Token

FOMO

when

While Bitcoin and the cryptocurrency market in general started the day dynamically, BTC exceeded $65,000 during the day. 
While BTC and especially mem tokens are at the top with their rise, a new report about the mem token rally came from QCP Capital analysts. 
At this point, analysts said that the increase in market activities of retail investors was behind the mem token rally. 
<blockquote> 
 “The speculative buying frenzy on the part of retail investors during Asian trading hours continued today, pushing BTC to new local highs (65,615 so far). 
 Altcoins, especially meme tokens, are rallying hard as retail FOMO really kicks in.” 
</blockquote> 
QCP Capital analysts also pointed out that there has been an increase in investors' leveraged trading activities in the last 24 hours and said that there may be price fluctuations when Bitcoin breaks $ 69,000: 
<blockquote> 
 “It looks like leveraged buyers won't give up until BTC hits all-time highs (which could happen at any time). 
 However, the recent buoyant market move is likely to dissipate if Bitcoin surpasses its all-time high in dollar terms. The rally in Mem tokens may also continue until ATH breaks.” 
</blockquote> 
Analysts recently added that there are currently seven mem tokens among the top 100 cryptocurrencies by market cap. 
*This is not investment advice. 
 Continue Reading: <a href="https://en.bitcoinsistemi.com/what-is-the-reason-for-the-mem-token-rally-will-it-continue-analysts-announced/">What is the Reason for the Mem Token Rally? Will it continue? Analysts Announced!</a>

What is the Reason for the Mem Token Rally? Will it continue? Analysts Announced!

Bitcoin Sistemi EN

2024年3月4日公開の他の記事

Pullix presale ends; PLX token lists on Uniswap today

$SMOG Hits New ATH, Secures Spot On Jupiter’s Strict List, And Blasts Past 40K Holders

Elon Musk’s Lawsuit Against OpenAI Will Be Foundational: Charles Hoskinson

Exploring ETF Trading on KoinBay: Features and Benefits

UNUS SED LEO (LEO) Price Prediction 2024, 2025, 2026-2030

Why DeeStream (DST) Presale Rockets Alongside Solana (SOL) & Bitcoin (BTC) Hitting 20% In 7 days

ニュースレターを購読して暗号資産の最新情報を毎日入手！