Top Trending Coins 5 October – LUNC, TAMA, DOGE, SHIB, XRP, IMPT

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With buyer sentiment playing a large role in driving the value of cryptocurrencies, it makes sense that investors would want to find the top trending coins currently available. 

Throughout this article, we take a look at six trending coins for today, October 5th, and discuss which of these exciting projects offer the most value to investors. Let’s get started. 

Luna Classic

Luna Classic (LUNC) was created following the downfall of Do Kwon’s Terra Luna and the UST stablecoin. However, despite being birthed from unfortunate circumstances, Luna Classic has been making headlines recently after increasing in value by around 200% since late August. 

While it’s unlikely that the asset will be able to climb anywhere near the value of Luna prior to the de-pegging of UST and the subsequent Luna crash, it does present an interesting opportunity for investors. With the recent release of the LUNC burn program, tokens are periodically being removed from the supply, increasing scarcity and boosting the token’s price. 

Buy LUNC on eToro

Tamadoge 

Tamadoge (TAMA) is an exciting new play-to-earn meme coin that initially launched as a presale before going absolutely parabolic off the back of a listing on the tier-1 exchange OKX. 

The project allows people to earn crypto rewards by playing a Tamagotchi-style crypto game. In order to improve their leaderboard ranking and earn a larger share of the rewards pool, players can raise NFT-based pets within an expansive Metaverse world known as the Tamaverse. 

Since its initial presale release selling for just $0.01, the token went on to rally to $0.197, before dropping back toward the $0.12 region. Even at its listing price of $0.03, this means TAMA has increased in value by a factor of four in just weeks. It’s worth checking out Tamadoge today on the OKX CEX or for US residents, the OKX DEX. 

Buy TAMA on OKX CEX

Buy TAMA on OKX DEX

IMPT

IMPT is a brand new crypto presale that aims to help companies and individuals to reduce their carbon emissions by tokenizing carbon credits. This concept has proved to be popular with investors as it has raised nearly $600,000 within just two days after its release. 

The project will allow users to purchase NFT-based carbon credits which when redeemed equate to offsetting 1 ton of carbon. Carbon credits can be purchased or earned simply by shopping with a long list of over 10,000 brands. According to the IMPT whitepaper, it plans to release a social media platform for people to display their impact on the environment in the form of IMPT points.

While the project is still in the first phase of its presale, things are looking incredibly bright for IMPT. No other crypto project has the potential to have as positive of an effect on the environment as IMPT, making it well worth checking out. Join the IMPT Telegram group to stay informed regarding the project.

Visit IMPT Presale

Dogecoin

Dogecoin (DOGE) is an incredibly popular dog coin that is commonly regarded as helping to turn the meme coin market into what it is today. Although originally launched as a joke, the token got a large boost after receiving support from Elon Musk in a series of Tweets. 

While Dogecoin initially lacked utility, the project has since built merit as a transactional cryptocurrency. With meme coins being very popular in the cryptocurrency market, and Dogecoin being the king of meme coins, it’s of little surprise that Doge frequently trends. 

Shiba Inu

Shiba Inu (SHIB) is another well-known meme coin that has exploded over the past couple of years. The coin rose to prominence in 2021 alongside Dogecoin and has since firmly remained within the public’s eye. 

Since the release of Shiba, the team has since dreamed up a wide range of use cases and added features to the Shiba Inu ecosystem. The project allows investors to vote on decisions regarding the project and earn rewards by staking SHIB. Recently, the team has recently a mobile crypto card game titled Shiba Eternity. 

XRP

XRP is a transactional cryptocurrency created in 2012 by David Schwartz as a more energy-efficient alternative to Bitcoin. It has been mostly well-received by the crypto community, however, a recent lawsuit from the Securities and Exchange Commission (SEC) has caused a great deal of uncertainty for XRP leading its value to decline. 

While the recent lawsuit has been an issue for XRP, the project has been performing well over the past couple of months as the case is seemingly heading toward a close. With the 2021 release of the XRP Ledger (XRPL) the project is packed with more utility than ever and could explode if it receives a positive verdict during its case. 

Conclusion 

While all of the trending crypto projects we’ve mentioned have been attracting a lot of attention recently and could perform extremely well over the coming months, two projects stood out from the crowd. IMPT is a one-of-a-kind project with a huge amount of intrinsic value and Tamadoge has performed extremely well since its full release and shows no signs of slowing.

Visit IMPT Presale

Buy TAMA on OKX DEX

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