Four Trillion Crypto market Capitalization: Price surge Continuing, Not Yet Stopping

The values of cryptocurrencies, notably ETH ▲2.92% spiked on Sunday, adding over $82 billion and pushing the market cap to $3.87 trillion. Nevertheless, amid the excitement, trading volume saw a significant decrease, down 25.98% in 24 hours, hitting $165.52 billion.

The overarching scenario indicates that BTC and ETH are transforming into vacuums for value. They are extracting value from other assets until nothing remains. Concurrently, an upcoming crypto presale is expected to take off this week if favorable trade agreements are achieved between Trump and the EU. More details on that below:

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Bitcoin and Ethereum: Will Total Market Cap Keep Climbing?

Bitcoin reached $118,252.81 on Sunday, achieving a 0.62% increase and sustaining its dominance at 60.4%. While not remarkable, with a slightly elevated RSI around 71, it’s sufficient to project considerable upside for BTC this week.

Ethereum followed suit, recording a 1.16% uptick to $3,788.80. Holding 11.7% of the market cap, it continues to be the clear No. 2 as signs of a broader transition into altcoins begin to manifest.

Three lesser-known tokens stood out in today’s performance rankings.

• $SWOL skyrocketed by 1698.40% to $0.0001222.
• $AUTO surged 876.31%, hitting $18.86
• $SQUID increased by 414.80%, reaching $0.001020.

Though such dramatic movements often prompt inquiries about sustainability, the momentum indicates vigorous speculative activity in low-cap assets.

Snorter Takes Off Snout First – Could It Be August’s Best New Memecoin?

With Trump reaffirming his stance as crypto’s most uptrend political figure – and discussions of favorable trade arrangements with the EU – the memecoin crypto market is preparing for a surge, and Snorter ($SNORT) could be the first to emerge. Supported by a $2.2 million presale and a Telegram-centric sniper bot, it has already attracted the interest of 99Bitcoins analysts.

Snorter is straightforward. It’s a Telegram trading bot and token designed for speed by automating snipes, swaps, and copy trades in a user-friendly interface.

As focus shifts toward Web3 social platforms like Twitter, Truth Social, and Telegram, the $TON coin emerges as a notable winner. Furthermore, 99Bitcoins analysts view Telegram utility bots like Snorter as preliminary indicators of what might fuel the next wave of the bull crypto market.

Internally, Snorter operates a bespoke scanner designed to detect dubious contracts before they can deplete your crypto wallet. During preliminary tests, it had flagged 85% of harmful tokens, attributable to MEV-resistant relayers.

This development is shaping up to be one of the more entertaining meme tokens gaining traction.

Get Some SNORTER Crypto token Today

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The article Four Trillion Trading market Cap: Bullrun not Stopping, Not Yet first appeared on 99Bitcoins.