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SUI, the native token of the Sui blockchain, has seen a significant surge of over 330% in the past two months, earning praise from Cardano founder Charles Hoskinson for the Sui team's success. This rally marks SUI's second-largest bull run, and market analysts predict it could rise an additional 162%, potentially reaching $4.56.
While bitcoin has seen strong gains, 42 other cryptocurrencies have surpassed it this year, with meme coins leading the way. According to data from Lookonchain, eight of the top ten performing tokens are meme coins, many of which are based on ethereum. Therefore, this article selects the most popular cryptocurrencies on ethereum.
The most popular cryptocurrencies on ethereum
bitcoin Cat (SASHA) is currently valued at $0.000427, with a market cap of $445.77K. Komari (KOMA) is trading at $0.00355, with a market cap of $333.99K and a 24-hour trading volume of $1.09M.
Generational Wealth (IGW) is priced at $0.000001, with a market capitalization of $892.90K and a 24-hour trading volume of $857.19K. Meanwhile, Pepe Unchained (PEPU) has gained notable attention in the crypto space following its successful pre-sale initiative and developer grants. Furthermore, the introduction of crypto-etfs-prompted-bitwise-145908955.html”>Spot crypto ETFs has led Bitwise to reconsider its fund offerings.
1. bitcoin Cat (SASHA)
bitcoin Cat (SASHA) is currently trading at $0.000427, with a market cap of $445.77K. In the last 24 hours, the coin has seen a significant trading volume of $6.44 million, reflecting a notable 15,354.39% increase in activity. The circulating supply of SASHA coins is 1 billion, which is in line with the maximum supply.
bitcoin Cat (SASHA) price action started with a strong uptrend, evidenced by a series of green candles. This bullish momentum took the price to a high of $0.0004634. The bullish move suggests strong buying activity, potentially driven by positive market sentiment or external catalysts. However, after reaching this peak, the price began to slow down, indicating that the initial rise was losing momentum.
After the bull run, the price entered a consolidation phase. During this period, it fluctuated between red and green candles, indicating market indecision. This phase can often be attributed to profit taking by early buyers or traders waiting for new market signals. Despite some fluctuations, the price remained within a tight range, reflecting the lack of strong bullish or bearish pressure.
Trading volume fluctuated throughout the observed period, with notable spikes during the initial uptrend and slight increases during price declines. Despite these changes, overall volume remained relatively stable. The current volume of 18,492K reflects the market's continued interest in the SASHA trading pair, suggesting that traders remain committed despite price fluctuations.
2. Komari (KOMA)
Komari (KOMA) is trading at $0.00355, with a market cap of $333.99K and a 24-hour trading volume of $1.09M. This marks a significant 9,714.90% increase in trading activity over the past day. KOMA has a circulating supply of 95 million coins, which represents the maximum supply available.
The price opened at $0.003555, reached a high of $0.003544 and a low of $0.003544 before falling slightly 0.30% to settle at $0.003544. During this period, trading volume remained very low, with only 50 units exchanged.
Early in the day, the price experienced a strong downward trend. The chart shows a significant drop from $0.003555 to below $0.002700, driven by strong selling pressure. This rapid drop indicates a sharp loss in value.
Around 15:00 there was a bullish rebound and the price recovered strongly. It rose to $0.004200, indicating renewed buying interest or a change in market sentiment. The large green candles reflected this bullish momentum. However, after reaching this intraday high, the market experienced a minor pullback, likely due to profit-taking by sellers. Despite this pullback, the price did not return to its previous lows, suggesting that bullish sentiment still maintained some strength.
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twitter.com/search?q=%24KOMA&src=ctag&ref_src=twsrc%5Etfw”>$ WATCHING live now in twitter.com/coingecko?ref_src=twsrc%5Etfw”>@coingeckogo add it to your watchlist.https://t.co/t14HOldu93
What will be next? pic.twitter.com/JKVHx9dZ5l
– KomaShiba (@KomaShibaETH) twitter.com/KomaShibaETH/status/1842511242172289351?ref_src=twsrc%5Etfw”>October 5, 2024
Towards the end of the session, the price found stability near $0.003544, which is close to its opening value. This stabilization suggests that the market found a new equilibrium after experiencing swings in both directions earlier in the day. Throughout the session, trading volume remained low, with only 50 units traded. This low volume indicates limited market activity, which may have contributed to the larger price swings.
3. Internet Generational Wealth (IGW)
Generational Wealth (IGW) currently stands at $0.000001, with a market capitalization of $892.90K and a 24-hour trading volume of $857.19K. In the last 24 hours, the price has seen a significant increase of 11,842.82%, with a circulating supply of 888.81 billion IGW coins out of a total supply of 888.81 billion.
In terms of price movement, the IGW chart on a 15-minute period initially shows low volatility between 08:00 and 09:00. During this period, the price remained within a tight range, reflecting consolidation and limited trading activity. However, at 09:30 there was a notable upward trend and at 11:00 the price rose steadily above $0.065. This change indicated a gradual increase in buying interest as the day progressed.
Following this steady rise, the price saw a brief drop around 11:00 due to some selling pressure. Despite this, the bullish momentum quickly resumed and as of 12:00, the larger green candles on the chart indicated aggressive buying. This increase drove the price higher, reaching an intraday high of $0.051012 at 15:00, reflecting positive sentiment in the market.
Towards the end of the session, around 17:00, the price stabilized near $0.051004. This period of stabilization suggests that buying and selling pressures have balanced out, resulting in a more neutral market phase. Price consolidation at this level could indicate the formation of a base for further moves. However, the price direction in the coming sessions will depend on future market activity.
What could be the next trending cryptocurrency?
Pepe Unchained (PEPU) has recently attracted attention in the cryptocurrency world, largely due to its successful pre-sale program and developer grants. The project has raised $17.5 million and plans to launch a Layer 2 network designed for meme coins. This network aims to offer faster transaction speeds and lower fees compared to ethereum, while focusing on security.
To support its ecosystem, Pepe Unchained has introduced a developer grant initiative called “Pepe Frens con Beneficios.” This program encourages the creation of decentralized applications (dApps), nfts, and DeFi tools, providing resources to developers before the platform launches. This strategy aims to build a solid foundation of practical applications, which is crucial in the competitive Layer 2 space.
In the investment field, Pepe Unchained has generated significant interest with its APY of 123%. The tokens are currently priced at $0.00992 and support from market experts has increased the visibility of the project. The project has also caught the attention of crypto whales, with large investments such as purchases of 23 eth and 10 eth.
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The Chain Breaker strikes again!
$17 million raised pic.twitter.com/dTpGIkooRO
— Pepe Unchained (@pepe_unchained) twitter.com/pepe_unchained/status/1841565982231560502?ref_src=twsrc%5Etfw”>October 2, 2024
This activity usually reflects increased confidence in the project and is generally considered a positive indicator of future growth. Such as, Pepe Unchained is positioning itself as a prominent player in the meme coin space, combining technical development with growing investor interest.
Presale Visit of Pepe Unchained
Read more
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- More than $10 million raised in ICO – Ends soon
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