Top Trending Coins for Today: ENA, GSTOP, PEPE, RETIK, and NOT

The crypto leaderboard experienced a significant shakeup this week, with new entrants like Notcoin and Retik Finance emerging among the top hot markets. The substantial market reshuffling has intensified competition among the top five trending markets. Some of these new entrants have leveraged their fresh status to secure a position on this week’s roster. Let’s delve into the analysis for each of these markets.

The top position today is held by the Ethena market, which is also a relatively new entrant. The first data representation appeared in early April. After the initial bull market peaked above $1.40, a bearish trend emerged, but bulls quickly salvaged their position at $0.80. The market started at approximately $0.292. After a period of contention for market dominance around the $0.80 price level, the market ranged along this level for a while. However, after securing support at $0.66, below the $0.80 level, the market surged again, gaining up to 24% in the last seven days. In the past 24 hours, a minor loss of 1% has been observed. Currently, today’s trading session is represented by a gravestone doji.

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