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Top 5 trending cryptocurrencies to watch today
The trending coins this week are Solana (SOL), Voxies (VOXEL), Mallconomy (WOOT), Aevo (AEVO), and Hooked Protocol (HOOK). While the broader cryptocurrency market moves steadily without significant price spikes or drops, Solana (SOL) leads the way with its incredible 13.14% price increase over the past 7 days. Voxies (VOXEL) and Hooked Protocol (HOOK) follow suit with gains of more than 3% and 7%, respectively.
Let’s take a closer look at today’s top 5 cryptocurrency gains.
1. Solana
Solana is one of the most popular cryptocurrencies that offers bright future prospects. It is a platform that aims to improve the scalability of decentralized applications. It is designed to improve speed to establish itself as a better blockchain than Bitcoin and Ethereum. Furthermore, Solana’s consensus mechanism added fuel to the fire. It is a combination of Proof of Stake and Proof of History that makes the Solana ecosystem unique.
If you look at the chart of the last 7 days, Solana has marked an exemplary movement in the chart. The price rose from $131 to $153, reflecting a 16% increase in one week. The movement of the chart shows an ascending triangle pattern reflecting a profit target. This could be the time for sellers to step in and profit. Solana’s market cap is $69,019,912,555 and 24-hour volume is $2,507,312,906.
2.Voxies
Voxies is a 3D role-playing game developed on blockchain. It is a multiplayer game that offers NFT ownership to players. Voxies is a free game with multiple features that will soon explode in the world of GameFi. The Voxies owned the NFTs and traded in the game using the VOXEL token. It is used in the market to purchase gear, NFT items, characters, and to take part in game activities such as crafting and Player vs. Player (PvP) matches. Gaming assets are also represented as NFTs, allowing for trading on secondary NFT markets.
The coin has shown notable improvement over the last 7 days. The price went from $0.23 to $0.27. In the first few days, Voxies showed slow movement, but soon reflected an increase in price. If we talk about intraday movement, the coin is registering a collapse of 3.12%. The market cap is $46,615,314, of which the 24-hour volume is $4,968,432.
3.Malleconomics
The introduction of the Mallconomy led to a revolution in the metaverse. It’s a one-stop shop for all Metaverse and Web 3.0 solutions. This is where brands, metaverse creators, and other builders can get the most out of Mallconomy. Together, they provide a dynamic and engaging Gamefi economy. Mallconomy opens a world of opportunities for a thriving community. The platform offers a lively haven in the metaverse for everyone, from shop owners running their businesses to busy visitors exploring the mall. With cutting-edge features like Launchpad and the Rewards app, Mallconomy’s impact continues to grow and encourages teamwork, innovation and fair rewards.
4.Aevo
Aevo is among the most trending coins in the cryptocurrency industry. After Bitcoin, Aevo gained the most popularity. The coin holds high expectations for traders as the project behind it is spectacular. Aevo is a decentralized exchange that focuses on perpetuals, options and pre-launch trading.
Aevo operates on Level 2 based on the optimism stack. With his help, Aevo can handle more than 5,000 transactions per second and handle a trading volume of more than $30 billion.
The coin is currently at $1.73. A week ago, the coin was worth $1.50, and when compared to today’s price, it has risen dramatically. The market dominance has recently weakened and it is assumed that the currency will rise further. Aevo market cap is $189,943,223, 24-hour volume is $77,756,719.
5.Protocol hooked
Hooked Protocol is a revolutionary concept in edutainment. It aims to stimulate people and introduce Web 3.0 perspectives. It is a social learning environment that provides a learning and earning experience. It was built for a fast-paced environment where apps and decentralized infrastructures (DApps) will eventually be integrated. Hooked Protocol seeks to create a community-owned economy ecosystem by helping more businesses join Web 3. To address these issues and inspire more people to start their Web3 journey, Hooked uses an educational strategy.
Hooked addresses these issues and motivates more users to start their Web3 journey using an educational approach. The protocol intends to help drive widespread adoption of Web3 through gamified learning opportunities and incentive models.
The pegged protocol was at $0.880 on April 17, 2024. At the time of writing, the coin is at $1. The price has risen to a promising level. The first few days were slow and dim but then improved drastically. The coin’s market cap is $140,891,188 with 24-hour volume at $17,039,806.