Stacks

sBTC

Jupiter

Bitcoin

Bitcoin has reached a significant milestone, crossing the $100,000 mark. This represents a 49.25% rise from its monthly low, pushing its market cap to an impressive $2 trillion. With this achievement, Bitcoin has surpassed the valuation of major global entities like Saudi Aramco and Facebook.&nbsp;&nbsp;
The news has sparked widespread excitement within the crypto community, with celebrations spilling into the streets as Bitcoin enthusiasts marked the occasion. This surge in Bitcoin’s value has also bolstered the altcoin market, gaining momentum as investors turn their attention to other promising cryptocurrencies. As such, this analysis highlights the <a href="https://insidebitcoins.com/news/best-cryptocurrencies-to-invest-in-right-now-december-3-aave-solana-maker" rel="noopener noreferrer nofollow">best cryptocurrencies to invest in now</a>.
<h2 id="b-best-cryptocurrencies-to-invest-in-right-now-b">Best Cryptocurrencies to Invest in Right Now</h2>
Bittensor is currently valued at $687.11, a 15% increase in the past 24 hours. Stacks recently unveiled its sBTC deployment plan, a significant step in the development of its ecosystem.&nbsp;
Furthermore, Jupiter attracts attention due to its commitment to fair reward distribution between the team and its community. In broader market news, <a href="https://finance.yahoo.com/news/bitcoin-hits-100-000-highly-025306428.html" rel="noopener noreferrer nofollow">Bitcoin</a> recently achieved the $100,000 milestone, a long-anticipated achievement.
<h3 id="b-1-bittensor-tao-b">1. Bittensor (TAO)</h3>
Bittensor is valued at $687.11, reflecting a 15% rise in the past 24 hours. Its 24-hour trading volume is $950.19 million, with a market capitalization of $5.06 billion, giving it a market dominance of 0.14%. The current market sentiment is positive, as indicated by a bullish outlook and a Fear &amp; Greed Index score of 78, signifying “Extreme Greed.”
Over the past year, TAO’s price has climbed by 104%, demonstrating significant growth. It is trading well above its 200-day simple moving average (SMA) of $122.07, exceeding 462.22%. Additionally, the cryptocurrency has maintained a strong performance recently, with 18 green days recorded out of the last 30 (60%).
<img decoding="async" class="aligncenter size-full wp-image-607043" src="https://insidebitcoins.com/wp-content/uploads/2024/12/TAO-Price-Chart-1.png" alt="TAO Price Chart " width="1200" height="800" srcset="https://insidebitcoins.com/wp-content/uploads/2024/12/TAO-Price-Chart-1.png 1200w, https://insidebitcoins.com/wp-content/uploads/2024/12/TAO-Price-Chart-1-300x200.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/12/TAO-Price-Chart-1-1024x683.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/12/TAO-Price-Chart-1-768x512.png 768w" sizes="(max-width: 1200px) 100vw, 1200px">
The 14-day Relative Strength Index (RSI) is at 56.85, suggesting a neutral stance and the possibility of sideways price movement in the near term. This metric may indicate a period of stability or consolidation.&nbsp;
Meanwhile, Bittensor’s high liquidity, relative to its market size, supports efficient trading and market stability. These factors and consistent trading above its 200-day SMA suggest that the token is maintaining strong momentum. However, given the fast-paced rise in its value, investors may wish to remain cautious and consider potential market corrections.
<h3 id="b-2-jupiter-jup-b">2. Jupiter (JUP)</h3>
Jupiter is currently priced at $1.3024, with the token experiencing a decline of 0.98% in the past 24 hours. Despite this short-term dip, the price sentiment remains optimistic, with a Fear &amp; Greed Index of 84, indicating “Extreme Greed.”
The project has gained attention due to its focus on equitable reward distribution between the community and the team. The Jupuary event, which went live on December 4, reflects Jupiter’s strategy to engage all segments of its user base. Instead of traditional vesting methods, the initiative encourages community alignment, with JUP tokens being used actively for governance votes.&nbsp;
<img decoding="async" class="aligncenter size-full wp-image-607044" src="https://insidebitcoins.com/wp-content/uploads/2024/12/JUP-Price-Chart-1.png" alt="JUP Price Chart " width="1200" height="800" srcset="https://insidebitcoins.com/wp-content/uploads/2024/12/JUP-Price-Chart-1.png 1200w, https://insidebitcoins.com/wp-content/uploads/2024/12/JUP-Price-Chart-1-300x200.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/12/JUP-Price-Chart-1-1024x683.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/12/JUP-Price-Chart-1-768x512.png 768w" sizes="(max-width: 1200px) 100vw, 1200px">
Furthermore, token holders can stake JUP and benefit from the protocol’s revenue-sharing mechanism. From a technical perspective, Jupiter’s trading activity is noteworthy. The token is currently trading significantly above its 200-day simple moving average of $0.003332, representing a remarkable 38,961.16% increase. This places it near its recent cycle high of $1.35334, indicating strong market performance.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 The second Jupuary vote will go live in about an hour from now at 4AM UTC!
 Join the J.U.P rally at 3:30 AM UTC to listen to a review of the feedback collected and the changes in the proposal.
 We will then kick-off the vote live during the call! 🔥 <a href="https://t.co/EteBzqzAgw" rel="noopener noreferrer nofollow">https://t.co/EteBzqzAgw</a>
 — Jupiter 🪐 (@JupiterExchange) <a href="https://twitter.com/JupiterExchange/status/1864144182706884702?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">December 4, 2024</a>
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Jupiter is trading significantly above its 200-day simple moving average of $0.003332, reflecting a sharp increase of 38,961.16%. The 14-day RSI is at 53.35, suggesting neutral market momentum, possibly resulting in sideways trading.&nbsp;
Moreover, Jupiter is forecasted to trade between $1.3318 and $3.93 by the end of the year. If the token achieves the predicted average of $2.38, it would represent an 83.12% increase from today’s value, potentially offering returns of up to 201.69% for investors.&nbsp;
<h3 id="b-3-stacks-stx-b">3. Stacks (STX)</h3>
Stacks (STX) is a Bitcoin Layer designed to enable smart contracts and decentralized applications while leveraging Bitcoin as an underlying asset. Through its Proof of Transfer consensus and Clarity programming language, Stacks can read the complete Bitcoin state. This ensures that all transactions on the Stacks network are hashed and settled directly on Bitcoin’s Layer 1, with blocks secured by Bitcoin’s full hash power.
<img decoding="async" class="aligncenter size-full wp-image-607047" src="https://insidebitcoins.com/wp-content/uploads/2024/12/STX-Price-Chart.png" alt="STX Price Chart" width="1200" height="800" srcset="https://insidebitcoins.com/wp-content/uploads/2024/12/STX-Price-Chart.png 1200w, https://insidebitcoins.com/wp-content/uploads/2024/12/STX-Price-Chart-300x200.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/12/STX-Price-Chart-1024x683.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/12/STX-Price-Chart-768x512.png 768w" sizes="(max-width: 1200px) 100vw, 1200px">
Recently, Stacks announced its sBTC deployment plan, marking a significant development in its ecosystem. The first phase of the sBTC mainnet, scheduled for December 16, 2024, will introduce Bitcoin deposit functionality. The second phase, expected in early 2025, will enable Bitcoin withdrawals.&nbsp;
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Stacks' sBTC will pave the way for the Bitcoin economy 🟧
 sBTC is being embraced by the crypto world, with many leading entities and institutions adopting Stacks' novel way to move BTC to the <a href="https://twitter.com/search?q=%24STX&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$STX</a> L2.
 Let's highlight a few of them in this thread, starting with Solana 👇 1/6 <a href="https://t.co/SDfQLUQP9p" rel="noopener noreferrer nofollow">pic.twitter.com/SDfQLUQP9p</a>
 — stacks.btc (@Stacks) <a href="https://twitter.com/Stacks/status/1864283365412614653?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">December 4, 2024</a>
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These updates aim to expand Bitcoin’s utility beyond holding and transferring, making it more accessible for a broader range of decentralized applications. At press time, STX trades at $2.82, surging by 9.02% in the last 24 hours, reflecting a bullish market sentiment.&nbsp;
Technically, STX is trading 54.08% above its 200-day simple moving average of $1.85, indicating robust performance. Furthermore, with 63% of the past 30 days in the green and trading near its cycle high, the token shows strong liquidity relative to its market cap.&nbsp;
<h3 id="b-4-cosmos-atom-b">4. Cosmos (ATOM)</h3>
Cosmos is currently valued at $9.77, reflecting a modest 0.24% price increase in the last 24 hours. With a 24-hour volume-to-market cap ratio of 0.3572, the token demonstrates a reasonable level of liquidity based on its market capitalization. These metrics suggest steady trading activity and investor confidence.
Meanwhile, Cosmos is trading 57.58% above its 200-day simple moving average (SMA) of $6.21, indicating strong upward momentum. The token has also shown a positive trend, with 21 green days in the past month, reinforcing its relatively stable performance.
<img decoding="async" class="aligncenter size-full wp-image-607048" src="https://insidebitcoins.com/wp-content/uploads/2024/12/ATOM-Price-Chart-1.png" alt="ATOM Price Chart " width="1200" height="800" srcset="https://insidebitcoins.com/wp-content/uploads/2024/12/ATOM-Price-Chart-1.png 1200w, https://insidebitcoins.com/wp-content/uploads/2024/12/ATOM-Price-Chart-1-300x200.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/12/ATOM-Price-Chart-1-1024x683.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/12/ATOM-Price-Chart-1-768x512.png 768w" sizes="(max-width: 1200px) 100vw, 1200px">
The 14-day Relative Strength Index (RSI) for Cosmos is at 62.99, which indicates a neutral market condition. This RSI value suggests that the token is neither overbought nor oversold, implying that it may continue to trade sideways in the short term.
Furthermore, Cosmos is predicted to increase by 5.18% to reach an estimated price of $10.39 by next year. This forecast reflects a cautiously optimistic outlook for the token, supported by its ongoing positive performance.
<h3 id="b-5-catslap-slap-b">5. Catslap (SLAP)</h3>
Catslap, a recently launched meme cryptocurrency inspired by playful cat-slapping memes, has seen significant activity since its debut on November 21. Initially listed on the decentralized exchange Uniswap, the token gained momentum quickly, reflecting growing interest from the crypto community.
<iframe title="CAT Slap Meme Coin SKYROCKETS 2,000% In ONE Day!" width="640" height="360" src="https://www.youtube.com/embed/cqReBFpK5e4?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
The token’s price rose from an initial $0.000118 to $0.00399 within three days, marking a rapid 33-fold increase. This growth occurred solely through trading on decentralized platforms, as it has yet to secure a listing on major centralized exchanges. On November 25, Catslap reached an all-time high of $0.005238 before entering a consolidation phase. While this pullback raised some caution, the price movement suggests stabilization rather than a downturn.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 20 hours till the big announcement … You ready? <a href="https://t.co/bsQNj5nsEG" rel="noopener noreferrer nofollow">pic.twitter.com/bsQNj5nsEG</a>
 — Catslap (@CatSlapToken) <a href="https://twitter.com/CatSlapToken/status/1864317228977385622?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">December 4, 2024</a>
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Market excitement surged on December 3 when a whale investment drove an 80% price increase, pushing the token to $0.0059. This spike reflects heightened interest among investors and hints at growing confidence in the project. Speculation about a listing on a Tier-1 exchange has further fueled the buzz, especially after Catslap’s website hinted at a “major update.”
At the time of writing, Catslap is trading at $0.007441, marking a 235.59% increase over the past week despite slight intraday fluctuations. While still new to the meme coin space, its early performance and potential developments make it a project to watch closely in the cryptocurrency market.
<a href="https://insidebitcoins.com/visit/catslap" rel="noopener noreferrer nofollow">Visit CatSlap Website</a>
<h3 id="b-read-more-b">Read More</h3>
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Best Cryptocurrencies to Invest in Right Now December 4 – Bittensor, Cosmos, Stacks

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