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The crypto market is widely known for its significant volatility. Hence, it’s less surprising that the market has returned to an up trend after about 7 days of declining prices across the board. Today, Bitcoin is pushing toward reclaiming its 2021 ATH, and most market participants anticipate a push for the $72k levels afterward.
Altcoins are also pushing their bands of the upper range, particularly newly listed tokens. These trends account for the market performance of the top trending cryptocurrencies on the Avalanche network, as these cryptos post surprising price increases in the last 24 hours.
Trending Cryptocurrency Tokens on Avalanche Chain
Novelty is often the norm in the crypto space as innovators find new use cases for Blockchain technology. Recently, one of the trending upcoming projects in the market, the 99Bitcoin, announced the presale offering of the 99BTC token, which has attracted over $2.5 million from hundreds of crypto investors and enthusiasts across the globe. A quick insight into its progress and all investors have to is provided below.
1. Kalao Token (KLO)
Kalao (KLO), an NFT ecosystem built on the Avalanche blockchain, is making waves in the crypto world, focusing on virtual reality (VR) technology. The platform offers a user-friendly marketplace for creating, buying, selling, and collecting NFTs. But Kalao doesn’t stop there. It boasts a unique feature: a personalized 3D gallery where users can showcase their prized NFT collections in a virtual environment.
Furthermore, Kalao leverages the Avalanche blockchain’s advantages, providing users with fast, secure transactions at minimal fees. This smooth user experience is likely contributing to the recent rise in KLO’s price. Today, KLO sits at $0.0006341, reflecting an 11.98% increase in the last 24 hours.
However, a closer look reveals a more complex picture. While KLO is up today, it’s down 29.12% compared to last week. This means the token is underperforming compared to the broader cryptocurrency market, which is only down 1%. Additionally, KLO is lagging behind similar Avalanche-based cryptocurrencies, which are currently experiencing a 5.80% growth.
Despite the recent dip, KLO remains a tradable token on centralized and decentralized exchanges. LATOKEN currently holds the top spot for KLO trading, with the KLO/USDT pair generating a volume of $4,423.78 in the last 24 hours. Trader Joe and Gate.io are other popular options for buying and selling KLO.
Trading activity for KLO has also seen a slight decrease. The daily trading volume is $10,123.97, representing a 6.10% drop compared to yesterday. This suggests a potential dip in market interest for KLO in the short term.
2. LydiaFinance Token (LYD)
Lydia Finance, a DeFi platform built on the Avalanche blockchain, is making waves with its yield farming, staking, and Automated Market Maker (AMM) features. The platform’s focus on security, backed by experienced developers and the integration of trusted oracles, is a significant advantage in the often-volatile DeFi space.
LYD, the platform’s native token, has seen impressive growth recently. Its price has surged by 25.49% in the past 24 hours, reaching $0.0004024. This upward trend extends to the past week, with a 13.94% increase. This outperformance is notable compared to the broader cryptocurrency market, which is slightly down and surpasses the growth of other Avalanche-based cryptocurrencies.
All natural Lion Boooost 🦁 pic.twitter.com/cdCmuQrU7y
— Lydia Finance🔺 (@LydiaFinance) July 20, 2024
However, it’s essential to consider the trading volume. While the token’s price rises, its trading volume has decreased by 8.90% in the last 24 hours. This could indicate a potential slowdown in LYD market activity.
Lydia Finance’s robust security, DeFi functionalities, and recent price appreciation make it an interesting platform. However, investors should conduct thorough research and consider market trends before making investment decisions.
3. MadSkullz BNZ (BNZ)
MadSkullz BNZ (BNZ), the native token of the SkullzCity ecosystem, is experiencing a significant surge in value and trading activity. This digital currency, born out of a unique storyline involving the peaceful world of Skullz under attack by hairy humanoids, has captured the attention of investors.
In the last week, BNZ has seen a remarkable 29.50% price increase, outpacing the broader cryptocurrency market, which is currently down. This impressive performance is even more noteworthy when compared to other Avalanche-based cryptocurrencies, which have seen a modest 5.80% increase.
Furthermore, the token’s price currently sits at $0.001139 with a 24-hour trading volume of $31,062.63. Moreover, this trading volume represents a staggering 724% increase from the previous day, indicating a sudden and substantial rise in market interest.
$BNZ's DeFi initiatives are doing great, and there is more to come with Bonez.
Since you love $BNZ, it’s time to double it or break it!
Get ready for 𝐁𝐨𝐧𝐞𝐳 𝐅𝐥𝐢𝐩… 👀 pic.twitter.com/6fwLzNdHIh
— MadSkullz (@MadSkullz_NFT) July 26, 2024
Meanwhile, the primary platform for trading BNZ is Trader Joe’s, where the BNZ/WAVAX pair is the most active, accounting for $9,760.00 in trading volume over the past 24 hours. This combination of price appreciation, increased trading volume, and strong performance relative to the overall crypto market and the Avalanche ecosystem suggest that BNZ is gaining investor traction.
However, it’s essential to approach any investment cautiously and conduct thorough research before making any decisions. While BNZ’s recent performance is promising, the cryptocurrency market is inherently volatile.
What Might Be The Next Top Trending Crypto
99BTC has appeared to be the new shining gem in the crypto market in recent times, particularly through its novel Learn-to-Earn movement. The project is currently pioneering what might be the next wave of global learning experience. Through the 99BTC token, the team and community create shared wealth and in-depth knowledge of the crypto industry for platform users and investors.
At its core, the 99Bitcoins project aims to help investors and crypto enthusiasts increase their profitability in the market. The wide fluctuation in the crypto market and lack of essential guidance on how to build sustainable wealth have led to widespread losses recorded among Crypto investors.
With a project taking charge of information and education in the industry, investors can dramatically reduce the risk that results from incompetence. Nevertheless, the 99Bitcoins project is not all about knowledge acquisition.
The annual #Bitcoin conference is happening now in Nashville with a star-studded lineup! 🎉
Featuring Donald Trump, Robert F. Kennedy, Russell Brand, Cathie Wood, Michael Saylor, and more. 🌟
Will there be any surprises in store?#99Bitcoins #Bitcoin2024 #BTC pic.twitter.com/eW9s2vdUiP
— 99Bitcoins (@99BitcoinsHQ) July 27, 2024
The native cryptocurrency of the platform, 99BTC, is also designed to create financial benefits for learners. The overall financial benefit that comes with the token is the name Learn-to-Earn. As users progress through the courses and learning programs featured on the platform, they increase the financial benefits accrued to them through the 99BTC token. Nevertheless, the journey begins with participating in the presale token, which is currently offered for $0.00115
The 99Bitcoins website and official social media outlet offer further information on how to participate in the 99BTC token presale, enjoy the exclusive signals, and join the exclusive community.
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