Featured image of post 2024-11-20: Crypto Toilet Plunge - 1B Market Cap Dive

2024-11-20: Crypto Toilet Plunge - 1B Market Cap Dive

Buckle up, buttercup. The crypto markets are doing their best Titanic impression, and some of these 'assets' are sinking faster than a lead zeppelin. We're diving deep into the 1B market cap swamp to see who's swimming naked (spoiler: it's probably you).

  • WBTC (Wrapped Bitcoin)
    • $92910.00: ⭐⭐⭐⭐⭐⭐⭐
    • Wrapped Bitcoin (WBTC) is to Bitcoin as Jersey Mike’s is to post-Blackstone acquisition Subway – it’s the same thing, just…worse? Slightly less prestigious, maybe? Who knows. At least it’s going up. For now. Remember, all that glitters is not gold, but it might be wrapped gold.
  • BUSD (BUSD)
    • $1.00: ⭐⭐
    • Stablecoins are supposed to be boring, aren’t they? BUSD is so stable, it makes watching paint dry look like a rave. It’s like the designated driver of the crypto party – responsible, slightly dull, and definitely not the life of the party.
  • CRO (Cronos)
    • $0.18: ⭐⭐⭐
    • Cronos (CRO) - the name itself sounds like a rejected Transformer. With a 7% 24h change, it’s experiencing a surge of sorts, but let’s be real, it’s like finding a $5 bill in your old jeans – momentarily exciting, but not enough to quit your day job. And in this market, any excitement should probably be greeted with suspicion. Don’t tell your friends to buy at $60k. They’ll dump it at $30k and haunt your dreams forever (See the saga unfold on r/Bitcoin).
  • ETC (Ethereum Classic)
    • $25.93: ⭐⭐⭐⭐⭐
    • Ethereum Classic, or as I like to call it, ’the other Ethereum’, is proving to be a wildcard. Like that one friend who crashes on your couch for ‘a few days’ and ends up staying for six months, it might overstay its welcome but offer occasional entertainment with its unpredictable price swings. Don’t get too attached, though, because as one Reddit user so eloquently put it about Jersey Mike’s: ‘Quality is fucked now. This one is doomed.’
  • MKR (Maker)
    • $1508.34: ⭐⭐⭐⭐⭐⭐
    • Maker (MKR), with its hefty price tag, is playing the role of the ‘cool kid’ in the crypto cafeteria. It’s up 1%, which is the equivalent of finding a forgotten chicken nugget in your lunch bag – not life-changing, but a pleasant surprise nonetheless.

Remember that time your friend tried to convince you to buy Bitcoin back in 2019 when it was a measly $5k? (See r/Bitcoin). Well, now even Warren Buffett is hoarding a cash pile the size of a small country (reportedly $320B according to r/wallstreetbets) instead of buying back Berkshire shares. Is he waiting for the everything-must-go fire sale? Meanwhile, MSTR’s stock is playing a game of ‘how high can you go’ while fueled by the infinite money glitch that is Bitcoin (also r/wallstreetbets). So, while the Oracle of Omaha clutches his pearls, the rest of us are left wondering if we should buy a yacht with our Bitcoin profits or just buy more Bitcoin. What could possibly go wrong?


Logo 30D Change 24H Change Circulating Price $ Diluted Cap $ Cap # Symbol Name
0 1 68.4M 530 BUSD BUSD
1 1 496M 139 TUSD TrueUSD
2 -1% 1.18 1.18B 78 LDO Lido DAO
3 +1% 81% 88.59 1.32B 75 QNT Quant
4 +1% 87% 1508.34 1.52B 70 MKR Maker
5 6.42 2.51B 44 ATOM Cosmos
6 +1% 93% 0.03 2.81B 43 VET VeChain
7 159.37 2.94B 38 XMR Monero
8 0.43 4.32B 83 MATIC Polygon
9 54% 0.74 4.58B 45 MNT Mantle
10 -1% 9.22 4.85B 28 ICP Internet Computer
11 1 5.36B 25 DAI Dai
12 +7% 0.18 5.38B 26 CRO Cronos
13 -1% 71% 25.93 5.46B 32 ETC Ethereum Classic
14 +1% 93094.9 6.08B 9933 BTCB Bitcoin BEP2
15 -9% 75% 0.12 6.15B 27 HBAR Hedera
16 -9% 0.12 6.16B 10013 WHBAR Wrapped HBAR
17 -1% 0.69 6.92B 39 ARB Arbitrum
18 -2% 5.71 6.97B 21 NEAR NEAR Protocol
19 -3% 89% 86.3 7.25B 23 LTC Litecoin
20 29% 1.76 7.56B 51 OP Optimism
21 +7% 8.44 8.32B 19 LEO UNUS SED LEO
22 4.41 8.63B 42 FIL Filecoin
23 -1% 94% 443.2 9.31B 17 BCH Bitcoin Cash
24 +2% 5.97 9.07B 16 DOT Polkadot
25 9.19 9.19B 24 UNI Uniswap
26 +3% 59% 0.23 11.7B 20 XLM Stellar
27 44.15 13.2B 41 OKB OKB
28 +1% 92910 13.6B 9931 WBTC Wrapped Bitcoin

The crypto market is like a reality TV show – full of drama, questionable decisions, and the occasional train wreck. So grab your popcorn, place your bets, and remember, never invest more than you can afford to lose (unless it’s MSTR, apparently. In that case, just print more money). Until next time, folks. May your bags be heavy and your losses…minimal.

Made with the laziness 🦥
by a busy guy