in the market. This is the platform’s way of making sure investors see all categories of crypto assets, whether old or new. Today’s trending cryptos on DEXTools show us, as always, that the crypto market is no respecter of projects’ longevity.

The crypto market is a place where assets scale to any height irrespective of their newness. If older crypto projects in the market do not take heed, they may quickly get outrun by the newer ones. The top trending cryptos have a touch of both old and new and we shall examine just a few of them.

1. Lola (LOLA)

The #1 trending crypto we want to consider here is Lola (LOLA) which plans to redefine the future of crypto. The memecoin developers built the project on the belief that the community should be empowered. They also believe that token holders should be offered innovative opportunities.

It is for this reason that the development team developed a staking program that lets users earn rewards just by staking their LOLA tokens. When LOLA is staked, according to the team, the holder becomes actively involved in maintaining the network’s token integrity. For that level of contribution, the Lola platform gives stakers a reward of 1% of their stakes every day.

They explain that if a user stakes a million LOLA tokens, they will receive 10000 more LOLA tokens after 24 hours. The rewards are calculated by the network automatically and updated to the user’s staked balance. By this, it ensures that the process is seamless.

The beauty of Lola’s staking protocol is in its accessibility to everyone and its simple user experience. Staking LOLA tokens is straightforward for either experienced token traders or novices. Users earn rewards with a few clicks and begin to watch how their assets grow.

It does not end there, however. Users can also unstake their tokens whenever they desire for flexibility’s sake. Lola is not a locked staking platform so users can adjust their staked amounts and withdraw at will. Lola also promises to be accountable and transparent with investors’ funds. This is one of the most crucial parts of any cryptocurrency platform or investment.

These features are set to make LOLA one of the top trending coins in a few weeks when it gains more traction than it currently has.

2. Open Exchange Token (OX)

Open Exchange Token is built on a platform Open Exchange, which is the first exchange to trade in crypto spots, claims on public order books, and derivatives. The exchange’s objective is to create another standard that will bring up an accessible and transparent financial world. The platform helps investors and traders who seek credible exchanges to have an experience of a fair financial market.

Open Exchange says it offers an opportunity to those who suffered losses in crypto crashes to rebuild their fortune. The platform points to the fact that more than $20 billion worth of claims are trapped in some bankruptcy cases such as Mt Gox, FTX, Genesis, Voyager, BlockFi, 3AC, Celsius, and a host of others.

Open Exchange solves this problem by providing tokenized claims to be traded on order books. These order books can also be taken as collateral to trade cryptocurrency futures.

Open Exchange was launched on the 3rd of April, 2023 as the first exchange to trade claims and crypto. The Exchanged launched its native token, OX, on the 31st of May. it also launched a governance and staking platform it calls The Herd along with a claims trading platform for Celsius.

DEXTools Hot Pairs chart

The team said further that after Celsius, they plan to launch an FTX claims platform in June. they plan to offer claims trading for other bankrupt crypto platforms as much as they are available.

The Herd, on the other hand, is a staking platform for users to stake their OX and it has been made open to all users. To expatiate on the utility of the OX token, the platform says it is a new token model at the heart of the network.

OX is said to disrupt the regular centralized exchange token incentive model by coming up with a discount for staking fees. The model is designed to align traders and exchanges together through a dynamic and democratic process. All users potentially have the opportunity to receive as high as a 100% discount on their staking fees forever. This is dependent on the OX tokens they stake.

All these will inevitably make OX the most trending crypto as it utilizes its mother platform.

3. DAOMATIAN (DAO)

DAOMATIAN happens to be the first decentralized autonomous organization (DAO) that was launched on Ethereum’s blockchain.

The platform is designed to pull all communities and leaders in the crypto space together for a common course. The main goal of this is to build a safe space that brings everyone to work together. Ultimately, it is to develop an environment safe enough for traders to buy both utility projects and memecoins at once.

What Might Be The Next Top Trending Crypto?

DEXTools with all its display of prominent and promising coins does not display them all eventually. Presale tokens are not featured on the platform yet, nevertheless, they are raking in a lot of investments as we speak.

Presale tokens, for those who do not know yet, are not your regular on-exchange crypto assets that can be bought on just about any crypto exchange. They are special opportunities for investors to buy at a cheaper rate before it hits the open market.

We like to assess how DeeLance is fairing in its presale phase lately.

The DeeLance platform is a revolutionary one that brings together the power of blockchain technology and the freelancing job market. Its plan is to give freelancers more security, flexibility, and transparency.

When blockchain technology is leveraged, DeeLance will be able to offer freelancers a decentralized and streamlined space to search for jobs. They will then have all their contracts and transactions safely recorded and saved on the blockchain.

This lets users have more efficient and secure systems to receive payments and also a place to improve their job matches. Furthermore, DeeLance’s integration with the blockchain gives room for greater contract flexibility and payments. It, therefore, gives employers and freelancers a unique level of control when dealing with one another over the terms of their contracts.

These features help DeeLance to transform the entire jobs and freelancing space. It, then, creates an efficient and secure space for job freelancers and their employers.

The platform’s presale has now raised more than $1.3 million so far at it is about to round up the 4th stage of the presale. There are only 4 days left to the end of the 4th stage and investors are hugged by the DeeLance platform to buy into the ongoing presale.

Currently selling at $0.038, DeeLance’s native token, DLANCE, will sell at $0.057 when it is listed on exchanges.