SUI, TAO, and POPCAT Outshine Bitcoin This Week—POPCAT Leads the Charge

News

  • SUI climbed 111% in 30 days, nearing its all-time high of $2.18.  
  • TAO gained 130% recently, benefiting from the growing AI crypto sector’s popularity.  
  • POPCAT surged 109%, driven by strong buying pressure and low correlation with Bitcoin.  

Bitcoin dominance, the ratio between its market capitalization to the total market cap of the entire cryptocurrency market, has hit the highest level since April 2021. However, signs of a slowdown are emerging, suggesting the surge might be nearing a peak. 

While most altcoins have struggled, SUI, Bittensor (TAO), and POPCAT have managed to outperform Bitcoin. These coins have shown impressive gains despite the prevailing market challenges. 

SUI Rises 111% in 30 Days

Source: Trading View 

Sui (SUI) has experienced remarkable growth, climbing 111% over the past month. The coin’s price jumped from $0.742 in early September to $2 in October, nearing the all-time high of $2.18 from March. 

This rise makes SUI one of the top performers in the crypto space. Only Bittensor (TAO) has outpaced SUI’s gains in the last 30 days. Analysts have attributed this remarkable growth to the growing popularity of meme coins on the Sui blockchain. 

Meme coins like Aaa cat (AAA) and Shiba Inu (SUIB) have posted massive gains, with AAA skyrocketing by 430% in just one week. The overall Sui meme coin market is now worth $256.3 million, further driving SUI’s success.

Bittensor (TAO) Gains 130%

Source: Trading View 

Bittensor (TAO) has gained 13% in the last 24 hours alone, and 130% over the past month. TAO’s rise is closely linked to the growth of the AI crypto sector, which has seen a 37% increase in market value. 

TAO, now the second-largest AI crypto, boasts a market cap of $4 billion. The rise in Open Interest, a measure of active trades, has also supported TAO’s price surge. 

Open Interest has tripled since early September, reaching a new high of $189 million. This suggests more traders are betting on TAO’s continued growth. 

POPCAT Jumps 109% In One Month 

Source: Trading View 

Popcat (POPCAT) has seen a 109% increase over the past month. The price crossed the $1.00 mark and hit $1.29, marking a significant milestone. POPCAT’s Relative Strength Index (RSI) is rising, meaning the buying pressure is still strong. 

Despite being in the overbought zone, buyers are still pushing prices higher. With strong momentum and unique factors driving this coin’s rise, POPCAT stands out as the biggest gainer this week.

SUI, TAO, and POPCAT have all outperformed Bitcoin, proving that even altcoins can thrive. For now, POPCAT leads the charge, showing strong momentum despite broader market challenges.

The post SUI, TAO, and POPCAT Outshine Bitcoin This Week—POPCAT Leads the Charge appeared first on Crypto News Land.

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