Crypto Market Movers: GIGGLE, SOPH, CHZ, NEWT Surge in Last 6 Hours
GIGGLE +24.47%
GIGGLE token has experienced a notable surge, climbing 24% and surpassing a $1.5 billion market capitalization. The token briefly broke above $143 with a 24-hour trading volume hitting $443 million.
#GIGGLE is a BEP-20 token powering Giggle Academy, a charitable platform offering free gamified education. Recently, Binance completed the GIGGLE token distribution and announced increased fees, while co-founder He Yi revealed plans for the token to enter a deflationary mode, potentially reducing supply and supporting price appreciation.
Given the strong volume and deflationary outlook, GIGGLE’s price is likely to continue rising in the near term, though investors should watch for volatility warnings. A cautious target would be a sustained move above $150 if momentum holds.
SOPH +12.83%
Sophon (SOPH) has surged approximately 36-40% in the last 24 hours amid heightened trading activity. The token is currently trading around Rs 0.79 MUR and BZ$ 0.03 BZD in respective local currencies.
#SOPH’s recent rally coincides with broader altcoin gains following a Japanese rate hike that boosted crypto markets. Traders are eyeing a breakout at 0.0465 USD after a 7% intraday surge, reflecting growing community interest despite some cautious staking sentiment.
With positive macro tailwinds and technical momentum, SOPH appears poised for further upside in the short term. However, market volatility could temper gains, so a consolidation near current levels before another leg up is possible.
CHZ +9.38%
Chiliz (CHZ) has seen a price increase of nearly 24% over the past day, contributing to its ongoing bullish trend ahead of major sports events. The token is well-known for powering Socios.com, a fan engagement platform launched in 2018.
#CHZ aims to connect sports teams with their fans through blockchain technology. The recent surge reflects anticipation around upcoming UEFA Euro events and parallels past pre-tournament rallies that revived interest in sports-related tokens.
Given its strong use case and event-driven momentum, CHZ is likely to maintain upward pressure in the near future. A cautious forecast would expect prices to test new highs but remain sensitive to broader market conditions.
NEWT +8.3%
Newton Protocol (NEWT) has shown modest price movement with a slight increase of 0.14%, currently trading at approximately $0.0935. Trading incentives such as rewards and lucky draws are active within its ecosystem.
#NEWT focuses on contract token trading and community engagement through reward programs like GOHOME tokens and slot draws with prize pools up to $4,000 USDT. These initiatives aim to boost user participation and liquidity.
The minimal price change suggests limited immediate momentum; however, ongoing promotional activities could spark renewed interest. Price may remain stable or see gradual gains if reward programs successfully attract traders.
