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These Altcoins Are Surging More Than Bitcoin

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By on December 7, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post These Altcoins Are Surging More Than Bitcoin appeared first on Coinpedia Fintech News

The crypto ecosystem is very unpredictable as you never know what token will start to attract investors. Sometimes the reasons are clear while others they are not. Investors might get confused looking at some random altcoins taking the top positions on trending table. Let’s see which crypto tokens are trending today. 

EGO

Launched just over a year ago, this is an internal token of Paysenger service. The platform helps content creators, fans and brands for content monetization and audience engagement. 

The EGO token is currently trading at $0.02375 and is down by 6.15% from yesterday. The volume is down by 16.92%. The amazing thing is that the trading volume is just $2.41 million yet this token is trending at first rank on coinmarketcap.

Bitcoin

To everyone’s surprise BTC is at position two in trending today, despite it crossed $100k and came back. The largest cryptocurrency needs no introduction as the crypto market has its eyes peeled towards it. Currently trading at $99,358, BTC is once again trying to cross the psychological resistance at $100k. It is currently up by 1.44% in price as compared to the last 24 hours despite a fall of 32.23% in trading volume.

Altcoins have yet not started to follow the surge of BTC but for sure has displaced it in regards to trending.

Also Read :   Is Chainlink Ready To Break Its All Time High at $52?   ,

Super Trump Coin

People might be wishing this position would be occupied by Ethereum but it has been acquired by a Trump themed meme coin. President elected Donald Trump is setting up his administration and on a daily basis people are getting nominated and appointed to various positions. For this particular reason, Trump themed memecoins are taking the rally. Super Trump Coin has left all the other altcoins behind and the trading volume has surged by jaw dropping 500% in the last 24 hours. With a 19.39% rise in price the memecoin is trading at $0.02455

Brett

Another meme coin taking a position in top 5 trending crypto tokens today. Launched on Ethereum Layer 2 blockchain Base, this memecoin is trading at $0.2008 and is down by 1.74%. On the other hand, its trading volume is down by 26%. There are only 0.20% investors of Brett holding more than $100k in it. Most investors have invested between $0-$1000. 

Ethereum

The second biggest cryptocurrency got the fifth position. The reason — 9.99% drop in trading volume. Even though Bitcoin successfully made a fresh all time high above $100k, Ethereum failed to break its 3 years old ath at $4891. The price is witnessing some surge as it is up by 2.29% up and trading at $3,982, but that’s not enough for its believers. 

Looking Ahead!

With the crypto market evolving forever, it is no surprise that altcoins, especially memecoins, gain more traction from investors than Bitcoin and Ethereum. Though memecoins are good for a quick money if you play it timely, BTC is a reserve of money and that is why it will remain the top choice for investors who understand the real power of Crypto.

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