The cryptocurrency market in 2024 has welcomed several new tokens, showing varied performance and potential for growth. Below is an analysis of the key new entries, including THAT (THAT), Chiba Wan (CHIB), Resonator (RSN), AURORA (AURORA), and Fartcoin (FART).
### THAT ($THAT)
THAT token, currently trading on Uniswap V3 (Polygon), has reported an active trading volume of $40,474.12, with a price point of $0.0008913, reflecting a 1.4% increase over the past 24 hours. The token has a total supply of 3.3 billion, resulting in a fully diluted valuation (FDV) of approximately $2.9 million. In the last 24 hours, the token's price has fluctuated between $0.0008727 and $0.0008916. Notably, it reached its all-time high of $0.0008916 on October 21, 2024. With such a performance, THAT is emerging as a promising token for market observers.
### Chiba Wan ($CHIB)
Chiba Wan (CHIB) has recorded a price of $0.05932, marking a 7.3% increase over the last 24 hours. Trading on Uniswap V2 (Ethereum), CHIB’s most active trading pair is CHIB/WETH, generating a trading volume of $174,366. The token has a total supply of 200 billion, with an FDV of $1.18 million. On October 21, 2024, CHIB reached its all-time high of $0.06196. The increasing trading volume and market activity indicate significant potential for growth, making it an interesting prospect for investors.
### Resonator ($RSN)
Resonator (RSN) is currently trading at $0.009266, experiencing a decline of 20.9% within the last 24 hours. The token operates on the Ethereum network and has a capped supply of 100 million, leading to a fully diluted valuation of $905,436. Despite a 24-hour trading volume of approximately $47,159, RSN faces market resistance after reaching an all-time high of $0.01171 on October 21, 2024. Given its recent price volatility, RSN may present a higher risk for short-term traders.
### AURORA ($AURORA)
AURORA is trading at $0.0001444, with an 11.8% increase in the past 24 hours. It has a total supply of 1 billion tokens and an FDV of $141,238. With a trading volume of $241,494 in the last 24 hours, AURORA maintains a strong market presence on Solana-based exchanges. The token reached its all-time high of $0.0001496 on October 21, 2024. Its consistent upward momentum indicates promising growth potential, making it a token to monitor closely.
### Fartcoin ($FART)
Fartcoin (FART) has surged by 13.6% today, reaching $0.02812. Its 24-hour price range varies between $0.02475 and $0.02884. With a total supply of 1 billion and a circulating supply of approximately 999.9 million, FART has a market cap of $28.31 million. The token’s trading volume over the past 24 hours was $47.78 million. Notably, FART hit an all-time high of $0.02869 today, with its all-time low recorded at $0.02475. Its fully diluted valuation aligns with its market cap at $28.31 million, highlighting the token’s robust market performance.
These newly released cryptocurrencies demonstrate a range of market activities, price movements, and trading volumes. Investors should evaluate each token's performance and market dynamics for potential opportunities or risks in this rapidly evolving landscape.