
Top altcoins to watch if you missed bitcoin rally
Empower your mind, elevate your skills
Spotlight Wire
Spotlight Wire
Bitcoin's run to six figures was inspiring. Institutions joined the party, ETFs pumped billions into the market, and governments are actively reforming crypto regulations.But BTC has become a bit of a crypto boomer. It's still the godfather. The real action, however, is shifting to altcoins. Creative new cryptos backed by tech and pure meme power are where capital flows when token holders want speed, rewards, and volatility. This is where the next 100x lives. Away from Bitcoin's shadow, far off the beaten path.The project is all about raw, unfiltered meme energy and a clip art dolphin. TOKEN6900 calls itself the first Non-Corrupt Token (NCT). It offers no yield and no future plans. Instead, the satire-fuelled coin mocks the very concept of utility. We could say that's its most powerful utility of all. In a world where many projects fake a use case, TOKEN6900 proudly does nothing.$T6900 is inspired by early 2000s nostalgia and the meme-math of SPX6900. TOKEN6900 has plans to achieve its existential madness even faster, with one extra token in supply than SPX6900.Surprisingly, it's catching on. Meme lovers, crypto nihilists, and market-maxis are flocking to the token's presale page and socials.The TOKEN6900 presale is live on the website, with 80% of the supply up for grabs. A passive reward programme is live for investors who are willing to lock the token and their support early on.TOKEN6900 unabashedly admits that it's a joke wrapped in fair tokenomics. But has there been any other kind of meme coin, really? That explains the growing hype around the project. YouTubers are also starting to pick up the trail:For those looking for meaning in markets, TOKEN6900 has nothing to offer. But for those looking to embrace the absurdity, TOKEN6900 should be on their radar.Bitcoin, the king of cryptos, has hit the golden milestone of $100,000. And it's unlikely any altcoin will steal that throne from Bitcoin.Yet, BTC is still crawling when it comes to speed, cost, and actual usability. That's where Bitcoin Hyper ($HYPER) comes in. The project brings Solana-grade performance to the world's most valuable blockchain.Bitcoin Hyper is the first true Layer 2 built for BTC. It is not a sidechain workaround, but a full-scale blockchain using the Solana Virtual Machine (SVM). That means sub-second transactions, near-zero fees, and the ability to launch dApps, meme coins, and DeFi protocols. And all of that comes with the security of Bitcoin's base layer.$HYPER is engineered for degens and builders alike. The bridge-in process mints BTC directly onto Layer 2, where it can be used , or locked into protocols. Then you can bridge it right back to Bitcoin Layer 1 with zero-knowledge proof.Hyper dApps will be able to connect with Solana, Ethereum, and Bitcoin. The native token $HYPER fuels everything from governance and rewards and launch access within the ecosystem.The presale is now live on the official Bitcoin Hyper website, and early buyers have helped the project reach the $2 million milestone within days. Early investors get passive rewards through locking and priority access to future project launches.Snorter Bot is part meme coin, part weapon for degen hunters who live on Telegram. No browser and no clutter. The bot can automate swaps, snipes, stop-losses, and live portfolio tracking within the popular chat app.It plans a core sub-second swap execution faster than most browser bots with an 85% success rate in rug and honeypot detection. It also has the ability to mirror top wallets using its real-time feature. Other features include a /portfolio dashboard view, MEV protection, and cross-chain bridging via Portal.With the crypto bot market ballooning past $40 billion and Telegram bots becoming a must-have, Snorter is perfectly timed. Community traction is also picking up fast, with Snorter's X account hitting close to 14,000 followers.The Snorter Token presale is now live, offering $SNORT on both Solana and Ethereum. Early investors get access to dynamic passive income rewards. Holding $SNORT, users can reduce execution fees from 1.5% to 0.85%. That is lower than all major competitors.Crypto price action is not about riding BTC's coattails any more. Various niches within crypto are exploding in their own right. Meme coins now come with utility. Layer 2 platforms are getting faster and smarter. Telegram bots are the new DEX front ends. Those who missed out on Bitcoin can still have hope with such alternatives.. Backed by strong projects and teams, TOKEN6900, $HYPER, and $SNORT, have the potential to carve their own paths.While TOKEN6900 is an unadulterated meme coin that boldly announces that it has no roadmap or purpose, $HYPER sets out to upgrade Bitcoin's functionality while embracing meme coin charm. $SNORT, on the other hand, makes crypto trading as easy as texting through Telegram integration.These altcoins are expected to hit exchanges soon. Prior to that, they are available for discounted prices in their ongoing presales. However, it is important to note that the prices increase with each new presale phase.While these projects show real promise, every altcoin comes with risk. Always do your own research, and never invest more than you're willing to lose.: Bitcoin Hyper: support@Bitcoinhyper.com: TOKEN6900: info@t6900.com: Snorter Bot: info@snorterbot.comBest WalletSupport@bestwallet.com

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Economic Times
12 hours ago
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Meme-Stock Roar Fades on Wall Street as Retail Finds New Thrills
Meme stock surges, once symbols of rebellion, now elicit indifference as retail speculation becomes routine. It was once a symbol of rebellion against the well-heeled Wall Street establishment. Today, it's just another day in markets. This week proved the point. Opendoor surged 43% in a single day. Krispy Kreme rallied 39% in a matter of hours. GoPro briefly spiked 73%. Reddit message boards lit up once again with rocket emojis and call-option bravado. Yet it wasn't the magnitude of the surges that mattered — but the indifference they met. Customary warnings about speculative excess fell on deaf ears. What once felt seismic now feels like a normal part of daily trading — another episode in a US financial system where bursts of retail speculation are routine, expected, and largely unremarkable. By the end of the week, with the quick rallies faded, the broader market ended with modest moves after a record-setting run. Meanwhile, crypto — once cast as the financial resistance — continued its steady march into the mainstream. A new blockchain-based project involving the likes of Bank of New York Mellon Corp. and Goldman Sachs Group Inc. was announced. Crypto funds posted their biggest four-week cumulative inflow ever. Michael Saylor's Strategy clinched another $2.8 billion in capital markets to fund additional Bitcoin buying. Taken together, the week offered a broader lesson: retail-driven speculative behavior no longer signals generational angst or post-pandemic distortion. It has instead become a settled feature of the current cycle. Short-dated options are part of the retail toolkit, trading platforms span everything from sports betting to complex stock bets, and manic episodes rarely require justification to take hold. Peter Atwater, an adjunct professor at the College of William & Mary who studies retail investors, said the current wave of activity reflects a shift in both market sentiment and investment toolkit. Meme stocks trading, he says, has lost its sense of novelty — and that's precisely the point. 'We've normalized memeing,' he said. 'There's a yawn to it now.'In Atwater's view, the most aggressive traders have already moved on to riskier frontiers – digital tokens, leveraged ETFs, prediction markets — while meme stocks have become more of a cultural rerun. 'It's like 30-year-olds dancing to music 20-year-olds used to party to,' he meme stocks can rip without stimulus checks, lockdowns or zero rates isn't especially surprising anymore. It is, in its own way, a marker of the moment: everyday speculation, embedded in the architecture of modern markets. Contracts that expire within 24 hours made up a record 62% of the S&P 500's total options so far this quarter, according to data compiled by Cboe Global Markets Inc., with more than half of the activity being driven by retail trading.'This generation is far savvier about options and market structure,' said Amy Wu Silverman, head of derivatives strategy at RBC Capital Markets. 'While my generation was perhaps taught to 'buy a house' this one knows to 'buy the dip.''It's not happening in a vacuum. This week earnings season offered few surprises. Tariff deadlines slipped again. Noise from the White House blurred into the investment backdrop. The S&P 500 climbed 1.5% on the week and closed at a record high. And in the end, a group of volatile stocks became yet another playground where regular investors aimed to quickly turn a profit, often by cornering short sellers or leveraging options. Opendoor Technologies Inc., capped a six-day winning streak with a 43% pop on Monday. The following days saw stocks with high short interest such as Kohl's Corp., GoPro Inc., Krispy Kreme Inc. and Beyond Meat Inc. surge intraday then pare into the close. Competition for gambling dollars is more brisk than it used to be. Since the post-Liberation Day selloff, a Goldman Sachs basket of the most shorted stocks has jumped more than 60%. In credit, CCCs, the riskiest tier of the junk bond universe, are on track to rack up a seventh week of gains. Crypto funds took in $12.2 billion in the past four weeks, their biggest cumulative inflow for such period, according to Bank of America Corp. citing EPFR Global data. US leveraged-loan market just had one of its busiest weeks ever with junk-rated companies rushing to reprice their borrowings multiple while the latest frenzy was reminiscent of 2021's pandemic-era burst, there were a few key differences. This week's action was fleeting, lasting one or two trading days before petering out. Concerted campaigns in the options market played a smaller role. More than half of the top 100 stocks in the S&P 500 index were trading with inverted one-month call skew in 2021, a sign of bullish intent, according to Cboe. This week it got only as high as 21% for the group.'The market makers and institutions have really adjusted to this phenomenon,' said Garrett DeSimone, head quant at OptionMetrics. They're 'able to hedge their risk and they know how to price these options in across these scenarios,' he it signaled anything, enthusiasm for memes is more evidence that an ever-more-empowered retail cadre is a fact of Wall Street life that isn't going anywhere, at least not soon. 'I don't think it's the beginning of a new trend, but it is very interesting to watch because it speaks that the retail investor really wants to be involved in this market,' said Jay Woods, chief global strategist at Freedom Capital Markets. 'This is bullish. This is not bearish. This is not significant of a top.'


Time of India
13 hours ago
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Meme-Stock Roar Fades on Wall Street as Retail Finds New Thrills
It was once a symbol of rebellion against the well-heeled Wall Street establishment. Today, it's just another day in markets. This week proved the point. Opendoor surged 43% in a single day. Krispy Kreme rallied 39% in a matter of hours. GoPro briefly spiked 73%. Reddit message boards lit up once again with rocket emojis and call-option bravado. Explore courses from Top Institutes in Please select course: Select a Course Category Project Management Digital Marketing Others Data Science Leadership MCA Technology Product Management Data Science PGDM Data Analytics Management Operations Management Artificial Intelligence Design Thinking CXO MBA Healthcare healthcare Degree Finance Cybersecurity others Public Policy Skills you'll gain: Portfolio Management Project Planning & Risk Analysis Strategic Project/Portfolio Selection Adaptive & Agile Project Management Duration: 6 Months IIT Delhi Certificate Programme in Project Management Starts on May 30, 2024 Get Details Skills you'll gain: Project Planning & Governance Agile Software Development Practices Project Management Tools & Software Techniques Scrum Framework Duration: 12 Weeks Indian School of Business Certificate Programme in IT Project Management Starts on Jun 20, 2024 Get Details by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Undo Yet it wasn't the magnitude of the surges that mattered — but the indifference they met. Customary warnings about speculative excess fell on deaf ears. What once felt seismic now feels like a normal part of daily trading — another episode in a US financial system where bursts of retail speculation are routine, expected, and largely unremarkable. By the end of the week, with the quick rallies faded, the broader market ended with modest moves after a record-setting run. Meanwhile, crypto — once cast as the financial resistance — continued its steady march into the mainstream. A new blockchain-based project involving the likes of Bank of New York Mellon Corp. and Goldman Sachs Group Inc. was announced. Crypto funds posted their biggest four-week cumulative inflow ever. Michael Saylor's Strategy clinched another $2.8 billion in capital markets to fund additional Bitcoin buying. Taken together, the week offered a broader lesson: retail-driven speculative behavior no longer signals generational angst or post-pandemic distortion. It has instead become a settled feature of the current cycle. Short-dated options are part of the retail toolkit, trading platforms span everything from sports betting to complex stock bets, and manic episodes rarely require justification to take hold. Live Events Peter Atwater, an adjunct professor at the College of William & Mary who studies retail investors , said the current wave of activity reflects a shift in both market sentiment and investment toolkit . Meme stocks trading, he says, has lost its sense of novelty — and that's precisely the point. 'We've normalized memeing,' he said. 'There's a yawn to it now.' In Atwater's view, the most aggressive traders have already moved on to riskier frontiers – digital tokens, leveraged ETFs, prediction markets — while meme stocks have become more of a cultural rerun. 'It's like 30-year-olds dancing to music 20-year-olds used to party to,' he said. That meme stocks can rip without stimulus checks, lockdowns or zero rates isn't especially surprising anymore. It is, in its own way, a marker of the moment: everyday speculation, embedded in the architecture of modern markets. Contracts that expire within 24 hours made up a record 62% of the S&P 500's total options so far this quarter, according to data compiled by Cboe Global Markets Inc., with more than half of the activity being driven by retail trading. 'This generation is far savvier about options and market structure,' said Amy Wu Silverman, head of derivatives strategy at RBC Capital Markets. 'While my generation was perhaps taught to 'buy a house' this one knows to 'buy the dip.'' It's not happening in a vacuum. This week earnings season offered few surprises. Tariff deadlines slipped again. Noise from the White House blurred into the investment backdrop. The S&P 500 climbed 1.5% on the week and closed at a record high. And in the end, a group of volatile stocks became yet another playground where regular investors aimed to quickly turn a profit, often by cornering short sellers or leveraging options. Opendoor Technologies Inc., capped a six-day winning streak with a 43% pop on Monday. The following days saw stocks with high short interest such as Kohl's Corp., GoPro Inc., Krispy Kreme Inc. and Beyond Meat Inc. surge intraday then pare into the close. Competition for gambling dollars is more brisk than it used to be. Since the post-Liberation Day selloff, a Goldman Sachs basket of the most shorted stocks has jumped more than 60%. In credit, CCCs, the riskiest tier of the junk bond universe, are on track to rack up a seventh week of gains. Crypto funds took in $12.2 billion in the past four weeks, their biggest cumulative inflow for such period, according to Bank of America Corp. citing EPFR Global data. US leveraged-loan market just had one of its busiest weeks ever with junk-rated companies rushing to reprice their borrowings multiple times. And while the latest frenzy was reminiscent of 2021's pandemic-era burst, there were a few key differences. This week's action was fleeting, lasting one or two trading days before petering out. Concerted campaigns in the options market played a smaller role. More than half of the top 100 stocks in the S&P 500 index were trading with inverted one-month call skew in 2021, a sign of bullish intent, according to Cboe. This week it got only as high as 21% for the group. 'The market makers and institutions have really adjusted to this phenomenon,' said Garrett DeSimone, head quant at OptionMetrics. They're 'able to hedge their risk and they know how to price these options in across these scenarios,' he said. If it signaled anything, enthusiasm for memes is more evidence that an ever-more-empowered retail cadre is a fact of Wall Street life that isn't going anywhere, at least not soon. 'I don't think it's the beginning of a new trend, but it is very interesting to watch because it speaks that the retail investor really wants to be involved in this market,' said Jay Woods, chief global strategist at Freedom Capital Markets. 'This is bullish. This is not bearish. This is not significant of a top.'


Mint
14 hours ago
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The Bitcoin is full of contradictions. It could still climb some more.
Bitcoin is in the midst of another historic rally. Can it continue? Your guess is as good as anyone's. The bearish arguments, so far proved wrong by the market, haven't changed. The bullish arguments remain as mercurial—and contradictory—as ever. The original cryptocurrency is having another great year, with its price up more than 27%. On Friday, Bitcoin traded at $119,023, up 0.5% for the day, and only about 3% below its July 14 all-time high of $123,166. The price peg's Bitcoin's total market cap at $2.3 trillion. If Bitcoin were a stock, that would rank it sixth in the S&P 500, behind Google parent Alphabet and in front of Meta, according to FactSet data. Given all the excitement, Wall Street analysts are scrambling to put a target price on the surging asset. On Thursday, Citigroup Global Markets offered investors a framework for understanding Bitcoin's price, based on criteria like demand and macro-economic factors. But the result wasn't going to change many minds: Citi offered a bull case of $199,000, representing a gain of about 70% from today's price and a bear case of $64,000, suggesting a 50% decline. It's hard to blame Citibank's analysts for trying to cover their bases. So many of the arguments in favor of Bitcoin tend to fall back on themselves—and yet the price marches ever upwards. Take Bitcoin's latest price driver: Action in Washington. Last week President Trump signed the Genius Act, a bill designed to regulate stable coins, a form of cryptocurrency backed by real assets. Lawmakers may soon advance the Clarity Act, which is designed to resolve the question of whether regulators should treat cryptocurrencies as commodities or securities. There is even talk of crypto in 401(k)s. It's true those developments could all further mainstream adoption. Yet for anyone who has followed the crypto industry's rhetoric over the past decade, it's a little hard not to blanch at all the cheering over victories in Washington. The original aim of Bitcoin—and its cri de coeur—was to be a store of value whose price was immune to government meddling. Bitcoin's scarcity, amid the growing demand for digital assets, is another key explanation for the rally. But this argument is thorny too. Bitcoin boosters are fond of repeating that there will never be more than 21 million Bitcoins, while regular 'halvings" make Bitcoin less and less lucrative to mine. Meanwhile, demand for Bitcoin has skyrocketed in the past year thanks to the advent of spot Bitcoin exchange-traded funds, which make it far easier for mainstream investors to bet on the cryptocurrency. The largest of these, the iShares Bitcoin Trust, has grabbed nearly $38 billion in investor dollars in the past 12 months and nearly $6 billion in the last month alone. But can this potent mix of scarcity and demand continue? While the number of Bitcoins is fixed, there is no limit on the number of copy-cat coins. CoinMarketCap tracks more than 18 million coins, according to its website, with a total market value of $1.5 trillion. So far the SEC has cleared spot ETFs for only the two most valuable cryptos: Bitcoin and Ethereum. But boosters of offerings such as XRP, Litecoin and Solana are clamoring for their own spot ETFs. Washington's new crypto-friendly attitude suggests they will soon get them. Of course, a flood of new crypto ETFs won't necessarily dampen investors' appetite for Bitcoin. Bitcoin's status and mystique as the original crypto has so far ensured it remains more valuable than its many imitators. But the potential flood does suggest that hype, more than limited supply, is what supports Bitcoin's price. Arguments for why investors should own Bitcoin (other than price speculation) are also shaky. Unlike stocks and bonds, Bitcoin doesn't throw off any cash flows. No matter, supporters have long argued. Bitcoin still has a role in your portfolio as a store of value, a form of 'digital gold." It's a view that has led some large investing firms (including Bitcoin ETF sponsors BlackRock and Fidelity) to advocate investors should consider devoting at least a small share of their overall portfolio, say 1% to 2%, to Bitcoin, to boost diversification. The Bitcoin-as-diversifier notion mirrors the longstanding arguments made in favor of owning actual gold—but there are problems with this thesis too. It's true that returns for Bitcoin and gold have resembled one another over the past year. They are both in the midst of big rallies. But, then so are plenty of risk-on assets, notably U.S. growth stocks, led by big U.S. technology names. While gold isn't a perfect hedge against stock-market declines, its reputation as a haven during times of macroeconomic turmoil has been established by academic studies looking at decades of returns. Bitcoin, invented in 2008, boasts no such extensive record. In fact, one recent study (again by BlackRock) found that, although Bitcoin's volatility had recently lessened, the coin remained about four times more volatile than gold. When the next bear market comes it seems likely investors will flee speculative assets like Bitcoin and tech stocks, not run to them for shelter. Where will Bitcoin go next? Prices may continue to march higher, just because they always have. But the arguments in favor of still-bigger gains still don't give much confidence—making sense only if you close one eye and wish away all the contradictions. Write to Ian Salisbury at