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The crypto market is up by a considerable margin today. DEXTools reflect many top trending coins boasted by trading activities. The current state is a consistent follow-up to our previous report.
This dynamic can challenge a few coins trying to gain recognition on platforms like DEXTools. The roster of trending cryptocurrency pairs on DEXTools has remained relatively stable because of the general market’s stability for the top trending cryptocurrencies.
Global stocks showed a notable upward trend on Friday. European shares are also experiencing gains, particularly in the luxury sector. Equity futures in the US indicate a positive start for Wall Street later in the day.
However, as September ended, it marked a challenging quarter for world stock markets, with significant declines driven by concerns about rising interest rates.
Most Trending Crypto Today – Top List
Bond markets, while relatively stable, have also had a tumultuous quarter. Eurozone government bond yields and US Treasury yields reached new multi-year highs during the week, resulting in the most significant quarterly rise in a year for Eurozone government bond yields.
1. Lybra (LBR)
Lybra’s (LBR) price is currently $1.14. In the past 24 hours, it saw a 16.65% surge. In the last seven days, its value rose by 36.29%. This places Libra’s market cap at $18,634,570, backed by a circulating supply of 16 million LBR tokens. The achievement made LBR the most trending cryptocurrency on DEXTools today.
The Lybra is available for purchase on various centralized cryptocurrency exchanges. The preferred choice for buying and trading Lybra is BingX, where the LBR/USDT trading pair has displayed significant activity, with a trading volume of $69,646.85 in the past 24 hours. Other popular options include OKX and MEXC.
The daily trading volume of Lybra (LBR) currently stands at $3,360,960, marking a substantial 198.80% increase compared to the previous day. This uptick in trading activity suggests a recent surge in market participation.
The all-time high for the Lybra token, LBR, was recorded at $4.48 on May 29, 2023, approximately four months ago. The current price represents a decrease of -74.04% from its all-time high.
Conversely, the all-time low for Lybra (LBR) occurred on May 08, 2023, at $0.124032, about five months ago. The price reflects a substantial increase of 838.25% from its all-time low.
Lybra (LBR) holds a market capitalization of $18,634,570 and has the #653 rank on CoinGecko today. Market capitalization is calculated by multiplying the token price by the circulating supply of LBR tokens, which currently stands at 16 million.
The fully diluted valuation of LBR is $115,796,435. FDV provides a statistical representation of the maximum market cap, assuming that all 100 million LBR tokens are circulating today. The realization of FDV may take several years, depending on the emission schedule of LBR tokens.
Regarding price performance relative to its peers, LBR has outperformed the global cryptocurrency market, which has experienced a 2.20% increase in the last seven days. Additionally, it has surpassed similar cryptocurrencies within the Ethereum Ecosystem category, which have seen a 12.70% increase during the same period.
The sentiment within the LBR community appears bullish, with over 60% of users expressing positive opinions about the cryptocurrency today.
2. Pepe (Pepe)
PEPE has been at the front of the crypto market for over a week. The turnaround in its fortune comes after a prolonged decline that drove the memecoin’s price nearly 90% below its all-time high in June 2023. The unexpected recovery of its price surprised many observers, given its extended bearish phase.
Santiment’s report on Twitter highlights that memecoins, except for PEPE, have yet to be a focal point for traders recently. The chart reveals that discussions about the PEPE meme token increased this week.
PEPE stands out as the only meme coin with increased social media discussions during this period, while others like Dogecoin experienced a drop in their metrics to levels not seen in three years. This uptick in discussions could be a driving force behind the price recovery of PEPE this week.
When investors become interested in an asset, they often engage in discussions on social media platforms. Depending on whether these investors collectively exhibit bullish or bearish sentiments, it can influence the price in either direction. In this instance, the increased discussions align with the price surge, indicating a higher level of bullish sentiment.
🐸 $PEPE Official Links 🐸
website: https://t.co/YOvEFOoGSB
uniswap: https://t.co/3YuD6iLmhV…
cmc: https://t.co/3Y4zKVWRWC…
contract: 0x6982508145454ce325ddbe47a25d4ec3d2311933
to buy: @binance, @kucoincom, @okx, @bybit_official, @HuobiGlobal, @coinbasewallet, @cryptocom… pic.twitter.com/a5LUVWBCbv
— Pepe (@pepecoineth) September 9, 2023
PEPE experienced a double-digit surge this week, reaching a local peak of $0.00000075 on Wednesday, marking one of its highest levels in September 2023. Although the rally has lost momentum, the meme coin has retained a significant portion of its gains.
On the weekly chart, PEPE’s price rose by more than 16%, accompanied by a substantial 92% surge in its daily trading volume over the last 24 hours. This increase in trading volume underscores the growing investor interest, suggesting the potential for the rally to continue once a correction finds a bottom.
3. Wall Street Memes (WSM)
A few days after Wall Street Memes (WSM) got listed on crypto exchanges, it has risen to join the ranks of the top meme coins. After its presale’s success, WSM is now the most trending coin.
Initially available in a presale for as low as $0.025, WSM trades at $0.040, marking an impressive 60% gain. On OKX, the price surged by 106%. The trading volume in the past 24 hours has surged to $45 million, catapulting the coin to a market capitalization of $78 million.
When sorted by 24-hour trading volume on a fully diluted basis, WSM would claim the fourth position among meme coins on CoinGecko. Wall Street Memes coin is swiftly becoming Europe’s top 10 meme coin.
The new cryptocurrency has also made its presence felt as a top trending coin on the CoinMarketCap community page. WSM enthusiasts are now setting their sights on a near-term market cap target of $100 million.
With backing from a robust social community of over 1.1 million members that gained prominence during the meme stock frenzy and the Wall Street Bets subreddit, Wall Street Memes is bringing its “King of Stonks” persona to the crypto realm.
WSM is listed on five centralized exchanges following a successful presale that raised over $25 million. In addition to OKX and Huobi, BitMart, LBank, and BingX have joined the ranks, with more exchanges expected to follow.
Wall Street Memes token debuted on the top 10 centralized exchange OKX at 10 am UTC yesterday, amassing a trading volume that surpassed $12 million, according to CoinMarketCap data.
Meanwhile, Huobi, which listed WSM shortly after its Hong Kong-based competitor, has witnessed trading volumes surge to $27.8 million.
🚀 50K $WSM AIRDROP ALERT 🚀
Buy Now ➡️https://t.co/7wNmO5yIO5
Enter Now ➡️https://t.co/ykaumLsjJ4 pic.twitter.com/ENuHb9mMlQ
— Wall Street Memes (@wallstmemes) September 28, 2023
After clearing out presale buyers who took quick profits, the price has established a solid foundation for a potential bull run.
Expectations point to a retest of the high at $0.047, possibly as early as today, followed by consolidation before the price embarks on its next upward push.
A target price of $0.10 would represent a 155% gain from today’s worth – a potentially more favorable risk-reward ratio than other available meme coins.
Community engagement and ongoing product development are expected to create the conditions for sustained upward price momentum for WSM.
Furthermore, the list of top exchanges listing the coin will likely expand in the coming days, further reinforcing the current positive trend.
As interest in other leading meme coins wanes, WSM is poised to continue attracting buying stakes, with its staking utility providing a solid foundation for each new price surge.
Today’s WSM price could be a suitable entry point for new buyers, primarily as product-related updates flow more consistently.
What Might Be The Next Top Trending Crypto?
Crypto mining is usually beyond the reach of the average trader or investor. However, Bitcoin Minetrix is introducing a change that will turn the tide. It came up with an innovative and decentralized solution for mining Bitcoin securely.
Bitcoin Minetrix, the latest top trending coin on presale, introduces a tokenized cloud mining concept that allows every crypto enthusiast to engage in the original way of earning Bitcoin through mining. Importantly, this can be achieved without the control of any centralized authority.
The stake-to-mine concept is an innovative idea 💡
Making #Bitcoin mining achievable for all #Crypto enthusiasts and here's why.
Users of #BitcoinMinetrix require nothing more than an Ethereum-compatible wallet, such as #MetaMask, making things incredibly straightforward. pic.twitter.com/XTNKtrJn9R
— Bitcoinminetrix (@bitcoinminetrix) September 29, 2023
The world of crypto mining, once a captivating prospect for enthusiasts, faced a downturn due to monopolization by corporate giants. This resulted in high costs and frequent encounters with scams—Bitcoin Minetrix steps in to address these issues.
Traditionally, the mining industry leaned toward centralization due to its resource-intensive nature, which ran counter to the decentralized ethos of cryptocurrencies. This led to significant investor funds being controlled by large mining companies, with only a fraction of the mined Bitcoins returned to individual miners. Allegations of attempted theft were also raised against many significant firms. Bitcoin Minetrix aims to rectify these concerns for ordinary miners.
By operating within a decentralized framework, investors can trust that their funds and resources will not be funneled into ventures that offer them no real benefits. This shift marks a significant stride toward a fairer and more secure mining landscape.
Acquiring BTCMTX tokens is flexible, as they can be purchased using ETH, USDT, BNB, or a bank card. The presale will unfold in 10 stages, with each step releasing 10% of the designated token supply. Beginning at $0.011, the token price will gradually increase by $0.0001 in each subsequent stage.
The presale has set a soft cap just above $15 million as its target, with 1,400,000,000 tokens to be distributed. With a minimum purchase requirement of $10, achieving this goal appears readily attainable.
Impressively, over $150,000 has already been raised within the first 48 hours of this new coin’s launch.
The funds generated from the presale will be allocated toward developing the Bitcoin Minetrix platform and marketing initiatives, ensuring a solid foundation for the project’s success.
Visit Bitcoin Minetrix.
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