{"id":589088,"date":"2024-10-19T16:34:00","date_gmt":"2024-10-19T16:34:00","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=589088"},"modified":"2024-10-19T16:34:00","modified_gmt":"2024-10-19T16:34:00","slug":"most-trending-cryptocurrencies-on-ethereum-mudbone-motherlode-baby-kabosu","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/most-trending-cryptocurrencies-on-ethereum-mudbone-motherlode-baby-kabosu","title":{"rendered":"Most Trending Cryptocurrencies on Ethereum \u2013 MUDBONE, Motherlode, Baby Kabosu"},"content":{"rendered":"

Institutional investors are increasingly directing funds toward Ethereum (ETH) due to its prominent role in decentralized finance (DeFi), stablecoins, and tokenization. As a well-established blockchain with continuous development, Ethereum is emerging as a key element in the long-term strategies of institutional investors.<\/span><\/p>\n

Although newer platforms like Solana and Sui are gaining popularity, Ethereum’s dominance in critical applications positions it as a strong contender for long-term investment. According to Bitwise CIO Matt Hougan, Ethereum remains the sole viable choice for major institutions seeking exposure to a public blockchain platform. Hence, This article curates the <\/span>most trending cryptocurrencies on Ethereum<\/a>.<\/p>\n

Most Trending Cryptocurrencies on Ethereum<\/b><\/h2>\n

MUDBONE is currently valued at $0.0000004, with a market capitalization of $193.24K. Meanwhile, Motherlode (MOTHERLODE) is priced at $0.000163, with a market cap of $170.19K. Baby Kabosu, a cryptocurrency inspired by the Doge meme, has a current price of $0.000163 and a market cap of $50.64K. <\/span><\/p>\n

The Flockerz (FLOCK) presale, which began in early September, has attracted notable interest, raising over $836,000 so far. Additionally, <\/span>Bitcoin<\/span><\/a> has surged by 9%, marking its best weekly performance in more than a month.<\/span><\/p>\n

1. MUDBONE (MUDBONE)<\/b><\/h3>\n

MUDBONE is currently priced at $0.0000004, with a market cap of $193.24K. Over the past 24 hours, the token has seen a significant trading volume of $70.02K, marking a notable 13,966.09% intraday price rise. The total circulating supply of MUDBONE stands at 420.69B coins, which also represents its maximum supply.<\/span><\/p>\n

At the beginning of the observed period, MUDBONE was priced at 0.064002 and has since risen to 0.064593, reflecting a short-term increase of 14.75%. The price ranged between 0.064002 (low) and 0.064593 (high), showing steady growth. Recent market data suggest a bullish trend is emerging, with increased momentum following earlier price fluctuations.<\/span><\/p>\n

\"MUDBONE<\/p>\n

The token’s trading volume reached 1.129K, indicating substantial market participation. Notably, the rise in volume coincided with the price increase, which suggests that buying interest is driving the upward movement. In contrast, during periods of price decline, trading volume was lower, implying that selling pressure lacked significant strength.<\/span><\/p>\n

Furthermore, the chart initially showed a downtrend, with early red candles indicating some selling pressure. However, these declines were minor and were followed by small green candles, signaling market uncertainty. Between 02:00 and 06:00, the price consolidated with minimal movement, indicating a balance between buyers and sellers. <\/span><\/p>\n

2. Motherlode (MOTHERLODE)<\/b><\/h3>\n

Motherlode (MOTHERLODE) is currently priced at $0.000163, with a market capitalization of $170.19K. Over the past 24 hours, the trading volume has surged to $1.43M, representing a significant 4,274.83% increase in activity. The circulating supply of MOTHERLODE coins is 1.00B out of the total maximum supply of 1.00 B.<\/span><\/p>\n

\"MOTHERLODE<\/p>\n

Looking at the MOTHERLODE\/USD chart in a 15-minute timeframe from DEXTools.io, several key trends can be observed. The price initially opened at $0.0001679 and gradually rose to the current price of $0.0001754, reflecting a 4.47% increase. Throughout this period, the highest price point recorded was $0.0001754, while the lowest reached $0.0001706. After an earlier decline in price, there are now signs of stabilization, with a slight upward recovery beginning to emerge.<\/span><\/p>\n

In terms of trading volume, certain segments of the chart display strong activity. For instance, volume peaked at 635 units during the early part of the session, indicating heightened market participation. However, as the price started to decline—particularly between 01:30 and 04:30—there was a notable increase in volume, signaling significant selling pressure. As the price began to stabilize in the latter part of the chart, trading volume decreased, which suggests that traders are being more cautious and waiting for clearer market signals.<\/span><\/p>\n

3. Baby Kabosu (BabyKabosu)<\/b><\/h3>\n

Baby Kabosu, a cryptocurrency inspired by the well-known Doge meme, is currently valued at $0.000163, with a market cap of $50.64K. Its 24-hour trading volume has recently surged to $758.74K, with a notable 1,670.50% price increase. The coin has a circulating supply of 420.69M, which matches its total supply, suggesting no new coins are expected to enter circulation.<\/span><\/p>\n

The price opened around $0.0001054 but has since decreased to $0.0001042, marking a slight 1.16% decline. Over the observed period, Baby Kabosu’s price fluctuated between a high of $0.0001054 and a low of $0.00009844. This price movement points to a general downtrend, with no strong signs of recovery at this time.<\/span><\/p>\n

\"BabyKabosu<\/p>\n

In terms of trading volume, the activity remains moderate, with participation recorded at 735. While this indicates market interest, it is not substantial enough to drive significant price changes. As the price has dropped, volume levels have also decreased. This decline in volume suggests reduced selling pressure; however, the overall sentiment continues to lean bearish.<\/span><\/p>\n

Moreover, early volatility is evident, with both buying and selling pressure visible. After 07:00, a series of consecutive red candles highlight a consistent downward movement. Although there are occasional green candles and brief consolidation phases, these lack the strength to reverse the negative trend.<\/span><\/p>\n

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Top #4 Daily Gainers at Dextools pic.twitter.com\/GLRLRAs3qL<\/a><\/p>\n

— $BABYKABOSU (@BabyKabosuETH) October 18, 2024<\/a><\/p><\/blockquote>\n