Today, the cryptocurrency markets are showing different movements for some prominent coins:
Currencies expected to rise:
1. AAVE Coin: Saw a massive 8.02% surge today, supported by a wave of interest in the decentralized lending (DeFi) sector【21】.
2. FET Coin: It has received support due to the increasing investment in artificial intelligence projects, as it receives great interest in collaborations with other projects in the sector【17】.
3. SUI Coin: Shows strong upside potential as it stabilizes at good support points, and is expected to break previous highs if the market stabilizes【17】.
Currencies that are falling:
1. Dogecoin (DOGE): It recorded a decrease of 6.04%, due to weak investment support compared to other currencies【20】.
2. NEAR Protocol: Down 1.18%, indicating selling from investors in this project【21】.
3. POL (formerly Polygon): Down 1.19% due to market pressure and weak overall momentum of the project【21】.
General notes:
The cryptocurrency market is affected by expectations of a US interest rate cut, which may lead to increased investment flows in the near future【19】.
It is advisable to focus on coins with strong projects and institutional support to ensure reduced risks.
For more details, you can refer to sources such as BeInCrypto, OKX and TradingView.
