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Crypto sentiment remains relatively bearish despite the improving performance of low-cap altcoins. Many fear that the bull run is nearly over since BTC has traded below $70k for several days.
Fortunately, altcoins are making up for the downturn in the market. The trading volume of many cryptos in the category has steadily increased this week. Many believe funds are gradually rotating into the altcoin market. This article reports the price action of the top trending cryptocurrencies on the Avalanche chain.
Trending Cryptocurrency Tokens on Avalanche Chain
Similarly, the article shares information about the upcoming crypto project, the WienerAI. The project recently launched its presale offering and raised over $372,000. The project’s momentum is impressive, and this post shares details of what it entails and the overall outlook of its presale offering.
1. Joe Token (JOE)
Trader Joe, a decentralized exchange (DEX) on the Avalanche (AVAX) blockchain, is experiencing significant growth with its native token, JOE (JOE). Since its launch in June 2021, Trader Joe’s has attracted over $4 billion in total value locked (TVL) by offering various DeFi services like swapping, staking, and yield farming.
Furthermore, the exchange stands out for its community-first approach. It emphasizes innovation, speed, and safety to provide users with a comprehensive DeFi experience in one place. The price of JOE (JOE) currently stands at $0.5413, with a 24-hour trading volume of $7,440,522.22. Over the past 24 hours, JOE has seen a 1.81% price increase, and in the last seven days, it has surged by 7.53%.
Moreover, JOE (JOE) has outperformed the global cryptocurrency market and similar Avalanche Ecosystem cryptocurrencies. It boasts a 7.50% price increase in the last seven days compared to the market’s 2.00% rise. Investors can trade JOE tokens on centralized crypto exchanges, with MEXC being the most popular option offering the JOE/USDT trading pair.
Furthermore, Trader Joe’s offers a user-friendly DEX with fast and cost-effective transactions. It provides features like yield farming, staking, and lending through its Banker Joe protocol based on the Compound (COMP) protocol.
Come find out my daily cooking routine https://t.co/I7plHeuS4Z
— Trader Joe (@TraderJoe_xyz) April 25, 2024
Users can earn JOE (JOE) tokens as rewards through yield farming, stake their tokens for governance voting, and engage in non-custodial borrowing and lending through Banker Joe. Additionally, they can open leveraged positions on their funds.
The rapid growth and promising performance of JOE (JOE) on Trader Joe’s platform underscore the increasing interest in decentralized finance within the cryptocurrency community.
2. Skypath (SKY)
Skypath Security Inc., a leader in developing advanced mobile defense technologies for public safety, has made headlines with its innovative solutions. The company certifies various establishments, including schools, retail stores, restaurants, and critical infrastructures, against threats using its cutting-edge mobile defense platform.
What sets Skypath apart is its direct link to first responders. This direct link provides live and interactive data during any active threat event to enhance safety in public places. The price of Skypath (SKY) has recently surged, reaching $0.01293. This marks a notable 9.17% increase in the last 24 hours and an impressive 25.41% increase in the past seven days.
SKY has outperformed the global cryptocurrency market and similar Avalanche Ecosystem cryptocurrencies, boasting a remarkable 25.40% price increase in the last week. Investors are also taking notice of SKY’s performance, and the token is gaining traction on decentralized exchanges. Trader Joe’s is the most popular option for trading SKY tokens, offering the SKY/WAVAX trading pair.
Join us on Wednesday, May 1st at 12pm EST as we unveil the Skypath Mobile Defense Platform™ to the world! https://t.co/PqhQeRz7jJ
— Skypath Security 🔺 (@SkypathSecurity) April 23, 2024
Meanwhile, Skypath’s (SKY) trading volume has also seen a significant uptick, reaching $4,245.85 in the last 24 hours. This represents a 43.00% increase from the previous day, signaling a recent surge in market activity and investor interest in the token.
As Skypath Security Inc. continues to innovate and provide solutions for public safety, the demand for SKY tokens is expected to grow further. This reflects the increasing importance placed on advanced defense technologies today.
3. TrustSwap (SWAP)
The SWAP token, the gateway to guaranteed allocations in top-tier Initial DEX Offerings (IDOs) via the TrustSwap Launchpad, is making waves in the cryptocurrency market. Staking more SWAP tokens for longer durations increases one’s SWAP Score and unlocks higher allocations and additional perks for top stakers.
TrustSwap, the platform behind SWAP, has facilitated the launch of over 55 projects, collectively raising an impressive $70 million. This robust platform caters to blockchain enthusiasts, offering various services and opportunities.
As the parent company of The Crypto App and Team Finance, TrustSwap extends exclusive project allocations to members with a SWAP score of 4,000+. Additionally, users can access services such as crypto portfolio tracking, token and liquidity locks, and vesting-as-a-service.
The price of TrustSwap (SWAP) currently stands at $0.1761. It reflects a 2.99% increase in the last 24 hours and an impressive 13.41% increase in the past seven days. TrustSwap (SWAP) has notably outperformed the global cryptocurrency market and similar Polygon Ecosystem cryptocurrencies, boasting a remarkable 13.40% price increase last week.
Staking can be a lucrative and rewarding way to participate in the crypto ecosystem while also contributing to the growth and security of blockchain networks. 💰🔗
Let’s explore the benefits of staking and then we’ll show you an easy way to set up your long-term portfolio. 👇 pic.twitter.com/tbuUbGsKLL
— TrustSwap (@TrustSwap) April 25, 2024
SWAP tokens are actively traded on centralized crypto exchanges, with Gate.io being the most popular option offering the SWAP/USDT trading pair. Other notable exchanges include LATOKEN and HTX, providing ample opportunities for investors to engage with the TrustSwap ecosystem.
TrustSwap and its SWAP token are positioned at the forefront as interest in Initial DEX Offerings continues to grow. They offer users access to top-tier projects and unlock new possibilities in cryptocurrency.
What Might Be The Next Top Trending Crypto
WienerAI is not just another memecoin project. The project combines the community-driven crypto concept with the emerging crypto narrative. Crypto enthusiasts have revealed their love for Dog-themed crypto projects through the success of Dogecoin and other related cryptocurrencies. Hence, the team has leveraged the proven theme to capture the hearts of potential investors and the crypto community.
The idea is to raise a community that is code-named the Sausage Army. Thus, the community would help WienerAI achieve the dream. The project aims to transform how the world views cryptocurrencies by telling a different story about crypto memecoins and emerging AI trends.
$300K! Wiener Woofs!
Our Sausage Squad Is Unstoppable! 🌭🚀 pic.twitter.com/Ng3ii6WZcy
— WienerAI (@WienerDogAI) April 24, 2024
WAI, the cryptocurrency of the WienerAI project, is currently available on presale. It is offered at $o.0007, and investors only have a few days to purchase at that price before the subsequent increase. At the time of writing, the project has raised over $372,000 in presale funding. It also boasts over four thousand Twitter followers, which is considerably large for a new crypto project.
Furthermore, investors holding the WAI token don’t have to wait until the token listing to earn returns on investment. The platform allows presale investors to stake their WAI tokens for over 2000% APY. The information on the project’s website suggests that over 500 million WAI has been staked.
Consequently, WienerAI has paid investors about 480 million WAI tokens as a reward for participating in the staking initiative. In the long run, the staking plan would increase Value as a significant amount of WAI tokens will be out of circulation.
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