Top Trending Crypto Coins on DEXTools

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The most trending coins in 2023 represent a treasure trove of untapped potential, and their current surge in popularity is far from coincidental. These digital assets are being driven by compelling factors propelling them upwards. By integrating these top trending cryptocurrencies into your investment portfolio, you can enjoy substantial asset growth.

However, it’s essential to remember that the cryptocurrency market is in a perpetual state of flux. Its dynamic nature means that trends can change rapidly, and fortunes can unexpectedly shift. It’s crucial to build a strong foundation of knowledge and conduct diligent research to navigate this ever-evolving landscape successfully. This is where DEXTools come in.

Asian stocks increased on Wednesday, with investors eagerly awaiting the Federal Reserve’s policy decision later in the day. Meanwhile, the yen remained near one-year lows against the dollar as Tokyo warned about potential interventions.

The Federal Reserve’s policy decision will take center stage on Wednesday, and the central bank is widely anticipated to maintain steady interest rates. Market observers will closely analyze comments from Fed Chair Jerome Powell to discern the future trajectory of interest rates and the expected duration of their elevated levels.

Erik Weisman, Chief Economist and Portfolio Manager at MFS Investment Management, suggested that the Federal Reserve keep the door open for potential rate hikes until the labor market significantly cools down and inflationary pressures subside.

1. TokenFi (TOKEN)

TokenFi (TOKEN) is poised to lead the global asset tokenization market, aiming to transform the crypto and asset tokenization process fundamentally. In its initial rollout, the platform will operate on five prominent networks, including Ethereum, BNB Chain, opBNB, Base, and Arbitrum, with plans for expansion onto additional blockchains.

TokenFi’s unique incentivization structure, designed to reward protocol usage based on daily activity, is anticipated to nurture a robust ecosystem that promotes ongoing user engagement and participation. The Floki team has announced that TokenFi is preparing to unveil a lineup of products in the fourth quarter of 2023. These will swiftly make TOKEN the most trending cryptocurrency when all is set.

TokenFi’s tokenomics are centered around the issuance of 10 billion TOKEN, thoughtfully divided into 5 billion on both Ethereum and BNB Chain. To facilitate early trading on Uniswap and PancakeSwap, 10% of the total supply is accessible. An equal distribution of 5% of the supply paired with liquidity provisioning on BSC and Ethereum results in an initial circulating market cap of $25,000 for each chain, culminating in a combined initial leaking market capitalization of $50,000.

SocialFi platform #Friend3 has integrated TokenFi as one of its donation tokens!

Supporting creators with crypto has never been easier thanks to the Friend3 platform, so $FLOKI is delighted to see its sister token, $TOKEN, as one of the available donation options.

Learn more👇 https://t.co/2l68Jzibhy

— TokenFi (@tokenfi) October 31, 2023

In anticipation of the Floki token’s release, measures have been implemented to minimize the impact of sniping activities. Tokens are distributed equally, and a 1% wallet cap during the first-hour post-launch fosters a more inclusive trading environment. Following the initial hour, the tax rate is reported to be reduced to 5%, with further adjustments to be determined by the DAO.

2. PEPEBEAST (PEPEBEAST)

PEPEBEAST (PEPEBEAST) is currently trading at a meager price of $0.00000000001384, and its 24-hour trading volume has reached a noteworthy $153,985. This translates to an astonishing 268.51% price surge in the past 24 hours and an even more impressive 2,535.38% increase over the last seven days. However, information about the market cap has yet to be available today, primarily due to the undisclosed circulating supply of PEPEBEAST tokens.

For PEPEBEAST’s historical performance, the cryptocurrency hit its all-time high of $0.000000000013054 today. On the flip side, the all-time low for PEPEBEAST was registered at $0.000000000000518989 on October 24, 2023. The current price reflects a substantial 2,415.32% increase from that record low.

In the context of its peers, PEPEBEAST has shown remarkable price performance, surging by a staggering 2,535.40% in the last week. This outpaces the global cryptocurrency market, which has increased by a comparatively modest 0.80%. Moreover, PEPEBEAST outperforms similar cryptocurrencies within the Ethereum Ecosystem, showing a collective growth of 12.70%.

The market sentiment surrounding PEPEBEAST today is predominantly bullish, with more than 100% of users expressing optimism about its prospects. Interested traders and investors may want to look at this asset, displaying the potential to become a top-trending cryptocurrency.

3. ROBIN HOOD (HOOD)

Robin Hood (HOOD) is currently priced at a modest $0.00008138, and its 24-hour trading volume stands at $27,860. This reflects an impressive 100.40% surge in the last 24 hours. Unfortunately, there is no available data on the market cap of Robin Hood today, mainly because the circulating supply of HOOD tokens is not disclosed.

The all-time high for Robin Hood (HOOD) was reached on October 27, 2023, at $0.00013704. In comparison, the current price is approximately 40.64% lower than this peak.

Conversely, the all-time low for Robin Hood (HOOD) occurred on October 28, 2023, with a price of $0.00002406. The current price reflects a substantial 238.09% increase from this lowest point.

Regarding price performance against its peers, Robin Hood (HOOD) has seen no change in the last seven days, making it underperform the global cryptocurrency market, which has risen by 0.80%. It also falls behind similar cryptocurrencies within the Ethereum Ecosystem, which have collectively witnessed a 12.70% increase.

https://twitter.com/HoodRobinETH/status/1717916217585848594?s=20

As for market sentiment, the community seems predominantly bullish, with over 66% of users expressing positive sentiments regarding Robin Hood (HOOD) today.

What Might Be The Next Top Trending Crypto?

While Launchpad XYZ may be a newcomer on the scene, its fusion of AI tools and utility-centric LPX tokens has piqued the interest of analysts and potential investors. Notably, the startup has secured over $1.95 million in its crypto presale and is charting a well-defined course for future developments. It serves as a prime illustration of the kind of enterprises that are shaping the landscape of AI crypto startups.

🎉 Milestone Alert! 🎉

$1.9 million raised and still climbing! Thank you for being part of our incredible journey 🚀

Curious about #Web3 and crypto? Join our community and discover the possibilities 💡

👉 https://t.co/ZUZaIKh5XC #LaunchpadXYZ #Crypto #Presale #Web3 pic.twitter.com/rnW2vf94sf

— Launchpad.xyz (@launchpadlpx) October 17, 2023

AI and cryptocurrency, each formidable in their own right, are gradually reshaping the contours of the conventional cryptocurrency market as they converge. Launchpad XYZ is one of several ventures seeking to establish a foothold in this evolving realm. The company’s emphasis on AI-driven tools and functionalities could offer insights into the trajectory of the AI crypto market. In the ongoing evolution of this field, industry observers are closely monitoring the contributions of startups like Launchpad XYZ to this transformative journey.