Top Trending Crypto Coins on DEXTools - HOBO THE BEAR, Pepe Clown, MongCoin

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The crypto market might be experiencing a bit of a slow moment today. Some global economic factors have sent national economies sprawling downward helplessly. Some of them include the United Kingdom, Turkey, and parts of the Eurozone. Inflation rates made it necessary for them to rate interest rates at regular intervals.

While economic policies are yet to resolve the problems of inflation, the trending cryptos on DEXTools are also revealing the spending capacity of investors. Although many new cryptocurrencies are gaining as investors try to diversify, their gain percentages seem to drop a bit. Some old-timers are also just holding steady by a tiny thread.

Nevertheless, if cryptocurrency were to stand alone without external influence, one would say the market is doing well today. All assets still show considerable promise amidst the imbalance. We will examine some of the most trending cryptos today.

1. HOBO THE BEAR (HOBO)

HOBO is selling now at 2.98 Macedonian Denar. The token has risen by 27.15% over the last hour also. Its market capitalization is at $272,602 while its trade volume in the last 24 hours is $5 million. There is a total market supply of 8.89 million units of the token too.

According to the project website, Hobo The Bear is now coming out of its crypto hibernation. It says the Bear is finally sick and tired of scraping the bottom. So anyone who wishes to end the epidemic of homeless bears should step up to buy some HOBO tokens.

The description above can only mean that the cryptocurrency is now ready to take its place in the market. It is now inviting investors to join the HOBO community to boost the position of the coin.

The utility of the HOBO token is not known yet but it may not be too far from regular memecoins. It will require the strength of a powerful community as we have seen around others. Investors who wish to be part of the new Hobo The Bear movement should hurriedly get some for themselves.

2. Pepe Clown (PPC)

Pepe Clown is a newborn token that has just appeared on the crypto scene. According to the project description on DEXTools, PPC’s thought is that it is the most popular memecoin. It has now appeared and it is set to take the joke to a new height.

Memecoins have a reputation for skyrocketing when they hit the market afresh. This presents a unique opportunity for investors to quickly get ahead early. Sensitive investors have been able to increase their crypto worth and expanded their portfolios with memecoins.

The actual PEPE coin caused great excitement in the market some weeks ago. The coin rose from its introductory stage to more than 7000% within a few days. PPC is an imitation of the PEPE token and investors may want to give it the same run they gave PEPE.

The coming days will reveal what direction the market will take. But you should not wait to see that direction before investing in it. Buy now while the price hasn’t risen by 7000%.

Hot Pairs on DEXTools

3. MongCoin (MONG)

MongCoin is currently a low-risk investment according to InvestorsObserver. It is a system that calculates the amount of funds required to change the asset’s price in the course of the last 24 hours. It also assesses the trading volume and market cap to find out if it can be manipulated when there are low trading activities around it.

The risk gauge for MONG indicates that it is a low-risk asset now. Those who will find this gauge relevant to them are portfolio managers. This category of people weighs risk assessments when they try to avoid risky assets and investments.

MONG currently sells for $0.00000002247 while it is up by 35.07% today. The price level is in tandem with the increased trading volume which is now above $12 million and the market capitalization which is above $13 million. The low price volatility in relation to its market cap and volume gives MONG that low-risk status.

The summary is that MONG’s price trajectory in the course of the last 24 hours cements its status as a low-risk asset for investors to buy. Take advantage of its position now to increase your portfolio’s strength.

4. Arbitrum (ARB)

Offchain Labs has said Arbitrum, an Ethereum L2 network, has released a new tool for developers. It said the tool makes developing applications will because easier for developers with the new release.

Called the “Obit framework,” it contains tools for launching development networks. It launched “Orbit” earlier in the year as a tool to build L3 blockchains.

The Orbit chains are, according to Arbitrum, the deployable and configurable forks of the Arbitrum L2 stack. It is also tightly connected to the L2 chain. The chains are tied directly to users’ specific needs and use cases.

L3 networks are usually called AppChains. They are also most times secured by L2 and they incorporate the security trust of an underlying Ethereum L1 network. They are capable of hosting single-distributed apps. With Arbitrum Orbit, then, developers will be able to build blockchains in tandem with their specific needs.

Investors will benefit from ARB as a result of these developments that promise to build the network beyond its current state. The utility of its token will also increase because more developers will use the network and more apps will be built on it.

5. Synapse (SYN)

Synapse is a widely-used secure and extensible cross-chain network used for communication. Its protocol is used by developers to build cross-chain apps.

The platform is made up of a cross-chain messaging system as well as an economically safe means of reaching an agreement on the validity of transactions. This helps developers to build actual native apps that work across different blockchains.

The Synapse Bridge was built on the cross-chain infrastructure. This helps users to transfer assets from one blockchain to the other with ease. The bridge has become popular in asset movement across blockchains. It also offers cheap transaction fees, it is fast and safe.

What Might Be The Next Top Trending Crypto?

As always, we will go beyond the realm of what’s trending on DEXTools and take a pick at what’s going on with some presale assets. They have been doing amazingly well since they began. As a matter of fact, the market did not envisage that some of these presales will be sold out before their scheduled end. But here we are.

Now we want to examine the latest result of one of the most outstanding crypto projects on presale, DeeLance.

As observers may already and for the benefit of those seeing this for the first time, DeeLance plans to bring disruptive progress into the growing global gig economy. It wants to leverage the power of blockchain technology, its security, and transparency to make working better for freelancers.

The project’s presale has now raised more than $1.4 million. This goes a long way to show the platform’s capability of revolutionalizing the nature of work and the trust investors have in it to pull the idea through.

To make the experience way smooth and launch into the future, DeeLance says it will also build a metaverse powered by NFTs. it is a place where freelancers will be able to connect with their prospective employers. This will eliminate every need for intermediaries like Upwork and Fiverr. Freelancers will also be free of the burdens attached to using those platforms such as excessive fee payment.

DeeLance is also addressing copyright issues by tokenizing the gig career. It, therefore, creates a safe platform for employers and freelancers alike. The project has gotten lots of attention from institutions like Bitgert. This highlights its potential and its ability to really influence the freelance market.

Investors who like to be part of those who shape the future of work have an opportunity to be part of this.

Visit DeeLance.