Crypto is changing fast, and some coins are getting a lot of attention right now. Tokens like Fartcoin, FUNToken, Observer, BONK, and Plume are trending for different reasons, fun ideas, big news, or strong tech. These tokens might be great to watch if you're into crypto.
Fartcoin is again trending in the crypto market. It is now trading at $1.19 with an increase of 2.75% within a day, while the trading volume has reduced by 29.88%. The major cause of this surge in the price is the buzz around Solana ETF.
On July 2, the first solana staking ETF was launched, bringing sector rotation in the Solana Ecosystem tokens. After this news, this coin surged about 26% with the ETF generating $33M first-day volume. Bullish MACD crossover, short-term technical rebound signals were other reasons. The investors can watch out for this token as it has potential for long term gains.
Fartcoin is a meme based crypto-currency that is meant to be funny. Individuals also have the opportunity to earn coins by making fart jokes and each trade is accompanied by a funny sound with the similar being its name.
Benefits
Allows users to get tokens in the form of jokes or funny memes.
Makes crypto funny by adding with the fart sounds each transaction.
Traded actively on the leading platforms such as Gate or Coinbase.
FUNToken surged 12% over the last 24 hours due to new listings on exchanges, a large token burn, and a security update. On July 3–4, FUN was listed on Poloniex and the HTX Innovation Zone, allowing more users to find it easier to trade and buy. Concurrently, a 25 million token burn lowered supply, enhancing scarcity and price. On July 4, FUN received an "AA" rating from security firm CertiK, enhancing investor confidence by verifying the token smart contract is secure, a valuable consideration for gaming-focused crypto ventures. These updates combined instigated high buying interest and bullish pressure. It is now trading at $0.01350, trading volume spiked by 2.58%.
FUNToken is transforming the game playing and crypto usage with people. It combines entertainment, money, and blockchain to provide users with additional control, speed, and freedom in gaming.
Benefits
Provides cheap and rapid payments to gamers and DeFi members.
Allows players to have complete control of their assets devoid of intermediaries.
Also links to various gaming sites in order to broaden their use and capability.
Observer (OBSR) surged 45% in a span of 24 hours, primarily due to a robust technical breakout and a spate of speculative buying. Although there is no significant news behind the rally, trading volume surged immensely, increasing by more than 39,000% to $21.8 million. This indicates intense interest among speculative traders seeking short-term gains. Technical indicators such as RSI and MACD also indicate a bullish pattern. Though the general crypto market remained flat, OBSR's high trading volume and thin order books probably caused the price to travel more quickly than normal. It's a large spike, though largely short-term hype-based. It is now trading at $0.002123 with a surge of about 42%.
Observer is a cryptocurrency initiative in which weather reporting is converted into payoff. Using the power of the blockchain and crowdsourcing of the data it introduces the accurate local updates.
Benefits
Rewards users on sharing real-time weather updates.
Utilizes Observer Nodes to make every information truthful and valid.
Benefits such areas as Southeast Asia by providing superior weather coverage.
BONK's 8.5% price increase in the past 24 hours is driven by hype over a potential BONK ETF and a huge token burn event. Tuttle Capital is considering a 2x leveraged BONK ETF, which could be out as soon as July 16, attracting more focus from large investors. Meanwhile, BONK is approaching 1 million holders, when that number is achieved, 1 trillion tokens (approximately 1.24% of the overall supply) will be incinerated, halving the supply in circulation. As Solana's ecosystem continues to expand and bullish trends on the charts, BONK is experiencing powerful upward momentum. $0.00001799 is the current price for trading with an increase in price by 9% and trading volume has also skyrocketed by 40%.
Bonk is a meme coin focused on the Solana community and is dog themed. It expanded rapidly upon release and it hopes to revive dApps and DEXs within Solana.
Benefits
Dropped 50 percent by air to users and creators of Solana.
Increased SOL price soon after its availability in the year 2022.
Is concerned with equity and promotes live community utilization.
The current bullish trend in Plume is evidenced by an increase in the price by 5.18 per cent in the last hour, which is primarily due to the introduction of its USD1 stablecoin that was introduced on July 5. It is now trading at $0.1165 with 8% increase in the last 24 hours.
The USD1 is supported by the U.S. Treasuries and supported by the Trump family, which provides an added value of regulatory trust that has caught the eyes of big investors. The step has allowed Plume to put a stake in real-world asset finance. Plume has already accumulated TVL of $113.94 million and increased active RWA addresses to more than 200,000 since its deployment, which is 4 times higher than at the beginning of the year. The amplification of the faith in the project is also evidenced by the breakout over the $0.089 resistance.
Plume is a Layer 1 blockchain established to bridge the gap between the real world and crypto. It allows every person to convert physical assets such as houses or products into transferable digital tokens.
Benefits
More than 180 projects that construct actual-world asset equipment on Plume.
Full EVM compatible, with easy access to DeFi.
The quick and safe utilization of assets made through the ease of tokenization.
Each of these tokens is rising for its own reason, some are funny, some help real life, and some have strong support. If you like crypto, these tokens could be worth checking out. Just remember to do your own research before buying anything. They all show how exciting crypto can be.
Muskan Sharma is a crypto journalist with 2 years of experience in industry research, finance analysis, and content creation. Skilled in crafting insightful blogs, news articles, and SEO-optimized content. Passionate about delivering accurate, engaging, and timely insights into the evolving crypto landscape. As a crypto journalist at Coin Gabbar, I research and analyze market trends, write news articles, create SEO-optimized content, and deliver accurate, engaging insights on cryptocurrency developments, regulations, and emerging technologies.
4 months ago
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