Release: 2024/09/28 02:19 Reading: 502
Bitcoin (BTC), the largest cryptocurrency by market capitalization, has surged past $65,000 following a 3.39% increase in price, pushing the total crypto market valuation to $2.31 trillion.
CryptoQuant's CEO and founder, Ki Young Ju, noted that Bitcoin has overcome various market challenges, such as the German government selling off its BTC reserves and the Mt. Gox repayment distributions.
Recent trends in the TON market indicate a shift in investor behavior, indicating potential for price movement. Data from CryptoQuant shows that the 30-day open interest delta for TON has turned positive, while the funding rate remains negative.
Meanwhile, other blockchains are witnessing price climbs. This article focuses on the top trending cryptos on Solana Chain today:
1. PUMPY (PUMPY)
PUMPY is currently priced at $0.00015, with a market capitalization of $161.15K. Its 24-hour trading volume is $2.56M, reflecting a significant 25,556.53% surge. With a circulating supply of 999.99M tokens, PUMPY is at full capacity.
Throughout the trading session, PUMPY exhibited a notable price movement, starting with an uptrend around 10:00 AM and reaching a peak shortly after 2:00 PM. A downward correction began by 2:30 PM, followed by a small green candle at 4:30 PM, indicating a possible short-term recovery.
The price movement ranged from $0.0001494 to $0.0001740, settling at $0.0001611, a 3.57% increase. The trading volume supports this activity, with spikes around the rally and during the correction.
2. NPC (NPC)
NPC is currently priced at $0.00498, with a market capitalization of $1.97M and a 24-hour trading volume of $9.04M, representing a 1,443.66% increase. The circulating supply stands at 420.69M NPC, which is the total maximum supply.
Volume insights indicate significant market activity, particularly during recent price swings. The gradual increase in volume before the price surge suggests growing interest, followed by heavy trading during the correction phase.
3. Jonah (Jonah)
Jonah trades at $0.000914, reflecting a 539.42% intraday increase. Its 24-hour trading volume has surged to $5.62M, a significant 435.24% increase. The total supply is 999.99 million Jonah coins, all of which are in circulation.
The Jonah/USD pair on DEXTools.io shows notable volatility, with a strong bullish surge around 09:00 AM, followed by a reversal from 11:00 AM to 13:00 PM. The recent price declines suggest a bearish market sentiment in the short term.
Pepe Unchained (PEPU) is making waves in the meme coin space, having raised over $15.7 million in its presale. Unlike other meme coins, PEPU is introducing a Layer-2 blockchain known as the "Pepe Chain."
This innovation aims to provide faster transactions and lower fees compared to Ethereum, setting it apart in a market that typically thrives on speculative excitement.
The Pepe Chain promises to be 100 times faster than Ethereum, with a dedicated block explorer and instant bridging capabilities. The project's presale success has attracted attention from influencers and analysts, predicting significant price increases once it officially launches.
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