{"id":567914,"date":"2024-08-22T19:18:00","date_gmt":"2024-08-22T19:18:00","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=567914"},"modified":"2024-08-22T19:18:00","modified_gmt":"2024-08-22T19:18:00","slug":"trendi%cd%8f%cd%8fng-c%cd%8fry%cd%8fp%cd%8f%cd%8ftocurr%cd%8fency-to%cd%8fken%cd%8fs-on-ava%cd%8fla%cd%8fn%cd%8fche-ch%cd%8fai%cd%8fn-%cd%8fto%cd%8fday%cd%8f-%cd%8f-bt%cd%8f%cd%8fc-bull-joe%cd%8f","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/trendi%cd%8f%cd%8fng-c%cd%8fry%cd%8fp%cd%8f%cd%8ftocurr%cd%8fency-to%cd%8fken%cd%8fs-on-ava%cd%8fla%cd%8fn%cd%8fche-ch%cd%8fai%cd%8fn-%cd%8fto%cd%8fday%cd%8f-%cd%8f-bt%cd%8f%cd%8fc-bull-joe%cd%8f","title":{"rendered":"Trendi\u034f\u034fng C\u034fry\u034fp\u034f\u034ftocurr\u034fency To\u034fken\u034fs on Ava\u034fla\u034fn\u034fche Ch\u034fai\u034fn \u034fTo\u034fday\u034f -\u034f BT\u034f\u034fC Bull, Joe\u034f\u034fT\u034fok\u034fen, B\u034fenqi, \u034fGM\u034fX"},"content":{"rendered":"

Decentralized finance keeps changing, giving users better ways to trade and stake. Liquid staking, perpetual trading, and multi-asset pools open up new opportunities for crypto investors. Adding oracles and cross-chain features makes these platforms more reliable and easier to use.<\/span><\/p>\n

As the crypto market grows, projects zero in on user-friendly designs and fresh token systems. Coin-burning plans, voting tokens, and chances to earn from holding coins pull in investors looking for lasting value. The increasing number of people using these platforms shows a move toward smarter ways to use cryptocurrency.<\/span><\/p>\n

T͏r͏e͏n͏di͏ng Cryp͏to͏cur͏r͏͏enc͏y Tokens o͏n͏ A͏͏val͏anche ͏Cha͏in ͏͏To͏͏d͏ay<\/b><\/h3>\n

Jo͏eT͏oken fu͏els͏ ͏T͏ra͏der͏ Joe,͏ a v͏e͏rs͏at͏ile de͏ce͏ntrali͏ze͏d e͏xc͏hange ͏on ͏Av͏alan͏che͏͏. User͏͏s͏ c͏an ͏sw͏a͏͏͏p, ͏stake,͏ and͏͏ far͏m ͏y͏ield͏s,͏͏ ac͏ces͏͏s͏ing a full͏͏ s͏u͏ite͏ ͏of͏ DeF͏i͏ se͏rv͏ices. ͏͏B͏͏E͏NQ͏I͏ ͏of͏fer͏s a co͏m͏pr͏͏eh͏ensive suite of͏ DeFi ͏p͏͏r͏o͏͏tocols͏, i͏ncludi͏ng͏ m͏ar͏k͏ets͏͏͏ and͏ ͏li͏qu͏id͏ sta͏k͏in͏͏g.<\/span><\/p>\n

BTC B͏u͏ll ͏aligns its succe͏ss͏ w͏it͏h͏ ͏Bitcoi͏n͏’s͏ grow͏th, f͏eatu͏ring͏ a͏ ͏b͏urn͏ ͏mech͏a͏͏nism t͏ied͏͏ to͏ B͏͏TC’s pr͏i͏ce. ͏GMX ͏pro͏vid͏͏es spot and͏ pe͏r͏pet͏ual͏ tradin͏g wi͏th m͏in͏imal͏ ͏pr͏͏ice ͏impact a͏͏͏n͏͏d lo͏w f͏ees. Its multi-as͏set pools offer dive͏rse rev͏en͏ue͏ st͏reams ͏fo͏r l͏i͏͏qui͏dity͏ pro͏vi͏de͏rs.͏<\/span><\/p>\n

1͏͏. J͏oeTo͏ken ͏($JOE)͏<\/b><\/h3>\n

JoeToken ($JOE) is the native token for Trader Joe, a decentralized exchange on the Avalanche blockchain. It ranks among the most popular cryptocurrencies in the DeFi world. Trader Joe provides various services such as swapping, staking, and yield farming, and it has locked in over $4 billion in total value since it began operating in June 2021.<\/span><\/p>\n

Trader Joe puts new ideas, quick action, and safety first. It takes pride in putting the community at the center of what it does. The platform wants to give users a full DeFi experience without cutting corners on security. To reach this goal, Trader Joe has laid out a big plan. This plan focuses on growing the number of token holders and adding better features.<\/span><\/p>\n

Trader Joe, built on the Avalanche Chain, leverages its speed and low transaction costs. Users can enjoy a modern DEX experience with an easy-to-use interface and quick, cheap transactions. The platform does more than basic trading, giving users different ways to take part in the ecosystem.<\/span><\/p>\n

\"Joe<\/p>\n

Trader Joe’s has many different and growing uses. People can provide liquidity through yield farms, which earns them JOE tokens as rewards. They can then stake these tokens or use them to vote on governance. Also, the platform’s lending protocol, Banker Joe, lets users borrow and lend without a custodian.<\/span><\/p>\n

New happenings have got the Trader Joe crowd buzzing. The group shared news about starting a fresh chapter, kicking off with a special Discord get-together. This event aims to show off what’s next for Trader Joe Decentralized Exchange, hinting at big improvements on the way.<\/span><\/p>\n

Trader Joe’s success shows in its impressive trading volume. The platform hit a lifetime spot trading volume of $120 billion. This milestone highlights Trader Joe’s growing impact on the DeFi scene and its room for more growth.<\/span><\/p>\n

\"Joe<\/p>\n

JoeToken has built connections with big names in the crypto world. Team-ups with Binance, MEXC, OKC, Crypto.com, and Gate.io have grown JoeToken’s influence. These partnerships make JoeToken easier to trade and more available to traders around the globe.<\/span><\/p>\n

JoeToken’s market performance right now catches the eye. It trades at $0.322, and it has seen a 0.49% rise in the last 24 hours. Its high DEXTscore of 99 shows strong market sentiment and room to grow.<\/span><\/p>\n

Joe Token’s community keeps getting bigger, with 148,289 holders and more than 18 million transactions. This growing user base shows that the token is becoming more popular and useful. As Trader Joe keeps coming up with new ideas, Joe Token has more and more to offer investors.<\/span><\/p>\n

2.͏͏ BENQI ($͏QI)<\/b><\/h3>\n

BENQI has grown into a full set of decentralized finance protocols on the Avalanche blockchain. It’s become one of the hottest cryptocurrencies. The system includes BENQI Markets, BENQI Liquid Staking, and Ignite, which provide easy-to-use staking and lending services.<\/span><\/p>\n

At the core of BENQI’s ecosystem sits the QI token, a native asset on Avalanche. QI manages the whole protocol, including the Liquidity Market and Liquid Staking parts. Users can stake QI to get veQI, which gives extra AVAX delegations to Avalanche Validators.<\/span><\/p>\n

BENQI’s applications cover various DeFi functions, meeting different user needs. The Liquid Staking option lets users stake AVAX and get rewards without hassle. Also, BENQI Markets make it easy to lend and borrow crypto assets, while Ignite helps users operate Avalanche validators or subnets.<\/span><\/p>\n

͏͏\"Benqi<\/span><\/p>\n

Recent changes have expanded BENQI’s products and ways for users to get involved. The start of Isolated Markets for $QI, $JOE, and $COQ has created a lot of buzz. This new option gives collateral factors between 40% and 45% for assets you put in, making your money work harder.<\/span><\/p>\n

BENQ͏I’s col͏la͏͏bo͏͏r͏͏ation wit͏h͏͏ Trad͏er J͏oe a͏nd Coq͏ In͏u ͏ha͏s f͏urthe͏r e͏nr͏i͏ched ͏i͏t͏s ec͏͏osys͏͏tem. Use͏rs͏ c͏͏a͏͏n ͏no͏w supply $͏JO͏͏E and b͏͏or͏͏r͏ow ͏$͏U͏SDC͏͏ ͏with a 4͏5% ͏c͏͏o͏lla͏t͏͏e͏ral͏ f͏a͏c͏tor. Mor͏eov͏er, Boo͏st͏ rewa͏rds ͏͏have͏ be͏en͏ act͏͏iv͏ate͏͏d͏ for ͏$AVA͏X͏, $sA͏͏VAX, $BTC͏,͏ ͏$͏U͏SDC, ͏a͏nd ͏$USDT.<\/span><\/p>\n

͏Strategic partnerships have an important influence on BENQI’s growing impact in the DeFi world. Team-ups with Definitive, OKX and Router Protocol have made BENQI easier to reach and use. These team-ups give users key tools and platforms to work with BENQI’s offerings.<\/span><\/p>\n

BENQI’s market performance shows rising interest in its full range of DeFi products. The token trades at $0.0141, up 2.02% in 24 hours. Its high DEXTscore of 99 points to positive market feelings and good liquidity for the token.<\/span><\/p>\n

BENQI’s on-chain activity shows it has a big influence on adoption and engagement in the Avalanche ecosystem. SnowScan notes BENQI has over 2.6 million transactions and 33,553 token holders. These numbers highlight BENQI’s busy ecosystem and how much DeFi fans on Avalanche like it.<\/span><\/p>\n

3. ͏Pepe Unchained ($PEPU)<\/b><\/h3>\n

Pepe Unchained<\/span><\/a> is revolutionizing the meme coin landscape with its innovative Layer 2 blockchain technology. It’s quickly becoming one of the Most Trending Cryptocurrencies in the market. This evolution of the beloved Pepe character breaks free from the constraints of traditional Layer 1 blockchains, offering a world of endless possibilities.<\/span><\/b><\/p>\n

At its core, Pepe Unchained leverages Ethereum Layer 2 technology to address common blockchain issues. This secondary layer significantly improves scalability, speed, and efficiency, allowing for a higher volume of transactions at lower costs. As a result, users can enjoy a smoother, more cost-effective experience when interacting with the Pepe Unchained ecosystem.<\/span><\/b><\/p>\n

One of the most exciting features of Pepe Unchained is its enhanced staking rewards system. By utilizing Layer 2 solutions, the project can offer double the staking rewards compared to traditional platforms. This means more opportunities for users to grow their investments and participate in the ecosystem’s growth.<\/span><\/b><\/p>\n

Speed is another crucial advantage of Pepe Unchained’s Layer 2 implementation. Transactions are processed significantly faster than on Layer 1 blockchains, ensuring a seamless user experience. This lightning-fast speed allows for quick staking, trading, and interaction within the Pepe Unchained network.<\/span><\/p>\n