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The prices of cryptocurrencies remain range-bound, including assets in the avalanche ecosystem. For most of the week, Bitcoin trades between the $64k and the $63k levels, while some altcoins fluctuate between several price levels. The Avalanche network is dominated by GameFi and entertainment sector assets, making the Avax coin one of the most used cryptocurrencies.
Nevertheless, the transaction volume of the Avalanche chain has little influence on the coin’s price. On the other hand, the projects in the Avalanche network post thrilling price trends that investors need to monitor closely. Over the coming days, the trend might influence the price direction of the AVAX token.
Trending Cryptocurrency Tokens on Avalanche Chain Today
Moreover, investors are equally getting more interested in presale cryptocurrencies. This market cycle has seen several crypto projects being launched in token presales. A recent case is the eTukTuk initiative. The project is trying to address global challenges, leveraging blockchain technology to achieve them. A quick summary of the project is included in today’s post.
1. Roco (ROCO)
ROCO, a decentralized GAMEFI platform, offers blockchain services to game developers, content creators, and player communities through the AVAX network. With its game ecosystem and partnerships, Roco Finance aims to revolutionize online gaming and support promising gaming projects.
Roco Finance is valued at $0.224469, with a 24-hour trading volume of $278,027 and a market cap of $3.88M. Despite a market dominance of 0.00%, the ROCO price has increased by 0.94% in the last 24 hours.
Roco Finance reached its peak price on October 25, 2021, hitting an all-time high of $6.18. Conversely, its lowest price occurred on October 26, 2023, at $0.055046. Moreover, the token’s lowest price since its ATH was $0.055046, while its highest post-cycle low reached $0.396115. Currently, sentiment surrounding Roco Finance’s price prediction is bullish, with a Fear & Greed Index score of 66 (Greed).
Unlock a new era of gaming with Roco Finance! 🚀 Partnering with @SkaleNetwork , we've turbocharged your gaming experience. 🎮
Instant payments, seamless swaps—no more waiting, no more fees. Join the GameFi revolution! pic.twitter.com/ZJGIDScSm6— RocoFinance🔺 (@RocoFinance) March 6, 2024
Roco Finance has shown promising growth with a circulating supply of 17.30M ROCO out of a max supply of 100.00M ROCO. In the past year, its price has surged by 17% and continues to trade above the 200-day simple moving average. Additionally, its high liquidity positions it as one of the trending tokens on the Avalanche network.
Roco Finance is actively traded on four cryptocurrency exchanges, including gate.io and MEXC. In the last 24 hours, $278,027 worth of ROCO changed hands on these platforms.
2. Hurricane Token (HCT)
HurricaneSwap Token—the first cross-chain liquidity DEX operating on Avalanche—introduces an innovative LP-Bridge mechanism called the Roke Protocol. This unique feature empowers users to seamlessly trade popular assets from other chains while staying within the Avalanche ecosystem. Leveraging Avalanche’s speed and efficiency, HurricaneSwap ensures users experience fast, reliable, and cost-effective cross-chain trading.
The HurricaneSwap Token is priced at $0.000161, with a 24-hour trading volume of $16,184. The token boasts a market cap of $180.28K with 31.98K holders, signaling a teeming community. Over the last 24 hours, there has been a slight uptick in the HCT price by 0.10%.
Looking back at its price history, HurricaneSwap Token peaked on October 30, 2021, hitting an all-time high of $0.275932. Conversely, its lowest recorded price was on October 20, 2023, at $0.00008239, showcasing significant volatility. Moreover, the token’s lowest price since its ATH was $0.00008239, while its highest price post-cycle low reached $0.000667.
The sentiment surrounding the HurricaneSwap Token’s price prediction leans bearish, accompanied by a Fear & Greed Index score of 66, which indicates investor greed. In addition, HurricaneSwap Token can be traded on centralized and decentralized crypto exchanges.
Among these, Gate.io emerged as a prominent platform for HurricaneSwap trading. Furthermore, it boasts an active trading pair, HCT/USDT, with a trading volume of $14,059.47 in the last 24 hours.
3. EMDX Token (EMDX)
EMDX is a decentralized derivatives protocol focusing on real-world and emerging market assets. Partnering with Traditional Finance (TradFi) operators, EMDX aims to increase access to assets and risk-hedging tools. The current price of EMDX is $0.0193, with a 24-hour trading volume of $11,466. This marks a significant 15.2% price increase in the last day.
Moreover, EMDX serves various purposes, including governance rights, staking rewards, trading rewards, and fee discounts. Additionally, EMDX tokens are used for payments related to EMDX Subnet fees and provide access to community events and initiatives.
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Here's to more growth and more opportunities with the #OrderlyCrew! pic.twitter.com/OqbNBCm45C
— EMDX (@emdx_io) April 12, 2024
EMDX tokens are available for trading on decentralized exchanges. TraderJoe V2.1 (Avalanche) stands out as a popular platform. The most active trading pair for EMDX is EMDX/WAVAX, with a trading volume of $11,466 in the last 24 hours.
What Might Be The Next Top Trending Crypto
The crypto ecosystem is becoming more innovative with the arrival of projects like eTukTuk. The team is building a solution to combat the global climate crisis. It leverages blockchain technology to ensure decentralized access to its services. It also offers the TUK token to incentivize the use of the platform and ensure the project’s sustainability.
📢📢 EXCITING ANNOUNCEMENT 📢📢
We are thrilled to announce that our awaited game, Crazy Tuk Tuk taxi is now available on play store 🤩
Complete quests, earn rewards and compete in thrilling races 😎
Download now:https://t.co/BKQoTm6UZg pic.twitter.com/jnKbG6OX2S
— eTukTuk (@eTukTukio) April 18, 2024
While the TUK token is not designed to be a security, it represents a viable store of value for holders. As the demand for the eTukTuk services increases, so would the value of the TUK token. Moreover, the project now includes fun activities like the TUK TUK game. A post on the eTukTuk Twitter handle announced that the platform has launched its game on the App Store and Play Store. The game provides added value to the TUK token.
TUK is available on presale. The project has raised over $3 million. The team has yet to achieve the presale milestone, meaning more investors are welcome to join the community. The price of the TUK token at presale value is $0.03, but it’s only available for a short period. It’ll be floated at market value at the end of the presale period.
With growing demand for environment-friendly means of transportation, TUK holders can expect the token’s value to reach its full potential quickly. What’s more important about the TUK token is that an enterprise with real-world projects backs it.
Hence, TUK can sustain its value over the long run. There are several other pieces of information to help investors better understand the project, and they are available on its website and social media handle.
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