Most Trending Cryptocurrencies on Polygon – Voxies Token, Proxies, Turnup

The Polygon network currently boasts a remarkable uptrend in prices as the trending tokens in the ecosystem generate increasing activities. As of yesterday, the number of active addresses on the chain peaked at over 1.1 million. Thus, the price of POL is up significantly.

However, the surge in price is not localized to the Polygon ecosystem alone; Bitcoin has recorded a price increase of over 8% in the last 24 hours. Apparently, the crypto bull market is in full swing.

Most Trending Cryptocurrencies on Polygon

While the bull trend rages on, it’s best to step back and understudy new projects that afford investors the chance to take sizeable returns on investment. SPONGE made the news recently as one of the cryptocurrencies to watch this quarter after its dramatic debut on the Polygon chain. Below is a summary of its recent performance and its outlook in the bull market.

1. Voxies Token (VOXEL)

Voxies (VOXEL) is an engaging 3D turn-based tactical RPG game. Also, the token draws inspiration from classic titles of the 1990s and 2000s. It incorporates contemporary elements to offer players a unique gaming experience. The game offers two playing modes – Exploration and Battling – featuring RPG mechanics.

Voxies (VOXEL) is currently priced at $ 0.282186, with a 24-hour trading volume of $ 45.84M. Its market cap is $ 33.09M, with a market dominance of 0.00%.

Moreover, in the last 24 hours, VOXEL experienced a 4.31% increase in price, contributing to its overall positive performance. The token reached its all-time high of $ 4.74 on December 16, 2021, and its all-time low of $ 0.123601 on June 15, 2023.

Despite the current bullish sentiment, indicated by a Fear & Greed Index at 79 (Extreme Greed), VOXEL has a circulating supply of 117.26M. It is out of a maximum supply of 300.00M, suggesting potential for further growth.

Voxies price chart

Over the last year, the token has seen a yearly supply inflation rate of 28.59%, creating 26.07M VOXEL. Trading above the 200-day simple moving average and being listed on Binance add to its appeal.

As the native utility currency of Voxie Tactics, VOXEL enables players to acquire in-game items, including weapons and armor. With a unique feature, players can obtain VOXEL tokens within the game and exchange them in the secondary market.

In terms of historical performance, 2023 was a standout year for Voxies, witnessing a 42.04% increase in price. Conversely, 2022 experienced a notable decline of -95.45% from $ 3.61 to $ 0.164268.

The average yearly growth over the last four years is -8.75%. Voxies tend to perform best in Q4, showing an average gain of 20.37%. However, Q2 reflects its weakest performance with a -61.95% loss.

2. Proxies (PRXY)

Proxy, rebranded as BTC Proxy, is an institutional-grade Bitcoin DeFi bridge to the Polygon and Ethereum networks. Furthermore, its primary role is to enable decentralized tokenization of Bitcoin, focusing on serving multinational institutions. The platform recently migrated its contract address from Proxy to BTC Proxy to reflect its focus on Bitcoin integration.

Meanwhile, users can effortlessly trade and manage their assets across different blockchains by utilizing the Proxy Relay. This bridge allows for the seamless transfer of Bitcoin to Ethereum or Polygon, eliminating the need for centralized exchange systems.

Voxies price chart

Despite the promising Features outlined in its whitepaper, BTC Proxy acknowledges challenges within the Ethereum ecosystem. These challenges include a robust, permissionless, and decentralized bridge for Bitcoin transfers.

Proxy (PRXY) is currently valued at $ 0.114751 in terms of price performance. It boasts a 24-hour trading volume of $ 112,541 and a market cap of $ 53,981.

The distribution contributes to the token’s high liquidity, as reflected in its market capitalization. This liquidity provides ample opportunity for trading and exchanging the token within the market.

Analyzing its yearly performance, 2022 emerged as Proxy’s top-performing year, witnessing a 14.30% increase in price. Conversely, 2021 saw a significant decline of -99.51%, highlighting the token’s volatility.

On average, Proxy has experienced a yearly growth rate of -29.43% over the last four years. The token typically exhibits its most robust performance in Q2, demonstrating an average gain of 96.81%. Conversely, its weakest performance is often observed in Q3, showing a loss of -36.71%. These insights provide valuable context for investors considering Proxy as part of their portfolio diversification strategy.

3. Turnup (LFG)

The TurnUp token (LFG) is integral to the TURNUP platform, representing the world’s pioneering Web3 social gaming ecosystem. In this innovative environment, players can immerse themselves in various instant games and join dynamic guilds. Also, they can acquire valuable assets, all within a Web3 social graph framework.

turnup price chart

The token aims to create an inclusive and decentralized gaming community supported by a robust infrastructure and tools suite. The LFG token is the in-game currency, facilitating various utilities such as mission unlocking, club boosts, and NFT purchases.

With impressive price performance, including a recent 41.10% increase, LFG tokens are actively traded on decentralized exchanges like Uniswap V3 (Polygon). It reflects TURNUP’s growing popularity and appeal within the gaming and cryptocurrency communities, showcasing its potential for growth and adoption.

4. Affyn (FYN)

Affyn is at the forefront of developing a blockchain-powered Metaverse project featuring a free-to-play, Play-to-earn mobile game. Affyn seamlessly blends gaming enjoyment with blockchain technology, leveraging geolocation capabilities and augmented reality mechanics.

FYN price chart

The FYN token is the designated blockchain utility token, enabling players to utilize earned tokens in virtual and real-world scenarios. It establishes a cohesive closed-loop economy, enhancing the overall gaming experience and providing tangible benefits to players.

As of the latest update, Affyn’s market performance showcases a current price of $ 0.044301, with a notable 49.47% increase in the last 24 hours. The token’s market cap is $ 11.25M, contributing to a market dominance of 0.00%. Affyn has demonstrated robust performance, with a 36% increase in the last year, outperforming 50% of the top 100 crypto assets during this period.

In addition, it has maintained trading above the 200-day simple moving average, reflecting its stability and positive trend. Affyn has experienced 21 green days in the last 30 days, indicating a bullish sentiment and trading near its cycle high.

What Might Be The Next Top Trending Crypto

Sponge V2 emerged as a new iteration of the $SPONGE meme coin, marking a significant milestone in 2023 as it surged from a $1 million market cap to nearly $100 million. Thus, its remarkable performance underscores the coin’s resilience and potential for further expansion.

At the core of Sponge V2 lies the innovative Stake-to-Bridge model. This feature offers $SPONGE holders a seamless transition to V2 by staking their V1 tokens. This strategic approach not only streamlines the shift but also rewards loyalty, as staked V1 tokens are locked in for four years, promising a minimum APY of 201%.

Today, SPONGE is outperforming most cryptocurrencies in the market, with over 21% gains in the last 24 hours. The dynamic price action presents an opportunity to earn some reward in the bull market. Thankfully, the project also has some upcoming utility Features that would increase the demand for the token. In the end, SPONGE market data reveals that early investors will take a big win on their investment if it keeps up the current price action.

Sponge V2 holds significant upside potential for future growth as it forges ahead. Also, it is poised to solidify its position as a prominent player in the evolving landscape of meme coins and blockchain projects.

Visit SPONGEV2 Website 

Read More

  • Most Trending Cryptocurrency

Comments

Post a Comment

Popular posts from this blog

STX Hits 52-Week High! Ascending Channel Points to Bullish Trajectory

Image
Stacks (STX) soars 8.74% in 24 hours, hitting a 52-week high at $2.06, riding the crypto wave. STX’s rise is attributed to Bitcoin optimism and its role as a layer 2 solution. Technical analysis points to a bullish trend, aiming for $2.6, but watch out for potential corrections at $1.6. Stacks (STX) has continued its upward trajectory, with its price recently reaching a 52-week high of $2.06, marking an 8.74% increase in just 24 hours. This surge is part of a broader trend that has seen the cryptocurrency gain 749% over the past year. Market analysts attribute this impressive performance partly to the growing optimism surrounding the potential approval of a spot Bitcoin ETF, which could further galvanize the cryptocurrency sector. STX/USD 24-hour price chart (source: CoinStats ) During the bull rally, STX’s market capitalization and 24-hour trading volume surged 9.45% and 24.95%, to $2,852,664,529 and $715,025,179, respectively.  Stacks as a...
Read more

XAI tanks by 20% after airdrop and Binance listing

Image
The layer-3 gaming token fell by more than 20% after an airdrop and Binance listing on Jan. 9. According to CoinGecko, the layer-3 gaming token Xai has fallen by more than 22% in 24 hour trading. The current price of the token is $0.5231. X rate fell sharply just a day after reaching an all-time high on Jan. 9, in which the price of the coin was $0.7734. Source: CoinGecko The token price collapse occurred shortly after Xai held its first major gaming token airdrop in 2024. According to the Xai Foundation, it offered 125 million XAI tokens (or 5% of the total token supply) to eligible users, including holders of certain Xai NFTs and those operating gatekeeper nodes or validators that help support the network. Dear Xai Community, As we approach the XAI token claim, it's crucial to stay vigilant against potential scams. Please carefully read and follow these guidelines: Official Contract CLAIM Address: The ONLY legitimate $XAI airdrop claim contract address is… — XA...
Read more

Bitcoin Price Prediction: MicroStrategy Boosts BTC Ownership To 1% Of Supply As This Eco-Friendly Alternative Soars Towards $7 Million

Image
The Bitcoin price gained slightly in the last 24 hours to trade at $63,857.08 as of 9:05 a.m. EST as investors tentatively accumulate the crypto. During BTC’s 12% correction over the past 7 days, MicroStrategy bought another 9,245 bitcoins for $623 million in cash between Mar. 11 and Mar. 18, according to a Mar. 19 statement . Following this latest purchase, the company’s total BTC holdings stand at 214,246 BTC, which is more than 1% of the crypto’s total supply of 21 million coins. The Bitcoin Price Bounces Off Of A Key Support 4-hour chart for BTC/USDT (Source: TradingView ) The Bitcoin price rebounded off of the $61,481.65 support level in the last 12 hours. Should bulls continue to push the market leader’s price higher, it may attempt to reclaim a position above $65,847.29 in the coming 48 hours. A 4-hour candle close higher than this significant price point could then give BTC the foundation needed to keep climbing. In this more bullish scenario, th...
Read more