$BTC $ETH $XRP
{spot}(XRPUSDT)
Top 3 volatile cryptocurrencies today
According to CoinCodex, these three currencies are at the top today in terms of volatility:
Rank Currency Daily/Weekly Volatility Notes
1- Pump.fun (PUMP) Volatility ≈ 38-39% This currency is experiencing very sharp price movements, most of which are due to speculative actions, high trading volume, and possibly media hype or rumors.
2- Aethir (ATH) Volatility ≈ 29-30% An emerging or less-known currency, making it prone to significant changes from any news or slight shift in sentiment.
3- Worldcoin (WLD) Volatility ≈ 29-30% Being a project with strong media support, announcements and updates affect it quickly, and it also relies on future vision which increases sensitivity to news.
Why are these currencies so volatile?
Small or medium market cap: Smaller or newer currencies tend to be less stable due to lower trading volume, meaning any new demand or supply causes a relatively large change in price.
News and expectations: There are often news related to these currencies (technical progress, partnerships, updates, or even rumors) that impact them quickly.
High speculation: Traders and followers tend to take risks with high-volatility currencies to achieve large profits quickly, generating strong back-and-forth movement.
Psychological factor/social media: Such as the frenzy on Twitter, Reddit, or Telegram/Discord groups, heavily impacts lesser-known currencies.