Regardless of a wider correction within the crypto market, some altcoins are surging this week, with SPX, WBT, and HYPE main the cost amongst high gainers. SPX has jumped over 100% prior to now 30 days, solidifying its function as a serious meme coin.
WhiteBIT Token (WBT) hit a brand new all-time excessive above $38, displaying sturdy momentum regardless of a broader market pullback. In the meantime, HYPE continues to dominate the perpetuals market, buying and selling close to document highs as its market cap pushes it into the crypto high 10.
SPX6900 (SPX)
SPX has been one of many standout performers amongst meme cash over the previous month, with its value hovering almost 102% within the final 30 days and one other 28% simply prior to now week.
With a market cap of $1.34 billion and a 24-hour buying and selling quantity of $138 million, SPX has firmly established itself as a serious participant within the meme coin sector.
From a technical perspective, SPX’s EMA traces stay bullish, with short-term averages nonetheless above long-term ones—though the hole between them is beginning to slim.
This means some weakening in upward momentum, making the assist stage at $1.22 a key zone to look at. If that stage breaks, value might retrace additional towards $0.99 and probably $0.90.
Nevertheless, if bullish sentiment holds and quantity picks up, SPX might retest and probably break its resistance at $1.74, opening the door for an additional leg increased.
Whitebit Coin (WBT)
WhiteBIT Coin (WBT) defied the broader market downturn to set a brand new all-time excessive above $38, making it the top-performing coin of the day.
With a 13% achieve within the final 24 hours and almost 23.5% over the previous week, WBT has proven notable resilience and robust investor curiosity regardless of total market weak point.
Trying forward, if bullish strain continues and market circumstances stabilize, WBT might goal the psychological ranges at $40 and probably $45.
Nevertheless, short-term warning stays warranted, as the closest assist at $32.22 can be key to sustaining the present uptrend. A break under that stage might set off additional draw back towards $30.86.
Hyperliquid (HYPE)
Hyperliquid’s native token, HYPE, has been buying and selling close to all-time highs over the previous a number of days, at present hovering round $40 after briefly touching ranges near $44.
The token is up almost 64% over the previous 30 days, putting it among the many high 10 cryptocurrencies by market cap when excluding stablecoins and wrapped property. This surge displays Hyperliquid’s dominance within the perpetuals buying and selling area, with the protocol now capturing 76.9% market share—up from 63.7% in December 2024.
From a technical standpoint, HYPE nonetheless exhibits sturdy bullish momentum, supported by its latest itemizing on Binance US and ongoing hypothesis round a possible Binance itemizing.
If the rally continues, the token might quickly break above the $45 mark. Nevertheless, if value begins to chill and the $38.2 assist stage is misplaced, a drop towards $32.63 turns into extra probably.
Disclaimer
In step with the Belief Mission pointers, this value evaluation article is for informational functions solely and shouldn’t be thought-about monetary or funding recommendation. BeInCrypto is dedicated to correct, unbiased reporting, however market circumstances are topic to alter with out discover. All the time conduct your individual analysis and seek the advice of with knowledgeable earlier than making any monetary selections. Please notice that our Phrases and Circumstances, Privateness Coverage, and Disclaimers have been up to date.