Bitcoin value stays caught in a slender vary because the ETF hype dies out. Consequently, the worth motion of probably the most altcoins has additionally been cautious this week. Nonetheless, some altcoins have nonetheless managed to catch bids and have prolonged their beneficial properties. SEI, SUI, DYDX and SUPER are a number of the few such cash.
Solana based mostly memecoin Dogwifhat (WIF) emerged because the best-performing cryptocurrency out of the highest 200 tokens with a greater than 50% value surge. On Thursday morning, WIF value hit a brand new all-time excessive of $0.5318 and stood at $0.48 after a short correction at press time.
In his newest interview, the CEO of JPMorgan, Jamie Dimon, as soon as once more took a dig at Bitcoin. The boss of the fintech large referred to as the pioneering cryptocurrency a Pet Rock with none intrinsic worth and a software for cash laundering. Dimon’s remarks have been broadly met with criticism within the crypto circles.
WIF Surges To a New ATH
In its second consecutive week of uptrend, WIF crypto has soared to its highest degree in historical past. The worth surge pushed the market capitalization of Dogwifhat above $460 million, making it the 5th most beneficial memecoin.
SUI Worth Rebounds From $1.20
In the course of the Tuesday’s sell-off, SUI crypto dipped to $1.20. Nonetheless, the drop turned out to be short-lived as the worth closed the day at $1.29%. On Wednesday, the SUI value was up 1.72% and stood at 1.78% at press time.
On the 4H chart, it’s dealing with resistance from the $1.33 degree. A breakout above this degree may lead to a brand new yearly excessive above $1.45. On the decrease aspect, there appears to be some assist beneath $1.10, however that may solely come into play in case of a rejection from $1.33.
SEI Targets A New All-Time Excessive
One other altcoin aiming for brand spanking new highs is SEI crypto which is the native asset of SEI Community. After a 7.6% enhance on Tuesday, SEI value had a 3.68% pullback throughout its Asian session on Wednesday. The probably situation nonetheless appears to be a retest of the $0.88 degree, however a retest of the $0.76 degree may happen earlier than.
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