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CoinGecko, a renowned crypto data aggregator, has recently disclosed the list of the most trending cryptocurrencies. These rankings are based on the number of searches made over a span of 3 hours.
The top five cryptocurrencies that captured the most interest during this period were Polygon (MATIC), PancakeSwap (CAKE), Ethereum (ETH), Bitcoin (BTC), and Sui (SUI). MATIC took the lead in popularity but observed a 24-hour price decline of approximately 4.1%. As a result, MATIC was valued at $0.829698 at the time of the report.
MATIC price (Image Courtesy: CoinGecko)
This altcoin recorded a daily high of $0.865369 but was trading considerably closer to its daily low of $0.822147. Despite the dip in its price, MATIC managed to gain against Bitcoin (BTC) and Ethereum (ETH) by around 0.4% and 0.1% respectively.
The second and third spots in terms of trending coins were seized by CAKE and ETH. Both of these altcoins, much like MATIC, witnessed price slumps over the past 24 hours. At the point of reporting, CAKE was valued at $1.80 following a price decrease of over 5%. Concurrently, ETH was priced around $1,759.15 after witnessing a 4.1% decline over the last day.
The final two positions in the top 5 trending cryptos were held by BTC and SUI. The leading cryptocurrency, BTC, was trading at $26,298.56 at the time, following a 4.5% price drop. This pushed BTC's weekly performance further into negative territory, down by 10%.
The previous 24 hours weren't merciful to SUI either, as the altcoin saw a price dip of more than 9% to trade at $1.04 at the time of the report. Similar to BTC, this adverse price movement pulled the altcoin's weekly performance down even more to a sharp decline of 18.6%.
