3 New Cryptos Launched This Week to Keep an Eye On

Happy Cat (HAPPY), Strategic Bitcoin Reserve (SBR), and Major Frog (MAJOR) are making waves in the crypto world. Launched recently, HAPPY on Solana has a market cap of $25 million, while SBR on Ethereum reached $10 million.

MAJOR, also on Solana, surged 361% in 24 hours, bringing its market cap to $11 million. All three coins show strong momentum, with potential for further growth.

Happy Cat (HAPPY)

Launched on Thursday, HAPPY is rapidly gaining traction as a notable meme coin in the Solana ecosystem, boasting over 34,000 daily transactions.

With a market cap of $25 million, HAPPY has drawn significant attention. If the momentum continues, hitting the $50 million milestone could be the logical next step. The coin already has a base of more than 174,000 holders.

The Relative Strength Index (RSI) for HAPPY currently reads 57.42, suggesting that it’s not in overbought territory. This indicates that there may still be potential for growth, as the RSI remains comfortably below the overbought level of 70.

Strategic Bitcoin Reserve (SBR)

The Strategic Bitcoin Reserve (SBR), launched just a day after Donald Trump’s election as president of the United States, is quickly gaining traction. Hosted on the Ethereum blockchain, and tradable on Uniswap, SBR has already amassed an impressive following, with nearly 1,700 holders and transaction volume of approximately 4,300 per day.

This swift adoption indicates a growing interest in SBR, positioning it as a noteworthy player in the decentralized finance space.

SBR recently achieved a market cap of $10 million, marking an important milestone for the token. If this level is maintained and subsequent resistance points are broken, SBR has the potential to climb further, targeting a market cap of $20 million.

Technically, the current Relative Strength Index (RSI) for SBR stands at 55.64, which is still below the overbought threshold. This suggests that there may be additional room for upward movement before the possibility of a strong correction arises, indicating potential opportunities for new investors.

Major Frog (MAJOR)

MAJOR, a new token launched on the Solana blockchain just a few days ago, is also starting to capture attention. After trading sideways for its initial few days, MAJOR experienced a remarkable surge, rising by 361% in 24 hours.

This explosive movement has brought its market cap to approximately $11 million, reflecting the growing enthusiasm around the project. As of this writing, MAJOR’s holder count stands at nearly 1,600, signaling early but robust adoption in its initial phase.

Read more: 11 Top Solana Meme Coins to Watch in November 2024

With almost 10,000 transactions per day, MAJOR’s activity level is steadily increasing, indicating heightened interest and active trading.

The token’s Relative Strength Index (RSI) is presently at 62, still below the overbought level, suggesting there might be additional room for growth before any major correction occurs. This leaves the door open for further gains as traders and investors continue to pile in, attracted by the rapid price appreciation and underlying momentum.