The Federal Reserve’s recent decision to cut interest rates sparked a rally across both the stock and cryptocurrency markets. According to Morningstar, U.S. dividend ETFs experienced a notable increase in inflows, attracting $3.05 billion in September alone. This coincided with Bitcoin’s 15% rise and a broader upward trend in the crypto market.
The capital influx into dividend ETFs represents a significant rise compared to the average monthly inflows of $424 million from January to August 2024. The Fed’s rate cut has made income-generating investments more appealing to investors concerned about potential market downturns. Meanwhile, tokens within several networks have also witnessed rallies. This article curates the top trending crypto coins on DEXTools.
Top Trending Crypto Coins on DEXTools
The America PAC token is currently valued at $0.821, with a market cap of $786.06K and a 24-hour trading volume of $6.19M, indicating a dramatic increase in activity of 25,599.38%. Make America Based Again (MABA) is priced at $0.000524, with a market capitalization of $525.26K.
The Air Head token has experienced recent price fluctuations, reflecting both upward and downward movements. After its launch, Flockerz raised over $475,913, positioning itself as a key player in the presale market. Meanwhile, Bitcoin has reduced its weekly losses following stronger-than-anticipated September jobs data.
1. America Pac (PAC)
The America PAC token is currently priced at $0.821, with a market capitalization of $786.06K and a 24-hour trading volume of $6.19M, reflecting a significant 25,599.38% surge in activity. With a total supply of 1 million PAC coins, the entire supply is in circulation. The token has 1.22K holders, and its liquidity stands at $94.4K.
The 15-minute PAC/USD price chart from DEXTools.io reveals a mix of bullish and bearish movements. Initially, the PAC token opened at $0.8491, rising to a peak of $0.8872 before dipping to a low of $0.7278 and closing at $0.7414. This represents a 12.68% decline, suggesting a bearish trend towards the session’s end.
The trading volume, depicted through red and green bars, reflects heightened activity during both the price increase and subsequent drop. The middle portion of the chart shows the highest volume, particularly during volatile price movements.
Candlestick analysis indicates a bullish trend from 12:00 to 14:00, marked by green candles and rising prices. Afterward, bearish candlesticks dominate, especially following the peak of $0.8872, signaling a downturn. Despite the earlier spike in trading activity, volume began to decrease as the price fell, which may indicate a slowdown in momentum or traders stepping back. In summary, the chart demonstrates both upward and downward volatility, with the day concluding on a bearish note, accompanied by reduced trading volume.
2. Make America Based Again (MABA)
Make America Based Again (MABA) stands at $0.000524, with a market capitalization of $525.26K. Its 24-hour trading volume is $7.89M, marking a substantial 3,517.53% increase within that period. The circulating supply of MABA is 1.00B out of a total maximum of 1.00B coins.
When examining the price chart on DEXTools.io using a 15-minute time frame, the price shows a minor downward trend. MABA started at $0.0005248, reaching a brief high before declining to $0.0005083. By the end of the session, it closed at $0.0005213, reflecting a slight drop of 0.66%.
The trading volume, visible at the bottom of the chart, was higher earlier in the session as the price increased. However, as the price dropped, the volume decreased significantly, suggesting a slowdown in trading activity.
In terms of candlestick patterns, early bullish momentum was indicated by green candlesticks, which turned into consecutive red candlesticks as the price fell, beginning around 08:30. After this initial rise, the trend remained largely bearish, with periods of consolidation between 12:00 and 14:00.
The market’s consolidation phase after 14:00 suggests uncertainty, with neither buyers nor sellers driving the price. The price eventually stabilized near $0.0005213 with low trading volume, indicating a pause in market movement and signaling potential volatility in the near term.
3. Air Head (Air)
The Air Head token’s recent price movement reflects a volatile session marked by both upward and downward trends. The live price is currently $0.00199, with a market cap of $199.81K. Over the last 24 hours, trading volume surged to $415.03K, showing a significant increase of 4,412.48%. With 100 million tokens in circulation and no additional supply to be released, the coin remains fully distributed, making its liquidity relatively stable.
Initially, buyers drove the price upward; however, as the session moved forward, this momentum gradually faded. As a result, the upward movement could not be sustained, leading to a steady decline. By the end of the session, the price approached its session low, signaling continued bearish sentiment in the market.
During the session, trading volume remained relatively low at the start. Nevertheless, volume spiked sharply during both the upward rally and subsequent decline, indicating heightened trading activity at critical price points. As the price continued to drop, trading volume tapered off, reflecting reduced interest from both buyers and sellers. Additionally, short-term resistance was observed near the $0.002600 level. However, the price quickly reversed after reaching this point, leading to the sharp decline that followed.
The Air Head token experienced significant volatility throughout the session, with an initial upward rally that was quickly followed by a sharp decline. Despite the brief price surge, bearish pressure eventually took control, leading to a 5.23% loss by the session’s close. The overall market movement indicates weakened buying interest, and the drop in trading volume toward the end suggests that momentum may continue to slow moving forward.
What Might Be The Next Top Trending Crypto?
Flockerz ($FLOCK) introduces a novel approach to the meme coin market through its vote-to-earn model and decentralized governance via Flocktopia, a decentralized autonomous organization (DAO). Following its launch, the project raised over $$475,913, positioning itself as a notable contender in the presale sector. Flockerz is branded as “The People’s Meme Coin,” focusing on community-driven decision-making and offering substantial staking rewards.
The vote-to-earn system empowers $FLOCK holders, known as “The Flock,” to take part in shaping the project’s future. Through the Flocktopia DAO, participants can propose, debate, and vote on important decisions, ensuring a decentralized governance structure. Voters are incentivized by earning additional $FLOCK tokens, encouraging active participation and aligning holders’ interests with the project’s development.
Flockerz has allocated 25% of its 12 billion token supply for staking rewards, offering an APY of 4040%. This model is designed to attract long-term holders and stabilize the token’s supply by encouraging users to lock up their tokens.
All roads lead to Flockerz. Vote-To-Earn is going to change the way meme coins empower their community. pic.twitter.com/cqf1jaNPZJ
— Flockerz (@FlockerzToken) October 5, 2024
Additionally, 20% of the total supply, or 2.4 billion tokens, is reserved for the ongoing presale. Investors can currently purchase $FLOCK at a price of $0.0057012, though the price will rise as the presale progresses. Flockerz presents a unique blend of community-driven governance and incentives aimed at promoting long-term engagement and project sustainability.
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Biggest Trending Cryptos