Currently the most popular cryptocurrencies on Solana Chain – SolanaX, Ligma Node, Bonk 2.0
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Solana Chain is back after a surprisingly quiet season. For most of the first quarter, the Solana Chain dominated the news as several projects debuted on the network. The platform has been hailed as the home of the new meme culture trend, which has resulted in many investors earning significant returns on their investments.
Nonetheless, the ongoing market downturn has caused many traders and investors to reconsider their portfolio allocations. Therefore, the Solana chain has lost its overall appeal as investors flock to emerging networks like Base. Funds are currently flowing into the Solana chain.
Most Popular Cryptocurrencies on Solana Chain
The return of investor interest in the Solana Chain has also revitalized the chain’s existing projects. Assets like the SMOG token, which posted impressive numbers in the first quarter, are now returning to the upside in the second quarter. In today’s post, we present an overview of Smog’s performance and everything investors need to know about its current trends.
1. SolanaX (SOLX)
The native SolanaX (SOLX) token is the cornerstone of the SolXdex ecosystem and supports the operation of the platform. The fixed supply of a total of 10 billion SOLX tokens is critical to driving sustainable value and growth for holders.
SolXdex also allows users to use a decentralized exchange running on the Solana blockchain. Provides native SOLX tokens. The current price of the token is $0.0004852, with a 24-hour trading volume of $2,638,957.95. Moreover, despite a slight drop of -8.17% in the last day, prices have increased overall over the past week.
Despite having no data on market capitalization due to unreported circulating supply, SolXdex aims to build an efficient economic model. This model provides incentives to investors and ensures long-term development and sustainability.
SOLX tokens have a variety of utilities, including pre-sale participant allocation and traceability on the SolXdex website. Due to the fixed total supply, there is the potential for value appreciation over time.
🔥 GOOD NEWS SOLXDEX FAM 🔥
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As you know, I am transparent AF. Because it has to be that way.
Let’s send this all over… pic.twitter.com/uu46PXdZdN
— SolXdex Official (@solxdex) April 3, 2024
Additionally, users will be able to earn passive income and contribute to platform security by staking SOLX tokens when staking launches in Q2 2024. Despite underperforming the global cryptocurrency market, down -4.20%, SolXdex has recently seen an increase in trading volume. It reached $2,639,888 in the last 24 hours, indicating increased market activity.
SolXdex, which primarily trades on decentralized exchanges such as Raydium, aims to drive liquidity and participation by providing a seamless trading experience for users within the Solana ecosystem.
2. Rigma node (LIGMA)
Ligma nodes are a new cryptocurrency launched on the Solana network on March 25, 2024. The Solana meme token caught the attention of investors with claims that it would soon launch the fastest node on the Solana network. On March 26, the LIGMA token showed significant growth potential with an impressive +188,000% increase.
Meanwhile, according to the platform, Ligma offers the fastest nodes on Solana with strong server support across the US, Europe, Canada, and Asia. The token team claims that Liigma guarantees minimum latency and maximum TPS to gain a competitive advantage.
The current price of Ligma Node (LIGMA) is $0.01559, with an impressive increase of 84.50% in the last 24 hours and 148.56% in the last 7 days.
Despite no data on market capitalization due to unreported circulating supply, Ligma Node outperformed the global cryptocurrency market by falling -4.20%. It is also up 16.20% compared to similar Solana ecosystem cryptocurrencies.
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— LigmaNode (@LigmaNode) April 2, 2024
LIGMA tokens can be traded on decentralized exchanges, with Raydium being the most popular platform for Ligma Node trading. The LIGMA/SOL pair boasts a trading volume of $2,483,366 in the last 24 hours. Liigma Node, which has seen a 96.60% surge in trading volume over the past day, reflects the recent increase in market activity, potentially indicating further heightened investor interest.
3. BONK 2.0
Despite the recent decline and descending triangle pattern, Bonk 2.0 could break out of this trend. This suggests potential for future growth in token value. Today’s price of Bonk 2.0 (Sol) is $0.071339, up 11.16% in the last 24 hours. However, last week saw a notable decline of -64.89%.
With a circulating supply of 75 trillion BONK2.0, the token’s market capitalization is $1,040,874. Despite recent challenges, Bonk 2.0 is making focused efforts to expand its ecosystem, focusing on three key pillars to solidify its position as the premier community coin on Web3.
Last week, Bonk 2.0’s trading volume was underperforming compared to the global cryptocurrency market, which was down 6.90%, and the similar Meme cryptocurrency market, which was up 0.90%, but over the last 24 hours, its trading volume was down -44.30%, reaching $675,860.
🌇 Start your day energetically #Dragons! Sold out
🐉 $smog will be listed on @MEXC_Official exchange! 🎉
Deposits are now open! 💰🔥
Voting is live and ends tomorrow at 6:50 AM UTC! 🗳️
Trading starts tomorrow at 9AM (UTC)! 📈
And, this is the final battle of SMOG Season 1… https://t.co/pgQCzuXeoL
— Smog (@SMOGToken) April 3, 2024
Tokens can be traded on various exchanges, Raydium being the most popular. Last day the BONK2.0/SOL pair had a trading volume of $27,253.71. Despite recent challenges, Bonk 2.0 remains focused on its mission to grow and thrive within the Web3 community.
What is the next most popular cryptocurrency?
smog It showed a temporary breakout early in the week and is gradually returning to the mid-range. Over the past seven days, Smog has recorded a price increase of more than 10%, marking the end of a long downward trend.
With Solana re-establishing itself as one of the top chains for meme coins, Smog and other tokens in the category are likely to witness an influx of funds in the coming weeks.
In addition to the positive outlook for meme coins, Smog’s constant airdrops are another benefit that will help increase the value of Smog. The community recently unveiled Season 2 of its airdrop program, which is considered one of the largest in the chain’s history. The hype over smog airdrops has the potential to be the catalyst that opens the next phase of the smog rally.
🌇 Start your day energetically #Dragons! Sold out
🐉 $smog will be listed on @MEXC_Official exchange! 🎉
Deposits are now open! 💰🔥
Voting is live and ends tomorrow at 6:50 AM UTC! 🗳️
Trading starts tomorrow at 9AM (UTC)! 📈
And, this is the final battle of SMOG Season 1… https://t.co/pgQCzuXeoL
— Smog (@SMOGToken) April 3, 2024
smog The market is still in its infancy, and the progress to date is remarkable. Returns of over 1000% since launch demonstrate the token’s potential in the long term. Moreover, over the past 72 hours, Smog has maintained increasing trading volume as investor interest in the token has been attracted through the pre-sale. Increased visibility due to ongoing airdrops is also contributing to the surge in trading volume and pressure on token supply.
As the project achieves more milestones through presales, there will likely be more demand for the tokens and the asset price will rise. Smog is gaining a reputation as one of the cryptocurrencies to watch in the first month of the quarter, especially as the market tries to find a new direction.
Visit the Smog website
Learn more
SMOG – Meme Coin with Rewards
- Airdrop Season 1 Live Starts
- Earn XP to Win $1 Million in Stake
- Cointelegraph Special
- Staking Rewards – 42% APY
- 10% OTC discount – smogtoken.com
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