Trump's Victory Boosts RabBitcoin and Peanut the Squirrel

user avatar

by Giorgi Kostiuk

2 years ago

Following Donald Trump's win in the US elections, two altcoins, RabBitcoin and Peanut the Squirrel, emerged as major gainers, attracting significant interest from crypto investors.

RabBitcoin and Peanut the Squirrel Surge

RabBitcoin gained 760% over the week to trade at $0.000029, while Peanut the Squirrel saw a 227% spike in its price in just 24 hours. These altcoins had a market cap of $236 million and $367 million, respectively.

Market Dynamics and Indicators

RabBitcoin saw a 316% surge in trading volume over the last 24 hours, reaching $22.2 million, with most trading on platforms like Gate.io, MEXC, KuCoin, and LBank. Peanut the Squirrel surged following a Binance listing announcement.

Investor Expectations and Risks

With heightened interest and positive market trends, analysts are hopeful for RabBitcoin's sustained growth. However, there's concern about the distribution period potentially causing a sell-off. Meanwhile, the overall crypto market is showing growth, with the fear and greed index reaching 75.

The recent surge in RabBitcoin and Peanut the Squirrel is linked to prevailing positive trends in the crypto market. Investors should remain vigilant to minimize potential risks.

Tier I

Sector: #18291

Sealed Cache Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, caches will be stored in your inventory and can be opened with Keys.

Other news

Solana Sees Significant RWA Inflows

chest

Solana has recorded $348 million in net inflows of real-world assets over the past 30 days, increasing its tokenized RWA value to $720 million.

user avatarMaria Gutierrez

Aave Governance Considers Emergency Powers to Protect Users

chest

Aave governance is considering a proposal to grant emergency powers to guardians to freeze vulnerable lending pools during security threats.

user avatarDavid Robinson

Router Protocol Users Must Move Assets During Grace Period

chest

Router Protocol users must take action during the grace period to bridge assets back to origin chains before relayer nodes are disconnected.

user avatarJacob Williams

Arbitrum Proposes Disqualification of Three DeFi Protocols from Future Grants

chest

A new governance proposal by Arbitrum aims to disqualify three DeFi protocols from future DAO grant allocations due to alleged reporting failures and misuse of prior incentives.

user avatarAndrew Smith

Router Protocol to Shut Down Crosschain Network and Burn 303 Million Tokens

chest

Router Protocol has announced a deprecation plan to shut down its crosschain messaging network and burn 303 million ROUTE tokens due to unsustainable maintenance costs.

user avatarZainab Kamara

Ripple Partners with Florida Athletics to Introduce Digital Asset Payments

chest

Ripple has partnered with Florida Athletics to allow fans to use XRP and RLUSD for ticketing and merchandise, enhancing payment experiences and promoting digital asset adoption.

user avatarSon Min-ho

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.