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The crypto landscape is primed with mixed trends. Firstly, Bitcoin continues its push for a new ATH. On the other hand, many low-cap cryptocurrencies establish themselves as noteworthy assets, appearing on the top trending crypto cons list on DEXTools multiple times in the previous week.
As the new week unfolds, the market sees fresh trends with Cassie Dragon, Mog Coin, and SatoshiVM leads less than some trending tokens to watch.
Top Trending Crypto Coins on DEXTools
Furthermore, Bitcoin Minetrix kicks into the 25th stage of its presale after raising quite an impressive amount in its 24th stage. Given the speed at which the community sets and achieves each milestone, keeping an eye on the project and what it hopes to achieve is best. Essential details of its performance and data about the trending cryptos are covered in the post.
1. Mog Coin (MOG)
MOG appears to be the outlier, occupying the space between the memecoin and utility crypto. According to the disclaimer on its website, the project is said to offer no intrinsic value. However, there are claims it now has a bridge between the Ethereum and the Bitcoin chain through the MultiBit. The platforms permit deployment of the MOG token on the BRC20 network, providing a 2-way bridge.
In the last 24 hours, perhaps due to the recent debut on the BRC20 network, MOG saw a surge in price, accounting for a 27% increase today. Likewise, trading volume increased by nearly 250%, signifying its growing popularity. The trend with its data is also coming on the back of its increasing number of holders, which is now nearing 6250. Plus, that number went up by about 2% today.
🔸MOGB, the culture coin on eth bridged to #bitcoin, is powered by MultiBit
🔸bridge MOG on https://t.co/5prAYGOgux @MogCoinEth pic.twitter.com/NSPBYxERAU
— MultiBit (@Multibit_Bridge) February 11, 2024
Also, it might be best to record that MOG’s market cap is rising to about $27.49 million today. With its current trend, it might have crossed the $30 million market before the end of the new week. Suffix to state that MOG has been on an uptrend since August, and it’s amassed over 320%.
2. SatoshiVM (SAVM)
SatoshiVM is having a great day in the market today, with gains of over 10% in the last 24 hours and a trading volume of over $4 million. The sudden rise to stardom may be due to the recent decision to offer rewards to testnet participants, as the current trend for the SAVM has not always been fair. Many are dissatisfied with its overall performance.
Is SatoshiVM a rug project, as some currently believe? There are speculations that the SAVM token was distributed to influencers who would dump it on other traders. However, the claims are unsubstantiated. Nevertheless, the SAVM chart has been trending downward since appearing on the trending list.
🌽 Wen Distro? 🌽
NFTs will be distributed to qualifying testnet users on the same date as our alpha mainnet launch.Expected to release in Q1. Stay tuned for more updates.
— SatoshiVM (@satoshivm) February 9, 2024
Sadly, it ought to have been a reverse case. All things being equal, growing visibility should have resulted in commensurate growth value. SAVM has lost over 59% of its value in the past month, a trend that indicates probable churn by holders.
Above all, there’s a need to research the token before adding it to a watchlist or investment portfolio. Investors likely continue to see the SAVM token ranking high on the trending list for most of the coming days due to the ongoing testnet reward.
3. Casinu Inu (CASINU)
Anyone following the news and trends in the crypto market, especially on DEXTools, must have come across the Casinu Inu token. It appeared on the top trending list for many days of the past week and also numbers among today’s trending tokens.
The project got its name from the recent writing of Vitalik Buterin, the founder of the Ethereum chain. In his letter dated January 30, it is said that he hinted at a name for a meme token, and a team picked up the cue and came up with the CASINU project.
https://twitter.com/Casinu_Inu/status/1756025519353504101
Surprisingly, the token has quickly become a sensation. However, its growing visibility is not converting to price action, as the token has lost over 59% of its value since its launch. However, it is making a comeback with over 137% increase in price in the last 24 hours. And its trading volume also rose by a whopping 124% today.
In addition, CASINU’s market cap is nearly at the $1.5 million market, its liquidity grew to about $174k, and the holders near 1.9k. What most investors are interested in at the moment is how the token will perform onward. In contrast, given its recent date, it’s hard to say.
4. Cassie Dragon (CASSIE)
Cassie Dragon earns its name from the popular show Dragon Cassie. The project attracts a pleasant reception among degen investors as it has consistently made the top trending list on DEXTools for many days in the past week.
Also, today, it ranks as one of the trending tokens, with gains closing to over 340% in the last 24 hours. Its trading volume also crossed the $500k mark today, and its market cap reached $950k.
Moreover, the project also has amassed over 4.5k holders as of the time of writing, indicating the prospect of future growth for the project. Investors might see CASSIE on the gainers and trending list for now based on its solid fundamentals and growing community.
What Might Be The Next Top Trending Crypto?
Bitcoin Minitrix just launched stage 25 of its presale after it crossed the $10 million round. What this means is that more people are getting on board the vision. Ideally, it’s unsurprising that investors hedge their bet with the BTCMTX token. The project’s fundamentals make it one with the potential for future benefits. With the launch of the new stage, investors can purchase the token at a discounted price of $0.0134.
Just 4 more days until Stage 25 of #BitcoinMinetrix comes to an end! ⏳
How are transactions selected to be included in a block for mining? pic.twitter.com/vchxgB3tT5
— Bitcoinminetrix (@bitcoinminetrix) February 11, 2024
There’s growing interest in the democratized digital infrastructure, and the Bitcoin Minetrix aims to democratize the mining industry. With a focus on mining Bitcoin with cloud computing technology, BTCMTX has the potential to become a participant in the emerging DePIN industry.
Even though the project has not described itself as a core player in the DePIN sector, it has a higher chance of benefiting from the wave. More importantly, BTCMTX holders also have the upcoming Bitcoin halving to capitalize on, as the industry’s attention is currently aimed at the trends leading to the event.
Visit the Bitcoin Minetrix presale.
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