The Memecoin Season is Back
The memecoin season is back as Pepe, Doge, and other meme cryptos dominate the top gainers’ list today. On the other hand, other cryptocurrencies in the market face severe price dumps, with many top crypto coins losing up to 10% of their value.
Nevertheless, the Polygon chain spots some assets with price actions that deviate marginally from the overall trends in the market. Today’s post covers Klima DAO, Ojamu, and BTU Protocol, some of the top trending cryptos on the Polygon chain. These tokens boast up to 20% and above gains in the last 24 hours.
Most Trending Cryptocurrencies on Polygon
Additionally, Smog is gradually coming into the spotlight, thanks to the ongoing airdrop. It kicked into a price consolidation trend after the widespread pessimism in the crypto market. However, the ongoing memecoin season and the SMOG airdrop have resulted in a recovery trend for the token. This article briefly analyzes its price action and suggests how investors can maximize its uptrend.
1. Klima DAO (KLIMA)
With its ambitious objectives, Klima DAO, a Decentralised Autonomous Organisation, is making waves in the cryptocurrency market. Developed on the principles of change and sustainability, Klima DAO aims to revolutionize carbon markets by addressing critical issues like illiquidity, opacity, and inefficiency. Through initiatives like the KLIMA token, Klima DAO is set to become a significant disruptor in the carbon markets, potentially reshaping the monetary system with carbon backing.
Today, Klima DAO is trading at $2.31, marking a significant 24-hour trading volume of $391,843. This price surge, a notable 15% increase, positions Klima DAO as one of the top-performing tokens in the market. Despite its current success, Klima DAO has experienced fluctuations in its price history. Its highest price of $3,900.46 was recorded on Oct 27, 2021, while its lowest price of $0.593360 was observed on Feb 4, 2024. However, with a bullish sentiment in the market, Klima DAO continues to garner attention and interest in investment.
Traded on five cryptocurrency exchanges, including gate.io and MEXC, Klima DAO saw a substantial trading volume of $391,843 in the last 24 hours. As it continues to gain momentum, Klima DAO’s vision for a sustainable future backed by carbon presents an intriguing opportunity for investors and advocates alike.
2. Ojamu (OJA)
Using cutting-edge technology, Singapore-based MarTech platform Ojamu is revolutionizing digital marketing campaigns across diverse industries. By leveraging real-time data and Blockchain, Ojamu offers data-driven predictions and recommendations to help brands achieve their marketing objectives seamlessly.
With interoperability across major blockchains like Ethereum, Polygon, Polkadot, and Solana, Ojamu ensures flexibility and efficiency in its operations. Currently priced at $0.004920, it has witnessed a 3.99% surge in the last 24 hours and has a market cap of $492,012.
Ojamu peaked at $0.032173 on Dec 29, 2023, and hit a low of $0.003830 on Oct 12, 2023. However, despite these fluctuations, the current price prediction sentiment for Ojamu remains bearish. In addition, OJA tokens are tradable on various centralized and decentralized exchanges, with MEXC emerging as the top choice.
The most active trading pair, OJA/USDT, has seen a trading volume of $2,252.34 in the last 24 hours. Moreover, Ojamu’s trading volume has surged to $7,506.31 recently. This upswing in trading volume signifies growing market activity and investor interest in the platform’s potential. With OJA’s focus on improved digital marketing through decentralized technology, the world might be at the precipice of a revolutionary marketing strategy. The project is still being tested across a few markets. Hence, the growing use case shows that investors can expect further improvement in the price action of the underlying cryptocurrency.
3. BTU Protocol (BTU)
BTU Protocol is shaking up the booking business with its decentralized approach, aiming to cut out intermediaries and ensure fairer commissions. Currently priced at $0.2163, BTU has seen a significant decline of -45.27% in the last 24 hours and -27.50% over the past week.
In the past 24 hours, the trading volume of BTU Protocol (BTU) stood at $0.2379, marking a sharp decline of -99.50% compared to the previous day. This notable decrease indicates a recent slump in market activity. Despite fluctuations, the token had a stellar year in 2020, soaring by 363.04%, but faced challenges in 2022 with a drop of -81.57%. Traded on centralized crypto exchanges like Zebitex, BTU/EUR is the most active pair, with a trading volume of $52.52 in the last 24 hours.
With the BTU protocol’s move to expand global adoption of blockchain technology, the BTU token has the potential to become one of the top-ranking tokens in the future. Generally, assets with real-world utility often outperform the market in the long run. Thus, token holders and the market should monitor the project’s trends as its long-term value appears promising.
What Might Be The Next Top Trending Crypto
The second season of the Smog airdrop recently entered the 5th phase, and the project is on track to become one of the trending crypto memecoin projects. According to the project’s official Twitter handle, the SMOG dragons, as the community is fondly called, have completed over 75 million tasks in the second season of the airdrop offering.
Consequently, the project is gaining exposure across the internet, which positively influences its long-term performance. The project posted improved price action, with its price outpacing its short-term EMA. This means the asset is back in the uptrend, and investors can expect more price action in the coming days.
Moreover, the engagement across Smog’s social media platforms is back at peak levels, another indication that Smog is tapping into the memecoin season for improved market performance. The trading volume of SMOG tokens has increased significantly over the past few days. In addition to growing trading volume, the increasing social media mentions of the token signify improved investors’ interest in the token.
Ultimately, long-term holders and new SMOG dragons should expect the asset to perform impressively over the coming weeks. Further details about the project and the associated activities are available on its official Twitter handle. Similarly, the project website shares insights on how to invest in the SMOG token.
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