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The cryptocurrency market remains characterized by volatility, with various tokens undergoing significant price shifts and fluctuations in trading activity. Recently, tokens such as FTX (FTT), Worldcoin (WLD), Ethena (ENA), Render (RNDR), and Fetch.ai (FET) have shown notable movements.
The FTX token, for instance, experienced a rise of 10.48% within the last 24 hours, climbing to $2.60. It reported a trading volume of $135.57 million and a market capitalization of $854.28 million. However, despite these gains, data from FTT’s derivatives indicates a degree of caution, highlighted by a 15.07% decrease in trading volume and a 2.34% drop in open interest, suggesting a slowdown in market activity. Meanwhile, tokens within the Base network also rallied. InsideBitcoins curates the most trending cryptocurrencies on Base Chain now.
Most Trending Cryptocurrencies on Base Chain Now
Tang Cat (TANG) token is currently priced at $0.0000951 after an impressive 284.99% rally within the day, with a trading volume hitting $40.35K. Meanwhile, the Jesse token (JESSE) stands at $0.000108, giving it a market capitalization of $108.37K.
Based Chad, built on the Base ecosystem, aims to bring together a community focused on content creation and collaboration. Additionally, Pepe Unchained ($PEPU) has attracted significant interest from retail investors, positioning itself as a leading memecoin launch for Q4 2024. Bitcoin, meanwhile, is reducing its weekly losses after stronger-than-expected September employment data.
1. Tang Cat (TANG)
Tang Cat (TANG) token stands at $0.0000951, following a 284.99% intraday rally. The trading volume during this period reached $40.35K. Furthermore, the circulating supply of TANG coins is 969.76 million, which is also the maximum supply.
Recent trading data indicates a volatile period for the TANG token. The 15-minute candlestick chart from DEXTools.io tracks TANG against USD on the Uniswap decentralized exchange. This chart reveals significant price fluctuations, moving from approximately $0.00002000 to a peak of around $0.00011000. This upward rally was most pronounced during the early hours of October 7. The latest recorded price, $0.00009519, shows a slight decrease from the earlier high. However, it retains a majority of the gains achieved during this period.
Volume analysis reveals that spikes in trading activity corresponded with the price increases. This trend suggests heightened interest and engagement among traders. After the recent rally, trading volume decreased somewhat as the price stabilized at around $0.00009500. This trend may indicate that traders are either securing profits or awaiting further price movements.
In terms of candlestick patterns, the lead-up to the recent price increase featured multiple bullish candles. Higher highs and higher lows characterized these candles. Following the peak, a few red candles emerged, indicating some selling pressure. Despite this, the price has not sharply declined, which points to a phase of consolidation or a minor correction. The most recent candle reflects a slight drop, yet the price remains near $0.00009519. This price level may act as a short-term support zone.
2. Jesse (JESSE)
The Jesse token (JESSE) is currently priced at $0.000108, reflecting a market capitalization of $108.37K. In the past 24 hours, the token has experienced a significant trading volume of $87.99K, which indicates a 116.85% increase. Additionally, the circulating supply stands at 1 billion JESSE coins, matching the total supply.
At present, the liquidity for JESSE is reported at $34.4K, with approximately 55.8K holders. Furthermore, a recent chart analysis of the JESSE token against USD on the Uniswap platform, utilizing 15-minute candlesticks, suggests notable price dynamics from October 6 to October 7, 2024.
Initially, the token’s price hovered around $0.00002000 before ascending steadily to a peak near $0.00015000. The latest recorded price is approximately $0.0001084, which indicates a notable retracement from its recent high. Nevertheless, it remains above the $0.0001000 mark, suggesting some level of stability.
When examining trading volumes, there has been a surge during significant price increases, demonstrating heightened market interest. However, following the price peak, a noticeable decrease in volume has occurred, reflecting profit-taking behavior among traders. Although activity has continued, the last few hours indicate a decline in trading enthusiasm, which may signal a potential shift in sentiment.
In terms of candlestick analysis, the early trading period showed some sideways movement with low volumes before the token broke out upward. Following this breakout, a series of bullish candles formed, indicating strong buying momentum. However, after reaching its peak, a few red candles appeared, suggesting a cooling-off phase as traders took profits. The price has gradually declined, with the most recent candles revealing a stabilizing trend around $0.0001084.
3. Based Chad (CHAD)
Based Chad, a new project developed within the Base ecosystem aims to create a community of individuals focused on content creation and community building. Following a stealth launch, the project features a no-tax token policy, and the contract for its native token, CHAD, has been audited for security.
Notably, the entire supply of CHAD tokens was added to the initial Uniswap V3 liquidity pool and locked for 69 years. In addition, the project has also set up an Aerodrome gauge to support its ecosystem further and enhance participation.
At present, CHAD is trading at $0.0000444, with a market capitalization of $3.08 million. Furthermore, over the last 24 hours, the trading volume has surged to $170,110, marking a 148.34% increase. The total circulating supply stands at 69.41 billion CHAD, which also represents the entire maximum supply.
🍆 Rich and Chad@werich_ x @BasedChad6969
Based Chad is always Rich!
Wake up Chads! 💙 We are excited to announce that we’ve recently been listed on @HoudiniSwap ! 🎉 You can also play as a 3D game character in @WeepingPlebs FPS. Don't miss our Weekly Spaces with @RaynRaps,… pic.twitter.com/YfVJfsAVie
— Based Chad (@BasedChad6969) October 5, 2024
In terms of liquidity, the pool has $245,700 locked, contributing to 35% of the total market cap. There are currently 108,190 holders of CHAD tokens. Moreover, recent trading data shows a significant spike in volume, with 554 transactions recorded in the past 24 hours. Of these, 224 were buys, amounting to $111,140, while 330 were sells, totaling $58,974.
Additionally, the CHAD token contract has been verified and audited to ensure its reliability. No buy or sell taxes are applied to transactions, and there is no risk of the token being a honeypot, which ensures smooth market participation.
What Might Be The Next Top Trending Crypto?
Pepe Unchained ($PEPU) has garnered notable interest from retail investors, establishing itself as a prominent player among meme coin launches in Q4 2024. Currently, the token is priced at $0.00993, with an expected slight increase to $0.00994 in the next funding phase. So far, the project has raised $17.8 million, drawing attention due to its significant growth over the past week.
One major factor contributing to this recent price surge is the anticipated launch of Pepe Unchained’s Layer 2 technology. This development has been widely discussed on social media, boosting interest among potential investors. Additionally, fear of missing out (FOMO) from larger crypto investors has increased demand for the token. Over 1.3 billion tokens have already been staked, with the project offering an annual yield of approximately 122% through its double-staking mechanism.
The Breaker of Chains strikes again!
$17M raised 🏗️ pic.twitter.com/dTpGIkooRO
— Pepe Unchained (@pepe_unchained) October 2, 2024
The distribution of the token supply is designed to ensure a balanced allocation. Specifically, 40% is designated for the presale, 10% for marketing efforts, and 7.5% for liquidity on decentralized exchanges. This structure aims to facilitate various uses of the token.
Furthermore, the “Frens with Benefits” program offers incentives to developers, adding another dimension to the project’s ecosystem. The favorable market conditions, including declining interest rates and a bullish trend in the broader cryptocurrency landscape, have also played a role in Pepe Unchained’s presale success.
Read More
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- 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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