Breaking News: The United States has just approved futures trading for cryptocurrencies, with Asia and Europe likely to follow suit soon, releasing billions in new liquidity for cryptocurrencies. This is why it is so bullish + 5 low-priced tokens to watch:
Every major cryptocurrency rebound requires a catalyst.
In Q1 2024, Bitcoin ETF approval.
In Q4 2024, Trump wins and announces SBR.
Now, we have just received the next catalyst to drive the alternative investment rebound.
This time, the United States has announced it will allow perpetual contract trading for cryptocurrencies.
Why is this important?
➢ Increased trading volume
➢ More retail traders
➢ Enhanced liquidity
Even after BTC hits new highs, this will still drive cryptocurrency prices further up.
Moreover, this aligns perfectly with other bullish catalysts:
➢ Global quantitative easing
➢ Easing of trade wars
➢ Regulatory support for cryptocurrencies
➢ New ETFs coming soon
And there will be more, both from macro factors and from cryptocurrencies themselves.
1) $PURR
Purr is Hyperliquid's official meme coin.
Price: $0.21
Market Cap: $130 million
2) @animecoin| $ANIME
Anime is a memecoin associated with Azuki NFT.
Price: $0.03
Market Cap: $168 million
io allows users to share unused GPU computing power with AI companies that need it.
Price: $1.1
Market Cap: $183 million
Arkham is a blockchain analytics startup that provides an intelligence platform revealing real-world entities in the crypto market.
Price: $0.7
Market Cap: $175 million
5) @cookiedotfun| $COOKIE
Cookie3 is a data-driven toolkit that tracks everything from yaps to swaps.
Price: $0.3
Market Cap: $155 million