Currently the most popular cryptocurrencies on Basechain – based on Bunny, Snort, Riky

Cryptocurrency investors looking for opportunities must exercise extreme caution due to the unpredictable price fluctuations of crypto assets. If possible, it’s best to look at properties with strong foundations, functional teams, and established communities. This allows investors to reduce their exposure to pump-and-dump projects.

Recently, the number of cryptocurrency projects built on Basechain has increased dramatically. Many projects launched on the network have outperformed the cryptocurrency market over the past few days. What was revealed in today’s post: Most popular cryptocurrencies on Basechain We explore the factors that contribute to the price action of each token.

Most popular cryptocurrencies on Basechain

The article also reviews the pre-sale offering and listing plans of the Bitcoin Minetrix cryptocurrency project. According to the project website, the team and community are expecting the project to launch on April 30th. Therefore, the information below highlights what every investor needs to know to take advantage of the exchange listing of their project.

1. RIKY the Raccoon

Riky the Racoon is a new memecoin built on the native network with a uniqueness that is not typical of most memecoin projects. According to the project website, it is focused on growing a community of pet lovers and cryptocurrency enthusiasts. At the same time, the project aims to enable utility by creating a native DAO to ensure community governance.

As of this writing, Riky the Racoon ranks high on the list of popular cryptocurrencies on the native network with a price increase of over 80%. It currently boasts a trading volume of around $1 million and accounts for over 30% of the market capitalization. Despite being a relatively new project, RIKY has quickly amassed a growing number of investors and a community of enthusiasts.

According to DEXTools data, the project has about 1,000 holders and a circulating supply of 100 million coins. Investors considering investing in RIKY tokens may need to stick to decentralized exchanges as the project does not have a centralized exchange listing. The project website lists Uniswap as the exchange of choice for anyone looking to add tokens to their portfolio.

It also guarantees investors that the project’s LP tokens have been burned and the ownership contract has been cancelled. This ensures users the security and sustainability of their assets. Additionally, there are claims that the project is currently working on the RIKY DAO and intends to use it as a symbol of the project’s decentralization. We need clearer details about DAO’s features and functionality. However, the project website promises that the DAO will be a game-changer for the RIKY community.

2. SNORT

Snort is currently gaining popularity as one of the highest earners on the native chain. The project recorded double-digit revenue in the early hours of today, establishing itself as one of the BRETT token competitors.

Typically, SNORT’s surprising price rise is due to its recent exchange listing. A post on the project’s official Twitter handle states that the team listed on the MEXC exchange last week. This listing brought in SNORT funds and increased investor interest in the asset.

According to Basescan data, the number of SNORT holders exceeds 3,000 and its social media following has increased slightly since listing. The project recently secured a CoinMarketCap listing, contributing to increasing the token’s visibility.

Therefore, it is expected that the token will appear further on the DEXTools trend list. Projects share detailed information about the Internet space, but investors have limited insight into use cases and operational details.

We are pleased to announce the following: @SNORTwtf Kickstarter has ended $SNORT will be listed on #Mexico!

🔹Deposit: Open
🔹SNORT/USDT trading: 2024-04-29 05:00 (UTC)

Details: https://t.co/BGz93lv4WI pic.twitter.com/5fGRmC2DJd

– MEXC (@MEXC_Official) April 29, 2024

Likewise, multiple concerns can be a red flag to investors who know the project fundamentals. Snort shares detailed information about key aspects of its operations. Nonetheless, investors have access to relatively scant details about funds and developers. Therefore, it is best to exercise caution when investing in this asset as the lack of developers may cause unexpected difficulties in the future.

3. Base BUNNY

Based Bunny is one of the most popular low-cap assets on the base chain. The token is currently at the top of the list with a price increase of over 160%. Not only is it one of the highest traded tokens on the platform, it is also one of the highest-grossing tokens in the last 24 hours.

BUNNY is a memecoin project described as Brian Armstrong’s best friend. Although the relationship between the two companies is unclear, the project is receiving increasing attention from the investor community.

At the time of writing, Based Bunny has a market capitalization of over $17 million and has many holders. According to DEXTools, Based Bunny has over 115,000 holders and over 777.7 million tokens in circulation. BaseScan also reported that the project has completed approximately 202,570 transactions, meaning activity is increasing within the network.

With impressive market data and price action, investors will likely see the BUNNY token appear repeatedly in the top trending lists on the native chain. The project is also working to ensure that the BUNNY token has a wide presence across multiple platforms and exchanges. A recent update on social media outlets revealed the recent listing of the Poloniex exchange. There are plans to allow cryptocurrencies to be listed on other exchanges, including centralized exchanges. However, the proposed listing date has not been disclosed.

What will be the next top trending cryptocurrency?

The cryptocurrency market is entering the post-halving season, which means Bitcoin mining innovations are among the priority projects for investors. As the daily supply of Bitcoin decreases, the amount of funds competing for the limited supply of the cryptocurrency increases. Investors with the financial capacity to enter the mining sector are therefore better positioned to benefit from this trend.

#BTCMTX presentation! 📢

The last step is #Bitcoin Metrics #Ticketing Now you’re done! 🎉

The claim event will take place on Tuesday, April 30th at 10AM (UTC)! 🕙

Mark your calendar and set a reminder! Don’t miss it! 🗓️🚀 pic.twitter.com/pYeZ1ipFqn

— Bitcoin Minetrix (@bitcoinminetrix) April 28, 2024

nevertheless, Bitcoin Minetrix We’re out to level the playing field. The project’s cryptocurrency, BTCMTX, allows investors to easily participate in the mining sector. According to the project’s white paper, BTCMTX holders can mine Bitcoin by participating in staking activities. Additionally, because the project uses cloud computing technology, investors can mine Bitcoin from anywhere in the world. This means that anyone can own Bitcoin without investing in mining infrastructure.

BTCMTX Tickets are currently sold out. Investors who participated in the pre-sale will soon have the opportunity to claim their tokens as the listing date is set for the 30th of each month. Investors can check out the Bitcoin Minetrix exchange list and detailed information about staking on the pre-sale website.

Visit Bitcoin Minetrix Presale

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