Happy Cat, Hyperliquid, Virtuals spike; BTC exceeds $100k

Cryptocurrency prices remained stable on Saturday, December 14 as the recent consolidation continued.

Bitcoin (BTC), the largest cryptocurrency, remained above $101,382 at last check on Saturday as it struggled to retest its all-time high of $104,000. VanEck predicts that the cryptocurrency will rise to $180,000 in 2025.

Source: CoinGecko

Happy Cat (HAPPY), HyperLiquid (HYPE), and Virtuals Protocol (VIRTUAL) were some of the best-performing cryptocurrencies on Saturday.

Happy Cat price increased after Uphold listing

HAPPY, a fast-growing Solana meme coin, is up 35%, while HYPE and Virtuals are up 15% and 10% respectively. Other top gainers were tokens such as Raydium, Ripple, Fantom and Flare.

Happy Cat’s token rally was mostly due to its listing on Uphold, one of the largest crypto exchanges in the industry. Altcoins generally rise after being listed by major exchanges.

However, the risk is that the number of tokens on exchanges has increased by 14% in the last seven days to over 464.95 million. An increase in tokens on exchanges is usually a sign that investors are starting to sell.

Source: CoinGecko Hyperliquid network volume is rapidly increasing

Hyperliquid jumped because of its strong fundamentals. The volume of perpetual contracts traded on the platform increased by 33% in the last seven days to $37.62 billion.

This increase brought the cumulative total to over $507 billion, and this trend will continue. Its volume was also higher than Base, Solana, Ethereum and Arbitrum combined.

The Hyperliquid token also rose after being listed on Sandwich, a fast-growing, privacy-focused exchange.

Source: CoinGecko Virtuals Protocol has a market cap of $2.5 billion

Virtuals Protocol has also performed well, rising from $0.0074 to $2.61 today, bringing its market cap to over $2.5 billion.

At the same time, Base has become one of the biggest players in the blockchain, helped by the ongoing excitement surrounding artificial intelligence agents.

Source: CoinGecko

Virtuals Protocol was created as a platform to distribute AI-powered virtual characters to the Layer 2 Ethereum solution.

These AI agents can operate independently and interact with various ecosystems.

Looking ahead, the performance of most altcoins will depend on how Bitcoin performs in the near term. If Bitcoin retests and surpasses its all-time high, most will continue to rise.

As we wrote earlier, technicals point to a potential rise to $122,000 in this bullish cycle.