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3 Newly Listed Altcoins in Popularity as the Market Slides

As the market declines, 3 newly listed altcoins gaining popularity have attracted investors' attention. For more information on this topic, please visit CDS.

3 Newly Listed Altcoins in Popularity as the Market Slides
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3 Newly Listed Altcoins Every Trader Is Watching Right Now

As the market continues to decline, astute traders are focusing on recently listed altcoins that exhibit significant upside momentum potential. On prominent exchanges, tokens such as Avantis (AVNT), Popcat (POPCAT), and Troll (TROLL) have rapidly gained popularity and drawn interest from both institutional and individual investors. Significant trading volumes are being produced by these new listings, giving investors additional chances to diversify, profit from short-term volatility, and set themselves up for long-term success.

AVNT Gains Momentum With Triple Exchange Listing and Rising Demand

AVNT Gains Momentum With Triple Exchange Listing and Rising Demand

In September, Avantis (AVNT), the governance and utility token of the perps DEX Avantis, was concurrently listed on Bithumb, Upbit, and Binance. Thus, AVNT had plenty of liquidity, with daily trading volume regularly surpassing $1 billion. According to Nansen data, AVNT’s exchange reserves decreased from over 106 million to almost 104 million in the final week of September, a decline of more than 5.4%. When AVNT’s price dropped in late September, many traders saw it as a chance to buy and build up.

Popcat Drops 30% but Whales Are Accumulating

Popcat Drops 30% but Whales Are Accumulating

In April, the Solana meme coin Popcat (POPCAT) made its debut on Binance Alpha. Bithumb listed the coin in September as well, which increased hopes that Binance will offer it soon. After falling more than 30% in September, the token fell to $0.21, its lowest level since April, despite listing news. Data indicates that POPCAT’s exchange reserves decreased 4.9% last week, from over 485 million to slightly over 456 million, notwithstanding the decline. Top whale wallets saw a 5.8% increase in holdings during the same time frame. Given that investors bought the dip, this points to accumulation.

TROLL Meme Coin Gains Traction as Coinbase Listing Boosts Liquidity

TROLL Meme Coin Gains Traction as Coinbase Listing Boosts Liquidity

Coinbase announced this week that TROLL would be listed, increasing liquidity and opening the meme coin to U.S. investors. CoinMarketCap stated that Coinbase was responsible for about 24% of TROLL’s daily trading volume following the listing. TROLL is part of the Binance Alpha program as well. Investor optimism that Binance will soon include TROLL in its spot listings has been bolstered by Coinbase’s inclusion. According to Nansen data, top whale wallets had a 3.4% gain in holdings this week, while TROLL’s exchange reserves saw an 18.8% decline. As investors wait for the next catalyst, on-chain movements indicate active accumulation.

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3 Newly Listed Altcoins in Popularity as the Market Slides
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