Trending Coins for February 2, 2025: DCOIN, TRUMP, RUNE, QTUM, and LIT

Here comes this week’s list of trending coins, with all the coins from last week replaced by a new set. Some of these coins have recorded varying price increases so far in today’s trading activity. Nevertheless, each of these coins has gathered a notable level of attention, which is why they have made it onto this list. Let’s dive into the details below.

Dogcoin (DCOIN)

Major Bias: Bullish

Dogcoin is the leading coin on this week’s list of trending coins. Based on available metrics, it has seen the highest price increase in the past 24 hours. Dogcoin has surged by 95.18% in the past 24 hours and 4.57% over the past seven days. Meanwhile, this coin has a self-reported market capitalization of $2.34M and a trading volume of $10.69M.

The available price chart for the DCOIN token shows that the market is bullish. The line graph appears green, indicating strong activity, with noticeable fluctuations. The terminal part of the line is aligned at the $0.0024 price level. Although the available chart lacks technical indicators, the market could still advance toward the $0.0035 price level.

Current Price: $0.002400

Market Capitalization: $2.34M

Trading Volume: $10.69M

7-Day Gain/Loss: 4.57%

OFFICIAL TRUMP (TRUMP)

Major Bias: Bearish

Second on this week’s list of trending coins is the OFFICIAL TRUMP token. This token has not made the list due to price increases but rather because of the attention it gathered when its price surged. Now that it is declining, concerns are being raised among market participants.

This coin holds the second position on the list and has seen a price decline of 18.24% in the past 24 hours and 34.12% over the past seven days. Consequently, its market capitalization has fallen to $4.07B, with a trading volume of $2.98B.

On the price chart, price action is still trending downward, as indicated by the drawn downward-sloping trendline. However, the last price candle is green but relatively small. Price action remains below all available Moving Average (MA) curves on the 4-hour chart. Meanwhile, the Stochastic Relative Strength Index (RSI) is trending upward from deep in the oversold region.

Despite this, the market still appears overwhelmed, and bullish hopes seem quite dampened. Therefore, traders can anticipate a continued downward retracement toward the $18.00 price level.

Current Price: $20.27

Market Capitalization: $4.07B

Trading Volume: $2.98B

7-Day Gain/Loss: -34.12%

THORChain (RUNE)

Major Bias: Bearish

The RUNE token has secured the third position on this week’s list of trending coins. The coin has recorded a 46.04% price decline in the past 24 hours and 59.89% over the past seven days. Additionally, this token has a market capitalization of $388.73M and a trading volume of $951.33M.

Similar to the TRUMP token, RUNE also exhibits a downward trajectory. Price action in this market is declining rapidly, bringing its value below all MA lines on the chart. Likewise, the Stochastic RSI lines are falling steeply into the oversold region, following a bearish crossover below the 40 threshold.

Although the last price candle suggests a significant reduction in bearish momentum, this market still appears poised to drop below the $1.00 mark.

Current Price: $1.095

Market Capitalization: $388.73M

Trading Volume: $951.33M

7-Day Gain/Loss: -59.89%

Qtum (QTUM)

Major Bias: Bullish

The QTUM token holds the fourth position on this week’s list of trending coins. Despite this, the coin has recorded a 7.00% price increase in the past 24 hours and a 35% increase over the past seven days. As of the time of writing, its market capitalization stands at $1.70B, while its trading volume is $663.36M.

Price activity on the token’s chart remains in the green and continues to trend upward steadily. Over the past four sessions, this token has maintained bullish momentum. Additionally, the last price candle on the chart has positioned the token’s price above the 50% Fibonacci Retracement level, despite a recent downward contraction.

As a result, price activity continues on an upward trajectory above all MA lines. Likewise, the Stochastic RSI indicator lines are in the overbought region. Although the leading RSI line is already at the 100 mark, traders should still anticipate a retracement toward the $4.00 mark.

Current Price: $3.94

Market Capitalization: $1.70B

Trading Volume: $663.36M

7-Day Gain/Loss: 35.00%

Litentry (LIT)

Major Bias: Bullish

The Litentry token is the fifth coin on this week’s list of trending coins but isn’t the worst-performing token on this list. The token has recorded a 78.48% price increase within 24 hours and a 62.11% increase over the past seven days. Additionally, LIT has a market capitalization of $64.66M and a trading volume of $271.83M.

On the price chart, the market is experiencing a strong increase in upside movement. Prices surged in the previous session, breaking multiple resistance levels. However, as expected, bears entered the market, leading to a downward contraction. The ongoing session appears to be yielding to downward pressure, as the current price candle appears red.

Nevertheless, this price candle is still holding the token above the $1.00 mark. Additionally, LIT remains above all MA lines. The Stochastic RSI lines are still projected upward, suggesting that the market may continue climbing toward the $1.500 mark.

Current Price: $1.026

Market Capitalization: $64.66M

Trading Volume: $271.83M

7-Day Gain/Loss: 62.11%:

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