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November 21, 2024

Crypto News | Bitcoin and Solana Pumping After Trump Secures Presidency, Could Crypto All-Stars Explode Next? Felix Mollen | usagoldmines.com

Bitcoin and Solana are on the move, both rallying after yesterday’s political shape-up.

BTC broke through to new all-time highs, while SOL kept up its impressive run, driving fresh optimism from investors.

Amid all this action, Crypto All-Stars, a trending presale meme coin, has also reached a significant milestone.

And many believe it could be the next crypto to explode.

Bitcoin Breaks Records as Trump Win Boosts Investor Bullishness

Bitcoin’s rise isn’t slowing down anytime soon.

The world’s largest crypto hit $76,460 yesterday, smashing its all-time high.

Trading volumes have also gone through the roof, reaching $67.9 billion in the past day, while BTC’s market cap soared to $1.48 trillion.

The coin’s price has cooled to $74,920 – but the momentum is still strong.

Trump’s win seems to be driving all of the excitement.

Especially given his promise to make America the “crypto capital” of the planet and the plans for a strategic Bitcoin reserve.

Plus, the potential of a crypto-friendly SEC chair taking over from Gary Gensler is adding to the bullishness.

What’s also interesting is how the derivatives market is reacting.

Open interest has jumped to $24.2 billion, signaling that institutional investors are betting that Bitcoin will keep climbing.

That’s usually a bullish sign – hinting that the Bitcoin party might just be getting started.

Solana Overtakes BNB & Looks to “Flip” Ethereum

While Bitcoin has been getting all the headlines, Solana has been quietly crushing it.

SOL is up 20% since Monday, now sitting at $187.

This rally helped SOL overtake BNB for the #4 spot in the crypto market cap rankings, even though it dipped slightly from last night’s high of $192.

One element catching people’s attention is how Solana is stacking up against Ethereum.

The SOL/ETH ratio hit an all-time high of 0.071 yesterday – indicating traders are moving funds away from Ethereum.

Solana’s network growth this year has been impressive, too.

Total value locked (TVL) jumped by $650 million on Tuesday and is now at $6.65 billion.

That’s almost 400% higher than in January.

Add in Trump’s pro-crypto stance and the buzz around potential spot SOL ETFs, and it’s easy to see why Solana is rallying right now.

The network’s booming meme coin scene isn’t hurting either.

And many crypto enthusiasts now believe Solana is on track to “flip” Ethereum and become the world’s second-largest cryptocurrency.

New Meme Coin Crypto All-Stars Hits $3.1M in Presale as Analyst Predicts Big Returns

Alongside Bitcoin and Solana, there’s a newer coin that is also displaying bullishness: Crypto All-Stars.

The project’s MemeVault feature is changing how people think about meme coin staking.

And early investors are noticing – with the presale raising over $3.1 million so far.

Crypto All-Stars will offer an all-in-one approach to meme coin staking.

Imagine you’re trying to make the most of your DOGE holdings.

There’s not much you can do with DOGE, given that it’s a meme coin with no actual use case.

However, with MemeVault, you can stake your DOGE to earn STARS tokens in return.

Even better, staking the STARS token itself boosts the reward rate by 3x.

At the time of writing, these staking yields are quoted at 500% per year.

Crypto All-Stars’ team is serious about security, too.

They’ve already had the project audited by Coinsult and SolidProof, and they’re planning to list STARS on a DEX (and maybe even a CEX) once the presale ends.

Members of the official Telegram channel are hyped about these listings.

YouTuber ClayBro is also hyped, telling his 130,000+ subscribers that he thinks STARS could explode after it hits exchanges.

So, with Bitcoin and Solana rising, Crypto All-Stars could be the next to see a price pump.

Visit Crypto All-Stars Presale

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The post Bitcoin and Solana Pumping After Trump Secures Presidency, Could Crypto All-Stars Explode Next? appeared first on CryptoPotato.

  Bitcoin and Solana are on the move, both rallying after yesterday’s political shape-up. BTC broke through to new all-time highs, while SOL kept up its impressive run, driving fresh optimism from investors. Amid all this action, Crypto All-Stars, a trending presale meme coin, has also reached a significant milestone. And many believe it could be Projects 

This articles is written by : Nermeen Nabil Khear Abdelmalak

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