Top Trending Avalanche Tokens: LODE, Dogwifhat, SHRAP

Worldcoin’s Launch and Metaplanet’s Bitcoin Success Drive Market Optimism

Following Worldcoin’s ID launch in Poland, the WLD token surged nearly 10% on Wednesday. At the same time, Japanese company Metaplanet, after incorporating Bitcoin into its financial strategy in April 2024, has seen its stock soar by 443.2%, significantly outperforming other major assets.

This sharp rise is primarily attributed to Metaplanet’s bold adoption of the cryptocurrency standard, boosting investor confidence and driving demand. Additionally, Cardano’s ADA token is projected to rally to $0.50, according to a crypto analyst, further fueling market optimism.

Trending Cryptocurrency Tokens on Avalanche Chain Today

Several tokens on the Avalanche chain are trending today, with notable performances from LODE, Dogwifhat, and SHRAPToken. Each token offers unique value propositions, attracting both investors and traders.

• LODE Token (LODE): Supports the LODE Project’s technical and business activities, with token holders entitled to a share of the yield generated within the LODE Token Ecosystem.
• Dogwifhat ($WIF): A meme coin expected to trade between $1.70 and $2.05, showing promising momentum as it consolidates within a falling wedge pattern.
• SHRAPToken (SHRAP): A gaming token with a unique fusion of blockchain and first-person shooter mechanics, experiencing significant market interest.

1. LODE Token (LODE)

LODE Tokens support the technical and business activities of the LODE Project. Holders are entitled to a share of the yield generated within the LODE ecosystem, benefiting from 10% of the premium earned on selling new AGX and AUX Coins. However, LODE Tokens do not confer ownership of the project’s operations.

As of now, LODE Token’s price is $1.818, with a market capitalization of $139.99 million. The token has a 24-hour trading volume of $1.34 thousand, showing a 26.14% increase. The circulating supply is capped at 77 million tokens.

In summary, LODE Tokens present an opportunity for holders to participate in the project’s financial outcomes, reflected in growing interest and trading activity.

2. Dogwifhat ($WIF)

Dogwifhat ($WIF) is a meme coin inspired by a dog wearing a hat, consolidating within a falling wedge pattern on the daily chart, signaling a potential breakout. Bulls are targeting a 175% price increase, supported by rising trading volume.

Currently, $WIF is priced at $0.0000521, with a market cap of $32.76K. The token’s liquidity stands at $7.36K, and it is paired with WAVAX. The token has seen a 72.49% increase in 24-hour trading volume, highlighting growing momentum.

Despite its smaller market size and volatility, Dogwifhat offers opportunities for investors, with 245 holders and over 7,100 recorded transactions.

3. SHRAPToken (SHRAP)

SHRAP is a token centered around a blockchain-based first-person shooter game. The token powers the in-game economy of Shrapnel, where players take on the role of Mercenary Extraction Force (MEF) Operators in a post-apocalyptic world.

As of September 19, 2024, SHRAP’s price is $0.0256, with a market cap of $6.18 million. The token has seen a 33.8% price increase over the last 24 hours, with a 24-hour trading volume of $6.32K. The circulating supply stands at 240.90 million tokens.

Market forecasts suggest SHRAP’s price could rise significantly, with a potential 225.24% increase projected by October 2024. Short-term predictions suggest a 20.51% price increase by September 23, 2024.

What Might Be the Next Top Trending Crypto?

The Mega Dice (DICE) presale has gained significant traction, raising over $1.87 million. With a current price of $0.116056, many anticipate an imminent price increase, positioning Mega Dice as a strong competitor in the crypto gambling sector.

The platform, built on the Solana blockchain, serves over 10,000 active users and handles a monthly betting volume of $50 million. Despite being an established platform, Mega Dice is still in its presale phase, with staking options and an APY of 293.4% for investors. A recent whale contribution of $20,000 has further accelerated its growth.

Investors can also benefit from Mega Dice’s “Refer & Earn” program and a $2.25 million airdrop campaign. With a presale extension until September 29, more investors have the opportunity to join this growing project.