The post Top Cryptocurrencies to Watch This Week: MOG, ENS, PLAY appeared first on Coinpedia Fintech News
The crypto market is back in the green today as its total valuation jumps 4.8%, and there are some trending projects to keep an eye on this week.
Let’s take a look at three coins that could see growth over the next few days.
Mog Coin
The meme coin meta is not slowing down, and now Mog Coin is stealing the show.
It’s a cat-themed meme coin on the Ethereum network and has now claimed the title of the world’s most valuable cat coin, overthrowing a cat in a dog’s world recently.
MOG is currently priced at $0.000001981, and it has soared by 16% today and 103% this week.
It now holds a $700 million market cap and is Ethereum’s fourth most valuable meme coin.
However, the project’s website explains that holders can also bridge their MOG tokens to the Bitcoin network using the MulitBit 2-way bridge.
The project has garnered massive hype on social media, with pundit Remp comparing its current market cap to the valuations of popular meme coins like SHIB and DOGE.
Remp’s comment alludes that MOG has significantly more upside potential.
Ethereum Name Service
Another big player in the market this week is Ethereum Name Service.
This is a decentralized naming protocol on the Ethereum network that enables people to create customized addresses for wallets, websites, and more.
With the Ethereum spot ETFs set to launch soon, the token will likely benefit from Ethereum’s liquidity inflows.
However, it has recently outperformed other Ethereum ecosystem plays, and it’s not just because of the ETFs.
Ethereum Founder Vitalik Buterin dubbed the protocol “super important” earlier this year, which has provided an exciting outlook since.
ENS is currently trading at $32. It’s up 28% today, making it the best performer from the top 100 cryptos.
However, analysts anticipate this is just the beginning for ENS. For instance, CryptoKnight predicts it will do more than 3x in the coming weeks, hitting $95.
“Big breakout soon,” he said.
PlayDoge
PlayDoge is leading the charge among new cryptocurrencies, having raised over $5 million in its presale.
The project is a Play-to-Earn (P2E) meme coin, offering a remake of the iconic 1990s Tamagotchi game.
Tamagotchi was a handheld gaming device on which players cared for their virtual pets. They made sure their pets were happy and healthy so they did not run away or die.
PlayDoge features a similar concept, except with higher stakes. Players will receive real crypto rewards for engaging with their pets.
Adding to the excitement, they can also stake the $PLAY tokens to compound their rewards.
Staking is live and offers a 114% APY. However, this will decrease as more tokens are staked.
Meanwhile, the PlayDoge presale is ongoing, but the price will rise throughout. The next increase will occur in one day.
As such, those seeking to buy PlayDoge have limited time left to get tokens at the lowest possible price.