In the unsettling market conditions, cryptos are slowly declining with some exceptions. The drop began with the Bitcoin price decline, putting downward pressure on the rest of the cryptos. However, a few cryptocurrencies are still trending and are gaining momentum on their price charts.
In this blog, let us discuss a few trending cryptos today and their performance in this market.
zkSync (ZK)
ZK is the native token of the layer2 network known as ZKSync and has been a part of the controversy due to its recent ZK airdrop criteria. The network has limited the number of receivers on this airdrop, causing frustration among users, calling it a ZKscam. Its impact is visible in the crypto’s performance, as the value declined continuously. At the time of writing, ZK’s price is $0.2142 after declining 25% in the last 24 hours. Additionally, it has a market capitalization of $783,332,669 and a trading volume of $1,253,471,793.
Pepe Unchained (PEPU)
Even before its launch in the market, PEPE unchained has grabbed the crypto investors with its ongoing presale. With the popularity of PEPE, PEPU will be bringing a layer2 network to offer double-stacking rewards and facilitate faster transactions. Along with the lower transaction fees, it has a high volume capacity, where the rate is 100 times faster than Ethereum. Currently, 1PEPU is equivalent to $0.008 and has collected $169,137.64 from its target of $406,000.
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Notcoin (NOT)
At the beginning of the month, Notcoin created an all-time high of $0.02896 with its continuous gains and connection with the famous social media platform, Telegram. It has grabbed 160% gains in a month, beating many top cryptos in this race. However, the trend seems to be settling as the overbuying of this altcoin has caused the current drop. At the time of writing, the Notcoin price is $0.01595 after a 12% drop from yesterday. Now, it’s 45% away from the ATH with a market cap of $1,646,492,152. The trading volume is at $845,318,732, with a 14% hike, indicating the surging network activity.
Super Trump (STRUMP)
After gaining 158% in value, this Trump-based meme coin’s trend is ending. Earlier in the month, with the increased presence and controversies with ex-president Donald Trump, these Trump-themed cryptos spiked, including the STRUMP. It is currently trading at $0.01409 with a market cap of $24,618,504 and a trading volume of $12,169,145. The past few days have been bearish for Super Trump, as the value has declined 41% in the week, but with the 180% surge in trading volume, the trend might change again.
The trends vary occasionally, changing the price performance of all the involved cryptos. As of now, the crypto market is in a declining trend, leading to the downfall of most cryptocurrencies.
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With years of love for reading and 5 years of content writing experience, I’m here, working on my favorite writings about cryptocurrency. I’m actively looking for trending topics and informational statistics to curate the best content pieces for crypto enthusiasts. Staying updated with trends and learning the basis and advancements of this field is the best part of the day.
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
