The Culture of “No-Coiners” in the Crypto Space
In the world of cryptocurrencies, there is a diverse culture that extends beyond the debate involving “no-coiners.” No-coiners are individuals who abstain from holding any cryptocurrencies and actively discourage others from participating. They believe that the crypto space is nonsensical or associated with criminal activities. Some authors have built personal brands around their criticism of the industry, which has become profitable for them.
Interestingly, the staunchest no-coiners share similarities with the extreme crypto enthusiasts they disdain. They spend a significant amount of time opposing something, displaying a similar fanaticism. However, despite their negativity, no-coiners contribute to the dynamic nature of the crypto ecosystem.
Top Trending Crypto Coins on DEXTools
The global crypto market cap is currently $1.66 trillion, with a 3.39% increase in the past day. However, the total crypto market volume in the last 24 hours has decreased by 13.95%. The decentralized finance sector constitutes 13.08% of the total market activity, with stablecoins contributing significantly at 87.73% of the 24-hour volume.
Gemini AI (GEMINI)
Google’s latest artificial intelligence (AI) model, Gemini, has sparked a 5% increase in Google’s shares. The Gemini AI (GEMINI) token has surged by over 200% in the past 24 hours, with a market cap of over $2 million and $2.28 million in trading volume. Analysts predict that Gemini could significantly impact Google’s stock trajectory in the coming year.
LiquidLayer Token (LILA)
LiquidLayer (LILA) token has experienced an extraordinary price surge, reaching $1.29 with a 24-hour trading volume of $987,780.51. The token has risen by 69.69% in the past day and 9.34% over the previous week. The circulating supply of LILA tokens places the market cap at $8.81 million.
Bonk (BONK)
The Bonk Inu (BONK) memecoin has gained significant traction in the crypto market, with a 38.68% surge in trading price and a 115.88% increase in 24-hour trading volume. BONK has reached an all-time high market capitalization of over $750 million, positioning it as the 81st largest asset in the cryptocurrency sector. Its rise mirrors the hype surrounding memecoins like Dogecoin and Shiba Inu.
What Might Be The Next Top Trending Crypto?
The Wall Street Memes Casino has attracted over 18,100 players and generated $1.5 million in revenue within a month of its launch. The casino aims to fortify the value of its WSM token through daily buybacks of at least $100,000 for the next three days, in addition to offering exclusive rewards and bonuses to token holders. Traders see potential in WSM as a candidate for explosive growth and a top-trending coin before the year ends.
Hot Take: A Diverse Crypto Culture
The crypto space is not just about the bullish trends and no-coiners’ criticism. It encompasses a diverse culture with different factions and beliefs. While no-coiners oppose cryptocurrencies, their stance often aligns with the fanaticism seen in some crypto circles. Nevertheless, they contribute to the multifaceted dynamics of the crypto ecosystem. As the crypto market continues to evolve, it is essential to recognize and embrace the various perspectives within the industry.
Insa’s extensive background in the financial realm encompasses roles as a writer, trader, and personal finance coach. Her proficiency spans a wide spectrum, ranging from commodities and indices to forex and cryptocurrencies.Insa’s specialization lies in furnishing strategic investment advice tailored to the fintech investment niche.
