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Several crypto coins trend daily, and DEXTools captures many of them. We go a step further to highlight and analyze the assets. Consider our previous top trending cryptos list.
Nevertheless, the crypto market and trends are not isolated. Global inflation affects consumer prices, and this development might seep into the crypto market and shake up things on CEXs and DEXs.
The upcoming week is expected to be more eventful for global markets, with a critical focus on releasing the latest monthly inflation data for the United States scheduled for Wednesday. Economists anticipate that the report will reveal a 3.6% year-on-year increase in consumer prices for August.
Inflation had risen, reaching over 9% in the previous year’s summer, but it has been gradually moderating since then. However, the concern is that achieving the Federal Reserve’s 2% inflation target may become increasingly challenging. Recent solid economic indicators have caused unease in the market as they might encourage continued spending by U.S. households, thereby giving companies the incentive to raise prices further. This dynamic could hinder the quest for lower inflation rates.
Most Trending Crypto Today – Top List
What we have here are the most trending crypto projects on DEXTools. These tokens score highly on the platform, and this is a marker for potential.
We present a carefully selected list of the most popular cryptocurrencies currently trending on DEXTools. Within this list, we offer various options for potential investors to explore.
1. Red Hot Cock (RHC)
In cryptocurrency and decentralized finance (DeFi), RED HOT COCK stands out as a transformative force reshaping how we think about financial transactions. This innovative platform utilizes the power of blockchain to reconstruct traditional payment systems.
$RHC OFFICIAL LINKS
Website: https://t.co/nPHaZ6QomU
Twitter: https://t.co/UgppMLKWwL
Chart: https://t.co/0kawneoTM8
Ca: 0xB0D40389275F4428541b2C0eBC37717dFc4B33Dc #RedHotCock pic.twitter.com/fwgfNvv0mT
— ʳᵉᵈ ʰᵒᵗ ᶜᵒᶜᵏ (@RedHotCockcom) September 9, 2023
Through a clever combination of fiat-pegged stablecoins and a novel algorithmically stabilized reserve currency called RHC, RED HOT COCK opens the door to programmable payments. Red Hot Cock creates an open, accessible financial infrastructure. It is a trending crypto on DEXTools today.
As of December 2020, it has achieved impressive milestones, facilitating over $299 billion in transactions and serving a vast user base of over 2 million individuals. Join us as we dive into the world of innovation and impact that RED HOT COCK brings to the financial ecosystem.
The trading volume of RED HOT COCK (RHC) over the last 24 hours has been quite significant, reaching approximately $4,053,166. This volume represents about 430.10% of its current market capitalization, indicating a relatively high level of trading activity within the past day. Such substantial trading activity can show increased interest and participation in the RED HOT COCK market.
2. Thumper (THUMPER)
Thumper, with a history dating back to December 2020, has made significant strides in cryptocurrency. Over this period, it has facilitated an estimated $299 billion in transactions, serving more than 2 million users. In this exploration, we will delve into the intricacies of Thumper, one of the most trending crypto coins, and discover how it is poised to revolutionize financial transactions as we know them. Join us on this journey into the world of Thumper, where innovation knows no bounds.
Thumper represents a decentralized financial payment network with a mission to revolutionize conventional payment systems through the transformative potential of blockchain technology. Thumper’s unique approach involves the strategic integration of fiat-pegged stablecoins, all anchored by its reserve currency, aptly named “thumper.” The outcome of this innovative fusion is a seamless ecosystem for programmable payments and the development of an open financial infrastructure that has the potential to redefine the way we conduct transactions.
3. PAAL AI (PAAL)
What adds to the intrigue of PAAL is its native token, PAAL AI, which operates on the Ethereum blockchain. This token introduces unique incentives for its holders, including profit sharing and token buybacks. These mechanisms have been thoughtfully designed to boost token demand and enhance its price, ensuring a rewarding experience for those engaging with it. PAAL AI has positioned itself as a compelling player in the cryptocurrency landscape, offering technological prowess and enticing benefits for its community of users.
PAAL isn’t your run-of-the-mill chatbot; it’s a cutting-edge AI and machine learning-driven solution meticulously crafted to streamline tasks typically requiring human intellect. This innovative chatbot stands out due to its exceptional cognitive capabilities, encompassing natural language understanding, image recognition, decision-making, and problem-solving. These remarkable features place it squarely among the top trending coins in the crypto space.
#PAAL Fam ! 👋
We discovered another PAAL AI feature on @CoinStats news, thanks to the PAAL bot. Make sure you try it for yourself! 👨💻 https://t.co/Oe2VeOJ7TQ
The beta testing form for Paal-X will be released tomorrow. Ensure your notifications are on and be ready to sign up…
— PAAL AI 🧠🤖 (@PaalMind) September 9, 2023
4. Metal Tools (METAL)
The liquidity score for METAL stands at 0, which suggests that its market may have limited liquidity, potentially contributing to price volatility. Furthermore, the cryptocurrency rating, as assessed by the BeInCrypto community, is currently rated at 0, reflecting the sentiment and evaluation of the token within the broader crypto community.
Break down on $PHATT
Initial Call at 2.3K Market Cap
Unrealized PNL ROI by Metal Tools Auto Trader 2: 1510%
Realized PNL ROI by Metal Tools Auto Trader 3: 712% pic.twitter.com/1lcBOjLh5K
— Metal Tools (@FullMetalTools) September 9, 2023
METAL also maintains a dedicated Twitter account with a following of 5.2K followers. This social media presence is a platform for updates, announcements, and engagement with the METAL community.
While METAL may not boast a high market capitalization or a substantial circulating supply, its recent price dynamics and active trading volume make it a cryptocurrency of interest for those closely following the crypto market.
Metal Tools (METAL) is a digital asset gaining traction in cryptocurrency. With a current value of $0.03 per token, it presents an affordable option for potential investors. Over the last 24 hours, METAL has displayed notable price volatility, with a significant change of 27.836%. This value appreciation makes it one of the cryptocurrencies currently trending.
Regarding market capitalization, METAL is currently valued at $0, which positions it within the cryptocurrency rankings. Notably, no METAL coins are in circulation, but it maintains an average daily trading volume of $524.2K, indicating an active trading community and investor interest.
What Might Be The Next Top Trending Crypto?
The success of the WSM meme coin isn’t solely attributed to the virality of its meme community; it’s the nature of the community itself that sets it apart. Comprising investors, traders, and business leaders, many deeply involved in meme coins, the Wall Street community’s engagement is a game-changer. Even tech mogul Elon Musk has interacted with its posts, indirectly boosting the project’s hype through his involvement.
A deeper dive into the meme coin market reveals that the token launch is poised to eclipse the presale in significance. The recent surge in FOMO (Fear of Missing Out) during the WSM presale, which led to the swift achievement of the $25 million milestone, has prompted an extension of the presale at a fixed price of $0.0337 before the token’s scheduled exchange debut in September. In essence, the importance of the presale goes beyond its surface appearance.
Some classic and new meme stocks have staged a comeback since July. Here are three names that could prove dangerous for short sellers. $MEME @TheStreet https://t.co/Oe6Dfpv4eP
— Wall Street Memes (@WStreetMemes) August 9, 2023
With the token listing just around the corner, anticipation is set to reach new heights in the coming days. WSM is widely speculated to follow in the footsteps of Pepe, translating the influx of investments into a substantial price surge during its initial exchange listing. This surge could range from 25X to 30X.
Considering the momentum generated during the presale phase, WSM might surpass Pepe’s remarkable 7000% surge. It stands tall as the next cryptocurrency expected to experience explosive growth.
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