$BTC surges close to $100,000. Altcoins follow with $ETH rebounding, but this round most altcoins underperform BTC by about 60%. The SEC chairman will resign at the end of January.
U.S. stocks are up, while MicroStrategy suffers a plunge due to short selling.
Market Highlights:
ETH sees catch-up growth, with its ecosystem including OP, SCR, ETHFI, and ANON also rising. ETH and BCH are catching up recently, with capital beginning to spill over. ANON, a social protocol on the Base chain, surged fivefold in one day.
$SOL breaks new highs with significant gains, with ecosystem components like JTO and RAY also rising. Progress has been made in the application for a SOL ETF. SOL’s competitor, SUI, experienced a two-hour paralysis yesterday.
Exchange token FTT surges, with FTX planning to repay its debts at the beginning of 2025.
On-chain memes like ZEREBRO, BULLY, and PROJECT89 have seen significant increases. All three are AI-related: ZEREBRO is an AI NFT with a market cap of $400 million; BULLY involves AI-generated characters and has received ACT funding; PROJECT89 is an AI-enhanced virtual reality game.
Most of the Airdrop on $TON starting from NOT, DOGS up to $X Empire $X have been resurging in price and with the bullrun looking to start in full swing as we approach December, it will be unwise to sell your remaining airdrop for peanut.
Most of all the upcoming airdrops like $MEMEFI and $MAJOR will leverage on the current $BTC price action to gain massive adoption.
As $MEMEFI list tomorrow, locking up your airdrop via Bitget poolX enable you to earn more tokens to maximize your gains.
$BTC is surging towards $100K, with an OKX futures long-to-short ratio of 0.5. BTC's dominance has reached a new high of 61%, causing altcoins to plummet, with meme coins leading the decline.
U.S. stocks showed mixed results. MicroStrategy plans to issue bonds to purchase $2.6 billion in BTC, following a similar cycle loan model to Luna. MicroStrategy's trading volume in the U.S. stock market is approaching that of NVIDIA.
Market Highlights:
Meme coin $FLOKI is rising and is set to be listed on Coinbase. Previously strong meme coins such as $PNUT , ACT, and RIF have all crashed, halving in value. It's likely that the meme coin market will rest for a month.
The on-chain meme coin CHILLGUY has surged dozens of times, reaching a market capitalization of $400 million in just a few days. CHILLGUY, created by an artist in 2023, represents a laid-back lifestyle and has gained popularity on TikTok.
Only those who doesn't look beyond now thinks that $BTC has reached its high and might retrace. Buying #BTC☀ at $100k is still cheap when you think of what is ahead in 2030 and beyond. It took years for those who bought in 2009 and 2010 to become millionaires
CZ once said You can't be rich in crypto if you can't hold. If you are looking for short time gains, you are bound to FOMO and loss out. That's why you are told to always invest what you can afford to lose but the honest truth is that you don't loss in this game is you are patient enough and consistently learn.
$BTC is experiencing high volatility with a general decline in altcoins. BTC dominance continues to rise. U.S. stocks are up. The Russia-Ukraine war escalates, with Russia permitting the use of nuclear weapons.
Market Highlights:
$USUAL is listed on Binance, with a market capitalization of $1.2 billion. VC coin underperforms expectations, while a similar project, ENA, has a market value of $8 billion.
Game OL, listed on OKX, sees a significant increase, reaching a market cap of $500 million. Open Loot is a gaming platform that supports several games, including BIGTIME, with a cumulative trading volume of $500 million since 2024.
Older projects like $CRV and CVX are catching up. The exchange market lacks hotspots, with funds cycling through once.
There’s a general decline on-chain, with capital rotating to the BSC chain. AI's ELIZA surges, while AI16Z plummets, with the founder starting anew. DeSci plummets, and Bio is set to launch three new coins. BSC chain's CHEEMS and WHY are catching up.
$BTC has been on a strong rally over the past few days, showing potential for a significant upward move. If the key $93,000 resistance level is breached, we could see Bitcoin pushing toward $100,000 in coming days.
Tokens like $DOGE , $SHIB and PEPE often mirror BTC momentum, so it's a good time to keep those positions active.
Additionally, don’t miss the opportunity to participate in Bitget's Diamond Thursday event, where you can trade BTC and compete for a share of 250,000 worth of DOGE coins.
Its obvious memecoins have been the biggest gainers in the last one month.
The likes of $ACT $PNUT GOAT and BAN (Futures) came up from nowhere and made several millionaires overnight
The announcement and subsequent listing of this tokens on Binance further gave it a lot of credibility and enhanced it to further pump but unfortunately a lot of people missed out on the fun.
Lots of memecoin are poised to be released in coming weeks as the momentum for the bullrun will be in full swing come December and here is how you can maximize your gains by being early
1. Y'all know Binance won't list unrecognized token and for them to list it, the mcap must have surged to a reasonable amount
2. Most of the memecoin on DEX are aimed to rug the community but a few of them with good devs eventually make it big so identifying the real from fake is the issue here and that's where exchange like Bitget who knows how to conduct proper research on memecoin before they go mainstream comes in.
To maximize your gains, you need to be among early buyers otherwise you will be an exit liquidity. Bitget listed GOAT, ACT PNUT and BAN weeks and days before Binance and those that bought early made significant gains so if you are looking to buy memecoin before it goes live on Binance then Bitget is the right place.
$BTC is starting to adjust, and older coins are catching up. There's ongoing hype on-chain about memes with VC backing.
U.S. stocks have fallen sharply. The U.S. dollar index has risen significantly. The market expects that after a rate cut in December, there will be a pause in rate cuts for a while, with the number of cuts in 2025 significantly reduced to two.
Market Highlights
$SOL and SUI have surged, with SOL ecosystem components like RAY and DRIFT also rising. The SOL/ETH exchange rate has reached a new high, positioning SOL similar to ETH in the last cycle for DeFi, acting as an entry chip for memes.
Memecoins like PNUT, BONK, and BANANA are rising. Elon Musk mentioned Squirrel, Pepe, and Banana again on Twitter, essentially indicating that PNUT and DOGE are likely to rise and fall together in the long term. BONK plans to destroy one trillion tokens in December.
RWA's OM has surged, increasing 250 times over the past year, with a trend similar to manipulated stocks.
Older projects like $XRP , LUNA, and ATOM are catching up, indicating a lack of market hotspots and a high likelihood of adjustment.
On-chain memes like RIF, URO, SCI, and VITA have surged. RIF and URO are part of DeSci's pump.science’s two official medical memes are researching drugs for immortality. DeSci is based on Binance’s investment in Bio for subsequent hype, similar in logic to a16z's investment in AI memes like GOAT and ACT, and is worth long-term observation.
My biggest gains buying tokens via pre-market has come from $EIGEN $CATI and $grass.
A lot of new projects are gonna ride the bullish trend of $BTC and $ZRC is another potential token on my radar.
Not sure of the listing date but the pre-market trading activity on Bitget has witness significant increase and adoption boosting confidence that the Layer 2 project might be a project to HODL as possibility of ETH gas increase looks imminent as the bull season is already with us
Unless the $TON blockchain focus on real developmental plans and stop depending on tap-to-earn projects without any real use cases, they will soon fade out and their TVL will reduce drastically over the next couple of months.
They need to learn from $SOL $ETH and BSC chain who have stayed relevant in the space all this years.
Most projects on $TON ecosystem lately haven't been performing up to expectation in terms of rewarding the community members.
If this persist, we could see massive outflow of users away from ecosystem in no distant time.
X Empire $X is the latest listing that disappointed the community but could piggypiggycoin $PGC rise to the occasion and change the narratives
Well not quite certain about what to expect but from the pre-market price of $0.01 on Bitget and the total supply not exceeding 1.3 billion, there could be a fair distribution that will favour the community members.
1. It's already oversubscribed on Binance launchpool by 250% showing strong interest from investors
2. Registration for DAO validators already over saturated and only 7% is allocated for season 1 airdrop
3. Only 50% can be claimed before TGE with the remaining spread over 3 years (vesting). This means no massive sell off or dump is expected upon listing.
4. Although you can choose to claim 100% of your allocation at TGE but with 20% dedicated as penalty
5. Overall sentiment is bullish and the buying order from Binance and Bitget pre-market is on the rise.