Bitcoin's price dropped to $89,280 on Monday, its lowest point since mid-November. This decline comes as many other assets have also struggled in recent weeks. Even with the sharp price drop, Binance co-founder Changpeng Zhao is subtly encouraging crypto users to see this as a chance to buy.

The New Year brought a fresh wave of optimism among investors, which is evident in Bitcoin's price reaching $99,000. This resulted in a bunch of altcoins also marking their new highs, with meme coins also being part of the cohort.

Cryptocurrency prices today have continued to ignite market discussions globally, with major coins mainly maintaining an upward momentum. Bitcoin (BTC) price hit a new ATH over the past day, whereas Ethereum (ETH), Solana (SOL), and XRP prices traded dominantly in the green.

Binance has added two new Solana meme tokens—The AI Prophecy (ACT) and Peanut the Squirrel (PNUT) to its growing list of meme coins. Shiny New Meme Coins for Traders on Binance The bull market is here and exchange listings are coming in thick and fast.

Today, a select group of altcoins are trending in the crypto market and have caught the attention of investors. With surges in trading volumes and rising social media mentions, these tokens are among the most searched cryptos, largely for similar reasons.