thenewscrypto.com
- The top trending cryptocurrencies are XRP, PEPE, and SUI.
- Ripple vs SEC battle favored XRP to Jump over 14% in a week.
The crypto market keeps evolving and drawing greater attention from investors. Bitcoin (BTC) has emerged as the de facto industry standard and attracted a sizable fan base and offshoots. However, BTC has not only been a trendsetter; many decentralized peer network-based cryptocurrencies are also making waves in the market.
Since Bitcoin isn’t the only cryptocurrency on the market, it’s important to explore the alternatives to see which ones are succeeding. Further, investors find it challenging to select profitable crypto investments due to the emergence of new memecoins.
Here are some cryptocurrencies (PEPE, XRP, and SUI) that have maintained their value and attention despite sharp price spikes and declines.
Pepe (PEPE)
Pepe (PEPE) coin is well-known for its connection to Pepe meme culture. In recent times, Pepe has utilized social media platforms to create a vibrant community and promote its digital assets. Also, multiple meme coins appeared in the market due to the PEPE coin’s impact. The Pepe token attracted many investors with its price rally, even these crypto investors gained more than 90% profits.
Pepe Coin entered the top 100 cryptocurrency lists in just a month. At the time of writing, PEPE traded at $0.000001267, which has surged over 2% in the last 24 hours and has a market cap of $496 million.
Ripple (XRP)
A decentralized cryptocurrency platform, “Ripple,” enables instant, frictionless cross-border transfers of fiat and digital currencies. It is well-known for its native cryptocurrency, XRP, as well as its digital payment protocol.
In addition, the Ripple v. SEC case has had a major impact on the cryptocurrency market and the price of XRP. However, recently, large-scale investors have shown interest in XRP, with Whales acquiring over 52 million XRP worth about $22.9 million in the last three weeks.
At the time of writing, XRP traded at $0.5158 with a 24-hour trading volume of $999 million. The XRP price surged over 2.5% in a day and 145 in a week. XRP has been on the top gainers list for more than two weeks. Further, the long-term outlook for Ripple’s XRP now seems positive, and recent price changes indicate a bullish trend.
Sui (SUI)
The Sui (SUI) is a newcomer to the market, it only began trading at the start of May. The SUI price action has been steadily moving lower over the past few days, and early investors aren’t exactly enjoying their investments so far.
However, the crypto token is still on the trending list with its new partnership and its fanbase. Oracle, Red Bull Racing, and Sui Blockchain have partnered on a multi-year agreement.
Sui’s price approached its lowest point for the month of May, and its value continued to decline further. At the time of writing, SUI traded at $0.9434, with a 24-hour trading volume surge of 45%.