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Bitcoin has reached a new milestone in the cryptocurrency market, with its market capitalization exceeding that of Ethereum, its nearest competitor, by over $1 trillion. As of this report, Bitcoin has a market cap of approximately $1.35 trillion. In contrast, Ethereum is trading at $2,647, resulting in a market cap of about $318.68 billion.
This means Bitcoin currently holds an advantage of $1.03 trillion over Ethereum. Bitcoin’s valuation is more than four times that of Ethereum. 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
Degens With Attitude (DWA) is currently trading at $0.00116, boasting a market capitalization of $1.27 million. Meanwhile, Batcat is priced at $0.0001, with a market cap of $78.95K. Frogga Tyrone (FROTY) is valued at $0.0000741 and has a market cap of $70.62K, along with a 24-hour trading volume of $14.00K.
Additionally, since its presale began in early September, Flockerz has successfully raised over $900,000, indicating significant early interest in the project. Bitcoin is also showing positive momentum, approaching the $70K mark.
1. Degens With Attitude (DWA)
Degens With Attitude (DWA) is currently priced at $0.00116, with a market cap of $1.27 million. Over the past 24 hours, the trading volume has seen a 225.87% surge, reaching $12.61K. With a circulating supply of 1 billion DWA coins, the total supply is capped at the same figure, meaning there is no further issuance expected.
At the beginning of the trading period, from 22:00 to 01:00, DWA’s price remained relatively stable, hovering around $0.001163. This phase saw low volatility, with alternating small green and red candles, indicating a balance between buyers and sellers. The limited price movement during this time suggests that the market was in a state of equilibrium.
The volume trends further highlight these price movements. During the early hours of trading, volume remained low, consistent with the period of minimal price change. As the price began to rise, there was a corresponding spike in trading activity, showing that the upward movement was driven by increasing market interest.
Degens With Attitude (DWA) is live on Uniswap!
A ruthless crew of meme hustlers hitting @base!
This is a movement for those who grind hard, meme hard & thrive in the blockchain hood.
Launched via https://t.co/blfwSq7C8Yhttps://t.co/zEeiyzkKZZhttps://t.co/uZsQ6Pb81T
— Degens With Attitude (@DWAonBase) October 18, 2024
Similarly, the sharp sell-off saw another volume spike, suggesting that the price drop was fueled by significant selling pressure. After this, the volume declined again, indicating that traders may be waiting for clearer market signals before taking further action. In terms of market sentiment, the initial price surge suggests a period of bullish optimism, potentially driven by positive news or increased demand for the coin.
2. Batcat (Batcat)
Batcat’s live price is currently $0.0001, with a market capitalization of $78.95K. Over the past 24 hours, trading volume has seen a sharp rise, reaching $8.62K. This represents a significant 103.16% increase. The circulating supply is 784.97M Batcat coins, equal to its maximum supply.
The price movement has been notable. Between 22:00 and 23:00, the Batcat price saw a significant upward spike. It rose from just under 0.00008500 to a peak of 0.0001100. This sharp rise was likely due to a surge in buying pressure, possibly driven by positive news or market activity.
After this rally, the price entered a consolidation phase between 23:00 and 02:00. During this period, the price remained within the range of 0.0001004 to 0.0001100. This suggests that the market was pausing. Both buyers and sellers seemed to be waiting for further signals before making any strong moves.
Batcat now shows up properly on Coinbase Wallet.
Meow.$Batcat pic.twitter.com/kBIHPTly1f
— Batcat on Base (@batcatonbase_) October 14, 2024
Following this, a gradual decline began after 02:00. The price dipped slightly, settling around 0.0001005. The market found support at this level, with price movements becoming minimal and indecisive. This stabilization indicated a lack of momentum at that point.
The trading volume showed clear patterns aligned with these price movements. During the initial rally, there was a noticeable spike in volume. This increase suggests strong market participation, likely pushing the price higher. However, once the price started consolidating, the volume declined significantly.
3. Frogga Tyrone (FROTY)
Frogga Tyrone (FROTY) is currently priced at $0.0000741, with a market cap of $70.62K and a 24-hour trading volume of $14.00K. The price has surged by 101.11% in the last 24 hours. There is a circulating supply of 957.43M FROTY coins, which fully matches its maximum supply.
Looking at the price action on a 15-minute chart from DEXTools.io, several trends emerge. Between 19:00 and 21:00, FROTY saw a sharp increase, climbing from $0.00006200 to a high of $0.00007415. This rise, reflected by a series of green candlesticks, indicates strong buyer interest with minimal resistance.
After reaching this peak, the price saw a slight decline between 00:00 and 02:00, yet it found support around the same level, signaling that traders were content holding at this point. This phase featured small candlesticks, suggesting indecision as neither buyers nor sellers took clear control.
What an amazing week it's been. That's one beautiful frog chart, and the epic community keeps growing by the minute. However, $FROTY is only just getting started. Don't forget that we're listing on https://t.co/MvdZxZ9L9c next week, making it possible for their 60,000+ users to… pic.twitter.com/cPIxJ5I76V
— Frogga Tyrone (@Frogga_Tyrone) October 20, 2024
In terms of market sentiment, the overall mood appears bullish. The initial price increase and quick recovery after the pullback show confidence in the coin. However, after reaching a peak, the market sentiment seems more neutral.
What Might Be The Next Top Trending Crypto?
Flockerz (FLOCK) is a new decentralized finance (DeFi) project that has attracted attention with its community-driven governance and vote-to-earn model. Since the presale launch in early September, it has raised over $900,000, showing strong early interest in its platform.
One of the key features of Flockerz is its decentralized governance system, called FlockTopia. This system allows token holders to vote on important decisions related to the project. These include development strategies and token burns. Unlike many meme coins where developers control major decisions, Flockerz empowers its community. It rewards users with FLOCK tokens for voting, aiming to increase participation and engagement.
The presale price of the FLOCK token is set at $0.0058161. In terms of token distribution, 20% of the total supply has been allocated for presale investors, and 25% is reserved for staking rewards. These staking rewards are especially notable, offering a high annual percentage yield (APY) of 1850%. This feature is designed to encourage long-term commitment from investors. Meanwhile, analysts have suggested that Flockerz could deliver returns of 10x to 100x, sparking further speculation and interest.
The flock is basking in gold, and soon you will too 🐦💰 pic.twitter.com/VQ16zqpyXr
— Flockerz (@FlockerzToken) October 17, 2024
Security has also been a focus for Flockerz. The project recently passed a security audit by Coinsult, which found no issues across any risk levels. In addition to the Coinsult audit, SolidProof reviewed Flockerz. These security measures provide additional reassurance for potential investors. The transparent nature of these audits also helps build trust in the project’s platform and its smart contract functionality.
Since the presale launch, the Flockerz community has grown steadily, with over 2,550 followers on Twitter and more than 1,450 members on Telegram. Moreover, Flockerz’s unique vote-to-earn model and high staking rewards have positioned it as a promising DeFi project.
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