Key Takeaways:
- ApeCoin sees a 2% decrease but may gain momentum with Yuga Labs’ new game series.
- SHARES Token surges 90% with plans to create a celebrity Shares trading platform.
- PRIME Token witnesses increased trading volume, indicating promising performance in the crypto market.
Whether it is the world of digital assets or traditional finances, research plays a crucial role for investors worldwide. One such research that caught our eye is from Bitget, as it unveils some of the most popular tokens in the market. These tokens are currently playing a crucial role in gaining the spotlight, and it is expected that the next 24 hours will be crucial for these tokens as they may take control of the waves.
ApeCoin
Issued by Yuga Labs for the BAYC NFT series, the APE token has observed a 2% decrease in the past 24 hours. The current market cap for this eminent token is US$1.6 Billion, but the demand for hyping the token is relatively low. The purpose of mentioning Apecoin Token is to remind readers that Yuga Labs is expected to launch a new game series, and thereby, the ApeCoin token and its performance should be watched keenly.
SHARES Token
According to Bitget and its research, new project called Fried.tech is on the Ethereum Network; SHARES is its native token and has been riding the wave. The plan for this project is to establish a trading platform for “Shares,” and concurrently, the market hype is present around trading celebrity Shares. In the past 24 hours, the token has surged nearly 90%, with a market cap of US$5.8 million. The token’s trading volume has reached $9.3 million in the past 24 hours, with 1628 unique addresses engaged in transactions.
PRIME Token
The native token of Echelon Prime Foundation, PRIME, has seen a surge in trading volume as, in the past 24 hours, it managed to reach US$920,000 with 364 on-chain transactions and 200 unique holders. The token’s market cap is at US$85.8 million as it continues showing promising performance.
Bitcoin
In the past 24 hours, trading volume has reached US$6.4 million with 1700 transactions and 859 unique holders. These numbers are indicative of a significant level of speculation. The token’s market cap is US$165 million, with a liquidity pool of US$3.7 million, thereby making it an essential token to stay updated on.
MCA Token
This token has seen high on-chain activity, with a trading volume of US$3.5 million reached in 24 hours, with 11,000 transactions and 2952 unique holders. The market cap for this token stands at US$11 million, with a liquidity pool of US$630,000. The token has been garnering significant attention and is gaining popularity.
IndiCoin Token
IndiCoin is in the mint phase and is in the airdrop phase. So far, more than 42 million tokens have been minted with over 110,000 unique holders.
KABOSU Token
The prototype token of Dogecoin is KABOSU, and it is currently claiming itself to be the best memecoin. The token has experienced a significant surge recently. However it began to decline shortly afterwards.
wstETH
A type of interest-bearing token is Wrapped stETH; its price has been continuously rising primarily because of staked ETH.
CAKE Token
Pancake has accelerated its multi-chain deployment recently, and the token has reached an increase in adoption rate. This token is essentially one that users should stay updated on.
XEN Torrent Token
Jack Levil, founder of XEN, has tweeted the return for XenGPT, and it has led to an overwhelming number of users, which has led to some issues. However, users have been assured that the capacity will be increased.
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