Today's crypto market spotlight shines across diverse sectors – from meme coins with explosive growth to fundamentally strong tokens nearing technical breakthroughs. While Pi Network (PI) faces growing skepticism despite its mass adoption push, Filecoin (FIL) gains institutional attention with new exchange listings.
Cosmos (ATOM) captures trader interest with a potential bullish breakout, while newcomers like Usual (USUAL) and Miu (MIU) stir speculative waves with massive price jumps and soaring trading volumes. These five tokens collectively reflect the market's current frenzy, hopes, and hesitations.
Pi Network (PI)
Price Change (24H): -6.57%
Current Price: $0.5309
Key Developments
Pi Network’s token continues to struggle, down 77% from its February peak. Today’s drop reflects investor concerns over excessive token unlocks – 126.6 million PI scheduled for release this month will exacerbate supply glut amid weak demand. Despite PiFest 2025 showcasing 1.8M+ users and 58K merchants accepting PI, the token remains bearish. Technical indicators point to further declines, with an RSI of 26.18 and a descending triangle pattern signaling weakness. The token’s repeated failure to secure a Binance listing has also raised community concerns about long-term viability and compliance.
- Market Cap: $3.61B
- 24H Trading Volume: $423.82M
- Circulating Supply: 6.8B PI
Filecoin (FIL)
Price Change (24H): +3.66%
Current Price: $2.75
Key Developments
Filecoin surged after its KRW market listing on Upbit, South Korea’s top crypto exchange. Trading volume spiked 192%, indicating renewed investor interest. Leveraging its IPFS-based network, Filecoin solidifies its position in decentralized storage, with this listing marking broader Asian market adoption.
👉 Why Filecoin’s Upbit listing matters for decentralized storage
- Market Cap: $1.78B
- 24H Trading Volume: $564.02M
- Circulating Supply: 647.13M FIL
Cosmos (ATOM)
Price Change (24H): +15.65%
Current Price: $5.02
Key Developments
Cosmos displays strong technical momentum, forming an inverse head-and-shoulders pattern – a bullish signal. The MACD turned positive, hinting at a potential breakout above the $5.14 neckline. Next resistance: $6.42. As markets stabilize, ATOM’s buy pressure grows.
- Market Cap: $1.96B
- 24H Trading Volume: $277.34M
- Circulating Supply: 390.93M ATOM
Usual (USUAL)
Price Change (24H): +18.40%
Current Price: $0.1318
Key Developments
Usual gained traction after announcing a $16M bug bounty program with Sherlock, now the largest in crypto history (surpassing Uniswap’s $15.5M record). With $850M+ TVL and 20 audits, the project elevates DeFi security standards. Today’s surge reflects revived investor confidence.
👉 How Usual’s $16M bounty reshapes DeFi security
- Market Cap: $99.68M
- 24H Trading Volume: $136.6M
- Circulating Supply: 755.96M USUAL
Miu (MIU)
Price Change (24H): +299.91%
Current Price: $0.0000003992
Key Developments
MIU, a meme coin on Sui blockchain, rocketed nearly 300% to an all-time high. The surge lacked broader market support, suggesting community-driven speculation. With an RSI near 100, the token is extremely overbought. Experts caution this rally may be short-lived.
- Market Cap: $35.01M (self-reported)
- 24H Trading Volume: $2.76M
- Circulating Supply: 900T MIU (self-reported)
FAQ
Q1: Why is Cosmos (ATOM) bullish?
A1: ATOM’s inverse head-and-shoulders pattern and positive MACD suggest a potential breakout, targeting $6.42 if it sustains above $5.14.
Q2: What risks does Pi Network face?
A2: PI struggles with excessive supply unlocks, weak demand, and failed exchange listings, threatening its price stability.
Q3: Is MIU’s surge sustainable?
A3: Unlikely. Its 300% pump lacks fundamental support, and the overbought RSI signals a potential correction.
Final Thoughts
Today’s market highlights a dichotomy: Filecoin and Cosmos thrive on utility and adoption, while MIU and Usual ride speculative waves. Investors increasingly favor projects with clear use cases, but meme coins still captivate traders. Pi Network’s decline underscores the peril of weak tokenomics – even robust user bases can’t offset poor liquidity. The takeaway? Balance hype with fundamentals.