2024

Litecoin

Bitcoin

Worldcoin

<p>The post <a href="https://coinpedia.org/news/top-crypto-tokens-trending-today-amidst-bitcoin-price-drop/">Forget Bitcoin! Here’s What’s Hot in Crypto Today</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>It’s a new dawn for crypto – and yet again, there’s an unexpected twist!</p> 
<p>The global market cap saw a modest 1.5% dip over the last day, settling at $2.46 trillion. Even the king crypto, <a href="https://markets.coinpedia.org/bitcoin/">Bitcoin</a>, is down by 1%. Despite this, attention is drawn to specific tokens that are making waves with significant developments.</p> 
<p>While the broader market adjusts, tokens like Worldcoin (WLD) and Litecoin (LTC) stand out with their intriguing movements.</p> 
<p>Should they find their way into your portfolios? Let’s read on to find out. </p> 
<h2 class="wp-block-heading" id="h-worldcoin-powered-by-ai">Worldcoin: Powered By AI?</h2> 
<p>Worldcoin, powered by AI technology, has seen an impressive surge in market cap, climbing a remarkable 44% throughout May. This surge, bouncing back from a recent low in April, coincides with increased chatter about AI’s role in financial activities following comments by Warren Buffett.</p> 
<p>Backing up Worldcoin’s rise, data from Santiment shows a substantial 21.5% spike in total open interest within just one day, jumping from $131.9 million to $160.3 million. This indicates a significant uptick in investor interest.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f5e3.png" alt="🗣" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f440.png" alt="👀" class="wp-smiley" style="height: 1em; max-height: 1em;"> The top trending tokens in <a href="https://twitter.com/hashtag/crypto?src=hash&amp;ref_src=twsrc%5Etfw">#crypto</a> today are:<br><br><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1fa99.png" alt="🪙" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://twitter.com/hashtag/Worldcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Worldcoin</a> <a href="https://twitter.com/search?q=%24WLD&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$WLD</a>: The <a href="https://twitter.com/hashtag/AI?src=hash&amp;ref_src=twsrc%5Etfw">#AI</a> asset has seen its market cap grow +44% thus far in May after bottoming out at the end of April. It has also seemingly gotten a boost after <a href="https://twitter.com/hashtag/WarrenBuffett?src=hash&amp;ref_src=twsrc%5Etfw">#WarrenBuffett</a> made recent controversial comments about… <a href="https://t.co/7VXVzOGnfk">pic.twitter.com/7VXVzOGnfk</a></p>— Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1787562489234047390?ref_src=twsrc%5Etfw">May 6, 2024</a>
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<p>In response to these market dynamics, <a href="https://markets.coinpedia.org/worldcoin-org/" target="_blank" rel="noreferrer noopener">WLD</a> has surged by 23.6% over the past 24 hours, reaching a trading price of $6, a level not seen in three weeks. Currently, the asset’s market cap stands at $1.32 billion, positioning it as the 70th-largest digital currency by market capitalization.&nbsp;</p> 
<h2 class="wp-block-heading" id="h-litecoin-makes-a-strong-comeback">Litecoin Makes A Strong Comeback</h2> 
<p>Meanwhile, Litecoin is back in focus, fueled by talks of potential <a href="https://markets.coinpedia.org/litecoin/">Litecoin</a> exchange-traded funds (ETFs) with Grayscale. This revived interest sparks speculation and attention on future ETF developments.</p> 
<p>Insights from Santiment, shared by trader Kamikaze, shed light on Litecoin’s recent behavior. Despite price fluctuations, ranging from $113 to $74.5 in the past two months, Litecoin has managed to hold above $80.</p> 
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   <p lang="en" dir="ltr">Although the price of <a href="https://twitter.com/hashtag/Litecoin?src=hash&amp;ref_src=twsrc%5Etfw">#Litecoin</a> has fallen, data from <a href="https://twitter.com/santimentfeed?ref_src=twsrc%5Etfw">@santimentfeed</a> shows that whales purchased an additional 100,000 LTC between April 28th and May 4th. This counter-trend behavior suggests potential long-term bullish sentiment among major holders.<a href="https://twitter.com/search?q=%24LTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$LTC</a> <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw">#Crypto</a> <a href="https://t.co/VbqMrYUwIP">pic.twitter.com/VbqMrYUwIP</a></p>— 山丨ㄥㄥ Trader_Kamikaze 
   <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f1e7-1f1f7.png" alt="🇧🇷" class="wp-smiley" style="height: 1em; max-height: 1em;"> 
   <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f918.png" alt="🤘" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@trader_kamikaze) <a href="https://twitter.com/trader_kamikaze/status/1787234995578245145?ref_src=twsrc%5Etfw">May 5, 2024</a>
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<p>However, technical indicators like the EMA suggest a possible bearish turn, with the potential for a crossover between the 20-day and 100-day EMAs. This could lead to increased selling pressure, possibly extending the ongoing consolidation. Additionally, the daily RSI hovering around 44% signals a neutral to bearish market sentiment.</p> 
<p>In the midst of these shifts, investors remain vigilant, closely watching market dynamics and developments to capitalize on emerging opportunities. </p> 
<p>Also Check Out: <a href="https://coinpedia.org/news/altcoin-market-poised-for-growth-as-analysts-predict-bullish-pattern/">Altcoin Market to Surge as Bullish Pattern Hints at Breakout: Time to Diversify from Bitcoin?</a></p> 
<p><strong>The crypto market is full of surprises. What tokens are catching your eye right now?</strong></p>

Forget Bitcoin! Here’s What’s Hot in Crypto Today

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