Good morning everyone! Overview of the cryptocurrency market dynamics on November 19, 2024!
1) Market Trends 点击领NOT红包
BTC is showing a volatile trend at high levels, with 100,000 being a strong resistance level. Strong altcoins are leading the decline, while older coins are showing a rebound, and on-chain meme coins are rampant.
U.S. stocks are mixed. MicroStrategy continues to buy $4.6 billion worth of BTC. Trump Media Group DJT plans to acquire the digital exchange Bakkt.
2) Market Highlights:
1. Older coins such as HBAR, XTZ, POND, etc., are seeing a rebound. Exchanges are lacking further hot topics for speculation.
2. Previously strong coins like PUNT, ACT, etc., are leading the decline, with market adjustments imminent.
3. On-chain meme coins like URO, RIF, BAN, etc., have surged significantly. URO is the second in DESCI and is said to have good experimental data. BAN is an art-related meme coin, and BN has newly launched contracts.
4. The FB in the BTC ecosystem has surged significantly. FB is the BTC L2 of Unisat, and BN has opened a mining pool.
5. The stablecoin USUAL has begun pre-market trading, with a total supply of 4 billion, pre-market price around $0.5, and a market cap of approximately $2 billion. The leading coin in the same sector, ENA, has a market cap of $8 billion.
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