Most popular cryptocurrencies on Polygon – Moonflow, AI Pepe King, Playermon

adminMay 1, 2024

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The Bitcoin dump continues as the asset hits a 24-day low of $60,000. Despite the halving euphoria, bulls were unable to bring BTC price back to the ATH range. Investors are speculating that the giant cryptocurrency could hit a value below $60,000 before the weekend as ETF outflows continue unabated.

Nonetheless, investors are exploring other chains and cryptocurrency opportunities to find the best tokens to invest in. In today’s article, we take a look at the most popular cryptocurrencies on the Polygon chain. Trends and market data in each article are concisely disclosed to help investors have insight into trends in the network.

Most popular cryptocurrencies on Polygon

Moreover, recent market data shows that early investors who take advantage of pre-sale projects can generate more substantial returns than those who take advantage of price volatility. Bitcoin Minetrix’s pre-sale performance shows growing investor interest in new cryptocurrency projects as it raised more than $13 million through its pre-sale offering. News from the project’s official Twitter handle gives a hint about its listing on the exchange today, April 30th. More information is included below.

1. AI Pepe King (AIPEPE)

AI Pepe King was highlighted today as one of the top trending tokens on the Polygon chain. The token hit a new ATH value of $0.0000000001175 after entering the upper range at the beginning of the year. PEPE has lost a significant amount of value due to the cryptocurrency market dump, but is still 2000% higher than its launch price.

In general, PEPE is a meme coin project aimed at countering the popular meme coin PEPE. But it does this by focusing on the AI narrative. Today, the project has seen significant growth in community and use cases.

At the time of writing, it boasts over 31,000 holders, according to DEXTools data. In less than a year since its founding, it has completed 317,000 transactions. The token is being marketed as the largest AI meme coin community on Polygon, a claim borne out by the number of token holders.

AIPEPE price chart

As of this writing, PEPE has a market cap of $2 million and trading volume of over $200,000. Interestingly, despite the token’s marginal trading volume, PEPE has seen impressive price action over the past seven days. While most cryptocurrencies lost significant amounts of value during this period, AIPEPE recorded gains of over 20%.

Additionally, with growing interest in memecoins, they appeared on Polygon’s chain trends list today. The interest stems from the ongoing airdrop program, which has distributed over 200 billion PEPE tokens to users in four rounds. At the current rate, the cryptocurrency community should expect this token to appear repeatedly on DEXTool’s trending list throughout the month.

2. Playermon (PYM)

Player on is a new cryptocurrency project on DEXTools with an impressive upward trend chart. The project recently debuted on the Polygon chain and made the list of popular tokens on the chain. Despite the cryptocurrency market facing a prolonged price decline over the past seven days, PYM kicked off its token launch with huge gains. Today it recorded a price increase of over 160%, putting it on the list of top gainers.

According to the DEXTools page, the project is described as an NFT game where users battle Playermons. The game rewards users with BTC or USDT for completing tasks or achieving milestones. The website also states that users can receive rewards for adding other users to the system.

PYM price chart

The project focuses on entertainment and fun experiences, while also including some economic benefits at its core. Playermon promotes PYM as the project’s native cryptocurrency. It provides PYM to users as in-game rewards, and investors can also obtain PYM tokens through decentralized exchanges. The value of PYM is determined through supply and demand in the ecosystem.

we are on @0xpolygon The newly launched Amoy testnet, with numerous smart contracts deployed and ready for testing. By the way, we have launched PvP Phase 1 where you can test your Playermon skills by challenging your friends https://t.co/1TqRI3wKXq
— Playermon $PYM (@playermons) April 30, 2024

As of this writing, the price of PYM is $0.003068. Appearance on the DEXTools trend list has contributed to the token’s rise in value and investors can expect further rise in the asset’s price. Additionally, PYM’s market data shows an upward trend in trading volume and complementary growth in token market capitalization. Ultimately, investors should keep an eye on the token’s trends and observe how its value increases as adoption increases.

3. Moonflow (MOON)

Moonflow is one of the cryptocurrencies that utilizes the Polygon chain. Their project claims to be building a future where NFTs and DeFi will become mainstream. According to the DEXTools page, the project boasts over 31,100 MOON holders and that number is growing, with Polgonscan revealing that the number of holders has increased by around 3%.

Although the MOON token is still in its formation stage, the charts show a promising trajectory. The chart currently shows consistently high highs and lows, indicating an uptrend compared to the overall downward trend in the cryptocurrency market. This means that not only has MOON become a trend, but buyers are also flocking to it. As per the chart trend, the token has also seen a price increase of around 50% in the last 24 hours.

MOON price chart

According to data from DEXTools, MOON’s market capitalization is approximately over $4.2 million at the time of this writing, which is now up 15%. Additionally, the asset’s trading volume exceeded $100,000, with over 142,000 transactions taking place since the project was launched.

What will be the next top trending cryptocurrency?

Bitcoin Minetrix Pre-sales to date have been incredibly successful, and the investor community that has supported the vision has shown impressive enthusiasm. Over the course of several months of pre-sale, the project has raised over $13 million in funding to build the next advancement in Bitcoin mining technology.

As the cryptocurrency community goes through the Bitcoin halving event, BTC price is expected to surge. Technically, the declining cost of assets coupled with increased demand from institutional investors shows that investors are likely to see a surge in the value of BTC.

Mining is one of the best ways to participate in BTC opportunities, and this is exactly what the Bitcoin Minetrix project offers to all investors. with that BTCMTX Tokens and cloud computing technology allow investors to mine BTC from the comfort of their homes. Bitcoin Mintrix was listed on Uniswap today and early investors can claim BTCMTX tokens.

that much $BTCMTX Your claim is now in progress! 🎉
your claim #token Via our website.
Please exercise caution and do not click on unauthorized links. ⚠️
Make sure you have enough. $ETH To cover gas costs. pic.twitter.com/R416CgEca9
— Bitcoin Minetrix (@bitcoinminetrix) April 30, 2024

More importantly, the project is starting this trend by burning over 400 million BTCMTX tokens. The announcement was also made on the project’s official Twitter handle. Burns aim to remove more than 10% of the token’s circulating supply, which will immediately impact the token price. More information about the project launch and token claim can be found on the official website.

Visit the Bitcoin Minetrix website