BTC is testing new highs, hitting $93,265

BTC is testing new highs, hitting $93,265

Hot projects + Market overview

I. Mainstream exchange news

  • WOO X has launched the RSR/USDT, BAND/USDT, ONT/USDT, NAVX/USDT, ACT/USDT, and BRETT/USDT perpetual contracts.
  • Upbit has listed the PEPE/KRW trading pair.
  • Coinbase has listed Pepe Coin (PEPE).
  • Coinbase Wallet has acquired stablecoin studio Utopia Labs to accelerate its on-chain payments roadmap within the platform, planning to introduce a "Tap to Pay" crypto solution.
  • HashKey Global has launched ACT/USDT and PNUT/USDT perpetual contracts.
  • Binance Futures has launched HIPPO/USDT and 1,000 X/USDT perpetual contracts with up to 75x leverage.
  • Bitget Wallet has launched the "BWB Center", empowering its platform token BWB.
  • HTX has listed PNUT/USDT and ACT/USDT perpetual contracts with up to 20x leverage.
  • Bybit has introduced the community voting mechanism ByVote, with the first project being NEIROCTO.
  • OKX has listed SWELL/USDT perpetual contracts.

II. Mainstream projects and trending events

  • Elon Musk has commented on X, stating that America was "saved by a squirrel and a memecoin" and describing Dogecoin's fixed inflation rate as a feature, not a bug, while also releasing a logo for the "Department of Government Efficiency" (DOGE), featuring a Shiba Inu image with the department's name.
  • Solana NFT marketplace Tensor is set to launch Vector.fun, a SocialFi app that aims to redefine token trading with social engagement.
  • Blackrock will launch BUIDL, the largest blockchain-based money market fund, on Aptos, a next-generation Layer 1 blockchain.
  • Cellula virtual mining project had a TGE on November 14.
  • Swell L2, the restaking yield layer, has launched Devnet, a permissionless network for testing the core functionality of Swell L2.
  • Ethereum Layer-2 network Linea will launch its LINEA token by the end of Q1 2025.
  • Rooter, the founder of Save and Suilend had highlighted that the development speed on Sui is notably faster than on Solana, with the former being twice as quick.

III. Funding news

  • Health startup Pulse has completed a $1.8 million pre-seed round, led by Lemniscap.
  • DeSci project BIO Protocol has completed community token funding Genesis Round 2.5, raising a total of $2.9 million in this round.
  • Blockchain-embedded asset financing platform Tranched has completed a $3.4 million funding round, led by Speedinvest.
  • Bitwise has acquired the Ethereum staking service, Attestant.
  • Crypto AI startup 0G Labs has completed a $40 million seed round, participated by Hack VC, and secured a $250 million token purchase commitment.

IV. Regulatory news

  • Polymarket has been investigated by the US Justice Department for allegedly letting US users bet on the platform.

V. Popular projects 

Market overview

Bitcoin is currently testing its new highs, recently reaching up to $93,265.

As long as BTC remains above the support level of $87,654, no short-term top is assumed.

However, a drop below this level may indicate the rally from $69,732 has ended, with a likely pullback range between $76,000 and $85,000.

OPK: Squirrel-themed memecoin inspired by Musk

OPK, a squirrel-themed memecoin, is inspired by Elon Musk’s tweet about Obi PNut Kenobi. 

The memecoin features a squirrel with a lightsaber and cape, mirroring the rise of the peanut-themed memecoin PNUT.

OPK has quickly surged 15 times in value, achieving a market cap of $40.85 million.

BERT: A rising meme star

BERT, a memecoin inspired by Bertram—a bear-like Pomeranian abandoned as a puppy and later known for his art gallery visits, now supports the AI-driven platform Woofhub.

Woofhub connects shelter dogs with prospective owners through real-time adoption alerts, also boosting awareness for shelters.

BERT has $9.66 million in on-chain liquidity and a market cap of $41.55 million.

SHOGGOTH: The AI lore giant

Shoggoth, a creature from the Cthulhu Mythos created by American author H.P. Lovecraft, first appeared in his story "At the Mountains of Madness. 

Beyond its literary roots, Shoggoth has evolved into a significant symbol in AI discussions, earning the title of "the most important meme in AI" by The New York Times.

 

The SHOGGOTH token has reached a market cap of $78 million.

NIKO: AI meme in Ton ecosystem

NIKO, an early AI memecoin within the Ton ecosystem, draws inspiration from Telegram co-founder Nikolai Durov.

With a total supply of one billion tokens, NIKO has no team allocation and is fully distributed to the community.

NIKO currently has a market cap of $138 million.

SHRUB: Memecoin inspired by Musk's pet

SHRUB is inspired by Elon Musk's pet and Tesla's mascot, and is fully community-driven.

The community has embraced SHRUB, creating a variety of fan-made content using its image.

The token has $2.7 million in on-chain liquidity and a market cap of $170 million.

TERMINUS: Mars-Inspired memecoin

TERMINUS is named after the first human city on Mars, a concept Elon Musk has referenced from science fiction author Isaac Asimov's Foundation series.

Musk envisioned TERMINUS as "the new frontier for humanity" after SpaceX's future Mars mission. 

The token has $1.4 million in on-chain liquidity and a market cap of $35.87 million.

SUWI: Trending Solana-based memecoin

SUWI is a Solana-based memecoin created by Petriky, a founder passionate about 3D animation and video production.

The project aims to create positive, shareable content for platforms like TikTok and Instagram.

The token currently has $1.1 million in on-chain liquidity and a market cap of $34 million.

NOMNOM: Hungry hamster meme on Solana

NOMNOM is a Solana-based meme featuring a hungry hamster, with the community actively contributing through assets like emojis, avatar creators, and related games.

The project has a total supply of 1 billion tokens, with all liquidity burned, and strong community engagement.

The token currently has $1.8 million in on-chain liquidity and a market cap of $56 million.

🦅: Polymarket meme Inspired by political tension

 

The 🦅 meme originates from a tweet by Polymarket's founder Shayne Coplan, who expressed frustration over FBI scrutiny from the US Democratic Party after the election results.

Coplan emphasized freedom and used the eagle emoji to make a point.

Elon Musk's reply sparked a surge in the token's value, which has $1 million in on-chain liquidity and a market cap of $28 million.

On-chain daily

1. SOLITO: SOLITO is a memecoin on the Solana blockchain, featuring a popular internet dog.

  • On-Chain Token Holding Addresses: 2,787
  • Current Price: $0.001248
  • Market Cap: $1.2 million
  • Official Twitter: https://x.com/solito_coin

2. Jorgie: Jorgie is a memecoin on the Solana blockchain, featuring a pet monkey seized by the police, conceptually similar to the trending squirrel-themed memes. It was announced as a full community takeover on November 13.

3. MAYA: MAYA is a memecoin on the Solana blockchain, featuring a Samoyed dog wearing a Christmas hat.

  • On-Chain Token Holding Addresses: 11,813
  • Current Price: $0.008489
  • Market Cap: $7.7 million
  • Official Twitter: https://x.com/mayasolcoin

4. Wally: Wally is a memecoin on the Solana blockchain, featuring another squirrel pet of the recent viral squirrel meme, punt. It was announced as a full community takeover on November 4.

5. BABYPNUT: BABYPNUT is a memecoin on the Solana blockchain, featuring a baby version of the viral squirrel, punt.

6. PNUT: PNUT is a memecoin on the Ethereum blockchain, featuring a tribute to the euthanized squirrel named pnut. It was announced as a full community takeover on November 3.

Bitcoin Ecosystem Overview

BTC Mainnet Gas Fee Update:

  • Current BTC Transaction Fee: 20 satoshis/byte
  • Although there has been a slight increase in Bitcoin prices, the Gas Fees have remained low overall, indicating that the Bitcoin ecosystem has not yet gained widespread favor.

Fractal Bitcoin Gas Fee Update:

  • Current Transaction Fee: 3 satoshis/byte
  • Gas fees have dropped significantly and remained low recently, reflecting a lack of interest in the fractal Bitcoin sector.

Inscription, Rune, and Fractal Bitcoin Leading Token Tracking:

ORDI:

  • Current Price: $41.94
  • 24-Hour Change: +5.5%
  • Market Cap: $879.19M

DOG:

  • Current Price: $0.0037
  • 24-Hour Change: -10%
  • Market Cap: $390.5M

FB:

  • Current Price: $4.22
  • 24-Hour Change: -10.72%
  • Market Cap: $24.84M

Today's Popular Projects:

PizzaCow: A Fractal Bitcoin inscription, PizzaFarm’s first token for rewarding liquidity providers.

  • Current Market Cap: $4.52M
  • 24-Hour Trading Volume: $34.59K
  • 24-Hour Increase: +13.67%
  • Number of Holders: 1,122

𝛑 (Pi): A leading inscription token showing an overall uptrend in market cap over the past month, with a large and growing community.

  • Current Market Cap: $596M
  • 24-Hour Trading Volume: $9M
  • 24-Hour Increase: +46%
  • Number of Holders: 32,618

BITCOIN•BRO•BEAR: A Rune token featuring an athletic bear character, promoted by several Western KOLs.

  • Current Market Cap: $4.52M
  • 24-Hour Trading Volume: $34.59K
  • 24-Hour Increase: +13.67%
  • Number of Holders: 1,122

Performances of today's top three tracks

Meme: Overall daily sector change: +12%

1. PNUT: A memecoin on the Solana blockchain, featuring the American internet-famous squirrel "Peanut," who was "arrested" and euthanized this week by New York state environmental officials. The public backlash over the authorities' actions has seen support from Elon Musk and Donald Trump, elevating the token as a symbol in the political divide between Democrats and Republicans, making it a new Musk & Trump-themed coin.

  • Daily Increase: 352%
  • Current Price: $2.32
  • Current Market Cap: $2.3B
  • 24-Hour Trading Volume: $6B
  • Recent News: Listed on Binance

2. BAN: A Solana-based memecoin inspired by Maurizio Cattelan's anti-traditional art piece Comedian, first exhibited at Art Basel Miami Beach in 2019.

  • Daily Increase: 171%
  • Current Price: $0.215
  • Current Market Cap: $39.5B
  • 24-Hour Trading Volume: $13B
  • Recent News: Null

3. LUCE: A memecoin on the Solana blockchain, featuring a mascot created by the Vatican ahead of the Holy Year celebrations in 2025. Rumors suggest the token might be listed on Binance.

  • Daily Increase: 130%
  • Current Price: $0.286
  • Current Market Cap: $286M
  • 24-Hour Trading Volume: $194M
  • Recent News: Null

Layer 1: Overall daily sector change: +1.3%

1. VLX: Velas is an EVM blockchain and open-source platform for decentralized projects and applications, capable of processing up to 75,000 transactions per second with instant finality, low transaction fees, and Solidity support.

  • Daily Increase: 27%
  • Current Price: $0.0174
  • Current Market Cap: $46M
  • 24-Hour Trading Volume: $2M
  • Recent News: Null

2. OKT: OKX Chain (OKC) is a secure, programmable smart contract platform for decentralized applications, powered by OKX.

  • Daily Increase: 27%
  • Current Price: $8.97
  • Current Market Cap: $160M
  • 24-Hour Trading Volume: $10M
  • Recent News: Null

3. SOUL: Phantasma blockchain, featuring staking mechanisms, a dual-token system, sustainable tokenomics, and eco-friendly smart NFTs, provides solutions for communication, entertainment, marketplaces, and on-chain storage for dApp creators and enterprises.

  • Daily Increase: 24%
  • Current Price: $0.134
  • Current Market Cap: $16.7M
  • 24-Hour Trading Volume: $894K
  • Recent News: Poltergeist Lite Wallet v1.2.0 released

Payment: Overall daily sector change: +1.6%

1. XVG: Verge improves on the original Bitcoin blockchain's anonymity, offering five different proof-of-work algorithms for mining, including Lyra2rev2, Scrypt, X17, blake2s, and myr-groestl.

  • Daily Increase: 11%
  • Current Price: $0.00495
  • Current Market Cap: $81M
  • 24-Hour Trading Volume: $28M
  • Recent News: Launched Buy/Swap feature on the website

2. XEC: Formerly Bitcoin Cash ABC (BCHA), eCash is a fork of Bitcoin and Bitcoin Cash (BCH), aimed at enabling peer-to-peer payments and interoperability with other networks.

  • Daily Increase: 7.8%
  • Current Price: $0.0000425
  • Current Market Cap: $841M
  • 24-Hour Trading Volume: $90M
  • Recent News: Heartbeat upgrade scheduled

3. ZPAY: Offers end-to-end crypto payment solutions for online and in-store shopping. ZoidPay allows retail customers to use cryptocurrency to purchase goods and services from online retailers like Amazon, Walmart, and eBay.

  • Daily Increase: 6.5%
  • Current Price: $0.00573
  • Current Market Cap: $2.25M
  • 24-Hour Trading Volume: $78K
  • Recent News: Launched staking feature

Disclaimer

The development and market cap of stablecoins mentioned in the above content are speculative and based on market analysis at the time of writing and should not be interpreted as guaranteed outcomes. Market conditions can fluctuate widely and unpredictably due to numerous factors such as regulatory changes, market demand, and global economic developments. 

The information provided in this article is for general informational purposes only and does not constitute financial, investment, legal, or professional advice of any kind. While we have made every effort to ensure that the information contained herein is accurate and up-to-date, we make no guarantees as to its completeness or accuracy. The content is based on information available during writing and may be subject to change.

Please note that this article includes references to third-party websites and data during provided solely for convenience and informational purposes. We do not endorse or assume any responsibility for the content, accuracy, or reliability of any information, products, or services offered by third parties.

Cryptocurrencies involve significant risk and are NOT suitable for the majority of investors. The value of digital currencies can be extremely volatile, and you should carefully consider your investment objectives, level of experience, and risk appetite before participating in any staking or investment activities.

We strongly recommend that you seek independent advice from a qualified professional before making any investment or financial decisions related to cryptocurrencies. We shall in NO case be liable for any loss or damage arising directly or indirectly from the use of or reliance on the information contained in this article.

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