Following a successful February, some cryptocurrencies are experiencing slight dips in the market. However, amidst this trend, certain altcoins are emerging as top performers, showing promising momentum and attracting investor attention.
The crypto market is currently experiencing extreme greed, as indicated by the fear and greed index. Despite this sentiment, many altcoins have performed remarkably well over the past month. While March has begun with minor setbacks for some cryptocurrencies, others have continued their positive momentum. In this blog, we’ll explore the trending altcoins for the week ahead.
Top 5 Trending Altcoins This Week
As per CoinmarketCap metrics, the top five trending altcoins for the week are Pepe Coin, Digwifhat, Portal, Ondo, and Fetch.ai. Additionally, Ethereum has crossed the $3500 mark, currently trading at $3,427.17 with a slight dip of 0.85%.
1. Pepe Coin (PEPE): A meme coin featuring a green frog theme, Pepe Coin has gained popularity, following in the footsteps of Dogecoin and Shiba Inu. With a market cap of $54,334,542,352, PEPE’s price surged by 129% and is currently trading at $0.000003166.
2. Dogwifhat (WIF): Themed around an angry Shiba Inu dog wearing a hat, Dogwifhat achieved an all-time-high value of $1.02. Its price surged by 217%, and it is currently trading at $0.9598.
3. Portal (PORTAL): A gaming platform aiming to unite games and gamers from different blockchains, Portal is currently trading at $2.37 after a 46% dip. Launched recently on exchanges like Kucoin, it experienced a notable dip on its first day on February 29.
4. Ondo (ONDO): As the native token of Ondo Finance, designed to enhance liquidity, ONDO’s price fluctuated throughout the week and is currently trading at $0.04752, reflecting a weekly hike of 15%. It has a market cap of $662,468,823, surging by 18%, and a trading volume of $261,273,569 after a 59% increase.
5. Fetch.ai (FET): An artificial intelligence lab with its native token FET, Fetch.ai achieved an all-time-high value of $1.68, marking a significant 45% hike. Currently trading at $1.64, FET has a trading volume of $502,015,099 and a market cap of $1,361,613,761, reflecting a 17% increase.
In Summary
The crypto market can be quite unpredictable due to its high volatility. A coin’s performance and price can change rapidly, and what’s performing well today may not necessarily do so tomorrow. Despite this uncertainty, it’s always interesting to see which coins are currently trending. This week, some of the top trending altcoins include PEPE, WIF, PORT, ONDO, and FET. These coins have caught the attention of investors and traders, but it’s essential to remember that their performance can vary widely in the coming days.
Important:Ā Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
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