DEXTools’ Top Trending Cryptocurrencies – Horizon, Polar Sync, HYTOPIA

adminDecember 30, 2023

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This week has been a very interesting one for the overall cryptocurrency market. New assets like Horizon are making waves with the dApp explosion. Horizon sees DeFi, NFTs, gaming, and the metaverse flocking to its user-friendly platform. We promise to be your one-stop shop for all things cryptocurrency. Whether you’re a seasoned investor or a curious newcomer, Horizon’s expanding ecosystem could become your new digital destination.

DEXTools’ most popular cryptocurrency coins

Meanwhile, PolarSync and Topia have done very well by championing privacy and entering into a new partnership. These partnerships leverage cutting-edge technology to protect user transactions and privacy amid fraud.

1. Horizon (HRZN)

Horizon (HRZN), the cryptocurrency currently dominating the market, has surged a whopping 343.50% over the past seven days to become the top cryptocurrency. Those gains left the broader cryptocurrency market and its Ethereum ecosystem peers in the dust. Currently, HRZN is sitting at $3.56, up 43.30% in the last 24 hours, with a trading volume of $385,486.90.

Market capitalization data for Horizon is not available due to unreported circulating supply, but the token’s performance is significant. The explosive growth outpaces the paltry 0.80% increase in the global cryptocurrency market and even leaves it far behind the 12.70% increase of fellow Ethereum ecosystem tokens.

HRZN price chart

Uniswap V2 (Ethereum) has established itself as the go-to exchange for those eager to join the Horizon wave, with the HRZN/WETH pair dominating trading volume at $385,167 in the last 24 hours.

Adding HRZN to your MetaMask wallet opens the opportunity to view your token holdings, trade on decentralized exchanges, and more. Get your HRZN by manually copying the contract address (0x13c4b558f6663329c13c838cc0b5b796f7fc0531).

🏆 TRADE TO WIN #HorizonFutures Testnet trading competition with $1000 prize money!
✅ Visit https://t.co/VzTQrp0nle
✅ Billing $ZUSD $HZN #BNB from the faucet
You’re ready! Good deal and good luck! 🙌#HorizonFutures #transaction #Trading Strategy pic.twitter.com/CNBCmrAERs
— Horizon Protocol (@HorizonProtocol) December 28, 2023

With skyrocketing prices and surging activity, Horizon definitely deserves attention. Whether this is the beginning of a sustained rise or a temporary peak is yet to be seen, but one thing is certain. Horizon is making waves in the cryptocurrency world and is a name to keep an eye on.

2. Polar Sync (POLAR)

Polar Sync, a rising star in Web3 data infrastructure, is leaving the market speechless with its price increase of a whopping 415.70% in the last 7 days. This astronomical rise includes a 100% surge in the last 24 hours and even the last hour, showing the frenzied activity surrounding the project.

So what causes Polar Sync supernovae? The answer lies in cutting-edge solutions for next-generation Web3 applications. Polar Sync helps developers easily build data-driven experiences across dApps, analytics, trading, and gaming based on blockchain data. Think of it as The Graph on steroids with incredible flexibility and instant access to on-chain data through customizable “PolarMaps”.

Gone are the days of wrestling with nodes, databases, and complex server stacks. Polar Sync takes the hassle out of building data-intensive Web3 projects and provides developers with a simple library and developer dashboard to create and deploy their own data APIs tailored to their specific needs. Once activated, you can query and access real-time blockchain data at lightning-fast speeds via a dedicated Polar Sync API URL.

POLAR price chart

Fueling this surge is the utility of the $POLAR token. Going forward, having $POLAR is essential to maintain API endpoints, deployments, and data queries. This intrinsic connection between the token and the platform creates an attractive buy-and-hold proposition for those betting on Polar Sync’s rapid rise.

The broader market may see a slight rise of 0.90% and fellow Ethereum ecosystem tokens are enjoying a rise of 12.70%, but Polar Sync is in a league of its own. This data-driven champion is rewriting the rules of Web3 development and attracting investors and builders alike with its powerful tools and promising roadmap. With such explosive growth and clear purpose, Polar Sync is a project to watch in the ever-evolving Web3 environment.

3. Hitopia (TOPIA)

The TOPIA token has navigated a week of mixed signals, with a slight uptick of 8% over the past seven days, despite a slight decline in the past hour. Currently, the token is 19.57% below its all-time high of $0.0908, but the token is holding firm there after a recent shift in utility within the HYTOPIA ecosystem.

TOPIA, previously the exclusive in-game currency of the platform, now shares this role with USDC. This move expands players’ options, allowing them to choose between two existing stablecoins for purchases such as cosmetic items, content, and loot boxes. The platform notes that exchange rates between these currencies can change dynamically depending on market conditions.

Topia price chart

HYTOPIA plans to implement a platform fee of approximately 50% on all first-party sales to ensure ongoing development and server maintenance. However, world ownership within the ecosystem can offer reduced fees, making it an attractive prospect for dedicated players and creators. This fee structure may seem significant, but HYTOPIA puts it into context, highlighting industry leaders like Roblox, which charges creators a 70% commission.

Interestingly, the current vision prioritizes TOPIA for creator payments within the platform. This can strengthen the value of the token as creators and players participate in the HYTOPIA economy.

With a revamped currency model and focus on creator rewards, HYTOPIA breaks new ground. TOPIA’s price has shown remarkable resilience in the face of change during its rise to become a top cryptocurrency. Investors will be watching closely to see how the evolving ecosystem and dual currency system impact the value of the token in the coming months.

What is the next most popular cryptocurrency?

As rumors of a spot Bitcoin ETF intensify, an emerging project called Bitcoin Minetrix (BTCMTX) aims to shake things up by providing a new alternative: stake-to-mine access to Bitcoin. Built on the Ethereum blockchain, BTCMTX promises passive BTC mining for anyone, eliminating the technical barriers and complexities associated with traditional cloud mining.

There are only 3 days left #Bitcoin Metrics Step 16! ⏰
What do you think? #BitcoinWhat is its role in the future of the global economy? pic.twitter.com/r4ZCxaEOVj
— Bitcoin Minetrix (@bitcoinminetrix) December 29, 2023

The BTCMTX team recognized the need for more transparency and security in the cloud mining market, which is suffering from fraud and hidden fees. Their solutions are ingenious. Users earn “mining credits” by staking BTCMTX tokens, which can then be used to rent cloud mining power for a portion of the mined BTC. This allows anyone to become a Bitcoin miner without requiring expensive hardware or technical expertise.

But the rewards don’t end there. BTCMTX also boasts a lucrative staking mechanism that offers up to 95% APY on BTCMTX holdings, providing users with a dual income stream. This innovative model has already garnered significant attention, amassing over 11,400 followers on Twitter and generating interest among investors seeking low-capital, high-potential ventures in the Bitcoin space.

With the official launch of a potential spot ETF just around the corner, BTCMTX is entering an important phase. Success will depend on delivering transparency, security, and the promise of passive BTC earnings through an accessible Stake-to-Mine model. Early on, the project’s traction and unique approach suggest it could be an attractive alternative for those seeking Bitcoin exposure without the traditional obstacles.

Visit Bitcoin Minetrix.