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Bitcoin has recently set multiple records as it climbs closer to the highly anticipated $100,000 price level. On Tuesday, Bitcoin hit a new all-time high of $89,950, raising its market cap to $1.787 trillion. This valuation places Bitcoin above silver, making it the eighth most valuable asset globally.
At the same time, Bitcoin saw a notable milestone in trading activity, reaching $145 billion in daily turnover. Meanwhile, tokens across other chains are printing gains. This article curates the most trending coins on GeckoTerminal.
Trending Coins on GeckoTerminal
DOGE is trading at around $3.0156 on Raydium, showing a substantial 1,416% increase over the past 24 hours. Meanwhile, BABYBTC is priced at 0.0008373, marking a 2.79% rise within the same period. The FRED token has also seen notable growth on Raydium and is now valued at $0.1066.
Pepe Unchained recently completed a successful presale in the meme coin sector, raising $27.5 million—a strong entry into the market. PEPE’s current price is $0.00001789, reflecting a 36.61% increase over the last day. Additionally, BlackRock is expanding its tokenized money market fund to the Polygon network.
1. Department of Gov Efficiency (DOGE)
DOGE is trading at around $3.0156 on Raydium, increasing by an impressive 1,416% over the last 24 hours. In that period, trading volume reached $89.31 million across 116.24 thousand transactions, reflecting a significant rise in market interest and activity.
The day opened at approximately $3.1243, with the high reaching $3.1249 and the low dropping to $2.5064. The price sits lower at $2.7445, marking a 12.16% decrease from the opening price. Early on, the chart showed limited volatility, with smaller, consistent candles.
However, around 6:00 AM, a sharp upward spike occurred. This sudden increase suggests a potential breakout or major buy orders entering the market. The rally peaked close to the $5.0 mark before a reversal, indicating the price may have faced resistance or strong selling pressure.
2. Baby BitCoin (BABYBTC)
BABYBTC is trading at 0.0008373, reflecting a 2.79% increase over the past 24 hours. Trading volume has reached $1.67 million across 12,215 transactions, showing active participation among traders.
The price has experienced various shifts over recent hours. In the last hour alone, the value rose by 2.85%. However, it declined by 11.68% over six hours before regaining 2.79% over the past day. During this time, the price opened at approximately 3.1243, hitting a high of 3.1249 and a low of 2.5064. The current price is 2.7445, marking a 12.16% decrease from the opening.
#BTC roaring 🦁 #BabyBtc will
Follow pic.twitter.com/3XZYV98UtC— Baby Bitcoin $BABYBTC (@BabyBitcoinBTC) November 13, 2024
Regarding trend and volatility, price fluctuations were initially minor, with smaller candles indicating relatively low volatility through the early hours. Around 6:00 AM, there was a sharp upward spike, likely fueled by large buy orders and increased volume. The rally pushed the price close to 5.0 but quickly reversed. This may have been due to selling pressure or traders taking profits after the sudden rise.
Trading volume spiked in line with the price jump, suggesting a surge in buying interest. Once the peak passed, volume began to taper, which may indicate a wait-and-see approach by some market participants.
3. First Convicted RACCON (FRED)
The FRED token is showing a significant increase in value on Raydium, currently trading at $0.1066. This represents a 327.89% gain over the past 24 hours. Trading activity is also up, with a 24-hour volume of $80.76 million spread across 70,574 transactions.
FRED opened at approximately 3.1243 and reached a high of 3.1249. The low during this period was 2.5064, with the latest price at 2.7445. This marks a 12.16% drop from the opening price.
The chart initially reflects a period of low volatility, characterized by smaller and tighter price movements in the early hours. Around 6:00 AM, however, the price experiences a sharp spike. This surge in price aligns with a notable increase in trading volume, suggesting a potential breakout or a wave of large buy orders. The rally takes FRED close to the 5.0 level before reversing, indicating the rise was likely unsustainable or met by selling pressure.
4. Pepe Unchained ($PEPU)
Pepe Unchained has recently raised $27.5 million in its presale, marking an impressive debut in the meme coin space. This quick fundraising pace is driven by staking rewards, investor interest, and the project’s focus on Layer 2 blockchain technology.
The staking options offered by Pepe Unchained are a significant attraction for early investors, with an annual yield of 89% for those joining the staking pool. However, this high yield is expected to taper as more participants enter, potentially decreasing the returns.
Priced at $0.01269 before its decentralized exchange listing, the token is available for purchase on the project’s website using Ethereum (ETH), Binance Coin (BNB), Tether (USDT), or credit cards. The ease of purchasing options and a low initial price have contributed to heightened interest among buyers, including some high-value investors. Recently, a prominent investor bought 4.6 million $PEPU tokens, equivalent to about $63,000, signaling interest from the so-called “whales.”
Pepe Unchained’s Layer 2 blockchain, known as Pepe Chain, sets it apart from other meme coins. Designed to address Ethereum’s slow transaction speeds and high fees, Pepe Chain aims to provide faster, more cost-effective transactions. This technical feature could appeal to users frustrated by Ethereum’s limitations, particularly in the meme coin trading space.
In addition to technical improvements, Pepe Unchained has plans to expand its ecosystem through a developer grant program called “Pepe Frens with Benefits.” Expected to start in Q4 2024, the program will offer grants to developers building applications on Pepe Chain, aiming to strengthen the ecosystem and increase $ PEPU’s utility.
Another notable aspect of Pepe Unchained is the “Pump Pad,” a tool allowing users to create meme coins without requiring coding knowledge. With built-in anti-rug features to prevent liquidity removal, the Pump Pad provides added security for users.
5. Pepe (PEPE)
PEPE is priced at $0.00001789, reflecting a 36.61% increase over the past 24 hours. The 24-hour trading volume is reported to be $62.03 million, with 2,924 transactions taking place.
The recent price movement shows notable volatility. The price rose steadily around noon on the 13th, followed by a sharp spike. It climbed from about $0.00001300 to nearly $0.00001900. This increase in cost was accompanied by a significant rise in trading volume, which suggests that there was heightened interest in the market, possibly driven by large buy orders.
The price faces resistance near the $0.00001900 level. A red candle indicates sellers may have started taking profits or reacting to the peak. Before this price surge, the support level appeared to be around $0.00001300, where some consolidation had occurred.
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