CoinMarketCap is a great place to get information about top cryptocurrencies and tokens. With how fast crypto markets move, new tokens are always on the rise looking to reach the moon. This article looks at the top 3 trending coins and tokens on CoinMarkteCap for today, December 20th.
1. MetaDoge (METADOGE)
MetaDoge is one of the most successful recent launches of a new meme coin on the Binance Smart Chain. Starting with a market cap of $10,000, MetaDoge currently sits at $9.5 million!
Check out this awesome MetaDoge music video:
Some recent events which catapulted MetaDoge to multi-million dollar valuations are NFT staking, being trackable on Coinbase, top trending coin on CoinMarketCap, along with a complete Certik audit.
MetaDoge’s NFT staking is exceptionally similar to MicroPets‘ Metaverse crypto game. Users can purchase loot boxes for 5 million METADOGE (roughly $795 at the time of writing) and receive different rarity NFTs. The higher the rarity, the higher the APY.
MicroPets is currently valued at $12 million, and MetaDoge has $9.5 million. Since we’re comparing the two projects, METADOGE can still increase in value, especially as more users buy loot boxes and lock up their NFTs.
At the time of writing, MetaDoge is trading at $0.0001584, with a 24-hour trading volume of $560k. You can purchase METADOGE on PancakeSwap and LATOKEN.
2. Clifford Inu (CLIFF)
Clifford Inu is the second-most trending meme coin on CoinMarketCap. As the name suggests, the project is themed after Clifford the Big Red Dog, the children’s show from the 2000s. CLIFF is built on the Ethereum blockchain and features a highly deflationary economy.
Due to the deflationary mechanic, CLIFF will reinvest a percentage of the marketing wallet into yield-bearing assets, with profits generated reintroduced into the project.
What separates Clifford Inu from other projects is CLIFF will look “outwards” when generating funds to support the project. These profit-generating tactics include investing in blue-chip NFTs, stablecoin staking, yield farming, and much more.
At the time of writing, CLIFF is trading at $0.0001002 with a 24-hour trading volume of $13 million. Its fully diluted market cap is $100 million, with a total supply of 1 billion tokens.
You can purchase CLIFF on Uniswap or 0x Protocol
3. Mongoose Coin (MONGOOSE)
Mongoose Coin is the first-ever meme coin named by a US senator. When the team refers to a senator naming their currency, the reference is to the recent speech that Rep. Brad Sherman gave. Check out the video here:
Mr. Sherman says at 2:51:
“Will Mongoose Coin always have a value? I don’t know I just made it up, it’s a joke.”
It seems that the joke has taken a life of itself and turned into a multi-million dollar meme coin.
Due to MONGOOSE’s insanely high total supply of over nine quadrillion, a single coin is trading at $0.000000000000001897 (that’s 14 zeroes). Its 24-hour trading volume is $18 million, with a market cap of $142 million.
You can purchase MONGOOSE on Uniswap or 0x Protocol.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency.
Follow us on Twitter @themerklehash to stay up to date with the latest cryptocurrency news!