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On the other hand, the price of altcoins surges higher as the week starts to a great start. Today’s notable trend in the market is the emergence of several AI cryptos as some of the biggest gainers. Many of these assets in the category are currently printing double-digit gains, which indicates that the sector’s narrative would outlive the halving hype.
Regarding the Bitcoin halving, the event is only 5000 blocks away, and many have predicted it will fall on the 20th of April. It is believed that the contraction in the supply of BTC would lead to a complementary increase in price.
Trending Cryptocurrency Tokens on Avalanche Chain
The outcome of the halving event, particularly the price surge, would favor investors with more direct exposure to Bitcoin than any other group in the crypto market. Hence, Bitcoin Minetrix allows everyone to own Bitcoin by participating in mining activities.
1. HatchyPocket (HATCHY)
HatchyPocket (HATCHY) is making waves as the world’s first decentralized intellectual property (IP). It features over 400 elemental monsters owned and managed by the $HATCHY token. This unique ecosystem operates exclusively within the Hathyverse, offering an exciting experience for users.
Today, the price of HatchyPocket is $0.003998, marking an impressive 53.76% surge in the last 24 hours and a whopping 95.32% increase over the past seven days. Unfortunately, we don’t have data on its market cap because the circulating supply of HATCHY tokens is undisclosed.
HatchyPocket has performed exceptionally well, with a 95.30% price hike in the last seven days. This performance shines compared to the global cryptocurrency market, which is down -4.70%. It also outperformed similar Avalanche Ecosystem cryptocurrencies, which are up 5.80%.
📢Announcing the great Gen 1 Mint Out Event!
All Gen 1 mints discounted over 50%!
0.5 $AVAX or 5000 $HATCHYhttps://t.co/ftgAlty2Z7
If you've been meaning to finish one of only 1000 G1 sets, add to your collection, or want to try for a Celestion then now is the time!… pic.twitter.com/TRIokTLv5u
— Hatchyverse (@Hatchyverse) March 17, 2024
Meanwhile, you can easily trade HATCHY tokens on decentralized exchanges, with Trader Joe’s being the go-to platform. The HATCHY/WAVAX trading pair on Trader Joe’s has seen a trading volume of $14,960.16 in the last 24 hours. It indicates a high level of activity and engagement within the ecosystem.
As Hatchy continues to grow and introduce new features in the Hathyverse, it offers investors exciting opportunities for growth and engagement. With its innovative approach to decentralized IP ownership and management, HatchyPocket (HATCHY) is carving out a significant presence in cryptocurrency, sparking user interest and enthusiasm.
2. Ampleforth (AMPL)
Ampleforth (AMPL), priced at $2.20, is making headlines today. It has experienced a staggering 34.79% surge in the last 24 hours and a remarkable 51.94% increase over the past seven days. With a circulating supply of 140 million AMPL tokens, its market cap stands at $307,262,703.
Meanwhile, traders and investors have been actively engaging with AMPL tokens, with a trading volume of $15,522,573.74 in the last 24 hours. The most popular exchange for trading Ampleforth is Uniswap V2 (Ethereum), where the AMPL/WETH trading pair boasts a trading volume of $9,826,558.
Ampleforth stands out as an Ethereum-based cryptocurrency with an algorithmically adjusted circulating supply. It aims to serve as the base money for the new decentralized economy, providing an asset that remains decoupled from the price action of other cryptocurrencies, including Bitcoin (BTC).
What makes Ampleforth unique is its automatic supply adjustment mechanism, known as a “rebase,” which occurs daily. If the price exceeds $1.06, a positive rebase increases the circulating supply, while a negative rebase happens if the price falls below $0.96. This process incentivizes AMPL’s market price to converge to approximately $1.
Can't wait! https://t.co/QWCfy32Ge0
— Ampleforth #AMPL (@AmpleforthOrg) March 15, 2024
Ampleforth offers a hedge against inflation and devaluation by maintaining a non-correlated supply. It is an attractive option for diversifying cryptocurrency portfolios and serving as reserve collateral for decentralized finance (DeFi) applications.
Overall, Ampleforth’s innovative approach and unique properties position it as a promising asset in the digital economy. It challenges traditional notions of base money and offers stability in a volatile cryptocurrency landscape.
3. Deliq (DLQ)
Deliq is a groundbreaking protocol designed to decentralize liquidity provisioning, creating a foundational layer for liquidity infrastructure. It revolutionizes the Avalanche ecosystem by offering a sustainable, capital-efficient, and transparent solution to bootstrap liquidity.
Furthermore, Deliq aims to replace conventional liquidity bootstrapping methods like Liquidity Mining with its innovative Liquidity-by-Staking model. Today, Deliq is valued at $0.000207, with a 24-hour trading volume of $0.00. Its market cap is $0.00, indicating a market dominance of 0.00%.
While the DLQ price remained unchanged in the last 24 hours, it has experienced significant fluctuations in the past. Deliq reached its peak price on Apr 18, 2022, hitting an all-time high of $0.103308. However, its lowest price was recorded on Oct 11, 2023, at $0.000205.
Since its all-time high, Deliq’s price fluctuated between $0.000205 (cycle low) and $0.000230 (cycle high). Market sentiment predicts a bearish trend, with the Fear & Greed Index showing 77 (Extreme Greed).
Regarding market cap, Deliq holds the #7 rank in the Avalanche Network sector, showcasing its significance within the ecosystem. In addition, Deliq has experienced 30 green days in the last 30 days, indicating positive performance and investor sentiment.
DLQ tokens are tradable on decentralized exchanges, with Trader Joe’s emerging as the preferred platform. The DLQ/WAVAX trading pair on Trader Joe’s boasts a trading volume of $692.93 in the last 24 hours, highlighting active trading activity. As Deliq continues to innovate and reshape liquidity provisioning within the Avalanche ecosystem, it remains a crucial player in the DeFi landscape, offering investors new opportunities and driving growth within the network.
What Might Be The Next Top Trending Crypto
Bitcoin Minetrix maintains its progress towards the next milestone. With the bulls regaining the upper hand, investors will likely see new gains before the end of the week. Generally, when the bull market is on, investors often scout for projects with the prospect of turning a profit in the future.
#Bitcoin miners are seeing record profits as revenue hits an all-time high of $78.89 million! 💰
How do you believe the upcoming $BTC halving event will impact the #Cryptocurrency market in the long term? 🚀#BitcoinMinetrix has also successfully raised more than $12,200,000!… pic.twitter.com/Sn9wuygzna
— Bitcoinminetrix (@bitcoinminetrix) March 14, 2024
What better opportunity exists than a project allowing investors to mine bitcoins without incurring prohibitive infrastructure costs? Bitcoin Minetrix allows investors to own a part of a huge mining initiative. With the BTCMTX token, investors can start mining bitcoins with a negligible investment.
At the time of writing, thanks to the ongoing discounted presale offering, BTCMTX costs as little as$0.0141. The project has seen an influx of investors who anticipate its debut. The advantage of owning BTCMTX is that it allows investors to benefit from the mining technology and the BTCMTX token’s price gains.
Hence, many investors are quickly taking advantage of the offer. The project’s presale page shares further information about how to participate and other essentials. It also offers a deep dive into the tokenomics and other beneficial offers.
Visit the Bitcoin Minetrix Presale
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