These five popular crypto tokens—PUMP, Avantis, Quack AI, OpenLedger, and Monero are making headlines with their compelling use cases, community backing, and growth prospects. Here's what is making investors sit up and take notice.
Pump.fun (PUMP) has seen a strong surge, rising 71.3% over the last week, but hints of a slowdown are emerging. Its 14-day RSI has risen to 82.96, well beyond the "overbought" threshold of 70, usually a sign that a pullback is imminent.
The MACD indicator remains in bullish momentum but is beginning to contract, suggesting the rally may be losing its impetus. Because PUMP is trading near its Fibonacci resistance level of $0.0090357, most traders will begin taking profits and thus exert pressure on the price.
The official utility coin of the Pump.Fun platform and their AMM protocol is PUMP. It drives promotions and rewards and leaves the platform open and free to everyone.
Benefits
PUMP holders have an opportunity to take part in giveaways and special events on Pump. Fun, which pays off.
The coin will also have the advantage of expanding its platform as additional customers use swap.pump.fun.
Demand and trading may be increased through active community and utility based use.
Avantis (AVNT) surged almost 2 times in the previous 24 hours of listing on Coinbase, which allowed it to gain a significant credibility boost. It became operational on September 9 with an Experimental tag but the effect was evident and the volume of trading increased 112 percent to $630 million.
The addition to the coinbase listing usually introduces new liquidity and this listing proved easier to allow the retail and institutional traders to access AVNT. The listing also strengthened the role of Avantis as the largest persistent DEX on the Base chain, with $60 billion of annualized volume, giving much speculative attention to the listing.
Avantis is the biggest RWA perpetuals DEX on Base, and it allows traders to trade crypto and real-world assets under high leverage in a permissionless and transparent environment, at an institutional grade.
Benefits
Zero-fee perpetuals give traders the opportunity to make profits without initial investments and are a source of activity.
The liquidity and stability are supported by high trading volumes, and Base chain adoption.
Supported by Coinbase and Pantera, with credibility and investor trust.
Quack AI (Q) rose 84.6% in the past 24 hours on the back of new exchange listings and robust leveraged trading demand. Toobit and KuCoin launched Q perpetual contracts on September 2, with traders able to use up to 50x and 20x leverage.
This action triggered a sudden surge in speculation, as 24-hour trading volume surged 249% to $71.5 million. Such derivative listings tend to fuel short-term rallies but also increase the threat of sudden liquidations should sentiment change in the market.
Quack AI is a Cross-chain, Web3 AI governance platform over DAOs and RWA Ecosystems where automated proposals, risk evaluations and cross-chain execution can be found with compliance and transparency.
Benefits
AI application minimizes the manual work of governance, accelerating the decision-making process.
Cross-chain support is to be used to guarantee the involvement in different blockchain ecosystems.
The use of autonomous agents and checking of SBT enhance security and confidence in voting.
The momentum of OpenLedger (OPEN) did not slow down and it increased by another 5.68 percent in 24 hours and almost doubled its value in the past week. Its biggest stimulus was its September 10 listings on two of the largest exchanges in South Korea, Upbit and Bithumb, which had been characterized by a high level of retail activity.
This was after it previously debuted on Binance on September 5 providing OPEN with increased global exposure and liquidity. The listings simplified the entry of the market by new investors, particularly in Asia where AI-blockchain projects are on the trend. The volume of the trade was increased by 173 percent to reach $363 million, yet the high turnover ratio of 1.69 is with regard to speculative, which may be volatile activity.
OpenLedger is an AI blockchain that allows the mobilization of data, models and apps through attribution that is verifiable and enables liquidity by making AI systems transparent, auditable, and decentralized.
Benefits
The first mover to AI-powered infrastructure investments benefits investors.
The usage of transparent and verifiable data minimizes risk and boosts confidence.
The demand of OPEN tokens can be stimulated by the growing number of users who have adopted or by the growth of the ecosystem.
Monero (XMR) is at $284.80, advancing 5.15% over the last 24 hours, with a market cap of $5.25 billion and trading volume rising 13.85% to $98.12 million. The upsurge demonstrates solid purchasing power as concerns about privacy and tightening international regulations fuel renewed interest in privacy coins.
Speculative buying has also increased in light of deliberations for possible delistings. Technically, $290 is the resistance level of prime importance—if XMR climbs above it with good volume, the price may gain ground towards $310. If, however, support at $275 does not hold, a decline to $265 is probable. In all, the trend is still bullish with higher highs and higher lows.
Monero is a privacy-oriented crypto that conceals senders, receivers, as well as amounts enabling safe, anonymous, and censorship-free payments globally.
Benefits
Users who are security conscious are enticed by strong privacy features.
Intensive growth and international presence have the advantage of increasing adoption in the long run.
Speculative interest could be boosted by the increasing regulatory focus on privacy coins.
Investment in PUMP, Avantis, Quack AI, OpenLedger, and Monero provides potential to profit from innovation, expanding ecosystems, and increasing demand. Thorough analysis and good timing may maximize the potential return in crypto markets.
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.