Bitcoin's price continues to reach new highs, breaking the $99,000 barrier, invigorating the entire cryptocurrency market. Established altcoins are also emerging, with Ripple (XRP) being particularly eye-catching.
In contrast to the booming Meme market, established altcoins seem to be quietly rising; they may not attract as much attention as meme coins, but they are accumulating market interest with steady increases.
As of November 18, the weekly trading volume of altcoins surged to over $300 billion for the first time since 2021. Among them, the trading volume of the four major tokens, DOGE, XRP, SOL, and PEPE, accounted for 60% of the total trading volume.

Shiba Inu [SHIB] is the second largest crypto meme coin globally, on the verge of a bull market after consolidating for nearly 10 days.
Cryptocurrency giant seizes 16.7 trillion SHIB tokens
Moreover, a significant increase in outflows observed on November 7 led to a substantial 62% rise in SHIB's price. However, this time, I expect a similar upward momentum for this meme coin.
In addition to this large-scale acquisition, massive user and investor activity seems to be increasingly active in SHIB, leading to a significant 98% increase in large trading volumes.
These massive acquisitions and the surge in large trading volumes indicate strong buying opportunities and herald bullish momentum.

Solana (SOL) surged to a new all-time high (ATH) on Friday and is currently trading around $260. The breakout surpassed the previous peak set in November 2021.
Solana has risen to new highs, up more than 32 times from its December 2022 lows.
Gary Gensler plans to resign, Solana stock hits record high
Solana’s path to this new high has not been smooth. After reaching its previous high in 2021, the platform suffered a downturn amid the broader cryptocurrency bear market in 2022, which was further exacerbated by technical issues and network downtime.

As of the time of writing, Ripple's XRP has risen over 26%, trading close to $1.39. Meanwhile, Bitcoin's price is also steadily approaching the $100,000 mark.
Previously, SEC Chairman Gary Gensler announced he would resign on January 20, the same day as Trump's inauguration. Although Gensler's term was set to last until 2026, it is common for agency heads to leave after a new government takes office.
Can XRP hit a new high?
If XRP successfully breaks through the $1.40 mark, it may quickly rise to the $2 level. While there may be some resistance before reaching $2, the historical all-time high (ATH) for XRP is $3.30.

Peanut Squirrel [PNUT] surged quickly earlier this month but has been steadily declining over the past week. The psychological levels of $1.5 and $1 are crucial for traders—the former has been abandoned as a support level.
The sentiment in the entire cryptocurrency market is very optimistic, as Bitcoin [BTC] is trading at $97,000, just a step away from $100,000. If Bitcoin continues to rise, it may put Peanut the Squirrel into a pullback phase in the coming days.
PNUT has fallen to the 50% retracement level.

On the 4-hour chart, PNUT is losing momentum. Since November 14, the bulls have bravely defended the $1.5 area. The bears' fierce attacks have continued for a week and successfully pushed the price down.

Over the past month, Celestia [TIA] has seen a significant drop in price, with its market capitalization shrinking by more than 12%. The daily chart reflects ongoing selling pressure, with the price declining another 6.60% as bearish momentum continues to strengthen.
TIA active users surge, but market sentiment remains pessimistic.
Recent data shows that over the past week, the number of active users on TIA's native network, the Celestial blockchain (which supports IBC), has significantly increased.
Cross-chain communication (IBC) chains like Celestial allow for easy data transfer and interoperability between blockchains. According to the latest data, Celestial has attracted 62,650 active users, ranking second among IBC chains in terms of user activity.

As of the time of publication, the value of Maker (MKR) is $1,528, having increased by nearly 2% in the past 24 hours. Notably, the token's performance reflects that of the broader cryptocurrency market, with a 24% increase this month.
However, despite the increase, Maker has been hovering in the range of $1,419 to $1,550 for the past two weeks. Nevertheless, increased whale activity may help break through these levels.
Indeed, data from IntoTheBlock shows that large MKR trades over $100,000 surged by 1,400% in just two days, increasing from 3,840 trades to 60,730 trades.

The Nvidia earnings report that the whole world has been waiting for has been announced, surpassing market average expectations, but not exceeding the 'highest expectations', leading to a drop in Nvidia's stock price—falling by more than 5% at one point after hours, before narrowing the decline.
The gameplay in this bull market hasn't changed; it's still on-chain meme and CEX Bitcoin. Currently, on-chain memes are in a pullback, yet Bitcoin continues to set new highs. These two factions are clearly independent and disconnected, and neither looks favorably upon the other.
In the past 24 hours, the total liquidation amount was $399 million, which only happened under the circumstance of Bitcoin reaching new highs. I can't imagine how many people would be liquidated if Bitcoin experiences a significant pullback. Cherish life, stay away from contracts.

FLOKI is a recently popular meme coin. Due to necessary events, its price has risen to the highest level in the past six months. FLOKI was recently included in Coinbase's listing plan, which caused its price to soar.
FLOKI currently has a market capitalization of $2.512 billion, surpassing 11 other meme coins and ranking sixth among meme coins.
Coinbase roadmap drives FLOKI price surge
FLOKI's inclusion in Coinbase's listing plan is one of the biggest positives for the token. The released statement has sparked traders' interest in the asset, and the price is expected to rise again after its inclusion.

Mantra (OM) price recently hit a new all-time high on November 18 and has surged 155.29% in the past seven days. This explosive rally highlights the strong bullish momentum that has pushed OM to its highest level so far.
However, recent indicators, including the RSI and Ichimoku Cloud, suggest that the uptrend may be weakening.
OM RSI shows neutral zone
OM’s relative strength index (RSI) currently stands at 52.7, below the overbought levels reached between November 16 and 18, when the index remained above 70 and Mantra prices hit all-time highs as the narrative around real world assets (RWAs) continued to grow.