Top trending cryptocurrencies on Solana Chain today – Jiji, Buna, Popcat

adminApril 27, 2024

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The gloomy clouds over the cryptocurrency market are growing thicker today with the price of Bitcoin falling slightly. With the giant token trading below the 62,000 price mark, many believe the bull market is over, with the Fear/Greed Index falling below 60 points for the first time in four months.

However, as bearish sentiment builds across the cryptocurrency market, Solana Chain’s most popular cryptocurrency is posting impressive numbers. Some tokens on the chain have recorded increases of over 165% in the last 24 hours. Trends on the Solana network have many people thinking that their funds will be diverted to alternative assets in the coming months.

Most Popular Cryptocurrencies on Solana Chain

Pre-sale cryptocurrency trends are relatively different. Upcoming cryptocurrency projects continue to attract increasing investor interest, with several projects raising tens of millions of dollars within a matter of weeks. 5th Scape is an ongoing pre-sale project that is becoming increasingly influential in the virtual reality space. This article covers the pre-sale offering of the project and shares an overview of what the project entails.

1, POPCAT

POPCAT is a recently launched memecoin project on the Solana chain, with the token price increasing over 2200% in less than 4 months. The project webpage describes memecoin as a team effort to give people who missed out on BONK play a chance to share in the 1000x trend.

Despite the overall decline in cryptocurrency prices, Popcat has been recording steady price increases recently. Market data shows that the cryptocurrency price is up more than 40% this week and appears well-positioned to attract further gains in the coming weeks.

Popcat price chart

With a market capitalization of over $350 million, POPCAT is one of the fastest growing cryptocurrencies. Market capitalization is determined by the number of tokens in circulation. According to tipsters on the Solscan data page, there are approximately 1 billion POPCAT tokens in circulation at the time of this writing. Likewise, according to DEXTools, it has over 40,000 holders and has completed over 26,200 transactions.

The project maintains a highly engaged community with consistent interaction across social media platforms. The group’s activities are also one of the reasons it attracts attention.

Announcing a new partnership with @TrojanOnSolana 🤝
There are no fees whatsoever when trading. $popcat
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— $POPCAT (@POPCATSOLANA) April 26, 2024

Popcat is working to increase use cases and enable holders to obtain value from their tokens. We have established partnerships with Solana-based platforms such as Solana’s Trojan. The partnership makes it easier to trade POPCAT tokens commission-free. More information about the partnership can be found on the project’s official Twitter.

2. JIJI

JIJI recently debuted on Sol Chain with a market capitalization of $1 million and a liquidity value of $520,000. JIJI is a multi-chain utility project that exists on Solana and BNB chains. At the time of writing, the token price is $0.0008314, with a trading volume of $46.88M. The sudden surge in trading volume, now at nearly 1000% of its market capitalization, was due to its appearance on the list of popular assets on the Solana chain.

The increase in volume complements the soaring prices. In the last 24 hours, JIJI price has risen by more than 165%. If your community and team maintain impressive trends, your project will likely appear repeatedly on the trending list over the coming weeks and quarters.

Additionally, the number of JIJI holders is increasing, with DEXTools recording 3,400 holders, slightly higher than the previous day. Solscan data also shows that more than 50402 projects have been completed, which could mean that use cases are increasing.

support price chart

Although the project has many advantages, JIJI presents serious drawbacks that threaten the cryptocurrency’s ability to maintain its value over the long term. According to DEXTools data, the token has a high volatility rating, meaning its price fluctuates more quickly than most crypto tokens.

The project also needs more background information about the founders and team. Additionally, as of this writing, operational details and white papers for the project are not available, making it a bit difficult to verify the overall value of the project.

3. Hello (like)

Buna Games is a newly launched crypto gaming platform on the Solana chain that leverages the GameFi trend to encourage reward-driven fun experiences for users. The project combines Memecoin with utility functions to ensure token holders receive value for their community participation.

Buna, the name of the project mascot, is described as a super cat with a unique mission. The project claims the mascot will break down traditional financial barriers and provide community members around the world with the power to create wealth. The project is gradually gathering followers around the world.

BUNA price chart

According to information from DEXTools, the project has over 3200 holders at the time of writing. It is reported that the token supply is approximately 4.1 million BUNA and the market capitalization is $4.19 million. Buna’s price has received a slight boost in value due to recent interest in the project, especially with its appearance on Solana’s trending list today.

Despite Buna Game’s impressive price and market data, its liquidity lags, with DEXTools reporting a liquidity valuation of $159.93K. Additionally, there is limited background information about the team, partners, and people behind the project.

Therefore Rule the Catniverse
Another 12.4% of token supply will be burned today!
Current combustion: 58% / 95% target
Burn time: 21:00 UTC pic.twitter.com/gagdGxu9LR
— Buna Games (@BunaCoinGames) April 27, 2024

Buna Games solves GameFi’s problems by providing fast in-app payment services for blockchain-based games. If the project achieves the efficiencies of existing payment systems, it could usher in the future of blockchain payments, as GameFi plays a critical role in the future of the industry. This also impacts burn strategies to reduce the circulating supply of tokens.

What will be the next top trending cryptocurrency?

Virtual reality technology will eventually revolutionize the way people consume content. The world is seeing different iterations of technology and trends building around them. As the global economy enters the new year, the dominance of the AI narrative has increased, leading to AI cryptocurrencies dominating the market.

NOTE: This video has not been optimized to its full potential and should not be considered a demo video. There will be many upgrades in terms of environments, character customization, gameplay, and many other elements.
Just to give you a sneak peek at some of the early versions…
— 5th Scape (@5th_scape) April 24, 2024

However, in the future, as the number of users of VR equipment increases, the hype around virtual reality is expected to surge. so 5th scenery We strive to be a force for thought within the space. Recently, we launched a pre-sale service for 5SCAPE tokens, which will serve as the project’s base currency.

5th Scape is designed to provide the best content to VR users around the world. The project is described as the most popular VR network globally and aims to distribute games and entertainment content through the network. We also aim to provide educational content to VR users, which is another use case for VR equipment.

However, for now we offer: 5scape We offer $0.00215 tokens to investors around the world. The planned listing price is $0.01. This means the pre-sale price is over 300% off. I think the discount should be lifted quickly.

Therefore, investors who participate early can lock in the value of the exchange before the project launches. Detailed information about pre-sale participation can be found on the project website.

Check out the 5th Scape Presale