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The crypto prices continue to range after the sudden dump of the weekend. Apparently, the value of coins and tokens across the board seeks to consolidate and rebalance before the next direction is fully decided. Earlier today, the market saw BTC trading at about $57k, and it retraced to the $56k price level, which it maintained until the time of writing.
At the same time, top trending cryptocurrencies on the Solan chain have also seen some impressive price movements, thanks to the influx of funds from investors. Tokens in the meme coin category apparently dominate the ecosystem. Today’s post delves into the details of price performance on the chain.
Top Trending Cryptos On Solana Chain
More recently, investment interest has apparently returned to the meme coin sector. Upcoming cryptocurrencies in the sector are showing immense strength and potential for sustainable growth. The Meme Games is one of the upcoming projects in the sector, and this post explores the presale offering of the project’s native cryptocurrencies.
1. CatDog (CATDOG)
One of the trending tokens on DEXToday is the CATDOG token. The project gives a new twist to the battle between the Doge meme tokens and the cat mascot tokens. The project features a conjoined Dog and Cat mascot, showcasing its unbiased interest in the two extremes.
According to the project’s website, the project is building a bridge between the Doge School and the Cat School in the crypto world. However, the project is not affiliated with the CatDog cartoon; rights belong to Nickelodeon.
The Catdog project is gradually gaining popularity, with over 28,000 holders, according to its Solscan data. The growing visibility of the Catdog token has earned it a spot on the gainer’s list today, posting about a 50% price increase.
DEXTools price data reports the current price of the token at $0.00073564834. Also, the token has a market cap of $72.24 million, a circulating supply of 99.99 billion and a liquidity rating of $858.42.
Starting the day with a stretch and some sun$CATDOG pic.twitter.com/r9LKm01Bc2
— CATDOG 🐱🐶 (@catdog_meme) August 7, 2024
The project price action depicts the possibility of further upside due to the visible upward trending chart arrangement. The momentum depicted by the candle further shows that investors might see further price expansion of the CATDOG token in the coming weeks. Thus, investors can watch the trend of CATDOG in the coming weeks for more price data and evolution.
2. Ginnan the Cat (GINNAN)
Ginana The Cat is up by nearly 106% today. The token, which sport dubs itself Doge’s cat brother, is showing impressive upside potential. Currently, Ginnan is priced at $0.00000951, and it is among the top trending cryptocurrencies on Solana Chain today.
According to DEXTools records, Giannan is currently valued at $71.35 million, and its circulating supply is pegged at 6.9 trillion tokens. Moreover, the market is reportedly traded over $70 million worth of the token today, thanks to its trending status and the return of investor interest to memecoins.
The project leverages the popularity of Dogecoin to achieve market appeal, and it’s garnered over 10 thousand holders,, according to DEXTools data. Its growing visibility might help the token achieve further traction as a technical analysis of its chart shows the potential for further upside.
The project recently broke out of the resistance at the $0.00000860 level and might continue to push towards more highs in the coming days. However, the overall outlook of the crypto market at the moment appears bearish, which may influence the future performance of the token. It’s best to include the GINNAN Token on the watchlist to track how its price evolves over the coming days.
3. TIM WALZ (WALZ)
The Tim Waltz project is one of the new additions to the politically-motivated crypto lineup. The project adopts the name of a former Governor of Minnesota. Tim Waltz is praised as an exemplary leader with a heart that cares for the people.
The project is the brainchild of TIM Waltz’s ex-campaign manager in 2018. He created the project and movement as a way to immortalise the governor and give his supporters a crypto community to belong to.
WALZ made the list of one of the top trending cryptocurrencies on Solana today after it amassed gains of over 150% in the last 24 hours. The increase brings the price of the token to $0.0007463. The project also recorded a substantial increase in trading volume in the early hours of the day, reaching nearly double its market cap.
At the time of writing, WALZ has a market cap of over half a million dollars. Nevertheless, the current price action of the token shows that it would likely sustain its status as one of the top gainers and trending cryptos for the coming weeks. Keeping a watch on price as it evolves. It would be a beneficial move for investors. Moreover, the success of the MAGA coin could offer a context for the potential of the WALZ coin.
What Might Be The Next Top Trending Crypto
The Meme Games project reinforces the fun spirit of the degen’s inventing philosophy. It imitates the layout of the ongoing Olympic games to showcase the strength and agility of existing meme coin projects.
Some of the athletes on The Meme Games lineup in its comic Olympics include some of the pioneering projects in the meme coin category. It has DOGE as the oldest participant in the sector. It equally sports PEPE as the king and a host of other meme coin projec,ts including recent ones like BRETT.
Early investors in The Meme Games investors have a chance to win up to a 25% bonus before the September launch, as stated on the project’s Presale website. Specifically, the project will go live on the 10th of September 2024. Thus, investors who intend to participate in the project’s presale should take quick action to avoid missing out on the discounted price.
Besides the presale discount and bonus, investors are also offered a chance to participate in the MEME Games competition to earn an additional 25% bonus. Participants can find the full guide highlighting how to participate in the competition on the project’s website.
One more benefit offered by the project is the Striking opportunity. Investors coming early into the project can participate in the Staking offer to increase the earning potential of their assets.
Data available on the website shows that investors have staked over 16 million MGMES tokens so far on the website. Investors can find further details about the MGMES token and the project on its website and official Twitter handle.
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