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TapSwap Daily Video Codes on November 27, 2024
TapSwap, a leading Telegram-based game, engages almost 7 million monthly active users with daily opportunities to earn valuable rewards. Players can collect 400,000 coins per task by entering secret video codes, boosting their in-game earnings and preparing for the much-anticipated TapSwap airdrop and Token Generation Event (TGE) set for Q4 2024. Quick Take Earn up to 400,000 coins daily by completing each video task. Use today’s video codes to maximize your rewards. TapSwap introduces a skill-based gaming platform with $TAPS token rewards, shifting away from traditional tap-to-earn games. The platform’s sustainability model emphasizes rewarding skill over chance, ensuring long-term engagement. TapSwap Secret Video Codes Today, November 27 Unlock up to 2.4 million coins by using the following video codes in today’s TapSwap tasks: BlackRock & OCCAnswer: LM$?q Fan Token Secrets Part 1Answer: g=%EV Stake Ethereum With Lido | Part 3Answer: 2MoP0 LinkedIn ProfileAnswer: mnws Escape Rooms For Big ProfitsAnswer: hgr8 Scale Your UGC BusinessAnswer: 5e4r Earn 2.4M TapSwap Coins with Secret Video Codes Daily Open the TapSwap Telegram mini-app. Navigate to the “Task” section and select “Cinema” to access video tasks. Watch each video and enter the secret codes in the designated fields. Click “Finish Mission” to claim your rewards. TapSwap’s Updated Skill-Based Gaming Platform TapSwap is revolutionizing Web3 gaming by rewarding players for their skills rather than relying on chance or pay-to-win mechanics. Using its native token, TAPS, the platform offers a fair and transparent monetization system where players can compete in skill-based games by paying a token entry fee. The upcoming Token Generation Event (TGE) will further enhance earning opportunities. TapSwap’s user-friendly interface includes features like games, leaderboards, and achievements. To help players improve, the platform also offers a training mode that allows users to practice without financial risk. Initially focusing on proprietary games, TapSwap plans to onboard third-party developers by 2025, introducing a profit-sharing model to ensure a steady flow of high-quality content while fostering a thriving ecosystem. Drawing inspiration from Web2 platforms like Skillz, which has 3.2 million monthly users, TapSwap aims to achieve 5 million monthly active users and $500 million in projected revenue. With over 6 million social media followers, the TapSwap community is growing rapidly, demonstrating strong interest as the platform approaches key milestones. Led by founder Naz Ventura, the team has worked to stabilize the TAPS token value, addressing issues of volatility seen in traditional tap-to-earn models. By prioritizing skill-based monetization and sustainability, TapSwap is building a loyal, engaged player base while redefining the gaming landscape. Conclusion TapSwap’s Web3 platform is a game-changer, combining skill-based rewards with a developer-friendly ecosystem. Its innovative approach drives sustainable growth, rewarding players for their abilities rather than relying on chance. With the TGE on the horizon and daily opportunities for engagement, TapSwap stands out as a leader in the Web3 gaming space. Stay connected for updates and join the vibrant community to help redefine the future of gaming! Read more: TapSwap Daily Video Codes for November 26, 2024
Bitcoin ETFs Drive $3.1B Weekly Inflows, Pantera Forecasts $740K BTC by 2028, and Rumors of a Solana ETF: Nov 27
Bitcoin is currently priced at $91,958 with -1.12% decrease from the last 24 hours, while Ethereum is at $3,324, down by -2.64% in the past 24 hours. The market's 24-hour long/short ratio in the futures market was almost balanced at 48.8% long versus 51.2% short positions. The Fear and Greed Index, which measures market sentiment, was at 82 yesterday and is at the Greed level at 75 today. Last week, Bitcoin ETFs recorded $3.13 billion in net inflows marking the highest weekly figure ever. At the same time Solana’s decentralized exchange (DEX) transaction volume surpassed $109.8 billion in November. Solana’s price is up 160% since January 2024 and a Solana ETF is on the horizon. These developments highlight the rising influence of blockchain technology in reshaping global financial systems. What’s Trending in the Crypto Community? Pump.fun accounted for over 62% of Solana ecosystem DEX trading volume in November. Justin Sun joins Trump's family project WLFI as an advisor. Ripple donates $25 million to Fairshake PAC ahead of US midterm elections Dan Morehead, founder of Pantera Capital predicts Bitcoin could reach $740,000 by April 2028. Crypto Fear & Greed Index | Source: Alternative.me Trending Tokens of the Day Top 24-Hour Performers Trading Pair 24H Change ZEC/USDT +15.38% FTM/USDT +15.06% ALGO/USDT +13.94% Trade now on KuCoin Read More: Bitcoin Price Prediction 2024-25: Plan B Forecasts BTC at $1 Million by 2025 Bitcoin ETFs Drive Unprecedented Weekly Inflows of $3.13 Billion Source: CoinShares Bitcoin ETFs reached $3.13 billion in weekly net inflows according to CoinShares. This marked the seventh consecutive week of positive inflows. Year-to-date crypto funds have attracted $37 billion which is over 119 times more than the $309 million achieved by U.S. gold ETFs in their first year. Total assets under management for crypto products reached $153.3 billion representing the highest level in history. Bitcoin-focused funds accounted for $3 billion of the total inflows. U.S.-based spot Bitcoin ETFs dominated with $3.38 billion in weekly inflows. BlackRock’s IBIT product contributed $2.05 billion reinforcing its role as a key driver of institutional crypto investment. Short-bitcoin products saw $10 million in inflows last week pushing monthly totals to $58 million. This marks the highest monthly figure for short-bitcoin products since August 2022 showing growing interest in hedging strategies amidst price volatility. Source: The Block Solana Surpasses $109.8 Billion Monthly DEX Volume Solana’s Monthly Dex Volume Source: DefiLlama Solana achieved a new milestone in November recording $109.8 billion in decentralized exchange transaction volume. This figure more than doubled October’s $52.5 billion showcasing Solana’s scalability and efficiency as a blockchain platform. Memecoin activity played a key role in this growth. Solana platforms like Raydium and Pump.fun generated $71.5 million and $182 million in fees during November. Solana processes $53 million in daily transactions far surpassing most other blockchains which average less than $5 million in daily activity. Solana’s total market cap reached $90 billion this month with its native token SOL trading as high as $264 before settling below $240. Analysts predict that Solana’s expanding decentralized finance ecosystem and potential ETF approval could push its value higher while driving more institutional and retail adoption. Read more: Top Decentralized Exchanges (DEXs) in the Solana Ecosystem Solana’s Price Up 300% Since January 2024 Solana has smashed records with a 24% price surge over the past week and a staggering 300% rise since the start of the year. It now holds a $123 billion market cap which is about 4% of the total crypto market. Last week alone Solana handled over $40 billion in transactions more than doubling its previous weekly record of $17.5 billion set in March. Active users on Solana have increased over 1,500% from the beginning of the year while new daily addresses have grown eleven-fold in the same period. Analysts believe Solana could hit $700 especially with a potential ETF approval on the horizon. Source: 1 Year SOL Chart KuCoin Spot Solana ETF on the Horizon? Geoffrey Kendrick from Standard Chartered highlights that the chances of a Solana ETF approval have risen sharply with Republicans securing the White House Congress and Senate. President-elect Donald Trump’s pro-crypto stance has injected fresh confidence into the market with promises of industry-friendly policies. Solana’s ecosystem has also benefited from a surge in memecoin activity with traders fueling massive transaction volumes despite these tokens lacking intrinsic value. Platforms like Raydium contributed $71.5 million in fees during November while Solana processed $53 million in daily transactions far outpacing blockchains that average less than $5 million daily. These remarkable numbers underscore Solana’s scalability efficiency and growing potential to challenge Ethereum’s dominance in the blockchain space. Read more: All About CHILLGUY, the Viral TikTok Memecoin Surging Over 6,000% to a $700M+ Market Cap Pantera Founder Predicts Bitcoin Reaching $740,000 by 2028 Source: BTC 1 Year Chart KuCoin Dan Morehead, founder of Pantera Capital predicts Bitcoin could reach $740,000 by April 2028. This forecast is based on Bitcoin’s compounded annual growth rate of 88 percent since Pantera launched its Bitcoin Fund in 2013. The fund has delivered a lifetime return of 131,165 percent underscoring Bitcoin’s transformative potential. At $740,000 Bitcoin’s market cap would rise to $15 trillion placing it among the largest financial markets globally. Morehead argues this is achievable within the $500 trillion global financial asset pool. He credits Bitcoin’s rally to improving regulatory clarity and the pro-blockchain stance of President-elect Donald Trump. Morehead emphasizes Bitcoin’s consistent growth trajectory nearly doubling in price every year since its inception. With increasing institutional adoption and growing acceptance Bitcoin continues to position itself as a key driver of global financial innovation. Conclusion The cryptocurrency market is advancing rapidly. Bitcoin’s dominance in investment products attracted $3.13 billion in net inflows last week reflecting its status as a digital store of wealth. Solana’s $109.8 billion monthly DEX volume demonstrates its strength in decentralized finance and high-efficiency transactions. Solana’s rapid expansion in decentralized finance showcases its ability to process massive transaction volumes while providing low fees and high-speed scalability. With the strong technical fundamentals and growing expansion of its ecosystem, it might not be far away to reach the next target of $300. However, always do your own research and assess your risk tolerance before making any investment decisions, as the crypto market remains highly volatile.
TapSwap Daily Video Codes Today November 26, 2024
TapSwap, a leading Telegram-based game, engages almost 7 million monthly active users with daily opportunities to earn valuable rewards. Players can collect 400,000 coins per task by entering secret video codes, boosting their in-game earnings and preparing for the much-anticipated TapSwap airdrop and Token Generation Event (TGE) set for Q4 2024. Quick Take Earn up to 400,000 coins daily by completing each video task. Use today’s video codes to maximize your rewards. TapSwap introduces a skill-based gaming platform with $TAPS token rewards, shifting away from traditional tap-to-earn games. The platform’s sustainability model emphasizes rewarding skill over chance, ensuring long-term engagement. TapSwap Secret Video Codes Today, November 26 Unlock up to 2.4 million coins by using the following video codes in today’s TapSwap tasks: Fan Tokens | Part 1Answer: kK7&T ETH Staking | Part 5Answer: Pm)(% Stake Ethereum With Lido | Part 2Answer: 1xSwR Full-Time Income StreamAnswer: 1nne Passive Income With UGCAnswer: 94sb Whispering SkillsAnswer: w7ip Earn 2.4M TapSwap Coins with Secret Video Codes Daily Open the TapSwap Telegram mini-app. Navigate to the “Task” section and select “Cinema” to access video tasks. Watch each video and enter the secret codes in the designated fields. Click “Finish Mission” to claim your rewards. TapSwap’s Updated Skill-Based Gaming Platform TapSwap is revolutionizing Web3 gaming by rewarding players for their skills rather than relying on chance or pay-to-win mechanics. Using its native token, TAPS, the platform offers a fair and transparent monetization system where players can compete in skill-based games by paying a token entry fee. The upcoming Token Generation Event (TGE) will further enhance earning opportunities. TapSwap’s user-friendly interface includes features like games, leaderboards, and achievements. To help players improve, the platform also offers a training mode that allows users to practice without financial risk. Initially focusing on proprietary games, TapSwap plans to onboard third-party developers by 2025, introducing a profit-sharing model to ensure a steady flow of high-quality content while fostering a thriving ecosystem. Drawing inspiration from Web2 platforms like Skillz, which has 3.2 million monthly users, TapSwap aims to achieve 5 million monthly active users and $500 million in projected revenue. With over 6 million social media followers, the TapSwap community is growing rapidly, demonstrating strong interest as the platform approaches key milestones. Led by founder Naz Ventura, the team has worked to stabilize the TAPS token value, addressing issues of volatility seen in traditional tap-to-earn models. By prioritizing skill-based monetization and sustainability, TapSwap is building a loyal, engaged player base while redefining the gaming landscape. Conclusion TapSwap’s Web3 platform is a game-changer, combining skill-based rewards with a developer-friendly ecosystem. Its innovative approach drives sustainable growth, rewarding players for their abilities rather than relying on chance. With the TGE on the horizon and daily opportunities for engagement, TapSwap stands out as a leader in the Web3 gaming space. Stay connected for updates and join the vibrant community to help redefine the future of gaming! Read more: TapSwap Daily Video Codes for November 25, 2024
Raydium (RAY) Surges 70% as It Dominates Solana’s DeFi Landscape
Raydium (RAY), Solana's largest decentralized exchange (DEX), is making waves in the crypto market. With its price surging nearly 70% in the past 30 days, Raydium is trading at approximately $5.44 as of writing, showcasing significant momentum in Solana’s DeFi ecosystem. Quick Take Raydium's price rose from $1.50 to over $5.49, with a recent peak at $6.45 touched on November 25. The Raydium protocol captures 67% of Solana's DEX volume, highlighting its robust utility. Raydium's total value locked (TVL) now stands at $2.37 billion, up 42% in a month. The 24-hour daily revenue reached $438,000 as of writing, with protocol fee revenue peaking at $15.14 million. What’s Driving RAY's Momentum in the Crypto Market? Solana’s TVL and volume | Source: DefiLlama Raydium is Solana's leading DEX, capturing over 63% of weekly trading volume in November. Its 30-day trading volume stands at $78 billion, a testament to its pivotal role in the Solana ecosystem. Solana hit $109.8 billion in monthly DEX volume, surpassing Ethereum’s $55 billion. This growth is driven by Raydium’s performance and the ongoing meme token frenzy powered by Pump.fun memecoin launchpad. Low transaction fees and fast execution make Solana the chain of choice for traders. Raydium's price chart shows a breakout from a symmetrical triangle, signaling strong bullish momentum. Analysts highlight key support levels between $4.00 and $4.50, with resistance around $7.00. Last week, Raydium's daily fee revenue surpassed Tether, ranking first across the Solana ecosystem. This milestone underscores the platform's growing adoption and solid fundamentals. Read more: Top Decentralized Exchanges (DEXs) in the Solana Ecosystem Raydium’s Impact on the Solana Ecosystem Raydium’s TVL | Source: DefiLlama Solana processed over 54.6 million transactions per day, far outpacing Ethereum. With lower fees and scalability, Solana attracts retail and institutional traders alike. Active addresses hit a record 25 million in November. The meme token frenzy continues to fuel Solana’s growth. Over 77,000 token projects launched on Solana in November, with Raydium at the center of this activity. This influx of projects strengthens Raydium’s position as a go-to platform. While Uniswap retains a higher daily trading volume, Raydium is narrowing the gap. Its reactive trading pairs and robust ecosystem are pulling liquidity and users from other chains. Read more: Solana vs. Ethereum: Which Is Better in 2024? Raydium Price Prediction: Market Outlook for RAY RAY/USDT price chart | Source: KuCoin If Raydium maintains its current momentum, a price breakout above $7.00 is possible. Its utility within Solana’s ecosystem positions it as a key player in the DeFi sector. The expanding adoption of Solana DEXs, coupled with Raydium's revenue-generating capabilities, supports a strong growth trajectory. Conclusion Raydium’s rapid rise underscores the synergy between Solana’s scalability and the utility of its leading DEX. With increasing adoption, record-breaking volumes, and growing revenues, Raydium has positioned itself as a significant player in the decentralized finance space. However, investors should remain cautious, as the crypto market is inherently volatile. External factors, including shifts in market sentiment and competition from other platforms, may impact Raydium’s performance. As the Solana ecosystem evolves with innovation and community support, it is essential to evaluate the risks alongside the opportunities.
Solana DEX Volume Hits a Record High of $109.8 Billion, Justin Sun Invests $30 Million in WLFI, Altcoins Soar as Bitcoin Nears $100,000: Nov 26
Bitcoin is currently priced at $92,999 with -5.00% decrease from the last 24 hours, while Ethereum is at $3,414, up by +1.60% in the past 24 hours. The market's 24-hour long/short ratio in the futures market was almost balanced at 48.2% long versus 51.8% short positions. The Fear and Greed Index, which measures market sentiment, was at 80 yesterday and maintains the Extreme Greed level at 79 today. The crypto market is heating up as Solana’s DEX volume smashed records at $109.8 billion and SOL is now pushing toward $300. Justin Sun shook the market with a $30 million investment in Trump-backed WLFI. Bitcoin’s climb toward $100000 has ignited a massive altcoin rally. Key players in the altcoin space like Cardano, Stellar, and Kusama are surging. What’s Trending in the Crypto Community? MicroStrategy acquired 55,500 Bitcoins for approximately $5.4 billion between November 18 and 24, at an average price of $97,862 per coin. Pump.fun surpasses Tether for the first time, becoming the highest revenue protocol in 24 hours. Ethereum blockchain regains dominance in USDT supply, surpassing Tron for the first time since 2022. Justin Sun invests $30 million in Trump's crypto project WLFI. Crypto Fear & Greed Index | Source: Alternative.me Trending Tokens of the Day Top 24-Hour Performers Trading Pair 24H Change LDO/USDT +12.69% ARB/USDT +7.33% AAVE/USDT +7.27% Trade now on KuCoin Read More: Bitcoin Price Prediction 2024-25: Plan B Forecasts BTC at $1 Million by 2025 Solana DEX Volume Hits Record High. Is SOL Price Headed to $300? Solana is dominating the blockchain space. Its decentralized exchange volume has smashed records while its native token SOL is surging. This remarkable achievement has cemented Solana’s dominance and driven its native token SOL to new heights. As Solana continues to outperform other chains in metrics and adoption its price trajectory suggests a climb to $300 is within reach. Solana's rise in activity and technical strength could push SOL to $300. Monthly DEX volumes, comparing chains. Source: DefiLlama Solana's DEX Trading Volume Smashes $100 Billion Milestone Solana’s decentralized exchange trading volume has exploded this month. Data from DefiLlama shows the network reached $109.8 billion in DEX volume by November 25, 2024. This is a 109 percent increase from October's $52.5 billion. Ethereum in comparison only hit $55 billion during the same period. Solana’s daily DEX volume peaked at $7.14 billion on November 18 while weekly volumes reached a record-breaking $41.6 billion by November 17. The last time Solana approached these levels was in March when monthly trading volume topped $59.8 billion. Low transaction costs, fast processing speeds and a resurgence in memecoin activity are driving this surge. Read more: All About CHILLGUY, the Viral TikTok Memecoin Surging Over 6,000% to a $700M+ Market Cap Strong On-Chain Metrics Bolster Solana’s Dominance On-chain metrics paint an even stronger picture for Solana. Active addresses on the network reached nearly 25 million in November according to Glassnode data. Platforms like Pump.fun and Raydium DEX have become significant contributors to this growth generating $71.5 million and $182 million in monthly fees respectively. Solana’s ecosystem has become a hotspot for users seeking speed and efficiency. Crypto analyst Aylo has noted Solana’s dominance in DEX volume stating that it now represents 29.5 percent of Ethereum's market capitalization. Solana’s user activity and ecosystem expansion continue to push its metrics to new highs. Solana: number of active addresses. Source: Glassnode SOL Price Targets $300 SOL surged 61.5% since November 5 reaching $263 on November 22. The rally aligns with broader market optimism after President-elect Donald Trump’s victory and Bitcoin's approach to $100,000. Technically SOL has broken out of a rounded bottom pattern. This setup targets $300 which is a 19 % increase from the current price. The Relative Strength Index (RSI) is at 70 indicating bullish conditions though overbought signals could trigger a pullback to $200. SOL/USD weekly chart. Source: TradingView Justin Sun Invests $30 Million in Trump-Backed Blockchain Project WLFI Source: World Liberty Financial Tron founder Justin Sun invested $30 million in World Liberty Financial (WLFI) on November 25, 2024. Backed by the Trump administration, WLFI aims to drive mass adoption of US-dollar stablecoins. Sun’s investment makes Tron the largest backer of the project which has partnered with Aave to create applications for stablecoin use cases. Despite raising $51 million so far WLFI has not yet reached its $300 million fundraising goal. The project focuses on ensuring the US dollar remains the global settlement layer. WLFI plans to use Aave to develop applications for stablecoins to keep the US dollar as the global settlement layer. Despite raising $51 million it has fallen short of its $300 million goal. Tron founder Justin Sun said in a social media post on Nov. 25 that TRON has become the largest WLFI investor. Sun added: “The U.S. is becoming the blockchain hub, and Bitcoin owes it to @realDonaldTrump! TRON is committed to making America great again and leading innovation. Let’s go!” Altcoins Soar as Bitcoin Faces Slight Correction to Below $95, 000 Bitcoin's momentum continues to lift altcoins. Ethereum has gained around 7.83% for the week, trading at approximately $3,424. Cardano saw a significant rise, increasing by over 36% to surpass $1. Stellar surged by around 66%, reaching $0.49, while Kusama experienced the largest increase, climbing over 100% to trade above $46. Ethereum price trend | Source: KuCoin Bitcoin’s ongoing rally has created a ripple effect across the crypto market with altcoins recording significant gains. This altcoin surge underscores the broader market sentiment. President-elect Donald Trump’s win has injected fresh optimism into the crypto space with many seeing his policies as favorable to blockchain innovation. The anticipation of Bitcoin breaking $100000 has further amplified this enthusiasm creating a positive feedback loop for altcoins. The altcoin rally highlights the resilience and potential of the crypto market beyond Bitcoin. Projects like Solana Cardano and Stellar demonstrate that strong fundamentals and growing adoption can drive significant price movements even in the shadow of Bitcoin’s dominance. As the market continues to heat up altcoins are well-positioned to capture investor attention and deliver substantial returns. The optimism surrounding Bitcoin’s approach to $100,000 has fueled these gains as the market anticipates further upward movement. Conclusion Solana is leading the charge in blockchain innovation and adoption. Its record-breaking decentralized exchange volume and strong on-chain metrics reflect its dominance. The momentum behind SOL suggests that $300 is not far off. As Bitcoin continues its climb to $100000 and altcoins follow in its wake the crypto market is poised for further explosive growth in 2024. Solana’s performance underscores the transformative potential of blockchain technology in a rapidly evolving digital economy.
TapSwap Daily Video Codes for November 25, 2024
TapSwap, a leading Telegram-based game, engages almost 7 million monthly active users with daily opportunities to earn valuable rewards. Players can collect 400,000 coins per task by entering secret video codes, boosting their in-game earnings and preparing for the much-anticipated TapSwap airdrop and Token Generation Event (TGE) set for Q4 2024. Quick Take Earn up to 400,000 coins daily by completing each video task. Use today’s video codes to maximize your rewards. TapSwap introduces a skill-based gaming platform with $TAPS token rewards, shifting away from traditional tap-to-earn games. The platform’s sustainability model emphasizes rewarding skill over chance, ensuring long-term engagement. TapSwap Secret Video Codes Today, November 25 Unlock up to 2.4 million coins by using the following video codes in today’s TapSwap tasks: Crypto AlertAnswer: V7EgL ETH Staking | Part 4Answer: &G23U LUNA & UST Crash Explained 5Answer: E@2jb Content Creation SkillsAnswer: l7o3 Content That Pays BigAnswer: 4act Animated GIFsAnswer: 77po Earn 2.4M TapSwap Coins with Secret Video Codes Daily Open the TapSwap Telegram mini-app. Navigate to the “Task” section and select “Cinema” to access video tasks. Watch each video and enter the secret codes in the designated fields. Click “Finish Mission” to claim your rewards. TapSwap’s Updated Skill-Based Gaming Platform TapSwap is redefining Web3 gaming with a platform that rewards players for their abilities, moving beyond traditional tap-to-earn models reliant on luck or pay-to-win strategies. Powered by its native token, TAPS, the platform provides a fair and transparent monetization system. Players can compete in skill-based games by paying a token entry fee, with rewards further enhanced by the upcoming Token Generation Event (TGE). The platform includes a user-friendly interface featuring games, leaderboards, and achievements. To support player development, TapSwap offers a training mode, allowing users to practice and improve their skills without financial risk. Initially centered on proprietary games, TapSwap plans to integrate third-party developers by 2025. This integration will bring a continuous stream of new content, supported by a profit-sharing model that incentivizes developers to create high-quality games and fosters a thriving ecosystem. Inspired by Web2 gaming platforms like Skillz, which has 3.2 million monthly users, TapSwap is setting ambitious goals of reaching 5 million monthly active users and $500 million in projected revenue. With a growing community of over 6 million social media followers, interest in TapSwap continues to build as the platform nears major milestones. Led by founder Naz Ventura, the TapSwap team has prioritized stabilizing the TAPS token value to avoid the volatility seen in traditional tap-to-earn models. By focusing on skill-based monetization and long-term sustainability, TapSwap is creating a loyal and engaged player base while revolutionizing the gaming landscape. Conclusion TapSwap’s Web3 platform is a game-changer, combining skill-based rewards with a developer-friendly ecosystem. Its innovative approach drives sustainable growth, rewarding players for their abilities rather than relying on chance. With the TGE on the horizon and daily opportunities for engagement, TapSwap stands out as a leader in the Web3 gaming space. Stay connected for updates and join the vibrant community to help redefine the future of gaming! Read more: All About CHILLGUY, the Viral TikTok Memecoin Surging Over 6,000% to a $700M+ Market Cap
All About CHILLGUY, the Viral TikTok Memecoin Surging Over 6,000% to a $700M+ Market Cap
Memecoins are no strangers to the crypto world, but CHILLGUY is rewriting the playbook. Fueled by a viral TikTok trend, this Solana-based token has surged by over 6,000% since its launch. In just a few days, CHILLGUY reached a market cap of around $500 million, turning early investors into millionaires. Let’s dive into what’s making this memecoin the hottest topic in crypto. Quick Take CHILLGUY skyrocketed over 6,000% in less than a week, with a peak price of $0.48. It leads decentralized exchange (DEX) trading with $490 million in daily volume. Inspired by a popular character, CHILLGUY's meme appeal and viral TikTok influence resonates with Gen Z investors. Early adopters turned modest investments into life-changing sums, making new millionaires. What Is CHILLGUY of the “Just a Chill Guy” TikTok Trend? CHILLGUY is a Solana-based meme token based on the “Just a Chill Guy” TikTok trend. The character, created by artist Phillip Banks in 2023, embodies a laid-back persona, relatable to audiences coping with life's challenges. The CHILLGUY token launched on November 15, 2024, through the Solana-based memecoin launchpad Pump.fun. TikTok’s Role in CHILLGUY’s Success The character’s viral appeal stems from its TikTok success, where users pair the image with humorous captions about staying calm amidst chaos. This cultural relevance has propelled CHILLGUY into the spotlight, drawing attention from both crypto traders and social media enthusiasts. TikTok has proven to be a powerful force in driving CHILLGUY’s popularity. The platform, favored by Gen Z users, introduced the “Chill Guy” character to millions. Crypto newcomers flooded the Solana ecosystem, with MoonPay reporting record-breaking transactions on launch day. Read more: Top Solana Memecoins to Watch in 2024 A Look at CHILLGUY’s Price Performance Source: X CHILLGUY’s price journey has been nothing short of extraordinary: Launch Phase: Initially trading at $0.006, the token quickly gained traction on Solana DEXs. Price Surge: By November 21, it hit an all-time high of $0.48, marking a 6,259% increase. Current Standing: As of writing, CHILLGUY trades at $0.44, maintaining strong momentum. CHILLGUY price | Source: Coinmarketcap Who’s Making Millions on $CHILLGUY? Source: X CHILLGUY's meteoric rise has turned savvy traders into millionaires: Small Bets, Big Wins: One trader invested $1,101 and now holds over $1 million worth of CHILLGUY. Unrealized Gains: Another trader turned $865 into $6.4 million, with a significant portion of the tokens yet to be sold. These success stories underscore the high-risk, high-reward nature of memecoin trading. CHILLGUY’s Controversies Despite its success, CHILLGUY hasn’t been without criticism: Artist’s Disapproval: Phillip Banks, the digital artist behind the Chill Guy character, has publicly expressed frustration with his work being used as the mascot for CHILLGUY without his consent. In a tweet, Banks stated, “I don’t endorse or consent to my art being used in any crypto-related projects. Please leave me alone.” The backlash intensified to the point where Banks had to make his social media profile private, highlighting the ethical dilemmas often associated with meme coin culture. This controversy has sparked broader debates about intellectual property rights and the unauthorized use of creative work in the crypto space. Liquidity Concerns: While CHILLGUY boasts an impressive market cap of $440 million, its liquidity pool remains significantly smaller at just $5 million. This disparity raises critical concerns about the token’s long-term stability and trading robustness. Low liquidity can lead to sharp price swings, making it challenging for traders to exit positions without significant losses. It also increases the risk of market manipulation, where large holders or "whales" could potentially influence the token's price. Such factors emphasize the importance of assessing a token's liquidity alongside its market cap when evaluating investment risks. These controversies highlight the complexities surrounding CHILLGUY’s rise, serving as a reminder of the multifaceted challenges meme coins face despite their viral appeal. What’s Next for CHILLGUY? CHILLGUY’s first centralized exchange listing on Crypto.com could mark the beginning of broader adoption. With a rapidly growing community and viral appeal, additional listings on major platforms are likely. Traders and analysts remain optimistic about the token’s short-term potential, though caution is advised given the volatility of meme coins. Final Thoughts CHILLGUY showcases the volatile and unpredictable nature of memecoins, driven by social media trends and speculative interest. Its rapid rise highlights the potential for significant short-term gains but also underscores the inherent risks of investing in such projects. While CHILLGUY has captured the attention of traders and created substantial returns for early adopters, its long-term sustainability remains uncertain. As with any highly speculative asset, it is essential to approach meme coin investments with caution, conduct thorough research, and only invest what you can afford to lose. Whether CHILLGUY continues its momentum or experiences a sharp decline will depend on market dynamics and community support. For now, it stands as a reminder of both the opportunities and risks in the evolving crypto landscape. Read more: Trending Memecoins Propel Solana to Record $8.35 Billion Revenue
Major ($MAJOR) Airdrop Guide: Tokenomics, Eligibility, and Listing Details
The Major ($MAJOR) token airdrop and official launch are set for November 28, 2024, at 12 PM UTC, on KuCoin. Here’s everything you need to know about this highly anticipated launch and the $MJAOR airdrop on The Open Network (TON). Quick Take Major ($MAJOR) token launches on November 28, 2024, at 12 PM UTC on KuCoin. Pre-market trading for $MAJOR has already begun on some platforms, with predictions placing the $MAJOR token listing price of around $1.10 to $1.50 when it officially launches for spot trading. The $MAJOR airdrop will reward active players of the Major Telegram mini-app, with eligibility tied to in-game activity and social engagement. The total token supply is set at 100 million $MAJOR supply with 80% allocated to community incentives. What Is the Major Telegram Game? Major is a Telegram-based star-collecting game combining blockchain gaming and social interaction. Launched on July 3, 2024, it has amassed over 50 million players as of writing, taking the top spot in the Grossing Apps list on Telegram. Players earn Stars through daily tasks, referrals, and squad participation. These Stars influence rankings, which directly determine a player’s allocation in the $MAJOR airdrop. When Is the Major Airdrop and Listing Date? Source: X The $MAJOR airdrop will reward active participants based on their in-game activity, with tasks and rankings determining eligibility. Here's a timeline of key dates: November 8: Farming methods disabled; games and tasks remain active. November 20: All farming and ranking activities stop. November 28: Official token launch and airdrop distribution begins. Tasks and games are the only remaining ways to earn rankings until November 20. Completing these tasks now increases your airdrop allocation. Read more: Major (MAJOR) Gets Listed on KuCoin! World Premiere! $MAJOR Tokenomics and Airdrop Allocation Source: Major Telegram community The $MAJOR token is designed to reward the community and fuel future development: Total Supply: 100 million tokens. Community (80%): 60% for current players, no locks. 20% for future incentives, farming, and new phases. Marketing and Development (20%): Allocated for marketing, liquidity, and growth, with a 10-month vesting period. Major (MAJOR) is now available for pre-market trading on KuCoin. Trade $MAJOR tokens early to secure your position in the Major ecosystem and get an exclusive preview of $MAJOR prices before the official spot market launch. How to Qualify for the $MAJOR Airdrop Players must complete specific tasks to qualify for the $MAJOR airdrop. Here’s how to ensure your eligibility: Join the Major Telegram Bot: Access the Major Telegram bot and start participating in daily tasks. Earn Stars: Collect Stars by completing challenges, inviting friends, and forming squads. Engage with Social Activities: Boost your ranking by sharing posts, joining campaigns, and staying active. Monitor Announcements: Keep an eye on the Major Telegram channel for updates on snapshot dates and token distribution. What Is the Major Price Prediction After Token Launch? The Major ($MAJOR) token is set to launch on November 28, 2024, at 12 PM UTC on KuCoin, with pre-market trading already underway on various platforms. Current pre-market data indicates a price range of around $1.10 to $1.50. Short-Term (1-3 Months): Post-launch, $MAJOR's price is projected to reach between $1 and $1.2, influenced by user adoption and ecosystem development. Medium-Term (6-12 Months): With sustained user engagement and strategic partnerships, the token could pick up to $1.4, subject to market sentiment and Major’s on-chain activity levels. Long-Term (1 Year or More): As the Telegram-based gaming ecosystem matures, $MAJOR's value might rise to around $1.50 to $2, contingent on market conditions and user adoption rates. Cryptocurrency price predictions are inherently speculative and subject to high levels of uncertainty due to the volatile nature of the market. Factors such as market sentiment, the expansion of the Major ecosystem, community engagement, and broader economic conditions can significantly impact token prices. While $MAJOR shows strong potential, prices may fluctuate widely, and there is no guarantee of achieving projected values. Investors are advised to conduct thorough research, understand the risks involved, and invest only what they can afford to lose. What Will Be the Major Listing Price? Pre-market trading for $MAJOR has commenced on some platforms, with predictions estimating a listing price of around $1.10 to $1.50. However, pre-market trading is speculative, and actual prices may vary upon official launch. How to Withdraw Your $MAJOR Tokens Here’s how to claim and withdraw $MAJOR tokens: Set Up an Exchange Account: Register on exchanges like KuCoin and complete KYC verification. Access the Major Telegram Bot: Link your TON wallet to the bot and choose your withdrawal method. Complete Tasks: Fulfill any final requirements in the bot’s “Tasks” section. Confirm Withdrawal: Once completed, tokens will be sent to your linked TON wallet or exchange account. Major Roadmap: What’s Next for $MAJOR? With its November 28 launch, Major is just getting started. The team promises exciting updates beyond the airdrop, including: Future Phases: New games, features, and incentives. Expanding Ecosystem: Partnerships with top exchanges and platforms. Ongoing Engagement: Community-driven growth and events. Conclusion The $MAJOR airdrop is a unique opportunity for Telegram users to earn tokens while participating in an engaging blockchain game. With its player-first tokenomics and seamless integration with TON network, Major is shaping up to be a significant force in GameFi. Act now—complete tasks, secure your rankings, and get ready to claim your share of $MAJOR tokens on November 28, 2024. As always, conduct thorough research before investing in any cryptocurrency. Stay tuned for more updates on Major and other GameFi projects on KuCoin News. Read more: November 2024 Airdrops: Boost Your Crypto Earnings with This Complete Guide
Bitcoin ETFs See $1 Billion Inflows in One Day as BTC Nears $100K
Introduction Bitcoin ETFs in the U.S. have seen massive inflows pushing Bitcoin closer to the $100,000 mark. With institutional investors driving demand, spot Bitcoin ETFs are experiencing significant growth and strengthening Bitcoin's market position. This article dives into the latest data on Bitcoin ETF inflows and how institutional interest is pushing Bitcoin to new heights. BTC ETF Volume 2024 Months Source: SoSoValue Quick Takes Massive Bitcoin ETF Inflows: U.S. Bitcoin ETFs saw $1 billion in inflows in a single day and $2.8 billion for the week, indicating strong institutional demand for Bitcoin and increased adoption among major financial institutions. Institutional Interest Boosts BTC Price: Bitcoin ETFs like BlackRock's iShares Bitcoin Trust, which holds $47.92 billion in assets, are pushing Bitcoin towards the $100,000 mark, demonstrating a nearly 40% surge since Trump's presidential win. Mainstream Finance Integration: Spot Bitcoin ETFs like BlackRock’s IBIT have gained massive traction, with options trading on Nasdaq reaching $120 million in daily volume, further integrating Bitcoin into traditional financial systems and driving market growth. Bitcoin ETF Inflows Hit $1 Billion in One Day Bitcoin ETF flows (Source: Farside Investors) On November 22, 2024 Bitcoin ETFs in the U.S. saw $1 billion in inflows in just one day according to SoSoValue data. This surge brought the total ETF inflows for the week to $2.8 billion. Bitcoin ETFs in the U.S. now hold $105.91 billion worth of BTC representing 5.46% of Bitcoin's total market cap. BlackRock's iShares Bitcoin Trust (IBIT) led with $608.41 million in net inflows raising its cumulative net inflows to $30.82 billion. IBIT manages $47.92 billion in net assets making it the largest Bitcoin ETF. Fidelity's Wise Origin Bitcoin Fund (FBTC) captured $300.95 million in new investments. FBTC's cumulative net inflows now stand at $11.52 billion with net assets of $19.54 billion. The Bitwise Bitcoin ETF (BITB) received $68 million in inflows while the ARK 21Shares Bitcoin ETF (ARKB) followed with $17.18 million. Grayscale's Bitcoin Mini Trust added $6.97 million and Franklin Templeton Digital Holdings Trust (EZBC) saw $5.7 million. VanEck's Bitcoin ETF (HODL) also reported $5.7 million in inflows. In contrast Grayscale's Bitcoin Trust (GBTC) faced $7.81 million in net outflows bringing its cumulative net outflows to $20.26 billion. Despite this the broader market sentiment remains bullish shown by the substantial inflows into other Bitcoin ETFs. Read More: What Is a Bitcoin ETF? Everything You Need to Know Impact on Bitcoin's Price and Market Cap The recent ETF inflows have significantly impacted Bitcoin's market cap and price action. Bitcoin has surged nearly 40% since Donald Trump's presidential win earlier this month moving closer to the $100,000 mark. On Thursday Bitcoin hit $98,800 reaching a new all-time high. BlackRock's iShares Bitcoin Trust with $47.92 billion in assets has driven much of Bitcoin's rise. Institutional investors now see Bitcoin ETFs as a secure way to gain exposure without direct custody. Bitcoin's total market cap stands at $1.94 trillion showing growing institutional demand. The strong inflows into ETFs like IBIT FBTC and BITB emphasize the growing adoption of Bitcoin among financial institutions. Spot Bitcoin ETFs and Market Influence Spot Bitcoin ETFs continue to attract interest with recent events pushing Bitcoin into mainstream finance. BlackRock's spot Bitcoin ETF (IBIT) added $13 billion in assets following Trump's win as reported by Yahoo Finance. This increase pushed iShares Bitcoin Trust past $40 billion in assets just 10 months after its launch. This rise led to increased trading activity with options tied to IBIT starting on the Nasdaq on Tuesday. The daily trading volume of these options reached $120 million on day one signaling strong institutional interest. Spot ETFs like IBIT offer direct exposure to Bitcoin's value unlike futures-based ETFs. This has made them popular for institutions looking for straightforward exposure to Bitcoin. The introduction of options trading strengthens Bitcoin's integration into traditional finance bridging crypto with mainstream markets. Conclusion Bitcoin ETFs in the U.S. have seen remarkable growth with $1 billion in inflows in one day and $2.8 billion for the week. Funds like BlackRock's iShares Bitcoin Trust and Fidelity's Wise Origin Bitcoin Fund have driven Bitcoin's surge toward $100,000. The rise in ETF inflows shows a strong institutional interest positioning Bitcoin as a major asset in global finance. As Bitcoin nears $100,000 ETFs will play a crucial role in providing secure access and driving demand. The coming weeks will determine if Bitcoin can break through this key level and continue its upward momentum.
Bitcoin ETFs Drive $1 Billion Inflows, Tether Mints $3 Billion USDT, NFT Market Makes $158 Million: Nov 25
Bitcoin is currently priced at $97,891 with +0.21% increase from the last 24 hours, while Ethereum is at $3,360, down by -0.97% in the past 24 hours. 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 80 yesterday and maintains the Extreme Greed level at 82 today. Bitcoin is experiencing a correction and remains some distance away from the highly anticipated $100,000 mark. According to cryptocurrency analytics platform CoinGlass, $495 million in crypto assets have been liquidated over the past 24 hours, with long positions accounting for the majority of losses at $382.7 million. Let's break down the numbers driving this rally and their impact on the wider market. What’s Trending in the Crypto Community? Solana's average daily DEX trading volume over the past week remained above $6 billion, with a market share of 45%. Wall Street bond trading giant Cantor Fitzgerald to acquire approximately 5% ownership stake in Tether. Tether minted an additional $3 billion USDT stablecoins. Since November 8, 2024, Tether has minted approximately $13 billion. Crypto Fear & Greed Index | Source: Alternative.me Trending Tokens of the Day Top 24-Hour Performers Trading Pair 24H Change SAND/USDT +58.12% MANA/USDT +22.12% XTZ/USDT +10.91% Trade now on KuCoin Read More: Bitcoin Price Prediction 2024-25: Plan B Forecasts BTC at $1 Million by 2025 Bitcoin ETFs See $1 Billion in Inflows Amid BTC Push Toward $100,000 Bitcoin ETF flows. Source: SoSoValue U.S. Bitcoin ETFs are driving Bitcoin's rally with a huge $1 billion inflow on November 22, 2024. This brings total ETF inflows this week to $2.8 billion. U.S. Bitcoin ETFs now hold $105.91 billion in BTC, making up about 5.46% of Bitcoin's total market cap, which sits at $1.94 trillion. This massive capital shows institutional investors still see value in Bitcoin as it approaches record highs. BlackRock's iShares Bitcoin Trust (IBIT) led the inflows, bringing in $608.41 million in one day, pushing its total net inflows to $30.82 billion. IBIT’s net assets stand at $47.92 billion, solidifying its lead in the Bitcoin ETF market. Fidelity’s Wise Origin Bitcoin Fund (FBTC) added $300.95 million in inflows, bringing its total to $11.52 billion with $19.54 billion in net assets. Bitwise Bitcoin ETF (BITB) added $68 million, followed by ARK 21Shares Bitcoin ETF (ARKB) with $17.18 million. Grayscale’s Bitcoin Mini Trust saw $6.97 million in new inflows, while VanEck Bitcoin ETF (HODL) and Franklin Templeton Digital Holdings Trust (EZBC) each gained $5.7 million. On the other hand, Grayscale Bitcoin Trust (GBTC) saw outflows of $7.81 million, taking its total net outflow to $20.26 billion. This variation shows the diverse preferences in ETF choices among investors. Read more: US Bitcoin ETFs Cross $100 Billion in Assets: What It Means for Crypto Investors Tether Mints $3 Billion USDT During Bitcoin Surge Source: Arkham Intelligence Tether minted an extra $3 billion in USDT on November 23, pointing to high liquidity demand in the market. Onchain data shows $2 billion USDT was minted on Ethereum and $1 billion on Tron. Stablecoin volumes often reflect market interest, with high volumes linked to increased trading activity. The minting of $3 billion USDT suggests traders expect strong price moves as Bitcoin closes in on $100,000. Stablecoins like USDT offer a quick way for investors to shift capital between crypto and fiat, making it easier to trade during market surges. The increase in USDT indicates a bullish mood and demand for liquidity to back continued momentum. Read more: USDT vs. USDC: Differences and Similarities to Know in 2024 NFT Market Stays Strong with $158 Million in Weekly Sales Leading networks by sales volume in the last week. Source: CryptoSlam NFTs showed strong performance last week with $158 million in sales by November 24. Although down 12.7% from $181 million the week before, NFT activity remained high. Ethereum led with $49 million in weekly sales, a 25.9% decrease, but still ahead of other blockchains. Bitcoin-based NFTs hit $43 million in sales, down 29%, while Solana reached $23.9 million—a 9% drop. Polygon, Mythos Chain, Immutable, and BNB Chain together recorded $35.8 million in weekly sales. Solana led with 185,000 NFT buyers, up 57.99% from last week’s 117,000 buyers, showing solid interest despite the slight drop in sales volume. The average NFT sale was valued at $126.17, compared to $133.08 last week. While overall sales dipped, the volume still stayed above early November levels, when weekly sales were $93 million—highlighting a 69% rise from earlier in the month. Read more: Top Solana NFT Projects to Keep an Eye On Conclusion Bitcoin’s march toward $100,000 is powered by massive ETF inflows—$1 billion in a single day. U.S. Bitcoin ETFs now hold $105.91 billion in BTC, or 5.46% of the market cap, showing strong support from institutional investors. The minting of $3 billion in USDT by Tether highlights increased liquidity demand, boosting the market's bullish sentiment. The NFT market also remains strong despite minor dips, with high sales activity and new buyers, especially on Solana. This shows resilience across the crypto market, despite fluctuations in price. The current rally and ETF involvement point to Bitcoin's growing status as a store of value. As ETF inflows continue and stablecoin volumes rise, Bitcoin's move toward $100,000 seems inevitable. With increasing adoption by both retail and institutional players, the broader crypto market is gearing up for a transformative period in financial history.
TapSwap Daily Video Codes on November 22, 2024
TapSwap, a leading Telegram-based game, engages almost 7 million monthly active users with daily opportunities to earn valuable rewards. Players can collect 400,000 coins per task by entering secret video codes, boosting their in-game earnings and preparing for the much-anticipated TapSwap airdrop and Token Generation Event (TGE) set for Q4 2024. Quick Take Earn up to 400,000 coins daily by completing each video task. Use today’s video codes to maximize your rewards. TapSwap introduces a skill-based gaming platform with $TAPS token rewards, shifting away from traditional tap-to-earn games. The platform’s sustainability model emphasizes rewarding skill over chance, ensuring long-term engagement. TapSwap Secret Video Codes Today, November 22 Unlock up to 2.4 million coins by using the following video codes in today’s TapSwap tasks: LUNA & UST Crash Explained 3Answer: rP=4@ Earning Rewards? Part 4Answer: Gda6C Hackers Strike AgainAnswer: De$fG Monetize Your YouTubeAnswer: d6a3 Language Lessons From HomeAnswer: a4ct Ordinary People Into BillionariesAnswer: 85s4 Earn 2.4M TapSwap Coins with Secret Video Codes Daily Open the TapSwap Telegram mini-app. Navigate to the “Task” section and select “Cinema” to access video tasks. Watch each video and enter the secret codes in the designated fields. Click “Finish Mission” to claim your rewards. TapSwap’s Updated Skill-Based Gaming Platform TapSwap is redefining Web3 gaming with a platform that rewards players for their abilities, moving beyond traditional tap-to-earn models reliant on luck or pay-to-win strategies. Powered by its native token, TAPS, the platform provides a fair and transparent monetization system. Players can compete in skill-based games by paying a token entry fee, with rewards further enhanced by the upcoming Token Generation Event (TGE). The platform includes a user-friendly interface featuring games, leaderboards, and achievements. To support player development, TapSwap offers a training mode, allowing users to practice and improve their skills without financial risk. Initially centered on proprietary games, TapSwap plans to integrate third-party developers by 2025. This integration will bring a continuous stream of new content, supported by a profit-sharing model that incentivizes developers to create high-quality games and fosters a thriving ecosystem. Inspired by Web2 gaming platforms like Skillz, which has 3.2 million monthly users, TapSwap is setting ambitious goals of reaching 5 million monthly active users and $500 million in projected revenue. With a growing community of over 6 million social media followers, interest in TapSwap continues to build as the platform nears major milestones. Led by founder Naz Ventura, the TapSwap team has prioritized stabilizing the TAPS token value to avoid the volatility seen in traditional tap-to-earn models. By focusing on skill-based monetization and long-term sustainability, TapSwap is creating a loyal and engaged player base while revolutionizing the gaming landscape. Conclusion TapSwap’s Web3 platform is a game-changer, combining skill-based rewards with a developer-friendly ecosystem. Its innovative approach drives sustainable growth, rewarding players for their abilities rather than relying on chance. With the TGE on the horizon and daily opportunities for engagement, TapSwap stands out as a leader in the Web3 gaming space. Stay connected for updates and join the vibrant community to help redefine the future of gaming! Read more: TapSwap Daily Video Codes on November 21, 2024
Memecoin Index Surges 100% as New Listings Fuel the Market's Growth
The memecoin market has exploded this past week riding a wave of fresh listings and wider bullish momentum. Memecoins like PEPE, BONK, and WIF have led the charge outperforming other market sectors and showing significant price gains. This surge reflects a broader trend where major centralized exchanges are embracing memecoins at an unprecedented pace. Despite their often criticized lack of utility, memecoins are capturing massive investor interest pushing them to the forefront of the crypto industry. Quick Takes Memecoins Lead Market Gains: GMMEME index jumped over 90% in November with PEPE, BONK, and WIF showing up to 100% weekly gains, outpacing other crypto sectors. Exchanges Listing Memecoins: Exchanges like KuCoin added memecoins like PNUT, driving price surges and trading volumes as centralized exchanges target high-risk traders. Regulatory Shift Boosts Speculation: Trump's victory renewed hopes for crypto-friendly regulation, pushing platforms to list speculative tokens and driving the memecoin rally. Memecoin Index Outshines Other Sectors The GMMEME index which tracks key memecoins like PEPE, SHIB, and DOGE surged over 90% in November outpacing other indexes such as the GM30 and GML1 which rose by only 36% on average. This index's performance showcases the explosive potential of memecoins especially compared to more established crypto sectors. Source: Coinalyze Within the GMMEME index PEPE gained 70%, BONK soared 100%, and WIF increased by 32% in just a week. These gains followed their listings on major exchanges like Coinbase and Robinhood which opened up these tokens to a new investor base driving speculative buying. PEPE/USDT price | Source: KuCoin BONK/USDT price | Source: KuCoin In the broader memecoin market, tokens outside the GMMEME index also showed impressive performance. MOODENG rose by 47% while PNUT a memecoin inspired by the viral P'Nut the squirrel, skyrocketed by 1,500%. PNUT's valuation jumped by $1.68 billion in the last week alone following its listing on Binance’s spot market and mentions by Elon Musk on X. MOODENG price |Source: KuCoin PNUT/USDT price | Source: KuCoin The Impact of Listings and Market Trends The rapid listings of major memecoins by centralized exchanges reflect a significant shift in strategy. Exchanges like KuCoin are now more willing to onboard highly speculative tokens that attract high trading volumes despite their controversial nature. This aggressive listing trend may be influenced by the recent U.S. presidential election which saw Donald Trump return to power. Trump's more crypto friendly stance contrasts with the restrictive policies of the previous administration. This renewed optimism has likely accelerated the onboarding of memecoins as exchanges look to capitalize on the increasing investor appetite for high risk, high reward assets. Memecoins might not offer the same real world utility as other crypto projects but their influence is undeniable. Retail investors are flocking to these tokens due to their high volatility and potential for quick gains. This shift in investor preference has made memecoins a vital part of the industry and a profitable opportunity for exchanges looking to boost trading activity and revenue. Conclusion Memecoins have taken the crypto market by storm with the GMMEME index surging over 90% in November driven by major listings and renewed investor interest. Tokens like PEPE, BONK and PNUT have captured attention delivering staggering gains and showing the power of speculative trading. Despite criticism for their lack of utility memecoins are becoming central to the crypto market pushing exchanges to embrace them as a lucrative opportunity. As regulatory sentiments shift and investor demand continues to rise memecoins look set to remain a significant force in the crypto world. Read more: Trending Memecoins to Watch This Week as Crypto Market Sees Record Highs
US Bitcoin ETFs Cross $100 Billion in Assets: What It Means for Crypto Investors
US Bitcoin exchange-traded funds (ETFs) crossed $100 billion in AUM for the first time. This milestone underscores the growing institutional interest in Bitcoin and its adoption as a mainstream investment asset. Bloomberg Intelligence data shows Bitcoin ETFs now collectively manage $104 billion in assets, making them a dominant force in the ETF landscape. Quick Take Total Bitcoin ETF assets under management (AUM) reached $104 billion as of November 21. BlackRock’s iShares Bitcoin Trust (IBIT) leads with $30 billion in net inflows since January. Bitcoin ETFs are on track to surpass gold ETFs in net assets, currently valued at $120 billion. Spot Bitcoin prices surged to over $99,500, with predictions to break the $100K milestone soon. Trump’s pro-crypto election win boosted Bitcoin ETF inflows and market sentiment. BlackRock’s iShares Bitcoin Trust (IBIT) leads with $30 billion in net inflows this year. Fidelity’s Wise Origin Bitcoin Fund (FBTC) follows, attracting $11 billion. Other contributors include ARK 21Shares Bitcoin ETF and VanEck’s HODL fund. Together, these funds have drawn billions of dollars from both retail and institutional investors. Spot Bitcoin ETF flows in November 2024 | Source: TheBlock Bitcoin vs. Gold: A New Rivalry BTC vs. Gold: returns over the past year | Source: TradingView Bitcoin ETFs are rapidly catching up to gold ETFs in terms of AUM. Gold ETFs currently hold $120 billion, but Bitcoin ETFs are 82% of the way to surpassing them. Analysts like Eric Balchunas from Bloomberg Intelligence predict that this could happen within months, marking a shift in how investors view store-of-value assets. Bitcoin’s unique properties, such as its inelastic supply and decentralized nature, position it as a competitor to gold in what JPMorgan calls the “debasement trade.” Bitcoin Price Surge BTC/USDT price chart | Source: KuCoin Spot Bitcoin prices have soared, trading at over $99,500 as of November 22, 2024—an over 170% increase over the past year. Analysts expect Bitcoin to break the $100,000 barrier soon, with projections ranging between $100K and $150K by year-end. The increasing Bitcoin ETF inflows and price momentum highlight the growing demand for Bitcoin as an investment asset. Read more: Bitcoin Price Prediction 2024-25: Plan B Forecasts BTC at $1 Million by 2025 The Trump Effect Investor confidence surged after Donald Trump’s pro-crypto election win. His victory is expected to bring a more favorable regulatory environment for cryptocurrencies, further boosting demand for Bitcoin ETFs. Since the election, BTC ETF inflows have exceeded $5 billion, reflecting optimism in the market. What’s Next for Bitcoin ETFs and Investors? Bitcoin ETFs are now 97% of the way to surpassing Satoshi Nakamoto’s estimated Bitcoin holdings, cementing their position as major market players. The introduction of ETF options, like BlackRock’s IBIT options, adds more avenues for investor participation. This rapid growth signals a broader acceptance of Bitcoin in traditional finance, potentially setting the stage for similar developments with Ethereum and other cryptocurrencies. Conclusion The crossing of the $100 billion milestone by Bitcoin ETFs marks a pivotal moment for crypto adoption. As institutional interest grows and Bitcoin approaches new price records, ETFs continue to pave the way for mainstream acceptance. For investors, this milestone reinforces Bitcoin’s role as a viable and competitive investment asset in both traditional and digital markets. Read more: Bitcoin Breaks $99K Amid Gensler SEC Shakeup, NFT Market Soars 94%, Ethereum Trading Volume Hits $7.13 Billion: Nov 22
Bitcoin Breaks $99K Amid Gensler SEC Shakeup, NFT Market Soars 94%, Ethereum Trading Volume Hits $7.13 Billion: Nov 22
Bitcoin briefly surged to $99,000 hitting a new all-time high on November 21st, and is currently priced at $98,471.31, while Ethereum is at $3,356, up by +9.33% in the past 24 hours. The market's 24-hour long/short ratio in the futures market was almost balanced at 50.4% long versus 49.6% short positions. The Fear and Greed Index, which measures market sentiment, was at 82 yesterday and maintains the Extreme Greed level at 94 today. Bitcoin surged past $99,000 after news broke that SEC Chair Gary Gensler will step down on Jan. 20—the same day Donald Trump returns to the White House. Investors expect Trump's presidency to bring a more crypto-friendly stance, fueling bullish momentum for Bitcoin. With pro-crypto policies anticipated, Bitcoin continues its rapid climb, reaching new highs and nearing the $100,000 milestone. What’s Trending in the Crypto Community? BTC breaks through $99,000, setting a new all-time high. Tether (USDT) market cap breaks through $130 billion, setting a new high. Bitcoin mining company MARA completed $1 billion convertible note financing. Crypto Fear & Greed Index | Source: Alternative.me Trending Tokens of the Day Top 24-Hour Performers Trading Pair 24H Change XRP/USDT +27% SOL/USDT +11.63% MOG/USDT +20.85% Trade now on KuCoin Read More: Bitcoin Price Prediction 2024-25: Plan B Forecasts BTC at $1 Million by 2025 Bitcoin Surpasses $99,000 on Regulatory News and Trump's Win Source: KuCoin 24HR BTC/USDT Chart Bitcoin (BTC-USD) jumped to $99,000 as traders reacted to news of SEC Chair Gary Gensler's resignation. This change coincides with Trump's upcoming presidency, which could introduce more favorable crypto regulations. Bitcoin has climbed 40% since Trump's victory earlier this month, with investors eyeing the symbolic $100,000 target. Reports suggest Trump's team is discussing the creation of a dedicated crypto policy office, which has fueled more optimism. Trump’s Pro-Crypto Sentiment Drives Bitcoin Higher Trump's focus on crypto policy has encouraged investors. Galaxy Digital’s CEO Mike Novogratz expects Trump's SEC pick to be positive for Bitcoin, highlighting the pro-crypto sentiment within his team. Trump's victory has sparked discussions of creating a national Bitcoin stockpile, adding to the excitement. News that Trump Media & Technology Group may acquire crypto trading company Bakkt has further boosted confidence, signaling broader engagement with blockchain. Read more: Bitcoin Nears $100K Amid 'Trump Trade' Surge: Key Drivers and Impacts Bitcoin ETFs See Big Inflows Following Trump's Win Source: Google The introduction of new options tied to IBIT, which began trading on the Nasdaq on Nov. 19, has also contributed to increased liquidity and volume in the crypto market. BlackRock’s iShares Bitcoin Trust (IBIT) gained $13 billion, pushing assets past $40 billion, just 10 months since its launch. This growth came right after Trump's election win. New options tied to IBIT began trading on Nasdaq, boosting crypto trading volume even further. Options trading provides investors with more avenues to manage risk and gain exposure to Bitcoin without directly holding the asset, which often draws in institutional capital. These options contracts attracted significant interest from traders looking to capitalize on Bitcoin's recent volatility, further driving inflows into Bitcoin-related products. Read More: Bitcoin Breaks $96K, Memecoins Drive Solana to $8.35 Billion Revenue, MicroStrategy’s $26 Billion Bitcoin Now Outpaces Nike and IBM: Nov 21 NFT Market Soars 94% with Crypto's Bullish Trend Source: CryptoSlam.io NFTs also surged as the crypto market rallied. Weekly NFT sales hit $181 million, up 94% from the previous week. Ethereum NFTs led with $67 million in sales—a 111% increase—while Bitcoin-based NFTs reached $60 million, up 115%. This uptick breaks a seven-month decline, signaling renewed interest in digital collectibles. The average NFT sale grew to $133 from $71, an 87% increase, showing stronger demand amid rising market optimism. Source: Cryptoslam.io The average value per NFT transaction also jumped significantly with the average NFT sale price rising from $71.11 to $133.08—an 87% increase. This growth demonstrates that collectors are willing to pay more for NFTs during periods of positive sentiment, which was fueled by the overall market's bullish outlook. Additionally, Solana, Mythos Chain, Immutable, Polygon, and BNB Chain collectively recorded $45.5 million in weekly sales, highlighting the broader market resurgence across multiple blockchain networks. Ethereum Trading Volume Hits $7.13 Billion Yearly High Source: KuCoin 24HR Chart ETH/USDT Ethereum’s network activity jumped, with on-chain volume reaching $7.13 billion on Nov. 15, the highest daily volume in 2024. This beat the previous peak in March and represents an 85% increase since Nov. 1. As Bitcoin rallied to new highs, Ethereum benefited, with investors reallocating funds across the crypto space. Analysts expect Ethereum's volume to continue rising as capital flows into decentralized trading environments. Ethereum’s increase in trading volume coincided with major inflows from institutional investors. These investors sought exposure to both Bitcoin and Ethereum ETFs, which were recently approved in the U.S., marking a shift from a regulatory crackdown to a more open attitude towards crypto investment. The daily volume represents an 85% increase from Nov. 1, where it stood at $3.84 billion, and this spike highlights the renewed speculative interest in Ethereum, driven by market conditions that favor high-risk assets amid regulatory optimism. Conclusion Bitcoin's rise to $99,000 marks a major milestone, driven by a shifting regulatory environment and increased institutional adoption. The market has welcomed the upcoming changes at the SEC and Trump's return, sparking fresh optimism. Institutional moves like BlackRock's Bitcoin ETF growth show increased confidence in digital assets. Meanwhile, NFTs and Ethereum have joined in on the market rally, both experiencing strong growth. As Bitcoin approaches the $100,000 level, the crypto space braces for more significant developments and a potentially groundbreaking phase.
TapSwap Daily Video Codes Today, November 21, 2024
TapSwap, a leading Telegram-based game, engages almost 7 million monthly active users with daily opportunities to earn valuable rewards. Players can collect 400,000 coins per task by entering secret video codes, boosting their in-game earnings and preparing for the much-anticipated TapSwap airdrop and Token Generation Event (TGE) set for Q4 2024. Quick Take Earn up to 400,000 coins daily by completing each video task. Use today’s video codes to maximize your rewards. TapSwap introduces a skill-based gaming platform with $TAPS token rewards, shifting away from traditional tap-to-earn games. The platform’s sustainability model emphasizes rewarding skill over chance, ensuring long-term engagement. TapSwap Secret Video Codes Today, November 21 Unlock up to 2.4 million coins by using the following video codes in today’s TapSwap tasks: ETH Staking | Part 1Answer: 5Bd%F LUNA & UST Crash Explained 2Answer: #7GgR Crypto Trends 2024Answer: 2BbY& First $10,000 On YouTubeAnswer: 83hr Teaching Languages OnlineAnswer: 5f62 Top IndustriesAnswer: 6h1e Earn 2.4M TapSwap Coins with Secret Video Codes Daily Open the TapSwap Telegram mini-app. Navigate to the “Task” section and select “Cinema” to access video tasks. Watch each video and enter the secret codes in the designated fields. Click “Finish Mission” to claim your rewards. TapSwap’s Innovative Skill-Based Gaming Platform TapSwap is revolutionizing Web3 gaming with a skill-based platform that rewards players for their abilities. Unlike traditional tap-to-earn models that rely on chance or pay-to-win mechanics, TapSwap offers a fair monetization system powered by its native token, TAPS. The platform features a user-friendly interface with games, leaderboards, and achievements, where players can compete by paying a token entry fee to earn TAPS as rewards. An upcoming Token Generation Event (TGE) will further enhance earning opportunities. To support skill development, TapSwap provides a training mode that allows users to practice without financial risk. Initially focused on proprietary games, the platform will integrate third-party developers by 2025, ensuring a continuous stream of new, engaging content. This integration is supported by a profit-sharing model, encouraging developers to create high-quality games while fostering a mutually beneficial ecosystem. Inspired by Web2 platforms like Skillz, which has 3.2 million monthly users, TapSwap aims to achieve 5 million monthly active users and $500 million in projected revenue. With over 6 million social media followers, the community shows strong interest as the platform approaches major milestones. Led by founder Naz Ventura, the TapSwap team has prioritized stabilizing the TAPS token value to address the volatility issues common in traditional tap-to-earn models. By focusing on skill-based monetization and sustainable growth, TapSwap is building a loyal and engaged player base while redefining the gaming landscape. Conclusion TapSwap’s Web3 platform is revolutionizing the gaming industry by combining skill-based rewards with a developer-friendly ecosystem. Its innovative model supports sustainable growth, offering players rewards based on ability rather than chance. With the TGE approaching and daily video codes boosting engagement, TapSwap is a standout player in the Web3 gaming space. Stay updated with the latest codes and join the growing community to redefine the gaming experience! Read more: TapSwap Daily Video Codes on November 20, 2024
Will Gensler's Resignation Propel an XRP Rally as Bitcoin Nears $100K?
XRP continues to consolidate, trading around $1.10 after reaching a high of $1.27 earlier this month. Investors are eyeing the regulatory developments following speculation that SEC Chair Gary Gensler might resign. Quick Take Speculation around SEC Chair Gary Gensler’s resignation is fueling market uncertainty. A pro-crypto SEC Chair could drive XRP toward $1.50. Record ETF inflows and institutional adoption push BTC to all-time highs. XRP and Dogecoin trading volumes surpass Bitcoin on South Korean exchanges. XRP Holds Steady After Crossing $1 XRP continues to consolidate, trading around $1.10 after reaching a high of $1.27 earlier this month. Investors are eyeing the regulatory developments following speculation that SEC Chair Gary Gensler might resign. Fox Business reporter Eleanor Terrett revealed that Gensler's resignation could reshape the SEC's stance on crypto. Market experts believe a leadership change may favor XRP, with a potential rally pushing it past $1.50. Pro-Crypto Leadership Could Be a Game-Changer for Ripple and XRP Gensler's exit raises questions about the next SEC Chair. Two potential candidates are Brad Bondi and Bob Stebbins. Bondi’s pro-DeFi and self-custody stance has garnered support from crypto advocates, including Amicus Curiae attorney John E. Deaton. Bondi’s approach to crypto regulation could set a new precedent for XRP, particularly regarding its programmatic sales ruling. Analysts predict his leadership might boost XRP demand significantly. Read more: Trump’s Win Fuels Crypto Hopes as Bitcoin Hits New Highs and Memecoin Platform Pump.Fun Soars $30.5 million: Nov 7 Bitcoin Nears $100K, Lifts Market Sentiment While XRP consolidates, Bitcoin is stealing the spotlight, climbing to a record $97,800. Institutional inflows, including MicroStrategy's bond offering, have fueled BTC's surge. This rally has bolstered confidence across the crypto market, providing tailwinds for XRP’s price action. Read more: The History of Bitcoin Bull Runs and Crypto Market Cycles South Korean Traders Fuel XRP Rally as Trading Volumes Surge By 30% XRP and Dogecoin trading volumes on South Korean exchanges have outpaced Bitcoin. XRP accounted for over 30% of Upbit’s trading volume in the last 24 hours, highlighting its strong demand. Analysts warn, however, that excessive speculation could lead to temporary price corrections. XRP Technical Analysis: Key Support at $1 and $0.95 XRP/USDT price chart | Source: KuCoin XRP’s technical indicators suggest a consolidation phase. Immediate support lies at $1.00, with stronger levels at $0.95 and $0.85. Resistance zones are seen at $1.26 and $1.40, with a potential breakout targeting $1.50. What Is the XRP Price Prediction After Surpassing $1 Mark? Despite short-term fluctuations, XRP’s long-term trajectory remains bullish. Analysts like CasiTrades project a price range of $8 to $13, supported by favorable technical indicators and improving market conditions. The federal ruling that XRP sales to retail investors are not securities continues to bolster investor confidence. Additionally, speculations around an XRP ETF further add to its growth potential. Conclusion XRP’s price action hinges on upcoming regulatory developments and the SEC Chair appointment. A pro-crypto leader could ignite a rally, while Bitcoin’s record highs provide a strong backdrop for the market. Keep an eye on key support and resistance levels, as XRP's consolidation phase might set the stage for its next big move. Read more: XRP Rises 25%, SHIB Forecasts 101% Jump, PNUT’s 2800% Meteoric Rise and More in Memecoin Frenzy: Nov 18
Bitcoin Nears $100K Amid 'Trump Trade' Surge: Key Drivers and Impacts
Bitcoin’s rally continues to make headlines, as the leading cryptocurrency inches closer to the $100,000 mark. Early Thursday, Bitcoin price touched an all-time high of $97,500 according to Coinmarkecap, marking another milestone in a historic bull run driven by optimism surrounding a pro-crypto government and innovative market developments. Quick Take Bitcoin makes a new ATH above $97,500, inching closer to the $100,000 milestone. The rally is fueled by pro-crypto U.S. policies under President-elect Donald Trump. Institutional interest surges with BlackRock's IBIT options debuting at $2 billion in volume. MicroStrategy continues aggressive Bitcoin purchases, cementing its role in driving prices higher. Analysts forecast a potential Bitcoin price of $200,000 in coming months. Pro-Crypto Sentiment Boosts Bitcoin Inflows by Over $4B The Republican win in the recent U.S. elections has created a favorable environment for cryptocurrencies. President-elect Donald Trump has pledged to make the U.S. a global crypto leader. His administration's stance is expected to loosen regulatory constraints, sparking optimism among investors. Institutional players are taking note. More than $4 billion has flowed into Bitcoin exchange-traded funds (ETFs) since the election. BlackRock’s newly launched IBIT ETF options are leading the charge, attracting $2 billion in trading volume on their first day. Analysts view this as a strong signal of growing institutional confidence in Bitcoin. Read more: Bitcoin’s 90% Price Rally Soon, Trump-Bakkt Rumors Cause 37,000% Surge, AI and Big Data Tokens Rocket 131%: Nov 20 BlackRock’s IBIT Options Reshape the Market with $2B Inflows BlackRock IBIT options puts and calls | Source: Cointelegraph IBIT options, tied to BlackRock’s Bitcoin ETF, debuted with impressive numbers: $2 billion in notional exposure traded. A bullish call-to-put ratio of 4.4:1. Options offer traders more tools for hedging risks or betting on price movements. This is expected to increase liquidity and stabilize the market over time. Analysts also suggest that IBIT options could dampen volatility in the long term while attracting new investor demographics. Corporate Whale MicroStrategy Owns Over 380,000 BTC BTC/USDT vs. MSTR stock over the past month | Source: TradingView MicroStrategy, a leading corporate investor in Bitcoin, continues to bolster its holdings. Since Trump’s election, the firm has purchased over 51,800 BTC, bringing its total to approximately 331,000 BTC, valued at $31 billion. The company's strategy has not only pushed Bitcoin prices higher but also solidified its position as a key player in the crypto market. Shares of MicroStrategy have surged nearly 900% in the past year, showcasing the market’s confidence in its approach. Read more: Possibility of U.S. Strategic Bitcoin Reserve Surge as Pennsylvania Introduces Strategic BTC Legislation Bitcoin Price Predictions and Market Sentiment Bitcoin’s price has doubled this year and risen 40% since the election. Analysts project it could reach $200,000 in the coming months, driven by: Increased institutional adoption. The introduction of sophisticated trading instruments like IBIT options. A supportive regulatory environment under the Trump administration. However, some caution remains. Traders warn that the market’s rapid growth could lead to corrections, especially if bullish momentum wanes. Read more: Bitcoin Price Prediction 2024-25: Plan B Forecasts BTC at $1 Million by 2025 Bitcoin Technical Analysis: Key Levels and Trends BTC/USDT price chart | Source: TradingView Bitcoin’s bullish momentum shows no signs of slowing down, with the asset trading just shy of $97,000. A closer look at its technical setup reveals critical levels and trends that could determine its near-term trajectory. Key Support and Resistance Levels Immediate Resistance: $98,000A decisive breakout above $98,000 could pave the way for a move toward the psychological $100,000 mark. Support Levels: $93,800 and $92,800On the downside, immediate support lies at $93,800, bolstered by a bullish trendline. If this level fails, the next major support is at $92,800, aligning with the 61.8% Fibonacci retracement level of the recent upward move. Technical Indicators Signal Bullish Continuation MACD (Moving Average Convergence Divergence): The hourly MACD remains firmly in the bullish zone, suggesting strong buying momentum. This indicator points to continued upward movement in the near term. RSI (Relative Strength Index): The RSI is above the 50 mark, confirming that bulls are in control. However, traders should monitor for signs of overbought conditions as Bitcoin nears $100,000. BTC Price Prediction: Potential Scenarios Bitcoin’s price movement has been defined by a strong uptrend since the U.S. elections, with higher highs and higher lows on the hourly chart. A bullish trendline supports the current price action, indicating a continuation of the upward trend. Bullish Breakout: A clean break above $97,000 could drive Bitcoin toward $98,000, with the potential to test $100,000 in the coming days. Analysts suggest that such a move would likely attract additional buying interest, reinforcing the rally. Temporary Pullback: Failure to sustain above $93,800 might lead to a pullback toward $92,800 or even $91,500. This would allow the market to consolidate before resuming its upward trend. What’s Next for Bitcoin? The $100,000 mark remains the immediate psychological target for Bitcoin. Breaking this barrier would place its market capitalization above $2 trillion, further cementing its status as a mainstream asset. Analysts believe that near-term support levels around $93,800 will be critical in maintaining upward momentum. In the broader market, crypto-related stocks and ETFs are also seeing significant gains, indicating that Bitcoin’s rally is driving a ripple effect across the industry. Conclusion Bitcoin’s historic surge reflects growing optimism in the cryptocurrency market. With institutional players stepping in and a supportive government on the horizon, the stage is set for continued growth. As Bitcoin approaches the $100,000 milestone, it’s clear that the “Trump trade” has reshaped the landscape, potentially ushering in a new era for digital assets.
Trending Memecoins Propel Solana to Record $8.35 Billion Revenue
Solana reached a new alltime high in daily revenue and fees due to the growing popularity of memecoins. Often called the Ethereum killer, Solana is now outperforming competitors in transaction speed and efficiency. The blockchain has broken records in total value locked TVL fees and revenue. This article breaks down the key numbers and technical reasons behind Solana's meteoric rise. Quick Take Memecoins Push Solana to Record Revenue: Meme coin popularity drove Solana to break records in daily revenue and transaction fees. Platforms like Pump.fun brought in $2.4 million in daily revenue. Raydium Powers Solana’s Growth: Raydium the top DEX on Solana generated $15 million in daily fees. Solana’s speed of 65,000 transactions per second gave Raydium a massive advantage over Ethereum’s 15–30 transactions. Solana Overtakes Ethereum: Solana outperformed Ethereum in fees and revenue. It recorded $11.8 million in fees compared to Ethereum's $6.32 million. Solana’s low fees and high scalability made it a preferred choice for fast and affordable blockchain use. Solana Achieves Record-Breaking Revenue and Fees Source: SOL/USDT 1 Week Chart KuCoin Solana recently achieved $11.8 million in transaction fees within a single day. This surpasses Ethereum’s $6.32 million. The key to this milestone lies in Solana's proof of stake system which offers far lower fees and faster transactions than Ethereum's proof of work model. Solana's speed and efficiency attract users looking for affordable and quick blockchain solutions. On the same day Solana generated $5.9 million in revenue. This figure was driven by increased activity in decentralized finance DeFi and memecoins. Only Tether managed to outperform Solana in revenue hitting $13.3 million. Total value locked in Solana's DeFi sector surged to $8.35 billion making it one of the top DeFi ecosystems. TVL is a measure of the total capital staked on the network. It shows investor confidence and interest. Solana’s current TVL level is challenging Ethereum which holds $20.5 billion. This achievement highlights Solana’s potential to dominate the blockchain market by attracting liquidity and staked assets. DeFi TVL: Ethereum vs. Solana | Source: DefiLlama Raydium’s Contribution to Solana’s Success Raydium, the largest decentralized exchange on Solana, played a major role in this record breaking performance. In just 24 hours Raydium generated $15 million in fees making it the top contributor to the network's earnings. During the same period Raydium earned $1 million in revenue. This reflects significant trading volume and strong user engagement. Raydium is popular because it offers low fees and quick trades which attract both retail and institutional investors. Solana’s ability to process 65,000 transactions per second gives Raydium an edge over Ethereum which handles only 15 to 30 transactions per second. This technical advantage makes Solana ideal for executing a high number of trades especially during surges in market activity. The combination of speed and affordability creates a platform where traders can transact efficiently without the slowdowns seen on Ethereum. Pump.fun and the Memecoin Frenzy Memecoins have become a powerful trend and Solana has capitalized on this through the Pump.fun launchpad. Pump.fun earned $2.4 million in daily revenue which exceeded Bitcoin's $2.3 million revenue that day. This shows the considerable impact memecoins are having on blockchain ecosystems particularly those that can process a large volume of small transactions cost effectively. The excitement around meme coin launches on Pump.fun led to increased revenue driven by numerous small trades. Solana's strengths—high throughput and minimal fees—make it perfect for this type of activity. memecoins generate buzz leading to many users making smaller transactions. Solana's infrastructure allows it to handle these volumes easily while keeping transaction costs very low. Pump.fun's performance highlights how memecoins are more than just a passing trend. They are fueling mainstream adoption and engagement with blockchain technology. By attracting different types of investors—from seasoned traders to newcomers—memecoins have boosted Solana’s activity, pushing the network to set new records. Platforms like Pump.fun help demonstrate that memecoins are a key factor in the growing popularity of decentralized finance and blockchain technology on Solana. Read More: Trending Memecoins to Watch This Week as Crypto Market Sees Record Highs Solana’s Impressive Market Performance The value of Solana's native token SOL has risen substantially showing strong market performance. Over the past year SOL rallied by 295%. This growth boosted its market cap to $113 billion making it the fourth largest cryptocurrency. SOL is narrowing the gap with Tether which holds a market cap of $128.8 billion. This closing gap shows increasing interest in Solana among traders and investors. On November 19 SOL reached a price of $247 its highest level since November 2021. Though it slipped slightly by 1.8% ending at $238 the token remains just 8.7% away from it's all time high of $260. The price surge reflects growing investor confidence in Solana's potential. More projects are launching on the platform and the need for SOL has risen. SOL is required for transactions staking and other network activities. This demand has pushed the value of SOL up considerably. Solana vs. Ethereum: A Comparison Solana throughput | Solana Explorer Ethereum is still the most well known smart contract platform but Solana's recent accomplishments show it is gaining significant ground. During the day Solana set new records Ethereum earned $6.32 million in fees and $3.6 million in revenue. In contrast Solana brought in $11.8 million in fees and $5.9 million in revenue. These figures show that users are favoring Solana for its low cost and high speed transactions. A major factor in Solana's recent success is its much lower transaction fees. The average fee on Solana is $0.00025 compared to $4.12 on Ethereum. This makes Solana far more appealing especially for those making smaller transactions or needing high throughput such as in NFT markets and DeFi. Solana's scalability also stands out. The network can process 65,000 transactions per second while Ethereum can only handle 15 to 30. This scalability ensures that as demand grows Solana can maintain its speed and efficiency unlike Ethereum which often struggles with congestion. Read More: Solana vs. Ethereum: Which Is Better in 2024? Conclusion Memecoins have driven Solana to record highs in revenue fees and total value locked. Platforms like Raydium and Pump.fun have been instrumental in this success demonstrating the power of memecoins and DeFi to fuel blockchain growth. With its scalable infrastructure, low fees and high throughput, Solana continues to challenge Ethereum’s dominance and gain ground in the market. As memecoins gain further traction Solana is well positioned to sustain this momentum and reshape the future of decentralized finance. Read more: Top Solana Memecoins to Watch
Bitcoin Breaks $96K, Memecoins Drive Solana to $8.35 Billion Revenue, MicroStrategy’s $26 Billion Bitcoin Now Outpaces Nike and IBM: Nov 21
Bitcoin briefly surged to $96,699, hitting a new all-time high on November 20th, and is currently priced at $96,620, while Ethereum is at $3,102, up by 1% in the past 24 hours. The market's 24-hour long/short ratio in the futures market was almost balanced at 50.4% long versus 49.6% short positions. The Fear and Greed Index, which measures market sentiment, was at 83 yesterday and maintains the Extreme Greed level at 82 today. The crypto market is experiencing an unprecedented surge, with Bitcoin reaching a new all-time high of above $96,699 today. Solana, driven by memecoin activity broke records in daily transaction fees and revenue. Meanwhile, MicroStrategy continues to grow its Bitcoin holdings, now surpassing cash reserves held by major corporations like Nike and IBM. This article explores the recent achievements of these major crypto players and examines their impact on the broader market. What’s Trending in the Crypto Community? MicroStrategy plans to sell $2.6 billion and use the proceeds to buy Bitcoin. MicroStrategy's market cap surpassed $110 billion, reaching an all-time high; it is now among the top 100 publicly traded companies in the U.S. by market cap. Sky (formerly MakerDAO): USDS is now live on the Solana network. Stripe launched a feature for B2B payments using stablecoins. Crypto Fear & Greed Index | Source: Alternative.me Trending Tokens of the Day Top 24-Hour Performers Trading Pair 24H Change FLOKI/USDT +10.86% XTZ/USDT +4.37% TAO/USDT +2.99% Trade now on KuCoin Read More: Bitcoin to $200K: Bernstein’s Prediction, MicroStrategy Buys $4.6 billion BTC, Goldman Sachs to Launch New Crypto Platform and More: Nov 19 Bitcoin Breaks $96K All-Time High: Is $100K Certain? Bitcoin surged to a new all-time high of $96,000 today following steady bullish momentum since the 2024 election. Despite some initial hesitation Bitcoin has remained strong as it moves closer to the psychological $100,000 level. This massive run began after the U.S. election with Bitcoin emerging as the big winner among various market assets. Source: BTC 1 Day KuCoin Chart BTC/USDT faced significant resistance at key levels like $90,000 and $85,000 but buyers showed aggressive support forming a series of higher lows. This pattern led to an ascending triangle which indicated a breakout was coming. Now with Bitcoin at $96,000 the next major target is the iconic $100,000 level—a mark that could ignite excitement and media attention across financial markets. Key Levels and Buyer Sentiment Bitcoin's journey over the past few weeks has shown the importance of psychological price levels. The $90,000 mark was crucial, acting as both a barrier and eventually a launching pad for the next leg up. As bulls pushed higher $93,500 held as resistance twice creating a foundation for support at each pullback. This behavior highlighted buyer interest at lower levels rather than the top indicating a willingness to defend support zones. The current challenge lies in maintaining momentum as BTC nears $96,000. If this level sees some initial resistance, past areas of interest including $93,500 and $91,804 may provide much-needed support. As long as Bitcoin can hold above $90,000 the bullish sentiment will remain intact increasing the likelihood of further gains. The Quick Path to $100K With Bitcoin now trading at $96,000 the question on everyone's mind is whether it can reach $100,000 soon. Major psychological levels like $100,000 can bring heightened volatility and increased attention but they also come with risk. Investors looking to enter or add to long positions should consider potential pullbacks as opportunities rather than chasing prices at highs. A level like $96,000 could bring some resistance but if Bitcoin finds support at previous resistance points the road to $100,000 could be clear. Bitcoin's recent rally to $96,000 shows its resilience and the confidence buyers have in pushing prices higher. As we approach the significant $100,000 level caution is necessary but the overall trend remains bullish. If support holds at key levels like $93,500 or $91,804 Bitcoin could continue its climb and break into six figures setting a new milestone for the largest cryptocurrency in the world. The coming weeks will be crucial as Bitcoin aims to achieve this long-anticipated mark potentially rewriting the landscape of global finance. Read more: Bitcoin Price Prediction 2024-25: Plan B Forecasts BTC at $1 Million by 2025 Memecoins Drive Solana to Record $8.35 Billion Revenue Source: SOL/USDT 1 Week Chart KuCoin Solana reached a milestone with $11.8 million in daily transaction fees and $5.9 million in revenue. Fueled by the meme coin craze Solana outperformed Ethereum in fees and user activity. The total value locked (TVL) in Solana's DeFi ecosystem hit $8.35 billion showing strong investor confidence and significant liquidity inflow. Raydium Solana's top decentralized exchange generated $15 million in fees and $1 million in revenue over 24 hours. Solana's ability to handle 65,000 transactions per second with low fees has made it a favorite among traders seeking fast and cost-effective transactions. Raydium’s success reflects the broader surge in Solana's network activity. Pump.fun a memecoin launchpad on Solana brought in $2.4 million in daily revenue surpassing Bitcoin’s $2.3 million. This shows how meme coins have driven intense activity and increased engagement on Solana. Solana's token SOL saw a 296% rally this year reaching a market cap of $113 billion with a peak price of $247 on November 19. SOL is now the fourth-largest cryptocurrency closing in on Tether's $128.8 billion market cap. With an average transaction fee of $0.00025 compared to Ethereum's $4.12 and the capacity to handle 65,000 transactions per second Solana offers better scalability and cost efficiency. As meme coins and DeFi services grow in popularity Solana continues to draw users and investors positioning itself for sustained growth and a stronger role in the crypto market. DeFi TVL: Ethereum vs. Solana | Source: DefiLlama Read more: Top Solana Memecoins to Watch in 2024 MicroStrategy’s $26 Billion Bitcoin Now Outpaces Nike and IBM Cash Holdings Source: Bloomberg MicroStrategy now holds $26 billion in Bitcoin after the price surged to $90,000 last week. This amount surpasses cash reserves held by major companies including Nike and IBM. MicroStrategy, one of the largest Bitcoin holders, began accumulating in 2020 making it the first company to adopt Bitcoin as a reserve asset. The company’s Bitcoin value currently rivals ExxonMobil’s treasury and stands just below Intel’s $29 billion and General Motors’ $32 billion. The company has accumulated 279,420 BTC to date and has seen its stock price jump from $15 to $340—a 2,100% increase since it began investing in Bitcoin. MicroStrategy plans to acquire more Bitcoin over the next three years under the 21/21 Plan aiming to spend $42 billion—$10 billion in 2025, $14 billion in 2026 and $18 billion in 2027. This plan would bring the company’s holdings to approximately 580,000 BTC, around 3% of the total supply. MicroStrategy has secured funding from equity and fixed-income securities totaling $21 billion for the acquisitions. In October 2024 the company purchased 7,420 BTC worth $458 million followed by an additional 27,200 BTC in November worth $2 billion. Bitcoin continues to dominate the crypto market with trading volume hitting $43 billion in the past 24 hours. MicroStrategy’s aggressive approach makes it a major player in the Bitcoin market outperforming traditional corporate cash holdings. MicroStrategy's aggressive Bitcoin strategy continues to set it apart from traditional corporations making it one of the most significant players in the crypto space. By surpassing corporate giants like Nike and IBM in cash reserves through Bitcoin the company highlights the shifting landscape of corporate treasury management. With plans to acquire even more BTC MicroStrategy shows unwavering confidence in Bitcoin's long-term value positioning itself to shape the future of digital finance. Conclusion The crypto market's momentum shows no signs of slowing down. Bitcoin's climb to $96,000 Solana's record-setting revenue and MicroStrategy's massive Bitcoin holdings underscore the growing significance of digital assets in both retail and institutional finance. As these cryptocurrencies push toward new milestones their influence on global financial systems continues to expand, reshaping how both investors and corporations perceive value in the digital age. The coming months will be crucial as these projects aim to further solidify their roles in the evolving financial landscape.
Today’s TapSwap Daily Video Codes for November 20, 2024
TapSwap, a leading Telegram-based game, engages almost 7 million monthly active users with daily opportunities to earn valuable rewards. Players can collect 400,000 coins per task by entering secret video codes, boosting their in-game earnings and preparing for the much-anticipated TapSwap airdrop and Token Generation Event (TGE) set for Q4 2024. Quick Take Earn up to 400,000 coins daily by completing each video task. Use today’s video codes to maximize your rewards. TapSwap introduces a skill-based gaming platform with $TAPS token rewards, shifting away from traditional tap-to-earn games. The platform’s sustainability model emphasizes rewarding skill over chance, ensuring long-term engagement. TapSwap Secret Video Codes Today, November 20 Unlock up to 2.4 million coins by using the following video codes in today’s TapSwap tasks: Earning Rewards? | Part 3Answer: N?#Eq Get Involved, Earn, and Collect! | Part 3Answer: &8QLf LUNA & UST Crash Explained 1 | Main StoryAnswer: 2Ad]# Make Money From Home Answer: ge3ph Low-Effort Online IncomeAnswer: ation Get Paid Every DayAnswer: 5erm Earn 2.4M TapSwap Coins Every Day with Secret Video Codes Open the TapSwap Telegram mini-app. Navigate to the “Task” section and select “Cinema” to access video tasks. Watch each video and enter the secret codes in the designated fields. Click “Finish Mission” to claim your rewards. TapSwap’s New Skill-Based Gaming Platform TapSwap’s Web3 platform introduces a skill-based gaming experience that rewards players for their abilities. Unlike traditional tap-to-earn models, which often rely on chance or pay-to-win mechanics, TapSwap offers a fairer monetization system powered by its native token, TAPS. TapSwap’s Gaming Features and Earning Opportunities TapSwap provides a user-friendly interface with features like games, leaderboards, and achievements. Players can compete in skill-based games by paying a token entry fee, earning TAPS as rewards. An upcoming Token Generation Event (TGE) will expand these earning opportunities. For those looking to improve their gameplay, a training mode allows players to practice without any financial commitment. Initially focused on proprietary games, TapSwap plans to integrate third-party developers by 2025, ensuring a steady stream of new and engaging content while supporting a sustainable ecosystem. Developer Integration and Revenue Sharing in TapSwap Ecosystem TapSwap’s ecosystem will open to external developers in 2025, offering a profit-sharing model that encourages the creation of high-quality games. This collaborative approach not only enriches the player experience but also ensures fair revenue distribution among developers, fostering a mutually beneficial partnership. TapSwap Aims for 5M MAUs, $500M Revenue Drawing inspiration from Web2 platforms like Skillz, which boasts 3.2 million monthly users, TapSwap is targeting 5 million monthly active users and $500 million in projected revenue. With over 6 million followers on social media, the TapSwap community demonstrates strong interest as the platform nears key milestones. Led by founder Naz Ventura, TapSwap’s team has prioritized stabilizing the value of its TAPS token, addressing the volatility issues often associated with traditional tap-to-earn models. By focusing on skill-based monetization, the platform aims to cultivate a loyal, engaged player base and achieve sustainable long-term growth. Conclusion TapSwap’s Web3 platform is revolutionizing the gaming industry by combining skill-based rewards with a developer-friendly ecosystem. Its innovative model supports sustainable growth, offering players rewards based on ability rather than chance. With the TGE approaching and daily video codes boosting engagement, TapSwap is a standout player in the Web3 gaming space. Stay updated with the latest codes and join the growing community to redefine the gaming experience! Read more: TapSwap Daily Video Codes on November 19, 2024