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Unlock lucrative investment opportunities by analyzing popular cryptocurrencies on DEXTool, helping investors stay ahead and maximize their investment return potential in the volatile cryptocurrency market.
As the price of Bitcoin has risen 4% in the past 24 hours, traders are actively looking for new coins with greater potential upside on DEXTools, which is developing rapidly with new projects being launched every day.
These projects often demonstrate unique use cases and value propositions that differentiate them from other projects. This article will focus on the 3 hottest new coin listings currently being discussed on DEXTools.
Popular Cryptocurrencies on DEXTools
X is our most popular coin on DEXTool today, up 136% in the past 24 hours and with a Dext Score of 97. This rally comes after the X team announced on Twitter that they have launched the Rescue Protocol. The protocol was launched following the $Xers migration updated on DEXTools today. Meanwhile, new cryptocurrency eTukTuk continues to make an impact through its unique use case and passionate community.
1. X (X)
X is a community-driven cryptocurrency project inspired by Elon Musk's mysterious tweet about the letter X. X aims to create a decentralized and innovative financial ecosystem through blockchain technology, aiming to subvert the traditional economic system.
Therefore, what distinguishes X is its emphasis on community participation, transparency, and inclusivity. X fosters a sense of ownership and a spirit of collaboration by involving token holders, developers, and enthusiasts in the decision-making process. This ensures that the project evolves in the interest of the community.
In addition, X adopts a deflationary Tokenomics model, which incentivizes long-term holding through static rewards and automatic generation of liquidity.
The token focuses on security, creative marketing, NFT integration, and social impact projects. Despite its low valuation, X’s strong growth potential is intriguing. Moreover, combined with its community-driven philosophy and innovative features, it becomes an investor’s choice. It caters to those seeking exposure to the evolving cryptocurrency space.
However, currently X is priced at $0.0000004 with a 24-hour trading volume of $169,578. The project has experienced significant growth in the past 24 hours, up 91.55%. Moreover, it is ranked 1788th on CoinMarketCap with a market cap of $374,052. Furthermore, X has a massive circulating supply of 922,017,767,004 tokens with a maximum supply of 960,620,301,401 tokens.
2. eTukTuk (TUK)
eTukTuk (TUK) is a new eco-friendly cryptocurrency that will transform transportation in developing countries. eTukTuk recently surpassed a fundraising milestone of $560,000. Its mission is to make sustainable transportation more affordable and accessible to the unbanked.
In addition, the core of the eTukTuk ecosystem is the TUK token, which is a BEP-20 token on the BNB Chain with a maximum supply of 2 billion. The TUK token provides payment, incentives, and rewards for the eTukTuk decentralized network.
A key feature is TUK Power Staking, which allows holders to passively earn rewards over a 15-year period. With a gradually decreasing reward curve, long-term participation is encouraged.
However, as holders lock up their tokens, they can earn staking rewards of up to 300% annualized yield, giving intrinsic value to TUK. This also enables payments within the eTuktuk ecosystem. As more electric tuk-tuks are deployed, the utility and demand for TUK is expected to increase. This will drive momentum for the pre-sale and people will adopt the eTuktuk platform.
The appeal of the presale provides clues to the future potential of eTuktuk. This encourages investors to consider entering at the current presale price to maximize long-term returns. As the presale approaches its $680,000 target, the current phase is expected to end soon. This will cause the TUK price to rise from the current $0.026.
Additionally, once the presale is over, TUK will be publicly available on centralized and decentralized exchanges. Interested investors can purchase TUK tokens using BNB, USDT, or credit/debit cards at etuktuk.io.
3. e-RADIX (EXRD)
e-Radix (EXRD) is an important bridge between the Radix and Ethereum networks. It is represented as a package of XRD on Ethereum. The digital asset was established in November 2020 and can achieve seamless 1:1 exchange with XRD. In addition, it also facilitates interoperability between the two ecosystems.
However, e-Radix's mission is to provide broader accessibility to Radix's XRD token within Ethereum's DeFi space, similar to how wBTC represents Bitcoin. Through designed durability and unplanned expiration dates, e-Radix ensures continuous exchange between eXRD and XRD. The token is designed to maintain price equilibrium.
Meanwhile, the token’s links to the Radix ecosystem include the Cerberus consensus and the Scrypto programming language. These highlight its role in decentralizing the global financial system. However, as part of Radix’s broader goals, e-Radix helps distribute tokens more widely before staking, promoting decentralization.
At the same time, EXRD has a limited supply, meaning that only a certain number of tokens are available, which may increase in value over time. It acts as a global currency that enables international transactions without intermediaries.
Likewise, to obtain and store EXRD, you can buy it on a cryptocurrency exchange or peer-to-peer marketplace. Once you receive EXRD, it is important to store it securely in a crypto wallet. This wallet can be a hot wallet (software-based, stored on the device) or a cold wallet (hardware-based, stored offline).
The recent surge in trading volume, reaching $519,424 in 24 hours, signals increased market activity, making e-Radix an attractive investment option for investors looking to enter the cryptocurrency market.
4. GMD (GMD)
GMD Protocol is a yield optimization and aggregation platform built on existing applications and GMD's reserve token on Arbitrum. The project maximizes returns in a unique way while reducing risks in the cryptocurrency space.
However, by adopting a Delta-neutral or pseudo-Delta-neutral strategy, GMD eliminates the risk of exposure of its users to unwanted assets. GMD's first product includes single collateral vaults for BTC, ETH, and USD, which are built on GMX and GLP. This ensures that GMD Protocol's reserves receive income from the underlying support $GLP and receive all income from the single collateral vault.
GMD Protocol aims to change the way transactions are conducted. In addition, the protocol’s plans include utilizing a derivatives platform through smart collateral pools and arbitrage anchor assets. These plans demonstrate its commitment to continued innovation and expansion.
However, through a clearly stated transparent revenue model, GMD Protocol earns real returns through its reserves and revenue sources. These revenue sources include GLP rewards and protocol-owned liquidity. Investors can expect a steady stream of returns.
Additionally, transparency of revenue streams and sample APR calculations enhances investor confidence in the project’s sustainable growth potential. This transparency contributes to the perception of long-term viability.
In addition, GMD Protocol is a strong choice for investors seeking exposure to a cutting-edge financial ecosystem. It is supported by solid fundamentals and a clear roadmap for future development.
Our last round of airdrops has been completed. But our reserves continue to excel with high annualized yields on $USDC, $ETH, and $BTC. Let's keep making money!
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GMD earns 70% of the fees generated by the platform as utility and governance tokens through its reserves and reserves. This promotes a sustainable ecosystem. In addition, GMD Protocol focuses on continuous innovation and expansion, working to explore additional reserves. It aims to implement a pseudo-Delta neutral strategy to optimize returns.
Additionally, with its current price of $22.74 and 24-hour trading volume of $4,462.58, GMD offers investors an opportunity to gain exposure to innovative projects with real-world utility and growth potential in the cryptocurrency market.
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