Search Inside Bitcoins

Top Trending Crypto Coins on DEXTools – Joe Coin, SPACE ID, XY Oracle

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

Joe Coin JOE
Joe Coin JOE

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

The cryptocurrency market is experiencing a marginal downturn. It now has a market cap of $1.42 trillion, indicating a 1.51% decrease over the last day. The top-trending cryptocurrencies on DEXTools are doing their best to remain afloat for the rest of the year.

Bitcoin continues to maintain its dominance, currently standing at 52.03%, reflecting a slight increase of 0.03% over the day.

Market analysts observe this minor decline in the global crypto market as part of the normal fluctuations within the volatile crypto sphere. Bitcoin’s incremental increase in dominance hints at a potential sentiment shift towards the leading cryptocurrency as investors recalibrate their positions amid market movements.

As the market navigates these fluctuations, traders and investors remain vigilant, monitoring Bitcoin’s dominance and other key metrics for potential shifts that could shape the broader crypto landscape in the near term.

Asian stocks surged on Thursday, marking their most robust performance in 10 months, fueled by an optimistic outlook regarding global interest rates and promising signs of economic recovery.

Anticipation for higher openings prevailed in Europe and Wall Street, with FTSE and E-mini futures for the S&P 500 index climbing approximately 0.1% each.

At 0507 GMT, the MSCI Asia-ex-Japan stocks index (.MIAPJ0000PUS) recorded a 0.1% increase, tallying a 6.9% gain for the month, positioning it for its most impressive monthly performance since January.

In the Asian region, Hong Kong’s Hang Seng Index (.HSI) rebounded to register a 0.1% increase, while China’s primary CSI300 Index (.CSI300) surged by as much as 0.24%. This occurred despite the release of underwhelming Chinese manufacturing data on Thursday.

The manufacturing survey indicated a second consecutive monthly contraction in manufacturing activity for November, with a faster decline, signaling the potential necessity for increased government support to bolster growth in the world’s second-largest economy.

Top Trending Crypto Coins on DEXTools

Global stock markets encountered struggles on Wednesday following a robust month fueled by expectations of the Federal Reserve reaching its peak rates. Additionally, a decline in the dollar and U.S. bond yields eased financial conditions.

November witnessed a more than 60 basis point drop in ten-year U.S. yields, marking the most significant monthly decline since late 2008.

Although U.S. central bank officials delivered mixed messages on Wednesday, investor attention remained fixed on statements made by Fed Governor Christopher Waller the day prior. Waller, known for his influential and previously hawkish stance, hinted at the possibility of rate cuts if inflation continues to ease in the coming months.

1. Joe Coin (JOE)

JOE (JOE) is presently valued at $0.383200, marking a slight 0.27% increase in the last 24 hours and a modest 1.22% rise over the past week. The 24-hour trading volume stands at $6.66 million, reflecting stable activity within the JOE market. With a circulating supply of 340 million JOE tokens, the coin holds a market capitalization of $130.68 million.

JOE price chart

The highest recorded price for JOE sits at $5.09, documented on November 21, 2021, roughly two years ago. The current price lags significantly, showing a 92.50% decline from its all-time high. On the other end, the lowest price ever paid for JOE was $0.02658814, observed on August 11, 2021, over two years ago. Remarkably, the current price represents a substantial surge of 1,335.48% from its all-time low.

Within the last 7 days, JOE has marked a 1.10% increase, outpacing the overall growth of 0.60% in the global cryptocurrency market. However, when compared to similar cryptocurrencies within the Avalanche Ecosystem, JOE trails behind, as its peers recorded a 5.80% increase during the same period.

The community sentiment towards JOE remains overwhelmingly bullish, with more than 100% of users expressing optimism regarding the coin’s performance today.

Although JOE demonstrates a marginal upward trend and positive community sentiment, its current price still significantly trails its all-time high. Compared to its Avalanche Ecosystem peers, JOE has displayed slightly subdued performance despite the positive momentum observed in the broader cryptocurrency market. Investors and analysts closely monitor these trends as JOE navigates its position within the crypto landscape.

2. SPACE ID (ID)

SPACE ID (ID) is currently valued at $0.295493, experiencing a substantial 13.54% surge in the last 24 hours and a 20.40% increase over the past week. The 24-hour trading volume stands impressively high at $1.50 billion, indicating robust activity within the SPACE ID market. With a circulating supply of 290 million ID tokens, the coin boasts a market capitalization of $84.15 million.

ID price chart

The highest recorded price for SPACE ID stands at $1.03, documented on April 17, 2023, just 8 months ago. Presently, the current price marks a 71.16% difference from its all-time high. In contrast, the lowest price ever paid for SPACE ID was $0.171112, noted on October 19, 2023, roughly a month ago. The current price demonstrates a robust 74.19% surge from its all-time low.

SPACE ID (ID) has exhibited outstanding performance within the last 7 days, marking a 21.40% increase. This performance surpasses the overall global cryptocurrency market’s growth of 0.60%. Furthermore, SPACE ID outpaces its peers compared to similar cryptocurrencies within the Ethereum Ecosystem, which have shown a 12.70% increase during the same period.

The sentiment surrounding SPACE ID remains predominantly bullish, with over 80% of users expressing positive sentiments regarding the coin’s performance today.

SPACE ID’s remarkable surge in price, coupled with enthusiastic community sentiment, highlights growing momentum and confidence in the coin’s potential. This surge positions SPACE ID as an active participant in the cryptocurrency space, garnering attention and interest among traders and investors alike. Analysts continue to closely monitor SPACE ID’s trajectory, considering its performance against market dynamics and peer comparisons within the Ethereum ecosystem.

3. XY Oracle (XYO)

The current price of XYO Network (XYO) stands at $0.00779742, showcasing a staggering surge of 99.28% within the last 24 hours and an impressive 97.10% surge over the past week. The 24-hour trading volume has reached $21.83 million, indicating a flurry of activity within the XYO market. With a circulating supply of 14 billion XYO tokens, the network’s market capitalization stands at $119.69 million.

XYO price chart

XYO Network peaked at $0.081391 on November 06, 2021, around two years ago. Currently, the price is trailing significantly, marking an 89.38% difference from its all-time high. In contrast, the lowest recorded price for XYO Network was $0.00009672, registered on March 13, 2020, over three years ago. The current price reflects an extraordinary surge of 8,837.59% from its all-time low.

In the last 7 days, XYO Network (XYO) has showcased exceptional performance, boasting a remarkable 97.10% increase. This outperforms the overall global cryptocurrency market, which has grown by 0.60%. Additionally, compared to similar cryptocurrencies within the Ethereum Ecosystem, XYO Network has outpaced its peers, which have shown a 12.70% increase during the same period.

The sentiment surrounding XYO Network remains overwhelmingly bullish, with more than 90% of users expressing a positive outlook regarding the coin’s performance today.

XYO Network’s unprecedented surge in price, coupled with an enthusiastic community backing, signifies a heightened level of interest and confidence in the network. This surge solidifies XYO Network’s position as a prominent player in the cryptocurrency landscape, garnering significant attention among traders and investors. Analysts and investors continue to closely monitor XYO Network’s trajectory, considering its exceptional performance amidst market dynamics and peer comparisons within the Ethereum ecosystem.

What Might Be The Next Top Trending Crypto?

Bitcoin Minetrix (BTCMTX) stands out as another cryptocurrency poised for potential exponential growth in 2024, primarily owing to its distinctive Stake-to-Mine attribute.

This unique feature enables users to stake BTCMTX, the native token within the ecosystem, to accrue cloud mining credits.

These accumulated credits can then be utilized to acquire mining power, enabling users to mine Bitcoin virtually and subsequently receive recurring rewards.

Beyond this, users can stake their BTCMTX tokens and earn yields of up to 132% annually, offering a dual-earning mechanism that holds promise for sustained long-term benefits.

While Bitcoin Minetrix remains in its presale phase, interested investors can acquire BTCMTX tokens during the ongoing stage, allowing them to participate in its growth trajectory.

Visit Bitcoin Minetrix.

Read More

Most Trending Cryptocurrency

New Crypto Mining Platform - Bitcoin Minetrix

Rating

Bitcoin Minetrix
  • Audited By Coinsult
  • Decentralized, Secure Cloud Mining
  • Earn Free Bitcoin Daily
  • Native Token On Presale Now - BTCMTX
  • Staking Rewards - Over 50% APY
Bitcoin Minetrix

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

Read next