- 1 LayerZero (ZRO) highlights that the bulls are trying to rise, which formed a wick.
- 2 Super Trump (STRUMP) has formed an interesting pattern.
- 3 With plummeting price action, can ZRO, BIAO, & STRUMP prices display renewed bullish momentum?
The larger crypto market witnessed a lack of volatility. Price charts of most assets like ZRO, BIAO, and STRUMP, was largely devoid of any major moves. In a low-volatility crypto market, this article will take a look at the 3 top cryptocurrencies to watch out for this week.
Most of these assets have been oscillating around key price levels, and it would be interesting to look at where they go from the current price.
![](https://www.thecoinrepublic.com/wp-content/uploads/2024/06/image-281-1024x549.png)
BIAO, ZRO, & STRUMP 1.D. Charts | Source: TradingView
In terms of age, as of June 22nd, Layer Zero (ZRO) is only three days old, BIAOQING (BIAO) is 5 days old, and Super Trump (STRUMP) is 78 days old. Out of all three, ZRO is the youngest asset, and STRUMp is the oldest.
LayerZero (ZRO), a New Player in the Landscape!
LayerZero (ZRO) launched a token that recorded a 29% dip from the peak to bottom in a matter of days. In the last three days, the peak was $3.9, while the low was $2.8.
The recent price action of ZRO highlights that the bulls are trying to rise, which formed a wick. At press time, only a wick had been formed, and the span is too short to predict movements, it’s uncertain. Thus, the price could recover and fall.
![ZRO](https://www.thecoinrepublic.com/wp-content/uploads/2024/06/image-282-1024x548.png)
ZRO 1.D. | Source: TradingView
At press time, the price has traded at $3.03 with an intraday decline of 5.09%. By market cap, it’s under the top 100 list on CoinMarketCap with a total of $756.97 Million. In the past 24 hours trading volume showed $290.559 Million with a 55.95% decline.
According to the massive volume and market cap, it has been trending as number 1 on coinmarketcap.
![ZRO](https://www.thecoinrepublic.com/wp-content/uploads/2024/06/image-283-1024x275.png)
Trending Crypto’s | Source: CoinMarketCap
Despite its Rank, BIAOQING (BIAO) is Trending!
Based on a panda with a human head, Biaoqing is one of Asia’s most famous memes; its popularity in China has grown remarkably. Thus, it has already built a bond or a connection with potent traders, and BIAO has become a widely used meme.
This meme coin that debuted less than two weeks ago, BIAO, has already emerged as a strong player in the cryptocurrency landscape. In the top trending list on CMC, it’s second.
Despite an overall downturn in the market, the candles of June 18th and June 19th showed devastating 500%+ gains. Although it rose from $0.010100 to $0.06220, the price fell more than 50% in a mere 3 days, and at the time of writing, with an intraday dip of -13.19%, BIAO has traded at $0.02665.
![ZRO](https://www.thecoinrepublic.com/wp-content/uploads/2024/06/image-284-1024x547.png)
BIAO 1.D. | Source: TradingView
By market cap, it’s shockingly ranked 2578 with $26.56 Million but ranked 2nd on CMC. In the past 24 hours trading volume showed $6.7 Million with a -10.77% decline.
Super Trump (STRUMP) is Politically Significant and is Trending; What Does it Signify?
For the curious, the 2024 US elections are scheduled for November 5th, 2024, and among the candidates running for president in 2024, Biden and Trump are the biggest names.
![](https://www.thecoinrepublic.com/wp-content/uploads/2024/06/image-285-1024x530.png)
Presidential candidates of 2024 elections | Source: TheNewYorkTimes
The Super Trump memecoin was created to support Donald Trump for the upcoming presidential election; it utilizes blockchain technology and has been garnering people’s interest due to his positive statements regarding cryptocurrencies.
At the time of writing, the Donald Trump-themed meme coin had a market cap of $23.165 Million and was ranked 755th in terms of market cap.
On the daily chart, after a 53-day consolidation, STRUMP broke the range abruptly on May 28th, 2024, and peaked at $0.030846 by June 3rd from a low of $0.004150.
However, the gains were unsustainable and dropped to form a support at $0.011875. From this support, it spiked again but was contained due to a declining trendline. Now, this has led to the formation of an interesting pattern called a descending triangle, and based on sentiment, it looks like bears are dominant, but if favored bulls step in, the tide could flip as well.
So, it would be interesting to watch out for this asset in the coming weeks.
Disclaimer
In this article, the views, and opinions stated by the author, or any people named are for informational purposes only, and they don’t establish the investment, financial, or any other advice. Trading or investing in cryptocurrency assets comes with a risk of financial loss.
![Adarsh](https://www.thecoinrepublic.com/wp-content/uploads/2023/11/Screenshot-2023-11-25-at-7.11.34-AM.png)
Adarsh Singh is a true connoisseur of Defi and Blockchain technologies, who left his job at a “Big 4” multinational finance firm to pursue crypto and NFT trading full-time. He has a strong background in finance, with MBA from a prestigious B-school. He delves deep into these innovative fields, unraveling their intricacies. Uncovering hidden gems, be it coins, tokens or NFTs, is his expertise. NFTs drive deep interest for him, and his creative analysis of NFTs opens up engaging narratives. He strives to bring decentralized digital assets accessible to the masses.