7 Cryptos to Benefit as Bitcoin’s Price Stays Above $97K

• Injective’s INJ 3.0 is expected to push the altcoin higher in the near future.
• ONDO is also expected to make a bullish move soon with the recent USDY debut on BounceBit.
• Jupiter recently passed a multi-billion dollar proposal and can push higher.

These 7 cryptos — ONDO, INJ, MOVE, SUI, HYPE, JUP, and THE — could see explosive growth if Bitcoin continues its upward momentum maintaining its price above $97,000 and moves towards $100,000.

ONDO has risen by more than 3% in the past 24 hours, CoinMarketCap data shows, and now is aiming for $2. The digital asset is trading at $1.66, down 14.57% from its all-time high of $1.93. The project recently announced its market-leading yield-coin USDY is available on BounceBit, a CeDeFi V2 protocol.

Injective (INJ)

With the recent debut of INJ 3.0, which drastically reduced the supply of Injective’s native token, the INJ token could rally and form an uptrend. The cryptocurrency has gained 6.33% in the past 30 days and is up 23.75% since December 2022. With a market cap of $2.69 billion, the cryptocurrency ranks 55th in the market.

Movement (MOVE)

MOVE fell 31% in the past 24 hours and trades at $0.6819. However, it gained 2.6% in the past week. The Ethereum Layer 2 network shows significant potential after the recent airdrop of $830 million. Leading digital asset trading platforms, Coinbase and Binance, have already listed the altcoin.

Movement Network Foundation hopes that $MOVE will help it achieve its objectives. $MOVE creates the foundational utility that the Movement Network will rely on.https://t.co/kKVEGphaKP

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— Movement Network Foundation (@movementfdn)
December 9, 2024

Read also: Altcoin Market Cap Hits $425B: Will XRP and ADA Lead Next Rally?

SUI and Hyperliquid (HYPE)

SUI and HYPE are also set to reach bullish goals. The Sui Network recently announced integration with Solana’s Phantom Wallet. Meanwhile, L1 Hyperliquid recently rose to its all-time Open Interest, which exceeded $3.5 billion. HYPER also shows promising signs for the future.

Thena (THE) and Jupiter (JUP)

THE and JUP have also shown massive bullish potential. THE gained 764.72% in the last 30 days and reached an all-time high of $4.10 just 14 days ago. Jupiter, the leading exchange on Solana, has dropped 10.37% in the past month but recently approved a multi-billion dollar plan to expand the Jupiter community.

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