BLAST Surges 3.41% as Community Activity and Volume Climb 17.64%, Signaling Strong Bullish Momentum
MERL Sees $1B+ Daily Volume Despite Price Drop, Highlighting Intense Short-Term Speculation
ISLM and TAIKO Maintain Steady Growth Amid Moderate Market Activity, Showing Early-Stage Strength
Web3 tokens are influencing the future market of finance, and you can see this shift with projects like Islamic Coin (ISLM), Taiko (TAIKO), Blast (BLAST), and Merlin Chain (MERL). Recent movements in these tokens’ cost, trading volume, and market actions suggest DeFi is becoming more popular, and people are moving toward alternatives to regular financial systems.
ISLM (ISLM): is Growing Slowly but Surely in an Uptrend Environment
Over the last 24 hours, the price of Islamic Coin (ISLM) rose by 1.32% to $0.02919. The value of the token fell briefly to under $0.0288 but recovered soon and reached above $0.0300. Although a sharp pullback followed, ISLM retained a generally positive structure throughout the trading day.
Source : CoinMarketcap
The market capitalization of ISLM rose by 1.44% to reach $54.23 million. With a circulating supply of 1.85 billion ISLM out of a maximum 100 billion, the asset maintains significant room for future distribution. A 24-hour trading volume of $392.92K suggests moderate investor activity despite market fluctuations.
TAIKO(TAIKO): Shows Steady Momentum Despite Drop in Trading Volume
Taiko (TAIKO) went up by 2.47% and finished trading at $0.5881. The token began trading at the price of $0.5691 and throughout the day moved steadily higher to end near its peak. Even though there were small corrections during the session, the upward movement continued.
Source : CoinMarketcap
During the day, TAIKO’s market capitalization increased by $69.14 million which is equivalent to a change of 2.44%. Even so, 24-hour trading volume fell by 17.20% to reach $11.94 million. Given that 117.56 million out of a billion total supply are in circulation, the project is still in the initial part of its distribution. That means volatility could persist as the distribution continues.
BLAST(BLAST): Rallies with Increased Buying Pressure and Community Growth
Blast (BLAST) ended the trading day up 3.41% at $0.002912. Price of the token increased, with each dip being bought by consistent buyers. Stocks ended at almost the highest point seen during trading hours, showing strong buying power.
Source: CoinMarketcap
Crypto’s market cap went up 3.59% to $85.45 million, as 24-hour trading volume grew 17.64% to $7.8 million. Out of a total supply of 100 billion tokens, only 29.34 billion are circulating in the market which means BLAST is still early in the token distribution process. The large group of over 281,000 Dash holders points to an increase in users.
MERL(MERL): prices fell after the correction volume of trades.
Merlin Chain (MERL) fell 3.82% to $0.1179 in the previous day after hitting a high above $0.15. At first, the token showed positive movement, but after midday, higher selling pressured led to a big drop in its value.
Source : CoinMarketcap
The market cap of MERL now stands at $85.52 million. Daily trading volume reached $1.03 billion, reflecting heightened speculative activity. With 725 million tokens in circulation out of a capped 2.1 billion, the high volume-to-market cap ratio indicates potential market volatility driven by short-term traders.