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Explore the top trending crypto coins on DEXTool, the decentralized exchange analytics platform. Discover potential gems and track trending token performance with real-time data and insights on DEXTool.
DEXTool is a powerhouse of insights and analytics that opens the door to real-time information for crypto enthusiasts and traders. Within this reputable platform lies a treasure trove of data, revealing the top trending crypto coins currently capturing the spotlight in the decentralized exchange landscape.
These top trending projects are not just symbols on a chart. They represent the pulse of decentralized finance. They embody innovation, potential, and promise of substantial returns.
Today, we will highlight the three top trending projects on DEXTools. We will consider their recent price performance and use cases, including other relevant details that make each coin worth considering.
Top Trending Crypto Coins on DEXTools
As we approach the year-end, Bitcoin and associated stocks and tokens are on an upward trajectory. This reflects the market anticipation for a potential approval of a spot Bitcoin ETF in the US.
Despite long-standing applications, recent signals from the SEC suggest a possibility of ratification for efforts by major players like Blackrock and Fidelity. Bitcoin currently hovers just above $43,000, a significant climb from its year-start value of around $17,000.
Ethereum (ETH-USD) also exhibits a 5.8% gain, reaching $2,382. Data from CoinMarketCap indicates a 2.2% increase in the total crypto market cap over the past day.
1. Byte ($BYTE)
Byte ($BYTE) is a distinctive ERC meme token that ingeniously blends cryptocurrency with popular culture. This is done by playfully adopting the concept of “Grok’s dog” as its mascot, inspired by Elon Musk’s announcement regarding his dog’s name.
Notably, $BYTE stands out in the crypto sphere by implementing a zero-tax policy, a feature increasingly attractive to investors seeking financial efficiency. This novel token further distinguishes itself through unwavering transparency and investor trust, achieved by permanently burning liquidity and renouncing contract ownership.
These measures ensure that $BYTE remains a community-driven project, placing control firmly in the hands of its holders. Beyond its playful theme and tech icon reference, the appeal lies in its investor-friendly policies, making it an intriguing addition to the meme token ecosystem.
Furthermore, the ability to trade BYTE on decentralized exchanges, particularly on the popular Uniswap V2, adds accessibility for potential investors. This contributes to its position as a noteworthy player in the evolving crypto landscape.
Byte will make ETH CypherPunk again$BYTE https://t.co/rRlMg65zNe pic.twitter.com/oqGigGuUx7
— Byte | $BYTE (@Byte_Erc20) December 30, 2023
The price of Byte (BYTE) is $0.00000387 today, with a 24-hour trading volume of $757,775.82. This represents a -24.80% price decline in the last 24 hours and a -35.90% price decline in the past seven days. If you’re looking for the market cap of Byte, data is not available today as the circulating supply of BYTE tokens has yet to be reported.
2. Beam (BEAM)
Beam, a gaming-focused sovereign network by the Merit Circle DAO, operates independently on the established Avalanche network. The recent migration from $MC to $BEAM approved through MIP-28 and MIP-29, aligns with the Merit Circle ecosystem’s evolving activities.
However, as an Avalanche subnet, Beam combines the advantages of the Avalanche protocol with a specific focus on gaming applications. Beam employs Proof of Authority enhanced with the Snowman protocol in the developer preview. This ensures transaction integrity through selected reputable authorities.
The BEAM token, becoming the native token of the Beam network, holds utility as fuel for blockchain gaming and governance within the Merit Circle ecosystem. This makes it a focal point for coordination and incentivization.
Thrilled to have such heavy-hitters like @aminorewards building on Beam!https://t.co/cqxaG6PYMO
— Beam (@BuildOnBeam) December 30, 2023
Trading on popular exchanges like Binance adds accessibility for potential investors, emphasizing the coin’s presence in the dynamic crypto market. Beam (BEAM) is $0.01757050 today, with a 24-hour trading volume of $19,099,141.18.
This price update represents a 1.90% price increase in the last 24 hours and a -7.40% decline in the past seven days. With a circulating supply of 48 Billion BEAM, Beam is valued at a market cap of $843,189,279.
3. Liquid Crypto (LQDX)
Liquid Crypto, a fully decentralized finance platform, aims to eliminate barriers investors face in Traditional and Decentralized finance. The team envisions eradicating inefficiencies and opacity in traditional finance models, delivering products and services to unlock real value in the crypto markets.
However, operating as a DEX, every transaction and action on Liquid Crypto is executed by fully audited smart contracts, eliminating 3rd party intermediaries. Customers contribute liquidity by staking funds and receiving rewards in return.
The Liquid+ App prioritizes investor safety with multiple security levels. It offers a transparent multi-chain exchange for the seamless movement of Fiat or any Cryptocurrency. Liquid Crypto (LQDX) increased by 42.50% in the last seven days. This outperforms the global cryptocurrency market, which increased by 0.90%.
Furthermore, Liquid Crypto stood out even more than similar BNB Chain Ecosystem cryptocurrencies. LQDX tokens are actively traded on decentralized exchanges. Pancakeswap V3 (BSC) is the most popular, with a trading volume of $3,300.26 in the last 24 hours.
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The ONUS app is gearing up to reveal the listing of Liquid Crypto $LQDX, presenting opportunities for Off-chain, On-chain, Conversion, and P2P transactions. 💸🔄
Get ready… pic.twitter.com/As6z0kVzIQ
— LiquidCrypto (@_LiquidCrypto) December 30, 2023
The price of Liquid Crypto (LQDX) is $0.150052 today, with a 24-hour trading volume of $3,300.35. This represents a -0.40% price decline in the last 24 hours and a 42.70% price increase in the past seven days. With a circulating supply of 17 Million LQDX, Liquid Crypto is valued at a market cap of $2,591,646.
What Might Be The Next Top Trending Crypto?
Sponge V2 (SPONGEV2) is preparing to evolve into its next iteration. It follows the success of the original SPONGE token, which surged from a $1 million to over $100 million market cap within weeks. Over 11,800 unique SPONGE holders are scattered globally.
However, developers aim to replicate this growth with SPONGEV2. They’re introducing a play-to-earn racing game to enhance utility. Moreover, existing SPONGE holders can stake tokens to acquire SPONGEV2, while new buyers can swap Ethereum (ETH) or USDT to enter the staking pool and earn SPONGEV2.
Notably, the staking yield is set at an enticing 622% per year, allowing stakers to earn over six times their initial investment in the first year. The anticipation around SPONGEV2 is high, with expectations of significant price growth once listed on public exchanges.
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Time to absorb more damp!🧽💦#SpongeV2 #MemeCoin #Alts pic.twitter.com/Z1UuSOAfIE
— $SPONGE (@spongeoneth) December 27, 2023
Nevertheless, to obtain SPONGEV2, individuals can buy and stake Sponge V1 through the Sponge VIP website or stake-held Sponge V1 through the same platform. The staking duration and amount of V1 tokens staked determine the earned V2 tokens.
All V1 tokens sent to the V2 staking pool will reserve an equivalent amount of V2 tokens with a variable APY. However, once Sponge V2 is launched, V1 tokens will be permanently locked.
Additionally, SPONGEV2 introduces a play-to-earn game, offering a free and paid version where users can use $SPONGEV2 tokens to purchase game credits. This utility enhances the value of the $SPONGEV2 token, providing unique opportunities for the meme coin community.
More details about the game will be announced on social channels closer to release.
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