In this weekly analysis of meme coins, BeInCrypto observed that these tokens experienced mixed results. While some tokens saw gains, others grappled with significant losses.
The GMMEME index, which tracks key memecoins such as PEPE, SHIB and DOGE, has surged over 90% in November.
The memecoin market is abuzz with recent activity spurred by Bitcoin's (BTC) performance. Bitcoin is reaching its peak dominance, and investors are flocking to smaller projects in hopes of finding the next crypto unicorn.
BONK has achieved new all-time highs and reclaimed its position as the largest Solana-based memecoin following its Upbit KRW listing, with trading volumes exceeding $3.58 billion and market capitalization growing beyond $4.15 billion.
Cryptocurrency conglomerate Digital Currency Group (DCG) is making a big splash in the realm of decentralized artificial intelligence (AI), with a keen focus on the Bittensor (CRYPTO: TAO) ecosystem. What happened: Barry Silbert, the head of DCG and an early champion of cryptocurrencies, will lead the new venture called Yuma, aimed at supporting businesses that want to build and deploy AI models on Bittensor, according to a Wednesday press release.
Digital Currency Group (DCG) has unveiled Yuma, a new subsidiary dedicated to accelerating startups building decentralized intelligence projects using Bittensor's infrastructure. According to the firm's statement, the move is a strategic foray into converging crypto and artificial intelligence (AI), two sectors poised for exponential growth.
Digital Currency Group, the parent company of Grayscale and Foundry, has launched a new decentralized intelligence subsidiary named Yuma. According to a press release on Nov.
Crypto venture capital firm Digital Currency Group (DCG) is looking to promote the development of Bittensor (TAO), a decentralized Artificial Intelligence (AI) protocol. The firm aims to achieve this goal through Yuma Group.
By 2024, the cryptocurrency market has seen the rise of a fully developed meme coin sector. Known for their high volatility, these assets offer the potential for massive returns — but they come with equally high risks.
Almost all meme coins in the top 100 alts are down by double digits now.
Bitcoin's (CRYPTO: BTC) approach toward the psychological $100,000 mark has sparked interest, with inflows into spot ETFs and IBIT options trading contributing to optimism. Statistics: Lookonchain data shows the spot Bitcoin ETFs recording a net inflow of 9,363 BTC ($884.9 million) on Tuesday.
DCG's Barry Silbert launches Yuma, a decentralized AI venture, to develop projects for Bittensor's innovative AI network. The post DCG's Barry Silbert unveils decentralized AI venture to fund Bittensor projects appeared first on Crypto Briefing.
Barry Silbert will be the CEO of Yuma, a new DCG company focused on incubating and building new businesses within Bittensor's decentralized AI ecosystem.
As the year 2024 is coming to an end, an overview of the best-performing tokens is a must. Prepare for 2025, or re-evaluate your 2024, here is your chance!
Bitcoin (BTC) hit a new all-time high of $94,041 after BlackRock, the world's largest asset manager, officially launched the iShares Bitcoin Trust ETF (IBIT) for options trading. However, it declined after reaching this level and is currently trading at $92,114, up almost 1% over the past 24 hours.
TAO was trading at $488.4, a zone that has previously triggered price reversals. Will the same happen this time around?
On the back of some very bullish exchange listings, memecoins $PEPE, Dog Wif Hat ($WIF), and $BONK, have been flying high in recent days. However, after such explosive surges, is it now time for a comprehensive pull-back?
Bonk, the Solana-based meme coin, has surged 85%, attracting massive investor interest as it tests crucial support levels around $0.00002635, with traders closely monitoring its potential for further upward momentum. The post Bonk Surges 85% as Big Traders Pile In – Could This Be the Path to $1? appeared first on Cryptonews.
Meme coins are back in a big way. Dogecoin (DOGE) and Pepe Coin (PEPE) have surged nearly 100% in the past week, fueled by renewed interest in the broader crypto market.
BONK, WIF, and POPCAT are poised to surge higher as cryptocurrencies gain attention following the US presidential election.
BONK's Open Interest skyrocketed by 35%, indicating notable interest from traders.
Story Highlights The live price of the BONK token is BONK coin price may reach a high of $0.000085 by the end of 2024. BONK, with a potential surge, could reach a maximum of $0.0050 by the end of 2030.
BONK token price rose 12% after listing on Binance.US, trading at $0.00003603 with increased volume as it approaches its previous all-time high of $0.00004704.
With a market cap of $2.894 billion, BONK is the 5th biggest meme currency in the crypto market. Currently, the BONK price is trading at $0.00003861, with a 19% surge in the past 24 hours. BONK prepares for a massive rally upside as the bull run in meme coins continues.
As Bitcoin (BTC) price rallied above $93k for the first time since its inception, it is now more than clear that the crypto bulls are in action.
Bonk (BONK) has surged to its highest price since July, following its listing on Binance.US, raising speculation about its potential to outshine established meme coins like Shiba Inu and Floki amid increasing demand and market optimism. The post Bonk Hits Its Highest Since July – Could It Soon Outshine Shiba Inu and Floki? appeared first on Cryptonews.
Bittensor (TAO) has been gaining considerable attention in the cryptocurrency market recently, marked by a dramatic increase in trading volume and a noticeable rise in price action. As of November 13, 2024, TAO's trading volume soared to over $500 million within a 24-hour period, indicating robust market interest.
Bonk (BONK) price, a Solana-based meme coin, has recently experienced a significant price surge, breaking crucial resistance levels. This rally has boosted market interest, with BONK now eyeing a potential new all-time high this November.
In the realm of bullish market sentiment, Bonk (BONK), a Solana-based popular meme coin, turned bullish after remaining stable during the period when others were experiencing a notable upside rally. It appears that the sentiment for BONK has changed and it is now poised for a notable upside rally in the coming days.
The OBV soared past local highs from late September as the meme coin broke out beyond the six-week range.
Solana-based meme coin BONK has surged by 12% in the past 24 hours. It has outperformed top meme coins like Pepe (PEPE) and Shiba Inu (SHIB), whose values have dropped 3% and 7%, respectively, during the same period.
All eyes have been on Bitcoin, as it shatters records and continues to break all time highs again and again.
Bonk has taken a downturn, sliding toward the crucial $0.00002635 price mark as bearish forces take charge. This level could be the bulls' last stand to regain momentum and prevent a deeper correction.
Solana meme coins Bonk, Happy Cat, and Peanut the Squirrel were some of the best-performing cryptocurrencies on Nov. 13. Peanut the Squirrel (PNUT) token surged by 300% in the last 24 hours, bringing its market cap to over $1.6 billion.
As the global cryptocurrency market cap eyes $3 trillion, the recent increase in Bitcoin price to an all-time high of $89,000 has sparked excitement of a new bull run, preparing the stage for altcoin's renewed optimism. Among the leading performers are Peanut the Squirrel (PNUT), Rexas Finance (RXS), Bonk (BONK), and XRP—all witnessing substantial price
The crypto market today has demonstrated a rather modest rise, increasing by 1.51% over the last day, bringing the total market cap to $2.98 trillion. The trading volume rose significantly, up by 35.59% to $358.59 billion.
BONK surged 23%, breaking resistance and showing potential for continued gains.
TAO nears a potential breakout with robust metrics, eyeing a target of $1,252.6.
BONK, the Solana-based meme coin, has recently seen a significant price increase, breaking out from a six-month descending wedge pattern. This breakout suggests a potential 92% rally, positioning BONK for substantial growth if the momentum holds.
Millionaire trader Unipcs, known as "The BONK Guy," shared a fresh optimistic outlook on Bonk (CRYPTO: BONK), calling it a standout among meme coins due to its unique position. What Happened: The trader took to X to highlight Bonk's distinct status as the only new meme coin on Coinbase, alongside Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB).
Bonk price surge gathered momentum on Tuesday, with the OG of Solana meme coins soaring to $0.000034, its highest level in over five months. This rally mirrored that of other meme coins like Dogwifhat and Popcat surging by over 10%.
The Ordinals Protocol's native token, ORDI, has been gaining attention from traders as it approaches a critical price level. With heightened market sentiment and a significant increase in trading volume, ORDI is positioned for potential growth in the coming days.
BONK has achieved a 38% weekly gain and reached $1 billion in trading volume, while showing mixed signals in derivatives markets and technical indicators, as the token maintains its position as a leading Solana-based meme coin with a $1.8 billion market cap.
Bitcoin (BTC) catapulted to another all-time high, reaching $89,604 before declining marginally, as bulls set their eyes on $90,000 and $100,000. The euphoria over Trump's win shows no signs of waning, and BTC could hit $100,000 before the end of the year if the bull run continues at its current pace.
The altcoin season is picking up pace, with the Bitcoin price claiming a new ATH above $89,000. The Meme Coins market cap has crossed the $100 billion mark at $110.26 billion. With more than 50% of its market cap concentrated in Dogecoin's $58.60 billion market cap, smaller-cap Meme Coins showcases a massive upside potential.
If buyers can keep up the momentum, BONK could rally by 32% to the 1.618 Fibonacci level.
If ORDI closes a daily candle above the $44.45 level, it could soar by nearly 40% to reach the $62 level.
Bittensor (TAO) price is experiencing strong upward momentum, consolidating its position as the largest artificial intelligence (AI) coin in the crypto market today. Recent analysis using the Ichimoku Cloud highlights a bullish trend, suggesting that buying pressure remains strong.