In the last week, bitcoin experienced a modest increase of 2.7% against the U.S. dollar, while ethereum saw a rise of 6.5%. Concurrently, a range of other cryptocurrencies registered significant double-digit advances, notably the non-fungible token (NFT) marketplace Blur’s token BLUR, which soared by a significant 72% this past week.
17 Crypto Assets Record Double-Digit Growth
As of Sunday, November 26, 2023, the total market capitalization of the cryptocurrency sector stands at $1.43 trillion. This week, 17 distinct digital currencies achieved double-digit growth, with BLUR at the forefront with a 72% surge.
BLUR/USDT on November 26, 2023, via Okx.
Trailing BLUR, apecoin (APE) escalated by 26.3%, and klaytn (KLAY) observed a comparable ascent of 26%. Further, mina protocol (MINA) climbed by 24.1%, while illuvium (ILV) rose 22.9% over the week, as per the data from coingecko.com.
APE/USDT on November 26, 2023, via Binance.
Pursuing ILV, cryptocurrencies such as uniswap (UNI), sui (SUI), and bittensor (TAO) also experienced notable increases, ranging from 16% to 19.2%. Nevertheless, alongside these gains, several digital assets witnessed declines this week.
TIA/USDT on November 26, 2023, via Binance.
Celestia (TIA) experienced a significant drop, losing 21% over the week, and rollbit coin (RLB) decreased in value by 8.1%. Additionally, MATIC fell by 8%, and kaspa (KAS) suffered a 6% decline.
Other cryptocurrencies that didn’t fare well during this seven-day period include XDC, BNB, SOL, CAKE, and SHIB. On the flip side, the four digital currencies with the highest trading volumes this week were USDT, BTC, ETH, and USDC.
Within the $1.43 trillion crypto economy, bitcoin’s market value represents 51.2% of the total, while ethereum accounts for 17.5% as of November 26. In terms of 24-hour performance, the leading crypto gainers include SUPER, ETHW, ROSE, PRIME, and MAGIC, whereas the most notable losers are SNX, SEI, FTT, and PENDLE. @AayanCom @Aayannoman #Blast #cbdc #BTC
1. Verify the project's legitimacy on websites like CoinMarketCap, CryptoSlate, or CoinGecko. 2. Check the project's social media presence and community engagement. 3. Read reviews and discussions on forums like Reddit or Bitcointalk.
*Step 2: Find Airdrops*
1. Follow airdrop platforms like Airdrop Alert, CryptoSlate, or CoinMarketCap. 2. Join cryptocurrency communities on Telegram, Discord, or social media. 3. Look for airdrop announcements on project websites or blogs.
*Step 3: Eligibility*
1. Check the airdrop's eligibility criteria (e.g., holding a specific cryptocurrency, completing tasks). 2. Ensure you have a compatible wallet address (e.g., Ethereum, Binance Smart Chain).
*Step 4: Participation*
1. Complete required tasks (e.g., follow social media, join a group). 2. Submit your wallet address or registration information. 3. Receive your free tokens or coins.
*Step 5: Claiming Tokens*
1. Check your wallet for the airdropped tokens. 2. Ensure you have enough space in your wallet for the new tokens. 3. Claim or withdraw tokens according to the project's instructions.
*Step 6: Tax Implications*
1. Research tax laws in your country regarding cryptocurrency airdrops. 2. Consult a tax professional if needed.
*Best Practices*
1. Never share private keys or sensitive information. 2. Use reputable sources and fact-check information. 3. Set up a dedicated wallet for airdrops to avoid mixing with other funds.
By following this guide, you'll be well-equipped to navigate the world of crypto airdrops and potentially benefit from new cryptocurrency projects. Happy airdropping!
#News Today & Altcoins Rise surge. Investors are on high alert, eagerly watching for signs of the next big breakout. With Bitcoin’s movement often serving as a market indicator, the performance of altcoins also becomes a focal point. This article delves into the dynamics of the current market, highlighting which altcoins could be ready to explode. Stay tuned to uncover key insights and identify potential cryptos set for growth.
Not all crypto are EXTREMELY GOOD buys right now. Here are some projects you should buy right now projects you should wait for a dip before buying! 🔴 Too late to buy: 1: $SOL 2: $AVAX 3: $BTC 4: $ETH 5: $TAO 6: $INJ 7: $FET 8: $AGIX 9: $WIF 10: $AR 11: $UNI 12: $PEPE 13: $NEAR 14: $OCEAN 🟡 Neutral (50/50): 1: $OP 2: $MNT 3: $SEI 4: $SUI 5: $STRK 6: $ORDI 7: $ROSE 8: $WOO 9: $LINK 10: $XRP 11: $IMX 12: $HBAR 13: $BNB 🟢 Good buy: 1: $SPCT 2: $METIS 3: $ATOM 4: $SFUND 5: $ARB 6: $VDZ 7: $TIA 8: $ADA 9: $KAS 10: $CELO 11: $AZERO 12: $DOT 13: $MANTA 14: $PROPC 15: $ALT I’ll make some of my followers extremely RICH this crypto bullrun. Many people will regret not following me. Save this post to your bookmarks & come back in a few months! Follow me for more updates#bitcoinhalving
😧The update provides an urgent alert regarding Bitcoin's current price movement. It mentions that Bitcoin has broken below a trendline area on the 4-hour timeframe, which is considered a crucial development.
👆🏻The analysis suggests that the current price range of $68,000 to $69,000 is now acting as a strong resistance area and also marks a successful retest of the trendline. It warns that if Bitcoin is rejected from this area on the 4-hour timeframe, a decline to the $62,000 to $60,000 range is expected. Additionally,
👉🏻 it predicts a potential 10-20% dip in altcoins if this scenario unfolds.
👌🏻The analysis concludes by stating that this bearish scenario would only be invalidated if Bitcoin manages to break above the $71,500 area with significant buying volume. Until then, the analysis maintains a bearish outlook for Bitcoin.