What’s got people on Telegram and X suddenly buzzing about altcoins? In the past 24 hours, several names have suddenly appeared everywhere.
According to Santiment, from obscure but popular meme tokens to stablecoins that are said to offer higher interest rates than savings accounts. Well, that’s the crypto world, there’s always something new to talk about, and sometimes the ones that generate buzz are the most unexpected.
What’s behind the buzz? 6 altcoins trending hard today
Take TROLL, for example. This Solana-based meme token became a hot topic after its price suddenly skyrocketed. But not only that, but it turns out that several major investors have also gotten involved. There are also rumors of a possible listing on Binance, which is further fueling the community frenzy.
On X, memes are circulating. On Telegram, chat volume about TROLL continues to rise. What was initially considered a joke is now starting to be taken seriously.
Then there’s TOWNS Protocol, or more commonly called “towns.” This token is also gaining popularity because it’s appeared on many major exchanges. Coinbase, KuCoin, and even Robinhood are involved.
Promotional campaigns, staking opportunities, and high-leverage futures features have led many traders to jump on the bandwagon. Activity has skyrocketed, and all of this has led to the word “towns” constantly appearing on social media.
Litecoin isn’t far behind either. On Reddit, there’s been much discussion about its role as a complement to Bitcoin and Ethereum. But what caused a stir was the news that MEI Pharma purchased a large amount of Litecoin to build its cash reserves. It was quite surprising, to say the least.
Furthermore, the emergence of the LitVM project as a Layer 2 solution has fueled the community’s enthusiasm. Twitter has been flooded with tweets about LTC.
Meanwhile, Stellar is gaining attention for its collaborations with major financial institutions. PayPal, Franklin Templeton, and DTCC are all said to be involved in various tokenization and cross-border remittance projects.
Fast and low-cost transactions are its main selling point. New projects and behind-the-scenes technological improvements are also making this network even more attractive.
Speaking of digital currencies, USDC is also a hot topic. The reason? Because it can earn around 4.5% interest. For many, it’s far more attractive than a bank deposit.
However, there are still warnings about risks such as fund freezes or the possibility of devaluation relative to the dollar. Despite this, USDC remains popular for use on various DeFi platforms, from lending to swaps.
Finally, the keyword “FTX token” has returned to the radar. Not because of a resurgence, but because of unresolved legal issues.
This time, the bankrupt FTX filed a lawsuit against Binance founder, Changpeng Zhao, for up to $1.8 billion. The issue concerns alleged misuse of customer funds. So, even though FTX has been closed since 2022, the story remains unresolved and continues to be in the spotlight.
Sometimes, it’s not the strongest that grabs the spotlight, but the most talked about. And in the crypto world, that can change from morning to evening.