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Clearly, the cryptocurrency market is in a consolidation phase, and it is too early to pick a winning side, either bullish or bearish. Investors are concerned that the crypto bulls will capitulate in the coming weeks as the BTC price makes more attempts to fall below the $60 price level.
But while the market waits for a defined trend, this post collects: The most popular cryptocurrencies on DEXTools Today provides investors with insight into what might happen in the coming weeks.
The most popular cryptocurrencies on DEXTools
We also cover the pre-sale offering of popular meme coin project The Meme Games, which recently launched a pre-sale offering of its crypto tokens. Below is a guide to everything investors need to know about the MGMES token and the project.
1. Kamala Harris (KAMALA)
As the US presidential election approaches, investors are seeing a number of politically motivated meme cryptocurrency projects popping up across the market. One of the latest cryptocurrencies to launch in this category is the HARRIS token, a meme coin project built around the name and personality of the 49th Vice President of the United States.
As Harris takes on the role of a potential Democratic candidate, her supporters are looking to find ways to leverage the power of cryptocurrencies to increase visibility of her character. Interestingly, the HARRIS token has performed exceptionally well in this regard.
At the time of writing, the token has over 3.5k holders and a market cap of around $13.36 million. Harris’ current trading volume is over $6 million, which is almost half of its market cap, and it is quickly approaching $1 million in liquidity as reported by DEXTools.
In just two days, Kamala Harris’ campaign has increased young voter registration by a huge margin! 🌟 This momentum is unstoppable. Join us. $Harris! 🥥🌴 #KHive #Harris2024 #HarrisPoPoUS https://t.co/YqzQ4GPerP https://t.co/U6SGnDOgEh pic.twitter.com/XC7CM3BXyU
— $HARRIS Token (@KamalaHarrisERC) July 24, 2024
The sheer thrill of the project’s market data shows that the community and team are doing a great job of pushing the project’s core values. Eventually, HARRIS could transcend election hype and grow into a more substantive meme project that competes with PEPE and other top meme coin projects.
2. The fight with Maga (MAGA)
There have been several variations of the MAGA token in the cryptocurrency market. Typically, the most popular Maga-centric projects are often built around the Trump brand, thanks to Trump’s pro-Bitcoin campaign. A new addition to the MAGA token trend is the Flight to MAGA token.
The project appeared on the DEXTools trending list today after recording a price increase of more than 50% in the last 24 hours. According to the website, the project aims to promote the motivation gained from the attempts of former US President Donald Trump to improve the life.
The market cap is reported to be around $6.5 million and the trading volume is reported to be $600,000, which is quite low considering the 6,000+ holders. A quick look at the FIGHT chart raises questions about the sudden pump phenomenon, as the asset price has fallen significantly since its ATH a few days ago.
Nonetheless, it is possible that it has suddenly gained traction in the past 24 hours as competition among politically motivated projects intensifies.
On the other hand, it is difficult to verify the project’s ability to sustain its newfound rally, especially since the meme sector has recently witnessed a decrease in liquidity. Investors looking at FIGHT tokens should take appropriate precautions to ensure that they are cushioned against the overall volatility of the current market.
3. Onigiri (ONI)
Solana has recently dominated the meme crypto space thanks to its low gas fees and fast network solution. However, ETH is still the dominant chain when it comes to altcoins.
Onigiri is one of the Ethereum-based projects that made it to the DEXTools trending list today. The project has seen a price increase of over 100% in the last 24 hours after a significant recovery from the price drop. The impressive price performance has put this new cryptocurrency project on the radar of several meme coin investors.
According to the ONI website, ONI focuses on developing a thriving community with a shared love of fun and excitement. The project claims to have been inspired by the success of two popular projects that have recently taken the top spot in the cryptocurrency market: Kabosu and Neiro. ONI is depicted as two brothers, wearing cat mascots.
69 people chose and won the 25% bonus. $Pepe ~ in #memegame!
Coincidence or fate? 🏆
Choose from 5 meme icons to get a 25% bonus. $MGMES Buy it when you win the race! 🔥
Sign up now! 👉 https://t.co/lbYNWg8iXr#Paris2024 #Pre-sale #Cryptocurrency #how pic.twitter.com/q4Tdbzkpo5
— The Meme Games (@MemeGames2024) August 2, 2024
ONI is a new cryptocurrency project, but according to market data, it has a market cap of $3.6 million, a trading volume of $2.06 million, and the number of token holders continues to grow. DEXTools reports the number of holders as 1.98, and the total supply of tokens is capped at 420.66 billion, which is the same as the number of tokens in circulation.
The market data for this project shows that there is ample room for growth, but there is a need to increase the number of holders and increase the visibility of the project to increase the chances of continued growth.
What will be the next top trending cryptocurrency?
The Olympic season is another time when investors can enjoy a new thrill as the event captures the attention of the world. Meme Games Tokens This trend allows savvy investors to take advantage of the trend and gain equal access to a community of like-minded individuals.
According to the project website, MGMES thrives on the spirit of the 2024 Olympics and allows investors to back their favorite meme coins. Most of the popular meme tokens are on the list, including Pepe, WIF Brett, and Turbo.
69 people chose and won the 25% bonus. $Pepe ~ in #memegame!
Coincidence or fate? 🏆
Choose from 5 meme icons to get a 25% bonus. $MGMES Buy it when you win the race! 🔥
Sign up now! 👉 https://t.co/lbYNWg8iXr#Paris2024 #Pre-sale #Cryptocurrency #how pic.twitter.com/q4Tdbzkpo5
— The Meme Games (@MemeGames2024) August 2, 2024
The basic idea is to create a platform and network where people who like Mimecoin can share their market insights and drive up the price of the underlying cryptocurrency of the MGMES project.
The pre-sale of tokens is ongoing, and investors can participate in the pre-sale with a minimum of $0.00915. The price represents a discounted offering affected by the pre-sale program.
However, the current discount will be lifted after the current pre-sale round ends in 2 days. A new discounted value will be introduced, but investors coming in later will have to pay more for the tokens.
Step-by-step guide on how to sign up Meme game Pre-sales are available on the project website. Investors can also find additional information and join the project community through the official Twitter handle. The project website also has links to other social media outlets that keep investors informed of the project’s progress.
Visit The Meme Games Pre-Sale
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