Top Trending Crypto Coins on DEXTools – Mino, Pal, $Roar

Bitcoin has reached a major milestone in the cryptocurrency market, with its market capitalization surpassing that of Ethereum, its closest competitor, by more than $1 trillion. At the time of this report, Bitcoin is trading at $68,366, with a total market capitalization of approximately $1.35 trillion. In contrast, Ethereum’s price is $2,647, which corresponds to a market capitalization of approximately $318.68 billion. This means that Bitcoin is currently ahead of Ethereum by $1.03 trillion, which is more than four times Ethereum’s market value.

According to James Check, principal analyst at Glassnode, the existing gap of over $1 trillion between Bitcoin and Ethereum marks a record gap, indicating that such a disparity has never been seen in the history of these cryptocurrencies. Meanwhile, tokens from several networks also saw rallies. This article organizes the Top Trending Crypto Coins on DEXTools.

Top Trending Crypto Coins on DEXTools

MINO is currently priced at $0.000625, with a market cap of approximately $852.86K. Meanwhile, Pal (PAL) is trading at $0.0139, with a market cap of $9.13 million and a 24-hour trading volume of $1.51 million.

The recent price movements of $ROAR indicate a significant change in market trends. In other developments, Pepe Unchained (PEPU) successfully surpassed $20 million during its presale. In addition, Bitcoin rose 9%, marking its strongest week in more than a month.

1. Mino (MINO)

MINO is currently trading at $0.000625, with a market cap of $852.86K. In the last 24 hours, the trading volume jumped to $3.38 million and a price increase of 25,004.03%. MINO has a circulating supply of 1.00 billion coins, with no additional coins expected, as it has already reached its maximum supply of 1.00 billion.

When analyzing the MINO/USD chart on a 15-minute time frame, several key price trends emerge. The price opened around $0.0006068 and gradually climbed up to $0.0007927, representing an increase of 30.63% over the observed period. Additionally, the price reached a high of $0.0008874 and fell to a low of $0.0004788, highlighting notable volatility. A strong bullish rally pushed the price near $0.0012; however, this was followed by a correction, which caused a downward movement of the last candles.

Candlestick patterns further reflect this price action. Initially, the market experienced a consolidation phase, with small candles signaling limited volatility. However, around midday, an uptrend emerged, marked by larger green candles that showed strong buying pressure. This was quickly followed by a correction phase, during which a series of red candles indicated selling pressure, likely as traders took profits or shorted the asset.

ALREADY MORE THAN 500 $MINO HOLDERS 🐕$MINO THE SHIBA ARMY IS GROWING 🦴 🐾 pic.twitter.com/RCEOyYfxtm

– $MINO (@minoshib) October 20, 2024

Market sentiment appeared bullish during the early part of the session, likely driven by positive market developments or increased demand. However, the correction in the latter part of the chart suggests a short-term reversal, likely due to profit-taking or a natural market adjustment after the rapid price rise.

2. Friend (PAL)

Pal (PAL) is changing hands at $0.0139, with a market cap of $9.13 million and a 24-hour trading volume of $1.51 million. Trading activity witnessed a significant increase of 10,306.67% over the past day. PAL’s circulating supply is 1 billion tokens, which is also the maximum supply.

Initially, PAL price saw a rapid rise, starting at $0.009171 and peaking at $0.009762. This sharp increase suggests a strong uptrend driven by increased buying pressure. However, this momentum was short-lived as the price quickly fell to $0.008625. Currently, it has recovered slightly to $0.009181, although it remains near the session low.

During the price surge, trading volume increased significantly, with 127,964 tokens traded. This indicates that a large number of traders entered the market, fueling the initial rise. Additionally, even though the price has fallen, the trading volume has remained high. This suggests that many sellers were likely taking profits or reacting to what may have been an overbought situation.

In terms of candlestick patterns, the initial green candle reflected strong buying activity. However, several red candles soon followed, signaling a steady decline as sellers began to dominate the market.

Overall, market sentiment initially appeared bullish, likely driven by positive catalysts or large buy orders. Nonetheless, the strong selloff indicates a rapid shift toward bearish sentiment, likely due to profit-taking.

3. $Roar (ROAR)

The recent price movement of $ROAR shows a notable change in market dynamics. Initially, the price surged to 0.00992, accompanied by a significant increase in trading volume. Additionally, there has been a remarkable increase of 12,066.05% in the last 24 hours, indicating strong buying interest. Large green candlesticks marked the first price movements. This trend reflects bullish momentum with minimal resistance from sellers. This initial bullish sentiment was likely driven by market optimism or a positive event. Such factors encouraged buyers to push up prices over a short period of time.

However, this surge was quickly followed by a large red candlestick, signaling a bearish reversal. This suggests that buyers were quickly exhausted. As a result, sellers took over aggressively, erasing much of the earlier gains. Trading volume remained above average, although it declined slightly during the second half of the session. This indicates that although selling pressure was still present, it was gradually weakening.

The market tried to stabilize after the sharp decline. However, the alternation of green and red candles between 2:00 p.m. and 4:00 p.m. showed that the overall trend remained bearish. The lack of a strong rebound further speaks to low confidence in a potential reversal. In summary, sellers continued to maintain control and bearish sentiment dominated the market.

What could be the next hottest cryptocurrency?

Pepe unleashed (PEPU) recently reached a notable milestone by surpassing $20 million in pre-sales. This layer 2 meme coin aims to distinguish itself from its competitors and establish a lasting presence in the cryptocurrency market.

The pre-sale is growing, raising hundreds of thousands of dollars every day, for a total now around $21 million. Investors can acquire PEPU tokens at a fixed price of $0.0112 and the presale accepts various payment methods including ETH, USDT, BNB, and credit or debit cards.

Once the presale is complete, Pepe Unchained plans to list PEPU on an Ethereum-based decentralized exchange (DEX), with token claims to go live simultaneously. Meanwhile, 7.5% of the total supply of 8 billion tokens has been allocated for initial liquidity, and 10% of the supply is reserved for future marketing efforts.

The project’s smart contracts have undergone extensive audits by Coinsult and SolidProof, which have reported no significant issues. This action could boost investor confidence, as evidenced by the project’s growth on social media, with more than 50,700 followers on Twitter and more than 10,000 followers on Telegram.

Pepe continues to BUILD!

$21 million raised. The momentum is increasing! 🐸🐸🐸 pic.twitter.com/3c8pvDEsvU

– Pepe Unchained (@pepe_unchained) October 20, 2024

Pepe Unchained is also developing a dedicated layer 2 network called Pepe Chain, which promises faster transactions and lower fees than Ethereum. Additionally, PEPU holders will have access to a “double staking” application, allowing for annual returns of approximately 107%.

The team encourages innovation by offering grants to developers for new projects on Pepe Chain, with the aim of fostering the growth of its ecosystem. Overall, Pepe unleashed seeks to create an efficient and accessible environment for meme coin traders.

Visit the Pepe Unchained presale

Learn more

Most Wanted Crypto Launch – Pepe Unchained

• Layer 2 Coin Ecosystem
• Featured in Cointelegraph
• SolidProof and Coinsult audited
• Faceoff Rewards – pepeunchained.com
• Over $10M Raised at ICO – Ending Soon