Cryptocurrency costs held regular on Saturday, Dec. 14 because the latest consolidation continued.
Bitcoin (BTC), the most important cryptocurrency, remained above $101,382 eventually test Saturday because it struggled to retest the all-time excessive of $104,000. VanEck predicts that the coin will rise to $180,000 in 2025.
Completely satisfied Cat (HAPPY), HyperLiquid (HYPE), and Virtuals Protocol (VIRTUAL) had been a number of the best-performing cash on Saturday.
Completely satisfied Cat value rises after Uphold itemizing
HAPPY, which is a fast-growing Solana meme coin, rose by 35%, whereas HYPE and Virtuals jumped by 15% and 10%, respectively. The opposite prime gainers had been tokens like Raydium, Ripple, Fantom, and Flare.
Completely satisfied Cat’s token rally was largely as a result of it was as a result of it was listed by Uphold, one of many greatest crypto exchanges within the business. Altcoins typically rally after being listed by massive exchanges.
The chance, nevertheless, is that the variety of tokens on exchanges has rallied by 14% within the final seven days to over 464.95 million. A rise of tokens in exchanges is usually an indication that buyers are beginning to promote.
Hyperliquid community’s quantity is hovering
Hyperliquid jumped due to its sturdy fundamentals. The amount of perpetual contracts traded in its platfom rose by 33% within the final seven days to $37.62 billion.
This improve introduced its cumulative complete to over $507 billion, a development that may proceed. Its quantity was additionally increased than that of Base, Solana, Ethereum, and Arbitrum, mixed.
Hyperliquid token additionally rose after it was listed in Sandwich, a fast-growing privacy-focused trade.
Virtuals Protocol boasts $2.5 billion market cap
Virtuals Protocol has additionally completed nicely, rising from $0.0074 to $2.61 in the present day, bringing its market cap to over $2.5 billion.
It has additionally turn into one of many greatest gamers within the Base blockchain, helped by the continuing hype surrounding synthetic intelligence brokers.
Virtuals Protocol was created as a platform to deploy AI-powered digital characters on a Layer 2 Ethereum answer.
These AI brokers can function independently and work together inside varied ecosystems.
Trying forward, the efficiency of most altcoins will rely upon how Bitcoin performs within the close to time period. Most of them will proceed rising if Bitcoin retests and crosses its all-time excessive.
As we now have written earlier than, technicals level to a possible rally to $122,000 on this bullish cycle.
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Sourcing information and pictures from crypto.information
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