January 2025 Week 1 Biggest Altcoins: FARTCOIN, SPX, ENA
Three altcoins have been in the spotlight this week, with Fartcoin (FARTCOIN), SPX6900 (SPX) and Ethena (ENA) performing well. FARTCOIN is a rising star in the meme coin space, soaring 67% in the past seven days, hitting an all-time high and solidifying its status as the fifth largest meme coin. Solana.
The SPX also hit an all-time high with a market capitalization of $1.22 billion, rising 63% for the week despite a slight drop in trading volume. Meanwhile, Ethena (ENA) gained 37% after releasing its 2025 roadmap.
FARTCOIN
fart coinsOriginally launched on Pump.fun, it currently has a market cap of $1.4 billion and has soared 67% in the past seven days. The coin has been hitting all-time highs in recent weeks, solidifying its position as the fifth-largest meme token. Solana.
Its EMA line remains bullish, indicating the potential for continued upward momentum. If the upward trend continues, fart coins A test of the $1.61 resistance is likely, with a breakout likely to push the price to $1.7 or even $1.8.
However, failure to hold the $1.299 support could lead to a sharp correction that could see the price drop to $0.92 and below the $1 mark.
SPX6900 (SPX)
SPX Hitting an all-time high, the market capitalization reached $1.22 billion, making it among the top 100 largest altcoins. Despite a 27% drop in trading volume over the past 24 hours, the coin has surged 63% over the past seven days, showing strong bullish momentum.
If the uptrend continues, SPX could rise further, testing resistance at $1.40 for the first time, and possibly even $1.50 resistance for the first time. However, if the trend reverses, the SPX may retest the nearest strong support at $0.93.
A break below this level could trigger further declines, pushing the price down to $0.819 or even $0.615.
Athena(ENA)
aesina, a EthereumThe platform based on building synthetic USD has emerged as one of the best-performing altcoins this week, with its price surging 37% in the past seven days.
Announcing 2025 roadmap, including Telegram payment app and TradFi adoption planarousing huge interest from investors.
Market value reaches US$3.77 billion, this It is currently only 19% below its previous all-time high. If the uptrend continues, ENA could break above the $1.32 resistance and get closer to testing its all-time high of $1.50.
However, if momentum weakens, ENA may retest the $1.12 support, which, if it fails to hold, could push the price down to $1.01.
Disclaimer
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