The burgeoning crypto industry is evolving rapidly, driven by the constant emergence of new trends and market movements.
To make informed decisions and stay updated, it is crucial to stay up-to-date with the latest market movements and trends, allowing for data-driven decision-making.
As of Friday, May 19, the top 3 trending cryptocurrencies are Pepe (PEPE), Sui (SUI), and KEK (KEKE) based on CoinMarketCap’s list results showing the most-searched crypto coins on the website.
Compared to our previous analysis of the most-trending cryptocurrencies earlier this week, PEPE and SUI have retained their places in the top 3, with Pepe leading as the most popular cryptocurrency on the platform every day since the start of the week. Meanwhile, third place has been claimed by KEKE, which replaced LADYS.
Pepe (PEPE)
A number of meme coins have been hyped on social media platforms in the recent period, but none has attracted more investor attention than PEPE. This cryptocurrency, inspired by the ‘Pepe the Frog’ internet meme, saw a gigantic price leap of 5,000,000%, raising the eyebrows of every crypto investor.
At press time, PEPE was trading at $0.000001497, down 5.60% on the day. Over the past week, PEPE’s price rose more than 17%, and is up 442% in the last 30 days although it remains down over 65% from its all-time high of $0.00000431 it reached on May 5.
Sui (SUI)
SUI is a native token associated with the Sui network – a layer 1 blockchain developed by Mysten Labs. The token serves multiple purposes within the network, including settling transactions, covering operational fees, and rewarding validators.
At the time of writing, SUI was changing hands at $1.13, down 3.7% in the previous 24 hours. While the cryptocurrency is up more than 5.3% on a weekly basis, its market cap shrank significantly after shedding 75% in the past month.
Kek (KEKE)
Unsurprisingly, another meme coin is again among the top three trending cryptocurrencies. This time it is KEKE, a crypto token that lured attention at the start of the last week after jumping over 900% in 24 hours to hit its all-time high.
Now, KEKE is trading at $0.00000007281, down over 11.6% on the day. Over the past week, its price is slightly up, below 1%. Since its launch on May 6, KEKE’s price surged by more than 400%.
Today’s results show that meme coins continue to attract the bulk of attention in the crypto community heading into the weekend. Even though these crypto tokens have no specific business or economic use cases, they are often among the most-trending cryptocurrencies due to being highly sensitive to online influences like social media.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
