On one hand, altcoin prices are also rising as the week begins. A notable trend in the market today is the emergence of AI cryptocurrencies, which are some of the biggest winners. Many of the assets in this category are currently seeing double-digit gains, suggesting that the story in the space will outlast the halving hype.
Regarding Bitcoin’s halving, this event is only 5,000 blocks away, with many predicting it will occur on April 20. It is believed that the reduction in Bitcoin’s supply will lead to a corresponding increase in price.
Popular Cryptocurrency Tokens on Avalanche Chain
The results of the halving event, especially the increase in price, will benefit direct Bitcoin holders rather than any other group in the cryptocurrency market. Therefore, Bitcoin Minetrix allows everyone to own Bitcoin by participating in mining activities.
1. HatchyPocket (HATCHY)
HatchyPocket (HATCHY) is making a splash as the world’s first decentralized intellectual property (IP). It features over 400 elemental monsters owned and managed by HATCHY tokens. This unique ecosystem operates only within the Hathyverse, providing users with an exciting experience.
Today, HatchyPocket is priced at $0.003998, a massive increase of 53.76% in the last 24 hours and 95.32% in the last seven days. Unfortunately, we do not have market cap data for the HATCHY token as the circulating supply is not publicly available.
HatchyPocket has performed well, with a 95.30% price increase over the past seven days. This performance is very impressive compared to the global cryptocurrency market, which is down 4.70%. It also outperformed other similar cryptocurrencies in the Avalanche ecosystem, which are up 5.80%.
Announcing the great 1st Mint Out event!
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0.5
$ AVAX
or 5000
$ HATCHY
https://t.co/ftgAlty2Z7
If you've always wanted to complete one of only 1000 G1 sets, add to your collection, or want to try and get a Celestion, now is the time! …
pic.twitter.com/TRIokTLv5u
– Hatchyverse (@Hatchyverse)
March 17, 2024
Meanwhile, you can easily trade HATCHY tokens on decentralized exchanges, with Trader Joe’s being the go-to platform. On Trader Joe’s, the HATCHY/WAVAX trading pair has seen a trading volume of $14,960.16 in the last 24 hours, indicating high activity and engagement within the ecosystem.
As Hatchy continues to expand and introduce new features in the Hathyverse, it provides investors with exciting opportunities for growth and participation. With its innovative decentralized approach to IP ownership and management, HatchyPocket (HATCHY) is taking a significant position in the cryptocurrency space, sparking interest and enthusiasm among users.
2. Ampleforth (AMPL)
Ampleforth (AMPL) is making headlines today with a price of $2.20. It has surged by 34.79% in the past 24 hours and increased by 51.94% in the past seven days. As the circulating supply of AMPL tokens is 140 million, its market cap is $3,072,627,703.
Meanwhile, traders and investors have been actively trading AMPl tokens, with the trading volume reaching $15,522,573.74 in the past 24 hours. The most popular exchange for Ampleforth is Uniswap V2 (Ethereum), where the AMPL/WETH trading pair has a trading volume of $9,826,558.
Ampleforth is an Ethereum-based cryptocurrency with an algorithmically adjusted circulating supply. It aims to become the base currency for a new decentralized economy, providing an asset that is decoupled from the price action of other cryptocurrencies, including Bitcoin.
Ampleforth is unique in its automatic supply adjustment mechanism, called "rebase", which is performed once a day. If the price is above $1.06, a positive rebase will be performed to increase the circulating supply; if the price is below $0.96, a negative rebase will be performed. This process incentivizes the market price of AMPl to converge to about $1.
Can't wait!
https://t.co/QWCfy32Ge0
– Ampleforth #AMPL (@AmpleforthOrg)
March 15, 2024
Ampleforth provides a hedge against inflation and depreciation by maintaining an uncorrelated supply. It is an attractive option for reserve collateral for diversifying cryptocurrency portfolios and decentralized finance (DeFi) applications.
Overall, Ampleforth's innovative approach and unique properties make it a promising asset in the digital economy. It challenges traditional ideas about base currencies and provides stability in the volatile cryptocurrency space.
3. Deliq (DLQ)
Deliq is a breakthrough protocol that aims to decentralize liquidity provision and lay the foundation for liquidity infrastructure. It will revolutionize the Avalanche ecosystem by providing sustainable, capital-efficient and transparent solutions.
In addition, Deliq aims to replace traditional liquidity mining methods such as liquidity mining with an innovative "collateralized liquidity" model. Today, Deliq is valued at $0.000207 and has a trading volume of $0.00 in the past 24 hours. Its market capitalization is $0.00 and its market share is 0.00%.
While DLQ’s price has remained constant over the past 24 hours, it has experienced significant fluctuations over the past period of time. Deliq reached its highest price on April 18, 2022, hitting an all-time high of $0.103308. However, its lowest price was recorded on October 11, 2023, at $0.000205.
Since reaching its all-time high, Deliq’s price has fluctuated between $0.000205 (cycle low) and $0.000230 (cycle high). Market sentiment predicts a bearish trend, with the Fear & Greed Index showing 77 (Extreme Greed).
In terms of market capitalization, Deliq ranks 7th in the Avalanche Network sector, demonstrating its importance in the ecosystem. In addition, Deliq has 30 green days in the past 30 days, indicating its performance and positive investor sentiment.
DLQ tokens are available for trading on decentralized exchanges, with Trader Joe's emerging as the platform of choice. On Trader Joe's, the DLQ/WAVAX trading pair has seen $692.93 in volume over the past 24 hours, highlighting active trading activity. As Deliq continues to innovate and reshape liquidity provision in the Avalanche ecosystem, it remains a key player in the DeFi space, providing new opportunities for investors and driving network growth.
Could be the next hottest cryptocurrency
Bitcoin Minetrix is moving towards the next milestone. With bulls regaining the upper hand, investors are likely to see fresh gains by the end of this week. Typically, in a bull market, investors often look for future profitable projects.
What better opportunity is there than a project that allows investors to mine Bitcoin without incurring high infrastructure costs? Bitcoin Minetrix allows investors to participate in the massive mining program. Through the BTCMTX token, investors can start mining Bitcoin with a negligible investment.
At the time of writing, BTCMTX costs only $0.0141 due to an ongoing discounted presale. The project has attracted a large number of investors who are anticipating its debut. The advantage of owning BTCMTX is that it enables investors to benefit from both mining technology and the price growth of the BTCMTX token.
As a result, many investors quickly took advantage of the opportunity. The project’s presale page shares further information on how to participate and other basic information. It also provides an in-depth look at the token economics and other beneficial offers.
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