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Top Social Money Tokens to Watch in September 2022

Top Social Money Tokens to Watch in September 2022

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“Social money” refers to financial services technology that develops new products that focus on helping consumers and customers invest and save by encouraging the creation of an open financial protocol.

Social Money Tokens has a total market capitalization of $118,173,224 and a total trading volume of approximately $5,292,331.

Note: Tokens are sorted by their market value from lowest to highest.

Zoracles (Dawn)

  • Distinctive features: Holders can access Zora lines of credit with valid points and provide liquidity to Uniswap V3 in addition to management functions.

Zoracles technology gives DeFi users the knowledge, resources and funding they need to compete in the world’s decentralized financial markets.

The NFT Swap marketplace on the Zoracles platform allows users to trade liquidity positions generated by Uniswap V3. Buyers receive payments from these funds.

Zoracles has developed and implemented a proprietary algorithmic credit feature that uses the Zora LP position to assess creditworthiness and provide credit limits.

The platform has seamlessly integrated existing product lines with a new dAPP that focuses on developing features and capabilities for Uniswap V3.

Exchange – ZORA trades on Uniswap with a 24-hour trading volume of $59,473.42.

HollyGold (HGOLD)

  • Clear features: HollyGold is revolutionizing the entertainment industry using blockchain technology for the benefit of producers, investors and the general public.

HollyGold, a cutting-edge company, is developing an ecosystem for the entire entertainment sector. In addition to focusing on entertainment, HollyGold’s ecosystem includes Defi.

People who want to participate in this EnTech environment can join a DeFi project that allows them to earn extra money in addition to entertainment. Working with Hollywood allows them to develop fresh, intriguing NFTs.

Exchange – HGOLD has a 24-hour trading volume of $19,421.49, trading on XT.COM, Bitrue, ProBit Global and BW.com.

Onooks (OOKS)

  • Distinctive features: Onooks’ goal is to unite a frustrated group of people who feel that real estate has traditionally been a luxury asset class for the high net worth.

Launched in November 2020 Onooks is a decentralized cryptocurrency that promotes the development of an integrated and interoperable monetary and open finance protocol matrix that serves as a centralized liquidity pool and foundation for DeFi and open finance applications.

A brand new cryptocurrency initiative based on community generated value, Onooks (OOKS) has equipped people to solve real problems.

The Onooks team is a community of software engineers, corporate finance professionals, and blockchain people who strive to continue their efforts in delivering solutions to real-world problems.

Exchange – OOKS has a 24-hour trading volume of $64,064.91 on Uniswap (V2), SushiSwap, and Txbit.

WHALE

  • Distinctive features: The first social token, $WHALE, is said to be backed by the best collection of NFTs available

$WHALE was introduced on May 18, 2020 as an Ethereum ERC20 token. Located in The Vault, this collection has expanded since 2019. This serves as a base The value of $WHALE. Since its inception, the group has included well-known figures from the world of crypto-art, with the aim of giving everyone the opportunity to become a whale through $WHALE.

WHALE benefits:

  • NFT RENTAL – Free NFT asset rental from WHALE Vault including game assets and metaverse assets.
  • SIMPLE NFTS – Buy NFTs that are on sale for $WHALE only.
  • NFT DROPS – Valuable NFT airdrops from art to meta clothes for WHALE role holders.
  • EXCLUSIVE ACCESS – Exclusive access to WHALE FM events, programming and Metaverse WHALE features.
  • SIMPLE INFORMATION – Exclusive access to regular market data and analytical reports.
  • WHALE DAO – Participate in the WHALE club and fund management.

Exchange – WHALE has a 24-hour trading volume of $326,286 and is traded on KuCoin, Huobi Global, Gate.io, LBank and CoinEx.

Rally (RLY)

  • Distinctive features: Consumer apps use RLY to create a token economy that fosters community, growth and rewards engagement.

The RLY network operates with the RLY token, the original token of ERC-20. The RLY Network Association’s official bridges and canonical swaps allow users to use RLY on other blockchains.

RLY Protocol, a suite of token-enabled software for developers, enables token launch, rapid pricing, instant liquidity, and the ability to earn weekly RLY rewards. The protocol also works in the consumer application community RLY Network.

The RLY Network Association, a non-profit organization established in Switzerland, oversees the RLY protocol.

Exchange – RLY has a 24-hour trading volume of $4,952,997, trading on MEXC, CoinW, Phemex, Bitget, and KuCoin.

Disclosure: This is not trading or investment advice. Always do your research before buying cryptocurrency or investing in services.

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Image source:ofeoleo3d/123RF // Image effects author Colorcinch



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