The cryptocurrency market is witnessing interesting moments. After a long time, the front row of the crypto league is undergoing changes. The explosive movement of XRP Coin has made it the third largest cryptocurrency. In this environment, there are other tokens that have taken flight on the back of positive news. One of them is a meme coin that the Coinbase exchange added to its roadmap.
Coinbase to add MOODENG to its listing roadmap, token skyrockets!
Leading cryptocurrency exchange Coinbase continues to work to expand its list. In this context, the exchange announced that it will add the Solana-based Meme coin MOODENG to its listing roadmap.
Following this development, the MOODENG price made a vertical ascent. The token price jumped from $0.3 to $0.55 during the day. At the time of writing, the meme coin was trading at $0.5457, up over 56% on a daily basis. Meanwhile, the token’s trading volume also saw a phenomenal 154% increase. This reflects the interest of investors and traders in the token.
Altcoins boost crypto market capitalization to over $3.6 trillion!
Meanwhile, total crypto market capitalization hit an all-time high of $3.65 trillion. This is almost $600 billion higher than the previous peak of just under $3.1 trillion during the 2021 bull market three years ago. Moreover, most of these gains were made in the past month. Moreover, as you’ve been following on Kriptokoin.com, $1.2 trillion flowed into digital assets in November. Accordingly, crypto markets gained more in just one month than their entire capitalization in October 2023.
According to CompaniesMarketCap, the crypto market is now larger than the market capitalization of Apple, the world’s largest company, which recently overtook Nvidia again. Bitwise CEO Hunter Horsley said, “It’s a growing pie. We are entering a period of a rising tide. It’s time to change the mindset,” he said.
Bitcoin’s big November, altcoins on fire!
Bitcoin gained 40% in November, mainly on the back of Donald Trump’s presidential election victory. Kobeissi Letter described Bitcoin’s rise as “truly historic”. He also pointed out that prices have risen 49% in the last four weeks, the best performance since August 2021. However, it was altcoins that gained over the weekend. Ethereum has seen a 47% rise in the past month. It then managed to hit a six-month high of $3,750 on December 2.
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