Analysis Crypto by Thebittimes.Com

The cryptocurrency market has entered another bull run. Bitcoin (BTC) hit a new all-time high of $93,477.11 on Nov. 14, 2024. With BTC at new heights, other crypto assets are following suit. The bull run may have been triggered by Donald Trump winning the US Presidential election. Market participants may be betting on Trump’s pro-crypto and pro-businesses stance. The possibility of a 25 basis point interest rate cut may have also boosted investor sentiment. Although BTC is the market leader, a few memecoins are outperforming the original cryptocurrency. Let’s look at three memecoins outshining BTC in the charts. Also Read: Pepe Rallies 80% In 24 Hours, Hits New All-Time High: SHIB Out? Top 3 Meme Cryptocurrencies Outperforming Bitcoin 1. Peanut The Squirrel (PNUT) PNUT is a fairly new cryptocurrency that is making waves in the crypto community. The asset is currently the best-performing crypto among the top 100 projects by market cap. The memecoin is up by 131.5% in the daily charts an

Most of the best meme coins have risen to prominence in the crypto sector since the beginning of the year. Early investors have seen substantial returns from this surge. While meme coins have recently experienced relative stability, the post-U.S. elections and anticipated bull run have seen these tokens post exponential price growth.   Consequently, the meme coins sector grew by over 2% to post a market cap in excess of $60 Billion as of today. This Analysis by Insidebitcoins explores the factors behind the growing attention paid to these meme coins. It also examines why they are attracting investors’ interest while offering insights into their market movements and underlying trends. Best Meme Coins to Invest In Today Several meme coins are trending today despite their prices being lower than when the week started. These tokens are sure to grow higher as Donald Trump’s reelection has been predicted to ensure this upsurge. Insidebitcoins has identified three of the best meme coins,

Following the recent unprecedented explosion of established cryptos, several latest meme coins have followed suit. These new tokens have experienced bullish movements and double-digit profits. Infact, several investors have become crypto millionaires overnight by investing in them.  The recent surge in the value of these cryptocurrencies is widely linked to the recently concluded U.S. Crypto proponents believe Trump’s reelection will usher in a season of tenfold profits. This article will look at some of the most profitable latest meme tokens investors can add to their watch list.  Latest Meme Coins to Buy Now Happy Cat witnessed an impressive price surge of 500% in one day recently. Despite experiencing a recent price dip in the past 24 hours, analysts anticipate this setback to be temporary. Meanwhile, Bitcat’s 103% uptick in trading activity ignited a 7% increase in price.  Since its presale went live, the Crypto All-Stars token has consistently delivered impressive performan

Tesla’s stock surge intensified Tuesday as its Bitcoin holdings surpassed $1 billion. The automaker’s 11,509 BTC reached unprecedented value with Bitcoin hitting $89,560, marking a historic milestone for the company’s cryptocurrency strategy. Arkham Intelligence data reveals the strategic crypto investment yielded substantial returns amid the digital asset market’s resurgence. Also Read: Dogecoin (Doge) & Shiba Inu (SHIB) Price Prediction For Mid November 2024 Analyzing Tesla’s Post-Market Surge: Impact of Bitcoin Holdings and Market Trends Source: Bitcoin Sistemi Bitcoin Profits Soar Arkham Intelligence reports Tesla’s Bitcoin position generated $495 million in profit by November. Their February 2021 investment of $1.5 billion doubled since January, riding crypto’s market upturn which coincided with the Tesla stock surge. Stock Price Response Tesla’s stock jumped straight to $350 in post-market trading, up 8%. Bitcoin’s 40% monthly gain pushed CEO Musk’s wealth to $320 billion ami

The BlackRock Bitcoin ETF (exchange-traded fund) recorded a new daily trading volume record as Polymarket odds of BTC reaching $100K by the end of the year surge. BlackRock’s IBIT fund generated $4.5 billion in daily trading volumes yesterday, according to a Nov. 11 post on X by Bloomberg ETF analyst Eric Balchunas. BlackRock Bitcoin ETF Leads $1.1 Billion Inflows IBIT not only experienced a surge in trading activity, it also recorded the most inflows of the US spot Bitcoin ETFs on Nov. 11. During yesterday’s session, the asset management titan’s ETF saw $756.5 million enter its reserves, according to Farside Investor data . This is more than half the $1,114.1 million inflows the funds recorded collectively on the day. Fidelity’s FBTC registered the second highest inflows after investors sent $135.1 million to the fund. Trailing behind FBTC is ARK and 21Shares’ ARK, which saw net inflows of $108.6 million. Bitwise’s BITB, Invesco’s BTCO, Franklin’s EZBC and both of Grayscale’s

As Bitcoin (BTC) has continued to surge to new heights at the start of the week, Standard Chartered Bank has predicted that a second term for President-elect Donald Trump will push the crypto market cap to the $10 trillion level. Moreover, they expect the feat to be reached by 2026. The bank has expressed immense optimism about the industry’s potential under the Trump administration. With the reelected candidate, the country officially saw the first pro-crypto president take over the Oval Office. Subsequently, the bank has expected that to be massive for Bitcoin, Ethereum (ETH), and Solana (SOL). Republican presidential nominee former President Donald Trump waves as he walks with former first lady Melania Trump at an election night watch party at the Palm Beach Convention Center, Wednesday, Nov. 6, 2024, in West Palm Beach, Fla. (AP Photo/Evan Vucci) Also Read: Bernstein Urges Investors to Buy Bitcoin As Trump Drives Bull Run Trump’s Return to Spark Bitcoin Bull Run to $200k, Standard

A savvy cryptocurrency investor has recorded a ten-fold return on an investment of approximately $318,000 through precise market monitoring. The transaction involved Solana (SOL) and the artificial intelligence-themed Act I: The AI Prophecy (ACT) in a trade conducted on Raydium, a decentralized exchange (DEX) built on the Solana blockchain. Details of the trade indicate that the investor invested 1,558 SOL ($318,000) to acquire 10.9 million ACT tokens, according to the latest data retrieved by Finbold from on-chain crypto Analysis platform Lookonchain on November 11. Picks for you El Salvador is now in $200 million profit on their Bitcoin bet 14 hours ago AI predicts Cardano price for 2025 amid Hoskinson-Trump rumors