What Are The Trending Cryptos on Avalanche Today? ๐
Are you a crypto enthusiast looking for the latest crypto trends๐? This weekend has seen significant movement in the crypto market, with a 2% increase in market cap and a notable decrease in trading volume. Bitcoinโs market dominance is also approaching the 50% mark. In the midst of this, the Avalanche chain has seen some interesting upward-moving cryptocurrency tokens that have caught the attention of investors. Here is a detailed look at these trending crypto tokens on the Avalanche chain and what makes them stand out.
Trending Cryptocurrency Tokens on Avalanche Chain
1. GameSwift (GSWIFT)
Are you interested in blockchain gaming? GameSwift is a modular blockchain network that offers gaming-optimized Layer 1 and zkEVM roll-ups tailored for specific games. The platform introduces a multichain GameSwift Platform, providing an optimized infrastructure for game developers to deploy dApps efficiently and securely on zkEVM. GameSwift aims to become the preferred blockchain network for development studios, allowing them to build and launch dedicated gaming roll-ups. Currently, GameSwift is priced at $1.094345 and has shown a 6.76% price increase in the last 24 hours.
2. SteakHut Finance (STEAK)
SteakHut Finance is a native yield and liquidity aggregator within the Avalanche ecosystem, offering a comprehensive suite of tools and protocols for DeFi. The token has seen a significant price increase of 10.82% in the last 24 hours with impressive performance over the past seven days. However, there is a need for circulating supply data to be made available for assessment.
3. Stargate Finance Token (STG)
Stargate Financeโs price history reveals an all-time high of $4.31 on April 2, 2022, and its recent resurgence has made it one of the top-trending tokens on the Avalanche chain. It trades above the 200-day simple moving average and boasts high liquidity based on its market cap. The token offers an omnichannel-native asset bridge, distinguishing it from other tokens in the Avalanche ecosystem.
4. Bear (BEAR)
Bear Coin on the Avalanche chain is a meme token dedicated to promoting Avalanche and its associated protocols and coins. The token has experienced a notable increase in trading volume, and there are predictions that the BEAR price might decline with the incoming token unlock. Its trading forecast for the next 30 days projects a gain of 3.90%.
What Might Be The Next Top Trending Crypto?
Scotty the AI integrates advanced AI with blockchain technology, aiming to enhance security and fraud detection in the crypto universe. The project has raised $480,210 in its presale round, providing AI-powered security and fraud detection solutions to the crypto ecosystem. The presale is currently ongoing, presenting an opportunity for investors to acquire the new token at a significant value.
In summary, the trending cryptocurrencies on the Avalanche chain have shown promising performance and potential for further growth. Whether you are interested in blockchain gaming, DeFi, or a unique approach to promoting the Avalanche ecosystem, these tokens have offered investors diverse opportunities for investment in the crypto space.
Insa’s extensive background in the financial realm encompasses roles as a writer, trader, and personal finance coach. Her proficiency spans a wide spectrum, ranging from commodities and indices to forex and cryptocurrencies. Insa’s specialization lies in furnishing strategic investment advice tailored to the fintech investment niche.