It’s not a fantastic weekend for the crypto market as every indicators are down. From the market capitalization to trading volume, and Bitcoin’s market dominance. Traders and investors seem to be taking a break from pushing the market so hard after rate hikes from different central banks.

The US Federal Reserve led the way during the out-gone week by raising rates by 25 basis points. It was a move widely expected by the market. It was followed by the European Central Bank. Rate hikes by the two banks ended weeks of speculation on how heavily the rate hikes will come. The only concern now is whether the banks are at the end of their rate hike cycle.

The Bank of Japan followed up with its loose policy on Friday, although it tightened it a bit. Once the banks’ decisions sink in, investments can begin to sink into other aspects. The crypto market is actually expected to pick up pace in the new week, depending on how sharp investors’ appetites have become.

The trending cryptos on DEXTools are expected to point investors in possible investment directions.

1. Lightning Bot (LIGHT)

Lightning Bot is the first completely deflationary rebase protocol. While running through 156 cycles, every cycle has part of the total supply burned via a burn fee. The burn fees are all dynamic and they will reset as soon as the targeted number of tokens to be burned has been reached. When the target has been reached, the cycle ends with a positive rebase that may be as much as 50% of the burn tokens in the previous cycle.

Lightning’s native token, LIGHT, is integrated into NFT platforms to serve as payment methods. They can also be used to make purchases on Rowket, JutsuSwap, etc. There are equally plans in place for Lightning to start its own NFT marketplace and work to become one of the biggest ones on BSC.

Lightning does not have any negative rebase but it is already fully deflationary. The protocol works through a dynamic burn rate. This burn rate is applied to every buying and selling order. Certain transactions are not taxed in order to make sure the protocol is fully usable. These are transactions that interact with the future ecosystem and those between wallets.

The fee and rebase system work through a dynamic burn rate. The burn rate is going to change but it will be dependent on the total supply traded within the current Lightning cycle. For each million LIGHT tokens traded, the fees will go up by a percentage until it gets to a 12% cap. This will only happen after it has traded 14,000,000 LIGHT tokens though.

As soon as it reaches the cap, it automatically resets to the lowest fee and it triggers the Lightning Rebase. The Rebase increases supply by 50% of what was burned during the last cycle. With this, those who invest early pay the lowest fees possible and they are rewarded for holding the token through a number of cycles. These cycles will be completed early at the start but they will take longer to complete as time goes on.

2. Champignons of Arborethia (CHAMPZ)

The Champignons of Arborethia is an ERC20 token built on Ethereum’s network. It has a current price of $0.002028 while up by 86.83% in the last 24 hours. Its 7-day chart is also impressive as it is up by 146.57%.

This token has a total market supply of 1 billion CHAMPZ. It is traded in pairs on exchanges and it has a 24-hour trading volume of over $479,000. However, not all marketplaces support this token for now.

3. XPro (XPRO)

Scams and inexperienced developers coming up with untested crypto projects have made the ecosystem an unsafe place generally. It is the aim of the developers behind XPro to make sure they show that the crypto space is still safe. Not only safe, but they want to prove that it is also secure and can turn in regular profits for actual crypto holders and investors.

Since Elon Musk rebranded Twitter to X, the developers are ready to push a new narrative with accurate resources. They will also utilize sufficient marketing techniques and community engagement to reach their goals.

Hot Pairs on DEXTools

XPro is also using the opportunity of its launch to call out other XPRO clones. It assures the crypto community that they are safe with this project better than with others.

4. 0xCoco (COCO)

0xCoco is an Ethereum-based token that just launched on Friday. There is currently no information on it as it is a newcomer in the market. Nevertheless, it carries the promise of regular tokens built on Ethereum. It will be easy to work with and interoperable with other ERC20 tokens.

The specific utility of this token will be unveiled as time goes on and as it gains traction in the market. Investors who would like to give absolutely new tokens a try can proceed with it, but with caution.

5. Pepe AI (PepeAI)

Pepe AI is a new innovation of a token capturing the attention of the crypto market. It is one of the projects building on the Pepe franchise and aiming to capitalize on the gains Pepe made.

Pepe AI is, however, not just another token but has a unique twist in that it adds artificial intelligence to its offering. As a matter of fact, it is powered by AI! It is combing the power of memes with AI.

Pepe AI is in a class of its own. At the center of the meme project is a plan to inspire the world. It represents the real power of memes and what it has to bring people together. It also shows the potential of memes and AI tokens to change the world for the better.

The Pepe community can interact with the AI through the platform’s Telegram bot. All they have to type in is “/Pepe {prompt} + enter.”

What Might Be The Next Top Trending Crypto?

Evil Pepe presale is now sold out! The platform has extended warm appreciation and felicitation to all those who participated in the entire process.

Congratulations to the brave souls that made their way into the #EvilPepe presale 🐸

For those of you who did not, he is making his rounds now ☠️ The sinister one will look for the most optimal time next week to launch #evilpepecoin #Presale #Soldout pic.twitter.com/a4UbLZra6H

— Evil Pepe (@evilpepe_token) July 29, 2023

According to information on its Twitter page, Evil Pepe said it will look for the best time to launch next week. The entire market will be eagerly looking forward to this launch for the can dip in. The expectation is that Evil Pepe will try to replicate the progress made by Pepe by shooting more than 7000% within days of its exchange launch.

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Evil Pepe is Pepe’s alter ego that encourages users to go for any project they deem fit, no matter how risky it obviously is for them.

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• Source: https://insidebitcoins.com/news/top-trending-crypto-coins-on-dextools-lightning-bot-champignons-of-arborethia-pepe-ai