Crypto Market Movers in the Last 6 Hours: SHELL, BCH, ETHFI, BB, PENGU, KAITO

SHELL +18.73%

SHELL token recently surged following its listing on Binance, with a 31.13% increase reported over 24 hours and a new all-time high reached shortly after launch in February 2025. The token also benefits from inclusion in Binance’s HODLer airdrops program, incentivizing BNB holders to engage with SHELL.

#SHELL is a newly launched project focused on expanding its ecosystem rapidly through strategic exchange listings and community rewards. The Binance listing has significantly boosted its visibility and trading volume, positioning SHELL as a promising utility token in the DeFi space.

Given the strong momentum from the Binance listing and ongoing airdrop incentives, SHELL’s price is likely to continue rising in the near term. However, investors should watch for potential volatility as initial hype stabilizes.

BCH (Bitcoin Cash) +16.26%

Bitcoin Cash (BCH) has shown bullish momentum after breaking out of a long-term downtrend and surpassing key resistance at $378.20. The token is currently trading around $375–$380 following a 10% surge alongside other legacy cryptocurrencies.

#BCH remains a major player in the cryptocurrency market with strong community support and ongoing development aimed at improving transaction speed and scalability. Recent price action indicates renewed investor confidence and potential for further gains.

If BCH maintains above the breakout level, it could test the $400 mark soon. A sustained rally is possible but depends on broader market conditions and Bitcoin’s price movements.

ETHFI +15.99%

ETHFI, the governance token of the Etherfi ecosystem, has experienced a 5.31% decline in the last 24 hours despite ongoing interest in its decentralized finance platform. The token plays a crucial role in governance and incentivization within its network.

#ETHFI aims to build a robust DeFi infrastructure with community-driven decision-making processes. While short-term price dips have occurred, the project’s fundamentals remain intact as it prepares for future ecosystem expansions.

Given current market volatility and recent price drops, ETHFI may face further downward pressure before stabilizing. Long-term prospects depend on successful adoption of its governance model.

BB (BounceBit) +15.38%

BounceBit’s BB token rose by approximately 5.44% over the past 24 hours amid growing interest in scalable and composable blockchain solutions. The circulating supply stands at about 522 million tokens, supporting active trading volume increases.

#BB focuses on providing scalable infrastructure for decentralized applications with an emphasis on composability and user experience improvements. Market anticipation of a potential altcoin rally similar to 2016 has also contributed to BB’s recent gains.

If broader altcoin momentum continues, BB could see further appreciation; however, caution is advised as market conditions remain unpredictable. A steady rise toward $0.12–$0.15 appears plausible if positive sentiment persists.

PENGU (Pudgy Penguins) +15.05%

The PENGU token linked to Pudgy Penguins NFTs experienced significant volatility with a whale sell-off of 33%, causing over a 50% drop in value recently. Despite this, there are signs of bullish recovery attempts with intermittent price increases around 3–4%.

#PENGU is tied to one of the popular NFT collections aiming to leverage community engagement through tokenomics linked to digital collectibles. The recent sell-off reflects profit-taking by large holders but does not necessarily indicate long-term weakness.

Price recovery is possible if demand for Pudgy Penguins NFTs rebounds; however, volatility will likely continue until clearer market direction emerges. Investors should monitor whale activity closely before committing further capital.

KAITO +13.46%

KAITO token surged over 40% recently amid rising investor interest fueled by new developments and increased visibility in crypto markets. This rally coincided with other positive news such as Maple Finance’s SYRUP token gaining over 50% on Binance listings.

#KAITO is gaining traction as part of emerging DeFi projects attracting attention through innovative features and strategic partnerships. The surge reflects growing confidence among traders anticipating further growth potential.

If momentum continues alongside broader market optimism for DeFi tokens, KAITO could sustain upward movement beyond current levels. However, sharp corrections remain possible given crypto market volatility.

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Featured image created with DALL-E
Eric Martinez

Eric Martinez

DeFi & Web3 Correspondent

Eric is at the forefront of decentralized finance and Web3 innovation. Through interviews with founders and hands-on experimentation with emerging platforms, Eric explores how blockchain technology is reshaping finance, governance, and digital ownership. His investigative reporting has uncovered both promising projects and potential pitfalls in the rapidly evolving DeFi space.