Bitcoin dropped below $83,000 on Sunday as the crypto market continues its downward trend, yet several altcoins like Ancient8 and Apu Apustaja have turned bullish.
A8 has surged 160% in the past day, trading at $0.259 from a low of $0.09628. This massive price movement follows Bithumb’s listing of A8 several months ago.
The South Korean exchange, one of the largest in Asia, appears to have created a delayed effect as attention turns toward the token.
Market analysts point to three key factors behind this surge: increasing global attention, growing adoption rates, and a combination of strong holders and new market entrants. Beyond these market factors, there have been no major project developments to explain the sudden price jump.
Second on CoinGecko’s top gainers list, APU has climbed 85% over the last 24 hours, reaching $0.0002479 from $0.0001325. The meme coin has also been trending on X recently. However, like many meme coins experiencing sudden pumps, there are no fundamental updates or developments behind the price movement.
Third on the list, ROAM Token has seen a 41% increase in the past day, moving from $0.136 to $0.1917.
The DePIN (Decentralized Physical Infrastructure Network) project, which focuses on creating an open wireless network through OpenRoaming and eSIM technologies, recently received a shoutout from Solana’s (SOL) official X account.
Adding to its surge, ROAM announced it has reached a milestone of 2 million nodes globally, showcasing the growing adoption of its decentralized network infrastructure.
Despite these isolated bright spots, the overall crypto market continues its correction phase.
Bitcoin’s (BTC) drop to $82,471 shows ongoing selling pressure that has affected most major cryptocurrencies.
At the same time, Ethereum (ETH) has also dropped to the $1,900 level.
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