Currently the most popular cryptocurrencies on the Ethereum chain – Oinfinance, Wrapped Mistcoin, Hashpower AI

adminApril 4, 2024

join us telegram A channel to stay up to date on breaking news coverage

The most popular cryptocurrency today, Ethereum, is relatively new. This means that the chain is reclaiming its position as a platform for new projects. In the past, the Ethereum chain was home to some of the most innovative cryptocurrency projects. But rising gas prices have created a need to launch less popular chains.

As of press time, ETH is taking some gains as investors move away from fair macroeconomic conditions ahead of more moves in the cryptocurrency market. Many are equally betting on the halving event as one of the best catalysts for the entire cryptocurrency ecosystem.

Most popular cryptocurrencies on the Ethereum chain

On the other hand, investors are not ignoring the potential of meme coins amid the ongoing price consolidation. The cryptocurrency category is known to provide hedging opportunities when the cryptocurrency market is dissatisfied with a particular direction. One popular one is the Sponge V2 token, which is working to replicate new progress. More information is included below.

1. OIN Finance (OIN)

OIN Finance is currently trading at $0.144929, with a 24-hour trading volume of $3.84M. The market capitalization is $4.78 million, an overwhelming 0.00%. Moreover, OIN has seen an impressive increase of 2,128.81% in the last 24 hours.

The token reached an all-time high of $1.119060 on February 18, 2021. Conversely, the lowest price was recorded on October 19, 2023 at $0.000830. Despite this volatility, current sentiment towards OIN Finance is bullish, with the Fear and Greed Index reading at 70 (greed).

OIN price chart

OIN Finance has shown impressive performance metrics. Circulating supply is 32.95M out of a maximum of 100.00M OIN. Last year, the price surged 1,585%, outperforming 96% of the top 100 cryptocurrency assets, including Bitcoin and Ethereum. Moreover, OIN is trading above its 200-day SMA and is currently nearing its cycle highs. This indicates robust market activity and investor interest.

OIN Finance is a DeFi platform that provides liquidity mining and decentralized exchange. We also plan to expand to other major platforms through cross-chain functionality. The best performing year was 2021 with a price increase of 433.22%, while the worst performing year was 2020 with a price drop of -95.00 -95.00%. However, the average annual growth rate over the past five years is 52.55%.

OIN Finance typically experiences its strongest performance in the first quarter, with gains of 293.64% on average. Conversely, the second quarter tends to be the weakest period, with an average drawdown of -65.66%. Overall, OIN Finance shows strong potential for growth and resilience in the dynamic cryptocurrency market environment.

2. Wrapped Mistcoin (WMC)

MistCoin, a groundbreaking ERC-20 prototype, debuted on November 3, 2015. This launch coincides with the introduction of Ethereum’s custom token system within Mist Wallet. Ethereum experts Fabian Vogelsteller and Alex Van de Sande led the project.

This launch facilitated the deployment of numerous token contracts with the same code. Wrapped MistCoin (WMC) was introduced to simplify the trading and utilization of MistCoin (MC) according to standard cryptocurrency protocols. This is consistent with Ethereum’s historical asset handling practices.

WMC_Price Chart

Likewise, existing digital assets such as CryptoPunks and CryptoKitties have gone through a similar packaging process for modern use. WMC/MC conversion is freely executable, ensuring a 1:1 ratio at any time.

The price of Wrapped MistCoin (WMC) surged 209.78% in the last 24 hours to $30.25. It also experienced a significant surge of 151.73% last week.

Great analysis.
For those looking for a replaceable counterpart, this is your place! 💠#TrustTheTimestamphttps://t.co/FCQYzNaHT2
— Mist (@MistCoin) April 3, 2024

However, specific data on WMC’s market capitalization is still not available due to its undisclosed circulating supply. Nonetheless, the token showed impressive performance, exceeding the -6.70% decline of the overall cryptocurrency market. It also outperformed similar Ethereum ecosystem cryptocurrencies, which experienced a small increase of 12.70%.

Trading primarily takes place on decentralized exchanges, with Uniswap V2 (Ethereum) emerging as the preferred platform for WMC trading. The most actively traded WMC/WETH recorded a notable trading volume of $2,355,713 over the last 24 hours.

This surge in trading activity is reflected in WMC’s overall trading volume, which surged a whopping 10,666.10% from the previous day. This increase signals increased market participation and growing interest in Wrapped MistCoin.

3. Hash Power AI (HASH)

HashPower AI offers unique opportunities for users to engage with the platform. It offers the option to rent nodes or servers. This allows users to access and utilize computing power and resources tailored to their needs.

With a current price of $0.1084, HashPower AI (HASH) has experienced a significant increase in value. This includes an impressive increase of 209.58% in the last 24 hours and an incredible 2,000.33% in the past week. Despite the volatility of the global cryptocurrency market, HashPower AI demonstrated outstanding performance. It overcame the market downturn by a significant margin.

HASH_Price Chart

With an incredible 2,000.30% increase over the past seven days, HashPower AI (HASH) has outperformed similar Ethereum ecosystem cryptocurrencies. Meanwhile, these other cryptocurrencies only saw a slight increase of 12.70%. This remarkable achievement highlights the high demand and growing interest for HashPower AI within the cryptocurrency community.

HASH tokens can be easily traded on decentralized exchanges, with Uniswap V2 (Ethereum) being the most popular platform for buying and trading HashPower AI. The most actively traded HASH/WETH has a trading volume of $239,651 over the last 24 hours.

We are pleased to announce our partnership with . @MeshWaveAI
MeshWave is a distributed cloud computing platform that provides a variety of features to support your workloads.$HASH #GPU pic.twitter.com/FQGXVXj7yT
— HashPower AI (@HashPowerAI) March 30, 2024

The recent surge in trading volume shows an 80.30% increase in trading volume compared to the previous day, suggesting increased market participation. This increase in activity reflects growing interest in HashPower AI within the cryptocurrency community. Meanwhile, as interest in HashPower AI grows, investors are increasingly recognizing its value proposition.

What will be the next top trending cryptocurrency?

In today’s cryptocurrency market, you have a better chance of winning with a new cryptocurrency than with an established asset like Ethereum or Bitcoin. Investors who held ETH during the recent bull market ended up underperforming those who held the strategic meme cryptocurrency. For example, there is Sponge token.

The coin performed over 200% between launch date and ATH. Besides, the potential for further upside is still quite high. One of the key factors contributing to the dramatic rise of the Sponge token is its ATH and the reputation of V1, which exceeded 100 million at the time of V2 launch. The team started the project when the bull market was about to reach full speed.

Do not forget it. #Sponger! 🧽︎#SpongeV2 has some exciting utilities coming soon. #P2E game! 🔥
Get ready to profit $sponge Play games to earn tokens and rank on the leaderboard.
Stay tuned for more details! 🚀#memecoin #Cryptocurrency #how #100x pic.twitter.com/5aaLxGz8N1
— $SPONGE (@spongeoneth) March 22, 2024

This makes the Sponge V2 token one of the best-performing assets in the bull market, with a market capitalization of over $250 million at its peak. More importantly, SPONGE is starting a new bull market, especially after the announcement of its P2E gaming feature. This feature is expected to create more demand for SPONGE tokens, the project’s native asset.

Therefore, the holder sponge Asset values are likely to increase. In addition, there is speculation about a return to a bull market after the halving. With this, progressive mem coins like SPONGE are already positioned to become the most popular cryptocurrencies on the market.

Visit Sponge V2 Pre-sale