{"id":373652,"date":"2024-03-03T08:00:20","date_gmt":"2024-03-03T02:30:20","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=373652"},"modified":"2024-03-02T16:16:51","modified_gmt":"2024-03-02T10:46:51","slug":"top-trending-cryptos-of-the-week-btc-pepe-hook","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/top-trending-cryptos-of-the-week-btc-pepe-hook\/","title":{"rendered":"Top trending cryptos of the week &#8211; BTC, PEPE, HOOK"},"content":{"rendered":"<ul>\n<li><em><span style=\"font-weight: 400;\">PEPE and Bitcoin\u2019s weighted sentiment dropped despite massive price rises.<\/span><\/em><\/li>\n<li style=\"font-weight: 400;\"><em><span style=\"font-weight: 400;\">Both BTC and HOOK\u2019s market indicators suggested a price correction.<\/span><\/em><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The market witnessed quite some volatility as several cryptos displayed commendable performances over the last seven days. <\/span><span style=\"font-weight: 400;\">As per a <\/span><a href=\"https:\/\/twitter.com\/CoinMarketCap\/status\/1763459158010216751?t=XZHNI_N8YcruJT5k28qq6w&amp;s=19\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">tweet<\/span><\/a><span style=\"font-weight: 400;\"> from CoinMarketCap, <\/span><a href=\"http:\/\/ambcrypto.com\/category\/pepe-coin-news\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">PEPE<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"http:\/\/ambcrypto.com\/category\/bitcoin-news\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Bitcoin [BTC],<\/span><\/a><span style=\"font-weight: 400;\"> and <\/span><a href=\"http:\/\/ambcrypto.com\/predictions\/hooked-protocol-price-prediction\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Hooked Protocol [HOOK]<\/span><\/a><span style=\"font-weight: 400;\"> were the top three trending coins of the week. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Since these coins were trending, AMBCrypto took a look at their social metrics.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Our analysis of Santiment\u2019s chart revealed that PEPE\u2019s social volume did rise last week. However, its weighted sentiment dropped sharply, hinting that bearish sentiment around the token increased. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">A similar trend was also noted on BTC\u2019s graph. The coin\u2019s social volume spiked on the 28th of February, but its weighted sentiment dropped, signifying more bearish sentiment.<\/span><\/p>\n<figure id=\"attachment_373653\" aria-describedby=\"caption-attachment-373653\" style=\"width: 2560px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Bitcoin-BTC-15.04.45-02-Mar-2024.png\"><img decoding=\"async\" class=\"wp-image-373653 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Bitcoin-BTC-15.04.45-02-Mar-2024.png\" alt=\"\" width=\"2560\" height=\"867\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Bitcoin-BTC-15.04.45-02-Mar-2024.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Bitcoin-BTC-15.04.45-02-Mar-2024-300x102.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Bitcoin-BTC-15.04.45-02-Mar-2024-1024x347.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Bitcoin-BTC-15.04.45-02-Mar-2024-768x260.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Bitcoin-BTC-15.04.45-02-Mar-2024-1536x520.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Bitcoin-BTC-15.04.45-02-Mar-2024-2048x693.png 2048w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/a><figcaption id=\"caption-attachment-373653\" class=\"wp-caption-text\">Source: Santiment<\/figcaption><\/figure>\n<h4><b>What\u2019s on the price front?<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">The hike in these coins\u2019 social metrics, because of which they trended on CoinMarketCap, can be attributed to their price actions. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">As per the tweet, PEPE\u2019s price surged by more than 144% in the last seven days. At the time of writing, the memecoin was trading at $0.000004393 with a market capitalization of over $1.85 billion. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The coin\u2019s exchange outflow spiked last week, reflecting high buying pressure. Other metrics also looked optimistic for the next week. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">For instance, its MVRV ratio registered an uptick. Additionally, its network growth also remained high, meaning that more new addresses were created to transfer the coin. <\/span><\/p>\n<figure id=\"attachment_373654\" aria-describedby=\"caption-attachment-373654\" style=\"width: 2560px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Pepe-PEPE-15.11.18-02-Mar-2024.png\"><img decoding=\"async\" class=\"wp-image-373654 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Pepe-PEPE-15.11.18-02-Mar-2024.png\" alt=\"\" width=\"2560\" height=\"867\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Pepe-PEPE-15.11.18-02-Mar-2024.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Pepe-PEPE-15.11.18-02-Mar-2024-300x102.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Pepe-PEPE-15.11.18-02-Mar-2024-1024x347.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Pepe-PEPE-15.11.18-02-Mar-2024-768x260.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Pepe-PEPE-15.11.18-02-Mar-2024-1536x520.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Pepe-PEPE-15.11.18-02-Mar-2024-2048x693.png 2048w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/a><figcaption id=\"caption-attachment-373654\" class=\"wp-caption-text\">Source: Santiment<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Though things looked good for PEPE, BTC\u2019s metrics told a different story. During the last week, the king of crypto\u2019s price rallied by over 20%. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">At press time, it was trading at $61,811.45. The coin\u2019s open interest dropped while its price surged. Whenever the metric goes down, it indicates that the possibility of a trend reversal is high. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Additionally, after spiking on the 29th of February, BTC\u2019s Binance funding rate also went down slightly. This meant that derivatives investors were not actively buying the coin.\u00a0<\/span><\/p>\n<figure id=\"attachment_373655\" aria-describedby=\"caption-attachment-373655\" style=\"width: 2560px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Bitcoin-BTC-15.14.03-02-Mar-2024.png\"><img decoding=\"async\" class=\"wp-image-373655 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Bitcoin-BTC-15.14.03-02-Mar-2024.png\" alt=\"\" width=\"2560\" height=\"867\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Bitcoin-BTC-15.14.03-02-Mar-2024.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Bitcoin-BTC-15.14.03-02-Mar-2024-300x102.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Bitcoin-BTC-15.14.03-02-Mar-2024-1024x347.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Bitcoin-BTC-15.14.03-02-Mar-2024-768x260.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Bitcoin-BTC-15.14.03-02-Mar-2024-1536x520.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Bitcoin-BTC-15.14.03-02-Mar-2024-2048x693.png 2048w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/a><figcaption id=\"caption-attachment-373655\" class=\"wp-caption-text\">Source: Santiment<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Market indicators also looked bearish on BTC. Its Relative Strength Index (RSI) was in the overbought zone, suggesting that selling pressure on the coin might increase soon. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Additionally, its Chaikin Money Flow (CMF) also registered a downtick. This indicated that the possibility of BTC\u2019s price going down during the next week is high.\u00a0<\/span><\/p>\n<figure id=\"attachment_373656\" aria-describedby=\"caption-attachment-373656\" style=\"width: 2560px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/BTCUSD_2024-03-02_15-15-42.png\"><img decoding=\"async\" class=\"wp-image-373656 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/BTCUSD_2024-03-02_15-15-42.png\" alt=\"\" width=\"2560\" height=\"1432\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/BTCUSD_2024-03-02_15-15-42.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/BTCUSD_2024-03-02_15-15-42-300x168.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/BTCUSD_2024-03-02_15-15-42-1024x573.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/BTCUSD_2024-03-02_15-15-42-768x430.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/BTCUSD_2024-03-02_15-15-42-1536x859.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/BTCUSD_2024-03-02_15-15-42-2048x1146.png 2048w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/a><figcaption id=\"caption-attachment-373656\" class=\"wp-caption-text\">Source: TradingView<\/figcaption><\/figure>\n<hr \/>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">Read <\/span><a href=\"http:\/\/ambcrypto.com\/predictions\/bitcoin-price-prediction\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Bitcoin\u2019s [BTC] Price Prediction<\/span><\/a><span style=\"font-weight: 400;\"> 2024-25<\/span><\/p>\n<hr \/>\n<p><span style=\"font-weight: 400;\">HOOK\u2019s scenario was also similar to that of BTC, as most indicators remained in sellers\u2019 favor. Its RSI was also in the overbought zone. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Moreover, its price has touched the upper limit of the Bollinger bands, indicating that investors might witness a price correction due to high selling pressure. At press time, HOOK was trading at $1.32 with a market cap of over $169 million.<\/span><\/p>\n<figure id=\"attachment_373658\" aria-describedby=\"caption-attachment-373658\" style=\"width: 2560px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/HOOKUSDT_2024-03-02_15-17-24.png\"><img decoding=\"async\" class=\"wp-image-373658 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/HOOKUSDT_2024-03-02_15-17-24.png\" alt=\"\" width=\"2560\" height=\"1432\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/HOOKUSDT_2024-03-02_15-17-24.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/HOOKUSDT_2024-03-02_15-17-24-300x168.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/HOOKUSDT_2024-03-02_15-17-24-1024x573.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/HOOKUSDT_2024-03-02_15-17-24-768x430.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/HOOKUSDT_2024-03-02_15-17-24-1536x859.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/HOOKUSDT_2024-03-02_15-17-24-2048x1146.png 2048w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/a><figcaption id=\"caption-attachment-373658\" class=\"wp-caption-text\">Source: TradingView<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>A look at how PEPE, BTC, and HOOK became the top trending cryptos of the week.<\/p>\n","protected":false},"author":75,"featured_media":373664,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,66,3,4,20],"tags":[],"class_list":["post-373652","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-new-news","category-news","category-social","category-trading-view"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.5 (Yoast SEO v28.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Top trending cryptos of the week - BTC, PEPE, HOOK - AMBCrypto<\/title>\n<meta name=\"description\" content=\"As per a recent tweet from CoinMarketCap, PEPE, Bitcoin [BTC], and Hooked Protocol [HOOK] were the top three trending coins of the last week.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ambcrypto.com\/top-trending-cryptos-of-the-week-btc-pepe-hook\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Top trending cryptos of the week - BTC, PEPE, HOOK - AMBCrypto\" \/>\n<meta property=\"og:description\" content=\"A look at how PEPE, BTC, and HOOK became the top trending cryptos of the week.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ambcrypto.com\/top-trending-cryptos-of-the-week-btc-pepe-hook\/\" \/>\n<meta property=\"og:site_name\" content=\"AMBCrypto\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/cryptoamb\" \/>\n<meta property=\"article:published_time\" content=\"2024-03-03T02:30:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/PEPE-Bitcoin-HOOK-are-trending.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1792\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Dipayan Mitra\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/DiDipayan\" \/>\n<meta name=\"twitter:site\" content=\"@CryptoAmb\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Dipayan Mitra\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"AnalysisNewsArticle\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/top-trending-cryptos-of-the-week-btc-pepe-hook\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/top-trending-cryptos-of-the-week-btc-pepe-hook\\\/\"},\"author\":{\"name\":\"Dipayan Mitra\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/person\\\/a3c1a47ad2d3e2a023516862993813cd\"},\"headline\":\"Top trending cryptos of the week &#8211; 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