The cryptocurrency market has reached a record high market capitalization of $3.12 trillion, nearing France’s GDP.
On Nov. 11, total crypto market capitalization rose by 7% in just 24 hours, largely driven by a surge in Bitcoin, which rallied to $89,500.
If the crypto market were a country, it would rank as the eighth-largest economy globally, trailing only the United States, China, Germany, Japan, India, the United Kingdom, and France.
Bitcoin’s own market cap has now surpassed $1.77 trillion, making it larger than Spain’s GDP, according to the International Monetary Fund.
The last time the crypto market cap approached $3 trillion was on Nov. 15, 2021, shortly after Bitcoin hit its previous peak of $69,000 during the 2020-2021 bull market, as reported by CoinGecko, which tracks over 15,000 coins across 1,149 exchanges.
The crypto market cap has now surpassed that of Microsoft and is closing in on Nvidia and Apple, the two most valuable companies globally, according to Google Finance data.
Bitcoin’s price rally also pushed its market cap above silver’s on Nov. 11.
Speaking with Cointelegraph, 10x Research founder Markus Thielen projected that Bitcoin’s dominance will “remain strong” as the total crypto market cap advances toward $4 trillion.
“We anticipate Bitcoin’s dominance to remain strong, with the current rally primarily centered on Bitcoin and extending toward Ethereum and Solana,” he said.
“We firmly expect Bitcoin to reach $100,000 before year-end.”
A Bitcoin price of $100,000 would bring its market cap close to $2 trillion.
However, not everyone shares Thielen’s view.
Rachael Lucas, a crypto analyst at BTC Markets, told Cointelegraph that if the crypto market moves toward $4 trillion, it will likely be driven by a “massive surge in altcoins,” which could reduce Bitcoin’s dominance.
Thielen also noted that some Solana-based tokens might outperform the market, while several top performers from the previous bull cycle may lag behind.
Currently, Bitcoin is trading at $89,478 — up 11% in 24 hours and nearing the $90,000 mark.
Crying Biden could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Crying Biden (CRYBIDEN), a new Solana memecoin that was launched today, is set to explode over 19,000% in price in the coming days.
This is because CRYBIDEN is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Crying Biden can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Crying Biden could become the next viral memecoin.
Crying Biden launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Crying Biden on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Crying Biden by entering its contract address – B3GAe7vLP11FzhNmZwuot95fwQxuVgkg6vQz2vTHNwa8 – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like CRYBIDEN.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
Donald Trump’s election win in the U.S. may not be “the main story” behind Bitcoin’s recent price surge, with an analyst pointing to a post-halving supply shock instead.
“If you’re wondering what’s happening with #Bitcoin… Yes, the incoming Bitcoin-friendly administration has provided a recent catalyst… But that’s not the main story here,” said Jesse Myers, co-founder of Onramp Bitcoin, in a post on X on Nov. 11.
“The main story here is that we are 6+ months post-halving.”
The Bitcoin halving in April reduced block rewards from 6.25 BTC to 3.125 BTC, creating a scarcity effect as fewer BTC are mined.
Myers explained that this has resulted in a supply shock, as “there’s not enough supply available at current prices to satisfy demand,” which will push the price up to achieve supply-demand equilibrium.
Bitcoin ETFs, introduced in January, have intensified this demand. On Nov. 11, U.S. Bitcoin ETFs saw a record inflow, with around 13,940 BTC purchased in a single day, compared to only 450 BTC mined.
“The only way to do that is for the price to go higher, which will flywheel into mania and a bubble, but that’s how this thing works,” Myers noted.
He emphasized that while it may seem improbable to expect a predictable bubble every four years, the halving cycle leads to predictable post-halving price surges, as seen after halvings in 2012, 2016, and 2020.
“Prices will go much higher,” Myers stated.
On-chain analyst James Check echoed these thoughts, comparing Bitcoin’s market cap to gold, which added $6 trillion over the last year but has “hundreds of billions of new and recycled supply coming to market.”
With Bitcoin’s $1.6 trillion market cap and absolute scarcity, Check predicted it would go higher.
American financier Anthony Scaramucci also weighed in, suggesting to those not already invested in Bitcoin, “It may feel like you missed it, but you didn’t. It’s early.”
He expects the U.S. to establish a Bitcoin reserve, which may inspire other countries and institutions to follow.
Currently, 94% of all Bitcoin are already in circulation or lost, leaving only about 1.2 million BTC to be mined, intensifying supply pressure.
Elon Saves USA could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Elon Saves USA (ELONUSA), a new Solana memecoin that was launched today, is set to explode over 12,000% in price in the coming days.
This is because ELONUSA is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Elon Saves USA can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Elon Saves USA could become the next viral memecoin.
Elon Saves USA launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Elon Saves USA on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Elon Saves USA by entering its contract address – D9KrpR3xa6DSLY6BLxYthi1thDpySExuNVFCaU9RtbdV – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like ELONUSA.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
Pepe Supports Trump could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Pepe Supports Trump (PEPETRUM), a new Solana memecoin that was launched today, is set to explode over 18,000% in price in the coming days.
This is because PEPETRUM is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Pepe Supports Trump can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Pepe Supports Trump could become the next viral memecoin.
Pepe Supports Trump launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Pepe Supports Trump on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Pepe Supports Trump by entering its contract address – 5dHrg7UgrrbUzSwZwDMNYiTB6ZwNv7u6wpDB75DZra7U – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like PEPETRUM.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
Bitcoin’s price surge to nearly $90,000 in early November drove a massive flow of funds into U.S. spot Bitcoin exchange-traded funds (ETFs).
On Nov. 6, Bitcoin started a bull run, skyrocketing from $69,000 to nearly $90,000 within a week. The surge, fueled by positive market sentiment and fear of missing out (FOMO), led retail and institutional investors alike to increase their Bitcoin exposure.
As a result, investments into spot Bitcoin ETFs in the U.S. for the week of Nov. 6–11 reached $2.6 billion, according to Farside Investors.
Of the 11 U.S. spot BTC ETFs, BlackRock’s iShares Bitcoin Trust attracted the highest investments, bringing in over $2 billion during this period.
Other significant ETFs contributing to the inflows included Fidelity’s Wise Origin Bitcoin Fund, the Bitwise Bitcoin ETF, and the ARK 21Shares Bitcoin ETF, which recorded inflows of $668.3 million, $180 million, and $253.2 million, respectively.
Grayscale, which previously saw substantial outflows from the ETF ecosystem, recorded a rare positive streak during the bull run.
Data from Farside Investors revealed that Grayscale’s Bitcoin ETFs — GBTC and BTC — accumulated $219.8 million in net positive inflows since Nov. 6.
Related: ‘Volmageddon’— Bitcoin ETFs, Coinbase, MicroStrategy trading volume hits $38B
The optimism extended to spot Ether ETFs as well. On Nov. 11, U.S. spot Ether ETFs reported their highest-ever daily inflows since their July launch, with $294.9 million coming in — surpassing the previous record of $106.6 million on launch day.
“After being a laggard for most of this cycle, Ethereum is starting to catch a bid,” noted BTC Markets crypto analyst Rachael Lucas in a report to Cointelegraph.
Crying Biden could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Crying Biden (CRYBIDEN), a new Solana memecoin that was launched today, is set to explode over 19,000% in price in the coming days.
This is because CRYBIDEN is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Crying Biden can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Crying Biden could become the next viral memecoin.
Crying Biden launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Crying Biden on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Crying Biden by entering its contract address – B3GAe7vLP11FzhNmZwuot95fwQxuVgkg6vQz2vTHNwa8 – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like CRYBIDEN.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
RIP Kamala could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
RIP Kamala (KAMARIP), a new Solana memecoin that was launched today, is set to explode over 14,000% in price in the coming days.
This is because KAMARIP is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, RIP Kamala can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and RIP Kamala could become the next viral memecoin.
RIP Kamala launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy RIP Kamala on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for RIP Kamala by entering its contract address – EbG73qb9mUBYeyLCJ2uTsuoX257RTjWXKjjvgzEBDr8t – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like KAMARIP.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
Elon Saves USA could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Elon Saves USA (ELONUSA), a new Solana memecoin that was launched today, is set to explode over 12,000% in price in the coming days.
This is because ELONUSA is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Elon Saves USA can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Elon Saves USA could become the next viral memecoin.
Elon Saves USA launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Elon Saves USA on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Elon Saves USA by entering its contract address – D9KrpR3xa6DSLY6BLxYthi1thDpySExuNVFCaU9RtbdV – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like ELONUSA.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
Pepe Supports Trump could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Pepe Supports Trump (PEPETRUM), a new Solana memecoin that was launched today, is set to explode over 18,000% in price in the coming days.
This is because PEPETRUM is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Pepe Supports Trump can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Pepe Supports Trump could become the next viral memecoin.
Pepe Supports Trump launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Pepe Supports Trump on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Pepe Supports Trump by entering its contract address – 5dHrg7UgrrbUzSwZwDMNYiTB6ZwNv7u6wpDB75DZra7U – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like PEPETRUM.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.