Top 3 Trending Cryptocurrencies Today

The price of Bitcoin (BTC) is trading at $23,828.39 in the last 24 hours.
TABOO has established support at $0.001059.
In the last 24 hours, MATIC has recorded a price increase of 12.94%.

Following remarks made by Federal Reserve chair Jerome Powell following a quarter-point rate hike by the US central bank, the cryptocurrency market was trading in the green on Thursday. Powell admitted that inflation has begun to drop.

Currently, Bitcoin’s (BTC) price is exchanging hands at $23,828.39, which is a 3.13 percent increase, and has a trading volume of $30,546,617,853. In this article, we are going to take a look at the top 3 trending cryptocurrencies in the crypto market today. Here is the list of the trending cryptocurrencies in the market:

TABOO TOKEN(TABOO)

TABOO is a unique adult streaming media and Non-Fungible Token (NFT) platform that focuses on very exclusive content. Non-purely pornographic models have different content than other adult tokens. The user-friendly marketplace serves as a platform for consumers to explore their desires, purchase the top adult NFTs, and invest tokens for high return yields all in one location.

In the last 24 hours, TABOO has been trading in a bullish trend. This bullish dominance in TABOO market has resulted in TABOO prices skyrocketing by 48.31% and is currently exchanging hands at $0.001574 leading to its prices hovering around $0.001059 (support) to $0.001575 (resistance). The current price is down by 97.00% from its all-time highs (ATH), which were established in the month of November in the year 2021.

TABOO/USD 24-hour price chart (source: CoinMarketCap)

HyperChainX (HYPER)

The opening price of HyperChainX started trading in a bullish trend at the beginning of the day. Since the beginning of the day, the bulls have dominated the market, leading to HyperChainX’s (HYPER) market surging by 41.60% in the last 24 hours.

HYPER/USD 24-hour trading chart (source: CoinMarketCap)

Polygon (MATIC)

The first intuitive platform for developing scaling and infrastructure for Ethereum is called Polygon (formerly known as Matic Network). Its key element is the Polygon SDK, a modular, customizable foundation that makes it easier to create different kinds of apps.

With a price of $1.23 right now, Polygon has a $913,630,479 24-hour trading volume. Polygon has increased by 12.94% during the last day. CoinMarketCap is ranked #10 in the world with a live market cap of $10,766,507,872.

MATIC/USD 24-hour trading chart (source: CoinMarketCap)

In conclusion, bulls in the above coins have dominated the market, which might result in the prices reaching new highs.

Read Also :

Munene Kelvin

Kelvin enjoys writing about cryptocurrency and blockchain. He started blogging in 2019 and switched to cryptocurrency in 2020. Kelvin is interested in technology, football, chess, and Defi. He wants decentralization to benefit everyone on the planet.