Blockchain

Most Trending Cryptocurrencies on Polygon – XNET Mobile, Gaia Everworld, DFYN Token

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The Consumer Price Index (CPI) is out, and the numbers are not encouraging. However, the effects are not yet visible in the crypto market. Interestingly, popular blockchains like Polygon also lead the charge to a new higher. The Most trending tokens in the Polygon chain continue printing remarkable numbers as it holds its place as the third most used chain, with over 113 million transactions in February.

The top trending tokens on the chain are also seeing remarkable price actions, even as other assets in the market are eyeing new highs. XNET Mobile, Gaia Everworld, and DFYN Token are notable top trending cryptocurrencies on the Polygon chain today, and this post highlights their price action.

Most Trending Cryptocurrencies on Polygon

Meanwhile, there are other top performers in the market that should be on every investor and trader’s radar. We’ve included a quick overview of the price movement of a newly launched crypto token that’s printing impressive numbers. The market performance of the asset has been quite remarkable. Moreover, it’s gradually beating its path toward becoming one of the best performing assets.

1. XNET Mobile (XNET)

XNET Mobile (XNET) is a unique cryptocurrency with a revolutionary wireless network deployment and operation approach. Unlike traditional networks that rely on expensive spectrum licenses and infrastructure, XNET leverages a decentralized model.

Hence, XNET only owns a spectrum or a sizable physical network infrastructure. Instead, a dedicated community of individual XNET enablers, professional network deployment companies, and ISPs handle network asset acquisition, deployment, and operation.

As of today, the price of XNET is $0.07625, with a 24-hour trading volume of $7,971.66. Moreover, in the last 24 hours alone, XNET has experienced an impressive 40.00% price increase. Over the past seven days, it has seen a substantial 23.90% price increase. It’s important to note that data on the market cap of XNET Mobile is currently unavailable due to unreported circulating supply.

Furthermore, XNET Mobile has demonstrated remarkable performance in the cryptocurrency market. It is especially notable compared to the global market and similar cryptocurrencies within the Polygon Ecosystem.

Over the last seven days, XNET has outperformed the global cryptocurrency market, which saw a 15.30% increase. In addition, it has surpassed similar tokens within the Polygon Ecosystem, which experienced no change.

Investors and traders interested in XNET tokens can trade them on decentralized exchanges. Quickswap (v3) is the most popular exchange for buying and trading XNET Mobile. The most active trading pair on Quickswap (v3) is XNET/USDC.E, with a trading volume of $7,953.80 in the last 24 hours.

2. Gaia Everworld (GAIA)

Gaia Everworld is currently priced at $0.012773, with a 24-hour trading volume of $61,225. Despite a market cap of $0.00 and a market dominance of 0.00%, the GAIA price has surged by 8.93% in the last 24 hours.

The token peaked on Nov 23, 2021, hitting an all-time high of $1.344250. Conversely, its lowest price was recorded on Sep 21, 2023, at $0.002510, marking a significant fluctuation in value. The Gaia Everworld price sentiment remains neutral, while the Fear & Greed Index indicates extreme greed with a score of 81. It shows that now is an excellent time to buy GAIA tokens.

GAIA price chart

In the Metaverse sector, Gaia Everworld currently ranks #131. Its price has soared 136% over the past year, outperforming 56% of the top 100 crypto assets. Furthermore, it trades above the 200-day SMA and has seen 17 green days in the last 30, indicating positive momentum.

The top-performing year for Gaia Everworld was 2023, witnessing a remarkable 292.21% price increase. Conversely, 2022 marked a downturn with a -99.38 % drop in price. On average, Gaia Everworld has experienced a yearly growth rate of 43.86%. Q4 typically yields the highest gains, while Q2 sees the lowest losses.

Gaia Everworld is an immersive, multi-region fantasy world where players can build kingdoms, explore lands, and engage in various activities. These activities include collecting, breeding, and battling their Gaia Legionnaires.

3. DFYN Token (DFYN)

Dfyn is actively developing a network of decentralized exchanges (DEXes) spanning various blockchains. The project aims to integrate multiple liquidity sources across chains, including the cross-chain liquidity ecosystem being constructed by the Router Protocol.

Today, the price of Dfyn stands at $0.041086, with a 24-hour trading volume of $544,147. Despite a market cap of $0.00 and a market dominance of 0.00%, Dfyn has surged by 36.40% in the last 24 hours.

DFYN price chart

Dfyn achieved its peak price on May 16, 2021, reaching an all-time high of $8.28. Conversely, its lowest price was recorded on Oct 20, 2023, at $0.010674. Further, the price prediction sentiment for Dfyn is currently bullish. The Fear & Greed Index indicates extreme greed at a score of 81.

Within the Ethereum (ERC20) Tokens sector, Dfyn is currently ranked #2163. Over the past year, its price has increased by 1%, trading above the 200-day simple moving average. Moreover, Dfyn is available to trade on KuCoin.

The top-performing year for Dfyn was 2023, witnessing a price increase of 21.79%. In addition, 2022 saw a significant price drop of -89.77%. The average yearly growth rate for Dfyn over the last four years is -48.30%. Typically, Dfyn performs best in Q1, experiencing an average gain of 12.68%. Conversely, Q3 has the lowest performance, with an average loss of -29.62%.

What Might Be The Next Top Trending Crypto

The excellent performance of Smog has positioned the token as one of the top cryptocurrencies to watch during this period. It has printed over a 138% price increase in the last seven days, despite the declining fund inflow into the memecoin sector. Moreover, data from SMOG charts indicates that the token still has the potential to reach higher volumes this quarter.

However, there’s been a pullback in the price of the asset in the last 24 hours, largely due to funds shifting into major altcoins. Interestingly, the dip presents an opportunity for investors to buy more at a reduced price as the community builds momentum after the token.

One of the factors that would drive the next round of SMOG rallies is already in progress. The project has set its eye on executing one of the biggest Airdrops of the bull market, and its community members are already warming up to the task.

Generally, the progress has been quite remarkable. At the time of writing, participants have completed over 1.8 million quests. Similarly, SMOG has attained over 98.28k holders and a $213.63 million market cap. Compared to many projects that debuted at the same time, SMOG’s numbers are quite impressive, and the prospect of the token is evident.

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