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Since integrating Bitcoin into its financial strategy in April 2024, Japanese company Metaplanet has seen its stock rise 443.2%, outperforming other major assets. This dramatic rise is primarily attributed to the company’s decision to embrace cryptocurrency, which boosted investor confidence and led to greater demand for its shares.
Meanwhile, Aerodrome, a decentralized exchange (DEX) operating on the Ethereum-based Base Layer 2 network, has surpassed $1 billion in total value locked (TVL). DeFiLlama data shows that the protocol’s TVL increased by 22% over the past week, pushing it past the $1 billion milestone. Additionally, the price of AERO, Aerodrome’s native token, jumped 50% during the same period. Meanwhile, tokens within specific blockchains have also seen rallies. This article organizes the cryptocurrency tokens trending on Avalanche Chain today.
Cryptocurrency Tokens Trending on Avalanche Chain Today
The current price of Lucky Coin (LUCKY) stands at $100.98, with a market cap of $78.45K and a 24-hour trading volume of $2.44K. BloodLoop is a 5v5 hero shooter set in a futuristic, dystopian world, offering intense third-person combat gameplay.
PHARAOH (PHAR) is currently valued at $39.278, reflecting an increase of 7.71% over the past 24 hours. Meanwhile, Pepe Unchained (PEPU) is gaining traction in the crypto space, having raised over $17 million through its presale. Furthermore, Bitwise has filed with the SEC to launch an ETF focused on XRP.
1. Lucky coin (LUCKY)
Lucky Coin (LUCKY) live price is currently $100.98, with a market cap of $78.45K and a 24-hour trading volume of $2.44K. Over the past 24 hours, the coin saw a slight decline of 1.25%. The circulating supply stands at 776.97 coins, which is also the total maximum supply.
The market showed minimal activity during this period, with only one unit of volume recorded. This suggests low liquidity or infrequent trading. A sudden green candlestick highlighted a notable upward price movement, signaling a 1.75% gain. However, this was quickly followed by two small red candles, indicating a slight price retracement or correction. This change suggests that after the initial upward push from buyers, sellers attempted to push the price lower, although it remained relatively stable around $0.03833.
After this price surge, there appears to be a period of sideways movement, suggesting possible consolidation. This phase may indicate that the market is adjusting to the new price level, with traders likely waiting for additional data or signals before making their next move.
The sharp price rise, despite low trading volume, indicates limited liquidity. As a result, even a small number of transactions can have a significant impact on price movements. The current period of consolidation suggests some uncertainty in the market, as traders might be cautious about the next price direction.
Other market data shows that the coin has a liquidity pool of $28.8k and 789 holders. Volatility stands at 0.0846, while total transactions reached 11.23K. In the liquidity pool, 554.74 WAVAX and 142.66 LUCKY are held, representing 18.36% of the total pooled supply.
2. BloodLoop Burst (BLS)
BloodLoop is a 5v5 hero shooter that combines intense third-person combat with a futuristic and dystopian setting. The game features teams of heroes, each with unique abilities, allowing players to experiment with various strategies and play styles. Set in a world where factions fight for dominance, the game aims to provide an engaging experience for fans tactical shooting games.
Developed by veterans of industry-leading studios like Crytek, Ubisoft, and Activision, BloodLoop combines innovative elements with familiar mechanics. Its goal is to provide a new but accessible experience that can appeal to both newcomers and seasoned players.
On the market side, the BloodLoop Shard (BLS) token currently holds a real price of $0.230, with a market cap of $5.34 million. Over the past 24 hours, trading volume saw a slight increase of 16.73%, with transactions worth $2.93K. The BLS has a circulating supply of 23.25 million out of a total of 350 million coins. With 7,170 holders and a total market capitalization of $80.50 million, the token’s current supply is approximately 6.64% of the high.
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Recent price action shows some volatility, with a notable increase of 1.88%. Previously, the price increased from $0.215 to $0.230, likely due to buyer interest. However, a period of slight correction followed, stabilizing the price. Trading volume remains low, which may lead to larger price fluctuations due to lower liquidity. The current price movement reflects cautious optimism, as shown by the balance between the green (buy) and red (sell) candlesticks on the chart.
3. PHARAOH (PHAR)
PHARAOH (PHAR) is currently priced at $39.278, showing an increase of 7.71% in the last 24 hours. With a market capitalization of $719.97K and a daily trading volume of $20.24K, the token has seen notable activity. Out of its maximum supply of 113.45,000, approximately 18.33,000 PHAR coins are in circulation, accounting for 16.15% of the total. The number of holders reached 5.18K, indicating growing interest in the token.
PHARAOH’s liquidity is reported at $492.1k, with assets clustered between 9.87k WAVAX and 6.18k PHAR. The token has a moderate volatility index of 0.0411, suggesting the possibility of price fluctuations. The total number of transactions, which currently stands at 20,36,000, indicates active engagement, although the relatively low daily volume may impact price action in the short term.
We just surpassed $82 million in epoch 41 trading volume, which is a new all-time high for a single epoch!
Thank you everyone for being a part of this incredible journey. Every exchange strengthens Pharaon and the AVAX ecosystem.
Remember that 72% of the costs go to vePHAR… pic.twitter.com/32TRryDxAX
– Pharaoh on AVAX (@PharaohExchange) October 2, 2024
Looking at the price action of the BLS/USD pair through a DEXTools.io candlestick chart, we observe some volatility. The current price stands at $0.2300, reflecting an increase of 1.88%. The most recent candle opened at $0.2257, reaching a high at $0.2300, indicating a slight upward movement. Earlier in the chart, a series of green candlesticks signaled an uptrend, pushing the price from around $0.215 to $0.2300. This rally was followed by red candlesticks, suggesting a brief correction or profit-taking after the initial rise.
What could be the next hottest cryptocurrency?
Pepe unleashed (PEPU) is gaining attention in the crypto market, largely due to its successful presale, which has already raised over $17 million. The project stands out for building a layer 2 network specifically designed for meme coins. This network aims to offer faster transactions and lower fees than Ethereum while placing a strong emphasis on security.
One of the most notable aspects of Pepe Unchained is its “Pepe Frens with Benefits” initiative, a developer grant program aimed at fostering the creation of decentralized applications (dApps), NFTs, and DeFi tools. By striving to attract developers from the start, the project positions itself to launch with a variety of practical applications. Therefore, this approach could help Pepe Unchained carve out a niche in the highly competitive Layer 2 space.
For investors, the project also offers an attractive annual percentage yield (APY) of 125%. Additionally, the tokens are currently priced at $0.00991, and speculation about potential listings on major exchanges is further fueling interest. Although specific details regarding these Tier 1 listings have not yet been released, these indices are generating anticipation among investors.
The breaker of chains strikes again!
17 million dollars raised 🏗️ pic.twitter.com/dTpGIkooRO
– Pepe Unchained (@pepe_unchained) October 2, 2024
Additionally, another factor contributing to the project’s momentum is the growing interest from large investors. For example, recent purchases of 23 ETH and 10 ETH by so-called “crypto whales” suggest growing confidence in its potential. This trend is often seen as a positive signal for emerging projects like Pepe unleashed.
Visit the Pepe Unchained presale
Learn more
Most Wanted Crypto Launch – Pepe Unchained
- Layer 2 Coin Ecosystem
- Featured in Cointelegraph
- SolidProof and Coinsult audited
- Faceoff Rewards – pepeunchained.com
- Over $10M Raised at ICO – Ending Soon
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