Crypto Market Movers: METIS, ZBT, CFX, S Token Surge in Last 6 Hours
METIS +26.49%
METIS is an ERC-20 governance token operating on the Ethereum blockchain, primarily used for paying transaction fees within its ecosystem.
#METIS recently experienced a significant price surge following the announcement of a $360 million ecosystem development fund aimed at supporting new projects. The token jumped as high as 50%, fueled also by media attention linking it to Vitalik Buterin’s mother, which sparked additional investor interest. This rally highlights growing confidence in Metis’ Layer 2 scaling solutions and governance model.
Given the strong backing from ecosystem grants and ongoing project developments, METIS is likely to maintain upward momentum in the near term. However, investors should watch for profit-taking after such a rapid rise; a short-term correction could occur before further gains push prices beyond $30.
ZBT +11.3%
ZBT (ZeroBase Token) has gained 18.2% recently amid broader market enthusiasm and technical signals suggesting bullish momentum.
#ZBT’s rally follows a multi-week uptrend, although recent signs indicate some exhaustion near key resistance levels around $300–$310. Market participants are closely monitoring volume and breadth strength as the ZBT trading window closes this Friday, which could influence short-term price action.
The token’s near-term trajectory depends heavily on whether it can hold above support zones; failure to do so may trigger a pullback. If momentum sustains, ZBT could push higher, but cautious traders should prepare for potential volatility around the $310 mark.
CFX (Conflux) +11.18%
Conflux (CFX) saw a 7.26% intraday increase, trading above its 20-day moving average but still below the 50-day moving average, signaling mixed technical signals.
#CFX’s recent price action reflects short-term bullishness amid longer-term selling pressure. Despite the intraday gains pushing CFX to $0.0753, forecasts predict a possible decline of around 10% by the end of December 2025, with prices expected near $0.07026.
This suggests that while CFX may experience short bursts of upward movement, overall downward pressure could dominate in coming weeks. Traders should be cautious and consider the potential for further consolidation or decline before entering new positions.
S Token +9.49%
The S token has surged significantly due to CMCC Global’s launch of a $25 million Sonic ecosystem fund and upcoming fee monetization upgrades scheduled for Q1 2026.
#S Token’s trading volume jumped by 70% to $126 million following announcements about targeted incentive programs and a new system that will burn a larger portion of transaction fees. This supply tightening mechanism is expected to enhance scarcity and potentially drive prices higher over time.
With these fundamental catalysts in place, S token appears poised for continued growth. However, investors should monitor how effectively the fee burn system is implemented and whether market sentiment remains positive to sustain this rally beyond short-term spikes.
