Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more
This week’s list of trending coins features Pi, FUN, AUCTION, BABY SHARK, and the LOOM token. The token with the most impressive performance is FUN, as it has retained its position as the second most trending token since last week. Without further ado, let’s take a closer look at each of the tokens below.
Pi (PI)
Major Bias: Bullish
The Pi Network token has experienced a notable price increase today, placing it at the top of this week’s trending coins list. The token’s price has surged by an impressive 14.65%, although it has declined by 22.44% over the past seven days. Pi currently boasts a market cap of $4.19B and a trading volume of $1.32B.
The token’s daily chart reflects the aforementioned gains. However, the corresponding price candle lies below the lone visible 20-day MA line, suggesting limited momentum. The candle appears contracted, indicating market indecision, as evidenced by long upper and lower shadows. Additionally, the Stochastic Rate of Change (ROC) indicator lines are trending sideways, significantly below the 0.00 level. Consequently, aiming for a retracement toward the $1.000 mark seems overly ambitious at this stage.
Current Price: $0.5898
Market Capitalization: $4.19B
Trading Volume: $1.32B
7-Day Gain/Loss: -22.44%
FUNToken (FUN)
Major Bias: Bullish
In second place on this week’s list of trending coins is FUNToken. As of writing, it has a market cap of $96.28M and has experienced a 68.74% price increase in the last 24 hours, along with a 123.78% surge over the past seven days. It also has a trading volume of $151.35M.
The daily price chart shows aggressive bullish momentum. The last candle reveals that the market tested the $0.01000 resistance level before retreating to the current price of $0.008880. Meanwhile, the MA lines remain well below the current price action and appear to be converging for a crossover below the latest candle. The Stochastic ROC lines are soaring above the equilibrium, suggesting that bullish pressure remains strong.
Current Price: $0.008880
Market Capitalization: $96.28M
Trading Volume: $151.35M
7-Day Gain/Loss: +123.78%
Bounce Token (AUCTION)
Major Bias: Bullish
In third place is Bounce Token (AUCTION), which has recorded a 15.13% price increase in the past 24 hours and 15.34% over the past seven days. It currently has a market cap of $96.23M and a trading volume of $188.42M.
The price chart shows that this market has recently seen a strong uptrend, with prices briefly surpassing the $60 mark and approaching $70. Despite sharp price swings, the overall trend remains bullish, supported by an upward-sloping trendline. However, the market is currently trading below all MA lines. The ongoing session displays a green candle rebounding off the trendline. The Stochastic ROC has dropped below the equilibrium level, indicating oversold conditions, but the rebound off the trendline suggests continued upward momentum.
Current Price: $14.54
Market Capitalization: $96.23M
Trading Volume: $188.42M
7-Day Gain/Loss: +15.34%
Baby Shark Meme (BABYSHARK)
Major Bias: Bullish
Baby Shark takes the fourth spot on this week’s trending coins list. The token rose 7% in the past 24 hours but dropped by 3.99% over the past week. It currently has a market cap of $2.57M and a trading volume of $3.97M.
The trading chart shows a lack of participation, with stagnant price candles indicating minimal activity. All price candles are situated below the 20- and 50-day MA lines—the only indicators currently visible. The Stochastic ROC is below the equilibrium level, indicating a bearish outlook. Given the subdued state of the market, traders should not expect significant gains anytime soon. A drop toward the $0.00300 level appears possible.
Current Price: $0.003060
Market Capitalization: $2.57M
Trading Volume: $3.97M
7-Day Gain/Loss: -3.99%
Loom Network (LOOM)
Major Bias: Bullish
Loom Network occupies the fifth spot on this week’s list. The token has increased by 12.45% over the past 24 hours but has declined by 33.33% over the last seven days. As of writing, it has a market cap of $30.54M and a trading volume of $75.15M.
The daily chart reflects strong, albeit volatile, price action. The candle from the previous session showed a moderate gain but failed to push the price above any MA lines. The most recent candle depicts a downward retracement, falling below all MA indicators. Meanwhile, the Stochastic ROC has dipped below the equilibrium level and is still trending downward, suggesting the possibility of further declines. Traders should anticipate a potential move down toward the $0.02400 level or lower.
Current Price: $0.02499
Market Capitalization: $30.54M
Trading Volume: $75.15M
7-Day Gain/Loss: -33.33%
Do you want to take your trading to the next level? Join the best platform for that here.
[xyz-ihs snippet="Markets"]Learn to Trade
Never Miss A Trade Again
Signal Notification
Real-time signal notifications whenever a signal is opened, closes or Updated
Get Alerts
Immediate alerts to your email and mobile phone.
Entry Price Levels
Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.
