First Week of January 2025 Biggest Altcoins: FARTCOIN, SPX, ENA
Three altcoins are in the spotlight this week, with Fartcoin (FARTCOIN), SPX6900 (SPX) and Athena (ENA) delivering impressive performances. FARTCOIN, a rising star in the meme coin space, has surged 67% in the past seven days, hitting new all-time highs and securing its spot as the fifth largest meme coin on Solana.
The SPX hit a new all-time high with a market cap of $1.22 billion, up 63 percent this week, although trading volume was slightly lower. Etena (ESA) gained 37 percent following the release of its 2025 roadmap.
Fartcoin (FARTCOIN)
FARTCOIN, originally launched on Pump.fun, now has a market cap of $1.4 billion and has seen a 67% increase in the past seven days. The coin has consistently hit new all-time highs in recent weeks, solidifying its position as the fifth largest Mame coin against Solana.
Its EMA lines remain bullish, indicating potential upside. If the uptrend continues, FARTCOIN may test the $1.61 resistance, and a breakout may push the price to $1.7 or even $1.8.
However, if the support at $1.299 fails to hold, a sharp correction is likely, which could push the price to $0.92 and below the $1 mark.
SPX6900 (SPX)
SPX hit a new all-time high, with a market cap of $1.22 billion, placing it among the 100 largest altcoins. The coin has seen a 63% gain in the last 7 days, showing strong bullishness despite a 27% drop in trading volume in the last 24 hours.
If the advance continues, the SPX could move higher to test the $1.40 and $1.50 resistance levels for the first time. However, if the trend reverses, the SPX could retest its recent strong support at $0.93.
A break below this level could trigger further declines, pushing the price towards $0.819 or even $0.615.
Athena (ESA)
Athena, the Ethereum-based platform for synthetic dollars, has emerged as one of the top-performing altcoins this week.
The roadmap to 2025 includes the Telegram payment app and the TradFi adoption plan that has fueled investor interest.
With a market cap of $3.77 billion, ESA is now down 19% from its previous all-time high. If the uptrend continues, ENA could break the $1.32 resistance and come close to testing the all-time high of $1.50.
However, if momentum eases, ESA could retest the $1.12 support level, and failure to hold it could send the price down to $1.01.
Disclaimer
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