Weekly Market Review: FTT, POPCAT, W, MANTRA, APT

Algorand Price Prediction trading-chart10

This week has been good for several coins, as seen from their price movements. This week’s pumps can also be attributed to a several activities in the crypto space this week as well as market santiment revolving around the economic world.

FTX Token Price Review

FTX Token, $FTT, is this week’s top gainer, as seen from its price movements during the session. As of press time, FTX Token, trading at $2.63, had seen a 82% pump from its previous seven-day price, as its market cap stood at $870M during the same period.

The FTT pump can be attributed to recent activities surrounding the FTX case that might have stirred some enthusiasm. According to experts, on October 7th 2024, the critical court will occur and decide. Analysts expect that FTX’s $FTT will be restructured, revived and surge.

Popcat Price Review

Popcat, $POCAT, is also among this week’s top gainer, as seen from its price movements during the session. As of press time, Popcat, trading at $1.21, had seen a 31.35% pump from its previous seven-day price, as its market cap stood at $1.1B during the same period.

The Popcat pump can be attributed to MustStopMurad’s talk at Token2049 which catalyzed the next wave of capital reallocation into memecoins. Popcat seems to be one of the beneficiaries of these capital flows.

Wormhole Price Review

Wormhole, $W, is also among this week’s top gainer, as seen from its price movements during the session. As of press time, Wormhole, trading at $0.3395, had seen a 1219% pump from its previous seven-day price, as its market cap stood at $874M during the same period.

The pump over the week on Wormhole can be attributed to this week’s performance. According to industry experts, the token took the liquidity and is currently in search for a higher low. The analysts expect to see some continuation from there if it holds above $0.25.

MANTRA Price Review

MANTRA, $OM, is also among this week’s top gainer, as seen from its price movements during the session. As of press time, MANTRA, trading at $1.34, had seen a 10.53% pump from its previous seven-day price, as its market cap stood at $1.14B during the same period.

The crypto token’s pump can be attributed to events revolving around the token’s community that might have stirred some enthusiasm. MANTRA’s CEO and Co-Founder took the podiam on TOKEN2049 to speak on why real world assets need a Purpose-Built Layer 1, something that might have restored faith in the token.

Aptos Price Review

Asptos, $APT, is also among this week’s top gainer, as seen from its price movements during the session. As of press time, Aptos, trading at $8.73, had seen a 9.52% pump from its previous seven-day price, as its market cap stood at $4.39B during the same period.

The Aptos pump can be attributed to anticipated events involving the tokens that sem to have renewed hope in investors as well. It is now less than 2 weeks to submit for Aptos CodeCollision Hackathon with over $500K in prizes from the Aptos Foundation and star sponsors.

Source: https://blockchainreporter.net/weekly-market-review-ftt-popcat-w-mantra-apt/