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Home»Security»Most Popular Cryptocurrencies on DEXTools – MarsDAO, Orbit Bridge, Neiro
Security

Most Popular Cryptocurrencies on DEXTools – MarsDAO, Orbit Bridge, Neiro

September 23, 2024No Comments
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Following the successful launch of the CATI token on major exchanges last Friday and the distribution of rewards via airdrop, Catizen has introduced two new applications to its ecosystem: Air War and Merge Restaurant. These products enhance user engagement and interactivity within the Catizen platform.

At the same time, analysts have pointed out that the TD sequential indicator on Solana’s daily chart is signaling a key buying opportunity. This suggests that a potential price recovery could happen soon, with experts predicting a rebound in the next one to four daily candlesticks based on SOL’s price movements.

At the same time, tokens of several networks have also seen increases. This article organizes the most trending cryptocurrencies on DEXTools.

Most Popular Cryptocurrencies on DEXTools

MarsDAO is a Web3-centric community focused on education, infrastructure, and decentralized products. Orbit Bridge is a cross-chain communication protocol that facilitates interactions between blockchain networks. The NEIRO token, built on the Solana blockchain, offers fast transactions, low fees, and a highly scalable environment.

Meanwhile, Memebet is positioning itself in the meme coin market by merging online gaming with cryptocurrency. Bitcoin fans remain optimistic about the currency’s price riseregardless of the outcome of the November elections.

1. MarsDAO (MDAO)

MarsDAO is a Web3-focused community built around educational, infrastructure, and decentralized products. It uses deflationary mechanisms through its native token, MDAO. The platform aims to help people navigate the rapidly evolving fintech and blockchain industries. It offers tools and knowledge to facilitate the adoption of digital assets.

MarsDAO’s current price is $4.824, with a market cap of $376.13 million. The token has seen a significant increase in activity, with a 6,067.62% increase in trading volume over the past 24 hours. Its 24-hour trading volume has now reached $308.85K. MDAO’s circulating supply is 78.29 million tokens, while the total supply is capped at 95.96 million. This brings the circulating supply to 81.58%. The community includes 103.51K MDAO holders, indicating growing interest.

MDAO Price Table

MarsDAO has seen notable volatility recently. The volatility index is currently at 1.95. Liquidity metrics include $158.23K, with 32.26K MDAO tokens pooled together. This represents 0.0336% of the total supply. MarsDAO has shown positive movement despite the fluctuations, with 17 “green days” over the past month. This means that the closing price was higher than the opening price on 57% of those days.

Distribution of tokens for inspection #Allocation 🔥

Today we sent you another batch of $INSP tokens.
Check if your tokens are already there!

✅ September 20, 2024

IMPORTANT! This token and all new ones will now be available… pic.twitter.com/yGiF2YgAuZ

— MARS DAO (@0xMarsDAO) September 20, 2024

MarsDAO price is expected to fluctuate in the future. In the coming week, predictions suggest that the cost will range between $0.079613 and $0.109157 by September 30, 2024. If the price reaches the upper target, it could increase by 37.11%. The 2024 predictions estimate that MDAO price will trade between $0.079613 and $0.377097. The token could see a gain of 375.03% if it reaches the upper range.

2. Orbital Bridge (ORBIT)

Orbit Bridge is a cross-chain communication protocol that enables interaction between heterogeneous blockchains. Initially, Orbit Pegging IBC allowed users to integrate and use assets within the Orbit Chain. Now, Orbit Bridge IBC extends this protocol by facilitating communication between blockchains via the Orbit Chain. It works using a multi-signature Byzantine Fault Tolerant (BFT) consensus, which creates a decentralized and trustless mechanism for secure communication.

Users can easily transfer assets or data on any blockchain connected to Orbit Bridge. The consensus process is based on smart contracts and takes place on-chain. This ensures that all authority is decentralized and enhances security. Thanks to multi-signature verification, the platform maintains a high level of trust.

ORBIT Price Table

Recently, Orbit Bridge has seen significant growth in activity. The live price is $0.000347, with a market cap of $471.89K. Trading volume has increased by 8,382.84% in the last 24 hours, reflecting increased market interest. The circulating supply of ORBIT tokens is 1.00 billion, fully distributed. However, liquidity is relatively concentrated, with only 32 holders.

The platform’s high DEXT score is evidence of strong community trust and external audit verifications, which strengthens its credibility. Overall, Orbit Bridge offers decentralized and secure communication between blockchains. Its strengths include trustless multi-signature verification and a decentralized consensus process.

3. Black (NEIRO)

The NEIRO token, built on the Solana blockchain, offers key benefits such as fast transactions, low fees, and a scalable ecosystem. These advantages make it an attractive option to support decentralized applications and improve user experience. The token’s Burnt LP mechanism actively reduces the supply, with the aim of increasing its value in the long term. NEIRO also demonstrates consistent community engagement, as evidenced by its daily trends, highlighting its continued growth.

Additionally, a robust marketing strategy is in place. This strategy could help NEIRO gain more attention and drive widespread adoption in the decentralized space. The zero-tax policy further enhances its appeal by enabling fast and secure transactions for all holders.

NEIRO Price Table

NEIRO has partnered with well-known platforms such as Raydium, Phantom, and Jupiter. It is also listed on key platforms such as CoinMarketCap, CoinGecko, and DEXTools, further increasing its visibility in the market.

Currently, the token is listed at $0.000237 and its market cap is $237.27K. Its circulating supply is 1 billion tokens. In the last 24 hours, its trading volume reached $458.36K, indicating a notable increase in activity. The token is held by 414 unique holders, which is a testament to the constant community involvement.

Tweet from Neiro

The project’s liquidity pool is $38.06K, with 8.04% of the total supply pooled. While market volatility is high at 12.04%, the large number of buys (244,439) compared to sells (1,736) shows strong commercial interest. In conclusion, the NEIRO token is experiencing active growth, supported by features such as the Burnt LP and effective marketing. However, its high volatility can present risks. Investors should evaluate both the opportunities and challenges before committing further.

What could be the next crypto trend?

Memebet is carving out a niche in the meme coin industry by combining online gambling with cryptocurrency. The platform primarily targets crypto traders and gambling enthusiasts, especially those familiar with meme coins. A central feature of Memebet is its “Memebet Casino,” where users can bet on various games using meme coins. What sets it apart is the lack of a KYC (Know Your Customer) requirement, allowing users to start playing by simply linking their crypto wallets via Telegram.

The platform offers thousands of crypto-based games and a global sportsbook that covers major sports leagues, including the EPL and NBA. Memebet’s strategy focuses on the intersection between cryptocurrency gambling and coin trading, with the aim of leveraging Telegram’s large user base, particularly coin traders. This positions it well to tap into the emerging, albeit relatively niche, market of cryptocurrency casinos.

Tweet from MEMEBET

Despite being in its early stages, Memebet has introduced several incentives. These include P2E (Play-to-Earn) airdrops, rewards tailored to “degenerate” traders, and VIP perks for those who invest in its native token, $MEMEBET. Currently valued at $0.0253, the token is expected to increase in value as user participation increases, with a price hike expected soon. To date, the project has raised over $270,000.

Memebet offers a mix of two evolving trends: cryptocurrency gambling and meme coins. Its unique features may appeal to users and investors looking for an innovative online entertainment experience, although it is still a project in development.

Visit the Memebet pre-sale

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