Top U.S. Minted Coins Creating a Stir Over the Weekend
Weekend Spotlight: Top 5 Made in USA Coins on the Rise
The US crypto market is abuzz with excitement as these 5 tokens grab the limelight heading into the weekend. Here's a break down of their recent performance and potential outlook.
1. EOS: A Controversial Comeback
EOS is surging nearly 7%, fueled by World Liberty Financial's questionable $3 million investment, stirring debates across the crypto realm. Although some question the move's ethics, there's yet no definite evidence of foul play. With EOS trading below $0.50 for most of last year, the surge has reignited interest in the project, which could potentially break above the key $0.88 resistance if bullish momentum continues.
2. Ondo Finance (ONDO): Riding the RWA Wave
Real-world asset tokenization has gained significant traction, reaching an all-time high of $22.5 billion (up 5.87% in the last 30 days). ONDO is one of the biggest players in the sector, despite a short-term slump in its token price (3% drop in the past 24 hours). With a possible breakout above $1.04, ONDO may test $1.20 if bullish sentiment prevails. However, a downtrend may take it down to $0.73 or even $0.663.
3. SUI: Memes & Momentum
Despite a slight cool-down (down 1.25% over the past week), SUI has gained 83% in the last 30 days due to its meme coin ecosystem and DEX activity. The token stands a chance to test resistance at $3.89 if buyers regain control, potentially leading to a path towards $4.24. On the flip side, a failure to hold support at $3.63 could lead to a fall towards $3.27 and $2.92 in the event of further selling pressure.
4. Kaspa (KAS): Golden Opportunity
Kaspa (KAS) has shown impressive performance recently, surging 18.5% in the last week and 56.7% over the past month. The token may test resistance at $0.155, potentially breaking towards $0.188, making it one of the weekend's most enticing Made in USA coins. However, if the trend weakens, key support levels lie at $0.114 and $0.103, with potential downside targets as low as $0.082.
5. EigenLayer (EIGEN): Bullish Signals Amid Pullback
EigenLayer (EIGEN) is facing a recent pullback (down 11% in the last 24 hours) after last week's rally, but its EMA lines remain bullish. If the downtrend continues, the token may test key support at $1.22, with further downside possible towards $1.084 if that level fails. Conversely, if EigenLayer regains its prior momentum, it could retest resistance at $1.49, paving the way for a move to $1.63.
EOS: Controversial Upswing
World Liberty Financial's $3 million purchase of EOS has sparked controversy across the crypto community, especially given WLFI's recent $125 million loss from selling ETH near a local bottom. EOS is rising 7% in response, briefly surging over 9% following the news. If bullish momentum persists, EOS could break above the key resistance level at $0.88, potentially heading towards the psychological $1 mark. However, a shift in sentiment and a rally fade might cause EOS to retest support at $0.663, potentially dragging the token back towards the $0.58 region.
SUI: Gaining Speed and Volume
SUI has been climbing recently thanks to its growing meme coin ecosystem and expanding DEX infrastructure. While its DEX volume has surged 36.7% over the past week, it trails behind the other top eight chains. Despite this, market interest remains strong, with SUI up 83% in the last 30 days, though it has cooled slightly, slipping 1.25% over the past week. If buyers regain control, SUI could test resistance at $3.89, potentially opening the path towards $4.24. On the downside, if SUI fails to hold support at $3.63, it may fall towards $3.27 and potentially $2.92 if further selling pressure ensues.
Kaspa (KAS): A Bright Future
Kaspa (KAS) has performed exceptionally well recently, soaring 18.5% in the last week and 56.7% over the past month. Its market cap now stands at $3.17 billion, even as 24-hour trading volume has dipped by 20%. EMA indicators suggest a potential golden cross formation, which could signal further upside. If momentum continues, KAS may test resistance at $0.155, and a successful breakout could push the price towards $0.188, cementing its place as one of the weekend's most interesting Made in USA coins. However, if the trend weakens, key support levels lie at $0.114 and $0.103, with potential downside targets as low as $0.082.
EigenLayer (EIGEN): Hanging on by a Thread
EIGEN has seen mixed price action recently, up 16% over the past week but down 11% in the last 24 hours alone. A recent drop pushed its price below $1.40 and dragged its market cap under the $400 million mark, signaling a potential cooldown after last week's rally. Despite the pullback, EIGEN's EMA lines remain in a bullish formation. If the downtrend continues, the token may test support at $1.22, with further downside possible towards $1.084 if that level fails. On the other hand, if EigenLayer rekindles its prior momentum, it could retest resistance at $1.49, potentially paving the way for a move toward $1.63.
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Enrichment Insight:
- Current Market Trend for SUI Token: The market trend for SUI has been bullish recently, with the token moving from a low of $1.93 to currently trading around $3.84. It has found strong support near the $3.75 level, indicating a potential floor for future price movements.
- Outlook and Key Levels: If the bullish trend continues, SUI may test resistance at $3.80-3.90. However, a break below the support range of $3.00-$3.20 could lead to a correction. Key long-term predictions suggest SUI could reach $5.30 or even $10, driven by strong tokenomics and ecosystem momentum. Potential future resistance could be seen at $4.09 and $4.18, with a possible high of $7.01 by the end of 2025.
- The controversial investment of $3 million into EOS by World Liberty Financial has sparked debate within the crypto community, with EOS experiencing a 7% surge in response.
- Real-world asset tokenization sector leader, ONDO, has seen a 3% drop in its token price over the past 24 hours, but its potential breakout above $1.04 could take the price to $1.20 if bullish sentiment prevails.
- Despite a slight cool-down, meme coin SUI has gained 83% in the last 30 days due to its growing ecosystem and DEX activity. A successful regain of control by buyers could push the price to $4.24, while a failure to hold support at $3.63 might lead to a fall towards $2.92.
- Kaspa (KAS), which has shown impressive performance recently, may test resistance at $0.155, potentially breaking towards $0.188, making it one of the weekend's most enticing Made in USA coins, but a potential downside target as low as $0.082 remains if the trend weakens.
- Despite a recent 11% pullback, EigenLayer (EIGEN) could retest resistance at $1.49, paving the way for a move towards $1.63, if it regains its prior momentum, but a failure to hold support at $1.22 could lead to further downside towards $1.084.
- With the SUI market trend being bullish and its DEX volume surging 36.7% over the past week, if buyers regain control, the price may test resistance at $3.89, potentially opening the path towards $4.24, but a failure to hold support at $3.63 might cause a fall towards $3.27.