Shiba

Cryptocurrency

Solana

Bitcoin

Coin

<p style="text-align: justify">We experienced an exciting week for the cryptocurrency markets, with double-digit gains seen in altcoins. However, BTC is still hovering around $43,900. Some altcoins saw three-digit increases over the past seven days. Prices that increased by over 100% offer great opportunities to investors, especially at the beginning of the bull season. So, what are the current expectations for the stars of the week?</p>
<h2 style="text-align: justify" id="bonk-coin-analysis">BONK Coin Analysis</h2>
<p style="text-align: justify">BONK, which experienced a surprising increase of 207.24% on a weekly basis, became the most profitable asset among the top 200 cryptocurrencies. It even rose to the top 100 cryptocurrencies. The excitement brought by the airdrop on the Solana network revived demand.</p>
<p style="text-align: justify">BONK, which left behind FLOKI, the third largest meme coin by market value, now sits in the leader’s seat right after DOGE and <a href="https://en.coin-turk.com/shiba-inu-team-announces-shib-hackathon/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Shiba</a> Coin. The price set its ATH level at $0.0000148. If it can maintain the $0.00001 region, the rise may continue.</p>
<p style="text-align: justify"><img decoding="async" class="wp-image-286992 aligncenter" src="https://coin-turk.com/wp-content/uploads/2023/12/BONKUSDT_2023-12-10_08-56-16.png" alt="" width="1202" height="561"></p>
<p style="text-align: justify">In the scenario of a decline, a pullback down to $0.0000098 and $0.0000073 is possible.</p>
<h2 style="text-align: justify" id="btt-coin-analysis">BTT Coin Analysis</h2>
<p style="text-align: justify">The increase in BTT price became possible with the Tron network surpassing the threshold of 200 million users. The network, which is heavily used for USDT transfers, is quite active. Interestingly, this announcement did not directly affect Tron, but it did affect BTT, the native token of BitTorrent, which was purchased by Tron in 2018.</p>
<p style="text-align: justify"><img decoding="async" class="wp-image-286993 aligncenter" src="https://coin-turk.com/wp-content/uploads/2023/12/BTTUSDT_2023-12-10_09-00-30.png" alt="" width="1212" height="566"></p>
<p style="text-align: justify">BTT Coin price, which appears to break the long-term downward trend, finds buyers at $0.0000011115. If the rally continues, new peaks up to $0.0000015 may be seen. The ultimate goal will be to get rid of one zero.</p>
<h2 style="text-align: justify" id="ordinals-ordi-analysis">Ordinals (ORDI) Analysis</h2>
<p style="text-align: justify">The price, which reached the ATH level, managed to stay on the agenda of crypto investors throughout the first week of December 2023. The momentum continues and the increasing interest is directly proportional to the <a href="https://en.coin-turk.com/bitcoins-potential-18-month-bull-run-a-220k-upsurge-on-the-horizon/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin</a> price. The price, which saw the peak by exceeding $69, is now at $51. A detail that is misunderstood is that this token does not represent ordinals as a whole. We need to remind that it is just a token. We have previously published long and detailed articles on the future of Bitcoin and ordinals, you can reach them from the search section.</p>
<p style="text-align: justify"><img decoding="async" class="wp-image-286994 aligncenter" src="https://coin-turk.com/wp-content/uploads/2023/12/ORDIUSDT_2023-12-10_09-04-36.png" alt="" width="1210" height="565"></p>
<p style="text-align: justify">Returning to the price, we see that buyers are activated at the $50 level and the region is working as support. If this area is lost, new bottoms between $30-22 can be seen after $46 and $40. In the opposite scenario, the bulls will strive to exceed $60.</p>
<p style="text-align: justify"><strong>Disclaimer:</strong> The information in this article absolutely does not contain investment advice. Investors should be aware of the high volatility and therefore risk of cryptocurrencies and should carry out their transactions according to their own research.</p> <span style="font-weight:bold;font-size:16px">Continue Reading:</span> <a href="https://en.coin-turk.com/a-thrilling-week-for-cryptocurrency-markets-altcoins-soar-while-btc-stagnates/" data-wpel-link="internal" rel="noopener noreferrer nofollow">https://en.coin-turk.com/a-thrilling-week-for-cryptocurrency-markets-altcoins-soar-while-btc-stagnates/</a>

A Thrilling Week for Cryptocurrency Markets: Altcoins Soar While BTC Stagnates

Table of Contents

COINTURK NEWS

Other articles published on Dec 10, 2023

Lifinity Faces $700,000 Drainage in LFNTY-USDC Pool

Pudgy Penguins Announces ‘Pudgy World’ Web3 Game On zkSync Blockchain

Top Crypto Gainers Of The Week – BONK, BTT, ORDI

Major Analyst Bullish on Dogecoin, Pepe Price Prediction – Traders Turn to Pullix With Unique Fea...

Why Has Avalanche (AVAX) Pumped 300% in Two Months?

This Smart and Profitable Ethereum (ETH) Whale Makes Strategic Moves

Join our free newsletter for daily crypto updates!