Top Trending Cryptocurrencies on DEXTools: Dawg Coin, Beam, and Wootrade Network

hDjC...wZeh

20 Jan 2024

Revolutionary projects on DEXTools have reached unprecedented heights in the last several months. These include Beam, Dawg Coin, and Wootrade Network, which have become important figures in reshaping the landscape of decentralised finance and blockchain technology. They are providing investors with a fresh perspective to go deeper into.

Top Cryptocurrency Trends on DEXTools

The combination of these top initiatives signifies a sea change for the cryptocurrency space as it develops and diversifies further. A paradigm shift towards increased accessibility, creativity, and utility within the blockchain ecosystem may be seen in the convergence of cutting-edge technology, metaverse research, and AI with decentralised applications.
For more insights and updates, consider joining our Telegram Channel for reliable crypto signals.

Woo Network (WOO)

In the last five days, Woo Network’s token, or WOO, has increased by about 42%, showing a strong showing of improvement this month. This development suggests that bullish trends may continue even though there may be a short-term corrective retreat.
Technical analysis has indicated that WOO Coin has bright future possibilities and may see additional gains. On the other hand, several on-chain data suggest that stronger selling pressure may be on the horizon in the coming days.
On December 15, WOO hit a high of $0.3925 before retreating to look for support at $0.351. On lower timeframes, this decline established the $0.35–$0.37 zone as a consolidation range.
woo price chart
Price movement is expected to respond bullishly if WOO returns to this consolidated area.
Fibonacci retracement levels analysis confirmed that the $0.3513 level at the 50% level is a strong support zone. Moreover, for longer times, the $0.4267 level is rather significant.
Examining the 12-hour chart’s Relative Strength Index (RSI) revealed a reading of 61, confirming the bullish strength’s durability despite the decline. Furthermore, despite the price correction, the On-Balance-Volume (OBV) showed no discernible fall, indicating little selling volume.
The current situation offers an interesting contrast between on-chain measures suggesting the prospect of additional selling pressure and technical indicators suggesting possible upward movements. Investors and traders are watching the WOO market closely for any potential price movements inside the designated support and resistance levels.
For more insights and updates, consider joining our Telegram Channel for reliable crypto signals.

2. Beam (BEAM)

Today’s gains for the Beam token are also coming from a recent advancement on the Merit Circle network. Merit Circle declared that it was starting a new partnership with Framework Ventures, a venture capital firm located in San Francisco.
Merit Circle claims that as part of the partnership, Framework Ventures has invested in Merit Circle using BEAM tokens, which is a calculated step to increase Merit’s capacity. Following the transaction, Merit’s treasury will receive the BEAM tokens, with a portion designated for sale to specific strategic investors. In order to ensure continued commitment to Merit’s objective, the release highlights a diversified token allocation plan that allows trusted partners to enjoy discounts by agreeing to long-term lock-ups.
Beam price chart
Investors will make USDC contributions to Merit Circle’s treasury after receiving BEAM tokens. This USDC funding infusion is expected to support Merit Circle’s aggressive goals, which include new investment endeavours, internal project launches, and possible acquisitions in the gaming and metaverse industries.
Vance, a general partner at Framework Ventures, was excited about the partnership and specifically emphasised how revolutionary BEAM may be in expanding the use of cryptocurrencies in the game industry. Vance emphasised the critical role that gaming would play in the future crypto landscape, highlighting the function that BEAM will play in connecting the billions of monthly gamers that are currently active with the crypto ecosystem.
Vance expressed Framework’s desire to contribute to a new era of crypto use cases by highlighting BEAM’s strategic goals and foresight in spite of oppositional views. He also envisioned BEAM as a pathfinder in this revolutionary journey.
The collaboration between Framework Ventures and Merit Circle represents a determined attempt to profit from the convergence of gaming, metaverse, and cryptocurrency, establishing BEAM as a leading cryptocurrency and a driving force behind innovation and adoption in these quickly developing fields.
For more insights and updates, consider joining our Telegram Channel for reliable crypto signals.

3. The Dawg Coin (DAWG)

DAWG Coin (DAWG) is now trading at $0.02138078, with $4,877.84 worth of trades over the course of a day. This indicates a significant price fall of 23.10% over the last day and a sharp decline of 40.00% over the last seven days. Regretfully, unreported circulating token supply data means that details about the market capitalization of DAWG are still accessible.
One can trade DAWG tokens on a number of decentralised exchanges; Raydium is one platform where they are particularly popular. With a trading volume of $4,875.00 recorded in a single day, the DAWG/SOL pair is the most active trading pair offered on Raydium.
DAWG’s price performance over the last seven days has dropped by 40.00%, while the global cryptocurrency market as a whole has been trending positively and is currently up by 3.90%. This underperformance draws attention to a departure from the market trend and begs the question of where DAWG fits within the present cryptocurrency scene.
Dawg price chart
The erratic pricing patterns of DAWG point to a moment of considerable volatility and perhaps uncertainty over the token’s standing in the market and investor mood. The dynamics of the cryptocurrency market are constantly changing, and market participants closely monitor DAWG’s price swings as trading takes place on decentralised exchanges such as Raydium. DAWG is still one of the top-trending cryptocurrencies, nevertheless, and traders are optimistic about it.
For more insights and updates, consider joining our Telegram Channel for reliable crypto signals.

What Coin Could Be The Next Biggest Trending One?

Meme Kombat (MK) shows up as a formidable competitor in the memecoin market. It introduces a novel idea that combines cutting-edge betting and staking features with AI-generated meme fights. Due to its distinctive characteristic, the project has won over a lot of supporters, and by the end of the year, it is expected to be the most popular cryptocurrency.
Meme Kombat, which has raised over $4 million during its presale period, is gaining traction quickly and is emulating the success of well-known cryptocurrencies like BONK.
Meme Kombat’s unique betting experience, which lets users place bets on meme bouts created by AI, is at its core. These conflicts take place in real time and are painstakingly handled on-chain, ensuring complete openness and impartiality in the results.
The platform’s integrity is largely dependent on the integration of AI technology, which guarantees randomised outcomes free from manipulation. This important component provides players with a genuine and impartial gaming environment while also enhancing the overall legitimacy of the betting experience.
A total of 120 million MK tokens are capped for supply; during the presale, 50% of this amount, or 60 million MK, are distributed at a rate of $0.246, which will soon increase to $0.257.
To promote an ecosystem of engagement and liquidity provision, the distribution plan allocates 30% of tokens for staking and fight prizes, 10% for community incentives, and 10% for DEX liquidity.
Users have the option to stake their MK tokens for revenue generation outside of the betting domain. At the moment, the project is offering attractive stakes with annual percentage yields (APYs) of up to 228%. It’s important to remember that these yields could change as additional users sign up for the site.
Meme Kombat honours the heritage of well-known meme cryptocurrency characters like Pepe and Doge by incorporating them into its Battle Arena in a seamless manner. The project places a strong emphasis on original meme designs that are enhanced for the platform’s distinct interface while preserving its essential elements.
Meme Kombat’s first season features eleven iconic memes, each with unique qualities that encourage users to interact and get deeper. ETH, USDT, and BNB contributions are accepted on Meme Kombat’s official website for interested investors who wish to take part in the presale.
For more insights and updates, consider joining our Telegram Channel for reliable crypto signals.

13

Next Bull
Cryptocurrency
Crypto
Cryptocurrency News
Bitcoin

13

Follow