Crypto valuations, especially ETH ▲2.92%, surged on Sunday, tacking on over $82 billion and lifting the market to $3.87 trillion. However, beneath the euphoria, trading volume plummeted, down 25.98% in 24 hours, reaching $165.52 billion.
The big picture is that BTC and ETH are becoming black holes for value. They’re siphoning value from other assets until they are sucked completely dry. Meanwhile, a new crypto presale is set to MOON this week if favorable trade deels are made between Trump and the EU. More on that below:
DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in 2025
Bitcoin and Ethereum: Can Total Crypto Market Cap Continue Rising?
Bitcoin hit $118,252.81 on Sunday, marking a 0.62% gain and maintaining its dominance at 60.4%. Not dramatic, but with a mild RSI around 71, it’s enough to give BTC significant upside this week.
Ethereum tagged along, notching a 1.16% gain to $3,788.80. With 11.7% of the market cap, it remains the clear No. 2 with signs of a broader rotation into altcoins beginning to show.
Three lesser-known tokens dominated today’s performance charts.
- $SWOL soared by 1698.40% to $0.0001222.
- $AUTO surged 876.31%, reaching $18.86
- $SQUID gained 414.80%, climbing to $0.001020.
While such explosive moves often raise questions about sustainability, the momentum signals aggressive speculative activity in low-cap assets.
Snorter Launches Snout First – Will It Be August’s Best New Memecoin?
With Trump doubling down as crypto’s most bullish political ally – and talks of favorable trade talks with the EU – the memecoin market is bracing for a breakout and Snorter ($SNORT) may be first out the gate. Backed by a $2.2 million presale and a Telegram-native sniper bot, it’s already caught the eye of 99Bitcoins analysts.
Snorter isn’t subtle. It’s a Telegram trading bot and token built for speed by automating snipes, swaps, and copy trades in a single no-frills interface.
As attention shifts to Web3 social media like Twitter, Truth Social and Telegram, $TON token stands out as a winner. Additionally, 99Bitcoins analysts see Telegram utility bots like Snorter as early signals of what might drive the next phase of the bull market.
Under the hood, Snorter runs a custom scanner built to sniff out sketchy contracts before they drain your wallet. During testing, it flagged 85% of malicious tokens thanks to MEV-resistant relayers.
This is shaping up to be one of the more fun meme tokens on the rise.
SNORT Some SNORTER Token Today
EXPLORE: XRP Price Jumps 11% After SEC Crypto Unit Tease XRP ETF Progress
Key Takeaways
- The big picture is that BTC and ETH are becoming black holes for value.
- As attention shifts to Web3 social media like Twitter, Truth Social and Telegram, $TON token stands out as a winner.
The post Four Trilion Crypto Market Cap: Bullrun not Stoping, Not Yet appeared first on 99Bitcoins.
