6 Best Trending Coins on Dextools Today – PEPE, WSB, BOB
Last updated:
Author
Sam Cooling
Author
Sam Cooling
About Author
Sam is a financial journalist with a focus on cryptocurrency market news, based in London. With a Master’s Degree in Development Management from the London School of Economics, Sam’s passion for...
With over a decade of crypto coverage, Cryptonews delivers authoritative insights you can rely on. Our veteran team of journalists and analysts combines in-depth market knowledge with hands-on testing of blockchain technologies. We maintain strict editorial standards, ensuring factual accuracy and impartial reporting on both established cryptocurrencies and emerging projects. Our longstanding presence in the industry and commitment to quality journalism make Cryptonews a trusted source in the dynamic world of digital assets. Read more about Cryptonews
As meme coin fever continues to engulf markets with skyrocketing returns, leading trading platform Dextools has revealed an impressive list of the most trending coins in crypto markets today.
From big players in the space like Pepe Coin, to emerging projects with unrivalled growth potential, do not miss out on the hottest tip list of May 2023.
Pepe Coin ($PEPE)
Pepe is currently trading at $0.0000009, down by 17%, as it fights to reclaim the $0.0000010 level.
The meme coin has experienced a sensational 198% increase since the start of 2023.
Although Pepe has fallen below its 20-day moving average (MA), which has been the backbone of its skyrocket rally, a bounce off the lower trendline could suggest a retest is inbound.
If the 20-day MA flips to support, the next target would be $0.0000014, a 47.5% increase.
The Relative Strength Index (RSI) sits at 41, signaling an oversold market and indicating capacity to push up.
Whereas the Moving Average Convergence Divergence (MACD) shows a minor bearish divergence, which is insignificant at the moment.
However, if Pepe fails to maintain its current level, it could find support at $0.0000065, a 31% decrease.
The Risk-Reward ratio (R:R) of 1.51 suggests a potentially good entry, but the structure remains precarious for a meme coin.
DeeLance ($DLANCE)
The freelance sector is booming as professionals seek liberation from the conventional 9-to-5 grind.
Traditional freelance marketplaces, however, are plagued by issues like inconsistent work, delayed payments, and lack of transparency.
Enter DeeLance, a ground-breaking Web3-based platform revolutionizing the freelance landscape.
By leveraging the Ethereum blockchain, NFT technology, and the metaverse, DeeLance aims to overthrow giants like Upwork, Fiverr, LinkedIn, and Freelancer.
This innovative platform is quickly becoming one of the hottest cryptos of 2023, with over $589,711 raised during its presale.
Sam is a financial journalist with a focus on cryptocurrency market news, based in London. With a Master’s Degree in Development Management from the London School of Economics, Sam’s passion for the crypto space is fuelled by the potential of decentralization technology to empower marginalized communities across the world - with a special interest in blockchain-powered agricultural supply chains, financial transparency, and banking the unbanked.