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The price of SOL fell by more than 25% due to the bearish trend in the market, with several tokens on the chain losing significant margins. However, what is unique is that Solana Chain boasts impressive assets despite the market downturn. This token is one of the following: Top Trending Cryptocurrencies on Solana Chain today.
Market data shows traders have lost hundreds of millions of dollars due to the recent market downturn. The network, which gained a reputation as one of the most used chains during the bull market, has also experienced the impact. SOL fell to $153 after recording a price increase of more than 700% in the first quarter of this year.
Most Popular Cryptocurrencies on Solana Chain
When it comes to asset performance in the market, there are undervalued assets that are likely to be top performers in the coming weeks and Smog is a viable asset in that class. The ongoing airdrop program is helping the project gain widespread traction. Ultimately, smog is likely to top the list of hot assets in the coming weeks. The post provides additional information about the token.
1. LIGMA node
With its rapid rise and innovative features, the Ligma token is making waves in the Solana blockchain community. Ligma, the Solana RPC node service, provides unmatched speed and reliability to facilitate seamless communication between decentralized applications (dApps), bots, and other services within the Solana ecosystem. This unique service has gained attention for its ability to execute trades quickly, primarily targeting botters looking for an efficient solution.
One of Liigma’s standout features is its commitment to affordability. All nodes are hosted internally and are available to our customers only. This focus on providing cost-effective solutions sets Lima apart in the highly competitive world of RPC node services.
Meanwhile, the price of Ligma has risen a whopping 26.01% in the last 24 hours. This reflects investor enthusiasm following the announcement that Ligma will oversee Solana validators. These validators provide node users with access to upgraded services while also helping stakers earn fees.
The Liigma dashboard is now live!
Migrate your Telegram Bot’s node plan to the official dashboard.
• Purchase a Plan
• Plan Management
• IP authentication for Pro & God plans👉 View dashboard: https://t.co/ZACcPFx1FZ
— LigmaNode (@LigmaNode) April 12, 2024
Additionally, LIGMA tokens are tradable on decentralized exchanges, with Raydium emerging as the preferred platform for Ligma Node trading. This accessibility allows investors and users to easily participate in the Liigma ecosystem.
With recent announcements and price surges, Ligma’s innovative approach to RPC node services positions it as a promising player in the Solana blockchain space. As the project continues to evolve and expand its offerings, it remains one of the popular tokens to watch on Solana.
2. Nova Finance (NOVA)
Nova Finance is revolutionizing the DeFi landscape with its programmable asset framework. Nova provides users with a simplified approach to access decentralized finance without the need for complex financial technologies. Nova allows users to create customized asset portfolios to execute advanced investment strategies such as dollar-cost averaging and take-profit calls, while automatically generating returns through a variety of return strategies.
This innovative synthetic asset allows cryptocurrency experts to program assets to follow complex investment strategies. As a result, even inexperienced users can create portfolios that are easy to follow and invest in.
Additionally, Nova’s user-friendly approach aims to democratize DeFi. This makes services accessible to more people and promotes financial inclusion in the digital asset space.
The timing of purchasing cryptocurrency is tricky. Nova’s on-chain investment algorithms allow you to stick to your plan and be objective about your purchases and sales.
— NOVA (@NovaFinance_) April 10, 2024
In terms of performance, Nova Finance has seen impressive growth over the past year, with its price rising 310%. It has outperformed 86% of the top 100 cryptocurrency assets, including Bitcoin and Ethereum, and is currently trading above its 200-day simple moving average. This bullish sentiment is reflected in the Fear and Greed Index, which stands at 72 (Greed), indicating positive market sentiment.
Additionally, NOVA tokens can be traded on centralized and decentralized cryptocurrency exchanges, providing flexibility and accessibility to users. AscendEX (BitMax) is the most popular exchange for trading Nova Finance. It offers a smooth trading experience with the most actively traded NOVA/USDT.
Meanwhile, with the recent increase in trading volume, Nova Finance shows increasing market activity and investor interest.
3. Attrade Token (ATR)
As a pioneering platform for the art market, Artrade has revolutionized the way traders exchange art by implementing cutting-edge security measures. With a focus on authenticity and traceability, Artrade guarantees that all works of art exchanged on its platform are authentic.
Additionally, Artrade has adopted blockchain technology to bring unprecedented transparency to the art trade. This innovation fosters trust and confidence between buyers and sellers by providing stakeholders with an auditable record of each transaction.
Artrade has also integrated NFT technology to solve liquidity problems in the art market. NFT technology enables direct and secure transactions between art enthusiasts, collectors, and creators, improving overall market liquidity. The platform’s user-friendly app provides a seamless experience for NFT creators and investors. It helps eliminate the high mining fees, commissions, and environmental impacts associated with existing NFT marketplaces.
Artrade’s business model initially involves providing NFC chips for free, with plans to transition into a paid service for creating art pieces. This transition could generate revenue for the platform. Last year, Attrade recorded an incredible growth of 873%. This impressive performance surpasses 95% of the top 100 cryptocurrency assets, including Bitcoin and Ethereum.
Minuit’s works are still available on the marketplace 🎨
Artrade is proud to collaborate with outstanding artists in our market 🫶
You can see the works at a 40% discount compared to the actual gallery.
Check out this amazing trailer! 👇 pic.twitter.com/sr6QTafsF0
— Artrade (@ArtradeApp) April 12, 2024
With its unwavering commitment to security, transparency and liquidity, Artrade sets a new standard for art exchange platforms. Artrade is pushing the art industry towards a future where art trading is redefined by prioritizing trust and decentralization. As the platform continues to innovate and evolve, it is poised to significantly shape the future of the art market.
What will be the next top trending cryptocurrency?
Most meme coins launched in the first quarter barely survived the quarter and then suffered irrecoverable losses. but, smog was named one of the best-performing assets in the first quarter and continues its journey toward top performance.
Currently, the overall performance of cryptocurrencies is subpar and SMOG also plays a role. Nonetheless, there are speculations that inflows of funds are likely to be diverted into meme coins, and investors holding assets in the sector are likely to reap impressive ROI.
The bearish outlook tests Smog’s bullish performance over the month. The token price fell by more than 12% today. While SMOG may have recorded significant loss of value, this is not an isolated incident. Double-digit losses are widespread across cryptocurrency markets. Therefore, declines are mainly beneficial when buying more assets with upside prospects.
Due to continued subway congestion #Solana We postpone transactions because the network causes 70-80% of transactions to fail. $smog Airdrop Season 1 will run until Solana network congestion is reduced to manageable levels.
This approach ensures…
— Smog (@SMOGToken) April 11, 2024
again, smog Continued airdrops suggest that the project can maintain increasing visibility. The airdrop program has completed Season 1 and recently began its second season. Traders and design investors still have the opportunity to participate.
Nonetheless, due to the failed deal, Season 1’s schedule was rescheduled. More information about the airdrop can be found on the project Twitter handle. Investors can find other essential information about smog on the project website.
Visit the Smog website
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