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The trends in the cryptocurrency market today are different from what you can get in a weekend. Global cryptocurrency market capitalization increased by about 1%, mainly driven by activity in the most popular cryptocurrencies. Bitcoin is also trading above $69,000 after an aggressive week of counterattacks by bears.
The market’s optimistic mood suggests that last week’s price gains could continue next week. The outlook is further strengthened by increasing inflows into the market. Moreover, institutional buyers such as Blackrock have continued to increase their Bitcoin positions, now viewing this asset as a viable long-term strategy.
DEXTools’ most popular cryptocurrency coins
Aside from the bullish trends in the most popular cryptocurrencies, there are other activities investors should keep an eye on in the new week. One such factor is the emergence of new projects in the market and the performance of upcoming projects becoming increasingly impressive. Today’s post includes a special mention of the Scotty AI pre-sale, which we’ll cover later in the article.
1. Materium (MTRM)
Materium, also known as Mirandus, gives players absolute freedom without providing maps or quests. In this immersive world, players can venture into the wilderness, become a knight, join a lord, or take up residence in one of five castles. Avatars play a central role. Players can enhance their experience by purchasing exemplary avatars with unique abilities.
The price of Materium (MTRM) is $0.172415, up 20.08% in the last 24 hours. Over the past year, the price of Materium has increased by 1%. Additionally, MTRM tokens can be traded on decentralized and centralized cryptocurrency exchanges.
Trading above its 200-day simple moving average, Materium has experienced 18 green days in the last 30 days, indicating positive market sentiment. Moreover, Materium’s best performing year was 2023, with a price increase of 87.84%.
The most commonly used exchange for buying and trading Materium is Uniswap V3 (Ethereum). The most active trading pair on this exchange is MTRM/WETH, with a trading volume of $23,776.78 over the last 24 hours. Other popular options include LBank and MEXC.
One of our concept artists just created this perfect dish for a new area we’re creating.👨‍🍳🔥 #gamedev #game art pic.twitter.com/Hlq1mSzHIY
— Mirandus (@MirandusGame) March 6, 2024
Materium’s worst performing year was 2022, when its price fell by 9.47%. The average annual growth rate over the past three years has been 39.18%, showing consistently positive performance. In general, Materium performed well in the first quarter, with an average gain of 125.59%, and struggled in the third quarter, with a loss of -40.39%.
In summary, Materium demonstrates resilient performance in line with positive market trends, and its unique features contribute to a dynamic Mirandus gaming experience.
2. SPARK
The Sparko Coin pays tribute to the legendary mechanical wonder Sparko, inspired by Westinghouse’s creation in 1940. The token reflects Sparko’s sleek design and electronic eye, symbolizing loyalty and camaraderie within the crypto community.
Despite the tragic elements of the narrative, Sparko Coin embodies community support and resilience in the cryptocurrency world by highlighting a legacy of loyalty and dedication. Sparko Coin also represents the fusion of technology and human emotions, demonstrating loyalty, support, and shared experiences in the cryptocurrency environment.
The current price of SPARKO (SPARKO) is $0.3598, up 223.83% in the last 24 hours and 550.66% over the last 7 days. Sparko is up 11.50% above the global cryptocurrency market and 12.70% above similar Ethereum ecosystem cryptocurrencies.
The most actively traded pair on decentralized exchanges such as Uniswap V2 (Ethereum) is SPARKO/WETH, with a trading volume of $127,682 over the last 24 hours. The recent surge of 992.70% in volume indicates strong market activity.
3. World Coin (WLD)
Worldcoin (WLD) is experiencing significant developments and challenges. Despite setbacks such as Elon Musk’s lawsuit over OpenAI linked to Worldcoin, the market remains positive due to continued confidence from long-term holders and major investors. Additionally, recent data shows wealthy cryptocurrency investors acquiring additional WLD tokens, indicating strong investor confidence.
However, regulatory hurdles in Spain related to data collection practices, particularly biometrics, must be addressed. Despite the legal challenges, Worldcoin emphasizes compliance with regulations such as GDPR and has filed a lawsuit against the Spanish data protection agency. Concerns about the use of data for personalized marketing have also led to investigations in other countries such as France and Germany.
Despite these obstacles, Worldcoin’s price soared 45%, surpassing $10. This indicates investor satisfaction with the recent announcement and confidence in overcoming the legal challenges. Currently valued at $10.59, Worldcoin shows strong trading activity and significant growth over the past week and month.
Privacy is of utmost importance and ZKP plays an important role in protecting it. pic.twitter.com/zp5zoEuCBq
— World Coin (@worldcoin) March 9, 2024
Worldcoin is up 14.33% in the last 24 hours. With a market capitalization of $1.57 billion and a market dominance of 0.06%, Worldcoin is a strong player in the Ethereum (ERC20) tokens sector, ranking 20th. Additionally, the token has experienced 20 green days in the past 30 days, reflecting positive market dynamics.
In summary, Worldcoin is experiencing a pivotal moment amidst challenges and developments. With continued support from the community and promising developments ahead, the future looks bright for this innovative cryptocurrency.
What will be the next top trending cryptocurrency?
AI Scotty is out to secure humanity’s digital future. Almost every sector of the economy is currently at a crossroads. The most important thing is that we are getting closer to the Singularity Age that humanity has longed for, that is, the era in which the interface between humans and machines is unified.
What this means is that cyberspace becomes more integrated into human consciousness. One of the trends signaling the coming of age is the growing interest in artificial intelligence technology.
However, as interest in AI grows, fears about its risks also grow. There are questions about human security and the future. Therefore, our team of experts is thinking ahead of the times and launching blockchain-based projects to avoid potential problems.
Scotty, AI is bringing a new perspective to the way projects are designed and deployed. It mixes utility and meme culture. This allows us to capitalize on the current drive towards AI supremacy and the Degen culture of community-based crypto tokens.
As of this writing, the project’s native cryptocurrency is available for pre-sale for $0.01. The price will rise over the next 9 days, and after the hard cap is raised, the price will likely rise indefinitely. Anyone looking to capitalize on the growing interest in AI trends and meme rallies can do so by holding a single token called SCOTTY.
🔥Dictionary Update!🔥
ScottyTheAi #1 #memecoin (including AI utility) 2024$Scotty Raised $6 million
🎉 This was raised much faster than expected due to high demand from the cryptocurrency community who wanted to join ScottyTheAi.
Well, we’re ending the pre-sale early and heading to our next destination… pic.twitter.com/shJ3UfVPLI
— Scotty The Ai (@ScottyThe_Ai) March 10, 2024
The future of the project largely depends on the vitality of the team and the dedication of the community, but there are signs that AI Scotty has the potential to be a winner once it launches on exchanges. One clear indicator is the speed with which pre-sales milestones are pursued.
In less than 90 days since pre-sales began, hundreds of investors have committed more than $6 million to the project. The numbers indicate that the project is more likely to be a force to be reckoned with. Investors and traders can find additional information about its features, token economics, and offerings on the project’s pre-sale page.
Visit Scotty AI Presale
Learn more
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- Native token currently in pre-sale – BTCMTX
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