Pump.fun, Ethena, Sonic emerge as frontrunners
- Pump.fun rises by 15% so far on Thursday, extending the channel breakout rally.
- Ethena edges higher by 4% after bouncing off a crucial support on Wednesday.
- Sonic holds above $0.30 with a short-term recovery within a falling wedge pattern.
Altcoins gain traction, following the recovery in Ethereum (ETH) and a capital shift from Bitcoin (BTC) to other cryptocurrency avenues. Pump.fun (PUMP), Ethena (ENA), and Sonic (S) led the broader market gains over the last 24 hours, hinting at an extended uptrend.
Top Crypto Gainers: Source: CoinMarketCap.
Pump.fun extends the channel breakout rally
PUMP edges higher by 15% at press time on Thursday, extending the breakout rally of a falling channel on the 4-hour price chart….
