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Next Cryptocurrency to Explode, November 6 — The Root Network, Apu Apustaja, Dogecoin

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The overall feeling in the market is beginning to look positive. Recently, Bitcoin (BTC) finally rose above its all-time high of $73K, fluctuating between $74K and $75K. Meanwhile, Ethereum (ETH) is striving to stay above $2,600 once more as investors still anticipate the next bull run. Determining the next cryptocurrency to explode might be challenging as most funds are attracted to pumping assets. However, this article will explore the performance of cryptocurrencies with much growth potential, especially during the Uptober bull run. The objective is to identify coins with some potential and inform investors and traders about each token.  Next Cryptocurrency To Explode Today’s article discusses the performance of potentially explosive cryptos that investors should add to their watchlist. It also includes a special mention of Memebet Token. This new Telegram-based betting platform allows users to bet using meme coins for the first time, generating excitement among crypto enthusias

Bitcoin Price Prediction: BTC Sets New All-Time High As Donald Trump Closes On Victory In US Election, While Investors Flock To This PolitiFi Token With 737% Staking APY

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The Bitcoin price surged 9% in the last 24 hours to trade at $74,861 as of 00:32 a.m. EST on trading volume that skyrocketed 102% to $91 billion. This comes after the BTC price hit a new all-time high (ATH) of $75,361 as early US election results indicated Donald Trump is set to win the race for the White House. This topped the previous Bitcoin high set in March that followed the market euphoria after the launch of spot Bitcoin ETFs (exchange-traded funds) in the US. #Bitcoin has just set a new all-time high, surpassing its previous record of $73.77K! pic.twitter.com/MzmReCsIbI — Binance (@binance) November 6, 2024 Trump’s odds of winning the election surged by 37% to a record 96.9% on Polymarket, while Harris’s plunged to just 3.4% . Bitcoin Price To Continue Soaring The Bitcoin price is moving within an ascending channel, as highlighted by the two parallel trend lines. This channel suggests a bullish trend, with higher highs and higher lows forming since late September

Peanut The Squirrel Price Prediction: PNUT Plummets 8% As Investors Pivot To This PEPE Upgrade For Parabolic Gains

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The Peanut The Squirrel price slumped 8% in the last 24 hours to trade at $0.04952 as of 3.50 a.m. EST on trading volume that plummeted 50% to $77.43 million. The project was inspired by a beloved pet that became an internet sensation after being seized and euthanized by New York State’s Department of Environmental Control. The popular squirrel already had more than 500,000 followers on Instagram, a figure that has skyrocketed to 751k since the incident. Both Peanut and Fred the raccoon were seized after multiple anonymous complaints. The DEC also claimed that Peanut bit an investigator on the hand while being confiscated from his home. Internet communities rallied behind the squirrel, and before long a meme coin project commemorating his struggle emerged. So far, the PNUT token has seen quite a volatile price following its launch. The question now is where is the price going from here? Peanut The Squirrel Price Prediction While the PNUT price is moving up and down rather quickly,

Shiba Inu: How High Will SHIB Surge In November 2024?

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Shiba Inu (SHIB) entered November as it moved up a spot on the cryptocurrency list. The meme coin saw a slight surge in market cap and took over Avalanche (AVAX) as the 12th-largest cryptocurrency. SHIB’s market value currently stands at $9.89 billion. Sadly, the asset witnessed a dip over the weekend. Also Read: How High Bitcoin(BTC) May Pump If Trump Wins The US Elections? How Is Shiba Inu Faring Now? The second-largest meme coin in the market saw a significant drop over the past couple of days following a great week. The asset rose to a high of $0.00001950 last week. But at press time, Shiba Inu traded at $0.00001677 following a 2% drop over the past 24 hours. Source Despite this plunge, the sentiment in the meme coin market seemed optimistic. According to CoinMarketCap’s Community Sentiment, most of the SHIB Army was bullish. Of 43661 votes, 88% were optimistic about Shiba Inu surging in the coming days. A dainty 12% of the crowd seemed to be bearish about this. Source Also Read: C

CryptoQuant CEO Says Stablecoins Now Being Mostly Used for Purposes Other Than Exchange Trading

The chief executive of digital asset insights firm CryptoQuant says stablecoins are witnessing increased adoption via use-case expansion. CryptoQuant’s Ki Young Ju tells his 368,500 followers on the social media platform X that the total market cap of stablecoins is exploding for reasons other than digital asset trading on exchanges. The on-chain analyst’s data shows that only about one in five stablecoins are being used to buy and sell crypto. “In September 2021, exchange stablecoin reserves exceeded $30 billion. From this point, I considered the stablecoin market to be sufficiently grown, making comparisons from this time valid. Today, the stablecoin market cap is $166 billion, mainly used for storage or remittances, with only 21% held on exchanges (down from over 50% in 2021). The total stablecoin market cap is growing, but most of the new supply is used for purposes other than trading on exchanges.” Ki Young Ju notes that people across the globe are beginn

Perplexity AI predicts Nvidia stock price amid SMCI turmoil

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As Nvidia (NASDAQ: NVDA) navigates the turbulence caused by Super Micro Computer Inc. (NASDAQ: SMCI)’s recent crisis, Perplexity AI has weighed in with predictions on the chipmaker’s stock price. The AI platform analyzed current market conditions, offering both bullish and bearish scenarios for Nvidia’s future amid the unfolding SMCI turmoil. The turmoil began when Super Micro’s auditor, Ernst & Young, resigned due to concerns over the company’s financial practices. This news sent shockwaves through the market, causing SMCI’s stock to plummet by over 29%, trading near $34.68. Nvidia, a major supplier to Super Micro, felt the impact as its stock dropped 4% to $136. Meanwhile, Mizuho analyst Jordan Klein warned of potential repercussions for Nvidia. He cautioned that “if Super Micro’s issues escalate and hinder their ability to fund operations, Nvidia might miss its own forecasts.” Klein suggested that Nvidia is likely to shift most of its GPU supply away from Super Micr

WuBlockchain Weekly: Bitcoin White Paper’s 16th Anniversary, CZ’s First Statement Post-Release, DWF Partner Implicated in Drink-Spiking Scandal, etc

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1. Bitcoin White Paper’s 16th Anniversary on October 31 link October 31 marks the 16th anniversary of the Bitcoin whitepaper’s release. On this date in 2008, Bitcoin’s mysterious and anonymous creator, Satoshi Nakamoto, introduced the world to this cryptocurrency and its applications. The nine-page paper, titled “Bitcoin: A Peer-to-Peer Electronic Cash System,” laid out the foundational structure of the Bitcoin network. 2. CZ Attends Binance Blockchain Week, Expresses No Interest in Returning as CEO link On Thursday, CZ made an appearance at the Binance Blockchain Week event and delivered a keynote speech. He stated that he has no intention of returning to his role as Binance CEO and is currently focused on two main areas: education and investment. His investments span blockchain, AI, and life sciences. CZ also shared that life in detention was “not good,” as he had no freedom, but he gained new perspectives. He humorously noted that some guards asked him which cryptocurrencies to buy

Bitcoin set to make the highest monthly close ever

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Bitcoin (BTC) is on course to realize the ‘Uptober’ phenomenon, with the maiden cryptocurrency set to achieve a monthly close on record.  Indeed, this momentum emerged after Bitcoin began the month by posting a lackluster performance as bulls battled to breach $70,000. At press time, the asset was trading at $71,152, reflecting a monthly gain of about 14%, marking the best monthly close ever.  Picks for you Gold price prediction for 2025 4 mins ago Nexo announces a major rebrand as an all-encompassing digital asset wealth platform 1 hour ago Pudgy Penguins and Mythical Games reveal  Pudgy Party, a new AAA mobile game

Pundit Predicts 3 Altcoins to Outperform XRP and Cardano

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Market analyst Murad suggests that altcoins backed by dedicated communities could mirror the success of XRP’s 110,233% surge and Cardano’s 16,656% rally. These crypto investment opportunities stem from analyzing holder behavior patterns similar to previous market cycles. You want to Buy coins with the most DELUSIONAL, STUBBORN and RELENTLESS holders This is why $BTC, $XRP, $ADA, $LINK, $DOGE did extremely well This is why #SPX6900, $GIGA, $APU, $MOG, #BITCOIN will do extremely well — Murad (@MustStopMurad) October 28, 2024 Also Read: Meta (META) Q3 Earnings: Record Highs & Heavy Spending – What’s Next? Creative Crypto Picks: Altcoins Set to Outperform XRP and Cardano 1. SPX6900 (SPX) Currently at $0.835804, SPX6900 displays strong indicators with a bullish sentiment and 62.98 RSI. The 3-month prediction points to $2.96, showing a 244.41% increase. While analysts expect these coins to outperform XRP in the coming months, market data suggests steady growth with a 50-day SMA holding