Coinbase has sparked interest with an innovative angle in the crypto sphere, hinting at a potential 'altcoin season'. The value of
Bitcoin, on the other hand, continues to appreciate, and anticipations of it hitting $150,000 grow, evidence of this is a 2011 Bitcoin sold for substantial profit. However, there are concerns of it reaching a peak, particularly with an 80,000 BTC recently moved after 14 years. As for the meme coins, two new entrants into space,
TOKEN6900 and
Pepeto, racked up significant value in a short time. Yet, the indulgence in meme coins is seen as not entirely profit-driven but quite fun-filled. Amidst the meme coin frenzy, the S&P 500 surprisingly embraced crypto, thus influencing investments perspectives. In other news, a
Chinese Company with no revenue was associated with Trump while
Coinbase's stock experienced a 52-week high.
Monero, a privacy coin with a $6B market cap, suffered a hijack of around $100k daily, raising some eyebrows. The
Ethereum network's future seems uncertain as per its founder Vitalik Buterin, if decentralization continues to be just a catchphrase. Amidst these, Trump has also ventured into meme coins, which was met with mixed reactions from the crypto community. Solana and Fartcoin are some meme coins thought to benefit immensely from Trump's victory. Also, the Barstool Founder launched and dumped GREED Meme Coin within an hour, signaling a level of volatility in the meme coin section.
JUST Coin News Analytics from Sat, 12 Oct 2024 07:00:00 GMT to Wed, 20 Aug 2025 18:33:06 GMT -
Rating -3
- Innovation -2
- Information 6
- Rumor -5
