Why These Altcoins Are Trending Today — January 23

BE[IN]CRYPTO
01-24
  • OM reaches $3.49B market cap amid institutional confidence boost, with Ledger joining as validator for the RWA platform.
  • ANIME launches with Azuki backing and billion-user vision, but faces 40% price drop despite gathering 10,000 holders.
  • ELON doubles value on Trump-Musk speculation, breaking weeks of sideways trading to reach two-year highs.

Altcoins are showing diverse movements across different sectors, with OM, ANIME, and ELON each representing distinct market narratives.

While Real-World Asset player OM maintains steady growth with a $3.49 billion market cap and fresh institutional validation, newcomer ANIME faces early volatility despite backing from the Azuki team. Meanwhile, meme coin ELON capitalizes on political sentiment, doubling in value amid Trump-related speculation.

Mantra (OM)

OM is one of the most relevant altcoins in the Real-World Assets (RWA) space, with a market cap of $3.49 billion. Its price is up 3.5% in the last 24 hours. It recently welcomed Ledger as a validator, signaling institutional confidence in its ecosystem.

Technical analysis shows strong upside potential for OM, with key resistance levels at $3.68, $3.89, and $3.98. A break above $3.68 could trigger increased momentum toward these higher targets.

OM Price Analysis. Source: TradingView

On the other hand, support at $3.567 is fundamental for Mantra to maintain good momentum. If that support is lost, it could spark a downtrend, pushing the OM price down as the competition with other RWA altcoins intensifies.

Animecoin (ANIME)

ANIME is the native token of anime.xyz, a project backed by Azuki, one of the most successful NFT collections during the previous bull market. The platform aims to “revolutionize anime fandom by creating a decentralized creative network for its billion-strong global community“.

Despite significant initial interest, ANIME experienced substantial volatility in its early trading hours.

ANIME Price Chart. Source: Dexscreener.

The coin’s market capitalization stands at $350 million, though it has declined 40% from its launch price in just six hours. It currently has over 10,000 unique holders and roughly 13,000 transactions recorded.

Dogelon Mars (ELON)

Dogelon Mars (ELON), a meme coin referencing Elon Musk, is surging with Donald Trump now in office. Musk’s perceived support of Trump has drawn fresh attention to Musk-themed coins, driving interest.

ELON broke out of weeks of sideways trading on January 19, doubling in value within hours to hit its highest point since 2022.

ELON Price Analysis. Source: TradingView

A pullback could see ELON test support at $0.0000001735. However, continued momentum could push prices toward $0.00000047, with the potential to reach $0.00000050 if the uptrend holds.

Best crypto platforms in Europe | January 2025
Don’t invest unless you’re prepared to lose all 
the money you invest.
This is a high-risk investment and you should not expect to be protected if something goes wrong.
Take 2 mins to learn more
Don’t invest unless you’re prepared to lose all 
the money you invest.
This is a high-risk investment and you should not expect to be protected if something goes wrong.
Take 2 mins to learn more
Don’t invest unless you’re prepared to lose all 
the money you invest.
This is a high-risk investment and you should not expect to be protected if something goes wrong.
Take 2 mins to learn more
eToro Explore
Don’t invest unless you’re prepared to lose all 
the money you invest.
This is a high-risk investment and you should not expect to be protected if something goes wrong.
Take 2 mins to learn more
Explore
Don’t invest unless you’re prepared to lose all 
the money you invest.
This is a high-risk investment and you should not expect to be protected if something goes wrong.
Take 2 mins to learn more
Explore
Don’t invest unless you’re prepared to lose all 
the money you invest.
This is a high-risk investment and you should not expect to be protected if something goes wrong.
Take 2 mins to learn more
Explore
Coinrule Explore
Uphold Explore
Coinbase Explore
Chain GPT Explore
Best crypto platforms in Europe | January 2025
eToro
Don’t invest unless you’re prepared to lose all 
the money you invest.
This is a high-risk investment and you should not expect to be protected if something goes wrong.
Take 2 mins to learn more
eToro
Don’t invest unless you’re prepared to lose all 
the money you invest.
This is a high-risk investment and you should not expect to be protected if something goes wrong.
Take 2 mins to learn more
eToro
Don’t invest unless you’re prepared to lose all 
the money you invest.
This is a high-risk investment and you should not expect to be protected if something goes wrong.
Take 2 mins to learn more
eToro
Coinrule
Uphold
Coinbase
Chain GPT

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10