Current altcoins gaining popularity this week
As per the fear and greed index, the cryptocurrency market is currently experiencing an extreme greed phase.
As per the fear and greed index, the cryptocurrency market is currently experiencing an extreme greed phase. Numerous alternative coins (altcoins) have demonstrated remarkable performance in the past month. Although March has witnessed a slight setback for some cryptocurrencies, others have managed to sustain their momentum. In this article, we will explore the noteworthy altcoins that are gaining traction this week.
Top 5 Up-and-Coming Altcoins
According to CoinmarketCap metrics, the top five altcoins trending this week include Pepe Coin, Digwifhat, Portal, Ondo, and Fetch.ai. Additionally, Ethereum has exceeded the $3500 threshold, presently trading at $3,427.17 with a 0.85% decline.
Dogwifhat (WIF)
In a similar vein, Dogwifhat, featuring an irate Shiba Inu dog adorned with a hat, represents another meme coin that has recently achieved its all-time-high value, reaching $1.02 just a few minutes ago. The surge in WIF's price commenced on February 24, culminating in a noteworthy 217% increase. As of now, WIF is trading at $0.9598.
Pepe Coin (PEPE)
Pepe Coin, recognized for its green frog theme in the realm of meme coins, has amassed a substantial market capitalization totaling $54,334,542,352. It stands as one of the most prominent meme coins, following in the footsteps of Dogecoin and Shiba Inu. Notably, the price of PEPE coin witnessed a surge beginning on February 26, resulting in a remarkable 129% increase, and it is presently trading at $0.000003166.
Fetch.ai (FET)
Fetch.ai operates as an artificial intelligence lab and features its native token, FET, for trading and transactions. Recently hitting an all-time high value of $1.68, FET experienced a substantial 45% increase. It is presently trading at $1.64, accompanied by a trading volume of $502,015,099. FET's market capitalization has risen by 17%, currently standing at $1,361,613,761.
Portal (PORTAL)
Portal stands as a gaming platform with the objective of bringing together games and gamers across various blockchains. Presently, it is valued at $2.37, having experienced a decline of 46%. Launched recently on centralized exchanges such as Kucoin, Portal encountered a noteworthy dip on its inaugural day, which occurred on February 29.
Ondo (ONDO)
Ondo, the native token of Ondo Finance, is designed to enhance liquidity in the market. Its price has exhibited fluctuations throughout the week, currently standing at $0.04752 following a weekly increase of 15%. Ondo has witnessed an 18% surge in market capitalization, reaching $662,468,823, while its trading volume has risen by 59% to $261,273,569.
The crypto market is loaded with volatility. A coin’s performance and price can fluctuate easily. The coins that are performing well don’t guarantee the same performance tomorrow. The top 5 trending altcoins for this week are PEPE, WIF, PORT, ONDO, FET, etc. Read more about why Terra Luna Classic is trending.
