Top Trending Crypto Coins on DEXTools – Aegis Ai, LiquidLayer Token, SuperFarm

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After declining for two consecutive days, the crypto market capitalisation has recovered. It has gained 2.57% in the last 24 hours. The total market capitalisation is now at $1.43 trillion. If the latest recovery is sustained, the market cap will reach its initial levels.

Traders’ impetus to invest heavily has fluctuated for over a month. Assets on DEXTools constantly reflect market sentiments more than most other platforms.

Most major global stock indices are anticipated to experience moderate increases throughout the upcoming year, concluding 2024 below their all-time highs. According to a Reuters poll of stock market experts, a slight majority foresee their respective markets touching new peaks within the following six months.

The future trajectory hinges significantly on expectations concerning interest rates, particularly after central banks have concluded mainly a phase of robust rate hikes enacted in response to the lingering inflationary pressures post-COVID.

Market analysts and traders are inclined to presume that the U.S. Federal Reserve will embark on interest rate reductions by the middle of the coming year. However, this prospect remains uncertain and needs to be distinctly aligned with the official statements issued by top central bank officials.

Top Trending Crypto Coins on DEXTools

The anticipation of potential rate cuts is a contributing factor influencing the viewpoint of a narrow majority among survey respondents – 46 out of 82 experts – who anticipate most major indices to regain their previous record highs during that period.

Despite these expectations, the broader poll conducted between November 9 and 22 among over 120 stock market specialists indicates that only a small number of the 15 primary stock indices are anticipated to reach their record peaks by the end of 2024.

1. Aegis Ai (AEGIS)

Aegis Ai, a trailblazing decentralised financial payment network, is reshaping the conventional payment landscape through blockchain technology. This innovative platform employs a collection of fiat-pegged stablecoins, stabilised algorithmically by its reserve currency, AEGIS. This approach facilitates programmable payments and fosters the development of an open financial infrastructure.

Having transacted approximately $299 billion for over 2 million users since December 2020, Aegis Ai is a robust player in the decentralised financial sector.

As of the latest update, the current price of Aegis stands at $0.0816, experiencing a remarkable surge of 137.23% in the last 24 hours. This cryptocurrency has garnered notable attention with a circulating supply of 100 million AEGIS coins and 100 million AEGIS.

For those interested in buying or selling this top-trending coin, ParaSwap Ethereum emerges as the most active exchange, facilitating trading within the platform. The network’s thriving activity underlines its growing significance within the evolving landscape of blockchain-integrated financial systems.

2. LiquidLayer Token (LILA)

LiquidLayer (LILA), a burgeoning cryptocurrency, is another top-trending cryptocurrency that has surged significantly, currently at $0.710690. In the last 24 hours alone, LILA has witnessed a staggering 72.89% increase in its price, marking an impressive 188.34% surge over the past week. With a circulating supply of 6.5 Million LILA tokens, the market cap of LiquidLayer is valued at $4.47 million.

LILA’s price history shows its resilience and potential. The highest price ever recorded for LiquidLayer was $0.890273, which was observed today. Comparatively, the current price sits approximately 18.82% lower than this all-time high. Conversely, the lowest price noted for LILA was $0.03444199, registered on October 28, 2023, representing an incredible 1,998.45% increase from its all-time low.

LILA price chart

The token’s fully diluted valuation is $6.87 million. This figure represents the maximum potential market cap, considering the hypothetical scenario where 10 Million LILA tokens are circulating today. Realising the FDV might take several years, depending on the emission schedule designed for LILA tokens.

In terms of performance against its peers, LiquidLayer has exhibited remarkable growth, boasting a 178.80% surge in the last seven days. This growth significantly outpaces the global cryptocurrency market, which observed a 3.10% increase, and similar Ethereum Ecosystem cryptocurrencies, experiencing a 12.70% rise.

The market sentiment surrounding LiquidLayer appears overwhelmingly positive, with over 91% of the community expressing bullish sentiments for LILA today. This fervour among users showcases growing enthusiasm and confidence in the potential of LiquidLayer within the cryptocurrency landscape.

3. SuperFarm (SUPER)

In the latest SuperFarm forecast, its price is projected to decrease by 7.29%, potentially reaching $0.166364 by November 28, 2023. Technical indicators indicate a bullish sentiment, with the Fear & Greed Index showcasing a reading of 66 (Greed). Over the past 30 days, however, the SUPER token experienced 18 out of 30 (60%) green days, exhibiting 23.43% price volatility. According to the SuperFarm forecast, the current period could be an opportune moment for investors to consider purchasing SuperFarm tokens.

Analysing historical SuperFarm price movements and Bitcoin halving cycles, predictions estimate the yearly low SuperFarm price for 2024 at $0.156020. Additionally, projections suggest a potential peak price of $0.413371 for SuperFarm in the coming year. Expanding upon this methodology, further price predictions for SuperFarm are outlined annually until 2030.

Considering the technical indicators, SuperFarm’s 200-day Simple Moving Average (SMA) is anticipated to rise and reach $0.108558 by December 23, 2023. Simultaneously, the short-term 50-day SMA is forecasted to reach $0.153146 by the same date.

SUPER price chart

The Relative Strength Index (RSI), a momentum oscillator, currently stands at 82.18, indicating an overbought condition in the UPER market. The RSI suggests a potential increase in the price of SUPER.

Moving averages, commonly used in financial markets, smoothen price action over specific durations. These indicators rely on past price movements. The table details two moving averages: Simple Moving Average (SMA) and Exponential Moving Average (EMA).

Recent data analysis reveals SuperFarm’s price exhibited the highest positive correlation with Maker (MKR), Ethereum (ETH), Bitcoin (BTC), OKB (OKB), and Cardano (ADA) over the past seven days. Conversely, the strongest negative correlations were observed with TRON (TRX), EOS (EOS), Zcash (ZEC), NEO (NEO), and Litecoin (LTC).

What Might Be The Next Top Trending Crypto?

Meme Kombat (MK) merges memes and gaming, featuring battlefield duels between renowned characters and offering staking rewards of up to 499% APY. The platform also allows users to engage in unpredictable meme battles while concurrently earning passive income, delivering an innovative twist to conventional meme coins.

A robust tokenomics model supports these functionalities, with 50% of the overall MK supply designated for presale buyers. This setup has proven successful, raising nearly $2 million in funding since the onset of Meme Kombat’s presale.

The presale has attracted global investor interest, notably with MK tokens priced at just $0.205. Particularly noteworthy, Meme Kombat’s presale operates on a tier-based structure, offering this price for only one more day before a significant increase.

The burgeoning buzz around Meme Kombat and its presale continues to grow, evidenced by the participation of over 4,500 individuals in the official Telegram channel.

Backed by a thorough audit from Coinsult and helmed by seasoned founder Matt Whiteman, Meme Kombat appears firmly positioned to expand and become a top-trending coin once it enters the post-presale open market.

Visit Meme Kombat.

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