The cryptocurrency market has been up and down in the past two days, and the market has been completely washed out. The Microsoft shareholder meeting mentioned earlier ended with a vote to reject the Bitcoin investment proposal. In addition, Google officially announced the quantum chip Willow, which also brought a lot of shocks to the market. Small investors sold their stocks one after another, but the net inflow of Bitcoin ETFs continued to flow in. Last night, the US November CPI was released in line with expectations, and the funding rate was directly reduced to 0.
The car is lighter, the market is easier to pull, and it reached $100,000 again in the evening. So where is the next direction of Bitcoin? Remember to like, follow and forward.
Trump will take office in January next year. There are reports that Trump hopes that the number of bitcoins can reach 150,000 in the early days of his term. This may not be groundless. Before that, he proposed to use bitcoins as an asset.
Why did Trump accept and start supporting Bitcoin? Musk said that the $35.7 trillion debt is likely to bankrupt the United States and blow up Bitcoin, so there will definitely be more favorable policies released by then, and the second largest $ETH may take off with the Shanzhai. Friends, do you think Bitcoin can reach 150,000 next year? You can discuss and exchange in the comment area.
Follow the trend of copycat stocks and invest in 4 stocks that will increase 10 times in the future!
1. baby
Pepe Coin has proven itself to be a standout in the cryptocurrency market, having performed exceptionally well over the past year, gaining 1518.31%. This performance has put the token above 94% of the top 100 crypto assets, solidifying its strong position.
A closer look at the price chart of Pepe Coin shows that the price of Pepe Coin has been volatile but consistently rising over the past 12 months. Notably, it has remained above its 200-day simple moving average (SMA), indicating strong bullish momentum. Active trading highlights the speculative interest driving its rapid rise.
Overall, Pepe Coin’s impressive growth and solid market positioning have attracted interest from cryptocurrency enthusiasts, making it a coin worth keeping a close eye on.
2.SUN
Trump appointed David Sacks as the AI and Crypto Tsar, indicating that the United States has officially and fully recognized the cryptocurrency industry, and indirectly indicated that the probability of the SEC finding faults in the past will be much lower in the future. At the same time, the previous ETF spot review system will no longer be used.
SOL spot ETF is on the agenda of Grayscale, and the result will be released in the first quarter of 2025 at the earliest. The probability of passing is more than 90%. Although SOL has not performed so well in recent days, XRP and BNB have grabbed the limelight when they reached new highs, and their market value has also suppressed them. It will take until January for a complete outbreak. As long as SOL's ETF application is passed next year, it will be not far from 1000U per SOL.
3.RAY
Raydium has become a strong player in the decentralized exchange (DEX) space, recently outperforming Uniswap and occupying the top spot for two consecutive months. Raydium’s monthly trading volume is as high as about $125 billion, nearly 30% higher than Uniswap’s about $91 billion, consolidating its leading position among all chains.
Raydium’s recent performance has been equally impressive. In the past 24 hours, the token has surged 22.54%. On November 9, after four consecutive days of gains, the token hit a 34-month high of $5.97. The rise made it the best performing asset of the month, with a market cap of over $1.6 billion and brought significant returns to investors.
