Leading Altcoins on December 31: FTT, PEPE, and VIRTUAL
The post Leading Altcoins on December 31: FTT, PEPE, and VIRTUAL appeared on BitcoinEthereumNews.com.
Altcoins like FTX Token (FTT), PEPE, and Virtuals Protocol (VIRTUAL) are making headlines on the last day of 2024. FTT is up over 7% in the past 24 hours, driven by news surrounding its former CEO Sam Bankman-Fried. Meanwhile, PEPE has gained nearly 1400% over the past year, with traders eyeing a year-end close above $0.00002. VIRTUAL, now the largest AI-focused cryptocurrency, continues its impressive rally, up 150% in the last 30 days, as it capitalizes on the rising trend of AI agents. FTX Token (FTT) FTX has returned to the spotlight with several significant developments over the past few days. Reports suggest that Sam Bankman-Fried, its former CEO and founder, is potentially under consideration for a presidential pardon, while former FTX executive Ryan Salame has had his prison sentence reduced by one year. FTT Price Analysis. Source: TradingView Currently, FTX is up over 7% in the last 24 hours, reflecting the positive sentiment driven by recent news. If the token manages to break through the resistance at $3.87, it could pave the way for a further rally toward $4.18. However, if the current uptrend weakens, the price might test support at $3.55, and failing to hold that level could push it down to $3.32. PEPE PEPE has experienced an extraordinary rise, gaining nearly 1400% over the past year to continue as the third-largest meme coin in the market. With a market cap of approximately $8 billion, PEPE trails only Shiba Inu and Dogecoin in the meme coin category. PEPE Price Analysis. Source: TradingView In the last 24 hours, PEPE has gained more than 7%, with traders eyeing a potential year-end close above $0.00002. If the current momentum holds, the token could test resistances at $0.0000216 and $0.0000226, with the possibility of reaching $0.0000247 if those levels are broken. However,…
Filed under: News - @ December 31, 2024 1:28 pm