Today's Crypto and Bitcoin News

December 2024 is shaping up to be a significant month for the cryptocurrency market, with over $5 billion worth of tokens set to be unlocked. High-profile projects like Cardano (ADA), Jito (JTO), and Aptos (APT) lead the charge, alongside several other notable blockchain initiatives. These token unlocks may influence market dynamics, creating both challenges and opportunities for investors. Below is a detailed overview of the most important token unlocks and their potential market impact.   Key Highlights December 2024 will see $5.08 billion worth of tokens unlocked, with $1.99 billion classified as cliff unlocks. Major projects include Jito, Cardano, Aptos, Sui, Arbitrum, and Optimism. Token unlocks could increase market volatility and present buying opportunities. Sui (SUI) – December 1 Source: Tokenomist    Tokens Unlocked: 64.19 million SUI Value: $221.47 million Percentage of Supply: 2.26% On December 1, Sui initiated its largest cliff unlock to date, introducing 64.19 million SUI tokens into circulation. This release, representing 2.26% of the token's total supply, is valued at $221.47 million. As part of Sui’s monthly unlock schedule, the distribution aims to strengthen ecosystem initiatives and reward early contributors. However, this significant addition to the circulating supply could temporarily increase selling pressure.   Read more: Top Projects in the Sui Ecosystem to Watch   Cardano (ADA) – December 5 Source: Tokenomist   Tokens Unlocked: 18.53 million ADA Value: $20 million Percentage of Supply: <0.1% Purpose: Staking and treasury funding reserves Cardano has shown strong performance recently, with ADA trading above $1 for the first time in over two years. This modest unlock is unlikely to disrupt the market but will be closely watched as it aligns with Cardano’s rising momentum.   Read more: Top 15 Layer-1 (L1) Blockchains to Watch   Jito (JTO) – December 7 Source: Tokenomist   Tokens Unlocked: 135.71 million JTO Value: $521 million Percentage of Supply: 103% Purpose: Core contributors and investors This is the largest unlock of the month, potentially doubling Jito’s circulating supply. The Solana-based DeFi project has shown resilience, with JTO trading near $3.8 recently. Investors should monitor Jito’s ecosystem growth to assess its ability to absorb this supply.   Read more: Restaking on Solana (SOL): A Comprehensive Guide   Aptos (APT) – December 11 Source: Tokenomist   Tokens Unlocked: 11.31 million APT Value: $153 million Percentage of Supply: 2% Distribution: Foundation: $17.56 million Community: $42.28 million Core Contributors: $52.13 million Investors: $36.98 million Aptos, known for its scalability and security, will distribute tokens to various stakeholders. This release could introduce short-term selling pressure but may also attract buyers looking for lower entry points.   Other Significant Token Unlocks to Watch in December   Neon (NEON) – December 7 Source: Tokenomist   Tokens Unlocked: 53.91 million Value: $22.2 million Percentage of Supply: 45% Neon’s Ethereum Virtual Machine (EVM) compatibility on Solana positions it as a key player bridging the two ecosystems. However, such a large unlock poses risks of increased volatility.   Read more: Solana vs. Ethereum: Which Is Better?   Polyhedra Network (ZKJ) – December 14 Source: Tokenomist   Tokens Unlocked: 17.22 million Value: $19.8 million Percentage of Supply: 28.5% Known for its privacy-centric zkBridge, Polyhedra’s unlock could create selling pressure unless it showcases robust adoption for its zero-knowledge proof technology.   Read more: Top Zero-Knowledge (ZK) Crypto Projects   Arbitrum (ARB) – December 16 Source: Tokenomist   Tokens Unlocked: 92.65 million ARB Value: $88.80 million Percentage of Supply: 2.33% Arbitrum will unlock 92.65 million ARB tokens on December 16, accounting for 2.33% of its total circulating supply. Valued at approximately $88.80 million, the unlocked tokens will be allocated to team members, future team members, advisors, and investors. This Layer-2 solution for Ethereum continues to focus on scalability and ecosystem expansion, which could offset potential price fluctuations caused by the token unlock.   Read more: Top Ethereum Layer-2 Crypto Projects to Know   Space ID (ID) – December 22 Source: Tokenomist   Tokens Unlocked: 78.49 million Value: $35.1 million Percentage of Supply: 18% This unlock focuses on community expansion, aligning with Space ID’s goal of building decentralized identity solutions.   Read more: Best Decentralized Identity (DID) Projects to Watch   Immutable (IMX) – December 27 Source: Tokenomist   Tokens Unlocked: 24.52 million Value: $30 million Percentage of Supply: 1.45% Immutable, a leader in NFT and blockchain gaming, will release tokens to strengthen its platform. This relatively small unlock is expected to have minimal market impact.   Optimism (OP) – December 31 Source: Tokenomist   Tokens Unlocked: 31.34 million OP Value: $75.85 million Percentage of Supply: 2.50% Optimism’s December 31 token unlock will release 31.34 million OP tokens, valued at $75.85 million. This represents 2.50% of the total circulating supply. The unlocked tokens will be distributed among investors and core contributors. As a leading Ethereum Layer-2 scaling solution, Optimism’s ongoing development and ecosystem activity may play a key role in mitigating the impact of this token unlock.   What to Expect from December’s Token Unlocks Here’s how the token unlocks listed above could impact the crypto market in the coming weeks:    Increased Volatility December’s large-scale token unlocks, especially cliff unlock events, are likely to introduce significant supply into the market. This influx may create downward price pressure, especially for tokens with weaker demand. However, projects like Cardano (ADA) and Aptos (APT), supported by strong fundamentals and active ecosystem growth, may mitigate the impact through sustained development and adoption.   Opportunities for Strategic Entry For long-term investors, token unlocks can provide an opportunity to accumulate assets at discounted prices. Monitoring key developments such as project updates, new partnerships, and adoption rates will help identify tokens with growth potential. These factors can indicate whether the market is absorbing the increased supply effectively.   Potential Market Leaders Projects with a clear vision, robust utility, and strong community backing are better equipped to handle the supply influx. Tokens like Jito (JTO), Sui (SUI), and Arbitrum (ARB) are positioned as potential winners due to their active ecosystems and innovative use cases. On the other hand, tokens with limited demand or underdeveloped ecosystems may struggle to maintain their value in the face of increased supply.   Conclusion December 2024 marks a pivotal month for the crypto market, with $5.08 billion worth of tokens entering circulation. While token unlocks often result in increased volatility, they also offer strategic entry points for savvy investors. Staying informed and closely tracking market conditions will be essential to navigating this dynamic environment effectively.   Stay updated on token unlocks and other market trends with KuCoin News.

JTO$3.164+5.50%

APT$9.7861+5.50%

SUI$4.635+8.01%

U2U Network, a Layer 1 blockchain tailored for Decentralized Physical Infrastructure Networks (DePIN), has unveiled its inaugural airdrop campaign. This initiative aims to reward early supporters and active participants within the U2U ecosystem. The specific date for claiming the $U2U tokens will be announced soon, so participants are encouraged to stay updated through official channels.   Quick Take U2U Network’s Airdrop Season 1 rewards early supporters with $U2U tokens for their contributions to the ecosystem. Claimable date for the $U2U airdrop tokens will be announced soon. The snapshot deadline for DePIN Alliance and U2DPN users is yet to be finalized—there’s still time to qualify.  What Is U2U Network (U2U)? U2U Network is a DAG-based, EVM-compatible blockchain designed to provide infinite scalability, making it ideal for DePIN projects. By leveraging Subnet technology, U2U Network enables decentralized real-world applications to operate efficiently and securely.   Source: U2U Network   Key Features of U2U Network EVM Compatibility: Facilitates seamless onboarding of decentralized applications (dApps) onto the U2U Chain. Helios Consensus: Built atop a Directed Acyclic Graph (DAG), this consensus algorithm allows the network to handle up to 72,000 transactions per second (TPS) with a finality time of 650 milliseconds. U2U Subnet: Enables dApps to operate on modular subnets, reducing reliance on the mainnet and enhancing scalability. What Is the $U2U Token? $U2U is the native utility token of the U2U Network ecosystem, serving multiple functions:   Staking Rewards: Validators earn $U2U tokens for securing the network. Transaction Fees: Used for transactions within the U2U Network. Governance: Empowers holders to participate in decentralized decision-making processes. $U2U Tokenomics Source: U2U Network docs   The $U2U token is the native coin of the U2U Network, with a total supply of 10 billion tokens. A significant portion of the supply is allocated to support the network’s DePIN initiatives, particularly rewarding subnet node owners and operators.   Reward Distribution for DePIN Subnet Nodes 10% of the total supply, equivalent to 1 billion $U2U tokens, is reserved as rewards for DePIN Subnet Node owners and operators.   Distribution Plan: Year 2: 500 million $U2U distributed, reaching 500 million accumulated rewards. Year 4: 250 million $U2U distributed, totaling 750 million rewards. Year 6: 125 million $U2U distributed, reaching 875 million accumulated rewards. Year 8: 62.5 million $U2U distributed, totaling 937.5 million rewards. Year 10: 31.25 million $U2U distributed, reaching 968.75 million accumulated rewards. Year 12: 15.63 million $U2U distributed, totaling 984.38 million rewards. Year 14: 7.81 million $U2U distributed, reaching 992.19 million accumulated rewards. Year 16: 3.91 million $U2U distributed, totaling 996.09 million rewards. Year 18: 1.95 million $U2U distributed, reaching 998.05 million accumulated rewards. Year 20: 976,563 $U2U distributed, totaling 999.02 million rewards. Beyond Year 20: Distribution continues to decrease, gradually nearing the 1 billion $U2U allocation cap. How to Participate in the U2U Airdrop To participate in the U2U airdrop, start by verifying your eligibility based on the outlined criteria. Stay updated by monitoring official U2U Network channels for the announcement of the claim date. Once the airdrop claim date is revealed, follow the provided instructions to claim your $U2U tokens.   Who Is Eligible for the U2U Network Airdrop?  Solar Adventure Participants: Users who have collected the full set of 8 Planet NFTs—Venus, Mars, Neptune, Uranus, Earth, Mercury, AZ, and Jupiter—through the Solar Adventure are eligible for the airdrop. "We Are Not Human" Campaign Contributors: Participants who earned all 12 OATs in the collaborative "We Are Not Human" Galxe campaign, which involved partners like io.net and GaiaNet, qualify for rewards. DePIN Alliance App Users: Users who have reached Level 25 or higher by completing tasks such as connecting X accounts and joining the U2U Telegram group are eligible. U2DPN Users: Participants who have generated at least one session, linked their mainnet wallet, and completed a token withdrawal in the U2DPN app qualify for the airdrop. Why Participate in the U2U Airdrop? Source: U2U Network blog   This $U2U airdrop offers early supporters a unique opportunity to become integral members of the U2U Network ecosystem. By participating, you gain access to the network's innovative DePIN solutions and contribute to the growth of a decentralized future.   Closing Thoughts The "Catch The Wave: U2U Network’s Airdrop Season 1" marks a significant milestone in U2U Network's mission to enhance blockchain scalability and real-world application integration. Participants are advised to stay tuned for updates on the claim date and to engage with the U2U community through official channels.   Read more: XION “Believe in Something” Airdrop, with 10 Million $XION Tokens to Claim

Bitcoin is currently priced at $97,185 with +0.82% increase from the last 24 hours, while Ethereum is at $3,708, up by +0.14% in the past 24 hours. The market's 24-hour long/short ratio in the futures market was almost balanced at 50.3% long versus 49.7% short positions. The Fear and Greed Index, which measures market sentiment, was at 81 yesterday and is at the Extreme Greed level at 80 today.    Today in crypto, Ripple’s XRP overtakes Solana’s market cap, NFTs surge by 57.8% in monthly sales for November as digital collectibles regain momentum and surged to $562 million in sales, and Bitcoin achieves an unprecedented $26,400 price gain in a single monthly candle. These records highlight the growing strength of blockchain markets.The crypto market is surging with milestones across trading, DeFi, and blockchain innovation.    What’s Trending in the Crypto Community?  Ethereum Foundation researcher: Ethereum L1 will gradually improve in the future, with significant performance enhancements for L2 within months Ethereum price rebound drives NFT market recovery, with November NFT sales reaching a six-month high at $562 million. Pump.fun has generated $368 million in total fee revenue since launch, with a total of 4,038,775 tokens deployed.  Crypto Fear & Greed Index | Source: Alternative.me    Trending Tokens of the Day  Top 24-Hour Performers  Trading Pair  24H Change XRP/USDT +26.11% AIOZ/USDT +16.55% HBAR/USDT +44.65%   Trade now on KuCoin   Read More: Bitcoin Price Prediction 2024-25: Plan B Forecasts BTC at $1 Million by 2025   Bitcoin’s Historic $26,400 Monthly Gain BTC/USD 1-month chart. Source: Cointelegraph/TradingView   Bitcoin posted a record-breaking gain of $26,400 in November. It closed the month at $96,400. This 37% surge marked its second-best month of 2024. Daily trading volumes exceeded $42 billion and peaked at $55 billion on November 30. Bitcoin dominance rose to 54.7% from 52% at the start of the month.   Bitcoin futures open interest climbed to $63 billion from $50 billion in October. This reflects rising institutional confidence. Analysts identified $98,500 as a key resistance level. Breaking this point could push Bitcoin above $100,000.   Read more: The History of Bitcoin Bull Runs and Crypto Market Cycles   Source: Carl Menger on X   Over 9 million new wallets were created in November. The month’s rally is driven by regulatory optimism and growing adoption. Analysts predict Bitcoin could hit $100,000 by year-end.   Read more: A Beginner’s Guide to Buying Your First Bitcoin on KuCoin   BTC/USD monthly % gains (screenshot). Source: CoinGlass   XRP Overtakes Solana with $122 Billion Market Cap Cryptocurrency rankings by market cap. Source: CoinMarketCap   Ripple’s XRP reached a market cap of $122 billion on December 1, surpassing Solana’s $111.9 billion to become the fourth-largest cryptocurrency. XRP gained 79% from October’s $1.22 low to hit $2.19. This is its highest price in seven years.   Ripple secured three partnerships with financial institutions managing over $400 billion in assets. Investors expect approval of an XRP ETF in the U.S. and Ripple's RLUSD stablecoin in New York.   Daily XRP trading volume surged to $7.3 billion on December 1 from a $4.1 billion average in October. Active wallet addresses rose 45% to 1.8 million.   While Solana dropped to fifth place, it held $9.2 billion in total value locked (TVL). Solana’s DEXs hit $100 billion in trading volume, driven by renewed memecoin activity.   Read more: Will Gensler's Resignation Propel an XRP Rally as Bitcoin Nears $100K?    NFT Sales Reach $562 Million in November NFT sales volume from May to December 2024. Source: CryptoSlam   NFT sales reached $562 million in November. This is a 57.8% increase from October’s $356 million. It is the highest monthly sales volume since May’s $599 million. Total NFT sales for 2024 now exceed $4.9 billion.   CryptoPunks led the market recovery. Its floor price rose from 26.3 ETH ($97,000) on November 1 to 39.7 ETH ($147,000) by November 30. This marks a 51% gain. Bored Ape Yacht Club saw a 42% rise in average sale price. Azuki NFTs increased 38%.   OpenSea and Blur recorded $1.8 billion in combined trading volume. Blur accounted for 58% of this activity with aggressive incentives. Unique buyers reached 732,000 in November, up from 611,000 in October. Active wallets rose by 34% to 1.2 million.   Despite gains, the NFT market remains below its March peak of $1.6 billion. Analysts link the recovery to broader crypto market momentum and rising interest in premium collections.   Read more: Magic Eden (ME) Airdrop Eligibility and Listing Details to Know    Conclusion  November was a historic month for crypto. Bitcoin gained $26,400 setting a new monthly record. XRP rose to $122 billion in market cap, overtaking Solana. NFTs hit $562 million in sales showcasing renewed interest in digital assets.   As December begins markets prepare for Bitcoin’s push toward $100,000 XRP’s ETF approval prospects and further NFT growth. Blockchain innovation and adoption continue to redefine financial markets.   Read more: XION “Believe in Something” Airdrop, with 10 Million $XION Tokens to Claim

XION, the pioneering walletless Layer 1 blockchain, has unveiled its "Believe in Something" airdrop, distributing up to 5% of its total $XION token supply to early supporters and community members. This initiative honors those who have steadfastly believed in XION's mission to make Web3 accessible to all.   Quick Take Total airdrop allocation of 10,000,000 $XION tokens, representing 5% of the total supply. 69% of the airdrop is designated for the XION community, including testnet users, builders, and active Discord participants. 31% of the airdrop acknowledges contributors from over 10 ecosystems, such as SPX6900, Gigachad, Based Brett token holders, Mocaverse’s MocaID participants, and Berachain NFT holders. What Is XION (XION)?  XION is the first walletless Layer 1 blockchain designed for mainstream adoption, aiming to eliminate technical barriers and provide seamless Web3 experiences for all users. By leveraging chain abstraction, XION enables developers to build intuitive applications that cater to both crypto-native and non-crypto users alike.   What Is the XION Airdrop, “Believe in Something”? Source: XION blog   The XION airdrop, titled "Believe in Something: The First Spark," is a token distribution campaign celebrating early supporters of the XION ecosystem. With a total allocation of 10 million $XION tokens (5% of the total supply), this airdrop aims to reward individuals and communities that demonstrated belief in XION's mission to make Web3 accessible to everyone.   This initiative not only recognizes active contributors within the XION community but also extends gratitude to participants from partner ecosystems who share XION's vision for a decentralized future.   XION (XION) is now available for pre-market trading on KuCoin. Trade $XION early to secure your position in the ecosystem and gain insight into $XION prices ahead of the official spot market launch. When Is the XION Airdrop?  To ensure a fair distribution, multiple snapshots were taken throughout the year, notably on March 6 and July 15, 2024. This method captured a diverse array of contributors, with thorough analyses of both on-chain and off-chain data to assess genuine engagement.   Key Dates to Remember Snapshots Taken: March 6, 2024, and July 15, 2024These snapshots recorded the activity and contributions of eligible users across multiple ecosystems. Airdrop Checker Launch: November 12, 2024The eligibility checker is live at XION Airdrop Checker, allowing users to verify their participation. Mainnet Launch: Expected in late December 2024Eligible users can claim their $XION tokens once the XION mainnet goes live. Who Is Eligible for the $XION Airdrop?  XION Community Members: Active testnet users, builders, and Discord members who have significantly contributed to the ecosystem. Partner Ecosystem Participants: Individuals holding specific tokens or NFTs from partner communities, with eligibility determined by holding durations and engagement levels. How to Participate in the XION Airdrop Verify Eligibility: Visit the XION Airdrop Checker. Enter your wallet address or connect your Discord account to check your eligibility. Understand the Criteria: Eligibility is based on your engagement with the XION ecosystem or partner communities. Testnet participants, token holders from specific projects, and active community members are included. Prepare for Claiming: Ensure your wallet is ready for the mainnet launch. Wallets connected during the testnet phase may not need to relink. Eligible participants can claim their tokens directly via the XION platform after the mainnet goes live. Participate in Staking and Governance: Once claimed, $XION tokens can be staked to earn rewards or used for governance decisions, further supporting the ecosystem. $XION Tokenomics: Empowering Web3 Adoption The $XION token drives the XION ecosystem, supporting network operations, governance, and rewards. With a total supply of 200 million tokens, its distribution ensures sustainable growth and community empowerment. The XION token utility includes:    Network Fees: Power walletless transactions. Staking Rewards: Secure the network and earn incentives. Governance Rights: Vote on protocol upgrades and decisions. Ecosystem Utility: Medium of exchange and liquidity support. Token Allocation XION token allocation | Source: XION blog   Community & Ecosystem (69%): Active Rewards (22.5%): For testnet users and active contributors. Ecosystem Growth (15.2%): Grants for developers and creators. Airdrop (12.5%): 10 million tokens for the "Believe in Something" initiative. Builders & Partners (19.8%): For projects scaling in the ecosystem. Contributors (26.2%): Reserved for the team, advisors, and contractors, with vesting periods. Strategic Participants (23.6%): Tokens for early investors, subject to lock-ups. Tokens are released gradually over four years to ensure stability, decentralization, and sustainable growth, aligning with XION’s mission to make Web3 accessible for all.   Closing Thoughts  The XION airdrop marks a significant milestone in the project’s journey to make Web3 accessible and user-friendly. By rewarding early believers and contributors, XION reinforces its mission of fostering a decentralized, inclusive ecosystem. The "Believe in Something" initiative not only acknowledges the project’s dedicated community but also sets the stage for its highly anticipated mainnet launch.   As you prepare to claim your $XION tokens, ensure you follow official channels to avoid scams and fraudulent activities. Remember, participating in any crypto-related event involves risks. Token values can be highly volatile, and market conditions may impact their future performance. Always evaluate your risk tolerance and conduct thorough research before engaging with digital assets.   Read more: Magic Eden (ME) Airdrop Eligibility and Listing Details to Know

Movement Network, an Ethereum Layer 2 solution, has announced its highly anticipated $MOVE token airdrop, “MoveDrop.” The program, designed to reward early users and contributors, will distribute 10% of the total $MOVE token supply—equivalent to 1 billion tokens—across eligible participants. Registration is open until December 2, 2024, and participants can claim their rewards after the Token Generation Event (TGE), the date for which is yet to be announced.    Quick Take 1 billion $MOVE tokens (10% of total supply) allocated via MoveDrop airdrop campaign for early users and community members. The snapshot for the MOVE airdrop was taken on November 23, 2024, while the registration for the airdrop ends on December 2, 2024 at 2 PM UTC.  Users can claim on Ethereum Mainnet or wait to claim on the Movement Network Mainnet for a 1.25x bonus. What Is Movement Network? Movement Network is a next-generation Ethereum Layer 2 blockchain built on the Move programming language. It enhances Ethereum with high transaction throughput, superior security, and near-instant finality. With over 200 teams building on its testnet, Movement Network is poised to redefine blockchain scalability and security.   Key Features of Movement Network Move Programming Language: Offers unparalleled security and efficiency for developers. Public Mainnet: Launching soon, settling transactions directly on Ethereum. Cross-Ecosystem Growth: Bridging Ethereum’s ecosystem with Move’s innovative features. What Is the $MOVE Token? $MOVE is the native utility token of the Movement Network ecosystem. Represented as an ERC-20 token on Ethereum, it will also power the Movement Network’s native blockchain upon Mainnet launch.   Movement (MOVE) Token Utility Staking Rewards: Validators earn $MOVE for securing the network. Gas Fees: Used for transactions on Movement Network. Governance: Enables decentralized decision-making. Collateral and Payments: Powers native Movement Network applications. Movement (MOVE) is now available for pre-market trading on KuCoin. Trade early to secure your position and preview $MOVE prices before the official launch. $MOVE Tokenomics MOVE token allocation: Source: Movement blog   Maximum Supply: 10 billion tokens Community Allocation: 60% reserved for ecosystem and community initiatives. Initial Circulation: ~22% of tokens available post-TGE. Who Is Eligible for the Movement (MOVE) Airdrop?  The MoveDrop program rewards early contributors through several initiatives:   Road to Parthenon: Participants who completed transactions or quests on Movement Testnet are eligible. Rewards are based on transaction count (up to 300) and quest completions. Anti-sybil measures apply. Battle of Olympus: Hackathon winners and runners-up who contributed to the Movement ecosystem will receive allocations. Gmove Campaign: Randomly selected users who tweeted “gmove” and participated in the #gmovechallenge will receive rewards. Selected Communities: Key contributors from Discord roles, ambassador programs, and other groups are eligible. Testnet Builders: Teams that built on Movement Testnet will receive allocations based on their contributions. How to Register for MoveDrop To claim your $MOVE tokens, follow these steps:   Check Eligibility: Ensure your wallet is eligible based on the November 23 snapshot. Register on MoveDrop Website: Visit the MoveDrop official website to register before December 2, 2024. Claim Tokens: Claim on Ethereum Mainnet after MOVE TGE. Wait for Movement Mainnet launch to claim a 1.25x bonus. Why Join the MoveDrop? Movement Network’s MoveDrop offers unparalleled opportunities for early adopters:   Generous Allocation: A 10% initial airdrop allocation rewards loyal users. Bonus Claim: Mainnet claim offers a 1.25x multiplier. Strategic Utility: $MOVE token’s staking, governance, and transaction functionalities ensure long-term value. When Is the Movement (MOVE) Airdrop?  The snapshot for eligibility was taken on November 23, 2024. Registration for the airdrop is open until December 2, 2024, at 2 PM UTC. Participants can claim their tokens following the upcoming Token Generation Event (TGE), with the exact date to be announced. For the latest updates, please refer to official Movement Network channels.   Closing Thoughts The MoveDrop airdrop represents a significant milestone in Movement Network’s efforts to improve Ethereum scalability and security. It provides early adopters with an opportunity to claim $MOVE tokens and actively participate in shaping a decentralized and efficient Layer 2 ecosystem. However, as with any blockchain project, participation involves risks, including market volatility and potential security concerns. Always verify details through official Movement Network channels and exercise caution when interacting with third-party platforms.   Read more: Magic Eden (ME) Airdrop Eligibility and Listing Details to Know

Magic Eden, the leading multi-chain NFT and Bitcoin trading platform, has announced its highly anticipated $ME token airdrop scheduled on December 24, 2024. This campaign will distribute 12.5% of the total $ME token supply—valued at $390 million based on KuCoin pre-market trading prices—to eligible users. With the airdrop scheduled for the upcoming weeks, this initiative aims to reward loyal users while accelerating Magic Eden’s vision of universal digital ownership.   Quick Take Magic Eden’s ME token generation event (TGE) is set for December 10, 2024, with 125 million tokens worth $390 million available for claim. ME airdrop eligibility will be based on trading activity, cross-chain engagement, and user loyalty. Users can stake, trade, and earn $ME across multiple blockchains, including Solana, Bitcoin, and Ethereum. What Is Magic Eden, Solana’s Leading NFT Marketplace? Magic Eden is a cross-chain trading platform recognized as the #1 Solana NFT marketplace and Bitcoin DEX. The platform integrates assets from Bitcoin, Solana, Ethereum, and other ecosystems, enabling seamless trading through a user-friendly interface.   Key features of the Magic Eden NFT marketplace include:    Multi-Chain NFT Marketplace: Trades NFTs across seven blockchains, including Bitcoin and Ethereum. BTC DEX Leadership: Commands over 80% volume share for Bitcoin Runes and Ordinals. Onboarding Vision: Focused on making digital ownership accessible to over 1 billion crypto users. ME, the native token of Magic Eden, will enjoy several use cases, such as:  Staking Rewards: Users can stake their $ME tokens to earn additional rewards and contribute to the protocol’s sustainability. Governance Rights: $ME holders can participate in key protocol decisions, influencing the direction of Magic Eden’s development. Real Utility: As an SPL token, $ME enables cross-chain functionality, allowing users to trade NFTs and tokens seamlessly across blockchains like Solana, Ethereum, and Bitcoin. Magic Eden’s innovative approach positions it as a trailblazer in the decentralized trading landscape.   Learn more about the Magic Eden (ME) project and tokenomics.    What Is the Magic Eden Launchpad?  Magic Eden’s Launchpad is a cornerstone of its ecosystem, designed to empower NFT creators and projects by providing seamless tools for minting and launching collections.   Multi-Chain Minting: Creators can mint NFTs on multiple blockchains, including Solana and Ethereum, expanding their reach to diverse user bases. Full-Service Platform: The launchpad offers comprehensive support, including smart contract deployment, marketing tools, and community engagement strategies to ensure successful launches. User Accessibility: By integrating launchpad projects directly into the Magic Eden marketplace, the platform simplifies discovery and participation for collectors. The Magic Eden Launchpad has become a trusted solution for creators looking to launch high-quality NFT collections with minimal technical barriers.   An Introduction to the Magic Eden Wallet To streamline trading and improve user experience, Magic Eden introduced its proprietary Magic Eden Wallet, designed to function as a bridge for multi-chain transactions.   Seamless Integration: The wallet supports Bitcoin, Solana, Ethereum, and other blockchains, allowing users to store, manage, and trade NFTs and tokens within a single interface. Enhanced Security: With built-in protection features, the wallet safeguards users' private keys and ensures secure transactions. Ease of Use: The wallet’s intuitive design makes it simple for beginners and seasoned traders alike to navigate the complexities of cross-chain asset management. Rewards and Airdrop Claiming: The Magic Eden wallet is integral to the $ME token ecosystem, enabling users to claim and stake tokens, participate in airdrops, and earn rewards directly within the platform. The Magic Eden Wallet is central to the platform’s vision of onboarding the next billion crypto users, making cross-chain trading and asset management both accessible and secure.   How to Participate in the Magic Eden Airdrop Claiming your share of the $ME token rewards after the ME token launch on December 10, 2024, is straightforward. Here’s what you need to do:   Check Eligibility: Use the eligibility checker, available before the TGE, to verify your wallet’s status. Link Your Wallet: Connect your wallet to Magic Eden’s platform. Users linked during the $TestME claim won’t need to relink. Claim Tokens: On TGE day, eligible users can claim their allocation via the Magic Eden mobile dApp. Stake and Earn: Once claimed, stake your $ME tokens to earn additional rewards and contribute to the $ME ecosystem. $ME Tokenomics: Magic Eden’s Community-Driven Ecosystem The $ME tokenomics are designed to align Magic Eden’s vision of universal digital ownership with the long-term growth of its ecosystem. Here’s an overview of the tokenomics structure:   ME Total Supply 1 Billion $ME Tokens: The entire supply will be distributed over four years to ensure sustainable growth and community involvement. Initial Token Allocation 12.5% Community Airdrop: Approximately 125 million tokens will be unlocked during the Token Generation Event (TGE) and distributed to eligible users across Bitcoin, Solana, and Ethereum ecosystems. Token Distribution Breakdown Source: ME Foundation blog    Community & Ecosystem Development (37.7%): 22.5% for Active Users: Rewarding users for engaging with Magic Eden’s protocols through trading and staking. 15.2% for Ecosystem Growth: Grants for developers, advocates, and creators supporting the $ME ecosystem. Contributors (26.2%): Allocated to Magic Eden employees, contractors, and advisors, with over 60% of this category subject to an 18-month lockup post-TGE. Strategic Participants (23.6%): Reserved for investors and advisors who played critical roles in developing the protocols, with a 12-month lockup and gradual unlock thereafter. Token Emission Schedule $ME tokens will be released gradually over four years, ensuring that the majority of tokens remain in the hands of the community. This approach fosters long-term adoption and reduces the likelihood of market oversaturation.   What Will the Magic Eden (ME) Listing Price Be?  The $ME token has garnered significant attention ahead of its official launch, with pre-market trading on KuCoin providing early indicators of its market potential. Based on the latest data:   Last Traded Price: 3.2 USDT Floor Price: 2.9 USDT Highest Bid: 2.9 USDT Average Price: 3.12 USDT Early Market Trends and Implications Magic Eden (ME) pre-market price trends | Source: KuCoin    The $ME pre-market activity suggests strong demand for $ME tokens:   Solid Trading Range: The token's floor price of 2.9 USDT and last traded price of 3.2 USDT indicate stable support and resistance levels, signaling investor confidence. Healthy Liquidity: The close alignment of the highest bid with the floor price highlights consistent buying interest and competitive bidding activity. Positive Sentiment: With an average price of 3.12 USDT, $ME has shown steady demand, reflecting the community's anticipation of Magic Eden's multi-chain trading ecosystem. Short-Term ME Price Forecast Given the robust pre-market performance, $ME's price could see an initial surge post-TGE as demand increases from both retail and institutional investors. The following factors could influence short-term price trends:   Staking and Rewards: As staking opportunities become available, more users may hold $ME, creating upward price pressure. Community Participation: High engagement through the airdrop and rewards programs could bolster demand. Magic Eden Price Prediction: Long-Term Outlook The $ME token's price trajectory depends on its adoption and utility within Magic Eden’s ecosystem. Key drivers for long-term growth include:   Increased Trading Volume: As Magic Eden continues to dominate the NFT and Bitcoin trading markets, $ME’s utility as a rewards and governance token will strengthen. Cross-Chain Integration: Expanding trading capabilities across multiple blockchains could attract more users and drive sustained demand for $ME. Projected Range: Based on the current pre-market trends and expected adoption, $ME could stabilize between 3.0–4.5 USDT in the medium term, with potential for higher growth as its ecosystem matures.   Note: Price predictions are speculative and influenced by market conditions. Always exercise caution and consider your risk tolerance when trading. Why Join the $ME Airdrop? Magic Eden’s combination of a robust multi-chain NFT marketplace, powerful Launchpad for creators, and user-friendly wallet cements its position as a leader in the decentralized trading space. Whether you’re an NFT collector, trader, or creator, Magic Eden provides an ecosystem that simplifies digital ownership while enabling users to explore and capitalize on the expanding blockchain economy.   The $ME airdrop is not just about rewards—it’s a step toward fostering a robust ecosystem for Magic Eden’s growing community.   Generous Allocation: A 12.5% initial unlock exceeds that of many competitors, such as Tensor and Jupiter. Community-Centric Tokenomics: Over 60% of the $ME supply is reserved for community rewards and ecosystem development. Future Potential: KuCoin pre-market trading shows $ME tokens valued at $3.12, reflecting strong demand and excitement. Conclusion The Magic Eden $ME airdrop marks a significant milestone in the platform’s journey to make digital ownership universal. With $390 million worth of tokens up for grabs, this event stands out as one of the largest airdrops in crypto history. To secure your share, ensure your wallet is eligible and linked before the TGE. Participate in this transformative initiative and join Magic Eden’s mission to redefine on-chain trading.   Given the scale of the $ME airdrop, be cautious of fraudulent schemes. Only interact with official Magic Eden channels and verify announcements on their website or social media. Never share personal information or private keys.

The 2024 holiday season has brought an explosion of festive themed memecoins on the Solana blockchain. These tokens mix humor, creativity, and blockchain innovation, offering unique opportunities for both investors and crypto enthusiasts. With the power of platforms like TikTok and Telegram driving their growth, these coins have captured the imagination of a rapidly expanding audience. Let’s dive into each of the top memecoins spreading holiday cheer and pushing blockchain boundaries.   1. $WIFSANTA (DogWifSantaHat) Source: Dexscreener   DogWifSantaHat ($WIFSANTA) represents more than just a meme. It is a vision of festive progress in the crypto world. This token celebrates innovation and community while committing to real world impact. The DogWifSantaHat team has pledged $10,000 to dog shelters and rescue organizations when they hit a $10 million market cap. Every token supports a mission to help dogs in need while bringing people together through shared goals.   DogWifSantaHat's community sees itself as a revolution in festive themed cryptocurrencies. It blends fun and function with a focus on spreading cheer and driving financial innovation. This is not just about holding a token—it is about creating a community that supports causes and believes in the future of blockchain.   According to their official website, DogWifSantaHat represents a notable cause and utility for the lives of dogs:   DogWifHat’s Pledge The DogWifSantaHat Token Team is deeply dedicated to our furry friends who bring so much joy and love into the world. We’re committed to making a real difference for dogs in need. That’s why we’ve pledged to donate $10,000 to dog shelters and rescue organizations when we reach a $10 million market cap.   This isn’t just about crypto—it’s about creating a community that cares. Together, we can give countless pups a second chance at life, warmth, and happiness. Every token you hold supports this mission of spreading love and wagging tails. Let's make this holiday season extra special for the dogs who need it most!    Tokenomics Liquidity: $150K Market Cap: $1M   2. $ChillDeer   $ChillDeer takes inspiration from the viral "Chill Guy" meme that gained traction on social media in October 2023. Combining the laid back persona of Chill Guy with a Christmas reindeer theme, $ChillDeer appeals to both meme culture fans and crypto investors. Launched in November 2024, $ChillDeer reached over 2,500 holders in just 24 hours. TikTok influencers with a reach of over 130,000 followers and more than $11,000 spent on advertising have driven its rapid growth.   This token embodies the festive spirit with a twist of cool. Its Discord community boasts over 1,000 active members, making it a hub for collaboration and excitement. $ChillDeer is a holiday favorite for investors seeking a mix of fun and growth potential.   CHILLDEER Tokenomics Liquidity: $104K Market Cap: $524K   Source: DexScreener   3. $Rizzmas $Rizzmas takes the internet slang "Rizz," which means charm or attractiveness, and pairs it with the Christmas season to create a fun and engaging token. This memecoin is more than a seasonal novelty—it has serious market traction. $Rizzmas is trading at $0.000015 with a $7.57M market cap and $13.98M in 24 hour trading volume. It has surged 124.93 percent in the last 24 hours, reflecting strong community interest.   The total circulating supply of $Rizzmas is 497.32 billion coins. This festive token continues to gain popularity through creative marketing and community engagement on platforms like TikTok and Telegram. $Rizzmas is a standout example of how memes and the holiday spirit can unite to drive crypto adoption.   Rizzmas Tokenomics Liquidity: $421K Market Cap: $7.3M   4. $Rizzmaseve   Source: X   $Rizzmaseve follows the success of $Rizzmas as its female counterpart. Launched with the same charm and festive vibe, $Rizzmaseve aims to capture exponential growth. This token brings an extra dose of holiday magic with an enthusiastic community backing it.   $Rizzmaseve is designed for those who missed out on $Rizzmas. With a $376K market cap and $77K in liquidity, it offers a chance to ride the wave of holiday inspired memecoins. It is gaining attention on Telegram and TikTok as influencers and communities rally behind its festive mission.   Rizzmaseve Tokenomics Liquidity: $77K Market Cap: $376K   5. $SANTAHAT Source: https://santahatonsol.xyz/   $SANTAHAT celebrates the nostalgic Santa hat from RuneScape, paying homage to a symbol beloved by gamers and meme enthusiasts alike. This token blends the culture of Gielinor's pixelated world with the cutting edge technology of blockchain.   $SANTAHAT leverages strong partnerships within the crypto space, ensuring long term growth and sustainability. The token has successfully surpassed a $10 million market cap milestone and is now listed on top tier exchanges. Its integration within the Solana ecosystem adds additional support and potential for growth.   The $SANTAHAT community is diverse and passionate, drawing interest from crypto influencers and meme culture leaders. Its steady growth demonstrates the power of blending nostalgia, creativity, and blockchain technology.   SANTAHAT Tokenomics Liquidity: $119K Market Cap: $527K   The Influence of TikTok and Telegram TikTok has become a powerhouse for promoting memecoins like $ChillDeer and $Rizzmas. Influencers create short, engaging videos that showcase the tokens, driving massive engagement and attracting new investors. $ChillDeer’s early success is directly tied to TikTok influencers with a combined reach of over 130,000 followers.   Telegram serves as the command center for these tokens. Active groups for projects like $Rizzmas and $SANTAHAT facilitate real time updates, community discussions, and strategy sharing. These platforms create a sense of belonging and excitement, encouraging more people to invest and participate in the growth of these tokens.   How to Buy These Trending Festive Memecoins Set Up Your Wallet: Download the Phantom app or another Solanacompatible wallet. If you are using a desktop, install the Phantom browser extension. Buy SOL on KuCoin: Buy SOL on exchanges like KuCoin or transfer it from another wallet. You will need SOL to purchase memecoins. Source: KuCoin   Make the Purchase: Connect your wallet to Raydium. Paste the token address, select the amount of SOL you want to swap, and confirm the transaction. Approve it in your wallet, and you are done. Pay attention to the slippage and token liquidity before making any purchase as these may incur costs for you. This Is Not Investment Advice Memecoins offer exciting opportunities to earn tokens but carry inherent risks. Always conduct thorough research before participating. This guide is for informational purposes only and not financial advice.   Risks to Consider Before Buying Memecoins Memecoins offer high potential returns but come with significant risks. Approach these investments with caution. Volatility:  Memecoins show extreme price fluctuations driven by hype and speculation. Prices can rise or fall rapidly, leading to big gains or losses in hours. Liquidity: Many memecoins lack liquidity. Selling your tokens may be difficult, and low liquidity can reduce the value of your investment during a sale. Scams and Rug Pulls: Scams are common in memecoins. Rug pulls happen when developers abandon projects after collecting funds. Always verify the project’s legitimacy. Do your own research and understand the risks before investing. Never invest more than you can afford to lose. Memecoins are speculative and require careful judgment.   Conclusion This holiday season, Solana memecoins are redefining how crypto and community come together. Tokens like $WIFSANTA, $ChillDeer, $Rizzmas, $Rizzmaseve, and $SANTAHAT bring festive cheer and blockchain innovation to the forefront. TikTok and Telegram amplify their reach, driving adoption and engagement. These memecoins are more than holiday trends—they represent the growing creativity and potential of the crypto world. Explore them today and be part of the festive crypto revolution.    Read more: Top Solana Memecoins to Watch

Raydium (RAY), Solana's largest decentralized exchange (DEX), is making waves in the crypto market. With its price surging nearly 70% in the past 30 days, Raydium is trading at approximately $5.44 as of writing, showcasing significant momentum in Solana’s DeFi ecosystem.   Quick Take Raydium's price rose from $1.50 to over $5.49, with a recent peak at $6.45 touched on November 25. The Raydium protocol captures 67% of Solana's DEX volume, highlighting its robust utility. Raydium's total value locked (TVL) now stands at $2.37 billion, up 42% in a month. The 24-hour daily revenue reached $438,000 as of writing, with protocol fee revenue peaking at $15.14 million. What’s Driving RAY's Momentum in the Crypto Market?  Solana’s TVL and volume | Source: DefiLlama   Raydium is Solana's leading DEX, capturing over 63% of weekly trading volume in November. Its 30-day trading volume stands at $78 billion, a testament to its pivotal role in the Solana ecosystem.   Solana hit $109.8 billion in monthly DEX volume, surpassing Ethereum’s $55 billion. This growth is driven by Raydium’s performance and the ongoing meme token frenzy powered by Pump.fun memecoin launchpad. Low transaction fees and fast execution make Solana the chain of choice for traders.   Raydium's price chart shows a breakout from a symmetrical triangle, signaling strong bullish momentum. Analysts highlight key support levels between $4.00 and $4.50, with resistance around $7.00.   Last week, Raydium's daily fee revenue surpassed Tether, ranking first across the Solana ecosystem. This milestone underscores the platform's growing adoption and solid fundamentals.   Read more: Top Decentralized Exchanges (DEXs) in the Solana Ecosystem   Raydium’s Impact on the Solana Ecosystem Raydium’s TVL | Source: DefiLlama   Solana processed over 54.6 million transactions per day, far outpacing Ethereum. With lower fees and scalability, Solana attracts retail and institutional traders alike. Active addresses hit a record 25 million in November.   The meme token frenzy continues to fuel Solana’s growth. Over 77,000 token projects launched on Solana in November, with Raydium at the center of this activity. This influx of projects strengthens Raydium’s position as a go-to platform.   While Uniswap retains a higher daily trading volume, Raydium is narrowing the gap. Its reactive trading pairs and robust ecosystem are pulling liquidity and users from other chains.   Read more: Solana vs. Ethereum: Which Is Better in 2024?   Raydium Price Prediction: Market Outlook for RAY RAY/USDT price chart | Source: KuCoin   If Raydium maintains its current momentum, a price breakout above $7.00 is possible. Its utility within Solana’s ecosystem positions it as a key player in the DeFi sector. The expanding adoption of Solana DEXs, coupled with Raydium's revenue-generating capabilities, supports a strong growth trajectory.   Conclusion Raydium’s rapid rise underscores the synergy between Solana’s scalability and the utility of its leading DEX. With increasing adoption, record-breaking volumes, and growing revenues, Raydium has positioned itself as a significant player in the decentralized finance space. However, investors should remain cautious, as the crypto market is inherently volatile. External factors, including shifts in market sentiment and competition from other platforms, may impact Raydium’s performance. As the Solana ecosystem evolves with innovation and community support, it is essential to evaluate the risks alongside the opportunities.

Bitcoin is currently priced at $92,999 with -5.00% decrease from the last 24 hours, while Ethereum is at $3,414, up by +1.60% in the past 24 hours. The market's 24-hour long/short ratio in the futures market was almost balanced at 48.2% long versus 51.8% short positions. The Fear and Greed Index, which measures market sentiment, was at 80 yesterday and maintains the Extreme Greed level at 79 today. The crypto market is heating up as Solana’s DEX volume smashed records at $109.8 billion and SOL is now pushing toward $300. Justin Sun shook the market with a $30 million investment in Trump-backed WLFI. Bitcoin’s climb toward $100000 has ignited a massive altcoin rally. Key players in the altcoin space like Cardano, Stellar, and Kusama are surging.    What’s Trending in the Crypto Community?  MicroStrategy acquired 55,500 Bitcoins for approximately $5.4 billion between November 18 and 24, at an average price of $97,862 per coin. Pump.fun surpasses Tether for the first time, becoming the highest revenue protocol in 24 hours. Ethereum blockchain regains dominance in USDT supply, surpassing Tron for the first time since 2022. Justin Sun invests $30 million in Trump's crypto project WLFI.  Crypto Fear & Greed Index | Source: Alternative.me    Trending Tokens of the Day  Top 24-Hour Performers  Trading Pair  24H Change LDO/USDT +12.69% ARB/USDT +7.33% AAVE/USDT +7.27%   Trade now on KuCoin   Read More: Bitcoin Price Prediction 2024-25: Plan B Forecasts BTC at $1 Million by 2025   Solana DEX Volume Hits Record High. Is SOL Price Headed to $300? Solana is dominating the blockchain space. Its decentralized exchange volume has smashed records while its native token SOL is surging. This remarkable achievement has cemented Solana’s dominance and driven its native token SOL to new heights. As Solana continues to outperform other chains in metrics and adoption its price trajectory suggests a climb to $300 is within reach. Solana's rise in activity and technical strength could push SOL to $300.   Monthly DEX volumes, comparing chains. Source: DefiLlama   Solana's DEX Trading Volume Smashes $100 Billion Milestone Solana’s decentralized exchange trading volume has exploded this month. Data from DefiLlama shows the network reached $109.8 billion in DEX volume by November 25, 2024. This is a 109 percent increase from October's $52.5 billion. Ethereum in comparison only hit $55 billion during the same period. Solana’s daily DEX volume peaked at $7.14 billion on November 18 while weekly volumes reached a record-breaking $41.6 billion by November 17. The last time Solana approached these levels was in March when monthly trading volume topped $59.8 billion. Low transaction costs, fast processing speeds and a resurgence in memecoin activity are driving this surge.   Read more: All About CHILLGUY, the Viral TikTok Memecoin Surging Over 6,000% to a $700M+ Market Cap   Strong On-Chain Metrics Bolster Solana’s Dominance On-chain metrics paint an even stronger picture for Solana. Active addresses on the network reached nearly 25 million in November according to Glassnode data. Platforms like Pump.fun and Raydium DEX have become significant contributors to this growth generating $71.5 million and $182 million in monthly fees respectively. Solana’s ecosystem has become a hotspot for users seeking speed and efficiency. Crypto analyst Aylo has noted Solana’s dominance in DEX volume stating that it now represents 29.5 percent of Ethereum's market capitalization. Solana’s user activity and ecosystem expansion continue to push its metrics to new highs.   Solana: number of active addresses. Source: Glassnode   SOL Price Targets $300 SOL surged 61.5% since November 5 reaching $263 on November 22. The rally aligns with broader market optimism after President-elect Donald Trump’s victory and Bitcoin's approach to $100,000.   Technically SOL has broken out of a rounded bottom pattern. This setup targets $300 which is a 19 % increase from the current price. The Relative Strength Index (RSI) is at 70 indicating bullish conditions though overbought signals could trigger a pullback to $200.   SOL/USD weekly chart. Source: TradingView   Justin Sun Invests $30 Million in Trump-Backed Blockchain Project WLFI Source: World Liberty Financial   Tron founder Justin Sun invested $30 million in World Liberty Financial (WLFI) on November 25, 2024. Backed by the Trump administration, WLFI aims to drive mass adoption of US-dollar stablecoins. Sun’s investment makes Tron the largest backer of the project which has partnered with Aave to create applications for stablecoin use cases. Despite raising $51 million so far WLFI has not yet reached its $300 million fundraising goal. The project focuses on ensuring the US dollar remains the global settlement layer. WLFI plans to use Aave to develop applications for stablecoins to keep the US dollar as the global settlement layer. Despite raising $51 million it has fallen short of its $300 million goal.   Tron founder Justin Sun said in a social media post on Nov. 25 that TRON has become the largest WLFI investor. Sun added:   “The U.S. is becoming the blockchain hub, and Bitcoin owes it to @realDonaldTrump! TRON is committed to making America great again and leading innovation. Let’s go!”   Altcoins Soar as Bitcoin Faces Slight Correction to Below $95, 000 Bitcoin's momentum continues to lift altcoins. Ethereum has gained around 7.83% for the week, trading at approximately $3,424. Cardano saw a significant rise, increasing by over 36% to surpass $1. Stellar surged by around 66%, reaching $0.49, while Kusama experienced the largest increase, climbing over 100% to trade above $46.   Ethereum price trend | Source: KuCoin    Bitcoin’s ongoing rally has created a ripple effect across the crypto market with altcoins recording significant gains. This altcoin surge underscores the broader market sentiment. President-elect Donald Trump’s win has injected fresh optimism into the crypto space with many seeing his policies as favorable to blockchain innovation. The anticipation of Bitcoin breaking $100000 has further amplified this enthusiasm creating a positive feedback loop for altcoins.   The altcoin rally highlights the resilience and potential of the crypto market beyond Bitcoin. Projects like Solana Cardano and Stellar demonstrate that strong fundamentals and growing adoption can drive significant price movements even in the shadow of Bitcoin’s dominance. As the market continues to heat up altcoins are well-positioned to capture investor attention and deliver substantial returns. The optimism surrounding Bitcoin’s approach to $100,000 has fueled these gains as the market anticipates further upward movement.   Conclusion Solana is leading the charge in blockchain innovation and adoption. Its record-breaking decentralized exchange volume and strong on-chain metrics reflect its dominance. The momentum behind SOL suggests that $300 is not far off. As Bitcoin continues its climb to $100000 and altcoins follow in its wake the crypto market is poised for further explosive growth in 2024. Solana’s performance underscores the transformative potential of blockchain technology in a rapidly evolving digital economy.

Memecoins are no strangers to the crypto world, but CHILLGUY is rewriting the playbook. Fueled by a viral TikTok trend, this Solana-based token has surged by over 6,000% since its launch. In just a few days, CHILLGUY reached a market cap of around $500 million, turning early investors into millionaires. Let’s dive into what’s making this memecoin the hottest topic in crypto.   Quick Take CHILLGUY skyrocketed over 6,000% in less than a week, with a peak price of $0.48. It leads decentralized exchange (DEX) trading with $490 million in daily volume. Inspired by a popular character, CHILLGUY's meme appeal and viral TikTok influence resonates with Gen Z investors. Early adopters turned modest investments into life-changing sums, making new millionaires. What Is CHILLGUY of the “Just a Chill Guy” TikTok Trend? CHILLGUY is a Solana-based meme token based on the “Just a Chill Guy” TikTok trend. The character, created by artist Phillip Banks in 2023, embodies a laid-back persona, relatable to audiences coping with life's challenges. The CHILLGUY token launched on November 15, 2024, through the Solana-based memecoin launchpad Pump.fun.     TikTok’s Role in CHILLGUY’s Success The character’s viral appeal stems from its TikTok success, where users pair the image with humorous captions about staying calm amidst chaos. This cultural relevance has propelled CHILLGUY into the spotlight, drawing attention from both crypto traders and social media enthusiasts.   TikTok has proven to be a powerful force in driving CHILLGUY’s popularity. The platform, favored by Gen Z users, introduced the “Chill Guy” character to millions. Crypto newcomers flooded the Solana ecosystem, with MoonPay reporting record-breaking transactions on launch day.   Read more: Top Solana Memecoins to Watch in 2024   A Look at CHILLGUY’s Price Performance Source: X   CHILLGUY’s price journey has been nothing short of extraordinary:   Launch Phase: Initially trading at $0.006, the token quickly gained traction on Solana DEXs. Price Surge: By November 21, it hit an all-time high of $0.48, marking a 6,259% increase. Current Standing: As of writing, CHILLGUY trades at $0.44, maintaining strong momentum. CHILLGUY price | Source: Coinmarketcap    Who’s Making Millions on $CHILLGUY? Source: X    CHILLGUY's meteoric rise has turned savvy traders into millionaires:   Small Bets, Big Wins: One trader invested $1,101 and now holds over $1 million worth of CHILLGUY. Unrealized Gains: Another trader turned $865 into $6.4 million, with a significant portion of the tokens yet to be sold. These success stories underscore the high-risk, high-reward nature of memecoin trading.   CHILLGUY’s Controversies Despite its success, CHILLGUY hasn’t been without criticism:   Artist’s Disapproval: Phillip Banks, the digital artist behind the Chill Guy character, has publicly expressed frustration with his work being used as the mascot for CHILLGUY without his consent. In a tweet, Banks stated, “I don’t endorse or consent to my art being used in any crypto-related projects. Please leave me alone.” The backlash intensified to the point where Banks had to make his social media profile private, highlighting the ethical dilemmas often associated with meme coin culture. This controversy has sparked broader debates about intellectual property rights and the unauthorized use of creative work in the crypto space. Liquidity Concerns: While CHILLGUY boasts an impressive market cap of $440 million, its liquidity pool remains significantly smaller at just $5 million. This disparity raises critical concerns about the token’s long-term stability and trading robustness. Low liquidity can lead to sharp price swings, making it challenging for traders to exit positions without significant losses. It also increases the risk of market manipulation, where large holders or "whales" could potentially influence the token's price. Such factors emphasize the importance of assessing a token's liquidity alongside its market cap when evaluating investment risks. These controversies highlight the complexities surrounding CHILLGUY’s rise, serving as a reminder of the multifaceted challenges meme coins face despite their viral appeal.   What’s Next for CHILLGUY? CHILLGUY’s first centralized exchange listing on Crypto.com could mark the beginning of broader adoption. With a rapidly growing community and viral appeal, additional listings on major platforms are likely.   Traders and analysts remain optimistic about the token’s short-term potential, though caution is advised given the volatility of meme coins.   Final Thoughts CHILLGUY showcases the volatile and unpredictable nature of memecoins, driven by social media trends and speculative interest. Its rapid rise highlights the potential for significant short-term gains but also underscores the inherent risks of investing in such projects.   While CHILLGUY has captured the attention of traders and created substantial returns for early adopters, its long-term sustainability remains uncertain. As with any highly speculative asset, it is essential to approach meme coin investments with caution, conduct thorough research, and only invest what you can afford to lose.   Whether CHILLGUY continues its momentum or experiences a sharp decline will depend on market dynamics and community support. For now, it stands as a reminder of both the opportunities and risks in the evolving crypto landscape.   Read more: Trending Memecoins Propel Solana to Record $8.35 Billion Revenue

The memecoin market has exploded this past week riding a wave of fresh listings and wider bullish momentum. Memecoins like PEPE, BONK, and WIF have led the charge outperforming other market sectors and showing significant price gains. This surge reflects a broader trend where major centralized exchanges are embracing memecoins at an unprecedented pace. Despite their often criticized lack of utility, memecoins are capturing massive investor interest pushing them to the forefront of the crypto industry.   Quick Takes Memecoins Lead Market Gains: GMMEME index jumped over 90% in November with PEPE, BONK, and WIF showing up to 100% weekly gains, outpacing other crypto sectors. Exchanges Listing Memecoins: Exchanges like KuCoin added memecoins like PNUT, driving price surges and trading volumes as centralized exchanges target high-risk traders. Regulatory Shift Boosts Speculation: Trump's victory renewed hopes for crypto-friendly regulation, pushing platforms to list speculative tokens and driving the memecoin rally. Memecoin Index Outshines Other Sectors   The GMMEME index which tracks key memecoins like PEPE, SHIB, and DOGE surged over 90% in November outpacing other indexes such as the GM30 and GML1 which rose by only 36% on average. This index's performance showcases the explosive potential of memecoins especially compared to more established crypto sectors.   Source: Coinalyze    Within the GMMEME index PEPE gained 70%, BONK soared 100%, and WIF increased by 32% in just a week. These gains followed their listings on major exchanges like Coinbase and Robinhood which opened up these tokens to a new investor base driving speculative buying.   PEPE/USDT price | Source: KuCoin   BONK/USDT price | Source: KuCoin   In the broader memecoin market, tokens outside the GMMEME index also showed impressive performance. MOODENG rose by 47% while PNUT a memecoin inspired by the viral P'Nut the squirrel, skyrocketed by 1,500%. PNUT's valuation jumped by $1.68 billion in the last week alone following its listing on Binance’s spot market and mentions by Elon Musk on X.   MOODENG price |Source: KuCoin   PNUT/USDT price | Source: KuCoin   The Impact of Listings and Market Trends   The rapid listings of major memecoins by centralized exchanges reflect a significant shift in strategy. Exchanges like KuCoin are now more willing to onboard highly speculative tokens that attract high trading volumes despite their controversial nature.   This aggressive listing trend may be influenced by the recent U.S. presidential election which saw Donald Trump return to power. Trump's more crypto friendly stance contrasts with the restrictive policies of the previous administration. This renewed optimism has likely accelerated the onboarding of memecoins as exchanges look to capitalize on the increasing investor appetite for high risk, high reward assets.   Memecoins might not offer the same real world utility as other crypto projects but their influence is undeniable. Retail investors are flocking to these tokens due to their high volatility and potential for quick gains. This shift in investor preference has made memecoins a vital part of the industry and a profitable opportunity for exchanges looking to boost trading activity and revenue.   Conclusion   Memecoins have taken the crypto market by storm with the GMMEME index surging over 90% in November driven by major listings and renewed investor interest. Tokens like PEPE, BONK and PNUT have captured attention delivering staggering gains and showing the power of speculative trading. Despite criticism for their lack of utility memecoins are becoming central to the crypto market pushing exchanges to embrace them as a lucrative opportunity. As regulatory sentiments shift and investor demand continues to rise memecoins look set to remain a significant force in the crypto world. Read more: Trending Memecoins to Watch This Week as Crypto Market Sees Record Highs

XRP continues to consolidate, trading around $1.10 after reaching a high of $1.27 earlier this month. Investors are eyeing the regulatory developments following speculation that SEC Chair Gary Gensler might resign.   Quick Take Speculation around SEC Chair Gary Gensler’s resignation is fueling market uncertainty. A pro-crypto SEC Chair could drive XRP toward $1.50. Record ETF inflows and institutional adoption push BTC to all-time highs. XRP and Dogecoin trading volumes surpass Bitcoin on South Korean exchanges. XRP Holds Steady After Crossing $1 XRP continues to consolidate, trading around $1.10 after reaching a high of $1.27 earlier this month. Investors are eyeing the regulatory developments following speculation that SEC Chair Gary Gensler might resign.   Fox Business reporter Eleanor Terrett revealed that Gensler's resignation could reshape the SEC's stance on crypto. Market experts believe a leadership change may favor XRP, with a potential rally pushing it past $1.50.   Pro-Crypto Leadership Could Be a Game-Changer for Ripple and XRP  Gensler's exit raises questions about the next SEC Chair. Two potential candidates are Brad Bondi and Bob Stebbins. Bondi’s pro-DeFi and self-custody stance has garnered support from crypto advocates, including Amicus Curiae attorney John E. Deaton.   Bondi’s approach to crypto regulation could set a new precedent for XRP, particularly regarding its programmatic sales ruling. Analysts predict his leadership might boost XRP demand significantly.   Read more: Trump’s Win Fuels Crypto Hopes as Bitcoin Hits New Highs and Memecoin Platform Pump.Fun Soars $30.5 million: Nov 7   Bitcoin Nears $100K, Lifts Market Sentiment While XRP consolidates, Bitcoin is stealing the spotlight, climbing to a record $97,800. Institutional inflows, including MicroStrategy's bond offering, have fueled BTC's surge. This rally has bolstered confidence across the crypto market, providing tailwinds for XRP’s price action.   Read more: The History of Bitcoin Bull Runs and Crypto Market Cycles   South Korean Traders Fuel XRP Rally as Trading Volumes Surge By 30% XRP and Dogecoin trading volumes on South Korean exchanges have outpaced Bitcoin. XRP accounted for over 30% of Upbit’s trading volume in the last 24 hours, highlighting its strong demand. Analysts warn, however, that excessive speculation could lead to temporary price corrections.   XRP Technical Analysis: Key Support at $1 and $0.95 XRP/USDT price chart | Source: KuCoin   XRP’s technical indicators suggest a consolidation phase. Immediate support lies at $1.00, with stronger levels at $0.95 and $0.85. Resistance zones are seen at $1.26 and $1.40, with a potential breakout targeting $1.50.   What Is the XRP Price Prediction After Surpassing $1 Mark?  Despite short-term fluctuations, XRP’s long-term trajectory remains bullish. Analysts like CasiTrades project a price range of $8 to $13, supported by favorable technical indicators and improving market conditions.   The federal ruling that XRP sales to retail investors are not securities continues to bolster investor confidence. Additionally, speculations around an XRP ETF further add to its growth potential.   Conclusion XRP’s price action hinges on upcoming regulatory developments and the SEC Chair appointment. A pro-crypto leader could ignite a rally, while Bitcoin’s record highs provide a strong backdrop for the market. Keep an eye on key support and resistance levels, as XRP's consolidation phase might set the stage for its next big move.   Read more: XRP Rises 25%, SHIB Forecasts 101% Jump, PNUT’s 2800% Meteoric Rise and More in Memecoin Frenzy: Nov 18

Solana reached a new alltime high in daily revenue and fees due to the growing popularity of memecoins. Often called the Ethereum killer, Solana is now outperforming competitors in transaction speed and efficiency. The blockchain has broken records in total value locked TVL fees and revenue. This article breaks down the key numbers and technical reasons behind Solana's meteoric rise.   Quick Take Memecoins Push Solana to Record Revenue: Meme coin popularity drove Solana to break records in daily revenue and transaction fees. Platforms like Pump.fun brought in $2.4 million in daily revenue. Raydium Powers Solana’s Growth: Raydium the top DEX on Solana generated $15 million in daily fees. Solana’s speed of 65,000 transactions per second gave Raydium a massive advantage over Ethereum’s 15–30 transactions. Solana Overtakes Ethereum: Solana outperformed Ethereum in fees and revenue. It recorded $11.8 million in fees compared to Ethereum's $6.32 million. Solana’s low fees and high scalability made it a preferred choice for fast and affordable blockchain use. Solana Achieves Record-Breaking Revenue and Fees   Source: SOL/USDT 1 Week Chart KuCoin   Solana recently achieved $11.8 million in transaction fees within a single day. This surpasses Ethereum’s $6.32 million. The key to this milestone lies in Solana's proof of stake system which offers far lower fees and faster transactions than Ethereum's proof of work model. Solana's speed and efficiency attract users looking for affordable and quick blockchain solutions.   On the same day Solana generated $5.9 million in revenue. This figure was driven by increased activity in decentralized finance DeFi and memecoins. Only Tether managed to outperform Solana in revenue hitting $13.3 million. Total value locked in Solana's DeFi sector surged to $8.35 billion making it one of the top DeFi ecosystems. TVL is a measure of the total capital staked on the network. It shows investor confidence and interest. Solana’s current TVL level is challenging Ethereum which holds $20.5 billion. This achievement highlights Solana’s potential to dominate the blockchain market by attracting liquidity and staked assets.   DeFi TVL: Ethereum vs. Solana | Source: DefiLlama    Raydium’s Contribution to Solana’s Success   Raydium, the largest decentralized exchange on Solana, played a major role in this record breaking performance. In just 24 hours Raydium generated $15 million in fees making it the top contributor to the network's earnings. During the same period Raydium earned $1 million in revenue. This reflects significant trading volume and strong user engagement.   Raydium is popular because it offers low fees and quick trades which attract both retail and institutional investors. Solana’s ability to process 65,000 transactions per second gives Raydium an edge over Ethereum which handles only 15 to 30 transactions per second. This technical advantage makes Solana ideal for executing a high number of trades especially during surges in market activity. The combination of speed and affordability creates a platform where traders can transact efficiently without the slowdowns seen on Ethereum.   Pump.fun and the Memecoin Frenzy   Memecoins have become a powerful trend and Solana has capitalized on this through the Pump.fun launchpad. Pump.fun earned $2.4 million in daily revenue which exceeded Bitcoin's $2.3 million revenue that day. This shows the considerable impact memecoins are having on blockchain ecosystems particularly those that can process a large volume of small transactions cost effectively.   The excitement around meme coin launches on Pump.fun led to increased revenue driven by numerous small trades. Solana's strengths—high throughput and minimal fees—make it perfect for this type of activity. memecoins generate buzz leading to many users making smaller transactions. Solana's infrastructure allows it to handle these volumes easily while keeping transaction costs very low.   Pump.fun's performance highlights how memecoins are more than just a passing trend. They are fueling mainstream adoption and engagement with blockchain technology. By attracting different types of investors—from seasoned traders to newcomers—memecoins have boosted Solana’s activity, pushing the network to set new records. Platforms like Pump.fun help demonstrate that memecoins are a key factor in the growing popularity of decentralized finance and blockchain technology on Solana.   Read More: Trending Memecoins to Watch This Week as Crypto Market Sees Record Highs   Solana’s Impressive Market Performance   The value of Solana's native token SOL has risen substantially showing strong market performance. Over the past year SOL rallied by 295%. This growth boosted its market cap to $113 billion making it the fourth largest cryptocurrency. SOL is narrowing the gap with Tether which holds a market cap of $128.8 billion. This closing gap shows increasing interest in Solana among traders and investors.   On November 19 SOL reached a price of $247 its highest level since November 2021. Though it slipped slightly by 1.8% ending at $238 the token remains just 8.7% away from it's all time high of $260. The price surge reflects growing investor confidence in Solana's potential. More projects are launching on the platform and the need for SOL has risen. SOL is required for transactions staking and other network activities. This demand has pushed the value of SOL up considerably.   Solana vs. Ethereum: A Comparison   Solana throughput | Solana Explorer    Ethereum is still the most well known smart contract platform but Solana's recent accomplishments show it is gaining significant ground. During the day Solana set new records Ethereum earned $6.32 million in fees and $3.6 million in revenue. In contrast Solana brought in $11.8 million in fees and $5.9 million in revenue. These figures show that users are favoring Solana for its low cost and high speed transactions. A major factor in Solana's recent success is its much lower transaction fees. The average fee on Solana is $0.00025 compared to $4.12 on Ethereum. This makes Solana far more appealing especially for those making smaller transactions or needing high throughput such as in NFT markets and DeFi. Solana's scalability also stands out. The network can process 65,000 transactions per second while Ethereum can only handle 15 to 30. This scalability ensures that as demand grows Solana can maintain its speed and efficiency unlike Ethereum which often struggles with congestion.   Read More: Solana vs. Ethereum: Which Is Better in 2024?   Conclusion   Memecoins have driven Solana to record highs in revenue fees and total value locked. Platforms like Raydium and Pump.fun have been instrumental in this success demonstrating the power of memecoins and DeFi to fuel blockchain growth. With its scalable infrastructure, low fees and high throughput, Solana continues to challenge Ethereum’s dominance and gain ground in the market. As memecoins gain further traction Solana is well positioned to sustain this momentum and reshape the future of decentralized finance. Read more: Top Solana Memecoins to Watch

Bitcoin briefly surged to $96,699, hitting a new all-time high on November 20th, and is currently priced at $96,620, while Ethereum is at $3,102, up by 1% in the past 24 hours. The market's 24-hour long/short ratio in the futures market was almost balanced at 50.4% long versus 49.6% short positions. The Fear and Greed Index, which measures market sentiment, was at 83 yesterday and maintains the Extreme Greed level at 82 today. The crypto market is experiencing an unprecedented surge, with Bitcoin reaching a new all-time high of above $96,699 today. Solana, driven by memecoin activity broke records in daily transaction fees and revenue. Meanwhile, MicroStrategy continues to grow its Bitcoin holdings, now surpassing cash reserves held by major corporations like Nike and IBM. This article explores the recent achievements of these major crypto players and examines their impact on the broader market.   What’s Trending in the Crypto Community?  MicroStrategy plans to sell $2.6 billion and use the proceeds to buy Bitcoin. MicroStrategy's market cap surpassed $110 billion, reaching an all-time high; it is now among the top 100 publicly traded companies in the U.S. by market cap. Sky (formerly MakerDAO): USDS is now live on the Solana network. Stripe launched a feature for B2B payments using stablecoins.  Crypto Fear & Greed Index | Source: Alternative.me    Trending Tokens of the Day  Top 24-Hour Performers  Trading Pair  24H Change FLOKI/USDT +10.86% XTZ/USDT +4.37% TAO/USDT +2.99%   Trade now on KuCoin   Read More: Bitcoin to $200K: Bernstein’s Prediction, MicroStrategy Buys $4.6 billion BTC, Goldman Sachs to Launch New Crypto Platform and More: Nov 19   Bitcoin Breaks $96K All-Time High: Is $100K Certain? Bitcoin surged to a new all-time high of $96,000 today following steady bullish momentum since the 2024 election. Despite some initial hesitation Bitcoin has remained strong as it moves closer to the psychological $100,000 level. This massive run began after the U.S. election with Bitcoin emerging as the big winner among various market assets.   Source: BTC 1 Day KuCoin Chart   BTC/USDT faced significant resistance at key levels like $90,000 and $85,000 but buyers showed aggressive support forming a series of higher lows. This pattern led to an ascending triangle which indicated a breakout was coming. Now with Bitcoin at $96,000 the next major target is the iconic $100,000 level—a mark that could ignite excitement and media attention across financial markets.   Key Levels and Buyer Sentiment Bitcoin's journey over the past few weeks has shown the importance of psychological price levels. The $90,000 mark was crucial, acting as both a barrier and eventually a launching pad for the next leg up. As bulls pushed higher $93,500 held as resistance twice creating a foundation for support at each pullback. This behavior highlighted buyer interest at lower levels rather than the top indicating a willingness to defend support zones.   The current challenge lies in maintaining momentum as BTC nears $96,000. If this level sees some initial resistance, past areas of interest including $93,500 and $91,804 may provide much-needed support. As long as Bitcoin can hold above $90,000 the bullish sentiment will remain intact increasing the likelihood of further gains.   The Quick Path to $100K   With Bitcoin now trading at $96,000 the question on everyone's mind is whether it can reach $100,000 soon. Major psychological levels like $100,000 can bring heightened volatility and increased attention but they also come with risk. Investors looking to enter or add to long positions should consider potential pullbacks as opportunities rather than chasing prices at highs. A level like $96,000 could bring some resistance but if Bitcoin finds support at previous resistance points the road to $100,000 could be clear.   Bitcoin's recent rally to $96,000 shows its resilience and the confidence buyers have in pushing prices higher. As we approach the significant $100,000 level caution is necessary but the overall trend remains bullish. If support holds at key levels like $93,500 or $91,804 Bitcoin could continue its climb and break into six figures setting a new milestone for the largest cryptocurrency in the world. The coming weeks will be crucial as Bitcoin aims to achieve this long-anticipated mark potentially rewriting the landscape of global finance.   Read more: Bitcoin Price Prediction 2024-25: Plan B Forecasts BTC at $1 Million by 2025   Memecoins Drive Solana to Record $8.35 Billion Revenue Source: SOL/USDT 1 Week Chart KuCoin   Solana reached a milestone with $11.8 million in daily transaction fees and $5.9 million in revenue. Fueled by the meme coin craze Solana outperformed Ethereum in fees and user activity. The total value locked (TVL) in Solana's DeFi ecosystem hit $8.35 billion showing strong investor confidence and significant liquidity inflow.   Raydium Solana's top decentralized exchange generated $15 million in fees and $1 million in revenue over 24 hours. Solana's ability to handle 65,000 transactions per second with low fees has made it a favorite among traders seeking fast and cost-effective transactions. Raydium’s success reflects the broader surge in Solana's network activity.   Pump.fun a memecoin launchpad on Solana brought in $2.4 million in daily revenue surpassing Bitcoin’s $2.3 million. This shows how meme coins have driven intense activity and increased engagement on Solana.   Solana's token SOL saw a 296% rally this year reaching a market cap of $113 billion with a peak price of $247 on November 19. SOL is now the fourth-largest cryptocurrency closing in on Tether's $128.8 billion market cap.   With an average transaction fee of $0.00025 compared to Ethereum's $4.12 and the capacity to handle 65,000 transactions per second Solana offers better scalability and cost efficiency. As meme coins and DeFi services grow in popularity Solana continues to draw users and investors positioning itself for sustained growth and a stronger role in the crypto market.   DeFi TVL: Ethereum vs. Solana | Source: DefiLlama   Read more: Top Solana Memecoins to Watch in 2024   MicroStrategy’s $26 Billion Bitcoin Now Outpaces Nike and IBM Cash Holdings Source: Bloomberg   MicroStrategy now holds $26 billion in Bitcoin after the price surged to $90,000 last week. This amount surpasses cash reserves held by major companies including Nike and IBM. MicroStrategy, one of the largest Bitcoin holders, began accumulating in 2020 making it the first company to adopt Bitcoin as a reserve asset. The company’s Bitcoin value currently rivals ExxonMobil’s treasury and stands just below Intel’s $29 billion and General Motors’ $32 billion.   The company has accumulated 279,420 BTC to date and has seen its stock price jump from $15 to $340—a 2,100% increase since it began investing in Bitcoin. MicroStrategy plans to acquire more Bitcoin over the next three years under the 21/21 Plan aiming to spend $42 billion—$10 billion in 2025, $14 billion in 2026 and $18 billion in 2027. This plan would bring the company’s holdings to approximately 580,000 BTC, around 3% of the total supply.   MicroStrategy has secured funding from equity and fixed-income securities totaling $21 billion for the acquisitions. In October 2024 the company purchased 7,420 BTC worth $458 million followed by an additional 27,200 BTC in November worth $2 billion. Bitcoin continues to dominate the crypto market with trading volume hitting $43 billion in the past 24 hours. MicroStrategy’s aggressive approach makes it a major player in the Bitcoin market outperforming traditional corporate cash holdings.   MicroStrategy's aggressive Bitcoin strategy continues to set it apart from traditional corporations making it one of the most significant players in the crypto space. By surpassing corporate giants like Nike and IBM in cash reserves through Bitcoin the company highlights the shifting landscape of corporate treasury management. With plans to acquire even more BTC MicroStrategy shows unwavering confidence in Bitcoin's long-term value positioning itself to shape the future of digital finance.   Conclusion The crypto market's momentum shows no signs of slowing down. Bitcoin's climb to $96,000 Solana's record-setting revenue and MicroStrategy's massive Bitcoin holdings underscore the growing significance of digital assets in both retail and institutional finance. As these cryptocurrencies push toward new milestones their influence on global financial systems continues to expand, reshaping how both investors and corporations perceive value in the digital age. The coming months will be crucial as these projects aim to further solidify their roles in the evolving financial landscape.

Shieldeum has launched its much-anticipated SDM airdrop campaign, offering a total of $1,000,000 in SDM rewards to participants. The airdrop distribution is scheduled to occur after the Token Generation Event (TGE), which is set for November 28, 2024, at 13:00 UTC. This initiative aims to grow the Shieldeum ecosystem by engaging the community and rewarding contributors with real yield generated from its decentralized nodes.   Quick Take Shieldeum’s airdrop is offering rewards worth $1,000,000 in SDM tokens. Users can earn points by completing tasks, engaging with the Shieldeum community, and contributing to the ecosystem. Rewards are backed by real yield from Shieldeum nodes, ensuring sustainability. What Is Shieldeum (SDM)? Shieldeum is a cutting-edge platform powered by a Decentralized Physical Infrastructure Network (DePIN) that combines AI-driven computing power with high-performance infrastructure. It supports crypto users and Web3 enterprises through:   Secure Computing Power: Datacenter servers enabling application hosting, data encryption, threat detection, and more. Real Yield Nodes: Shieldeum's infrastructure generates genuine and sustainable rewards. Community-Centric Growth: A vibrant ecosystem where contributors play a key role in development. With its innovative solutions, Shieldeum is positioning itself as a pioneer in secure infrastructure for over 440 million crypto users worldwide.   How to Participate in the Shieldeum Airdrop   Participating in the SDM airdrop is simple and rewarding. Follow these steps:   Join the Community: Follow Shieldeum on CoinMarketCap, Telegram, and Twitter (X). Engage in discussions and events on social channels. Contribute to the Ecosystem: Share content about Shieldeum on social platforms. Help with community-driven projects or provide constructive feedback. Complete Tasks: Participate in promotional campaigns. Refer friends to Shieldeum for additional points. Earn Points: Each task completed earns points that determine your share of the $1,000,000 airdrop pool. The live leaderboard tracks your points, offering a transparent and competitive experience.   When Is the Shieldeum Airdrop Reward Distribution?  The airdrop rewards will be distributed after the Token Generation Event (TGE). Participants should complete tasks and accumulate points early to secure a larger share of the airdrop.   Why Join the Shieldeum Airdrop? Real Yield Backing: Rewards are derived from actual node performance, offering sustainability and authenticity. Unique Opportunity: As a leader in the DePIN sector, Shieldeum’s airdrop program sets a new standard in community incentives. Supportive Ecosystem: Be part of a thriving community while gaining access to Shieldeum’s secure and efficient infrastructure. Stay Alert for Scams With the hype surrounding the Shieldeum airdrop, fake links and fraudulent campaigns may emerge. Ensure you only interact with official channels and verify any announcements on Shieldeum’s website or social media pages.   Conclusion The Shieldeum SDM airdrop offers an opportunity for crypto enthusiasts to earn rewards while supporting a decentralized infrastructure network. With $1,000,000 in node-generated SDM rewards available, the campaign highlights Shieldeum’s efforts to foster community engagement and ecosystem growth.   To participate, visit the official Shieldeum Airdrop page and complete the outlined tasks. While the rewards are promising, participants should carefully review the terms, verify all sources through official channels, and remain aware of potential market volatility and associated risks. Always exercise caution and ensure your actions align with your risk tolerance.   Read more: Top DePIN Crypto Projects to Know in 2024-25

Bitcoin is currently priced at $90,465 showing a +0.68% decrease, while Ethereum is at $3,208, down by +4.30% in the past 24 hours. The market's 24-hour long/short ratio in the futures market was almost balanced at 49.4% long versus 50.6% short positions. The Fear and Greed Index, which measures market sentiment, was at 83 yesterday and maintains the Extreme Greed level at 90 today. Bitcoin's journey is evolving with Berstein experts predicting a price of $200,000 by 2025. Recent actions by key players like Michael Saylor and Goldman Sachs combined with supportive regulations could create the conditions for another major bull run. Let's explore the main catalysts driving Bitcoin's growth and their impact on the crypto market.   What’s Trending in the Crypto Community?  CoinShares: Digital asset investment products saw net inflows of $2.2 billion last week. "Memecoin" Google search interest reached an all-time high. Tether-supported Quantoz launched MiCA-compliant stablecoins USDQ and EURQ. MicroStrategy bought approximately 51,780 Bitcoins for about $4.6 billion last week, at an average price of $88,627 per Bitcoin  MSTR shares surged by nearly 13% on Monday to trade at $384.79 at market closing Bitcoin mining difficulty increased by 0.63% to 102.29 T this morning, setting a new high.  Crypto Fear & Greed Index | Source: Alternative.me    Trending Tokens of the Day  Top 24-Hour Performers  Trading Pair  24H Change AKT/USDT +28.75% XTZ/USDT +37.72% HBAR/USDT +41.45%   Trade now on KuCoin   Read More: Solana Leads 89% New Token Launches, Bitcoin’s Path to $100K in November, and $PNUT’s Meteoric $1 Billion Rise: Nov 15   When will Bitcoin Rocket to $200,000? Bernstein’s Key Catalysts BTC/USDT KuCoin Chart 1 Week    Analysts at Bernstein have outlined catalysts that could push Bitcoin to $200,000 by 2025. Gautam Chhugani and his team see the current market turning painful for Bitcoin bears and expect a rally to $100,000 soon. They cite positive regulatory changes under President Trump including crypto-friendly picks for Treasury Secretary and SEC Chair as major drivers.   “Demand for bitcoin this cycle is led by institutions, corporates and retail,” the Bernstein analysts said. “We believe the next bitcoin cycle will be sovereign led and the political seeds for a sovereign led market are being sown today. The political winds of change are favoring candidates that prefer crypto deregulation and are against potential surveillance from a CBDC.”   Trump's proposed national Bitcoin stockpile as promised during his campaign could mark the start of sovereign adoption pushing Bitcoin to new highs and positioning it as a strategic reserve. Bitcoin ETFs are also seeing strong inflows with an average net inflow rate of $1.7 billion per week. In addition MicroStrategy plans to raise $42 billion over the next three years for Bitcoin acquisitions signaling strong future demand.   “As [these] regulatory catalysts play out, we would expect a new-found confidence in the crypto bull market, reflected in not just higher bitcoin prices but overall crypto market cap impacting prices of ETH, SOL and leading digital assets,” they noted.   Read more: Bitcoin Price Prediction 2024-25: Plan B Forecasts BTC at $1 Million by 2025   MicroStrategy’s Latest $4.6 billion Bitcoin Purchase   Source: Google   Michael Saylor's MicroStrategy recently bought $4.6 billion worth of Bitcoin, increasing the company's holdings by over 51,000 BTC. This move reinforces Saylor's belief in Bitcoin as a superior store of value. The purchase was announced on X and the company's total holdings now stand at 331,200 BTC valued at $16.5 billion. MicroStrategy (MSTR) stock price surged by nearly 13% on Monday to trade at $384.79 at the time of writing.    The average cost per BTC for MicroStrategy is $49,874 which shows the substantial unrealized gains compared to the current price above $90,000. MicroStrategy plans to raise $42 billion over the next three years to continue buying Bitcoin. This consistent accumulation signals strong institutional support and reinforces the bullish sentiment surrounding Bitcoin's long-term value.   Read More: MicroStrategy's Bitcoin Holdings and Purchase History: A Strategic Overview   Goldman Sachs to Spin Out New Crypto Platform, GS DAP Goldman Sachs plans to spin out its crypto platform called GS DAP into a new company focused on blockchain-based financial instruments. According to Bloomberg Goldman is working with partners to expand the platform's capabilities with Tradeweb Markets as a strategic collaborator.   The spinout is expected to complete in 12 to 18 months pending regulatory approvals. Mathew McDermott Goldman's head of digital assets emphasized the importance of creating an industry-owned solution. Goldman also plans to launch new tokenization products in the US and Europe focusing on tokenized real-world assets like Treasury bills.   "Establishing a new, standalone company independent of Goldman Sachs and its Digital Assets business will help to provide the future runway for digital financial services by ensuring a fit-for-purpose, long-term solution," the bank said in a statement.   Tokenized RWAs have risen significantly with around $2.4 billion in value locked as of November 14. Goldman is one of the largest buyers of Bitcoin ETFs this year and the growing number of these ETFs has contributed to renewed momentum in the market. The bank aims to offer secure permissioned blockchain solutions for financial institutions focusing on fast execution and new collateral options for RWAs.   Conclusion   Bitcoin's path to $200,000 may be driven by supportive regulations, institutional adoption and innovative financial products. Key players like Michael Saylor and Goldman Sachs show faith in Bitcoin's future driving demand through strategic investments. The recent memecoin craze has driven explosive growth in Solana-based coins and SUI ecosystem. Investors looking for long-term opportunities in crypto should keep an eye on these catalysts shaping the market's future. Read more: Trending Memecoins to Watch This Week as Crypto Market Sees Record Highs

The memecoin market is buzzing with activity as the crypto market reaches new heights, driven by Bitcoin’s record-breaking rally above $90,000. From viral sensations like Peanut the Squirrel (PNUT) to established favorites like Dogecoin (DOGE), memecoins are capturing investor attention with massive gains and strong community support. The total market cap of the memecoin sector has crossed $125 billion at the time of writing while its 24-hour trading volume holds above $31 billion, as per data on CoinGecko. Here’s a look at the top meme coins to watch this week. Quick Take Peanut the Squirrel (PNUT) is up 3100% since launch; whale activity signals strong demand. Pepe (PEPE) price is eyeing $0.00003; recent Robinhood listing sparks renewed investor interest. Bonk (BONK) surges 30% after token burn announcement; now Solana’s second-largest memecoin by market cap. Dogecoin (DOGE) reaches $0.37; analysts predict a potential rally to $0.73. Floki (FLOKI) gains 44% weekly gains on Coinbase roadmap addition; long-term rally predicted. Goatseus Maximus (GOAT) hits all-time high of $1.36; technical indicators suggest potential correction. Dogwifhat (WIF) price prediction anticipates a 22% rally in the short-term despite a recent whale sell-off put downward pressure on its price.  Top memecoins today | Source: Coinmarketcap    Discover the top trending memecoins to watch this week as the crypto market hits new highs. From PNUT's 2000% rally to Dogecoin's resurgence, explore key updates on the hottest tokens and what’s driving their growth.   1. Peanut the Squirrel (PNUT) Becomes a Breakout Star After 3100% Gains  PNUT/USDT price chart | Source: KuCoin   Peanut the Squirrel (PNUT) is making waves, with its price skyrocketing over 3100% since launch, including KuCoin’s major markets such as PNUT/USDT on spot trading and PNUT Perpetual/USDT on the futures market. Inspired by a viral internet squirrel, this Solana-based memecoin has quickly captured investor interest. Over the weekend, a crypto whale withdrew $7.12 million worth of PNUT from Binance, signaling confidence in the token’s potential.   PNUT’s trading volume surged to $1.7 billion, making it the fourth-best-performing cryptocurrency in the past 24 hours. As its market cap reaches $1.72 billion, analysts are eyeing further gains, fueled by strong social media momentum and retail interest.   Read more: $PNUT Crosses $1 Billion Market Cap—Is the Hype Real?   2. Pepe (PEPE) Gears Up for New All-Time Highs After 65% Gains in 1 Week PEPE/USDT price chart | Source: KuCoin   Pepe (PEPE), one of the most popular memecoins, is gaining traction again. After a bullish breakout, the token rallied over 65% this week, hitting $0.00001896. The recent listing on Robinhood and Coinbase has amplified trading volumes, driving PEPE's market cap to $7.63 billion.   Technical indicators show strong capital inflows, with PEPE holding above key Fibonacci support levels. Analysts predict PEPE could reach $0.00003, driven by its growing community and bullish momentum. However, as with all memecoins, risk management is crucial due to potential price volatility.   3. Bonk (BONK) Surges 95% Ahead with Token Burn Announcement BONK/USDT price chart | Source: KuCoin   Solana-based Bonk (BONK) has climbed 95% in the past week following the announcement of its ambitious “BURNmas” campaign. The Bonk DAO plans to burn 1 trillion tokens by Christmas Day, reducing the circulating supply and boosting investor sentiment.   BONK's trading volume rose 73% over the past 24 hours, with its market cap reaching $3.94 billion. The campaign has driven increased social interest, positioning BONK as the second-largest Solana memecoin, overtaking Dogwifhat (WIF) briefly before dipping to number 2 in the list. Analysts expect BONK’s price to maintain its upward trajectory as the burn event approaches.   Read more: Top 10 Dog-Themed Memecoins to Watch in 2024   4. Dogecoin (DOGE) Eyes a New Rally After 26% in a Week DOGE/USDT price chart | Source: KuCoin   Dogecoin (DOGE) continues to hold its place as the king of memecoins. Trading at $0.37, DOGE has seen a significant resurgence, with a 26% rally over the past week. Analysts suggest the token may be poised for another bull run, with predictions of a rally to $0.73.   DOGE’s recent momentum is supported by speculation around Elon Musk’s involvement in U.S. crypto policy through D.O.G.E. (Department of Government Efficiency) and the broader market’s pro-memecoin sentiment. With its strong community and historical performance, DOGE remains a top contender for investors seeking memecoin exposure.   Read more: $DOGE Sees Nearly 75,000 New Dogecoin Wallets During BTC Bull Run Fueling 140% Price Surge   5. Floki (FLOKI) Gains 44% in a Week on Coinbase Listing Roadmap FLOKI/USDT price chart | Source: KuCoin   Floki (FLOKI) surged following its addition to Coinbase’s listing roadmap. The token, which serves as the utility currency for the Floki ecosystem, climbed from $0.000217 to $0.000239 within hours of the announcement. FLOKI’s partnership with the KICK F1 Sim Racing Team has also bolstered its visibility, enhancing its appeal to both crypto and gaming communities.   Analysts predict FLOKI could surpass the $0.0005 mark, driven by increased exchange listings and growing interest in its utility-focused ecosystem.   6. Goatseus Maximus (GOAT) Hits Record Highs After 30% Gains GOAT/USDT price chart | Source: KuCoin   Ai memecoin Goatseus Maximus (GOAT) reached a new all-time high this week, with its price peaking at $1.22. While the memecoin’s ADX and RSI indicators suggest a slight cooling off in momentum, its EMA lines continue to reflect strong bullish trends.   If GOAT maintains its current trajectory, it could see further gains. However, a potential correction to $0.76 remains possible if profit-taking intensifies.   7. Dogwifhat (WIF) Poised for a 2% Rally Despite Recent Volatility WIF/USDT price chart | Source: KuCoin   Dogwifhat (WIF), a Solana-based memecoin, is positioned for a potential 22% rally after breaking out of a bullish descending triangle pattern. Currently trading at $3.66, WIF has experienced a price surge of over 54% in the past week. Technical indicators, including its position above the 200-day EMA and an RSI signaling upside potential, suggest further bullish momentum. Analysts predict WIF could reach $4.70 if it sustains its breakout trajectory, driven by strong trader interest and a rising open interest (OI) that surged 12% in the last 24 hours.   However, recent whale activity has injected uncertainty into WIF's price action. A significant holder sold 850,000 WIF tokens, pocketing $7.5 million in profits, which led to a 15% intraday price drop. Despite this sell-off, the whale retained 50,000 WIF, reflecting continued confidence in the token’s potential. While trading volume dipped by 55%, WIF’s long/short ratio on Binance remains bullish, with 68.4% of traders holding long positions. This combination of technical and market signals indicates that WIF could sustain its upward momentum, though traders should remain cautious of volatility.   8. DOG: Bitcoin’s Native Memecoin Hits New Heights DOG price chart | Source: Coinmarketcap   DOG, a Bitcoin-native memecoin, has seen an 75% surge this week, reaching $0.0077. The rally follows its recent Kraken futures listing, sparking speculation about further exchange listings, including Binance. Built on the Bitcoin blockchain using the Runes protocol, DOG is now the most widely held Runes token, with a market cap of $775 million at the time of writing.   DOG’s success aligns with two major crypto trends: Bitcoin’s dominance and the growing popularity of memecoins. As traders anticipate potential listings on major exchanges, DOG’s position atop the Runes leaderboard underscores its appeal. While its momentum is strong, high volatility makes cautious trading essential for investors.   Read more: What Is Runes Protocol? Bitcoin’s Latest Fungible Token Standard   Conclusion Memecoins are taking the spotlight this week, with Peanut the Squirrel, Pepe, and Bonk leading the charge. While these tokens offer opportunities for significant gains, their high volatility demands careful risk management. As the crypto market surges to new highs, the memecoin sector continues to evolve, attracting both retail and institutional interest. Stay tuned for more updates on these trending tokens as the market heats up.   Read more: Solana Leads 89% New Token Launches, Bitcoin’s Path to $100K in November, and $PNUT’s Meteoric $1 Billion Rise: Nov 15

Bitcoin is currently priced at $89,854 showing a -0.79% decrease, while Ethereum is at $3,075, down by -1.81% in the past 24 hours. The market's 24-hour long/short ratio in the futures market was almost balanced at 48.6% long versus 51.4% short positions. The Fear and Greed Index, which measures market sentiment, was at 90 yesterday and maintains the Extreme Greed level at 83 today. The crypto world has seen explosive moves lately. Ripple's XRP made significant gains while Shiba Inu (SHIB) aims for a huge price target and Solana-based DApps raked in record fees during memecoin mania. In this article we explore what drives these gains and their impact on the broader crypto market. Let’s break down what these stories mean for investors and the crypto community.   What’s Trending in the Crypto Community?  Michael Saylor hinted at continuing to increase BTC holdings. XRP Rises Over 25% Boosted by Regulatory Hopes and ETF Filing cbBTC circulating supply exceeded 15,000, with a market cap surpassing $1.3 billion. Solana's market cap surpassed Sony and Medtronic, ranking 165th in global asset market cap.    Crypto Fear & Greed Index | Source: Alternative.me    Trending Tokens of the Day  Top 24-Hour Performers    Trading Pair  24H Change XRP/USDT +9.72% PNUT/USDT +10.82% SHIB/USDT +3.89%   Trade now on KuCoin   Read More: Solana Leads 89% New Token Launches, Bitcoin’s Path to $100K in November, and $PNUT’s Meteoric $1 Billion Rise: Nov 15   XRP Rises Over 25% Boosted by Regulatory Hopes and ETF Filing The price of Ripple's XRP token has surged nearly 25% in the past 24 hours, reaching its highest level since November 2021, marking a significant shift for the cryptocurrency. According to KuCoin, XRP now stands at $1.13. XRP added $20 billion to its market cap which has reached $65 billion. There wasn't a specific announcement but traders seem optimistic about a favorable regulatory outcome for Ripple and the resolution of its battle with the SEC.   XRP/USDT Trading Chart | Source: KuCoin    Ripple's Chief Legal Officer Stuart Alderoty noted the hard part of the fight is behind us:   "Please remember the SEC’s broader strategy: try to create distraction and confusion for Ripple and the industry. But honestly, it’s just background noise now. The hard part of the fight is behind us," Ripple's Chief Legal Officer Stuart Alderoty recently wrote on X.   Significant XRP transfers followed with over $316 million moved in the last two days. The price rise led to significant on-chain activity. One wallet moved $90 million in XRP to another wallet, as reported by Whale Alert. The analytics provider noted over $316 million in XRP transfers in the past two days. 21Shares filed for an XRP ETF following the success of its Bitcoin and Ethereum ETFs. Canary Capital and Bitwise also filed for XRP ETFs. This indicates growing confidence in XRP's future.   Shiba Inu Forecasts 101% Price Jump, Reach Target $0.000048 Shiba Inu (SHIB) surged 50% after Donald Trump's election victory and now trades at $0.000024. CoinCodex predicts SHIB could double by the end of November 2024 reaching $0.000048. The firm says SHIB is consolidating and ready for another move up.   Source: KuCoin 1 Week SHIB Chart   It surged 280% in March after the Bitcoin halving event. The recent victory of Donald Trump in the US presidential election triggered buying across the market. SHIB rose 50% to its current price of $0.000024.   CoinCodex predicts a 101% surge for Shiba Inu by the end of November. The target price is $0.000048. Investors hope SHIB will reach $0.01 which could bring huge gains for long-term holders. Meme coins show dramatic swings and Shiba Inu's future looks volatile.   Source: CoinCodex   Solana-Based DApps See Record Fees Amid Memecoin Frenzy Solana-based apps have seen a surge in fee revenue. Five of the top ten fee-earning protocols in the last 24 hours are on Solana. Raydium, a Solana market maker, collected $11.31 million in fees. Liquid staking protocol Jito earned $9.87 million in fees, its third-highest on record.   Five of the top 10 protocols by fees were on Solana on Nov. 17. Source: DefiLlama    Memecoins fuel the frenzy around Solana. Peanut PNUT saw a 2800% rise in two weeks. Dogwifhat (WIF) also surged after a Coinbase listing. The largest Solana memecoin Dogwifhat (WIF) listed on Coinbase on Nov. 15 briefly surged to a six-month high of $4.19.   The Department of Government Efficiency is a new US agency under President-elect Donald Trump. It shares the same abbreviation as the memecoin Dogecoin (DOGE) which rallied 140% in the last two weeks.   Solana pushes above $240 despite supply inflation. SOL trades at $234 just 8.5% away from its all-time high of $259. Solana's market cap stands at $112 billion, up 44% from its previous high of $77 billion on Nov. 6 2021. The market cap increase comes from growth in token supply through its inflation schedule which rewards stakers with new SOL tokens. At the time of publication Solana's inflation rate is 4.9% decreasing at a rate of 15% per year according to SolanaCompass data. Solana's token SOL rallied to $242 its highest since 2021 driven by memecoin speculation and increased token supply through staking rewards.   Read More: Top Crypto Projects in the Solana Ecosystem to Watch in 2024   PNUT Price Skyrockets 2800% in 2 Weeks Peanut (PNUT) , a new memecoin inspired by a viral squirrel, skyrocketed by 240% on November 13. The surge began on November 4. PNUT's price rose over 2800% in less than two weeks reaching $1.57. The rally followed an uptick in crypto prices after Donald Trump won the election.   PNUT/USDT price chart | Source: KuCoin   PNUT Price Prediction In the short term, the PNUT price prediction for the next 24 hours hinges on key price action around the $2.45 level. The outcome will largely determine the direction of the token's immediate trajectory. If the price successfully breaks out from the $2.45 area, this signals the potential for a fifth wave extension, indicating a continuation of upward momentum. As more data becomes available, future projections will become more accurate and dependable.   On the other hand, if the price fails to break through and gets rejected, it will likely lead to the start of a prolonged correction. This correction could result in the price pulling back significantly as investors take profits and traders reassess the asset's value. The next weeks are critical for defining whether PNUT can continue its rally or must consolidate before making its next move.   Read More: $PNUT Crosses $1 Billion Market Cap—Is the Hype Real?   Conclusion The crypto market has had surprises this month with XRP's price jumping with legal optimism. Shiba Inu (SHIB) eyed a huge leap and Solana-based DApps set fee records. Memecoin frenzy continues with projects like Peanut (PNUT) gaining traction. Traders and investors watch these trends for opportunities in a volatile crypto landscape. Remember to always do your own research (DYOR) when looking to buying memecoins.

Solana-based memecoin Peanut the Squirrel ($PNUT) crossed the $1 billion market cap and caught traders' attention on Nov.14. As $PNUT's price rises, many wonder if it's a lasting success or another bubble.   $PNUT Price Trend | Source: KuCoin   In a few days, $PNUT surged 266.17%, pushing its market cap to $1.68 billion. The current price is $1.68. This growth surprised even seasoned traders. Rapid growth brings risks. The Fear and Greed Index for $PNUT is at 84, showing extreme greed. High optimism can push prices higher but also lead to sharp corrections. Memecoin markets are volatile, and $PNUT is no exception.   Technical analysts remain cautiously optimistic. Some predict $PNUT could reach $4.73 by December, representing another 211.12% gain. This forecast comes from trading volumes, technical indicators, and memecoin momentum. Yet, the history of memecoins like Dogecoin and Shiba Inu shows that rapid gains often end in corrections.   $PNUT's volatility remains a key risk. Over the past 30 days, $PNUT had 50% of days in the green. This signals growing confidence but doesn't guarantee long-term stability. Memecoins rely on community sentiment and speculation rather than strong fundamentals, making prices unpredictable. Potential investors must weigh the risks. The best advice is to invest only what you are willing to lose. Memecoins offer big rewards but carry major risks.   Read Also: Solana Leads 89% New Token Launches, Bitcoin’s Path to $100K in November, and $PNUT’s Meteoric $1 Billion Rise: Nov 15   Is Peanut the Squirrel (PNUT) a Good Investment? Investing in Peanut the Squirrel (PNUT) comes with several potential advantages:   Rapid Market Growth: Since its launch, PNUT has seen impressive price increases, including a 133% rise in one day and now 806% in one week, showing strong market interest. High Trading Volume: PNUT has reached trading volumes of up to $300 million, indicating active market participation. Influential Endorsements: Figures like Elon Musk have commented on Peanut, bringing extra attention to the token. Exchange Listings: Listings on major exchanges like KuCoin have improved accessibility and liquidity, boosting PNUT's price. Community Engagement: PNUT has attracted a dedicated community, creating support that helps drive growth and stability. These factors highlight PNUT's potential, but it's crucial to remember that it is a memecoin and highly volatile. Always conduct thorough research and consider your risk tolerance before investing.   How to Buy $PNUT on KuCoin Choose how you want to buy Peanut the Squirrel on KuCoin, buying cryptocurrencies is easy and intuitive on KuCoin. Let's explore the different ways of buying Peanut the Squirrel (PNUT):   Buy Peanut the Squirrel (PNUT) with crypto on the KuCoin Spot Market With support for 700+ digital assets, the KuCoin spot market is the most popular place to buy Peanut the Squirrel (PNUT). Here's how to buy:   1. Buy stablecoins such as USDT on KuCoin using the Fast Trade service, P2P, or through third-party sellers. Alternatively, transfer your current crypto holdings from another wallet or trading platform to KuCoin. Make sure your blockchain network is correct, since depositing crypto to the wrong address may result in loss of assets.   2. Transfer your crypto to a KuCoin Trading Account. Find your desired PNUT trading pairs in the KuCoin spot market. Place an order to exchange your existing crypto for Peanut the Squirrel (PNUT).   Tip: KuCoin offers a variety of order types to buy Peanut the Squirrel (PNUT) in the spot market, such as market orders for instant purchases and limit orders for buying crypto at a specified price. For more information about order types on KuCoin, click here.   3. As soon as your order is successfully executed, you will be able to see your available Peanut the Squirrel (PNUT) in your Trading Account.   How to Store Peanut the Squirrel (PNUT) The best way to store Peanut the Squirrel (PNUT) varies based on your needs and preferences. Review the pros and cons to find the best method of storing Peanut the Squirrel (PNUT).   Store Peanut the Squirrel in Your KuCoin Account Holding your crypto in your KuCoin account provides quick access to trading products, such as spot and futures trading, staking, lending, and more. KuCoin serves as the custodian of your crypto assets to help you avoid the hassle of securing your private keys on your own. Make sure to set up a strong password and upgrade your security settings to prevent malicious actors from accessing your funds.   Hold Your Peanut the Squirrel in Non-Custodial Wallets "Not your keys, not your coins" is a widely recognized rule in the crypto community. If security is your top concern, you can withdraw your Peanut the Squirrel (PNUT) to a non-custodial wallet. Storing Peanut the Squirrel (PNUT) in a non-custodial or self-custodial wallet grants you complete control over your private keys. You can use any type of wallet, including hardware wallets, Web3 wallets, or paper wallets. Note that this option may be less convenient if you wish to trade your Peanut the Squirrel (PNUT) frequently or put your assets to work. Be sure to store your private keys in a secure location as losing them may result in the permanent loss of your Peanut the Squirrel (PNUT).   Conclusion $PNUT's rise to a $1 billion market cap impresses, but sustainability remains in question. The memecoin's rapid growth draws attention, yet high volatility and market sentiment suggest caution. Whether $PNUT continues its climb or faces a correction is uncertain. For now, it has earned its place in crypto history, and investors are watching closely.    Read More: Top Solana Memecoins to Watch in 2024   

Bitcoin is currently priced at $87,322 showing a -3.38% decrease, while Ethereum is at $3,058, down by -4.02% in the past 24 hours. The market's 24-hour long/short ratio in the futures market was almost balanced at 49.8% long versus 50.2% short positions. The Fear and Greed Index, which measures market sentiment, was at 88 yesterday and maintains the Extreme Greed level at 80 today. The crypto market has been buzzing with major developments that are shaping the landscape of digital assets. Solana is dominating new token launches by 89%, Bitcoin is aiming for a historic $100,000, and the memecoin $PNUT has crossed a billion-dollar market cap. Let’s break down what these stories mean for investors and the crypto community.   What’s Trending in the Crypto Community?  Tether Treasury has minted 9 billion USDT since Trump won the U.S. presidential election. Tether announced the launch of the asset tokenization platform Hadron, allowing users to tokenize various assets, including stocks, bonds, stablecoins, loyalty points, etc. The U.S. spot Bitcoin ETF has accumulated a trading volume of over $500 billion in just ten months since its launch.  Crypto Fear & Greed Index | Source: Alternative.me    Trending Tokens of the Day  Top 24-Hour Performers  Trading Pair  24H Change XRP/USDT +17.91% OM/USDT +12.06% HBAR/USDT +10.62%   Trade now on KuCoin   Read More: Top Cryptos to Watch as Bitcoin Crosses $81,000 and Crypto Market Enters 'Extreme Greed' Zone   Solana Powers 89% of New Token Launches as Memecoin Craze Fuels Network Source: The Block   Last week saw a staggering 181,000 new tokens appear on decentralized exchanges (DEXs). Solana accounted for 89% of these launches. Memecoin platforms like pump.fun are driving this surge, creating efficient systems for deploying new tokens. Despite this volume, only about 1% of these tokens are successfully listed on major platforms like Raydium. Still, Solana’s technical strength—fast transactions and low fees—keeps it as the top choice for new projects.   The network processed roughly 41 million non-vote transactions last week, showing high user engagement. Established memecoins on Solana are outperforming, second only to major Layer 1 tokens like Ethereum and Solana itself. This shows that investors are still hungry for high-risk, high-reward opportunities even as institutional capital pours into regulated assets like Bitcoin ETFs.   Solana’s position as the preferred network for new token launches remains secure for now. Its technical edge in fee structure and transaction speed keeps it ahead, though the high failure rate of new tokens reminds us of the speculative nature of these projects.   Bitcoin’s $100K Path Could Accelerate in November BTC/USDT Chart Source: KuCoin   Analysts are predicting that Bitcoin could hit $100,000 before the end of November. This expectation follows historical trends and the recent surge in investor interest since Donald Trump won the U.S. presidential election. Bitcoin recently crossed the $90,000 mark, putting it within striking distance of six figures. Its 100% year-to-date rally has outpaced most traditional assets, highlighting its strong appeal as an investment option.   November has historically been the best month for Bitcoin’s returns. A 14.7% increase from the current price of $87,843 would push it past $100,000. If history repeats itself, Bitcoin could break this milestone within weeks. However, leveraged trading ratios have reached unsustainable levels. Kris Marszalek, CEO of Crypto.com, warned that a market correction might be needed before Bitcoin can push further, urging traders to manage their risk wisely.   Despite the need for possible deleveraging, optimism remains strong. Bitcoin has already gained 20% this month, and analysts believe it could match or exceed its historical average monthly return of 44%. The next few weeks will be crucial for BTC as it inches closer to the much-anticipated $100,000 mark.   Bitcoin average monthly returns. Source: CoinGlass   Read more: Bitcoin Price Prediction 2024-25: Plan B Forecasts BTC at $1 Million by 2025   $PNUT Crosses $1 Billion Market Cap $PNUT Price Trend | Source: KuCoin   Peanut the Squirrel ($PNUT) has taken the crypto world by storm. This Solana-based memecoin crossed the $1 billion market cap, driven by a massive price surge of 266.17% within just a few days. With a current price hovering around $1.68, $PNUT has caught the attention of both traders and the broader crypto community.    Yet, the hype brings risk. The fear and greed index sits at 84, indicating “extreme greed.” Such levels often suggest collective euphoria, which can be followed by sudden corrections. Despite this, technical analysts remain bullish, forecasting a potential price of $4.73 by December—a jump of 211.12%.   The rapid rise of $PNUT is reminiscent of earlier memecoin successes like Dogecoin and Shiba Inu, which saw massive gains followed by equally sharp corrections. While $PNUT shows promise, investors must remember that its high volatility carries significant risk. The memecoin recorded 50% of “green” days over the last 30 days—a signal of confidence but not a guarantee of stability. The key question for new investors is whether this is a strategic long-term play or just a speculative short-term bet. As always, only invest what you’re willing to lose, as the history of crypto is filled with quick rises and equally rapid falls.   Read More: BTC ETF Sees Net Inflow of $61.3 million, $DOGE Sees 140% Surge with 75,000 New Dogecoin Wallets, BlackRock Expands Tokenized BUIDL Fund: Nov 14   Pennsylvania House Introduces Bill for Bitcoin Reserve   President-elect Donald Trump, known for his pro-crypto stance, has sparked excitement in the crypto market following his election win. At the Bitcoin Conference in Nashville, he pledged to make the U.S. the "crypto capital of the planet," leading many, including Pennsylvania legislators, to take notice. Satoshi Action Fund announced up to 10 more states are likely to follow suit this year.   State Representative Mike Cabell has proposed a bill to allow the state treasurer to invest up to 10% of Pennsylvania’s general fund in Bitcoin. Cabell believes this move would help the state stay ahead of inflation. Bitcoin’s value jumped by 28.7% after the election, reaching over $89,000, and enthusiasts hope it will hit six figures by Trump’s inauguration in January.   The bill, still in planning, faces challenges, including a Democratic-controlled House, Republican-majority Senate, and Cabell’s end of term, as he lost his reelection bid. However, State Representative Torren Ecker plans to continue pushing the effort. Cabell's focus now is educating other legislators on Bitcoin’s potential.   Representative Cabell said, “This work cannot be done by one lawmaker or even a group of lawmakers; it requires advocates who understand the policy intricacies and can help foster these relationships within state legislatures and Congress.”   Not everyone supports the idea. Hilary Allen, a financial regulation professor, called it "an unequivocally bad idea" due to Bitcoin’s volatility. However, similar moves in other states, like Wisconsin and Michigan, show growing interest in alternative assets. Andrew Bull, a digital assets lawyer, notes that such a bold move is rare but could be effective if held long-term.   Despite risks, Cabell remains committed. "I’m more concerned about inflation than risky investments," he said, expressing confidence in Bitcoin’s potential benefits for Pennsylvania.   Conclusion The crypto market remains highly dynamic. Solana’s leadership in token launches, Bitcoin’s rapid move towards $100,000, and $PNUT’s meteoric rise all highlight the opportunities—and risks—available to investors. Solana continues to dominate new projects, thanks to its technical strengths. Bitcoin’s price surge shows promise, but leveraged positions pose a risk for short-term corrections. Meanwhile, $PNUT’s rapid growth underscores the speculative nature of memecoins. As the market evolves, investors need to stay informed and assess whether each opportunity aligns with their risk tolerance and goals.