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Hottest Coins Based on Community Votes Revealed by Top Crypto Data Aggregator

source-logo  thenewscrypto.com 30 May 2023 03:22, UTC
  • Leading the group is Quant (QNT), demonstrating its expanding importance in the cryptocurrency industry.
  • The second position goes to Binance Coin (BNB), which is supported by a robust ecosystem and utility.
  • SHIB and FLOKI, two meme-inspired currencies, are gaining a lot of traction.

Keeping up with the newest trends and hot coins is crucial in the fast-paced world of cryptocurrency. By monitoring the most popular coins, CoinGecko, a well-known cryptocurrency data tool, offers insightful information about the market. We present to you the top 10 coins that received the most attention from the CoinGecko community during the past seven days.

Hottest Coins Based on Community Votes

Quant (QNT) has become the coin with the most votes, highlighting its expanding significance in the cryptocurrency industry. Quant has a market value of $1,567,420,412 and is well-known for its cutting-edge blockchain technologies. Moreover, the second-place finisher, Binance Coin (BNB), confirms its status as the top utility token. BNB has a market worth of $49,582,427,413 and is still growing thanks to its robust ecosystem and usefulness on the Binance exchange.

As a dynamic participant in the decentralized finance (DeFi) market, Stargate Finance (STG) has won the support of a sizable portion of the community. Additionally, STG, which has a market valuation of $137,267,821, provides distinctive DeFi solutions that appeal to investors. However, Fantom’s (FTM) lightning-fast and scalable blockchain platform draws notice. Furthermore, with a market cap of $947,297,926, Fantom promotes itself as a strong rival in the cryptocurrency space.

As the digital silver to Bitcoin’s gold, Litecoin (LTC) maintains a strong position as the fifth most popular coin. With a $6,672,076,009 market cap, LTC is still a reputable and well-liked cryptocurrency that draws both users and investors. The sixth-place finish of TRON (TRX) highlights the company’s desire to completely transform the entertainment sector. Furthermore, with a $6,982,233,336 market value, TRX intends to give content producers a decentralized platform, promoting the use of blockchain-based entertainment.

The seventh most popular coin, Smooth Love Potion (SLP), focuses on the nexus of cryptocurrencies and gaming. SLP, which has a market valuation of $93,383,365, is the money used in the well-known play-to-earn blockchain game Axie Infinity, enticing both investors and players.

The popularity of Shiba Inu (SHIB) has increased as a result of Dogecoin’s success. SHIB, which has a $5,185,237,406 market value, has been quite popular in the cryptocurrency world. This is because of its branding, which draws inspiration from memes and its broad appeal. Bitgert (BRISE), which provides a decentralized marketplace for goods and services, promotes itself as a disruptive force in the e-commerce sector. With a $117,358,565 market capitalization, BRISE seeks to reinvent online shopping experiences and give shoppers and sellers more control.

The top 10 list is concluded by Floki Inu (FLOKI), which capitalized on the meme coin craze and piqued traders’ and investors’ interest. The market capitalization of FLOKI, which bears the name of Elon Musk’s cherished dog, has reached $334,575,091. This demonstrates the potential of meme-driven cryptocurrencies. However, the votes cast by the CoinGecko community provide insight into the general opinion and interest in these coins.

thenewscrypto.com