The crypto market is buzzing again with both fresh dips and wild surges. While Bitcoin stays in control, some altcoins are making big moves. We’ve picked five trending tokens, TRON, Avalanche, GOUT, Ravencoin, and MEVerse, that are worth a closer look. Here’s why they might be great buys right now.
Tron is trending in the crypto market again. It has experienced a decrease of 6.43% within a day. Trading volume has increased by 44.28% in the last 24 hours. It depicts that profit taking by the traders after the announcement of Trump linked World liberty financial to launch a stablecoin. Another reason is the rise of bitcoin dominance which impacted some altcoins. It is currently trading at $0.2713. Investors can watch out for this token to purchase as it is at lower prices and might go up in the future.
TRON (TRX) is a platform, which assists content creators to make money with their fans without intermediaries. It allows apps, smart contracts and cheap, quick transactions. TRON provides the developers with resources to create their own project as well as assisting users to access media and games in a more liberal and less expensive way.
Benefits
Gives fair pay to creators without big tech taking cuts.
Low fees and fast transactions make it user-friendly.
Supports many apps, games, and blockchain tools for builders.
Avalanche (AVAX) fell by 5.07% in the last 24 hours as the entire crypto space became cautious. Bitcoin was also being rejected at around $110K, and AVAX was also facing difficulties in breaking above a crucial resistance level. It is currently trading at $20.85.
The entire crypto market lost 2.81% in value, with altcoins such as AVAX dropping even more than Bitcoin. AVAX couldn't hold above the $22 support and was unable to cross the $22.57 resistance. Overall, about $70 billion was erased from the crypto market within one day, despite U.S. inflation figures and trade negotiations appearing to be positive. Adding to the stress, the SEC postponed their ruling on Grayscale's AVAX ETF until July 15, which negatively affected investor confidence.
Avalanche is an Ethereum competitor that is a smart contract platform. It is capable of processing thousands of transactions per second without hindrance. It has a special design that incorporates three various blockchains making everything operate faster and with much more efficiency.
Benefits
The network is maintained by super fast transactions.
It is favored by the developers as it is less expensive and more convenient to work with.
Avalanche is already used by big names such as SushiSwap and TrueUSD.
GOUT surged 125.91% within a 24-hour period, primarily due to speculative trading and limited liquidity, which causes the price to fluctuate a great deal with minor trades. It is currently trading at 0.00005555
Some of the hype is also because of its meme value. GOUT is a BNB Chain community token that provides staking rewards, and this has attracted the attention of retail investors seeking instant returns.
GOUT COIN is a meme coin on Binance Smart Chain, which glorifies success and the achievement of odds. And it is not only fun but allows individuals to reward themselves in the process of staking and farming.
Benefits
Has great incentives in terms of LP staking and yield farming.
Supported in 30 or more countries already by a worldwide community.
Designed to be enjoyable, helpful and new user friendly.
Despite the crypto market being down today, this token is soaring with an increase of 2.16%. Trading volume has also increased by 50.48%. Community is also 85% bullish for this crypto.
The reason behind it being at an upward movement is bullish technical momentum. Another reason would be the impact of the upbit listing of June 4 as it drove initial liquidity. This token has also been considered for the RWA adoption as per the report of Coinbase of July 11. It aligns with the $50 billion RWA sector projection for 2025. It is currently trading at $0.02142. As the price of this crypto is quite low, investors can watch out for this one, as it might get hype in the crypto market in near future too.
Ravencoin is designed to assist individuals in the creation and exchange of digital assets such as tokens or even real-life objects. It is founded on Bitcoin but with major alterations that enable it to be more swift and versatile.
Benefits
Allows users to make tokens, which symbolize real or digital things.
The blocks are faster and the mining is fair which makes it easy to participate.
utilizes RVN coins to mint and safeguard the management of new resources.
MeVerse is buzzing in the crypto market because of its sudden price surge. The price spike is driven by the extreme speculative trading volume. Another reason is altcoin momentum, despite the bitcoin dominance of 63.23%. It is currently trading at $0.008058.
It has surged by more than 100% within the last 24 hours, along with it the trading volume has also spiked up by 166%. It recorded an initial spike in trading volume of about 14334%.
The overall crypto market is showing signs of “Greed” with a score of 61 on the Fear & Greed Index. However, altcoins are not doing so well. Bitcoin is still leading the market, holding a strong dominance at 63.23%. The Altcoin Season Index is low at 29 out of 100, which means it's more of a "Bitcoin Season" right now.
MEVerse is a blockchain metaverse platform that mixes fun, social interaction, and technology. It runs on its own powerful network and supports apps, games, and digital assets. With advanced tech and a strong team behind it, MEVerse is building a place where people can play, connect, and earn together.
Benefits
Uses special tools to make apps and games run better.
Focuses on fun, social content and real-world use.
Offers fast performance with its unique blockchain tech.
Crypto happens quickly, and so do opportunities to get in early. If you're interested in meme coins, tech platforms, or asset-oriented chains, each of these coins offers something special. With market fluctuations occurring daily, watching each of these five might be your best bet this season.
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.