The post Cardano vs SUI vs AVAX vs JetBolt, Which Altcoins are Pumping in Post-Election Crypto Bull Run? appeared on BitcoinEthereumNews.com.

Cardano (ADA), Sui (SUI), Avalanche (AVAX), and JetBolt (JBOLT) are all capturing market attention as the post-election crypto market rallies under renewed optimism. With pro-crypto Donald Trump as president-elect, market enthusiasm has skyrocketed, pushing the total crypto market capitalization up by 5.45%, reaching $3.11 trillion as of November 12. Established altcoins like Cardano, Sui, and Avalanche are experiencing impressive gains, fueled by expectations of supportive policies and increased institutional interest. Amid this bullish climate, JetBolt is emerging with a unique zero-gas fee model and community-focused staking. What factors are driving the momentum for Cardano, SUI, AVAX, and JetBolt in the current post-election rally? Let’s dive in and find out. Is Cardano’s Recent Rally Built on a Solid Foundation or Hype? Cardano has made an impressive 79.69% gain this past week, breaking its trend of slow price action in recent months. Speculation suggests this rally may be fueled by rumors that Cardano’s founder, Charles Hoskinson, could collaborate with the pro-crypto stance anticipated from the Trump administration. While these claims lack official confirmation, the potential for favorable regulatory partnerships has stirred interest in ADA, fueling optimism about Cardano’s future. Cardano’s 7-day price surge reflects renewed market optimism, fueled by speculation on regulatory developments. (CoinMarketCap) On the technical front, Cardano has recently cleared a resistance level it has struggled with for three years, a move that some market observers view as a promising sign for more consistent growth heading into 2025. However, with Cardano currently appearing overbought, analysts note there may be a pullback in the near term. If ADA’s price retraces to support levels in the $0.548–$0.489 range, it could present a more attractive opportunity for those closely following this volatile asset. While Cardano is attracting renewed attention, SUI is also emerging as a community favorite. Can SUI’s New Highs Be Sustained?…

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Filed under: News - @ November 12, 2024 12:23 pm