Posted 12/29/2023, 1:06:00 PM
Bitcoin Soars 158% in 2023 as Meme Coins Gain Interest Despite Privacy Coin Delistings
- Bitcoin on track to close out 2023 up around 158% from $16,500 at start of year
- Privacy coins like Dash, Monero, Zcash dropped up to 10% after OKX exchange said it will delist them on Jan. 5
- Avalanche Foundation considering buying meme coins like COQ, Husky, ShibX to recognize distinct crypto niches
- Meme coin selection based on holders, liquidity, maturity, sentiment
- U.S. dollar index declined 4.7% in Q4, likely helping bitcoin and risk assets perform positively