Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • CASINO
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • CASINO
Crypto Flexs
Home»ALTCOIN NEWS»Biggest Altcoin Gainers in the Last Week of July 2024
ALTCOIN NEWS

Biggest Altcoin Gainers in the Last Week of July 2024

By Crypto FlexsAugust 5, 20244 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Biggest Altcoin Gainers in the Last Week of July 2024
Share
Facebook Twitter LinkedIn Pinterest Email

Altcoin prices took a step back from their significant gains this week, unlike the third week of July 2024. However, that doesn’t mean there weren’t some exceptions.

While the gains were not evenly distributed, there were still some of the usual suspects. However, the list of gainers for the last week of July is interesting because there were some completely new entries compared to previous weeks.

The Dog in the Cat World (MEW) is changing Solana’s theme

The cryptocurrency market is a fast-moving one, and MEW, the biggest altcoin to ever rise, is proof of this. Cats in a Dogs World is a cat-themed meme coin built on the Solana blockchain.

This week, the price of MEW (commonly called MEW) surprised the market, jumping by 85.68%. This is a huge difference when compared to other dog-themed meme coins such as Bonk (BONK) and dogwifhat (WIF).

The notable rise in the MEW price reinforces the speculation that the dominance of meme coins on Solana is shifting from dogs to cats. It also aligns with the opinion that meme coins are likely to dominate the altcoin season.

Another altcoin that supports this sentiment is POPCAT, which is also seeing a massive price surge. At the time of writing, MEW is trading at $0.0072, down significantly from its weekly high of $0.0087.

Read more: What are the best Altcoins to invest in in July 2024?

MEW Daily Analysis. Source: TradingView

Despite the recent decline, the price of MEW may soon rebound. This is due to the signal given by the Moving Average Convergence Divergence (MACD). The MACD is a trend-following momentum indicator that uses moving averages to determine price acceleration or deceleration.

As you can see in the chart above, the MACD is positive on the daily chart. Therefore, if buying pressure returns, the value of the cryptocurrency may rise again to $0.0087. However, if profit taking increases, the bullish prediction may be invalidated and MEW may fall to $0.0065.

Helium (HNT) Rising, But May Slow Down

HNT, the native token of Helium, a decentralized blockchain-based network, is one of the best performing altcoins.

At the time of writing, HNT is trading at $5.30 after rising 23.76% over the past 7 days. According to the daily chart, HNT was in a downtrend on July 16, with the price dropping to $3.57. This was the start of an uptrend, with the price rising to $6.

However, according to the Relative Strength Indicator (RSI) signal, the price of Helium is at risk of falling. The RSI measures momentum and shows whether the asset is overbought or oversold. A reading above 70.00 indicates overbought, while a reading below 30.00 indicates overbought.

Helium Daily Analysis
HNT Daily Analysis. Source: TradingView

At the time of writing, HNT is overbought, which suggests that the next rally for the token is likely. As a result, the value of this altcoin may drop to $4.79. However, if buying pressure increases, the price may attempt to retest $6.

Pyth Network (PYTH) seems ready to get more green

Recently, BeInCrypto reported that PYTH’s open interest hit a two-week high, confirming the huge interest in this altcoin. Over the past seven days, the token’s price has increased by 15.12%, making it one of the top performing altcoins in the last week of July 2024.

Unlike HNT, the price of PYTH can continue to hit new highs. This is due to signals from two indicators: Parabolic SAR and Chaikin Money Flow (CMF).

CMF shows whether the token is experiencing a lot of moment flow. If it is increasing, there will be a good level of accumulation. If it is decreasing, it means that participants are distributing. In the case of Pyth, it is the former, suggesting that the price may reach a higher value.

Read more: 7 Popular Meme Coins and Altcoins That Will Trend in 2024

PYTH Daily Analysis
PYTH Daily Analysis. Source: TradingView

On the other hand, Parabolic SAR uses the stop and reversal method to determine the trend direction. Simply put, if the dotted line is above the price, the price tends to reverse downwards. However, in the case of PYTH, the dotted line is below the price.

If this continues, the price of PYTH may jump to $0.39 or even reach $0.44 in the short term. However, once token holders start distributing, the price may drop to $0.33.

disclaimer

In accordance with the Trust Project guidelines, this price analysis article is provided for informational purposes only and should not be considered financial or investment advice. BeInCrypto strives to provide accurate and unbiased reporting, but market conditions are subject to change without prior notice. Always conduct your own research and consult with a professional before making any financial decisions. Please be advised that our Terms of Use, Privacy Policy and Disclaimer have been updated.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Crypto EXEC is not the end of the rally.

July 24, 2025

Shib or PEPE: What memes coins are cut to the top 10 first?

July 17, 2025

The PBK Miner uses XRP mining to start a stable and efficient income method to easily earn $ 18,000 a day.

July 10, 2025
Add A Comment

Comments are closed.

Recent Posts

Ethena increases by 20% after Arthur Hayes spreads 2m ENA tokens.

July 27, 2025

Forexus drops NFT coins -the public stage is sold in a few minutes.

July 27, 2025

Using XRP Cloud To Mine BTC And DOGE, Helping Investors Obtain Stable Daily Income

July 27, 2025

Safe and expandable MCP server development: Main strategies and best practices

July 27, 2025

Cardano (ADA) flashes optimistic signals. Did the meeting just started?

July 26, 2025

DL Mining Launches In The U.S.

July 26, 2025

Ripple CTO’s amazing regret for censorship

July 26, 2025

Ether Leeum validation exit exit queue will explode with 521,000 ETH ATH.

July 26, 2025

Wake’s GMX Hacking Analysis and Attack Scenario

July 25, 2025

Pepeto Announces $5.5M Presale And Demo Trading Platform

July 25, 2025

$75K In Rewards Announced For Valhalla’s First-Ever Tournament

July 25, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Ethena increases by 20% after Arthur Hayes spreads 2m ENA tokens.

July 27, 2025

Forexus drops NFT coins -the public stage is sold in a few minutes.

July 27, 2025

Using XRP Cloud To Mine BTC And DOGE, Helping Investors Obtain Stable Daily Income

July 27, 2025
Most Popular

BC.GAME Secures New Curacao LOK License to Strengthen Legal Compliance and Global Reach – Blockchain News, Opinion, TV & Careers

April 23, 2024

Can blockchain solve medical problems? Nigeria invests in technology to curb fake drugs

February 11, 2024

Mining Equipment Manufacturer Canaan Raises $50 Million in Preferred Stock Financing

January 26, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.