DEXTools’ Top Trending Cryptocurrencies – Taopad, Virtual Versions, SatoshiVM

adminJanuary 25, 2024

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We analyze some of the most popular cryptocurrency coins on the market that have recently been listed on exchanges and featured on DEXTools. This article also provides updates on native tokens that are still in the pre-sale phase.

The biggest cryptocurrency gainers on DEXTools today are Taopad, Virtual Versions, and SatoshiVM, exacerbated by the broader market downturn. These tokens show that small-cap cryptocurrencies typically dominate the top positions on a daily basis due to their lower liquidity. This makes them prone to rapid exponential profits even with moderate buying pressure.

DEXTools’ most popular cryptocurrency coins

Blue-chip cryptocurrencies like Bitcoin can offer significant upside potential, but traders looking for quick profits often turn to lower-end markets. Despite experiencing a bounce on Wednesday, most major cryptocurrencies remain in short-term declines. The most popular cryptocurrency coins on DEXTools today are:

One. Taopad (TPAD)

Taopad is a cryptocurrency protocol designed to complement $TAO, the native token of the BitTensor Network, by introducing a new reward mechanism. This mechanism utilizes a network of miners and validator nodes to reward holders with $wTAO (wrapped TAO) tokens. This creates a mutually beneficial relationship between Taopad and $TAO.

TPAD price chart

Additionally, $TPAD, with a total token supply limited to one million, is subject to a 5% tax. This tax funds ecosystem development, procurement of miners and validators, operating costs, marketing, and CEX listing. This fee, collected in $ETH, applies to all buy and sell transactions in $TPAD.

Users can also interact with the protocol through actions such as distributing and claiming accumulated $wTAO rewards. Despite being founded and run by an anonymous team, Taopad boasts senior developers with extensive experience in smart contracts, AI, and front-end development.

liquidity provider $wTAO Arbitrum now receives $ARB through incentives @CamelotDEX 🚨
Check out the TAO Nitro Pool 👇https://t.co/DEQaQlmKQH$TPAD (TT) #t pad #Tao https://t.co/99RhNr8jx2
— TaoPad (@TaoPadX) January 24, 2024

Nonetheless, TPAD can be traded on Uniswap and other DEX aggregators. It boasts significant trading volume and an impressive price increase of 125.50% over the last 7 days. This price surge outpaced the global cryptocurrency market and similar Ethereum ecosystem cryptocurrencies.

The current price of TaoPad (TPAD) is $9.27. This reflects a price increase of 56.32% in the last 24 hours and 108.63% in the last 7 days. However, TaoPad’s current market capitalization cannot be confirmed as the circulating supply of TPAD tokens has not been reported.

2. Virtual version (VV)

Virtual Versions (VV) serve as the basic engine within the VV ecosystem. It enables smooth value delivery and provides rewards and discounts for a variety of products and experiences.

VV, the native utility token, also facilitates access to virtual entertainment experiences and the purchase of wearable NFTs for avatars. It also improves transactions within the metaverse. These transactions involve buying, leasing, and building personalized virtual versions that serve as a central hub for your digital identity.

As a result, the VV ecosystem offers a variety of tools. These tools include:

Avatar Creation Tool
Interoperable Identity Solutions
social hub
Unus World, a gamified entertainment metaverse.

VV price chart

Your avatar has a consistent identity across platforms through virtual versions. This eliminates the need for multiple accounts and makes metaverse navigation easier.

Virtual Versions also prioritizes data privacy and security. Token provides an innovative digital identity solution to prevent data misuse and unauthorized sale.

The project also aims to restore privacy, transparency and security in the digital realm. It does this by empowering individuals to control their own data through secure internet use through a virtual version.

What a great start to 2024! 🚀
496.68% profit so far in January 🔥
Take a look for yourself: https://t.co/6izj5CgiFA
This is just the beginning. pic.twitter.com/Km7Q527aGw
— Virtual Versions (@virtualversions) January 25, 2024

Leveraging the decentralized nature of blockchain ensures the highest security and integrity of your digital identity. This makes VV an attractive investment option for those looking to participate in the growing digital identity and metaverse markets.

However, the project has recorded significant trading volume and an impressive price rise of 91.70% over the past seven days. This upward trend has led to it outperforming the global cryptocurrency market and similar Ethereum ecosystem cryptocurrencies.

3. Satoshi VM (SAVM)

SatoshiVM (SAVM) is a decentralized Bitcoin ZK Rollup Layer2 solution that seamlessly integrates with the Ethereum Virtual Machine (EVM) ecosystem. It also utilizes native BTC as gas.

Additionally, its main goal is to bridge the gap between the Bitcoin and Ethereum ecosystems. This enables asset issuance and application development within the Bitcoin network.

Additionally, the key innovation lies in the verification system. This ensures accurate execution of Layer 2 blocks on Bitcoin without modifying existing infrastructure.

SAVM price chart

SAVM leverages the capabilities of Taproot to perform an off-chain ZK proof process for block execution and verify it in Bitcoin via Taproot. This approach enhances the security of Layer 2 transactions and allows Bitcoin to serve as a powerful payment layer.

Meanwhile, a spat broke out last week between one of the project’s advisors and fundraising platform Ape Terminal over a seemingly controversial token launch. This caused the newly launched SatoshiVM (SAVM) token to plummet by 269.80% in the last 24 hours.

The dispute revolves around SAVM’s Launchpad event, which began trading on January 19. Ape Terminal is a decentralized exchange (DEX) funding platform for cryptocurrency projects looking to launch new tokens through an initial DEX offering. They strongly refuted these claims, claiming that MacnBTC “sniped” and profited from token sales.

As a result, SAVM offers an attractive investment opportunity in the evolving decentralized finance landscape. This is due to its innovative approach to interoperability and secure block verification.

4. Wall Street Meme (WSM)

Wall Street Memes ($WSM) is an emerging meme token that is quickly gaining traction in the cryptocurrency market. It boasts significant daily trading volume and a market capitalization of $50 million, behind Dogecoin, Shiba Inu, and Pepe.

Moreover, this project also stands out in that it recently launched a cryptocurrency casino. It provides users with anonymous and secure account creation and cryptocurrency transfer through Telegram without KYC verification.

With features like commission-free deposits and withdrawals, WSM Casino offers considerable utility to players. It offers a variety of gaming options, including slots, virtual and live dealers, and a comprehensive sportsbook.

Despite the recent security breach, the team’s rapid response highlights its resilience and recoverability. This is combined with a successful token pre-sale and strong community support.

Additionally, high staking pool participation, returning 40% APY, is indicative of current holders’ confidence in the future trajectory of the token. Despite the challenges, Wall Street Memes’ innovative efforts make it an attractive investment opportunity. Additionally, strong community support makes it an interesting option in the meme coin landscape.

Visit Wall Street Memes