DEXTools remains one of the best crypto research platforms in the world. Currently, the top performing cryptocurrencies on the platform are popular meme coins and gaming projects. These tokens are experiencing an increase in capital inflows and have received the highest mentions in recent social media.
This article introduces some of the popular cryptocurrencies on DEXTools, especially those that have made significant gains in the past 24 hours. It provides details on the price movements of these coins during that period, including key data that may affect their future performance.
The hottest cryptocurrencies on DEXTools
The 99Bitcoins project was also featured in today’s article. A few weeks ago, the 99Bitcoins project launched a pre-sale for its native cryptocurrency, the 99BTC token. Through the token pre-sale, it has raised about $2 million and plans to launch an initiative that could change the history of education. More details on the project are included below.
1. Kelp DAO Restaked ETH (rsETH)
Kelp DAO is a decentralized autonomous organization that aims to enhance liquidity, DeFi opportunities, and reset asset rewards. It has made significant progress in the crypto world by providing a single liquidity validation token for accepted liquidity validation tokens (LST).
Currently, the price of Kelp DAO Restaked ETH (RSETH) is $3,806.23 with a 24-hour trading volume of $7,971,226.45. This marks a 0.21% increase in price over the past 24 hours, although the price has slightly decreased by 0.16% over the past week. The circulating supply of RSETH is 300,000 and the market capitalization of the token is $1,126,547,904.
Furthermore, the trading volume in the past 24 hours was $7,971,100, which is a 52.40% increase from the previous day. This shows that the interest and activity in the coin is growing.
RSETH's price history has been highly volatile, reaching a high of $27,914 on May 26, 2024, and a low of $2,822.84 on May 1, 2024. Since the high, the lowest price has been $3,642.83, while the highest price since this cycle low is $4,044.49.
RSETH’s current market sentiment is unspecified, but the Fear and Greed Index is at 73, indicating a state of greed in the market. This suggests that investors feel confident and are more likely to buy than sell.
2. Truebit (TRU)
The Truebit protocol revolutionizes the off-chain execution capabilities of blockchain technology by leveraging principles from game theory. Truebit increases on-chain computational power and provides trustless, secure, and scalable consensus on large-scale computation. This is a significant leap forward over what Ethereum is currently able to handle. The protocol also supports easy-to-use programming languages, making it accessible to a wider audience.
In addition, TRU tokens play a core role in the Truebit ecosystem. TRU tokens are created and destroyed based on demand. Each Truebit task destroys TRU tokens, and users can use ETH to purchase or retire TRU tokens. When users purchase TRU tokens, part of the ETH goes into the reserve escrow account, and retirement transactions withdraw ETH from this reserve.
Thus, the price of Truebit Protocol (TRU) is $0.2009. In the past 24 hours, the trading volume reached $352688.50, despite the price falling by 5.36%. In the past seven days, the price has increased by 0.55%. Although Truebit has shown a growth of 0.60% in the past week, which exceeds the decline of 1.20% in the global cryptocurrency market, it has underperformed compared to similar Ethereum ecosystem cryptocurrencies (up 12.70%).
However, trading activity has declined recently. The trading volume in the last 24 hours was $352,735, which is 8.90% lower than the previous day. This drop in market activity may indicate a temporary drop in interest or trading activity.
3. Vent Finance (VENT)
Vent Finance (VENT) is the pioneer of the first complete Cardano-Polygon community-launched platform ecosystem. VENT aims to promote sustainable growth and make decentralized finance (DeFi) accessible to everyone. The platform focuses on simplicity, security, and transparency, enhancing the reputation and maturity of the DeFi space and the broader crypto ecosystem.
VENT uses an innovative Point Allocation System (PAS) to reward long-term holders and enable new users to participate. Social features within the platform allow verified users to communicate with each other and exchange ideas with project creators. In addition, the platform provides a safe trading environment and complies with international regulations. Conversely, VENT provides project support through incubation partners, ensuring that new entrepreneurial projects have a comprehensive support system.
At the same time, one of the key features of the VENT platform is its simple one-time platform-level identity verification process. The platform also provides customer support at all stages of registration, KYC, and contribution to the project pool.
VENT tokens are actively traded on decentralized and centralized exchanges. The most popular exchanges include Pancakes Wap V3 (BSC), Gate.io, and LATOKEN. The most active trading pair is VENT/BSC-USD, with a trading volume of $2,935.80 in the past 24 hours.
As a result, Vent Finance has seen a 12.80% increase in trading volume over the past 24 hours to $17,678.19. VENT’s current price is $0.008394, down 1.36% over the past 24 hours and 6.48% over the past seven days. Despite the recent decline, VENT’s circulating supply is 250 million VENT, giving the token a market cap of $2,098,407.
What could be the next hot cryptocurrency?
Anyone who has been following cryptocurrency trends lately would have noticed the impressive price action of newly listed crypto projects. These projects have performed well in the market and have generated multiple returns on investment for investors.
One of the latest projects to watch out for this quarter is 99Bitcoins. The project aims to disrupt the way people acquire knowledge about the crypto industry. In addition to teaching industry knowledge, the 99BTC project also promotes a “learn and earn” program.
The program leverages the decentralized technology of the crypto industry to provide an effective learning experience for learners around the world. With 99BTC as the platform's currency, students from all over the world can earn substantial returns. More importantly, early investors in 99BTC tokens have advantages in both the short and long term.
Currently, 99BTC tokens are on presale, meaning investors can buy them at a discounted price of $0.00107. It also offers a staking offer, allowing investors to earn a significant annual yield on staked tokens. Therefore, anyone who holds tokens can earn passive income before the tokens are fully launched.
In addition to the annual yield, investors and traders who hold 99BTC tokens will also have unlimited access to trading signals. This will not only give them additional returns, but will also help increase their trading success rate over time. There are several other benefits to participating in the 99BTC token presale, details of which can be found on the 99BTC website.
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