The highly anticipated US presidential has arrived, and market onlookers are keenly awaiting the results. The crypto market has been bullish today, with BTC breaking through the crucial $70,000 level. As BTC rises, the altcoin market follows.
The crypto market is coming off a bullish day as the US presidential election arrives. Amid the chaos, BTC briefly touched the crucial $70,000 level, and altcoins followed a similar trend. Pauline Shangett, CMO of ChangeNOW, commented on market performance, saying,
“The overall crypto market is positive, but investors, however, remain hesitant. The election’s outcome will likely result in a bullish run, but nothing can be predicted with certainty.”
Dogwifhat (WIF)
Dogwifhat ($WIF) is still a newcomer to the altcoin market but has significantly impacted the industry. WIF has high hopes of becoming the new top dog, and despite its infancy, WIF yielded an immense 1,159% gain in the past year. Dogwifhat (WIF) has been one of the top-performing memecoins throughout the year, and despite losing much of its value after reaching an all-time high (ATH) of $4.8, Dogwifhat (WIF) is back in the spotlight and looks ready to join the bull run. WIF’s recent upward momentum has analysts predicting a potential 2000% increase for the year, placing it firmly on investors’ radar.
WIF’s impressive gain is supported by its strong community engagement, strategic partnerships, and bullish market sentiment.
Husky Inu (HINU)
Husky Inu (HINU) entered the crypto space with a bang to compete with industry giants, including Dogecoin and its new best friend, Shiba Inu. The project has grand plans for its future, with plans for an Earn App and a Decentralized Exchange (DEX).
Husky Inu (HINU) and its native token were designed to improve utility and value for its holders by harnessing the power of the Solana ecosystem. The project aims to conquer the industry to create a robust and supportive community with improved features and rewards. Husky Inu’s recently launched presale has gone very well, with the first stage selling out within days. The second stage of its presale sold out, and the project is undertaking its third fundraising round with great enthusiasm. Since going live, the presale has generated over $473,000.
Husky Inu made a name for itself thanks to its commitment to a reliable token ecosystem. It achieves this through a carefully designed distribution model and capped maximum supply. HINU is a fantastic alternative investment opportunity and stands to grow by impressive margins. We have seen many projects surpass Bitcoin’s growth, with this number increasing daily. While Bitcoin will forever remain the OG crypto regarded in the highest esteem, altcoins are more likely to deliver significant gains.
Shiba Inu (SHIB)
Shiba Inu (SHIB) is one of the top-selling memecoins with a market cap exceeding $10.60 billion. The decentralized community-led token and its reputation as the “Dogecoin Killer” has yielded impressive rewards in the past year, gaining over 120%. SHIB is also a proud member of the Solana network and is Husky Inu’s best friend. The memecoin quickly rose to fame in the crypto industry and has since become a household name. SHIB, launched in 2020, is currently the 12th largest crypto by market cap and the second biggest memecoin after Dogecoin (DOGE). This decentralized, community-led project and its native token, SHIB, quickly gained the attention of its dedicated community of investors thanks to its charm and support from industry giants such as Ethereum co-founder Vitalik Buterin and Tesla CEO Elon Musk. SHIB gained over 6% over the past day and appears ready to explode in the next bull cycle.
Dogecoin (DOGE)
Dogecoin (DOGE) remains the top memecoin by market cap and is the project all newcomers strive to be. The memecoin is undoubtedly following BTC’s upward momentum, surging over 8% over the past day. DOGE quickly rose through the ranks after a humble beginning to become a household name in the crypto industry. The project owes its success to a strong community and endless opportunities. DOGE began its journey in the industry as a joke but has transitioned into a legitimate investment opportunity with excellent profit potential. Dogecoin gained over 142% in the past year and is an excellent addition to any crypto portfolio.
Visit the following links for more information on Husky Inu:
Website: Husky Inu Official Website
Twitter: Husky Inu Twitter
Telegram: Husky Inu Telegram
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Source: https://cryptodaily.co.uk/2024/11/top-memecoins-rally-as-bitcoin-btc-rallies