{"id":576764,"date":"2024-09-15T06:27:52","date_gmt":"2024-09-15T06:27:52","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=576764"},"modified":"2024-09-15T06:27:52","modified_gmt":"2024-09-15T06:27:52","slug":"most-trending-cryptocurrencies-on-ethereum-ptokens-tlos-mega-dice-hilo","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/most-trending-cryptocurrencies-on-ethereum-ptokens-tlos-mega-dice-hilo","title":{"rendered":"Most Trending Cryptocurrencies on Ethereum \u2013 pTokens TLOS, Mega Dice, Hilo"},"content":{"rendered":"

Several blockchain networks experienced notable growth in August, with some reporting strong revenue numbers. Ethereum ranked second in monthly revenue, bringing in $34.8 million. Although this was about half of Tron’s earnings, Ethereum continues to play a key role in decentralized applications and transactions, sustaining its market presence.<\/span><\/p>\n

Given Ethereum’s performance, other ecosystem tokens have seen price increases. This article curates the <\/span>most trending cryptocurrencies on Ethereum<\/a>.<\/b><\/p>\n

Most Trending Cryptocurrencies on Ethereum<\/b><\/h2>\n

Vader is a liquidity platform that combines an algorithmic-collateralized stablecoin, USDV, with liquidity pools supported by synthetic assets. Telos (TLOS) provides various Web 3.0 scaling solutions, utilizing zero-knowledge (zk) technology to power real-world applications. <\/span><\/p>\n

HILO simplifies crypto predictions with an easy up\/down mechanism for forecasting token prices. The Mega Dice (DICE) presale is gaining momentum and attracting significant investor interest. So far, DICE, the native token of Mega Dice Casino, has secured over $1.8 million in funding. Meanwhile, <\/span>Bitcoin is approaching $60,000<\/span><\/a> as consumer sentiment reaches a four-month high.<\/span><\/p>\n

1. Vader (VADER)<\/b><\/h3>\n

Vader is a liquidity platform that merges an algorithmic-collateralized stablecoin, USDV, with liquidity pools enhanced by synthetic assets. The stablecoin, USDV, is issued when VADER tokens are burned and acts as the settlement asset within its liquidity pools. <\/span><\/p>\n

Moreover, the protocol’s liquidity incentives actively mitigate impermanent loss, making these pools more attractive to capital providers. Additionally, Vader enables the acquisition of Protocol Owned Liquidity through bond sales. Synthetic assets, created from liquidity pool shares, allow single-sided staking, removing the risk of impermanent loss.<\/span><\/p>\n

Vader trades at $0.00002291 following a 214.05% intraday increase. The price has risen by 23% in the past year, reflecting its positive trend. Furthermore, the protocol exhibits high liquidity relative to its market cap. Price prediction sentiment remains bullish, with 26 technical indicators showing positive signals, while only 4 show bearish trends.<\/span><\/p>\n

\"VADER<\/p>\n

Vader saw its strongest performance in 2021, with a 772.86% price increase. In contrast, 2022 was its worst year, experiencing a sharp 99.96% decline. Despite this volatility, the average annual growth over the past four years is 215.77%. The protocol performs well in the fourth quarter, with an average gain of 260.24%. However, it struggled in the second quarter, with an average loss of 67.67%. <\/span><\/p>\n

Its all-time high of $0.132069 occurred on January 5, 2022. The lowest price, $0.00006174, was recorded in August 2024. Vader shows both growth potential and risk, with sharp price fluctuations.<\/span><\/p>\n

2. pTokens TLOS (TLOS)<\/b><\/h3>\n

Telos (TLOS) offers a range of Web 3.0 scaling solutions, using zero-knowledge (zk) technology to drive real-world applications. A key feature is SNARKtor, a decentralized protocol for recursive proof aggregation. It consolidates multiple transaction proofs into one, boosting blockchain scalability, efficiency, and privacy. This improves cost-effectiveness and security, making the system more accessible for mainstream use.<\/span><\/p>\n

Telos zkEVM, a Layer 2 solution, builds on this technology to enable scalable SNARK verification. It protects user data while ensuring regulatory compliance and provides trustless interoperability between systems. <\/span><\/p>\n

\"TLOS<\/p>\n

The Telos Zero layer forms the network’s foundation, focusing on governance and security. It supports block production and provides decentralized protection for millions of users across different blockchain platforms. <\/span><\/p>\n

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https:\/\/t.co\/UHW6K7wZIp<\/a><\/p>\n

— The Telos Foundation (@HelloTelos) September 7, 2024<\/a><\/p><\/blockquote>\n