HSK listing and bitcoin dominance: what to expect this week
Listings, new Bitcoin records, and Thanksgiving - key events for the upcoming week in the crypto market. Let's discuss what analysts are expecting from them.
Listings of RWA and HSK
On November 25, exchanges KuCoin, Gate.io, and MEXC will be listing RWA. The token was created by RWA Inc., an ecosystem for the tokenization and trading of real assets. The total supply will be 1 billion coins.
The following day, KuCoin will list Hashkey (HSK). The founder of AltCryptoTalk has a favorable view of the asset:
«$HSK shows potential🧐. @HashKey_Global. $HSK is the native token of the HashKey ecosystem, offering strong potential for growth across multiple platforms:
> HashKey Exchange: $1.82B
> HashKey Capital: $1.38
> HashKey Cloud: $400M
With a MCAP of just ~$100M, @HashKeyHSK is undervalued compared to some of its main competitors», - says fаounder of AltCryptoTalk , сo-Founder of KollectAgency Sjuul. (@AltCryptoGems)
On November 28, trading of TPRO will begin on the Coinstore exchange. The project was developed by Tokenomia.pro, a company focused on tokenomics and consulting.
Bitcoin growth
Breaking the $105,000 mark could pave the way to the $130,000 level. In this situation, the FOMO effect (fear of missing out) is likely to manifest, leading to a rapid increase in prices due to stop-loss orders being triggered among sellers and the mass entry of new market participants who previously missed the opportunity to buy Bitcoin at around $50,000 during the summer.
«The price target of this #Bitcoin bull flag is $120K», - says YouTuber Crypto Rover. (@rovercrc)
«$BTC dominance is now at 59%. My guess is that dominance topped out days ago and is heading to 35%.
In other words: altseason has just started», - assumes Crypto Trader Alejandro₿TC. (x - @Alejandro_XBT)
«#Bitcoin history is exactly repeating. We are about to pump so much higher», - Bitcoin & Altcoin trader and investor Mister Crypto. (x- @misterrcrypto)
Thanksgiving Day
The crypto market is likely anticipating increased volatility by the end of the week, as monthly options contracts for Bitcoin (BTC) and Ethereum (ETH) are set to expire on Friday. This will happen the day after Thanksgiving Day in the United States. On the eve of the holiday itself, liquidity is expected to decrease.
«Crypto folks can't wait to tell their relatives over Thanksgiving dinner how crypto's doing,» shares the influencer, trader BoredApe. (x - @DaybedNFT)
