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🔥Weekly Report: RPG +6,239% (30d)

BTC $33.8k, ETH $1.7k, PEPE +78.2% (7d), RPG +6,239% (30d)

Altcoin Report

Table of Contents

In this report:

  • Market Report: The Biggest Bull Market in Crypto is About to Happen
  • Top 100 Gainers: Pepe (PEPE) +78.2% (7D)
  • Micro-Cap Gainers: Rangers Protocol (RPG) +6,239% (30d)
  • Monthly Altcoin Pick: The Altcoin Pick for November will be released Wednesday.

Biggest Bull Market in Crypto History
Bitcoin Price is Pumping

The Biggest Bull Market in Crypto History is About to Happen

In the last week, Bitcoin has increased by almost 20% currently sitting at $33,874, hitting its highest price in over 500 days, and has more than 2x its price from the beginning of the year. This increase is largely due to continued rumors and speculation of the upcoming approval of Blackrock ETF.

While this price appreciation has been great for Bitcoin and the rest of the crypto market, we are still a long way from the upcoming bull market. The full swing of the bull market is not expected to take place until after the Bitcoin halving, which is still more than 160 days away.

Why will this be the biggest bull market in crypto history?

The global cryptocurrency market has a market capitalization of $1.25T - which is absolutely tiny when compared to the global equity markets, which have a market capitalization of around 98.5T. To put this into perspective, the cryptocurrency market is just over 1% of the global equity markets.

The cryptocurrency market's capitalization is still small and it won't be until institutional money enters this space, which is expected to take place once Spot Bitcoin ETFs are approved. What we are seeing now is just the anticipation of the approval.

The combination of institutional money entering the crypto space timed with the upcoming Bitcoin halving, will likely trigger the largest bull market we have seen in the history of the cryptocurrency market.

While these gains we have seen over the last week have been a taste of what's to come, it's important to realize we can expect to see some pullback on the price in the short term.


Bitcoin Classic (BXC)
$0.01 to $1,000 in about a week

Bitcoin Classic (BXC) - News

Just this week, Bitcoin Classic (BXC) increased from $0.01 to over $1,000 dollars. BXC is a fork of Bitcoin that took place on September 15, 2019, and if you owned Bitcoin (BTC) back in September 2019, you likely also own Bitcoin Classic.

Up until now, Bitcoin Classic (BXC) was pretty much worthless, but today it's worth more than $1,000. If you still have access to your old Bitcoin wallet, you may find a nice little surprise waiting for you.

4 phases of the crypto market

Join Us - As We Accumulate

Now is still an excellent time to get into the market while prices are still low. If you want to know what we are buying, you are more than welcome to join us as we share our monthly Altcoin picks in anticipation of the upcoming bull run - You just need to become a member.

Richard.


Crypto Market at a Glance (7D):

Crypto Bubbles - Altcoin Investor
CryptoBubbles.net - Last 7 days

The Crypto Market is flush with green this week.


Crypto Fear & Greed Index:

Crypto Fear and Greed Index
Crypto Fear & Greed Index

Today's Crypto Fear and Greed Index = Greed –> Increased to 65 (from 63 last week).


Bitcoin & Ethereum Price Movement

Bitcoin Price action over the last week

Bitcoin has increased 14.5% in the last week, currently trading at $33,874. In the previous 90 days, Bitcoin has increased by 15.5%.

Ethereum has increased 11.09% in the last week, currently trading at $1,780. In the previous 90 days, Ethereum has decreased by 5.2%.

Global cryptocurrency market capitalization has increased to $1.25T (from $1.12T last week).

best cryptocurrency to buy now

Top 100 Gainers - Last 7 Days

Over the last 7 days, the biggest gainers (within the top 100):

Top 100 Gainers over the last 7 days
📌
Mina (MINA), a top performer this week was the January Altcoin Pick

Pepe (PEPE) +78.2% - Ranked #73

Pepe (PEPE) is a meme cryptocurrency inspired by the "Pepe the Frog" meme, launched in 2023 on the Ethereum platform. It aims to capitalize on meme culture, similar to other meme coins like Shiba Inu and Dogecoin. Recently, Pepe saw a significant price increase following a token burn event where 6.9 trillion tokens were permanently removed from circulation. The cryptocurrency operates on both the Ethereum and Binance Smart Chain platforms, and it's part of the broader trend of meme-based cryptocurrencies striving to establish a footing in the crypto market.

FLOKI (FLOKI) +72.2% - Ranked #98

Floki (FLOKI) originated from the Shiba Inu (SHIB) community, inspired by Elon Musk's Shiba Inu dog, and is termed the "people's cryptocurrency." Initially a meme coin, it has evolved into a web3 project encompassing decentralized finance (DeFi) and Non-Fungible Tokens (NFTs). Floki operates on both Ethereum and Binance Smart Chain blockchains, with a 3% tax on transactions for funding various initiatives. It has a market cap close to $311 million with projects like a play-to-earn NFT metaverse, aiming to transition from meme to utility within the cryptocurrency ecosystem.

Mina (MINA) +63.3% - Ranked #63

Mina (MINA) is the cryptocurrency for the Mina Protocol, a layer one blockchain focusing on being lightweight and privacy-preserving. Developers can create privacy-oriented smart contracts and decentralized applications using zero-knowledge proofs on this protocol. The MINA token is used for executing transactions, staking to earn rewards, and as a payment medium within the network, incentivizing block production and rewarding contributors.

Injective (INJ) +57.9% - Ranked #44

Injective (INJ) is the cryptocurrency of Injective Protocol, a decentralized exchange (DEX) on the Cosmos blockchain facilitating cross-chain trading of derivatives, forex futures, and other assets. The protocol, known for its high-speed transactions (10,000+ TPS), supports interoperable DeFi and Web3 applications through a unique infrastructure including on-chain DEX, decentralized bridges, and smart contracts. It's natively interoperable with major blockchains like Ethereum, Solana, and Polygon.


Micro-cap altcoins

Biggest Micro-Cap Gainers in the last 30 days

We review and analyze small and micro market cap cryptos every week looking for the next low-cap gem. These are the best-performing (quality) micro-cap projects over the last 30 days:

Rangers Protocol

Best Performing Quality Micro Caps (Last 30 days):

monthly altcoin picks

Monthly Altcoin Pick:

Our next Altcoin Pick will be released within the next week. If you would like access to this and future Altcoin picks, consider becoming a member - It's only the price of a couple of cups of coffee a month.

Altcoin picks are emailed to members as soon as they are published. If you are wondering how we choose our monthly Altcoin Picks - this is the methodology we use.

Our Altcoin Picks for the prior months can be found here.

Thanks and appreciation to all our members!

Until the next report,

Richard.

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