Trending Coins for March 2, 2024: PEPE, DIGI, WIF, SOLSPONGE, FET

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RESULTS

Looking at this week’s list of trending coins, one can easily see that less prominent tokens have taken the top four positions on this list. The only prominent token on this list is the Fetch.ai token, and it could be seen hanging in the fifth position on this list. Let’s zoom in on each of these tokens for a clearer view of their price behavior.

Pepe

Major Bias: Bullish

The Pepe token has arrived at the top spot of the list of trending coins. It has recorded a price increase of 2.81% as of the time of writing. Likewise, its price has increased by nearly 230% over the past seven days. The token’s market capitalization was $1.72 billion as of the time of writing, while its trading volume was $1.97 billion.

The token’s price chart reveals that the market has been quite bullish. Even the ongoing session has seen a massive price increase earlier in the session but seems to have lost a significant part of it to headwinds. Nevertheless, the token has remained at its all-time high since it was launched. As earlier mentioned, the current session has witnessed massive rejection considering the length of the upper shadow of the last price candle. Meanwhile, the Moving Average Convergence Divergence (MACD) indicator lines keep trending upwards, with the bar solidly green in appearance. With that, traders can still speculate that the market can head towards the $0.000004500 mark.

Current Price: $0.000004080
Market Capitalization: $1.72 billion
Trading Volume: $1.98 billion
7-Day Gain/Loss: 229%

Digiverse (DIGI)

Major Bias: Bullish

The Digiverse token is another coin on this list of trending coins that has delivered some impressive performance. It stands in the second spot on the list. As of the time of writing, the token has printed a price increase of 51.52% in the ongoing session, while it only saw a price increase of 63.82% over the past seven days. Interestingly, the token has a tiny self-reported market capitalization of $2.52 million and a trading volume of $6.10 million.

The daily market chart reveals that the token has gained significant bullish traction in recent trading sessions. The previous session saw the market recoiled off its upside path. However, the ongoing sessions seem to be returning the market to its upside track. It has also kept prices above the Bollinger Bands. Meanwhile, the MACD bars have regained their solid green color, while its lines keep trending upwards. This is pointing out that the market may continue in its upside trajectory, towards the $1.100 mark.

Current Price: $0.9920
Market Capitalization: $2.52 million
Trading Volume: $6.10 million
7-Day Gain/Loss: 63.82%

Dogwifhat (WIF)

Major Bias: Bullish

In the third position on this week’s list of trending coins is the Dogwifhat. The token retains 17.80% in the ongoing session and has recorded an overall price increase of 281% over the week. As of the time of writing, the token possesses a market capitalization of $1.18 billion and a trading volume of $384 million.

Furthermore, on the daily chart, we can see that the price action in the market has been making higher lows for a long time. However, recently the uptrend strengthened significantly, causing the market to surge upwards through multiple resistances. The current session has introduced some downward correction to this market, but price action remains above the Bollinger Bands. Nevertheless, the MACD lines keep trending upwards and the indicator bars are still solid green in appearance. Consequently, this suggests that the market will continue towards the $1.300 mark.

Current Price: $1.1930
Market Capitalization: $1.18 billion
Trading Volume: $385 million
7-Day Gain/Loss: 281%

Solsponge (SOLSPONGE)

Major Bias: Bullish

The fourth token on the week’s list of trending coins is the Solsponge token. It has also performed impressively as its price has moved upwards by a massive 391% in today’s session alone. Meanwhile, the price of the token has increased by 421% over the past seven days. Be that as it may, the token has a tiny market capitalization of $975,749 and a trading volume of $2.51 million.

Looking at the price chart, it could be seen that the token has experienced massive traction as prices have seen multiple swing highs. However, it seems that the market turned tails in the ongoing session due to headwinds. Consequently, traders can retrace the support at the $0.0000000120 mark.

Current Price: $0.00000001270

Market Capitalization: $973,749
Trading Volume: $2.51 million
7-Day Gain/Loss: 421%

Fetch.ai (FET)

Major Bias: Bullish

The FET token has made it to the fifth spot on this week’s list. It could be seen that the token’s price has increased by an additional 4.74% while increasing by 69.23% over the past seven days. The token has a fair market capitalization of $1.50 billion and a trading volume of $433 million.

The Fetch.ai token has been performing very well in recent times. Bullish momentum has been sustained through multiple resistance marks. On the daily chart, price action has continued rising upwards while above the uppermost limits of the Bollinger Bands. Yet, the MACD indicator lines are still rising upwards and the bars of the indicator have remained solid green. Therefore, traders can continue the use of bullish crypto signals in this market, as the market may reach the $2.00 mark.

Current Price: $1.80
Market Capitalization:$1.50 billion
Trading Volume: $433 million
7-Day Gain/Loss: 68.23%

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