↝ JUST Coin: Just Another Meme Coin or the Birth of Something Greater?

In a surprising twist, traditional precious metal Silver (XAG) surged to its highest value since 2011, outdoing Bitcoin in the process. Meanwhile, Meme Cryptocurrencies such as Dogecoin and others, buoyed by Donald Trump's venture into the sector, have increasingly been gaining mainstream acceptance. It's not all great news though, as Bitcoin's price recently fell severely. Despite skepticism from some industries, with YouTuber MrBeast publicly refusing to buy the ASTER meme coin, the rarity of owning a single Bitcoin is undeniable. Fewer than 0.02% of people can qualify to be Bitcoin owners by 2025.

It seems everyone is getting into the act, with political figures such as Gavin Newsom aiming to start their own meme coins mainly to troll Trump. The growth of these coins is remarkable, especially when you consider coins like Trump's, which reportedly made him $100 million richer overnight. Solana's market segment tripled in just three weeks and Memecoins like Fartcoin reported a significant boost thanks to Trump's win.

Unsurprisingly, US Congress recently passed a landmark bill to regulate stablecoins, a fast-growing sector within crypto. Despite the strong position of Bitcoin, public companies seem to look beyond it, amassing other cryptocurrencies like ETH, XRP, SOL, and BNB. The general outlook remains positive with Rosenblatt remaining bullish on cryptocurrency and Coinbase stock recently hitting a new 52-week high.

Meanwhile, despite high mining costs (one Bitcoin now costs $137,000 to mine in the US and close to $200,000 per coin in Germany), experts suggest the current bitcoin crash is temporary. Some believe we are yet to see the peak of this cycle. Certain rare coins hit record auction figures, and in a potential nod to traditional finance, crypto traders who invested in Melania Trump's coin minutes before its launch reportedly made $100M. A 1652 silver coin minted by American Colonists fetched $2.52 Million.

JUST Coin News Analytics from Sat, 12 Oct 2024 07:00:00 GMT to Tue, 23 Sep 2025 15:05:33 GMT - Rating 0 - Innovation -5 - Information 10 - Rumor -4