The year 2024 is about to end, and we have stepped into the last month. Since 2013, the average performance of Bitcoin in December has been an increase of 4.95%, with 5 up days and 6 down days.

Since Trump was elected as the new U.S. President, Solana ($SOL), Ripple ($XRP), Dogecoin ($DOGE), and Cardano ($ADA) have become the focus of the market. As we enter the last month of 2024, what should we pay attention to?

Some coins that are about to face significant events, technological upgrades, or important market catalysts may have a huge impact on their coin prices and can serve as reference points.

Hyperliquid ($HYPE) price trend analysis

Hyperliquid is a blockchain that was just launched about a week ago, and its token $HYPE has already become the focus of the market in a very short time. Since its listing, the cumulative increase of $HYPE has exceeded 200%, and it has not yet been listed on major centralized exchanges (CEX). In the past 24 hours, it reached a high of $9.4.

$HYPE currently has a considerable daily trading volume of $250 million, indicating that investors are very optimistic about this emerging project.

Considering its rapid growth momentum, it is predicted that $HYPE may continue to rise in December, and it might even break through the $10 mark, bringing substantial returns to early investors.

Sui ($SUI) price trend analysis

In the past month, Sui ($SUI) has performed impressively, with the coin price accumulating a 75% increase, showing strong market momentum.

This December, Sui ($SUI) will see a token unlock of up to $210 million. While unlocking typically increases market supply and may lead to price fluctuations, Sui has shown a certain level of resilience during past unlock events.

From a technical perspective, Sui is currently quoted at $3.5, having risen above the 20-day and 50-day Exponential Moving Averages (EMA), which is typically seen as a bullish signal.

Under favorable market conditions, Sui is expected to rise to $4.40 in December. However, if faced with heavy selling pressure or unexpected market events, a correction may occur, with a noteworthy support level at $2.38.

Fantom ($FTM) price trend analysis

Fantom ($FTM) may attract significant attention in December, mainly due to the major Sonic upgrade going live on the mainnet, which is expected to enhance transaction speed and efficiency, bringing significant breakthroughs to the Fantom ecosystem. At that time, the original $FTM will also be exchanged 1:1 for $S tokens.

Driven by this positive news, $FTM has risen 60% in the past month, successfully breaking through the $1 mark and is currently quoted at $1.25.

From a technical perspective, $FTM has formed a bullish head-and-shoulders bottom pattern, which is a typical technical pattern indicating a shift from a bearish trend to a bullish trend.

Additionally, based on the performance of the Buy and Sell Pressure Indicator (BBP), the $SUI bulls currently remain dominant.

$FTM may surge to $1.14 in the short term, with the official launch of the Sonic mainnet, and it may even aim for the $2 mark. However, investors still need to closely monitor potential selling pressure.

The last chance for retail investors?

The current crypto market is experiencing an unprecedented bull market. This time, altcoins are performing brighter than ever, from BNB to XRP, Ethereum, and numerous other projects, the entire market is undergoing a profound transformation. Led by Bitcoin, altcoins are taking the baton, starting a surge that belongs to them.

This is not just a reallocation of capital; it is also a reshaping of the crypto market landscape. In the coming years, we will witness the rise of more altcoins, whose technological innovations, market applications, and institutional support will bring unprecedented growth to the crypto market. For us, this is a golden age full of opportunities, and seizing this wave of rampant bull market may become a turning point for wealth. Moreover, this may also be the last crazy bull market for retail investors.