The cryptocurrency market faced a slight dip over the last few days. Despite the slowdown, Bitcoin (BTC) continues its upward momentum. The original crypto hit a new all-time high of $97,836.61 earlier. BTC is now inching closer to breaching the $100,000 level.
The latest rally is likely due to Donald Trump’s media group announcing plans to buy the cryptocurrency platform Bakkt. Trump winning the US Presidential election has led to a surge in investor sentiment due to his pro-crypto stance.
If BTC hits $100,000, it may trigger another market-wide rally. We may witness several crypto assets hit new all-time highs. In this article, let’s look at three coins close to hitting new all-time highs.
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Top 3 Cryptocurrencies That Are On The Verge Of Hitting New All-Time Highs
1. Solana (SOL)
SOL was among the best-performing cryptocurrencies of 2023. The asset has displayed incredible growth over the last few days. The SOL network has also experienced stellar growth over the previous year. Many new SOL-based memecoins have flooded the crypto market, and many have entered the top 100 projects by market cap.
The cryptocurrency is currently down by only 6.9% from its all-time high of $259.96, which it attained in November 2021.
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2. Bonk (BONK)
BONK is one of the SOL-based memecoins that has witnessed massive growth over the last year. The project is currently the 35th largest crypto by market cap. The memecoin’s price has risen by more than 1200% since November 2023.
BONK hit an all-time high of $$0.00005825 on Nov. 20, 2024. The meme cryptocurrency is currently down by 10.5% from its all-time high. BONK could reclaim its peak very soon.
3. Binance Coin (BNB)
Binance’s BNB token has also seen quite a growth spree this year. The cryptocurrency has managed to weather the storm even after the whole debacle involving CEO Changpeng Zhao (CZ).
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BNB is currently down by 14.7% from its all-time high of $717.48, which it attained in June of this year. If Bitcoin (BTC) continues its upward momentum, BNB may also hit a new peak.