Why These Altcoins Are Trending Today — January 28

Altcoins have been making headlines, with notable activity surrounding RAI, VVV, and MOCHI. RAI, the native token of Reploy, has seen a 15% decline over the past week as it builds AI infrastructure for Web3.

Meanwhile, VVV has gained over 4% in the last 24 hours, showcasing its focus on privacy and uncensored AI assistance. Lastly, MOCHI, a cat-themed meme coin, has surged more than 50%, reaching its highest price since April 2024.

Reploy (RAI)

RAI is the native Ethereum token of Reploy, a company creating infrastructure for artificial intelligence development in Web3. Reploy offers a multimodal LLM architecture, enabling applications like blockchain-optimized chat platforms and advanced trading bots.

RAI has dropped 15% in the past week, with its market cap at $42 million. Its 24-hour trading volume has fallen by 22%, now standing at $6 million, reflecting reduced market activity, although AI coins remain one of the most relevant crypto narratives right now.

EMA lines suggest RAI is in a downtrend and could test support at $3.76 if the decline continues. A reversal might push the token to $6.24, with a chance to rise further to $8 if resistance is broken.

Venice Token (VVV)

VVV is the native token of Venice AI, an artificial intelligence assistant designed to be more private and uncensored than ChatGPT. It was created by Erik Voorhees, the founder of ShapeShift, a DeFi platform.

VVV was initially airdropped to early users and is now available on the Base chain. Its price has risen by over 4% in the last 24 hours, and its current market cap is $331 million. After previously reaching $434 million, VVV now has more than 22,000 holders, making it one of the most relevant new altcoins launched this week.

If momentum remains strong, VVV could test resistances at $21.15 and $22.94, potentially setting new all-time highs. If momentum cools, the token might drop to $10.8, and further to $6.39 if key support levels fail.

Mochi (MOCHI)

MOCHI is a meme coin launched on Base, capitalizing on the popularity of cat-themed altcoins. It has surged over 50% in the last 24 hours, pushing its market cap to $38 million. The token’s price has crossed $0.00004 for the first time since April 2024.

If the momentum holds, MOCHI could rise further, and test levels could be near $0.000064. However, a reversal might see it drop to $0.000018, with a potential fall to $0.0000097 if key support levels fail.