Crypto market overview on BTC

[Tob-crypto]

Bitcoin has pulled back after hitting new highs, while altcoins have seen sharper declines. Market sentiment could peak temporarily ahead of Trump’s inauguration on January 20. U.S. stocks also closed lower, with the Federal Reserve revising its prediction for 2025 rate cuts to 2-3 times instead of 4.

In the meme coin space, PENGU and CAT have been listed on Binance, while the penguin NFT project on the Solana chain reached a $7 billion market cap from an initial $1.3 billion. Despite the success, the project team sold 9 million tokens. Meanwhile, new Binance listings like VANA and VELO saw rapid declines after opening at high points.

Solana is seeing a resurgence, with SOL/ETH exchange rates rebounding, hinting at a return of funds to the SOL ecosystem. Leading ETH tokens such as HYPE and VIRTUAL are losing momentum. On-chain AI platforms ARC, MEMESAI, and RIFSOL are also rebounding, benefiting from renewed interest in decentralized science and AI.

the $TATSU token has gained significant traction, surging by 84.01% amid the broader market fluctuations.

Let discuss reason for BTC retrace and memecoin surge!

[hugeblack]

When I read BTC retrace I expected the price was dropped to $80k or $90k but according to CMC Bitcoin is trading at $102k, 2k below ATH so the price is still high without a pullback.


The recovery of SOL/ETH exchange rate sends a negative signal about the future of ETH and being a suitable alternative to Bitcoin may not be so and many altcoins will start taking a part of the market value of Ethereum.


and this is the first time I hear about $TATSU token

[Tob-crypto]

When I read BTC retrace I expected the price was dropped to $80k or $90k but according to CMC Bitcoin is trading at $102k, 2k below ATH so the price is still high without a pullback.


The recovery of SOL/ETH exchange rate sends a negative signal about the future of ETH and being a suitable alternative to Bitcoin may not be so and many altcoins will start taking a part of the market value of Ethereum.


and this is the first time I hear about $TATSU token

However we hoping to see  BTC at $90K as it goes dip altcoin take the advantage to gain traction on space, as for TATSU token is a token gaining strong momentum as at when debut on CEX raping at $10.9 listed at $7 still doing well with 45.80% do well to DYOR

[TomPluz]

I am actually expecting a certain reversal of fortune for Bitcoin in the last days of the year...and in fact I would even say that BTC is doing a lot better this month of December compared to other previous years. Now, what I did not expect is the surge of many new memecoins which even eclipse some well-known coins in the market...but anyway this is what a memecoin should be and lucky are those who are able to stake in some successful ones especially after listing in Binance. In 2025, I am looking forward for an even greater, bolder and more excited movements for the whole crypto industry...hopefully Bitcoin can hit the $150K zone within the first six months.

[bitterguy28]

I am actually expecting a certain reversal of fortune for Bitcoin in the last days of the year...and in fact I would even say that BTC is doing a lot better this month of December compared to other previous years.

well this year has been really good for bitcoin so we should have expected that it will not be the same as other years though i still see that it still follows some pretty familiar patterns like how everyone expected bitcoin to have an increase in price in october and it actually happened again this year

Now, what I did not expect is the surge of many new memecoins which even eclipse some well-known coins in the market...but anyway this is what a memecoin should be and lucky are those who are able to stake in some successful ones especially after listing in Binance.

there is always many memecoins being launched every day but what we need are memecoins that have a purpose and can be used by its investors in daily transactions otherwise we are left with memecoins that are just useless and have no value even

[hugeblack]

there is always many memecoins being launched every day but what we need are memecoins that have a purpose and can be used by its investors in daily transactions otherwise we are left with memecoins that are just useless and have no value even

These projects are mainly aimed at making their developers rich so don't expect any long term thinking from them. The duration of these projects is several weeks and they will not be used for anything other than trading.

[TomPluz]

These projects are mainly aimed at making their developers rich so don't expect any long term thinking from them. The duration of these projects is several weeks and they will not be used for anything other than trading.

This is one of the many traits of a memecoin and that can be the reason why sensible investors are getting wary of them but there is no denying that many memecoins made many people got rich most especially if you happen to come in even before the launch in the market. Truth to tell, memecoins are more like a big gamble so either you win or you lose and that is where the enticement of memecoin. Lacking value and use-cases, they all rely on strong, big community support to gain traction and success.

[ZAINmalik75]

the $TATSU token has gained significant traction, surging by 84.01% amid the broader market fluctuations.

Let discuss reason for BTC retrace and memecoin surge!

Despite Solana, Base is also seeing a surge of meme coin on its network and other networks are also seeing a surge of memecoins. The interest of investors plays an important role because they find memecoins more profitable. Newbies want to make big jumps, so they don't go after high caps instead they choose low caps and most of them are memecoins.

The memecoins you have mentioned are very good. Pengu has airdropped their tokens to most of the users on some basis and still after huge selling pressure the tokens have recovered with time.

[Tob-crypto]

Yeah you are right, have gotten some significant profit from those token ,trading them on bingX and some two exchanges like binance and other.

[zeeMN]

In the world of trading, A retrace is part of the process in unveiling a bull run. It's like for you to pass an exam, you are required to fail...I don't know if my analogy makes any sense, but you get the point, the opposite as to happen to get the desired result. So let us not lose focus because of a minor retracement,markets will bounce back and we are all going to be asking when lambo when it moons.