Connect with us

Hi, what are you looking for?

Crypto News

Ethereum Coins Gearing for Christmas Rally with Over 20% in Gains

The broader crypto market is witnessing mixed trends. Bitcoin (BTC) trades at $94,000, marking a significant decline from its $108,000 all-time high, while major altcoins like Ethereum (ETH), XRP, and Solana (SOL) show signs of recovery. In this environment, as the crypto market operates in a holiday season, several Ethereum-based coins are catching investors’ attention with impressive rallies. Among the most notable are Movement (MOVE), Minotaurus (MTAUR), Bitget Token (BGB), and Virtuals Protocol (VIRTUAL). These altcoins show strong growth potential, with gains exceeding 20% in recent weeks.

New Ethereum Coins Eyeing Christmas Rally with over 20% in Gains

Let’s dive into what makes each of these  Ethereum coins stand out and why they might be gearing up for a Christmas rally.

1. Movement (MOVE): A Layer-2 Star with Bullish Momentum

Movement (MOVE) has garnered market attention through a series of strategic actions that strengthen its ecosystem. The token has noted weekly increases of 32.5%, alongside a rise in trading volume by 153.25%, over the last 24 hours, to trade today at $0.826. According to its whitepaper, MOVE, a layer-2 solution on Ethereum utilizing MoveVM, seeks to improve scalability while offering decentralized finance (DeFi) services.

MOVE price chart

Key Drivers of MOVE’s Rally:

WBTC integration: The partnership with BitGo to introduce WBTC (tokenized Bitcoin) onto its mainnet enhances liquidity and expands its DeFi offerings.
Mainnet launch: Movement recently launched its mainnet, accompanied by an $830 million airdrop, driving significant adoption.
Exchange listings: Being listed on Binance, Coinbase, OKX, and Upbit boosted investor confidence and visibility.

Analysts express positive views regarding MOVE’s near-term direction, forecasting a possible increase to $1.3, indicating a 60% gain. The Ethereum coin’s emergence from a bullish pennant pattern boosts its potential for upward movement.

2. Minotaurus (MTAUR): Gaming Meets Crypto Innovation

Minotaurus (MTAUR) is gaining traction in the casual gaming sector, with its ecosystem enabling unique in-game features and progression opportunities. Backed by audited smart contracts and a growing market interest, MTAUR’s presale offers buyers who prefer early-stage cryptocurrencies, an opportunity early to capitalize on its anticipated growth.

Why MTAUR Stands Out:

Presale price: The Minotaurus (MTAUR) token presale has set its price at 0.00006001 USDT per token, presenting a 70% markdown from the planned listing price of 0.00020 USDT. Early participants who entered at 0.000040 USDT have already seen notable progress.
Gaming ecosystem: With a focus on the $15 billion casual gaming market, MTAUR is poised to attract a broad user base.
Incentives: Token bonuses via referrals and extended vesting periods appeal to long-term holders.

As the presale gains momentum, MTAUR is positioning itself as a promising player in the crypto-gaming space.

3. Bitget Token (BGB): Powering the Bitget Exchange Ecosystem

BGB, the utility token of the Bitget exchange, has shown remarkable growth fueled by strategic partnerships and increasing platform adoption. The value of the Ethereum coin is currently at $4.71, demonstrating 26.95% growth, over the past week.

Key Developments:

PayFi solutions: A partnership with Swiss fintech firm Fiat24 aims to bridge traditional and decentralized finance, enabling seamless crypto payments.
User incentives: BGB holders benefit from staking, trading fee discounts, and access to launchpad projects.
Market presence: With a market cap of over $6.5 billion, BGB remains a top-tier exchange token.

The token’s consistent upward trend suggests strong investor confidence as the festive season progressess.

Bitget Token price chart

4. Virtuals Protocol (VIRTUAL): Ethereum coin Leading the AI and Metaverse Revolution

Virtuals Protocol combines artificial intelligence (AI) and blockchain technology to create immersive digital experiences. The protocol’s focus on generative AI applications and real-world utility has made it a favorite among investors. While Bitcoin price traded below $95,000, VIRTUAL was a top gainer increasing in value by 35% in the past day.

Highlights of VIRTUAL’s Growth:

Binance listing: A recent listing on Binance has significantly boosted its visibility and trading volume.
Whale interest: Significant whale activity underscores the protocol’s strong fundamentals.
Innovative features: With 11.5,000 agents and over 340,000 holders, VIRTUAL is setting new benchmarks in the metaverse space.

With the current price of $3.17, analysts predict continued growth for the Ethereum coin as the protocol expands its features and community.

Final Thoughts

As the holiday season advances, these Ethereum tokens—MOVE, MTAUR, BGB, and VIRTUAL—are poised to maintain their upward trend, making them solid candidates for a Christmas rally. Investors need to monitor these projects as they take advantage of market trends and new opportunities.

The post Ethereum Coins Gearing for Christmas Rally with Over 20% in Gains appeared first on CoinGape.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Crypto News

The Bank of Russia has issued a directive for financial institutions to prepare for the integration of the digital ruble. The move aims to...

Science&Tech News

Consumer rights group Which? is suing Apple for £3bn over the way it deploys the iCloud. If the lawsuit succeeds, around 40 million Apple...

Science&Tech News

Battle lines have been drawn between the almost 200 countries meeting in Azerbaijan as they seek to agree a new pot of money to...

Crypto News

FIDA and MEW, cryptocurrencies based on the Solana blockchain, saw noteworthy positive sentiment on Thursday as they secured vital listings. Solana Name Service (FIDA)...