In the world of crypto, there has never been a lack of surprises and this week there is no exception. While Bitcoin continues to dominate the headlines, several other tokens are quietly gaining momentum and capturing the attention of traders and investors. In this article, we’ll dive into five altcoins that are bound to rise in the coming days.
LUNC
According to CoinMarketCap data, Terra Classic (LUNC) is trading at a price of $0.000119 at press time and a market cap of $655.13M. Its 24-hour trading volume has increased by 132.86% reaching $95.88M. Over the last seven days, the price went up by 6.49%. With positive market data and the technical indicators hinting at a potential bullish trend, the price could go up to $0.00017992 soon.
LUNA
At the time of publication, the value of Terra (LUNA) increased by 6.17% in the past day, reaching $0.4899. Its market cap has grown to $348.61M supported by a rise in volume of 648.33% to $180.02M. The price of LUNA could surge to $0.8 in the near future fueled by the rise in market data and technical analysis.
INJ
Injective (INJ) is trading at a price of $25.73, with a strong market capitalization of $2.54B. In the last seven days, its value surged by 25.15%, while the trading volume reached $249.25M, an increase of 125.72% in the past 24-hours. This indicates a bullish potential for the coin with INJ breaking the resistance at $35 and possibly surpassing additional resistance levels if the bullish momentum continues.
LTC
Litecoin (LTC) price has increased by 11.21% over the last 7 days, trading at $112.84, with a market cap of $8.5B. Based on technical indicators along with increasing trading volume of $596.1M, there is a possibility of a bullish trend with the LTC reaching $130 and above.
SAND
At the time of writing, The Sandbox (SAND) has a value of $0.6757 and a volume of $502.53M, increased by 82.04%. The coin’s price increased by over 20% in the past seven days and based on the results from various indicators, it is expected to surge past $0.9 or even $1 in the near future.
Conclusion
This week, the crypto market is showcasing remarkable activity with various altcoins poised for significant gains. Coins like LUNC, LUNA, INJ, LTC, and SAND stands out from the crowd with its recent performance and the potential for future growth. Also, it is driven by other factors, including the rise that came following new year trend and the upcoming inauguration of Donald Trump.
The post Top 5 Altcoins That Might Surprise This Week: LUNC, LUNA, INJ, LTC, SAND appeared first on CryptoTale.