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Since the start of the bull market, the Solana chain has been one of the most dynamic ecosystems in the market. At the peak of the bull run, the chain experienced a substantial rise in transaction volume, which led to the reported glitches.
Interestingly, a recent update from the platform reveals that the Solana devs have devised a viable solution to the platform’s challenges. Hence, the crypto community might see a rebirth of the Solana trends. In the meantime, this post explores the top trending crypto tokens on the Solana chain. It covers essential market trends of each cryptocurrency and back data to help investors understand what led to its current price action.
Top Trending Cryptos on Solana Chain
On the other hand, today’s post includes information about the upcoming cryptocurrency project Mega Dice. The team recently launched a presale offering of the token, and it’s quickly gaining traction. Below is a quick overview of Mega Dice and all the essential information about its presale.
1. Cheems (CHEEMS)
According to the website, Cheems is a pioneering token featuring the beloved Shiba Inu character ‘Balltze.’ Known for its witty expressions and linguistic charm, Cheems has become a prominent figure in cryptocurrency, especially on the Solana blockchain.
Since its inception in May 2021, Cheems has captured the attention of crypto enthusiasts worldwide, carving a significant niche for itself. Notably, Cheems is among the first meme coins to make its mark on the Solana network, distinguishing itself from the competition.
The token’s cultural impact extends beyond its original concept, giving rise to derivatives like Bonk, which have further solidified Cheems’ influence since late 2022. Moreover, Cheems boasts a thriving community that values free speech and challenges societal norms, ensuring its enduring presence in the cryptocurrency market.
Fueling its success is Cheems’ commitment to community-driven innovation. Projects like Cheems Arena and The Jets Protocol exemplify the token’s dedication to expanding its utility and reach.
Currently, Cheems boasts an impressive number of holders, totaling 12.63 thousand individuals. In addition, the token recorded a 26% increase in the last 24 hours, with the current price at $0.003440.
imagine telling your coworker you’re quitting, because cheems reached 1 billion marticap.
— Cheems (@TheCheemsToken) April 16, 2024
Cheems tokens are buzzing on decentralized exchanges, with Raydium leading the pack as the go-to platform for buying and trading CHEEMS. The trading pair CHEEMS/USDC is particularly active, boasting a hefty volume of $135,033 over the last 24 hours.
In addition, Cheems is making waves with a total trading volume of $271,807 in the last 24 hours, marking a notable surge of 26.80% compared to just a day ago. This uptick in market activity suggests growing interest and engagement with the token, attracting attention from traders seeking opportunities in the decentralized finance space.
2. Megapix (MPIX)
The latest data on Megapix (MPIX) reveals a surge in price, with the token currently valued at $0.001263 and experiencing a notable 24-hour trading volume of $35,107. With a market capitalization of $1.26 million, Megapix commands a market dominance of 0.00%.
Over the past 24 hours, the MPIX price has witnessed a substantial increase of 32.34%, signaling bullish momentum in the market. Despite its recent growth, Megapix has experienced volatility. It reached its peak price of $0.015480 on February 17, 2024, and its lowest point of $0.000822 on April 13, 2024.
Furthermore, the token’s current circulating supply is 1.00 billion MPIX. Regarding market cap rankings, Megapix is ranked #132 in the AI Crypto sector and #8 in the Solana Coins & Tokens sector.
At the core of the Megapix platform lies the Megapix Engine, an advanced Generative AI technology designed to transform creative concepts into stunning digital art. This innovative approach blends artistry with technology, enabling users to witness the transformation of their ideas into captivating visual masterpieces.
With a Fear & Greed Index rating of 67 (Greed), investor sentiment towards Megapix appears optimistic. It indicates a favorable outlook for the token’s future performance. In summary, Megapix emerges as a dynamic player in the crypto space, driven by its innovative technology and growing community interest. It has over 7 thousand followers on X and over 4 thousand token holders.
3. Andrea Von Speed (VONSPEED)
VONSPEED, riding the Solana network wave, has surged impressively by 35.47% in the past day, making it a standout choice for investors. Backed by Andrea Von Speed, the famous TikTok cat sensation, the token enjoys immense popularity with millions of followers and a massive online presence. Despite price fluctuations, its recent climb to $0.000852 bodes well for potential investors.
With a circulating supply of 1.00 billion tokens and a market cap of $784.68K, VONSPEED holds a solid position in the Solana Network sector. The token sits atop the trending tokens on the Solana Chain. Moreover, its presence on popular decentralized exchanges like Raydium, Orca, and Jupiter, with a trading volume of $26,367.59 in the last 24 hours, underscores strong investor interest.
Furthermore, the token boasts a fair number of holders, numbering 4.32k, with increasing followers on X (over 5k). These metrics collectively underline VONSPEED’s appeal among trending tokens, presenting an enticing opportunity for investors in the cryptocurrency market.
What Might Be The Next Top Trending Crypto
Barely 24 hours after the launch of the Mega Dice, investors have acquired over $330k worth of the $DICE token. The project aims to offer crypto casino services to a global audience. Generally, crypto casino is an emerging narrative in the space, and projects have the chance of tapping into a market valued at nearly a billion dollars.
With DICE taking the first mover advantage, investors are offered a chance to earn satisfactory returns on their investment. Contrary to many new crypto projects, Mega Dice is not starting from scratch. The information on its presale page reveals that it boasts over 50,000 and ten thousand active monthly users.
🚀 $DICE is landing on Solana! 🎲
Get ready for exclusive benefits, retroactively and with every wager. 🌟
The ultimate casino token experience is coming. Stay tuned for updates through our official channels: Telegram & X.#Solana $DICE 🎰 pic.twitter.com/eDuMR3DH0e
— Mega Dice Casino (@megadice) April 3, 2024
The sheer volume of traction to the platform speaks of the long-term value of its native cryptocurrency. At press time, investors can participate in the project’s token, DICE, and presale offering. $DICE’s price is fixed at $0.069, and investors have purchased over 4 million DICE tokens so far.
Undoubtedly, crypto casinos would grow in size to compete with the traditional casino market, and investors who are early to the market would take the lion’s share. Moreover, the Mega Dice community incentivizes users and investors to engage more with the platform.
It plans a 3-season airdrop offer that distributes three trenches of 750 thousand DICE tokens to users participating in recommended activities. Ultimately, everyone, users and team inclusive, would benefit from the project’s success. The project’s website offers more in-depth information about what’s included and all other essential details about the presale.
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