1. FTX Token (FTT)
The altcoins closely associated with the FTX founder, Sam Bankman-Fried, experienced a significant upswing during this week’s market rally.
They surged despite the recent legal troubles faced by the founder, involving multiple counts of fraud and conspiracy. Referred to as the ‘Sam Coins,’ these digital assets saw notable gains despite the negative sentiment surrounding them throughout the month-long trial.
The FTX Token (FTT) led this resurgence among altcoins. It witnessed a remarkable surge of 200% in a week and a 125% increase in the last 48 hours. Speculation regarding the potential revival of FTX, driven by acquisition interests from companies such as Bullish, is instigating investor optimism.Once the acquisition is confirmed, bulls will likely strengthen their hand and drive FTT hard to become the next cryptocurrency to explode.
But be careful as the price of this crypto project can quickly go up or down (Highly volatile)
2. Celestia (TIA)
In the dynamic world of cryptocurrency, Celestia (TIA) has experienced a significant surge, currently priced at $3.31, with a robust 24-hour trading volume of $383.54 million.
This reflects an impressive 32.25% price increase in the last 48 hours and a 33.35% uptick over the past 7 days. With a circulating supply of 140 million TIA tokens, Celestia boasts a market cap of $472.32 million.TIA price chart
Exploring its price history, Celestia reached its all-time high of $3.78 on November 11, 2023. Despite the current price being 6.85% lower than this peak, the overall trajectory suggests a robust performance. The all-time low for Celestia stands at $2.08, recorded on October 31, 2023, reflecting a commendable 69.11% increase from this low point.Considering the potential growth, the fully diluted valuation (FDV) of Celestia (TIA) is estimated at $3.35 billion.
This figure represents the maximum market cap, assuming 1 billion TIA tokens are circulating today. The realization of this FDV may take multiple years, contingent on the emission schedule of TIA tokens.Compared to its peers, Celestia has demonstrated a remarkable 33.30% price increase in the last 7 days, outperforming the global cryptocurrency market, which has seen a 7.00% increase.
The current market sentiment is predominantly bullish, with over 80% of users expressing positive sentiments about Celestia (TIA) today. The cryptocurrency’s compelling performance and community support position it as the next cryptocurrency to explode.
3. Cronos (CRO)
In the current landscape of cryptocurrency, Cronos (CRO) has showcased remarkable performance, currently priced at $0.103926, accompanied by a robust 24-hour trading volume of $105.51 million. This reflects an impressive 23.31% price increase in the last 24 hours and a significant 55.91% surge over the past 7 days. With a circulating supply of 26 billion CRO tokens, Cronos boasts a market cap of $2.76 billion.
Reviewing its price history, Cronos achieved its all-time high of $0.965407 on November 24, 2021, almost two years ago. Despite the current price being 88.99% lower than this historical peak, recent trends indicate a notable resurgence.
The all-time low for Cronos was recorded at $0.01211960 on February 08, 2019, nearly five years ago. The current price reflects an impressive 776.82% increase from this historical low.
The fully diluted valuation (FDV) of Cronos (CRO) is estimated at $3.14 billion. This figure represents the maximum market cap, assuming the maximum number of 30 billion CRO tokens are in circulation today. The realization of this FDV may take multiple years, contingent on the emission schedule of CRO tokens.
In comparison to its peers, Cronos has exhibited a remarkable 55.90% price increase in the last 7 days, outperforming both the global cryptocurrency market, which has seen a 7.00% increase, and similar Layer 1 (L1) cryptocurrencies, which have experienced an 8.30% rise. The prevailing market sentiment is overwhelmingly bullish, with over 95% of users expressing positive sentiments about Cronos (CRO) today.
The cryptocurrency’s robust performance and strong community support position it as a notable player in crypto and the next cryptocurrency to explode.
Note:
The opinions in this article is for educational purposes and not a Financial Advise.
Always do a diligent research before you invest or trade any cryptocurrency as predictions are not always 100% accurate.
