This week’s trending coins are Solana (SOL), Voxys (VOXEL), Mallconomy (WOOT), Aevo (AEVO), and Hooked Protocol (HOOK). While the overall cryptocurrency market remains stable without any significant price spikes or declines, Solana (SOL) is leading the way with an incredible price jump of 13.14% over the past 7 days. Voxies (VOXEL) and Hooked Protocol (HOOK) follow with gains of over 3% and 7%, respectively.
Let’s take a closer look at today’s top five crypto gainers.
1. Solana
Solana is one of the most popular cryptocurrencies with a great future. A platform aimed at improving the scalability of distributed applications. It is designed to increase speed to position itself as a superior blockchain to Bitcoin and Ethereum. Additionally, Solana’s consensus mechanism adds fuel to the fire. What makes the Solana ecosystem unique is the combination of Proof of Stake and Proof of History.
Looking at the charts for the past 7 days, Solana has shown exemplary movement in the charts. The price increased from $131 to $153, reflecting a 16% price increase in less than a week. The chart movement shows an ascending triangle pattern, reflecting the profit target. It may be time for sellers to step in and extract profits. Solana has a market capitalization of $69,019,912,555 and a 24-hour trading volume of $2,507,312,906.
2. Voxys
Voxies is a 3D RPG game developed on blockchain. This is a multiplayer game that offers the player ownership of his NFT. Voxies is a free-to-play game with multiple features that will soon explode in the GameFi world. Voxies owned his NFTs and traded them in-game using VOXEL tokens. The Marketplace is used to purchase gear, NFT items, characters, and participate in in-game activities such as crafting and player-versus-player (PvP) matches. In-game goods will also be represented as his NFTs and will be available for trading on the secondary NFT market.
This coin has shown dramatic improvement over the past 7 days. The price increased from $0.23 to $0.27. For the first few days, Voxy showed slow movement, but soon reflected a sharp rise in price. In terms of intraday movements, the coin experienced a sharp decline of 3.12%. The market capitalization is $46,615,314 and the 24-hour volume is $4,968,432.
3.Mallconomy
The introduction of Mallconomy revolutionized the metaverse. This is your one-stop shop for all Metaverse and Web 3.0 solutions. This is where brands, metaverse creators, and other builders can get the most out of Mallconomy. Together, we deliver a dynamic and immersive Gamefi Economy. Mallconomy opens up a world of opportunities for thriving communities. The platform provides a vibrant Metaverse haven for everyone, from store owners managing their businesses to enthusiastic visitors exploring the Mallverse. With cutting-edge features like Launchpad and the Rewards App, Mallconomy’s impact continues to grow, promoting teamwork, innovation, and fair compensation.
4.Aebo
Aevo is one of the most trending coins in the crypto space. After Bitcoin, Aevo gained the most traction. The project behind this coin is great and has created a lot of excitement for traders. Aevo is a decentralized exchange focused on perpetual trading, options, and pre-launch trading.
Aevo operates at Layer 2 based on the Optimism stack. With its help, Aevo can process more than 5,000 transactions per second and handle a trading volume of more than $30 billion.
The coin currently costs $1.73. A week ago, the coin was $1.50, which has increased significantly when compared to today’s price. The market dominance has been restored recently and the coin is expected to rise further. Aevo has a market capitalization of $189,943,223 and a 24-hour trading volume of $77,756,719.
5. Hooked protocols
Hooked Protocol is an innovative concept in edutainment. It aims to grow people and introduce them to the prospects of Web 3.0. A social learning environment that provides experiences to learn and gain. It was created for fast-paced environments (DApps) where decentralized apps and infrastructure are eventually onboarded. Hooked Protocol aims to create an ecosystem of community-owned economies by helping more companies join Web 3. To address these issues and encourage more people to start working with her Web3, Hooked employs an educational strategy.
Hooked addresses these issues and uses an educational approach to encourage more users to start working with Web3. This protocol aims to support widespread adoption of Web3 through gamified learning opportunities and incentive models.
Hooked Protocol was $0.880 on April 17, 2024. As of this writing, the coin is $1. Prices have risen to a promising level. The first few days were slow and sluggish, but it improved dramatically later on. The coin has a market capitalization of $140,891,188 and a 24-hour volume of $17,039,806.