TRADING NEWS

Cryptocurrency Tokens Trending on Avalanche Chain Today – Xana, Shrapnel, VAPE

By 7 Mins Read

Join us telegram Stay up to date with the latest news coverage by subscribing to our channels.

Surprisingly, the first 24 hours after the ETH ETF was launched coincided with Mt. Gox’s decision to transfer another round of bitcoin to its lenders. The bearish news overshadowed the monumental launch of the ETF, creating mixed sentiment in the crypto market.

While investors wait for the ETF news to have an impact on the market, attention is focused on the most popular cryptocurrencies on the Avalanche chain. In today’s article, we look at the price action of Xana, Shrapnel, and VAPE, highlighting the tokens’ price action over the last 24 hours.

Trending Cryptocurrency Tokens on Avalanche Chain

Another crypto token that is also gaining attention is 99Bitcoins. The project gained attention through the presale of its 99BTC tokens. Details of the project’s presale are included below.

1. Home (line)

XANA, an EVM-based blockchain infrastructure and DApps platform designed for the metaverse, has seen notable activity on its token, XETA. Today, the price of XETA is $0.008235, with a 24-hour volume of $5,609,401.64.

In the last 24 hours, the price of XETA has increased by 4.30%. However, in the last week, it has decreased by -2.56%. The current market cap of XANA is $20,063,308 and is backed by a supply of 2.4 billion XETA tokens.

XETA has underperformed the broader cryptocurrency market over the past 7 days, down -2.60%. This is in stark contrast to the global cryptocurrency market, which has risen by 4.50%. XETA has also lagged behind similar Ethereum Ecosystem cryptocurrencies, which have risen by 12.70%.

The XETA token is traded on several centralized exchanges. The most active trading occurs on MEXC, where the XETA/USDT pair recorded a volume of $194,101 in the last 24 hours. Other popular exchanges for XETA trading include KuCoin and Bitget.

XETA’s trading volume increased by 16.30% compared to the previous day, indicating increased market activity recently. This increase in trading volume could indicate increasing interest and engagement in the token.

In summary, XANA’s XETA token has seen positive moves recently, but has underperformed the broader market and similar assets. The increased trading volume suggests potential future interest, making it a token to watch over the coming days.

2. Fragments

Shrapnel, a groundbreaking game that combines blockchain technology with a first-person extraction shooter experience, is making waves in the gaming world. In the year 2038, players find themselves in a post-apocalyptic scenario after an asteroid impact on the moon.

As a member of the Mercenary Extraction Force (MEF), players will fight through intense military battles while collecting valuable materials from meteorites. The game emphasizes strategy, skill, and patience, and features a progression system that rewards long-term engagement.

Behind Shrapnel is a team of seasoned professionals from the gaming and blockchain industries, whose combined expertise has resulted in Shrapnel being a compelling and award-winning game that has won six industry awards.

SHRAP Price Chart

Meanwhile, the Shrapnel (SHRAP) token is priced at $0.1063. In the last 24 hours, the token’s value has increased by 5.07%, with a trading volume of $1,808,031.43. However, it has decreased by -6.77% in the past week. The circulating supply is 570 million SHRAP, and the market cap is $60,141,578.

Despite its innovative approach and strong development team, Shrapnel is underperforming the broader cryptocurrency market, up 4.30%, and the Ethereum Ecosystem cryptocurrency, up 12.70%. Shrapnel’s trading volume is also down -22.30% over the last 24 hours, indicating a decrease in market activity.

Shrapnel’s unique combination of gaming and blockchain technology positions it well for future growth, but recent market performance suggests some challenges. The token’s underperformance relative to the broader cryptocurrency market and Ethereum-based cryptocurrencies could be a concern for investors.

Despite these obstacles, Shrapnel’s potential remains significant, driven by innovative gameplay and a skilled development team. Investors should monitor future developments and market trends to assess its long-term viability.

3. VAPE

VAPE is the governance and utility token of VaporDEX, a decentralized exchange on the Avalanche Network. Holding VAPE allows users to participate in governance decisions related to VaporDEX and the VAPE token itself, and provides access to a variety of value experiences within the VaporDEX ecosystem. The token economics are designed to adapt and grow with the ecosystem, making VAPE an integral part of this evolving platform.

The current VAPE price is $0.4067 and the 24-hour volume is $1,979.15. In the last 24 hours, the token’s value has increased by 1.54%. However, last week, VAPE has decreased by 1.52%. This recent performance lags behind the global cryptocurrency market, which has increased by 4.40% in the same period, and other cryptocurrencies in the Avalanche Ecosystem, which have increased by 5.80%.

VAPE Price Chart

Additionally, VAPE tokens can be traded on various decentralized exchanges, with VaporDEX being the most popular platform for such trading. The most active trading pair on VaporDEX is VAPE/USDC, with a volume of $92.05 in the last 24 hours.

Although VAPE’s recent price performance has been somewhat bearish, its essential role within the VaporDEX ecosystem positions it well for future growth. The token’s ability to facilitate governance participation and access unique value experiences makes it a valuable asset for users within the ecosystem.

Despite its recent underperformance relative to the broader cryptocurrency market and other Avalanche Ecosystem tokens, VAPE’s potential for adaptation and growth remains strong. Investors and users should monitor the evolution of the VaporDEX ecosystem to understand VAPE’s long-term prospects.

What will be the next top trending cryptocurrency?

Although Avalanche publishes some of the most popular cryptocurrencies on the market today, investors looking to make money in the market need to look for projects that could become trending assets in the future.

99bitcoin This is an upcoming project that investors should keep an eye on, especially beyond the bull market. Once the bull market is over, utility and sustainable value will become the core values ​​of cryptocurrency investment.

The project aims to provide cryptocurrency knowledge to users around the world and gain financial benefits from it. Through the 99BTC token, the cryptocurrency community can raise awareness of the industry and earn ROI by holding the token.

99Bitcoins also provides consistent signals to investors and traders to help them achieve trading success. Signals allow traders to gain an edge in the market. The platform also provides consistent news updates, especially information on the evolving trends in the cryptocurrency market.

As of this writing, investors can purchase: 99bitcoin The token is priced at $0.0015. The pre-sale discount is available for a limited time and the price will increase as the project approaches milestones.

Therefore, by purchasing tokens early, investors have a greater chance of participating at a fair price and earning a significant ROI. The project website provides a step-by-step guide on how to participate in the presale, and investors can also find information about the project and its progress on the 99Bitcoins social media platforms.

Visit 99bitcoins presale

Read more

PlayDoge (PLAY) – The latest ICO on the BNB chain

Play-dodgePlay-dodge
  • 2D Virtual Dodge Pet
  • Play to earn Meme Coin Fusion
  • Staking and In-Game Token Rewards
  • SolidProof Thanks – playdoge.io

Play-dodgePlay-dodge


Join us telegram Stay up to date with the latest news coverage by subscribing to our channels.

Share.

Related Posts

Add A Comment

Comments are closed.