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Today's Memecoin Keyword: Mascot
The Litecoin community has launched a new meme coin for their mascot, $LESTER. Currently, $LESTER has a market cap of $61 million, peaking at nearly $100 million. Since its launch, $LESTER has reached an impressive trading volume of $160 million. Despite a pullback from its peak, it still shows an increase of nearly 62,000%.
Another mascot-themed token, Coinbase Mascot ( $CLARK), has also seen substantial gains. Although its market cap is currently only $3.9 million, its trading volume has reached $12 million, with a 4,600% increase.
Will new mascot-themed tokens become the next big trend in memecoins?
@litecoin
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$ETH has risen by 30% over the past week, leading the gains among the top 10 mainstream cryptocurrencies by market cap. Why?
ETH has broken through $3,100, and the ETH/BTC ratio has risen by 17% since bottoming out on Oct 5 (when Trump won the U.S. election). ETH's market dominance has already recovered to 14.3%. Although $ETH is still far from its all-time high of $4,800 reached on Nov 8, 2021, its trend has clearly reversed. Why?
1ā£After Trump won the election, and the first Ethereum staking ETF might be approved.
2ā£Bitcoin has continued to hit new all-time highs, boosting ETH's price.
3ā£Ethereum has been severely oversold.
Ethereum is targeting above $3,600
Based on Ethereumās chart technicals, this breakout could push the price by as much as the triangle's height. In other words, $ETH can rise as high as $3,600 in Nov. 0 reply
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