The cryptocurrency market continues to showcase remarkable movements in altcoins like JEFF and HUMAN Protocol (HMT), which have recorded triple-digit gains, while major cryptocurrencies such as Ethereum (ETH) remain relatively stable.
Ethereum Struggles to Break $3,700
Ethereum briefly reclaimed the $3,700 level yesterday with a 3.5% price increase but has since retreated to $3,692 at press time, according to CoinGecko.
Despite Ethereum’s slower momentum, its long-term outlook remains strong, with analysts expecting significant movement as altcoin interest grows.
JEFF Token Gains 280% in 24 Hours
JEFF, a meme coin created to honor Jeff, the founder of HyperliquidX, has surged 280% in the last 24 hours.
- Market Cap: Reached $52.3 million.
- Seven-Day Growth: Over 1,200%, fueled by the success of the HYPE token airdrop, which garnered praise for fair distribution without VC allocations.
JEFF has trended heavily in crypto circles, driven by its unique narrative and the recent popularity of meme coins in the market.
HUMAN Protocol (HMT) Surges 150%
HMT, the native token of the HUMAN Protocol, has experienced a meteoric rise:
- 24-Hour Surge: From $0.03966 to a peak of $0.1167 before stabilizing.
- Seven-Day Growth: Over 450%.
- Market Cap: Currently stands at $72 million.
The release of the new HUMAN App 2.0, featuring improved performance, identity verification, and a redesigned user interface, has fueled the token’s recent rally.
Empyreal (EMP) Joins Top Gainers
Ranking third among the top performers, Empyreal (EMP) has gained:
- 24-Hour Growth: 86%.
- 30-Day Growth: Over 310%.
The price surge is attributed to the launch of SIMMI, the first token in the Simulacrum ecosystem, which introduces AI-driven capabilities.
Altcoins Dominate Amid Bitcoin and Ethereum Stability
With Bitcoin and Ethereum showing limited action over the past day, investors have shifted focus to high-growth altcoins.
- The altcoin season sentiment continues to build, drawing attention to innovative projects and meme coins with unique narratives.
- Analysts suggest this trend may persist as investors seek higher returns in smaller-cap projects.
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