Altcoins are attracting investor attention again, showing significant price changes after Bitcoin's recent rise and major Wall Street company earnings.
Thena (THE)
The price of Thena (THE) surged by 46.29% to $0.4608. Key factors for this rise include strong community engagement and significant protocol upgrades. The launch of the Italian Telegram community increased retail investor interest, while the major V3.3 upgrade enhanced its DeFi utility on the BNB Chain.
Pump.fun (PUMP)
The price of PUMP fell by 15.59% to $0.005553. Despite recent major listings on platforms like Bybit and Coinbase, PUMP faced a correction likely due to profit-taking after a significant surge caused by DWF Labs acquiring 2.5 billion PUMP tokens.
CROSS and BONK
CROSS (CROSS) rose by 44.75% to $0.2110 due to listings on Binance and KuCoin. Meanwhile, BONK (BONK) increased by 9.09% to $0.00002893, benefiting from strong demand for its ecosystem and anticipation of a token burn.
Despite the volatility in the crypto market, it appears that investors are still inclined to reward tokens with strong communities and viable economies. The market remains unstable; however, interest is rising for projects with successful upgrades and listings.
