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BEAM Leads Altcoin Movers with 25% Monthly Jump

2025-08-07 20:23:16

BEAM Leads Altcoin Movers with 25% Monthly Jump

Main Idea

BEAM, a gaming token, has surged 25% monthly and 14% in 24 hours, with potential to break $0.01 and target $0.021, amid a broader altcoin market rally.

Key Points

1. BEAM's price has increased by 14% in the last 24 hours and 25% over the past month, currently trading around $0.00757.

2. Analysts suggest BEAM could retest the $0.01 level, with a potential next target of $0.021 if market momentum shifts.

3. The rally is part of a broader altcoin market surge, with Ethereum and other altcoins also showing significant gains.

4. Michaël van de Poppe notes that altcoins are accumulating, indicating potential for further price movements.

5. The total market cap has climbed above $3.8 trillion, with Bitcoin gaining nearly 2% and Ethereum jumping over 6%.

Description

Ethereum and altcoins are rising faster than Bitcoin in latest rally. BEAM jumps 14% in 24 hours, gains 25% this month. BEAM could break $0.01 soon and target $0.021 next. The crypto market is showing strong signs of recovery, with the global market cap climbing above $3.8 trillion, up over 3% in the last 24 hours. While Bitcoin has gained nearly 2%, Ethereum and several altcoins are leading the way. Ethereum has jumped over 6%, reaching close to $3,900. Coins like Dogecoin, Cardano, and Solana ...

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