As XRP tries to hold onto the $2.20 price level, and as blue-chip assets like Bitcoin or Ethereum remain flat in value, several less-known altcoins steal the show with their explosive growth.
Hosico (HOSICO) has seen a 44% increase in the last 24 hours thanks to Solana’s $2.2 Million giveaway. Everscale (EVER), meanwhile, climbed on the strength of an important conference, as well as upgrades to its ecosystem. Shentu, meanwhile, soared in spite of lack of catalysts. This rally of altcoins indicates that traders are looking for momentum in community-driven projects, while they wait for an asset to break out.
Hosico Cat
Hosico Cat’s price has risen 43.7% within the last 24 hour, to $0.02769 after a drop of $0.01889. Over a long timeframe, the meme coin showed a significant surge. It climbed close to 82% over the past 30 days.
It appears that the price increase is linked to an extensive promotional campaign being conducted by the project. HOSICO hosts what it claims is the biggest Solana (SOL), worth $2.2million.
According to the most recent update, 27% of the goal has been reached, indicating a greater level of community participation.
This type of large-scale promotion can often lead to a short-term increase in prices, as it increases visibility and attracts new participants who want to take part in the reward distribution.
Hosico Cat is the Scottish Straight Cat that inspired the coin. He’s known for his gold fur, and has an expressive face that reminds of Puss in Boots.
Everscale
Everscale’s price has increased 42.6% in the last 24 hours. It is now $0.01397, up from $0.009822. Everscale is not like other tokens which experience sudden increases in price.
Everscale held its Everpoint 2025 Conference in Tashkent recently. The conference showcased technological innovations, government reforms, as well as expanding partnerships with the Everscale eco-system. Such conferences can be catalysts for price growth.
The Chums team also completed an upgrade of simple.ever tags to a Web3 domain for the Everscale eco-system.
Shentu
Shentu, a cryptocurrency that has gained 42.4% over the last day, is ranked third. The currency now stands at $0.3765 (up from $0.2681) and trades for $0.3765. CTK gained 67% during the last seven days.
The rally could be a reflection of speculative interest or increased social media attention, even though no announcements were made.
This current rise in altcoins is occurring at a period when most major cryptocurrencies are showing minimal movement. XRPXRPAfter a recent modest surge, ) lost its $2.2 level of support.BTCEthereum (ETHThe indices () and ( ) are both relatively unchanged over the last 24 hours.
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Source: crypto.news
