Over the past week, the crypto market has been quiet, incurring more losses than gains. However, the market quickly increased as the week closed on Friday, Oct 11.
Bitcoin gained momentum and is exchanging hands at $64,928, testing the $65K mark. Amidst the bullish momentum, three tokens have picked up pace parallel to Bitcoin.
Sui (SUI)
Priced at $2.25, it is one of the most trending tokens for keeping an eye out. Of the many blockchains available, SUI has welcomed yet another memecoin named Suirum ($SUIR), bolstering the already high trading volume of the Sui ecosystem by 44%.
The presales of the Suirum are already shaking up the ecosystem, where 14,000 SUI tokens have been raised in just half a day. The token has seen a solid uptick in its price by 16.32% in the past week, weathering all market uncertainties. Whether you are a memecoin fanatic or not, SUI’s prices have been shooting up, and you should not miss this opportunity to bag the gains.
VeChain (VET)
VeChain is anticipated to be preparing for a bull run after Alan Santana, a crypto analyst, pointed out, “Right now, this pair is trading at the lowest price ever, which is the lowest since September 2019, more than five years ago. The same price, back in 2019, around 340 satoshis (0.00000340), marked the end of a bearish wave and the start of a major bullish cycle” on his X profile.
Crypto enthusiasts are bullish, and based on the VeChain forecast, the coin is predicted to register a +1,200% jump soon. At press time, the token is trading at $0.02293, with the potential for prices to reach a range of $0.05 to $0.15.
Chilliz (CHZ)
Chilliz is one of the top 100 cryptocurrencies, priced at $0.07663. The token has gained value by 21.08% in the last seven days, especially as anticipation of the pepper airdrop broke loose on Oct 10 with users ready to harvest.
According to on-chain data by Block, the Chilliz chain’s net network growth is up by 0.18%, with large transactions taking the lead at 9.79%. Investors have been ready since September 25, when inflow on the Chilliz chain saw a whopping $2.56M.
In addition, $CHZ prices turned upwards as the team announced its partnership with DappRadar, one of the leading dApps stores. If the upward market momentum stays put this week, the token’s price can increase threefold.
Whether you wish for quick gains or are in the game long-term, each token can provide a unique opportunity for investment. Investors should do their research before making any investment.
