MAROKO133 Breaking crypto: Filecoin, FET, NEAR Lead Select Altcoin Season Gains As Market

📌 MAROKO133 Breaking crypto: Filecoin, FET, NEAR Lead Select Altcoin Season Gains

Altcoin trading stayed selective on Friday, even as a handful of tokens logged strong advances against a cautious backdrop. The Fear and Greed Index hovered around 21, suggesting risk appetite remains thin despite new activity in sectors linked to AI, storage, and infrastructure.

Filecoin, Artificial Superintelligence Alliance’s FET, and Near Protocol each gained sharply, offering a narrow but telling view of where investors are concentrating during an uncertain phase of the cycle.

Filecoin Extends Rally on Ecosystem and AI Ties

Filecoin rose about 69% in 24 hours to around $2.34, lifting its market capitalization above $1.66 billion. The move follows a series of ecosystem upgrades and rising expectations ahead of developer events later this month.

The network recently introduced a gas fee cut of about 50%, which coincided with an increase in new deals and overall utilization.

The chain’s positioning in decentralized storage has become increasingly tied to AI and DePIN discussions. The combination of lower costs and real data workloads has helped traders view Filecoin as a platform that could anchor decentralized compute growth.

Market data also show deeper order books and rising open interest, an early indication that trading participation is extending beyond short-term speculation.

FET Gains From Renewed AI Momentum

Artificial Superintelligence Alliance’s FET traded near $0.32 after a 49% rise in 24 hours. The token, which links decentralized AI compute and automation services, continues to act as a liquid expression of AI enthusiasm within crypto.

FET Price (Source: CoinMarketCap)

The alliance’s integration of multiple machine learning projects under one token remains a key draw for traders who seek AI exposure without relying on equity markets.

The current flow resembles previous cycles of AI enthusiasm but now aligns more closely with infrastructure-backed narratives such as Filecoin’s. The shared theme of data, compute, and protocol-level utility has kept both assets near the top of watchlists heading into the weekend.

Near Protocol Tracks Onchain Activity

Near Protocol advanced about 26% to $2.5, continuing a steady climb that began earlier in the week. On-chain data show consistent user activity and growth in wallet counts, while recent reports have pointed to higher transaction throughput and continued integration of application-layer projects.

Traders have grouped NEAR alongside other large layer-one chains that demonstrate concrete network demand even during weak sentiment. Its inclusion in conversations around AI-compatible infrastructure has added to speculative interest, helping maintain liquidity in key trading pairs.

Altcoin Season in Fear

The Altcoin Season Index remains around 26, well below levels associated with wide participation. Despite that, targeted rallies in tokens such as Filecoin, FET, and Near suggest that capital is rotating selectively toward networks with real economic use cases and active development.

The following weeks in November will test whether enthusiasm for decentralized compute and AI-linked assets can expand beyond a few leaders or remain confined to isolated bursts of trading momentum.

If current liquidity holds while volatility eases into the weekend, these sectors may continue to attract attention even while most of the market stays risk-averse.

The post Filecoin, FET, NEAR Lead Select Altcoin Season Gains As Market Fear Persists appeared first on Cryptonews.

🔗 Sumber: cryptonews.com

📌 MAROKO133 Eksklusif crypto: 3 Altcoins To Watch This Weekend | November 8 – 9 Wa

The coming weekend is crucial for the crypto market as the fear of Bitcoin’s price falling below $100,000 is intensifying. This makes altcoins dependent not on broader market cues but on their own network developments.

BeInCrypto has analysed three such altcoins that the investors should watch this weekend.

Internet Computer (ICP)

ICP has emerged as one of the top-performing altcoins this week after the launch of Dfinity’s new AI tool, Caffeine. The no-language, AI-powered upgrade doubled the project’s subnet capacity to 2 TiB, enhancing performance for HIPAA-compliant decentralized applications and driving stronger investor interest in the network’s expanding AI ecosystem.

This surge in innovation fueled rapid demand, sending ICP’s price soaring 166% within a week. Currently trading at $7.80, the altcoin has broken past the $7.61 resistance, reaching a 10-month high. If bullish sentiment holds, ICP could rally further toward the $10.83 mark, extending its strong upward trajectory into the weekend.

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However, if investors begin taking profits after the steep rally, selling pressure may intensify. This could cause ICP’s price to decline to $6.05 or even lower to $4.67. A fall below these levels would invalidate the bullish outlook and erase much of the recent weekly gains.

Movement (MOVE)

Movement is preparing for a significant token unlock event in the next two days, with 50 million MOVE tokens worth over $2.90 million entering circulation. The sudden increase in supply amid subdued demand could amplify selling pressure.

The altcoin has been in a steady downtrend for the past month, and its strong 0.86 correlation with Bitcoin adds to market uncertainty. If MOVE follows Bitcoin’s bearish trajectory, its price could drop below the $0.0525 support and potentially slip under $0.0461, extending recent losses and weakening investor sentiment.

However, renewed investor support could help reverse the trend. If buying pressure strengthens, MOVE could break the ongoing downtrend, pushing past the $0.0669 resistance and the $0.0741 barrier. A successful breach of these levels would invalidate the bearish thesis.

Axie Infinity (AXS)

Another one of the altcoins to watch this weekend is AXS, which is preparing for a token unlock similar to MOVE, though on a smaller scale. The upcoming unlock, valued at just $854,780, is unlikely to significantly affect the altcoin’s price. The limited supply inflow reduces the risk of heavy selling pressure, helping maintain short-term price stability.

Despite this, AXS has been stuck in a month-long downtrend that it could soon break. The MACD indicator is nearing a bullish crossover, signaling potential momentum reversal. If market sentiment improves, AXS could rise above the downtrend, surpassing $1.39 resistance and reaching $1.51 or higher in the coming sessions.

However, if bearish conditions persist, AXS could face renewed selling pressure. A decline below the $1.18 support may send the altcoin under $1.15, with a possible retest of $1.00. Such a move would invalidate the bullish thesis and extend losses for Axie Infinity investors.

The post 3 Altcoins To Watch This Weekend | November 8 – 9 appeared first on BeInCrypto.

🔗 Sumber: www.beincrypto.com