Top Trending Crypto Coins on DEXTools

Join Our Telegram channel to stay up to date on breaking news coverage

At the time of this report, the crypto market has seen another significant increase in its market capitalization. The market capitalization has risen to $1.61 trillion, reflecting a notable 2.01% increase within the last 24 hours.

The crypto market volume also rose to $73.38 billion, a 7.52% increase. The decentralized finance sector contributed $8.06 billion to this volume, constituting 10.98% of the total crypto market’s trading activity. Concurrently, stablecoins demonstrated dominance, representing a volume of $65.1 billion, accounting for a substantial 88.72% share of the entire crypto market’s 24-hour trading volume.

On the Bitcoin front, the financial payment processor Block, which Jack Dorsey co-founded, recently announced the launch of a self-custody Bitcoin wallet named “Bitkey.” In the announcement on Thursday, December 7, Block developers unveiled the wallet, which is available as a mobile app or hardware storage and is accessible across more than 95 countries.

Bitkey has a two-of-three multi-signature wallet structure comprising a mobile, hardware, and server key. It also integrates secure hardware and recovery tools in case of loss. According to the announcement, users must authenticate transactions using fingerprint and phone verification. Initial global partners for Bitkey include Coinbase and Cash App.

Block highlighted Bitkey’s security approach, emphasizing the necessity of two out of three keys for Bitcoin movement or security-related actions, ensuring that Bitkey cannot access or transfer a customer’s Bitcoin without their involvement.

Block reported robust financial outcomes in the third quarter of this year, showing $5.62 billion in revenue aided by robust sales growth from payment processors Cash App and Square. Furthermore, the company earned a $44 million profit from its Bitcoin investments, capitalizing on BTC’s recent price rebound. Moreover, Bitcoin transaction gross profit surged to $45 million, marking a 22% year-over-year increase, with Block selling $2.42 billion worth of BTC to customers via Cash App.

1. GEC (GEC)

The first top-trending coin we want to consider today is GEC, based on the affiliated surge it’s making. The tokens associated with space logistics and energy company Geometric Energy Corporation (GEC) are experiencing significant increases in value ahead of the anticipated launch of DOGE-1, a satellite inspired by Dogecoin, to be sent into lunar orbit.

The mission, slated for January 12 aboard a SpaceX rocket from the Kennedy Space Center in the U.S., has led to remarkable surges in the company-issued token, GEC, which quadrupled in value over the past week. Additionally, XI, a token designated for advertising displayed on the satellite, has surged by 36%. Cumulatively, these tokens hold a market capitalization exceeding $30 million and boast over 6,000 individual holders, as evidenced by on-chain data.

Wen CMChttps://t.co/GYyiQZ0hLi @CoinMarketCap $GEC

— Geometric Energy Corporation (GEC) (@GeometricEnergy) December 8, 2023

Initially announced by Geometric Energy in May 2021, the DOGE-1 satellite is set to be carried as the payload of a SpaceX Falcon 9 rocket, with the mission being entirely funded through dogecoin (DOGE), a meme-inspired cryptocurrency famously supported by SpaceX founder Elon Musk.

According to Samuel Reid, founder of Geometric Energy, SpaceX has obtained the necessary regulatory approvals to proceed with the launch, bringing DOGE-1 a step closer to becoming a tangible reality.

2. Sect Bot (SECT)

The Sect Bot (SECT) has emerged as a groundbreaking tool and is revolutionizing the tracking of trading calls within private Telegram groups. It encourages healthy competition among users. Since its inception, this innovative bot has attracted considerable attention and adoption from traders by offering incentives and rewards to top performers.

GM from Sector ☕️

I have prepared many surprises for all of you in the form of competitions and giveaways 🤝

There are some major development releases as well 👀

Stay tuned. We are just starting 🫡#SectBot #TogetherWeExcel #Giveaway pic.twitter.com/Wj7IawTOrl

— Sect Bot (@thesectbot) December 8, 2023

At the core of Sect Bot lies the “Sect Leaderboard Bot,” a pioneering tool reshaping how users engage and compete in trading calls. Unlike traditional platforms, Sect Bot empowers users to track their calls, showcase their expertise, and vie for top positions within their groups. Notably, top callers not only gain recognition within their communities but also have the chance to earn ETH through global competitions.

Sect Bot’s ambitious roadmap outlines plans for further enhancements and expansions. Introducing global competitions promising substantial ETH rewards aims to elevate the competitive spirit. Security measures like HP and LP locks underscore the project’s commitment to safeguarding user interests. The transition from a whitelist-only system to a public platform intends to democratize access, welcoming a broader community into this innovative ecosystem.

Moreover, by embracing EVM-compatible chains and launching a Discord bot, Sect Bot aims to extend its presence across diverse platforms, ensuring inclusivity and convenience for users exploring different realms of cryptocurrency while heading to become the most trending cryptocurrency.

3. Agoras Token (AGRS)

The Agoras token (AGRS) has surged today, reaching $7.50. The latest price marks an impressive 18.88% increase in the last 24 hours and an extraordinary 187.44% surge over the past 7 days. The token’s 24-hour trading volume has reached $3.95 million.

The Agoras’ all-time high was $38.86, achieved on May 13, 2020, indicating that the current price is 80.41% lower than the all-time high. On the other hand, the token’s all-time low was recorded at $0.02638930 on Dec 29, 2022. The asset’s current price value is a 28,751.90% increase from the all-time low price.

Agoras (AGRS) has exhibited remarkable performance, surpassing the global cryptocurrency market with a 187.60% surge in the last 7 days, compared to an 11.20% increase in the overall market and a 12.70% uptick in similar Ethereum Ecosystem cryptocurrencies.

"Imagine a world where computers could understand us – we're about to bring Logical AI to all aspects of life. I have absolutely no doubt it'll be an integral part of our lives just like the internet" – Ohad Asor, CTO & Founder #TauNet

— Tau (@TauLogicAI) December 8, 2023

The Agoras token is also included, as the community is bullish toward many tokens. The confidence investors have exhibited in it helps to secure its place as a top-trending cryptocurrency.

What Might Be The Next Top Trending Crypto?

The Launchpad XYZ project is one of the most laudable ones in the crypto space. The LPX presale boasts a distinctive bonus structure where participants receive extra tokens, currently at 6%, incentivizing early investment. This bonus diminishes by 1% every seven days, encouraging prompt involvement.

🌍 Tip of the day: Global events impact #Crypto markets.

Keep an eye on international news for potential influences on asset prices.#LaunchpadXYZ #LaunchpadKnows

— Launchpad.xyz (@launchpadlpx) December 8, 2023

Launchpad XYZ unveiled a tiered NFT pass system ranging from ‘Doge’ at $50 for basic access to ‘Elon’ at $25,000+ with added benefits, unlocking increased access to trading resources and community features.

Distinguishing itself through AI-powered crypto trading tools, Launchpad XYZ offers Apollo for tailored trading strategies and Launchpad Quotient (LPQ) utilizing AI and 400+ data points for price prediction. Plans include a high-liquidity terminal and educational content.

Launchpad XYZ’s alpha Telegram signals group showcased impressive returns during the presale, with over 20 trades surpassing 100%, eight over 1000%, and one reaching 7000%.

Beyond AI tools, Launchpad XYZ aims to evolve into a comprehensive crypto ecosystem, planning a play-to-earn gaming hub, a decentralized exchange (DEX), and a metaverse library, as outlined in its roadmap.

The platform also prioritizes mass adoption by simplifying processes and offering accessible entry points to digital finance, targeting newcomers in the complex crypto landscape.

With the potential to drive crypto mainstream adoption, Launchpad XYZ’s presale continues, attracting traders eager for LPX tokens and anticipating significant returns upon exchange listings.

Visit Launchpad XYZ.