Top Trending Crypto Coins on DEXTools - Pond Coin, Test, 0xCoco

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As of the time of this report, the crypto market’s capitalization is just at an equilibrium level of 0.00%. The global financial market is playing a strong role in the entire market movement. Stock markets are hoping to rebound after a rocky start to the month.

The exciting summer rally that shook the market weeks ago has now cooled. The three leading gauges also ended the past week in a downtrend after data showed that the labor market kept cooling. Inflation reports for July are expected to be read on Thursday. It is seen as a determining factor in the Federal Reserve’s decision on whether to raise rates in September or not.

While stocks across the globe dip, crypto is having an equally difficult time. Traders and investors may be waiting on the sideline to see where the wind blows. The trending cryptos on DEXTools, as usual, feature assets trending within their capacity. They contain both old and new crypto assets and traders may be able to gain some benefits from them.

1. Pond Coin (PNDC)

Pond Coin (PNDC) is a newly listed coin. According to CoinMarketCap, this coin currently sells at $0.000002453 as it is up by 16.26% for the day. It also has a 24-hour trading volume of $22.05 million.

Not much is known about this new coin other than that it is built on the Ethereum mainnet. Being an ERC-20 token, it is then compatible with other Ethereum infrastructures such as wallets. There is also no information on its website.

For investors who would like to give such a token a shot, PNDC can be bought on a number of crypto exchanges including BitMart and LBank. Other crypto exchanges that sell it are Uniswap v3, Uniswap v2, and MEXC among others.

2. Test (TEST)

The Test coin is reportedly the result of an accident. It came about during the development phase of a decentralized finance suite of tools. The Italian company that developed it, Fornace, wrote a full description of the token as TESTTOKENDONOTBUY. But despite that, it went on garnering an impressive user base. From that point on, the TEST token became a community project and tools developed around it will be for the user of the token holders.

Since the development team that created TEST by accident could not withhold people from buying it, they had to create a smart contract for it. This eventually made sure that the token became functional. They also went ahead to develop more decentralized finance tools.

One of the developments that were created to make decentralized finance easier for the users is referred to as the “Fools’ tool.” With the tool, users are enabled to monitor the asset’s price and utilize aggregators from crypto exchanges. Furthermore, they can analyze profits and losses and gain access to other features.

However, only TEST holders have the benefit of Fools’ tool. Importantly, the platform charges up to 12% as tax for each transaction. 9% of the tax goes to the platform’s liquidity pool while the remaining 3% is redistributed to TEST holders.

The TEST token runs on Binance with a 12% slippage. In the months ahead, Fools’ tool plans to incorporate many features like multi-chain support, referral programs, multi-language support, interoperability, and a lot of other things.

Hot Pairs on DEXTools

Existing investors can watch out and expect the best from the expected developments. Upcoming investors can also speed up their movement and invest now.

3. 0xCoco (COCO)

0xCoco is selling at $0.0349 at the time of this writing with a 24-hour trading volume of $1.97 million. COCO is a versatile token that can be traded on both centralized and decentralized exchanges. The most popular exchange to buy it, however, is Uniswap v2. It is on that exchange it has its most active pair, COCO/WETH, and it has gotten a trading volume of $1.41 million in the last 24 hours.

Flashing across DEXTools means that there is relatively high market sentiment toward COCO. It only has to be explored further to stay on the top chart for a while longer.

4. Pepe (PEPE)

Pepe is currently going through a rough patch but for some reason, it is trending high on DEXTools. It looks like market forces are battering the token but there is sufficient community support for it. Pepe lost about 10% of its value in the past week but it managed a little step in the green zone as this week began.

Pepe holders saw some of their investments go down but they are bracing up for a swing back up. As of the time of this report, PEPE sells for $0.00000116, it’s better than where it closed off in the past week.

Pepe rose to prominence from its presale era to the early days of its launch. The rose by Over 7000% in a matter of days after it launched. Other clones of the PEPE coin have since sprung while they all try to replicate the gains that Pepe made in its early days. Characteristically, investors flocked to them because of the prospects they held by the association.

Pepe is hanging on by the same reputation it built and the confidence that investors have in it. There are no attributes of Pepe’s downtrend as this is unprecedented, yet, holders keep pushing.

Not to build on empty hope, the market looks forward to new use cases for the PEPE token. This will go a long way in reigniting interest in the token that once held the market down.

5. X 2.0 (X 2.0)

X 2.0 will not be a surprise if you are conversant with X. The 2.0 meme token claims to be the face of the revolution in the cryptocurrency market. Operating on Decentralized Finance policies, the platform promises to facilitate transactions, contribute to liquidity pools, and ultimately promote the desires of investors to attain financial development and stability.

Welcome to the innovative DeFi era of X 2.0. Embracing the X-Factor In the world of cryptocurrencies, where innovation and imagination converge, the $X 2.0 Project stands out as a promising opportunity for crypto investors seeking to achieve financial stability. This community-driven token holds the potential to be the next big success story, akin to Dogecoin or Floki. The contract has been renounced, and liquidity tokens have been locked away. The project follows a 1% tax mechanism, whereas it funds the further expansion of the project to different markets.

Today, X 2.0’s live price is $0.000000088, with a 24-hour trading volume of $434,952. Please note that the X 2.0 to USD price is updated in real-time.

The project holds the #2464 ranking on CoinMarketCap, with the live market cap currently unavailable. Similarly, the circulating supply of X 2.0 coins is not provided, but it is known that there is a maximum supply of 1,000,000,000,000 of X 2.0 coins.

What Might Be The Next Top Trending Crypto?

Shibie is another coin that has graced the crypto space. Taking advantage of the presale mechanism, it is working to make a name for itself in the market. This is a different type of coin that skillfully blends the funny aspect of Shiba Inu with the renowned Barbie design.

🚗💨 $SHIBIE is off for a drive! Buckle up and join the journey as we cruise toward new horizons. #crypto #shibie #tothemoon 🌕
Enter the #presale now: https://t.co/0vq6u6CXw2 pic.twitter.com/QBwND2GrQu
— Shibie Coin | Presale Live (@ShibieCoin) August 7, 2023

The memecoin comes with a bold and provocative image to the circle of memecoins. It is tapping directly into and leveraging global pop culture.

According to the project’s whitepaper, there are 10 billion SHIBIE tokens in supply. 60% of this has been set aside to be acquired by those who invest in the presale. Right now, the asset sells at $0.000167 in the first stage of the presale.

This project has drawn a considerably good level of investment since it began. It has now raised over $177,000 out of its $999,999 target. It has a record of raising $100,000 in just three days.

Apart from the funds it has raised, Shibie has also grown a community so fast. Its telegram channel has seen an explosion. This shows that some hype is gradually building around the coin.

Another factor aiding Shibie is the success of other new memecoins that have hung on to the prevailing pop culture. Most memecoins draw their inspiration from Pepe’s success as they all benefitted from its appeal. Other tokens like them have equally been launched on Uniswap with basic branding and they have produced significant investment returns.

Early-stage investors are hoping that Shibie follows the same trajectory. That makes it worth watching closely.