New Records and All-Time High hittings in Cryptocurrency Market! 😀

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Finally Cryptocurrencies touched $3 Trillion Market Cap for the first time with All Time High hittings of other altcoins as well.

With a strong resistance of Bitcoin and other altcoins especially Solana and Ethereum, CoinmarketCap finally cross $3 Trillion bar. Recently in October, We saw market cap at its ATH of $2.6 Trillion but then it raised strongly and in less than a month it broke all the records. Well we are yet to see the unexpected, as is the case of cryptocurrencies, who knows what's new year has in store for Crypto Market.

According to coingecko.com, Ethereum (ETH) broke its All-Time High by hitting $4833 mark on November 9, Solana (SOL) broke its ATH by Hitting almost $260 on 6 Nov, Polkadot (DOT) broke its ATH by hitting almost $55 on Nov 4 and some major gains seen in other coins too. Surprisingly, Bitcoin after hovering around $66K for a while, hit its ATH of $67,826 just today only. Meanwhile this data might change since the time you read this post because market is still hot and who knows how high the flames will rise.

Bitcoin dominance is slowly losing its hold, right now at 41%, which rose upto 45% last month. Its actually a good sign for altcoins movement. The Bitcoin continues to be in the transverse, and in the meantime, some of the altoices are slightly gaining into the bullish situation. This situation is different from Altcoin, but it is different from the appearance of the target fault that many people are expecting. The launch, and evolution of continuous projects are continued to change due to a rapid price change and continuous Project. ETH, SOL, DOT, and recently BNB, and the rise of Layer1 is continuing.

In this situation, it is natural that they are supporting the coin invested by the person and expected to rise prices.
The expression of the mind and its analysis of this cheer is active in the Internet Community, which has a significant rise in the recent variability of the Layer1 coin, and the development of the ecosystem becomes rapidly, and the voice of the individual investor supporting each ecosystem is greater.

In the favorite of this, we are showing a lot of expectations for Layer1, which showed the rise of Solana and the currently sudden value, and this is a lot of expectations for ETH 2.0, It seems that anxiety psychology is also mixed.
If ETH 2.0 comes out, it may be a Game Changer, but it hopes to contribute from the perspective of growing the entire market size and the scalability of Crypto. Due to the high trading fee, this is a quite a lot of individual investors.

In the case of Solana, network down development also caused sudden value rise and investor inflow. But Solana can learn with a more stable network. It is a focus on continuous growth of projects that launch aggressive launches based on internal stable networks than expansion to the outside.

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Terra (Luna) ecosystems seem to be quite high in the interior of Community. Terra ecosystems seem to be the advantage of the internal announcement of the inside, and there is a high reliability, which seems to have a high reliability, and the extension with diversity is also necessary.
Terra (LUNA) broke its ATH by hitting $52.64 on Nov 7.

There are either MarketCAP standards or we can see it as one indicator. However, it is simply that the indicator is high, and it seems that it is highly evaluated, and it seems to have a high growth potential. The indicator is not an indication of an enterprise analysis, but the indicator of the protocol. We must see the participation of the investor, the competitiveness of the project in the ecosystem, and the health of Community.

Whether its ETH vs SOL transaction fees, or Luna gearing up for its A game, we saw sharp decline in Shiba Inu market cap from 40 billion to 30 billion recently. The struggle between Doge and Shibainu to stay in top 10 continues. The new Year awaits many surprises for Crypto Market and Investor for sure.

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