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Bitcoin extended its upward journey, gaining more than 4% within the past day to trade above $43.6K at press time. The top digital coin jumped over 15% on its weekly price chart.
Meanwhile, the expectations about a spot BTC exchange-traded fund approval have triggered increased optimism among Bitcoin investors, and alts, including Memeinator, PepeCoin, and Terra Luna, benefit from the hype.
"When #BTC ETF gets approval, expect a landscape shift – Exciting times ahead in just 13 seconds!" pic.twitter.com/ViwPbdEGDj
— RK Gupta (EarnWithRK) (@earnwithrk) December 6, 2023
Bitcoin’s ongoing upside catalyzed rallies in the altcoin market. PepeCoin (PEPE) and Terra Luna Classic (LUNC) are among the alts that mimicked BTC’s performance.
PepeCoin (PEPE)
PepeCoin welcomed December with a bullish note following positive news from the leading crypto exchange, Binance. The meme crypto gained nearly 40% within the previous week, trading at $0.000001496 following a 5% increase in the past day.
Also, developments like the travel platform Travala.com accepting PEPE payments boosted the alt’s bullishness.
Giveaway alert!🚨
Book with $PEPE & win big with Travala🏆
Use your @pepecoineth tokens on @travalacom for your shot at 4 x $1,000 Travel Credit prizes! Complete your flight, hotel, or activity booking before Jan 15 to be eligible to win✈️
More details👇https://t.co/yseyOViVLU pic.twitter.com/4VBQQ0Eyby— Travala.com (@travalacom) December 1, 2023
Terra Luna Classic (LUNC)
Terra Luna has recorded impressive performance since the final days of November. Lately, it attracted the attention of market players after Binance destroyed 3.9B Terra Luna tokens. The alt jumped 22% overnight following the token burn.
While bears resurfaced in the past 24 hours to catalyze a 15% price dip to press time levels of $0.0002093, LUNC enthusiasts enjoyed a 75% rally in the past seven days.
Memeinator (MMTR)
Memeinator continues to establish itself as the hottest meme crypto in the digital assets industry. The project has raised over $1.7 million during presale, indicating investor trust in MMTR as a lucrative investment.
Besides being a dog-themed asset, Memeinator intends to offer digital coin investors a chance to interact with a meme token with utility. It will use artificial intelligence as its ammunition to destroy weak tokens as it eyes the top spot as the most traded meme.
Should you buy Memeinator?
MMTR could be a lucrative investment for crypto traders looking for a meme coin with use cases. The AI-savvy developers, massive presales, and Memeinator’s tokenomics position the alt for impressive upswings in the next bull rally.
MMTR changed hands at $0.014 during this publication and promises 108% potential returns at stage 7 of its presale. You can follow simple steps to buy Memeinator tokens.
The post Top altcoins trending alongside Bitcoin – Memeinator, PEPE, and LUNC appeared first on Invezz
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