With Bitcoin holding steady at around $30,000, market sentiment is high, and investors are looking at several trending cryptocurrencies that are up double digits or more today. Many altcoins are pumping, both old and new, including Bitcoin Cash, Bitcoin SV, and Waves. Even meme coins, such as Pepe and newly listed Uniswap coins, are surging in popularity.
Top Trending Crypto Coins
According to DEXTools.io, the “hot pairs” give an indication of what traders are looking at right now, measuring the most visited pairs in the past 24 hours. The 12th largest cryptocurrency in the world, Polygon (MATIC), is trending today, although the MATIC price is flat. The term “PSYOP” is also trending in relation to the reported coup attempt on Putin, which some parties are speculating was a CIA false flag. Ben.eth’s controversial new cryptocurrency, $PSYOP, has bounced over 2,000% from its lows and is back on the radar of investors. Like Polygon, it’s unclear why PSYOP is trending today, but it could be due to the project releasing its new decentralized exchange platform, PSY DEX.
New Meme Tokens
Listed yesterday, Tweety is a brand new meme coin with a $1 million market cap at the time of writing. Based around the Warner Bros Looney Tunes cartoon character Tweety, the new token is up over 200% and is among the top three trending crypto coins. Additionally, Elon Musk tweeted over the weekend that the best coverage of the Ukraine-Russia situation was from controversial crypto influencer Mario Nawfal. This trending news topic led to another new coin on Uniswap being listed – Wagner Inu (WAGINU). A play on Shiba Inu and the conflict between Vladimir Putin and Yevgeny Prigozhin, the new token made its debut on Uniswap today.
Although the cryptocurrency market remains volatile, these trending cryptocurrencies are capturing the attention of investors and experiencing significant gains. While Bitcoin continues to hold steady, altcoins and meme tokens are becoming increasingly popular. The surge in popularity of these cryptocurrencies highlights the importance of staying up-to-date on the latest trends and developments in the crypto market.