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THE AFRICAN GIANT
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Bullish
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BTC
is above $87k
$BTC
#BTCBreaks87k
#BTC☀
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⏺ Daily Recap: November 11 📈 SOL hits $100B market cap briefly. 🔔 DOGE now ranks 6th, overtaking USDC. 💲 FTX sues Changpeng Zhao for $1.8B; Alameda sues Waves’ founder for $90M. 📊 Bitcoin ETFs attracted $1.63B, Ethereum ETFs $154M last week. 💸 Bitcoin approaches $86K(updated) as traders eye $100K target. 🟢 SUI, GOAT, and MEOW hit new ATHs; BNB and SOL likely next. 💥 MicroStrategy buys 27,200 BTC at an average of $74,463 per BTC.
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Certainly! Here’s a summary of the reasons why TON Blockchain is underperforming in the current bull run: 1. High Competition: Established Layer-1 blockchains like Ethereum and Solana are dominating the market, making it hard for TON to stand out. 2. Limited DeFi and NFT Ecosystem: TON lacks the extensive DeFi and NFT platforms seen on other blockchains, which are key drivers of the current bull market. 3. Regulatory Setbacks: TON’s initial association with Telegram led to SEC regulatory issues, making some investors hesitant. 4. Weak Developer Incentives: Unlike other platforms, TON hasn’t offered enough rewards or support to attract developers and grow its ecosystem. 5. Low Market Awareness: Despite its potential, TON is less visible in the market, with limited adoption and partnerships to drive awareness. 6. Investor Preference for Proven Platforms: Investors are prioritizing established, high-liquidity projects this bull run, which has put TON at a disadvantage. With these challenges, TON could benefit from building more partnerships, expanding developer incentives, and increasing its ecosystem visibility to attract more investors and users. $TON #tonecoin #AltCoinRush #BullRunAhead
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Bitcoin breaks through $83,500 for the first time, reaching record high $BTC #BTCBreaks84k #BTC☀
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Murad: The market value of the best meme coin this cycle will reach 20 billion to 100 billion US dollars #MemeWatch2024 #mememcoinseason2024 #meme_coin
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📊 Last week, Bitcoin spot ETFs attracted $1.63 billion, while Ethereum ETFs saw $154 million in inflows. $BTC $ETH #AltCoinRush #BTCNear82k #ETHETFsApproved
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