Top Trending Cryptos on GeckoTerminal Today, October 14 – DeepBook Protocol, Slerf, Pepe, GameStop

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Insidebitcoin2024/10/14 18:33

coin_news.by:Insidebitcoin

As Bitcoin struggles to maintain a hold above $60,000, investors are gradually shifting their focus to select altcoins. Most of them are checking out the top trending coins on GeckoTerminal in search of significant profit. This article curates the top 5 altcoins that look strong on the charts.

Analysts are bullish on these altcoins. Based on specific metrics, they believe that the altcoin market is about to enter an “up-only season.” Further analysis shows that our curated list of tokens will lead the charge and post massive ROI

Trending Coins on GeckoTerminal Today

GameStop experienced a significant price surge recently due to renewed interest from retail investors. Meanwhile, PEPE defied market volatility to post a 1,600% price explosion earlier this year. Moreover, investor sentiment surrounding DEEP is notably optimistic.

However, the Memebet Token is a better option than any meme coin in the crypto market. The project is transforming the gaming and betting industry. It integrates blockchain technology with user-friendly gaming experiences. Investors are encouraged to buy the token at $0.0258 before its price increases tomorrow.

1. DeepBook Protocol (DEEP)

The DeepBook platform is a decentralized central limit order book (CLOB) on the Sui blockchain. The native token, DEEP, facilitates wholesale liquidity. It also provides a robust trading environment for institutional traders and DeFi protocols. The token is integral to DeepBook’s ecosystem, enabling features such as volume-based fees and maker incentives.

Moreover, DeepBook leverages a fully on-chain architecture, ensuring low latency and high transaction throughput. This setup allows users to place limit orders and market orders efficiently, similar to centralized exchanges. The platform’s design enhances liquidity access for professional traders while providing retail services through its decentralized model.

Furthermore, the DEEP token serves multiple utilities within the DeepBook platform. Users can participate in governance by staking their DEEP tokens, allowing them to influence key decisions regarding pool parameters and fee structures. Additionally, the token incentivizes liquidity providers through rewards that decrease as total liquidity increases, promoting a balanced trading environment.

Meanwhile, DeepBook recently previewed its token launch alongside an NFT airdrop, where eligible users received a soulbound NFT representing their claim to DEEP tokens. This innovative approach creates excitement around the token generation event (TGE) while ensuring that claims are securely tied to individual wallet addresses.

As of the time of writing, DEEP is priced at $0.01261, reflecting a 25% increase in the last 24 hours. It has a healthy greed index of 70 and bullish market sentiment. The project has garnered significant attention within the DeFi community due to its innovative approach and potential for high-volume trading.

2. Memebet Token (MEMEBET)

Memebet Token is fast gaining traction for its strategic integration of gaming, crypto, and gambling. Its goal is to develop a decentralized platform where users can bet on various games and events using the native token. The project promotes community involvement and transparency, providing a unique experience in the gaming and betting industry.

The current ICO allows early investors to buy tokens at an affordable price of $0.0258 before its official launch. This presale phase is intended to build a robust community base and spark interest in the platform. Investors participating in the presale can expect exponential profits once the token is listed on exchanges.

Meanwhile, Memebet’s platform offers a range of gaming options, such as casino games and sports betting. Users can use Memebet tokens to place bets, join games, and access exclusive features on the platform. This functionality aims to create an engaging atmosphere for casual gamers and serious bettors alike.

Significantly, the Memebet Token team comprises professionals with extensive experience in the gaming and blockchain sectors. Their expertise has driven the presale to raise over $460,000 within a few days. Potential investors are encouraged to act by buying the token today, as the token price is set to rise tomorrow.

Visit Memebet Token Presale

3. Slerf (SLERF)

SLERF is a Solano-based project that made an unusual entry into the crypto market. It is one of the few tokens that enjoyed the support of other crypto and influential figures. These crypto projects and influencers made huge donations to enable the project to survive, especially after its developers mistakenly burnt $10.6 million in presale funds.

Just like Slerf the sloth, the SLERF coin symbolizes determination and perseverance. It mirrors Slerf’s deliberate journey through the Amazon rainforest. The SLERF token offers a conscious and calculated strategy to crypto enthusiasts. Its survival inspires all to aim higher, never give up and achieve greatness.

Meanwhile, the team recently announced the launch of a set of unique NFTs. These NFTs were created to add a layer of utility around the project and increase users’ interaction with the platform. Notably, the token responded favourably to these developments, quickly soaring 21% in the last 24 hours.

Despite a unique market entry, with its developer accidentally burning $10 million of presale funds, the SLERF coin has seen remarkable success. It has posted 28 green days in the last 30 days. Therefore, investors seeking trending meme coins on GeckoTerminal should include Slerf in their watchlist.

4. Pepe (PEPE)

Pepe continues to hold its status as a leading meme coin, thanks to its deflationary model and robust community backing. Inspired by the iconic Pepe-the-Frog meme, the token gained popularity alongside other meme coins like Dogecoin and Shiba Inu. Its appeal lies in its simplicity and no-tax policy, attracting a broad base of crypto investors.

PEPE defied market instability earlier this year, recording a remarkable 1,600% price surge. Recent headlines highlight significant whale activity and a new listing on LCX. This listing on the DEX platform significantly enhanced the token’s liquidity, accessibility, and appeal among investors.

Meanwhile, the project’s progress follows a structured three-phase roadmap. It aims to secure major exchange listings and establish a “meme takeover.” Although PEPE lacks inherent utility, its community-driven approach and consistent social media presence help maintain its relevance in the market.

Despite opening today’s trading with a minor 1.6% dip, the Pepe token quickly recovered, posting a 13% gain in the last eighteen hours. PEPE remains popular among meme coin enthusiasts who see promise in its market performance and ongoing developments. With its recent LCX listing and active community engagement, the token is poised to retain its market presence.

5. GameStop (GME)

GameStop’s token recently witnessed a substantial price increase, driven by renewed interest from retail investors. After slumping below $0.004 in September, the token has regained lost ground and surged by 40.6% today. This upward trend builds on a remarkable increase of 53% over the previous week. These figures highlight sustained investor interest despite sluggish activity in the broader crypto market.

Meanwhile, the token went through a protracted “winter” and lost traction before surging back to life. The key factor behind this resurgence was the return of Keith Gill, known as “Roaring Kitty.” His influence on GameStop has been significant since the meme stock frenzy of 2021. His presence on social media often sparks price surges in the token.

Moreover, GME currently trades 53% above its 200-day simple moving average. Its Relative Strength Index (RSI) stands at 47, suggesting potential sideways trading. While the sentiment around the token remains optimistic, its price movements remain highly volatile. Nevertheless, if the bulls can keep the bears at bay, it could maintain its place among trending cryptos on GeckoTerminal.

Furthermore, anticipation builds as the anticipated bull run draws nearer. This event could further influence the token’s performance and propel it to new heights. Analysts predict a significant gain of around 80%, but investors should maintain a balanced perspective to make informed trading decisions.