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The crypto market is arguably leaving the bull market behind as most assets are forced into choppy trends between mid-range. Hence, investors and traders taking in the posting are doing so modestly. This accounts for the drastic drop in trading volume across the board.
Similarly, there’s been a striking reduction in the Solana buzz, with the SOL token losing over 10% of its value in the last 24 hours. Nevertheless, several new and existing projects on the Solana chain are position price actions that deviate from the overall trend in the crypto market.
Top Trending Cryptos on Solana Chain Today
Today’s top trending assets on the Solana chain dominate the gainers list on DEXTools. For example, ApeXit Finance, Playermon, and Atlas DEX have seen significant price increases in the last 24 hours. This article explores each token’s trends and provides insight into their historic market data and prospects in the coming weeks.
1. ApeXit Finance (APEX)
ApeXit Finance has emerged as a powerful tool for managing risk in the Solana ecosystem, allowing users to swiftly close spot holdings. ApeXit simplifies existing positions by consolidating decentralized exchanges, liquidity pools, and tokens linked to non-custodial wallets. This aggregation enables users to complete the task with just one operation, enhancing efficiency and ease of use.
Amidst volatile cryptocurrency markets, ApeXit offers users a swift and convenient method to exchange Solana-based tokens for USDC. This promise addresses the need for stability amidst market fluctuations, enhancing user confidence and usability. In addition, this feature has become increasingly valuable as traders seek stability amidst market fluctuations.
Meanwhile, recent market data reflects ApeXit Finance’s impressive performance. The price of APEX is $0.009192, with a 24-hour trading volume of $1,848.77. Over the last 24 hours, the token has seen a remarkable increase of 54.51%, while over the past seven days, it has experienced a notable rise of 7.05%. This surge in price and trading volume underscores the growing interest and confidence in the APEX token.
Furthermore, APEX tokens are primarily traded on decentralized exchanges, with Raydium being the preferred option for many traders. The APEX/USDC trading pair on Raydium has seen a substantial trading volume of $1,849.76 in the last 24 hours, indicating vigorous activity and liquidity in the market.
The trading volume of ApeXit Finance (APEX) has surged by an impressive 1,593.90% in the last 24 hours. This notable increase underscores the token’s growing popularity and market activity. As investors continue to seek efficient risk management solutions in volatile markets, ApeXit Finance remains a promising option for those navigating the complexities of cryptocurrency trading.
2. Playermon (PYM)
Playermon, an immersive NFT game set in a boundless metaverse, has garnered significant attention with its unique gameplay and community-driven approach. In this virtual space, players embark on thrilling adventures alongside their space companions, known as Playermons. From battling to protect Anchorland to caring for Playermons in their SpaceDen, the game offers various activities to engage players of all types.
What sets Playermon apart are its notable features, including a 10-year tokenomic plan to ensure long-term growth and stability. This strategic approach fosters a strong community, attracting players and investors.
Moreover, players can generate income through gameplay and creativity, earning tokens by participating in various in-game activities. The SpaceDen is a virtual sanctuary for Playermons, providing players with a space to nurture and care for their companions. In addition, players can customize their surroundings with furniture, enhancing their gaming experience with a personalized touch.
Get ready for fiercer battles and sweeter rewards! 🏆🍬
We've heard your feedback loud and clear, and thanks to successful DAO Voting, changes to the Anchorland Top Leaderboard rewards are coming from Top 1-100!
We're shaking up the general reward distribution to ensure a… pic.twitter.com/BJRcmnJaUT
— Playermon $PYM (@playermons) May 10, 2024
The recent surge in trading volume of Playermon (PYM) tokens has reached $349,480 in the last 24 hours. This significant increase indicates a growing interest and heightened activity within the market. This surge is accompanied by a notable increase in the token’s price, with a 78.11% rise in the last 24 hours and a 37.68% increase in the past seven days.
Despite a downturn in the global cryptocurrency market, Playermon has demonstrated resilience, outperforming with a 37.70% increase in the last seven days. This exceptional growth reflects the growing demand for NFT gaming experiences and Playermon’s promising future within the industry.
3. Atlas DEX (ATS)
Atlas DEX, a decentralized cross-chain DEX aggregator, has been making waves in the cryptocurrency market with its unique value proposition and impressive performance.
The token tackles common issues centralized exchanges encounter, including fragmentation, centralization, and counterparty risk. It achieves this by offering a decentralized solution for cryptocurrency trading across multiple chains.
One key feature of the token is its integration with Solana’s Wormhole bridge. This integration enables aggregated liquidity via a user-friendly interface, effectively addressing cross-chain liquidity fragmentation.
With a roadmap that includes integration with Terra and Avalanche, Atlas DEX has already launched cross-chain swaps from Ethereum, Polygon, and BSC to Solana. Furthermore, plans involve launching liquidity pools, integrating more blockchains, and venturing into the NFT marketplace and launchpad.
Meanwhile, Atlas DEX’s commitment to granting traders access to the best prices across multiple exchanges distinguishes it from other platforms. This promise comes without slippage or the requirement to bridge tokens, setting it apart from others. This, coupled with the fast transaction speed on Solana, ensures near-instant execution at low costs and high security.
The ATS token, utilized within the platform, is available for trading on centralized and decentralized exchanges. Gate.io has emerged as the most favored choice among traders among these options. The token is currently priced at $0.007568, with a 24-hour trading volume reaching $20,054.39. In addition, it has experienced a 13.64% increase in the past 24 hours and a remarkable 18.80% increase over the last seven days.
However, with a circulating supply of 61 million ATS tokens and a market cap of $462,044, Atlas DEX has outperformed the global cryptocurrency market by 18.80% in the last seven days and similar Avalanche Ecosystem cryptocurrencies by 5.80%.
What Might Be The Next Top Trending Crypto
Combating the menace of climate change and air pollution is the responsibility of everyone. However, tackling the challenge individually reduces the impact generated compared to a combined effort.
Thankfully, the decentralized capability of blockchain technology makes it easier to curate mass efforts toward tackling global change. The eTukTuk team seized the opportunity provided by cryptocurrency and is on track to creating the ultimate transportation solution to reduce the carbon footprint of the international transportation sector.
Thus far, the project has raised $3 million through the presale offering of the TUK token. With the presale discount offering, investors only have to pay as little as $0.0315 to own the token.
However, the current discounted value is valid for 9 days. After that duration, TUK’s price would increase by a margin. Generally, the inflationary price system of the presale offering benefits early investors. It gives instant ROI to early investors when the project goes live on exchanges.
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— eTukTuk (@eTukTukio) May 10, 2024
In addition to the TUK token, the project has a fun game on the Play Store and App Store. It features the TukTuk taxi, which models the real-world experience of the eTukTuk project. Currently, the platform rewards users who download and play the game. The details of the game reward and other offers from the team and community are available on the project’s website and social media page.
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