Most popular cryptocurrencies on Polygon – XNET Mobile, Gaia Everworld, DFYN Token

adminMarch 13, 2024

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The Consumer Price Index (CPI) is not out and the numbers are not encouraging. However, the effects are not yet visible in the cryptocurrency market. Interestingly, popular blockchains like Polygon are also pushing fees to new levels. The most popular token on the Polygon chain continues to record impressive numbers, recording over 113 million transactions in February, making it the third most used chain.

Even as other assets on the market are hitting new highs, the chain’s most popular tokens are also seeing surprising price movements. XNET Mobile, Gaia Everworld, and DFYN Token are some of the top popular cryptocurrencies to watch on the Polygon chain today, and this post highlights their price action.

Most popular cryptocurrencies on Polygon

Meanwhile, there are other top performers in the market that deserve the attention of every investor and trader. We have included a brief overview of the price movements of newly launched cryptocurrency tokens that are recording impressive numbers. The market performance of those assets has been quite impressive. Moreover, it is gradually leapfrogging its way to becoming one of the best performing assets.

1. XNET Mobile (XNET)

XNET Mobile (XNET) is a unique cryptocurrency with an innovative approach to building and operating wireless networks. Unlike traditional networks that rely on expensive spectrum licenses and infrastructure, XNET leverages a decentralized model.

Therefore, XNET only owns spectrum or a significant amount of physical network infrastructure. Instead, a dedicated community of individual XNET supporters, professional network deployment companies, and ISPs handle network asset acquisition, deployment, and operation.

XNET price chart

The current price of XNET is $0.07625, with a 24-hour trading volume of $7,971.66. Moreover, in the last 24 hours alone, XNET has experienced an impressive price increase of 40.00%. The price has increased by 23.90% in the last 7 days. It is important to note that data on XNET Mobile’s market capitalization is not currently available due to unreported circulating supply.

Additionally, XNET Mobile has shown remarkable performance in the cryptocurrency market. This is especially noteworthy when compared to similar cryptocurrencies on the global market and within the Polygon ecosystem.

This is an example of a perfect location for a carrier-grade XNET Wi-Fi deployment. @Heleus Network🚀🚀🚀
Start your own Wi-Fi roaming network and start selling mobile data to carriers in minutes!📶📶📶 👇https://t.co/vPByAxgdyl https://t.co/IWiBoJKHAY
— XNET – The first mobile operator powered by Web 3.0 (@XNET_Mobile) March 9, 2024

Over the past seven days, XNET has outperformed the global cryptocurrency market with an increase of 15.30%. It also outperformed similar tokens within the Polygon ecosystem that had not undergone any changes.

Investors and traders interested in XNET tokens can trade XNET tokens on the decentralized exchange. Quickswap (v3) is the most widely used exchange for XNET Mobile purchasing and trading. The most active trading pair on Quickswap (v3) is XNET/USDC.E, with a trading volume of $7,953.80 over the last 24 hours.

2. Gaia Everworld (GAIA)

The current price of Gaia Everworld is $0.012773 with a 24-hour trading volume of $61,225. Despite having a market capitalization of $0.00 and a market power of 0.00%, GAIA price has surged 8.93% in the last 24 hours.

The token hit a high of $1.344250 on November 23, 2021. Conversely, the lowest price was recorded at $0.002510 on September 21, 2023, indicating a significant change in value. Gaia Everworld price sentiment remains neutral, while its Fear and Greed Index scores 81, indicating extreme greed. This shows that now is a good time to buy GAIA tokens.

GAIA price chart

In the Metaverse category, Gaia Everworld currently ranks 131st. Its price has surged 136% over the past year, outperforming 56% of the top 100 cryptocurrency assets. Moreover, it is trading above its 200-day SMA and has recorded 17 green days in the last 30 days, indicating positive momentum.

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Visit @Web3Games_Daily Enter and follow the instructions to win $120 GaiaEverWorld tokens via tweet below. @bengbenp2e @playtoearn_net @GaiaFund @GAM3Sgg_ @immutability @elliotrades https://t.co/ZV5f8deY2w
— Gaia EverWorld (@GaiaEverWorld) February 5, 2024

Gaia Everworld’s best performance was in 2023, with a remarkable price increase of 292.21%. Conversely, 2022 recorded a recession with prices falling -99.38%. Gaia Everworld has experienced an average annual growth rate of 43.86%. Typically, Q4 has the highest profits and Q2 has the lowest losses.

Gaia Everworld is an immersive, multi-region fantasy world where players can build a kingdom, explore the lands, and engage in a variety of activities. These activities include collecting, breeding, and fighting Gaia Legionnaires.

3. DFYN Token (DFYN)

Dfyn is actively developing a decentralized exchange (DEX) network encompassing a variety of blockchains. The project aims to integrate multiple liquidity sources across chains, including a cross-chain liquidity ecosystem built by the Router Protocol.

The current price of Dfyn is $0.041086 with a 24-hour trading volume of $544,147. Despite having a market capitalization of $0.00 and a market power of 0.00%, Dfyn has surged 36.40% in the last 24 hours.

DFYN price chart

Dfyn reached its all-time high on May 16, 2021, reaching a high of $8.28. Conversely, the lowest price was recorded on October 20, 2023 at $0.010674. Additionally, Dfyn’s price forecast sentiment is currently bullish. The fear and greed index is 81 points, indicating extreme greed.

Can exchanges have a mind of their own? 🤯 @_Dfyn , we are on the verge of unveiling something groundbreaking. Be prepared for a trading platform that is so intuitive that it almost feels like it’s thinking with you. 🌟 Pay attention. The future of trading is closer than you think. pic.twitter.com/9eOZVBB6gA
– DFYN (@_Dfyn) March 10, 2024

Within the Ethereum (ERC20) token sector, Dfyn is currently ranked 2163. Over the past year, the price has risen 1%, trading above the 200-day simple moving average. Dfyn is also tradable on KuCoin.

Dfyn’s best performance was in 2023, when the price increased by 21.79%. Additionally, in 2022, the price dropped significantly by -89.77%. Dfyn’s average annual growth rate over the past four years is -48.30%. In general, Dfyn was the best performer in the first quarter, with an average gain of 12.68%. Conversely, the average loss rate in the third quarter was -29.62%, showing the lowest performance.

What will be the next top trending cryptocurrency?

Smog’s outstanding performance has established the token as one of the best cryptocurrencies to watch during this period. Despite the decline in fund inflows into the Memecoin sector, it has recorded a price increase of over 138% over the past seven days. Additionally, data from SMOG charts indicates that the token still has the potential to reach higher volumes this quarter.

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— Smog (@SMOGToken) February 10, 2024

However, asset prices have fallen over the past 24 hours as funds move into major altcoins. Interestingly, the decline presents an opportunity for investors to buy more at a discount as the community builds momentum after the token.

One of the factors that will drive the next phase of the SMOG rally is already underway. The project is eyeing on executing one of the biggest airdrops of the bull market, and community members are already gearing up for action.

In general, the progress is quite remarkable. As of this writing, participants have completed over 1.8 million quests. Likewise, SMOG has achieved a market capitalization of $213.63 million with over 98.28k holders. Compared to many projects debuting at the same time, SMOG’s numbers are quite impressive and the token’s prospects are clear.

Visit Smog Presale