DEXTools’ Top Trending Cryptocurrencies – Husky Avax, Liquid Stake Derivatives, Efinity Token

adminMay 20, 2024

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Bitcoin is currently in the consolidation phase of its currency cycle, and many expect it to rise to ATH after this sideways trend. If Bitcoin gains momentum through consolidation, investors can expect altcoin season to reach peak momentum. Therefore, investors are still likely to get significant ROI from the cryptocurrency market.

DEXTools remains one of the leading tools for gathering information about assets in the cryptocurrency market. We have compiled and summarized the market data and price movements of the most popular cryptocurrencies at DEXTools. This will help investors streamline market research and portfolio watchlists.

DEXTools’ most popular cryptocurrency coins

Along with analyzing the most popular cryptocurrencies at DEXTools, we’ve also included a special mention of the Mega Dice pre-sale. This project provides an opportunity to capitalize on the growing cryptocurrency casino sector. Through DICE, the platform’s native cryptocurrency, investors seek to make a profit once the project finally matures.

1. Husky Avex (HUSKY)

Husky Avax (HUSKY) has made waves in the cryptocurrency market since its stealth launch on the Avalanche C-Chain on May 12, 2021. The token features fixed initial liquidity, hard cap supply, no team allocation, and no airdrops. These characteristics, combined with Avalanche’s fast, affordable, secure and environmentally friendly transactions, make HUSKY an attractive option for investors.

The current Husky Avax (HUSKY) price is $0.078892 with a 24-hour trading volume of $525,238.75. Additionally, HUSKY price has surged 90.02% in the last 24 hours and 74.33% over the past week. The circulating supply of HUSKY is $88 trillion, and the token’s market capitalization is $7,859,414.

husky price chart

Moreover, HUSKY has outperformed the Avalanche ecosystem cryptocurrency market, which is similar to the global cryptocurrency market, which is up 7.40% over the past 7 days. This impressive achievement highlights HUSKY’s growing popularity and potential in the market.

Additionally, investors can trade HUSKY tokens on decentralized exchanges. The most popular platform for HUSKY trading is Pangolin. Here, the HUSKY/WAVAX trading pair recorded a trading volume of $239,635 over the last 24 hours. Other notable exchanges on HUSKY include Trader Joe V2.1 (Avalanche) and Trader Joe’s.

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The recent increase in trading volume of $525,239, an increase of 1,609.60% in the last 24 hours, indicates growing interest in HUSKY. This surge in market activity reflects the growing confidence and enthusiasm of investors for this unique token.

2. Liquidity Staking Derivatives (LSD)

Liquid Stake Derivative (LSD) offers a unique approach to staking by maintaining liquidity through derivative tokens. This token allows you to continue earning passive income while exploring other DeFi opportunities. Staking protocols typically provide passive income but lock up your assets.

The current price of Liquid Stake Derivative (LSD) is $0.0306 with a 24-hour trading volume of $349,788.67. Despite the significant price drop of 44.93% in the last 24 hours, LSD has seen an impressive price increase of 119.76% in the last 7 days. Unfortunately, the market capitalization of LSD is unknown as the circulating supply is not reported.

Last week, LSD outperformed the global cryptocurrency market by 7.80% and the similar Ethereum ecosystem cryptocurrency by 12.70%. This impressive achievement highlights the potential of LSD in the market.

LSD price chart

LSD tokens can be traded on both decentralized and centralized exchanges. The most popular platform is Uniswap V2 (Ethereum), with a trading volume of $60,025.78 for the LSD/WETH pair over the last 24 hours. Overall, LSD trading volume surged 587.80% over the past 24 hours, reaching $349,789. This indicates increased market activity and interest.

LSD reached the highest price of $2.25 on March 5, 2023, and the lowest price of $0.006465 on September 8, 2023. These wide price fluctuations demonstrate the volatility of the token. Despite the recent price decline, strong performance and significant trading activity over the past week suggests growing interest and potential for future growth.

3. Efinity Token (EFI)

Efinity, the next-generation NFT blockchain developed by Enjin on the Polkadot network, has been making headlines for its recent developments and market performance. The platform previously achieved a significant milestone by securing more than $18.9 million in a private sale to fund growth.

While JumpNet guarantees compatibility, Efinity focuses on scalability and accessibility, promising 700 to 1,000 free transactions per second (TPS). This innovation aims to make NFT transactions faster and more efficient. Efinity is also introducing a staking feature for Enjin Coin token users, providing rewards in EFI for ENJ staking. NFTs stored in the wallet are automatically staked, providing passive income to their owners.

EFI price chart

Efinity (EFI) price is $0.07006 with a 24-hour trading volume of $560.19. Despite a price drop of 7.77% in the last 24 hours, EFI has seen a price increase of 15.16% over the past week. It has a circulating supply of 87 million EFI and a market capitalization of $6,090,248.

Over the past seven days, the price of EFI has risen by 15.20%, outperforming the global cryptocurrency market, which has risen by 7.60%. It also outperformed the similar Ethereum ecosystem cryptocurrency, which rose 12.70%. Moreover, EFI’s trading volume increased 190.40% to $560.38 over the past 24 hours, suggesting increased market activity and investor interest.

These developments signal confidence in Efinity’s potential to revolutionize the NFT space. As the platform continues to evolve, it provides new opportunities for developers and users alike to engage with NFTs in more scalable and accessible ways.

What will be the next top trending cryptocurrency?

There are always times in cryptocurrency when investors can get returns on their investments that change in real time. It usually begins with the emergence of a new trend in the cryptocurrency market. Currently, the casino story is becoming one of the trends that cryptocurrency investors should keep an eye on as they look to enter the multi-million dollar sector.

mega dice This is a new space project that aims to become a player in this field. The Maga Dice platform has been operating in the traditional casino space for several years. It is claimed to have over 10,000 users worldwide. It is also stated that Mega Dice processes over $50 million in betting funds every month.

Do you like live casinos? We got you!
Take part in Sunday’s Mega Dice live casino tournament 🎲
Compete for a chance to win a share of the massive 2,000 USDT prize pool
More information on how to get started here👇
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— Mega Dice Casino (@megadice) May 19, 2024

The project’s proven track record and financial stability demonstrate the potential of cryptocurrency casino projects towards long-term sustainability. Therefore, we are providing cryptocurrency investors with an opportunity to join this movement and advance the cryptocurrency casino space. With DICE tokens currently on pre-sale, anyone can participate in the future of cryptocurrency.

As of this writing, the project’s native cryptocurrency is dice, the pre-sale price is $0.075. And so far, nearly $1.7 million has been raised. Inventors still have the opportunity to participate in the pre-sale. More information on how to invest in the project can be found on the project website.

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