Most Trending Cryptocurrencies on Polygon – Fuse Token, Mask Network, Elk

Bitcoin’s value and demand are gaining momentum, reflecting tendencies noticed in the course of the 2016 U.S. presidential election. For the upcoming 2024 election, betting markets presently estimate former President Donald Trump’s re-election probabilities at 66.5%. This has sparked optimism amongst traders, with expectations of regulatory shifts that may very well be favorable for Bitcoin fueling a bullish market sentiment.

As curiosity in Bitcoin grows, current investments in Bitcoin exchange-traded funds (ETFs) are including to the cryptocurrency’s upward pattern. Furthermore, tokens on a number of blockchains have posted rallies. This text curates the most trending cryptocurrencies on Polygon.

Most Trending Cryptocurrencies on Polygon 

The Fuse Token (FUSE) is valued at $0.033 and has an estimated market cap of $67.31K. Masks Community (PoS) is priced at $3.168, with a market capitalization of roughly $316.98 million. Presently, Elk (ELK) is priced at $0.107, has a market cap of $1.73M, and exhibits a 24-hour buying and selling quantity of $7.38K. 

In the meantime, the meme coin Flockerz ($FLOCK) has shortly gained consideration, elevating $1.15 million throughout its preliminary coin providing (ICO). In different information, crypto agency Consensys introduced a 20% workforce discount, citing issues over regulatory uncertainty.

1. Fuse Token (FUSE)

The Fuse Token (FUSE) is presently priced at $0.033, with a market cap of round $67.31K. Its 24-hour buying and selling quantity stands at $3.27K, reflecting a rise of 112.86% over the previous day. FUSE has a circulating provide of two.03 million, which has reached its most restrict.

On the 15-minute timeframe on DEXTools.io, the FUSE/USD chart not too long ago confirmed a robust breakout after an prolonged interval of low exercise and steady pricing. The value surged from roughly $0.014 to $0.033 in a sequence of enormous inexperienced candles. The latest interval signifies a slight acquire of 0.77%. This sharp value enhance displays renewed curiosity, and it’s now adopted by a quick consolidation section across the $0.033 mark.

The FUSE/USD pair noticed a major rally with speedy upward motion, suggesting renewed shopping for curiosity. This transfer started simply after 11:00 and is clear in a sequence of inexperienced candles. The value now consolidates across the $0.033 stage, hinting at potential stabilization. Accordingly, the buying and selling quantity spiked, indicating substantial purchase orders coming into the market. The amount’s enhance aligns with the worth motion, which helps the energy of the breakout, as greater buying and selling exercise typically backs a brand new value pattern.

The $FUSE / $USDT pair buying and selling is LIVE on @bitgetglobal 🎉

🎁 Particular promo: stake your $FUSE on @voltfinance for 9.73% APY + likelihood to share 10,000 $FUSE prize pool by finishing the next duties:

1️⃣ RT this post2️⃣ Observe @voltfinance & @Fuse_network3️⃣ Tag 3 associates in… pic.twitter.com/WDSsAmlsF5

— Fuse Community 🔜 Devcon (@Fuse_network) October 30, 2024

After the rally, the worth started a interval of consolidation marked by smaller candles and lowered quantity. This section suggests a steadiness between patrons and sellers, with some probably taking earnings. A single crimson candle hints at a slight pullback however doesn’t but recommend a full reversal.

2. Masks Community (PoS) (MASK)

Masks Community (PoS) is presently priced at $3.168 and has a market cap of $316.98 million. Over the previous 24 hours, the token’s buying and selling quantity has reached $17.9K, with a 35.32% value enhance. The utmost circulating provide is 100 million MASK cash.

The current value chart highlights fluctuations with transient uptrends and downtrends. Following these shifts, the worth stabilizes inside a spread of $3.05 to $3.25. This exercise exhibits each patrons and sellers actively testing value boundaries.

Initially, Masks Community noticed a small rally to $3.17. This was adopted by sideways motion with combined crimson and inexperienced candles, which suggests indecision amongst merchants. Round noon, the worth briefly declined to $3.05 however then rebounded above $3.15. This restoration signifies some shopping for curiosity at decrease ranges. Later, the worth barely retraced to almost $3.22, signaling attainable resistance at this stage.

When it comes to quantity, an early enhance matched the preliminary upward value motion, indicating shopping for strain. Afterward, quantity remained regular, with occasional spikes throughout bigger value swings. A noticeable peak in quantity coincided with the noon low, the place shopping for on the help stage appeared to push the worth again up.

The chart exhibits combined market sentiment, reflecting each bullish and bearish indicators. The early rally and noon restoration trace at cautious optimism, whereas frequent pullbacks recommend ongoing promoting strain. The minor retracement round $3.22 might sign some resistance, resulting in slight consolidation.

3. Elk (ELK)

Elk (ELK) is presently priced at $0.107, with a market cap of $1.73M and a 24-hour buying and selling quantity of $7.38K. Over the previous 24 hours, ELK has seen a notable 28.19% value enhance. Out of its whole provide of 42.42M, roughly 16.13M cash are in circulation.

Just lately, ELK has proven a transparent upward pattern. Its value shifted from round $0.085 to about $0.108, suggesting a constructive momentum. This enhance has since stabilized, sustaining its stage close to the current excessive.

When it comes to value motion, ELK’s worth was initially steady with low buying and selling exercise. Nevertheless, round noon, a pointy breakout occurred with a number of inexperienced candles pushing the worth considerably greater. The value peaked close to $0.1083, then entered a consolidation section with minor fluctuations. This sample means that patrons and sellers have reached a short lived steadiness of round $0.1078.

Alright! Right here we go! $ELK is now reside on @MEXC_Official!! Time to load up whereas it is scorching. Extra huge information coming quickly!https://t.co/lkObU2RNpv pic.twitter.com/XAoE514Yzq

— Elk Finance (@elk_finance) October 30, 2024

Quantity carefully mirrored these value actions. Throughout the steady early section, buying and selling quantity was minimal. But, because the breakout started, quantity surged, indicating sturdy shopping for curiosity. This heightened exercise tapered off after the height, which is consistent with typical consolidation phases when buying and selling slows.

Market sentiment seems bullish. The upward breakout and subsequent stabilization indicate that patrons stay in management. Notably, the absence of a pointy sell-off after the rise suggests restricted promoting strain. If shopping for curiosity resumes, the worth might proceed to pattern greater.

What May Be The Subsequent High Trending Crypto?

Flockerz ($FLOCK) is a brand new meme coin that has shortly gained traction, elevating $1.15 million in its ICO section. Regardless of a broader market slowdown, with most tokens down from final week, Flockerz exhibits stunning momentum. This dip throughout crypto markets has stemmed from points like current arrests of scammers in Japan and large-scale asset liquidations, which have impacted token values.

Launched not too long ago, Flockerz goals to face out within the crowded meme coin panorama. Traders can presently purchase $FLOCK tokens at $0.0058862, though costs are anticipated to rise quickly. When the presale wraps up, the token might be obtainable on each centralized and decentralized exchanges. This publicity might enhance Flockerz’s market presence. To make sure safety, Flockerz has additionally accomplished audits with Coinsult and SolidProof, which helps investor confidence.

The flock is so up 📈 it is placing us right into a meditative state! 🧘 pic.twitter.com/TmWTgJ2KVm

— Flockerz (@FlockerzToken) October 30, 2024

One distinctive characteristic of Flockerz is its “Vote-To-Earn” system. By FlockTopia, the mission’s DAO, token holders can earn $FLOCK rewards by taking part in mission choices. This permits customers to assist information improvement, advertising, and token administration. By participating customers in choices, Flockerz distinguishes itself from many different meme cash.

Furthermore, $FLOCK holders can earn an APY of 1451% by staking. Nevertheless, returns are anticipated to lower as extra tokens are staked. Distinguished crypto influencers have endorsed Flockerz, highlighting its potential progress. Flockerz additionally has a rising presence on social media, with round 2.9k followers on X and 1.5k on Telegram, aiming for open communication with its neighborhood.

Go to Flockerz Presale

Learn Extra

Most Searched Crypto Launch – Pepe Unchained

Layer 2 Meme Coin Ecosystem
Featured in Cointelegraph
SolidProof & Coinsult Audited
Staking Rewards – pepeunchained.com
$10+ Million Raised at ICO – Ends Quickly