Despite a wider correction in the crypto market, some altcoins are surging this week, with SPX, WBT, and HYPE leading the charge among top gainers. SPX has jumped over 100% in the past 30 days, solidifying its role as a major meme coin.

WhiteBIT Token (WBT) hit a new all-time high above $38, showing strong momentum despite a broader market pullback. Meanwhile, HYPE continues to dominate the perpetuals market, trading near record highs as its market cap pushes it into the crypto top 10.

SPX6900 (SPX)

SPX has been one of the standout performers among meme coins over the past month, with its price soaring nearly 102% in the last 30 days and another 28% just in the past week.

With a market cap of $1.34 billion and a 24-hour trading volume of $138 million, SPX has firmly established itself as a major player in the meme coin sector.

From a technical perspective, SPX’s EMA lines remain bullish, with short-term averages still above long-term ones—although the gap between them is starting to narrow.

This suggests some weakening in upward momentum, making the support level at $1.22 a key zone to watch. If that level breaks, price could retrace further toward $0.99 and potentially $0.90.

However, if bullish sentiment holds and volume picks up, SPX could retest and possibly break its resistance at $1.74, opening the door for another leg higher.

Whitebit Coin (WBT)

WhiteBIT Coin (WBT) defied the broader market downturn to set a new all-time high above $38, making it the top-performing coin of the day.

With a 13% gain in the last 24 hours and nearly 23.5% over the past week, WBT has shown notable resilience and strong investor interest despite overall market weakness.

Looking ahead, if bullish pressure continues and market conditions stabilize, WBT could target the psychological levels at $40 and potentially $45.

However, short-term caution remains warranted, as the nearest support at $32.22 will be key to maintaining the current uptrend. A break below that level could trigger further downside toward $30.86.

Hyperliquid (HYPE)

Hyperliquid’s native token, HYPE, has been trading near all-time highs over the past several days, currently hovering around $40 after briefly touching levels close to $44.

The token is up nearly 64% over the past 30 days, placing it among the top 10 cryptocurrencies by market cap when excluding stablecoins and wrapped assets. This surge reflects Hyperliquid’s dominance in the perpetuals trading space, with the protocol now capturing 76.9% market share—up from 63.7% in December 2024.

From a technical standpoint, HYPE still shows strong bullish momentum, supported by its recent listing on Binance US and ongoing speculation around a potential Binance listing.

If the rally continues, the token could soon break above the $45 mark. However, if price starts to cool and the $38.2 support level is lost, a drop toward $32.63 becomes more likely.