Artificial intelligence (AI) and big data-based tokens have recorded significant growth amidst the current crypto market rally, with market capitalization soaring drastically by 133.33% since hitting its lowest point in early August 2024.
According to CoinMarketCap data, the total market capitalization of AI and big data tokens has now reached US$42 billion, accounting for a market share of around 1.36% of the total global crypto market capitalization which is currently worth US$3.08 trillion.
Some of the main tokens that dominate this sector include Near Protocol ($NEAR ), Internet Computer (ICP), Render ($RENDER ), BitTensor ($TAO ), as well as the combined token resulting from the merger of the Artificial Superintelligence Alliance (ASI/FET).
The surge in AI token prices was driven by positive investor sentiment, which strengthened after Donald Trump was re-elected as President of the United States. The pro-crypto policies he implemented fueled optimism towards clearer regulation of digital assets, providing a strong impetus for the growth of this market.
Crypto asset analyst, Ali Martinez, said Dogecoin (DOGE) has entered a parabolic bull run phase. One of the strong signals is that whales have bought millions of DOGE, confirmed the upload on November 15, 2024. He even dared to say the price could reach US$2.40-23.26.
In the upload he refers to his X status on November 15 2024, at which time the Dogecoin whale was tracked to have bought 140 million DOGE in the last 24 hours. That much meme coin is equivalent to US$56 million!
He even boldly said, the market seems more enthusiastic about buying DOGE than BTC.
“As Dogecoin prepares for a historic bull run, crypto fans seem to prefer DOGE to BTC,” it said.
Then, from a technical point of view, he believes that the crypto with the Kabosu dog meme symbol has not yet reached the overbought zone, aka overbought.
From one analysis image, he thinks the price could target US$2.40 to US$18, referring to the November 12, 2024 upload.
However, he warned, with such a large price forecast for $DOGE , he warned the market to prepare for a very sharp correction.
Dogecoin reached its all-time high price on May 8, 2021, namely US$0.7376. Currently, its value has decreased by 46.54 percent compared to that record.
In facing the potential for a parabolic Dogecoin bull run, investors are reminded to remain careful and not get carried away by mere euphoria. Ali Martinez has given his views, including the potential for a spectacular price of up to US$23.26, but he also warned of the risk of a sharp correction like that which occurred in the past after touching the peak.
SEI Climbs 60% to $0.65, But Liquidation Concerns Persist
Sei ( $SEI ) has seen an impressive 60% rise in the last two weeks. After a pullback to the 50% Fibonacci level, the coin has gained bullish momentum. Currently, SEI trades at $0.4874, marking a 3.94% increase in the past 24 hours. Trading volume stands at $783.84 million, and Total Value Locked (TVL) is at $207.32 million. Despite this growth, concerns about liquidation risks remain.
At $0.4600, SEI’s breakout point suggests a target of $0.65. This target comes from adding the flagpole height to the breakout level. If the breakout holds, SEI could reach $0.65, showing significant upside potential.
Resistance at $0.5460 and support around $0.4414 are key levels. The Alligator lines confirm that the market is trending, with SEI staying above these lines. The Supertrend is green, further supporting the bullish outlook as long as SEI remains above the trendline.
SOL Price Crosses $245! Will the Momentum Continue?
The Solana ecosystem is showing strong performance with high transaction activity.
Based on the latest data from DefiLlama, five of the ten protocols with the highest earnings in the last 24 hours came from the Solana network. This shows that the Solana ecosystem remains a center of innovation and market interest.
Raydium, a Solana-based automated market maker (AMM) protocol, recorded daily revenue of $11.31 million on November 17, 2024, setting a new record.
Liquid staking protocol Jito generated $9.87 million, while pump.fun, a memecoin launch platform, posted $1.65 million in revenue in a single day.
Additionally, Photon, a trading bot that also features a Telegram bot for Solana memecoin-related transactions and information, earned $2.36 million, reflecting growing interest in the sector.
Memecoins such as Peanut ($PNUT ) and Dogwifhat ($WIF ) are the main drivers of this activity. PNUT, for example, saw its value increase by 2700% in the last two weeks, with a market capitalization of $2.4 billion.
Meanwhile, newly listed WIF on Coinbase pushed its price to $4.19, the highest in the last six months. This increased memecoin activity adds to Solana's attractiveness in the eyes of investors.
$SOL price is currently above $245, approaching its record high of $259 in 2021.
Technically, the long-term chart shows a cup and handle formation, a pattern that is usually a positive signal for future price movements.
Pepe Coin price staged a recovery while bullish momentum signals potential gains ahead
Pepe (PEPE), the third-largest meme coin, has seen a significant recovery, rising to $0.000021 on Tuesday, its highest level since Nov. 18 and marking a 260% increase from last year’s low. The surge coincides with Bitcoin (BTC) nearing the crucial $100,000 resistance level, driving a wave of fear of missing out among crypto investors as the fear and greed index climbs to 85.
On-chain data reveals continued buying activity from Pepe whales. One whale reportedly moved $2.3 million worth of PEPE from Binance to a private wallet. Data from Llama Feed shows that whales purchased over $10 million worth of PEPE on Thursday, Nov. 21.
Trading volume for PEPE has also spiked, with a 24-hour volume of over $5 billion, making it the second-most traded meme coin after Dogecoin, which recorded $10.2 billion in daily volume.
In this case, the coin will likely rise and reach this month’s high of $0.000025, which is about 23% above the current level. A break above that level will invalidate the double-top pattern and point to more gains.
By measuring the distance between the cup’s upper and lower boundaries, technical projections estimate a potential price of $0.000045, representing an increase of approximately 110% from current levels. Conversely, a drop below the $0.000016 support would invalidate the bullish outlook.
Don’t Miss Tron and Litecoin’s Rise: Post-Trump Crypto Hype Points to New Peaks
Litecoin $LTC Shows Bullish Momentum with Potential Upside to $112 Resistance Recent market movements suggest that bulls are driving Litecoin’s price. Over the past week, Litecoin has gained 11.53%, and in the past month, it has increased by 15.33%.
The current price range is between $73.24 and $99.82. If the price continues to rise, it could reach the nearest resistance level at $112, which is about 32% higher than $85. From there, it might aim for the second resistance level at $139, offering a potential increase of around 64% from $85. The recent upward trend indicates potential growth. These factors suggest a favorable setup for Litecoin.
TRON Nears Oversold Territory; Bulls Aim for Break Above $0.23 TRON ($TRX ) is trading between $0.17 and $0.22, with both the 10-day and 100-day Simple Moving Averages at $0.20, showing stability.
The Relative Strength Index is 34.02, and the Stochastic is 34.76, suggesting TRON may be approaching oversold conditions. With the nearest resistance at $0.23, a break above could see TRX target the next resistance at $0.27, a potential gain of over 20%. Over the past month, TRON’s price has increased by 25.41%, and by 70.29% over six months. The MACD level is close to zero at -0.0012, indicating possible bullish momentum. The current market setup may present an opportunity for interested investors.
5 Altcoins with the Biggest Upside Potential in the November 2024 Bull Run!
Pintu News – Altcoins are one of the assets that is attracting attention with extraordinary performance during the bull run this November 2024. Here are the five altcoins with the biggest gains this month, according to the Crypto Times page.
1. Ripple $XRP recorded a significant increase, surpassing $1 (Rp. 15,888) for the first time since November 2021. Currently (20/11/24), 103% in the last month.
2. Dogecoin $DOGE recorded an extraordinary increase of up to 171% in the last 30 days, with the price currently at around IDR 6,171 (20/11/24). This momentum was driven by a court decision to dismiss a class-action lawsuit against Elon Musk regarding alleged DOGE price manipulation in 2021.
With recent price stability, Dogecoin remains a favorite among investors.
3. SUI $SUI recorded an increase of 23% in the last week and 86.64% so far this month. Currently, SUI is trading at IDR 59,823 with the next resistance target at $4.02 (IDR 63,869).
If it successfully breaks through this level, SUI has the potential to rise to $5.38 (Rp. 85,477), representing a potential increase of more than 50% from the current price.
4. LUNC Furthermore, LUNC saw its price surge by more than 31% in the past week, with a monthly increase of around 23%. It is currently trading between $0.00008 and $0.00011, with resistance target at $0.00013.
5. Stellar (XLM) Stellar recorded a significant gain of 89.43% in the past week, trading at IDR 3,711 with an upside target of $0.1508. The 10-day SMA is above the 100-day SMA and the MACD indicator shows strong upward momentum.
BONK price has surged 74.63% in the last 7 days, moving closer to the US$4 billion market capitalization milestone. The current momentum is supported by bullish indicators, including the RSI of 62.95, which suggests there is still room for further gains before entering overbought territory.
The Ichimoku Cloud chart and EMA lines also confirm a strong uptrend, with price trading well above key support levels. If this strength continues, BONK could try US$0.00006 and reach a new record high, but a reversal could cause a significant correction towards US$0.000033 or US$0.000021. Now $BONK is trading around $0.00005091
BONK's RSI is at 62.95, down from over 70 a few days ago when it hit a new record high. This drop marked a brief lull in momentum, but the current uptrend suggests that the coin is gaining traction again.The Relative Strength Index (RSI) tracks price momentum, with a reading above 70 indicating overbought conditions and below 30 indicating oversold levels. At 62.95, BONK is still in bullish territory but has room to grow before reaching overbought status.
Renewed momentum could push prices higher as buying pressure increases, as BONK establishes itself as the fourth largest meme coin on the market and the largest in the Solana ecosystem.
This story begins with a small child who succeeded in shaking up the crypto world by selling tokens on a large scale via live streaming. He created a meme token called Qu-ant through the Pump Fun platform on the Solana network. Not long after the token launched, he sold all 51 million of his QUA-NT tokens for 128 SOL or $30,000, making a profit of $29,600. The action was carried out with full confidence. While live streaming, he showed two middle fingers to the audience as a "celebration" of his
Bitcoin Hits a New ATH Above $97K, Nearing the $100K Target
Earlier, Bitcoin hit a new ATH above $97,000, fueled by huge optimism in the crypto industry stemming from Trump’s crypto policies and increasing interest in the digital asset and related products, including BTC ETFs, and the newly launched BTC ETF options.
At the moment of writing this article, BTC is trading above $97,032, up by 4% in the last 24 hours.
The institutional interest in Bitcoin and related products continues to rise, as BTC ETFs recorded a continued streak of inflows this week.
Yesterday, the crypto products saw over $773 million in inflows, pushing the week’s flows close to $2 billion, according to data from SoSoValue.
The total net assets locked in the crypto products as of November 20 surpassed $100 billion, and the cumulative flows in BTC ETFs are over $29 billion, the same data shows.
On Sunday (17/11) evening, the price of Bonk reached its peak at US$0.000056, before experiencing price fluctuations again. Until now, Bonk is trading at around US$0.000051, with a daily decrease of -5.9% in the last 24 hours. On a weekly basis, this asset has recorded a price appreciation of up to 95%.
$BONK also recorded a significant increase in its daily trading volume, increasing by 30% to reach US$2.38 billion. This increase pushed Bonk's market capitalization to US$3.90 billion , shifting DogWifHat's ($WIF ) position and making it the fourth largest memecoin, just below Pepe ($PEPE ).
One of the main triggers for Bonk's current price increase is the token burning planned by the Bonk Decentralized Autonomous Organization (DAO).
In an announcement on November 15, DAO Bonk stated that it would buy and burn up to 1 trillion Bonk tokens on Christmas Day which falls on December 25.
3 Altcoins to Track in the Third Week of November 2024
November 2024 has brought some exciting price movements. Bitcoin reached a new ATH, while several altcoins are showing potential for big gains. Some are climbing to new price levels, while others are gearing up for major events. Analysts are watching three altcoins closely this week. Each one has upcoming milestones that could spark growth.
1. $APT is holding above $11.92, an important price level. This marks the 61.8% Fibonacci Retracement line, often seen as support in a bull market. Additionally, Bitwise is launching the first-ever Aptos Staking ETP, which could increase APT’s demand. If momentum builds, Aptos could break past $14.05 and keep climbing. However, a drop below $10.92 could change the outlook. If that happens, the price might fall to $9.15, raising concerns for investors.
2. $FLOKI has jumped 128% in the last two weeks. The current price is $0.0002307, and a further rise is possible if the resistance at $0.0002450 breaks. A major event for Floki is the launch of the MONKY memecoin on November 21, 2024. This launch, in partnership with Animoca Brands’ Forj and supported by ApeCoin and Bored Ape Yacht Club, could drive interest in Floki. As per technical analysis, Floki could reach $0.0003138 if momentum continues.
3. $SOL is popular for speed and scalability. Unlike other platforms like Ethereum, Solana doesn’t rely on sharding or second-layer solutions. This allows for fast transactions and flexibility in development. As more decentralized applications (dapps) migrate to Solana, demand for the SOL token could rise. Developers and investors are paying attention to this high-capacity network. The increased use of Solana may push SOL prices higher.
In this third week of November 2024, Aptos, Floki, and Solana are posting significant returns.
$LUMIA is trading at $1.423, soaring by +35.65% in the last 24 hours. The price recently hit a 24-hour high of $1.570, signaling strong bullish momentum. With a 24-hour low of $$1.047, the surge reflects significant buying interest and rising market confidence.
We should closely watch the $1.458 resistance level, as a breakout above could push prices higher toward new targets. On the downside, $1.383 support is critical; a dip below may trigger pullbacks. With volumes surging to 1.03M USDT, momentum is on the rise—perfect conditions for decisive trades.
The Layer-1 crypto Sui (SUI) has been one of this year’s biggest highlights. It has gone on several price discoveries; the latest was a run to $3.9 earlier this week. Despite the slight decline, the Sui price is up by over 15% in the past 7 days and 80% on the monthly chart, trading above $3.7.
A breakout above $4 might push the push further. Technical indicators like the $SUI price above the 10-EMA ($3.41) and 10-SMA ($3.47) are bullish signals hinting at more price gain. In addition to these key indicators, crypto analysts believe it is among the best coins to invest in.
DudeStellar, a crypto analyst, suggests SUI might hit $5.50 by December. Meanwhile, another crypto trader and analyst sees the altcoin price hitting $10 by December, placing it on the list of top cryptos to invest in.
coinmarketcap. com At the moment of writing this article, $BTC is trading above $94,400, up by 3% in the last 24 hours. Earlier, the coin reached a price above $94,500 – its new ATH.
Bitcoin’s market cap surpassed $1.87 trillion, being positioned in the 7th spot on the list of Top Assets by Market Cap in the world.
Together with strong optimism in the crypto industry, stemming from upcoming changes in Washington in 2025, and friendlier crypto policies, BTC’s recent rally post the US elections was also supported by significant flows in BTC ETFs, and the launch of BTC ETF options in the US.
After yesterday’s success seen by BlackRock’s IBIT options trading, today Grayscale launches its own options for the two BTC ETFs. These crypto products are mirroring increased institutional interest in Bitcoin and related products, which, together with multiple other factors, metrics, and the prospect of Strategic Bitcoin Reserves in the US and other countries are setting the stage for the king coin to reach $100,000 soon.
Bitcoin's New $94K High: Why Is Nobody Celebrating?
Bitcoin hit a new all-time high of $94,002. But despite this milestone, the reaction from social media and the crypto community has remained muted. Now $BTC is around $94,444.01
According to Santiment data, Bitcoin's rise to new highs has not triggered the wave of euphoria usually seen during price spikes. The chart reveals that even with Bitcoin approaching $100,000, sentiment on the social platform remains relatively neutral, with only occasional positive spikes.
Additionally, Bitcoin's move to the “Neutral Zone” in sentiment analysis could mean lower volatility and more stable progress. Historically, neutral sentiment has often coincided with less accurate price predictions, making the market's short-term outlook unpredictable.
Altcoin Season seems to be arriving soon as the main narrative continues to gain strength in the crypto scene. AI-based tokens and meme coins took center stage, dominating 50.4% of the market narrative while indicating a shift in investor focus.
This trend is reinforced by the rising market capitalization of altcoins, now at US$837 billion—the highest level since the start of 2022. However, altcoins are still 35% below their peak. These conditions provide significant growth opportunities as capital shifts from BTC and ETH to promising new assets.
The emergence of a strong narrative often marks the start of an altseason. When certain themes capture attention, this drives attention and capital away from major players such as BTC and ETH.
Currently, AI tokens and meme coins are dominating, accounting for 50.4% of the narrative mindshare in the crypto sector. This reflects a growing shift in focus towards this theme, paving the way for the season's broader altcoin momentum.
AI token leads with 27.76% while meme coin follows at 22.64%. This reflects increasing user interest in certain categories.
In turn, this could dim the dominance of BTC as well as ETH.
In line with increasing interest in new opportunities, altcoins could witness substantial growth in the coming weeks, triggering a new altcoin season for this cycle.
Early November, investors of the Telegram mini app-based, Banana Gun (BANANA), received 250k tokens, worth over $12 million. With 7.12 percent of the BANANA token’s circulating supply about to be released, the bearish sentiment will likely persist ahead.
After an impressive 10x rally in the past year, BANANA's price has been forming a potential reversal pattern in the higher time frame.
Now $BANANA is trading around $64.68 Increase +10.31% in 24H