- BTC tops the list of trending cryptocurrencies over the last 24 hours.
- ETH slips to the fourth position, likely to reclaim the second position.
- CHEX and BOUNTY feature in the second and third positions, respectively.
BTC and ETH are still in the top 5 trending cryptocurrencies list on a 24-hour chart. CHEX and BOUNTY are new entrants, filling the gap between Bitcoin tokens and Ether. However, Ethereum tokens are expected to reclaim the 2nd spot if its 3-month price projection stands true.
BTC and ETH Trending in Top Five
A 24-hour list by CoinMarketCap of top trending cryptocurrencies shows BTC at the top and ETH in the 4th position. Their respective prices are $92,057.52 and $3,220.52. For a quick reference, CMC reportedly drafts the list based on the visibility and use activity on its platform. This includes activities like engagement and viewership by general users and investors.
Their positions on the list are also partly evident from 24-hour trading volume. BTC’s volume has surged by 24.05% while ETH’s volume soared by 15.05%. While the trading volume of Bitcoin tokens is $56.22 billion, Ethereum tokens are at $28.19 billion when the article is being drafted.
CHEX and BOUNTY on the List
Chintai (CHEX) ranks 2nd on the list, and Chainbounty (BOUNTY) ranks 3rd, with significant gains in their 24-hour trading volume. BOUNTY’s gain stands at 37,089.78% for over $130.25 million. The volume of CHEX, on the other hand, surged by 151.80% to $1.68 million.
The impact of being in the said position is reflected on their token values. For instance, CHEX is listed at $0.06975, up by 42.85% over the last 24 hours. Similarly, BOUNTY has surged by 90.86% to $0.04009 during the same timeline.
That said, it is important to note that positions are subject to change based on several activities. Crypto traders and investors are recommended to research and assess risk in advance.
ETH to Reclaim its Spot?
It is anticipated that ETH could reclaim the second position on the list. This is based on the 3-month projection which forecasts a maximum gain of 80.79% – taking the trading value to around $5,898.71 amid the medium volatility of approximately 3.85%. However, ETH could also reclaim the position earlier.
The closest ETH price prediction has forecast a monthly growth of 11.91% to $3,651.35. The token is testing critical support and resistance levels of $3,120.92 and $3,334.00, applicable in the same order.
Highlighted Crypto News Today:
Barclays makes first stablecoin bet with investment in Ubyx
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
A certain whale withdrew 348.3 BTC from a certain CEX, accumulating a total of 1720.2 BTC over the past 9 days.
Gate News report: On March 12, according to on-chain analyst Embers' monitoring, a certain whale/institution withdrew 348.3 BTC ($24.55 million) from a CEX half an hour ago. Over the past 9 days, this address has accumulated a total of 1720.2 BTC ($120 million) through a CEX, with an average price of $69,527.
GateNews7m ago
Grayscale transferred 296 BTC to a certain CEX, worth approximately $20.86 million
Gate News reported that on March 12, according to Arkham monitoring, Grayscale transferred approximately 296 Bitcoin through its Grayscale Bitcoin Trust to a CEX Prime address, valued at about $20.86 million. Additionally, Grayscale's Avalanche Trust fund transferred 27,731 Bitcoin to a certain independent address.
GateNews11m ago
Hands-on Review by Bitcoin.com - Digging Into Xapo Bank’s World
Hands-on Review by Bitcoin.com.
Bitcoin has matured far beyond its early days as a niche digital experiment. Today, many holders are thinking less about short-term trading and more about long-term wealth management. That shift raises a practical question: if Bitcoin is a major financial asset,
Coinpedia14m ago
Bitcoin Trades Narrow Range As Resistance Holds Near $71K
Bitcoin is trading around $70,335, showing a 2.13% decline in 24 hours. Analysts note a resistance near $71,400 and a consolidation phase, with traders awaiting a decisive breakout above or below established support and resistance levels.
CryptoBreaking39m ago
