Top Trending Coins Today 7th Oct – XRP, TAMA, IMPT, LUNC

cryptonews.com:

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

Investing in the top trending coins can yield impressive results. We've done the research and compiled a list of the top 4 trending coins for the 7th of October. Let's take a look. 

XRP is a blue-chip transactional cryptocurrency. The project's primary goal is to reshape the internal currency conversion and money transfer sectors through the use of blockchain technology. As such, XRP boasts incredibly low fees (a fraction of a cent) and very fast transaction settlement (around 4 seconds). 

Over the past year, the value of XRP has been held underwater as a result of a lawsuit from the U.S. Securities and Exchange Commission. However, the top trending crypto has been enjoying a fair amount of growth recently thanks to a few key victories in the case. While it's difficult to determine when the suit will subside, things are looking bright for XRP. 

In addition to its status as a low-cost transactional cryptocurrency, the 2021 release of the XRP Ledger (XRPL) has allowed applications to be created on the XRP network similar to Ethereum. As the ecosystem developers, demand for XRP will increase potentially boosting price further. 

Tamadoge (TAMA) is a cryptocurrency project on bringing utility to the meme coin sector through the creation of an engaging and highly rewarding P2E game set in a virtual world known as the Tamaverse.

People will be able to purchase Tamadoge NFT pets which can be updated using various items from the in-game store. As a player levels up their pet, they will earn Dogepoints, increasing their leaderboard ranking, and entitling them to a larger share of the rewards