As US lawmakers gear up for one of the most significant weeks in crypto history, all eyes are on Washington and the markets.
This week, Congress is set to debate several impactful bills, including regulations on stablecoins and classifications of digital assets. With the anticipation of these discussions, traders are bracing for potential volatility in the markets. In light of this, BeInCrypto has carefully analyzed three altcoins that are worth watching closely during what’s being dubbed US Crypto Week.
Sonic (S)
Sonic is preparing for the much-anticipated airdrop of its native token, S, scheduled between July 15 and 22. This event is generating significant buzz, which could precipitate a rise in demand for Sonic and, in turn, positively impact the altcoin’s price in the days to come.
Currently, analysts predict that Sonic’s price could soar past $0.381 and may even reach as high as $0.440. The RSI is indicating robust bullish momentum, suggesting that if the airdrop captures substantial interest, investor participation could further amplify gains. The excitement surrounding this event has those involved in the crypto space eagerly speculating on what may unfold.
However, potential selling pressure following the airdrop could hinder Sonic’s ability to maintain its gains. Should this occur, the price might retreat to the $0.329 support level or even drop to $0.299. Such a decline would invalidate the bullish forecast, indicating a possibility of a market reversal and raising concerns among traders.
Mantle (MNT)
The MNT token has seen a remarkable 7.2% surge in the past 24 hours, trading at around $0.70. This altcoin is gaining traction thanks to the impending Sepolia upgrade slated for July 16, which is expected to enhance MNT’s functionality. The excitement surrounding this development may significantly escalate investor interest, potentially driving MNT’s value upward.
The Sepolia upgrade will unlock full support for features correlating with the Ethereum Prague upgrade, and analysts are forecasting that this could push MNT’s price towards $0.72. The Parabolic SAR indicator confirms a clear uptrend below the candlesticks, illustrating a positive trajectory as long as prevailing market conditions remain favorable.

Nevertheless, if MNT holders opt to sell for profits, the token could swiftly undergo a correction. A sell-off may potentially see MNT’s price dropping to $0.66 or even as low as $0.63. Such movements would invalidate the current bullish outlook, igniting concerns over market stability.
Official Trump (TRUMP)
Currently, TRUMP is experiencing volatility due to the recent announcement of new tariffs imposed on multiple nations. In the midst of this, the unlocking of 90 million TRUMP tokens this week could dramatically impact its market behavior. With a total supply of $876 million entering the market, traders are keenly aware of how this influx may influence demand dynamics.
The unlocking event could lead to a notable price increase, with estimates suggesting that TRUMP may secure $9.63 as a support level. If the price reaches this point, projections indicate a rise to $10.97, marking a monthly high. The MACD is currently reflecting strong bullish momentum, further reinforcing expectations for a continued upward trend shortly.

However, if the influx of supply leads to a decrease in interest and subsequent selling pressure, TRUMP may decline to $9.04. If it loses this crucial support level, it could drop further to $8.43, negating the earlier 12.8% gains and raising red flags for traders watching its performance.
Disclaimer
In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.