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Investors are optimistic that the bearish sentiment might be over. The assumption comes after BTC, the giant cryptocurrency, posted about 4% gains today, attempting a break above the $64k resistance. Many believe that a move above this range implies that Bitcoin might trade at about $66k—$69k levels. However, a bear dominance at these points could force the price of BTC to the downside.
Another trend dominating the crypto market in recent times is the emergence of new tokens launched on the BASE chain. The chain holds some of the top gainers in the market today. Below is a quick overview of the most trending coins on Base chains.
Trending Cryptocurrency on Base Chain
Also trending in the crypto market is the return of the AI trend. Investors anticipate the rise of AI tokens in the coming weeks. Hence, getting in early on presale projects could be an opportunity to earn sufficient ROI. A special mention of the WienerAI project is included below.
1. Moby (MOBY)
Moby is a relatively new addition to the memecoin market, but the project has demonstrated substantial strength, as reflected on its chart. While it’s currently undergoing a retrace, there are chances it might bounce back in the coming weeks due to its growing popularity.
At the time of writing, Moby has over 7,900 holders, as reported by Base Scan, and it has completed an average of 38 thousand transactions. Given its new status, the numbers might rack up substantially in the coming quarter.
Another notable market data point that might improve investors’ perceptions of the token is its growing market cap. At the time of writing, it has a market cap slightly above the 2 million market, which shows that it has room for growth and might give early investors a chance to grow with the token.
Sadly, there is no detailed information about the project’s team, early investors, or backers. The lack of fundamental information about the people behind the project poses a red flag for investors to watch out for. Additionally, MOBY would likely over-saturated its market with the substantial 10 billion token supply if there were no deflationary plans.
Above all, the crypto market might see upcoming projects like the MOBY token become some of the top trending cryptos again in the coming weeks. Hence, it is safe to keep them on a watchlist and see how they evolve.
2. MAGA (TRUMP)
Maga Trump is back on the list of trending coins on the Base chain with an over 5% price increase in the last 24 hours. The coin, which has over 47 thousand holders according to DEXTools, has amassed a market cap that’s gradually nearing $7 million.
Maga is generally the meme coin of right-wing Americans rallying support for US presidential contestant Donald Trump. The project’s sole focus is to promote the president and his party’s Make-America-Great-Again campaign motto.
The project sports an active community and a growing interest from investors worldwide. Also, it has the backing of a great team, which would contribute substantially to its sustainability and future performance.
While Maga is new on the market, it’s demonstrated strength through its price action. Since its launch, Maga has demonstrated a significant uptrend and price momentum that very few coins can replicate, and it continues to maintain its price movement and gains.
Ultimately, it will be one of the top trending cryptocurrencies in the coming weeks. However, a downside to the MAGA project is the potential effect the coming election may have on the coin. Hence, investors should take precautions as it might lead to a sell-the-news event.
3. IHF Smart Debase Token (IHF)
Today’s live IHF Smart Debase Token price is $22.55 USD, with a 24-hour trading volume of $168,670 USD. We update our IHF to USD price in real-time. The IHF Smart Debase Token has risen 13.40% in the last 24 hours. The current CoinMarketCap ranking is #3376, with an unavailable live market cap. The circulating supply is unavailable; the maximum supply is 534,999 IHF coins.
If you want to know where to buy the IHF Smart Debase Token at the current rate, the top cryptocurrency exchange for trading in IHF Smart Debase Token stock is Uniswap v3 (Base). You can find others listed on our crypto exchanges page.
DeFi remains one of the leading crypto sectors. It has produced some of the industry’s best-performing cryptocurrencies. As of today, DeFi contributes over $3.8 billion to crypto trading volume, accounting for nearly 7% of total trading volume.
Tri-burn Milestone: 3% of $IHF Supply Burnt
Latest Burn Metrics:
🔥3% of ALL supply burnt
🔥15,872 $IHF / $303,135 worthFor comparison (referencing @ultrasoundmoney):
🔵 $ETH supply is deflationary by 0.157%/yr
🔵 $BTC supply is inflationary by 1.6%/yr📉 $IHF supply is… pic.twitter.com/3dDwABN4dj
— Infinity Hedge Fund (@IHFund) June 29, 2024
Infinity Hedge Fund is a new crypto project in the DeFi sector. The project is reported to offer innovative solutions to the challenges facing the DeFi sector, particularly DeFi protocols. It doubled as a project to deliver Hedge Fund management services to users.
The information regarding the IHF token potential is quite limited as the project is relatively new. However, DEXTools.io provides a handful of helpful details regarding its recent performance. IHF currently has over 180,000 holders, as reported by Basescan, and it has a total token supply of 518,216 tokens. Given its current market cap of over $11 million, IHF has the potential to outperform several tokens that have gone ahead.
What Might Be The Next Top Trending Crypto
WienerAI is on the brink of raising over $7 million for its revolutionary AI project. The AI season earlier in the year brought the likes of FET, Singularity, and PAAL to the limelight. Since the crypto market is in the wake of the bull market, there is a high chance that investors will see a return on the AI trend.
WienerAI is one of the upcoming crypto AI projects rightly positioned to take advantage of the next leg up in the crypto market. The market is in a consolidation range, preparing for its next move.
Ready for the new week like a Wiener on a mission! 🌭🚀
Let's crush those trades with WienerAI, your ultimate AI trading assistant 💪🤖 pic.twitter.com/MqD8yNmHlz
— WienerAI (@WienerDogAI) June 30, 2024
The team behind the WienerAI platform is working towards launching an initiative that blends the popular Meme coin movement and the emerging AI narrative. The combination of these narratives would inevitably birth a noteworthy cryptocurrency. Investors should keep an eye out for the WAI token.
Currently, WAI is available on presale at a discounted value of $0.000724. The discounted price could be lifted in about two days, implying that investors looking to participate in the presale must act fast.
Not only are early investors getting a discount on the token’s price, but they also get an opportunity to join the staking program, which offers 164% APY. A detailed guide on how to participate in the project’s presale is available on its website. There’s also a growing community of investors around the project, and they engage daily on its official Twitter handle and other social media outlets.
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