Recent cryptocurrency news revolves around the surprising performance of newer entries in the market such as the NOT Coin. While other major cryptocurrencies like Bitcoin are not finished in terms of strong purchases, and still attracting whales even at a price point above $90k, there has been a boom in interest and investments in newer, less established currencies sometimes referred to as
TikTok Meme Coins. Despite these relatively unknown currencies being high-risk, high-reward, it seems investors are eagerly getting onboard, hoping to capture the lightning in a bottle success experienced by Dogecoin and Shiba Inu coin.
Market experts warn against the blind trust in stablecoins. In particular, the tokens Binance referenced as
BFUSD are not stablecoins but rather high-yield margin products. On the other hand, there is a growing enthusiasm in the market, notably around Telegram’s
NOT coin which has shown a significant surge recently. Despite this positive trend, many analysts advise investors to approach cautiously given that not every coin will experience an intense pump in the upcoming bull run. Amidst the market volatility, expert views differ significantly over which coins to bet on and which to avoid.
While there is high volatility and unpredictability in the crypto market, Bitcoin seems to maintain its momentum with traders holding rather than selling, defying alts whether or not recognized as stablecoins.
NOT Coin News Analytics from Wed, 06 Dec 2023 17:11:41 GMT to Wed, 20 Nov 2024 19:29:06 GMT -
Rating -4
- Innovation 3
- Information -2
- Rumor -5
