Top Trending Crypto Coins on DEXTools

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The cryptocurrency market is currently experiencing a period of relative turmoil. Global economies are presently marked by various challenges that cause them to struggle with inflation.

While the battle against inflation rages on, the trending cryptocurrencies on DEXTools provide valuable insights into investor spending capacity. While many newcomers in the cryptocurrency space are seeking diversification opportunities, the percentage gains they once enjoyed appear to be tapering off.

Some long-standing cryptocurrencies are also maintaining stability by a comfortable margin for now. They join the list of top trending coins flashing on DEXTools’ leaderboard today.

Sadly, increased interest rates, an increasing sense of risk among investors, and the substantial accumulation of debt in recent years have caught many developing economies in a web of debt crises. Addressing this pressing issue will be a top priority on the agenda at the upcoming annual meetings of the IMF and World Bank, set to be held in Marrakech, Morocco, next week.

1. Oozaru Vegeta (VEGETA)

A new cryptocurrency, Oozaru Vegeta (VEGETA), made its debut on the market scene on Tuesday. It has quickly seen a robust initial day of trading as traders welcomed it the way they would welcome most newcomers. VEGETA surged by more than 200%, as reported by DEXTools.

At the time of this report, the token boasts a market capitalization of approximately $406,900. It has garnered a holder base of over 300 while having a 24-hour trading volume of $1.40 million.

Despite having only two alerts in its token contract, as reported by the DEXTools security audit, investors are advised to exercise caution, as the token’s liquidity, amounting to nearly $200,000, remains unlocked.

Irrespective of its current circumstances, VEGETA holds the promise of a prospective top-trending cryptocurrency. Investors may want to give the new token the benefit of the doubt.

2. SPX6900 (SPX)

While the crypto market is volatile, the SPX6900 (SPX) token has made a remarkable ascent, surging by 17.91% in the last 24 hours. This surge has made it one of the first five on DEX Tools, coinciding with a broader intra-day tightening of the SPX index.

This surge also comes when the dominant traditional financial market index grapples with significant risks and uncertainties. Blockchain activities are quickly seizing the opportunity presented by the markets to try to consolidate. The aptly named SPX6900, a meme-inspired homage to the SPX ticker, has captured the attention of cryptocurrency traders who are enticed by the prospect of outperforming the traditional financial markets dramatically.

Sometime last week, the 24-hour change in SPX6900 surpassed the annualized return of the S&P 500, and its technical structure indicates that SPX6900 shows few indications of decelerating.

SPX also saw a minor retracement after its initial rise last week. It dipped to sell at $0.005623. But in a show of strength and the capacity to become the most trending cryptocurrency, SPX now trades at $0.01313.

This advance follows a remarkable multi-month ascent by SPX6900, which initially made its debut on August 16, witnessing an astonishing 450,000% surge in its first week alone.

In the subsequent month, the price of SPX6900 displayed significant volatility, with daily price fluctuations ranging as high as +/- 60%.

Despite the inherent risk associated with such price swings, the cryptocurrency has still managed to attract significant market interest. This suggests that the market appetite for a continued explosive rise remains strong.

3. KIZUNA (KIZUNA)

KIZUNA is a DeFi token running on the Ethereum blockchain. The project has gotten significant attention from investors since its launch. It has, thus, demonstrated substantial growth in a short time, as evidenced by its current liquidity pool valued at $70,920.

This token has circulated for just one day, yet it has already made substantial strides in the market. Presently, the KIZUNA token is valued at $0.000000002912, boasting a robust 24-hour trading volume of $1.15 million. Over the past day, KIZUNA has surged by an impressive 67.00%, reflecting its upward trajectory. As of now, the market capitalization of KIZUNA stands at $2.91 million.

In the last 24 hours, KIZUNA reached its lowest price point at $0.000000001240 and its highest at $0.000000004024. The fast rate of its recovery shows that there is a lot more to this new coin, and it will be a trending cryptocurrency in no time.

May $KIZUNA serve as a symbol of our shared aspirations and the foundation upon which we weave our collective destiny. https://t.co/owqgnCqgSL pic.twitter.com/1CbooPS5uB

— Kizuna (@KizunaToken) October 4, 2023

Interested KIZUNA traders and investors can get it on Uniswap and through any other recommended swap platforms. As the token continues to gain traction, its performance in the DeFi landscape is worth monitoring.

What Might Be The Next Top Trending Crypto?

Meme Kombat (MK) is now the preferred choice for traders seeking to diversify their investments. It became necessary after seeing the decline of some assets, such as PEPE, over the past few months. The energy investors have put into it puts MK on the path of the most trending cryptocurrency.

Unlike some memecoins that do not have any real utility, Meme Kombat introduces a unique blend of gaming, gambling, and community engagement. It has now evolved into a comprehensive Web3 ecosystem.

Meme Kombat presents various avenues for users to earn rewards. Staking MK tokens enables users to participate in AI-powered meme battles featuring iconic characters like DOGE, SHIB, and Pepe the Frog. According to Meme Kombat’s staking dashboard, this arrangement promises stakers a yield of 112% annually.

Furthermore, Meme Kombat holders have the opportunity to win significant prizes by predicting the winner in these games, with rewards paid out in MK tokens.

To ensure a sustainable pool of incentives for long-term engagement, Meme Kombat has allocated 30% of the total MK supply for staking and battle-related rewards.

Not really sure how else to put it? #MemeKombat pic.twitter.com/qmUIGRgcWx

— Meme Kombat (@Meme_Kombat) October 3, 2023

The platform’s credibility receives an added boost from a smart contract audit conducted by Coinsult. The audit firm found no issues with the platform. This audit enhances user confidence in the platform’s trustworthiness.

These key features have generated substantial excitement surrounding Meme Kombat’s limited-time presale, which seeks to secure $1 million. Impressively, the presale has already amassed over $260,000 while offering prospective investors the opportunity to acquire MK tokens at $1.667 each.

With Meme Kombat’s roadmap outlining plans for significant exchange listings once the presale concludes, investor interest is poised to grow further.

Visit Meme Kombat.