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Caleb Franzen, industry influencer, reports that the memecoin Hantavirus (HANTA) has surged by 230 percent in value today. The token has reached a fully diluted valuation (FDV) market cap of $3.75 million.
Franzen has recently analyzed Bitcoin’s USD price using a regression channel and key moving averages. Separate commentary from Altcoin Sherpa noted that the altcoin market cap, excluding the top 10 coins, is barely holding support. These prior observations offer further context for the latest moves among smaller tokens.