BTC hits yet another ATH near $94K

BTC hits yet another ATH near $94K

Hot projects + Market overview

I. Mainstream exchange news

  • Coinbase International has launched the MagicEden token ME on the pre-market trading.
  • WOO X introduces George AI, pioneering an agentic AI paradigm tailored to meet individual user needs, marking the beginning of expansive, personalized AI services within its ecosystem.
  • Bitget has listed the Ai16zeliza (eliza) token in the Innovation, AI, and Meme Zone.
  • Binance pre-market has listed the Usual (USUAL) token, the highest bid so far was at $0.478.
  • Bybit has listed the PEAQ/USDT and LUCE/USDT perpetual contracts with up to 12.5x leverage, and its Bybit ByVotes has launched the LUCE event with a total prize pool of 1,155,386 LUCE.
  • OKX has listed the DOG/USDT perpetual contracts.
  • HTX has listed the eliza (Ai16zeliza) token and has opened deposit services.

II. Mainstream projects and trending events

  • Arthur Hayes, former CEO of BitMEX, has endorsed WORM, a memecoin in the DeSci track.
  • Vitalik, co-founder of Ethereum, replied to a post on social media, saying that many people in the Ethereum ecosystem like Moodeng.
  • Elon Musk has posted a personal portrait with the title 'The Dogefather' on his X account.
  • Tether Treasury, the entity overseeing the issuance of the USDT stablecoin, minted an additional 1 billion USDT on the Ethereum network.
  • Decentralized derivatives trading platform dYdX has announced the launch of dYdX Unlimited, supporting unlicensed markets.
  • Magic Eden co-founder and CEO Jack Lu has said that the TGE of its ME tokens will be launched in a few weeks.
  • ai16z co-founder has launched a new memecoin ELIZA, with 10% allocated for an airdrop to ELIZA holders on vvaifu.fun, and it is suspected that the internal wallets of ELIZA insiders have already made an unrealized profit of $4.66 million, with a return rate exceeding 2400 times.
  • Virtual Protocol, a decentralized platform that focuses on leveraging artificial intelligence and blockchain technology, has launched an AI agent Launchpad named Agentstarter to help founders provide necessary resource integration.
  • Elon Musk's proposed US Department of Government Efficiency (DOGE) is planning to develop a mobile app to make it easier for taxpayers to file their returns for free.
  • USDS stablecoin has been launched on Solana. 
  • Grayscale has announced that the options trading for its two Bitcoin spot ETFs, GBTC and Mini BTC, will begin on November 21.
  • BlackRock’s BUIDL token will be the first token issued by Securitize to be part of this deUSD RWA Institutional Program.

III. Funding news

  • Crypto AI startup OpenLayer has completed a $5 million seed round, participated by a16z CSX.
  • DeFi liquidity solution Barter has completed a $3 million seed round, led by Maven11.
  • Emotional world assets project Luluchain has completed a $5 million institutional round led by DG Capital.
  • Stablecoin infrastructure platform Noble has completed a $15 million Series A round led by Paradigm.
  • Decentralized AI cloud service Heurist has completed a $2 million funding round participated in by Amber Group.

IV. Regulatory news

  • The Shanghai High People's Court has stated that holding virtual currency is not illegal for individuals, but commercial entities must not participate in virtual currency investment or token issuance without authorization.

V. Popular projects 

Market overview

Bitcoin has reached a new high of $93,905, with its market dominance climbing to 60.4%.

Altcoins are generally falling as liquidity concentrates in Bitcoin, suggesting the market could be nearing a peak if BTC stops setting new highs. A pullback in Bitcoin could lead to increased bearish sentiment for altcoins.

The one-hour moving average (MA140) at $90,569 acts as a critical boundary line for bearish risks.

CHILLGUY: Viral meme dog

Chill Guy, a meme represented by a dog in jeans with hands in pockets, exudes a calm demeanor.

It went viral through a TikTok meme contest where users integrated its image into various scenarios, boosting its social media spread.

The token holds a market cap of $196 million.

JUNO: Rising star in the Cosmos ecosystem

Launched in 2021, Juno Network is the first smart contract platform in the Cosmos ecosystem, enabling developers to freely create dApps with smart contracts similar to Ethereum.

Juno offers an interoperable smart contract network with scalability up to 10,000 transactions per second (TPS).

Built on the Cosmos SDK and utilizing the Tendermint consensus algorithm, Juno has recently seen a rapid price surge, reaching a market cap of $46 million.

MOODENG: Viral hippo meme

MOODENG, a hippo-themed memecoin built on the Ethereum ecosystem, is inspired by a young hippo from a Thai zoo.

Following the surge of its counterpart on Solana and the fondness of Ethereum community expressed by Vitalik, MOODENG on Ethereum has also gained popularity.

The token's market cap is currently $128 million.

BSC ecosystem memes surge amid falls on Solana and Ethereum

While most memes on Solana and Ethereum are experiencing drops, BSC's WYH and CHEEMS have seen substantial increases in trading volume and price. 

Currently, WHY has a market cap of $88.7 million, and CHEEMS is valued at $173 million.

This trend signals a potential shift in memecoin dynamics, warranting close monitoring of future market movements.

Aura: Cat meme thriving on Solana

Aura, a cat-themed meme on Solana, showcases a "soul-leaving" cat that has captivated over 250 million views on TikTok.

Since its launch on May 30, the token has risen over 70x, with $2.6 million in on-chain liquidity and a market cap of $400,000.

On-chain daily

1. Chillguy: Chillguy is a memecoin on the Solana blockchain, recently trending on TikTok. The concept features a calm cartoon character suitable for any emergency scenario, symbolizing composure and ease. The project has completed its CTO.

2. MENG: MENG is a memecoin on the Solana blockchain, inspired by TikTok. It features a viral rabbit influencer with 15.8 million followers on TikTok.

3. WAIT: WAIT is a memecoin on the Solana blockchain featuring a popular TikTok phrase. Videos with related themes have surpassed 3.8 billion views on the platform.

  • On-Chain Token Holding Addresses: 6,795+
  • Current Price: $0.0164
  • Market Cap: $16.5 million
  • Official Twitter: https://x.com/WAITOnSol

4. HUZZ: HUZZ is a memecoin on the Solana blockchain, popularized by the Twitch streamer Kai Cenat. The term "Huzz" refers to women and gained traction from TikTok videos where groups of men greet women with "Greeting Huzz."

5. MOODENG: MOODENG is a memecoin on the Ethereum blockchain, featuring a viral Thai pygmy hippo influencer. The hippo gained renewed attention after Vitalik Buterin visited the Thai zoo during DevCon and tweeted about the community's fondness for MOODENG.

6. Cheems: Cheems is a memecoin on the BNB Chain, featuring the classic meme Shiba Inu, now paying tribute to the late icon. The project is supported by prominent NFT whale Christian.

Bitcoin Ecosystem Overview

BTC Mainnet Gas Fee Update:

  • Current BTC Transaction Fee: 4 satoshis/byte
  • Gas fees have slightly rebounded but remain sluggish overall.

Fractal Bitcoin Gas Fee Changes: 

  • Current Transaction Fee: 1 satoshi/byte
  • Gas fees remain low with no signs of recovery or upward trend.

Inscription, Rune, and Fractal Bitcoin Leading Token Tracking:

ORDI:

  • Current Price: $37.59
  • 24-Hour Change: +0.98%
  • Market Cap: $788.81M

DOG:

  • Current Price: $0.008205
  • 24-Hour Change: +14.99%
  • Market Cap: $823.06M

FB:

  • Current Price: $4.89
  • 24-Hour Change: -8.91%
  • Market Cap: $30.97M

Today's Popular Projects:

MoonCats: A fractal Bitcoin inscription themed around "Moon Cats." The project has a large community.

  • Current Market Cap: $760.6K
  • 24-Hour Trading Volume: $4.76K
  • 24-Hour Change: -11.75%
  • Number of Holders: 31,618

𝛑 (Pi): One of the leading inscription tokens. It is currently in a post-increase correction phase and has a large community.

  • Current Market Cap: $592.41M
  • 24-Hour Trading Volume: $2.4M
  • 24-Hour Change: -5.82%
  • Number of Holders: 37,425

SKYNET•NEURAL•AI: A Rune token with an AI theme. The community is highly active, and market sentiment is strong.

  • Current Market Cap: $3.48M
  • 24-Hour Trading Volume: $282.07K
  • 24-Hour Change: +309.5%
  • Number of Holders: 1,442

Performances of today's top three tracks

CeFi: Overall daily sector change: +0.1%

1. LEO: LEO is a utility token created for use on Bitfinex and its parent company iFinex's other trading platforms.

  • Daily Increase: 9.84%
  • Current Price: $8.528
  • Current Market Cap: $7.89B
  • 24-Hour Trading Volume: $2.56M

2. WBT: WhiteBIT is a cryptocurrency exchange offering spot trading, margin trading, futures trading, WhiteBIT Coin, WhiteBIT Earn, and Crypto Borrow products and features.

  • Daily Increase: 8.04%
  • Current Price: $23.757
  • Current Market Cap: $3.42B
  • 24-Hour Trading Volume: $34.89M

3. CRO: Cronos is an EVM-compatible chain developed by Crypto.org.

  • Daily Increase: 6.09%
  • Current Price: $0.17828
  • Current Market Cap: $4.84B
  • 24-Hour Trading Volume: $119.14M

PayFi: Overall daily sector change: -2.03%

1. CLV: CLV is a one-stop infrastructure platform for cross-chain and decentralized applications. The CLV chain is a dedicated Layer 1 chain based on Substrate, EVM-compatible, and interoperable across chains.

  • Daily Increase: 15.51%
  • Current Price: $0.08875
  • Current Market Cap: $88.75M
  • 24-Hour Trading Volume: $118.4M

2. KASTA: Kasta is a cryptocurrency payment app that allows users to quickly and easily send, receive, and trade cryptocurrencies.

  • Daily Increase: 9.02%
  • Current Price: $0.02467
  • Current Market Cap: $16.47M
  • 24-Hour Trading Volume: $174.58K

3. ZPAY: Blazpay is an end-to-end payment solution with a variety of products tailored for individuals and businesses.

  • Daily Increase: 6.51%
  • Current Price: $0.00573
  • Current Market Cap: $2.25M
  • 24-Hour Trading Volume: $98.64K

RWA: Overall daily sector change: -2.29%

1. NXRA: AllianceBlock is an infrastructure provider for decentralized tokenized markets. It supplies liquidity to businesses and allows them to compliantly issue, manage, and trade tokenized digital assets, including real-world assets (RWA).

  • Daily Increase: 35.42%
  • Current Price: $0.03842
  • Current Market Cap: $30.4M
  • 24-Hour Trading Volume: $350.26K

2. VSYS: V Systems is a universal blockchain database for decentralized applications.

  • Daily Increase: 18.97%
  • Current Price: $0.00155
  • Current Market Cap: $4.71M
  • 24-Hour Trading Volume: $910.75K

3. CFG: Centrifuge is a decentralized asset financing agreement that unlocks the liquidity of real-world assets, allowing borrowers to finance their real-world assets without banks or other intermediaries.

  • Daily Increase: 18.64%
  • Current Price: $0.4048
  • Current Market Cap: $204.6M
  • 24-Hour Trading Volume: $5.27M

Disclaimer

The development and market cap of stablecoins mentioned in the above content is 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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