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Cryptocurrency News Articles

5 Trending Cryptocurrencies to Watch This Week

Jul 08, 2024 at 08:40 pm

Despite a market-wide struggle, there remains an optimistic buzz surrounding several cryptocurrencies this week. Let’s take a look at five trending

5 Trending Cryptocurrencies to Watch This Week

Cryptocurrency markets have had a rough time of it lately. After reaching all-time highs in 2021, the total crypto market cap has since halved. However, there are still some cryptos that are managing to defy the downturn and post some impressive gains.

In fact, some of the best-performing cryptos right now are meme coins. These coins, which are typically based on internet memes and have little to no real-world utility, have been outperforming serious blockchain projects and DeFi tokens for weeks now.

Not that we’re complaining, of course. After all, meme coins can make for some easy money if you time your trades right. And with these coins posting gains of up to 470% this year, there’s certainly a lot of money to be made.

So, if you’re looking to add some meme coins to your portfolio this week, here are five trending cryptos to watch:

WienerAI (Wiener)

Notcoin (NOT)

Pepe Unchained (Pepe)

And if you prefer something a little more serious, here are two non-meme trending cryptos to consider adding to your watchlist this week.

Manta (RWA)

LayerZero (ZRO)

Let’s take a closer look at each of these five trending cryptos.

Trending Meme Coins to Watch This Week

WienerAI (Wiener)

Coming in hot at the top of our list is WienerAI, a new meme coin-AI hybrid token that's been taking the market by storm. It’s already raised a total of $7 million, putting many other meme coins to shame.

While other meme coins and AI trading bots are out there, WienerAI is the first to combine the two concepts and integrate an AI language model into a trading bot. This allows users to ask the bot questions and have its predictive technology scan the market for the best trading opportunities.

They can then execute those trades directly from the WienerAI interface, which boasts instant, MEV-resistant, and fee-free trade execution. This removes all the fuss of on-chain trading, replacing it with an intuitive and seamless user experience.

On top of that, investors are also stoked about WienerAI’s staking mechanism, which currently offers a 158% APY. However, this will decrease as the staking pool grows.

The current WienerAI presale price is $0.000726, but the price will rise in one day. So, if you’re interested in adding this new meme coin to your portfolio, you’ll want to act fast.

Notcoin (NOT)

Crypto investors have taken a notable liking to gaming-focused projects recently. And while most other cryptos are struggling amid the industry's bearish momentum, one P2E game on the Toncoin network has advanced without a scratch.

We’re talking about Notcoin, of course, which has a colossal 40 million user base—a significant step forward for the industry's journey to mass adoption. The project is currently trending on CoinMarketCap and has exhibited impressive price action this week.

Currently, NOT is trading at $0.01736, up 7.5% today and 22% this week. Its price also soared 50% in a single day on Sunday. Notcoin has a $1.7 billion market cap and a $1.2 billion 24-hour trading volume, up 14% today.

There’s every chance that Notcoin will continue to outpace the market this week, so traders should keep a close eye out.

Trending Non-Meme Cryptos to Watch This Week

Manta (RWA)

Manta is a layer 1 blockchain that focuses on real-world assets. The project provides a permissionless and regulatory-compliant environment for on-ramp and off-ramp protocols.

Its most recent development is that it will tokenize $500 million worth of real estate assets for United Arab Emirates builder MAG Group. This is a shining example of blockchain impacting the real world, and the market has reacted with huge buying demand.

Despite most other cryptos in the red this week, Manta has pumped 19%. It is currently priced at $0.9173, up 1% today and at breakeven this month.

RWA is a thriving category in crypto, backed by the world’s most influential players, including $9 trillion asset manager BlackRock. Matra is currently the second-largest RWA project, which could allow significant growth as the sector matures.

Pepe Unchained (Pepe)

Finally, we have Pepe Unchained, a new meme coin inspired by the infamous Pepe coin. Pepe has been on a tear

Original source:newsbtc

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