Newsletter by Tokenize Xchange (Vol.318 | November 2024)
What’s up? Welcome to Tokenize Weekly Roundup
Tokenize Xchange will meet you right here with the week’s most important crypto news. Crypto moves fast, but we’ll help you stay on top of the latest trends and explain why they matter. Also, don’t miss any updates regarding our latest features, events, and community activities.
🚀 Product Update
We’re very privileged to share the launch of our official community on CoinMarketCap! 🎉
This exciting step forward brings more engagement and insights to crypto enthusiasts worldwide. 🌍
Hit “Follow” and join us for real-time discussion HERE!
🔥 Youtube Update
𝐁𝐈𝐓𝐂𝐎𝐈𝐍 𝐈𝐒 𝐎𝐍 𝐅𝐈𝐑𝐄🔥
With new ATHs being shattered in a single day, the future of digital assets has never looked brighter.
Will Bitcoin hit the $100K milestone very soon? And the bigger question is: “𝗪𝗵𝗲𝗿𝗲 𝗰𝗼𝘂𝗹𝗱 𝗶𝘁 𝗴𝗼 𝗮𝗳𝘁𝗲𝗿 𝗯𝗿𝗲𝗮𝗸𝗶𝗻𝗴 $𝟭𝟬𝟬𝗞 𝗮𝘀 𝘄𝗲 𝗹𝗼𝗼𝗸 𝗮𝗵𝗲𝗮𝗱 𝘁𝗼 𝟮𝟬𝟮𝟱”? 🤔
🚀Crypto Leaderboard
🗞 Crypto News Recap: The Top 3 Stories
1/ XRP Surges Amid Market Rally and SEC Chair Departure Announcement
Ripple’s XRP token has soared its highest price since May 2021, fueled by the ongoing crypto market rally and the announcement of U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler’s resignation plans. XRP saw a sharp 27.5% rise in the 24 hours leading up to Friday morning, reaching $1.39, according to data from Tokenize Xchange. Over the past month, XRP’s value has climbed more than 150%, rebounding from around $0.50, where it had hovered for nearly two years.
2/ Altcoins Surge Amid Bullish Momentum, Driving Crypto Liquidations Past $500M
The cryptocurrency market continues to capture attention as liquidations surpass $500 million, coinciding with a surge in bullish sentiment across altcoins. This development occurs amid Bitcoin’s (BTC) entry into its third consecutive week of price discovery, significantly boosting market enthusiasm. Altcoins, particularly Stellar Lumens (XLM), Decentraland (MANA), and The Sandbox (SAND), have emerged as prominent beneficiaries, showcasing notable gains over the past week.
3/ Ethereum Reclaims Top Spot in USDT Market, Surpassing Tron for the First Time Since 2022
In a significant milestone for the cryptocurrency ecosystem, Ethereum (ETH) has reclaimed its position as the dominant blockchain for Tether (USDT) transactions, surpassing Tron (TRX) for the first time since 2022. This shift underscores Ethereum’s enduring influence in the digital asset landscape, particularly within the stablecoin market.
💎Tokenize Academy
What is Crypto FOMO and How to Deal with It?
The cryptocurrency market is infamous for its wild price swings, offering opportunities for massive gains and risks of significant losses. Amid these market dynamics, a psychological phenomenon known as “Crypto FOMO” (Fear of Missing Out) often grips traders and investors. This article explores Crypto FOMO, why it occurs, and strategies to manage it effectively.
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Disclaimer
Cryptocurrencies are subjected to high market risk and volatility despite high growth potential. Users are strongly advised to do their research and invest at their own risk.