Trending Cryptocurrencies for January 5, 2025: TRUMP, BTG, PENGU, SUI, and JASMY

This week’s list of trending cryptocurrencies features a completely different set of cryptocurrencies from last week. Also, new tokens such as the PENGU coin have made it to the list as they have gathered much traction within a short space of time. Without further ado, let’s get into the details of each of the coins on the list.

Trump Era (TRUMP)

Major Bias: Bullish

The coin at the top of this week’s list of trending cryptocurrencies is the Trump Era token. This coin has, within a short time, gathered significant traction. This can be seen as the token’s price has risen by an amazing 64,775.56% over the past seven days. Likewise, its price had rallied by a whopping 571.45% in 24 hours. Meanwhile, it only has a market capitalization of $120.13M and a trading volume of $21.05M.

Meanwhile, the price chart represented by a line graph has revealed that prices in this market have been trending upward. The line graph corresponding to price movement stays green all through, portraying that bulls have stayed generally in control of price movement. Consequently, traders can hope that the trend will continue toward the $0.00300 price level.

Current Price: $0.00260

Market Capitalization: $120.13M

Trading Volume: $21.05M 7-

Day Gain/Loss: 64,775%

Bitcoin Gold (BTG)

Major Bias: Bullish

And second on this week’s list of trending cryptocurrencies is the Bitcoin Gold token. This coin too has performed nicely in 24 hours, recording a price increase of 91.10% and 139.95% in the past seven days. Also, the token has a market cap of $429.44M and a trading volume of $1.90B.

The token’s price action shows that the market has just broken out of a consolidation move just below the $10 price level. The market spiked upward as it broke out of consolidation, rising past the 20-day Moving Average (MA) curve. The last price candle can be seen to have tested the resistance at the $20 mark and has retracted from that price level. Nevertheless, the Stochastic Relative Strength Index Lines can be seen still rising undeflected upwards. Even the last price candle on the chart stays green and, as such, maintains the impression that upside forces are still in the lead, and the market may approach the $25.00 subsequently.

Current Price: $18.33

Market Capitalization: $429.44M

Trading Volume: $1.90B

7-Day Gain/Loss: 139.95%

Pudgy Penguins (PENGU)

Major Bias: Bullish

The PENGU token stands in the fourth spot on this week’s list of trending coins, and it also maintains a bullish bias similar to the previously examined coins. The coin has seen an additional price increase of 13.11% in 24 hours and a 16.22% increase over the past seven days. Furthermore, its market cap stood at $2.58B with a trading volume of $752.28M as of the time of writing.

Meanwhile, the token price chart reveals that price activity has been trending slightly upward for the most part of recent trading sessions. Also, it should be noted that the token is newly launched and, as such, it is being studied on a 4-hour price chart. Nevertheless, its price action lies above all the MA lines on the chart. Even the last price candle on the chart has appeared green, suggesting that upside forces are still in the lead. The Stochastic RSI lines are in the overbought region and have delivered a crossover there. However, the ensuing lines of the indicator are now trending sideways due to the fact that buyers are in the lead. Also, the position of price action above all the available MA lines suggests that the market may rise toward the $0.04250 price mark.

Current Price: $0.04127

Market Capitalization: $2.58B

Trading Volume: $752M

7-Day Gain/Loss: 16.22%

Sui (SUI)

Major Bias: Bullish

The Sui token has also made it to this week’s list of trending cryptocurrencies. This coin has seen a price increase of 7.51% in the past 24 hours and a 25.64% increase over the past seven days. It has a market cap of $15.86B and a trading volume of $2.58B, all at the time of writing.

The price chart also revealed that the token has been performing well. This could be seen as price action in the market kept moving from one higher support to another. The market rose significantly in the past two sessions, while the ongoing session has brought a minor downward retracement. Nevertheless, the token stays above all the MA lines while the Stochastic RSI lines continue to rise into the overbought region of the indicator. Consequently, traders can stay positive about the market hitting the $5.500 shortly.

Current Price: $5.256

Market Capitalization: $15.86B

Trading Volume: $2.58B

7-Day Gain/Loss: 25.64%

JasmyCoin (JASMY)

Major Bias: Bullish

The JasmyCoin comes fifth on today’s list of trending cryptocurrencies. The token as of today has seen a price increase of 6.14%, while it had seen just a 12.72% price increase over the past seven days. Meanwhile, the token has a market cap of $1.94B and a trading volume of $244.26M.

The token’s price action has portrayed that a downward force has caused a downward retracement in this market. This has brought the market to deliver a bullish breakout pattern just above the $0.03000 baseline. The price action, however, has seen a minor downward retracement in the ongoing session, but the 20- and 50-day MA lines can be seen converging below recent price activity. At the same time, the Stochastic RSI lines have been rising into the overbought region of the indicator. Consequently, indications arising from price action suggest that the upside retracement will likely extend toward the $0.04500.

Current Price: $0.03924

Market Capitalization: $1.94B

Trading Volume: $244.26M

7-Day Gain/Loss: 12.72%

Do you want to take your trading to the next level? Join the best platform for that here.