Crypto Surge Alert: Sapien, Terra Classic, Basic Attention Token, Zcash Rally in Last 6 Hours
Sapien (SAPIEN) +16.66%
Sapien is a decentralized social news platform aiming to reward content creators and users through blockchain technology. Its native token, SAPIEN, recently saw a significant price jump.
#SAPIEN surged by 31.5% in the past 24 hours, outperforming its 7-day gain of 21.1% and 30-day gain of 14.1%. This rally is supported by bullish technical indicators and increased exchange momentum, with BloFin Exchange reporting a 27.31% rise in SAPIEN against USDT. The surge reflects growing investor interest possibly tied to platform developments or broader market optimism around social tokens.
Given the strong momentum and positive technical signals, SAPIEN could continue its upward trajectory in the short term. However, volatility remains high, so a correction is possible if profit-taking intensifies. A near-term price target could be around $0.16 if bullish conditions persist.
Terra Classic (LUNC) +16.49%
Terra Classic (LUNC) is the original token of the Terra blockchain ecosystem, which experienced a major collapse in May 2022 but remains active with ongoing community-driven initiatives.
#LUNC has gained +12.14% in the last 24 hours amid heightened trading volume and anticipation of a massive 2.5 trillion token burn scheduled within the next 12 hours. This burn event aims to reduce circulating supply and potentially increase scarcity, which often drives speculative buying. The token’s recovery attempts continue despite its turbulent history.
The upcoming burn could act as a catalyst for further price appreciation if executed smoothly and well-received by the market. However, given LUNC’s past volatility and uncertain fundamentals, caution is warranted. A short-term price target might hover near $0.00004 if bullish momentum holds.
Basic Attention Token (BAT) +9.3%
Basic Attention Token powers the Brave browser ecosystem by rewarding users for attention and advertisers for engagement, integrating blockchain with digital advertising.
#BAT rose 7.13% over the past day, driven by bullish technical momentum and increased user growth on Brave Browser. Additionally, trading competitions have spurred short-term demand for BAT tokens. Despite some recent dips reported in other sources, BAT remains a key player in Web3 advertising solutions.
While BAT’s fundamentals remain solid due to growing adoption of Brave Browser, short-term price fluctuations are expected as market sentiment shifts. A moderate correction could occur before another upward push toward $0.27 if user growth continues steadily.
Zcash (ZEC) +7.2%
Zcash is a privacy-focused cryptocurrency offering shielded transactions to enhance user anonymity on the blockchain.
#ZEC experienced an extraordinary surge from $58 at the end of September to a peak near $750 recently—a roughly 12-fold increase—driven by heightened demand for privacy coins and speculative interest. Despite this massive rally, analysts warn of an imminent correction as sentiment indicators show extreme greed and overextension.
The ZEC price is likely to face downward pressure soon due to profit-taking and market cooling after such a rapid ascent. A pullback toward $200 has been forecasted by some analysts in coming weeks before any sustainable recovery can occur.
