As we go into a new week on Monday (October 28) here’s a look at the top trending cryptocurrencies of this week. The list is based on the topmost coins searched in the last 24 hours leading up to the weekend, that is, October 26. The visibility reflects how cryptocurrencies have fared over the week.
X Empire (X)
Price Change: The Elon Musk-themed Telegram game X game cryptocurrency turned out to be the topmost cryptocurrency as we head to the weekend. This digital asset gained 34.02% over the last 7 days to trade at $0.00006963 on October 25 end of the day.
News: The coin’s trading volume has diminished over the last 24 hours and so has its value. As of October 25 end of the day, X Empire was down 17.79% while its trading volume declined by 2.93% to $164.79 million. The X token has an unchanged market capitalization of $33.18 million at present.
Forecast: The gained momentum as it was launched on the Open Network on Friday, but it couldn’t sustain it and dipped as low as $0.00005 before briefly climbing to $0.00013. The coin has more or less settled at $0.000087 as the day progressed. Since this coin’s success lies in the number of tokens people gathered in airdrops, it’s safe to say that it might surge again as there is another key announcement scheduled later this month. At present it is following the same upward trend as Notcoin and could increase in value if people start using it for additional Telegram applications like news feed and a language learning app which were announced on October 25.
TARS AI (TAI)
Price Change: TARS AI takes the second spot in the trending cryptocurrencies list this week despite going down 3% in the last 7 days as it trades at $0.1219
News: Over the last 24 hours of October 25, TARS AI’s trading value and market cap have declined by 5.06% and 5.02% respectively while the trading volume has increased by 7.82%. Presently, the coin has a market capitalization of $66.39 million while its trading volume stands at $5.45 million.
Forecast: The TAI token could rise up to $0.27 in the upcoming days. Once it reaches the $0.27 level it is likely to break the $0.28 level by the end of this year. The coin has the potential to cross the $0.31 resistance level next year. However, for 2024, TARS AI will maintain the $0.25-0.27 range as it surges towards its all-time high at $0.28.
Goatseus Maximus (GOAT)
Price Change: The GOAT meme coin has been running like a bull this week, as it gained 60.6% to trade at $0.647 on October 25 day end.
News: Although Goatseus Maximus continued with its bullish trend throughout this week, it has experienced a pullback for the last 24 hours as GOAT lost 1.69% of its trading value. The coin’s market cap and trading volume have also decreased by 1.94% and 7.09% respectively. Currently, the meme coin has a market capitalization of $649.26 million and trading volume of $447.33 million.
Forecast: GOAT gained maximum on October 24 when Binance listed it which further made way for other crypto exchanges like OKX adding the coin to the futures. This led to an 808% spike in the token’s derivatives. The greater demand for GOAT tokens will continue, leading to an increase in trading volume and the coin’s value over the next few days. The price will also surge as crypto whales are investing in the coin which has triggered market interest for GOAT. With an above 25 Average Directional Index (ADX) at 39.50 suggesting that the upward trend is strong, GOAT is slated to pump over the next few days.
AI Companions (AIC)
Price Change: This AI coin went down 12.73% in the last 7 days as it trades at $0.09273 on October 25 day end.
News: The AI Companions has increased its value by 6.22% over the last 24 hours. However, its trading volume has diminished by 7.92% to touch $6.77 million while the market cap remains unchanged at $94.86 million.
Forecast: This coin’s price is directly linked with the surge in AI companies’ stocks like Nvidia and Microsoft gaining last week and also on its chances of getting listed in crypto exchanges like Gate.io. The coin is likely to continue its upward trend as it tries to break its previous record of $0.1500. The possibility of a Binance listing could also pump the price in future.
Bitcoin (BTC)
Price Change: The top-ranked cryptocurrency in the world Bitcoin has gained 5.25% this week as it trades at $67,001 on October 25 end of the day.
News: Although BTC is continuing to surge towards the $70,000 mark in the run upto the US elections, it is beginning to slow down as the weekend approaches as seen in the 2.12% decline in the prices in the last 24 hours. However, the coin’s trading volume has increased 22.80% in this while to reach $38.27 billion whereas the market capitalization plummeted 2.12% to touch $1.33 trillion.
Forecast: Bitcoin is gradually recovering to surge up to the $70,000 mark again after it declined and found support at the $66,000 level on Wednesday (October 23). If this gaining trend continues BTC will again surge up to reach $69000 on coming Monday, October 28. A successful break and close above $70,000 could extend the rally to retest the all-time high of $73,777 last seen in March this year.
Solana (SOL)
Price Change: Solana is buzzing this week as it gained 8.52% to trade at $167.81 on October 25 day end.
News: SOL has seen a 17.49% spike in its trading volume over the last 24 hours while its price and market cap declined by 5.65% and 5.62% respectively. As of October 25, Solana’s market capitalization stands at $78.91 billion while its trading volume is at $4.16 billion.
Forecast: Although the sentiments of Solana flipping Ethereum have died down as we entered the weekend, the coin will keep surging as it competes to overtake ETH. The trend is visible in how Solana is keeping up the momentum by launching new tokens which are soaring instantly. Even bearish sentiments amongst some traders didn’t affect SOL as retail investors have turned to this altcoin. As such, crypto analysts have advised investors to keep an eye on the coin as it is likely to gain further.
Safe (SAFE)
Price Change: This cryptocurrency has kept up with its month-long surge this week by gaining 64.71% in the last 7days to trade at $1.57 on October 25.
News: The coin has increased its price in the last 24 hours by 15.92% and along with it, the market cap and the trading volume have also risen by 15.91% and 58.28% respectively. At present, Safe has a market capitalization of $728.45 million and a trading volume of $314.15 million. SAFE is surging because Binance has listed SAFEUSDT in a perpetual contract.
Forecast: With 14.13% volatility and 79.06 RSI, Safe is expected to surge further in the coming days. The digital asset will touch the $1.63 mark by November 24, gaining 2.62% from its current price.
Sui (SUI)
Price Change: Sui has surged 8.44% this week to trade at $1.85 on October 25 end of the day.
News: This cryptocurrency has been running downhill for the last 24 hours as its value and market cap decreased by 5.49% and 5.475 respectively. Sui’s trading volume also declined by 8% to touch $549.51 million. Meanwhile, the coin’s market capitalization stands at $5.11 billion.
Forecast: As the utility of the Sui’s user-friendly and scalable blockchain enhances the coin is likely to gain more. Its user-based focus and technical focus will make it surge further. The coin is likely to rally towards the $2.34 mark in the next 5 days while its 30-day target is $5.84. Despite some bearish sentiments Sui could reach the $5.84 mark by November 24, soaring 223.27% from the current price.
Ethereum (ETH)
Price Change: Ethereum had a bad week as it went down 4.02% trying to compete with Solana. As of October 25 day end, ETH is trading at $2,486.31.
News: The Solana flips Ethereum sentiments had a massive effect on this digital asset as it has been going downhill for the last 24 hours. Both its value and market cap have declined by 2.15% while its trading volume has increased by 22.78%. At present, Ethereum’s market capitalization and trading volume stand at $299.15 billion and $19.95 billion respectively.
Forecast: ETH is expected to slide down further below the $2500 level before it recovers to surge towards the $2600 mark next week. With an RSI of 48.39 signalling a neutral momentum for the token, Ethereum is likely to rally to the $2,748 resistance level if it finds support at the $2500 level.
Hachiko (HACHI)
Price Change: The meme coin Hachiko gained 265% this month but it slowed down this week by 79.68% to trade at $0.001305 on October 25.
News: HACHI has suffered a decline in its value and trading volume in the last 24 hours although the market cap remains unchanged at $1.43 million. As of October 25, the trading volume of the token has declined to $1.39 million.
Forecast: This newly launched meme coin Hachiko is on the top trending list this week because of the momentum it gathered by gaining 933% on October 17. Analysts say that the positive sentiment around HACHI especially the community support because of its goodwill nature as it is based on the dog who was loyal to the owner even after his death, could make this coin thrive. Many predict that HACHIKO might be the next NEIRO, hence it is ideal to keep an eye on it. The coin is likely to reach $ 0.004562 by November 24, gaining 30.48%
Final Thoughts
As we move into the new week, the cryptocurrency landscape remains dynamic with significant movement across various tokens. While X Empire saw both gains and volatility fueled by its Open Network launch, Bitcoin’s steady rise towards the $70,000 mark has garnered continued attention. Meme coins like Goatseus Maximus and Safe have enjoyed bullish runs, highlighting the unpredictable but exciting trends within the market. Meanwhile, AI-related tokens such as TARS AI and AI Companions offer promising long-term potential despite short-term fluctuations.