Home web3.0 Meme Coin Mania on Tron and BNB Chain Signals Potential Altseason

Meme Coin Mania on Tron and BNB Chain Signals Potential Altseason

Aug 26, 2024 pm 09:30 PM
Meme Coins Altcoin Season

Institutional investor demand, fueled by U.S. spot BTC ETFs, drives Bitcoin and altcoin recovery.

Meme Coin Mania on Tron and BNB Chain Signals Potential Altseason

The hype surrounding meme coins on Tron (TRX) and BNB Chain (BSC) is generating excitement for the upcoming altseason.

Institutions are showing strong demand for crypto again, with U.S. spot Bitcoin ETFs seeing a massive inflow of $500 million.

Bitcoin dominance, a crucial indicator for altseason, is facing resistance, leading analyst Egrag Crypto to anticipate the altseason starting in six to twelve months. They expect Bitcoin dominance to either reverse from current levels or rise towards 70 percent before changing direction.

Once Bitcoin Dominance drops below 50%, Egrag predicts the start of altseason, with a potential rally in the ETH/BTC pair.

The 2024/2025 crypto bull run is expected to favor altcoins as institutions tokenize real-world assets. Projects like Solana (SOL), Toncoin (TON), Tron (TRX), and BNB Chain, which have seen a rise in daily active users, are anticipated to perform well.

DeFi projects on these top chains are likely to attract more investors and users, leading to higher volatility, liquidity, and trading volume. As these projects grow, they could further energize the crypto market.

The above is the detailed content of Meme Coin Mania on Tron and BNB Chain Signals Potential Altseason. For more information, please follow other related articles on the PHP Chinese website!

Statement of this Website
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn

Hot AI Tools

Undresser.AI Undress

Undresser.AI Undress

AI-powered app for creating realistic nude photos

AI Clothes Remover

AI Clothes Remover

Online AI tool for removing clothes from photos.

Undress AI Tool

Undress AI Tool

Undress images for free

Clothoff.io

Clothoff.io

AI clothes remover

Video Face Swap

Video Face Swap

Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Tools

Notepad++7.3.1

Notepad++7.3.1

Easy-to-use and free code editor

SublimeText3 Chinese version

SublimeText3 Chinese version

Chinese version, very easy to use

Zend Studio 13.0.1

Zend Studio 13.0.1

Powerful PHP integrated development environment

Dreamweaver CS6

Dreamweaver CS6

Visual web development tools

SublimeText3 Mac version

SublimeText3 Mac version

God-level code editing software (SublimeText3)

Bitcoin, Meme Coins and Coinbase Shares Soar After Donald Trump Wins the US Election Bitcoin, Meme Coins and Coinbase Shares Soar After Donald Trump Wins the US Election Nov 07, 2024 pm 06:24 PM

Bitcoin, meme coins and Coinbase shares soared after Donald Trump won the US election, even as tokens linked to the incoming president nosedived.

SlumDOGE Millionaire on How to Invest to Earn Big, Finding Winning Meme Coins, NEIRO, and Turning $180K into $3M in DOGE | Ep. 366 SlumDOGE Millionaire on How to Invest to Earn Big, Finding Winning Meme Coins, NEIRO, and Turning $180K into $3M in DOGE | Ep. 366 Sep 04, 2024 pm 03:45 PM

SlumDOGE got his first “big boy salary corporate job” in 2018 in the hip-hop industry. Being able to save up, he googled ‘how to become a millionaire’ and decided that investing was the next step.

Baby Doge, SUN Soar as Meme Coins Join Broader Crypto Market Upswing Baby Doge, SUN Soar as Meme Coins Join Broader Crypto Market Upswing Sep 19, 2024 pm 09:35 PM

Most meme coins reflected gains on Thursday, joining Bitcoin (BTC) and Ether (ETH) in posting significant increases.

Solana Meme Coins are Outperforming Major Cryptocurrencies, Why? Solana Meme Coins are Outperforming Major Cryptocurrencies, Why? Oct 11, 2024 pm 12:56 PM

Solana’s top meme coins are currently outperforming major cryptocurrencies, experiencing notable price surges despite the ongoing bearish market sentiment.

Telegram Meme Coins Threaten to Break Ton Network Telegram Meme Coins Threaten to Break Ton Network Aug 29, 2024 pm 09:56 PM

Telegram meme coins have been in the spotlight for a while due to the overly successful mini-Apps technology on the messaging platform.

MoonBag (MBAG): The Original Meme Coin Still Holding Strong MoonBag (MBAG): The Original Meme Coin Still Holding Strong Sep 01, 2024 pm 06:24 PM

In the transforming world of cryptocurrency, meme coins have become a unique and influential segment, capturing the imagination of investors and the broader public alike. Among these digital assets, Play Doge, Dogecoin, and MoonBag (MBAG) are making

The Brett Price Is At A Critical Point The Brett Price Is At A Critical Point Sep 04, 2024 pm 06:08 PM

The Brett price plummeted over 10% in the last 24 hours to trade at $0.06867 as of 11:38 p.m. EST as traders dump their holdings in the meme coin.

Rexas Finance (RXS): The 'Cardano Killer' Altcoin Season is Around the Corner Rexas Finance (RXS): The 'Cardano Killer' Altcoin Season is Around the Corner Sep 21, 2024 pm 09:38 PM

The cryptocurrency market has never been free of swings in emotion as well as differences in action. For much of the time, Bitcoin (BTC) has led with the rest of the altcoin market following its example.