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You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/market-trends-indicate-bitcoin-and-meme-coins-gain-momentum/" data-wpel-link="internal">Market Trends Indicate Bitcoin and Meme Coins Gain Momentum</a> 
The surge in Bitcoin price has prompted many meme coins to respond rapidly, with <a href="https://en.coin-turk.com/dogecoin-continues-to-thrive-as-a-leading-meme-coin/" data-wpel-link="internal">DOGE</a> quickly surpassing the $0.42 mark despite its massive market cap. Cryptocurrency traders believe the most enjoyable phase of the cycle has begun, and they are justified, given that the BTC price lingers near an all-time high. 
<h2 style="text-align: justify" id="bonk-coin-s-potential">BONK Coin’s Potential</h2> 
In today’s market evaluation, Altcoin Sherpa highlighted that BONK Coin has emerged as the leading meme coin, marking a significant breakout. With closing prices above $0.00005, BONK Coin could achieve substantial gains. This <a href="https://en.coin-turk.com/what-is-glimmer-coin/" data-wpel-link="internal">altcoin</a>, still experiencing its first bull season, was launched to support the Solana network, which is currently struggling. 
Growth on the Solana network directly impacts the rising price of BONK Coin. Meanwhile, <a href="https://en.coin-turk.com/crypto-scams-surge-in-the-solana-ecosystem/" data-wpel-link="internal">SOL</a> Coin, which is challenging the $240 threshold, aims to exceed $256 and reach new all-time highs. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-407461 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/11/bonk-coin-analist-tahmini.jpg" alt="" width="1351" height="755"> 
A key issue here is the relatively weak volumes over the weekend. While Mondays typically bring declines, if the weekly closing can be satisfactory for BTC, the new week may begin positively for altcoins. 
<h2 style="text-align: justify" id="will-cryptocurrency-rise">Will Cryptocurrency Rise?</h2> 
Kyledoops stated in today’s analysis that more is to come. Despite BTC lingering at $90,700, the analyst compares today with previous cycles, emphasizing that we have not proportionally approached the peak yet. According to the shared graph, we are in one of the most exciting phases of the rise, yet there are better days ahead in the cycle. 
<blockquote> 
 “Bitcoin’s bull run is just beginning, and 200 days have passed since halving. 
 Historically, these markets start making moves 300 days post-halving, signaling significant growth on the horizon. Get ready; this rise is not over yet!” 
</blockquote> 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-407462 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/11/bitcoin-onceki-dongu-kiyaslamalari.jpg" alt="" width="1280" height="768"> 
Daan Crypto Trades noted in a recent analysis the historical performance of the fourth quarter. 
<blockquote> 
 “Bitcoin’s fourth quarter is already shaping up well. Generally, the fourth quarter of a halving year performs very well, followed by a strong first quarter the next year. Let’s see if this time will be different.” 
</blockquote> 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-407463 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/11/bitcoin-yillara-gore-aylik-performans.png" alt="" width="658" height="715"> 
The potential for continued growth in the first quarter is supported by Trump’s inauguration date of January 20. 
The post <a href="https://en.coin-turk.com/market-trends-indicate-bitcoin-and-meme-coins-gain-momentum/" data-wpel-link="internal">Market Trends Indicate Bitcoin and Meme Coins Gain Momentum</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.

Market Trends Indicate Bitcoin and Meme Coins Gain Momentum

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