MAP Protocol (MAPO) was the best-performing cryptocurrency on Saturday as it jumped by 100%. It rose to a high of $0.010, its highest point since Feb. 2, and 153% above its lowest point this year. This increase has pushed its…MAP Protocol (MAPO) was the best-performing cryptocurrency on Saturday as it jumped by 100%. It rose to a high of $0.010, its highest point since Feb. 2, and 153% above its lowest point this year. This increase has pushed its…

MAP Protocol, Useless Coin, LUNC lead the charge as Bitcoin hits $105k

MAP Protocol (MAPO) was the best-performing cryptocurrency on Saturday as it jumped by 100%. It rose to a high of $0.010, its highest point since Feb. 2, and 153% above its lowest point this year.

This increase has pushed its market cap to over $53 million. 

MAP Protocol price led the charge

MAP protocol

MAP Protocol is a layer-2 network for Bitcoin, allowing peer-to-peer cross-chain transactions. Its token surged as the total value locked in the network jumped. 

Its TVL jumped to $23.3 million on Saturday, the highest point since February. All dApps in the ecosystem, like HiveSwap, StaQ, and Butter Network, have all added substantial assets in their ecosystems.

The biggest risk for MAPS Protocol price is that it has become highly overbought, with the Relative Strength Index jumping to 93. This means that the token may have a big dive as investors book profits. 

Useless Coin price hits all-time high

Useless token

The Useless Coin price surged to a record high of $0.078 on Friday, even as the crypto market crashed. The Solana meme coin has jumped by over 1,245% from its lowest point this year, giving it a market cap of over $70 million.

Useless Coin, unlike MAPS Protocol, has no utility, and its price is soaring mainly because of hype and FOMO among crypto investors. 

Technicals suggest that the USELESS token has more gains ahead. It formed a cup-and-handle pattern whose upper side was at $0.047 and the lower side was at $0.0051 or a 90% dip. Measuring the same distance from the cup’s upper side gives it a target of $0.090, a few points above the current level.

LUNC price rises as burn rate jumps

LUNC price

Terra Luna Classic (LUNC) token rose by over 10% on Saturday. This jump happened after the LUNC token burn rose by over 234 million in the last seven days, bringing the cumulative burn to 410 billion. 

Technicals suggest that the LUNC price has more gains in the coming weeks. It has remained in a tight range and formed a double-bottom pattern with a neckline at $0.00007253. 

LUNC has also moved in the accumulation phase of the Wyckoff Theory, pointing to an eventual comeback. A move above the neckline at $0.00007253 will point to more gains to the 50% retracement level at $0.0001135.

Meanwhile, Bitcoin rallied past $105,000 at last check on Saturday. See below.

Bitcoin chart
Market Opportunity
Terra Classic Logo
Terra Classic Price(LUNC)
$0.00004064
$0.00004064$0.00004064
+1.72%
USD
Terra Classic (LUNC) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Is Putnam Global Technology A (PGTAX) a strong mutual fund pick right now?

Is Putnam Global Technology A (PGTAX) a strong mutual fund pick right now?

The post Is Putnam Global Technology A (PGTAX) a strong mutual fund pick right now? appeared on BitcoinEthereumNews.com. On the lookout for a Sector – Tech fund? Starting with Putnam Global Technology A (PGTAX – Free Report) should not be a possibility at this time. PGTAX possesses a Zacks Mutual Fund Rank of 4 (Sell), which is based on various forecasting factors like size, cost, and past performance. Objective We note that PGTAX is a Sector – Tech option, and this area is loaded with many options. Found in a wide number of industries such as semiconductors, software, internet, and networking, tech companies are everywhere. Thus, Sector – Tech mutual funds that invest in technology let investors own a stake in a notoriously volatile sector, but with a much more diversified approach. History of fund/manager Putnam Funds is based in Canton, MA, and is the manager of PGTAX. The Putnam Global Technology A made its debut in January of 2009 and PGTAX has managed to accumulate roughly $650.01 million in assets, as of the most recently available information. The fund is currently managed by Di Yao who has been in charge of the fund since December of 2012. Performance Obviously, what investors are looking for in these funds is strong performance relative to their peers. PGTAX has a 5-year annualized total return of 14.46%, and is in the middle third among its category peers. But if you are looking for a shorter time frame, it is also worth looking at its 3-year annualized total return of 27.02%, which places it in the middle third during this time-frame. It is important to note that the product’s returns may not reflect all its expenses. Any fees not reflected would lower the returns. Total returns do not reflect the fund’s [%] sale charge. If sales charges were included, total returns would have been lower. When looking at a fund’s performance, it…
Share
BitcoinEthereumNews2025/09/18 04:05
WazirX founder confirms that the Indian crypto exchange’s dispute with Binance has escalated to formal litigation

WazirX founder confirms that the Indian crypto exchange’s dispute with Binance has escalated to formal litigation

WazirX founder and CEO Nischal Shetty has confirmed that the Indian crypto exchange’s dispute with Binance has escalated to formal litigation. This has raised concerns
Share
Coinstats2025/12/27 05:45
WazirX founder Nischal Shetty says Binance ownership dispute now in litigation

WazirX founder Nischal Shetty says Binance ownership dispute now in litigation

The post WazirX founder Nischal Shetty says Binance ownership dispute now in litigation appeared on BitcoinEthereumNews.com. WazirX founder and CEO Nischal Shetty
Share
BitcoinEthereumNews2025/12/27 05:53