3 Altcoins that attracted analysts’ attention amid the crypto market changes in early May 2025!
Jakarta, Pintu News – The cryptocurrency market is always full of interesting dynamics to follow. This week, several altcoins showed significant movement, which may be of interest to investors and market watchers. From Bitcoin (BTC), which is always a market barometer, to promising new tokens such as Virtuals Protocol (VIRTUAL), here is an in-depth look at three cryptocurrencies worth keeping an eye on.
1. Bitcoin (BTC): Maintaining Dominance in the Market
Bitcoin (BTC) continues to be the market leader with a current price of $94,588, despite a 1.25% drop in the last 24 hours. Analysts remain optimistic about the future of Bitcoin (BTC), especially if it can break the $97,000 level. If successful, Bitcoin (BTC) could potentially return to the $100,000 price, which was last reached in early 2025.
Ali Martinez, a crypto analyst, suggested that Bitcoin (BTC) is testing support at $95,000. If this level does not hold, the price could correct towards $92,000. Meanwhile, institutional interest in Bitcoin (BTC) continues to rise, as seen by 17 days of uninterrupted inflows into BlackRock’s iShares Bitcoin Trust (IBIT), totaling nearly $2.5 billion last week.
Also Read: BONK Freefalls 8% in 24 Hours: Check out the Price Levels that Can Prevent Further Declines!
2. Ripple (XRP): Price Fluctuations and New Hope
Ripple (XRP) is currently at $2.18, down 1.66% in the last 24 hours. Despite a 6.80% decline in the past week, Ripple (XRP) briefly touched $3, which was its highest peak in almost seven years. This has rekindled optimism among investors.
Ripple (XRP) trading volume increased by 16.71% to $3.39 billion, indicating increased market participation. However, open interest, which is a measure of unsettled futures contracts, slightly decreased by 2.73% to $3.59 billion. This signals caution and consolidation among derivatives traders. Additionally, CME Group is scheduled to list cash-settled Ripple (XRP) futures on May 19, which could bring more legitimacy and institutional access to the asset.
3. Virtuals Protocol (VIRTUAL): A Rising Star in the World of Crypto and AI
Virtuals Protocol (VIRTUAL), one of the new names gaining a lot of attention, is now trading at $1.82, up 10.3% in the last 24 hours. In the last month, Virtuals Protocol (VIRTUAL) has risen over 200%, making it one of the best performers in the AI-driven crypto space.
With a market capitalization of $1.17 billion, Virtuals Protocol (VIRTUAL) is now among the top 70 cryptocurrencies by value. The initiative has managed to catch the attention of investors with a focus on empowering users to develop, sponsor, and invest in AI agents. Analysts are optimistic about the trajectory of Virtuals Protocol (VIRTUAL), with estimates that the price could reach $2.07 by the end of May and possibly go up to $2.49 if the positive trend continues.
Conclusion
With its ever-changing dynamics, the cryptocurrency market offers unique opportunities and challenges. Investors who pay attention to price movements, breaking news, and in-depth analysis may find opportunities to optimize their portfolios. The three cryptocurrencies discussed above offer different perspectives of future growth potential, both in the short and long term.
Also Read: Ethereum Hangs Above $1,770: Can It Reach $2,030 Next?
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.