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HYPE, HBAR Top First Week

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In previous bull markets, the last month of the year usually brings massive price appreciation for cryptos. So, the altcoin gainers of the first week of December 2024 may not surprise seasoned crypto investors who have witnessed similar rallies on several occasions.

These gains could be linked to massive buying pressure, capital rotation from large-cap coins, and several other reasons. That said, the biggest altcoin gainers include Hyperliquid (HYPE), Hedera (HBAR), and JasmyCoin (JASMY).

Hyperliquid (HYPE)

Hyperliquid’s HYPE leads this week’s altcoin gainers. Over the past seven days, its price has surged by 122% due to significant buying pressure.

On November 29, Hyperliquid distributed 310 million HYPE tokens to its community. Since then, the altcoin’s price has increased from $3.90 to $14.78. 

The hike was accelerated this week by the news that crypto exchanges Bybit and OKX have listed HYPE on pre-market, suggesting that a full listing is not far away. Should these platforms list the altcoin, then trading volume might increase, and this could lead to a higher price for HYPE.

HYPE price analysis
Hyperliquid 1-Hour Chart. Source: TradingView

If that happens in the coming week, then the altcoin could be one of the biggest gainers again.  Thus, investors might need to keep an eye out for developments related to the token.

Hedera (HBAR)

HBAR is another crypto that could not be left of December 2024 altcoin gainers. Like HYPE,  the altcoin’s value has increased by over 100% this week. During the week, BeInCrypto reported about HBAR, noting that Open Interest (OI) around it has reached a peak not seen in years.

This hike in OI indicates a lot of speculative activity around the cryptocurrency coupled with buying pressure in the derivatives market. On the technical side, the 4-hour chart shows the formation of a bull flag.

The bull flag, a key technical analysis chart pattern, often points to an impending continuation of a bullish trend. Characterized by a sharp price surge (the “flagpole”) followed by a brief consolidation phase resembling a flag, this pattern suggests a temporary pause before upward momentum resumes.

HBAR price analysis
Hedera 4-Hour Analysis. Source: TradingView

With this pattern in place, HBAR’s price could rally toward $0.50 once it breaches the $0.39 resistance. However, if bears resist the breakout, this might not happen, and the price might decline to $0.29.

JasmyCoin (JASMY)

The Decentralized Physical Infrastructure Network (DePIN) project JasmyCoin is third on the list of December 2024 altcoin gainers. This week, JASMY rallied by 91% and currently trades at $0.051.

As a result, the market cap has surpassed $2.5 billion. Considering the positive Moving Average Convergence Divergence (MACD), it appears that JASMY’s price could be higher in the short term.

This is because positive MACD translates to bullish momentum. Hence, if this remains the same, then the altcoin’s value could climb to $0.059 or higher soon. 

JASMY price analysis
JasmyCoin Daily Analysis. Source: TradingView

On the other hand, if profit-taking comes into play, this might not happen, and the token could drop to $0.043.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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TRUMP Meme Coin Ignores $307M Unlock, Bearish Trend Holds

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The TRUMP meme coin has struggled to regain momentum, dropping nearly 5% over the past seven days and trading below the $10 mark for the last 16 consecutive days. Despite a major $307 million token unlock, the market response has been muted, and technical indicators continue to point toward weakness.

BBTrend has flipped back into negative territory, the Ichimoku Cloud shows sustained bearish pressure, and EMA lines remain tilted to the downside. Overall, TRUMP appears stuck in a broader downtrend, with no clear signs of reversal for now.

TRUMP Momentum Reverses as BBTrend Drops to -6.93

TRUMP’s BBTrend has sharply dropped to -6.93, a notable decline from its recent positive reading of 2.35 just two days ago. Between April 13 and April 16, the BBTrend briefly turned positive, suggesting a short-lived recovery in trend strength.

However, the quick reversal back into negative territory points to renewed weakness and fading momentum.

This sharp swing signals that whatever bullish attempt emerged during the weekend has likely lost traction, with sellers once again gaining control.

TRUMP BBTrend.
TRUMP BBTrend. Source: TradingView.

The BBTrend, or Bollinger Band Trend, gauges the strength and direction of a price trend by measuring the expansion or contraction of Bollinger Bands.

Positive values typically suggest strong trend formation—whether upward or downward—while negative values reflect contracting volatility and fading trend strength. With TRUMP now sitting at -6.93, the indicator shows that the market may be losing direction and entering a phase of uncertainty or potential downside drift.

Unless BBTrend shifts back into positive territory soon, TRUMP meme coin could face increased pressure and continued instability in the short term.

TRUMP Remains Bearish Below the Ichimoku Cloud With No Sign of Reversal

TRUMP meme coin is currently trading below the Ichimoku Cloud, which signals a bearish outlook according to the indicator.

The price has failed to reclaim the cloud in recent days, and the flat nature of the Senkou Span B (the lower boundary of the cloud) reinforces the idea of strong overhead resistance and weak momentum.

The Tenkan-sen (blue line) remains below the Kijun-sen (red line), further supporting the ongoing bearish trend. Short-term price action continues to lag behind longer-term averages.

TRUMP Ichimoku Cloud.
TRUMP Ichimoku Cloud. Source: TradingView.

Additionally, the cloud ahead is thin and flat, suggesting that volatility may remain low and that the current trend lacks strength.

The Kumo (cloud) does not show signs of expansion, meaning a strong breakout in either direction is not imminent.

For now, with TRUMP stuck below the cloud and no clear bullish crossover between the Tenkan-sen and Kijun-sen, the bias remains tilted to the downside unless a decisive shift in momentum takes place.

TRUMP Faces Bearish Pressure Despite $307 Million Unlock

Despite a substantial $307.64 million token unlock, TRUMP meme coin has shown little reaction, with sentiment and price action remaining largely unchanged.

The EMA lines continue to point toward a bearish trend, as the short-term averages remain positioned below the long-term ones—reflecting sustained downside pressure.

If this trend persists, TRUMP could soon retest a key support zone, which may determine whether the token stabilizes or sees deeper losses. The lack of a bullish response to the unlock adds to concerns that market confidence is currently weak.

TRUMP Price Analysis.
TRUMP Price Analysis. Source: TradingView.

However, a trend reversal could shift the outlook. If buyers regain control and momentum builds, TRUMP meme coin could make a move toward resistance levels, with potential targets around $8.39 and $8.79.

A breakout above those would open the door for further gains toward $10.67, and if the bulls continue strongly, even a move to $12 is possible.

Still, with the EMAs tilted to the downside and no immediate sign of recovery, the burden remains on bulls to reverse the trend and reignite upward momentum.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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Solana (SOL) Price Rises 13% But Fails to Break $136 Resistance

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Solana (SOL) has climbed 13% over the past seven days, showcasing strong short-term performance. While momentum indicators like the RSI and EMA lines remain supportive, recent price action suggests that bullish strength may be stalling just below a key breakout point.

At the same time, the sharp drop in BBTrend indicates weakening trend strength and fading volatility, often a sign of incoming consolidation or market indecision. With technicals at a crossroads, SOL’s next move will likely depend on whether buyers can regain control or if a broader pullback begins to unfold.

SOL RSI Rises Sharply, but Pause in Momentum Signals Caution

Solana’s Relative Strength Index (RSI) is currently at 60.35, marking a noticeable rise from 45 just two days ago.

This jump signals growing bullish momentum, although the RSI has remained stable since yesterday, suggesting that upward pressure may be easing for now.

The increase reflects renewed buying interest in recent sessions, pushing SOL closer to overbought territory but not quite there yet. This leveling off could indicate that the market is taking a breather before deciding its next move.

SOL RSI.
SOL RSI. Source: TradingView.

The RSI is a momentum oscillator that measures the speed and magnitude of price movements, ranging from 0 to 100. Values above 70 typically indicate that an asset is overbought and may be due for a pullback, while readings below 30 suggest oversold conditions, potentially signaling a buying opportunity.

With Solana’s RSI at 60.35, the asset is approaching bullish territory but hasn’t yet entered an extreme zone.

This positioning suggests that while recent momentum is positive, SOL could face some short-term consolidation or resistance before continuing higher—unless strong buying interest resumes and pushes the RSI closer to overbought levels.

SOL Trend Strength Weakens as BBTrend Falls Below 6

Solana’s BBTrend indicator is currently at 5.69, a significant drop from the 17.5 reading observed just four days ago.

This sharp decline suggests that volatility around SOL’s price has cooled notably, and the strength of the prior trend is weakening.

While BBTrend doesn’t signal direction on its own, the drop indicates that the strong movement, likely bullish, has lost momentum, and SOL may be entering a phase of consolidation or uncertainty.

SOL BBTrend.
SOL BBTrend. Source: TradingView.

BBTrend, short for Bollinger Band Trend, measures the strength of a price trend based on the expansion or contraction of Bollinger Bands.

Higher values suggest a strong, directional move (either up or down), while lower values point to weaker trends and reduced volatility. With BBTrend now at 5.69, Solana is in a much less volatile environment, which often precedes a breakout or a reversal.

For now, this reading signals that the recent momentum is fading. Unless volatility picks up again, SOL’s price may remain range-bound in the short term.

Golden Cross Looms for SOL, But $136 Barrier Still Holding Strong

Solana’s EMA lines continue to reflect a bullish structure, with the short-term average trending above the long-term one—suggesting that positive momentum remains intact.

A potential golden cross is also forming, which, if confirmed, would further reinforce the bullish outlook.

However, despite this favorable setup, Solana price has struggled to break through the $136 resistance level over the past few days, indicating that buyers may be losing steam at this key threshold.

Tracy Jin, COO of MEXC told BeInCrypto:

“Amid widespread volatility, Solana has stood out with notable strength. A combination of favorable technical setups and institutional tailwinds — such as the launch of the first spot Solana ETFs in North America — has helped drive a short-term rally. The token’s reclaim of leadership in decentralized exchange activity and rising total value locked further support the bullish case.”

SOL Price Analysis.
SOL Price Analysis. Source: TradingView.

If SOL manages to push above $136 with strong volume, it could open the path toward the next targets at $147 and potentially higher. But if the current momentum fades and the price reverses, a test of support at $124 becomes likely.

About Solana next moves, Jin told BeInCrypto:

“Despite recent gains, SOL’s near-term outlook remains sensitive to broader liquidity conditions. Any deterioration in market confidence — whether from macro shocks or renewed volatility in Bitcoin — could cap upside potential.”

A breakdown below that could accelerate losses toward $112, and in the event of a deeper correction, SOL could even revisit the $95 region.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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Pi Network Roadmap Frustrates Users Over Missing Timeline

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Pi Network released its Mainnet Migration Roadmap today. The roadmap lays out a three‑phase plan to move tens of millions of Pioneers who are still waiting to be moved to the open network. It also introduces new rewards, such as referral bonuses. 

However, unlike most project roadmaps, Pi network didn’t provide any estimated date or timeline. This lack of clarification has frustrated early adopters who still await key rewards and clarity on rollout pacing.

Pi Network’s Three‑Phase Migration Plan

According to the roadmap, Pi Network will first complete initial migrations for Pioneers already in the queue. This batch covers verified base mining rewards, Security Circle contributions, lockup commitments, utility‑app usage rewards, and confirmed Node rewards for some operators.

After clearing the first wave, the team will tackle second migrations, adding all referral mining bonuses linked to KYC‑verified team members. Pi says these referral rewards will follow once the current queue finishes.

Finally, the network will move into ongoing periodic migrations—potentially monthly or quarterly—to process any remaining bonuses and rewards. 

The cadence “is to be determined,” the roadmap notes.

Community Concerns and Critical Gaps

A thorough observation reveals several gaps and potential concerns in the roadmap. 

For one, the plan never discloses how many Pioneers remain in the queue or the network’s daily migration capacity. Without those figures, users can’t predict when their own migration will occur.

Node operators report that some “confirmed Node rewards” have landed, but criteria for qualification remain opaque. Early node runners worry they may miss out without clear benchmarks.

Many Pioneers say they have tapped their claim buttons daily since migration opened yet still lack basic mining rewards. They question whether those base rewards and deferred referral bonuses will ever arrive in phase two.

Also, the roadmap admits the UI’s “Transferable Balance” underestimates actual migrated amounts to save resources. Users fear this pessimistic display could erode trust if their true balances remain hidden.

“I thought we were mining all of these PI coins this whole time? I thought the security circles were the Consensus Mechanism. It kinda seems to me like there isn’t a blockchain, and never was one. What kind of “Blockchain protocol” would “Require” all tokens to be minted at genesis?” one community member wrote.

Crucially, Pi offers no audit or error‑resolution process for users who spot mismatches in their historical mining data. 

Given six years of complex records, occasional disputes seem inevitable, but the roadmap remains silent on redress.

All migrations hinge on KYC completion, yet the team omits any scaling targets or timelines for identity verification. A bottleneck here could stall every subsequent phase.

The schedule also ignores how major token unlock events—such as the roughly 108.9 million PI tokens due to release this month—will align with migration waves. 

pi network price chart
PI Monthly Price Chart. Source: TradingView

Finally, some Pioneers challenge the project’s foundational narrative. They note that Pi’s statement “all tokens were minted at genesis” contradicts six years of “mining.” 

This raises doubts about whether Pi ever operated on a true blockchain protocol.

In the past month, PI price has dipped by over 45%. To sustain momentum and community trust, the team must now supply concrete timelines, transparent criteria, and clear audit paths for its Mainnet migration.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.





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