CandleFocus HYPE, Horizen, IMX: Top cryptocurrencies to watch this week
2024-12-22
Author: Content Editor
The crypto industry is expected to experience lower volumes during the holiday season. However, there are several cryptocurrencies worth watching this week. Hyperliquid (HYPE) has surged to a record high, driven by its strong market share in the decentralized perpetual trading industry. The price of Horizen (ZEN) has been soaring due to the launch of a Horizen Trust by Grayscale and its listing on Gains Network. Immutable X (IMX) has experienced a reversal in price and is approaching a support level ahead of a token unlock event. Other upcoming token unlocks include Ethena (ENA), Cardano (ADA), Optimism (OP), and Sui (SUI).
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