Despite a market-wide struggle, there remains an optimistic buzz surrounding several cryptocurrencies this week.
Let’s take a look at five trending cryptocurrencies to watch.
WienerAI
is a new meme coin-AI hybrid token.
It’s been taking the market by storm recently, with its total raise surpassing $7 million,
The project’s meme coin exterior is based on a playful sausage dog, but its underlying utility is an AI-powered trading bot.
The bot is easy to use, even for beginners.
While other bots are on the market, like Unibot, WienerAI is the first to employ an AI language model.
Users can ask the bot questions and its predictive technology will scour the market to find the best trading opportunities.
They can make the trades directly from the WienerAI interface, with instant, MEV-resistant, and fee-free trade execution.
This removes all the fuss of on-chain trading, replacing it with an intuitive and seamless user experience.
While the bot utility is causing a stir, investors are also stoked about WienerAI’s staking mechanism.
It currently offers a 158% APY, but this will decrease as the staking pool grows.
The current price is $0.000726. However, the price will rise in one day.
Notcoin
Crypto investors have taken a notable liking to gaming-focused projects recently.
Resilient to the industry’s bearish momentum, Notcoin has advanced without a scratch.
It is a Play-to-Earn (P2E) game on the Toncoin network.
Notcoin has a colossal 40 million user base, a significant step forward for the industry’s journey to mass adoption.
The project is currently trending on CoinMarketCap and has exhibited impressive price action this week.
Currently, NOT is trading at $0.01736, up 7.5% today and 22% this week. Its price also soared 50% in a single day on Sunday.
Notcoin has a $1.7 billion market cap and a $1.2 billion 24-hour trading volume, up 14% today.
There’s every chance that Notcoin will continue to outperform the market this week, so traders should keep a close eye out.
Mantra
Manta is a real-world asset-focused layer 1 blockchain. The project provides a permissionless and regulatory-compliant environment for on-ramp and off-ramp protocols.
Its most recent is that it will tokenize $500 million worth of real estate assets for United Arab Emirates builder MAG Group.
This is a shining example of blockchain impacting the real world, and the market has reacted with huge buying demand.
Despite most other cryptos in the red this week, Mantra has pumped 19%.
It is currently priced at $0.9173, up 1% today and at breakeven this month.
RWA is a thriving category in crypto, by the world’s most influential players, including $9 trillion asset manager BlackRock.
Matra is currently the second-largest RWA project, which could allow significant growth as the sector matures.
Pepe Unchained
is a new meme coin inspired by the infamous Pepe coin.
Pepe has been on a tear this year, up over 470%.
However, with a $3.7 billion market cap, many trades are looking further afield to maximize their gains.
This is where Pepe Unchained comes in, but it’s not just another Pepe imitation.
It will be the first Pepe-themed token with its own Ethereum layer 2 blockchain.
Pepe Unchained will be 100x faster and much cheaper than Ethereum.
Moreover, there will be a dedicated bridge connecting to Ethereum and a block explorer so users can easily track wallets and transactions.
And if that’s not enough, it will be the first blockchain dedicated solely to meme coins.
With the meme coin sector worth over $40 billion, Pepe Unchained could be a big deal.
It is undergoing a presale and has raised $2.7 million so far.
Investors can at presale for $0.0083258, but this price will rise as the campaign advances.
LayerZero
LayerZero is another trending cryptocurrency to watch this week.
It’s an omnichain interoperability protocol that transfers liquidity and data between blockchains.
LayerZero refers to itself as a “blockchain of blockchains,” acting as a trustless hub for passing messages cross-chain.
ZRO has been another strong performer recently. It is trading at $3.97, up 1.1% today, 14% this week, and down 2.7% this month.
The project holds a $436 million market cap and a $524 million 24-hour trading volume.
Indeed, a trading volume higher than a market cap is a rare phenomenon and indicates massive market interest.
That’s also reflected on CoinMarketCap, with LayerZero currently the sixth most trending cryptocurrency.
The project’s recent uptick follows a partnership with layer 1 blockchain Flare.
This will connect Flare to 75 other blockchains and broaden LayerZero’s appeal within the cryptocurrency market.