Top trending cryptocurrencies on Solana Chain today – PUMPY, NPC, Jonah

adminSeptember 28, 2024

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Bitcoin (BTC), the largest cryptocurrency by market capitalization, surged past $65,000 after rising 3.39% in price, pushing the overall cryptocurrency market value to $2.31 trillion.

Ki Young Ju, CEO and founder of CryptoQuant, said that Bitcoin would be affected by the German government’s sale of its BTC holdings and the Mt. He emphasized that various market challenges, such as Gox redemption distribution, have been overcome.

Recent trends in the TON market indicate a shift in investor behavior and could potentially impact asset values. According to data from CryptoQuant, TON’s 30-day open interest delta turned positive while its funding ratio remained negative. This change in market dynamics could play a significant role in the price movements of TON in the coming weeks. Meanwhile, other blockchains are seeing price increases. This article focuses on: It is currently the most popular cryptocurrency on the Solana chain.

Currently the most popular cryptocurrency on the Solana Chain

The current value of the PUMPY cryptocurrency is $0.00015 and the market capitalization is $161.15K. The NPC token price is $0.00498, with a market capitalization of $1.97 million and a 24-hour trading volume of $9.04 million, boasting an impressive increase of 1,443.66%.

Jonah, trading at $0.000914, surged 539.42% intraday, with trading volume up 435.24% to $5.62 million. Meanwhile, Pepe Unchained (PEPU) is gaining popularity in the meme coin sector, raising over $15.7 million during the pre-sale period. Bitcoin is testing $65,000. Level according to positive economic indicators in the United States

1. Pump (pump)

The current price of PUMPY cryptocurrency is $0.00015 and it has a market cap of $161.15K. The 24-hour trading volume is $2.56 million, reflecting a significant surge of 25,556.53%. With a circulating supply of 999.99M tokens, PUMPY has full capacity in terms of available coins.

Price movements were noticeable throughout the trading session. Starting around 10 AM, Pumpy began an upward trend, which became evident as the price rebounded. This price movement eventually peaked shortly after 2 PM. However, momentum changed around 2:30 PM when a downward correction began. At 4:30 PM, a small green candle appeared, signaling a possible short-term recovery.

pumps price chart

Price fluctuations throughout the session range from a low of $0.0001494 to a high of $0.0001740. The price was later confirmed at $0.0001611, up 3.57%. Volumes support this activity with a surge around the 10am rally, indicating strong market interest. Additionally, volume increased again as prices corrected around 4 PM, suggesting selling pressure during the downtrend.

Looking at the bigger picture, the bullish momentum early in the day suggests strong buying interest, but the subsequent correction suggests the possibility of profit taking. Price hovering around $0.0001500 could indicate support, while resistance near $0.0001740 seems plausible, given that the price cannot rise any further.

2. NPC(NPC)

The current price of NPC Token is $0.00498. The market capitalization was $1.97 million and the 24-hour trading volume was $9.04 million, an increase of 1,443.66%. The circulating supply is 420.69M NPCs, which is the total maximum supply.

Regarding volume insights, we see significant activity during the recent price action, with volume peaking at 104.606K. A gradual increase in volume before a price spike indicates increased market interest and active trading during the correction phase. The early afternoon saw strong bullish momentum, especially between 15:00 and 16:00, with large green candles indicating increased buying interest and positive sentiment. However, a large red candle appeared after 16:00, indicating selling pressure due to profit taking or market correction.

NPC price chart

From a technical perspective, the recent high of $0.009000 could act as a resistance level if the price attempts another move higher. Conversely, the current level of $0.004923 could act as short-term support, but the sharp decline suggests that the market could test lower levels if the selling continues.

Moreover, the NPC/USD pair has shown significant volatility, with rapid gains followed by rapid sell-offs. This means the market is undergoing a correction and traders should watch for signs of consolidation or further price declines before entering anything new. Therefore, risk management remains important in this volatile environment.

3. Jonah (Jonah)

Jonah is trading at $0.000914, reflecting an intraday gain of 539.42%. 24-hour trading volume surged to $5.62 million, reflecting a significant increase of 435.24%. The total issued volume is 999.99 million Zona Coins, all of which are already in circulation.

Analyzing the Jonah/USD pair on the 15-minute chart from DEXTools.io, we can see notable market volatility. The pair is traded on the RAY exchange and its current price is $0.0009429, down 11.22% over the past period. Each candle represents a 15-minute interval and shows various price movements throughout the day.

Jonah price chart

At around 9 am on this day, the market showed a strong upward trend. This is evident in the large green candle with a surge in volume indicating heavy buying activity. This surge was likely driven by positive market sentiment. However, from 11:00 to 13:00, the direction of the market reversed. A series of red candles and declining volume highlighted selling pressure.

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Moreover, recent price declines suggest a bearish market sentiment in the near term. Traders should carefully watch for signs of stabilization or reversal before making any decisions. Meanwhile, Jonah is currently listed on Bitget Wallet. Users can purchase tokens with a debit or credit card. The platform also offers instant coin-to-coin swaps and supports over 19 million users with a total swap volume of $8 billion.

What is the next most popular cryptocurrency?

Pepe Unchained (PEPU) is making waves in the meme coin space, raising over $15.7 million in presales. Unlike other meme coins that often rely solely on hype, PEPU introduces a layer 2 blockchain known as “Pepe Chain”. This innovation aims to differentiate itself in a market that typically thrives on speculative excitement by offering faster transactions and lower fees compared to Ethereum.

Layer 2 technologies that operate on top of existing blockchains such as Ethereum have gained significant traction in 2024, with over $37.6 billion locked across various networks. While Arbitrum, Base, and Optimism are leading the pack, Pepe Unchained seeks to differentiate itself by focusing solely on meme coins. According to the whitepaper, Pepe Chain promises to be 100 times faster than Ethereum and will include a dedicated block explorer along with instant connection capabilities.

Moreover, the project’s pre-sale was particularly successful, with each token priced at $0.00986 and an APY of 135%. Investors are attracted not only by the discounted price but also by the project’s dual staking protocol, which rewards token holders. Moreover, the rapid growth of pre-sales has caught the attention of influencers and analysts, with some even predicting a significant price increase once PEPU is officially released.

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After the reservation ends, Pepe Unchained We plan to launch a decentralized exchange (DEX) on Pepe Chain. Additional listings on other DEXs and centralized exchanges (CEXs) are also expected, which could increase visibility and accessibility. The project has also been audited by Coinsult and SolidProof, lending credibility to its token economics and overall structure.

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