Crypto Movers in the Last 6 Hours: SCRT, HIFI, QNT, REQ, TURBO
SCRT (Secret Network) +8.85%
SCRT has shown mixed signals recently, with a 12% growth spike followed by a 2.81% decline in the last 24 hours. The token is primarily used to pay transaction fees on the Secret Network, which focuses on privacy-preserving smart contracts.
#SCRT has faced selling pressure indicated by technical analysis pointing to a double top breakout and warnings that a drop below $5 could be bearish. Despite recent volatility, the network’s privacy features continue to attract investor interest.
Given the current technical resistance and liquidation events, SCRT’s price may face downward pressure unless it stabilizes above key support levels. Cautious traders should watch for confirmation before expecting further upward momentum.
HIFI (HiFi Finance) +8.53%
HIFI token has surged dramatically by over 200% in the past week and gained 3% in the last 24 hours despite warnings from South Korea’s Upbit exchange. The token plays a governance role within the HiFi Finance ecosystem, offering holders various platform benefits.
#HIFI’s rapid price increase reflects growing investor enthusiasm around its decentralized finance offerings and governance incentives. However, regulatory scrutiny from major exchanges like Upbit introduces risk factors that could impact future price stability.
While momentum remains strong for HIFI, traders should be wary of potential corrections due to regulatory pressures. The token could either consolidate gains or experience volatility depending on broader market sentiment and exchange policies.
QNT (Quant) +5.88%
QNT has posted modest gains of 1.40% in the past day, with its price at $86.70 and an RSI indicating overbought conditions at 70.99. The token outperformed major cryptocurrencies recently with an 8.5% surge, fueling speculation of a continued bull run.
#QNT is known for its interoperability solutions connecting different blockchain networks, which has garnered strong institutional interest. Market experts suggest that the current bullish trend could persist through 2025 given Quant’s strategic positioning.
Despite short-term overbought signals warning of a possible pullback, QNT’s fundamentals and market sentiment support further upside potential. Investors might expect gradual price appreciation towards $104 if momentum holds.
REQ (Request Network) +5.5%
REQ has experienced a modest 1.36% increase in the last 24 hours after a volatile period including a 492% surge in August 2023 followed by stagnation. The token powers an open-source payment protocol focused on secure and decentralized transactions.
#REQ’s price fluctuations reflect ongoing development challenges and market uncertainty despite its promising use case in simplifying payment requests on blockchain networks. Recent minor gains suggest cautious optimism among investors.
The outlook for REQ remains mixed; while long-term adoption could drive value higher, near-term price action may remain subdued without significant catalyst events. A steady recovery toward $0.24 next year is plausible if momentum builds.
TURBO +4.98%
TURBO coin surged impressively by over 22% in one day and continues to recover from lows seen earlier this month. Currently trading around $0.0055, TURBO’s rally is attracting attention amid broader memecoin market activity.
#TURBO benefits from strong community engagement typical of meme coins and recent positive sentiment fueled by presale excitement and social media buzz. This momentum has helped it sustain a notable price rebound over the past two weeks.
If TURBO maintains its current trajectory supported by community interest, further gains are possible in the near term. However, as with many meme tokens, volatility remains high and investors should prepare for potential sharp corrections.
