Currently the most popular cryptocurrencies on the Solana chain – Hive Game Token, Shadow Token, Professor

adminJune 9, 2024

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The last 24 hours have been quite remarkable, with altcoin prices recording significant drops across the board. The price drop comes after the price of Bitcoin fell from $72,000 to $68,000 yesterday. However, the BTC price has bounced back to $69,000 and is trading slightly higher than its current price. Nonetheless, the altcoin market continues to see price declines, with popular categories such as the cryptocurrency AI sector witnessing higher value dumps.

The price movements of the most popular cryptocurrencies on the Solana chain are slightly different. Tokens that rank high on the list are making significant gains. Therefore, this article provides a quick analysis of these tokens to help investors find context and understand the factors behind the gains.

Most Popular Cryptocurrencies on Solana Chain

Additionally, emerging sectors such as cryptocurrency casinos are seeing an influx of funds into new projects such as the Mega Dice token, which ranks high on the list of cryptocurrencies to watch. The pre-sale offering of DICE tokens reached over $1.4 million, a notable development for a new project in the cryptocurrency ecosystem. Today’s post provides an overview of the Mega Dice pre-sale and highlights how investors can participate in the token pre-sale offering.

1. Hive Game Token (HGT)

Hive Game Token is a Solana-based competitive play-and-earn tactics game that provides players with the highest quality gaming experience in the expansive cyberpunk universe. Hive Game Token (HGT) has experienced significant growth recently. The current price of HGT is $0.0002592 with a 24-hour trading volume of $179,063.48. This represents a 34.31% price increase in the last 24 hours and a 63.06% increase over the last week.

Moreover, the circulating supply is 530 million HGT, giving the token a current market cap of $138,247. Over the past 7 days, HGT is up 0.30% above the global cryptocurrency market and 16.20% above other cryptocurrencies in the Solana ecosystem.

HGT price chart

Hive game tokens can also be traded on centralized and decentralized exchanges. The most popular exchange for HGT is MEXC, with a 24-hour trading volume of $162,613 for the HGT/USDT pair. Other popular exchanges include Raydium and Jupiter.

HGT’s trading volume has increased significantly, reaching $179,411 in the last 24 hours. This is a 54.90% increase from the previous day, indicating increased market activity and interest in the token.

Hive Game Token’s recent performance highlights its growing importance in the cryptocurrency market. Significant profits and increased trading activity reflect investor confidence and interest.

2. Shadow Token (SHDW)

SHDW, the utility token of the Shadow dePIN ecosystem, has shown significant market performance and activity recently. This token supports decentralized storage, computing, and network coordination in the Shadow ecosystem. Users pay for these decentralized services with SHDW, and Shadow Operators secure their nodes and earn revenue by staking SHDW.

Additionally, the DAGGER network is the center of the Shadow ecosystem. DAGGER is a scalable and bandwidth-efficient L1/L2 hybrid with a custom consensus mechanism. Effectively manage distributed systems and large data storage. The DAGGER network can be deployed as a public layer 2 network or a private layer 1 protocol, and its implicit voting design reduces communication overhead, speeding up data retrieval and reducing user costs.

SHDW price chart

Meanwhile, the price of SHDW is $0.5762, with a 24-hour trading volume of $4,320,047.21. This represents a price increase of 29.43% in the last 24 hours and 26.56% over the past week. With a circulating supply of 160 million SHDW, the token has a market capitalization of $93,193,532. However, SHDW is up 0.40% compared to the global cryptocurrency market, while the similar DePIN cryptocurrency is down -3.50%.

Additionally, SHDW tokens can be traded on both centralized and decentralized exchanges. Popular exchanges include Gate.io, Coinbase Exchange, and Meteora. The most actively traded pair is SHDW/USDT on Gate.io, with a 24-hour volume of $120,915. SHDW’s trading volume increased 353.40% compared to the previous day, indicating that market activity has become more active recently.

3. Professor (LAB)

A well-known figure in the cryptocurrency industry since 2017, The Professor launched his first token, $LAB. Frustrated with rugs, insider wallets, recycled stories, and unqualified developers, this serial entrepreneur and self-proclaimed Degen took matters into his own hands by creating a memecoin that empowers its owners to shape the future, drive innovation, and share in the collective. I did. success.

Additionally, $LAB is supported by a diverse team of real scientists, professors, engineers, Degen, and other great people who are committed to altruism and collective success. The project is built on a community-driven model where members collaborate regularly to propose, vote on, and fund experiments to increase the size and value of the lab as quickly as possible. The community treasury, now worth more than $330,000, funds these experiments.

Plus, each experiment is tracked by real scientists to ensure data-driven decisions and maximize ROI. Results are shared publicly to benefit current and future project founders and holders, providing valuable insight into the most impactful and low-cost strategies for growing meme projects.

LAB price chart

Meanwhile, The Professor (LAB) token is making headlines with its impressive market performance. At the current price of $0.004452, LAB is up 21.97% in the last 24 hours. During the same period, token trading volume also surged to $1,182,186.15, increasing market interest.

In the past 7 days, LAB has experienced a remarkable price increase of 72.54%. This growth has brought its market capitalization to $4,452,157, based on a circulating supply of 1 billion LAB tokens.

LAB’s market activity has been significantly strengthened. The token’s 24-hour trading volume reached $1,182,471, a significant increase of 2,051.40% from the previous day. This surge in trading volume suggests growing investor interest and confidence.

What will be the next top trending cryptocurrency?

mega dice Investors and the community will have the opportunity to win big through an ongoing promotional program offering cash rewards and the chance to win a PS 5. The project shares promotional details on its official Twitter handle.

In addition to the ongoing Rainbow Rewards, the cryptocurrency community has the opportunity to participate in the ongoing DICE token presale. Pre-sales began a few weeks ago and raised over $1.4 million with thousands of users actively engaging with the Mega Dice community across various social media platforms.

$DICE $1.4M raised in pre-sales 🚀
Current Tier Price: 0.075 💰
Current presale goal: $2M 💰
We are implementing multi-level price increases, so your #dice early! Do not forget it. Now your $DICE Directly on the website and Telegram… pic.twitter.com/VAsI6u27aD
— Mega Dice Casino (@megadice) June 7, 2024

The project aims to bring the already established Mega Dice casino brand into the cryptocurrency world. The platform has over 10,000 monthly users through its online casino services. It will now look to capitalize on the growing cryptocurrency casino sector, which is expected to become a multi-billion dollar sector in the next few years.

As a result, investors who utilize the DICE token pre-sale service can benefit from the future of the sector.. As of this writing, DICE’s pricing is discounted, offering it for as low as $0.075.

However, as the project gets closer to being listed on exchanges, the price is likely to rise. So it’s important to board early to take advantage of the discounted prices. The project website details the project content and other important information. We also provide a step-by-step guide on how to participate in the DICE Presale.

Visit MegaDice Presale.