Trending cryptocurrencies in the UK’s spotlight

Logos of trending cryptocurrencies displayed over a modern city skyline.
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This week, the global crypto market did not bring optimistic signals as it is struggling to climb above the $3.81 trillion market cap. Bitcoin plunged to $111,540, at the time of reporting, whereas Ethereum stayed at $4,010. Amid the downtrend, multiple coins, including SwissBorg (BORG), Linea (LINEA), and Griffin AI (GAIN) stared at the red charts, showing their price trends. Crypto enthusiasts in the UK have searched for these coins several times, and they are now trending in the region, according to CoinMarketCap.   

SwissBorg (BORG)

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Current price: $0.45
Market cap: $446.5 million
Trading volume: $3.82 million

SwissBorg (BORG) is seriously trading at $0.45 with expectations to reach its previous $0.53 level in 2022. BORG has formed a trading pattern, a bull flag, during September 19-23, that resulted in an upward trend in the following days.  Last week, the coin surpassed the $0.38 resistance and climbed up, wrestling with the current market conditions. If the price of BORG shoots exponentially high, it can cross the next resistance level at $0.65.

Linea (LINEA)

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Current price: $0.02
Market cap: $404.15 million
Trading volume: $854.72 million 

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Being a new coin in the market, Linea does not yet have significant analysis available. Like all other coins on their launch day, Linea also surged high to $0.043. However, the coin dipped to as low as $0.005 on the same day. After this price status, Linea went through frequent ups and downs, currently trading at $0.02. As of now, the coin shows a downtrend that may last for a few more days. Over the past 24 days, Linea has traded down by 13.31%.

Griffin AI (GAIN)

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Current price: $0.03
Market cap: $5.56 million
Trading volume: $134.74 million

Griffin AI is another most-visited trending coin in the UK. It was launched yesterday, but wrecked today after an attacker hacked 5 billion GAIN tokens through a cross-chain exploit. Its price went down steeply by 96% over the last day. The coin recorded a high of $0.26 on launch day. Although its current candle looks green, the future is a bit uncertain. 

The UK crypto market is witnessing heightened interest in SwissBorg, Linea, and Griffin AI, making them three of the top 10 trending coins, according to CoinMarketCap. As the market faces bearish sentiment and major cryptocurrencies are nosediving, these three coins are also following the trend.

Disclaimer:
This article is for informational purposes only and does not constitute financial, investment, or trading advice. Cryptocurrency investments are subject to high market risk. Readers should conduct their own research or consult with a financial advisor before making any investment decisions. The views expressed here do not necessarily reflect those of the publisher.

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