This Week's Crypto Pumps: FTX Token, Popcat, Wormhole, MANTRA, Aptos

This week has been good for several coins, as seen from their price movements. This week’s pumps can also be attributed to a several activities

Several coins have experienced significant price increases this week. This week’s price surges can be attributed to various activities within the crypto space and broader market sentiment influenced by economic developments.

FTX Token Price Analysis

FTX Token, $FTT, has emerged as this week’s top gainer, evident in its price movements throughout the period. At press time, FTX Token was trading at $2.63, showcasing an 82% pump from its previous seven-day price, while its market cap stood at $870M during the same period.

The FTT price surge can be linked to recent developments surrounding the FTX case, which may have sparked some enthusiasm. According to experts, a critical court session is set to take place on October 7th 2024, where a decision will be made. Analysts are anticipating a restructuring and potential revival of FTX’s $FTT, leading to a price upswing.

October 7th 2024 – The critical court will occur and decide. FTX $FTT will be restructured, revived, surge.

Spend some of your cash to buy $FTT, this is like a missing treasure.

1.9$ to 50$ is around 48x from this range.

Patience is the key. pic.twitter.com/U2e7WQKST9

Popcat Price Analysis

Another standout performer this week is Popcat, $POCAT, as seen in its price movements during the period. At press time, Popcat was trading at $1.21, indicating a 31.35% pump from its previous seven-day price, while its market cap stood at $1.1B during the same period.

The Popcat price surge may be attributed to MustStopMurad’s discussion at Token2049, which appears to have prompted the next wave of capital reallocation into memecoins. Popcat seems to be among the beneficiaries of these capital flows.

It seems as if @MustStopMurad's talk at Token2049 has catalyzed the next wave of capital reallocation into memecoins

Popcat seems to be one of the beneficiaries of these capital flows – now in price discovery

Setting up to join the 4 greats of this cycle – BONK, WIF, PEPE,… pic.twitter.com/MLap3FwbZ9

Wormhole Price Analysis

Wormhole, $W, is also among this week’s top gainers, as evident in its price movements throughout the period. At press time, Wormhole was trading at $0.3395, showcasing a substantial 1219% pump from its previous seven-day price, while its market cap stood at $874M during the same period.

The price surge over the week on Wormhole can be attributed to its performance this week. According to industry experts, the token took the liquidity and is currently searching for a higher low. The analysts are expecting to see some continuation from there if it holds above $0.25.

$W is looking really good, finally.

Took the liquidity and is currently in search for a higher low.

Expecting to see some continuation from here if it holds above $0.25.

Optimal entries for longs is between $0.25-0.275. pic.twitter.com/a6KikZ7g1K

MANTRA Price Analysis

MANTRA, $OM, is another strong performer this week, as seen in its price movements throughout the period. At press time, MANTRA was trading at $1.34, indicating a 10.53% pump from its previous seven-day price, while its market cap stood at $1.14B during the same period.

The crypto token’s price surge can be linked to events revolving around the token’s community that might have stirred some enthusiasm. Notably, MANTRA’s CEO and Co-Founder took the stage at TOKEN2049 to speak on why real world assets need a Purpose-Built Layer 1, a topic that may have restored faith in the token.

“We’re focused on asset tokenization and building a compliance-first technical solution to support this in different jurisdictions…”?️ Catch the insightful keynote from our CEO & Co-Founder @jp_mullin888 on Why Real World Assets Need a Purpose-Built Layer 1 at #TOKEN2049… pic.twitter.com/EN5pbSxWBY

Aptos Price Analysis

Asptos, $APT, is also among this week’s top gainers, as evident in its price movements throughout the period. At press time, Aptos was trading at $8.73, showcasing a 9.52% pump from its previous seven-day price, as its market cap stood at $4

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