This week was the most anticipated week in the recent history of the crypto world as it meant election of a pro-crypto regime as Donald Trump returns to the White House. Hence, the market had a bullish run with most investors specially crypto whales investing in Bitcoin which reached a new all-time high after Trump’s win. This further accelerated after the 25 basis points federal rate cut. Other cryptocurrencies like Solana and Pepe alsp gained massively. This list of the top trending cryptocurrencies of the November 4-10 week shows how the market surged as it shows the best performers as of the last 24 hours leading up to the weekend, November 9.
Bitcoin
(BTC)
Price Change: Bitcoin emerged as one of the biggest gainers in the US election week as it jumped nearly 11% to trade at $79,000 on November 10.
News: BTC is continuing with its upward trend by gaining 0.04% in the last 24 hours which includes a rise in the market capitalization to $1.565 trillion. However, the digital asset’s trading volume has gone down by nearly 12% to reach $57.27 billion.
Forecast: Bitcoin will continue to surge as the fed rate cut is propelling it to new heights. The digital asset touched $76800 for brief while before plummeting. Analysts predict that it would again rise upto that level and probably surge to $80,000 in the coming week. The 5% price volatility and the bullish sentiment along with a 69 greed score indicate that the BTC will rise 13.57% in the next week to reach $86000.
The dev is an Ape
(APEDEV)
Price Change: This cryptocurrency is trending in second position this week despite a 9.36% decline in its value. The dev is an Ape digital asset was trading at $0.0003248 as of November 9.
News: The APEDEV token went down 0.11% in the last 24 hours but its trading volume has increased by over 288% to reach $2.01 million. The coin’s market cap remains unchanged at $324.76K. This community driven meme coin has an ape as its developer.
Forecast: As the Solana ecosystem strengthens this SOL-based meme coin is likely to surge, offering some benefits to its holders. At present, it is listed as trading pair with SOL on Raydium.
PepeCoin
(PEPECOIN)
Price Change: When it comes to the top performers of the US week, PepeCoin is leading the pack with a whopping 89.10% gain in the last 7 days to trade at $4.82 as of November 9.
News: The digital asset has surged nearly 54% over the last 24 hours with the trading volume increasing by 169% to reach $20.76 million. The market capitalization of PEPECOIN also rose by 53% to touch $577.50 million.
Forecast: PepeCoin will continue to grow as the year progresses with some volatility. The PEPECOIN token is experiencing 84% bullish sentiment which will make it gradually rise to $6.96 by 2024 end.
SUNDOG
(SUNDOG)
Price Change: SUNDOG has broken into the list of trending cryptocurrencies this week courtesy its 2.43% gain which resulted in the token trading at $0.1309
News: When we take a look at the price movement of the SUNDOG in the last 24 hours we see a 15.12 decline which includes a 15.76% reduction in the token’s trading volume which has now reached $118.49 million, Meanwhile, the market cap stands at $130.93 million, a 14% decline.
Forecast: Known as the biggest meme coin on the TRON network SUNDOG is likely to touch $0.166 in the upcoming week despite 23% price volatility and the ongoing bearish sentiments. This 30.47% gain could be because of the 69 greed score which indicates crypto investors’ interest in the coin.
Solana
(SOL)
Price Change: Solana has been one of the biggest gainers of the US election week as it spiked more than 20% to trade at $198.21 as of November 9.
News: SOL has increased 0.21% in the past 24 hours with its market cap going above the $93 billion mark and its trading volume rising 14.70% to reach $5.70 billion.
Forecast: Analysts are of the opinion that the US election results coupled with the fed rate cut news will make Solana cross the $200 barrier. The $1.3 billion staking deposits could take the SOL token to $210. Some analysts have pointed out that Solana is under a breakout from a prolonged symmetrical triangle pattern which will lead to a rally to $300.
Ethereum
(ETH)
Price Change: Ethereum’s value has increased 17.44% in the past week as it trades at $2929 on November 9.
News: The cryptocurrency’s price went up by 0.72% in the last 24 hours with its market cap increasing to $352.17 billion. However, the trading volume of ETH declined 8.26% to reach $32.86 billion in the meantime.
Forecast: Ethereum has formed an ascending triangle pattern in the price charts which indicates that the coin is likely to surge to $3,350 in the upcoming. However, when and how ETH recovers from the almost 40% lag from his all time high of $4,878.26 remains to be seen.
Pepe
(PEPE)
Price Change: Pepe is the 3rd best-performing meme coin this week courtesy of its more than 20% surge in the last 7 days which has resulted in it reaching the $0.00001079 price level as of November 9.
News: The digital asset seems to have entered a bearish trend on November 9 as its 24 hours price chart is showing a 2.61% decline. Meanwhile its trading volume reduced by nearly 4% to touch $1.44 billion. The PEPE token’s market capitalization also reduced 2.52% in the last 24 hours to stand at $4.49 billion on November 9 beginning of the day.
Forecast: With a price volatility of 7.17% Pepe is likely to surge 29.14% in the next 5-7 days to hit the $ 0.00001340 mark on November 13. The meme coin is showing a 69 ‘Greed’ score in the Fear and Greed Index while market sentiments indicate a bullish trend. All this indicates a potential upward price movement in the next week. The meme coin has gone 25% above its 200-day Exponential Moving Average which suggest that the bulls are in control despite some bearish elements cropping up. The coin will continue to surge as it crosses the $0.00001150 resistance level where as it has formed a double top-pattern. A 60% is surge is likely as the PEPE sets sight on its year-to-date high point of $0.00001726.
Swell Network
(SWELL)
Price Change: With nearly 65% increase in its price Swell Network seems to be the top gainer of the week courtesy Binance listing on November 9. The coin was trading at $0.04643 on November 9 beginning of the day.
News: The SWELL token has gained 33.72% in the last 24 hours as its trading volume jumped nearly 117% to go above $323 million while the market cap remained unchanged at $59.79 million.
Forecast: The SWELL token is likely to continue its upward price movement next week on the heels of Binance listing. Due to its $1.28 billion TVL SWELL’s appeal to crypto investors is expected to sustain, making the coin surge in the coming days. The coin will see a 37.40% spike in the next 5 days to reach $ 0.063001 on November 13.
Sui
(SUI)
Price Change: Sui has jumped 13.94% this week to trade at $2.26 on November 9 starting of the day.
News: Despite the upward trend, the coin has been down by 2.62% in the last 24 hours which includes a 13.81% decline in its trading volume to reach $928.85 million. During this time the market cap of Sui reduced by 2.56% to stand at $6.45 billion.
Forecast: This week Sui Network outperformed Ethereum and Solana in the net inflow which caused a surge in its price. The coin is riding bullish sentiments and is expected to gain more than 30% in the upcoming week to rise upto $3.0 level.
Meson Network
(MSN)
Price Change: A 9.19% decline in value in the US election week has made the Meson Network coin enter the top performers list as it trades at $0.1255 on November 9.
News: The MSN token has gained 5.20% in the last 24 hours due to BNB’s collaboration with Meson to enhance cross-chain crypto transactions. This surge in its price caused a 5% dip in MSN’s trading volume which now stands at $5.04 million. Meanwhile, the market cap of the token remains unchanged at $3.62 million.
Forecast: The BNB collaboration will likely increase the utility of the Meson Network coin, making it surge further in the coming week. The coin might rally upto $0.1614 in the next 5-7days despite the recent bearish sentiments. This will result in a 30.20% spike from the current levels.
The U.S. election week, coupled with a federal rate cut, created a significant bullish momentum across the cryptocurrency market, particularly benefiting pro-crypto sentiment. Bitcoin (BTC) achieved an all-time high, driven by increased investment from crypto whales, and it is expected to maintain its upward trajectory, possibly reaching $86,000 next week. Other coins, such as Solana (SOL), PepeCoin (PEPECOIN), and Swell Network (SWELL), saw considerable gains as investors rallied behind favorable macroeconomic signals.
Notably, community-driven and meme-inspired coins like SUNDOG and Pepe (PEPE) continued to attract substantial interest. Analysts project continued growth for these assets, supported by high levels of investor sentiment and Greed Index scores. However, the volatile nature of these tokens, as well as fluctuating trading volumes, suggests that gains may be accompanied by periods of correction.