Get ready for some exciting news from the world of cryptocurrencies! After a bit of a slump, the market is making a comeback with a 3% surge in market capitalization over the last 24 hours.
While Bitcoin is hogging the limelight, some altcoins are also making waves and turning heads. So, let’s dive in and see what’s happening in the world of digital coins.
Reploy (RAI) – The AI Token Taking the World by Storm 🌪
RAI, the AI-based token, is making a splash with a 2% rise in its value over the past 24 hours. After hitting a 25-day low of $3.05 on Wednesday, RAI is now trading at $3.0, with growing demand from buyers.
The token’s Balance of Power (BoP) is currently at 0.44, indicating that buyers are in control and suggesting upward price momentum. If the uptrend continues, RAI’s price could reach $4.22. But, if selloffs resume, RAI’s price could drop to $3.05.
SUI – The Layer-1 Coin Making Headlines 📰
SUI, the layer-1 coin, is another altcoin making waves today. With a 13% surge in its price over the past 24 hours, SUI is making headlines after the announcement that the non-custodial crypto wallet Phantom has officially integrated support for the Sui blockchain.
This news has led to a spike in demand for SUI, reflected by the 82% increase in its trading volume. If demand remains high, SUI’s price could reach its all-time high of $5.35. But, if profit-taking commences, SUI’s price could fall to $3.17.
Ondo (ONDO) – The Tokenized Real-World Asset Platform on the Rise 📈
ONDO, the native token of Ondo Finance, is also making a name for itself with a 13% increase in its value over the past 24 hours. With a rising Relative Strength Index (RSI) on the daily chart, ONDO’s buying pressure is on the rise.
If this trend continues, ONDO’s price could climb to $2.14. But, if the trend reverses, ONDO’s price could drop to $1.23.
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2025-01-30 15:46