Top Trending Coins for Today, July 2: PEPE, BTC, LTC, MAV, and BCH
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The majority of the markets on this week’s list of CoinMarketCap’s trending coins have lately put up very impressive performances, gaining significantly in the course of the week. In the new week and in the new month, investors and analysts have high expectations for the general crypto market.
Pepe (PEPE)
Major Bias: Bullish
The PEPECOIN market has kept its top position once again this week, even though for the past seven days and the past 24 hours, the market has been on a slight decline. The current price is nearly the same as the price for last week, even though the market has not been flat in the course of the week. The Pepecoin Market has been very volatile in the past seven days, but bulls have been able to minimize losses, thereby keeping the top position on the list. In the past 7 days, the market dropped by 2.24%, while in the past 24 hours, it dropped by 2.24%.
Current Price: $0.00000155
Market Capitalization: $605,669,386
Trading Volume: $90,708,023
Bitcoin (BTC)
Major Bias: Bullish
Bitcoin saw a massive bullish rush between June 15 and June 23. The massive buying caused the level of volatility to rise very significantly. So traders and analysts were expecting that it was possible for the market to fall very significantly since the volatility remained on the high side. However, the bearish sentiments were contained above the $30,000 price level. On Saturday, June 24, traders are undecided about the position to take, causing the market to move around the $30,390 price level, even though there were very high trading volumes during the week. Bitcoin has been able to attain the second position on the list by just maintaining its bullish position above the $30,000 price level.
Current Price: $30,510
Market Capitalization: $592,738,883,479
Trading Volume: $8,236,010,240
Litecoin (LTC)
Major Bias: Bullish
The Litecoin market started its upside journey on June 15 at the $73.37 support price level. The bull market has gained very significant traction since then. By June 29 and June 30, the market had become hyper-bullish, and the price had been propelled above the $100 mark.
However, there is a chance that, due to the way the bull market has moved, they will become exhausted, which may lead to a downturn in the market. As we can see from the volume of trade indicator, the volume of trade is on the decline, but it still retains significance. That may be the reason why bullish pressure remains at the psychological level of the $110 price level.
Current Price: $111.16
Market Capitalization: $8,144,699,413
Trading Volume: $1,706,089,482
Maverick (MAV)
Major Bias: Indecision
A recently released cryptocurrency, the Maverick Protocol token, is currently ranked fourth on CoinMarketCap’s list of hot coins. We must research this cryptocurrency’s 1-hour market in order to gain a better understanding of price behavior. After seeing a greater price decrease of 48.23% during the previous 7 days, this coin has dropped by 4.56% in the past 24 hours. The market valuation for the MAV token is $108 million, with $42 billion worth of transactions.
Current Price: $0.4015
Market Capitalization: $100,372,534
Trading Volume: $31,002,063
Bitcoin Cash (BCH)
Major Bias: Indecision
The Bitcoin Cash Market has been consolidating around the $100 price level for quite a while. Since June 21, the price has been rising astronomically. Currently, the price is facing resistance in the $300 price zone. As the bull market faces bearish resistance in the $300 price zone, the market is likely to consolidate around the $300 price level. In the past 30 days, the BCH market has done marvelously well, gaining more than 100%, and in the past seven days, the market has had a 47.31% gain.
Current Price: $302.1
Market Capitalization: $5,825,528,498
Trading Volume: $1,350,710,611
