DEXTools’ top trending cryptocurrencies – Beam, Dinger Token, TOPIA
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The global cryptocurrency market soared, reaching $1.62 trillion, a significant increase of 4.12% over the past day. At the same time, the overall 24-hour cryptocurrency market size increased by 21.24%, reaching $63.87 billion. In particular, decentralized finance accounts for 11.27% of the total cryptocurrency market size at $7.2 billion, and stablecoins account for 89.13% of the 24-hour trading volume at $56.93 billion.
In parallel, the Fairshake Political Action Committee (PAC) announced significant financial support for candidates supporting U.S. cryptocurrency and blockchain innovation in the upcoming 2024 elections. Notable donations totaling $78 million were secured from industry leaders and corporations, including Coinbase CEO Brian Armstrong, the Winklevoss twins, Circle, Coinbase, Kraken, Messari, and Andreessen Horowitz (a16z). The goal is to support candidates who advocate for responsible cryptocurrency regulation and foster innovation within the industry.
DEXTools’ most popular cryptocurrency coins
This plan is in line with Ripple CEO Brad Garlinghouse’s recent vocal opposition to regulatory excesses in the United States. Garlinghouse, along with other industry leaders, expressed Ripple’s intention to actively support “pro-crypto” candidates during the 2024 US election season. The joint effort highlights unity among industry stakeholders to shape a regulatory environment conducive to cryptocurrency and blockchain innovation.
1. BEAM
The current price of Beam (BEAM) is $0.01986228, registering a surge of 13.92% in the last 24 hours. This price change also reflects an increase of 0.30% over the past 7 days. The surge brought Beam’s market capitalization to $947.49 million, with 24-hour trading volume reaching $54.01 million. This is further supported by a circulating supply of 48 billion BEAM tokens, making it the most popular coin on the market.
Beam’s recent momentum finds it finding strong footing within the rapidly growing area of cryptocurrency adoption, particularly in the gaming sector. This surge is thanks to the strong technical infrastructure and active community engagement that define Beam’s existence. In particular, the Beam SDK stands out for its distinctive features that provide game creators with seamless integration for elements such as NFTs and token economies into their gaming platform.
BEAM tokens are actively traded on several centralized cryptocurrency exchanges, with Binance emerging as the most popular platform for buying and trading Beam. The BEAM/USDT trading pair on Binance recorded a significant trading volume of $30.5 million in the last 24 hours. Other platforms such as Bitget and Bybit also offer popular alternatives for trading BEAM tokens.
Sentiment within the Beam community is particularly optimistic, with over 87% of users currently feeling positive about Beam (BEAM). This sentiment is consistent with the current surge and reflects optimism among community members as Beam continues to blaze a trail within the cryptocurrency space.
2. DINGER token
Another top cryptocurrency that is attracting the attention of investors today is the Dinger token. It is a meme-inspired cryptocurrency based on the Schrödinger platform, which has soared exponentially over the past seven days with an impressive increase of 1,712.41%. In the last 24 hours alone, the token price has surged 108.32%, with an additional surge of 5.62% in the past hour. Currently valued at $0.000012 per DINGER, the token remains 40.33% below its all-time high of $0.000020.
Featuring the meme token Dinger, the Schrödinger platform operates as a community-driven initiative aimed at providing benefits to cryptocurrency traders. The core of its operation is an 8% tax on each transaction, divided strategically to drive project growth and incentivize token holders. Of this tax, 3.5% will be allocated to marketing activities, and an additional 3.5% will be used to drive platform development in line with the project’s ambitious roadmap.
Additionally, 1% of taxes will be redistributed to token holders, strengthening community participation and creating shared benefits for Dinger token holders. This unique tax mechanism forms an important part of the platform economy model, promoting continued development and providing incentives to stakeholders.
It’s a cliché, but this cat was created during a bear market.
📦🐈⬛🫶 pic.twitter.com/RM9sFTkfrk— Schrödinger – $DINGER (@dingertoken) December 19, 2023
Dinger Token’s massive price surge shows a phenomenal growth rate in a short period of time and highlights the passion and interest of investors and enthusiasts. The Dinger token continues to gain traction within the cryptocurrency space, and its impressive growth trajectory positions it as an asset of significant interest within the evolving landscape of meme-inspired cryptocurrencies.
3. TOPIA (TOPIA)
TOPIA tokens are the cornerstone of value exchange within the comprehensive TOPIA platform, ensuring safe and smooth transactions across the network. In particular, it plays a pivotal role in the operation of the TOPIA Chain network by facilitating fee transactions, promoting network efficiency, and maintaining network integrity. Additionally, TOPIA tokens boast features such as staking options, rewards, and governance mechanisms that are important to maintain the smooth functioning and development of the TOPIA ecosystem.
As of today, TOPIA’s real-time price is $0.072055, supported by a strong 24-hour volume of $1.19 million. TOPIA’s USD price is continuously updated in real time. Over the past 24 hours, the token has observed a notable upward trend, increasing its value by 2.94%, making it the top trending cryptocurrency.
Restructuring of non-distribution chain control is underway. $TOPIA token.
We wanted to provide an update to the community to avoid any surprises. I’ll start working on the next one in the next few days.
1. Remaining World Staking Rewards $TOPIA The supply…
– Hi Topia (@HYTOPIAgg) December 6, 2023
The importance of the TOPIA token within the TOPIA ecosystem resonates through its multifaceted usefulness, including ensuring stability, facilitating network functions, and activating governance mechanisms. This surge in price and volume highlights the growing interest and confidence within the cryptocurrency community about the functionality and potential of the TOPIA token within the evolving TOPIA ecosystem.
What is the next most popular cryptocurrency?
Amid Bitcoin’s widespread dominance in the cryptocurrency space, Bitcoin Minetrix (BTCMTX) continues to be a dominant project. We offer a new path to earn BTC through innovative staking methods.
There are only 3 days left #Bitcoin Metrics Step 14! ⏳
What are your predictions for the future as a whole? #Cryptocurrency world? pic.twitter.com/OuTB2Rb2pF
— Bitcoin Minetrix (@bitcoinminetrix) December 19, 2023
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