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There have been major and notable changes in this week’s list of trending cryptocurrencies. The B2 token jumped from the 4th spot to the 2nd. Other coins also entered the list, even though they weren’t present last week. Without further delay, let’s take a look at each of them.
BUILDon (B)
Major Bias: Bullish
The B token tops this week’s trending list. At the time of writing, it has seen a 24-hour price decline of just 1.80% but a remarkable 7-day gain of 991.52%. Its market cap stands at $305.23M with a trading volume of $547.21M.
The B/USDT market is newly launched, and its price action is best analyzed on the 1-hour chart. The latest candlestick shows a rebound off the lower Bollinger Band. The price is currently retracing toward the middle band. Meanwhile, the Smoothed Rate of Change (SROC) indicator trends sideways just below the equilibrium. If upward momentum strengthens and the price breaks the middle Bollinger Band, the market may target the $0.3600 level.
Current Price: $0.3052
Market Capitalization: $305.23M
Trading Volume: $547.21M
7-Day Gain/Loss: +991.52%
BSquared Network (B2)
Major Bias: Bullish
The B2 token recorded a 24-hour gain of 0.94% but a 7-day loss of 6.24%. It holds a market cap of $29.86M with a trading volume of $781.52M.
The line chart shows a strong upward trend in recent sessions, turning green in the short term. However, the current trajectory points downward, signaling that bullish activity may be slowing. As such, the market might retest the $0.6300 support level.
Current Price: $0.6330
Market Capitalization: $29.86M
Trading Volume: $781.52M
7-Day Gain/Loss: -6.24%
Merlin Chain (MERL)
Major Bias: Bullish
MERL ranks third this week, despite a 24-hour drop of 6.91% and a modest 7-day gain of 0.55%. Its market cap stands at $83.31M, with a trading volume of $365.3M.
The MERL/USDT market has been climbing steadily. However, after testing the upper Bollinger Band, the price faced strong resistance and pulled back into the range. The last green candlestick hovers just above the middle Bollinger Band, which itself trends upward. The SROC indicator is also pointing upward, suggesting potential movement toward the $0.1500 price level.
Current Price: $0.1341
Market Capitalization: $83.31M
Trading Volume: $365.30M
7-Day Gain/Loss: +0.55%
Biswap (BSW)
Major Bias: Bullish
BSW holds the fourth position with a 24-hour loss of 3.26% and a 7-day loss of 5.68%. Its market cap is $19.96M, and its trading volume stands at $91.80M.
In April, BSW experienced a sharp rise, but May has seen a decline toward lower support levels.
Most recently, price action has been moving sideways, with the last red candle sitting below the midline of the Bollinger Bands. The SROC indicator also appears flat, signaling that further bearish pressure could pull prices down to $0.0250.
Current Price: $0.0300
Market Capitalization: $19.96M
Trading Volume: $91.80M
7-Day Gain/Loss: -5.68%
48 Club Token (KOGE)
Major Bias: Bullish
KOGE rounds out this week’s top trending list with a 24-hour gain of 3.09% and a strong 7-day gain of 18.45%. Its market cap stands at $192.70M, with a trading volume of $ 773.90 M.
The KOGE/USDT chart shows the market stabilizing just below the $57.00 mark after past price volatility. With the current trajectory holding steady, a breakout past $57.00 could lead to a move toward the $60.00 level.
Current Price: $56.87
Market Capitalization: $192.70M
Trading Volume: $773.90M
7-Day Gain/Loss: +18.45%
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