{"id":577393,"date":"2024-09-17T05:17:43","date_gmt":"2024-09-17T05:17:43","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=577393"},"modified":"2024-09-17T05:17:43","modified_gmt":"2024-09-17T05:17:43","slug":"most-trending-cryptocurrencies-on-base-chain-now-polygon-on-base-mork-xswap","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/most-trending-cryptocurrencies-on-base-chain-now-polygon-on-base-mork-xswap","title":{"rendered":"Most Trending Cryptocurrencies on Base Chain Now \u2013 POLYGON ON BASE, Mork, XSwap"},"content":{"rendered":"

Last week, $726 million was withdrawn from digital asset investment products, marking one of the largest outflows in 2023. Expectations of possible interest rate cuts from the US Federal Reserve largely fueled this movement.<\/span><\/p>\n

In contrast, the TON Blockchain has demonstrated stability amid challenging market conditions, continuing to draw users from the Solana (SOL) ecosystem. TON’s intuitive platform and innovative features appeal to Solana users seeking new opportunities. Meanwhile, tokens within the Base network also rallied. InsideBitcoins curates the <\/span>most trending cryptocurrencies on Base Chain now<\/a>.<\/p>\n

Most Trending Cryptocurrencies on Base Chain Now<\/b><\/h2>\n

Polygon on Base ($MATICB) introduces a memecoin that merges elements of two blockchain networks, presenting a novel but speculative take on cryptocurrency. XSwap, a decentralized application (dApp), operates on Chainlink’s Cross-Chain Interoperability Protocol (CCIP). <\/span><\/p>\n

Meanwhile, Mork Coin brings together meme culture and a meaningful cause inspired by the perseverance of rescue dogs. Additionally, the Memebet project has already raised over $232,000, indicating initial momentum. India remains at the forefront of <\/span>crypto adoption<\/span><\/a> for the second consecutive year.<\/span><\/p>\n

1. POLYGON ON BASE (MATICB)<\/b><\/h3>\n

Polygon on Base ($MATICB) introduces a memecoin that combines aspects of two blockchain platforms, offering an innovative yet speculative approach to cryptocurrency. Although it uses the Polygon name, $MATICB is not affiliated with the Polygon (MATIC) network. Its appeal largely comes from its playful branding and potential to attract meme coin enthusiasts.<\/span><\/p>\n

\"MATICB<\/p>\n

The project reports a total market capitalization of $12.20K, with a live price of $0.00163 per $MATICB token. It has a circulating supply of 7.51 million tokens, all of which are actively traded, contributing to 100% of the supply being in circulation. Despite the project’s small size, it has a notable 24-hour trading volume of $10.25K, reflecting a 13.68% increase over the previous day.<\/span><\/p>\n

Furthermore, the tokenomics show that 100% of the total supply has been burnt, meaning no new tokens are expected to enter circulation. With no liquidity tax and a balanced liquidity pool of $7.06K, the project has relatively modest liquidity. Approximately 28.95% of the supply is pooled with WETH, stabilizing the token’s tradeability.<\/span><\/p>\n

Moreover, Polygon on Base has a small holder base of 39.75K and boasts no buy or sell taxes, which may be attractive to certain investors. However, the volatility index is measured at 1.45, indicating some price fluctuations common in memecoins. Investors may find its low entry cost and zero tax structure appealing but should remain cautious of its volatility.<\/span><\/p>\n

2. XSwap (XSWAP)<\/b><\/h3>\n

XSwap is a decentralized application (dApp) built on Chainlink’s Cross-Chain Interoperability Protocol (CCIP). It facilitates cross-chain token swaps, enabling flexible smart contract execution on destination blockchains. By adding a service layer to Chainlink’s decentralized messaging and fund transfer system, XSwap makes cross-chain transactions more efficient.<\/span><\/p>\n

\"XSWAP<\/p>\n

XSwap trades at $0.03677, showing a 12.80% increase in the last 24 hours. Its liquidity remains high relative to its market cap, signaling strong market activity. However, the overall market sentiment is currently bearish. While seven technical indicators show positive trends, 15 points to negative signals, suggesting caution in the short term.<\/span><\/p>\n

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XSwap Ecosystem Update 🌐<\/p>\n

In our half-year journey, we’ve crossed with the top tier projects to build the most powerful Cross-Chain ecosystem, powered by #Chainlink<\/a> CCIP.<\/p>\n

Number of listed tokens and XPay integrations exceeded our expectations 🔥<\/p>\n

We have so much more planned,… pic.twitter.com\/ct7Zxlfho6<\/a><\/p>\n

— XSwap 🔗 (@xswap_link) September 10, 2024<\/a><\/p><\/blockquote>\n