The crypto market has been in a volatile trend in the past two days, with Bitcoin fluctuating around $68,000 and Ethereum fluctuating around $2,400.
Although the price of Bitcoin has fluctuated greatly in recent days, it has little to do with market purchasing power. It is mainly affected by the expectations and results of the US election.
The rally was initially driven by the "Trump trade," but has lost momentum amid uncertainty over the outcome of the upcoming U.S. presidential election.
These 3 popular altcoins are expected to surge 100 times in the short term!
Grass
The issuance and airdrop of $GRASS token on the evening of October 28th is one of the main reasons why it has become a popular currency in recent days, but its popularity does not come simply from the airdrop activity. The difficulties encountered by users in claiming the airdrop also made it a hot topic in the community.
When it was first listed, the price of $GRASS fell from nearly $1 to a low of around $0.6. As of the time of writing today, $GRASS is quoted at $0.88, with a total market value of $210 million, and the fluctuations are very drastic.
As $GRASS is still in its early stages, it is difficult to accurately predict its future direction.
On
The Sui blockchain has seen a large influx of funds, causing it to rank above many major blockchains.
From a technical perspective, $SUI has recently formed a head and shoulders top pattern, which should theoretically continue the downward trend. However, since $SUI subsequently held the $1.75 support, the head and shoulders top pattern has temporarily failed. Therefore, as long as the bears fail to pull the price back below $1.75, it may climb towards $2.13 next.
GOAT
$GOAT has been on the list of popular altcoins recently. Although its market value has not yet reached $1 billion, it has become one of the popular currencies due to the continuous growth of market interest in the coin.
It is worth noting that the cryptocurrency market has always been volatile, and $GRASS and $GOAT are newly listed or meme-like altcoins with low liquidity and extremely high investment risks. Therefore, when making investment decisions, you should carefully assess the risks and conduct sufficient research and analysis.
