Join our Telegram channel to stay up to date with the news
Several blockchain networks saw notable growth in August, with some posting high revenue figures. Ethereum ranked second in terms of monthly revenue, bringing in $34.8 million. While this represents about half of Tron’s revenue, Ethereum continues to play a key role in decentralized applications and transactions, supporting its market presence.
Given Ethereum’s performance, other tokens in the ecosystem have seen their prices increase. This article organizes The most trending cryptocurrencies on Ethereum.
The hottest cryptocurrencies on Ethereum
Vader is a liquidity platform that combines an algorithmically collateralized stablecoin, USDV, with liquidity pools backed by synthetic assets. Telos (TLOS) provides various Web 3.0 scaling solutions, using zero-knowledge (zk) technology to power real-world applications.
HILO simplifies cryptocurrency forecasting with a simple bull/bear mechanism to predict token prices. The Mega Dice (DICE) presale is gaining momentum and attracting significant interest from investors. So far, DICE, the native token of Mega Dice Casino, has secured over $1.8 million in funding. In the meantime, Bitcoin nears $60,000 as consumer sentiment hits four-month high.
1. Vader
Vader is a liquidity platform that merges an algorithmically collateralized stablecoin, USDV, with liquidity pools backed by synthetic assets. The stablecoin, USDV, is issued when VADER tokens are burned and acts as the settlement asset within its liquidity pools.
Additionally, the protocol’s liquidity incentives actively mitigate impermanent loss, making these pools more attractive to capital providers. Additionally, Vader allows for the acquisition of protocol-held liquidity through bond sales. Synthetic assets, created from shares of the liquidity pool, allow for one-sided staking, removing the risk of impermanent loss.
Vader is trading at $0.00002291 after an intraday surge of 214.05%. The price has increased by 23% over the past year, reflecting its positive trend. Additionally, the protocol has high liquidity relative to its market cap. The price prediction sentiment remains bullish, with 26 technical indicators showing positive signals, while only 4 show bearish trends.
Vader had its strongest performance in 2021, with a price increase of 772.86%. In contrast, 2022 was its worst year, with a sharp decline of 99.96%. Despite this volatility, the average annual growth over the last four years is 215.77%. The protocol performed well in Q4, with an average gain of 260.24%. However, it struggled in Q2, with an average loss of 67.67%.
Its all-time high of $0.132069 occurred on January 5, 2022. The lowest price, $0.00006174, was recorded in August 2024. Vader has both growth potential and risk, with strong price fluctuations.
2. TLOS pTokens (TLOS)
Telos (TLOS) offers a range of Web 3.0 scaling solutions, using zero-knowledge (zk) technology to power real-world applications. One of its key features is SNARKtor, a decentralized protocol for recursive proof aggregation. It consolidates multiple transaction proofs into a single one, improving the scalability, efficiency, and privacy of the blockchain. This improves cost-effectiveness and security, making the system more accessible for mainstream use.
Telos zkEVM, a Layer 2 solution, leverages this technology to enable scalable SNARK verification. It protects user data while ensuring regulatory compliance and provides zero-trust interoperability between systems.
The Telos Zero layer forms the foundation of the network, with a focus on governance and security. It supports block production and provides decentralized protection to millions of users across different blockchain platforms.
— The Telos Foundation (@HelloTelos) September 7, 2024
TLOS is trading at $0.204, indicating a 34.05% increase in the recent intraday session. Furthermore, it has shown significant price growth, increasing by 223% over the past year. As a result, TLOS has outperformed major crypto assets, including Bitcoin and Ethereum. Market sentiment is bullish, with multiple technical indicators signaling positive trends.
Telos continues to trade well above its 200-day simple moving average. Overall, Telos offers a scalable, efficient, and secure platform for Web 3.0 applications. Its use of cutting-edge ZK technology, strong developer community, and positive market performance make it a key player in the blockchain space.
3. HILO (HILO)
HILO offers a simple approach to cryptocurrency forecasting by using a simple bullish/bearish mechanism for token price prediction. One of its key features is the elimination of liquidation risk, allowing users to more effectively hedge against market volatility. Additionally, HILO provides two-way access to tokens that are not listed in perpetual futures contracts, providing more flexibility for traders.
Additionally, HILO has expanded its offering with a feature called “Real-Life Predictions.” Blockchain technology allows users to predict real-world events such as social, political, and sporting events. By introducing this feature, the platform enhances the utility of the $HILO token, increases demand, and boosts user engagement. As a result, this broader scope of predictions is likely to generate greater liquidity and foster greater community engagement.
In addition to its prediction features, HILO offers revenue sharing through the UNCX platform, providing a reliable staking mechanism. While other platforms rely on the creation of new tokens, HILO’s system bases its annual percentage rate (APR) on actual revenue generation.
The migration of $HILO The transition from V1 to V2 tokens is now officially complete. V1 tokens will be gradually balanced and liquidated to support V2 liquidity, which will continue to grow steadily.
If you have not migrated your purchased tokens before the migration went live on August 28, please… pic.twitter.com/4ws45wWE9A
— HILO (@HILOtoken) September 14, 2024
As for price trends, HILO is currently valued at $0.038498, having seen a 51.41% increase in the last 24 hours. Additionally, the token has seen 16 green days in the last 30 days, indicating some degree of stability. Predictions for the near future suggest that HILO will see modest growth, with the price expected to reach $0.038481 tomorrow.
The token could further increase in the coming week, with a potential increase of up to 36.90%, reaching $0.052679. In the longer term, projections for 2024 suggest that HILO could trade between $0.038481 and $0.181439, which could mean an increase of 371.30% if it reaches the upper target.
What could be the next crypto trend?
THE Mega Dice The (DICE) presale is gaining momentum, showing considerable potential as investor interest increases. DICE, the native token of Mega Dice Casino, has raised over $1.8 million so far. A recent $20,000 contribution from a whale investor contributed to this growth. As the presale nears its end, the project is approaching the $2 million mark. With a current price of $0.116056, an increase is expected soon. Additionally, many expect the project to mirror the success of GambleFi tokens like Rollbit.
Part of the hype comes from Mega Dice’s established position in the cryptocurrency gambling space. The platform runs on the Solana blockchain and has 10,000 active users. It also boasts a monthly betting volume of $50 million, putting it ahead of several competitors. It’s unusual for an established platform to hold a presale, which makes this event stand out.
The platform offers staking opportunities with over 7 million tokens staked. This comes with an annual percentage yield (APY) of 298.6%, and 28% of the token supply is locked.
BREAK: $DICE Presale extended by one more week! 🚨
You heard right: the $DICE presale has been extended until September 29th at 8pm CET!
This is your last chance to participate in the first #GameFi token on Solana before trading is launched! 🚀Buy now: 🚀
🗓️… pic.twitter.com/jIpIskAMpM
– Mega Dice Casino (@megadice) September 13, 2024
Mega Dice has implemented several strategies to engage users. It offers a “Refer & Earn” program, allowing users to earn a percentage of spending through referrals. The project also launched a three-phase $2.25 million airdrop campaign. $DICE holders enjoy staking rewards tied to casino revenue.
Additionally, the platform offers exclusive NFTs to VIP players. A 25% referral fee further encourages user engagement. Mega Dice is easily accessible via Telegram, where users can connect their TON wallet via a bot. In the meantime, the pre-sale has been extended by one week until September 29, allowing more investors to get into the project.
Visit the Mega Dice pre-sale
Learn more
Most Wanted Cryptocurrency Launch – Pepe Unchained
- Level 2 Meme Coin Ecosystem
- Featured in Cointelegraph
- SolidProof and Coinsult audited
- Staking Rewards – pepeunchained.com
- Over $10 Million Raised in ICO – Ending Soon
Join our Telegram channel to stay up to date with the news
