The crypto markets became defibrillated with new life, and it seems five tokens, namely MemeCore, Conflux, GARI, AiCell, and TROLL, are creating some buzz. The projects have interesting application use cases, exponential growth potential and pace.
MemeCore's price surged 27.5% in the last 24 hours, driven primarily by anticipation for the upcoming MemeX Liquidity Festival and boosted retail trader activity. The festival on August 4 is providing $5.7 million in rewards to traders and liquidity providers on MemeCore's native DEX. The large reward pool has motivated individuals to accumulate and hold more $M tokens in anticipation of reaping the reward during the festival. Meanwhile, the token has attracted attention due to recent listings on centralized platforms such as BitMart and LBank, drawing more retail traders into it.
Between July 15 and 17, some $564,000 worth of $M was transferred into exchanges, indicating increasing interest before the price appreciation. The majority of trading volume, approximately 85%, remains from retail users on exchanges such as PancakeSwap.
MemeCore is the driver to a new kind of meme coin universe based on jokes, culture and actual value.
Benefits
The 5.7M reward event is also motivating more individuals to purchase and use the token on the MemeX platform that allows token using on its main platform.
Listing new coins and tokens, such as BitMart or LBank, have helped attract new customers and increase the activity of the markets.
MemeCore will offer creator-empowerment and increased exploration of the meme economy through the conversion of memes into practical applications in governance, trading, and expression.
Conflux (CFX) experienced a 13.4% price increase over the past 24 hours as buyers purchased the dip after a recent sell-off due to a hardfork event. The network had made the announcement of its v3.0.0 upgrade, scheduled for September 1, which initially precipitated a 10% decline as a result of apprehension over technical hazards and more than $1.7 million in long position closings. But sentiment soon changed as $14.23 million of CFX was transferred to private wallets, indicative of robust accumulation.
Conflux is an Asian-based company with robust support in the region and cutting-edge blockchain technology that allows people to build fast and low-cost Web3 applications.
Benefits
PoW and PoS are combined in the network to achieve blazing fast transactions with low fees, accommodating big projects and developers.
A new version 3.0 will enhance speed, artificial intelligence tools and compatibility with Ethereum which will make the apps to be created even better.
The latest stablecoin launch increases its practical application in the real world and links to the international cross-border payment systems.
Today, GARI jumped 66% in the last 24 hours, propelled by the increased interest in the Aptos ecosystem and increased hype surrounding its place within the Web3 creator economy. One of the important thrusts came on July 10 with an article by NullTX naming GARI among the top Aptos-based tokens with a $2 million market cap.
GARI is the token of a giant social integration to support the creators and provide them with an opportunity to earn and connect utilizing Web3 features of the Chingari app.
Benefits
Appears in video chats, voice-based conversations with creators, and rewards on the popular Indian platform with over 50M users.
The Kraken and KuCoin listings bolstered access and exposure to international investors and other admirers of creator coins.
The first-mover advantage of integrating with Aptos, it was already rated as one of the best Aptos ecosystem tokens on its tokens lists.
AICell rose by 48.9 yesterday and was mostly influenced by increasing meme action and high social media circulation. Fresh interest was kindled on July 22 when the official AICell_World account on Twitter described the project as a meme, movement, and market catalyst. This was due to the general interest given to AI and meme coins. The coin went through 471 percent growth in volume to $9 million, which indicated a speculative frenzy. What makes the hype even bigger is that AICell has a very low liquidity structure with approximately 54.5 percent of the entire supply owned by only the first ten wallets.
AiCell is a project that unites memes and AI to develop systems alive and constantly changing: blockchains.
Benefits
The social media buzz and memes saw it gain huge traction in a short duration of time because of the influx of new buyers and speculators.
It has broken past key chart levels indicating heavy support of traders who believe in charting and high volume levels.
Supply is very compact so it is easy to cause jumps in price in hype waves or other days of big market attention.
TROLL increased by 14% over the last 24 hours as the memecoin continues to capitalize on memecoin mania and social media engagement. Promotional content on popular social media influencers such as _Shadow36, with over 123,000 followers, has been used to post bullish articles about the token, with hundreds of memes such as the one that shows an unlimited money bug, encouraging people to invest in it and spread it. After that, buying activity by retail traders has been boosted by increased mentions of TROLL on X (previously Twitter) by 42% since July 24.
TROLL is a funny meme coin on Solana that is being carried along by internet culture and community to develop a larger user base.
Benefits
Backed by influencers and social buzz, especially on platforms like X, which helped boost visibility and excitement.
Technical breakout shows bullish momentum with a possible target of $0.096 if interest keeps building.
Built on Solana, it benefits from fast and cheap transactions, perfect for meme traders and fans.
Memes, creator platforms, and fast blockchains are popular trends, and these trending tokens look pretty promising. Always do your research, but these may be some interesting ones to follow in the current upbeat market.
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.