GM. Welcome back to BitPinas Key Points – cryptocurrency news in concise formats for easy reading. In today’s daily digest: More XRP news, this time, on the meme scene.
Plus the latest cryptocurrency news from the last 24 hours.
Market analysis and updates 📈
Here are the most notable cryptocurrencies of the day:
Cryptocurrency price update
- Bitcoin (BTC): $95,542.54, 0.9% less in the last 24 hours.
- Ethereum (ETH): $3,629.52, 1.5% less in the last 24 hours.
- Solana (SUN): $226.54, 1.0% less than the previous day.
Trending Coins Update
- XRP: $2.60, 6.6% more than the previous day.
- Ondó: $1.62, an increase of 33.0% in the last 24 hours.
- Ivy: $0.0.3507, 38.9% more than the previous day.
For daily price updates, check out our post on Facebook.
XRP memecoins in the spotlight
XRP meme coins are surging as the Ripple-pegged cryptocurrency hits a seven-year high, soaring more than 82% this week and 318% this year.
The details:
- same corner ARMYInspired by the army of devoted XRP followers, he led the charge.
- Its market capitalization skyrocketed from less than $1 million on Nov. 26 to more than $90 million on Sunday before settling at $47 million today, according to Decrypt. reported.
- One ARMY holder turned a $478 investment into $100,000 in realized profits, with $400,000 in unrealized profits, according to DEX Screener.
More numbers:
- Other tabs like BEAR and MAGAZINE have joined ARMY in the top 10 XRPL meme coins, each with a market capitalization close to $30 million.
- Despite the hype, XRP meme coin trading volume is modest. ARMY recorded $10 million worth of transactions in the last 24 hours, far behind the 34 Solana tokens that achieved similar volumes.
What’s next? As regulatory clarity for XRP becomes clearer, so do expectations for the future of Ripple, XRP, and all tokens associated with them.
Philippines Crypto News 🇵ðŸ‡
- Jen Bilango, Country Manager of Coins.ph willpower assist Taipei Blockchain Week.
- MetaGaming Guild The nearby validator is now live.
- Coins. ph Account X was compromised to promote a fake token on Solana.
Worthy of mention 🌟
Key updates and announcements from around the world of cryptocurrencies and blockchain:
- XRP arose 298% in November, surpassing BNB to become the fifth largest cryptocurrency by market capitalization.
- DMMBitcoin is liquidating after losing $320 million in a hack in May, and client assets will be transferred to SBI VC Trade.
- Spring is the first European luxury retailer in accept cryptocurrency payments, in partnership with Lyzi and Binance Pay.
Educational Corner 🎓
Regulation monitoring 📜
Stay informed on the latest regulatory updates and what they mean for you:
- JapanThe financial regulator issued warning letters to five unregistered crypto exchanges including Bitcastle, Bitget, Bybit, Kucoin and MEXC Global.
- South Korea is configured to postpone its 20% crypto tax for the third time.
- Dubai Police associated with Crystal Intelligence and Bitoasis to combat cryptocrime.
More news about Web3 and AI 💡
Discover the latest in web3 and AI innovation.
- Bitget Wallet associated with tetadex to integrate decentralized futures trading within your application.
- Curved Finance launched Curve-Lite, a decentralized exchange using Taiko’s L2 scaling solution, offering lower costs and better scalability for DeFi users.
- Jupiter DEX in Solana will review its airdrop plan after a proposal to distribute $1.6 billion in JUP tokens failed to secure the required 70% supermajority.
The future of web3 is games and here you have the latest news.
- Prime Step launched a scalable Web3 gaming ecosystem with PRIME token integration.
- ether games launched early access to Cards of Eternity: The Wheel of Time, a digital TCG inspired by Robert Jordan’s series.
- Bybit Web3 celebrate 2.5 million SpaceS members and joins season 7 of The Open League in the TON ecosystem.
Event announcements 📅
Don’t miss it: Upcoming events, webinars and meetups in the crypto space in the Philippines!
Stay connected:
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This article is published in BitPinas: XRP Memecoins in focus | Key points | December 3, 2024
