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Top five most trending cryptocurrency projects this January 2023

Nearly every month, a large number of cryptocurrency projects are unveiled, but the success of the project is what matters most.

Recently, numerous new tokens have been listed for trading on exchanges. Five of the most popular cryptocurrency projects this January are listed below:

1. BONK

The first Solana dog currency, called Bonk, was created by and for the people, with the Solana community receiving 50% of the whole quantity through airdrop. The developers of Bonk intended to create a fun memecoin where everyone has an equal shot because they were sick of the nasty “Alameda” tokenomics.

BONK experienced a significant trend, in part because it sprang from a community with many active users, and on the other hand because the community was already anticipating it’s launch.

2. Pi Network

This January, numerous exchanges listed the Pi Network’s native token. With a community of over 40 million users, the project quickly became the most popular cryptocurrency project online in January, as a result of the excitement generated by the news that the coin is listed on exchanges.

3. Core DAO

Core is a Turing-complete blockchain that uses the Ethereum Virtual Machine and the Bitcoin mining hashrate (EVM). The best aspects of Proof of Work (PoW) and Delegated Proof of Stake (DPoS) are combined in Satoshi Plus using a protocol-driven validator election method to guarantee the highest levels of security, scalability, and decentralization.

Despite the fact that the mainnet has not yet been launched, exchanges like Huobi have already expressed interest in following the project and listing its token once the mainnet is launched.

4. GroveCoin

Grove Token was created with the goal of creating wealth for all Grovers by utilizing the advantages of a secure, decentralized digital currency in an eco-friendly manner. Grove Token is a decentralized and secure green token built for the future of the planet Earth. Grove will produce a healthier, wealthier future for everyone by making up for the years of mistreatment of nature.

GroveCoin has already been listed on exchanges including UniSwap, PancakeSwap and CoinMarketCap.

5. GearBox

Gearbox is a composable leverage protocol that improves capital efficiency within DeFi by enabling users access to leverage on essentially any protocol. The listing of the Gearbox token on exchanges including Huobi has made it trend this January, 2023.

Written by Grace Owell

Grace Owell is an expert freelance writer from Texas, United States of America. Her expertise measures solely on personal finance and health articles. She currently writes for newsway.com.ng

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