Crypto market sentiment has shifted this week, with a noticeable downturn affecting many altcoins. While we didn't see major pumps for some trending coins, these three are still making noise today—here’s why:
**Hyperliquid (HYPE)**
HYPE has been a strong performer in the past, but today it's seeing a 14.70% drop. This isn't just a simple sell-off—rumors of a North Korean hack have sent shockwaves through the platform, causing a $60 million withdrawal. On-chain data suggests a shift toward bearish sentiment, with HYPE’s price possibly heading to $22.39 unless buying pressure steps in. If the bulls return, however, we might see a rebound to $35.76. Watch this one closely!
**Pudgy Penguins (PENGU)**
Despite being one of the top trending altcoins, Pudgy Penguins isn’t seeing a huge price surge. The token has been hovering around $0.027, with market sentiment hanging in a neutral zone. The Relative Strength Index (RSI) suggests indecision in the market. If buying pressure increases, PENGU could rise to $0.050, but beware—if sellers take control, we might see a dip below $0.020.
**Virtuals Protocol (VIRTUAL)**
VIRTUAL is the only one showing positive movement today! Up by 6.90% in the last 24 hours, VIRTUAL has fought back after finding support at $2.25. The altcoin is currently testing resistance at $2.83—if it breaks through, we could see a rise to $3.32. However, failure to breach this resistance might push the price back down to $2.03.
The market’s been turbulent, but these coins are making their mark. Stay alert—crypto never sleeps!
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