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Cryptocurrencies in the IOT sector have received increasing attention in recent times. Traders and investors are optimistic about the future of decentralized connectivity. With projects like Helium making headway in the Internet of Things, the sector is no longer in the ideation phase. Thus, many crypto investors have identified these crypto coins as the assets on their watch list.
Similarly, the top trending assets on DEXTools are dominated mainly by assets in the IOT sector and a handful of investments in other sectors. This article overviews each asset, including their current and past market data.
Top Trending Crypto Coins
Today’s article include an update on one of the best-performing presale projects, Dogecoin20. The token has seen impressive reception from degen across the market. With meme coins returning to the crypto limelight, it is best to take a position in projects like Dogecoin20 to take advantage of the launch pump. The tokne is still on presale at a discount, and we’ve included the summary of its presale offer below.
1. PolySwarm (NCT)
PolySwarm’s current price is $0.031314. Its 24-hour trading volume is $676,466, and its market cap is $48.43 million. The price has increased 3.36% in the last 24 hours.
The highest price ever recorded for PolySwarm was on Jan 13, 2022, at $0.161564, while its lowest was on Apr 26, 2020, at $0.000596. Since its all-time high, the lowest price reached was $0.006033, and the highest was $0.054759. The current sentiment is bullish, with a Fear & Greed Index at 78 (Extreme Greed).
PolySwarm’s circulating supply is 1.55 billion NCT out of a maximum supply of 1.89 billion NCT. The yearly supply inflation rate is -2.10%, meaning -33.20 million NCTs were created last year. It had 15 green days in the last 30 days, and the yearly inflation rate is negative at -2.10%.
Does $DOGE20 also give you the feeling of power? 💪🚀🐶#Dogecoin20 #DOGE #Altcoin #Crypto #Web3 #Memecoin pic.twitter.com/p9Zd8GwxIy
— Dogecoin20 (@DOGE_COIN20) April 5, 2024
PolySwarm is the first decentralized marketplace where security experts develop anti-malware engines to protect users. Instead of mining like Bitcoin, it relies on a global community of anti-malware experts to combat threats collaboratively.
In 2021, PolySwarm saw a remarkable 1,493.84% increase in price, while 2022 marked a -77.21 % drop. On average, PolySwarm has grown by 240.29% per year over the last seven years. It typically performs best in Q1, with an average gain of 164.87%, and worst in Q2, with a loss of -19.01%.
2. Inu Inu (INUINU)
INUINU (Inu Inu) is a meme token launched on July 7, 2022, with anti-bot protection. It aims to be the “last great meme” by providing essential features like zero tax, 200 years of locked liquidity, and burning 53% of the supply. More than just a meme coin, INUINU is a community and a lifestyle, embodying the cryptocurrency space’s evolution and decentralization.
Currently, Inu Inu is priced at $0.081295, with a 24-hour trading volume of $61,870. It peaked on Mar 12, 2024, at $0.081560, and its lowest on Oct 31, 2022, at $0.093386. The current sentiment is bullish, with a Fear & Greed Index showing 78 (Extreme Greed). Moreover, its price has increased by 82% in the last year, with 16 green days in the previous 30 days, trading above the 200-day simple moving average.
We are number 1 on dextools and over 3000% up follow re tweet and drop your wallet address for 4 ETH give away pic.twitter.com/qh31jic1ov
— Botan ⚡ (@inuinu_token) April 6, 2024
In 2023, Inu Inu witnessed a significant 92.23% increase, while 2022 saw a -22.64 % drop. On average, its yearly growth over the last three years is 34.80%. However, It typically performs best in Q1, with an average gain of 55.61%, and worst in Q3, with a -16.12% loss.
Meanwhile, Inu Inu’s unique selling points include its community-driven approach, zero tax, long-term liquidity lock, and supply-burning strategy. These factors contribute to its appeal as a meme token, with a solid and supportive community backing its growth and development.
3. Element (ELMT)
The ELMT Token is minted on the Element Blockchain as a digital reward for node owners who power the blockchain. It’s an ERC-20 Token bridged over to Ethereum.
They are managed by node owners and governed by a Distributed Governance Framework Charter. The company, Element United, focuses on product development and remains separate from the blockchain’s operations. The project’s goal is to convert mines worldwide into cryptocurrency solutions.
Element’s price is currently $0.000880, with a 24-hour trading volume of $0.00. It peaked at $0.001317 on Nov 15, 2023, and hit its lowest at $0.000282 on Nov 22, 2023. Furthermore, the current sentiment is bearish, with an Extreme Greed index of 78.
Element has had 30 green days in the last 30 days, showing positive performance. Meanwhile, ELMT tokens can be traded on decentralized exchanges, notably Uniswap V3, with a trading volume of $732.00 in the last 24 hours. Element (ELMT) traded $732.00 in the last 24 hours, marking a decline of -48.70% from the previous day, indicating reduced market activity recently.
What Might Be The Next Top Trending Crypto
Degen investors only have 12 days to decide on buying the Dogecoin20 token. The project has demonstrated dramatic performance with its presale offering, which shows the community’s resilience. Dogecoin20 raised over $10 million in a few weeks of presale run. With the launch date fixed on Doge Day, April 20th, the token’s price would benefit immensely from the overall visibility of the meme coin sector on that day.
Even though the DOGE20 presale offering has reached the hard cap, investors can still buy the token at a discounted price. The decision to keep the offer open resulted from increasing demand despite the project having achieved the targeted hard cap. At the time of writing, degen investors can purchase the doge $0.00022. The discount offers ends as soon as the coin goes live on exchange.
Does $DOGE20 also give you the feeling of power? 💪🚀🐶#Dogecoin20 #DOGE #Altcoin #Crypto #Web3 #Memecoin pic.twitter.com/p9Zd8GwxIy
— Dogecoin20 (@DOGE_COIN20) April 5, 2024
With a portion of the tokens allocated for marketing being made available at presale price, investors have a short window to capitalize on the discounted price. Early investors who take advantage of the pre-listing price would benefit the most from the initial pump from its exchange listing. Thankfully, the project’s timing is significant, offering more chances for a sizeable pump. The details of presale participation are included on the Dogecoin20 presale page.
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