DEXTools’ Top Trending Cryptocurrencies – Byte, Beam, Liquid Crypto
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Explore the most popular cryptocurrencies on DEXTool, a decentralized exchange analysis platform. Discover potential gems and track trending token performance with DEXTool’s real-time data and insights.
DEXTool is a powerful insight and analysis tool that provides real-time information to cryptocurrency enthusiasts and traders. This reputable platform has a treasure trove of top cryptocurrencies currently gaining traction in the decentralized exchange landscape.
These top popular projects aren’t just symbols on the charts. It represents the pulse of decentralized finance. It embodies the promise of innovation, potential and significant returns.
Today we will introduce three of the most popular projects on DEXTools. We will consider recent price performance and use cases, including other relevant details that make each coin worth considering.
DEXTools’ most popular cryptocurrency coins
As the end of the year approaches, Bitcoin and related stocks and tokens are on an upward trajectory. This reflects market expectations about the possibility of a spot Bitcoin ETF being approved in the United States.
Despite the lengthy filing, recent signals from the SEC suggest ratification is likely for efforts by major players such as Blackrock and Fidelity. Bitcoin currently sits at just over $43,000, up significantly from around $17,000 at the start of the year.
Ethereum (ETH-USD) also rose 5.8%, reaching $2,382. Data from CoinMarketCap shows that the overall cryptocurrency market capitalization has increased by 2.2% over the past day.
1. Exchange ($BYTE)
Byte ($BYTE) is a unique ERC meme token that uniquely mixes cryptocurrency and pop culture. This was done by playfully adopting the “Grok’s Dog” concept as a mascot, inspired by Elon Musk’s announcement about his dog’s name.
In particular, $BYTE stands out in the cryptocurrency space by implementing a tax exemption policy, an increasingly attractive feature for investors seeking financial efficiency. This new token is further differentiated by its unwavering transparency and investor trust, achieved by permanently draining liquidity and giving up contract ownership.
These actions will ensure that $BYTE remains a community-driven project, putting control firmly in the hands of its owners. Aside from its fun theme and technical icon references, it is also attractive for its investor-friendly policies, making it an interesting addition to the meme token ecosystem.
Additionally, the ability to trade BYTE on decentralized exchanges, especially the popular Uniswap V2, adds accessibility to potential investors. This contributes to its position as a notable player in the evolving cryptocurrency landscape.
Bytes Will Recreate ETH CypherPunk$BYTE https://t.co/rRlMg65zNe pic.twitter.com/oqGigGuUx7
— byte | $BYTE(@Byte_Erc20) December 30, 2023
The current price of BYTE is $0.00000387, and the 24-hour trading volume is $757,775.82. This represents a price drop of -24.80% in the last 24 hours and -35.90% in the last 7 days. If you are looking for Byte’s market capitalization, data is not currently available as the circulating supply of BYTE tokens has not yet been reported.
2. BEAM
Beam, Merit Circle DAO’s gaming-focused sovereign network, operates independently from the existing Avalanche network. The migration from $MC to $BEAM, recently approved through MIP-28 and MIP-29, is consistent with the evolving activity in the Merit Circle ecosystem.
However, Beam, an Avalanche subnet, combines the advantages of the Avalanche protocol with a specific focus on gaming applications. Beam uses enhanced proof of authority with the Snowman protocol in developer preview. This ensures transaction integrity through selected reputable institutions.
The BEAM token, which has become the native token of the Beam Network, holds utility as a fuel for blockchain gaming and governance within the Merit Circle ecosystem. This becomes a focal point for coordination and incentives.
I’m really happy to have such a strong player. @aminorewards Building on Beam! https://t.co/cqxaG6PYMO
— Beam (@BuildOnBeam) December 30, 2023
Trading on popular exchanges like Binance increases the coin’s presence in the dynamic cryptocurrency market by increasing its accessibility to potential investors. BEAM is at $0.01757050 today, with a 24-hour trading volume of $19,099,141.18.
This price update represents a price increase of 1.90% in the last 24 hours and a decline of -7.40% in the last 7 days. With a circulating supply of 48 billion BEAM, Beam has a market capitalization of $843,189,279.
3. Liquid Cryptocurrency (LQDX)
Liquid Crypto, a fully decentralized finance platform, aims to remove the barriers investors face in traditional and decentralized finance. The team envisions providing products and services that can eradicate the inefficiencies and opacity of existing financial models and create real value in the cryptocurrency market.
However, all transactions and operations on Liquid Crypto, which operates as a DEX, are executed by fully audited smart contracts, eliminating the need for third-party intermediaries. Customers contribute to liquidity by staking their funds and receiving rewards in return.
The Liquid+ app prioritizes investor safety with multiple security levels. We provide transparent multi-chain exchange for smooth movement of fiat currency or any cryptocurrency. Liquid Crypto (LQDX) is up 42.50% over the past 7 days. This performance outperforms the global cryptocurrency market, which rose 0.90%.
Liquid Crypto also stands out significantly from similar BNB chain ecosystem cryptocurrencies. LQDX tokens are actively traded on decentralized exchanges. Pancakeswap V3 (BSC) was the most popular in the last 24 hours with a trading volume of $3,300.26.
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ONUS app is preparing to release listings of Liquid Crypto. $LQDX, presents opportunities for off-chain, on-chain, conversion, and peer-to-peer transactions. 💸🔄
Get ready… pic.twitter.com/As6z0kVzIQ
— LiquidCrypto (@_LiquidCrypto) December 30, 2023
The current price of Liquid Crypto (LQDX) is $0.150052 with a 24-hour trading volume of $3,300.35. This represents a price decline of -0.40% in the last 24 hours and a price increase of 42.70% in the last 7 days. With a circulating supply of 17 million LQDX, Liquid Crypto has a market cap of $2,591,646.
What is the next most popular cryptocurrency?
Sponge V2 (SPONGEV2) is preparing to evolve to the next version. This follows the success of the original SPONGE token, which saw its market capitalization skyrocket from $1 million to over $100 million in a matter of weeks. There are over 11,800 unique SPONGE holders scattered around the world.
However, the developers are aiming to replicate this growth with SPONGEV2. They are introducing play-to-earn racing games to enhance their utility. Additionally, existing SPONGE holders can earn SPONGEV2 by staking their tokens, and new buyers can exchange Ethereum (ETH) or USDT to enter the staking pool to earn SPONGEV2.
In particular, the staking return is set at 622% per annum, meaning stakers can earn more than six times their initial investment in the first year. Expectations for SPONGEV2 are very high, and a significant price increase is expected once it is listed on a public exchange.
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Purchased tokens will be automatically staked in the V2 smart contract and you will have a stake when the V2 token is released.
Time to absorb more moisture!🧽☀#SpongeV2 #memecoin #how pic.twitter.com/Z1UuSOAfIE
— $SPONGE (@spongeoneth) December 27, 2023
Nonetheless, to obtain SPONGEV2, individuals can purchase Sponge V1 through the Sponge VIP website or purchase and stake staked Sponge V1 through the same platform. The staking period and the amount of V1 tokens staked determine the V2 tokens you earn.
Every V1 token sent to the V2 staking pool will hold an equal amount of V2 tokens using the variable APY. However, once Sponge V2 is released, V1 tokens will be permanently locked.
Additionally, SPONGEV2 features a play-to-earn game that offers free and paid versions where users can purchase game credits using $SPONGEV2 tokens. This utility increases the value of the $SPONGEV2 token, providing a unique opportunity for the meme coin community.
More details about the game will be announced via social channels closer to launch.
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