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Recently, in the crypto market, the attention of traders and investors has gradually returned to altcoins, especially as BTC has failed to go beyond the new ATH value. The increasing traction in the Ethereum ecosystem has led to the price action of tokens in the ecosystem. The expectation of the ETH ETF and the upcoming upgrade likely triggers the trend.
Many of these tokens in the Ethereum network make the list of the Most Trending Cryptos on Ethereum Chain Today, and the details of their price actions are covered in the post. Generally, Ethereum ranks high on the list of tokens that have recorded significant funds inflow.
Most Trending Cryptos on Ethereum Chain Today
Meanwhile, increasing activity in the crypto industry has resurrected the debate about its carbon footprint and energy consumption rate. As more countries raise concerns, it’s possible to see more strict measures being meted out against the industry in the future. Hence, the team behind new projects like the eTukTuk works tirelessly to contribute to a greener environment. Their projects also ensure a more positive impact. Highlights of the projects are shared later in the post.
1. Zyncoin ( ZYN)
ZynCoin (ZYN) is more than just a meme coin; it’s a lifestyle, embodying the ethos of comfort and relaxation. As the famous Zynston Churchill once quipped, “History will be kind to me because I intend to ZYN my face off.” This sentiment underscores the community’s dedication to the token’s vision and mission.
According to Tucker Carlzyn, Zyn is not just a token but a lifesaving medical product that enhances male vitality and mental acuity. Described as a divine intervention, Zyn massages the central nervous system and is hailed as a boon, not a sin.
The mission of ZynCoin is clear: to bring the comfort of gum pillows to the world of cryptocurrency. Meanwhile, as an ERC-20 token, ZynCoin aims to bridge the gap between comfort and digital assets, creating the “ZYNdom” on Ethereum and Solana blockchains. This initiative opens the doors for anyone to join the Zynbabwe community.
Furthermore, led by a team from the ZYNmmunity, ZynCoin is a community-built project that prioritizes inclusivity and growth. Through collective efforts, ZynCoin has established a solid foundation for market capitalization and expansion.
The $Zyn community is diamond hand dippers. In more than 1 way https://t.co/w4TCEkW2TD
— ZynCoin (@ZynCoinERC20) March 2, 2024
In terms of performance, ZynCoin has witnessed a -6.74 % price decline in the last 24 hours, with a stagnant price over the past seven days. Despite underperforming the global cryptocurrency market, ZynCoin remains accessible on decentralized exchanges like Uniswap V2 (Ethereum), facilitating active trading pairs such as ZYN/WETH.
While the circulating supply and market cap data are currently unavailable, ZynCoin’s commitment to its community-driven ethos and vision for a comfortable, crypto-integrated lifestyle continues to drive its trajectory in the digital asset space.
2. Ribbon Finance (RBN)
Ribbon Finance is a pioneering protocol in the DeFi space, revolutionizing access to crypto-structured products. Ribbon Finance optimizes portfolio risk-return profiles by combining options, futures, and fixed income, offering users innovative financial solutions.
Furthermore, Ribbon Finance’s flagship products, Series V—Strangle and Series Y—Theta Vault, cater to different investment strategies. It provides opportunities for speculation on volatility and yield generation with short volatility strategies.
Ribbon Finance (RBN) is priced at $1.457258, reflecting a 74.52% increase in the last 24 hours. With a market cap of $782.68M and a circulating supply of 537.09M RBN, Ribbon Finance ranks #16 in the DeFi Coins sector.
The token’s performance highlights its impressive growth. With a 567% increase in price over the past year, it has outperformed 89% of the top 100 crypto assets. In addition, Ribbon Finance has maintained positive momentum. It is trading above the 200-day simple moving average and has experienced 24 green days in the last 30 days.
However, the protocol has demonstrated resilience, bouncing back from downturns and maintaining its position in the market. The average yearly growth rate is -20.33%, with Q4 typically showcasing the best performance and Q2 experiencing the most significant losses.
Ribbon Finance offers ample liquidity, with high trading volumes on ten cryptocurrency exchanges, including gate.io and CoinEx. In the last 24 hours alone, $49.55M worth of Ribbon Finance changed hands, indicating active trading activity. For those interested in purchasing RBN, a comprehensive guide on how to buy Ribbon Finance in 6 steps is available.
3. Magic Internet Cash (MIC)
Magic Internet Cash is currently priced at $0.000132, with a 24-hour trading volume of $1,740.72. Despite its market cap of $0.00 and a market dominance of 0.00%, the MIC price has shown no change in the last 24 hours.
Recently, Magic Internet Cash reached its all-time high of $0.000969 after successfully conquering its lows of $0.00005410. The current sentiment around Magic Internet Cash is bullish, with the Fear & Greed Index showing 82 (Extreme Greed). This means that MIC might return to an uptrend in the coming weeks as more investors commit funds to the project.
MIC tokens are tradable on decentralized exchanges, the most popular being Uniswap V2 (Ethereum). This platform’s MIC/WETH trading pair has witnessed a trading volume of $14,144,666 in the last 24 hours.
Over the last seven days, Magic Internet Cash has seen a remarkable price increase of 2,792.00%. This noteworthy price surge has seen the token outperform the global cryptocurrency market (up 10.00%) and similar Ethereum Ecosystem cryptocurrencies (up 12.70%).
What Might Be The Next Top Trending Crypto
eTukTuk (TUK) deploys existing technology, particularly blockchain and artificial intelligence, to tackle the prevailing challenge of climate change. While the team is still working tirelessly to get the project up and running, investors are trooping to the presale offering of its token to hedge their bet on its future.
📢📢 EXCITING ANNOUNCEMENT 📢📢
We are creating something really fun! 😍✨
Stay tuned for the big reveal! 🚀 pic.twitter.com/M9Icsg71AY
— eTukTuk (@eTukTukio) March 4, 2024
The TUK token is the project’s native cryptocurrency, allowing holders to enjoy all its services. Besides, it also has economic value since it immediately allows holders to earn rewards through staking.
At the time of writing, the TUK presale has raised over $1.7 million, and hundreds of enthusiastic investors are already on the waiting list to ensure the project succeeds. The aim is to raise about $1.8 million at this stage, and the timeline is set for six days. After six days, the stage would end, and the token’s price would likely increase from its current $0.02775.
Investors who delay the decision to come on board might have to pay more for the TUK token since the price increases at every presale stage. The details of the project are available on the eTukTuk presale page.
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