The life of crypto tokens and their investors is always full of ups and downs. And these ups and downs are the reason some people make profits while others suffer losses. Today let’s explore the top 3 crypto in the ecosystem that gained high traction in the last 24 hours and to what category they belong.
Memes
Meme coins have attracted more investors into the crypto ecosystem than Bitcoin itself. If you find some people who know about crypto meme coins but are unaware of Bitcoin and ETH, don’t get shocked. In the last 24 hours, the meme coin crypto category has seen a rise of 7645%. A newly launched meme coin on BNB smart chain, known as baby Binance is the top performer. Hold your heart as this coin has surged 117.92 Million percent in the last 24 hours. Currently this token is trading at a price of $0.060123 and has a market cap of $3.31B. The meme crypto category has a market cap of $49.35 Billion at the time of writing. In the last 24 hours this category has seen a trading volume equivalent to 62,162 BTC.
Cat-themed
If you are a cat lover, you would love this crypto token category. There are thousands of cat-themed meme coins. These tokens combine to make a market cap of $2.5 billion. In the crypto ecosystem they have a market dominance of 0.11%. In the last 24 hours this category has surged in price by 20.23% with Cat Finance token witnessing the highest rise of 1881.73%. CAT is trading at a price of $0.0001421 and is down by 61 from from its all time high. In the last 24 hours, this cat themed token has seen a massive trading volume. It is up by 5.2M%.
Social Money
HollyGold being the top performer of this category has surged by 139.82% in the last 24 hours. This category has a market cap of $65 Million which is down by 0.07%. The dominance of this category is almost 0. The social money category has witnessed a rise of 18.21%. In the last 24 hours, this category has seen a trading volume of just 80 BTC.
Video
Surged by 11.79% in the last 24 hours, this category is on number 4 in our list. With a market dominance of merely 0.02% video tokens hold a market cap of $4.8B. HollyGold is the top performer in this category as well.
Marketing
This is the third category dominated by Holly Gold crypto token. With a total marketcap of $517M, this category has risen by 11.60% in the last 24 hours. A total of 471 BTC worth of trading volume was recorded by marketing crypto tokens.
Conclusion
In the ever changing crypto ecosystem, everyday new categories and new tokens are born. Some of them display a super sonic surge in their prices however they lack the fundamentals and utilities. It is the duty of investors solely not to get affected by the shiny display of these tokens and perform due diligence before making any financial decisions.
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