Today's Crypto and Bitcoin News

Dogecoin ($DOGE) has surged over 140% in the past week. It now trades above $0.4. This rise has come during a broader market rally and is fueled by a sharp increase in new users joining the network.   Source: X   According to on-chain analytics firm Santiment, Dogecoin saw 74,885 new wallets created over the last week. Each wallet holds less than 100,000 DOGE, which signals growing retail interest. At the same time, larger holders known as sharks and whales saw their numbers drop by 350 addresses. Despite this drop, 108 new large wallets have appeared in recent days, adding more buying power to Dogecoin's market.   Ali Martinez, a popular cryptocurrency analyst, believes this rally could be just the start. He predicts that Dogecoin could go parabolic soon, hitting prices between $3.95 and $23.26. Martinez points to historical trends and Fibonacci retracement levels, which often show key moments of strong movement. If this trend plays out, Dogecoin could surpass expectations and reach new highs.   Dogecoin has also outperformed Bitcoin in recent days. While Bitcoin increased by 25% over the past week, Dogecoin’s surge has been much stronger. Last month, Dogecoin saw its biggest spike in active addresses in six months, with 84,000 wallets becoming active. This level of activity shows that users are not just holding DOGE. They are actively trading and transferring it, keeping the network dynamic and strong.   Analyst Insights on Dogecoin's Future Source: KuCoin   Opinions about Dogecoin’s future are mixed. Increased retail interest and growing institutional involvement give a strong base for this rally. Crypto analyst @ali_charts highlighted potential short-term corrections based on the TD Sequential indicator. He noted sell signals for Dogecoin on 4-hour and 12-hour charts, with another forming on the daily chart. These signals suggest Dogecoin may pull back before going higher. Corrections often provide a chance for new buyers, giving fresh momentum to the rally.   Crypto Twitter influencer WIZZ has a different take. He expects Dogecoin to hit $1 soon and outperform other top digital assets. WIZZ also mentioned rumors that Dogecoin could become integrated into X for payments. If this happens, it would greatly increase Dogecoin's use and boost its value. Integration into a major platform like X would be a game-changer, moving Dogecoin beyond its status as a meme asset.   Elon Musk remains central to Dogecoin's story. His influence over the crypto space is significant. Recent rumors suggest Musk could take part in Donald Trump’s new administration, possibly leading a Department of Government Efficiency, nicknamed D.O.G.E. Musk has always been a vocal supporter of Dogecoin. His support and the potential government involvement have clearly added excitement, pushing Dogecoin higher.   Dogecoin’s rapid price rise and the influx of new wallets signal belief in its potential. If analysts are right, Dogecoin could push beyond $3.95 or even reach above $20. With key figures like Musk backing it, Dogecoin is no longer just a joke. It is evolving into a major digital asset with growing use cases.   Read More: Dogecoin Soars 80% in 1 Week as Trump Introduces 'DOGE' Department, Backed by Musk and Ramaswamy   Conclusion Dogecoin is making headlines once again. Nearly 75,000 new wallets appeared in a single week, helping drive a 140% price surge. Analysts predict this could be just the beginning. With Elon Musk’s involvement and possible integration into X, Dogecoin's future looks bright. Whether due to hype or increased adoption, Dogecoin is gaining momentum, and the market is watching closely.

DOGE$0.33598+7.80%

According to SpotOnChain, Tether has minted $5 billion worth of USDT stablecoin over five days, coinciding with Bitcoin's rally to $93,000.This massive liquidity boost aligned with Bitcoin’s push towards the $93,000 milestone. The influx of funds has fueled an already bullish market, providing Bitcoin the boost it needed to surge forward.   Source: SpotOnChain   In the past 5 days, the BTC price kept setting new record highs as Tether Treasury minted a net 5B USDT on both Ethereum and Tron, including:   a net 1B USDT on November 6, after which the BTC price rose to a new high of $76,200; 2B USDT on November 9 and 10, after which the BTC price reached a new all-time high of $89,500; 2B USDT on November 12  SpotOnChain data shows Tether began minting $1 billion USDT on November 6. This mint coincided with Bitcoin reaching $76,200. Tether followed up with $2 billion on November 9 and 10, propelling Bitcoin past $80,000. On November 11, Tether added another $2 billion. In five days, Tether minted a total of $5 billion, adding critical liquidity at the right time.   Tether's market cap jumped to $124 billion, cementing its dominance as the leading stablecoin. This represents a 4.2% growth from its earlier $119 billion. USDT remains a key player in the crypto world, providing liquidity for centralized and decentralized trades. CryptoSlate data shows USDT’s 24-hour trading volume hit $289 billion. Traders are using USDT as a bridge to seize opportunities during this rally.     Impact of USDT Supply on the Market Tether’s supply expansion came as the market rallied. More USDT in circulation means more liquidity. Historically, an increase in USDT supply correlates with gains in major cryptocurrencies like Bitcoin and Ethereum. USDT offers an easy route into the crypto market, providing stable buying power. As Tether pumped more USDT into the market, liquidity surged, allowing for efficient trades.   Bitcoin's price jumped 11% in five days, reaching close to $90,000 on November 12, 2024. The added USDT fueled this climb by making fresh trading capital available. Tether’s minting spree helped maintain bullish momentum by boosting liquidity across exchanges.   With a market cap of $124 billion, USDT now controls roughly 63% of the stablecoin market, which stands at $197 billion. This makes Tether the backbone of market liquidity. The fresh $5 billion has not only propelled Bitcoin but has also reinforced market stability.   Read more: USDT vs. USDC: Differences and Similarities to Know in 2024   Tether Launches Wallet Development Kit Source: X   Tether also recently launched a wallet development kit (WDK) designed for seamless integration of non-custodial wallets on November 12th. The WDK is modular and open-source, making it easy for developers to add wallet features to their platforms. It supports individual users and emerging digital entities like AI agents and robots.   The WDK gives developers tools to create wallets for mobile, desktop, and web. It is fully self-custodial, meaning users have complete control over their assets. Tether CEO Paolo Ardoino stated that the WDK will empower users to manage their finances with "programmable open resilient systems" that connect people, machines, and communities.   Ardoino added:   “WDK by Tether is focusing on open-source, super-modular, highly scalable and battle tested development libraries that are easy to integrate on any platform, from embedded devices to mobile, from laptop apps to websites, from AI agents to robotic brains.”   Conclusion Tether's $5 billion USDT injection added crucial liquidity, which might be another trigger to push Bitcoin towards $93,000. The increase supported a bullish market, with USDT now commanding a $124 billion market cap. Tether's new wallet development kit further strengthens its offerings, empowering developers to build self-custodial wallets that keep users in control.   The combination of increased USDT supply and new technology solidifies Tether's central role in the crypto market. As Bitcoin pushes higher, Tether's liquidity and innovation will continue to be vital in driving market growth and sustaining momentum. Read more: All You Need to Know About Global Dollar (USDG) Stablecoin

Bitcoin hit another milestone above $93,000 on Nov. 13 and is currently priced at $90,375, showing a +2.77% increase, while Ethereum is at $3,187, down by -1.79% 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 84 yesterday and maintains the Extreme Greed level at 88 today. Bitcoin hit a new all-time high today of $93,000, edging closer to the milestone of $100,000. Bitcoin's latest surge took the market by storm. Investors saw new record highs as positive sentiment fueled optimism in the crypto space.   What’s Trending in the Crypto Community?  Net inflows for nine spot Ethereum ETFs turned positive after 79 trading days. USDT market cap surpassed $125 billion, setting a new all-time high. Linea token to be launched in Q1 2025. BlackRock’s BUIDL fund expanded to chains including Aptos, Arbitrum, Avalanche, Optimism, and Polygon.   Crypto Fear & Greed Index | Source: Alternative.me    Trending Tokens of the Day  Top 24-Hour Performers  Trading Pair  24H Change PNUT/USDT +426.51% PEPE/USDT +77.30% MOG/USDT +43.98%   Trade now on KuCoin   Read More: Top Cryptos to Watch as Bitcoin Crosses $81,000 and Crypto Market Enters 'Extreme Greed' Zone   BTC ETFs Had a Net Inflow of $61.3M on Nov 13 Data monitored by Farside Investors provides insight into the fund activity for both US spot Bitcoin and spot Ethereum ETFs on November 14. The report indicates significant capital movement across multiple funds, reflecting investor activity and sentiment.   BTC/USDT Chart. Source: KuCoin   The Spot Bitcoin ETF saw a net inflow of $61.3 million in BTC, signaling a considerable uptick in investor interest in Bitcoin. Additionally, the BITB fund experienced a net inflow of $12.3 million, showing a sustained appetite for exposure to Bitcoin through this specific ETF vehicle.   Read more: Bitcoin Price Prediction 2024-25: Plan B Forecasts BTC at $1 Million by 2025   ETHW Had a Net Inflow of $13M on Nov 13th In the case of Ethereum, the Spot Ethereum ETF had several key inflows. The ETHW fund recorded a net inflow of $13 million, suggesting strong interest in alternative Ethereum-based assets. The primary Ethereum ETF (ETH) saw a more modest net inflow of $2.2 million, while the ETHE fund attracted $5.6 million. These inflows point to diverse investor preferences across different Ethereum-related products, reflecting both interest in mainline Ethereum and variations like ETHW.   ETHUSDT Chart Source: KuCoin   The combined inflows for Bitcoin and Ethereum spot ETFs indicate a broader trend of renewed investor confidence in digital assets. With Bitcoin-related funds attracting nearly $73.6 million and Ethereum funds seeing inflows totaling $20.8 million, the data highlights a growing interest in these key assets despite market fluctuations.   $DOGE Sees Nearly 75,000 New Dogecoin Wallets During BTC Bull Run Fueling 140% Price Surge Dogecoin ($DOGE) has surged over 140% in the past week. It now trades above $0.4. This rise has come during a broader market rally and is fueled by a sharp increase in new users joining the network.   Source: X   According to on-chain analytics firm Santiment, Dogecoin saw 74,885 new wallets created over the last week. Each wallet holds less than 100,000 DOGE, which signals growing retail interest. At the same time, larger holders known as sharks and whales saw their numbers drop by 350 addresses. Despite this drop, 108 new large wallets have appeared in recent days, adding more buying power to Dogecoin's market.   Ali Martinez, a popular cryptocurrency analyst, believes this rally could be just the start. He predicts that Dogecoin could go parabolic soon, hitting prices between $3.95 and $23.26. Martinez points to historical trends and Fibonacci retracement levels, which often show key moments of strong movement. If this trend plays out, Dogecoin could surpass expectations and reach new highs.   Dogecoin has also outperformed Bitcoin in recent days. While Bitcoin increased by 25% over the past week, Dogecoin’s surge has been much stronger. Last month, Dogecoin saw its biggest spike in active addresses in six months, with 84,000 wallets becoming active. This level of activity shows that users are not just holding DOGE. They are actively trading and transferring it, keeping the network dynamic and strong.   Read more: Dogecoin Soars 80% in 1 Week as Trump Introduces 'DOGE' Department, Backed by Musk and Ramaswamy   BlackRock Expands Tokenized BUIDL Fund to Aptos, Arbitrum, Avalanche Optimism, and Polygon BlackRock's BUIDL fund, tokenized by Securitize, is moving beyond Ethereum. It now includes Aptos, Arbitrum, Avalanche, Optimism, and Polygon blockchains. This expansion aims to increase access for investors DAOs and digital asset-native firms across these ecosystems. BlackRock wants to capitalize on growing demand for tokenized assets by providing a more inclusive environment for those seeking exposure to government securities.   BUIDL leads the tokenized government securities niche with $517 million in assets. This equals around 22% market share in the $2.3 billion sector. Launched in partnership with Securitize, the fund offers on chain yield, dividend accrual, and near real-time peer-to-peer transfers. Expanding to new blockchain networks will allow developers to integrate BUIDL into their ecosystems, boosting accessibility and potential use cases.   "We wanted to develop an ecosystem that was thoughtfully designed to be digital and take advantage of the advantages of tokenization," Securitize CEO and co-founder Carlos Domingo said. "Real-world asset tokenization is scaling, and we're excited to have these blockchains added to increase the potential of the BUIDL ecosystem. With these new chains we'll start to see more investors looking to leverage the underlying technology to increase efficiencies on all the things that until now have been hard to do."   With Aptos, Arbitrum, Avalanche, Optimism, and Polygon now onboard, developers can work within their preferred blockchain while accessing BUIDL. This broadens the potential for yield-generating investments and deepens liquidity in DeFi. BNY Mellon will continue as the fund’s administrator and custodian, ensuring consistent management across all blockchains. This step shows how traditional institutions like BNY Mellon adapt as blockchain technology evolves.   Read more: Top 5 Crypto Projects Tokenizing Real-world Assets (RWAs) in 2024   The Growing Market for Tokenized Government Securities The market for tokenized government securities is growing fast, and BlackRock's BUIDL fund leads the charge. Launched in March, BUIDL became the largest tokenized government securities fund in less than 40 days. It now holds $517 million in assets, accounting for 22% of the market share. This rapid growth shows that investor interest in blockchain-based financial products is rising.   Franklin Templeton introduced the OnChain U.S. Government Money Fund (FOBXX) through the BENJI token in 2021. It was the first U.S.-registered fund to use blockchain for transactions. BENJI now operates on Aptos, Arbitrum, Avalanche, Stellar, and Polygon with $403 million in assets. Though BENJI was the first, BUIDL quickly overtook it due to its institutional backing and aggressive expansion.   Demand for tokenized assets is growing as investors seek transparency, liquidity, and efficiency. By expanding BUIDL to more blockchains, BlackRock makes these securities more accessible. This opens doors for DAOs and DeFi projects to use these assets in their protocols, offering new ways to earn yield and use collateral.   Conclusion With the fast-paced crypto market and Bitcoin hitting another new milestone above $93,000, spot Bitcoin (BTC) ETFs saw a new net inflow of $61.3 million, while ETHW experienced a net inflow of $13 million on November 13th. BlackRock’s BUIDL fund is expanding to Aptos, Arbitrum, Avalanche, Optimism, and Polygon. This expansion aims to make government securities more accessible and integrate them into DeFi ecosystems. BUIDL’s rapid growth highlights the strong demand for tokenized assets. Meanwhile, Dogecoin added 74,885 new wallets last week, driven by bullish sentiment and its connection to Elon Musk. These developments underscore the potential for Bitcoin to soon reach the $100,000 milestone.

Bitcoin’s surge past $90,000 has reignited interest across the cryptocurrency market, setting the stage for altcoins to capture fresh momentum. Fueled by optimism around the Trump administration’s pro-crypto stance, Bitcoin’s recent gains have sparked investor enthusiasm for top altcoins poised to benefit from this rally. Since November 5, the broader market has gained significant traction, with key assets making impressive strides alongside Bitcoin. Here are the trending altcoins to watch as this bullish wave creates new growth opportunities.   Quick Take  Ethereum (ETH) surged to $3,400 on strong ETF inflows and DeFi activity, with potential to reach $4,000 as spot Ether ETFs gain traction among institutional investors. Peanut the Squirrel (PNUT) rallies 800% in a week, making the most of the upbeat market sentiment and renewed attention on memecoins, especially political-themed ones.  Dogecoin (DOGE) rose to $0.43, driven by Trump’s announcement of a “DOGE” department co-led by Elon Musk, which has intensified retail interest in the memecoin. XRP (XRP) gained 15% on hopes of a regulatory resolution with the SEC, bolstered by speculations of Trump administration support, and could rally further with a favorable outcome. Cardano (ADA) increased 35% as founder Charles Hoskinson engages with U.S. policymakers; upcoming upgrades like the “Chang” hard fork aim to enhance Cardano’s governance and scalability. Bonk (BONK) flashes “GOD candle,” signaling a continuation of its rally to new gains in the short-term.  Ethereum (ETH): ETF Inflows and DeFi Expansion Fuel Growth ETH/USDT price chart | Source: KuCoin   Ethereum has rallied over 37% this past week, climbing to a peak of $3,400 amid surging institutional demand and a renewed wave of activity in decentralized finance (DeFi). Ethereum’s rally has been bolstered by spot Ether ETFs, which have seen inflows nearing $295 million, with Fidelity’s Ether ETF leading the pack. This influx of institutional capital is helping narrow the performance gap between Ethereum and Bitcoin, as Ethereum’s utility continues to grow through DeFi and broader blockchain applications. With Vitalik Buterin recently discussing Ethereum’s ambitions to combine finance and information systems, the platform’s dual focus is drawing heightened interest from institutional and retail investors alike.   As analysts eye $4,000 as Ethereum’s next price milestone, additional catalysts may come from a potential SEC approval of U.S.-based spot Ether ETFs, which could further fuel demand. DeFi applications on Ethereum are also seeing a marked increase in active addresses and transaction volumes, signaling broader engagement and reinforcing the network’s position as a decentralized finance leader. Ethereum’s expanding role in the market, coupled with increasing institutional interest, points to a robust growth outlook as we head into 2024.   Read more: What Is The Surge Phase in Ethereum 2.0 Upgrade? Peanut the Squirrel (PNUT) Gains Over 800% in a Week After CEX Listings  PNUT/USDT price chart | Source: KuCoin   Peanut the Squirrel (PNUT) has emerged as one of the top-performing memecoins, rallying over 800% within a week and attracting significant attention from traders and crypto enthusiasts alike. Launched on Solana, PNUT skyrocketed after being listed on KuCoin and Binance, with its trading volume exceeding $1.1 billion in 24 hours. Initially created as a tribute to Peanut, an internet-famous squirrel whose controversial euthanization became a political flashpoint during the U.S. election, PNUT’s story quickly resonated with the public, gaining support from Trump supporters and fueling its popularity beyond crypto circles. This surge in interest has catapulted PNUT’s market cap to over $442 million, making it one of the most discussed memecoins on Solana.   The momentum behind PNUT is fueled not only by its unique backstory but also by a growing investor base, which has now surpassed 45,000 holders globally. Analysts predict that the coin could see further growth, with some forecasting a target market cap between $10 billion and $20 billion if the current trajectory holds. Technical indicators support this bullish outlook, with higher lows forming on the chart—a signal that buyer interest remains strong. While some traders anticipate PNUT could even surpass memecoins like PEPE, only time will tell if this squirrel-themed token can maintain its upward momentum and become one of the dominant players in the memecoin market.   Read more: Top Solana Memecoins to Watch in 2024 Dogecoin (DOGE): Trump’s “DOGE” Department Boosts Memecoin Market DOGE/USDT price chart | Source: KuCoin   Dogecoin has been one of the biggest winners in the postelection rally, surging over 200% in just three weeks. Trump’s recent announcement of the Department of Government Efficiency, cheekily referred to as the “DOGE” department, has reignited interest in the original memecoin. The new department will be co-led by Tesla CEO Elon Musk, an avid supporter of Dogecoin, alongside Vivek Ramaswamy. The announcement has led to a wave of speculation that Musk’s influence could shape pro-crypto policies in the U.S. government, adding to Dogecoin’s appeal among retail investors. As a result, Dogecoin reached a peak of $0.43, its highest level in years.   Technical analysts have pointed out that Dogecoin’s current rally may still have room to grow, with targets ranging as high as $2.40 or even $18 under favorable market conditions. With DOGE riding high on speculation and retail enthusiasm, its bullish structure appears to be consolidating for further gains. This renewed momentum has set Dogecoin apart as a strong contender in the meme coin space, making it a high-risk, high-reward asset for those willing to capitalize on market volatility.   Read more: Dogecoin Soars 80% in 1 Week as Trump Introduces 'DOGE' Department, Backed by Musk and Ramaswamy Cardano (ADA): U.S. Policy Influence and Network Upgrades Drive ADA Surge ADA/USDT price chart | Source: KuCoin   Cardano has also been a notable performer in the wake of Trump’s election, with ADA gaining 35% to reach its highest price in weeks. This rally comes as Cardano founder Charles Hoskinson announced his active engagement in shaping U.S. cryptocurrency policy. With the Trump administration likely to take a friendlier stance on blockchain technology, Cardano’s proactive involvement in regulatory discussions positions it as a unique asset within the crypto space. ADA’s price increase reflects growing confidence in Cardano’s ability to navigate the evolving regulatory landscape and potentially influence favorable outcomes for the broader blockchain ecosystem.   Technological advancements are further strengthening Cardano’s outlook. The network’s upcoming “Chang” hard fork, scheduled for December, introduces community-driven governance mechanisms, empowering ADA holders with voting rights and enhancing decentralization. Additionally, the planned Ouroboros Leios upgrade aims to improve Cardano’s scalability and transaction speed, making it more competitive with other major blockchains. With a commitment to regulatory engagement and network improvements, Cardano is poised for a sustained rally, potentially positioning ADA as a major player in the next phase of market growth.   Read more: Cardano Chang Hard Fork: All You Need to Know Ripple’s XRP: Trump Administration Rumors and Regulatory Optimism Drive Rally XRP/USDT price chart | Source: KuCoin   XRP has rallied over 15% amid rumors that Ripple executives may be working with the Trump administration to resolve ongoing regulatory challenges with the SEC. The potential for a favorable outcome has excited investors, with XRP reaching $0.74, a level it has not seen in months. The renewed optimism is reflected in XRP’s futures open interest, which has surged significantly, indicating strong investor confidence in the asset’s upward trajectory. Analysts believe that a positive resolution with the SEC could be a game-changer, providing XRP with regulatory clarity that could drive substantial price gains.   Moreover, technical indicators point to strong bullish momentum for XRP, as it has consistently outperformed other major cryptocurrencies in recent sessions. The prospect of Trump’s administration creating a more crypto-friendly environment has made XRP a favored asset, especially among investors looking to hedge against regulatory uncertainty. If XRP can maintain its current momentum, analysts predict that it could rally toward $1.00 or beyond, solidifying its position as a major player in the altcoin market. Bonk Rallies as “GOD Candle” Signals Room for Potential Gains  BONK/USDT price chart | Source: KuCoin   Bonk (BONK), a Solana-based memecoin, has recently captured market attention with a 23% surge, breaking past a key resistance at $0.000025. This upward momentum, driven by what analysts refer to as a “GOD candle,” has positioned BONK as a contender in the current altcoin rally. Following this breakout, BONK reached a peak of $0.000034, suggesting that the meme token could be on the cusp of a broader bullish trend. Strong MACD alignment reinforces this momentum, indicating substantial buying interest that may push BONK toward its next resistance level at $0.000045.   The market response has been bolstered by BONK’s recent listing on Binance US, significantly boosting its trading volume on decentralized exchanges (DEXs) to over $60 million in two days. Technical indicators, such as a bullish golden cross between the 50-day and 200-day moving averages, signal potential for sustained growth. However, with high volatility in play, market watchers remain cautious. The price needs to stay above $0.000026 to confirm a bullish continuation, with analysts eyeing a potential year-to-date high of $0.000044 if the current trend persists. Conclusion Bitcoin’s correction today has seen it retrace slightly, now trading around $86,000, yet strong fundamentals across the crypto market signal continued momentum for altcoins. With the Trump administration hinting at potential pro-crypto policies, investors are closely watching how upcoming regulations might fuel or temper this rally. Altcoins like Ethereum, Dogecoin, XRP, PNUT, and BONK are positioned to capture gains, each backed by unique fundamentals or significant speculative interest. Though the market’s high volatility calls for cautious optimism, institutional backing and supportive U.S. policies could indeed usher in one of the most transformative phases in crypto history.   Read more: PayPal Integrates LayerZero, Trump Appoints Musk to Lead DOGE and More: Nov 13

Dogecoin surged Tuesday night, skyrocketing over 20% after President-elect Donald Trump announced the formation of a new department focused on government efficiency, which he dubbed the “DOGE” department. In his statement, Trump named Tesla’s Elon Musk and former Republican candidate Vivek Ramaswamy as department leaders, underscoring a focus on eliminating bureaucratic inefficiencies and optimizing government expenditures.   Quick Take Dogecoin surged over 20% on Tuesday following Trump’s announcement of a new Department of Government Efficiency, or “DOGE.” Elon Musk and Vivek Ramaswamy will lead this department, aiming to streamline government operations. DOGE has surpassed XRP to become the sixth-largest cryptocurrency by market cap, reflecting renewed retail interest. The rally aligns with an increase in small retail wallets holding Dogecoin, while whale wallets show renewed activity. This announcement sparked a sharp rise in Dogecoin’s value, pushing it into a postelection rally. Since election day, Dogecoin has gained 153%, while Bitcoin has risen by just 30%.   Dogecoin Climbs to Sixth-Largest Crypto Post US Elections Dogecoin becomes 6th largest crypto by market cap | Source: Coinmarketcap    Dogecoin’s price surge has propelled it to the sixth-largest cryptocurrency by market capitalization, overtaking XRP. Memecoins like Dogecoin often mirror retail interest in the crypto market, and the DOGE rally may signify a growing appetite for speculative investments among small traders.   Musk’s longstanding support for Dogecoin likely contributed to the excitement, with many speculators seeing the DOGE department as a nod to his “Dogefather” persona. This connection between crypto and political developments seems to be driving up Dogecoin’s appeal.   All About Trump’s DOGE Announcement  Trump’s DOGE Announcement | Source: ShackNews    Trump’s announcement of the Department of Government Efficiency, referred to as “DOGE,” has created significant buzz in the crypto community, particularly among Dogecoin supporters. This department aims to streamline government processes, eliminate unnecessary bureaucracy, and cut down on excess spending. The choice of acronym—“DOGE”—immediately resonated with the crypto world, as Dogecoin is often symbolized by the Shiba Inu “Doge” meme.   The connection between Dogecoin and the DOGE department has been strengthened by the involvement of Elon Musk. Known for his playful and public support of Dogecoin, Musk has often endorsed the coin on social media, calling himself the “Dogefather” and helping propel the coin into mainstream attention. By appointing Musk as a leader in the DOGE department, Trump has effectively linked the department's goals with Musk’s persona as a champion of Dogecoin, adding weight to the connection between the two.   Musk’s presence in the department could have a dual impact: bolstering Dogecoin’s perceived value as a “people’s coin” and possibly fueling its adoption by connecting it to influential figures in government reform. For investors, this unusual tie-in between Dogecoin and government reform signals that the meme coin could benefit from continued celebrity and public support, helping maintain its relevance and potential for growth in the crypto market.   Read more: PayPal Integrates LayerZero, Trump Appoints Musk to Lead DOGE and More: Nov 13   Retail Investors and Whale Activity Fuel DOGE Rally Dogecoin daily active address vs. price | Source: Santiment    Recent data highlights an uptick in smaller retail wallets purchasing Dogecoin. IntoTheBlock reported over 6 million Dogecoin transactions last week, the highest since February. Additionally, a rise in new wallets holding less than 100,000 DOGE signals renewed retail interest in the memecoin.   Meanwhile, larger wallets, often called “whales” and “sharks,” have shown mixed signals. Over 100 of these high-value accounts recently re-entered the market, adding strength to the rally. Santiment analytics suggest that consistent buying by both retail investors and larger holders could sustain the momentum.   Dogecoin to the Moon: $1 DOGE An Ambitious Target? DOGE/USDT price chart | Source: KuCoin    The recent DOGE rally has reignited dreams of Dogecoin hitting $1, a psychological milestone for enthusiasts. Some analysts speculate that with the current political and celebrity backing, DOGE could reach targets between $2 and $4 in this bull market cycle. There’s even speculation of Dogecoin climbing to $30 by 2025, though this remains highly optimistic.   The rally may be further supported by technical indicators like the “golden cross” on the weekly chart, hinting at a promising outlook for the final quarter of 2024.   Read more: Top 10 Dog-Themed Memecoins to Watch in 2024   Dogecoin Price Prediction: What Lies Ahead? Dogecoin’s latest rise showcases the coin’s unique blend of meme power and celebrity backing, setting it apart from other assets. While its unlimited supply could limit its long-term value, Dogecoin’s recent performance suggests it may retain significant market interest if it continues to evolve.   Looking ahead, consistent support from both retail investors and whales will be critical for sustaining this upward trend. Analysts will also be watching for the impact of Musk’s role in the incoming Trump administration, as his influence could continue to propel Dogecoin’s popularity and utility.   Read more: Top Altcoins to Watch This Week as Bitcoin Breaches New High of Above $89,000

Bitcoin is currently priced at $87,936 showing a -0.79% decrease, while Ethereum is at $3,245, up by -3.73% in the past 24 hours. The market's 24-hour long/short ratio in the futures market was almost balanced at 49.3% long versus 50.7% short positions. The Fear and Greed Index, which measures market sentiment, was at 80 yesterday and is now at Extreme Greed level at 84 today. Bitcoin hit a new all-time high of $90,000, edging closer to the milestone of $100,000. The world’s largest cryptocurrency by market cap soared above $90,000, driven by the excitement following Donald Trump's election victory. Bitcoin's latest surge took the market by storm. Investors saw new record highs as positive sentiment fueled optimism in the crypto market.   What’s Trending in the Crypto Community?  Ethereum Foundation EF researcher proposes Beam Chain to reset the Ethereum consensus layer PayPal stablecoin PYUSD enables transfers between ETH and Solana via LayerZero McDonald’s hints at collaboration with NFT project Doodles, more details to be announced on November 18 Crypto Fear & Greed Index | Source: Alternative.me    Trending Tokens of the Day  Top 24-Hour Performers  Trading Pair  24H Change BONK/USDT +30.21% XLM/USDT +14.08% XRP/USDT +13.22%   Trade now on KuCoin   Read More: Top Cryptos to Watch as Bitcoin Crosses $81,000 and Crypto Market Enters 'Extreme Greed' Zone   Bitcoin Hits $90K Amid Rally Driven by Trump's Victory BTC/USDT  price chart | Source: KuCoin   Bitcoin climbed past $90,000 on Tuesday afternoon, setting a new all-time high. This rally added to its rise of over 30% in the past week. Bitcoin gained 1.8% in just 24 hours, reaching $90,000 as enthusiasm grew for Trump’s victory. Investors viewed Trump’s pro-crypto stance as a significant driver of market optimism.   Alex Thorn, head of research at Galaxy Digital, called it one of Bitcoin's biggest moments. He noted that Monday saw the largest single-day increase in Bitcoin history, adding $8,343 in just one day. This surge also boosted the U.S. spot Bitcoin ETFs, with record inflows seen last week. BlackRock's spot Bitcoin ETF alone saw $4.5 billion in daily volume, marking its highest point since launch.    Eric Balchunas, Bloomberg’s senior ETF analyst, described the surge as a day of “lifetime records.” The excitement didn't end there. Peter Chung, head of research at Presto Research, said that fund managers ignoring Bitcoin risked failing their fiduciary duty. He emphasized the growing importance of Bitcoin in a balanced portfolio, citing regulatory clarity and spot ETFs as key reasons.    Justin d'Anethan, head of APAC business at crypto market maker Keyrock, highlighted the bullish sentiment. He saw Bitcoin’s price milestone as a sign of growing stability and political favor. Supportive regulation played a major role, he said, pointing to lower taxes, less government interference, and dovish central bank policies. Investors viewed these as tailwinds for Bitcoin’s continued growth.   The broader market echoed Bitcoin’s gains. The GMCI 30, an index representing the top 30 cryptocurrencies, climbed 1.1%, reaching 161.54. Experts predicted Bitcoin would hit $100,000 in the next few months, with many confident in continued bullish momentum.   Read more: Bitcoin Price Prediction 2024-25: Plan B Forecasts BTC at $1 Million by 2025   Aggregate BTC/USDT order book. Source: TRDR.io   Read More: Top PolitiFi and Trump-Themed Coins Amid US Elections 2024   PayPal Integrates LayerZero for Transfers Between Ethereum and Solana Total Ethereum Stablecoin Supply Source: The Block   PayPal USD (PYUSD) took a major step forward by integrating LayerZero. This move allows easy transfers between Ethereum and Solana. The integration eliminates liquidity fragmentation and ensures fast, secure transfers for users and businesses. PYUSD’s market cap on Ethereum remained stable at $350 million. In contrast, supply on Solana dropped from $660 million in August to $186 million by November.   Jose Fernandez da Ponte, PayPal’s senior vice president, highlighted the benefits of LayerZero. He said the integration provides flexibility and convenience for PYUSD holders. LayerZero Labs CEO Bryan Pellegrino added that LayerZero’s Omnichain Fungible Token (OFT) standard offers unmatched interoperability for stablecoins. This integration allows PYUSD to move easily between Ethereum and Solana, giving users more options.   Sam Altman’s World Project Expands in Brazil Sam Altman's project World, previously called Worldcoin, launched its human verification program in Brazil. The company announced this expansion on Tuesday. Tools For Humanity, co-founded by Altman and Alex Blania, leads development for World. Brazil offers a large market with over 215 million people and a favorable attitude toward crypto.   World’s goal is ambitious. It aims to assign digital identification to every human. By scanning users’ eyeballs, World issues them WLD crypto tokens, confirming their humanity. The project's focus is to address rising threats like AI-powered bots, deepfakes, and identity theft. World said that bad bots now make up almost a third of all internet traffic. Soon, bots may surpass humans in online presence. The project seeks to offer a solution to verify human users in this increasingly automated space.   World has faced scrutiny. Collecting biometric data raised privacy concerns in several countries, leading to bans or restrictions. However, the project insists it does not store biometric data after verification, aiming to alleviate fears while ensuring security.   WLD/USDT price chart | Source: KuCoin    At the time of writing, Worldcoin (WLD) is trading at around $2.26, around 14% down in the past 24 hours. However, the coin has registered gains of over 16% in the past week.    Learn more: What Is Worldcoin (WLD), and How to Get It?   Trump Appoints Musk to Lead DOGE Efficiency Department as Dogecoin Soars President-elect Donald Trump confirmed Tuesday that Tesla CEO Elon Musk and Strive co-founder Vivek Ramaswamy will head the new Department of Government Efficiency (DOGE). The announcement coincided with a surge in Dogecoin's market cap now at $60 billion.   Trump’s Plan to Reshape Government Trump selected Elon Musk and Vivek Ramaswamy to lead DOGE. He announced these leaders will help dismantle government bureaucracy, cut regulations, reduce waste, and restructure federal agencies. Trump said this department will work outside the government focusing on structural reform with an entrepreneurial approach while collaborating with the White House and the Office of Management and Budget.   Musk suggested creating this department and has been involved in staffing decisions since Trump’s election victory. Musk also supports Dogecoin whose acronym matches the new department. He helped fund Trump's campaign appearing at rallies and committing millions to re-election.   Ramaswamy previously competed against Trump in the Republican primaries but has now joined the administration. On X, Ramaswamy posted "We will not go gently" while Musk added "Threat to democracy? Nope, threat to bureaucracy!"   Dogecoin Surges with Announcement DOGE/USDT price chart | Source: KuCoin   Dogecoin's price jumped after Trump's announcement. DOGE rose 12.2% in the past 24 hours now trading at $0.406. The cryptocurrency surged by 136% in the past week pushing its market cap to $60 billion. Musk's association with DOGE and his role in the new department continues to fuel investor interest.   Learn more: Top 10 Dog-Themed Memecoins to Watch in 2024   Conclusion Bitcoin's break above $90,000 reflects a bullish wave across the crypto market. Trump’s election win, coupled with positive regulatory moves, added fuel to Bitcoin's rally. Meanwhile, PayPal expanded its stablecoin utility, and World aimed to enhance user verification globally. Trump appointing Musk to Lead the DOGE Efficiency Department as Dogecoin Soars is edging crypto into the mainstream’s forefront. These developments suggest growing confidence in the crypto market, signaling that this bullish trend may continue well into the future.   Read more: Top Altcoins to Watch This Week as Bitcoin Breaches New High of Above $89,000 

The cryptocurrency market is reaching new heights, fueled by Bitcoin’s unprecedented rally above $89,000 and a surge in overall market capitalization, which now stands at $3.1 trillion. This milestone places the crypto market’s valuation just below France’s GDP, positioning it as one of the world’s largest economic forces. With new momentum across major cryptos, here are the top assets to watch as the crypto market enters a new era of growth.   Quick Take Bitcoin (BTC) has surged to an all-time high of $89,500, marking an 11% increase in the past 24 hours. Ethereum (ETH) hit a peak of $3,384, driven by record-breaking ETF inflows and institutional interest. Solana (SOL) climbed to $222, its highest price since December 2021, fueled by strong DeFi growth. Dogecoin (DOGE) reached $0.41, supported by speculations around Elon Musk’s influence in U.S. crypto policy. Worldcoin (WLD) soared 24% following the expansion of its ID verification project to 40 countries. Sui (SUI) touches a new all-time high of $3.30 after registering almost 60% gains in the past week.  Bitcoin Breaks $89,000, Eyes $100,000 Target BTC/USDT price chart | Source: KuCoin   Bitcoin’s rally continues to redefine market trends, hitting a record high above $89,900 on November 12. BTC’s market cap alone now surpasses that of Spain, placing it as a top financial asset. Analysts expect Bitcoin to maintain its dominance as the primary driver of crypto’s valuation surge. Markus Thielen of 10x Research notes that Bitcoin’s trajectory toward $100,000 could happen before year-end, particularly with growing institutional inflows into Bitcoin ETFs.   Further reinforcing this bullish outlook, the post-halving supply constraints are tightening Bitcoin’s availability, a phenomenon that experts like Jesse Myers attribute to Bitcoin’s exponential price growth. Bitcoin’s limited supply, combined with surging demand from U.S. ETFs, has created a “flywheel effect” that is likely to push prices even higher.   Read more: Bitcoin at 89k, Solana Soars Close to All Time Highs at $222, Bitcoin ETF Trading Volume Increases to $38 Billion: Nov 12 Ethereum Hits $3,400 Amid Record ETF Inflows and DeFi Expansion ETH/USDT price chart | Source: KuCoin   Ethereum continues to gather momentum, with its price climbing above $3,400 on November 12, driven by institutional demand and DeFi growth. Spot Ether ETFs saw inflows totaling nearly $295 million, with Fidelity’s ETF leading the way. This influx of capital is helping Ethereum narrow the performance gap with Bitcoin, bolstered by increasing adoption in the DeFi sector. Vitalik Buterin recently emphasized Ethereum’s dual focus on finance and information systems, aiming to expand the network's utility and institutional appeal.   Analysts are optimistic that Ethereum could soon approach $4,000, particularly if the U.S. SEC approves spot ETH ETF options. Ethereum’s long-term potential as a decentralized finance platform continues to attract both retail and institutional investors.   Read more: What Is The Surge Phase in Ethereum 2.0 Upgrade? Solana Surges to $223 on DeFi Growth, New ATH Soon? SOL/USDT price chart | Source: KuCoin    Solana has seen a remarkable recovery, reaching $223, marking a 35% increase over the past week. This rally is largely attributed to Solana’s strong DeFi ecosystem, with total value locked (TVL) reaching $7.6 billion, the highest level since 2021. Key decentralized applications like Raydium and Drift are significantly boosting Solana’s ecosystem, helping to attract new users and capital to the network.   Solana’s growth has reignited talks of a potential “flippening” with Ethereum, where its market cap could challenge or surpass Ethereum's. Solana’s active community and high-speed blockchain technology position it well for continued upward movement, with analysts speculating a new all-time high if the current trend persists.   Read more: Solana vs. Ethereum: Which Is Better in 2024? Dogecoin Surpasses $0.42 as Elon Musk’s Influence Boosts Investor Confidence DOGE/USDT price chart | Source; KuCoin    Dogecoin, the original memecoin, has experienced a strong rally, climbing over $0.42 and surpassing its three-year high. This surge is linked to speculation that Elon Musk, a prominent supporter of Dogecoin, may take a government role under the Trump administration. Musk’s association with crypto-friendly policies has renewed interest in Dogecoin, leading to a surge in options trading.   As retail interest in Dogecoin grows, the token is well-positioned to continue its upward momentum, with some analysts predicting it could revisit its previous high of $0.73.   Read more: Top 10 Dog-Themed Memecoins to Watch in 2024 Worldcoin (WLD) Jumps 24% on Global Expansion of ID Verification WLD/USDT price chart | Source: KuCoin   Worldcoin, co-founded by Sam Altman, has seen its price rise by 24% as it expands its ID verification project across 40 countries. The World ID program uses biometric verification, which has resonated well in new markets in Europe and Latin America, driving interest in the WLD token. This expansion has boosted trading volume and attracted large-scale investors, with over 45% of WLD holders now profitable at current prices.   Analysts believe Worldcoin’s focus on decentralized identity could position it as a key infrastructure project within the crypto ecosystem, with the potential to reach new price levels if the current momentum continues.   Read more: Best Decentralized Identity (DID) Projects to Watch in 2024 Sui (SUI) Reaches New All-Time Highs as DeFi Growth Bolsters Market Cap SUI/USDT price chart | Source: KuCoin   Sui (SUI) has recently emerged as a top-performing cryptocurrency, reaching a new all-time high of $3.30 on November 11, 2024, with a surge in market cap to $9.83 billion. Over the past week, SUI’s price has skyrocketed nearly 60%, positioning it among the top assets to watch as it gains traction in the decentralized finance (DeFi) space.   At the time of writing, SUI is trading at $3.08, with a trading volume of $2.95 billion in the past 24 hours. The coin has seen consistent support from technical indicators like the bullish BBTrend and EMA alignment, signaling strong buying momentum that could propel SUI to even higher levels if the trend persists.   Sui’s Total Value Locked (TVL) has also seen impressive growth, reaching a peak of $1.48 billion. This increase underscores the network’s growing adoption and usage within the DeFi ecosystem. As Sui’s market cap rises and its DeFi ecosystem grows, the network is drawing attention for its ability to attract liquidity and user participation, signaling robust support for future growth. With key support levels around $2.21, Sui is poised to maintain its upward trajectory, setting the stage for potential new highs and solidifying its position as a major player in the crypto market.   Read more: SUI Price Soars 66% to Record Market Cap: What’s Next for SUI? Crypto Market on Track for $10 Trillion Valuation by 2026? According to a recent report by Standard Chartered, a favorable regulatory environment under the Trump administration could quadruple the crypto market cap to $10 trillion by 2026. The bank cites potential positive policy changes as a significant tailwind for crypto, suggesting that institutional adoption could drive valuations to unprecedented levels. Geoff Kendrick, head of digital assets research at Standard Chartered, points out that the growth of use-case-driven digital assets will play a critical role in the next market phase.   Conclusion The crypto market’s recent rally, led by Bitcoin’s breakthrough to $89,000, marks an exciting time for investors. With Ethereum, Solana, Dogecoin, and Worldcoin showing strong momentum, these assets are among the top to watch. However, as the market enters “extreme greed” territory, investors should stay vigilant and consider risk management strategies. The surge in market cap and favorable U.S. policy prospects signal continued growth, yet market volatility remains a key factor for the months ahead.

Bitcoin is currently priced at $88,637 showing a +10.30% increase, while Ethereum is at $3,371, up by +5.89% in the past 24 hours. The market's 24-hour long/short ratio in the futures market was almost balanced at 51.2% long versus 48.8% short positions. The Fear and Greed Index, which measures market sentiment, was at 76 yesterday and is now at Extreme Greed level at 80 today. Bitcoin and Solana are soaring to new heights today. Bitcoin hit a new all-time high of $89,000, edging closer to the milestone of $100,000. Solana also surged, reaching $222 and sparking optimism about breaking its previous record at $260.    What’s Trending in the Crypto Community?  Bitcoin surpassed $89,000 today and now BTC’s market value exceeds silver. Total open interest in Bitcoin contracts across the network exceeds $50 billion, setting a new record. Circle announced that USDC will soon support Unichain. Circle introduces a new concept, supporting AI agents to operate and trade independently using USDC. MicroStrategy acquires 27,200 BTC for approximately $2.03 billion. Crypto Fear & Greed Index | Source: Alternative.me    Trending Tokens of the Day  Top 24-Hour Performers  Trading Pair  24H Change CRO/USDT +67.28% WLD/USDT +25.35% LEO/USDT +24.21%   Trade now on KuCoin   Read More: Top Cryptos to Watch as Bitcoin Crosses $81,000 and Crypto Market Enters 'Extreme Greed' Zone   Bitcoin Nears $100K Milestone, Today at $89K  BTC/USDT Price 11/12/24 Source: KuCoin   Bitcoin hit $89,000, just 12% away from the elusive $100,000 mark. Analysts point to increased spot Bitcoin ETF inflows and heightened market volatility. Many see this rally as a sign of growing confidence in Bitcoin's value, especially with regulatory clarity in sight.   Investors predict this crypto bull run will extend into 2025, likely peaking in the second half. Analysts at MV Global see these trends as indicators of growing institutional involvement in Bitcoin.   Polymarket's odds for Bitcoin breaking $100,000 by the end of 2024 surged to 54% after the price reached $89,000. Earlier in the day, "yes" shares on the prediction market traded at $0.32. By the afternoon, they reached $0.57, a 78% jump. Trading volume surpassed $2.6 million, reflecting increased betting on Bitcoin hitting the big $100K. As of November 11, Bitcoin was trading at $86,512, marking an 8.1% gain in just 24 hours.   Source: Polymarket   Bitcoin’s recent surge attracted significant attention, with $88.4 billion traded in a day. During that time, $193 million in liquidations took place, indicating rapid market movement. Polymarket, a decentralized prediction platform founded by Shayne Coplan, saw $6.01 billion in cumulative volume by November 11. Most of this activity centered around the U.S. presidential election but shifted quickly as Bitcoin gained momentum.   Solana’s Rally to $222 Raises Hopes for a New Record Solana’s native token (SOL) surged 35% between November 5 and November 11, reaching $222. This rally brought SOL within 20% of its all-time high of $260. Investors believe the price surge could continue, especially following Bitcoin’s recent performance. Increased institutional inflows and optimism around U.S. regulatory developments have contributed to this bullish sentiment.   Solana total value locked (TVL) in USD. Source: DefiLlama   Solana has also outperformed other altcoins, which saw a 33% increase over the same six-day period. Investor confidence in Solana is growing, driven by an increase in smart contract activity. Total Value Locked (TVL) on Solana reached $7.6 billion by November 10, its highest since December 2021. Key decentralized apps like Jito, Raydium, Drift, and Binance’s liquid staking drove a 36% growth in deposits.   While some criticize Solana for its reliance on memecoins like Dogwifhat, Bonk, and Popcat, the blockchain's activity extends beyond just meme assets. Platforms like Pump.fun have boosted decentralized exchange (DEX) volumes on Solana, with weekly volumes hitting $17.1 billion by November 2. This level of activity hasn’t been seen since March 2024 and gave Solana a 26% share of the DEX market, even overtaking Ethereum. In November, Solana collected $88.2 million in monthly fees, strengthening its network security.   Compared to other blockchains, Ethereum collected $131.6 million, while Tron earned $49.1 million over 30 days. Solana’s ability to generate significant revenues despite its smaller TVL demonstrates its growing influence in the blockchain ecosystem. Magic Eden, Solana’s leading NFT marketplace, saw over 77,000 active addresses in 30 days, surpassing Ethereum’s OpenSea, which had 37,940 active addresses.   This data shows that Solana's appeal goes beyond memecoins. Traders are also using Solana for NFTs and other decentralized activities, contributing to its growth. Analysts have pointed out that SOL futures funding rates recently jumped to 5%, indicating some over-enthusiasm. However, as of November 11, rates settled back to a neutral 1.8%, suggesting a healthy balance between leverage and spot activity.   Solana weekly DEX volumes, USD. Source: DefiLlama   Bitcoin ETF Trading Volume Soars to $38 Billion as BTC Hits $89K Source: The Block   Bitcoin's latest rally sparked explosive trading activity. On November 11, Bitcoin hit a new high of $89,000. This surge pushed combined daily trading volume for Bitcoin ETFs, MicroStrategy, and Coinbase shares to $38 billion. This record volume shows growing investor interest as Bitcoin closes in on the $100,000 milestone.   Bitcoin Pushes Trading Volume to Record Levels Bitcoin jumped 11% to reach $89,500 on November 11. The price rally drove massive trading in US spot Bitcoin ETFs, MicroStrategy (MSTR), and Coinbase (COIN). Combined trading volume hit a record $38 billion. This smashed the previous $25 million high set in March. Bloomberg ETF analyst Eric Balchunas called it a day of “lifetime records being set everywhere.”   BlackRock's iShares Bitcoin Trust ETF (IBIT) alone saw $4.5 billion in trading. Balchunas described it as a week of intense inflows. He said, "It really deserves a name like Volmageddon." The massive activity showed all-time high investor interest in Bitcoin and related assets.   MicroStrategy and Coinbase Stocks Surge 20-25% MicroStrategy stock jumped 25% to $340 on November 11. The stock hit a new peak, surpassing its previous high from nearly 25 years ago. Trading volume in MicroStrategy stock reached $12 billion. On the same day, MicroStrategy announced the purchase of 27,200 more Bitcoin for $2.03 billion, bringing its total holdings to 279,420 BTC.   Coinbase stock also rallied. COIN climbed almost 20%, closing at $324.2. This marked the first time COIN passed $300 since 2021. MicroStrategy and Coinbase ranked among the top five most-traded stocks during early trading on November 11. They even outpaced Apple and Microsoft, showing intense interest in crypto-related companies.   Conclusion Bitcoin and Solana have gained significant traction, with Bitcoin nearing $100,000 and Solana pushing towards a new all-time high. Market sentiment is strong, fueled by growing institutional interest and favorable regulatory signs. Both assets show increased activity, and investors remain optimistic.    Bitcoin's surge to $89,000 triggered record trading volumes in Bitcoin ETFs, MicroStrategy, and Coinbase. The $38 billion volume set a new high and highlighted the market's enthusiasm for Bitcoin as it nears $100,000. Investor interest is strong and stocks related to Bitcoin are seeing the benefits of this excitement.   The next few weeks could prove critical as these two major cryptocurrencies attempt to set new milestones and define the next phase of the market cycle.   Read more: Top Cryptos to Watch as Bitcoin Crosses $81,000 and Crypto Market Enters 'Extreme Greed' Zone

The SUI token has taken the crypto market by storm, surging over 66% in just seven days. This impressive rally pushed SUI’s market capitalization to an all-time high of $9.2 billion, placing it among the top 15 cryptocurrencies by market cap. In the last 24 hours alone, SUI saw a 32% increase, reflecting strong investor enthusiasm and a robust trading environment. With trading volumes up by 250%, SUI’s bullish momentum seems far from over.   Quick Take SUI price surged over 66% in the past week, reaching an all-time high of $9.2 billion in market cap. Sui enjoys bullish moves powered by improving market sentiment even as its ecosystem registers growth in recent weeks.  Analysts project SUI could target $10 if current trends hold, supported by rising trading volume and bullish technical indicators. SUI’s Growing DEX Volume Outpaces Solana Sui DEX volume | Source: DefiLlama   One of the driving forces behind SUI’s rapid growth is its decentralized exchange (DEX) volume, which has now outpaced Solana, reaching an impressive $7.5 billion. The SUI ecosystem’s expansion has attracted both users and investors, positioning it as a strong competitor in the blockchain space. This surge in DEX volume has directly influenced SUI’s price, reflecting growing confidence in the network’s capabilities and infrastructure.   What’s Powering the SUI Ecosystem’s Growth? Sui TVL rises as ecosystem grows | Source: DefiLlama    SUI’s technological advancements have made it attractive to developers and users alike. The recent launch of the Mysticeti consensus engine has enhanced transaction capacity, while integration with Google Cloud has provided a scalable, secure foundation for applications. These upgrades have driven adoption within SUI’s ecosystem, drawing investors who see its long-term potential.   Read more: Top Projects in the Sui Network Ecosystem to Watch in 2024   SUI Ecosystem Expands with New Projects SCA/USDT price | Source: KuCoin   Not only SUI but also Scallop (SCA), a lending protocol in the Sui ecosystem, has shown remarkable growth. SCA’s token price has surged by 87% in the last week, and its TVL has increased by over 25%. This shows users are drawn to the financial services SCA provides on the Sui network, underscoring the network’s versatility beyond the SUI token alone. The growth in SCA’s TVL highlights a strong demand for Sui-based financial solutions, adding liquidity and value to the ecosystem.   Apart from Scallop, other projects in the Sui ecosystem have been gaining traction. Cetus Protocol (CETUS) and NAVI Protocol (NAVX) have seen substantial gains, with CETUS up 32% and NAVX up 12% in the past week. Sui’s ecosystem growth is increasingly multi-dimensional, with a mix of financial services, gaming projects, and tap-to-earn applications contributing to its appeal.   Additionally, Sui-based memecoins are on the rise, reflecting the network's growing appeal. For instance, sudeng (HIPPO) has gained over 102% over the past week, indicating investor interest in Sui's unique offerings. This trend underscores the network's versatility and its capacity to support a wide range of projects, from serious financial protocols to community-driven tokens.   Read more: Top Sui Memecoins to Watch in 2024-25   Sui Technical Analysis: Indicators Signal Continued Bullishness Sui vs. Solana: gains and price trends | Source: TradingView    As SUI inches closer to $10, it’s crucial for investors to watch key support and resistance levels. Currently, SUI has shown strength around the $3 mark, with investors closely monitoring the $2.70 level as potential support in case of a pullback. If SUI can break above $3.15, analysts predict the next target at $4, potentially paving the way for further highs.   Looking at the technical indicators, SUI shows strong upward signals. The Moving Average Convergence Divergence (MACD) line crossed above the signal line, signaling a bullish trend with positive momentum. The histogram reflects green bars that are steadily growing, suggesting increasing buying pressure. Another positive sign is the Bull Bear Power (BBP) indicator, which reads around 1.26—indicating that buyers are outnumbering sellers.   Sui Price Prediction: Analysts Set Next Target at $10 SUI/USDT price chart | Source: KuCoin   Market analysts are optimistic about SUI’s future, with many suggesting it could reach $10 if the current momentum continues. This target is driven by both on-chain activity and a supportive market environment. Analysts also point out the potential impact of upcoming elections and rising interest in meme coins within the Sui ecosystem as key factors that could further push SUI’s price.   With SUI’s recent performance, many investors wonder if it could sustain its bullish trend. Analysts remain optimistic about SUI’s trajectory, especially given its resilience and consistent gains. However, the overbought levels on the Stochastic Momentum Index and Relative Strength Index (RSI) suggest that while SUI may have further upside, investors should watch for potential corrections around the $2.70 support level.   Conclusion SUI’s remarkable 60% price surge has caught the crypto community’s attention, propelling it into the top tier of digital assets by market cap. The growing demand for SUI’s ecosystem and Scallop’s increased TVL illustrate the broader adoption of Sui-based solutions. With analysts eyeing $10 as a potential target, SUI’s next moves will be critical for investors. As long as trading volumes and technical indicators remain supportive, SUI may continue its upward journey, making it one to watch closely in the crypto market.   Read more: Top Sui Wallets for Exploring the Sui Ecosystem in 2024-2025

The cryptocurrency market is experiencing a resurgence in optimism, driven by a series of recent developments that have ignited investor enthusiasm. As Bitcoin (BTC) reaches a new all-time high of $81,697 at the time of writing, the Fear and Greed Index—an indicator of market sentiment—has surged to its highest level in seven months, landing firmly in “Extreme Greed.” With political shifts in the United States, regulatory changes on the horizon, and major altcoins joining the rally, here’s a look at the latest updates in the crypto market and the top assets to watch.   Trump’s election win ignited enthusiasm, with the three major US stock indices hitting record highs on Friday, marking the best weekly performance in a year. Bitcoin continued its rally over the weekend, breaking through $81,000 to set a new all-time high. Capital is flowing rapidly into the crypto market, with Bitcoin spot ETFs seeing a net inflow of $1.615 billion and stablecoin market cap increasing by $4.75 billion.   Quick Take Bitcoin surged to a record $81,697 on November 10, with the Crypto Fear and Greed Index reaching a seven-month high in the “Extreme Greed” zone, reflecting strong investor optimism fueled by pro-crypto sentiment in the U.S. political landscape. Ethereum reached $3,200, its highest since August, with a market cap exceeding that of Bank of America. Anticipation around potential options in spot ETH ETF and DeFi growth is driving institutional interest, positioning Ethereum for further gains. Solana hit $212, marking a 34% gain in one week, driven by strong DeFi and NFT activity on the network. The token’s performance has sparked speculation of a “banana zone” rally, with the possibility of Solana’s market cap challenging Ethereum’s. Dogecoin rose above $0.23, surpassing XRP in market cap, amid speculation of Elon Musk's involvement in the Trump administration. DOGE’s rally may continue if historical patterns hold, possibly revisiting its 2021 high. Cardano spiked to $0.60 following rumors that founder Charles Hoskinson may play a role in U.S. crypto policy under the Trump administration. The announcement of a Washington, D.C., policy office has fueled speculation, with ADA potentially aiming for the $1 level by 2025. Crypto Market Enters 'Extreme Greed' at 76 Crypto Fear and Greed Index | Source: Alternative.me    The Crypto Fear and Greed Index, a measure of sentiment based on factors such as volatility, trading volume, and social media engagement, soared to a score of 78 on November 10, and dipping to 76 on Monday. This places the market in the “Extreme Greed” zone for the first time since April. The index's surge coincided with Bitcoin’s rally past $81,000, driven by recent U.S. political developments and investor expectations of more crypto-friendly regulations.   Bitcoin’s ascent and the broader rally reflect increased interest in crypto as a hedge against inflation and as an investment in technological innovation. Following the reelection of pro-crypto U.S. President Donald Trump and gains by crypto-friendly politicians in Congress, expectations are high for a shift in regulatory attitudes, potentially paving the way for further institutional adoption.   Bitcoin Records New ATH Above $81,000 Amid a Bright Outlook BTC/USDT price chart | Source: KuCoin   Bitcoin has had an extraordinary week, rallying to a new all-time high of $81,697 on November 10, up around 6% for the day. This milestone highlights Bitcoin’s continued appeal as a digital asset, particularly in times of political uncertainty. After initially peaking, BTC has since stabilized above $81,000, yet many analysts anticipate further gains.   According to James Van Straten, a senior analyst at CoinDesk, Bitcoin's recent breakout signals strong momentum that could push its price toward $100,000 by early 2025. Institutional investors have shown renewed interest, with record inflows into Bitcoin exchange-traded funds (ETFs) following Trump’s win. The broader implications of a favorable U.S. regulatory landscape, especially if the SEC revisits its stance on a spot Bitcoin ETF, could provide additional fuel for Bitcoin’s next leg up.   Read more: Trump’s Win Sets BTC on Course for $100K, Solana Nears $200 and More: Nov 8   Ethereum Surpasses Key Level of $3,200, Eyes on ETF Options ETH/USDT price chart | Source: KuCoin   Ethereum (ETH) surged to $3,200 on November 10, its highest level since August, driven by renewed market optimism and increasing institutional interest. With a market cap now around $383 billion, Ethereum has surpassed Bank of America in valuation, signaling a shift in financial dynamics as blockchain adoption accelerates. The U.S. SEC’s consideration of a spot ETH ETF options is further fueling investor demand, with parallels drawn to Bitcoin’s ETF-driven price surges, suggesting potential inflows could significantly boost ETH’s market position.   Ethereum’s recent momentum goes beyond market optimism and regulatory potential. DeFi applications on Ethereum, such as Uniswap and Aave, have shown renewed traction, fueling demand as users continue to embrace decentralized alternatives to traditional finance. Additionally, data from Ultrasound.money shows that while Ethereum was previously deflationary, the issuance rate has recently surpassed its burn rate, resulting in an inflationary supply increase of 0.42% annually. This shift is attributed to an annual issuance rate of 957,000 ETH compared to the current burn rate of 452,000 ETH.   In light of these developments, Ethereum’s co-founder Vitalik Buterin introduced a concept he calls “info finance,” a system that uses prediction markets to offer public insights into future events. This innovative approach to decentralized information gathering aligns with Ethereum’s broader push toward integrating finance and information through blockchain technology, signaling an era of heightened utility and adoption for the network.   Market sentiment is largely bullish, with analysts and community members on X predicting that ETH could soon challenge the $4,000 mark, with some expecting even higher targets, particularly if the spot ETH ETF options receives SEC approval. As Ethereum continues to attract institutional and retail interest alike, the prospect of a new all-time high seems increasingly likely, setting the stage for a potential breakthrough in the DeFi sector and beyond.   Read more: What Is The Surge Phase in Ethereum 2.0 Upgrade?   Solana Surges to $212, Enjoys Strong On-Chain Activity SOL/USDT price chart | Source: KuCoin   Solana (SOL) surged to $212 on Sunday, its highest level since the 2021 bull market, achieving a market cap of over $100 billion. This places Solana among the few cryptocurrencies with valuations in the nine-figure range, a testament to its robust DeFi and NFT ecosystem. The token’s recent performance marks a 34% increase in value over the past week, outpacing many other major assets.   Analysts point to Solana’s rapid recovery since the FTX fallout as evidence of its resilience. Solana’s ecosystem has expanded significantly, attracting DeFi protocols and a growing memecoin community. The recent “flippening” speculation—where Solana’s market cap could potentially exceed Ethereum’s—highlights the excitement surrounding its ecosystem growth. SOL’s technical breakout above $185 signals what some traders describe as the beginning of a “banana zone” rally, where price movements become steep and accelerated.   Read more: Can Solana (SOL) Surge Beyond $200 Amid Bullish Sentiment?   Memecoin King Dogecoin Reclaims Its Crown, Crosses $0.23 DOGE/USDT price chart | Source: KuCoin    Dogecoin (DOGE), the original memecoin, has returned to the spotlight, recently flipping XRP to become the seventh-largest cryptocurrency by market cap. DOGE has gained 30% over the past 24 hours, trading above $0.29, a level not seen since the 2021 crypto bull run. Its market cap has reached over $34 billion, with a possibility of surpassing USDC if current momentum persists.   The recent surge in DOGE’s price is partly attributed to speculation that Elon Musk, a longtime Dogecoin advocate, could play a role in the Trump administration’s “Department of Government Efficiency” initiative, abbreviated as D.O.G.E. Open interest in Dogecoin futures has also increased by 33% over the past week, indicating heightened investor confidence. If historical patterns hold, DOGE could continue its rally in the weeks ahead, potentially challenging its previous all-time high of $0.73.   Read more: Best Memecoins to Know in 2024   Cardano Sees 30% Spike on Hoskinson-Trump Policy Partnership Rumors ADA/USDT price chart | Source: KuCoin   Cardano (ADA) has made headlines with a 30% price jump on November 10, fueled by rumors that founder Charles Hoskinson could collaborate with the Trump administration on crypto policy. ADA reached a high of $0.60, recapturing April levels and representing a reversal in sentiment after a challenging year. Cardano’s open interest in futures has surged, with trading volumes now in the billions, signaling strong investor appetite.   Hoskinson recently announced plans to open a policy office in Washington, D.C., to advocate for the crypto industry. This move is seen as a strategic effort to position Cardano as a player in U.S. regulatory discussions. While speculation about a formal role in the Trump administration remains unconfirmed, Hoskinson’s initiative has already sparked renewed interest in ADA. Analysts are optimistic that Cardano’s price could continue to rise, with some predicting a return to the $1 level by 2025.   Read more: Cardano Chang Hard Fork: All You Need to Know   Conclusion The crypto market is currently on an upswing, with Bitcoin and major altcoins like Ethereum, Solana, Dogecoin, and Cardano reaching significant milestones. Pro-crypto sentiment is strong, bolstered by potential shifts in U.S. regulatory dynamics that may favor digital assets, and institutional interest is adding further momentum to this rally. While these factors position the market for possible continued growth, elevated "greed" levels and rapid price increases serve as a reminder for investors to approach with caution. Market volatility remains high, and sudden shifts can occur, emphasizing the importance of risk management in this speculative environment.

Solana (SOL) has seen an impressive rally this week, jumping over 25% to touch the $200 mark. This price surge aligns with broader crypto market gains following the U.S. election, which signaled a pro-crypto administration. Solana’s growth also comes alongside key ecosystem developments, including Coinbase’s launch of cbBTC on Solana, the debut of Eclipse, and a memecoin boom led by Pump.fun.   Quick Take SOL’s price jumped 25% this week, fueled by demand and strong on-chain metrics.The $200 level is in focus, with potential to breach higher resistance at $210. Coinbase launched wrapped Bitcoin (cbBTC) on Solana, enhancing DeFi capabilities. Eclipse, the first Ethereum layer-2 network based on Solana, has gone live. Open interest for SOL futures hit record highs, indicating rising institutional interest. Staking deposits surged, reducing SOL’s tradeable supply and strengthening network stability. Record-High SOL Futures Open Interest at 21.1M SOL SOL OI-Weighted Fund Rate | Source: CoinGlass    Solana’s open interest in futures markets has also hit record highs, reflecting strong institutional demand. Futures open interest reached 21.1 million SOL this week, a new high in nominal terms with $4 billion in value. This increase in leverage signals potential for volatility but also highlights SOL’s popularity among institutional investors.   The current funding rate for SOL futures sits at a balanced 0.017%, showing a moderate bullish sentiment without excessive leverage. Such stability could allow SOL’s price to continue its upward trajectory if demand remains strong and liquidations are kept in check.   Read more: How To Arbitrage From Funding Fees Futures/Spot Hedging   SOL Staking Surge: Reducing Tradeable Supply Solana staking performance | Source: Staking Rewards    Staking activity among SOL holders has surged, adding an additional $1.3 billion worth of SOL to staking contracts over the past week. This move reduces the tradeable supply of SOL on exchanges, a trend that tends to support price increases during periods of high demand. Over 397 million SOL are now staked, showing that key stakeholders remain committed to long-term growth and network security.   Higher staking deposits also reinforce Solana’s blockchain, an important factor as the network has experienced stability issues in the past. With additional staked assets, Solana is better equipped to handle increased transaction volumes, which could be crucial in sustaining its growth momentum.   Read more: How to Stake Solana with Phantom Wallet Memecoin Mania on Solana: Pump.fun’s Impact Pump.fun daily volume | Source: Dune Analytics    The rise of Solana-based memecoins has become a significant driver of the SOL token’s recent performance, with platforms like Pump.fun leading the charge. Known as a launchpad for meme tokens, Pump.fun has issued over 3 million tokens, with cumulative token issuance growing by 36% since October. This influx of memecoins has bolstered activity on decentralized exchanges (DEXs) within the Solana ecosystem, including Raydium, which saw over $30 billion in trading volume in October alone.   Goatseus Maximus (GOAT), the leading token on Pump.fun, now boasts a market cap of $835 million. Other top memecoins like Fwog (FWOG) and Moo Deng (MOODENG) also contribute to Solana’s DEX volume, drawing users and investors. Although Pump.fun recently dropped out of the top 10 DeFi protocols by fees, it remains influential within the memecoin sector, driving high transaction fees and contributing to Solana’s on-chain metrics.   Coinbase Wrapped Bitcoin (cbBTC): Expanding Solana’s DeFi Reach In a significant move for Solana DeFi, Coinbase introduced wrapped Bitcoin (cbBTC) on the Solana blockchain. This new asset allows Solana users to access Bitcoin’s liquidity within Solana’s rapidly growing DeFi ecosystem. With cbBTC, Solana DeFi protocols can now support Bitcoin-backed transactions, lending, and other financial services, a critical function that previously required Ethereum bridging or other indirect methods.   This addition also addresses a gap left by the collapse of soBTC, Solana’s previous wrapped Bitcoin token that failed during the FTX exchange crash. As Coinbase’s first native token on Solana, cbBTC provides a high-liquidity option for Bitcoin holders, already circulating with an initial $10 million supply. This development could further enhance SOL’s DeFi ecosystem, offering users more options and aligning with Solana’s broader strategy to expand on-chain utility.   Eclipse Launch: Bridging Ethereum and Solana Another key event in Solana’s ecosystem is the launch of Eclipse, the first Ethereum layer-2 network based on Solana. Eclipse combines the strengths of both chains—Ethereum’s liquidity and decentralization with Solana’s speed and low transaction costs. By leveraging the Solana Virtual Machine (SVM), Eclipse allows users to transact on Ethereum more affordably while benefiting from Solana’s transaction speed.   Eclipse’s launch marks a unique integration that bridges two of the largest blockchain ecosystems, unlocking opportunities for decentralized applications across DeFi, consumer apps, and gaming. The project’s successful $65 million in funding underscores industry interest in this hybrid model, which could play a pivotal role in future blockchain interoperability.   Read more: Solana vs. Ethereum: Which Is Better in 2024?    Solana Price Prediction: Will SOL Break Past Key Resistance at $200? SOL/USDT price chart | Source: KuCoin   With SOL currently trading around $196, the $200 mark is within reach. This psychological level could attract more buying interest if breached, potentially setting up the token to test resistance at $210. A breakthrough here could pave the way for even higher gains, with targets around $225.   However, if SOL encounters resistance, support is anticipated at its Volume Weighted Average Price (VWAP) of $189. A dip below could see SOL retreat to $171, but the recent influx of staking activity and strong open interest indicate that dips may be bought up quickly.   Solana’s Growth Potential: What’s Next? The convergence of key developments in Solana’s ecosystem, from cbBTC’s launch to Eclipse’s debut and the booming memecoin market, indicates sustained growth potential. As Solana’s speed, low transaction costs, and expanding DeFi options attract more users, SOL’s bullish trajectory could continue, especially if market conditions remain favorable and network stability is maintained.   With the $200 level within reach, Solana is positioned to capitalize on its recent gains, and the strong demand from institutional investors and the memecoin sector provides a robust foundation for future price increases. As SOL continues to integrate DeFi and memecoins, it stands to reinforce its role as a leading blockchain in the crypto ecosystem.   Read more: Trump’s Win Sets BTC on Course for $100K, Solana Nears $200 and More: Nov 8

Bitcoin is currently priced at $75,865 showing a +0.38% increase, while Ethereum is at $2,895, up by +6.36% in the past 24 hours. The market's 24-hour long/short ratio in the futures market was almost balanced at 50.1% long versus 49.9% short positions. The Fear and Greed Index, which measures market sentiment, was at 77 yesterday and is now at Greed level at 70 today. With the U.S. presidential election outcome here and the 47th President of the United States announced, the crypto world is experiencing a surge in activity. From political memecoins tied to election outcomes today to major fund inflows driven by political hype, the intersection of politics and cryptocurrency has created a whirlwind of speculation and opportunity.    Donald Trump ’s recent re-election is sending shockwaves through the crypto market as Bitcoin surges to new highs, Solana’s price nears $200, crypto stocks soar and Bitcoin ETFs hit record trading volumes. With a pro-crypto president now in office the market is buzzing with predictions that Bitcoin could reach $100,000 by Inauguration Day.   What’s Trending in the Crypto Community?  The Federal Reserve announced a rate cut of 25 basis points. Ripple’s CEO has called on Trump to swiftly reform U.S. cryptocurrency regulation after assuming office. The market cap of cbBTC has surpassed $1 billion, and Coinbase’s introduction of cbBTC to Solana is expected to encourage DeFi development on the platform. Crypto Fear & Greed Index | Source: Alternative.me    Trending Tokens of the Day  Top 24-Hour Performers  Trading Pair  24H Change RAY/USDT +14.04% UNI/USDT - 4.64% SOL/USDT +3.85%   Trade now on KuCoin   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’s Potential to Rocket Towards $100,000 After Trump’s Win Bitcoin smashed through the $76,000 mark on November 6 hitting an all-time high just one day after Trump’s win. Over the past week Bitcoin has risen over six percent signaling strong momentum with Trump in office. Trump has pledged to make the United States the world’s top crypto hub and investors believe his policies could fuel even more gains.   In January Bitcoin saw its first major push when the SEC approved the first US Bitcoin ETF pushing prices to $73,000. Now analysts are optimistic that Trump’s presidency could drive Bitcoin to hit $100,000 by January. A report from Copper Research predicts that ETFs could hold as much as 1.1 million Bitcoin by Inauguration Day if the momentum holds. Copper’s head of research Fadi Abualfa believes that the rally will continue with Trump’s pro-Bitcoin policies.   Source: TradingView   The 50-day Exponential Moving Average (EMA) at $70,290 supports Bitcoin’s bullish momentum. Investors will watch the $75,450 resistance closely, as clearing this level could solidify Bitcoin’s path toward $100,000.   Crypto Stocks and Altcoins Surge Due to Election Outcome Trump’s victory also triggered a rally in US crypto stocks and altcoins. Coinbase’s stock price jumped by 31% while companies like Robinhood MARA Holdings and Riot Platforms saw double-digit gains. Even altcoins responded with tokens like Uniswap surging by 35 percent as Trump’s regulatory promises have fueled optimism in the market. With a lighter regulatory approach expected from the new administration crypto traders see a path for growth especially in decentralized finance projects.   Solana Nears $200 as Open Interest and Institutional Demand Surge Solana futures aggregate open interest, SOL. Source: CoinGlass   Solana (SOL) has captured significant attention following Donald Trump’s election win, reaching its highest value in seven months as demand surges among traders and institutions alike. Between November 5 and November 7, Solana’s price climbed by 22.5%, reflecting a larger rally in the altcoin market that has paralleled Bitcoin’s impressive gains. With SOL now inching toward $200, analysts are watching closely as on chain metrics and institutional interest continue to rise, potentially setting the stage for Solana to become one of the most attractive assets in the cryptocurrency market.   The Republican victory, led by a pro-crypto Trump administration, has raised hopes for more favorable regulations, which could benefit platforms like Solana that offer rapid, low-cost transactions and a robust ecosystem for decentralized finance (DeFi) and NFT projects. Investors see Solana as well-positioned to capitalize on this shifting regulatory landscape, with high-speed processing and scalability that make it appealing for a wide range of applications. This optimism has driven up interest in Solana futures, reaching a record 21.1 million SOL on November 7—a total of $4 billion in nominal terms.   Solana 8-hour average funding rate. Source: CoinGlass   The current 8-hour SOL funding rate is 0.017%, which works out to around 1.5% monthly, showing a neutral-to-bullish outlook. During high market excitement, leverage costs for longs can climb to 2.1% or higher. This rate shows moderate optimism, indicating a chance for more upward movement.   Read more: Top Solana Memecoins to Watch in 2024   Elon Musk Launches D.O.G.E Initiative for U.S. Government Efficiency Source: YouTube   Elon Musk is also stepping into the spotlight with his Department of Government Efficiency (D.O.G.E) making a reference to his beloved DOGE coin, this is an initiative aimed at reducing U.S. government inefficiency. On the November 4th podcast with Joe Rogan, Musk discussed the issues of inefficiency and overreach within the federal government. Musk’s initiative aligns with Trump’s goals for a leaner government focused on economic growth. Musk warned of the growing national debt which he says now exceeds the Defense Department’s budget and could lead to economic troubles. His proposed strategy includes downsizing certain agencies and providing severance to affected employees. Musk’s approach could streamline operations in a way that impacts sectors like finance and tech with deregulation driving future growth.   Source: Michele Zanini Study   When it comes to finance issues, Musk didn’t hold back:   “Interest payments on the national debt now exceed the Defense Department budget… we’re on a path to bankruptcy.”   That’s a huge amount. The defense budget is already enormous, making this comparison even more striking. His experience navigating government regulations with Tesla and SpaceX lends credibility to this perspective.   The Department of Government Efficiency (D.O.G.E.) initiative, proposed by Musk and supported by the Trump administration, aims to streamline federal operations. This initiative has the potential to influence various sectors beyond government, similar to the impact of Musk's ventures in cryptocurrency.   As the D.O.G.E. initiative gains attention, significant changes in federal operations may be forthcoming, reflecting a broader shift towards efficiency and reduced bureaucratic constraints.   BlackRock Bitcoin ETF Sees Record-Breaking Trading Day at $4.1 Billion BTC/USDT price chart | Source: KuCoin    Trump’s win led to unprecedented trading activity for BlackRock’s Bitcoin ETF. On November 6 BlackRock’s iShares Bitcoin Trust recorded over 4.1 billion in trading volume. This was more volume than even major stocks like Netflix or Visa. Bloomberg’s Eric Balchunas called it the second-best trading day for IBIT since its launch. Other Bitcoin ETFs also saw increased activity signaling a strong investor response to the election outcome. Analysts see this as a bullish sign for Bitcoin ETFs which have dominated the ETF market this year.   With Trump’s support for crypto in play analysts believe that demand for Bitcoin ETFs and other crypto assets could continue to rise. ETF Store president Nate Geraci noted that Bitcoin ETFs accounted for six of the top ten ETF launches in 2024. Many expect Trump’s pro-crypto policies to drive additional ETF applications including funds holding altcoins like Solana and XRP.   Fadi Aboualfa of Copper.co projects that Bitcoin could reach $100,000 by January. With Trump’s support and rising demand for Bitcoin ETFs this prediction reflects growing confidence in the crypto market.   Read More: $4 Billion Crypto Bets on Election Day, Bitcoin Reaches New High and More: Nov 6   Conclusion Trump’s re-election has fueled a Bitcoin rally crypto stocks have surged and ETFs have reached record highs. The potential for Bitcoin to hit $100,000 by Inauguration Day reflects investor optimism for a pro-crypto administration and also Solana nearing $200 paints a bright future for the token. With Trump in office the crypto industry anticipates significant growth and regulatory support. This moment could mark the start of a new era for Bitcoin and digital assets with lasting impacts on finance and government policy. Read more: Will Fed Rate Cuts Fuel the Next BTC Rally After Trump’s Win Takes Bitcoin Above $76K?

Bitcoin is currently priced at $75,571 showing a +8.94% increase, while Ethereum is at $2,722, up by +12.38% in the past 24 hours. The market's 24-hour long/short ratio in the futures market was almost balanced at 50.6% long versus 49.4% short positions. The Fear and Greed Index, which measures market sentiment, was at 70 yesterday and increased to Extreme Greed level today at 77 today. With the U.S. presidential election outcome here and the 47th President of the United States announced, the crypto world is experiencing a surge in activity. From political memecoins tied to election outcomes today to major fund inflows driven by political hype, the intersection of politics and cryptocurrency has created a whirlwind of speculation and opportunity.    Donald Trump’s recent victory in the U.S. presidential election is making waves in the crypto world, promising a future where digital assets may flourish. From Bitcoin’s record-breaking surge to the booming memecoin platform Pump.fun, the market’s reaction underscores a renewed optimism for crypto.   What’s Trending in the Crypto Community?  BTC breaks through $76,000, setting a new record high After Trump’s victory, Wall Street institutions like JPMorgan and Goldman Sachs seek potential IPO opportunities for crypto companies. Tether mints 2 billion USDT on Ethereum Crypto Fear & Greed Index | Source: Alternative.me    Trending Tokens of the Day  Top 24-Hour Performers  Trading Pair  24H Change NEIRO/USDT +54.49% ENA/USDT +38.33% LDO/USDT +36.38%   Trade now on KuCoin   Read More: Crypto Market Braces for Election Volatility, November Token Unlocks, and Peanut Memecoins: Nov 4   Trump’s Pro-Crypto Win Signals a Shift for the U.S. Live 2024 US presidential election results. Source: Associated Press   The U.S. crypto community is celebrating after Donald Trump declared victory on November 6. With a promise to usher in a "golden age" for America, Trump, now set to serve as the 47th and 45th president, has reignited hope for a crypto-friendly administration. Known for his support of Bitcoin and blockchain, Trump has repeatedly positioned himself as a “pro-crypto candidate,” pledging to end the regulatory "war on crypto" and transform the U.S. into the "crypto capital of the planet."   One of Trump’s first moves, if he follows through on his campaign promises, could be to remove Gary Gensler, the current head of the U.S. Securities and Exchange Commission (SEC). Trump’s stance on crypto was evident when he took the stage at Bitcoin 2024 in Nashville, Tennessee, vowing to replace Gensler with SEC Commissioner Hester Peirce, a known crypto advocate. Trump has also hinted at launching a strategic Bitcoin reserve for the U.S. government, potentially acquiring 200,000 BTC seized from enforcement actions. This stance has ignited confidence in a pro-Bitcoin future, with figures like Dennis Porter, co-founder of the Satoshi Action Fund, declaring that the “anti-Bitcoin movement” in the U.S. is effectively “dead.”   Bitcoin Surges Past $76K in Massive Rally, Liquidating Nearly $400M in Shorts and Boosting Crypto Stocks BTC/USDT price chart | Source: KuCoin    The election buzz has translated into a price rally for Bitcoin, which hit a new all-time high of $76,000 on November 7. This surge brought widespread gains, including a 31% jump in Coinbase’s stock, positioning it among the top gainers in digital asset-related stocks. This new price for BTC surpassed its previous record of $73,800 as Trump took an early lead. Although the price dipped slightly, sitting around $73,871 at the time of publication, the market’s optimism is clear. Bitcoin’s price action has remained highly volatile as investors watch the election results unfold, with early Associated Press data showing Trump leading with 198 electoral votes compared to Kamala Harris’s 112.   Analysts caution that volatility is likely to continue as the election outcome solidifies. Still, many see Trump’s pro-Bitcoin rhetoric as a driver for further gains. Trump has hinted at a more favorable regulatory environment for digital assets, which could catalyze future investment. The market’s positive response to his early lead demonstrates how deeply tied Bitcoin’s performance has become to U.S. political developments. The rally resulted in a total of $592 million in liquidations from leveraged trading positions, according to CoinGlass data. A significant portion, around $390 million, came from short positions—bets that Bitcoin’s price would fall—making it the largest short squeeze in over six months. This event has intensified interest in the crypto market, signaling renewed momentum and potential volatility ahead for both digital assets and associated stocks.   Source: CoinGlass   Pump.fun’s Revenue Surges to $30.5 Million Amid AI and Memecoin Hype Source: DefiLlama   While Trump’s win boosted Bitcoin, the decentralized token creation platform Pump.fun has also hit record revenue. The platform reached $30.5 million in October, marking a 111% rise over the previous month. This surge broke a two-month downtrend, driven by a wave of viral memecoins and a fresh “AI meta” trend on social media.   Memecoins based on popular internet memes surged on Pump.fun, led by tokens like MOODENG, which enjoyed significant price growth. However, the true standout was a new wave of AI-themed tokens, with many being “endorsed” by AI-driven Twitter accounts. Among these, the GOAT token, championed by AI agent @truth_terminal, hit a peak market cap of $920 million on October 24, becoming the highest-valued token to originate from Pump.fun.   Other tokens, such as GNON, fartcoin, and ACT, achieved market caps in the eight- and seven-figure range. Though many of these tokens have since lost over 50% of their peak values, the platform remains a hub for memecoin trading. The recent success of tokens like PNUT, inspired by a viral story of a pet squirrel, shows how quickly social media-driven trends can fuel the memecoin market.   Read more: Top Solana Memecoins to Watch in 2024   Conclusion With Trump’s pro-crypto stance now in power, the U.S. may be on the verge of a crypto renaissance. His victory has already sparked positive momentum, evident in Bitcoin’s all-time high and the continued growth of memecoin platforms like Pump.fun. As new policies emerge, and with promises of regulatory reform, the crypto market anticipates significant changes that could shape its future.    From the White House to decentralized platforms, the next few years could bring unprecedented growth and innovation in the crypto landscape, with investors, traders, and enthusiasts eagerly watching the impact of Trump’s presidency on the market.

Bitcoin is once again in the spotlight. With the U.S. presidential election heating up, Bitcoin hit an all-time high of above  $75,000 on the election  day, driven by heightened volatility and speculation around election outcomes. While Bitcoin grabs the headlines, several other altcoins are also experiencing surges, driven by election-related optimism and broader market interest. Let’s explore the top altcoins to keep an eye on today.   Quick Take BTC reaches a new all-time high of above $75,000 before sliding lower, responding to early election results. Riding high on election-driven momentum, SOL's strong DEX volume has positioned it for a rally toward the $200 mark, supported by a robust technical setup and increased network activity. Surging 25% as Trump’s election odds rise, DOGE capitalizes on cultural ties and positive sentiment. Breaking key resistance levels, DOGE could reach new highs if the bullish momentum holds. Tracking the S&P 500, ETH shows potential for significant gains. Analysts speculate that ETH’s correlation with traditional markets could propel it toward new all-time highs, with whales accumulating in anticipation. With a 5% bounce at triangle support, SUI hints at a breakout above its symmetrical triangle. If it surpasses resistance, SUI could target a new high near $3, riding on a promising technical setup. Growing transaction volume across multiple industries reflects increased adoption. LTC’s technical signals indicate potential price targets between $72 and $108, with recent activity suggesting it’s becoming a go-to payment method for various sectors. Solana (SOL) SOL/USDT price chart | Source: KuCoin    Solana continues to stand out in the crypto market, driven by impressive decentralized exchange (DEX) trading volumes. With its $2.00 level firmly established as support, SOL is targeting a rally toward the $200 mark.   Why Is Solana Rallying?  Record-Breaking DEX Volume: Solana’s DEX volume has surpassed $26 billion, underscoring its growth. Technical Momentum: With an RSI near 64, SOL shows room for further gains without entering overbought territory. Potential Target: If SOL can hold above $200, it could soon test its all-time high at $236. Solana’s consistent volume and activity suggest strong market interest, with election-driven volatility adding fuel to its bullish outlook.   Read more: Solana vs. Ethereum: Which Is Better in 2024?   Dogecoin (DOGE) DOGE/USDT price chart | Source: KuCoin   Dogecoin is seeing a surge in interest as election results favoring Republican candidate Donald Trump come in. DOGE has risen over 25%, breaking the $0.20 level and outperforming many large-cap cryptos.   Why Is Dogecoin Trending Today?  Trump’s Election Odds: DOGE’s rally aligns with Trump’s rising odds, given the meme coin’s cultural ties to his campaign and support from figures like Elon Musk. Market Sentiment: Traders expect a sustained DOGE rally, with significant liquidations in the past 24 hours pointing to continued bullish momentum. Resistance Level: DOGE faces resistance near $0.1758; a successful breakout could push it to $0.21, marking a new yearly high. DOGE’s flipping XRP to become the seventh largest crypto by market cap today  reflects both the ongoing memecoin frenzy and upbeat market sentiment linked to political developments.   Read more: Best Memecoins to Know in 2024   Ethereum (ETH) ETH/USDT price chart | Source: KuCoin    Ethereum is another altcoin benefiting from the election frenzy. ETH has shown a strong correlation with the S&P 500, hinting at a bullish future if traditional markets remain supportive.   Can Ethereum Touch New Highs?  S&P 500 Correlation: ETH’s price moves in tandem with major stock indices, suggesting it could reach new heights if markets rally. Potential to Triple: Analysts speculate that ETH could see a massive upside, with a possible push toward the $10,000 mark. Technical Support: ETH remains strong, with whales actively accumulating, which could drive prices higher post-election. Ethereum’s positioning as a leading Layer-1 blockchain and its ties to traditional finance make it a prime altcoin to watch.   Read more: What Is The Surge Phase in Ethereum 2.0 Upgrade?   Sui (SUI) SUI/USDT price chart | Source: KuCoin    Sui is a relatively new player, but it has gained traction in recent months. The Layer-1 token has broken out above $2.00, spurred by significant DEX trading volumes and a strong community presence.   Can Rising DeFi Activity Take SUI to a New ATH?  DEX Milestone: SUI recently crossed $26 billion in DEX trading volume, signaling strong growth. Memecoin Craze: The recent surge in memecoins on Sui has fueled additional market activity, with the combined market cap of these tokens surpassing $171 million—an impressive 40% growth within 24 hours, drawing more traders and liquidity into the ecosystem. Technical Breakout: SUI’s breakout above resistance at $2.00 shows bullish strength, targeting $2.20 as the next resistance. Support Level: If SUI remains above $2.00, it could aim for ATH levels near $2.50. With high liquidity and support from active traders, SUI has the potential for further gains as the election drama unfolds.   Read more: Top Projects in the Sui Network Ecosystem to Watch in 2024   Litecoin (LTC) LTC/USDT price chart | Source: KuCoin   Litecoin has recently seen a notable increase in transaction volume, sparking discussions on its growing role as a digital payment method. This surge reflects a trend toward more practical applications across various sectors, from retail to iGaming.   Why Is Litecoin Price Rising?  Adoption Across Industries: Litecoin’s fast transaction speeds and low fees have made it popular in sectors like retail, hospitality, and travel. Many merchants are now integrating LTC for seamless payments, especially for international transactions. iGaming Popularity: The online gambling sector, particularly in Litecoin casinos, benefits from LTC's privacy and instant payouts, making it a preferred option for players valuing confidentiality. Transaction Volume Spike: Litecoin's recent transaction volume reached its highest level since May 2023, with 512 million LTC moved in just one week. Analysts view this as a signal of increasing utility rather than just trading, indicating a broader adoption of Litecoin for payments. Potential Price Movements: Increased activity could drive price volatility. Litecoin recently dipped slightly, possibly due to profit-taking, yet its strong network performance may contribute to upward momentum in the near future. Litecoin Price Prediction Litecoin’s consistent transaction growth and adoption position it as a viable option for digital cash in real-world applications. Analysts are optimistic, with potential price targets ranging from $72 to $108, though recent indicators show mixed signals.   Read more: How to Mine Litecoins: The Ultimate Guide to Litecoin Mining   MAGA (TRUMP) TRUMP price chart | Source: CoinMarketCap    MAGA, a Trump-inspired memecoin, has gained significant traction in recent days, reflecting the broader interest in Trump-themed cryptos amid the ongoing U.S. election. Currently trading at $3.78, MAGA has seen a 14% increase over the past 24 hours, benefiting from both increased network usage and bullish sentiment tied to Trump’s election prospects.   Can MAGA (TRUMP) Rally Higher?  Rising Demand and Network Activity: MAGA’s daily active addresses have surged, with the metric climbing from 903 to 2,606 over the past few days. This increase in network activity reflects growing demand for MAGA and suggests an uptick in user engagement with the coin. Network Growth Surge: MAGA’s Network Growth, which measures new addresses created on the blockchain, has also hit new highs. Rising from 326 to 1,226, this metric indicates increased adoption and traction for the Trump-themed coin. Whale Accumulation: Supply distribution data reveals that whales holding between 1 million and 10 million MAGA tokens have increased their holdings significantly, while those with smaller wallets appear to have sold. This accumulation trend among large holders points to growing confidence in MAGA’s potential. The rise in MAGA’s on-chain metrics and whale activity, coupled with heightened interest in Trump-themed assets, suggests that MAGA may have further room to grow, though investors should remain cautious given the volatile nature of memecoins.   Read more: Top PolitiFi and Trump-Themed Coins Amid US Elections 2024   Conclusion The U.S. election is contributing to heightened volatility across the cryptocurrency market, with Bitcoin’s record-breaking $75,000 high providing momentum for several altcoins. Each of these assets, from Solana’s strong DEX presence to Dogecoin’s meme-fueled rally and Ethereum’s alignment with traditional market trends, holds a unique position.   While these altcoins show potential for gains, it’s essential to remember the inherent risks in volatile markets, especially during periods of significant global events. Market conditions can shift rapidly, and investors should consider their risk tolerance and conduct thorough research before making any decisions.   Read more: $4 Billion Crypto Bets on Election Day, Bitcoin Reaches New High and More: Nov 6

Bitcoin is currently priced at $73, 901, showing a +6.55% increase, while Ethereum is at $2,589, up by +6.83% in the past 24 hours. The market's 24-hour long/short ratio in the futures market was almost balanced at 50.1% long versus 49.9% short positions. The Fear and Greed Index, which measures market sentiment, was at 70 yesterday and also stayed at the Greed level today at 70 today. As the U.S. presidential election outcome nears, the crypto world is experiencing a surge in activity. From political memecoins tied to election outcomes today to major fund inflows driven by political hype, the intersection of politics and cryptocurrency has created a whirlwind of speculation and opportunity.    What’s Trending in the Crypto Community?  The voting data from 7 swing states in the U.S. election will be announced by noon on November 6. Prediction market Kalshi tops the Apple App Store free apps chart, with Polymarket in second place. Polymarket is paying U.S. influencers to promote election betting services. Mt.Gox address transfers 2,000 BTC to an unknown wallet, worth $136 million. Crypto Fear & Greed Index | Source: Alternative.me    Trending Tokens of the Day  Top 24-Hour Performers  Trading Pair  24H Change GOAT/USDT +52.57% TAO/USDT +29.94% MOG/USDT +20.70%   Trade now on KuCoin   Read More: Crypto Market Braces for Election Volatility, November Token Unlocks, and Peanut Memecoins: Nov 4   The convergence of political betting, artificial intelligence hardware, and augmented reality highlights the transformative potential of technology and finance across industries. With nearly $4 billion bet on the U.S. presidential race, new ventures in AI-driven consumer robotics, and Apple’s anticipated entry into AR, this dynamic interplay between finance, tech, and influence is shaping the future.   The $4 Billion Election Day Betting Frenzy on PolyMarket Source: Polymarket   The 2024 U.S. presidential race has led to an unprecedented spike in prediction market activity, drawing in nearly $4 billion in political bets. At the forefront is Web3-native Polymarket, which dominates with around $3.3 billion in trade volumes, even though it faces restrictions in the U.S. Polymarket's appeal reflects a growing interest in decentralized platforms that allow users to wager on real-world events. Its success has set the standard for political betting, establishing itself as the go-to platform for decentralized, blockchain-driven predictions.   Following close behind are U.S.-based platforms like Kalshi, Robinhood, and Interactive Brokers, which collectively have attracted over $500 million in betting volumes. These platforms are gaining traction, especially after regulatory approval allowed them to host election betting for the first time. As betting odds on candidates fluctuate, Donald Trump holds a strong lead across prediction markets, with odds on Polymarket reaching nearly 82.5% and other platforms showing similar figures. This trend has captured the attention of a diverse range of investors who are eager to participate in high-stakes political events.   Rising Competition in Prediction Markets Source: Kalshi   Kalshi’s recent debut in election betting has sparked fierce competition among prediction platforms, paving the way for similar ventures in the U.S. market. Kalshi's approval to operate election markets came after a landmark court victory, allowing it to set a precedent for legally approved election betting in the U.S. This historic decision has encouraged other platforms to join, rapidly increasing competition and participation.   Robinhood entered the prediction space with a bang, launching election contracts in October and trading over 200 million contracts related to the presidential race. Interactive Brokers has also stepped in, attracting $50 million in volume. In a bid to streamline user experience, Kalshi introduced deposits in USD Coin (USDC) and even added USDC deposits from Polygon, which allows blockchain-based transfers, simplifying the process for crypto-savvy bettors. Together, these companies are challenging the decentralized giant Polymarket, fostering a competitive environment that may redefine how Americans approach political betting.   AI Hardware Expansion: OpenAI's Bold Move Source: X   In the realm of artificial intelligence, OpenAI’s creation of a consumer hardware division reflects its ambition to bring AI-driven products directly into consumers’ lives. This division, led by Caitlin Kalinowski—a former Meta engineer who played a key role in the development of AR hardware like the Orion glasses—signals OpenAI's shift from purely software-based AI models to tangible, AI-powered devices. Kalinowski’s background in AR, combined with her experience in large-scale hardware projects at Meta and Apple, uniquely positions her to drive OpenAI's hardware ambitions.   The move comes at a time when AI hardware is booming, driven by companies like Nvidia and TSMC. Although the industry has seen several attempts at integrating AI into consumer products, most, like Amazon’s smart speakers, have yet to achieve the mass market appeal of smartphones. OpenAI’s new approach may involve partnerships with major manufacturers rather than in-house production, allowing the company to focus on refining AI models while tapping into established supply chains. This strategy could fast-track AI hardware into the hands of everyday users and potentially create the long-awaited "iPhone moment" for AI-powered devices.   Memecoins and the Election: Crypto Enthusiasts Weigh In Election Day has also brought excitement to the cryptocurrency market, with memecoins inspired by candidates Donald Trump and Kamala Harris experiencing dramatic trading activity. As Trump embraces the label of “crypto candidate,” Trump-themed memecoins, such as MAGA and TRUMP, have attracted significant attention despite recent drops in market value. These tokens, designed with no official political affiliation, are a popular choice among traders looking to make speculative bets on the election outcome. Tokens like MAGA and Super Trump (STRUMP) command large market caps, though they have seen declines of up to 30% in recent weeks. Still, the high volatility surrounding these tokens provides ample opportunity for traders seeking quick profits.   Conversely, Harris-themed tokens, while fewer in number, are on the rise. The largest, “Kamala Horris” (KAMA), surged 40% over the past week, reflecting a counter-movement among traders aligning with her platform. The hype around these tokens is evident in the Ethereum and Solana blockchains, which have seen hundreds of new tokens referencing Trump and Harris. The crypto community’s interest in these political tokens underscores a cultural shift where digital assets are used not only as speculative instruments but as a form of political expression.   Read More: Top PolitiFi and Trump-Themed Coins Amid US Elections 2024   Apple’s Expansion into Augmented Reality Source: Apple    Apple’s potential entry into the augmented reality (AR) market could be a game-changer for the tech industry. Known for revolutionizing each category it enters, Apple’s foray into AR has the potential to shake up the market, directly challenging Meta's stronghold in the AR and Metaverse space. According to reports, Apple is working on smart glasses to rival Meta’s Orion, leveraging its reputation for user-friendly, high-quality design to attract consumers who may be hesitant about AR.   Apple’s focus on expanding its product line aligns with its broader strategy to push boundaries in wearable technology, which includes iPhones, Apple Watches, and AirPods. The development of an AR product would not only place Apple in direct competition with Meta but could also stimulate innovation across the industry. As the AR space becomes more crowded, Apple’s entry could provide the breakthrough needed to bring AR into the mainstream. If successful, Apple’s AR venture could significantly contribute to its growth trajectory, potentially setting another market cap milestone for the company.   Conclusion The surge in Election Day betting, the push for consumer-oriented AI hardware, and Apple’s bold AR ambitions highlight a rapidly changing landscape where politics, technology, and finance intertwine. Prediction markets reflect the public’s growing interest in speculative finance, while OpenAI’s hardware division and Apple’s AR aspirations showcase advancements that could redefine consumer technology. As these trends converge, the actions of major players like Polymarket, OpenAI, and Apple will shape how technology integrates into our daily lives, making the future of politics, AI, and AR both exciting and unpredictable. The race for dominance is on, and the leaders in these sectors are poised to drive the next wave of digital transformation.

At 8:00 AM UTC+8, Bitcoin was priced at $67,857, showing a -1.33% decrease, while Ethereum stood at $2,398, down by -2.41%. The market's 24-hour long/short ratio in the futures market was almost balanced at 49.2% long versus 50.8% short positions. The Fear and Greed Index, which measures market sentiment, was at 70 yesterday and also stayed at the Greed level today at 70 today. As the U.S. presidential election nears, the crypto world is experiencing a surge in activity. From political memecoins tied to election outcomes to major fund inflows driven by political hype, the intersection of politics and cryptocurrency has created a whirlwind of speculation and opportunity.    What’s Trending in the Crypto Community?  The Ethereum whitepaper has been available for 11 years. Solana’s on-chain DEX has achieved a weekly trading volume of $12.7 billion, ranking first for four consecutive weeks. Bitcoin mining difficulty rose by 6.24% this morning, reaching a new high of 101.65 T. OpenSea's CEO announced the platform has been completely rebuilt and will relaunch in December. Trump's winning probability on Polymarket has increased to 59.1%. Crypto Fear & Greed Index | Source: Alternative.me    Trending Tokens of the Day  Top 24-Hour Performers  Trading Pair  24H Change DOGE/USDT +7.26% XMR/USDT +3.12% SHIB/USDT +2.64%   Trade now on KuCoin   Read More: Crypto Market Braces for Election Volatility, November Token Unlocks, and Peanut Memecoins: Nov 4   Hype Launches President Memecoin Index to Track Election Trends Hype, a new memecoin trading platform, launched the President Memecoin Index to help traders track and trade tokens tied to the upcoming U.S. election. Since the presidential debate in September, Trump-themed tokens have surged by 86.9%.   Hype operates on Solana and Base and offers traders a way to track the biggest memecoins linked to the U.S. election. These tokens include Doland Tremp (TREMP), MAGA token (TRUMP), Donald Trump (TRUMP), Kamala Horris (KAMA), Krazy Kamala (KAMALA), and KAMALA HARRIS (HARRIS). Though not officially affiliated, these tokens reflect interest around the candidates.   Ravi Bakhai, founder of Hype, explained that political memecoins often lack a single unifying token. For example, several tokens may be associated with a president, so the index helps capture broader interest around the trend. The index acts like betting platforms, offering insight into election sentiment by analyzing token performance.   Political memecoins belong to a new trend called PoliFi, which combines politics and decentralized finance. For example, MAGA Memecoin now has nearly 100,000 holders across Ethereum, Solana, and Base, showing its appeal beyond the typical memecoin audience.   Bakhai explained that people can buy a candidate’s token if they believe in their success. As attention grows for a candidate, their token's value rises, turning political interest into price gains.   The index data shows the Trump-themed tokens up by 86.9% since mid-September. Tokens linked to Kamala Harris have increased by 48.9%. The trends mirror what prediction platforms like Polymarket and Kalshi are showing. Trump led by a wide margin, but Harris has been closing the gap.   Source: Polymarket   Polymarket puts Trump's chances of winning at around 57%, down from over 66% at the end of October. Bakhai highlighted the difference between token trading and prediction markets: memecoins have no limit to their price upside. Token prices may keep climbing long after the election results come out.   Read More: Top PolitiFi and Trump-Themed Coins Amid US Elections 2024   Crypto Funds Surge to $2.2 Billion Amid Election Hype Flows by assets (in millions of US dollars). Source: CoinShares   Crypto investment products saw $2.2 billion in inflows from October 26 to November 2. Year-to-date (YTD) inflows reached a record $29.2 billion, as reported by CoinShares. The four weeks of consecutive inflows totaled over $5.7 billion, representing 19% of all YTD inflows.   The latest surge in crypto fund inflows pushed total assets under management to over $100 billion for only the second time in history. This matched levels previously seen in June, which stood at $102 billion.   James Butterfill, CoinShares' head of research, attributed the inflows to excitement around the U.S. presidential election. Butterfill noted that euphoria about a possible Republican victory drove early inflows, but the shifting polls led to some outflows at the end of the week. He emphasized that Bitcoin remains particularly sensitive to U.S. election news.   Last week, Bitcoin received most of the inflows, reaching $2.2 billion, as its price neared all-time highs. Investors also poured $8.9 million into short-Bitcoin products, positioning themselves to profit from potential price drops.   Read More: Bitcoin Prediction to $100K, GRASS Airdrop Sets Records, and Robinhood's Crypto Surge: Oct 31   Ethereum: The Next Amazon? Leena ElDeeb, a research analyst at 21Shares, compared Ethereum to Amazon in the 1990s. She said Wall Street investors still underestimate Ethereum’s potential. According to ElDeeb, big inflows will come once people recognize Ethereum's value.   Spot Ether exchange-traded funds (ETFs) launched in July but have seen modest inflows compared to Bitcoin ETFs. ElDeeb explained that, like Amazon, Ethereum started with a simple purpose—smart contracts—but it now supports over $140 billion in decentralized finance (DeFi) applications.   Federico Brokate, vice president at 21Shares, noted that Amazon started as a bookstore before transforming into a digital powerhouse. He believes Ethereum’s development follows a similar path, from supporting basic applications to becoming a major force in decentralized finance.   Source: X   PolitiFi: Trump Supporters Promote the MAGA Memecoin (TRUMP) ahead of the Election Source: X   As the U.S. election approaches, Trump supporters are rallying around a trending PolitiFi project called MAGA Memecoin (TRUMP). PolitiFi tokens blend politics, pop culture, and crypto. They create digital communities where supporters invest in a cause, a candidate, or a vision.   PolitiFi tokens like MAGA Memecoin aim to keep political discussions alive while encouraging engagement. MAGA Memecoin is a tribute to Donald Trump and his "Make America Great Again" (MAGA) movement.   The token’s creators said that Trump is "the most memetic human ever," and the memecoin captures this attention. MAGA Memecoin isn’t just about memes—it has a mission. The team distributed one million branded TRUMP napkins to bars and restaurants across the U.S. to spread awareness. Each napkin links to a platform where users can easily buy TRUMP using Apple Pay.   MAGA Memecoin has lasted beyond the usual lifespan of most memecoins. The team has also donated over $2 million to nonprofits supporting veterans and fighting child trafficking. This charity-driven approach gives MAGA Memecoin a real-world purpose.   Every week, MAGA supporters gather on platforms like X, featuring political guests like Roger Stone and Antonio Brown. The community also launched a video game called "Make Cats Safe Again," where a pixelated Trump must save cats to win the presidency. MAGA Memecoin now has nearly 100,000 holders across Ethereum, Solana, and Base, showing its appeal beyond the typical memecoin audience.   Source: X   Squirrel Memecoins Take Off with Peanut ($PNUT) on Pump.Fun Crypto traders are jumping on the Peanut the squirrel trend. Peanut’s story went viral, inspiring memecoins on the Solana-based Pump.fun platform.   Two of the biggest squirrel tokens—PNUT and Nut In Profit (NIP)—now have over $37 million riding on them. Nut In Profit launched just six hours before the story broke. Pump.fun allows anyone to launch a token using a bonding curve mechanism that raises prices as demand increases. Once a token hits $69,000 in market cap, it automatically migrates to Solana’s decentralized exchange, Raydium.   Elon Musk, also posted about Peanut on X, adding to the hype. Musk is known for boosting memecoin popularity, especially with Dogecoin.   Conclusion The upcoming U.S. election has sparked a wave of hype, speculation, and creative projects in the crypto space. From Hype's President Memecoin Index, which tracks political tokens, to PolitiFi projects like the MAGA Memecoin and even squirrel-themed tokens inspired by Peanut, investors are using memecoins to speculate on political outcomes and leverage cultural moments to create digital assets. As election day approaches, crypto traders should be prepared for increased volatility and new opportunities. Read more: Bitcoin Price Prediction Ahead of the 2024 US Election: Bullish or Bearish?

Shiba Inu (SHIB) holders who have stored their tokens in a self-custody wallet, such as MetaMask or Trust Wallet, are now eligible for an exclusive PHIL Token airdrop. This community-driven token initiative rewards SHIB holders who meet specific eligibility criteria. Here’s a breakdown of the airdrop process and how to participate.   Quick Take PHIL tokens are available only to SHIB holders with self-custody wallets. Users can submit SHIB wallet address to the designated page and follow social media steps to double rewards. Users are required to follow PHIL and SHIB on Twitter, retweet the announcement for a chance at bonus tokens in order to boost $PHIL Airdrop Rewards.  PHIL was created by a mysterious Ethereum OG known as ZZ-410. PHIL plans to unite meme tokens for charity events and community impact. How to Claim Your PHIL Token Airdrop To be eligible for the PHIL airdrop, SHIB tokens must have been held in a self-custody wallet, such as MetaMask or Trust Wallet, on August 28, 2024 (block height 20,627,000). Tokens held on centralized exchanges do not qualify for this airdrop.   Eligible SHIB holders can claim their airdrop by submitting their wallet address to the designated PHIL claim page. The airdrop is structured in a tiered system, where the first 10,000 entries are guaranteed a minimum of 500 PHIL tokens, with some wallets potentially receiving up to 500,000 PHIL.   How to Boost Your $PHIL Airdrop Rewards To increase your chances of earning more PHIL tokens, you can complete additional steps to qualify for a higher reward and enter a special draw. Simply follow @PhilTokenETH and @Shibtoken on Twitter, then retweet the official airdrop announcement. By doing so, you’ll become eligible for a "Lucky Draw," which includes a grand prize of 250,000 PHIL tokens, offering participants an extra reward opportunity.   How to Claim PHIL Token Airdrop on KuCoin  Source: X    KuCoin has launched a PHIL Token airdrop campaign, offering opportunities for both new users and existing KCS holders to earn PHIL tokens. The campaign runs from November 1, 2024, 10:00 UTC, to November 8, 2024, 10:00 UTC.   Activity 1: New User Welcome Airdrop New users who complete the following steps during the campaign period will share a pool of 2,000,000 PHIL tokens:   Register an Account: Sign up on KuCoin. Complete KYC Verification: Verify your identity through KuCoin's Know Your Customer (KYC) process. Deposit or Trade: Make a deposit or trade at least 100 PHIL on KuCoin. The first 4,000 eligible new users will each receive 500 PHIL tokens, distributed based on registration time.   Activity 2: KCS Holder Airdrop Existing users holding at least 10 KCS in their KuCoin accounts during the campaign are eligible for a share of 3,000,000 PHIL tokens. The distribution is proportional to each user's KCS holdings, with a maximum reward of 5,000 PHIL per participant.   For detailed information and updates, please refer to KuCoin's official announcement.    Who Created PHIL Token? The PHIL token comes from a mysterious figure known as ZZ-410, a reputed Ethereum developer from the early days of crypto. Using an old Ethereum wallet filled with 2,000 ETH, ZZ-410 launched PHIL with a mission to promote decentralization, support communities, and inspire long-term growth.   The Vision Behind PHIL: Uniting Memecoins for Good Source: X   PHIL isn’t just another meme token. The project’s mission is to unite the top 50 meme coins, forming a collective of community-driven projects that will host charity events for various causes. Each new partnership triggers a philanthropic event, showing that even in the world of meme coins, there’s room for impact and goodwill.   With a total supply of 1 billion tokens and an initial market cap of $100,000, PHIL is already gaining momentum in the crypto market. Its community-centric approach has captured the interest of SHIB holders and other meme token enthusiasts alike.   The team has ambitious plans for PHIL, including further partnerships and events that will bring more visibility to the token. As the community grows, PHIL’s value and impact are expected to increase, making it a token to watch in the world of meme coins.   Read more: Best Memecoins to Know in 2024   Final Thoughts The PHIL airdrop provides SHIB holders with an opportunity to engage in a new community-driven project focused on philanthropy and collaboration. With its unique mission, PHIL aims to differentiate itself within the meme coin space. SHIB holders with qualifying wallets may find this an appealing chance to claim free tokens. However, as with any airdrop or new token project, it's important to exercise caution, as the cryptocurrency market is inherently volatile. Always assess your own risk tolerance before participating.   Read more: November 2024 Airdrops: Boost Your Crypto Earnings with This Complete Guide

November 2024 will see $2.6 billion worth of crypto tokens unlocked across major blockchain projects, including Sui, Aptos, Arbitrum, and more. These releases will affect market liquidity and token values. A total of $2.6 billion worth of tokens will be unlocked this month. Investors must understand these events to navigate the market effectively. Below are the key unlocks and their potential impact.   Immutable ($IMX) - November 1 On November 1, Immutable released 32.47 million IMX tokens. This unlock represented 1.98% of the total supply, valued at $45.5 million. Immutable led in NFT and blockchain gaming, offering a platform that scaled without gas fees. This token release added substantial supply to the market. More tokens drove prices down as some investors sold their newly available tokens. However, this unlock also presented opportunities for investors looking to enter at a lower price. The token’s future depended on how the gaming and NFT sectors performed. If the demand for NFTs grew, the increased supply could be absorbed faster.     Read More: Top 7 Telegram Tap-to-Earn Crypto Games to Know in 2024   ZetaChain (ZETA) - November 1 On November 1, ZetaChain unlocked 53.89 million ZETA tokens. This accounted for 11.72% of the circulating supply, valued at $34.3 million. ZetaChain enabled seamless interaction between blockchains. The token unlock significantly increased supply. A larger supply often led to lower prices, especially in the short term. However, ZetaChain’s mission to unify isolated blockchain networks gave it an edge. Success depended on maintaining demand and expanding partnerships. If the project continued to build strong collaborations, the market impact could be minimized, and the added supply could find utility.       Sui ($SUI) - November 3 On November 3, Sui released 81.91 million SUI tokens. This equals 2.97% of its total supply, valued at $128.4 million. Sui is a high-speed Layer 1 blockchain that uses the Move programming language. This large token unlock may lead to a dip in price. The added supply will test the market's ability to absorb new tokens. Sui’s value lies in its focus on speed and scalability. If the blockchain continues to attract developers and users, it can handle the increased supply. The market will look at new partnerships and projects on Sui as indicators of its potential growth.     Read More: Top Sui Memecoins to Watch in 2024-25   Neon (NEON) - November 7 Neon will unlock 53.91 million NEON tokens on November 7. This represents a massive 93.43% of its total circulating supply, valued at $22.2 million. Neon builds Ethereum Virtual Machine (EVM) compatibility on Solana. This unlock will flood the market with almost the entire circulating supply. The potential for drastic price swings is high. Neon’s success depends on its ability to bridge the Ethereum and Solana ecosystems. If developers adopt Neon to bring dApps to Solana, the new supply could gain use. However, a lack of developer interest could lead to severe price drops. The project's growth hinges on increasing the number of applications and fostering developer trust.     Aptos (APT) - November 12 On November 12, Aptos will release 11.31 million APT tokens. This unlock represents 2.18% of the circulating supply, valued at $114 million. Former Meta engineers developed Aptos with technology from the Diem blockchain. Aptos focuses on scalability and security through advanced consensus mechanisms. The increase in available tokens could push prices lower as more holders may decide to sell. However, Aptos’s strong technology foundation may support market stability. The project's success will depend on building a thriving ecosystem of users and developers. Investors will look for adoption metrics and ongoing partnerships to gauge Aptos’s potential resilience.   The distribution of these tokens will be as follows:   Foundation: 1.33 million APT ($11.84 million) Community: 3.21 million APT ($28.51 million) Core contributors: 3.96 million APT ($35.15 million) Investors: 2.81 million APT ($24.93 million)   Starknet (STRK) - November 15 Starknet will release 64 million STRK tokens on November 15. This accounts for 3.3% of the circulating supply, valued at $24.8 million. Starknet is a Layer 2 scaling solution for Ethereum. It aims to improve Ethereum’s transaction speed and lower costs. According to their website , Starknet uses the power of STARK technology to ensure computational integrity. By validating off-chain transactions with advanced math and cryptography, Starknet overcomes Ethereum’s scalability limitations. Starknet is a Validity Rollup that provides unlimited scale while retaining Ethereum’s security and decentralization. The increased supply could lead to short-term selling pressure. However, Starknet’s value proposition as a scalability solution could help absorb this new supply. The project’s future relies on its ability to attract projects seeking cheaper and faster Ethereum transactions. The unlock will test Starknet’s adoption rate and whether users see it as a key component of Ethereum’s growth.     Arbitrum ($ARB) - November 16 Arbitrum will unlock 92.65 million ARB tokens on November 16. This release represents 2.33% of its total circulating supply, valued at $49.5 million. Arbitrum is one of the leading Layer 2 solutions for Ethereum. It aims to provide cheaper and faster transactions while maintaining Ethereum's security. The added supply could impact ARB’s price negatively if many holders decide to sell. However, Arbitrum’s large user base and ecosystem strength could help stabilize the market. According to their website, the Arbitrum Nitro Stack is designed to boost throughput, lower transaction costs, and achieve compatibility with Ethereum, all while upholding Arbitrum’s security standards. Nitro exists in two different variants, Arbitrum Rollup and Arbitrum AnyTrust.   The token’s performance will depend on ongoing user adoption and the number of projects using Arbitrum’s solutions. New partnerships and integration with dApps will be crucial to mitigating the impact of this unlock.    Team, future team, and advisors: 56.13 million ARB ($29.43 million) Investors: 36.52 million ARB ($19.15 million)   Polyhedra Network (ZKJ) - November 19 Polyhedra Network will unlock 17.22 million ZKJ tokens on November 19. This accounts for 28.52% of its circulating supply, valued at $19.8 million. Polyhedra focuses on privacy and security using zero-knowledge proof (ZKP) technology. According to their website, zkBridge uses zkSNARKs to enable a prover to efficiently convince the receiver chain that a certain state transition happened on the sender chain. zkBridge consists of a block header relay network and an updater contract. The result is that the updater contract maintains a light-client state. It automatically adds block headers of the sender chain once the associated proofs are verified, and updates the current main chain of the sender chain.This release will add a large number of tokens to the market. The increase could result in price drops as supply outpaces demand. Polyhedra’s success will depend on its ability to prove its worth in the privacy space. As privacy becomes more important to blockchain users, Polyhedra may see increased adoption. The market will watch for developments in its privacy solutions and partnerships with other blockchain projects.     Token Unlocks’ Impact on the Crypto Market These token unlocks will collectively release $2.6 billion worth of assets into the market. The increased supply will lead to selling pressure and likely cause short-term price drops. Projects like Sui, Aptos, and Neon will see the most dramatic impacts due to the size of their unlocks. Investors must monitor how well these projects manage the new supply. Projects like Arbitrum and Starknet, with strong user bases, may handle the supply increase better than others. The overall market could see increased volatility throughout November.   Token unlocks can also provide buying opportunities for investors looking for lower entry points. As supply increases, prices may dip, allowing for strategic accumulation. November will be a month of heightened activity in the crypto market. Investors should stay informed and adapt to the evolving conditions to manage risks effectively.   ARB Unlock. Source: Tokenomist   Conclusion November 2024 is a critical month for token unlocks. A total of $2.6 billion worth of crypto assets will enter the market. The influx of new tokens will increase supply and create downward price pressure, especially for IMX, NEON, and ARB. While this could cause temporary challenges, it also opens up opportunities for those ready to accumulate tokens at lower prices. Staying informed and prepared will be essential as the market reacts to these significant changes.

At 8:00 AM UTC+8, Bitcoin was priced at $69,203, showing a -0.86% decrease, while Ethereum stood at $2,476, down by -1.46%. The market's 24-hour long/short ratio in the futures market was almost balanced at 48.7% long versus 51.3% short positions. The Fear and Greed Index, which measures market sentiment, was at 74 yesterday, indicating Greed level and has decreased to 70 today, maintaining the crypto market at the Greed territory.    What’s Trending in the Crypto Community?  The U.S. will begin its 2024 presidential election on Tuesday, with major polls showing a close race between Trump and Harris. Tether's secured loans in reserves have reached a total of $6.72 billion, fully backed by liquid assets. Ethereum's net supply increased by 11,609 coins over the past seven days. On Polymarket, Trump's probability of being elected president dropped to 56.6%, while Harris's rose to 43.6%. U.S. Bitcoin spot ETFs saw a cumulative net inflow of $2.22 billion this week. Crypto Fear & Greed Index | Source: Alternative.me    Trending Tokens of the Day  Top 24-Hour Performers  Trading Pair  24H Change GRASS/USDT +9.29% GOAT/USDT +24.84% SUI/USDT +2.59%   Trade now on KuCoin   Read More: Bitcoin Prediction to $100K, GRASS Airdrop Sets Records, and Robinhood's Crypto Surge: Oct 31   The crypto market is buzzing with major developments. Traders and investors are preparing for a mix of heightened BTC and ETH volatility as election results loom, substantial token unlocks this month, and a surge in Peanut-themed memecoins on Solana. Each of these events holds the potential to significantly impact the market, making it crucial to understand the details and what might come next.   BTC and ETH Volatility Surge Ahead of Election Results BTC/USDT price chart | Source: KuCoin    Bitcoin and Ethereum are currently experiencing a surge in volatility, largely driven by uncertainty surrounding upcoming election results. Nick Forster, founder of Derive.xyz, reported that Bitcoin's forward volatility has jumped to 80.3%, compared to its previous level of 72.2%. Ethereum, too, saw its volatility rise, moving from 75.4% to 82.9%. This sharp increase points to traders adjusting their positions and hedging against potential impacts.   ETH/USDT price chart | Source: KuCoin   The upcoming election brings an elevated chance of significant price swings. Forster suggests a two-thirds probability of substantial price movements on election night, with Bitcoin's expected price range falling between -9% and +9.9%. Ethereum, meanwhile, is expected to move within a slightly broader range of -9.3% to +10.2%. These anticipated fluctuations are signs of increased market risk, but they also suggest opportunities for those prepared to navigate the volatility.   Despite the potential for rapid price changes, market sentiment appears to lean bullish. The total open interest for BTC call options stands at 1,179 contracts, compared to 885 contracts for put options. This implies that many traders are hopeful for a positive outcome once the election dust settles. The choices traders are making show confidence, at least for now, that any political outcomes may ultimately have a favorable influence on crypto.   $2.6 Billion in Tokens Set to Unlock in November November is a crucial month for the release of locked crypto assets, with a staggering $2.68 billion in tokens set to be unlocked, as reported by Tokenomist. This includes over $900 million that will be released at once, often called a "cliff unlock," while around $1.7 billion will be gradually unlocked throughout the month.   Unlock progress for the MEME token | Source: Tokenomist   Token unlocks are significant because they can create substantial pressure on token prices, especially when large quantities hit the market. Notable projects releasing tokens this month include Memecoin (MEME), Aptos (APT), Arbitrum (ARB), and Avalanche (AVAX). Memecoin alone will see 3.45 billion tokens unlocked, with an estimated value of $37.8 million. These releases come in two forms: cliff unlocks and linear daily releases of over 10 million tokens, worth approximately $117,000 each day. This influx of supply could lead to price swings, especially as Memecoin's price remains 81% below its peak earlier this year.   Arbitrum, a well-known Ethereum layer-2 solution, will also release a significant amount—92.65 million tokens worth $45 million. These tokens are allocated to early investors, team members, and advisors. This follows Arbitrum’s substantial release back in March, when they unlocked $2.32 billion worth of tokens. These kinds of releases can impact token price if supply exceeds current market demand, especially if early holders choose to cash out.   The token unlocks could bring a ripple effect throughout the market. An increase in available supply may create downward pressure on prices, but it also provides an opportunity for those looking to accumulate tokens at a discount. Investors will need to monitor how these releases play out and whether new demand will be sufficient to offset the increased supply.   Peanut Memecoins Stir Up Solana DeFi Markets Peanut the Squirrel memecoins on Solana. Source: Dexscreener   The DeFi market, especially on Solana, has seen a new frenzy sparked by an unusual character—a squirrel named "Peanut." This viral sensation has inspired memecoin creators to flood the market with Peanut-themed tokens, resulting in eye-catching price action and notable market activity.   Peanut's unexpected rise in popularity led to the creation of several Peanut-themed tokens on the Solana network. Among them, "Peanut the Squirrel" (PNUT) has made a particularly large impact, recording a trading volume of nearly $300 million and over 200,000 transactions. PNUT's market capitalization reached a peak of $120 million, though it has since corrected and currently stands at $100 million. The trading volume and rapid price changes indicate the appeal of these kinds of niche, culture-driven tokens that tend to gain popularity overnight.   Another Peanut-themed token achieved a market cap of $80 million with trading volume surpassing $110 million. This shows that the trend is not limited to one blockchain and suggests that the appeal of memecoins remains strong, especially those tied to pop culture or viral stories.   Adding to this memecoin frenzy, a raccoon-themed token—based on Peanut’s raccoon companion—also entered the scene. Named "First Convicted Raccoon" (FRED), the token recorded nearly 150,000 transactions and a trading volume of $83 million, though its market cap was only $8.2 million. Despite being smaller in scale, FRED’s rapid traction highlights how quickly meme-driven projects can capture the market’s attention, even if their long-term viability remains questionable.   These memecoins are more than just hype—they provide a reflection of how quickly narratives can drive market action in the crypto world. While most of these tokens may not hold long-term value, they represent the speculative aspect of DeFi, where community, pop culture, and fun play significant roles.   Read more: Top Solana Memecoins to Watch in 2024   Conclusion The crypto market is in a phase of high activity and uncertainty. Volatility is increasing for major assets like BTC and ETH due to upcoming election results, and billions in tokens are set to unlock throughout November, which could create both opportunities and risks for investors. Meanwhile, the rise of Peanut-themed memecoins on Solana shows that the speculative, culture-driven aspect of crypto remains alive and well.   For traders and investors, staying on top of these dynamic developments is essential. Each event—the election, token unlocks, and the memecoin craze—has the potential to shift market conditions rapidly. As always in crypto, being prepared and informed is the key to navigating these unpredictable waters.

Get ready for an exciting month in crypto! November 2024 is packed with airdrop opportunities, including MemeFi, PiggyPiggy, and more. Learn how to participate, boost your earnings, and stay ahead in this comprehensive guide to the biggest crypto events of the year.   Introduction November 2024 is shaping up to be an exciting month for crypto enthusiasts, with multiple airdrop and TGE events offering unique opportunities to earn valuable tokens from the biggest telegram games this year including MemeFi, PiggyPiggy, and more. These airdrops provide a way for users to get involved early in promising projects, benefiting from both community engagement and potential future token value. With millions already diving into its play-to-earn games, the upcoming launch of these November airdrops are making moves in the Telegram community. In this article, we'll break down everything you need to know about the upcoming airdrops and how you can participate.   What Is a Token Generation Event (TGE)?  A Token Generation Event (TGE) is a short-term business and technical process that involves creating a token on a blockchain network and launching it to the market, typically through a public sale, private sale, or initial coin offering (ICO).   Read More: What Is Crypto Pre-Market and How Does It Work?   Why Airdrops and TGEs Matter for Crypto Traders and Investors Staying informed about token listings, TGEs, and airdrops provides several benefits: Price Movements: Listings and TGEs often result in sharp price changes. Knowing these dates helps you position advantageously. Early Adoption: Airdrops and TGEs offer early access to tokens that may appreciate in value. Airdrops and Rewards: Timely participation can yield additional benefits, boosting your overall investment returns.   1. MemeFi’s Token Generation Event (TGE) and Airdrop (November 12, 2024) Source: MemeFi Telegram MemeFi is a Web3 social gaming platform with player-versus-environment (PvE) and player-versus-player (PvP) mechanics. It operates in meme culture, letting players complete tasks like meme-themed battles, raids, and social tasks to earn rewards. The platform has built an active 27 million player base through its tap-to-earn game on Telegram as of Oct. 2024. Users engage in simple gameplay while accumulating virtual currency and tokens.   MemeFi also offers a web-based experience across a virtual world map. Users complete missions and tasks, blending entertainment and financial engagement. The platform has a strong in-game economy driving its growth.   The MemeFi TGE is now set for November 12, 2024, when the $MEMEFI token will be listed on six top-tier centralized exchanges, with a seventh pending confirmation. MemeFi’s token distribution model remains the same, with 90% of the total supply allocated to community rewards, but the listing has been delayed to ensure the best launch environment. The team is focusing on ecosystem alignment and exchange partnerships to deliver the best possible outcome for users.   The airdrop will occur on Sui, a layer-1 blockchain network with high scalability and low transaction fees Users will soon gain access to a public airdrop checker to verify their eligibility.    Updated MemeFi Airdrop and Token Launch Timeline November 6, 2024: Final snapshot of player activity to determine airdrop eligibility. November 8, 2024: Final airdrop allocation data released, based on the snapshot. November 12, 2024: MEMEFI token officially launches on Sui, with on-chain claim availability.   MemeFi Tokenomics  Total Supply: Fixed at 10 billion tokens. Community Rewards (90%): The majority of the tokens—90%—reward the community. Telegram Users (85%): Set aside for users earning tokens through gameplay, completing tasks, and participating in social activities. Web3 Community (5%): Allocated for contributions through testnet participation, NFT holdings, and other early adopter roles. Liquidity and Listings (5.5%): Reserved for liquidity and centralized exchange (CEX) listings. Strategic Partnerships and Early Adopters (3%): Allocated to partners and early adopters who helped grow the platform. Seed Investors (1.5%): Dedicated to initial investors who supported MemeFi during its early development.   Source: X   Get Early Access: MEMEFI Token Available for Pre-Market Trading on KuCoin   The MEMEFI token, core to the MemeFi ecosystem, is now open for pre-market trading on KuCoin. This early access lets users trade MEMEFI before its official spot trading launch, offering a chance to secure tokens ahead of broader availability. Start trading MEMEFI today and get ahead on KuCoin!   Read More: MemeFi Airdrop: Eligibility, Tokenomics, and Key Details Before November 12 Token Launch     2. Piggy Piggy Airdrop (Listing on November 12, 2024 and Airdrop in Q4)   The PiggyPiggy token ($PGC) is the in-game crypto that powers the entire PiggyPiggy game ecosystem. Players earn PiggyPiggy tokens by participating in various activities within the Telegram-based game, including completing tasks, playing mini-games, and engaging in social interactions. Piggy Piggy is known for its fun and gamified approach to decentralized finance, and it’s gearing up for a token listing on November 12, 2024. With its cute branding and playful interface, Piggy Piggy has been attracting significant attention, particularly from younger, tech-savvy investors. The upcoming listing offers an excellent opportunity for early adopters to gain exposure to this whimsical yet promising project. PiggyPiggy emphasizes community engagement and ecosystem growth with the following token allocation:   65%: Community Rewards (Airdrops, Salaries, Bonuses). 35%: Game Development, Liquidity, Airdrops, and Launch Pool.   All tokens will be unlocked at the TGE, ensuring liquidity and immediate rewards for active participants. More detailed tokenomics will be shared in the coming weeks. The Piggy Piggy airdrop was confirmed on October 17, 2024 on X. Stay tuned to KuCoin news for the updated airdrop details and dates in the upcoming weeks. Source: X   PiggyPiggy Tokenomics PiggyPiggy emphasizes community engagement and ecosystem growth with the following token allocation: 65%: Community Rewards (Airdrops, Salaries, Bonuses). 35%: Game Development, Liquidity, Airdrops, and Launch Pool. All tokens will be unlocked at the TGE, ensuring liquidity and immediate rewards for active participants. More detailed tokenomics will be shared in the coming weeks.   Source: PiggyPiggy on Telegram    Read More:  PiggyPiggy Listing Set for November 12: $PGC Airdrop Coming Soon Early Access Alert: PiggyPiggy Token Now Live for Pre-Market Trading on KuCoin   The PiggyPiggy token, the heart of the PiggyPiggy ecosystem, is now available for pre-market trading on KuCoin. This early trading opportunity lets users get in before the official spot launch, providing a head start to secure PiggyPiggy tokens before the wider market does. Start trading PiggyPiggy on KuCoin today!   Read more: PiggyPiggy (PGC) Project Report   3. Not Pixel Airdrop (November 2024) Source: X   Not Pixel, an NFT-based game, will launch an airdrop allowing players to earn tokens by completing various tasks in the game. Not Pixel (also known as Notpixel) is a Telegram bot and game from the creators of Notcoin. It introduces a new tap-to-earn experience. Users mine colors and paint or repaint on a shared digital canvas. By painting and completing tasks, players earn PX points. These points may convert into tokens once the project TGE (Token Generation Event) happens.   Key Features of Not Pixel Created by the team behind Notcoin Potential for big rewards, similar to Notcoin's success Play-to-earn mechanics through painting and task completion How to Play and Earn in Not Pixel Not Pixel offers a simple and rewarding experience. Users tap to find colors and use them to paint on a shared canvas. Completing tasks and painting earns PX points. These points could become more valuable through an airdrop when the team releases more project details.   This project stands out due to its innovative use of NFTs, creating an engaging gaming experience that blends entertainment with real crypto rewards. Early participants will have the opportunity to benefit from the game's unique mechanics, which could make these tokens highly valuable as the game's popularity grows. Not Pixel’s strong focus on interactive tasks makes it an ideal choice for users who enjoy combining gaming with crypto rewards.   Not Pixel Airdrop Listing Date and PX Token Launch Important Update: The PX token launch is scheduled for November 2024. Key points to remember: PX tokens will be officially launched in November 2024 Exact date within November is still to be announced Stay tuned to official Not Pixel channels for specific launch details 4. Lost Dogs Airdrop (Q4 2024) The Lost Dogs game is a groundbreaking blend of NFTs, interactive storytelling, and community collaboration. With the final chapter fast approaching, now is the perfect time to join the Lost Dogs adventure. Lost Dogs will hold an airdrop for users participating in its Telegram community in Q4. By following the instructions provided in the group, players can claim tokens and become part of a growing community focused on a fun, pet-themed adventure. The game's narrative-driven approach and community engagement make it an appealing choice for users looking to earn crypto while enjoying interactive gameplay. Lost Dogs also features exciting tasks that are designed to keep players engaged, making the token rewards even more enticing.   Lost Dogs isn’t just another NFT project—it’s a revolution in the NFT space. As the first mergeable NFT collection on TON, it offers 2,222 uniquely generated NFTs, each with its own flair and personality. But Lost Dogs has gone beyond static art, blending these NFTs with an immersive game accessible via a Telegram mini-app. Within days, the game attracted a massive player base, eager to participate.   This is no ordinary clicker game; it’s a community-driven adventure where players actively shape the storyline. As you dive deeper into the game, you’ll mine $WOOF tokens and earn $NOT along the way, making decisions that impact the future of the Lost Dogs universe.   Source: X    How to Join the Lost Dogs Airdrop: Step-by-Step Guide Here’s how you can participate in the Lost Dogs airdrop campaign:  Get Started: Launch the Lost Dogs: The Way Telegram bot before September 12th to begin your adventure. Log In Daily: Accumulate $WOOF and $NOT tokens by logging in each day. Vote: Vote on key daily decisions and team up with other players to steer the story. Swap and Connect: Swap BONES for $NOT, and be sure to link your TON Wallet to start earning. Choose Your TON Wallet: You can select either the TON @Wallet or Tonkeeper. For this tutorial, we'll use the Tonkeeper Wallet. Connect Your Wallet: Click on “Connect Wallet.” A prompt will appear, confirming that the app won't move funds without your permission. Verify the Connection: Wait for the wallet to load and confirm that it has been connected. A confirmation message should appear, indicating that your wallet is linked successfully. Join the Lost Dogs Telegram Channel: Ensure you are a member of the Lost Dogs Telegram channel to receive updates on new tasks and airdrop information. Be cautious when linking your wallet. Ensure you are using the official Lost Dogs Telegram bot. Do not share your private keys or passwords with anyone. Only follow instructions from trusted sources.   The DOGS token, the native token of the Lost Dog's play-to-earn game, is now available for trading on KuCoin. Users can now buy and sell DOGS, diving into the opportunities this token offers within the Lost Dog's ecosystem.    5. Major Token Generation Event (TGE) (Q4 2024) Source: X   The Major project is preparing for its Token Generation Event (TGE) in Q4 2024. While specific details remain scarce, this TGE represents an important moment for early adopters and investors. Participating in the TGE offers the chance to gain early access to tokens that could appreciate in value as the project gains traction in the market. MAJOR, a play-to-earn platform, will launch its airdrop in early November. Players can complete missions to earn tokens, which will become tradable after the official listing.   Source: X   Major Tokenomics According to Official X Account 80% for Community 60% goes to the current players, no locks 20% goes for the future community incentives, farming and new phases. 20% Marketing and Development: Allocated for the marketing activities, liquidity and future development, with the major portion subject to a 10-month vesting period.   Source: X   According to the announcement, 80% of the tokens will be distributed to current players and the community without any restrictions, allowing them immediate access to their rewards.   An additional 20% is set aside for future rewards, such as farming and game updates, to maintain player engagement – namely marketing and development.   6. TON Station Massive Airdrop and TGE: Exciting $SOON Airdrop (End of November 2024) TON Station has announced an exciting new airdrop to the crypto community at the end of November. The anticipation is building as the platform is growing by the day. TON Station is a decentralized platform specializing in exclusive airdrops via Telegram. According to their official X account, TON Station’s main objective is to become a premium game distribution platform, offering exclusive games, top-notch content, and airdrops from Web3 gaming leaders. It also aims to be a top SocialFi platform, featuring seasonal content with unique rewards and more.   By engaging in different activities, users earn rewards in cryptocurrency, making it an easy entry point into digital assets. The platform has gained popularity for simplifying access to crypto and helping newcomers engage without complex technical hurdles.   This is more than an airdrop and TGE—it represents a key effort to make crypto accessible to a wider audience. Here’s what this partnership aims to achieve: Attract New Users: The airdrop will attract a new wave of participants to the platform. Increase Engagement: It will foster stronger interaction within Telegram’s crypto communities. Boost Liquidity: TON Station’s TGE aims to boost their liquidity right after the event. TON Station is looking to establish themselves more firmly within the evolving DeFi ecosystem. The upcoming TGE and airdrop is looking to establish greater involvement in decentralized finance, creating lasting impacts and driving user engagement with TON Station.   TON Station’s massive TGE marks a significant step in bringing more users into decentralized finance. Stay tuned to KuCoin for further announcements—exciting days lie ahead as TON Station continues to push the boundaries of what's possible in the blockchain world.   Read More: What Is TON Station Telegram Game and How to Claim the $SOON Airdrop?   Source: X   Conclusion November 2024 promises an array of exciting opportunities for those looking to engage with new crypto projects through airdrops and token listings. These events provide unique chances to earn valuable rewards, get involved in promising ecosystems, and benefit from early adoption. Staying informed and ready for these airdrops can give you a significant edge in navigating the fast-paced world of cryptocurrency. Keep an eye on these dates and make the most of the opportunities ahead with KuCoin.   Read more: October’s Top Crypto Airdrops: X Empire, TapSwap & MemeFi and More