The crypto market’s capitalization has slid by more than 1% from its starting point on Wednesday. It is unclear what may be responsible for the slide, but it shows that the market is not properly stabilized in the bullish zone as assumed. There had been excitement earlier on the assumption the financial events were easing and strengthening the crypto market. As reported in our last post, the crypto market has been a bit tender since Tuesday.
Stock markets are currently gaining in Europe and the US, although inflation reports for July are still expected from China and the US on Thursday. The reports may bolster the crypto market significantly if they come in as expected.
Trending assets on DEXTools reflect how energetic the market is with the frequent flow of tokens. How long any of them would be sustained depends on the public approval it can gather.
1. Golem (GLM)
The Golem project created by Golem Factory was launched on the 28th of April. The network’s mainnet was launched two years after, on the 10th of April, 2018.
Golem is a decentralized computation network and a newly introduced means of redistributing unused computing power to where it is needed. This power will be delivered on demand.
The network also creates a P-2-P network that brings users together equally so they can buy and sell computation power. It helps them to break up complex tasks into smaller units in the network. There are no authorities within the Golem network, and all users are equal.
GNT is the network’s native token, and it is required to purchase computation on the network. It is also the cryptocurrency used to drive the Golem marketplace.
There are two types of users on the Golem network. These are requestors and providers. Requestors set bids for the amount of GNT tokens they are willing to pay to complete a particular task. On the other hand, providers earn GNT tokens when they compute requestor tasks. Both requestors and providers can set their minimum and maximum prices in their dashboards.
There are several tools on the Golem network that help users perform tasks. These tools include Golem SDK, a compilation of tutorials for requestors and providers, and executive environments like VM, Wasm, and SGX stack. Other tools are APIs and Awesome Golem, a list of resources curated by the community.
2. Pepe 2.0 (PEPE2.0)
Pepe 2.0 rose as a technical redo of the recent Pepe success. Picking lessons from past token experiences, such as investor engagements and proper timing, the new project wants to implement amends.
Pepe is using this opportunity to rebrand itself. It is a means of seeking what is close to redemption so it can relive the billion-dollar run it experienced at launch.
The project is backed by a great team that boasts good experience. They also have some decent funds to execute their business with. The project will then begin as a memecoin according to its design but will be a long way from it as time goes on.
Pepe 2.0 is now a lucrative prospect and a capable successor of Pepe. It will properly fit into the portfolio requirement of those who missed the first Pepe rally. Its success is closely connected to the impressive marketing strategy of its development team. It is now one of the assets promising good returns in cryptocurrency.
Traders are making astronomical gains beyond highlighting the coin’s potential. The gains point to the remarkable opportunities inherent in the coin and the market generally.
Hot Pairs on DEXTools
As the crypto market continues to evolve, some investors keep reminding the market about the transformative power of crypto. There are also lucrative opportunities that can be taken advantage of through comprehensive market analysis.
3. X (X)
X is another token inspired by Elon Musk. The Twitter rebranding is inspiring a lot of movement and causing investors to play around with anything remotely close to Musk. X developers are said to understand the importance of a secure wallet. It also has to be user-friendly to manage digital assets.
They have, then, committed themselves to developing a novel wallet app that will take care of the needs of all crypto users. The goal is to develop an easy and user-friendly experience for sending, receiving, and storing different crypto assets.
Furthermore, the team prides the project on its ability to be integrated with artificial intelligence. By harnessing artificial intelligence, the platform aims to deliver accurate market analysis, better investment strategies, and important information to users.
All these will give users the power to make well-informed investment decisions. Likewise, they will always be ahead of the curve in the dynamic crypto ecosystem.
Being committed to transparency, community engagement, and security, the X team says they are trying to build an ecosystem that thrives around the token. They look forward to revolutionizing the way people cryptocurrencies are interacted with.
Its unyielding focus on the user and community sets X apart and fuels its trendsetting status. With policies centered around their users’ needs and desires, X has created an ecosystem that prioritizes the interests of those who participate in it. This user-centric approach has garnered immense support, driving the demand for the X token, as its controlled supply strategy amplifies its value.
This asset has also emerged as a trailblazer in the NFT marketplace arena, embracing decentralization, inclusivity, and community engagement as its core principles. The compatibility with various blockchain networks, unique artist empowerment, and user-centric policies have made X a sought-after platform among crypto enthusiasts seeking a fresh and democratic NFT experience. As the demand for the X token continues to rise, its controlled supply ensures its value appreciation, promising an exciting journey ahead for the entire X community.
What Might Be The Next Top Trending Crypto?
Chimpzee is one of the most promising crypto projects in the market today. With the goal of presale projects to raise money for a powerful take-off, Chimpzee is also giving investors and traders an opportunity to be part of it early. It has raised over $1.1 million and still hoping to raise more.
Chimpzee is a crypto project focused on preserving wildlife and the environment generally. In partnership with platforms like The Giving Block, Wild, and ONETREEPLANTED, Chimpzee aims to encourage users to join the fight against global warming.
Environmentally-focused projects like this always get to the heart of the public because of the novel ideas they want to execute. It will take after a project like Ecoterra which seeks to encourage users to be committed to recycling, reduce greenhouse effects, and earn rewards while at it. Chimpzee’s goal will have it gaining a lot of traction as the days go by.
#Chimpzee is not only on track with the roadmap, we’re ahead of it!🚀🌍
With 1200 trees planted in the Brazilian rainforest, $15,000 donated for elephants and 20,000 trees planted in Guatemala!🐘🌳
— Official Chimpzee Project (@RealChimpzee) August 9, 2023
Now in the 9th stage of the presale, which has nine days to go, investors who have yet to jump on this opportunity should do so. Currently selling at $0.0007, the exchange listing price will be $0.00185.
Wall Street Memes – Next Big Crypto
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