2024-11-20 03:17 |
In just one hour, $ELIZA surged to a staggering market value of $80 million, epitomizing the frenzy of memecoins. Unfortunately, for many investors, its rapid ascent mirrors the speed at which they’ve seen losses pile up.
Similar to Notcoin - Blum - Airdrops In 2024
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Аналог Notcoin - Blum - Играй и зарабатывай Монеты
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In a remarkable turn of events, CHILLGUY, a memecoin launched just 12 days ago, has reached a staggering market cap of $650 million, hitting a new all-time high today. The token’s meteoric rise has been further fueled by listings on prominent exchanges, including Bybit, Gate.
Dogecoin and several top meme coins have cooled off buying in the past week as the global crypto market undergoes a short correction. Amid a slight price recovery today, things are now looking positive on the day.
Data, however, show no uptick in Runes protocol on chain metrics as of Monday. Onchain metrics typically follow social activity and narratives, with prices leading afterward.
Some claim a new wave of big-money tokens are backed by sentient AI bots. But that's not the reality.
Dominance refers to the ratio between the market capitalization of BTC to the total market capitalization of all cryptocurrencies combined and is often used as a gauge for market sentiment. PLUS: Some Solana tokens are up as much as 70%.
Solana was the best-performing asset in the CoinDesk 20 Index through the week, advancing 11%, while BTC and ETH declined.