Bitcoin, Binance Coin, Shiba Inu and Tron Daily Price Analysis – November 24 Morning Prediction

by James · November 24, 2022

The global crypto market has continued to post gains as capital inflows continue. The latest changes for Bitcoin, Binance Coin and others show that they have grown considerably. The current trend of bullishness has brought a new strength to the market. The previous bearish wave had led to a significant recession which affected inflows. As the market has been able to retain gains, there is an expectation of a further increase in value.

EOS has announced a major plan for Web3 innovation. The new plan will help improve the services of the smart contract platform. CEO of the EOS Foundation, Yves La Rose made headlines by announcing the launch of $100 million in funds. The fund will be used for direct investments in projects in the long-established ecosystem. The fund is not part of the old tactics as it will be managed by a new manager.

The new entity known as EOS Network Ventures will operate independently of the non-profit organization. The goal of the organization will be the same as the parent network as it works for the prosperity and development of the EOS network. Furthermore, the new executive branch will help with the strengthening of the EOS token. Thus, it will not only have benefits for the organization but also individual investors.

Here is a brief overview of the current market situation analyzing the performance of Bitcoin, Binance Coin and others.

Table of Contents

BTC remains bullish

Bitcoin miners are looking for software to balance the Texas grid. Bitcoin mining can help power grids that may be pursued in the coming months. On the other hand, Bitcoin IRA complaints have increased after losing your income and adding altcoins.

BTCUSDT 2022 11 24 20 35 49 — Source: TradingView

The latest changes for Bitcoin show that it has remained bullish. The latest data shows that it has increased by 0.63% in the last 24 hours. The weekly performance of Bitcoin shows that it has decreased by 0.48%.

The price value of BTC is currently in the area of $16,559.79. The market value of Bitcoin is estimated at $318,211,005,576. The 24-hour trading volume for Bitcoin is approximately $29,342,852,084.

BNB still on the rise

Binance plans to raise $1 billion in crypto recovery funds. The plan also includes its intentions to purchase FTX assets, as FTX has filed for bankruptcy. Binance CEO CZ has said that the initial value will be $1 billion which will be increased further.

BNBUSDT 2022 11 24 20 36 23 — Source: TradingView

The performance of Binance Coin has also encouraged investors. The latest data shows that it has increased by 1.07% in the last 24 hours. The weekly performance of this coin shows that it has increased by 11.36%,

The price value of BNB is currently in the area of $298.60. The market value of this coin is estimated at $47,768,074,220. The 24-hour trading volume for the same coin is approximately $1,327,348,158.

SHIB faces fluctuations

Shiba Inu has been experiencing fluctuations for the past few hours. The latest data shows that it has increased by 1.19% in the last 24 hours. The seven days performance of this coin shows that it has fallen 1.01%. The price value of SHIB is currently in the range of $0.00000901.

SHIBUSDT 2022 11 24 20 37 10 — Source: TradingView

The market cap of Shiba Inu is estimated at $4,947,329,375. The 24 hour trading volume for this coin is around $126,454,428. The same amount in its original currency is approximately 14,054,809,751,702 SHIB.

TRX in profit

Tron has continued to gain value as inflows continue due to an encouraging trend. The latest data shows that it has increased by 3.50% in the last day. The weekly data shows that it has increased by 6.90%. The price value of TRX has increased to the $0.05262 area.

TRXUSDT 2022 11 24 20 38 51 — Source: TradingView

The market cap of Tron is estimated to be $4,849,807,540. The 24-hour trading volume for this coin is around $404,170,445. The circulating supply of the same coin is approximately 92,159,917,206 TRX.

Final thoughts

The global crypto market has seen a positive change in recent hours. The latest data for Bitcoin, Binance Coin and others shows that there has been a significant change in value. The rise in value has also encouraged further capital injection into the market. The global market value has also increased as it is estimated to be $831.48 billion.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com has no responsibility for investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.