The crypto ecosystem is very unpredictable because you never know which token will start attracting investors. Sometimes the reasons are obvious, and sometimes they are not. Investors may be confused when some random altcoins top the trend charts. Let's see which cryptocurrencies are popular today.
EGO
This is the internal token for the Paysenger service, launched a year ago. The platform helps content creators, fans, and brands monetize content and attract audiences.
The current trading price of EGO token is $0.02375, down 6.15% from yesterday. Trading volume decreased by 16.92%. Surprisingly, the trading volume is only $2.41 million, but the token ranks first on CoinMarketCap.
Bitcoin
To everyone's surprise, despite BTC breaking through $100,000 and rebounding, it still ranks second today. The largest cryptocurrency needs no introduction, as the crypto market is focused on it. Currently, BTC's trading price is $99,358, and it is trying again to break through the psychological resistance of $100,000. Although trading volume decreased by 32.23%, its current price is up 1.44% compared to the past 24 hours.
Altcoins have yet to start following BTC's surge, but they have certainly replaced it in terms of trends.
Super Trump Coin
People might hope this position is occupied by Ethereum, but it has been taken by a Trump-themed meme coin. President-elect Donald Trump is forming a government, with new nominations and appointments to various positions every day. For this specific reason, the Trump-themed meme coin is on the rise. Super Trump Coin has left all other altcoins behind, with trading volume skyrocketing an astonishing 500% in the past 24 hours. With a price increase of 19.39%, the meme coin's trading price is $0.02455.
Brett
Another meme coin has secured a spot among the top five cryptocurrencies today. This meme coin is launched on the Ethereum Layer 2 blockchain, trading at $0.2008, down 1.74%. On the other hand, its trading volume has decreased by 26%. Only 0.20% of Brett's investors hold over $100,000. Most investors' investments are between $0 and $1,000.
Ethereum
The second largest cryptocurrency ranks fifth. Reason — trading volume decreased by 9.99%. Although Bitcoin successfully set a historic high of over $100,000, Ethereum failed to break its three-year high of $4,891. The price is experiencing some surges, up 2.29%, trading at $3,982, but that's not enough for its followers.
Looking Ahead!
As the cryptocurrency market continues to evolve, it's no surprise that altcoins (especially memecoins) are more favored by investors than Bitcoin and Ethereum. While memecoins can help you make quick profits (if you can act in time), BTC is a reserve currency, which is why it remains the choice for investors looking to understand the true power of cryptocurrency.
