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 Hiding Place 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, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Payward Acquires AAVE Tokens to Explore Decentralized Credit

Payward, the infrastructure company behind Kraken, announced the acquisition of AAVE tokens through an affiliated fund.

user avatarMaya Lundqvist

Solana Labs Launches Leap Mobile Trading App for iOS

Solana Labs has launched an early-access beta version of its mobile trading app, Leap, for iOS users.

user avatarLeo van der Veen

Aave Labs Expands Fixed-Rate Lending Capabilities with Avon Acquisition

Aave Labs announced its acquisition of Avon to enhance fixed-rate lending capabilities.

user avatarLi Weicheng

Investigation into Binance Theft Reveals Complexities in Cryptocurrency Tracing

Elliptic's investigation into the October Binance theft reveals complexities in tracing stolen cryptocurrency assets, highlighting challenges in identifying recipients and the need for compliance.

user avatarTenzin Dorje

Elliptic Reports $124 Million in Stolen Assets Converted to Bitcoin

Elliptic reports that approximately $124 million of stolen assets from the October Binance breach have been converted into Bitcoin.

user avatarAisha Farooq

Coinbase Launches Integrated Services for Token Issuers

On November 5, Coinbase launched a new integrated platform for token issuers, offering services from sales to custody, aiming to streamline operations and reduce reliance on multiple providers.

user avatarBayarjavkhlan Ganbaatar

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.