Happy Cat (HAPPY), Strategic Bitcoin Reserve (SBR), and Major Frog (MAJOR) are making waves in the crypto world. Launched recently, HAPPY on Solana has a market cap of $25 million, while SBR on Ethereum reached $10 million.

MAJOR, also on Solana, surged 361% in 24 hours, bringing its market cap to $11 million. All three coins show strong momentum, with potential for further growth.

Happy Cat (HAPPY)

Launched on Thursday, HAPPY is rapidly gaining traction as a notable meme coin in the Solana ecosystem, boasting over 34,000 daily transactions.

With a market cap of $25 million, HAPPY has drawn significant attention. If the momentum continues, hitting the $50 million milestone could be the logical next step. The coin already has a base of more than 174,000 holders.

The Relative Strength Index (RSI) for HAPPY currently reads 57.42, suggesting that it’s not in overbought territory. This indicates that there may still be potential for growth, as the RSI remains comfortably below the overbought level of 70.

Strategic Bitcoin Reserve (SBR)

The Strategic Bitcoin Reserve (SBR), launched just a day after Donald Trump’s election as president of the United States, is quickly gaining traction. Hosted on the Ethereum blockchain, and tradable on Uniswap, SBR has already amassed an impressive following, with nearly 1,700 holders and transaction volume of approximately 4,300 per day.

This swift adoption indicates a growing interest in SBR, positioning it as a noteworthy player in the decentralized finance space.

SBR recently achieved a market cap of $10 million, marking an important milestone for the token. If this level is maintained and subsequent resistance points are broken, SBR has the potential to climb further, targeting a market cap of $20 million.

Technically, the current Relative Strength Index (RSI) for SBR stands at 55.64, which is still below the overbought threshold. This suggests that there may be additional room for upward movement before the possibility of a strong correction arises, indicating potential opportunities for new investors.

Major Frog (MAJOR)

MAJOR, a new token launched on the Solana blockchain just a few days ago, is also starting to capture attention. After trading sideways for its initial few days, MAJOR experienced a remarkable surge, rising by 361% in 24 hours.

This explosive movement has brought its market cap to approximately $11 million, reflecting the growing enthusiasm around the project. As of this writing, MAJOR’s holder count stands at nearly 1,600, signaling early but robust adoption in its initial phase.

Read more: 11 Top Solana Meme Coins to Watch in November 2024

With almost 10,000 transactions per day, MAJOR’s activity level is steadily increasing, indicating heightened interest and active trading.

The token’s Relative Strength Index (RSI) is presently at 62, still below the overbought level, suggesting there might be additional room for growth before any major correction occurs. This leaves the door open for further gains as traders and investors continue to pile in, attracted by the rapid price appreciation and underlying momentum.

Notcoin (NOT) has been in a persistent downtrend since June, facing significant price declines. However, recent developments suggest a potential turning point for this Telegram-based cryptocurrency. 

A notable 25% rally has sparked optimism, providing NOT traders with a much-needed boost. This upward momentum could signal a shift as positive sentiment grows within the Notcoin community.

Notcoin Has Considerable Support

Over the past month, Notcoin’s funding rate has remained consistently positive, reflecting a generally optimistic outlook among traders. Despite NOT’s declining price in October, traders held firm, maintaining their positions as funding rates indicated a strong conviction. This resilience in the face of price declines suggests that Notcoin enthusiasts are confident about a potential recovery, indicating stable long-term support from the community.

Such sustained optimism is a promising sign for NOT’s future. The positive funding rate, coupled with recent price action, suggests that investors believe in Notcoin’s potential for a turnaround. If this sentiment continues, it could provide the stability necessary for NOT to build on its recent gains and overcome resistance levels.

Notcoin’s macro momentum is beginning to show strength, supported by technical indicators such as the Relative Strength Index (RSI). The RSI is currently gaining bullish momentum, suggesting that buying interest is on the rise. However, to sustain this growth, NOT needs to turn the neutral line at 50.0 on the RSI into a support level. 

Achieving this support on the RSI would signal sustained bullish strength, encouraging additional investor interest. For NOT to maintain its recent rally, this level of momentum must be sustained. Without a firm foundation, Notcoin may struggle to hold on to its current gains, emphasizing the importance of consistent growth indicators.

NOT Price Prediction: Recovering Losses

Notcoin’s price surged by 25% during today’s intra-day high, rebounding from the recent support level of $0.0057. This uptick reflects growing buying pressure, and the altcoin is now looking to continue this momentum with hopes of reaching higher targets.

The broader market’s bullish sentiment could aid Notcoin’s progress, provided investors resist the urge to book profits too soon. If successful, NOT’s target is to flip the resistance at $0.0094 into a support level, solidifying its position and potentially enabling further gains.

However, Notcoin has previously struggled to close above the $0.0083 resistance level. Another failed breach at this price point could prompt a pullback toward $0.0070. A drop below this level would invalidate the current bullish outlook, potentially pushing NOT back to its recent support of $0.0057, which would signal a return to the downtrend.

On November 8, the administrator overseeing FTX’s bankruptcy filed more than 20 new lawsuits, ramping up legal actions against several entities.

These lawsuits indicate a concerted effort by FTX to recover assets from multiple companies and individuals. Since November 2022, the FTX Debtors have filed 51 adversary actions, with 30 of them occurring in recent weeks.

FTX Targets $1 Billion in Losses With New Lawsuits

According to documents from the FTX bankruptcy docket, most of the latest filings address various claims, including political contributions, the defunct exchange philanthropic efforts, investments, and allegations of market fraud and manipulation.

“FTX is going after dozens of left leaning groups for all the donations that were made fraudulently with customer money,” an FTX creditor stated.

Thomas Braziel, founder of 117 Partners, stated that FTX might reclaim some donations under US bankruptcy law. He noted that funds can be recovered if they were donated with fraudulent intent or lacked equivalent value. Also, donations made while the donor was insolvent are particularly at risk of being clawed back.

“Not all donations are immune. Bankruptcy trustees will look closely at the debtor’s intent, timing, and financial condition when deciding if a charitable transfer can be clawed back,” Braziel said.

In addition to the non-profits, the failed exchange legal team is pursuing other prominent figures and entities. The estate has filed a lawsuit against former White House Communications Director Anthony Scaramucci and his company, seeking damages of more than $100 million. Another suit targets the team behind Storybook Brawl, a video game that FTX co-founder Sam Bankman-Fried invested in and promoted.

FTX also filed a significant clawback lawsuit against Nawaaz Mohammad Meerun, known as “Humpy the Whale,” who allegedly caused over $1 billion in losses through market manipulation. Earlier this year, Humpy led a governance attack on the DeFi protocol Compound Finance, causing significant losses for the platform.

“Meerun also repeatedly violated FTX’s rules, forcing Alameda to take over Meerun’s risky positions and suffer hundreds of millions of dollars in additional losses. All told, FTX and Alameda suffered approximately $1 billion in losses due to Meerun’s crimes, and Meerun has used the proceeds of his exploits to fund a wide range of other criminal activity,” FTX alleged.

These legal actions reflect FTX’s increasing efforts to recover assets from numerous individuals and companies. Over the past week, the exchange has filed legal actions against major centralized exchanges like Crypto.com and KuCoin over funds belonging to the platform.