Popular cryptocurrency tokens on Avalanche Chain today – Roco, Hurricane Token, EMDX Token

adminApril 21, 2024

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The prices of cryptocurrencies, including assets in the Avalanche ecosystem, are range-bound. Throughout the week, Bitcoin trades between $64,000 and $63,000 levels, while some altcoins fluctuate between multiple price levels. The Avalanche network is dominated by GameFi and entertainment sector assets, making Avax Coin one of the most used cryptocurrencies.

Nonetheless, the trading volume on the Avalanche chain has little effect on the coin price. On the other hand, projects on the Avalanche network post thrilling price trends that investors should monitor closely. Over the next few days, trends may influence the price direction of the AVAX token.

Crypto Token Trends on Avalanche Chain Today

Moreover, investors are increasingly interested in pre-sale cryptocurrencies. This market cycle saw several cryptocurrency projects launch through token presales. A recent example is the eTukTuk initiative. The project seeks to solve global challenges by leveraging blockchain technology. Today’s post includes a brief summary of the project.

1. ROCO

ROCO, a decentralized GAMEFI platform, provides blockchain services to game developers, content creators, and player communities through the AVAX network. Roco Finance aims to revolutionize online gaming and support promising gaming projects through partnerships with the gaming ecosystem.

Roco Finance is valued at $0.224469, with a 24-hour trading volume of $278,027 and a market capitalization of $3.88M. Despite the market dominance of 0.00%, ROCO price is up 0.94% in the last 24 hours.

ROCO_Price Chart

Roco Finance hit an all-time high of $6.18 on October 25, 2021. Conversely, the lowest price is $0.055046 on October 26, 2023. Additionally, the lowest price of the token after ATH was $0.055046, while the highest low price after the cycle reached $0.396115. Currently, the sentiment surrounding Roco Finance’s price prediction is bullish, with a Fear and Greed Index score of 66 (Greed).

Enter a new era in gaming with Roco Finance! 🚀Partnership @SkaleNetwork , we have enhanced your gaming experience. 🎮
Instant payments, seamless exchanges – no more waiting or paying fees. Join the GameFi revolution! pic.twitter.com/ZJGIDScSm6
— RocoFinance🔺 (@RocoFinance) March 6, 2024

Roco Finance has shown promising growth with a circulating supply of 17.30M ROCO out of a peak supply of 100M ROCO. Over the past year, the price has surged 17% and continues to trade above its 200-day simple moving average. Additionally, its high liquidity makes it one of the popular tokens on the Avalanche network.

Roco Finance is actively traded on four cryptocurrency exchanges, including Gate.io and MEXC. In the last 24 hours, $278,027 worth of ROCO was traded on this platform.

2. Hurricane Token (HCT)

HurricaneSwap token, the first cross-chain liquidity DEX operating on Avalanche, introduces an innovative LP-Bridge mechanism called the Roke Protocol. This unique feature allows users to seamlessly trade popular assets from other chains within the Avalanche ecosystem. Harnessing the speed and efficiency of Avalanche, HurricaneSwap ensures users experience fast, reliable, and cost-effective cross-chain transactions.

The price of HurricaneSwap token is $0.000161, with a 24-hour trading volume of $16,184. The token boasts a market cap of $180.28K with 31.98K holders, which means it has a thriving community. Over the past 24 hours, HCT prices have increased slightly by 0.10%.

HCT price chart

Looking back at the price history, the HurricaneSwap token hit an all-time high of $0.275932, peaking on October 30, 2021. Conversely, the lowest recorded price was $0.00008239 on October 20, 2023, showing considerable volatility. Additionally, the lowest price of the token after ATH was $0.00008239, while the highest price after the cycle reached $0.000667.

Sentiment surrounding the HurricaneSwap token price prediction is leaning bearish, with a Fear and Greed Index score of 66, indicating investor greed. Additionally, HurricaneSwap tokens can be traded on centralized and decentralized cryptocurrency exchanges.

Among these, Gate.io has emerged as the main platform for HurricaneSwap trading. It also boasts an active trading pair, HCT/USDT, with a trading volume of $14,059.47 over the last 24 hours.

3. EMDX Token (EMDX)

EMDX is a decentralized derivatives protocol focused on real and emerging market assets. EMDX aims to increase access to assets and risk hedging tools by working with traditional finance (TradFi) operators. The current price of EMDX is $0.0193, with a 24-hour trading volume of $11,466. This is a significant increase of 15.2% in the price over the past day.

EMDX_Price Chart

EMDX also serves a variety of purposes, including governance rights, staking rewards, trading rewards, and fee discounts. EMDX tokens are also used for payments related to EMDX subnet fees and provide access to community events and initiatives.

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— EMDX (@emdx_io) April 12, 2024

EMDX tokens can be traded on decentralized exchanges. TraderJoe V2.1 (Avalanche) stands out as a popular platform. The most active trading pair on EMDX is EMDX/WAVAX, with a trading volume of $11,466 over the last 24 hours.

What will be the next top trending cryptocurrency?

The cryptocurrency ecosystem is becoming more innovative with the emergence of projects such as: Ituktuk The team is building solutions to tackle the global climate crisis. We leverage blockchain technology to ensure decentralized access to services. We also offer TUK tokens to encourage platform usage and ensure the sustainability of the project.

📢📢Exciting announcement 📢📢
We’re excited to announce that our long-awaited game, Crazy Tuk Tuk Taxi, is now available on the Play Store.
Complete quests, earn rewards and compete in thrilling races 🙂
Download now: https://t.co/BKQoTm6UZg pic.twitter.com/jnKbG6OX2S
— eTukTuk (@eTukTukio) April 18, 2024

TUK tokens are not designed to be securities, but represent a viable store of value for their holders. As demand for eTukTuk services increases, the value of TUK tokens will also increase. Additionally, the project now includes fun activities such as the TUK TUK game. A post on the eTukTuk Twitter handle announced that the platform has released the game on the App Store and Play Store. Games provide added value to TUK tokens.

TUK is available for pre-sale. The project raised more than $3 million. The team has not yet reached its pre-sale goal, which means more investors can join the community. The pre-sale price of TUK tokens is $0.03, but they will only be available for a short period of time. At the end of the pre-sale period, it will float at market value.

As the demand for eco-friendly transportation increases, TUK Holders can expect the value of their tokens to reach full potential quickly. What is more important about TUK tokens is that they are supported by companies carrying out actual projects.

Therefore, TUK can maintain its value in the long term. There is some other information that can help investors understand the project better and can be found on the website and social media handles.

Visit eTukTuk Presale