Collection: Largest volume in September on Dyor
A new report titled “The State of Global Cryptocurrency Ownership in 2024,” published by a fintech company Triple A, has shown an unprecedented increase in the popularity of cryptocurrencies.
According to the study, 562 million people already own cryptocurrencies in 2024, almost 142 million more than in 2023. Now every thirteenth inhabitant of the planet owns crypto, and experts are talking about a cryptocurrency boom on a global scale.
In general, experts note that interest in digital financial assets is growing worldwide, which suggests that cryptocurrencies are firmly entering everyday life and playing an increasingly prominent role in the global financial system. According to analysts, in the coming years, cryptocurrencies will be used by hundreds of millions of people in every region of the planet.
Dyor token collections is an innovative powerful feature in Dyor App:
Every 48 hours, you are getting notified of a new token collection.
Each collection is based on a narrative or a theme, for example, AI tokens or SportsFi tokens.
You can swipe through the projects, swipe left to skip, right to invest, and up to add to the watchlist.
You are welcome to share your feedback about the collection.
You are able to collect streak for completed collections.
Let’s find out which are the tokens with the highest trading volume in September 2024 on the Dyor App!
Wrapped TAO $WTAO
Wrapped TAO (WTAO) is a tokenized representation of the original TAO token of Bittensor on a different blockchain. It is an ERC-20 token, which means it conforms to the Ethereum blockchain's regulations and specifications.
Key elements:
As an ERC-20 token, WTAO can interact with smart contracts on the Ethereum blockchain, enlarging TAO's reach and potential use cases.
Bittensor is an open-source protocol that supports a decentralized blockchain-based machine-learning network. Machine learning models are co-trained and rewarded in TAO according to the information value they offer to the team.
TAO also provides external access, allowing users to extract information from the network, and customizing its activities according to their needs.
Bittensor's vision is to create a clean artificial intelligence market, a stimulated arena in which consumers and producers of this technology can interact in a secure, open, and transparent space.
The Dyor app is a fantastic choice to trade WTAO effectively.
Start to trade on the Dyor App now!
PEPE
The PEPE token is based on the famous meme with Pepe the Sad Frog, which first appeared in 2005 in Matt Fury's comic Boys Club.
Key elements:
The token went viral after PEPE's official Twitter account declared that their project was "the most memorable meme coin in existence." And this tweet was answered by longtime meme token lover Elon Musk.
In just 2 weeks, the PEPE token unexpectedly broke into the crypto world, allowing its early investors to earn a whopping 10,000% — 20,000%.
Like other meme cryptocurrencies, PEPE does not have fundamental value and is growing in value only due to the interest of community members.
At the moment, PEPE has more than 96,000 holders, and several addresses, except centralized exchanges, store tokens worth more than $10 million.
Technically, PEPE cryptocurrency has the following features:
1. Proof of Stake - the PEPE cryptocurrency is based on the Proof of Stake (PoS) algorithm, which provides a double benefit to the network. First, PoS provides reliable security while maintaining decentralization, the fundamental principle of cryptocurrencies. Secondly, it significantly reduces energy consumption for mining, eliminating the environmental negative associated with cryptocurrencies based on Proof of Work.
2. Own blockchain - PEPE uses its own blockchain based on Ethereum technology, which is a powerful tool for fast and secure transactions. This puts PEPE in line with the leading cryptocurrencies in terms of transaction integrity and security.
3. PEPECASH Token - PEPE's digital asset has a "PEPECASH" token, colloquially called PEPE. The maximum issue limit is 70 million, which programs an element of scarcity that can affect the cost.
4. Fast transactions - due to the average transaction processing time of about 15 seconds, PEPE is one of the fastest cryptocurrencies.
5. Availability - PEPE is actively traded on such well-known cryptocurrency exchanges as Bittrex and Cryptopia. In addition, PEPE can be obtained through specialized cryptocurrency ATMs.
6. Solidity and JavaScript - PEPE uses Solidity and JavaScript - two of the most versatile programming languages - to create and deploy blockchain-oriented applications.
The Dyor app is here to help you to trade PEPE token.
Trade on the Dyor App now!
BNB
In 2017, the Binance crypto exchange released its own cryptocurrency, Binance Coin (BNB). It was a successful marketing move - BNB immediately attracted the attention of traders and soon entered the top 5 cryptocurrencies by market capitalization.
Key elements:
Binance Coin (BNB) is a unique native token of the Binance cryptocurrency exchange, launched in July 2017 by its founder Changpeng Zhao.
Initially, the internal Binance token was released on the Ethereum blockchain according to the ERC20 standard, but later it completely switched to its own Binance Chain network, and then to the Binance Smart Chain.
The initial total number of BNB tokens was 200 million coins. Half of them were sold at the ICO in July 2017 for 1 BB = 0.1 $, and the second half was distributed among the team and investors of the project.
With the release of BNB on its blockchain, the total supply of tokens is gradually reduced due to the regular partial burning of coins.
The original purpose of the new BNB currency was to stimulate trading on the Binance exchange through discounts on trading commissions for payments and purchases, however, over time, the functionality of the coin has significantly expanded. Today, Binance Coin can be used for:
- payment of transactions in Binance Chain and Binance Smart Chain networks;
- settlements in the Binance DEX decentralized exchange;
- payment for goods and services using the Binance Card;
- booking hotels and air tickets on Travala;
- participation in token sales (IEO) on Launchpad;
- trading, staking, and farming in DeFi projects.
The Dyor app is a perfect place to trade BNB token.
Enjoy trade on the Dyor App right now!
NEAR
NEAR Protocol is a decentralized, open-source, high-bandwidth smart contract platform designed to create applications.
Key elements:
NEAR Protocol operates based on a Proof-of-Stake (PoS) consensus mechanism called Nightshade. It combines a high degree of security with performance, so the blockchain is attractive when working with expensive assets, as it opens up wide opportunities while ensuring scalability.
The initial placement of tokens took place in August 2020 on the CoinList site. At that time, 120 million NEAR coins were sold for $0.3. This amounted to 12% of the initial issue.
One of the most important events for the project took place in the spring of 2021 - the Rainbow Bridge cross-chain was launched. This is rightfully a key element of the NEAR ecosystem, as it is responsible for the transfer of crypto assets from the standard to the NEAR Protocol and back. Plus, fortunately, interoperable with Ethereum is provided for him.
The next stage of the project development is the launch of the Aurora second-stage solution, which opens up the possibility of executing Ethereum Virtual Machine (EVM) smart contracts on the NEAR Protocol network.
There are almost 1000 crypto projects stored in the NEAR ecosystem. Among them, there are various applications, wallets, validators, etc., an example: LandToEmpire, BATTLEMON, NEAR Hub, HASH RUSH, OCTOGAMEX, Vorto Gaming, and others.
The Dyor app invites you to trade NEAR Protocol.
Trade on the Dyor App now!
FET
Artificial Superintelligence Alliance (FET) — the cryptocurrency of the Fetch.AI project, which was launched in 2019. The Fetch.AI team is creating a decentralized network for autonomous AI agents.
Key elements:
The project goal is to enable programmers to quickly develop, deploy, and coordinate multitasking systems based on artificial intelligence on an open platform.
The project's achievements can be used in various fields: from DeFi trading to the creation of smart power grids and other systems with a large amount of data.
Tools created by Fetch.AI are used by many large corporations, including Chat GPT chatbot developer Open AI and Meta.
The Dyor app is a great choice to trade FET token.
Trade on Dyor App right now!
Conclusion
In the 14 years since cryptocurrency's inception, the digital market has occupied a significant part of the global economy. Currently, the market offers many different tools with different functionality to effectively track crypto. Everyone can choose the most suitable service depending on the scale of the portfolio, the level of experience, and the purpose of use.
With the help of our selection, you will definitely be able to understand the crypto market and which token is right for you.
Join us in the bright future of crypto with the Dyor app, where investing is simplified, empowering, and, most importantly, accessible to everyone. Join the Dyor family and be the first to enter the future of crypto investing, accessible with just a few clicks. To embark on this revolutionary journey, download the Dyor app today via the App Store and Play Store. Be part of a community that is redefining what it means to invest in crypto, where every user, regardless of their experience level, can navigate the crypto market with confidence and ease.
Start your crypto journey towards simplified crypto investing with us!
Download the Dyor app on the App Store and Play Store right now!
