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Clearly, the crypto market is in a consolidation phase, and it’s too early to pick a winning side, whether it is bulls or bears
This post compiles the top trending cryptocurrencies on DEXTools today to give investors insight into what to expect in the coming weeks.
It also covers the presale offering of the popular meme coin project, The Meme Games. The project recently launched the presale offering of its crypto token. Below is a guide on all that investors need to know about the MGMES token and the project.
1. Kamala Harris (KAMALA)
With the United States election fast approaching, investors are seeing many politically motivated meme crypto projects surface across the market. One of the recently launched cryptos in the category is the HARRIS token. It’s a meme coin project that’s built around the name and personality of the 49th vice president of the United States.
With Harris assuming the role of the potential nominee for the Democratic Party, supporters are paying attention to finding ways to harness the power of cryptocurrency to drive visibility for her personality. Interestingly, the HARRIS token has performed excellently in that regard.
At press time, the token has over 3.5k Holders and has a market cap of about $13.36 million. Harris’ trading volume today is over $6 million, which is nearly half of its market cap, and it’s fast approaching the million-dollar liquidity as reported on DEXTools.
The sheer thrills of the project’s market data show that the community and team are performing quite well at driving the project’s core values. In the end, HARRIS may transcend the election euphoria and grow into a more substantial meme project that contends with the likes of PEPE and other top-ranking meme coin projects.
2. Fight to Maga (MAGA)
The crypto market has seen several variations of the MAGA token. Usually, most popular Maga-centred projects are often built around the Trump brand, thanks to his pro-Bitcoin campaign. A new addition to the MAGA token trend is the Flight to MAGA token.
It made an appearance on the DEXTools trending list today after it posted over 50% price increase in the last 24 hours. The project, according to its website, is aimed at promoting motivation derived from an attempt to improve the life of the former president of the United States, Donald Trump.
It’s reported to have a market cap of about $6.5 million and a trading volume of $600k, which is significantly low, given its over 6 thousand holders. A quick look at FIGHT charts raises a question regarding its sudden pump, as the price of the assets has declined significantly since ATH a few days back.
On the other hand, it’s hard to verify the ability of the project to hold its newfound rally, particularly as the meme sector has witnessed reduced liquidity in recent times. Investors looking at the FIGHT token should take adequate precautions to ensure mitigation against the overall volatility of the current market.
3. Onigiri (ONI)
Solana has dominated the meme crypto space in recent times thanks to its lower gas fees and faster network solutions. However, ETH remains the go-to chain when it comes to altcoins.
Onigiri is one of the Ethereum-based projects that made the DEXTools trending list today. The project posted over 100% price increase in the last 24 hours after a significant recovery from its price decline. The impressive price performance has put the new crypto project on several meme coin investors’ radar.
According to ONI’s website, it focuses on developing a community that thrives on vibrancy and a shared love of Fun. It claims that the project was inspired by the success of the Kabosu and Neiro projects, two of the popular projects that have topped the crypto market recently. ONI is described as the duo’s brother, sporting a cat mascot.
Despite being a new crypto project, ONI’s market data shows that it has a market cap of $3.6 million, a trading volume of $2.06 million, and a growing number of token holders. DEXTools reports the number of holders at 1.98, and the total supply of the token is reportedly capped at 420.66 billion, which is equal to the number of tokens in circulation.
The project’s market data shows that it has enough room for growth. However, there’s a need to increase the number of holders and drive further visibility for the project to improve its chance of sustaining its growth.
What Might Be The Next Top Trending Crypto
The Olympic season is another time for investors to enjoy fresh degening thrills as the event draws global attention. The Meme Games token capitalizes on the trend to give degen investors a moment to profit from the trend and equally join a community of like-minded individuals.
According to the project’s website, MGMES thrives on the spirit of the 2024 Olympics and allows investors to support their favorite meme coins.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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