All articles tagged with #altcoin
FTX is set to distribute $1.6 billion to creditors on September 30th, slightly less than initially promised, which could potentially boost altcoin markets amid high optimism, although the impact depends on how much funds re-enter the crypto space. Meanwhile, Sam Bankman-Fried plans to appeal his conviction, adding to the ongoing developments in the crypto world.
Altcoin liquidations have surpassed Bitcoin on Binance in 2025, indicating increased speculative activity and potential signs of an upcoming altseason, though market confirmation is still pending as indicators remain mixed.
An analyst predicts XRP is poised to reach new all-time highs in the coming weeks, citing its strong chart performance and potential tailwinds from Ripple's regulatory efforts. The broader altcoin market may see a shift from large-cap to mid-cap coins, which are showing promising structural charts.
As Q3 begins, XRP shows potential for a comeback and could challenge Ethereum's dominance, with both cryptocurrencies experiencing elevated funding rates and bullish futures market sentiment, though the true driver of recent rallies—spot demand or capital rotation—remains uncertain.
Sky crypto has surged 11% in 24 hours, reaching $0.0788, with a bullish short-term momentum but facing key resistance at $0.086. While the recent rally indicates strong demand, investors should watch for potential retracements and resistance levels before confirming a sustained uptrend.
A popular crypto analyst, known as Sherpa, predicts that XRP, which has surged over 400% in a month, could reach a new all-time high. Currently trading at $2.65, XRP is still 23% below its peak of $3.40. Sherpa also highlights the potential of AI-related coins within the Solana ecosystem, such as Goatseus Maximus, The AI Prophecy, and Zerebro, which have seen significant gains recently. He suggests these assets offer a promising blend of speculation and technology.
Glassnode co-founders Jan Happel and Yann Allemann suggest that Bitcoin may have bottomed out after a correction, as long-term holders have sold less aggressively compared to earlier in the year. They also express optimism about the AI-based crypto project, Artificial Superintelligence Alliance (FET), which they believe is poised for a rally due to its strong fundamentals, neutral RSI, and accumulation phase. FET is currently trading at $1.62, up 8.1% in the last 24 hours.
Crypto analyst Ali Martinez predicts significant price surges for Dogecoin (DOGE) and Ethereum-based altcoin Optimism (OP). Martinez suggests DOGE could rise to $2.40 or even $18, representing potential gains of 526% to 6,000% from its current price of $0.383. For OP, Martinez forecasts a rally to $7.20, a 340% increase from its current value of $1.68, based on historical patterns and technical analysis.
Shiba Inu (SHIB), a dog-themed cryptocurrency, has experienced a significant price surge, rising nearly 70% over the past week and 50% in the last 24 hours. This increase has pushed SHIB to a critical price level of $0.0000271, sparking speculation that it could "erase a zero" from its value by reaching $0.0001. The broader bullish sentiment in the cryptocurrency market, driven by Bitcoin's rise above $80,000, has contributed to SHIB's gains, making it one of the top 10 cryptocurrencies by market capitalization.
A prominent cryptocurrency trader, Bluntz, warns that the Solana-based memecoin Moo Deng (MOODENG), which surged over 2,000% in two months, may face a bearish reversal due to its parabolic rise. Using Elliott Wave theory, Bluntz suggests that MOODENG needs a significant correction before potentially rallying again. Additionally, Bluntz predicts that the memecoin Pepe (PEPE) might outperform the Solana-based dogwifhat (PEPE/WIF) after completing an ABC correction.
Victoria VR, a virtual reality metaverse altcoin, experienced a 24% surge after teasing an upcoming app release on the new Apple Vision Pro headset. The blockchain-based metaverse, powered by Unreal Engine, offers a massively multiplayer online role-playing game (MMORPG) with realistic graphics, a digital real estate marketplace, and NFT trading. Despite the surge, the token remains significantly down from its all-time high set in December 2021.
Bitcoin experienced a short squeeze, spiking nearly 3% to $35,500, while altcoins like solana saw gains, leading to a widening crypto rally that lifted the total cryptocurrency market cap to $1.3 trillion, its highest since May 2022. Analysts recommend aggressive accumulation of bitcoin in November, as capital rotation into altcoins creates a "mini altcoin season." The increasing risk-on sentiment in traditional markets also supported the digital asset space.
Pepe Coin (PEPE) has become the second-most traded meme token in the world, with a 24-hour trading volume of $212 million. Despite a recent drop in price, PEPE's high trading volume suggests that it may see further rallies in the future, particularly if it gains more exchange listings. However, some traders may prefer to look at newer meme tokens like SpongeBob (SPONGE), which has enjoyed gains of over 2,000% since listing on Uniswap on May 4 and has recently celebrated listings on several exchanges. SPONGE has a smaller supply than many other meme coins and could potentially rise to $0.0006 and $0.0007 in the next few weeks with more exchange listings.