The crypto market is quiet with minimal activity, but a few altcoins are standing out. SUI, a layer-1 coin, has caught investors' attention as it now supports wrapped Bitcoin on its network. However, SUI's price has dropped by 5% in the past 24 hours and is trading below its 20-day EMA, signaling bearish pressure. If the decline continues, it could plummet further. FARTCOIN, a Solana-based meme coin, has seen a 27% price decline and is trading below its Super Trend indicator, indicating bearish momentum. Its price could fall to $0.16 if selling pressure continues. HYPE, another layer-1 coin, has higher revenue than Ethereum on its Hyperliquid blockchain but its altcoin price remains muted. If market troubles persist, HYPE's price could drop further or rally if there is a rebound.
Content Editor ( beincrypto.com )
- 2025-02-06
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