- HYPE and FARTCOIN gain momentum as the altcoin market heats up.
- JTO and ONDO hit breakout targets, and SPX proposes advanced blockchain solutions.
- Litecoin (LTC) rallies after SEC acknowledgment; RAY shows promising support levels.
The altcoin market has come alive, as HYPE, FARTCOIN, and JTO show signs of a strong comeback. With ONDO’s airdrop, SPX testing market benchmarks, LTC’s SEC-fueled surge, and Raydium’s (RAY) support test, the market is full of opportunities.
HYPE Shows Potential, FARTCOIN Joins Meme-Coin Ranks
Front and center is the Hyperliquid blockchain. Its native HYPE token is currently trading within a narrow range, without the dramatic swings seen during periods of high volatility. Market analysts believe this “compression” phase can be a period of building potential energy, fueling optimism for a $100 speculative target.
Meanwhile, FARTCOIN, the latest meme sensation, has risen to 4.45% in 24 hours, now ranking #86 in the crypto rankings. With nearly 1 billion tokens in circulation, meme-driven assets remain a powerful market force.
JTO Eyes Bullish Targets, ONDO Airdrop Makes Waves
Jito, a governance token on the Solana blockchain, is also gaining attention. JTO’s 4-hour chart presents favorable conditions for long positions, targeting $3.224, $3.460, and $3.694.
In other news, RWA tokens like ONDO have risen above FUD after the unlock and are now showing strength. The DeFi token has made history with its largest-ever airdrop, targeting 2 million qualified wallets. With a complete breakout, the asset is set to retest its all-time high.
Related: Altcoins Ready to Explode? Key Indicators Point to a Massive Bull Run
SPX Challenges Market Norms, LTC Rallies on ETF News
Another notable mention is SPX6900, whose centerpiece token SPX continues to challenge traditional market benchmarks by combining reflexivity with resilience.
On the Litecoin front, the SEC’s acknowledgment of Canary’s Spot LTC ETF filing has triggered a rally to $131, breaking resistance at $123, with a target of $151.
Related: CoinShares Aims for Spot XRP & Litecoin ETF Approval in Latest SEC Filing
RAY Tests Key Support Level
Furthermore, Raydium (RAY), after trading between $4 and $6 for 71 days, recently surged to $8.68 before pulling back to $6.42—a level near key support. With the FOMC meeting coming up, increased volatility is anticipated.
With caution being the norm, the resilience and potential shown by these altcoins deserve investors’ close attention.
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