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Showing posts with the label bull market

5 Meme Coins to Consider Before 2025 – Next 10x Cryptos?

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As the cryptocurrency market surges into a bull phase, meme coins have regained attention for their high-reward potential. While numerous coins are launched daily across various chains, discovering the next big performer can be a challenge. In this article, a select few meme coins are highlighted, each offering exciting opportunities to capitalize on a bull market’s momentum. Despite some market correction and a slight dip in interest around the holidays, meme coins continue to captivate enthusiasts. The topic remains widely searched globally, and the reduced valuation of the market provides a unique opportunity for investors looking for long-term potential. Below are four meme coins that stand out in this competitive space. Wall Street Pepe (WEPE) Wall Street Pepe has gained a lot of attention in the meme coin space. The project has raised over $38 million so far in the presale of its native token $WEPE, reflecting strong support from both the community and investors. $WEP...

Bitcoin millionaire wallets triple in 2023

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In 2023, the number of Bitcoin wallets with a total value of coins exceeding a million dollars has tripled. According to BitInfoCharts, 23,795 Bitcoin (BTC) millionaires were registered in the market in January 2023. As of this writing, the number has risen to 81,925, an increase of 237%. The indicator began to grow actively against the backdrop of positive crypto market dynamics and Bitcoin updating its annual highs. Bitcoin distribution | Source: BitInfoCharts However, million aire wallets are not personal to individual users, as crypto exchanges and financial institutions own many addresses with over $1 million worth of BTC. According to Glassnode, the number of addresses holding more than $1 million worth of Bitcoin peaked during the last bull market in November 2021. It hit a record 112,573 addresses on Nov. 9, 2021, right before Bitcoin reached its all-time high of $69,000. Meanwhile, since the beginning of the year, the number of so-called “wholecoiners”— wallets ...