The burgeoning crypto industry is rapidly evolving with the constant emergence of new trends and market movements. In order to make informed decisions and stay up to date, it is essential to stay up to date with the latest market movements and trends. This is based on data-driven decision making. We also took a look at trending altcoin projects on data source CoinMarketCap.
Most wanted cryptocurrencies: PEPE, SUI and KEKE
According to the results of the list showing the most searched cryptocurrencies on CoinMarketCap’s website, the top 3 trending altcoins were Pepe (PEPE), Sui (SUI) and KEK (KEKE).
Compared to the previous analysis of the most trending cryptocurrencies earlier this week, PEPE and SUI remained in the top 3. cryptocoin.comAs you follow, Pepe has maintained its leadership as the most popular cryptocurrency on the platform every day since the beginning of the week. Meanwhile, KEKE replaced LADYS in third place.
Altcoin Pepe (PEPE) at the top of the trend list
A number of meme coins have come to the fore on social media platforms lately. However, none of them caught the attention of investors as much as PEPE. Inspired by the ‘Pepe the Frog’ internet meme, this cryptocurrency has made a massive 5,000,000% price jump. This raises the eyebrows of every crypto investor.
At press time, PEPE was trading at $0.000001497, down 5.60% on the day. Meanwhile, in the past week, the price of PEPE has increased by more than 17%. However, it has dropped over 65% from its ATH level of $0.00000431, which it reached on May 5. Despite this, the altcoin has gained 442% in the last 30 days.
Sui (SUI) also took its place among the trends
SUI is a native token associated with Sui Network, a Tier-1 Blockchain developed by Mysten Labs. The token serves many purposes, such as conducting transactions within the network, meeting operational fees, and rewarding validators.
At the time of this writing, SUI was changing hands at $1.13, down 3.7% in the previous 24 hours. However, the altcoin gained more than 5.3% on a weekly basis. On the other hand, its market cap has decreased significantly after losing 75% in value last month.
The last altcoin project on the list is Cake (KEKE)
Not surprisingly, another meme coin is again among the top three trending cryptocurrencies. This time, KEKE, a crypto token that has come to the fore after hitting an all-time high by leaping over 900% in 24 hours earlier last week.
Currently, KEKE is trading at $0.00000007281, down over 11.6% on the day. Over the past week, its price has increased slightly, under 1%. KEKE’s price has increased by more than 400% since its launch on May 6.
Today’s results show that meme coins continue to attract a lot of attention in the crypto community towards the weekend. These crypto tokens do not have a specific commercial or economic use. Despite this, they are extremely sensitive to online influences such as social media. That’s why it’s often among the most trending cryptocurrencies.
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