Bankruptcy turmoils and regulatory uncertainty have since long brought about a negative sentiment towards the crypto industry. But even that would not stop some high-potential cryptocurrencies from exhibiting a promising market performance. Let us discuss the top cryptocurrencies to monitor in the upcoming week.
Pepecoin (PEPE)
PEPE, dubbed to be “the most memeable memecoin in existence,” officially kickstarted the memecoin season after rallying 1,503.9% in two weeks. The 24-hour trading volume of PEPE is $759,510,848, up 26.84%, with a market capitalization (MCAP) of $549,409,536 as per CoinMarketCap (CMC). PEPE has reached an all-time high (ATH) of $0.000001418, as per CMC data.
FLOKI
FLOKI is trading at $0.00003445 with an MCAP of $333,301,864 and a 24-hour trading volume of $57,126,143, up 14.03%, at press time, as per CMC data. Notably, FLOKI has inked a World Championship Sponsorship with the ITTF (International Table Tennis Foundation).
Stacks (STX)
Stacks (STX) is trading at $0.6256, up 2.30%, with an MCAP of $862,725,180, at press time, as per CMC. Its 24-hour trading volume is $78,750,090. Interestingly, STX has reportedly witnessed a 316% rally since January 2023.
Arbitrum (ARB)
Arbitrum (ARB) is trading at $1.13, up 6.16%, with an MCAP of $1,445,668,260, at press time, as per CMC. Its 24-hour trading volume is $443,283,352. Significantly, Arbitrum has just announced a new reward program in the form of a decentralized autonomous organization (DAO) revenue mechanism for token holders. Arbitrum shall distribute 3,352 ETH, valued at over $6 million to its DAO, as part of the fee-generated rewards.
Aptos APT
Aptos (APT) is trading at $8.26, up 2.97%, with an MCAP of $1,619,615,494, at press time, as per CMC. Its 24-hour trading volume is $108,811,925. Notably, Aptos is experiencing a bullish sentiment as analysts allocate a resistance at $8.32 and support at $7.79.
