The price of popular HYPE altcoin representing the Hyperliquid ($HYPE) exchange has blown up 10.7% in the last 24 hours to trade at $27.25 as of this writing.
HYPE’s growing popularity is largely down to the fact that it exists on its own proprietary blockchain, which makes it both transparent and highly optimized for performance.
That said, the cryptoverse is brimming with opportunities to buy into altcoins with strong fundamentals, so here are three coins that could follow Hyperliquid with some blistering price rallies this year.
Notcoin: Telegram’s Tap-to-Earn Hype Sensation Surges in Price
Notcoin ($NOT) launched at the beginning of 2024 as a tap-to-earn blockchain game and attracted over 5 million players in its first week.
Its name, $NOT, gives it a playful meme coin character in the sense that its detractors will readily tell you that it is NOT a “proper” coin, but don’t let the irony fool you. This cryptocurrency is currently up 76% in the last 30 days and 10% in the last week to trade at $0.002909.
The name is also a reference to NOT’s home chain, The Open Network, a blockchain that initially began as Telegram Messenger’s proprietary blockchain but spun out after its parent company landed in hot water with the Securities and Exchange Commission. Still, the two entities retain close ties, and the Notcoin game is available to play as an in-app Telegram bot.
According to technical indicators, Notcoin is in a good position to rally up to half a cent from its current price. Its relative-strength index (RSI) is 59 and falling, indicating a sell-off is in swing that could cool off this rally, but recent upward price movements may indicate sentiment has flipped to bullish.
This is supported by a descending wedge figure across Notcoin’s support and resistance lines from November to February.
BTC Bull ($BTCBULL) — Gain Exposure to Bitcoin’s Upside Through Meme Coin Holdings
Why buy Bitcoin outright when you can passively earn it by simply owning a meme coin?
BTC Bull ($BTCBULL) puts a creative spin on the meme coin concept by rewarding holders with Bitcoin whenever BTC reaches specific price milestones, a premise which is attracting a lot of hype right now.
The crypto community quickly embraced the idea. Within minutes of launch, the project had already attracted over $100,000, eventually raising $5.8 million during its first two months.
Now priced at $0.002515 during the presale phase, each successive round features a slight increase in cost — encouraging early adopters to accumulate tokens before prices rise further.
For those interested in yet even more passive income, $BTCBULL offers staking rewards with an impressive annual yield of up to 71% APY — merging the viral appeal of meme coins with dual revenue earning potential.
Keep up with BTC Bull by following their updates on X and Telegram.
LUKSO: A Blockchain-Based Way to Manage Your Social Presence
LUKSO’s LYX token is another altcoin with a lot of hype and some sweltering price upside. LUKSO is a proprietary layer one blockchain built for content creators and social media influencers to unify their socials through a smart profile.
That means it’s a big bet on Web 3, a buzz word among those who believe that blockchain is ushering a new, third iteration of the internet.
Over the last few months, LYX has shared the fate of many other cryptocurrencies. A general decline began in November, following the US elections. This led LYX’s support and resistance lines to form a falling wedge, which is usually a precursor of explosive rallies.
Recently, LYX has moved soberly, advancing 4.4% overnight, 14.3% over the week and 20.4% over the fortnight.
However, news of crypto regulation in the US could very easily drive this token to 10X or 100X from its current level, given its deep ties to the fields of both blockchain and social media.
The post Hyperliquid Price Pumps: Are These 3 Coins About to Follow HYPE? appeared first on Cryptonews.
