The crypto market has long been driven by Bitcoin’s momentum, and this time is no different. Currently, as of the time of writing, Bitcoin (BTC) is traded at $66,572 and ready to keep the momentum in this last quarter of 2024. With historical trends indicating that a bull run is on the horizon, the Bitcoin price is set to double in value, which is a 100% price jump. The current market conditions driven by increasing adoption and institutional interest, suggest that the Bitcoin price could break its previous all-time highs in this bull run. 
Notably, analysts have also raised their prediction on the Bitcoin price, forecasting that BTC could climb to almost $200,000 by the end of 2025. However, when the Bitcoin price takes off, altcoins usually follow suit, often providing substantial returns for investors. Two of these altcoins are poised to witness explosive gains, up to 120x their current value: Shiba Inu (SHIB) and the up-and-coming WallitIQ (WLTQ).
WallitIQ (WLTQ): The Token To Watch
While Bitcoin (BTC) is seeing steady increase, the native token of WallitIQ (WLTQ) presents the opportunity for a better return this bull run. WallitIQ (WLTQ) is a decentralised crypto wallet that provides a better experience for modern crypto users using Artificial Intelligence and Machine Learning. 
$SHIB
WallitIQ (WLTQ) has successfully passed the smart contract audit by Solidproof and with its innovation in digital asset security and user experience, WallitIQ (WLTQ) leads the way compared to other traditional wallets. With the use of AI, WallitIQ (WLTQ) incorporates cutting-edge security protocols, such as biometric and facial authentication, along with Escrow Connect technology to prevent threats. 
WallitIQ (WLTQ) provides users with advanced portfolio management, providing AI-powered suggestions and recommendations; this keeps users ahead of the market trend and able to make profitable decisions. As the need for projects with innovative use cases by investors increases, WallitIQ (WLTQ) stands out with its potential to grow exponentially, up to 120x during this bull run. With its utility token WLTQ listed on CoinMarketCap and currently in the presale stage selling for just $0.0171, now is the perfect time to get in early before the bull run and secure a position when it officially launches. WallitIQ (WLTQ) presale offers investors many opportunities, such as staking rewards of 180% APY, transaction fee payments, referral program bonuses and others.
WallitIQ (WLTQ) is already on its path to success and with the 100% jump prediction of the Bitcoin price, this decentralized wallet has a strong contender to follow Bitcoin’s upward momentum, offering investors a rare chance to experience massive gains.

Shiba Inu (SHIB), the popular meme coin, is also expected to benefit from the upcoming bull run. Having gained a massive following and established itself in the altcoin space, SHIB has shown resilience and the ability to bounce back during market upswings. 
Like WallitIQ (WLTQ), Shiba Inu (SHIB) has the potential to follow the Bitcoin price surge and clear zeros in its current market price of $0.00001747. If the Bitcoin price targets a 100% upsurge, Shiba Inu (SHIB) is pointing toward a 120x gain as the market picks up steam. While Shiba Inu (SHIB) is already a well-known token, its price remains relatively low, making it attractive for investors looking for high returns in the bull run.
Conclusion: The Perfect Chance To Align Your Investments For Growth
As the market prepares for a massive upswing led by Bitcoin (BTC) this bull run, the opportunity to capitalise on the potential 120x gains in tokens like WallitIQ (WLTQ) and Shiba Inu (SHIB) is now. WallitIQ (WLTQ), in particular, is offering investors a chance to buy into its utility token during the presale phase, giving early adopters the best possible entry point. Don’t wait until the market takes off; act now and secure your share of WLTQ before the bull run. The WallitIQ (WLTQ) presale is the perfect opportunity to invest in a project poised to revolutionise decentralised wallets and deliver significant returns.$BTC
#BTCBreak71K #shiba⚡

Data shows the cryptocurrency derivatives market has suffered a high amount of liquidations as the Bitcoin price has breached $71,000.
Crypto Derivatives Has Seen $223 Million In Liquidations During Last 24 Hours
According to data from CoinGlass, liquidations have piled up on the cryptocurrency derivatives market over the past day. “Liquidation” here refers to the forceful closure that any open contract undergoes after it has amassed losses of a certain degree (the exact percentage of which can differ between platforms).

There are two main factors that raise the possibility of a contract being liquidated: volatility and leverage. In the cryptocurrency sector, investors tend to freely make use of leverage and the prices of the various coins tend to show sharp price action often, so mass liquidation events can be regular occurrences.
During the last 24 hours, the market has once again witnessed volatility, which has predictably triggered another derivatives flush. Below is a table that shows the relevant numbers related to these latest liquidations.

As is visible, the cryptocurrency derivatives market as a whole has seen a total of $223 million in liquidations inside this window. Out of these, over $165 million of the flush has involved short positions.
This means that these investors betting on a bearish outcome have contributed to nearly three-fourths of the squeeze. The reason behind this is naturally the bullish push that the sector has enjoyed led by Bitcoin’s run beyond $71,000.

In terms of the individual symbols, Bitcoin and Ethereum (ETH), the top two coins by market cap, have contributed the most to the event with $85 million and $38 million in liquidations, respectively.

Out of the rest, Solana (SOL) and Dogecoin (DOGE) have seen the largest flush with $16 million and $14 million in liquidations, respectively. DOGE’s market cap is almost one-fourth of SOL’s, but the memecoin has seen a much larger jump of 13%, which could explain why it has managed liquidations of nearly the same amount.
On the whale, the liquidation squeeze during the past day was of a notable size, but it’s possible that the sector could continue to see a flush, going by the trend in the market cap to open interest ratio.
The “open interest” here refers to a measure of the total amount of Bitcoin-related positions that are currently open on all derivatives exchanges. As an analyst has pointed out in a CryptoQuant Quicktake post, the ratio between BTC’s market cap and open interest has been in a dangerous territory recently.

When this indicator has a low value, it means the open interest is large compared to the market cap, which can imply potential overheated conditions for the market. Thus, it’s possible that Bitcoin could see more mass liquidation events in the near future, to clear out the excess positions that have piled up.
BTC Price
At the time of writing, Bitcoin is trading around $71,300, up more than 7% over the past week.
$BTC
#BTCBreak71K

Meme coins Dogecoin and Shiba Inu are on double-digit gains in the past 24 hours, leaving many holders in gains overnight. Dogecoin, often hailed as the king of meme cryptocurrencies, has led this rally with a 16% increase in 24 hours, quickly breaking through significant resistance levels at $0.15 and $0.16.
$DOGE
The rally isn’t limited to DOGE alone. Shiba Inu, another popular meme coin, has also benefited from the positive sentiment in the market, recording an approximate 10% gain within the same timeframe.

This surge in the prices of Dogecoin and Shiba Inu can be attributed to recent dynamics in the US election landscape, which have spurred broader interest in the cryptocurrency market. Interestingly, this interest has also pushed Bitcoin to now trading at a six-month high above $71,000.
$BTC
Dogecoin And Shiba Inu Pump After Trump Rally
While speaking at a Trump rally held on Sunday in New York’s Madison Square Garden, Musk made a brief speech during which he made a reference to something he called the Department of Government Efficiency. The term, seemingly random at first, has sparked considerable attention among meme coin fans, particularly Dogecoin enthusiasts. 

When abbreviated, ‘Department of Government Efficiency’ spells out DOGE, aligning perfectly with Dogecoin’s ticker symbol. This connection has taken hold in the meme coin community since Musk first coined the term in early October, with many of them expecting a substantial rally if Donald Trump were to win the upcoming election. 
The excitement was amplified shortly after Musk’s appearance at the rally, when he posted a meme on social media platform X later that day featuring himself alongside the iconic DOGE avatar. 
$SHIB
This playful nod to the Dogecoin avatar, which current has over 56.4 million views on the platform, sent social media into a frenzy, with many meme coin supporters banking on the post as renewed support for DOGE. The ripple effects were immediate, as Dogecoin experienced a rally that quickly spread to other meme assets, including Shiba Inu, Pepe, and Dogwifhat.
DOGE To Make New 2024 High
As of the latest data, Dogecoin is trading at $0.1649, having reached an intraday high of $0.1683 in the past 24 hours. Interestingly, DOGE is now up by about 16% in this timeframe, which is arguably one of its best performances since April. 
Dogecoin bulls are attacking the $0.17 price level with the aim of a significant break to the upside. Technical analysis indicates that DOGE’s latest rally has formed a breakout from a bull flag pattern on the 4-hour chart, a bullish signal suggesting continued gains. Crypto analyst Ali Martinez noted a price target of $0.175.

As it stands, Dogecoin’s price activity is attracting attention due to its association with Elon Musk and, indirectly, with the U.S. presidential race. If Dogecoin traders were to keep up the momentum, this could see thebulls attacking its 2024 high of $0.22 before the end of the year.

#BTCBreak71K #doge⚡ #DogecoinCommunity #shiba⚡ #Shibainuholder