The most popular cryptocurrencies currently on the Ethereum chain – PAID Network, EverMoon ERC, MetisDAO

adminJanuary 13, 2024

join us telegram A channel to stay up to date on breaking news coverage

Discover hottest cryptocurrency It is making waves on the Ethereum blockchain. Stay informed about the latest trends and promising projects shaping the decentralized finance landscape.

The Ethereum blockchain is one of the most popular blockchains in the cryptocurrency industry and there are many projects listed on the platform. With the cryptocurrency market turning green recently, several tokens including PAID Network, EverMoon, and MetisDAO have all recorded bullish trends.

This price surge has made the project rank among other coins on the Ethereum blockchain. We will analyze other factors responsible for this upward trend.

Most popular cryptocurrencies on the Ethereum chain

Meanwhile, SEC’s spot approval Bitcoin ETF It’s been a huge boost for Bitcoin Minetrix, whose recent presales exceeded $8.3 million. The $BTCMTX token, currently priced at $0.0128, will gradually increase as the pre-sale progresses, with the next surge scheduled for 3 days.

Additionally, to purchase Bitcoin Minetrix during the pre-sale period, investors can easily connect their Ethereum compatible wallet to the project website and earn $BTCMTX using USDT or ETH.

1. Paid Network (PAID)

The PAID Network serves as a comprehensive business toolkit to meet a variety of transaction needs. Unlike traditional legal contract systems full of complex jargon, PAID introduces SMART contracts. This is a simplified contract signed on-chain between two business parties in easy-to-understand language.

PAID improves processes by integrating escrow, insurance and dispute resolution systems. Escrow also acts as a store of intermediate value. While this reduces transaction risk, insurance provides the parties with protection against non-performance of the contract.

If a dispute arises, three randomly selected arbitrators from the community will stake PAID tokens to arbitrate. Biometric-based reputation scores help prevent fraud and allow users to view transaction history and feedback.

Paid Pricing Chart

In addition to these features, PAID integrates DeFi tools such as lending, lending, and insurance pooling. PAID holders can deposit tokens into liquidity pools, take out loans, and participate in insurance pools, all vetted through a reputation scoring system.

The DAICO model also adds a layer of responsibility for new projects. Provide refunds to investors if the project fails to deliver on its promises. Additionally, PAID’s groundbreaking SMART contracts and diverse toolkit position it as a viable alternative for domestic and international business transactions.

🌊A breakthrough in crowdfunding: Dive into the open pool#Ignition V2 arrived and with it #New era of crowdfunding
Here’s what you need to know:
🧩 The crowdfunding revolution:
Remove barriers to entry, introduce circulating token fees, ensure fairness… pic.twitter.com/x2f4zxT7nk
— Paid Network (@paid_network) January 12, 2024

However, PAID Network has outperformed the global cryptocurrency market with a 32.20% price increase over the past seven days. The current price of PAID Network (PAID) is $0.3208. This is an increase of 25.53% in the last 24 hours and 32.23% in the last 7 days. With a circulating supply of 250 million PAID, the market capitalization reaches $79,540,533.

Additionally, the trading volume of Pay Network (PAID) in the last 24 hours is $17,327,813, up 170.10% from a day ago, indicating a recent surge in market activity.

2. Bitcoin Minetrix ($BTCMTX)

Bitcoin Minetrix Introducing a groundbreaking protocol centered around decentralized cloud mining. Users participate seamlessly by staking $BTCMTX for Bitcoin mining credits and converting this to cloud mining power, yielding free Bitcoin. This user-friendly approach removes barriers to entry by requiring no hardware or technical expertise.

#Bitcoin Metrics Open to the public $BTC Mining Opportunity! ⚙️
Cloud Mining: Ideal for: #Cryptocurrency first of all!
✨ Simple input.
💸 No cost-effective hardware.
🏙️ No worries about space, noise or heat.
🔧 Easy upgrades. pic.twitter.com/idd64UZ3fE
— Bitcoin Minetrix (@bitcoinminetrix) January 1, 2024

Bitcoin Minetrix, an Ethereum-based application accessible through wallets like MetaMask, leverages the broad, beginner-friendly Ethereum user base. Additionally, $BTCMTX’s central role and carefully crafted token economics offer significant upside potential. Its decentralized and community-owned nature mitigates the risk of cloud mining fraud, making it a safe alternative.

Additionally, the project’s impact on the Bitcoin network is significant as increased user onboarding increases network hash power. This increases security and promotes easy passive rewards. As Bitcoin halving approaches and supply decreases, Bitcoin Minetrix Rewards become more valuable.

The project’s token distribution, with 42.5% allocated to mining, 35% to marketing, 12.5% to staking, and 10% to the community, suggests strong demand potential post-IEO.

Visit Bitcoin MINETRIX

3. Evermoon ERC (EVERMOON)

EverMoon ERC (EVERMOON) is establishing itself as a vibrant, inclusive, community-driven project within the Web3 space. The project also highlights the collaboration, innovation and transformative potential of blockchain technology.

With a mission to build an influential Web3 community, EverMoon strives to create an immersive and nurturing environment where individuals from diverse backgrounds can connect, learn, and be creative.

EverMoon’s vision also focuses on empowering individuals to explore their passions, share knowledge, and collaborate on projects. This breaks down barriers for people from all walks of life to access the blockchain world.

EverMoon price chart

Additionally, EverMoon’s impressive price increase of 148.20% in the last seven days reflects growing interest in its unique features. These features include an innovative static rewards system, automatic LP topping, and a commitment to secure trading.

Additionally, the current price of EverMoon ERC is $0.001405. This reflects a 58.52% increase in the last 24 hours and an impressive 148.25% surge in the last 7 days.

We are excited to announce another news. #Evermoon Meme Competition!
We will select three winners who will receive $200,000. #Evermoon Tokens (~$200 at current prices)
To simply type:
1) Follow @EverMoonERC As a reminder.
2) Please RT this post.
3) Reply with your most creative meme.
GL! pic.twitter.com/9xldpogM8y
— EverMoon (@EverMoonERC) January 12, 2024

However, it is important to note that market capitalization data for EverMoon ERC is currently unavailable due to an unreported circulating supply of EVERMOON tokens. This significant volume and price movement highlights the recent increase in market activity for EverMoon ERC.

Although still a young company, EverMoon’s dedication to community building, innovation, and adaptability to investor needs positions it as a promising player in the dynamic cryptocurrency landscape.

4. METIS DAO (METIS)

MetisDAO (METIS) solves the blockchain trilemma by serving as an Ethereum Layer-2 scaling solution to balance decentralization, security, and scalability. MetisDAO also helps developers create and manage decentralized applications (dApps) while supporting the launch of new applications.

Additionally, the project explicitly addresses Ethereum’s speed, cost, and scalability issues. Operating on optimistic rollups, MetisDAO enables fast and cost-effective transactions on the Ethereum blockchain. Unlike traditional systems that store transaction data at layer 1, MetisDAO stores most data off-chain, significantly reducing storage costs.

Wow this is crazy https://t.co/qnxoa3JMZl
— Metis (@MetisDAO) January 12, 2024

MetisDAO also provides a modular framework. The token enables developers to build and customize dApps using the platform’s infrastructure, emphasizing a seamless transition from Web 2.0 to Web 3.0.

Potential use cases for MetisDAO include serving as a layer 2 scaling solution, a platform for building decentralized autonomous enterprises (DACs). We also offer a grant program through our DAO Tribution campaign. The program aims to facilitate the creation of DACs on KORIS by allowing applicants to submit funding proposals through Metis tokens.

metis price chart

Additionally, MetisDAO is developing a hybrid rollup that combines an optimistic rollup architecture with zero-knowledge proofs. This developer-friendly layer 2 allows Ethereum developers to deploy a variety of decentralized applications.

However, with an incredible 24.50% price increase over the past 7 days, METIS (METIS) outperforms the global cryptocurrency market (up 5.90%) and similar Ethereum ecosystem cryptocurrencies (up 12.70%).