It has been only a few years since the world began to value crypto coins or this industry. Before this, it was regarded as a scam, Ponzi scheme, or whatnot, which pushed many people away from the industry. However, that has changed now, as people have begun to realize its potential, especially from the trading perspective as thousands of people have made significant returns on their investments. As a result, the crypto market boomed, with $2.42 trillion in market cap and $104.5 billion in trading volume. More importantly, millions of crypto tokens now exist with unique use cases and functionality, but only a few have gained the popularity and interest of investors.
Top 3 Trending Crypto Coins of The Market Today
In the last few days, the crypto market has surged significantly, and the user’s sentiments have also turned to greed from neutral. More importantly, Bitcoin and many other popular altcoins witnessed new gains, officially putting the market in a green zone. The same was true today, as the crypto market heatmap indicates new progress. However, a few tokens also faced significant consolidation, disappointing many. In this chaos, three crypto coins, BTC, DOGE, and GRASS, were in the most trends and for some special reasons.
1. Bitcoin (BTC)
Bitcoin is the most demanding token in the market every single day. This demand and popularity have come from its more than decade-long exponential growth. More importantly, it has a high dominance in the crypto market, and its performance impacts others. Being the biggest asset among millions of cryptocurrencies, every single investor follows it, and just today, the Bitcoin price surged to a seven-month high of $73.464, creating a big milestone. Even at the time of reporting, it is trading at $72,300.34 and is just 2% away from the ATH of $73,750.07, catching every crypto investor’s attention.
2. Dogecoin (DOGE)
Dogecoin, or the king of the meme coins, has impressed investors with its recent gains. The DOGE price surged 20% over the week and 40% over the month before facing a consolidation today. Despite that, it has achieved the biggest peak since May-June, impressing its holders. More importantly, this surge came when the market was focused on newly launched crypto coins like GOT, X Empire, and others. However, this rally has confirmed that holders why it is the biggest meme-themed cryptocurrency for years.
3. Grass (GRASS)
GRASS is one of the newly launched crypto tokens, but despite that, it has gained a market capitalization of $230.60M. Because of the recent launch, there is high volatility around the token, causing a 10% loss in the last 24 hours. As a result, the GRASS is now valued at $0.9259 and has moved 15% away from yesterday’s ATH peak of $1.11.
At a time when most altcoins are growing, this token’s loss caught the investor’s attention. More importantly, GRASS is focused on building the first open internet scale web crawl, which is interesting.
What’s In There For You With These Trending Crypto Coins?
Profits and losses are part of the crypto industry, where an investor should be mentally prepared for everything. There are many things that an investor needs to check to make profits and limit losses. Strategies like risk management and figuring out the right crypto coins to invest in are the basic things. Like today, Bitcoin, Dogecoin, and GRASS are trending for significant achievements, revealing where the crypto market is focused.
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