Several cryptocurrencies are experiencing noticeable levels of relief and some are gaining attention by being included in the list of popular altcoins today. This surge can be attributed to improving investor sentiment and reduced selling pressure.
BeInCrypto uses data from CoinGecko to highlight the most popular altcoins, what’s driving their popularity, and what’s coming next. As of October 21st, the top three most popular altcoins are KOALA AI (KOKO), KLAUS (KLAUS), and Goatseus Maximus (GOAT).
Koala (Blood)
KOALA AI, a project that combines the humor of meme coins with the power of artificial intelligence (AI), is topping the list of trending altcoins today. Inspired by the frog-themed meme coin PEPE, KOALA AI is attracting attention as bullish sentiment surrounding the AI + meme coin narrative that has been dominating the market since last week grows.
As a result, the price of KOKO has surged 70% in the last 24 hours and is currently trading at $0.0000055. Daily charts show that the Relative Strength Index (RSI) reading is above overbought levels, typically above 70.00.
The funds flow index (MFI) also exceeded 80.00. These positions imply tremendous buying pressure and also indicate that profit-taking could begin soon.
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If that happens, KOKO may lose its place as one of today’s trending altcoins. In this case, the price may drop to $0.0000047. However, if the bulls continue to apply pressure, the value of the altcoin could rise and break above $0.0000060.
KLAUS
Next on the list is KLAUS, which is also a cryptocurrency with a meme coin story behind it. KLAUS is a popular altcoin today as its price is up 565% in the last 7 days.
As of this writing, KLAUS price is $0.040. On the 1-hour chart, the altcoin faces notable overhead resistance at $0.045, which is one of the reasons why the price of KLAUS may continue to struggle in the near term.
Considering the current technical setup, the cryptocurrency price is likely to fall to $0.030. However, traders interested in this altcoin should be careful. This prediction may be invalidated if KLAUS breaks the overhead resistance and the token could go up to $0.056.
Goatceus Maximus (GOAT)
Goatseus Maximus appears to be the leader in the ongoing AI + meme coin story in the market. That’s because Truth Terminal, an AI that recently became a millionaire, is one of the altcoins it holds to reach that status.
However, GOAT’s price has recently fallen by 50%. This comes following reports that Truth Terminal is run by humans and is included in today’s trending altcoins.
Despite the initial drop and FUD, Lookonchain reported that whales have amassed an additional $2 million worth of GOAT. Currently, there are 21.39 million of the same whales, purchased at a cost of $7.14 million.
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Following these developments, the price of GOAT rose again and currently sits at $0.40. However, if large-scale accumulation continues, the value of the altcoin could rise to $0.58 in the short term.
Conversely, if cryptocurrency whales start selling in large quantities like they are now, this prediction may not come true. Instead, the price of GOAT may fall to $0.29.
disclaimer
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