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Once again, the spotlight on DEXTools highlights the cryptocurrency market’s persistent efforts to regain momentum. The market is significantly down today. The current trend affects both existing and emerging assets. Although the market is red, certain assets are still among the top trending cryptocurrencies.
These tokens are currently available at very affordable prices, making it feasible for investors to accumulate them following their financial capacity. Ultimately, the assets they choose to acquire and the quantity will be dictated by their financial resources. What holds the most significance in the larger picture is the resilience of these assets and the potential returns they can offer investors.
Worldwide stock markets were poised for their most significant weekly upturn in a year on Friday, with investors expressing optimism over the halt in US interest rate hikes. At the same time, the US Dollar found itself in a weaker position.
Top Trending Crypto Coins on DEXTools
Despite this positive trajectory, trading on Friday exhibited a degree of restraint as market participants anxiously anticipated crucial US employment data set to be released later in the day.
The MSCI World stock index, tracking global equities, has surged by 4.3% since the beginning of the week, marking the most substantial weekly increase since November 2022. On the day, the index posted a 0.23% gain.
1. Pond Coin (PNDC)
After a considerable gain earlier today, PondCoin (PNDC) has slowed down in tandem with the general market. It is currently valued at $0.00000116. Nevertheless, PNDC holds its ground as a top-trending coin.
Regarding the all-time high for PondCoin (PNDC), the peak price reached was $0.00000297, which occurred on September 2, 2023, roughly two months ago. Comparatively, the current price reflects a 61.13% decrease from this all-time high.
Conversely, the all-time low for PondCoin (PNDC) is set at $0.000000819212, recorded on August 18, 2023, approximately three months ago. In comparison, the current price stands at 41.13% higher than this historical low point.
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Ready to explore the new frontier? ⛓️🚀 #LaunchpadXYZ #Crypto #Altcoins pic.twitter.com/YchApleglR
— Launchpad.xyz (@launchpadlpx) November 2, 2023
Assessing PondCoin’s price performance relative to its peers, it’s evident that in the last seven days, PNDC has underperformed the global cryptocurrency market, which has witnessed a 1.90% increase. Furthermore, compared to similar cryptocurrencies within the Ethereum Ecosystem, PondCoin has also lagged, decreasing by 14.50%.
Regarding market sentiment, today’s community outlook for PondCoin is bullish, with over 70% of users expressing a positive sentiment about PNDC. Traders continue to have a good deal as far as PNDC is concerned.
2. HairyPlotterFTX (FTX)
HairyPlotterFTX (FTX) currently boasts a price of $0.00006923, with a 414.06% surge in the past 24 hours. Over the previous week, the coin has experienced an impressive price gain of 155.67%. HairyPlotterFTX has a circulating supply of 7.9 billion FTX tokens, translating to a market cap of $606,315.
Its all-time high was recorded at $0.00033307 on October 6, 2023, just 28 days ago. In comparison, the current price represents a 76.85 % decrease from this all-time high point.
On the flip side, the all-time low for HairyPlotterFTX (FTX) was observed at $0.00001122 nine days ago, on October 25, 2023. The current price is considerably higher, at 587.09% above this record low.
When it comes to the fully diluted valuation (FDV) of HairyPlotterFTX (FTX), it is calculated at $712,882. This figure represents a theoretical estimation of the maximum market cap, assuming the entire supply of 9.8 billion FTX tokens is circulated. The realization of this FDV may take several years, depending on the emission schedule of FTX tokens.
https://twitter.com/HairyPlotterFTX/status/1720336437009100881?s=20
Comparing the price performance of HairyPlotterFTX with its peers, it’s evident that in the last seven days, FTX has outperformed the broader global cryptocurrency market, which has seen a 2.00% increase. Additionally, when measured against similar Ethereum Ecosystem cryptocurrencies, HairyPlotterFTX has excelled with a 155.70% increase.
Regarding market sentiment, today’s community outlook for HairyPlotterFTX is notably bullish, with more than 100% of users expressing positive sentiment about this top-trending cryptocurrency.
3. DORK (DORK)
DORK (DORK) trades at $0.00001421, marking a notable 13.23% price increase over the past 24 hours. While the price trend over the past seven days is not specified, it’s clear that the coin has demonstrated substantial growth. Regrettably, information regarding the market capitalization of DORK remains inaccessible today due to unreported data on the circulating supply of DORK tokens.
When exploring the all-time high for DORK (DORK), the peak price reached was $0.00001699, achieved only about 2 hours ago on November 3, 2023. In comparison, the current price reflects a -18.76% decrease from this freshly established all-time high.
Conversely, the all-time low for DORK (DORK) was observed at $0.00001255 about 5 hours ago on November 3, 2023. The current price stands 9.97% higher than this recently recorded all-time low point.
In terms of the fully diluted valuation (FDV) of DORK (DORK), it stands at $1,408,614, representing the hypothetical maximum market cap if the entire supply of 100 billion DORK tokens were in circulation today. However, the realization of this FDV may span multiple years, contingent on the emission schedule of DORK tokens.
In the context of price performance relative to its peers, DORK (DORK) has exhibited a 0.00% change in the past seven days, indicating that it has not matched the growth of the global cryptocurrency market, which has seen a 2.00% increase. Furthermore, compared to similar Ethereum Ecosystem cryptocurrencies, DORK has lagged, as they have experienced a 12.70% increase.
Regarding market sentiment, it’s noteworthy that today’s community outlook for DORK is mainly bullish, with more than 84% of users expressing positive sentiments about DORK.
What Might Be The Next Top Trending Crypto?
Crypto platforms that employ native tokens present a promising business model, leveraging network effects as their user base expands and more transactions involve the token. This increased activity spurs demand for the token, potentially driving its value higher.
Illustrating this model, Launchpad XYZ has integrated its LPX token as a fundamental component for accessing platform features. As this crypto startup introduces additional functionalities, such as fractional asset investing, reliance on the LPX token will likely grow. The impressive $1.96 million raised during the project’s presale underscores the early interest in LPX.
🌍 Don't just watch the #Crypto revolution; be a part of it! #LaunchpadXYZ is your ticket to becoming a #Web3 pioneer
Ready to explore the new frontier? ⛓️🚀 #LaunchpadXYZ #Crypto #Altcoins pic.twitter.com/YchApleglR
— Launchpad.xyz (@launchpadlpx) November 2, 2023
Launchpad XYZ’s strategic emphasis on utility has positioned the LPX token effectively. As the project continues to onboard new users, the tangible real-world value offered by its AI analytics tools may transform it into a compelling investment opportunity.
Visit Launchpad XYZ.
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