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Today’s trends in the crypto market are not typical of what is obtainable on weekends. The global crypto market cap is up by about 1%, driven mainly by the activities of the top trending cryptocurrencies. Also, bitcoin is trading above $69k after an aggressive week-long pushback from the bears.
The market’s upbeat sentiment shows that last week’s price pump might continue into the coming week. The prospect is reinforced by the increasing inflow of funds into the market. Moreover, institutional buyers like Blackrock have continued increasing their Bitcoin positions as they now consider the asset a viable long-term strategy.
Top Trending Crypto Coins on DEXTools
Besides the optimistic trends of the top trending cryptocurrencies, there are also other activities that investors must watch in the new week. One such factor is the arrival of new projects in the market and the increasingly impressive performance of upcoming projects. Today’s post includes the special mention of the Scotty the AI presale, which we’ll cover later in the article.
1. Materium (MTRM)
Materium, also known as Mirandus, offers players absolute freedom without maps or quest givers. In this immersive world, players can venture into the wilderness, join monarchs as knights, or establish themselves in one of the five citadels. Avatars play a central role; players can enhance their experience by purchasing exemplar avatars with unique powers.
Materium (MTRM) is priced at $0.172415, marking a 20.08% increase in the last 24 hours. Over the past year, Materium’s price has seen a 1% increase. Furthermore, MTRM tokens are available for trading on decentralized and centralized crypto exchanges.
Trading above the 200-day simple moving average, Materium has experienced 18 green days in the last 30 days, indicating positive market sentiment. Moreover, the top-performing year for Materium was 2023, with an 87.84% increase in price.
The most commonly used exchange for purchasing and trading Materium is Uniswap V3 (Ethereum). The most active trading pair on this exchange is MTRM/WETH, which has seen a trading volume of $23,776.78 in the last 24 hours. Other popular options include LBank and MEXC.
One of our concept artist just cooked this absolute banger for a new zone we’re building.👨🍳🔥 #gamedev #gameart pic.twitter.com/Hlq1mSzHIY
— Mirandus (@MirandusGame) March 6, 2024
Materium’s worst-performing year was 2022, when its price dropped 9.47%. The average yearly growth over the last three years is 39.18%, showcasing consistent positive performance. Typically, Materium excels in Q1 with an average gain of 125.59% and struggles in Q3 with a -40.39% loss.
In summary, Materium displays a resilient performance, aligning with positive market trends, and its unique features contribute to the dynamic Mirandus gaming experience.
2. Sparko (SPARKO)
Sparko Coin pays tribute to the legendary mechanical marvel Sparko, inspired by Westinghouse’s creation in 1940. The token symbolizes loyalty and companionship within the crypto community, echoing Sparko’s sleek design and electronic eyes.
Despite the narrative’s tragic elements, Sparko Coin emphasizes the legacy of loyalty and dedication, thus embodying community support and resilience in the crypto world. In addition, Sparko Coin represents the fusion of technology and human emotions, showcasing loyalty, support, and shared experiences in the crypto landscape.
The current price of Sparko (SPARKO) is $0.3598, with a 223.83% increase in the last 24 hours and a 550.66% rise in the past seven days. Sparko outperforms the global crypto market, up 11.50%, and similar Ethereum Ecosystem cryptocurrencies, up 12.70%.
Trading on decentralized exchanges like Uniswap V2 (Ethereum), the most active pair is SPARKO/WETH, with a trading volume of $127,682 in the last 24 hours. The recent surge in trading volume, a 992.70% increase, indicates heightened market activity.
3. Worldcoin (WLD)
Worldcoin (WLD) is experiencing significant developments and challenges. Despite setbacks like Elon Musk’s lawsuit against OpenAI, which is linked to Worldcoin, the market remains positive due to continued confidence from long-term holders and major investors. Furthermore, recent data shows wealthy crypto investors acquiring additional WLD tokens, indicating strong investor trust.
However, regulatory hurdles in Spain regarding data collection practices, especially biometrics, must be addressed. Despite legal issues, Worldcoin emphasizes compliance with regulations like GDPR and has filed a lawsuit against Spain’s data protection agency. Concerns about data usage for personalized marketing have led to investigations in other countries like France and Germany.
Despite these obstacles, Worldcoin’s price surged by 45%, surpassing $10. It indicates investor satisfaction with recent announcements and confidence in overcoming legal challenges. Currently valued at $10.59, Worldcoin demonstrates robust trading activity and significant growth over the past week and month.
Privacy is paramount & ZKPs play a crucial role in protecting it. pic.twitter.com/zp5zoEuCBq
— Worldcoin (@worldcoin) March 9, 2024
Worldcoin has increased 14.33% in the last 24 hours. With a market cap of $1.57B and market dominance of 0.06%, Worldcoin is a robust player in the Ethereum (ERC20) Tokens sector, holding the 20th rank. In addition, the token has experienced 20 green days in the last 30 days, reflecting positive market dynamics.
In summary, Worldcoin is undergoing a pivotal moment amidst challenges and developments. With ongoing support from its community and promising advancements ahead, the future appears bright for this innovative cryptocurrency.
What Might Be The Next Top Trending Crypto
Scotty the AI is out to secure humanity’s digital future. Presently, almost every sector of the economy is at a crossroads. Most importantly, the human race is gradually getting closer to the much-anticipated singularity age, where the interface between humans and machines is unified.
What this means is that cyberspace becomes more integrated into human consciousness. One of the trends that indicates the coming of age is the growing interest in artificial intelligence technology.
However, with the growing interest in AI also comes the fear of the danger it holds. There are questions about the security and future of humans. Hence, teams of experts are thinking ahead of the curve, and they’re launching blockchain-based projects to forestall potential challenges.
Scotty, the AI is bringing a new perspective to how projects are designed and deployed. It blends utility with meme culture. Hence, it can capitalize on the current drive for AI superiority and the degen culture of community-based crypto tokens.
At the time of writing, the native cryptocurrency of the project is available on presale at $0.01. The price would increase in the next nine days, and after the hard cap is raised, the price will likely increase infinitely. Anyone who wishes to leverage the growing interest in the AI trend and meme rally can do so by holding a single token: SCOTTY.
💥Presale Update!💥
ScottyTheAi #1 #memecoin (w/Ai utility) of 2024$SCOTTY has raised $6.0M
🎉 this was raised way faster than expected due to the high demand of the crypto community wanting to join ScottyTheAi.
Well on our way to closing out presale early and heading for… pic.twitter.com/shJ3UfVPLI
— Scotty The Ai (@ScottyThe_Ai) March 10, 2024
While the project’s future depends mainly on the vibrancy of the team and the community’s commitment, there are signs that Scotty the AI has a chance of becoming a winner when it goes live on exchanges. One of the obvious indicators is the rate at which it is pursuing its presale milestones.
In less than 90 days of the presale offering, hundreds of investors have committed over $6 million to the project. The numbers indicate that the project is more likely to become a force to reckon with. Investors and traders can check the project’s presale page for additional information about its features, tokenomics, and offerings.
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