Why These 4 Altcoins are Trending Today? Will They Keep The Trend
While the broader crypto market faces major turbulence, some cryptos are defying the market trend. Although it is common for the market to witness declines and unfavorable trends, some beat the odds due to investors’ support, a strong utility, and other specific reasons. In this blog, let’s discuss the trending altcoins today and the reasons behind them.
Top 3 Trending Altcoins Today and Why
After the major crypto market crash in recent days, many crypto tokens are attempting to recover amid increased investor demand. In this list, the most trending altcoins of the day are MyShell, Kaito Pi Coin, and Litecoin amid new listing announcements and increased investor activity.
1. MyShell (SHELL)
SHELL is the native token of MyShell, a decentralized AI consumer layer designer that gained investor attention right after its launch. Fueling its demand, Binance announced it as the 10th HODLer program, with trading beginning today, February 27. As a result, the MyShell token price grew 45% within a few hours, hitting a new ATH of $0.6816.
SHELL Binance listing
Amid increased visibility and building investor interest, SHELL is among the most trending altcoins in the market today.
2. Kaito (KAITO)
Regarding trending, the Kaito crypto token is on a similar track. The C..... perpetual listing announcement has fueled the KAITO price surge by 33%. It has already received a listing on various other popular exchanges like Binance, and the investors are awaiting more.
As its price has surged 75% since February 24, its demand is increasing, and its early adopters are making significant returns.
3. Pi Coin (PI)
Pi Coin was controversial earlier due to delays in its launch, and some called it a scam. Despite the allegations, the token is gaining a remarkable rally, soaring 352% over the week. It has recently hit a new ATH and is up for a few crypto exchange listings.
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