UPDATES
284,728 views
75 Discussing
Hot
Latest
#BreakingCryptoNews
Donald Trump calls himself a 'crypto president' at a tech fundraiser.
#updates #Binance55thProject(IO) #TopCoinsJune2024
Donald Trump calls himself a 'crypto president' at a tech fundraiser.
#updates #Binance55thProject(IO) #TopCoinsJune2024
The next millionaire in 2030 will be you if you buy atleast 10$ of doge coin
As of January 5, 2025, Bitcoin (BTC) and Dogecoin (DOGE) continue to be prominent cryptocurrencies in the market. Here's a snapshot of their current performance:
Bitcoin (BTC) is trading at $97,817.00, showing a slight decrease of 0.00010% from the previous close, with an intraday high of $98,709.00 and a low of $97,543.00.
Dogecoin (DOGE) is priced at $0.386347, reflecting a 0.00078% increase from the previous close, with an intraday high of $0.398082 and a low of $0.37844.
While Dogecoin has experienced significant growth, with predictions suggesting it may reach the $1 mark and a market capitalization of approximately $100 billion in 2025 , Bitcoin's market cap remains substantially higher, exceeding $1.8 trillion at its current price.
Given this disparity, it is unlikely that Dogecoin will surpass Bitcoin in terms of market capitalization or overall market dominance in the near future.
Bitcoin's established position as the leading cryptocurrency, along with its widespread adoption and institutional investment, continues to reinforce its dominance in the crypto market.
In summary, while Dogecoin is poised for notable growth, it is improbable that it will overtake Bitcoin in terms of market capitalization or prominence in 2025.
As of January 5, 2025, Bitcoin (BTC) and Dogecoin (DOGE) continue to be prominent cryptocurrencies in the market. Here's a snapshot of their current performance:
Bitcoin (BTC) is trading at $97,817.00, showing a slight decrease of 0.00010% from the previous close, with an intraday high of $98,709.00 and a low of $97,543.00.
Dogecoin (DOGE) is priced at $0.386347, reflecting a 0.00078% increase from the previous close, with an intraday high of $0.398082 and a low of $0.37844.
While Dogecoin has experienced significant growth, with predictions suggesting it may reach the $1 mark and a market capitalization of approximately $100 billion in 2025 , Bitcoin's market cap remains substantially higher, exceeding $1.8 trillion at its current price.
Given this disparity, it is unlikely that Dogecoin will surpass Bitcoin in terms of market capitalization or overall market dominance in the near future.
Bitcoin's established position as the leading cryptocurrency, along with its widespread adoption and institutional investment, continues to reinforce its dominance in the crypto market.
In summary, while Dogecoin is poised for notable growth, it is improbable that it will overtake Bitcoin in terms of market capitalization or prominence in 2025.
🔴 TRADE - MYRIA/USDT ( Futures )
👉 Type - LONG (BYBIT)
👉 Mode - Isolated
👉 Leverage- 2X to 3X ( Recommend)
📌Buy Zone - 0.002480$ to 0.0024$
🎯Target
1. 0.002530$
2. 0.002570$
3. 0.002600$
4. 0.002640$
5. 0.002700$
🛑Stop loss 0.002270$ -( SL Must Use )
🔥Disclaimer 👉 This is my personal analysis for educational purposes , Buy/Sell/Trade at your own risk. I am not a financial Advisor!!
#Update_From_Binance #update #UpdateAlert #updates #UpdateBTC
👉 Type - LONG (BYBIT)
👉 Mode - Isolated
👉 Leverage- 2X to 3X ( Recommend)
📌Buy Zone - 0.002480$ to 0.0024$
🎯Target
1. 0.002530$
2. 0.002570$
3. 0.002600$
4. 0.002640$
5. 0.002700$
🛑Stop loss 0.002270$ -( SL Must Use )
🔥Disclaimer 👉 This is my personal analysis for educational purposes , Buy/Sell/Trade at your own risk. I am not a financial Advisor!!
#Update_From_Binance #update #UpdateAlert #updates #UpdateBTC
#updates
[CLOSED] Lost 3.6 - 6%
#SHORT📉
Set up to short $TRX /USDT
👉Leverage: 12x - 20x
👉Entry: 0.11153
🔥STOP: 0.11187 (0.3%)
👉Take Profits:
TP 1: 0.11071
TP 2: 0.1033
TP 3: 0.10967
Good luck my buddy!
#bot_trading #BTC☀ #EarnFreeCrypto2024
[CLOSED] Lost 3.6 - 6%
#SHORT📉
Set up to short $TRX /USDT
👉Leverage: 12x - 20x
👉Entry: 0.11153
🔥STOP: 0.11187 (0.3%)
👉Take Profits:
TP 1: 0.11071
TP 2: 0.1033
TP 3: 0.10967
Good luck my buddy!
#bot_trading #BTC☀ #EarnFreeCrypto2024
🚀 Cornell Professor Warns of Growing Crypto Risks Amid Misleading Promises and Hype 🚀
🔍 A professor at Cornell University’s Dyson School, Eswar Prasad, has raised significant concerns about the increasing risks in the cryptocurrency market. He points to regulatory gaps and centralization as key issues. According to Prasad, crypto today presents even greater risks to investors and financial institutions than before.
🌟 Despite bitcoin’s recent surge to record highs and increasing political support from figures like former U.S. President Donald Trump and current Vice President Kamala Harris, Prasad warns: *"If anything, crypto today presents even greater risks to its investors and to our financial institutions than it did before."*
🔑 Prasad highlights the dangers of centralization within the crypto ecosystem. The collapse of FTX and legal troubles surrounding Binance serve as examples of how centralized power can undermine the foundational principles of decentralized finance.
Follow me dear and If you need any further details about crypto ask me I will guide you properly ☺️🔥🤌🚀#NewsAboutCrypto #Write2Earn! #updates #professormende #newstable
🔍 A professor at Cornell University’s Dyson School, Eswar Prasad, has raised significant concerns about the increasing risks in the cryptocurrency market. He points to regulatory gaps and centralization as key issues. According to Prasad, crypto today presents even greater risks to investors and financial institutions than before.
🌟 Despite bitcoin’s recent surge to record highs and increasing political support from figures like former U.S. President Donald Trump and current Vice President Kamala Harris, Prasad warns: *"If anything, crypto today presents even greater risks to its investors and to our financial institutions than it did before."*
🔑 Prasad highlights the dangers of centralization within the crypto ecosystem. The collapse of FTX and legal troubles surrounding Binance serve as examples of how centralized power can undermine the foundational principles of decentralized finance.
Follow me dear and If you need any further details about crypto ask me I will guide you properly ☺️🔥🤌🚀#NewsAboutCrypto #Write2Earn! #updates #professormende #newstable
$XRP #updates
🚨 XRP/USDT Alert 🚨
📈 Previous Close: $0.4050
📉 Current Price: $0.4781
🔍 Analysis:
XRP/USDT is in recovery mode.
New support level established at $0.477.
Potential targets: $0.5430, $0.5814, $0.6198, $0.6744, and $0.7440.
📊 Chart Insights:
Stable around $0.4781.
Buyers accumulating.
Watch for breakout above resistance.
🔔 Action:
Consider buying with a take-profit target set at $0.500.
:Remember to stay informed and adapt to market changes! 🌟📈
:(Note: Cryptocurrency markets are volatile; conduct your own research before making any trading decisions.)
#Megadrop #LayerZero #CPIAlert #Write2Earn!
🚨 XRP/USDT Alert 🚨
📈 Previous Close: $0.4050
📉 Current Price: $0.4781
🔍 Analysis:
XRP/USDT is in recovery mode.
New support level established at $0.477.
Potential targets: $0.5430, $0.5814, $0.6198, $0.6744, and $0.7440.
📊 Chart Insights:
Stable around $0.4781.
Buyers accumulating.
Watch for breakout above resistance.
🔔 Action:
Consider buying with a take-profit target set at $0.500.
:Remember to stay informed and adapt to market changes! 🌟📈
:(Note: Cryptocurrency markets are volatile; conduct your own research before making any trading decisions.)
#Megadrop #LayerZero #CPIAlert #Write2Earn!
🚀🔥📈 ZRO/USDT Analysis: Key Levels and Entry Strategy:
1.Support and Resistance Levels:
Support: ZRO/USDT found support near 3.353 USDT, indicating a potential buying opportunity.
Resistance: The resistance level lies around 3.660 USDT, where price faces selling pressure.
2. Current and Previous Values:
Current Price: ZRO/USDT is trading at approximately 3.502 USDT.
Previous Price: It recently touched 3.600 USDT.
3. Entry Strategy:
- Consider a long position if ZRO/USDT breaks above 3.660 USDT convincingly.
- Set a stop-loss just below the support level (around 3.353 USDT).
Remember to stay informed about market developments and adjust your strategy accordingly. Happy trading! 🚀💰.#Write2Earn! #zrobearish #updates #BinanceSquareFamily
1.Support and Resistance Levels:
Support: ZRO/USDT found support near 3.353 USDT, indicating a potential buying opportunity.
Resistance: The resistance level lies around 3.660 USDT, where price faces selling pressure.
2. Current and Previous Values:
Current Price: ZRO/USDT is trading at approximately 3.502 USDT.
Previous Price: It recently touched 3.600 USDT.
3. Entry Strategy:
- Consider a long position if ZRO/USDT breaks above 3.660 USDT convincingly.
- Set a stop-loss just below the support level (around 3.353 USDT).
Remember to stay informed about market developments and adjust your strategy accordingly. Happy trading! 🚀💰.#Write2Earn! #zrobearish #updates #BinanceSquareFamily
$FET #updates
1.Price Movement:
The current price is approximately $1.17, showing a positive change of 1.47%.
The 24-hour high was $1.194, and the 24-hour low was $1.176.
The chart displays price fluctuations over time.
2.Technical Indicators: Moving Average (MA60): The yellow line represents the 60-period moving average (MA60). It helps identify trends. Volume Bars: Green bars indicate buying volume, while red bars represent selling volume.
Parabolic SAR (Stop and Reverse): SAR dots appear above or below the price, indicating potential trend reversals.
Average True Range (ATR): ATR measures volatility.
Moving Average Convergence Divergence (MACD): The MACD lines and histogram show momentum and potential crossovers.
3.Volume and Trading Data:
The 24-hour trading volume for FET is approximately 30.9K, and for USDT, it's 58.03M.
The MA5 (5-period moving average) is 6,689.3, and the MA10 (10-period moving average) is 8,391.3.4.Timeframe: The chart covers a 15-minute timeframe.5.Overall Sentiment: Based on the technical indicators, consider monitoring the MA60 trend, volume, and potential reversal points.
:Remember that this analysis is not financial advice. Always conduct thorough research and consult with a professional before making any trading decisions. 🚀📈
#LayerZero #CPIAlert #Write2Earn! #MtGoxJulyRepayments
1.Price Movement:
The current price is approximately $1.17, showing a positive change of 1.47%.
The 24-hour high was $1.194, and the 24-hour low was $1.176.
The chart displays price fluctuations over time.
2.Technical Indicators: Moving Average (MA60): The yellow line represents the 60-period moving average (MA60). It helps identify trends. Volume Bars: Green bars indicate buying volume, while red bars represent selling volume.
Parabolic SAR (Stop and Reverse): SAR dots appear above or below the price, indicating potential trend reversals.
Average True Range (ATR): ATR measures volatility.
Moving Average Convergence Divergence (MACD): The MACD lines and histogram show momentum and potential crossovers.
3.Volume and Trading Data:
The 24-hour trading volume for FET is approximately 30.9K, and for USDT, it's 58.03M.
The MA5 (5-period moving average) is 6,689.3, and the MA10 (10-period moving average) is 8,391.3.4.Timeframe: The chart covers a 15-minute timeframe.5.Overall Sentiment: Based on the technical indicators, consider monitoring the MA60 trend, volume, and potential reversal points.
:Remember that this analysis is not financial advice. Always conduct thorough research and consult with a professional before making any trading decisions. 🚀📈
#LayerZero #CPIAlert #Write2Earn! #MtGoxJulyRepayments
#crucial #Shibalnu #updates
Here are the latest Shiba Inu (SHIB) coin prices ¹ ²:- Current SHIB price: $0.00001462 – $0.00001655- 24-hour trading volume: $338,257,723 to $341,144,075.63- Market cap: $8,916,194,129 to $8,909,689,569- Circulating supply: 589,270,880,874,170 SHIB- Price change in the past 24 hours: -8.2%- Price change in the past 7 days: -13.5%
Buy more #SHIB، now before the price of Bitcoin skyrocket to $78,000.
NOTE : This is not a financial advise, #DYOR* before you invest in any crypto currency 🤞
Here are the latest Shiba Inu (SHIB) coin prices ¹ ²:- Current SHIB price: $0.00001462 – $0.00001655- 24-hour trading volume: $338,257,723 to $341,144,075.63- Market cap: $8,916,194,129 to $8,909,689,569- Circulating supply: 589,270,880,874,170 SHIB- Price change in the past 24 hours: -8.2%- Price change in the past 7 days: -13.5%
Buy more #SHIB، now before the price of Bitcoin skyrocket to $78,000.
NOTE : This is not a financial advise, #DYOR* before you invest in any crypto currency 🤞
#updates
👉 After Friday's long squeeze, the market clearly froze over the weekend
The charts for $BTC and $ETH look like two twin brothers.
I'm not a fan of shorting the bull cycle; it doesn't work well in the long run.
So you probably won't see any shorts from me in the next six months.
#TopCoinsJune2024 #Write2Earn! #ETH🔥🔥🔥🔥 #BTC☀
👉 After Friday's long squeeze, the market clearly froze over the weekend
The charts for $BTC and $ETH look like two twin brothers.
I'm not a fan of shorting the bull cycle; it doesn't work well in the long run.
So you probably won't see any shorts from me in the next six months.
#TopCoinsJune2024 #Write2Earn! #ETH🔥🔥🔥🔥 #BTC☀
🚨#cryptoalerts #updates
1. Historical Performance: First Instance (2016-2017): During this period, XRP consolidated for several months, causing the Bollinger Bands to tighten dramatically. After this consolidation, XRP skyrocketed, achieving gains estimated to be around 60,000%.
Second Instance (2020-2021): XRP rose by approximately 1,000% during this period, although it was less than the first instance. The tightness of the Bollinger Bands during the first instance was a crucial factor in the subsequent surge.
2. Current Scenario: The current squeeze in XRP's Bollinger Bands is reportedly the tightest ever, surpassing the first instance. This suggests that XRP could potentially experience an even greater rise than in previous cycles.
3. Price Predictions: If XRP tests the lower Bollinger Band, it might drop to around $0.30 before potentially breaking out. Speculatively, XRP could reach up to $250, considering historical patterns and the current tightness of the Bollinger Bands.
Remember that these predictions are based on technical analysis and should be approached with caution. Market dynamics can change rapidly, and other factors may come into play. Always do your own research and consider multiple perspectives before making any investment decisions. 🚀📈.
#Write2Earn! #Ethereum_ETFs_Expected_Date #BinanceTurns7
1. Historical Performance: First Instance (2016-2017): During this period, XRP consolidated for several months, causing the Bollinger Bands to tighten dramatically. After this consolidation, XRP skyrocketed, achieving gains estimated to be around 60,000%.
Second Instance (2020-2021): XRP rose by approximately 1,000% during this period, although it was less than the first instance. The tightness of the Bollinger Bands during the first instance was a crucial factor in the subsequent surge.
2. Current Scenario: The current squeeze in XRP's Bollinger Bands is reportedly the tightest ever, surpassing the first instance. This suggests that XRP could potentially experience an even greater rise than in previous cycles.
3. Price Predictions: If XRP tests the lower Bollinger Band, it might drop to around $0.30 before potentially breaking out. Speculatively, XRP could reach up to $250, considering historical patterns and the current tightness of the Bollinger Bands.
Remember that these predictions are based on technical analysis and should be approached with caution. Market dynamics can change rapidly, and other factors may come into play. Always do your own research and consider multiple perspectives before making any investment decisions. 🚀📈.
#Write2Earn! #Ethereum_ETFs_Expected_Date #BinanceTurns7
$NTRN #updates 🚀 Investment Opportunity: NTRN/BNB*🚀
📈 Technical Analysis:
Support Level: NTRN has consistently found support around 0.00065 BNB.
Resistance Level: The 24-hour high at 0.001878 BNB indicates a potential breakout.
Moving Average (MA60): Currently at 0.000765 BNB, suggesting an upward trend.
💡 Entry Strategy:Consider entering when NTRN approaches the support level (around 0.00065 BNB) or breaks above the resistance (0.001878 BNB). Manage risk by setting stop-loss orders.
🔍 Fundamental Factors:Research NTRN's project, team, and market sentiment. Stay informed about any upcoming developments.
:Remember, investing involves risk. Do your due diligence and make informed decisions. Happy trading! 💎📊
:Feel free to ask if you need more information! 😊
#Write2Earn! #BinanceTournament #SOFR_Spike #NTRN/USDT
📈 Technical Analysis:
Support Level: NTRN has consistently found support around 0.00065 BNB.
Resistance Level: The 24-hour high at 0.001878 BNB indicates a potential breakout.
Moving Average (MA60): Currently at 0.000765 BNB, suggesting an upward trend.
💡 Entry Strategy:Consider entering when NTRN approaches the support level (around 0.00065 BNB) or breaks above the resistance (0.001878 BNB). Manage risk by setting stop-loss orders.
🔍 Fundamental Factors:Research NTRN's project, team, and market sentiment. Stay informed about any upcoming developments.
:Remember, investing involves risk. Do your due diligence and make informed decisions. Happy trading! 💎📊
:Feel free to ask if you need more information! 😊
#Write2Earn! #BinanceTournament #SOFR_Spike #NTRN/USDT
🚨 $ETH /USDT Analysis Alert‼️✈️
Current Price: $2,285.21
Resistance: $2,320.00
Support: $2,260.00
Ethereum is currently in a consolidation zone, bouncing between support and resistance. If we break above $2,320, we could see a strong upward push, targeting $2,340 and $2,360 next. However, a dip below $2,260 would signal a potential bearish move with targets around $2,240 and $2,220.
🎯 Long Trade: Enter above $2,320 for a ride towards $2,340, $2,360, and beyond!
📉 Short Trade: Enter below $2,260 to catch the downside, aiming for $2,240 or $2,220.
Stay sharp—ETH could be ready to make a move!
#ETH🔥🔥🔥🔥 #updates
Current Price: $2,285.21
Resistance: $2,320.00
Support: $2,260.00
Ethereum is currently in a consolidation zone, bouncing between support and resistance. If we break above $2,320, we could see a strong upward push, targeting $2,340 and $2,360 next. However, a dip below $2,260 would signal a potential bearish move with targets around $2,240 and $2,220.
🎯 Long Trade: Enter above $2,320 for a ride towards $2,340, $2,360, and beyond!
📉 Short Trade: Enter below $2,260 to catch the downside, aiming for $2,240 or $2,220.
Stay sharp—ETH could be ready to make a move!
#ETH🔥🔥🔥🔥 #updates
🤑💸📈 COMBO/USDT Analysis: Support, Resistance, and Entry Strategy
1. Support and Resistance Levels:
- Support: The recent price surge found strong support around $0.3968, preventing further downside.
- Resistance: The $0.4016 level acted as a resistance, limiting upward movement.
2. Current Situation:
- The current price is approximately $0.3982.
- Previous Close: $0.3958 (MA60).
3. Entry Strategy:
- Consider a breakout strategy:
- Buy Entry: If the price breaks above $0.4016 (resistance), target $0.4050.
- Stop Loss: Set below $0.3968 (support).
4. Attractive Pattern:
- The recent bullish momentum suggests a potential cup and handle formation.
- Keep an eye on volume and MACD for confirmation.
Remember, always adapt your strategy to changing market conditions. Happy trading! 🚀📊
Feel free to ask if you need further details or have any other requests! 😊👍#COMBOUSDT #COMBO #updates #BULLishWithBULL #Write2Earn!
1. Support and Resistance Levels:
- Support: The recent price surge found strong support around $0.3968, preventing further downside.
- Resistance: The $0.4016 level acted as a resistance, limiting upward movement.
2. Current Situation:
- The current price is approximately $0.3982.
- Previous Close: $0.3958 (MA60).
3. Entry Strategy:
- Consider a breakout strategy:
- Buy Entry: If the price breaks above $0.4016 (resistance), target $0.4050.
- Stop Loss: Set below $0.3968 (support).
4. Attractive Pattern:
- The recent bullish momentum suggests a potential cup and handle formation.
- Keep an eye on volume and MACD for confirmation.
Remember, always adapt your strategy to changing market conditions. Happy trading! 🚀📊
Feel free to ask if you need further details or have any other requests! 😊👍#COMBOUSDT #COMBO #updates #BULLishWithBULL #Write2Earn!
#updates
A US judge denied Meta's motion to dismiss a lawsuit from Australia's second-richest billionaire, Andrew Forrest, who alleges the company facilitated crypto scams using his image through deepfakes created by Meta's GenAI tools.
#BinanceTournament
A US judge denied Meta's motion to dismiss a lawsuit from Australia's second-richest billionaire, Andrew Forrest, who alleges the company facilitated crypto scams using his image through deepfakes created by Meta's GenAI tools.
#BinanceTournament
#updates #ETHETFS #BlackRock $BTC $
Today the most popular news about the crypto market today ¹ ²:
*SEC Ethereum ETF discussions underway*: The SEC has started discussions with Ethereum ETF issuers regarding S-1 forms on May 22, and a decision is expected soon.
*Bybit CEO refutes insolvency rumors*: Bybit CEO Ben Zhou shared a post on X, clarifying that none of the rumors have “any real facts” supporting them.
*Ethereum price is up today*: Ethereum price is up today as traders position in hopes of a spot ETH ETF approval.
*US lawmakers urge SEC’s Gensler to approve spot Ethereum ETF*: U.S. lawmakers argue that a potential spot Ether ETF would offer investors access to ETH in a more regulated and safer format.
*DOGE, SHIB, AVAX, LINK diving more than 4% in less than an hour*: The sell-off was broad-based, with DOGE, SHIB, AVAX, LINK diving more than 4% in less than an hour.
* Publish by 📝 AJ GHAM YAR$ETH
Today the most popular news about the crypto market today ¹ ²:
*SEC Ethereum ETF discussions underway*: The SEC has started discussions with Ethereum ETF issuers regarding S-1 forms on May 22, and a decision is expected soon.
*Bybit CEO refutes insolvency rumors*: Bybit CEO Ben Zhou shared a post on X, clarifying that none of the rumors have “any real facts” supporting them.
*Ethereum price is up today*: Ethereum price is up today as traders position in hopes of a spot ETH ETF approval.
*US lawmakers urge SEC’s Gensler to approve spot Ethereum ETF*: U.S. lawmakers argue that a potential spot Ether ETF would offer investors access to ETH in a more regulated and safer format.
*DOGE, SHIB, AVAX, LINK diving more than 4% in less than an hour*: The sell-off was broad-based, with DOGE, SHIB, AVAX, LINK diving more than 4% in less than an hour.
* Publish by 📝 AJ GHAM YAR$ETH
ETH/USDT GIVE BRACKOUT BUT AT THIS TIME IT IS ON IMPORTANT LEVEL IF TI BRACK THIS THEN WE CAN SEE NICE PUMP FOR HERE SO AVOIDING OVER TRADING AT THIS TIME
#ETHETFsApproved #ETH🔥🔥🔥🔥 #updates #MarketExperts $BTC
$ETH
$SOL
#ETHETFsApproved #ETH🔥🔥🔥🔥 #updates #MarketExperts $BTC
$ETH
$SOL
#MyFamily
📈🥵$SOL is moving again now downward ,
market hit near $147 and now market was moving constantly downward .
The news show us that uptrend will be remain in the end of this week,but market start again downtrend now.
Highlights :
In last 4 days 40% crypto traders invest in $SOL market,So this shows that market will rebullish again,but if whales are eaten us 😂then stay alert now and close the trade now ,If you are profitable !!!.
Stay tuned !. and dear If you need any further details ask me I will guide you properly.#SolanaUSTD #Write2Earn! #updates
📈🥵$SOL is moving again now downward ,
market hit near $147 and now market was moving constantly downward .
The news show us that uptrend will be remain in the end of this week,but market start again downtrend now.
Highlights :
In last 4 days 40% crypto traders invest in $SOL market,So this shows that market will rebullish again,but if whales are eaten us 😂then stay alert now and close the trade now ,If you are profitable !!!.
Stay tuned !. and dear If you need any further details ask me I will guide you properly.#SolanaUSTD #Write2Earn! #updates
Hi Guys,
It's Big & Big #updates a chance For Those Who Missed $PEPE !!!
PEPE
0.00001537
+0.32%
Missed PEPE and PopCat?
Piggy Bankster may be the next big thing
Why meme coins soared
Other meme tokens like dogwifhat (WIF), Bonk, Book of Meme (BOME), and Dog Go to The Moon (DOG) have also done well this year. WIF’s market cap has soared to over $3.3 billion while Bonk, BOME, and DOG are valued at over $2 billion.
Altogether, all meme coins tracked by CoinMarketCap have a market cap of over $63 billion.
This makes them bigger than many well-known companies like FedEx, Spotify, Workday, and Monster Beverage among others.
There are several reasons why meme coins have done well this year.
First, their performance was driven by key news in the crypto industry.
The Securities and Exchange Commission (SEC) approved Bitcoin ETFs in January. Since then, these ETFs hold over $60 billion worth of assets, helped by strong institutional demand.
Second, the agency has recently approved Ethereum ETFs and analysts expect that they will attract billions of dollars in assets when they start trading. This approval means that the SEC could approve other ETFs like Solana, Cardano, and Ripple.
Third, they rose because of April’s Bitcoin halving, which reduces the number of Bitcoin rewards offered to miners.
In most cases, Bitcoin tends to rally ahead and after halving.
Finally, there is hope that the Federal Reserve will start cutting interest rates later this year if inflation continues dropping.
Cryptocurrencies and other risk assets do well when the Fed turns dovish.
Meme coins do better than other cryptocurrencies because of their lower notional value, increased whale activity, and their potential for huge gains.
Piggy Bankster will have a total supply of 100 million and an initial liquidity of 12,000. The starting price of its presale will be $0.00012. You can learn more about the token on the Piggy Bankster website and follow the updates on X.
#Megadrop #MtGox #altcoins #BinanceLaunchpool
It's Big & Big #updates a chance For Those Who Missed $PEPE !!!
PEPE
0.00001537
+0.32%
Missed PEPE and PopCat?
Piggy Bankster may be the next big thing
Why meme coins soared
Other meme tokens like dogwifhat (WIF), Bonk, Book of Meme (BOME), and Dog Go to The Moon (DOG) have also done well this year. WIF’s market cap has soared to over $3.3 billion while Bonk, BOME, and DOG are valued at over $2 billion.
Altogether, all meme coins tracked by CoinMarketCap have a market cap of over $63 billion.
This makes them bigger than many well-known companies like FedEx, Spotify, Workday, and Monster Beverage among others.
There are several reasons why meme coins have done well this year.
First, their performance was driven by key news in the crypto industry.
The Securities and Exchange Commission (SEC) approved Bitcoin ETFs in January. Since then, these ETFs hold over $60 billion worth of assets, helped by strong institutional demand.
Second, the agency has recently approved Ethereum ETFs and analysts expect that they will attract billions of dollars in assets when they start trading. This approval means that the SEC could approve other ETFs like Solana, Cardano, and Ripple.
Third, they rose because of April’s Bitcoin halving, which reduces the number of Bitcoin rewards offered to miners.
In most cases, Bitcoin tends to rally ahead and after halving.
Finally, there is hope that the Federal Reserve will start cutting interest rates later this year if inflation continues dropping.
Cryptocurrencies and other risk assets do well when the Fed turns dovish.
Meme coins do better than other cryptocurrencies because of their lower notional value, increased whale activity, and their potential for huge gains.
Piggy Bankster will have a total supply of 100 million and an initial liquidity of 12,000. The starting price of its presale will be $0.00012. You can learn more about the token on the Piggy Bankster website and follow the updates on X.
#Megadrop #MtGox #altcoins #BinanceLaunchpool
Login to explore more contents