In the current cryptocurrency market, there are some tokens that have shown impressive potential. Among them, Sui has experienced amazing growth in the past month, with an increase of 123.55%, becoming a leader in the market. At the same time, the price of AAVE has also risen sharply, climbing to around $146.
1.（ON）
Sui (SUI) has performed exceptionally well over the past month, with an increase of 127.55%. The token’s price has risen from $0.742 in early September to $2 in October, approaching its all-time high of $2.18. This upward trend has made SUI stand out in the cryptocurrency market.
Analysts believe that this rise in SUI may be closely related to the growing popularity of meme coins on the Sui blockchain. As the meme coin sector on Sui continues to grow, its total market value has reached $256.3 million, which has strongly promoted the widespread success of the token.
Currently, SUI is trading at $2.09, with an intraday gain of 13.65%. The Sui platform itself emphasizes global adoption and is built with scalability and security in mind, primarily for developers. Its main goal is to simplify the user experience by removing common barriers that people face when interacting with blockchain technology.
2.（Popcat）
Popcat (SOL) has been attracting increasing attention recently, mainly due to its integration with the Solana blockchain. It fully utilizes Solana's infrastructure, allowing the token to benefit from fast and cost-effective transactions, which is a key feature for any project aiming to build momentum within the crypto community.
At press time, Popcat (SOL) is valued at $1.29, reflecting a 28% price increase over the past 24 hours. The rapid price movement coincides with an uptick in trading volume, which surged 26.97% to $188 million over the same period. These factors have combined to grow its influence, with Popcat currently ranked 55th on CoinMarketCap with a market cap of over $1 billion.
Over the past month, Popcat has doubled in value, showing strong bullish momentum. Over the past day, the token’s price has increased by 22.43%, reflecting sustained demand. In addition, its market liquidity remains strong, supported by a relatively high market capitalization.
Popcat is currently trading near its all-time high, further adding to investor optimism. Sentiment around the token remains bullish, supported by indicators such as the Fear & Greed Index, which is currently at 50 (Neutral). Over the past 30 days, Popcat has experienced 20 “up” days, with 67% of those days seeing positive price movement.
3.（HBAR）
Hedera is a decentralized public ledger system that strives to overcome some of the major challenges facing traditional blockchain technology. By leveraging its unique design, Hedera aims to provide a more efficient platform for a variety of applications.
As of now, Hedera is trading at $0.059, up 5.30% on the day. The price has gradually increased from about $0.059 to $0.061, indicating positive market sentiment. Looking at the price chart, the stock has generally performed well, especially in the later trading sessions of the day.
The subsequent rise and stabilization showed bullish sentiment among investors. However, the price may face resistance near $0.059 in the short term. Various factors, including market sentiment and external news, can influence this upward trend.
Looking at long-term performance, Hedera has a monthly growth rate of 15.55%. In the past 30 days, 18 days have seen positive price growth, which is equivalent to about 60% of the month. The token's presence on major trading platforms such as KuCoin helps to increase its accessibility and potential for further growth.
4.（Ghost）
Aave is a decentralized finance protocol that allows users to lend and borrow cryptocurrencies. It enables individuals to earn interest by providing digital assets to borrowers, while also allowing borrowers to obtain liquidity without the intermediary of traditional banks.
Over the past year, the AAVE token has seen a 127% increase in price. The token is currently trading above its 200-day simple moving average, which generally indicates a positive long-term trend. Over the past month, AAVE has experienced 15 days of price gains, a relatively balanced performance.
Additionally, its market capitalization helps improve liquidity, making it easier for traders to buy and sell assets. Studying the price action from October 4 to October 8 reveals several trends. Initially, on October 4, AAVE's price surged from around $142 to around $146. This surge indicated strong buying interest, likely driven by positive sentiment.
At press time, the token is trading at $146, up 2.38% intraday. This growth indicates a renewed interest in AAVE, which may be driven by favorable market developments. The recent consolidation suggests that the price may be stabilizing, perhaps signaling the potential for continued growth.
Conclusion:
Several altcoins such as Sui (SUI), Popcat (POPCAT), and Bittensor (TAO) have emerged as top performers, showing strong potential for short-term gains. Investors are becoming increasingly optimistic about their prospects and are actively seeking top cryptocurrencies to buy now to bolster their portfolios. This analysis will examine these altcoins and provide insights into their current momentum.
