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Clearly, the crypto market is in a consolidation phase, and it’s too early to pick a winning side, whether it is bulls or bears. Investors fear that the crypto bulls might capitulate in the coming weeks as the price of BTC makes more attempts to break below the $60 price level.
However, while the market awaits a defined trend, this post compiles the top trending cryptocurrencies on DEXTools today to give investors insight into what to expect in the coming weeks.
Top Trending Crypto Coins on DEXTools
It also covers the presale offering of the popular meme coin project, The Meme Games. The project recently launched the presale offering of its crypto token. Below is a guide on all that investors need to know about the MGMES token and the project.
1. Kamala Harris (KAMALA)
With the United States election fast approaching, investors are seeing many politically motivated meme crypto projects surface across the market. One of the recently launched cryptos in the category is the HARRIS token. It’s a meme coin project that’s built around the name and personality of the 49th vice president of the United States.
With Harris assuming the role of the potential nominee for the Democratic Party, supporters are paying attention to finding ways to harness the power of cryptocurrency to drive visibility for her personality. Interestingly, the HARRIS token has performed excellently in that regard.
At press time, the token has over 3.5k Holders and has a market cap of about $13.36 million. Harris’ trading volume today is over $6 million, which is nearly half of its market cap, and it’s fast approaching the million-dollar liquidity as reported on DEXTools.
In just two days, Kamala Harris’s campaign has driven a massive increase in young voter registrations! 🌟 This momentum is unstoppable. Get on board with $HARRIS! 🥥🌴 #KHive #Harris2024 #HarrisForPOTUS https://t.co/YqzQ4GPerP https://t.co/U6SGnDOgEh pic.twitter.com/XC7CM3BXyU
— $HARRIS Token (@KamalaHarrisERC) July 24, 2024
The sheer thrills of the project’s market data show that the community and team are performing quite well at driving the project’s core values. In the end, HARRIS may transcend the election euphoria and grow into a more substantial meme project that contends with the likes of PEPE and other top-ranking meme coin projects.
2. Fight to Maga (MAGA)
The crypto market has seen several variations of the MAGA token. Usually, most popular Maga-centred projects are often built around the Trump brand, thanks to his pro-Bitcoin campaign. A new addition to the MAGA token trend is the Flight to MAGA token.
It made an appearance on the DEXTools trending list today after it posted over 50% price increase in the last 24 hours. The project, according to its website, is aimed at promoting motivation derived from an attempt to improve the life of the former president of the United States, Donald Trump.
It’s reported to have a market cap of about $6.5 million and a trading volume of $600k, which is significantly low, given its over 6 thousand holders. A quick look at FIGHT charts raises a question regarding its sudden pump, as the price of the assets has declined significantly since ATH a few days back.
Nevertheless, the growing competition among politically motivated projects may have resulted in the sudden visibility it’s attracted in the past 24 hours.
On the other hand, it’s hard to verify the ability of the project to hold its newfound rally, particularly as the meme sector has witnessed reduced liquidity in recent times. Investors looking at the FIGHT token should take adequate precautions to ensure mitigation against the overall volatility of the current market.
3. Onigiri (ONI)
Solana has dominated the meme crypto space in recent times thanks to its lower gas fees and faster network solutions. However, ETH remains the go-to chain when it comes to altcoins.
Onigiri is one of the Ethereum-based projects that made the DEXTools trending list today. The project posted over 100% price increase in the last 24 hours after a significant recovery from its price decline. The impressive price performance has put the new crypto project on several meme coin investors’ radar.
According to ONI’s website, it focuses on developing a community that thrives on vibrancy and a shared love of Fun. It claims that the project was inspired by the success of the Kabosu and Neiro projects, two of the popular projects that have topped the crypto market recently. ONI is described as the duo’s brother, sporting a cat mascot.
69 people have won a 25% bonus by picking $PEPE at the #MemeGames!
Coincidence or destiny? 🏆
Choose from 5 meme icons and you could score a 25% bonus on your $MGMES purchase if they win the race! 🔥
Join now! 👉 https://t.co/lbYNWg8iXr#Paris2024 #Presale #Crypto #Alts pic.twitter.com/q4Tdbzkpo5
— The Meme Games (@MemeGames2024) August 2, 2024
Despite being a new crypto project, ONI’s market data shows that it has a market cap of $3.6 million, a trading volume of $2.06 million, and a growing number of token holders. DEXTools reports the number of holders at 1.98, and the total supply of the token is reportedly capped at 420.66 billion, which is equal to the number of tokens in circulation.
The project’s market data shows that it has enough room for growth. However, there’s a need to increase the number of holders and drive further visibility for the project to improve its chance of sustaining its growth.
What Might Be The Next Top Trending Crypto
The Olympic season is another time for investors to enjoy fresh degening thrills as the event draws global attention. The Meme Games token capitalizes on the trend to give degen investors a moment to profit from the trend and equally join a community of like-minded individuals.
According to the project’s website, MGMES thrives on the spirit of the 2024 Olympics and allows investors to support their favorite meme coins. The majority of the popular meme tokens are featured on the list, including Pepe, WIF Brett, Turbo, etc.
69 people have won a 25% bonus by picking $PEPE at the #MemeGames!
Coincidence or destiny? 🏆
Choose from 5 meme icons and you could score a 25% bonus on your $MGMES purchase if they win the race! 🔥
Join now! 👉 https://t.co/lbYNWg8iXr#Paris2024 #Presale #Crypto #Alts pic.twitter.com/q4Tdbzkpo5
— The Meme Games (@MemeGames2024) August 2, 2024
The basic idea is to create a platform and network where memecoin lovers can share market insight and drive up the price of the native cryptocurrency on the project, MGMES.
The presale offering of the token is ongoing, and investors have a chance to participate in the presale for as little as $0.00915. The price represents the discounted offering influenced by the presale program.
However, the current discount would be lifted at the expiration of the current presale round in two days. While a new discounted value would be introduced, investors coming in later would have to pay more for the token.
The step-by-step guide on how to join The Meme Games presale is provided on the project’s website. Investors can also find further information and join the project’s community via its official Twitter handle. Additionally, there are links to other social media outlets on the project’s website to keep investors updated on the project’s progress.
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