The most searched altcoins of the week have been revealed based on data from CoinGecko. MANEKI, a memecoin with a cat theme in the Solana ecosystem, took the top spot. Despite its unique concept, memecoins come with high risks that often result in financial losses for users. MANEKI currently holds a market value of $108 million.
Following MANEKI, OctaSpace (OCTA) secured the second position. This altcoin operates within the Ethereum ecosystem and focuses on artificial intelligence. With a market value of $61 million, OCTA has seen a 15.5% increase in value over the past week.
The complete list of this week's trending altcoins according to CoinGecko includes: 1. MANEKI 2. OctaSpace 3. GME 4. Pepe 5. toncoin 6. Dione 7. Apu Apustaja 8. Solcasino Token 9. Brett 10. Ice Open Network
Recent reports from the USA indicate a cooling inflation rate, leading to a notable rally in the cryptocurrency market dominated by Bitcoin. Bitcoin experienced a 10% increase in value over the past week. While most altcoins showed gains lower than BTC, Solana rose by 20%, Chainlink by 19.9%, PEPE by 15.6%, and ONDO by 25.2%.
Note: This information is not intended as investment advice.
