The global market of cryptocurrencies is observing pervasive discussions from leaders indicating valuable investments and high growth. There is a trending **meme coin Panshibi**, predicted to increase up to **1000x by 2025**. There is also a notable **rise of crypto mobile wallets** reaching a new pinnacle of 36M, signaling high retail adoption. Trump's meme coin, even though contrastingly fluctuating, has initially escalated on the first day of his office, lifting other tokens, yet showing a downward trend by 64 percent from its peak. Other significant coins are also gaining momentum. **Bitcoin** has reached a record high and is anticipating more highs stirring robust whale investors demand. Investors have also seen an increased growth stimulus in Solana (SOL) recording an all-time high. Various analysts even foresee a possibility of Solana battling Coinbase outages, and price targets reaching $500 by 2025. The changes in the crypto market are largely driven by policy wins, like the US SEC's first significant victory for Bitcoin, and Trump's launch of a crypto task force influencing market fluctuations. There remained undeterred optimism regardless of the downward trajectory of Trump and Melania meme coins. In the lead-up to Trump's inauguration, Bitcoin managed to surge, and post his inauguration, it inversely resulted in significant liquidations resulting from market volatility. Higher stakes are also seen in speculative investment opportunities like the $TRUMP coin which is either viewed as high-risk or short-term hype. With the ongoing changes, there has been an increase in Google searches for 'crypto' reaching a three-year high, driven by Trump's meme coins. Overall, the steep shifts and records in the market seem to be steering investors' interests, leading to expectations of an upcoming market boom.
HIGH Coin News Analytics from Fri, 18 Oct 2024 07:00:00 GMT to Wed, 29 Jan 2025 14:35:32 GMT -
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- Innovation -7
- Information +7
- Rumor -5