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Many investors blame the US and German crypto sell-offs for the current bear pressure in the crypto market. However, there are fears that the incoming impact of the Mt. Gox refund might dwarf the impact of these two sell-offs. The price dump might continue into the new week as recent News shows that the long-awaited refund from Mt.Gox has kicked off.
Notwithstanding, altcoin prices have recovered dramatically despite the bears’ dominance of the crypto market. While BTC struggles to maintain its price above $56k, many altcoin and meme coins have recorded over 40% price surges. The top trend cryptocurrencies on the Solana chain saw a significant spike in price action, giving several new coins a twofold boost in value.
Top Trending Cryptos on Solana Chain
However, one way to hedge against all market uncertainties is by targeting valuable projects before they reach the mainstream market. One such project that should be on investors’ watchlist is the WienerAI. This post provides a quick review of its presale and the potential of the WAI token.
1. PURPLE PEPE (PURPE)
The original Pepe token on Solana, PURPLE PEPE (PURPE), has seen remarkable growth recently. Created and deployed in July 2023, PURPE is priced at $0.00003921, marking an impressive 83.97% increase in the last 24 hours. Moreover, the token has outperformed the global cryptocurrency market, down by 7.40%, and similar meme cryptocurrencies, which have seen a decline of 10.80% in the past week.
Furthermore, PURPLE PEPE can be traded on several decentralized exchanges, with Raydium being the most popular. The trading pair PURPE/SOL on Raydium has reported a trading volume of $4,624,118 in the last 24 hours. Other exchanges where PURPE is actively traded include Raydium (CLMM) and Meteora.
The token’s trading volume has surged by 73.30% from one day ago, indicating a significant rise in market activity. This increase in volume underscores the growing interest and activity around PURPE in the market.
Love all of our community https://t.co/e2ah9hkpzB
— Purple Pepe (@PurplePepeSol) July 6, 2024
Meanwhile, the community sentiment towards PURPLE PEPE is currently very bullish, which has given it a space in the top trending Solana coin list. This optimism, combined with the recent price and trading volume increases, suggests a strong potential for continued growth and engagement with the token. Overall, as PURPLE PEPE continues to gain traction, it stands out as a notable player in the meme cryptocurrency space on the Solana blockchain.
2. ZynCoin (ZYN)
ZynCoin (ZYN), launched in November 2023 by a team of crypto natives, is gaining traction in the crypto market. With its ownership renounced and liquidity locked, ZYN is accessible on both Ethereum and Solana networks.
Currently, ZynCoin is priced at $0.03542, with a 24-hour trading volume of $1,027,440. This reflects a significant 26.06% price increase in the last 24 hours and an 11.44% rise over the past week. ZynCoin’s circulating supply of 900 million tokens brings its market cap to $32,015,532.
In the past seven days, ZynCoin has outperformed the global cryptocurrency market, down by 7.40%. However, it lags behind similar Ethereum Ecosystem cryptocurrencies, up by 12.70%.
ZYN can be traded on both decentralized and centralized exchanges. Specifically, the most popular exchange for trading ZynCoin is Uniswap V2 (Ethereum), with the ZYN/WETH pair having a trading volume of $709,202 in the last 24 hours. Other notable exchanges include AscendEX (BitMax) and Raydium.
beautiful stuff
cheers to all the diamond-handed zynners. we’re just getting started
the $zyn stays in pic.twitter.com/Jbsn5mSw4T
— ZynCoin (@ZynCoinERC20) June 30, 2024
Moreover, ZynCoin’s 24-hour trading volume has increased by 9.90% from the previous day, signaling a rise in market activity. The recent price and trading volume growth indicates strong interest and potential for further expansion.
Overall, ZynCoin’s launch and subsequent market performance suggest it is a promising player in the cryptocurrency space. As it continues to gain popularity, it will be interesting to see how ZYN evolves in the competitive crypto landscape.
3. Felix the lazer cat (PEOW)
Felix the Lazer Cat ($PEOW) has made headlines in the crypto market with a staggering surge in its market performance. As of today, the token is priced at $0.0002409, marking an astonishing 625.81% increase in just the past 24 hours.
Over the week, $PEOW has soared by 520.19%, outpacing the global cryptocurrency market, which has experienced a downturn of -7.50%, and similar meme cryptocurrencies, down by -10.50%.
Traded primarily on decentralized exchanges, Felix the Lazer Cat is notably active on Raydium, where the $PEOW/SOL trading pair has recorded a substantial volume of $95,351.64 within the last 24 hours. This surge in trading volume represents an incredible 84,028.60% increase compared to the previous day, highlighting a significant uptick in market activity.
The might is with PEOW cat 🔫😹 pic.twitter.com/YNfmIjjz3M
— $PEOW (@peowsolana) July 6, 2024
Investors and the crypto community have shown bullish sentiment towards Felix the Lazer Cat ($PEOW) amidst its impressive price performance and heightened trading activity. The token’s rapid ascent highlights its growing interest and confidence among traders, positioning $PEOW as a notable player in the evolving cryptocurrency landscape.
As Felix the Lazer cat continues to attract attention and demonstrate strong market dynamics, analysts are closely monitoring its trajectory to gauge its potential impact and future growth within the crypto market.
What Might Be The Next Top Trending Crypto
Doge remains one of the most popular mascots of meme culture. However, when a meme blends with utility, we get something slightly different. WienerAI is out to dominate the world with its Sausage Doge mascot.
It aims to provide traders and investors with a state-of-the-art trading bot while also growing a community of raving fans around the project. It has earned a reputation as one of the top trending presale projects to watch.
WienerAI assembling!
Join the revolution and let our AI supercharge your trading strategy 🌭🩻 pic.twitter.com/1pTwbvFdoC
— WienerAI (@WienerDogAI) July 5, 2024
The WAI token presale offering has recorded remarkable success over the past few weeks. With over $7 million of investors’ money behind the project, achieving success becomes relatively easy. Additionally, the WienerAI project now boasts a community of thousands of followers on Twitter and a significant number of engaged users across other social media platforms.
Investors still have the opportunity to buy the WAI token before its listing and lunch date. And more importantly, the chance to take advantage of the ongoing presale discount would only last for 24 hours. While further discount would be provided to subsequent presale buyers, the price would likely go slightly higher than the current value.
Thus, early investors would benefit the most from the presale. Presale investors can also participate in the project’s presale staking, which promises 160% APY. This increases the returns on investments to participants.
WienerAI has several other interesting features and benefits, particularly for early investors. The project’s official website and social media are populated with all the details and other helpful information.
Read More
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