Altcoins Trending Today — December 25: SUN Token Leads
It’s Christmas and the cryptocurrency market cap is up 1.5%. Following this development, the prices of today’s popular altcoins have increased.
This broad-based growth may be attributed to new interest and a surge in liquidity entering the market. Although there are other reasons, the most popular altcoins today are Sun Token (SUN), Tema (TEMA), and ai16z (AI16Z).
Sun Token (SUN)
SUN is the governance token of the decentralized platform SUN platform (Decentralized Finance) developed in TRON Blockchain. The price of SUN has increased by 4.40% in the past 24 hours and is currently trading at $0.023.
This growth, along with rising market interest in it, is why it’s becoming a trend. Previously, the price of SUN fell by nearly 50%. However, the daily chart shows that the bars on the Awesome Oscillator (AO) have changed from red to green, indicating a bearish to bullish shift.
If this trend continues, the coin’s value may rise to $0.034. However, Altcoin Faces The potential pullback is $0.026. Failure to transcend this resistance may invalidate this thesis. In this case, the value could drop to $0.019.
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Tema, one Solana Meme Coinis also part of today’s altcoin trend as its price has increased. However, the coin has performed much better than Sun Token, rising by 24.40% in the past 24 hours.
This price increase brings its value to $0.04. On the 4-hour chart, the price of TEMA increased by so much as buying pressure on the coin increased. The image below also shows good volume levels around it.
If volume continues to rise, then TEMA’s uptrend may intensify. In this case, the altcoin’s price may rise above $0.050 and towards $0.060. However, the drop in trading volume indicates waning interest, which could lead to a drop to $0.034.
AI16Z(AI16Z)
AI16Z is an altcoin developed due to trends The narrative surrounding artificial intelligence agents. Due to this development, the price of the cryptocurrency continues to reach new highs. Today, it has become part of the popular altcoins as its market capitalization is approaching $1 billion.
This rise in the area comes as a result of a 32% rise in the past 24 hours, which saw the price rise to $0.86. From a technical perspective, the Moving Average Convergence Divergence (MACD) is in positive territory, indicating bullish momentum for the cryptocurrency.
If the momentum remains positive, the price of AI16Z could rise above $1. On the other hand, this may not happen if memecoin holders decide to sell in large quantities. Instead, the coin may slip to $0.66.
Disclaimer
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