The cryptocurrency market is ever-evolving, with new digital coins entering the market every day. DEXTools, a decentralized exchange tool, has compiled a list of the top trending cryptocurrencies on its platform. The list includes 4Chan, Unleash, Planet, AiDoge, and Scam.
4Chan, a token listed on Uniswap on May 1st, is the most trending cryptocurrency on DEXTools. It has not yet been listed on any centralized crypto exchanges. With a fully diluted market cap of $18 million and a DEXTscore of 99/99, its token pairs have received more visits than meme coin favorite Pepe.
UnleashClub (UNLEASH) was listed on Uniswap on June 17th, followed by Bitget, CoinW, and MEXC. The Unleash Club is an ‘open-source crypto squad’ with ‘AI tools, models, and datasets.’ Its meme token, $UNLEASH, has a market cap of $6 million, and the project is still developing new use cases.
Scam, listed on June 19th, has a market cap of $1.1 million and is not yet listed on CoinMarketCap. Its token description on DEXTools reads, ‘Some cryptos aren’t memes. Inside exposé of the worst scams in crypto and beyond.’ However, the token has some smart contract issues, according to the automatic audit results on DEXTools.
Planet (PLANET) was listed on May 30th and has been in a strong uptrend since then. It is also listed on BitMart and MEXC, with a market cap of $79 million. PLANET’s CoinMarketCap description states that ‘the tokenomics of PLANET remains a puzzle for the crypto space, with little disclosed on how they are distributed or what precisely they do.’
AiDoge (AI) was listed on Uniswap and MEXC on June 19th. Similar to UnleashClub, AiDoge is a meme coin project utilizing artificial intelligence. Users of the platform can create memes based on user-provided text prompts, and $AI tokens are used for purchasing credits.
Altcoins are catching a bid after Bitcoin’s strong weekly close above the 21 EMA, despite altcoin dominance declining. However, some of the most trending cryptocurrencies on DEXTools are relatively new projects with little information available about their tokenomics and development plans.
Update: UNLEASH has now taken over as the top trending coin on DEXTools, with 4Chan dropping to the #3 position.
The cryptocurrency market continues to see new players enter the space, with meme coins and projects utilizing artificial intelligence gaining popularity. However, investors should exercise caution when investing in new projects with limited information available and consult with a financial advisor before making any investment decisions.