The news article is translated below:
The “hot coin” sector is on the rise again, with the market value soaring by 10% in the past 24 hours to nearly $58 billion, while the new Solana token Smog (SMOG) has become the star of the week with a gain of 394%.
The hotcoin industry has had a huge week, with industry giants such as Shiba Inu (SHIB) and Pepe (PEPE) achieving gains of 165% and 161% respectively in the past seven days.
However, the focus has been on the rise of the new Solana token SMOG, which has performed well throughout the cycle and has continued to rise even after the Bitcoin sell-off. It has still gained 31% in the past 24 hours.
SOL token leads the return of the “hot coin” market
Solana’s hype has played a major role in the outbreak of this new crypto season, with Myro (MYRO) becoming the second-best performer with a gain of 2,46% in the past seven days.
Like SMOG, it has also continued to perform well over the past 24 hours, gaining 14%.
The ruler of "hot coins"!
Are you ready to participate in the largest airdrop in history? It will be distributed on Solana.
Join SMOG on Zealy!
Link in profile
pic.twitter.com/vsn4p5cSF4
– SMOG (@SMOGToken)
February 8, 2024
Wen (WEN) ranked sixth with an increase of 153%, while Dogwifhat (WIF) ranked eighth with an increase of 128%.
The recovery of the "hot currency" giant
Several traditional cryptocurrencies also saw impressive gains over the past week, with Pepe (PEPE), Shiba Inu (SHIB), and FLOKI (FLOKI) all making the top ten.
CoinMarketCap somehow overlooked the stellar performance of Sponge (SPONGE), which surged 1,55% in the past seven days to reach a record high of $0.003607 around 6:30 AM EST.
The development team of Sponge is about to launch an upgraded version of the hot coin, called Sponge V2, on multiple first-class exchanges.
Pre-sale update!
ScottyTheAi The first "hot coin" with AI function in 2024
$SCOTTY
$3.7 million raised
We are on track towards the closing of our presale and reaching our goal of $100 million market cap.
Congratulations to all the Scotty dogs who participated in the pre-sale early!
Buy it now:
https://t.co/zRmy4g8hfW
#BITCOIN
…
pic.twitter.com/qsczivfVqn
– Scotty The Ai (@ScottyThe_Ai)
March 8, 2024
The presale market also had a good harvest, with Scotty the AI being the standout performer. In the past seven days, its presale raised over $2.8 million, close to its $4 million fundraising goal, having surpassed the $3 million milestone just 48 hours ago.
Its strong performance was helped by a boom in the hot cryptocurrency sector and the appeal of artificial intelligence, which also performed well over the past week.
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