The cryptocurrency market once again entered a bullish phase as Bitcoin price soared past $93k, setting an all-time high record for the fifth time in a week. This bull run has also fueled growth on altcoins.
TinTucBitcoin analyzed three Tokens that hit new record highs today, delivering significant returns to investors and creating excitement in the market.
Pepe (PEPE)
PEPE hit a new all-time high of $0.00002597 in intraday trading today, after rising an impressive 83% in the past 24 hours. This breakout allowed Meme Coin Coin to overcome five-month resistance at $0.00001677, marking a notable achievement.
Currently trading at $0.00002267, PEPE may struggle to set a new high due to today’s pullback. However, if investors maintain their positions and do not sell, PEPE can avoid a return to the previous support level of $0.00001677.
If PEPE falls to this support level, the possibility of a new high will be eliminated, along with a large portion of recent gains.
Sui (SUI)
SUI is up 9.75% over the past 24 hours, reaching a new all-time high of $3.52. Although the gain is modest, this high marks an important milestone in the altcoin’s recent uptrend.
The high is the sixth all-time high in the past week, as SUI closely tracks Bitcoin’s price rally. The cryptocurrency has now established solid support at $3.20, reinforcing investor confidence in continued growth.
However, if SUI loses the $3.20 support, the price could fall to $2.85, thereby damaging investors’ current bullish outlook and possibly correcting sentiment to the downside.
Popcat (POPCAT)
POPCAT jumped 18% in intraday trading highs, hitting a new all-time high of $2.00, its first high in more than two weeks. The recent breakout highlights POPCAT’s growing appeal among meme coin investors.
Currently trading at $1.88, POPCAT is undergoing a slight correction but has established support at $1.74. This support level acts as protection, helping to prevent any major losses and maintain positive sentiment around the Token.
However, if POPCAT loses the $1.74 support, it could face a decline to $1.49. This drop could undermine hopes of a new all-time high, dampening momentum for the Solana-based Meme Coin.