Tang Cat (TANG), Jesse (JESSE), Based Chad (CHAD), and Pepe Unchained ($PEPU) Emerge as Trending Cryptocurrencies on Base Chain

The cryptocurrency market remains characterized by volatility, with various tokens undergoing significant price shifts and fluctuations in trading activity.

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The cryptocurrency market continues to experience volatility, with several tokens making significant price shifts and witnessing changes in trading activity. Among the tokens that have shown notable movements recently are FTX (FTT), Worldcoin (WLD), Ethena (ENA), Render (RNDR), and Fetch.ai (FET).

The FTX token, for instance, has seen a 10.48% rise within the last 24 hours, climbing to $2.60. It reports a trading volume of $135.57 million and a market capitalization of $854.28 million. However, despite these gains, data from FTT’s derivatives indicates a degree of caution, highlighted by a 15.07% decrease in trading volume and a 2.34% drop in open interest, suggesting a slowdown in market activity.

Meanwhile, tokens within the Base network also rallied. InsideBitcoins curates the most trending cryptocurrencies on Base Chain now.

Most Trending Cryptocurrencies on Base Chain Now

Tang Cat (TANG) token is currently priced at $0.0000951 after an impressive 284.99% rally within the day, with a trading volume hitting $40.35K. Meanwhile, the Jesse token (JESSE) stands at $0.000108, giving it a market capitalization of $108.37K.

Based Chad, built on the Base ecosystem, aims to bring together a community focused on content creation and collaboration. Additionally, Pepe Unchained ($PEPU) has attracted significant interest from retail investors, positioning itself as a leading memecoin launch for Q4 2024. Bitcoin, meanwhile, is reducing its weekly losses after stronger-than-expected September employment data.

1. Tang Cat (TANG)

Tang Cat (TANG) token stands at $0.0000951, following a 284.99% intraday rally. The trading volume during this period reached $40.35K. Furthermore, the circulating supply of TANG coins is 969.76 million, which is also the maximum supply.

Recent trading data indicates a volatile period for the TANG token. The 15-minute candlestick chart from DEXTools.io tracks TANG against USD on the Uniswap decentralized exchange. This chart reveals significant price fluctuations, moving from approximately $0.00002000 to a peak of around $0.00011000. This upward rally was most pronounced during the early hours of October 7. The latest recorded price, $0.00009519, shows a slight decrease from the earlier high. However, it retains a majority of the gains achieved during this period.

Volume analysis reveals that spikes in trading activity corresponded with the price increases. This trend suggests heightened interest and engagement among traders. After the recent rally, trading volume decreased somewhat as the price stabilized at around $0.00009500. This trend may indicate that traders are either securing profits or awaiting further price movements.

In terms of candlestick patterns, the lead-up to the recent price increase featured multiple bullish candles. Higher highs and higher lows characterized these candles. Following the peak, a few red candles emerged, indicating some selling pressure. Despite this, the price has not sharply declined, which points to a phase of consolidation or a minor correction. The most recent candle reflects a slight drop, yet the price remains near $0.00009519. This price level may act as a short-term support zone.

2. Jesse (JESSE)

The Jesse token (JESSE) is currently priced at $0.000108, reflecting a market capitalization of $108.37K. In the past 24 hours, the token has experienced a significant trading volume of $87.99K, which indicates a 116.85% increase. Additionally, the circulating supply stands at 1 billion JESSE coins, matching the total supply.

At present, the liquidity for JESSE is reported at $34.4K, with approximately 55.8K holders. Furthermore, a recent chart analysis of the JESSE token against USD on the Uniswap platform, utilizing 15-minute candlesticks, suggests notable price dynamics from October 6 to October 7, 2024.

Initially, the token’s price hovered around $0.00002000 before ascending steadily to a peak near $0.00015000. The latest recorded price is approximately $0.0001