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At the time of this report, the crypto market is experiencing a 1.24% decline. This is the second day in a row that the market would see a downturn after more than a week of wins. The stock market and the imminent policy decisions over interest rate hikes from the US.
Investors and traders are carrying out their activities despite the market conditions as they wait for policy decisions.
DEXTools keeps highlighting the top trending cryptocurrencies in the market. Assets are being sold at a rather fast rate to show traders’ sentiment and how bullish they are. However, it looks like established assets are currently gaining more attention from all market players.
Meanwhile, Europe’s top trade chief, Valdis Dombrovskis, is scheduled to go on a four-day working trip to China. He will be advocating for reduced restrictions on European businesses. This visit will also feature discussions over difficult topics, especially over the planned EU inquiry into electric car imports.
Dombrovskis will participate in other economic and trade dialogues, engage with Chinese officials, interact with Chinese-based European companies, and deliver two keynote addresses during his trip. The trip begins on the 23rd of September and ends on the 26th. He will have events in both Shanghai and Beijing.
Most Trending Crypto Today – Top List
As far as the EU is concerned, the visit is a means of rekindling dialogue with China. It became necessary after witnessing the weight of pandemic-related economic disruptions. The EU is also concerned about Beijing’s deepening relationships with Moscow despite the ongoing war in Ukraine.
1. GOLD (GOLD)
The GOLD token was recently listed, and it has had a remarkable journey so far. It saw an astronomical surge of more than 28,000% from its listing price within a day. This has made GOLD the top trending coin on DEXTools.
Although the token’s price rose to an intraday height of $0.3225, it later retraced slightly while maintaining a substantial gain. While traders still seek entry points within a profitable buy zone, the 5-minute chart’s key moving averages show some levels of resistance that should be monitored.
At the time of this report, the 10 exponential moving average on the 5-minute chart is $0.1937. It is the first hurdle that the token price has to beat.
Furthermore, above this level, the 20 EMA at $0.1935 and the 50 EMA at $0.1927 are the next important exponential moving averages that are currently limiting further upward movement.
The fact that the GOLD Token is trading lower than these EMAs shows that there is high selling pressure at these levels.
https://twitter.com/GoldCoinETH/status/1704636247795490860?s=20
Traders contemplating new long positions or looking to augment existing positions should consider buying GOLD during pullbacks toward support levels.
The moving averages can also serve as potential areas to secure profits on long positions. On the other hand, a decisive breakthrough above the EMA levels would return the coin’s high percentage levels.
2. PogeX (POGEX)
PogeX (POGEX) is also one of the latest emergent sensations in the decentralized exchange space. The token displayed an astonishing 1,125% rally overnight. It gained the status of the most trending cryptocurrency when it stood at the top of DEXTools’ hot pairs list.
This exponential rise coincides with the increased DEX market volatility. The breakout of on-chain activity spurred the event during the summer of August. Note that this period has witnessed substantial growth for Telegram trading bots like Unibot and Blacksmith.
PogeX distinguishes itself as the first centralized exchange to focus primarily on memecoin spot and derivatives products. The platform firmly positioned itself as the next top trending cryptocurrency.
Selena Royf, a leading crypto influencer, is one of the major driving forces behind the PogeX token. He commands a huge presence in the memecoin space on Crypto Twitter with a following of more than 85 thousand people.
POGEX CEX for MEMECOINS official teaser 🔥 POGEX is only meme coin EXCHANGE that is built on AI technology. Team is working very hard and tirelessly back door ; We are the only memecoin that has utility. pic.twitter.com/rPhKFTcsLe
— Poge X (@pogexcoin) September 21, 2023
The PogeX token contract passed most audits, according to analysts. With that confidence, the project is set to unlock unprecedented growth. Although there is a 3% buy-sell tax, this is actually just the beginning for PogeX.
3. BlockBank (BBANK)
Blockbank is a meticulously designed and comprehensive crypto platform that is set to enrich user experience while it upholds the pillars of privacy, security, and decentralization. At its core, Blockbank aims to seamlessly bring together the best elements from centralized finance and decentralized finance realms on a single platform. It wants to achieve all of these while integrating the best Artificial Intelligence (AI) technologies to help users in their decision-making processes. The platform’s overarching goal is to expand its reach to a global audience, extending greater financial accessibility to individuals worldwide.
The Blockbank platform is structured around four key components, which are Centralized Custodial Wallet, Complete Banking Tech Stack Service, Non-Custodial Web3 Wallet, and Banking and True AI (Robo Advisory). All these focuses come together to make BBANK the top trending coin.
The dedicated team behind Blockbank, comprising founders, technicians, over 20 software engineers, and global stakeholders, aims to create an all-inclusive web and mobile application. This application seeks to empower its users with lots of financial opportunities.
At the heart of Blockbank is the BBANK token. It is built on the Ethereum (ETH) blockchain and adheres to the ERC20 token standard. BBANK serves as the key to accessing BlockBank services, augmenting user Annual Percentage Yields (APY), and earning interest on their tokens.
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BBANK tokens are the gateway to unlocking various features within the Blockbank platform. By using BBANK tokens, individuals gain entry to advanced functionalities, improved APYs, and in-app incentives. The platform users can boost their APY from 10% to 20% by holding BBANK tokens and accruing up to 10% APY on staked tokens, along with an additional BBANK bonus contingent on their tier level and the duration of the tokens’ lock-in period.
What Might Be The Next Top Trending Crypto?
There is a new memecoin in the market with the name Meme Kombat and the ticker MK. The presale launch has ignited considerable enthusiasm and managed to raise over $32,000 so far.
The $MK presale is officially live!
🚶Go to our site
🤝Join our Telegram
🫶Turn on notificationsIt's time to prepare for Kombat 🥷 pic.twitter.com/SrrnD6kwjm
— Meme Kombat (@Meme_Kombat) September 21, 2023
While many memecoins often lack inherent utility, relying solely on community backing for growth, Meme Kombat stands apart. It is a stake-to-earn coin that aims to provide users with an annualized percentage yield (APY), and it also introduces an intriguing competitive aspect.
At the heart of this innovation lies the Battle Arena, where participants can engage in head-to-head combats, directly wagering their MK tokens against fellow players in pursuit of rewards and the ultimate bragging rights.
The presale phase is currently underway, offering tokens at an accessible rate of $1.667. With the way things are going, MK will become the most trending crypto in no time.
While the crypto community is well-versed in the potential for substantial gains presented by memecoins and the rewards stemming from staking, Meme Kombat’s Battle Arena introduces a new concept for earning. This project combines artificial intelligence with blockchain technology. It, thus, culminates in a distinctive gaming experience. Players can immerse themselves in player-versus-player and player-versus-game showdowns, all with the interesting prospect of reaping substantial rewards.
Visit Meme Kombat.
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