The cryptocurrency market is currently experiencing correction, with no significant price rises observed among cryptos. The total market capitalization has dropped further to $2.27 trillion as of today. Despite this downturn, trading volume has climbed by 14% since yesterday, reaching a value of $100.33 billion. Amidst the market instability, certain crypto assets are gaining attention for various reasons and are currently trending.
In this post, we’ll explore and talk about the three most popular cryptocurrencies currently available in the marketplace that could be good investments for you this week.
Top 3 Trending Crypto Assets To Buy
Based on CoinmarketCap’s current list, Omni Network, Super Trump, and SLERF are the most popularly searched-for crypto assets. Users are drawn to these digital currencies for several reasons, which we will explore individually.
Omni Network (OMNI)
The recently debuted crypto, OMNI Network, faced some instability in the market leading to significant price decreases. This volatility can be attributed to a recent team-initiated airdrop intended for marketing. At its launch, OMNI boasted a price of $43.41 and impressive trading volume of $955,058.19. However, the market fluctuations have caused the OMNI price to plummet by over 41% in just one day.
The cryptocurrency holds the 231st position on CoinmarketCap and boasts a market cap of over $254 million. However, its market capitalization has dropped by approximately 41.13%. Nevertheless, its trading volume is substantial, amounting to over $604 million, ranking it 17th in the market.
Due to OMNI being a freshly minted token, its popularity and consequently demand are expected to increase in the near future. Moreover, with the current dip in the token’s value, it could present an opportune moment for acquisition, with the intention of selling at a later profit.
Super Trump (STRUMP)
For about a month straight, the value of Super Trump (STRUMP) tokens has been dropping, shedding an impressive 67%. Yet, there have been some promising signs that the token could be making a comeback. In just one day, STRUMP’s price experienced a significant surge of 26%, marking the beginning of a potential recovery. This surge also resulted in a notable increase in STRUMP’s market capitalization by 26.62%. Consequently, the value of each token now stands at an impressive $5,34,101.
It’s more intriguing now that the desire for this token is rising in the market, as the number of deals has significantly escalated. To add to that, STRUMP trading volume has spiked up to $7,204,677 following a massive 676.50% price jump.
SLERF (SLERF)
After experiencing a weekly price increase of 5.65% following a recent decline, SLERF‘s value appears to be rebounding. The crypto market has shown heightened interest in SLERF, resulting in a substantial 29% boost in trading volume compared to the previous day. Currently, SLERF ranks 61st in terms of trading activity.
The SLERF market product was introduced relatively recently, around mid-March, and so far, not many days have passed since then. Almost instantly after its launch, the SLERF managed to capture the interest of investors. Its price reached an all-time high of $1.31, representing a significant increase of 70% compared to its current value of $0.4.
With the upcoming Bitcoin halving, SLERF might come forward as the top crypto in the market.
Conclusion
Instead of just mentioning “Apart from Omni Network, Super Trump, and SLERF,” you could say “In addition to Omni Network, Super Trump, and SLERF, there are other popular crypto assets such as Gaimin and Ondo that are gaining attention.” Regarding Bitcoin, you could express it as “Despite the upcoming Bitcoin Halving event, Bitcoin doesn’t hold the most intrigue for investors at present.”
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2024-04-18 16:01