Cryptocurrency News

As Crypto Market Including Bitcoin Gains, Meme Coins Loose – Analysis.

According to data from the cryptocurrency exchange coinmarketcap.com, the world’s largest cryptocurrency with a market cap, Bitcoin (BTC), traded at around $65,902.59 USD, while the price of Ethereum (ETH), the second-largest cryptocurrency, was around $4,734.16 USD.

As Crypto Market Including Bitcoin Gains, Meme Coins Loose - Analysis.

Ethereum Price Chart – Source: CoinMarketCap

Bitcoin is up +2.38% in the last 24 hours, while ETH is up roughly +2.53% in the same time span.

As Crypto Market Including Bitcoin Gains, Meme Coins Loose - Analysis.

Bitcoin Price Chart – Source: CoinMarketCap

Binance Coin (BNB) is ranked third in the market. At the reporting time, it was trading for $647.40. In the last 24 hours, it is up 2.29% for the day. Tether (USDT) ranked fourth with a price of $1.00 as of 15th November, with a 0.06 percent increase in the previous 24 hours, according to statistics by Ccoinmarketcap.com. As of yesterday, Solana (SOL) and Cardano (ADA) were ranked fifth and sixth in terms of market capitalization.

“Following the debut of Taproot development, which promises to improve privacy, security, and flexibility through smart contracts, the market may shift next week. According to Skew, Bitcoin volatility has been steadily dropping from mid-2021 to less than a year for the time being, and Ether may experience a pullback next week. Bitbns supports Taproot development and will handle all technical requirements for BTC and us users. Bitcoin trade will be unaffected.

Despite the market slump, metaverse projects like -Sandbox (SAND) and Decentraland (MANA) are still coming together and show no indications of slowing down “Bitbns CEO and Founder Gaurav Dahake Taproot, Bi’s long-awaited development

Meme currency Shiba Inu (SHIB) saw a -0.28% percent price drop in the previous 24 hours, while Dogecoin (DOGE) saw a 1.31% price drop in the last 24 hours, despite Elon Musk’s announcement that Tesla would begin a Doge-sponsored space campaign for the month.

Shiba Inu was trading at $0.00005282 USD and Dogecoin was trading at $0.2623 USD, at the reporting time, according to coinmarketcap.com data.

As Crypto Market Including Bitcoin Gains, Meme Coins Loose - Analysis.

Shiba Inu Price Chart – Source: CoinMarketCap

RowdyRex is at the top of the NFT (non-mold) tokens list, with a capacity of 49.31 SOL, albeit it hasn’t risen in the last 24 hours, as of today, according to coinmarketcap.

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