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Cryptocurrency News Articles

Trending Coins on GeckoTerminal Today: zkSync (ZK), Jupiter (JUP), Pepe Unchained (PEPU), Shiba Inu (SHIB), Book of Meme (BOME)

Sep 30, 2024 at 06:58 pm

Several trending coins on GeckoTerminal are experiencing significant market gains due to their increased trading activities. This upward trend is emerging

Trending Coins on GeckoTerminal Today: zkSync (ZK), Jupiter (JUP), Pepe Unchained (PEPU), Shiba Inu (SHIB), Book of Meme (BOME)

Several trending coins on GeckoTerminal are experiencing significant market gains due to their increased trading activities. This upward trend is emerging as the broader crypto market rallies from a recent market slump. Investors now have an opportunity to take advantage of the dip ahead of an anticipated bull run season.

Additionally, these tokens’ affordable prices provide a perfect entry point for investors. In response, Insidebitcoins has curated a list of the trending coins on the GeckoTerminal platform that fit this profile. We will delve into the factors propelling these altcoins and explain why they are among the best investments today.

Trending Coins on GeckoTerminal today

This review offers valuable insights for investors assessing the growth potential of various tokens. Several tokens, including Biaoqing, zkSync, Shiba Inu, Jupiter, and Book of Memes, are currently showing upward trends. They are also affordable, presenting ideal market entry points for investors.

Meanwhile, Pepe Unchained is set for its DEX launch immediately after its presale. This means that investors have to act quickly and buy the token at affordable presale prices today as its presale winds down. The L-2 project has drawn widespread attention among market participants by raising over $16.4 million in its ongoing presale.

1. zkSync (ZK)

zkSync is a unique protocol that has been making waves since it was launched less than two months ago. The platform was developed as an innovative Layer-2 project to solve the inefficiencies of the Ethereum blockchain. It achieves this goal by making transaction fees affordable while speeding up processing times.

Furthermore, zkSync developers have ensured the project stands out from other Ethereum Layer-2 solutions. The lead developer, via the official Twitter account, noted that while existing Ethereum solutions offer fast and affordable transactions, they often compromise on security. To address this, zkSync utilizes advanced ZK Rollups technology to maintain robust security.

Recently, the project garnered attention by launching its ZK token and unveiling a detailed tokenomics plan. Out of 21 billion $ZK tokens, 17.5% are allocated for an airdrop to network users. This strategic move aims to boost community engagement and enhance market visibility.

ZKsync Era is live on @zapper_fi ⚡️

Connect your wallet to track your portfolio on Era with support for popular DeFi apps like @SyncSwap, @mavprotocol, @koi_finance, @zerolendxyz, @zkSwap_finance, and more on the way!https://t.co/jXeLQ5slo5 https://t.co/by4XDktShp pic.twitter.com/uaLu4Q25RA

— ZKsync (∎, ∆) (@zksync) September 27, 2024

zkSync is priced at $5.6 with a 24-hour trading activity above $560 million. The token opened its trading day at $6, marking a 6% gain before succumbing to a 4% decline in the last 24 hours. Currently, zkSync looks promising, as demonstrated by a bullish sentiment and a Fear & Greed Index at 65, which indicates greed.

2. Jupiter (JUP)

The Jupiter platform allows users to swap any token and cclAsset seamlessly. It offers them a flexible and user-friendly way to do this in a bid to ensure its widespread adoption. These functionalities also simplify swapping multiple digital assets by making it easier and affordable for users.

Meanwhile, the project recently entered into a partnership to integrate its platform with “the Clone Network.” This integration allows users to trade non-native tokens on the Solana blockchain. They can now easily trade ARB, DOGE, and OP for little gas fees. At the same time, this development ensures that users do not have to bridge these tokens before swapping them.

Moreover, Jupiter provides crucial liquidity functions in the Solana ecosystem. This has ensured that the token maintains a substantial uptick in price despite the recent bearish sentiment in the market. It has seen a 2.45% increase over the previous month, bringing its market cap to almost $1.3 billion.

Last week at Breakpoint we launched $VIN on @JupiterExchange utilizing the LFG tech that Jupiter built, but without a DAO vote. After a week of disappointing performance we have decided, with Jupiter, to pull down the bonding curve and launch a liquidity pool we can manage… pic.twitter.com/g0l0eZqEx0

— dVIN Labs (🍷, pep) (@dVINLabs) September 28, 2024

Analysts have predicted a favorable price trajectory for Jupiter’s price. Some predictions have projected the token’s value to go as high as $2 if it sustains its current positive momentum. Moreover, Jupiter has broken through the $ 0.9 key resistance level. If it manages to hold on to this level until the anticipated crypto bull run, the price may sky

News source:insidebitcoins.com

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