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#TopContentChallence
The cryptocurrency market is gathering strength.
Bitcoin has raised its price from $92,000 to $98,000 and continues to dominate the market. In addition, this surge has received support from MicroStrategy announcing an increase in new Bitcoin purchases. As a result, investor confidence has increased, and the BTC ETF has seen significant inflows of $6.55 billion. Fidelity leads these purchases with $3.56 billion.
Ethereum rose 4% alongside Bitcoin, reaching a level of $3,596. In addition, Ethereum ETF saw an inflow of $24.9 million. Meanwhile, XRP and Solana each had a positive impact on the market with gains of 2% and 5% respectively. Rumors of airdrops in the Solana ecosystem have sparked excitement in the community, causing the SOL price to rise to $217.
Meme coins and the most profitable cryptocurrencies
The homophonic coin market today stands out with the eye-catching gains of projects such as Dogecoin and Shiba Inu. Dogecoin has risen by 14%, reaching $0.39. Bonk (BONK) has attracted investors' attention with a 15% increase. However, some homophonic coins like Pudgy Penguins (PENGU) have performed differently in the red zone compared to the overall market.
#January Market: Which Altcoins Are Worth Watching? #Which Sectors Are You Watching in 2025?