FOMO on SUI rise? These Altcoins Look Like To Overshadow It This Week

There are currently significant movements in the crypto market, especially with Sui (SUI). Over the last three days, Sui (SUI) has gained a remarkable 73%. Initially, Sui (SUI) struggled to break the resistance band around $1 in late December and early January. However, in the last four days, the bulls decisively broke this resistance and took the price to new highs. Despite this upward trend, there is a possibility of a major pullback, especially due to the recent weak demand in the spot market. This could pave the way for sellers and profit seekers to push prices towards the $1 support level.

The sharpest rise in Sui (SUI) already appears to be in the rearview mirror, as the currency looks poised to grow, but not as much as you might think. This means crypto investors who missed out on recent gains may find a way to make up for it. Therefore, we will mention a few cryptocurrencies that may have a sufficiently bullish outlook and reach new highs in the coming days.

ScapesMania: A Newcomer to the Crypto Scene

ScapesMania has emerged as a one-of-a-kind gaming ecosystem that appeals to two different audiences. It offers an immersive experience to casual gamers while enabling crypto enthusiasts to reap the rewards of the project’s performance and actively shape its future.

For many crypto enthusiasts, ScapesMania has already become one of the best new projects of 2024 and beyond. To date, the project has been successful only from mass/retail contributions. $4,358,000 sum and calculate this figure every day $43,000-$111,000 The excitement of the community is clearly visible as the number of

Pre-Sale Opportunities

If you’re looking for more predictable growth, take a closer look at ScapesMania’s proposal. Pre-sale, tokens to buyers 25% It offers you the chance to benefit from the early registration advantage by purchasing it at a tremendous discount. When pre-sale ends, list price $0.1 per coin indicating the possibility of lucrative returns for early adopters.

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Growth Potential

A closer look at ScapesMania’s tokenomics and other characteristics provides insight into why it may be one of the best altcoins to hold right now. The ecosystem operates in the burgeoning $376 billion gaming industry, which is expected to reach $521.60 billion by 2027.

Additionally, ScapesMania owners can benefit from a variety of incentives, including buyback, burn and staking opportunities. Early buyers also +107%‘Bonus up to also has the chance to get it.

The innovative basic idea, impressive pre-sales numbers, $100,000 giveaway, endless excitement on social media and other positive aspects suggest that ScapesMania can continue its winning journey. It therefore makes sense to get involved as soon as possible.

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Aptos (APT): Looking Ahead at Token Unlocking

Aptos (APT) will unlock more than 24 million tokens next week, a significant event that will cause additional assets to enter circulation. These unlocked tokens represent more than 8% of the circulating supply; core contributors receive approximately 11.88 million Aptos (APT) and investors receive 8.42 million Aptos (APT). The remaining tokens will be allocated to the community and the Aptos Foundation. As of now, the circulating supply of Aptos (APT) is over 308 million and its market cap is approximately $2.8 billion.

Aptos (APT) has seen a significant increase in daily volume, with a peak of over $700 million recorded on January 5, the highest level in more than five months. However, the price of Aptos (APT) has fluctuated, with a decline of approximately 11.6% on January 3, followed by a recovery of over 13% on January 4.

The upcoming unlock event and recent volume increase indicate the potential for increased trading activity. However, the impact of additional tokens on the market is unclear. The price trend indicates a weakening uptrend, and the release of extra tokens could either increase momentum or lead to increased selling pressure.

Arbitrum (ARB): Domination in DeFi and DEX Volume

Arbitrum (ARB), a layer 2 network built on the Ethereum blockchain, is performing excellently with increasing decentralized exchange (DEX) volume, outperforming major blockchains. Arbitrum (ARB) DEX volume briefly outpaced Ethereum’s mainnet, underlining its rapid growth. The network’s cost-effective transaction fees have resulted in a significant increase in transaction volume. Arbitrum (ARB) total value locked (TVL) reached an all-time high of $2.64 billion.

Despite the impressive performance of the DeFi ecosystem, the Arbitrum (ARB) token has faced volatility. Arbitrum (ARB) is up more than 20% this year, outpacing leading cryptocurrencies like Bitcoin and Ethereum. However, it dropped nearly 10% to $2.13, reflecting the overall decline in the crypto market.

Arbitrum (ARB), thriving DeFi ecosystem and high TVL indicate strong network utilization and investor confidence. Affordable transaction fees can continue to attract users and increase transaction volume. However, the price of the Arbitrum (ARB) token is sensitive to broader market trends and fluctuations.

Optimism (OP): Embracing Network Evolution

Optimism (OP), a Layer 2 scaling solution for Ethereum, is undergoing a major network upgrade and hard fork known as the “Bedrock” upgrade. This development is designed to increase transaction speeds and reduce costs, thus increasing the overall usability of the Ethereum blockchain. BNB, one of the largest cryptocurrency exchanges, announced its support for this upgrade, highlighting the importance of Layer 2 solutions in the blockchain industry.

The network upgrade and hard fork are expected to bring new functionality and optimizations to the Optimism network. While Optimism (OP) deposits and withdrawals will be temporarily suspended during the upgrade, trading of Optimism (OP) tokens will not be affected. BNB involvement and the expectation that network performance will increase may impact market sentiment and trading activity around Optimism (OP) tokens.

The “Bedrock” upgrade represents a significant milestone for the Optimism ecosystem. The support of a major exchange like BNB demonstrates the industry’s strong commitment to Layer 2 solutions. This upgrade could lead to increased adoption and usage of the Optimism network and potentially increase demand for Optimism (OP) tokens. However, as with any major network upgrade, there are risks of technical issues or delays that could impact user trust and token value.

Solution

The crypto market is currently witnessing a dynamic phase and Sui (SUI) stands out with an impressive gain of 73% in just three days. However, this increase is accompanied by the risk of a major pullback due to weak demand in the spot market. Amidst this volatility, other altcoins are emerging as strong competitors, each offering unique features and developments.
Innovative gameplay system ScapesMania seems like the best choice of the bunch. If you want to choose a project that can replicate or even eclipse the rise of Sui (SUI), ScapesMania is that project.

Site: https://scapesmania.io/
Twitter: https://twitter.com/ScapesMania
Telegram: https://t.me/scapesmania