Crypto valuations, especially ETH ▲1.88%, 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.
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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.
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