Altcoin Season Takes Off, Viral Meme Coin Sonik Attracts $750k With Just 6 Days Left to Buy at Low Prices
Wednesday, August 30th, 2023 – Altcoin season looks set to take off, and new meme coin Sonik Coin in a show of strength, has raised more than $750,000 from hungry investors. News that Grayscale has won its bitcoin ETF ca...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
News that Grayscale has won its bitcoin ETF case against the US Securities and Exchange Commission has lit a fire under altcoin prices.
Meme coins continue to be one of the most traded coin sectors in the crypto complex, and Sonik is set to be the latest hot addition. ...
Read More: Altcoin Season Takes Off, Viral Meme Coin Sonik Attracts $750k With Just 6 Days Left to Buy at Low Prices
Why this matters
This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
XRP Left Behind as Bitcoin and Ether Rally: The Underperformance Explained
XRP remains below its 2017-cycle high while bitcoin and ether surge. We examine supply dynamics, institutional flows and regulatio...
Bitcoin ETFs Add Just $5M as Ether Loses Another $60M
U.S. bitcoin ETFs eked out a $5.06 million inflow on Thursday, offering only limited relief after another volatile stretch of inst...
Polymarket Bitcoin and Rate Hike Odds Shift as CME Says No Change
Polymarket put the odds of a 25-basis-point Federal Reserve rate hike in October at 23%, with $43 million traded, while CME FedWat...
Bitcoin faces an $8,000 trading trap as US midterms approach
Two hot inflation reports in two days resulted in Bitcoin falling below $80,000 on Oct. 15. September CPI accelerated to 3.7% from...
Google Gemini AI Predicts Bitcoin to Hit $175K by 2027
When prompted, Google Gemini AI predicts that by January 1, 2027, Bitcoin could be trading for $175,000. It gives a hypothetical c...
BFFS26 Denver: Joseph Kelly on Bitcoin Custody and Credit; Alan Lane on Banking Lessons
Bitcoin Magazine BFFS26 Denver: Joseph Kelly on Bitcoin Custody and Credit; Alan Lane on Banking Lessons The Bitcoin for Financial...