This November, many altcoins have shown that they are ready to challenge Bitcoin’s (BTC) dominance. As a result, some of these cryptocurrency are part of the top trending assets.

While outperforming BTC is not the only reason these cryptos are on the list, BeInCrypto reveals other reasons in this analysis. Using CoinGecko data, the top three altcoins trending today, November 28, include Thena (THE), Sui (SUI), and Just a Chill Guy (CHILLGUY)

THENA (THE)

THE, the native token of the decentralized exchange built on the BNB Chain, is part of the trending altcoins today due to its price increase. In the last 24 hours, THENA’s price has increased by 130% and currently sits at $3.88.

This development was also aided by Binance’s support of the cryptocurrency through its listing some days ago. Before the development, THE was swinging between $0.15 and $0.50. However, it appears that the Binance listing has brought more attention to the altcoin.

As a result, the volume has also increased. Should volume continue to climb as well as the price, then THE could hit $5. On the other hand, if profit-taking increases, this might not happen. In that case, the value could decline below $2.

Sui (SUI)

Like THENA, Sui is also one of the trending altcoins today due to its price increase. However, it is important to note that the crypto did not replicate THE’s performance. Instead, it climbed slightly by 5% in the last 24 hours.

Despite the altcoin’s increase, the Money Flow Index (MFI) on the daily chart, has dropped below the neutral line. The MFI measures the level of buying and selling pressure around a cryptocurrency.

When it rises, it means buying pressure in the present. However, since it has dropped in SUI’s case, it indicates selling pressure. Considering this current condition, the altcoin’s value might drop to $2.38.

But if buying pressure comes into play again, this forecast might be invalidated. In that situation, SUI’s price might rally above $3.95.

Just a Chill Guy (CHILLGUY) 

CHILLGUY is one of the trending altcoins today, with reasons similar to THENA. Just yesterday, Binance listed the Solana meme coin on its perpetual market, causing a brief spike in the token’s value.

However, in the last 24 hours, the price has decreased by 16.40%, suggesting that the listing was a “buy the rumor, sell the news” event. On the 4-hour chart, the volume around the token has decreased. Hence, the price is likely to continue to drop, with possible targets around $0.45. 

On the other hand, if interest in CHILLGUY jumps again, this might not happen, and the price might rise to $0.70.

Dogecoin (DOGE) Price recently surged to $0.48, its highest level since 2021, while surpassing Porsche in market capitalization at $58 billion.

However, indicators like the EMA lines suggest the current uptrend may lose momentum, with a potential reversal on the horizon.

DOGE Ichimoku Cloud Shows a Potential Shift In Sentiment

The Ichimoku Cloud chart for Dogecoin shows a consolidation phase. The price currently trades near the Kijun-Sen (orange line) and Tenkan-Sen (blue line).

DOGE price is hovering around the edge of the cloud (Senkou Span A and B), indicating uncertainty in momentum. While the price has yet to fall decisively below the cloud, its proximity signals that the bullish momentum is weakening, and the cloud may now act as a key support zone.

The green cloud structure suggests mid-term support is intact for now, but the lack of strong upward movement above the Tenkan-Sen and Kijun-Sen lines reflects hesitation in the market.

If DOGE price fails to reclaim higher levels and slips below the cloud, it could signal the start of a bearish trend. On the other hand, a clear move above the Kijun-Sen with increasing volume could reignite bullish momentum and push the price higher.

Dogecoin Current Trend Isn’t Strong Anymore

The DOGE DMI chart shows that its ADX has dropped to 18.7 from 25 in just one day, signaling a weakening trend. The ADX, or Average Directional Index, measures the strength of a trend, regardless of direction, on a scale from 0 to 100.

Values above 25 indicate a significant trend, while values below 20 suggest a weak or no trend. This drop in ADX suggests that DOGE recent momentum is losing steam, and the market could be entering a consolidation phase.

With the positive directional indicator (D+) at 19.3 and the negative directional indicator (D-) at 17.7, the marginal dominance of D+ over D- reflects a slight bullish bias. However, the narrow gap between the two indicators highlights an indecisive market, with neither buyers nor sellers strongly in control.

For Dogecoin to establish a clear trend, either D+ needs to rise significantly to confirm renewed bullish momentum, or D- must increase to indicate growing bearish pressure. Until then, price movements are likely to remain range-bound.

DOGE Price Prediction: Can It Reach $0.50 Soon?

DOGE price recently reached its highest level since 2021, peaking at $0.48 on November 23. It now boasts a market capitalization of $58 billion, surpassing the iconic automaker Porsche’s $56 billion.

If DOGE price can regain its bullish momentum, it could retest the $0.48 resistance level and potentially rise to $0.50 or even $0.60, moving closer to its all-time high.

However, DOGE’s EMA lines indicate that the current trend may reverse into a downtrend, as the formation of a death cross could occur soon. If Dogecoin price breaks below the critical $0.36 support level, it could decline further to $0.14, marking its lowest level since early November.

As an industry, blockchain has consistently outperformed expectations. Currently, it’s poised to reach $248.9 billion over the next 5 years, driven by a staggering 65.5% compound annual growth. This explosive expansion stems from the technology’s innate ability to reshape a vast array of industries via the tenets of decentralization, transparency, and security. 

The Potential of Blockchain

A number of key developments have accelerated not just the growth of blockchain, but also its integration into the mainstream. Support from other Big Tech sectors like gaming and fintech has raised the profile of decentralized currencies, in turn bringing the networks that power them to the fore. 

This has made some very significant changes. In the gaming industry, for example, the emergence of new platforms and gaming experiences, from Bitcoin casino websites to play-to-earn titles, has pushed the utility of blockchain as much as it has opened access to cryptocurrencies for the average consumer. Cryptocurrencies have enormous potential when being used in the casino world – not least because of the security boost that they offer – and many enthusiastic gamers have moved toward using these for all sorts of online gaming fun, whether it’s slots, poker, blackjack, or something else. This is just one example of how blockchain is changing industries from top to bottom.

Moreover, the application of blockchain to fintech has given rise to DeFi  – the decentralized finance sector, which is having a revolutionary impact on financial systems across the globe. It’s transforming digital ownership via non-fungible tokens (NFTs) and digital assets. Alongside all that, blockchain is being increasingly integrated into traditional banking methods.

And as a result of such advancements? Well, a diverse set of companies are now harnessing the potential of blockchain — in some genuinely innovative ways. In this article, we’ll explore those heavy-hitting blockchain companies that are pioneering a unique approach to demonstrating the versatility of this technology, underscoring its pivotal role in the future of international business.  

Key Takeaways

• Major blockchain developments include GameFi, decentralized finance (DeFi), NFTs, smart contracts, and integration into traditional sectors like banking and logistics. These trends showcase technology’s ever-growing role in transparency and efficiency. 
• A diverse group of companies is leading blockchain innovation, from computing giants creating new digital asset ecosystems to start-ups focusing on decentralized data management and peer-to-peer transactionality. 
• With blockchain advancing so rapidly, businesses from across all industries can stay competitive by harnessing its potential to establish secure and efficient operational systems. 

Blockchain Companies to Know

Here’s a round-up of the core blockchain companies to know as we head into 2025. While some exclusively operate in the blockchain space, you might recognize a few household names who are leading the charge when it comes to utilizing and advancing blockchain tech. 

RIOT Platforms Inc.

Exchange: Nasdaq

Mining is an essential component of the decentralized ecosystem, being critical to Bitcoin and leading blockchain networks. Riot Platforms has been a top player in the crypto mining space since its launch in 2000, and now offers solutions across engineering and data center hosting. Often rated as a Wall Street Strong Buy, the company maintains investments in Verady, Coinsquare, and Tess. 

Ripple

Known among gamers and traders for the XRP token, Ripple is actually a powerhouse company in the decentralized technology sector. 

Having developed its blockchain network over a decade, Ripple is well positioned as a company delivering products that enable businesses, governments, and financial institutions to tokenize and manage value. Transparency and cost-efficiency are at the center of the blockchain’s offering, which has seen it attract a client base including American Express and BMO. 

Coinbase Global, Inc.

Exchange: Nasdaq

The US’ largest cryptocurrency exchange by trading volume, Coinbase is another multi-faceted blockchain company. It’s got a whole suite of products for retail and institutions. Founded in 2012 by Bryan Armstrong, the company is headquartered in San Francisco and incorporates Coinbase Pro, Coinbase Wallet, and USD Coin. 

Coinbase’s profile has received a substantial boost this year due to playing a crucial role in the brokerage of spot Bitcoin ETFs. 

Binance Holdings Inc

Who hasn’t heard of Binance at this point? Globally recognized, this blockchain ecosystem has developed a comprehensive suite of decentralized products that include the largest digital asset exchange. Founded by Changpeng Zhao in 2017, Binance’s mission is to provide the “core infrastructure services for organizing the world’s crypto.”

Crypto insiders will already be familiar with its currencies: Binance Coin (BNB) and BinanceUSD (BUSD). While it was first launched on the Ethereum chain, BNB has since migrated to the company’s own proprietary network, the BNB Chain, indicating its industry-leading position in the blockchain and crypto space. 

IBM

Exchange: NYSE

The multi-national computing giant is well established in the Big Tech space. For decades, its extensive suite of cognitive solutions and cloud platform have powered industries, enterprises, and individuals across the globe – not a bad record! 

With a 100+ year history in spearheading innovation, IBM has long been at the forefront of pushing the capabilities of human-tech interaction. It’s therefore not super surprising that it’s been one of the largest names to embrace blockchain and now provides extensive solutions to build blockchain systems across a diverse spectrum of industries, from supply chain management to food product sourcing.