Crypto Surge Alert: BANANAS31, WCT, ERA, ALLO Rally in Last 6 Hours
BANANAS31 +35.59%
BANANAS31 token recently surged 22.01% within 24 hours, hitting a high of $2.5264 amid a spike in trading volume surpassing $5.75 million. This sharp rebound follows a prior 59% decline, indicating strong recovery momentum.
#BANANAS31 is gaining traction partly due to a trading campaign hosted by AstherusEX on the BNB Chain, which offered $5,000 in prizes for trading its perpetual contract. The token’s recent price action suggests renewed investor interest and speculative enthusiasm within the meme token space.
Given the current momentum and increased volume, BANANAS31 could see further short-term gains if buying pressure sustains. However, the token’s volatility and previous steep drop warrant caution; a pullback remains possible if market sentiment shifts.
WCT (WalletConnect Token) +20.53%
WCT token experienced a notable 40% price increase recently after a period of decline linked to key token unlocks. The surge coincides with its launch on Solana, complementing earlier deployments on Ethereum and Optimism networks.
#WCT has benefited from heightened social media attention, with mentions on Twitter/X rising by 300% over 48 hours. This buzz reflects growing community engagement and optimism about WalletConnect’s expanding multi-chain presence and utility.
If social momentum continues and adoption grows across chains, WCT’s price could maintain upward trajectory. Still, investors should monitor for potential volatility given past declines tied to unlock events.
ERA (Caldera) +15.8%
The ERA token surged approximately 80-85% following listings on major exchanges including Binance and a significant airdrop event that boosted demand. Price fluctuated between $0.2209 and $0.254 in the last 24 hours.
#ERA is part of Caldera’s ecosystem building a RaaS (Robotics as a Service) platform, which has attracted investor interest due to its innovative approach and exchange exposure. The recent rally reflects positive market sentiment around these developments.
With strong exchange support and ongoing project milestones, ERA appears positioned for continued growth in the near term. However, investors should watch for profit-taking after such rapid gains.
ALLO (Allora Network) +11.5%
ALLO token debuted recently on Binance and Coinbase but faced a sharp 35% price dip on launch day amid heavy selling volume. Subsequently, it plunged further by 56% post-airdrop, raising concerns about initial hype versus sustainable demand.
#ALLO aims to create a Proof-of-Intelligence Layer where AI models learn collaboratively, positioning itself uniquely in the AI-blockchain intersection. Despite ambitious goals, early price action indicates market skepticism or overextension at launch.
The current downtrend suggests ALLO may continue to face downward pressure unless it can demonstrate tangible progress or renewed investor confidence soon. Caution is advised for short-term traders.
