As XRP struggles to hold the $2.20 level and blue-chip tokens like Bitcoin and Ethereum trade flat, several lesser-known altcoins are stealing the spotlight with explosive gains.

Meme coin Hosico Cat (HOSICO) is up nearly 44% in 24 hours, buoyed by a $2.2 million Solana giveaway campaign. Meanwhile, Everscale (EVER) spiked on the back of a high-profile conference and ecosystem upgrades, and Shentu (CTK) soared despite a lack of clear catalysts. The rally among these altcoins suggests traders are chasing momentum and community-driven projects while waiting for a breakout in larger-cap assets.

Hosico Cat

Hosico Cat has surged 43.7% in the last 24 hours, trading at $0.02769 from a low of $0.01889. The meme coin has shown a strong surge over a longer timeframe, climbing close to 82% in the last 30 days.

The price surge appears connected to a major promotional campaign the project is running. HOSICO is hosting what they claim to be the largest Solana (SOL) giveaway, worth $2.2 million.

According to the latest update, the project has reached 27% of that goal, suggesting growing participation and community engagement around the initiative.

Large-scale giveaways like this often drive short-term price action as they increase visibility and bring in new holders looking to participate in the rewards distribution.

Hosico Cat, the inspiration behind the meme coin, is a well-known Scottish Straight cat famous for his golden fur and expressive face reminiscent of the character Puss in Boots.

Everscale

Everscale has climbed 42.6% over the past 24 hours, reaching $0.01397 from $0.009822. Unlike many tokens experiencing sudden pumps, Everscale’s price movement coincides with concrete developments.

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Author: Vignesh Karunanidhi