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Cryptocurrency News Articles

America PAC (PAC), Make America Based Again (MABA), Air Head (AIR) Are the Top Trending Crypto Coins on DEXTools This Week

Oct 07, 2024 at 12:41 am

The Federal Reserve's recent decision to cut interest rates sparked a rally across both the stock and cryptocurrency markets.

America PAC (PAC), Make America Based Again (MABA), Air Head (AIR) Are the Top Trending Crypto Coins on DEXTools This Week

The Federal Reserve's recent decision to cut interest rates has had a positive impact on 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 coincides with Bitcoin's 15% rise and a broader upward trend in the crypto market.

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 ($FLOCK) 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.

When examining the price chart on DEXTools.io over a 15-minute time frame, the price shows 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, indicating 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 candlesticks 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.

Examining the price chart on DEXTools.io at a 15-minuteの時間枠, 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

News source:insidebitcoins.com

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