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The investors might need to wait out the current pullback before deciding on crypto prices across the market. BTC has once again resorted to a consolidation trend as the price of the giant token finds intense resistance at the 64k-66k levels.
However, several optimistic investors anticipate a push above this level. Likewise, there are projections of a possible short squeeze if the price of BTC finds the momentum it needs to push above this level. In the meantime, investors are exploring altcoins for trading and investment opportunities, particularly the top trending cryptocurrencies on Avalanche.
Trending Cryptocurrency Tokens on Avalanche Chain
Upcoming crypto projects provide attractive opportunities to investors looking to invest in tokens before they become widespread. 99BTC is a trending presale token making waves at the moment, and today’s post covers the project’s outlook.
1. SteakHut Finance (Steak)
SteakHut Finance, a leading provider of decentralized market-making solutions, is making headlines with its impressive performance in the cryptocurrency market. The platform manages liquidity across leading AMMs and blockchains, all aggregated into one platform specifically designed for liquidity management.
Today, the price of SteakHut Finance (STEAK) stands at $0.3238, with a 24-hour trading volume of $28,914.91. This marks a 9.63% increase in price over the past 24 hours and a 20.53% increase over the past seven days. With a circulating supply of 2.1 million STEAK, the market cap of SteakHut Finance is valued at $683,152.
STEAK has outperformed the global cryptocurrency market in the last seven days, up by 9.70%. In addition, it outperformed similar Avalanche Ecosystem cryptocurrencies, which have risen by 5.80%. This strong performance highlights the growing interest and confidence in SteakHut Finance.
Furthermore, STEAK tokens are traded on decentralized exchanges, with Trader Joe being the most popular platform for buying and trading these tokens. The most active trading pair, STEAK/WAVAX, has seen a trading volume of $23,601.01 in the last 24 hours.
SteakHut is blasting to ATHs! 🚀
Over $11 Million in liquidity is now managed on SteakHut.
Join SteakHut and put your liquidity on autopilot! pic.twitter.com/7mvTJQOvL3
— SteakHut (@steakhut_fi) July 18, 2024
Moreover, SteakHut Finance’s trading volume increased by a remarkable 3,014.40% from the previous day. This significant rise in market activity signals a surge in investor interest and market engagement.
SteakHut Finance’s ability to manage liquidity effectively across various platforms and its recent price performance suggests a strong future for the token. As it continues to gain traction, it will be interesting to see how it further establishes itself in the decentralized finance space.
2. NEMO Coin (NEMO)
NEMO is making waves in the cryptocurrency market as a stablecoin backed by the innovative NEMO Platform. The platform is designed to automate the decentralized digital economy, ensuring stability and liquidity for its users. The NEMO Stability Facility (NSF) plays a crucial role in maintaining NEMO’s exchange rate stability by supporting buying and selling activities on anti-de-peg platforms. Additionally, the NSF guarantees liquidity for NEMO/USDT transactions.
NEMO’s utility extends far beyond simple financial transactions. It acts as a universal currency across all projects on the NEMO Platform. This includes a variety of applications, from GameFi projects to non-gaming initiatives such as educational platforms, social networks, and gift exchanges.
Today, NEMO’s price is $0.1026, with a 24-hour trading volume of $214.52. This marks a 2.71% increase in the last 24 hours and a 3.46% increase over the past seven days. Despite this growth, NEMO is underperforming compared to the global cryptocurrency market, which has seen a 9.90% increase in the same period. It also lags behind similar cryptocurrencies in the Avalanche Ecosystem, up 5.80%.
However, NEMO’s trading volume has seen a significant rise. With a 607.00% increase in the last 24 hours, this spike indicates growing interest and activity in the market. This surge in trading volume is a positive sign for NEMO, suggesting that more investors are noticing its potential.
3. BloodLoop Shard (BLS)
BloodLoop, a 5v5 Hero Shooter, is capturing attention with its dynamic gameplay and impressive market performance. Set in a dystopian future, BloodLoop immerses players in intense battles where factions fight for control. Each hero has unique abilities, allowing for various play styles and strategies.
The game offers unique third-person shooter gameplay and original modes crafted by top industry experts from Crytek, CI Games, Activision, and Ubisoft. This combination provides an innovative yet familiar experience that easily onboards gamers. BloodLoop’s proprietary SDK and in-game gas fee-free subnet ensure seamless Web3 integration without disrupting the user experience.
Furthermore, BloodLoop’s ($BLS) price stands at $0.422, with a 24-hour trading volume of $2,539,184. This marks a 13.87% increase in price over the past 24 hours and a 23.59% increase over the past seven days. With this surge, BloodLoop ($BLS) has outperformed the global cryptocurrency market, up 9.70%, and similar Avalanche Ecosystem cryptocurrencies have risen by 5.80%.
📢$BLS is officially live!
Token Contract Address:
0x46B9144771Cb3195D66e4EDA643a7493fADCAF9DBuy $BLS here:
Gate – https://t.co/wDeaZ53hBd
MEXC – https://t.co/fJDS8GLkyx
BitGet – https://t.co/pvYhbiK0DnStay vigilant ⚠️ pic.twitter.com/LN6DO22tfj
— BloodLoop🔺 | Hero-Shooter (@BloodLoopGAME) June 10, 2024
Moreover, $BLS tokens are traded on both decentralized and centralized exchanges. Trader Joe is the most popular exchange for buying and trading BloodLoop, with the most active trading pair being $BLS/USDT, which saw a trading volume of $253,513 in the last 24 hours. Other popular exchanges include Bitget and Gate.io.
The trading volume of BloodLoop ($BLS) reached $2,535,753 in the last 24 hours, representing a 107.20% increase from the previous day. This significant rise in market activity signals growing investor interest and market engagement.
What Might Be The Next Top Trending Crypto
99BTC presale approaches the $33 million mark amidst the recent recovery in the crypto market. As crypto investors sense a potential bullish trend on the horizon, they seek assets with viable growth potential.
With spot #EthereumETFs launching soon in the US, all eyes are on $ETH’s price.
An #Ethereum whale just withdrew 16,449 $ETH (worth ~$50.3M) from Binance, as Ethereum’s price rebounded past $3,000.
What impact will this have on the wider #Crypto market? #99Bitcoins #ETH pic.twitter.com/fLqZnTW874
— 99Bitcoins (@99BitcoinsHQ) July 19, 2024
The crypto education project, 99Bitcoins, is one of the fastest-growing presale projects. In the past few weeks of the presale offering of the 99BTC token, thousands of investors have committed a substantial amount of money towards actualizing the project’s vision.
With a mission to redefine how investors and traders learn about the crypto market, the project has the potential to become one of the top-performing assets in the long run. Not only that, but it also aims to help traders improve their performance through a regular supply of trading signals. Nevertheless, this access to the signals is exclusively available to holders of the 99BTC token.
The team and 99BTC community have been consistently working to popularize the Learn-to-Earn initiative, which is the grand vision behind the 99Bitcoin project. It allows users to learn more about the crypto market and industry while getting rewarded for doing so.
Contrary to the popular Pay-to-Learn concepts of the traditional market, learners end up being the major beneficiaries of the learning interaction. Aspiring investors can find further details about the project on its presale website, and other information about the project is also available on its Twitter and other social media handles.
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