BITCOIN has increased by 26.07% in the last 24 hours, currently priced at $0.11547

Bitget market data shows that BITCOIN has increased by 26.07% in the last 24 hours, currently priced at $0.11547.

Public information reveals that BITCOIN announced it will create a public chain MEMECHAIN based on Altlayer and EigenLayer. The tweet announcing this has already received an exposure of 136.5K views.

Historical data indicates that BITCOIN is still more than double away from its previous high. This token had three major increases in the past, showing strong sustainability during rallies. However, it should be noted that after Meme project started to build DeFi infrastructure, if there are no innovative measures like Meme Coin destruction mechanism, the coin price often continues to fall after a period of increase.