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Welcome back to the Daily Coinsauce Newsletter! Let’s dive into today’s updates—there’s a lot to unpack!
💧Top headlines from the last 24 hours:
• Bitcoin hits $0.1 million for the 1st time ever.
• Memecoin rug-pulls on the rise.
📕Educational :
• When will ETH rally?
Lets dive in.
📅 Today
Welcome $100,000
Congratulations to all believers!
For the first time ever, Bitcoin has surpassed $100,000—5,808 days since it first went live.
From being dismissed as a Ponzi scheme and linked to criminal activity, to now being considered a potential reserve asset for some of the world’s most powerful nations, Bitcoin has come a long way.
We anticipate that retail FOMO is about to kick in as BTC dominates headlines in mainstream media. This sets the stage for the final ingredient needed for an alt-season: fresh retail capital.
The next 4-6 months could be euphoric for the crypto market, with altcoins surging to new heights. But remember, volatility will be extreme, and flash crashes are likely along the way.
Ready to maximize your gains while minimizing risk?
Join our Premium Trading Room and leverage our systematic strategies to navigate this bull run with confidence!
Memecoin Rugs Intensify!
Haliey Welch, famously known as the "Hawk Tuah" girl, is facing criticism after launching a memecoin that left investors with heavy losses.
The token briefly soared to a $500 million market cap before crashing below $60 million in just 20 minutes.
Reports indicate that over 96% of the token supply was controlled by a single cluster, which began offloading aggressively right after the launch.
While memecoins may appear to be quick money opportunities, the reality is far different. Less than 0.1% of investors achieve significant profits, while more than 99.9% end up losing money, particularly with celebrity-endorsed tokens.
Always invest only what you are prepared to lose, and prioritize thorough research before making any decisions. Avoid meme-coins altogether if you can.
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🌎 Other News
📕 Educational
ETH doing what it always does, and is expected to break higher in December & January.
Here's what we believe can happen in the coming few weeks :
1. BTC will slowly grind up to $110-120k -- the moves won't be as explosive as the breakout to $100k we just witnessed
2. ETH will rally hard once BTC stalls, hitting the $4200-$5000 range at-least
3. Altcoins will pump hard too, before we eventually get a 30% correction on BTC
4. Expecting this correction sometime in the next 3-5 weeks.. it's very difficult to know exactly when it will come, but the fact that ETH has not rallied yet gives me some confidence that alts still have some upside left
5. When this dip comes, it's a BUY opportunity for altcoins and BTC. You do not want to miss that chance
6. Of-course this could be wrong, but seems to be the most likely outcome based on our experience.
📊 Stat of the day
🤣 Meme of the day
Michael Saylor Right Now 🤣
That concludes our update for today!
We appreciate you joining us for the latest news. We aim to provide the best-in-class insights and highlights that keep you well-informed and ready.
Remember to join us on Telegram and Twitter for additional updates and giveaways. Until then, see you next time!
Disclaimer: None of the content shared in the newsletter is financial advice. Always do your own research and analysis before investing.
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