Here are the Top 3 Altcoin Gainers in the First Week of October 2024
BeInCrypto has analyzed the top 3 altcoin gainers that performed most impressively in the last seven days. One of them is Solana's meme coin, POPCAT, which successfully set an ATH price record this week.
FTX's native token, $FTT surprised the market by becoming the best altcoin among the top 100 crypto assets. FTT soared 95% within a week and is now trading at US$2.72. This dramatic increase then caught the attention of traders and investors. The rally was mainly driven by rumors about the start of payments to creditors. With a hearing on the distribution plan scheduled for October 7, bullish sentiment is expected to continue, potentially spurring further price increases.
2. POPCAT
$POPCAT set a new ATH record this week, rising 31% in the last 24 hours. This Solana-based meme coin managed to break through resistance at US$1.00, continuing to set a new record at US$1.29 after failing several times to break through that level throughout the week.While the exact catalyst behind this spike is unclear, if POPCAT holders decide not to sell the asset, the coin could continue to rise. This could encourage the formation of a new ATH, as well as increase market optimism.
3. Wormhole $W
Wormhole price may not experience an explosive spike like other tokens. Even so, this token is still impressive with a rally of 14.8%. Currently, the altcoin is trading at US$0.34 and attracting the attention of investors.Wormhole itself almost touched the weekly peak at US$0.42, but slipped again below the resistance of US$0.35. This area has persisted since mid-July. Meanwhile, if it is successfully penetrated, the price could shoot up to US$0.42.
