CandleFocus Why These Altcoins Are Trending Today — October 28
2024-10-28
Author: Content Editor
In the cryptocurrency market, KOALA AI (KOKO) has seen a 28% price increase in the last 24 hours due to the hype surrounding the AI+meme coin narrative. However, the altcoin might lose some of its gains in the future, with a potential drop to $0.0000035. Similarly, GOAT has been trending due to speculation that its market cap could reach $1 billion, and its price has increased by 78% in the last seven days. The technical analysis suggests that the price could climb higher, potentially reaching $0.90, but rejection at $0.71 could send it down to $0.48. Sui's current spike in attention is due to its upcoming token unlock, which could impact its supply dynamics. The price has declined by 17% in the last seven days and a further drop to $1.44 is expected, although a reversal and surpasing $2 is possible if there is significant buying pressure.
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