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Bitcoin Fear and Greed Index is 66. Greed
Current price: $34,440
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๐ ๐๐๐ถ๐ฐ๐ถ๐ฎ๐ป ๐๐ฟ๐ฎ๐ธ๐ฒ'๐ ๐ซ ๐ฎ๐ฐ๐ฐ๐ผ๐๐ป๐ ๐๐ฒ๐ฒ๐บ๐ถ๐ป๐ด๐น๐ ๐ต๐ฎ๐ฐ๐ธ๐ฒ๐ฑ, ๐๐๐ฒ๐ฑ ๐๐ผ ๐ฝ๐ฟ๐ผ๐บ๐ผ๐๐ฒ ๐ฆ๐ผ๐น๐ฎ๐ป๐ฎ ๐บ๐ฒ๐บ๐ฒ๐ฐ๐ผ๐ถ๐ป Canadian superstar Drake's X account was seemingly hacked on Saturday night and used to promote a Solana memecoin based on his cartoon "alter ego."ย Drake, born Aubrey Drake Graham, reposted and then quoted a post by a since-deleted X account promoting a memecoin purportedly called Anita, after Drake's cartoon "alter ego"ย Anita Max Wynn, a cartoon character inspired by his love ofย gambling. (Her name sounds like "I need a max win," referencing a common gambling phrase.)ย The false posts also claimed the memecoin was launched in partnership with Stake, Drake's choiceย crypto betting platform. The fraudulent coin "$ANITA" shares a name with the rapper's Anita Max Wynn Tour, which will see Drakeย returning to Australia and New Zealandย for the first time since 2017.ย The memecoin, which was promoted to Drake's over 39 million X followers, saw $5 million in trading volume before traders seemingly realized the coin was fraudulent and stopped buying, according to DexScreenerย data. The posts were later removed from Drake's account.ย Drake's account was the latest high-profile X account to suffer a hack in recent weeks. The Cardano Foundation's X account wasย exploited last Sundayย and similarly used to promote a memecoin scam, which saw merely a tenth of the volume as "$ANITA." Other celebrity musician hacking victims includeย Cardi B,ย Doja Cat, andย Metallica. $SOL #CryptoUsersHit18M #MicroStrategyJoinsNasdaq100
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๐๐ผ๐ด๐ฒ๐ฐ๐ผ๐ถ๐ป ๐๐ผ๐๐ป 19% ๐ฆ๐ถ๐ป๐ฐ๐ฒ ๐๐ถ๐๐๐ถ๐ป๐ด 3-๐ฌ๐ฒ๐ฎ๐ฟ ๐๐ถ๐ด๐ตโ๐๐ฒ๐๐ฝ๐ถ๐๐ฒ ๐๐ถ๐๐ฐ๐ผ๐ถ๐ป ๐ฅ๐ฒ๐ฏ๐ผ๐๐ป๐ฑ
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๐๐ผ๐ด๐ฒ๐ฐ๐ผ๐ถ๐ป ๐๐ผ๐๐ป 19% ๐ฆ๐ถ๐ป๐ฐ๐ฒ ๐๐ถ๐๐๐ถ๐ป๐ด 3-๐ฌ๐ฒ๐ฎ๐ฟ ๐๐ถ๐ด๐ตโ๐๐ฒ๐๐ฝ๐ถ๐๐ฒ ๐๐ถ๐๐ฐ๐ผ๐ถ๐ป ๐ฅ๐ฒ๐ฏ๐ผ๐๐ป๐ฑ ๐ธ๐ฃ๐๐ ๐ค๐๐ก๐ ๐ต๐๐ก๐๐๐๐ ๐ข๐ ๐๐ ๐ก๐๐ ๐ค๐๐๐, ๐ท๐๐๐๐๐๐๐ ๐๐ ๐ก๐๐ ๐๐๐๐๐๐ ๐ก ๐๐๐ ๐๐ ๐๐ ๐ก๐๐ ๐ก๐๐ 10 ๐๐๐ฆ๐๐ก๐๐๐ข๐๐๐๐๐๐๐๐ โ๐๐๐ ๐๐ก๐๐๐ ๐๐๐๐ ๐๐๐๐๐ ๐๐๐ ๐๐๐ค๐ ๐๐๐ ๐ก๐๐. The crypto markets have seen intense volatility sinceย Bitcoinย broke through the $100,000 markย for the first timeย on December 4, with multiple plunges that have sent shockwaves that sank other assetsโand piled up liquidations in the process. But while Bitcoin has mostly rebounded from the sizable dips,ย Dogecoinย has lost considerable steam over the last week sinceย popping to a high of $0.48ย for the first time since 2021. At a current price just below $0.39, Dogecoin is down nearly 19% since that peak seen late on December 7. And over the last seven days, including data from the hours before that recent high, DOGE is down 15%. That makes it the biggest loser among the top 10 cryptocurrencies by market cap, outpacingย Cardanoย with a 13% dip during that span, andย Solanaย with a 10% correction. Bitcoin is the only asset in the top 10 that's green on the week, up 0.7% as of this writing at a current price of $100,995. Looking beyond the top 10, other leading meme coins in the top 100 cryptocurrencies have posted even sharper losses over the last week. Dogwifhat (WIF) is the biggest loser in the top 100, down 28% during that span, while Bonk (BONK) has fallen 23%, Brett (BRETT) is down 22%, and Shiba Inu (SHIB) has matched the DOGE dip at 15%. Overall, the crypto market has fallen by 3% over the last 24 hours, per data fromย CoinGecko. $BNB $BTC
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๐ฝ๐๐๐ฎ ๐ฟ๐ค๐๐ ๐๐ฃ๐ ๐๐๐๐ง๐ค ๐๐๐ข๐ ๐พ๐ค๐๐ฃ๐จ ๐๐๐ก๐ก๐ฎ ๐๐จ ๐ฝ๐๐ฉ๐๐ค๐๐ฃ ๐ฟ๐๐ ๐๐ค๐ ๐๐ฃ ๐๐๐๐๐๐๐จ ๐๐๐๐ค๐ง๐ ๐๐๐๐ ๐ต๐๐ก๐๐๐๐ ๐ ๐ข๐๐๐ ๐ก๐๐๐๐ ๐ท๐๐บโข๐บ๐โข๐๐โข๐๐ป๐ธโข๐๐๐๐ ๐๐๐๐๐๐ ๐ก๐ ๐ ๐๐๐ค ๐๐๐๐ ๐๐๐๐๐ ๐๐ข๐๐๐๐ฆ, ๐ค๐๐๐๐ ๐ท๐๐๐๐๐๐๐-๐๐๐๐ ๐๐๐๐๐ ๐๐ ๐ธ๐ก๐๐๐๐๐ข๐ ๐๐๐ ๐ต๐๐ต ๐ถ๐๐๐๐ ๐๐๐ ๐ข๐ ๐๐๐๐๐๐ฆ. Several dog-themed meme coins, including DOGโขGOโขTOโขTHEโขMOON (DOG) and Baby Doge Coin, have seen significant price increases recently. DOG, launched in April as a Runes token, reached an all-time high of $0.0096, with a market cap of $966 million. Developed by Casey Rodarmor, Runes aims to bring meme coins and NFTs to the Bitcoin network. DOG's success, partly driven by listings on OKX and Magic Eden, mirrors the broader trend of meme coins' volatile nature. Meanwhile, Baby Doge Coin and Neiro, inspired by a rescue dog adopted by the Dogecoin mascot's owner, have also surged in value. Baby Doge Coin's price jumped 33%, and Neiro on Ethereum reached a $1.1 billion market cap. Trading volumes for these coins have been substantial on the Gate.io exchange, with DOG, Neiro, and Baby Doge Coin seeing significant activity. Despite a decrease in hype, Bitcoin transactions involving Runes still account for 8% of network activity, indicating their ongoing relevance. $BTC
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๐๐๐ฅ๐ ๐ข๐๐ข๐๐๐ค๐๐ฃ ๐๐ก๐๐ฅ๐จ ๐๐ฃ๐๐จ๐ฌ๐๐ฅ ๐ฉ๐ค๐ ๐๐ฃ ๐๐ฃ ๐ข๐๐ง๐ ๐๐ฉ ๐๐๐ฅ, ๐๐๐ฉ๐จ ๐๐ก๐ก-๐ฉ๐๐ข๐ ๐๐๐๐ ๐ด๐๐๐๐๐๐๐๐ ๐ก๐ ๐๐๐ก๐ ๐๐๐๐ ๐ถ๐๐๐๐๐๐๐๐๐ก๐ถ๐๐, ๐๐๐๐ ๐๐๐ ๐ ๐๐๐ฅ๐๐๐ข๐ ๐ ๐ข๐๐๐๐ฆ ๐๐ ๐๐๐ข๐๐๐๐ฆ 420 ๐ก๐๐๐๐๐๐๐ ๐ก๐๐๐๐๐ , ๐ค๐๐ก๐ ๐๐๐ ๐ก๐๐๐๐๐ ๐๐๐๐๐๐๐ฆ ๐๐ ๐๐๐๐๐ข๐๐๐ก๐๐๐. Popular memecoin Pepe in terms of market capitalization on Dec. 7. The frog-themed memecoin currently has a market capitalization of over $11 billion compared to UNI's market cap of approximately $10.6 billion โ hitting a new all-time high in the process. According to data from CoinMarketCap, Pepe gained approximately 16.8% during the past 24 hours and is up roughly 26% over the past seven days. At the beginning of 2024, Pepe had a market cap of approximately $591 million. The popular memecoin briefly crossed a market cap of $11 billion on Dec. 5 and is currently floating around that level. The $11 billion market cap represents growth of roughly 18x since the start of the year. Pepe launched in 2023 following the meteoric success of other memecoins like Dogecoin . The memecoin, which openly purports to have "no intrinsic value," has become a favorite among memecoin traders. #BURNGMT $BTC
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