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Memecoin-kultus gaan voort: Dogecoin en Shiba Inu in die voortou
October began with a decline in Bitcoin, altcoin, and memecoins like Dogecoin prices backed by the Fed’s quantitative tightening and interest rate hike. Bitcoin slumped below the 20k psychological level, giving rise to tensions among investors in the market.
However, the month ended with a massive price rally for some altcoins across the market. While bitcoin price slumped below 20k and later made a recovery, Memecoins hit milestone gains, with DOGE increasing by 25%. SHIB and others followed closely after DOGE.
Hoe Dogecoin en ander Memecoins vaar
Die prys van DOGE het opwaarts gestyg nadat Elon Musk die Twitter-verkryging voltooi het. Op 25 Oktober het DOGE teen $0.06 verhandel voordat dit oor die naweek na $0.1 gespring het. Die memecoin het tot 'n vyf maande hoogtepunt van $0.15 gespring voordat dit Maandag teruggesak het na $0.11.
November lyk soos 'n bultyd vir DOGE aangesien dit bo $0.15 gepomp het na 'n styging van 15%, maar staan nou op $0.13. Dogecoin was een van vele memecoins wat die bulle ervaar het terwyl ander noukeurig gevolg het. In die afgelope 24 uur het Shiba Inu meer as 8% gestyg. Shiba Inu verhandel tans teen $0.00001283 met 'n 24-uur hoogtepunt van $0.00001345. Shiba Floki Inu (FLOKI) en Baby Dogecoin het meer noemenswaardige winste aangeteken.
Binance Coin also increased significantly, adding more than 5% value daily, and is now trading at $325. Uniswap exhibited a similar price increase with BNB and surpassed the $7 mark. Similarly, Ether, XRP, Cardano, Tron, and Avalanched, are also gaining, while Solana, MATIC, and Polkadot have declined insignificantly.
Bitcoin PrysuitkykAlthough not as impressive as DOGE and other memecoins, Bitcoin, the leading cryptocurrency, did not do badly last week. Bitcoin has hovered around $19,000 levels in the previous weeks and jumped above $20,000 on Tuesday, October 25.
On two occasions, Bitcoin rose to $21,000, with Saturday’s price being the highest since September 13. However, BTC did not celebrate this comeback long before bearish sentiments took position and pushed the asset back. BTC fell to $20,500 and tended toward $20,000 on Monday, but it managed to maintain the $20k level. It is currently trading above $20,400.
Bitcoin price outlook remains strong l Source: BTCUSDT op Tradingview.comIntussen het die BTC-markkapitalisasie tot $395 miljard gedaal, en sy oorheersing het die afgelope sewe dae met 1.5% afgeneem, en verdamp tot 38.6%.
Aangesien die kripto-mark baie prysvolatiliteit het, veral met huidige makro-ekonomiese toestande, moet handelaars versigtig optree. Verder kom vier groot gebeurtenisse in die volgende tien dae, wat onsekere uitkomste in die mark kan bring.
Considering the impacts of the previous events – the release of CPI numbers and FOMC meetings—on Bitcoin, it is not wrong to expect more price volatility soon.
Die Federale Reserweraadvergadering, nie-plaasbetaalstaatdata van die Buro vir Arbeidsstatistieke, middeltermynverkiesings en die Oktober VPI-indeks kom binne die volgende tien dae.
Uitgestalde beeld van CNBC, kaarte van TradingviewOorspronklike bron: NewsBTC