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Best crypto newsletters 20229/24/2023 That’s right, another dog token on this month’s hot tips. Market Cap: $6.7 billion (AU$10.47 billion) – #17 overall However, Elon is notoriously unpredictable and if he keeps posting about DOGE or makes an announcement that Twitter will begin accepting it for payments - which isn’t the craziest idea if some of his leaked conversations are any sign - then investors can reasonably expect to see the DOGE rally sustained over the coming weeks. Now you might be thinking that it’s set up for a dump really soon and that’d be fair. Predictably trader’s have jumped on the action, and sent the price of the token skyrocketing upwards, with DOGE up 26% in the last 24 hours. Following Elon’s Twitter saga, the token is currently up a whopping 150% in the last seven days at the time of this writing.Įlon Musk literally just posted a not-so-cryptic Tweet of his doge sitting next to a Hallowen pumpkin, an obvious nod to Dogecoin. While it’s easy to shake your head and poke fun at the memecoin, there’s no denying that this little puppy is hot property right now. Number 2 on this month’s list is Dogecoin (DOGE). Market Cap: $20.8 billion (AU$32.3 billion) – #8 overall Price at the time of writing: $0.15 (AU$0.23) So, if we do see a return to even mild bear market conditions, it wouldn’t be crazy to think that the price of BNB would see a fairly major uptick following it. The BNB token acts in large part as fuel for the exchange’s operations. The exchange’s dominance has been expanding over the last few months, with the company establishing new offices throughout central Africa, Brazil, France, Dubai and New Zealand. Why, you might ask? Well for starters, other exchanges have begun seeing their market share decline, and at the time of writing Binance (the world’s largest exchange by daily trading volume) currently facilitates roughly 55% of all crypto transactions on any given day. Taking out the number spot for November is Binance Coin (BNB). Market Cap: $52.2 billion (AU$80.8 billion) – #2 overall Price at the time of writing: $253 (AU$392) Overall, the sentiment heading into this month is undeniably bullish, which means the following picks are all going to be extra spicy. Twitter co-founder Jack Dorsey revealed plans to launch a decentralized social media app called Bluesky Social while Bitcoin snuck into the Guiness Book of World Records. Some of the collectibles were going for upwards of $40k a pop at the height of the trend, showing that people are still more than willing to throw some substantial cash at digital assets. While news of Elon Musk’s Twitter takeover dominated the newscycle and created a pretty bullish uptrend for Dogecoin, a bunch of other possibly more important stuff happened as well.įor starters, Reddit low key onboarded three million news users into NFTs by calling them “digital collectibles” seeing millions of users create crypto wallets on the Polygon (MATIC) blockchain. Now, before we get stuck into this month’s picks, let’s take a quick look around at the most notable events that went down in crypto land so we can get a better idea of what else might happen moving forward. Looks like crypto’s back on the menu! In some much needed reprieve for the blockchain industry, crypto asset prices recuperated throughout October - or Uptober as crypto traders prefer to call it - with the total market gaining a solid 7.6% in the final few days of last month. In this monthly best cryptocurrency story
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