Top Trending Crypto Coins on DEXTools

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The cryptocurrency market has shown significant gains today, with DEXTools showcasing numerous top-trending coins that have garnered substantial trading interest. This current market situation aligns seamlessly with our earlier report.

This development may present a challenge for certain coins striving to establish their presence on platforms like DEXTools. The list of trending cryptocurrency pairs on DEXTools has maintained its stability, mainly owing to the overall market’s steadiness in relation to the most popular and sought-after cryptocurrencies.

Economists at Westpac have revised their expectations, now anticipating a further increase in Australian interest rates in November. This adjustment comes in the wake of unexpectedly high inflation figures, and it marks the latest bank to shift its previous steady outlook.

Westpac’s Chief Economist, Luci Ellis, has indicated that the Reserve Bank of Australia (RBA) is now leaning towards raising its cash rate by a quarter point to 4.35% at the upcoming meeting scheduled for November 7. This shift represents a departure from her previous prediction of a stable interest rate outlook.

1. SpongeBob (SPONGE)

The SpongeBob (SPONGE) coin has had impressive performances for the past 30 days. Right after its launch, SPONGE went on to claim a substantial part of the memecoin market share. At the time of this report, SpongeBob (SPONGE) sells at $0.0001069, followed by a 24-hour trading volume of $435,080. However, it reflects a slight decline of 0.63% in the last 24 hours. Note that SPONGE has increased by 16.90% in the past seven days and by 14% over the previous fourteen days.

Delving into SpongeBob’s historical performance, its all-time high (ATH) occurred when it reached $0.0009277 on May 10, 2023, approximately six months ago. In comparison, the current price is 88.46% lower than this peak.

Conversely, the all-time low (ATL) for SpongeBob (SPONGE) was recorded at $0.00008794 on October 14, 2023, a mere 12 days ago. Presently, the price has surged by 21.72% from its lowest point.

For those interested in the fully diluted valuation (FDV) of SpongeBob (SPONGE), it stands at $4.31 million. This figure serves as a statistical representation of the maximum market capitalization, assuming all 40 billion SPONGE tokens are currently in circulation. However, it’s important to note that depending on the emission schedule of SPONGE tokens, it may take several years before the FDV is realized.

Sounds about right 👍 $BTC #SPONGE #Web3 #Crypto #Airdrop pic.twitter.com/MlCiy1J9xo

— $SPONGE (@spongeoneth) October 26, 2023

Comparing Sponge’s price performance to its peers, it’s evident that, in the last seven days, SpongeBob (SPONGE) has exhibited a 16.90% increase. While this is slightly below the global crypto market’s 17.00% rise, the asset has outperformed similar cryptocurrencies within the Ethereum Ecosystem, which have seen a 12.70% increase.

The market’s outlook on SpongeBob (SPONGE) is notably bullish, with over 100% of users expressing a positive sentiment and expecting it to become the most trending cryptocurrency.

2. dog (DOG)

Today, the price of the dog (DOG) token stands at $0.001604, with a 24-hour trading volume of $1.39 million. This signifies an astonishing 198.73% price surge in the last 24 hours, with further gains observed over the past week. It’s worth noting that data pertaining to DOG’s

Looking back at DOG’s price history, its all-time high (ATH) was achieved at $0.001717 a few minutes before this report. In comparison, the present price is only 3.94% lower than this recent peak.

The fully diluted valuation of the token is $180 million. This figure serves as a statistical representation of the maximum market capitalization, assuming all 1 billion DOG tokens are currently in circulation. However, it’s crucial to bear in mind that the realization of FDV may take several years, depending on the emission schedule of DOG tokens.

#ProofOfDog will soon replace your national passport pic.twitter.com/ttYDYOPe8v

— dog (@dog_erc) October 26, 2023

The market sentiment on the DOG is currently bullish, with over 95% of users expressing a positive sentiment about its current performance. Interested traders and investors are advised to proceed with caution. Nevertheless, DOG may shoot to be a top trending cryptocurrency soon.

3. Proof of Anon (PRF)

Proof of Anon (PRF) has seen a price surge of 66.99%, taking it to $0.1843 in the last 24 hours. The asset had a 24-hour trading volume of $496,770. PRF also had a substantial gain of 80.9% in the past week. This value increase rate sets PRF up to become one of the most trending cryptocurrencies in a matter of time.

Reflecting on Proof of Anon’s price history, the all-time high (ATH) was attained at $0.207536 on October 8, 2023, just 18 days ago. In comparison, the current price is slightly lower, with a decline of 13.82% from this peak.

Conversely, the all-time low (ATL) for Proof of Anon (PRF) was documented at $0.0708 on October 4, 2023, approximately 22 days ago. Presently, the price has seen a substantial upswing, marking a 152.68% increase from its lowest point.

The asset’s fully diluted valuation is $1.99 million. This figure provides a statistical representation of the maximum market capitalization, assuming all 10 million PRF tokens are currently in circulation. Nevertheless, it’s essential to recognize that the realization of FDV may require multiple years, contingent upon the emission schedule of PRF tokens.

https://twitter.com/proofofanon/status/1717261048451858499?s=20

When comparing Proof of Anon’s price performance to its peers, it becomes evident that, in the last seven days, PRF has displayed a 45.30% increase. This performance surpasses the global cryptocurrency market’s 16.80% rise and outperforms similar cryptocurrencies within the Ethereum Ecosystem, which have experienced a 12.70% increase.

Regarding market sentiment, the community’s outlook on Proof of Anon (PRF) is remarkably bullish, with more than 100% of users expressing optimism about its current performance.

What Might Be The Next Top Trending Crypto?

Meme Kombat (MK) is causing quite a stir in the blockchain gaming arena, as its presale surpasses the $700,000 milestone and races toward $1 million. This innovative platform operates on the Ethereum Network, merging the beloved world of memes with captivating online battles, offering players a one-of-a-kind fusion of entertainment and rewards.

Still buying 💪🚀 pic.twitter.com/3gIWkx5RGa

— Meme Kombat (@Meme_Kombat) October 26, 2023

In Meme Kombat, players take command of meme-inspired characters locked in virtual duels propelled by artificial intelligence, promising an unpredictably thrilling gaming encounter. Impressively, Meme Kombat boasts an active community of more than 3,000 fighters in their Telegram group, indicating a growing engagement in the project.

One distinctive aspect that sets Meme Kombat apart is its integrated betting feature. Players can utilize their MK tokens to place wagers on these digital clashes. Notably, this not only results in additional tokens but also brings forth extra rewards, elevating the gaming experience to new heights.

Moreover, Meme Kombat introduces two distinct betting options. The first is Player-vs-Game Betting, enabling players to bet on specific in-game events with predefined odds, injecting an element of strategy and anticipation. The second option, Player-vs-Player Betting, typically involves higher stakes and offers even more substantial rewards, appealing to those seeking a more thrilling challenge.

Beyond staking, the platform extends an opportunity for its community to engage in token staking. This feature empowers users to earn passive income with an impressive annual percentage yield (APY) of over 112%, creating an enticing incentive for participation.

Visit Meme Kombat.