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Cryptocurrency News Articles
Bitcoin (BTC) Now Ranks as the World's Eighth-Largest Asset by Market Cap
Nov 19, 2024 at 08:41 pm
Bitcoin (BTC) has now become the eighth-largest asset globally by market capitalization, valued at $1.786 trillion. This places it ahead of traditional commodities like silver and major companies like Meta Platforms.
Bitcoin's market capitalization has now reached $1.786 trillion, making it the eighth-largest asset in the world. This puts it ahead of traditional commodities like silver and major companies like Meta Platforms. According to IntoTheBlock, Bitcoin is ranked among the top global assets, following gold, Apple, NVIDIA, Microsoft, Alphabet (Google), Amazon, and Saudi Aramco.
Gold remains the largest asset, with a market cap of $17.526 trillion and a $2,610 per ounce price. The tech sector dominates the top rankings, with Apple valued at $3.428 trillion, NVIDIA at $3.401 trillion, and Microsoft at $3.085 trillion. In light of the positive crypto market wave, investors are searching for affordable tokens, particularly the best altcoins to buy now.
5 Best Altcoins to Buy Now
Toncoin is trading at $5.58, reflecting a 1.08% increase in the past 24 hours. Its market capitalization has risen to $14.20 billion, a 1.09% increase. Over the same period, the 24-hour trading volume reached $332.53 million, showing a 17.72% rise. The Fully Diluted Valuation (FDV) is estimated at $28.53 billion, while the volume-to-market cap ratio is 2.34%.
The market sentiment for Toncoin appears bullish, supported by a Fear & Greed Index reading of 90, which indicates “Extreme Greed.” Over the past year, its price has surged by 136%. It has also outperformed 66% of the top 100 cryptocurrencies in the same period. Toncoin is trading well above its 200-day Simple Moving Average (SMA), currently $2.03. Its price is now 173.82% higher than this long-term benchmark. Additionally, it has recorded 17 positive trading days in the last month, reflecting steady momentum.
For November, Toncoin’s price is projected to fluctuate between $5.54 and $18.73. Analysts forecast an average price of $10.92. If prices reach this level, investors could achieve an estimated return on investment (ROI) of 236.53%. This assumes that the coin is bought at its current price and sold at the higher end of the predicted range.
2. Celestia (TIA)
Celestia (TIA) is currently priced at 5.31, showing an increase of 2.34% in the last 24 hours. The market sentiment appears neutral, while the Fear & Greed Index indicates a high “Extreme Greed” level with a score of 90. Over the last 30 days, TIA experienced 17 “green days,” meaning the daily closing price exceeded the opening price 57% of the time. The coin also demonstrates high liquidity relative to its market cap, which could make it attractive to investors.
In November 2024, market predictions suggest the possibility of an upward trend for TIA. The price could reach 10.87. The projected trading range lies between 5.56 and 18.59, reflecting market activity from the previous month. If these projections prove accurate, investors buying at current levels might see up to 249.68% returns.
As the year progresses, December 2024 forecasts indicate further growth. TIA’s price is expected to trade between 18.21 and 25.81, with an average estimated value of 22.71. If realized, this would represent a rise of 327.13% from the current price. Investors capitalizing on these trends could achieve potential returns of up to 385.41%.
3. FreeDum Fighters (DUM)
FreeDum Fighters ($DUM) is a political-themed cryptocurrency that combines blockchain technology with a gamified approach to political engagement. The project has raised over 500,000 in its presale and continues to gain momentum after the U.S. elections. By offering users a chance to vote in virtual battles between robotic versions of political figures, FreeDum Fighters mirrors the electoral process but rewards participation with cryptocurrency. MAGATRON (Trump-inspired) won 57% of the votes in the first match, while Kamacop 9000 (Harris-inspired) received 43%.
Users can also stake their tokens to earn rewards or participate in weekly debates on political topics. In these debates, the winning side receives token airdrops. These interactive features set FreeDum Fighters apart from other PolitiFi tokens by encouraging active involvement within its
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- The 10 Best Cryptos to Buy This Week
- Nov 23, 2024 at 10:25 am
- Imagine waking up to a world where your daily coffee, Netflix subscription, and even your monthly grocery bill can be paid effortlessly with digital assets. This isn't just a dream—it's the reality crypto is shaping. From Ethereum revolutionising smart contracts to Solana's lightning-fast transactions, every crypto on this list has earned its place through innovation and utility. Litecoin's reliability, Monero's privacy, or Polygon's scalability—there's something for every investor here.