Multiple developments relating to the crypto market included the impressive surge of Coinbase stock, hitting a new 52-week high, suggesting that Crypto Week could drive its share price even higher. New ETF for Dogecoin has been launched, showing the increasing mainstream acceptance of meme coins. Other significant market updates include Ethereum's unexpected movement against Bitcoin, predicting a possible ETH price breakout.
Among the unusual events, Donald Trump appears to have massively increased his wealth through a meme coin. The US move of $73 million in Bitcoin happened amidst a government shutdown, demonstrating the resilience of the cryptocurrency market. Further, the Pi Network announced the launch of its own DEX along with fresh price predictions, where a token dump is expected in the next weeks.
Commenting on the performance of meme coins, traders who invested in Melania Trump's coin right before the launch reportedly bagged $100 million. In contrast, some traders of Trump's memecoin faced a $2 billion loss after a market crash. The XRP Ledger has just become significantly cheaper to use following a 400% price spike in the coin.
In recent developments, two coins of notable historical-pedigree resurfaced: a 2,000-year-old coin minted by Jewish rebels discovered in Jerusalem and another, illegally minted during the American Revolution, auctioned for a hefty $2.5 million. In more light-hearted news, Fartcoin has come from internet joke to blockchain reality.
JUST Coin News Analytics from Tue, 19 Nov 2024 08:00:00 GMT to Wed, 05 Nov 2025 11:07:42 GMT - Rating -2 - Innovation 0 - Information 5 - Rumor -3