CandleFocus

$DEGEN Becomes Most-Searched Crypto of the Week, $PORTAL Follows Closely

Crypto analytics platform Phoenix has shared the most-searched cryptocurrencies on CryptoRank in the past week, providing insights into the coins that are attracting attention in the DeFi space. The top three searched coins are Degen ($DEGEN), Portal ($PORTAL), and Moo Deng ($MOODENG). However, the price performance of these coins has been mixed, with Degen down 24% and Secret Network ($SCRT) up 131% in the last seven days. This highlights the speculative nature of the market and emphasizes the importance of researching fundamentals rather than relying solely on popularity metrics. The disparity between search rankings and price trends underscores the volatility of the crypto market and the need for caution in investment decisions.

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