The Global Cryptocurrency Market
The global cryptocurrency market has surged, reaching a cap of $1.62 trillion, marking a significant 4.12% increase within the last day. Concurrently, the 24-hour total crypto market volume rose by 21.24%, amounting to $63.87 billion.
Political Backing for Crypto
The Fairshake political action committee (PAC) has announced substantial financial backing for candidates supportive of American crypto and blockchain innovation in the upcoming 2024 elections. Notable contributions totaling $78 million have been secured from industry leaders and firms.
Industry United
Ripple CEO Brad Garlinghouse’s expresses support for “pro-crypto” candidates during the 2024 United States election season. The collective effort emphasizes a united front among industry stakeholders to shape a regulatory landscape conducive to crypto and blockchain innovation.
Top Trending Crypto Coins on DEXTools
Beam (BEAM)
Beam’s price currently stands at $0.01986228, witnessing a substantial 13.92% surge in the last 24 hours. This price movement also reflects a 0.30% increase over the past seven days. The surge positions Beam with a market cap of $947.49 million, propelled by a 24-hour trading volume reaching $54.01 million.
Dinger Token (DINGER)
Dinger Token is a meme-inspired cryptocurrency native to the Schrodinger platform, and it has surged exponentially, showcasing an outstanding 1,712.41% increase in the past seven days. This token’s price soared by an impressive 108.32% within the last 24 hours alone.
TOPIA (TOPIA)
TOPIA Token ensures secure and seamless transactions across its network, at a live price of $0.072055 and a 24-hour trading volume of $1.19 million. The token has observed a notable uptrend, recording a 2.94% increase in its valuation, becoming a top-trending cryptocurrency.
The Next Top Trending Crypto
Bitcoin Minetrix (BTCMTX) offers a novel pathway to earn BTC through innovative staking methods. It introduces a groundbreaking system allowing users to stake BTCMTX tokens on Ethereum, enabling the acquisition of cloud mining power for Bitcoin without the need for costly hardware or intricate mining contracts.
Hot Take
Bitcoin Minetrix’s disruptive approach not only innovates within the realm of BTC acquisition but also addresses critical challenges prevalent in the mining space, promising a user-friendly, transparent, and potentially lucrative avenue for individuals seeking to participate in Bitcoin mining without the traditional barriers. Investors and enthusiasts alike eagerly anticipate the project’s unfolding.