As cryptocurrencies other than Bitcoin (BTC) have grown, the term “altcoins” has gained wider recognition. An altcoin is any cryptocurrency launched after Bitcoin. Initially, many of these currencies were derived from Bitcoin’s open source code as forks. Over time, they have diversified, incorporating unique supply models and enhanced privacy features.
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ABOUT
As of the latest data, Sui’s token price reached $1.94, registering a 4.8% gain over the past week. Other market indicators, such as high liquidity and continued stable performance trends, further prove Sui’s solid position in the market. The coin has shown remarkable resilience over the past month, with a total of 15 trading days achieving price gains (“green” trading days). Notably, Sui’s current trading price is an astonishing 217.12% above its 200-day simple moving average (SMA) of $0.5837. This data not only highlights the positive development trend of Sui, but also reflects the significant increase in the value of its token compared to the initial issuance price.
DOGE
Dogecoin has been in the spotlight lately. Currently, its price is fixed at US$0.151, its daily trading volume is as high as US$4.35 billion, and its market value has reached US$21.33 billion, occupying 0.92% of the market share. Although the price of Dogecoin has experienced a slight decline of 6.85% in the past 24 hours, from a longer-term time perspective, it has shown considerable growth momentum: it has increased by 3.31% in the past week and has increased by 3.31% in the past month. It achieved a significant increase of 34.31%.
In terms of market sentiment, Dogecoin is widely favored, with a fear and greed index of 69, which clearly conveys the market's "greed" sentiment. From a technical perspective, Dogecoin's trading price has exceeded its 200-day simple moving average by 25.60%, which is generally seen as a positive signal for a long-term positive trend.
AVAX
From the perspective of market data, Avalanche's performance is also eye-catching. Currently, its token price is $24.86. Although it has experienced a slight decline of 3.60% in the past 24 hours, its trading volume has achieved a significant increase of 32.62% to $242.71 million. The surge in trading volume undoubtedly reflects the strong interest and high activity of traders in the project.
Additionally, Avalanche’s token price is well above its 200-day simple moving average ($15.75), with the current price trading 57.91% above the average. This data not only highlights the positive market sentiment, but may also indicate a potential uptrend. Trading above the 200-day moving average is often seen as an important signal for a bullish market.
YOURSELF
As the possibility of Trump's election increases, although other Trump concept coins in the market have not risen as strongly as expected, MAGA has shown a steady upward momentum. Currently, MAGA's market capitalization has reached 101M, and has achieved a significant increase of +83% in the last 14 days. This rising momentum mainly comes from the market’s optimistic expectations for Trump’s increased probability of winning the election.
Therefore, for investors who are optimistic about Trump's election prospects, MAGA is undoubtedly a stable option worth considering.
PEOPLE
The reason why Peoplecoin has the potential to rise is mainly due to its meme-like characteristics, full circulation, relatively low market value and political attributes related to the constitution. Currently, the market value of Peoplecoin has reached 386M, and its price volatility has been -7.6% in the past 14 days. It is worth noting that the price fluctuations of Peoplecoin are highly correlated with the timing of the presidential election, which further increases its market attention.
