Coins On 7-Day Upward Trend Are El Hippo (HIPP), Luna Classic (LUNC), Ripple (XRP)

In crypto, capitalizing on short-term price movements can make or break any trader or investor. While buying and holding is how many crypto users seek their fortune, keeping an eye on short-term crypto trends as they emerge often proves highly lucrative, whether a coin is trending up or down.

In this article we’ll take a look at three projects that have moved consistently higher over the last week, perhaps offering traders an opportunity to ride the upward wave.

El Hippo (HIPP)

El Hippo is a fairly new meme coin blowing up on social media at the moment. Meme coins live or die based on their social media activity, and El Hippo has a strong fan base creating hippo themed memes on the regular. The project has issued tens of thousands of dollars worth of airdrops in the last few weeks, and is still giving away $700 every two weeks to El Hippo content creators.

The project has over 33,000 Twitter followers and a combined total of around 100,000 on different channels. It’s just beginning to build momentum now after a few months of choppy trading, and the coin is still very cheap at just $0.000000005522 per 1 HIPP and a market cap of $3.95.

The low market cap and consistently rising price and presence on social media make this early stage meme coin an attractive moon shot for would be investors. The project is also working on centralized exchange listings at the moment. As a meme coin with just a few months under its belt, it’s a high-risk investment. However, the low market cap means that the coin could go 1000x and still be worth less than half of the Dogecoin market cap.

There are many parallels between El Hippo and the likes of Dogecoin and Shiba Inu back in the early days of those projects, making El Hippo a project worth some serious attention – if it’s going to blow up, now is the time to do something about it.

Terra Luna Classic (LUNC)

This coin is worth 100 times more than El Hippo, leaving it with less room for upward momentum – however, the latest price action and market catalysts are hard to ignore.

LUNC is the original Terra LUNA coin left from the Terra Luna project which collapsed last year. While the project itself ended in disaster, LUNC has gone on to see very heavy trading activity, with investors far from ready to let go of their holdings. LUNC is a strange call here – the fall from grace for this asset is almost unprecedented, tanking almost 100% from over $87 to just $0.00006669 per LUNC.

However, purely in terms of price action, the coin is showing promise for investors with over $30 million in 24 hour trading volume. A major LUNC burn was also announced last week, making the coin a scarcer asset, and token burns have often, though not always, correlated with upward price momentum.

LUNC price is certainly rising in this week, and with recent media headlines adding even more attention to the project, it could have plenty of climbing left to do.

Ripple (XRP)

This is the biggest project on the list, with a market cap of $36 billion. As such, XRP’s days of going 1000x or even 100x are likely over. However, the project has been the center of a media frenzy surrounding ongoing lawsuits with the SEC. Ripple has secured partial victories in these lawsuits so far, each time resulting in a major price spike in XRP.

XRP is a cryptocurrency by Ripple Labs, facilitating fast, low-cost global transactions. Designed as a bridge currency, it streamlines cross-border payments, particularly for financial institutions. Despite its pre-mined nature, legal scrutiny over its classification as a security remains, impacting its regulatory status and market potential, but this scrutiny has also led to highly anticipated events in the form of lawsuit ruling announcements that often move price.

XRP is a formidable coin on the market, and the upward price trend seen on the 7 day charts may be far from over, although as always, no gains in crypto are guaranteed.

Capturing Crypto Price Trends

There are plenty of digital assets to choose from when it comes to trading, whether it’s in high-growth potential coins with low market caps like El Hippo or more established coins like Ripple’s XRP.

In all cases, investors should take care to do their due diligence and invest in crypto responsibly, never investing more than they can afford to lose.