The low-cap crypto market has seen an uptick in momentum, with an array of new tokens catching investors’ attention.
Three of the most talked-about tokens this week are $BITCOIN, $WLD, and $HAMS, all of which are trending on DEXTools.
However, crypto investors are also taking note of Evil Pepe Coin ($EVILPEPE), which looks primed to pump once its presale phase concludes.
$X Token Rides Elon Musk Hype Train & Surges 287%
First up is AI-X ($X) – a new ERC-20 token aimed at advancing artificial intelligence technology through an indirect association with Elon Musk.
$X offers zero transaction fees and has burned 100% of its liquidity pool, ensuring a completely decentralized system.
The total supply of $X is a massive ten quadrillion, with 86% allocated for liquidity.
$X’s overarching use case is to serve as a means to fund new AI developments across various sectors while also fostering a strong community base.
Unsurprisingly, the $X price has received a considerable boost following Elon Musk’s decision to rebrand Twitter as “X,” including removing the iconic blue bird logo.
Although $X has no direct connection to Musk or Twitter, the fact that it coincidentally shares the same ticker symbol has caused investor interest to rocket.
According to DEXTools, $X is one of the top ten trending cryptos on the platform, boasting a market cap of over $10.5 million.
The $X price has rocketed 287% in the past three days – and with momentum showing no signs of abating, many believe more gains could be on the horizon.
New Token $BITCOIN Stirs Up the Meme Coin Space
Another trending token is $BITCOIN – also known as HarryPotterObamaSonic10Inu in full.
Although this meme token has no direct connection with the original Bitcoin, the fact that its ticker symbol shares the same name has prompted huge investor interest over the past few weeks.
According to DEXTools, $BITCOIN is currently ranked second in the platform’s list of trending tokens, boasting a 24-hour trading volume of over $15.91 million.
After a sharp drop last week, the $BITCOIN price rallied again on Tuesday, posting gains of over 175%.
Unfortunately for HODLers, the coin’s value has pulled back once more – showcasing the immense volatility of $BITCOIN.
This volatility is likely to continue given that $BITCOIN’s value is driven more by social media buzz than any real-world utility.
Regardless, with the coin showing no signs of slowing down, it’s highly likely that investors will continue entering the market to gain exposure to its price movements.
Sam Altman’s $WLD Token Has Surprising Market Debut
Another trending token on DEXTools today is Worldcoin ($WLD), which made its official market debut on Monday.
Worldcoin has been one of the most anticipated crypto launches of the year, given that it was co-founded by Sam Altman – the brains behind ChatGPT.
After a sharp selloff following its listing on Monday, the Worldcoin price has rebounded impressively, positioning it as the number one trending token on DEXTools.
Although $WLD was launched mere days ago, data from Etherscan reveals that over 3,000 unique wallet addresses now hold the token – showcasing the immense demand from the investment community.
In addition, Worldcoin’s value has risen 35% from yesterday’s low, as evidenced by the clear higher highs and higher lows on the 1H chart.
Although there has been significant controversy around Worldcoin’s ambitions and underlying technology, investors are seemingly undeterred – meaning it’ll be interesting to see how the token fares in the weeks ahead.
$HAMS Launches as a Meme Coin with a Quirky Twist
Hamsters ($HAMS) is ranked fifth on DEXTools’ list of trending tokens thanks to the uptick in trading activity over the past day.
In the past 24 hours, over $2.34 million worth of $HAMS has been traded, with the token also benefiting from a listing on CoinMarketCap.
Unlike most meme tokens that have flooded the market recently, $HAMS has a built-in use case – albeit a strange one.
According to the token’s website, Hamsters is an online betting platform where people can place wagers on live-streamed hamster races.
This strange use case has drawn a surprising amount of attention and curiosity from the crypto community, helping to boost the token’s visibility and trading volume.
Whether the current interest in $HAMS can be sustained remains to be seen.
But for now, $HAMS is enjoying its moment in the spotlight – and appears to have found its niche in the ever-evolving world of meme coins.
Is Evil Pepe Coin the Next Crypto to Pump & Trend on DexTools?
With so many tokens catching the eye of investors, Evil Pepe Coin ($EVILPEPE) is another one that’s hard to miss.
Riding the wave of the original Pepe’s ($PEPE) success, $EVILPEPE is causing a stir in its presale phase, having already raised over $870,000 – and counting.
Although Evil Pepe Coin pays homage to its predecessor, it’s also carving its own niche in the meme coin space thanks to its dark and rebellious aesthetic.
Notably, $EVILPEPE’s tokenomics have been structured in such a way as to encourage stability and growth – something that’s often overlooked with low-cap cryptos.
As noted in Evil Pepe Coin’s whitepaper, 90% of the total token supply is being dedicated to the presale, with the remaining 10% allocated for DEX liquidity.
This means the developers have reserved no tokens for themselves, implying that Evil Pepe Coin will be entirely community-owned.
The project’s appealing tokenomics setup hasn’t gone unnoticed, with prominent influencers like Conor Kenny highlighting the token’s colossal potential.
Currently, would-be investors can purchase $EVILPEPE through the presale for just $0.000333, which is expected to be a discount on the eventual DEX listing price.
Given the recent success of newly-listed meme coins, there’s strong anticipation that $EVILPEPE could follow suit, generating significant profits for those bold enough to get involved at this early stage.
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