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Baby Doge Coin surges over 75% following Elon Musk’s cryptic tweet Baby Doge Coin surged over 75% after Elon Musk posted a black-and-white Godfather-inspired tweet. While Bitcoin has shown volatility recently following its push to a new all-time high of $103,900, Baby Doge Coin (BABYDOGE) has outpaced the market conditions. The price of BABYDOGE has pumped from a 24-hour low of $0.0000000002443 to as high as $0.0000000004448 following Musk’s tweet. Following the tweet, the price of DOGE jumped over 4%, and BABYDOGE rose by over 75%. BABYDOGE also recently renounced their token contract on Solana . The meme coin, which was initially launched on the BNB Chain, has now also expanded to the Solana network. In late November, Binance had also announced a new spot listing for BABYDOGE. The recent surge of BABYDOGE amidst the volatile market conditions could primarily be attributed to Musk’s tweet alongside the overall developments by their team. #BURNGMT
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Meme coins enjoy ‘mini breakouts,’ market cap reaches new all-time high Meme coins are gaining traction and whales are likely to push the assets further as the market cap hits a new all-time high. According to the market intelligence platform Santiment, leading meme coins show signs of “mini breakouts.” These assets see notable spikes in their social activity over the last eight days. Large meme coin holders would likely push the prices to create FOMO (fear of missing out) among retail investors to take profits potentially, Meme coin market cap at new ATH Thanks to the recent upward momentum, the total meme coin market cap reached an ATH of $134 billion earlier today, according to data. Dogecoin and Shiba Inu Shiba Inu shib 2.01% Shiba Inu are leading the pack with $67 billion and $18.6 billion market caps with mild gains over the past 24 hours. Pepe, however, rallied to an ATH of $0.0000266 late Saturday. The meme coin is still up 12% in the past 24 hours despite a slight correction to $0.0000245. $ETH $DOGE #BURNGMT
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*Altcoin Season Index Skyrockets Above Trendline* !! Analyzing the altcoin season index chart, the metric has been skyrocketing over the last two weeks. The indicator is currently at 86, signalling that the altcoin season has kicked off. A reading of 75 signals the beginning of altcoin season. If this value approaches 100, it will further confirm that altcoins are outperforming Bitcoin, suggesting they may continue to do so. #Memerally
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Shiba Inu Price Prediction Today Current Resistance Levels According to analyst Austin Hilton, the altcoin needs to break through a major resistance level of 0.00004033. Right now, Shiba Inu is trading at 0.00003247 and is up by more than six percent in the last 24 hours. Once this resistance is broken, the analyst believes we’ll see a significant price increase. The Three-Year Down Cycle Shiba Inu has been in a downtrend for about three years, but that’s changing. The market conditions are improving, and with new leadership and pro-crypto policies in place, the crypto market is heading into a new phase starting in January. This could trigger one of the biggest bull runs for crypto, and Shiba Inu, as a top meme coin, is positioned to benefit. Shiba Inu’s Market Position Shiba Inu and Dogecoin are the leading meme coins, with market caps of $18 billion and $66 billion, respectively. The meme coin sector is worth over $130 billion, a significant part of the $3.67 trillion global crypto market. This shows the potential for growth in Shiba Inu’s market cap. Breakout Pattern Shiba Inu tends to consolidate and then break out, as seen in previous charts. After consolidation, the coin often experiences significant price movements. For example, there was a 60% gain in just eight days during one breakout. With more capital entering the crypto market, similar movements could occur. $SHIB #shiba⚡
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JasmyCoin (JASMY) Price Analysis Though Jasmy coin price made a bearish pressure below immediate Fib channels, it is poised to recover as buying pressure intensifies around the dip. There is slight resistance at $0.06, but if this level is breached, the JASMY/USDT pair could climb towards the crucial resistance of $0.077, where sellers are likely to strongly contest further gains. The first indication of a weakening trend will be if the price breaks below and closes beneath the EMA trend lines. This would imply that the bulls are losing control, potentially leading the pair to drop to $0.033. $JASMY #Memerally
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