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DWF Labs is preparing to launch its synthetic stablecoin product, which is expected to arrive in late 2024 to early 2025. The upcoming stablecoin will offer investors attractive annual percentage yields (APYs), varying based on the specific asset type.
Meanwhile, Render (RNDR) and Algorand (ALGO) have shown signs of reversing previous bearish trends, indicating a potential bullish shift. RNDR, in particular, has been trending higher after breaking out of a major downtrend line. Its price, now at $6.11, has seen a notable increase, reflecting increased bullish sentiment among traders.
In other developments, SUI, the native token of the Sui blockchain platform, has reached a major milestone by reaching over $900 million in total value locked (TVL). According to the Altcoin Buzz podcast, SUI has surged 60% over the past month, pushing its price above $1.60. As such, tokens from several blockchains are seeing price surges. This article focuses on the the hottest cryptos on Solana Chain today.
Most Popular Cryptos on the Solana Chain Today
Nitno is a blockchain technology company dedicated to improving the Solana ecosystem. Dogs of Elon (DOE), a community project, has shown perseverance despite two rug pull incidents. PopDog is a meme token on the Solana network, built around a community storyline that promotes dogs as better than cats.
Mega Dice is gearing up for a notable market debut with the launch of its $DICE token in five days, following a presale that raised $1.8 million. Harris committed to driving innovation in digital assets at a fundraiser in New York.
1. Nitno (NTN)
Nitno is a blockchain technology company focused on strengthening the Solana ecosystem. It provides various API endpoints, modules, and software kits. These tools streamline development for teams and individual developers. Nitno’s offerings enable the creation of high-performance solutions, making it easier for developers to build efficient software on Solana.
Nitno stands out for its use of comprehensive blockchain code models. This strategy supports the development of Telegram, Discord, and Twitter bots. Nitno simplifies the development of various applications by offering a unified API. This flexibility appeals to both developers and investors.
🔵 Nitno on #Solana
The Nitno token is an ecosystem/utility token designed for use in the #Nitno ecosystem. Created for a specific purpose, Nitno serves as a currency usable on all Nitno-based/supported products and is exclusively available on #Solana blockchain. The… pic.twitter.com/gvulJ15oMN— nitno (@nitnodotorg) September 23, 2024
At press time, Nitno’s live price is $0.000405. Its market cap is $149.49K and its 24-hour trading volume is $672.08K. It is worth noting that its volume has seen a 3,222% increase in the last day. The circulating supply is 364.30M NTN, with a maximum supply of 470.00M.
Nitno has 479 holders and its liquidity is valued at $31.1K, covering 99% of the market capitalization. With a volatility rate of 21.53%, Nitno holds 107.12 SOL and 38.14 M NTN in its pool. This represents 8.11% of the total supply. The platform has recorded 5,601 transactions, with a balanced split between buys and sells.
2. Elon’s Dogs (DOE)
Dogs of Elon (DOE) is a community initiative that has proven resilient after experiencing two rug pull incidents. In response to these challenges, the project has evolved to a decentralized model, placing full control in the hands of its community. Without centralized leadership, DOE focuses on growth and setting clear goals.
The project’s development largely depends on the active participation of its community members, who are encouraged to contribute to its development. Notable achievements include a verified NFT collection on OpenSea and the planned release of a Web3 game, which aim to increase the project’s potential. For regular updates, it is recommended to join the DOE Telegram channel.
Beyond the community’s efforts, DOE has also expanded to the Solana blockchain. The token was initially launched on Pump.fun, where it quickly reached its bonding curve. A subsequent burn of 65% of the total supply followed, and the token is now listed on Raydium. This development reflects the continued evolution of the project and the strong support from its members.
Currently, the price of the Dogs of Elon token is $0.00964, with a market cap of $3.51 million. The 24-hour trading volume is $3.47 million, which reflects an 87.83% increase in daily trading. The current circulating supply is 350 million DOE tokens out of a maximum of 350.24 million.
1/ DOE’s journey started in 2021 on the ETH chain with a massive campaign, involving countless influencers, CoinMarketCap promotions, and more. It had all the makings of a major project and reached 250 Mil MC. But things took a different turn…
— Elon’s Dogs (@dogsofelon) September 19, 2024
Historically, the token peaked at $0.707044 on November 9, 2021, while its lowest price was recorded at $0.00004046 on January 25, 2023. Short-term forecasts suggest that the price will likely remain stable at $0.000176 tomorrow, with a potential growth of up to 39.55% in the coming week. The following week, the price could increase by another 15.91%, between $0.000246 and $0.000285.
3. PopDog (POPDOG)
PopDog is a meme token on the Solana network, designed with a community-driven narrative that positions dogs as superior to cats. The project stands out by aiming to compete with the abundance of cat-themed tokens on the Solana blockchain. Entirely community-driven, PopDog focuses on creating a fun, meme-centric environment.
PopDog’s price is $0.00732 and its market cap is $7.27 million. Its 24-hour trading volume has increased by 190.94% and currently stands at $1.97 million. The token has a circulating supply of 993.70 million, which is its maximum supply.
Liquidity is at $321.1K, while the pooled Solana (SOL) is around $1.08K. There are 22.12M POPDOG pooled, which is around 2.22% of the total supply. PopDog has a growing holder base, which currently stands at $8.95K.
TOP 10 POPDOG @dexscreener 👀
The only project on the front page that has been around for months and not a few days.
9 months to be exact 💪🐶 pic.twitter.com/uHjRWKB4Yh
— $POPDOG (@POPDOGsolcoin) September 24, 2024
PopDog price volatility is notable, currently measured at 6.16. The token has seen 17 green days out of the last 30, with a price volatility of 28.04%. Predictions suggest that the price could increase by 227.79% over the next year, reaching $0.02545 by October 2024. Short-term projections estimate that there will be no change tomorrow, while the price could increase by 39.51% to $0.010832 by the end of this week.
The token is expected to trade between $0.010832 and $0.012553 next week, with a potential upside of 15.89%. The current market sentiment is bullish, with the Fear and Greed Index showing a neutral value of 54, indicating cautious optimism.
What could be the next crypto trend?
Mega Dice Mega Dice is set to make a significant market debut with the upcoming launch of its $DICE token in just five days, following a presale that raised $1.8 million. Positioned in the GambleFi space, Mega Dice has established a strong foothold in the crypto casino market, garnering considerable attention ahead of its IPO debut.
The platform currently has 10,000 active users who collectively wager $50 million. Its wide range of games and sports betting events ensures a wide variety of options for its user base, making it an attractive hub for online gamblers. With the introduction of the $DICE token, users can access additional benefits, such as exclusive rewards, gifts, and in-game bonuses.
Mega Dice plans to introduce futures trading with leverage of up to 1,000x to attract more users. Given the risk tolerance of many online gambling enthusiasts, this feature could resonate favorably with its user base. This could differentiate Mega Dice from other platforms and strengthen its appeal to a wider audience.
6 days before launch $DICE on Raydium! The final countdown has begun.
Are you ready for takeoff? 🚀 #Crypto Presale Launch of #DEXL
– Mega Dice Casino (@megadice) September 24, 2024
As $DICE As the token prepares to go public in five days, there is speculation that the price could rise significantly, with some analysts predicting a potential 100x increase in its value. However, this will depend on market demand once trading begins. At an initial offering price of $0.116056, investors may find this an attractive entry point, but market forces will ultimately shape its trajectory.
Visit the Mega Dice pre-sale
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