The world of cryptocurrencies continues to show fascinating dynamics after a week of decline, now several altcoins are demonstrating notable bullish trends. At the time of publication, the price of BTC was quoted at US$41.768,73, up 1,5% in the last 24 hours. The global crypto market capitalization is $1,61 trillion, an increase of 1,22% from the last day.
With Bitcoin's recovery above the US$40 zone, many cryptocurrencies are on the rise, let's dive into the universe of these five cryptocurrencies that are currently on the radar of major investors.
Top 5 trending cryptocurrencies
- Mantle (MNT) Reaches New Heights: The Mantle (MNT) cryptocurrency has been a real standout, reaching a new all-time high and demonstrating a strong uptrend since October 2023. Recently, Mantle broke its previous record, surpassing $0,53. It currently fluctuates between $0,613 and $0,722, with the daily Relative Strength Index (RSI) suggesting robust momentum. Market experts predict a potential rise to $1, based on Elliott Wave theory, which suggests that Mantle is in an upward phase.
- I know I know): The Sei Cryptocurrency (SEI) has been attracting attention in the market, with notable price growth since its launch in August 2023. Currently trading between US$0,572 and US$0,799, Sei shows a solid upward trajectory, supported by robust fundamentals. Continued interest from traders and increasing trading volumes highlight its potential to reach greater milestones.
- Manta Network (MANTA): What’s New in Layer 2 Technology: Despite recent challenges, including a DDoS attack and speculation about the transfer of MANTA tokens, the Manta Network has recovered impressively. With a market capitalization of 3,1 billion dollars and a total value of locked assets of 1,5 billion dollars, Manta Network stands out in the segment of decentralized applications and zero-knowledge proof technology.
- SUI Token: A Rising Star: The SUI token has emerged as a notable growth altcoin, surpassing even Bitcoin in Total Locked Value (TVL). This significant achievement, along with an increase of more than 8% in the last 24 hours and more than 70% in the last month, puts SUI in the spotlight of investors looking for promising opportunities.
- PENDLE Parabolic Rise: PENDLE has been following a parabolic trendline of ascending support since August 2023, recently reaching a new high price of $2,47. Elliott wave theory suggests that PENDLE is in the fifth and final wave of an uptrend, with a potential target of $3,45.
These five cryptocurrencies represent an intriguing mix of opportunities and innovations in the crypto market. Their performances highlight the constant evolution and potential rewards for those who follow the sector closely.