Top trending cryptocurrency to explore

This makes it important for crypto enthusiasts to stay on top of new projects that come their way. Keeping track of the latest trending cryptocurrencies can provide a clearer idea. Some of these new projects, such as Tamadoge (TAMA), Battle Infinity (IBAT), and Lucky Block (LBLOCK), are already gaining ground. Below is a full list of the top trending cryptos at the time of writing.

The top trending cryptocurrencies

Deciding on which cryptocurrency to invest in can be tricky, especially for novice traders and investors. This is the reason why we’ve decided to prepare this list of the top trending cryptocurrencies at the moment.

• Tamadoge (TAMA)
• Lucky Block (LBLOCK)
• Battle Infinity (IBAT)
• Frax Share (FXS)
• Neblio(NEBL)
• Ethernity (ERN)
• STEPN (GMT)

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1. Tamadoge (TAMA)

Tamadoge has been the surprise package of this year after it raised close to $16 million in less than two months. The concept is simple – Tamadoge is the currency in the Tamaverse, which allows users to create, breed, and care for TAMADOGE pets. They can also use these pets to battle one another. It was launched in July 2022 as a deflationary cryptocurrency.

The main aim of the project is to allow users to take care of their virtual pet, Tamadoge, and make them stronger. If they leave them unattended for too long, they may end up as Tamaghosts. It has implemented the latest NFT and token standards to create a token that can inject life into pets.

According to the project details, Tamadoge will have over 1 billion tokens in circulation with over 400 remaining unminted and reserved for the exchange. Half of the tokens are expected to be sold through a public presale. The tokens can also be used to buy pets in the Tamaverse. They are mintable and tradable NFTs that are minted as babies and grow with their own stats, strengths and weaknesses.

Tamadoge is now being eyed up by whales after its IEO listing on OKX on the 27th of September. While the presale discount prices are no longer available, investors can still take advantage and get in early to capture TAMA tokens for a lower price on the OKX exchange.

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2. Lucky Block(LBLOCK)

Often termed as the “No.1 NFT Competitions Platform”, The Lucky Block project has become quite popular among crypto enthusiasts and made it to our top trending list. Inside the Lucky Block ecosystem, users can invest either in LBLOCK V1 or they can choose LBLOCK V2. 

According to the team behind the project, they have plans to release the Lucky Block Ethereum Bridge on October 3rd. This will not only bolster the popularity of Lucky Block but also enable investors to exchange the two versions of the LBLOCK token easily. 

LBLOCK also offers the Platinum Rollers Club. It is an exclusive collection of 10, 000 NFTs where holders will get automatic entries into exclusive competitions. In other words, all the NFT holders are eligible to receive a weekly prize that can range from game consoles to even a Lamborghini. 

There are several ways to get into the Lucky Block competition. While Platinum Rollers Club NFT owners will gain a free entry as long as they hold it, other users can also buy  $1 tickers for the jackpot draw. 

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3. Battle Infinity (IBAT)

Based on the Metaverse, Battle Infinity offers a number of play-to-earn games. Such was the enthusiasm among investors that its presale sold out within just three weeks of commencing, raising about $5 million dollars. This made Battle Infinity one of the fastest-selling cryptocurrencies at that time. 

By presenting an eclectic mix of Metaverse, NFTs, cryptocurrencies, and mainstream sports, it has become a sought-after project by enthusiasts. Its utility token, IBAT, is built on the Binance Smart Chain. 

Battle Infinity consists of six elements complementing each other – IBAT Battle market, IBAT Premier League, IBAT Battle swap, IBAT Battle Arena, IBAT Battle games, and IBAT Battle stake. At the time of writing, the IBAT token is valued at $ $0.00326 according to coinmarketcap data.

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4. Frax Share (FXS)

Frax Share is a unique cryptocurrency project and algorithmic stablecoin that is partially backed by collateral. By combining an algorithm and collateralization, it has established a collateral ratio which varies with time. The collateral ratio dictates the ratio of collateral backing 1 FRAX to $1. FAX is USDC-backed and the FXS governance token. 

There are certain things investors have to keep in mind when investing in Frax Share. When minting FRAX, FXS benefits from Seigniorage. Seigniorage refers to the difference between producing one unit of FRAX and the cost of minting FXS to back its share of the collateral ratio. 

Users can use the FXS token to participate in governance and staking functions. For instance, they can change the bonus fee which arbitrageurs receive to bring the price of FRAX back in line. Users can earn FXS if they serve as liquidity providers to the FRAX Finance Uniswap pools. 

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5. Neblio(NEBL)

Neblio (NEBL) is a Blockchain – as a Service platform which focuses on enterprise customers. The main focus of the platform is to replace outdated software and offer new innovative database solutions. It also provides an impressive suite of APIs which are designed to make interaction with the blockchain easy. It also offers APIs in Java, Ruby, Go, PHP, Python, JavaScript, C#, and Objective-C programming languages.

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6. Ethernity (ERN)

Ethernity is a blockchain-based platform and NFT project that positions itself as a DeFi crossover project with NFTs. The project was initially funded on the Polkastarter platform, where its crowd sale took place last year. Black Edge Capital, Spark Digital Capital, Morningstar Ventures, Woodstock, and Genesis Block Ventures have made strategic investments in the project. 

The project allows celebrities to advertise bespoke card tokens or artwork to raise money for charities. Thus, artists, brands, and influencers get an easy platform to raise money for charities.

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7. STEPN (GMT)

STEPN is a self-styled Web3 lifestyle app which combines elements from GameFi and Solana. Described as “move-to-earn”, this project combines a fitness app with a play-to-earn game. It focuses on incentivizing millions of users to follow a healthier lifestyle. It incentivizes users financially with future plans to introduce social reward elements, successfully contributing to carbon neutrality. 

The project was founded in August 2021 by Yawn Rong. It raised $5 million from Sequoia Capital, Folius Ventures, Solana Capital, Alameda Research, 6th Man Ventures, DeFi Alliance, and other big crypto venture capital firms. Both Santiago R. Santos and Asia Partner of Republic Zhen Cao are angel investors in the project.

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Conclusion 

While the exponential growth of cryptocurrencies over the last few years has been well documented, their entry into global financial markets is a recent development. No other asset class in the history of finance has seen this much growth or market attention. 

The above cryptocurrencies are just some of the most trending topics in the crypto world right now. Tokens like Tamadoge are focusing on setting new standards for P2E games, while other projects like Batte Infinity and Lucky Block do not lag far behind. 

With careful research and timely investments, cryptocurrency enthusiasts can make a lot of money if they believe in the growth of these coins in the future. 

This article was brought to you by Crypto PR and does not necessarily reflect the views of the Herald