Bitcoin (BTC) Reignites Altcoin Market as ADA, DOGE, SOL, and MTAUR Surge

Bitcoin's recent surge to a record 94,002.87 USDT has reignited interest in the cryptocurrency market. The move reflects a 6.79% rally over the past week and a 34.63% rise in the last 30 days.

Bitcoin’s recent surge to a record 94,002.87 USDT has sparked a wave of enthusiasm in the cryptocurrency market. The move marks a 6.79% rally over the past week and a 34.63% rise in the last 30 days.

As the market eagerly anticipates Bitcoin’s potential to cross the 100K USDT threshold, several other key cryptocurrencies are gaining momentum, including MTAUR, DOGE, ADA, and SOL.

Cardano Shows Strength Amid Whale Accumulation

Cardano is on a recovery mission, having risen 144% in the last 15 days to trade at 0.793 USDT. This surge has coincided with a sharp increase in transaction volume, which has gone up by 38.7% in the last one day. According to IntoTheBlock data, large ADA transactions have spiked 297% in the last two weeks, amounting to 22.56 billion USDT.

Source: X

Institutional buyers have been buying ADA at record pace. Those holding more than $10 million in ADA have added 145.72% of ADA to their purses within the last 30 days and now have 12.11 billion USDT worth of ADA.

Concurrently, the number of mid-tier wallets having a balance between $1 million to $10 million has risen by 82.97%, indicating holders’ confidence in the token in the long term. A move above 1 USDT could pave the way for more price rally.

Dogecoin Momentum With Rising Market Interest

Dogecoins, the meme coin that has been around for quite some time, has been in the background of the general crypto boom. At the time of writing, the token is priced above 0.39 USDT and the social metrics and transaction volume have been steadily rising. As seen from the chart, DOGE has always performed well during periods of market rise, and the current trend is showing that there is renewed interest from both small and big buyers.

Concurrently, whale transactions of DOGE have been on the rise, as suggested by on-chain data from Santiment.

https://twitter.com/JavonTM1/status/1858631202367742233

This means that DOGE buyers are preparing for a price action as the market sentiment continues to improve. Key levels of interest suggest a potential rally to a new all-time high of 0.73904 USDT, marking a 90% price surge. Should this resistance be breached, a rally towards 5 USDT might be imminent.

Solana Targets New Highs With Bullish Technical Patterns

Solana’s price has surged in recent weeks, hovering near its previous all-time high of 260 USDT. Currently priced around 240 USDT, SOL is benefiting from a strong bullish pattern on its monthly chart.

The formation of a “cup-and-handle” pattern, a structure with a 95% success rate, has sparked expectations of a breakout toward 400 USDT.

Source: X

Solana has flipped its previous resistance levels into support, indicating continued upward momentum. Data from CoinGlass shows that SOL has seen high spot buy volumes, trailing only Bitcoin among the top 10 cryptocurrencies. As Solana maintains its bullish trajectory, market watchers are eyeing key resistance levels at 276 USDT and 360 USDT.

Minotaurus Attracts Attention During Presale Phase

Minotaurus (MTAUR), a token designed for use in a gaming ecosystem, has been garnering attention during its ongoing presale. Priced at 0.00006 USDT, MTAUR has seen higher participation, with early buyers already experiencing token value rise during the presale period.

The project has sold over 247,000 USDT, backed by audits from SolidProof and Coinsult to ensure transparency for participants.

The token’s utility within the gaming platform, including features like avatar customization and in-game enhancements, has made it appealing to casual gaming enthusiasts. MTAUR also offers referral incentives and bonuses for extended holding, encouraging long-term interest. With strong early sales momentum and surging community engagement, MTAUR is positioning itself as a promising addition to the crypto market.

Website: http://minotaurus.io/ Announcements: https://t.me/minotaurus_official Chat: https://t.me/minotaurus_chat Twitter: https://twitter.com/minotaurus_io

This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.