Hottest Cryptocurrencies on AVAlanche Today – Landwolf, GURS, Meat

The market is relatively quiet today as investors look to altcoins for potential opportunities. Despite the surge in cryptocurrencies led by XRP over the past 24 hours, ETH remains stuck in its consolidation trend. BTC, however, quickly recovered from the drop from $54,000 to $57.

On the other hand, Avalanche maintains its status as one of the fastest smart chains, but the price of the AVAX token does not reflect its utility. Nevertheless, the tokens within the network compensate for Avax’s underperformance, and this article provides an analysis of the The most trending cryptocurrencies within the network.

The most trending cryptocurrencies on AVALanche

Additionally, crypto opportunities abound in the cryptocurrency presale category. This article also includes an overview of the Mega Dice presale. It offers investors an insight into the project’s potential and how to participate in the token’s presale.

1. The land wolf (WOLF)

Landwolf is one of the hottest crypto tokens on the Avalanche chain today. The project adopts the popular character, which also goes by the name Landwolf.

There are speculations in the crypto community that Landwolf is the mascot of the Avalanche network. However, there is no evidence to support these claims. Overall, Landwolf is one of the fastest-growing crypto tokens in the memecoin category, competing with assets like BRETT, COQINU, and PEPE, among others.

The cryptocurrency market has seen a substantial price improvement today, and Landwolf’s price has also increased significantly in the last 24 hours. In addition to being one of the top trending cryptocurrencies on Avalanche, WOLF is also among the biggest gainers with a price increase of over 25%.

So tall, so handsome and so competent. #Olympic2024 games are an easy target for a top alpha predator like WOLF. #Basketball too easy, time to move on to another sport$AVAX #EARTHWOLF pic.twitter.com/KV4Z2RyQJY

— LANDWOLF 🔺 (@LANDWOLFONAVAX) August 5, 2024

WOLF’s volume has increased by about 10% and its market cap is over $4 million. According to data from Snowscan, WOLF has over 11,592 holders at the time of writing. Similarly, its circulating supply is estimated at 690 billion tokens.

While the significantly large supply may affect the token’s long-term potential, its growing number of investors gives it the support it needs to grow significantly over time.

At the same time, WOLF is seeing gradual growth as crypto token prices improve.

2. BENQI (QI)

BENQI is one of the most popular utility projects on Avalanche. It provides a non-custodial liquidity market and liquid stacking protocol to DeFi users around the world. The project is built on Avalanche’s high-throughput smart contract network. The platform mainly offers lending, borrowing, and other key DeFi functions.

Today, BENQI is among the hottest cryptocurrencies on the Avalanche chain as it returns from a long downtrend. The token posted over 50% gains today, bringing it back to its price at the beginning of the month.

If QI maintains its current bullish trend, there are chances that it will reclaim the $0.12 level, possibly heading towards the monthly high. At the moment, QI is battling resistance at $0.12, implying that investors should observe the token’s performance before making any key decisions.

Do more with BENQI partner @MonroeProtocol!@JMY0x recently discussed Monroe’s training and his transfer to @avax.🎙️ pic.twitter.com/hDeJb1qBcw

— BENQI🔺 (@BenqiFinance) August 6, 2024

On the other hand, QI’s market data suggests that the project has the potential to attract investor participation. Information from DEXTools shows that QI has a market cap of around $57.68. Similarly, its trading volume has increased by 48% today, giving it a total volume of $2.8 million.

Additionally, data collected from the project’s website shows that users have borrowed over $91 million from the platform, which has a total supply of over $249 million. The platform’s liquidity gives investors a certain level of confidence in the project’s sustainability. Investors looking into the DeFi sector should keep the QI token on their watchlist, especially as it heads towards a price recovery.

3. COQINU (ROOPER)

COQINU has made impressive gains lately. The price of COQ recently surged by nearly 100%, putting the popular meme cryptocurrency on investors’ watchlist.

Today, COQ ranks among the hottest cryptocurrencies on the Avalanche chain after registering gains of over 30%. The token’s price increase is seemingly capitalizing on BTC’s recent surge, which is evident in its chart. The token has broken through its immediate resistance, giving it a more bullish setup. Therefore, the coming days could see COQ push for further upside.

Additionally, data from DEXTools shows that COQ’s market cap has crossed the $94 million mark, positioning it as one of the cryptocurrencies to watch. It has a trading volume of over $50 million at press time, and DEXTool’s liquidity rating also sits above $2 million.

COQ market data further suggests that the token has a chance to push the boundaries to the upside. Apparently, investors interested in the memecoin sector would identify the potential of the token and look to participate in it. Nevertheless, market uncertainties can affect price trends. In this context, it is best to keep COQ on a watchlist until the current price narrative is fully developed.

What Could Be the Next Hot Cryptocurrency

Mega Dice retains the appeal of its investors because the project promises them a chance to have an exceptional casino experience in the blockchain environment. Interestingly, it delivers on its promises.

In general, Mega Dice is an established brand in the crypto casino space with several years of experience in the betting services field. Many reviewers have ranked the platform as one of the fastest growing in the industry.

It has thousands of users from different countries and millions of dollars in monthly revenue. With such skill and experience behind the Mega Dice project, it is easy to see the potential to deliver on its promises to investors.

Moreover, the project has already started delivering on its promises to investors. Recently, the staking plan was introduced, allowing token holders to have a chance to earn yields on their assets. Thanks to this, holders may not have to wait for the DICE token to be fully launched before reaping the benefits of this opportunity.

Another added value that Mega Dice promises to its holders is the opportunity to participate in the $2.5 million airdrop offer. The opportunity to participate is open to all investors. However, early investors will likely win priority sports on the list.

Get ready to compete in our #Paris 2024 Olympics Tournament with up to 30,000 USDT in cash prizes, including a 10,000 USDT first place! 💰

The tournament runs from July 26, 2:00 PM to August 11, 11:59 PM UTC. 📅

How to participate:

1. Click on “Join Tournament”. 📲
2. Place real money… pic.twitter.com/CD4XggBKTG

– Mega Dice Casino (@megadice) July 26, 2024

The project launched its pre-sale program a few weeks ago, and the possibility of purchasing OF THE Discounted offers are still available. Investors who wish to participate have only 10 days to take advantage of the current discount period.

At the end of the grace period, prices are set to increase. Details of the DICE token presale offering and an overview of how investors can participate can be found on the project’s website.

Visit the Mega Dice pre-sale

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