The post DEX Boom: Meme Coins Fuel $179B Surge, 99Bitcoins & The Meme Games Next Up appeared on BitcoinEthereumNews.com.

DEXs Boosted to $179M by Ethereum and Solana Meme Coins: The Next DEX Listings to Watch is 99Bitcoins and The Meme Games DEX trading volume surges on meme coin hype, with 99Bitcoins and The Meme Games as next potential hits. Decentralised exchanges (DEXs) are gaining ground on their centralised counterparts. A significant factor driving this shift is the rising popularity of meme coins, particularly those based on Ethereum and Solana blockchains. As trading volume on DEXs surged to $179.5 billion by July 2024, investors are eagerly watching the next big opportunities in the meme coin space, including the highly anticipated projects 99Bitcoins Token (99BTC) and The Meme Games (MGMES). Rise of DEXs and the Role of Meme Coins The growth of decentralised exchanges has been remarkable in 2024. Trading volumes have increased by approximately 34% from $133.5 billion in January to $179.5 billion in July. This rise is largely attributed to improved blockchain performance and the increasing popularity of meme coins. Ethereum’s layer 2 solutions and Solana’s high processing capacity have made transactions faster and cheaper, enhancing the user experience on DEXs. The appeal of DEXs lies in their autonomy and security, allowing users to trade without intermediaries. Although CEXs offer better liquidity and ease of use, DEXs are becoming increasingly popular due to their privacy, innovation and unique opportunities for investors. As blockchain technologies advance, the adoption of decentralised solutions is likely to continue growing. 99Bitcoins Token: Earn Crypto via Crypto Education Amidst the rising interest in DEXs, the 99Bitcoins Token (99BTC) project is generating significant buzz. This innovative project, which has surpassed $2.5 million in its presale, introduces a Learn-to-Earn (L2E) model that rewards users for learning about cryptocurrencies. The final week of the $99BTC presale offers investors a chance to purchase the token at $0.00116 before it…

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Filed under: News - @ August 4, 2024 4:04 am