The article discusses three altcoins that are currently trending in the cryptocurrency market. The first altcoin mentioned is Hyperliquid (HYPE), which recently had its Token Generation Event (TGE) and airdropped tokens to early users. There is speculation that HYPE might soon be listed on tier-1 and tier-2 exchanges, potentially increasing its trading volume and price. The second altcoin discussed is Virtuals Protocol (VIRTUAL), which operates on the Base network and focuses on AI and the Metaverse narrative. VIRTUAL's price has increased by 50% in the last 24 hours, and there is bullish momentum indicated on the daily chart. However, if the hype around Metaverse tokens subsides, the price could drop. The third altcoin mentioned is Vector Smart Gas (VSG), built on Ethereum. VSG saw a 13.50% decrease in price in the last 24 hours, potentially due to rising selling pressure. The article suggests that VSG's price might drop further or bounce back depending on buying pressure.
- Content Editor ( beincrypto.com )
- 2024-11-29
Why These Altcoins Are Trending Today — November 29