The crypto landscape is rife with mixed trends. First of all, Bitcoin continues to push for a new ATH. On the other hand, many small-cap cryptocurrencies establish themselves as noteworthy assets and appear on the market. List of the main disadvantages of cryptocurrencies on DEXTools several times during the previous week.
As the new week progresses, the market sees new trends with Cassie Dragon, Mog Coin and SatoshiVM leading less than some trending tokens to follow.
Top Trending Cryptocurrencies on DEXTools
Additionally, Bitcoin Minetrix is entering stage 25 of its pre-sale after raising a pretty impressive amount in its stage 24. Given the speed at which the community is establishing and achieving each milestone, it’s best to keep an eye on the project and what it hopes to achieve. Essential details of its performance and data on trending cryptocurrencies are covered in the post.
1. Mog Coin (MOG)
MOG seems to be the outlier, occupying the space between memecoin and utility cryptocurrency. According to the disclaimer on its website, the project is said to offer no intrinsic value. However, there are claims that it now has a bridge between Ethereum and the Bitcoin chain through MultiBit. The platforms enable the deployment of the MOG token on the BRC20 network, providing a bi-directional bridge.
In the last 24 hours, perhaps due to the recent debut on the BRC20 network, MOG saw an increase in price, representing a 27% increase today. Likewise, the trading volume increased by almost 250%, indicating its growing popularity. The trend in its data is also due to its growing number of holders, which is now approaching 6,250. Additionally, that number is up about 2% today.
🔸MOGB, the cultural currency in eth linked to #bitcoinworks with MultiBit
– MultiBit (@Multibit_Bridge) February 11, 2024
Furthermore, it would be better to record that MOG’s market capitalization is increasing to around $27.49 million today. With its current trend, it could have crossed the $30 million market before the end of the new week. Suffix to indicate that MOG has been in an uptrend since August and has accumulated more than 320%.
2. SatoshiVM (SAVM)
SatoshiVM is having a great day on the market today, with gains of over 10% in the last 24 hours and trading volume of over $4 million. The sudden rise to stardom may be due to the recent decision to offer rewards to testnet participants, as the current trend for SAVM has not always been fair. Many are not satisfied with its overall performance.
Is SatoshiVM a carpet project, as some currently believe? It is speculated that the SAVM token was distributed to influencers who would dump it to other traders. However, the claims are unsubstantiated. However, the SAVM chart has been trending downward since it appeared on the trends list.
🌽 Wen distribution? 🌽
NFTs will be distributed to qualified testnet users on the same date as our alpha mainnet launch.
It is expected to launch in the first quarter. Stay tuned for more updates.
– SatoshiVM (@satoshivm) February 9, 2024
Unfortunately, it should have been the reverse case. All things being equal, the increasing visibility should have resulted in proportional growth in value. SAVM has lost more than 59% of its value in the last month, a trend that indicates a likely rotation of holders.
Above all, you need to research the token before adding it to a watchlist or investment portfolio. Investors will likely continue to see the SAVM token high on the trending list for most of the next few days due to the ongoing testnet bounty.
3. Casino Inu (CASINÚ)
Anyone who follows the news and trends in the cryptocurrency market, especially on DEXTools, must have come across the Casinu Inu token. It appeared on the top trending list for many days last week and is also among the current trending tokens.
The project owes its name to a recent writing by Vitalik Buterin, the founder of the Ethereum chain. In his January 30 letter, it is said that he hinted at a name for a meme token, and a team followed up and came up with the CASINU project.
– Casino Inu 🎲🐶 (@Casinu_Inu) February 9, 2024
Surprisingly, the token has quickly become a sensation. However, its increasing visibility is not translating into price action, as the token has lost over 59% of its value since its launch. However, it is making a comeback with a price increase of over 137% in the last 24 hours. And its trading volume also increased today by a whopping 124%.
Furthermore, CASINU’s market capitalization is close to the market of $1.5 million, its liquidity grew to approximately $174 thousand, and holders are close to $1.9 thousand. What most investors are interested in right now is how the token will perform in the future. On the contrary, given its recent date, it is difficult to say.
4. Cassie Dragon (CASSIE)
Cassie Dragon is named after the popular show Dragon Cassie. The project attracts a pleasant reception among degen investors as it has consistently been on the top trending list on DEXTools for many days in the past week.
Furthermore, today it ranks as one of the trending tokens, with gains that closed at more than 340% in the last 24 hours. Its trading volume also surpassed the $500,000 mark today and its market capitalization reached $950,000.
Furthermore, the project has also accumulated over 4.5 thousand headlines at the time of writing, indicating the future growth prospect of the project. Investors could see CASSIE on the winners and trends list for now based on its strong fundamentals and growing community.
What could be the next trending cryptocurrency?
Bitcoin Minitrix just launched the 25th stage of its pre-sale after crossing the $10 million round. What this means is that more people are joining the vision. Ideally, it is not surprising that investors hedge their bet with the BTCMTX token. The fundamentals of the project make it one with potential for future benefits. With the launch of the new stage, investors can purchase the token at a discounted price of $0.0134.
There are only 4 days left until Stage 25 of #BitcoinMinetrix comes to an end! ⏳
How are transactions selected to be included in a block for mining? pic.twitter.com/vchxgB3tT5
—Bitcoinminetrix (@bitcoinminetrix) February 11, 2024
There is growing interest in democratized digital infrastructure and Bitcoin Minetrix Its objective is to democratize the mining industry. Focusing on Bitcoin mining with cloud computing technology, BTCMTX has the potential to become a participant in the emerging DePIN industry.
Although the project has not described itself as a central player in the DePIN sector, it has a greater chance of benefiting from the wave. More important, BTCMTX Holders also have the upcoming Bitcoin halving to capitalize on, as industry attention is currently focused on trends leading up to the event.
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