- Cryptocurrency market cap reaches $1.54 trillion; BIGTIME surges 41% in 24 hours.
- MEME token hits all-time high, outperforming Dogecoin and Shiba Inu.
- LUNA’s price rises 11% amid SEC lawsuit challenges; trading volume spikes.
Over the previous day, numerous cryptocurrencies experienced an increase in their value, in tandem with the overall market capitalization that reached $1.54 trillion at the time of reporting, as per the data from CoinMarketCap. Nonetheless, certain cryptocurrencies like Big Time (BIGTIME), Memecoin (MEME), Terra
Big Time (BIGTIME)
Within this group of alternative cryptocurrencies, BIGTIME experienced the most significant increase, with its value rising by more than 41% during the last 24-hour trading period. Consequently, the digital currency’s value reached approximately $0.7965 at the time of reporting, achieving a peak value of $0.8985. Over the previous month, BIGTIME also saw remarkable success, with its price escalating by over 395%.
The recent achievements of BIGTIME may be due to its introduction to the South Korean market through the cryptocurrency exchange Bithumb. Trading of BIGTIME began on the exchange on November 30, utilizing the ERC-20 network that is supported.
Memecoin (MEME)
The token MEME captured some attention when its value increased by 23.26% within 24 hours, elevating its market price to $0.03962. Additionally, during the previous day, this meme cryptocurrency attained a peak value of $0.04217, marking the highest price ever recorded for the token.
The substantial surge in MEME’s value is particularly noteworthy given that the alternative cryptocurrency surpassed the performance of several other meme tokens in the market. Dogecoin
Terra (LUNA)
Traders and the community may support LUNA as the U.S. Securities and Exchange Commission (SEC) encounters difficulties in its lawsuit against Terraform Labs. While preparing for the trial, Judge Rakoff received information regarding a lawsuit in Utah in which the SEC faces allegations of multiple regulatory infractions.
In the Utah case, the SEC faced allegations of misleading conduct. Terraform Labs’ attorneys leverage this to erode the SEC’s trustworthiness entirely.
As of the latest update, information from CoinMarketCap showed that LUNA’s trading price had reached $1.14, following an increase of more than 11% within the previous 24 hours. Additionally, the trading volume for LUNA over the same 24-hour period surged by 73.60%, resulting in a total volume of $771,857,035.
Pepe (PEPE)
In conclusion, the meme cryptocurrency known as PEPE has recently shown strong performance. Over the previous seven days, the token’s value surged by 31.39%, and it also experienced a price rise of over 24% in the last month. The upward trend for this meme coin persisted in the last 24 hours, with its price escalating to $0.000001415, marking a 15.18% increase.
Disclaimer: The insights, perspectives, and data presented in this price analysis are published in good faith. Readers must conduct their own research due diligence. Any decision made by the reader is solely their responsibility, and Crypto Outlooks shall not be held responsible for any consequential or incidental harm or loss.
