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Bitcoin (BTC), the largest cryptocurrency by market cap, has surged past $65,000 following a 3.39% increase in price, pushing the total crypto market valuation to $2.31 trillion.
CryptoQuant’s CEO and founder, Ki Young Ju, highlighted that Bitcoin has managed to overcome various market challenges, such as the German government selling off its BTC reserves and the Mt. Gox repayment distributions.
Recent trends in the TON market indicate a change in investor behavior, potentially affecting the asset’s value. Data from CryptoQuant shows that the 30-day open interest delta for TON has turned positive while the funding rate remains negative. This shift in market dynamics could play a crucial role in TON’s price movement over the coming weeks. Meanwhile, other blockchains are witnessing price climbs. This article focuses on the top trending cryptos on Solana Chain today.
Top Trending Cryptos on Solana Chain Today
PUMPY cryptocurrency is currently valued at $0.00015, with a market capitalization of $161.15K. The NPC token is priced at $0.00498, boasting a market cap of $1.97 million and a 24-hour trading volume of $9.04 million, marking an impressive 1,443.66% increase.
Jonah, trading at $0.000914, has seen an intraday spike of 539.42%, with its trading volume rising to $5.62 million—up by 435.24%. Meanwhile, Pepe Unchained (PEPU) is gaining traction in the meme coin sector, raising over $15.7 million during its presale. Bitcoin is testing the $65,000 level following positive economic data from the U.S.
1. PUMPY (PUMPY)
PUMPY cryptocurrency is currently priced at $0.00015 and has a market cap of $161.15K. Its 24-hour trading volume is $2.56M, reflecting a significant 25,556.53% surge. With a circulating supply of 999.99M tokens, PUMPY is at full capacity in terms of available coins.
Throughout the trading session, the price action has been notable. Starting around 10:00 AM, Pumpy started an upward trend, which became evident as the price rallied. This price movement eventually peaked shortly after 2:00 PM. However, by 2:30 PM, a downward correction began, marking a shift in momentum. By 4:30 PM, a small green candle appeared, signaling a possible short-term recovery.
The price movement throughout the session ranges from a low of $0.0001494 to a high of $0.0001740. Afterward, the price settled at $0.0001611, representing a 3.57% increase. The trading volume supports this activity, with spikes around the 10:00 AM rally, indicating strong market interest. Further, as the price corrects around 4:00 PM, volume increases again, suggesting selling pressure during the dip.
Looking at the broader picture, the bullish momentum earlier in the day suggests strong buying interest, but the subsequent correction implies possible profit-taking. The price hovering around $0.0001500 may indicate support, while resistance near $0.0001740 seems plausible, given the price’s inability to break higher.
2. NPC (NPC)
The NPC token is currently priced at $0.00498. Its market capitalization is $1.97M, and its 24-hour trading volume is $9.04M, representing a notable 1,443.66% increase. The circulating supply stands at 420.69M NPC, which is the total maximum supply.
Regarding volume insights, the trading volume peaked at 104.606K during recent price swings, indicating significant activity. The gradual increase in volume before the price surge suggests growing market interest, followed by heavy trading during the correction phase. Early afternoon saw strong bullish momentum, particularly between 15:00 and 16:00, with large green candles indicating increased buying interest and positive sentiment. However, post-16:00, a large red candle indicated selling pressure, likely driven by profit-taking or market correction.
From a technical perspective, the recent high of $0.009000 could serve as a resistance level if prices attempt another rally. Conversely, the current level of $0.004923 might act as short-term support, although the sharp decline suggests the market may test lower levels if selling continues.
Moreover, the NPC/USD pair has exhibited significant volatility, with a sharp rally followed by a quick sell-off. This suggests the market is undergoing a correction, and traders should watch for signs of consolidation or further price declines before making new entries. Hence, risk management remains crucial in this volatile environment.
3. Jonah (Jonah)
Jonah trades at $0.000914, reflecting a 539.42% intraday increase. Its 24-hour trading volume has surged to $5.62M, reflecting a significant 435.24% increase. The total supply is 999.99 million Jonah coins, all of which are already in circulation.
Analyzing the Jonah/USD pair on a 15-minute chart from DEXTools.io shows notable market volatility. The pair trades on the RAY exchange and is currently priced at $0.0009429, marking an 11.22% decline over the last period. Each candlestick represents 15-minute intervals, showing various price movements throughout the day.
Earlier in the day, around 09:00, the market saw a strong bullish surge. This is evident in large green candles, alongside a volume spike indicating heavy buying activity. The surge was likely driven by positive market sentiment. However, from 11:00 to 13:00, the market reversed direction. A series of red candles and decreasing volume highlighted the selling pressure.
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Moreover, recent price declines suggest a bearish market sentiment in the short term. Traders should watch for signs of stabilization or reversal before making decisions. Meanwhile, Jonah is now listed on Bitget Wallet. Users can buy the token with debit or credit cards. The platform also offers instant coin-to-coin swaps and supports over 19 million users, with a total swap volume of $8 billion.
What Might Be The Next Top Trending Crypto?
Pepe Unchained (PEPU) is making waves in the meme coin space, having raised over $15.7 million in its presale. Unlike other meme coins, which often rely on hype alone, PEPU is introducing a Layer-2 blockchain known as the “Pepe Chain.” This innovation aims to provide faster transactions and lower fees compared to Ethereum, thus setting it apart in a market that typically thrives on speculative excitement.
Layer-2 technology, which operates on top of existing blockchains like Ethereum, has gained significant traction in 2024, with over $37.6 billion locked across various networks. While Arbitrum, Base, and Optimism have led the charge, Pepe Unchained seeks to differentiate itself by focusing solely on meme coins. According to its whitepaper, the Pepe Chain promises to be 100 times faster than Ethereum, and it will include a dedicated block explorer along with instant bridging capabilities.
Moreover, the project’s presale has been particularly successful, with tokens priced at $0.00986 each and an APY of 135%. Investors are not only drawn to the discounted price but also to the project’s double staking protocol, which offers rewards for token holders. Furthermore, the presale’s rapid growth has attracted attention from influencers and analysts, with some predicting significant price increases for PEPU once it officially launches.
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After the presale concludes, Pepe Unchained plans to launch its decentralized exchange (DEX) on the Pepe Chain. Additionally, further listings on other DEXs and centralized exchanges (CEXs) are expected, which could enhance its visibility and accessibility. The project has also been audited by Coinsult and SolidProof, lending credibility to its tokenomics and overall structure.
Read More
Most Searched Crypto Launch - Pepe Unchained
- Layer 2 Meme Coin Ecosystem
- Featured in Cointelegraph
- SolidProof & Coinsult Audited
- Staking Rewards - pepeunchained.com
- $10+ Million Raised at ICO - Ends Soon
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