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Every day, numerous cryptocurrencies experience trending movements, and DEXTools diligently captures these shifts. What sets us apart is our commitment to not only identifying these assets but also highlighting and thoroughly analyzing them. Take a look at our recent top-trending coins.
However, it’s essential to recognize that the crypto market and its trends do not exist in isolation. Global inflation and conflicts have far-reaching impacts on consumer prices, and this dynamic could permeate the cryptocurrency market, stirring activity on both centralized exchanges (CEXs) and decentralized exchanges (DEXs).
The South African Rand made modest gains against a relatively subdued Dollar in early Wednesday trading. The Rand’s performance is likely to be guided by global developments due to the absence of domestic economic data, according to analysts.
The Rand traded at 18.9950 against the US Dollar, marking a more than 0.2% increase from its previous close at 19.0275.
Meanwhile, the US Dollar was experiencing a slight dip of around 0.02% against a basket of international currencies. The US Treasury yields, having retreated from their recent highs observed on Monday, provided significant relief to global markets, as noted by RMB.
Top Trending Crypto Coins on DEXTools
With no significant local economic data on the horizon until the release of producer price inflation figures on Thursday, the South African Rand’s performance is expected to remain closely linked to broader global factors. South Africa’s benchmark 2030 government bond maintained stability in early trading, with the yield holding at 10.675%.
1. ROBIN HOOD (HOOD)
Robin Hood (HOOD) is currently trading at $0.0001946, experiencing an impressive 130.4% price surge within the past 24 hours. The 24-hour trading volume for HOOD is $1.30 million.
For those interested in acquiring Robin Hood (HOOD) tokens, decentralized exchanges provide a platform for trading. Uniswap V2, in particular, is a popular choice for buying and trading Robin Hood. The HOOD/WETH trading pair on Uniswap V2 has displayed significant activity, with a trading volume of $1.30 million in the last 24 hours.
The total liquidity for Robin Hood (HOOD) amounts to $240,033. It’s important to note that with this level of liquidity, holders of HOOD tokens should exercise caution as price fluctuations can be substantial. At the same time, the current momentum could be sustained such that HOOD rises to become the most trending cryptocurrency in a short time.
https://twitter.com/HoodRobinETH/status/1716877021501141358?s=20
The fully diluted valuation (FDV) for Robin Hood (HOOD) is calculated at $1.95 million. This figure represents a statistical estimate of the maximum potential market capitalization, assuming that the maximum number of HOOD tokens are currently in circulation.
2. Lockheed Martin Inu (LMI)
The current price of the new Lockheed Martin Inu (LMI) token stands at $0.004502. It has also seen substantial trading activities in the last 24 hours, with a volume of $3.76 million. Impressively, LMI has surged by 41.62% during this brief timeframe. It’s important to note that Lockheed Martin Inu has a maximum supply of 1000 million tokens.
Lockheed Martin Inu (LMI) operates with the intriguing motto, “Dropping Love Bombs.” This enigmatic phrase underscores the dynamic and ever-evolving nature of the crypto space. The phase is also fascinating to the demography of young traders who will build the community to make LMI a top-trending cryptocurrency.
While investing in Lockheed Martin Inu might initially appear complex, the process is significantly streamlined when you opt for cryptocurrency exchanges. Registering on a cryptocurrency exchange platform opens the door to buying, selling, and holding Lockheed Martin Inu, utilizing both fiat currency and other cryptocurrencies. Some of the well-known cryptocurrency exchanges for Lockheed Martin Inu include Poloniex, Uniswap (V2), and Uniswap (V3).
thirst twap the coins higher imo
There is no onlyOwner, i love you
– Lujan
Sponsored by Lockheed Martin Inu™️ pic.twitter.com/exoZ7i72hd
— LockheedMartinInu (@LMI_erc) October 25, 2023
However, it’s crucial to exercise caution and verify the token address if you intend to engage in trading Lockheed Martin Inu (LMI) on decentralized exchanges (dex). This vigilance is essential to protect against potential scams and ensure a secure trading experience.
3. Banana (BANANA)
The Banana (BANANA) token is witnessing a rise today, according to Dextools. It currently stands at $7.29, accompanied by a 24-hour trading volume of $2.24 million. This reflects a 10.84% increase in the price over the last 24 hours, although the past seven days have seen a more encouraging 17.22% increase. With a circulating supply of 8.1 million BANANA tokens, the market capitalization for Banana rests at $17.61 million.
Decentralized exchanges offer a platform to trade and acquire BANANA tokens. Among these, Uniswap V3 (Ethereum) is the most popular choice for buying and selling the BANANA token. The most active trading pair, BANANA/WETH, has registered a trading volume of $4,010.45 in the last 24 hours on this exchange.
The all-time high for Banana (BANANA) stands at an impressive $122.48, a milestone reached on October 6, 2021, around two years ago. In comparison, the current price represents a 99.88% decrease from this historical peak.
Conversely, the all-time low for Banana (BANANA) was $0.125117, recorded quite recently on October 14, 2023, merely 11 days ago. The current price reflects an 18.72% increase from this recent low point.
Approvals on the Banana Router are safu.
Safety is our top priority. Be careful out there, degens! 🍌
— Banana Gun 🍌🔫 (@BananaGunBot) October 24, 2023
In the past seven days, Banana (BANANA) has shown a price increase of 17.20%. This is higher than the global cryptocurrency market’s overall increase of 14.70%. It also outperforms when compared to similar cryptocurrencies within the Polygon Ecosystem, which have displayed no change in the same period.
Community sentiment surrounding Banana (BANANA) remains optimistic, with over 100% of users expressing positivity and optimism about the asset today. This strong community support can influence the asset’s move to be sustained as a top-trending cryptocurrency.
What Might Be The Next Top Trending Crypto?
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Notably, yPredict has already made a mark by securing $4.47 million in its presale, making substantial progress toward its $4.58 million target. Each YPRED token is priced at $0.1.
This innovative platform operates on the Polygon Matic chain, relying on the utilization of YPRED tokens, which serve various functions within its ecosystem. A standout feature is the yPredict prediction marketplace, where financial data scientists can present their predictive models as a subscription service.
Central to yPredict’s mission is its emphasis on price prediction and data-driven insights. The prediction marketplace allows financial data scientists to offer their predictive models for a subscription fee.
Traders, in turn, can subscribe to these models using YPRED tokens, gaining access to valuable trading signals and forecasts. This unique setup enables data scientists to sell their predictive models without the need to manage trading operations or seek out a market for their models.
YPRED tokens play a pivotal role within this ecosystem. Token holders can leverage them to analyze various cryptocurrencies, gaining access to data-driven insights that facilitate well-informed trading decisions. Moreover, YPRED tokens can be staked in high-yield staking pools, differing from traditional staking pools by sourcing liquidity from 10% of each new user’s YPRED deposit.
yPredict transcends mere price prediction, offering an expansive array of analytical tools. These encompass pattern recognition, which automatically identifies and alerts traders to various chart patterns, accompanied by a confidence score based on recent performance.
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