Top Trending Cryptos on Solana Chain Today – Hive Game Token, Shadow Token, The Professor

The last 24 hours have been quite remarkable as prices of altcoins recorded significant dumps across the board. The price decline came after the price of Bitcoins fell from $72k to $68k yesterday. However, the BTC price retraced to $69k and currently trades slightly above the price. Nevertheless, the altcoins market continues its price decline with popular categories like the crypto AI sector witnessing higher value dump. 

Price actions of the top trending cryptos on the Solana chain differ slightly. The tokens that rank high on the list are posting substantial gains. Hence, this article provides a quick analysis of these tokens to help investors find context and understand the factors behind their gains. 

Top Trending Cryptos on Solana Chain 

Also, emerging sectors like the crypto casino are witnessing fund inflow with new projects like the Mega Dice token ranking high on the list of upcoming cryptos to watch. The presale offering of the DICE token has recorded over $1.4 million, which is notable progress for a new project in the crypto ecosystem. Today’s post provides an overview of the Mega Dice presale and highlights how investors can participate in the token presale offering. 

1. Hive Game Token (HGT)

Hive Game Token is a Solana-based competitive play-and-earn tactical game that provides players with top-quality gaming experience in the broad cyberpunk world. Hive Game Token (HGT) has experienced remarkable growth recently. Today, HGT is priced at $0.0002592 with a 24-hour trading volume of $179,063.48. This marks a 34.31% price increase in the past 24 hours and a 63.06% increase over the last week.

Moreover, with a circulating supply of 530 million HGT, the token’s market cap now stands at $138,247. Over the past seven days, HGT has outperformed the global cryptocurrency market, up 0.30%, and other cryptocurrencies in the Solana ecosystem, up 16.20%.

Furthermore, Hive Game Tokens can be traded on centralized and decentralized exchanges. The most popular exchange for HGT is MEXC, where the HGT/USDT trading pair has a 24-hour volume of $162,613. Other popular exchanges include Raydium and Jupiter.

The trading volume of HGT has increased significantly, reaching $179,411 in the last 24 hours. This represents a 54.90% increase from the previous day, signaling a rise in market activity and interest in the token.

Hive Game Token’s recent performance highlights its growing prominence in the crypto market. Substantial gains and increased trading activity reflect investor confidence and interest.

2. Shadow Token (SHDW)

SHDW, the utility token for the Shadow dePIN ecosystem, has recently shown significant market performance and activity. This token powers the Shadow ecosystem’s decentralized storage, computing, and network orchestration. Users pay for these decentralized services with SHDW, while Shadow Operators stake SHDW to secure their nodes and earn revenue.

Furthermore, the DAGGER network is central to the Shadow ecosystem. DAGGER is a scalable, bandwidth-efficient L1/L2 hybrid with a custom consensus mechanism. It effectively manages distributed systems and large data storage. DAGGER networks can be deployed as public Layer 2 networks or private Layer 1 protocols, and its implicit voting design reduces communication overhead, resulting in faster data retrieval and lower costs for users.

Meanwhile, the price of SHDW is $0.5762, with a 24-hour trading volume of $4,320,047.21. This represents a 29.43% price increase in the last 24 hours and a 26.56% increase over the past week. With a circulating supply of 160 million SHDW, the token’s market cap is $93,193,532. However, SHDW has outperformed the global cryptocurrency market, up 0.40%, and similar DePIN cryptocurrencies, down -3.50%.

Furthermore, SHDW tokens can be traded on both centralized and decentralized exchanges. Popular exchanges include Gate.io, Coinbase Exchange, and Meteora. The most active trading pair is SHDW/USDT on Gate.io, which saw a 24-hour volume of $120,915. The trading volume of SHDW has increased by 353.40% from the previous day, indicating a recent rise in market activity.

3. The Professor (LAB)

The Professor, a well-known figure in the crypto scene since 2017, has launched his first token, $LAB. Frustrated with rugs, insider wallets, recycled narratives, and unqualified developers, this serial entrepreneur and self-identified degen has taken matters into his own hands by creating a memecoin that empowers its holders to shape its future, drive innovation, and share in the collective success.

In addition, $LAB is supported by a diverse team of real-life scientists, professors, engineers, degens, and other great minds committed to selflessness and shared success. The project is built around a community-driven model where members regularly collaborate to propose, vote on, and fund experiments to grow the lab’s size and value as quickly as possible. The community treasury, currently valued at over $330,000, finances these experiments.

Furthermore, each experiment is tracked by a real-life scientist to ensure data-driven decisions and maximize ROI. Results are shared publicly to benefit current and future project founders and holders, providing valuable insights into the most impactful and affordable strategies for growing a meme project.

Meanwhile, The Professor (LAB) token is making headlines with impressive market performance. Currently priced at $0.004452, LAB has seen a 21.97% increase in the past 24 hours. The token’s trading volume has also surged to $1,182,186.15 within the same period, indicating heightened market interest.

Over the past seven days, LAB has experienced a remarkable 72.54% price increase. This growth boosted its market cap to $4,452,157, based on 1 billion LAB tokens circulating supply.

Market activity for LAB has significantly intensified. The token’s 24-hour trading volume reached $1,182,471, marking a substantial 2,051.40% increase from the previous day. This spike in trading volume suggests a growing interest and confidence among investors.

What Might Be The Next Top Trending Crypto

Mega Dice investors and the community have a chance to win big with the ongoing promo program that offers cash rewards and the opportunity to win PS 5. The project shares the details of the promo on its official Twitter handle. 

Besides the ongoing Rainbow Reward, the crypto community still has a chance to participate in the ongoing presale offering of the DICE token. The presale started a few weeks ago and it’s raised over $1.4 million with thousands of users actively engaged in the Mega Dice communities across various social media platforms. 

$DICE presale has raised $1.4 Million 🚀

Current tier price: 0.075 💰
Current presale target: $2M 💰

We're implementing multiple tiered price increases, so make sure to secure your #DICE early! Don't forget, you can now utilize your $DICE directly in our Web and Telegram… pic.twitter.com/VAsI6u27aD

— Mega Dice Casino (@megadice) June 7, 2024

The project aims to bring the already established Mega Dice casino brand to the cryptocurrency world. The platform boasts over 10,000 monthly users via its online casino services. It’s now set to take advantage of the growing crypto casino sector, which is projected to become a multi-billion dollar sector in the coming years. 

Consequently, investors who take advantage of the DICE token presale offering can benefit from the sector’s future. At the time of writing, DICE’s price is discounted and offered for as low as $0.075. 

However, the price would likely increase as the project approaches its exchange listing. With that, it’s essential to hop on board early to take advantage of the discounted price. The project’s website further explains what the project is about and other critical information. It also provides a step-by-step guide on how to participate in the DICE presale. 

Visit Mega Dice Presale. 

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