Altcoin Market Heats Up: HYPE, FARTCOIN, and JTO Show Signs of a Strong Comeback

With ONDO’s airdrop, SPX testing market benchmarks, LTC’s SEC-fueled surge, and Raydium’s (RAY) support test, the market is full of opportunities.

The altcoin market has shown signs of recovery, with several tokens posting impressive gains and others presenting potential opportunities.

Hyperliquid blockchain's native token HYPE remained within a narrow trading range, showing a "compression" phase that could lead to a build-up of potential energy. Market analysts noted optimism for a $100 speculative target for HYPE.

Meme-coin enthusiasts witnessed a surge in FARTCOIN, which rose by 4.45% in 24 hours, now ranking #86 in the crypto market. With nearly 1 billion tokens in circulation, meme-driven assets continue to be a powerful force in the market.

Solana blockchain's governance token JTO also gained attention, with its 4-hour chart presenting favorable conditions for long positions, targeting $3.224, $3.460, and $3.694.

In other news, RWA tokens like ONDO showed resilience after the unlock, with the DeFi token making waves with its largest-ever airdrop, targeting 2 million qualified wallets. A complete breakout could see the asset retesting its all-time high.

Another notable mention was SPX6900, whose centerpiece token SPX continued to challenge traditional market benchmarks.

Coin들의 놀라운 반등세…특히 LTC는 ETF 승인 소식에 130달러 돌파

Another notable mention is SPX6900, whose centerpiece token SPX continues to challenge traditional market benchmarks by combining reflexivity with resilience.

On the Litecoin front, the SEC's acknowledgment of Canary's Spot LTC ETF filing triggered a rally to $131, breaking resistance at $123, with a target of $151.

Finally, Raydium (RAY), after trading between $4 and $6 for 71 days, surged to $8.68 before pulling back to $6.42—a level near key support. With the FOMC meeting coming up, increased volatility is anticipated.

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