3 Top Trending Cryptocurrencies on Solana Chain Right Now

The bear has put tremendous pressure on the cryptocurrency market over the past 72 hours, and many cryptocurrencies have lost the majority of their recent gains. There are concerns that the market’s persistent pessimism could lead to a sustained decrease in asset prices in a number of different industries. On the other hand, the Solana chain’s Assets’ price action differs from the market’s general performance.
One of the newly launched tokens on the Binance platform, BOME, saw a price surge of more than 800% over the course of the weekend. The market has been deeply divided on the memecoins’ performance. Additionally, a number of other popular cryptocurrencies published impressive numbers on the Solana Chain during that time. Here are some of the top trending cryptos on the solana chain now.
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1. The SafeMoon (SFM)
A community-driven DeFi Token that was launched equitably to guarantee investor equity is called the SafeMoon Protocol. Four simple functions are triggered by each trade: Burn, LP Acquisition, Reflection, and Ecosystem Growth Fund contribution.
In addition, SafeMoon has a 24-hour trading volume of $148,317 and a value of $0.00004223. Its market capitalization and market share numbers have not been updated. The price of SFM increased by 10.41% in the last day, demonstrating its strength in the market.
Safemoon token
On January 4, 2022, SafeMoon reached its highest price ever, reaching $0.003288. On the other hand, it fell to $0.00001590 on December 16, 2023, the lowest price ever recorded. SafeMoon’s price fell to its cycle low of $0.00001590 after hitting the all-time high, but it eventually peaked at $0.00008480. With the Fear & Greed Index at 79, which indicates high greed among investors, market sentiment points to a pessimistic trend.
SafeMoon is ranked #267 in the Binance Smart Chain category and #459 in the DeFi Coins market cap rankings. 2021 was the token’s strongest year ever, with a price increase of an astounding 38.16%.
But 2022 turned out to be the worst, with a price decline of an astounding -90.51%. Over the previous four years, SafeMoon has grown annually on average by 43.85%. SafeMoon typically exhibits its best performance in Q1, with an average increase of 0.00%. However, with a loss of -38.60%, it had its poorest result in that same quarter.
Moreover, SFM tokens can be exchanged on a number of centralised cryptocurrency exchanges, the most well-liked of which being Gate.io. With $117,463 in trading activity over the last day, the SFM/USDT trading pair on Gate.io has a strong volume. Furthermore, traders also favour BitMart and MEXC as options.
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2. Book of Memes (BOME)
At $0.0199, BOOK OF MEME (BOME) has seen a notable price increase of 49.35% over the past day. The price of the token has been continuously rising throughout the last week. With 55 billion BOME tokens in circulation, its market valuation is a staggering $1,096,897,564.
Additionally, the Solana Chain is used by this meme coin. By combining memes, decentralised storage options, degen shitcoin trade, and gambling, it seeks to completely transform web3 culture. The initiative aims to preserve the dynamic meme culture on the blockchain by creating a digital compilation.
Bome token
BOME tokens can be exchanged on multiple centralised cryptocurrency exchanges, however Gate.io seems to be the most popular one. With $833,505,628 in trading activity over the last day, the BOME/USDT trading pair on Gate.io has a significant volume. Furthermore, KuCoin and BingX are also well-liked options for BOME token trading.
Moreover, the notable upsurge in BOME’s trading volume is indicative of the recent boost in market activity. It reached $3,723,591,747 over the course of the last day, indicating a noteworthy increase of 188.00%. This increase indicates potential bullish momentum in the near future and represents the token’s increased interest and engagement.
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3. STBOT, or SolTradingBot
The innovative platform SolTradingBot has the potential to completely transform the decentralised market. With its cutting-edge features and solutions, digital asset trading is redefined.
An important development in Solana’s automated trading capabilities is SolTradingBot. It does this by integrating decentralised exchanges seamlessly, analysing market data at the cutting edge, and introducing the much awaited Sniper Monitor feature. Furthermore, the token drives transformation in the decentralised financial domain, enabling users to adeptly and confidently handle the intricacies of DeFi.
Sol trading bot
With $507,158 in trading volume over the course of a day, the current live SolTradingBot price is $0.003493. It shows a noteworthy 26.12% growth in the last day, indicating rising platform interest and engagement.
There is no denying SolTradingBot’s influence on the DeFi ecosystem, even with its current CoinMarketCap rating of #2964. Both dealers and amateurs are taking notice of its cutting-edge features and solutions.
The maximum and circulating supply of STBOT coins are not available, but the platform’s dedication to openness and user empowerment is unshakable. SolTradingBot is also positioned to influence how trading develops in the future. By providing consumers with unmatched access to cutting-edge trading tools and capabilities, it seeks to do this.
The platform is committed to creating a vibrant DeFi ecosystem that enables users to reach their financial objectives even as it develops and broadens its products.
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