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Crypto Price Today (Dec 26th, 2024): Bitcoin Price Stays Firm at $98k | BGB Leads Gainers! Crypto Price Today Crypto Price Today Story Highlights Fear & Greed Index continues to signal “Greed” despite the market cap falling to $3.4T Bitcoin price maintains its ground at $98k, with a minor price spike of 0.06% BGB leads the top 100 cryptos, with an intraday price surge of 20.49% The crypto market today has shown a slight decline in its valuation over the past 24 hours, with its market capitalization taking a fall of 0.79% to $3.4 trillion. This was accompanied by the trade volumes taking a shot of 11.80% to $118.37 billion. While the business incurred significant losses, the sentiments remained unaffected. Successively, the Fear & Greed Index remained in the “Greed” territory with a score of 63.$BGB Bitcoin Price Holds Ground at $98k Bitcoin has been holding its roots firm, despite the uncertainty in the market. In the past 24 hours, it has recorded a price spike of 0.06% to $98,324.87. The trading volumes, on the other hand, dipped by 16.40% to $37.04 billion. Successively, the U.S. spot Bitcoin ETFs reported net outflows of $338.4 million on Tuesday. That being said, we can expect BTC to trade sideways until the new year commences. Curious about BTC’s potential price targets for 2025? Read our Bitcoin Price Prediction 2025, 2026 – 2030 for insights!$BGB Altcoin Today: BGB Surges 20.49% The largest altcoin, Ethereum faced a 1.6% price drop to a press time tag of $3,438.73. Solana and XRP on the other hand, showed a decline of 2.23% and 2.05% respectively. The bearish movements highlight a broader cooling trend. Wondering if the ETH price will hit $5000 in 2025? Check out our Ethereum Price Prediction 2025, 2026-2030 to decode! Top Gainers BGB: Surged 20.49% to $6.34, leading the day’s rally. MOVE: Gained 16.52%, trading at $1.19. PENGU: Rose by 14.99%, now priced at $0.04065. Top Losers HYPE: Dropped 13.15% to $26.21. IOTA: Fell 9.53% to $0.3067. ONDO: Declined 8.99% to $1.52. Subscribe to us, for daily updates on crypto news and crypto prices! $BGB

The newly launched PENGU token has stolen the spotlight after becoming the largest Solana-based memecoin by market capitalization. The token’s rally has gathered massive interest from large-scale investors, who have heavily invested in the token over the last few days. New Solana Token Steals The Spotlight On December 17, the Pudgy Penguins Non-Fungible Token (NFT) project launched its official token, PENGU, on the Solana Blockchain. The token has moved through the ranks, flipping other Solana-based tokens and gathering massive attention in nine days. Pudgy Penguins, one of the largest NFT collections, consists of 8,888 unique cartoons of cute penguins and has a market capitalization of 205,757 ETH. In anticipation of the token launch, the project surged as the second-largest NFT collection, only falling behind CryptoPunks. Since its launch three years ago, the project has seen its community significantly grow and “cemented itself in the hearts and minds of everyday people and culture,” according to the project’s team. Additionally, it is expected to contribute to the project’s governance despite not having a specific use case announced yet. As such, the newly launched cryptocurrency aims to “expand its community and further widen the reach” of the project by allowing old and new users “to align” themselves with the penguins. According to CoinGecko data, the Solana-based memecoin debuted with a 500% surge to a market capitalization of $3.5 billion but registered massive volatility in the following days. Just hours after launching, PENGU’s price retraced over 50% before descending to a $1.4 billion market cap on December 20. The token hovered between the $0.025-$0.037 range over a few days, stabilizing around the range’s upper zone on Christmas Eve. Whales Fill Their Bags As PENGU Flips BONK Amid the market’s momentary Christmas Day gains, the token broke above this range and climbed to the $0.042 mark on Thursday morning, hitting a $2.6 billion market cap. During this 18% rally, the token flipped dogwifhat (WIF) and BONK to become the largest Solana memecoin by market cap, currently holding its position as the sector’s leader. PENGU became the fourth largest memecoin by this metric, just behind Dogecoin, Shiba Inu, and PEPE. Additionally, in the last 24 hours, the token has seen a 25% increase in market activity, with a daily trading volume of $1.92 billion. According to on-chain data analysis firm Lookonchain, Crypto whales have also noticed PENGU’s rally, with several large-scale investors filling their bags over the past week. On December 24, a whale that had received an airdrop of 116.7 million PENGU, worth $3.52 million, increased its holding with a $1 million purchase. According to the post, the wallet spent 5,250 SOL to buy an additional 34.42 million PENGU, holding a total of 151.12 million PENGU, valued at $5.08 million. Similarly, another whale exchanged 500,000 ai16z, another trending Solana-based memecoin, today for PENGU. In the past eight days, this investor has spent $2.47 million to buy 79.9 million PENGU, having unrealized profits of around $835,000. As of this writing, PENGU is trading at $0.038, a 4.8% increase in the daily timeframe. Source: NewsBTC.com The post New Solana Memecoin Leader? PENGU Flips BONK Amid Whale Accumulation appeared first on Crypto Breaking News.$PENGU

Meme coin prices crashed on Thursday, erasing most of the gains made during the Santa Claus rally on Christmas Eve. Fartcoin Fartcoin FARTCOIN -12.09% Fartcoin, one of the top meme coins in the Solana ecosystem, dropped by 16.8%, making it one of the biggest laggards. Floki FLOKI FLOKI 0.48%FLOKI retreated by 4.5%, while Shiba Inu Shiba Inu SHIB-2.19% Shiba Inu plummeted by 6.5%. Other top laggards in the meme coin industry were Brett, Mog Coin, and Popcat Popcat POPCAT-3.38%Popcat. PENGU was the only major meme coin in the green, rising by 6% as total sales jumped by 127% in the last 24 hours to $6.1 million. Meme coins retreated because of the risk-off sentiment in the crypto industry, as most coins dropped. Bitcoin fell to $95,000, while the market cap of all coins fell to $3.32 trillion. Altcoins, especially the highly volatile meme coins, often drop sharply when Bitcoin is not doing well. Meme coins and other altcoins also dropped as liquidity in the crypto industry fell because of the Christmas holiday. Data shows that most cryptocurrencies are seeing low volume as most investors and traders remain on holiday. Bitcoin had a 24-hour volume of $33.96 million on Thursday, the lowest level since November 3rd. Other meme coins had lower volume, too. Floki’s 24-hour volume was $238 million, its lowest level in over a month. Similarly, Fartcoin’s volume was $187 million, while Shiba Inu had a $576 million volume. Cryptocurrency prices often experience major swings in either direction when there is limited volume. Meme coin prices are also falling as investors continue to book profits after most of them rose sharply during the year. Floki peaked at $0.0002885 in November, 200% higher than its lowest level in August, while Shiba Inu reached $0.000033. Additionally, there are still concerns about the Federal Reserve, which hinted that it will deliver just two interest rate cuts in 2025. That hawkish tilt has pushed bond yields higher, with the 10-year moving to 4.63% and the 30-year and 5-year rising to 4.8% and 4.50%, respectively. Cryptocurrency prices and stocks often drop when bond yields are rising.$FLOKI $SHIB $FARTCOIN

Meme coin prices crashed on Thursday, erasing most of the gains made during the Santa Claus rally on Christmas Eve. Fartcoin Fartcoin FARTCOIN -12.09% Fartcoin, one of the top meme coins in the Solana ecosystem, dropped by 16.8%, making it one of the biggest laggards. Floki FLOKI FLOKI 0.48%FLOKI retreated by 4.5%, while Shiba Inu Shiba Inu SHIB-2.19% Shiba Inu plummeted by 6.5%. Other top laggards in the meme coin industry were Brett, Mog Coin, and Popcat Popcat POPCAT-3.38%Popcat. PENGU was the only major meme coin in the green, rising by 6% as total sales jumped by 127% in the last 24 hours to $6.1 million. Meme coins retreated because of the risk-off sentiment in the crypto industry, as most coins dropped. Bitcoin fell to $95,000, while the market cap of all coins fell to $3.32 trillion. Altcoins, especially the highly volatile meme coins, often drop sharply when Bitcoin is not doing well. Meme coins and other altcoins also dropped as liquidity in the crypto industry fell because of the Christmas holiday. Data shows that most cryptocurrencies are seeing low volume as most investors and traders remain on holiday. Bitcoin had a 24-hour volume of $33.96 million on Thursday, the lowest level since November 3rd. Other meme coins had lower volume, too. Floki’s 24-hour volume was $238 million, its lowest level in over a month. Similarly, Fartcoin’s volume was $187 million, while Shiba Inu had a $576 million volume. Cryptocurrency prices often experience major swings in either direction when there is limited volume. Meme coin prices are also falling as investors continue to book profits after most of them rose sharply during the year. Floki peaked at $0.0002885 in November, 200% higher than its lowest level in August, while Shiba Inu reached $0.000033. Additionally, there are still concerns about the Federal Reserve, which hinted that it will deliver just two interest rate cuts in 2025. That hawkish tilt has pushed bond yields higher, with the 10-year moving to 4.63% and the 30-year and 5-year rising to 4.8% and 4.50%, respectively. Cryptocurrency prices and stocks often drop when bond yields are rising.$FLOKI $SHIB $FARTCOIN

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