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BTC Holds $96K, XRP Climbs 17%, ENS Surges 27%

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Cryptocurrency Prices Today, November 30: The broader market witnessed mixed price action, sparking investor speculation globally. Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) continued trading within tight ranges. XRP emerged as the fastest gainer among the top 10 cryptocurrencies, surging by 17% in the last 24 hours and climbing to become the fifth-largest cryptocurrency by market cap. ENS token outperformed as the top gainer, recording a remarkable 27% jump.

The global crypto market cap rose by 1% over the past 24 hours, reaching $3.38 trillion. Meanwhile, total trading volume increased by 11%, now at $170 billion. The Fear and Greed Index currently sits at 82/100, indicating extreme greed in market sentiment. Let’s explore the price movements of top cryptocurrencies by market cap on November 30.

Cryptocurrency Prices Today: BTC, ETH, SOL Trade Steady, XRP Jumps 17%

Today cryptocurrency prices exhibit mixed trends. BTC continues trading between the $95K to $98K range, striving to breach the $100K mark. Solana and Ethereum also remain range-bound, reflecting a steady market. Top meme coins like DOGE and SHIB display mixed performances. Meanwhile, XRP leads the top 10 cryptocurrencies, emerging as the highest percentage gainer.

Bitcoin Price Today

Bitcoin (BTC) price has traded flat over the past 24 hours, currently at $96,660. Its 24-hour low and high stand at $95,614 and $98,693, respectively, reflecting its consistent range-bound movement in recent days.

The cryptocurrency boasts a market cap of $1.91 trillion and a 24-hour trading volume of $54 billion. BTC’s market dominance has slightly dropped to 56.56%, indicating some shifts in market dynamics.

Additionally, Rich Dad Poor Dad author Robert Kiyosaki has forecasted that Bitcoin will soon surpass $100,000. He emphasized that such a surge could make it increasingly difficult for the middle class to invest in Bitcoin.

Ethereum Price Today

Ethereum (ETH) price is trading at $3,631, reflecting a 1% increase in the past 24 hours. Its 24-hour low and high stand at $3,538 and $3,648, respectively, indicating relatively stable price action.

With a market cap of $437 billion and a 24-hour trading volume of $29 billion, ETH remains the second-largest cryptocurrency. Its market dominance is at 12.93%, showcasing its continued importance in the cryptocurrency market.

Moreover, the Ethereum Foundation has invested a substantial investment into zkVM (zero-knowledge virtual machine) technology. This move underscores its dedication to advancing blockchain scalability and innovation.

Solana Price Today

Solana (SOL) price is trading at $241, reflecting flat movement over the last 24 hours. Its 24-hour low and high are $237 and $246, respectively, showing the coin’s persistent range-bound behavior for over two weeks.

With a market cap of $114 billion and a 24-hour trading volume of $4 billion, SOL remains the fourth-largest cryptocurrency by market capitalization. Notably, Solana has surpassed Ethereum in monthly fee generation, achieving a significant milestone in the blockchain space.

Recent data reveals Solana generated $183.46 million in monthly fees, slightly ahead of Ethereum’s $181.42 million for the same period. Additionally, CoinGape Media’s recent analysis predicts a potential price surge for SOL, estimating it could reach $1,300 in the near term.

XRP Price Today

XRP emerged as the top gainer among the top 10 cryptocurrencies, surging by 17% in the past 24 hours. Its price is currently trading at $1.78, with a 24-hour low of $1.54 and a high of $1.85. This impressive rally has helped XRP surpass BNB, making it the fifth-largest cryptocurrency by market cap.

With a market cap of $101 billion and a 24-hour trading volume of $16 billion, XRP remains a key focus in cryptocurrency prices today. The surge in XRP’s value highlights growing interest and momentum in the market.

In addition, Ripple Labs is preparing to launch RLUSD, a native stablecoin on the XRP Ledger, by next week. This move signifies Ripple’s continued innovation and expansion within the blockchain ecosystem.

Meme Coins Performance Today

Dogecoin (DOGE) price has seen a 3% increase in cryptocurrency prices today, currently trading at $0.4195. This positive movement comes amid growing speculation around a potential Dogecoin ETF, with expectations that crypto-friendly policies and DOGE’s recent price surge could lead to approval by 2025.

Meanwhile, Shiba Inu (SHIB) is trading flat today at $0.00002581, showing little change in the last 24 hours. Despite this, SHIB has gained significant attention recently, with a notable 200% surge in value over the past year, signaling strong community backing and potential for further growth.

In addition, other popular meme coins like PEPE, BONK, and WIF are trading flat to a 1-2% gain in cryptocurrency prices today. This reflects overall stability in the meme coin market, as these coins continue to show consistent, modest movements amidst broader market trends.

Top Cryptocurrency Gainers Prices Today

Ethereum Name Service

ENS price is currently trading at $42, reflecting a 27% gain in the last 24 hours. Its 24-hour low and high are $32.27 and $43.47, indicating strong price movement.

In addition, BitMEX co-founder Arthur Hayes recently accumulated ENS tokens, which has boosted market confidence. This significant investment highlights growing interest and potential in ENS, reinforcing its upward momentum.

Core

Core (CORE) price is currently trading at $1.40, reflecting a surge of 25% over the past 24 hours. This makes it the top gainer for today, with a 24-hour low and high of $1.09 and $1.49, respectively.

With a market cap of $1.3 billion, CORE continues to gain attention, showing strong upward momentum in the current market conditions. Its impressive price movement highlights growing investor interest and confidence in the token.

Top Cryptocurrency Losers Prices Today

MANTRA

MANTRA (OM) price is currently trading at $3.445, reflecting a 5% decline in the last 24 hours. Its 24-hour low and high are $3.40 and $3.65, indicating some price volatility during this period.

Raydium

Raydium (RAY) price is trading at $5.60, showing a 4% decline in the last 24 hours. Its 24-hour low and high are $5.53 and $5.84, reflecting a slight price decrease.

On the other hand, cryptocurrency prices today are showing bullish momentum across the broader market. In the past hour, Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) have all seen gains, indicating a positive short-term trend for these major cryptocurrencies.

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Coingape Staff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Spot Ethereum ETF Flips Bitcoin ETFs in Daily Inflows, $5000 Target In Sight?

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46 minutes ago

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November 30, 2024

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The spot Ethereum ETFs witnessed one of the largest daily inflows while overtaking the spot Bitcoin ETFs on Friday. This is the first time that Ether ETFs have achieved this milestone, since launch, showing a shift in investor sentiment. As a result, the ETH price surged another 4.27% moving past $3,720, setting the stage for the next rally to $5,000.

Spot Ethereum ETF Inflows on the Rise

Institutional demand for the spot Ether ETFs is slowly picking pace. Yesterday, the total inflows into US Ether ETFs stood at a staggering $332 million overtaking the Bitcoin ETF daily inflows of $320 million.

This is the fifth consecutive trading session in which Ethereum ETFs saw net positive inflows. On Friday, the BlackRock Ether ETF (ETHA) alone accounted for $250 million in inflows followed by Fidelity’s FETH at $79.1 million in inflows, per the data from Farside Investors.

Nate Geraci, president of The ETF Store, stated that the BlackRock Ether ETF (ETHA) has now surpassed $2 billion in total inflows since its launch in July, underscoring strong investor demand and growing institutional interest in Ethereum as a leading digital asset.

Source: SosoValue

On the other hand, the BlackRock Bitcoin ETF (IBIT) saw $137.5 million in inflows yesterday. This shows that the capital rotation from Bitcoin (BTC) to Ethereum (ETH) has begun.

While inflows into Ether ETFs have been on the rise, the Bitcoin ETF inflows have slowed down recently. Earlier this week, the BlackRock Bitcoin ETF (IBIT) saw zero inflows for two consecutive days in a row. Recent reports also suggest that BlackRock funds from the traditional portfolio have also been buying millions of IBIT shares recently.

ETH Price Rally to $5,000?

Market analysts have turned bullish on the Ethereum price while expecting new all-time highs above $5,000. At press time, ETH price has surged another 4% with bulls taking it beyond the crucial resistance $3,700, setting an immediate target of 4,000.

Ethereum’s price chart has confirmed a breakout from an inverse head-and-shoulders pattern, signaling potential bullish momentum ahead. Analyst ‘Trader Tardigrade’ suggests that a retest of the $3,538–$3,445 range could present a final buying opportunity at these levels before ETH targets the pattern’s projected high of $5,800.

Source: Trader Tardigrade

The spot Ethereum ETF inflows could provide further fuel for the ETH rally to continue to new all-time highs. This could also kickstart the much-awaited altcoin season leading a mega rally in the crypto market.

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Bhushan Akolkar

Bhushan is a FinTech enthusiast with a keen understanding of financial markets. His interest in economics and finance has led him to focus on emerging Blockchain technology and cryptocurrency markets. He is committed to continuous learning and stays motivated by sharing the knowledge he acquires. In his free time, Bhushan enjoys reading thriller fiction novels and occasionally explores his culinary skills.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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SHIB Burn Rockets 7400% As Exec Burns 80M Coins, Shiba Inu Price to $0.0004?

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2 hours ago

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November 30, 2024

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Market watchers are once again eyeing Shiba Inu price optimistically, primarily attributable to the latest SHIB burn data. Notably, burn statistics on Saturday indicated a whopping 7,400% uptick in the crypto’s weekly burn rate, as roughly 2 billion coins were destroyed. In turn, crypto enthusiasts are eyeing a potential $0.0004 target for the renowned dog-themed meme coin ahead amid a bullish Q4 market.

SHIB Burn Surges 7,400% Weekly As Kaaldhairya Burns 80M Coins

According to the official tracker Shibburn on X, the SHIB weekly burn soared 7,418% on Saturday, November 30. This colossal surge comes against the backdrop of 1.93 billion coins removed from the meme token’s market supply. Notably, with the massive burn surge weighing in, the dog-themed meme coin‘s total supply at the time of reporting was evaluated as 589.26 trillion tokens.

SHIB Burn DataSHIB Burn Data

For context, the meme coin’s token burn mechanism helps in reducing the asset’s excessive market supply by transferring it to a null address. These tokens can never be retrieved, thereby delivering a considerable blow to the crypto’s supply. In turn, market watchers anticipate a bullish effect on the asset’s price, reflecting the law of supply and demand.

Intriguingly, it’s also worth mentioning that Shiba Inu exec Kaaldhairya appears to have contributed significantly to the burn rate surge mentioned above. Kaal took to X as of November 30, revealing that the ecosystem’s semi/auto burns have been working for months, burning over 300M tokens to date. Moreover, the exec said, “I just burned 80M+ SHIB a few minutes ago and enjoyed the cool animation at the end.” While these statements solidified optimism about the meme coin’s long-term prospects, they also cleared any misconceptions about the auto-burns designed to reduce the excessive supply.

Additionally, the same exec also revealed that the recent maintenance on Shibarium is complete and that the bridge is now fully functional. This development has further solidified the meme coin’s leading stance in the broader sector. On the other hand, Kaaldhairya also revealed that the team is “still working on upgrades for the burn contracts,” igniting additional discussions over future price movements.

What’s Ahead For SHIB Price?

At the time of reporting, SHIB price traded at $0.00002593, down marginally by 0.06%. Its intraday low and high were $0.00002551 and $0.00002633, respectively. Besides, the monthly chart for the coin shows a 39% uptick, underscoring optimism in light of the SHIB burn surge and community advancements.

Simultaneously, a Shiba Inu price analysis by CoinGape Media revealed that the token eyes potential gains ahead, although the chances of a $1 target this year remain slim. Besides, if the coin sustains its monthly bullish momentum, it could break the resistance of $0.00003. This bullish drive could further pave the path for a $0.0004 price target in turn.

Meanwhile, rising Shiba Inu whale accumulations have added to market optimism surrounding the coin’s price action ahead. CoinGape Media reported a major whale to have continued bagging the token amid a bull market. Simultaneously, crypto market participants continue to monitor the meme-themed coin for further price action shifts in light of optimistic statistics.

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CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Dogecoin To $2 As Elon Musk and Vivek Ramaswamy Proposes DOGE Reforms

Published

3 hours ago

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November 30, 2024

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Elon Musk and Vivek Ramaswamy will meet with Republican House and Senate members next week, revealed House Speaker Mike Johnson. The Department Of Government Efficiency (DOGE) will propose key proposals to reform government regulations and agencies. Dogecoin price awaiting a breakout to $1 and further could witness a massive rally.

DOGE Lead Elon Musk and Vivek Ramaswamy Capitol Hill Visit

Elon Musk and Vivek Ramaswamy are heading to Capitol Hill next week to present key reform proposals of the Department of Government Efficiency (DOGE).

House Speaker Mike Johnson confirmed that Musk and Ramaswamy will meet Republican House and Senate members on December 5. Republican Party won the majority in both chambers of the US Congress in elections. The crypto industry supported Donald Trump and the candidates, triggering a BTC rally toward $100K and Dogecoin price to hit 3-year high.

Trump said DOGE will pave the way for the administration to dismantle governmental bureaucracy, slack excess regulations, cut expenditures, restructure federal agencies and more.

Elon Musk posted on November 30 about how the Biden administration impacted economic and business growth. Vivek Ramaswamy and Musk slammed the government as people and businesses were ‘debanked’ forcibly. Crypto executives including David Marcus, who led Facebook’s Libra project, revealed how the government politically killed Diem stablecoin.

Analysts Predict Dogecoin Rally to $2

Dogecoin rallied massively as President-elect Trump and Elon Musk promised major governmental transition and crypto-friendly regulations.

DOGE price jumped 6% in the past 24 hours, with the price currently trading at $0.42. The 24-hour low and high are $0.400 and $0.437, respectively. Furthermore, the trading volume has increased by over 80% in the last 24 hours, indicating massive interest among traders.

In the derivatives market, total Dogecoin future open interest climbed 6% in 4 hours and 15% in 24 hours, per Coinglass data. The 8.85 billion DOGE futures OI are now valued at $3.80 billion, signals support for a further upside move.

Analyst Bluntz Capital predicted a 420% upside for Dogecoin price to $2.2. He added that $1 will hit soon as DOGE/BTC pair chart targets massive rally.

Dogecoin Dogecoin

Rekt Capital, one of the top analysts, said Dogecoin price chart formed an ‘ascending triangle’ pattern on the daily chart. This means the meme coin could enjoy another round of money flow.

He added that DOGE needs to close the week above $0.43 to confirm a breakout to $1. Notably, DOGE is already forming a ‘golden cross’ on the 4-hour chart, which could trigger a rally to $2.

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Varinder Singh

Varinder has over 10 years of experience in the Fintech sector, with over 5 years dedicated to blockchain, crypto, and Web3 developments. Being a technology enthusiast and analytical thinker, he has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers. With CoinGape Media, Varinder believes in the huge potential of these innovative future technologies. He is currently leading the news team to cover latest updates and developments in the crypto industry.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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