Why These 3 Altcoins Are Beating Bitcoin and Ethereum

Top altcoins Tron, Fetch.ai, and Sui are outperforming Bitcoin and Ethereum. These top altcoins have shown big gains while the broader crypto market stagnates.

Also Read: How to Add WETH to MetaMask?

Top Altcoins That Outperformed Bitcoin and Ethereum

1. Tron (TRX) – Surges on SunPump Platform Success

Tron’s TRX token has risen 20% in 30 days. This surge comes from SunPump, a new Tron-based memecoin launchpad.

SunPump has created over 75,750 memecoin projects since August. These projects generated about 30.50 million TRX in revenues.

But Tron’s rally is slowing down. Its price dropped 12% recently. This happened as its rising price didn’t match its falling momentum.

2. Fetch.ai (FET) – Rides the AI Wave

Fetch.ai’s FET token grew 30%, beating Bitcoin and Ethereum. This growth follows renewed interest in AI cryptos after Nvidia’s strong Q2 earnings. Big investors are buying back Fetch.ai tokens. This shows growing confidence in the project.

The price of $FET has surged 70% in the past 7 days!

A whale seemed to regret selling before and spent 2.385M $USDT to buy 1.79M $FET back from #Binance at a higher price of $1.33 6 hours ago

This whale sold 2.33M $FET for 2.385M $USDT at $1.02 from Aug 11 to Aug 23…

Lookonchain

FET’s rise is backed by real progress. They launched an Innovation Lab in San Francisco. Also, QConnect is now using Fetch.ai tech for travel planning. These moves show Fetch.ai’s expanding real-world use.

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3. Sui (SUI) – Gains Momentum with New Consensus Engine

Sui’s SUI token jumped 40% in 30 days. This jump is tied to Mysticeti, Sui’s new consensus engine. Mysticeti aims to make the blockchain faster.

Sui also announced a bridge incentive program, boosting interest in its ecosystem.

More SUI tokens are now locked in the ecosystem. This rise in total-value-locked (TVL) happened in August. But Sui’s price chart shows a rising wedge pattern. If this pattern breaks down, Sui could fall to $0.45.

Also Read: Can Cardano (ADA) Get Back Into The Top Ten This Weekend?

These top altcoins have grown a lot. But the crypto market is still very unpredictable. Both investors and our team are watching the situation closely to see if these trends will continue. We’ll keep you posted!