Memecoin Cult Tonu: Dogecoin raua ko Shiba Inu kei te Arataki

Na NewsBTC - 1 tau ki muri - Wā Pānui: 2 meneti
Tue, Noema 1, 2022 10:27 PM

Memecoin Cult Tonu: Dogecoin raua ko Shiba Inu kei te Arataki

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.

He pehea te mahi a Dogecoin me etahi atu Memecoins

Ko te utu o DOGE kua piki ake i muri i te whakaotinga a Elon Musk i te hoko Twitter. I te Oketopa 25, i hokohoko a DOGE i te $0.06 i mua i te peke ki te $0.1 i nga wiki. I peke te memecoin ki te rima-marama teitei o $0.15 i mua i te hokinga atu ki te $0.11 i te Mane.

Ko te marama o Whiringa-a-rangi ka rite ki te wa puru mo DOGE i te mea kua eke ki runga ake i te $0.15 i muri i te pikinga 15% engari kei te $0.13 inaianei. Ko Dogecoin tetahi o nga memecoins maha i kite i nga puru i te wa e whai ana etahi atu. I roto i nga haora 24 kua pahure ake nei, kua eke a Shiba Inu i te 8%. Kei te hokohoko a Shiba Inu i te $0.00001283 me te 24-haora teitei o te $0.00001345. Ko Shiba Floki Inu (FLOKI) me Baby Dogecoin i tuhi i nga whiwhinga nui ake.

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.

Although 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.

I tenei wa, ko te putea o te maakete BTC i heke ki te $395 piriona, a kua heke tona mana ki te 1.5% i roto i nga ra e whitu kua hipa, kua heke ki te 38.6%.

I te mea he nui nga utu o te maakete crypto, ina koa me nga ahuatanga macroeconomic o naianei, me mahi tupato nga kaihokohoko. I tua atu, e wha nga huihuinga nui kei te haere mai i roto i nga ra tekau e whai ake nei, tera pea ka puta mai nga hua ohorere i te maakete.

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.

Ko te hui a te Federal Reserve, ko nga raraunga utu kore ahuwhenua o te Tari Tatauranga Reipa, ko nga pooti mo te wa waenga, me te taurangi CPI o Oketopa kei te haere mai i roto i nga ra tekau e whai ake nei.

Kuputuhi taketake: NewsBTC