Why These Altcoins Are Trending Today — February 21

cryptonews.net 21/02/2025 - 18:45 PM

The Cryptocurrency Market

The cryptocurrency market has continued its upward momentum, marking another day of gains as bullish sentiment strengthens across multiple assets.

Trending Assets

KAITO (KAITO)

The newly airdropped token KAITO is trending today, currently trading at $1.78 after a 42% surge in the past 24 hours. The altcoin reached an intraday high of $1.87, with a market capitalization of $458 million. After a slight correction of 6%, about $2.70 billion worth of KAITO tokens has been traded in the last 24 hours. If demand remains strong, KAITO could rally to $2.03; otherwise, it may drop to $1.72.

Sui (SUI)

Layer-1 coin SUI has seen a 5% increase, now trading at $3.51. The positive Balance of Power (BoP) indicator at 0.46 suggests genuine demand is driving this rally. Should this trend continue, SUI could revisit its all-time high of $5.35, but a decrease in demand may pull it down to $3.17.

Virtuals Protocol (VIRTUAL)

VIRTUAL, the token for the Virtuals Protocol platform for AI agents, trades at $1.29 following a 25% rally in the past day. This price spike coincides with a 48% increase in trading volume, reaching $200 million. Continued buying pressure could push VIRTUAL’s price to $3.25, while sell-offs could drive it down to $0.56.




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    Greed and Fear Index

    Note: The data is for reference only.

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    Greed

    63