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This week, Bitcoin experienced a significant increase as inflows into Bitcoin ETFs reached $900 million. Cryptocurrency analyst Michaël van de Poppe highlighted this substantial investment, indicating it may propel Bitcoin closer to a new all-time high (ATH). Although the price has seen some fluctuations, data suggests a positive outlook among investors, with steady interest fueling upward price momentum.
Amid this rally, tokens within specific blockchains have also witnessed rallies. This article curates the trending cryptocurrency tokens on Avalanche Chain today.
Trending Cryptocurrency Tokens on Avalanche Chain Today
OddzToken (ODDZ) is valued at $0.00653, with an estimated market cap of $75.29K. NumberGoUpTech (TECH) is a cryptocurrency primarily positioned as a memecoin. UST trades at $0.0243, holding a market capitalization of about $311.22K.
FreeDum Fighters is a new meme coin project currently in its presale stage. Meanwhile, Bitcoin has climbed by 3%, reaching over $73,000—a level it hasn’t seen since March.
1. OddzToken (ODDZ)
OddzToken (ODDZ) is currently priced at $0.00653, with a market capitalization of approximately $75.29K. Over the last 24 hours, the trading volume has reached $3.72K, which reflects a notable increase of 33.35%. The circulating supply stands at 11.52 million ODDZ coins, which is also the maximum supply.
A 15-minute candlestick chart for the ODDZ/USD trading pair is available on DEXTools.io. This chart provides insights into the recent price activity. The price of ODDZ has shown minimal fluctuation within the selected period. However, there was a significant spike around 11:00 AM. At its peak, the price hit $0.006789 before returning to approximately $0.006536. This pattern indicates a quick rise, followed by a rapid decline.
Each candlestick on the chart represents a 15-minute time frame. Most of these intervals depict relatively stable prices. Nevertheless, a few large red and green candlesticks indicate moments of increased volatility, particularly around 8:00 and 11:00 AM. The prominent wick on the red candlestick at 11:00 suggests that the price spike was temporary. This may indicate resistance at that level.
Happy Diwali to the $ODDZ fam!#Uptober is finally here, and we're building something huge.
Stay tuned for more updates! https://t.co/pObl1OGdEY
— Oddz Finance (@oddz_finance) October 31, 2024
The volume indicator at the bottom of the chart shows that the last trading interval recorded a volume of 540, which is highlighted in red. Overall, the trading volume is low. This suggests limited liquidity or reduced interest from traders during this timeframe.
The chart reflects a slight bearish sentiment, with a small decline of 0.72% from the previous closing price. Moreover, the rapid price reversals and spikes imply a volatile market. This behavior is often seen in low-cap or newly launched tokens.
2. NumberGoUpTech (TECH)
NumberGoUpTech (TECH) is a cryptocurrency designed primarily as a memecoin. While it lacks inherent value, its purpose is to foster a community around technological advancement. This playful approach to the cryptocurrency landscape encourages users to celebrate ongoing improvements in technology, innovation, and digital transformation. Moreover, it leverages memes and community discussions to engage supporters. This emphasis highlights the idea that technology is in a constant state of evolution.
As of the latest update, the live price of TECH stands at $0.0000208. The market capitalization is approximately $1.35 million, with a 24-hour trading volume of around $24,410. Notably, the price has experienced an 11.08% increase over the past day. The total circulating supply of TECH coins is 65.24 billion, which also represents the maximum supply. This indicates that there are no further coins to be issued.
In terms of liquidity, the project shows a liquidity pool valued at $135,200. This contributes to the overall market activity. Currently, there are about 9,240 holders of TECH, which reflects a growing interest within the community. The token’s volatility is recorded at 0.1805, suggesting some fluctuations in price over time.
Analyzing the recent trading activity, the number of transactions recorded in the last 24 hours amounts to 198. Total buy orders reached approximately $14,663, while sell orders were around $9,748. The minimum price observed during this period was $0.0000416. Meanwhile, the maximum price reached $0.0000422.
3. UST (UST)
UST is currently priced at $0.0243 and has a market capitalization of approximately $311.22K. The trading volume over the past 24 hours is $678.43, reflecting a 10% increase during this period. The circulating supply stands at 12.76 million UST coins, which is also the maximum supply.
Analyzing the 15-minute candlestick chart for the UST/USD trading pair on DEXTools.io reveals several key points regarding market activity. The latest recorded price is $0.02438. This indicates a decrease of 2.18% from the previous period. Generally, price changes appear minimal across most time intervals. However, notable spikes occurred around 08:00 and 13:00.
The candlestick formations are sparse, suggesting that trading activity has been low or volatile for most intervals. For instance, a significant green candlestick around 08:00 indicates a rapid price increase. Conversely, a sharp red candlestick at 13:00 suggests a reversal of the earlier gains, resulting in a price drop.
Trading volume has also been relatively low. The last interval recorded only 39 units. This low volume suggests limited liquidity and minimal trader participation during this timeframe.
The combination of an overall price decline and low trading volume indicates a lack of strong buying interest. Additionally, the rapid price fluctuations hint at a speculative trading environment. This environment may contribute to instability in the asset’s value.
What Might Be The Next Top Trending Crypto?
FreeDum Fighters is an emerging meme coin project currently in its presale phase. It has attracted attention by raising over 363,000, leveraging a lighthearted narrative that incorporates political themes. The project features mechanized political characters, such as Kamacop and Magatron, who engage in fictional battles for dominance. This unique approach appears to resonate with politically engaged individuals, especially with the U.S. elections approaching.
The presale begins with a token price of 0.00006, which gradually increases through various stages until the official launch. This tiered pricing model allows early investors to acquire tokens at a reduced cost, which could lead to profits once the tokens are listed on exchanges.
A notable aspect of FreeDum Fighters is its staking system. This system offers returns that can reach as high as 302.54% APY, depending on the character staked. While this high return rate may attract interest, it is essential to note the inherent risks associated with volatile assets like cryptocurrencies.
FreeDum Debate #1 🇺🇸
Prize: 10 Million $DUM distributed among the winning party.Statement:
MAGATRON's hair is the pinnacle of American engineering. Just like McDonald's is the pinnacle of American cuisine.MAGATRON is for this statement.
Kamacop 9000 is against it.Let the… pic.twitter.com/rYoQVnLRDa
— FreeDum Fighters (@Freedum_Fighter) October 30, 2024
Furthermore, the project emphasizes community involvement through weekly debates and airdrop incentives. Participants in these debates can earn rewards linked to the outcomes of the discussions. This interactive element adds a layer of engagement, which may appeal to cryptocurrency enthusiasts seeking more than conventional investment opportunities.
FreeDum Fighters combines political themes with gamified engagement to attract a specific audience. Its structured presale and staking rewards present potential for both engagement and returns.
Visit FreeDum Fighters Presale
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