Dogecoin and Shiba Inu prices prep for a surge as Bitcoin Pepe thrives
Investors continue to eye revolutionary projects with the potential to earn them the title of crypto millionaires. One such entrant is Bitcoin Pepe, the first meme ICO on the Bitcoin network.
It seeks to integrate the meme culture into the reliable BTC space while ensuring the investors enjoy lower transaction fees and Solana-style speed. At its current price of $0.0295, savvy investors have an opportunity to rake in hefty gains during the presale. Additionally, the Bitcoin Pepe token has the potential to grow by 100x once it hits the public shelves in Q2.
Dogecoin bulls readies for a rebound as market sentiment improves
After dropping to a two-week low earlier in the week, Dogecoin price has rebounded; holding steady above the support zone of $0.1650 for the second session in a row. On the one hand, economic uncertainties are weighing on meme coins and crypto majors alike. However, the bulls are looking to buy the dip, as shown in the three out of four past weeks of gains.
In the immediate term, Dogecoin price will likely find resistance along the middle Bollinger band at $0.1750 while holding above the support zone of $0.1577. Indeed, this thesis will be invalidated by a drop below that level. On the upside, a move above $0.1918 is needed to substantiate a trend reversal.
Bitcoin Pepe set to be top creator of crypto millionaires
As the first ever meme ICO on the Bitcoin network, Bitcoin Pepe is seeking to revolutionize the space. This involves offering a solution to the existing challenges while maintaining its strengths. To do so, it is building “Solana on Bitcoin” through its layer 2 solution. This will ensure that investors enjoy Bitcoin’s security at Solana-style transaction speed and lower fees.
Besides, through the new PEP-20 standard, retail investors have an opportunity to launch meme coins on the reliable BTC network. Indeed, this infrastructure is what has attracted a high number of investors. Despite the economic uncertainties and risk-off mood, crypto enthusiasts are rushing to amass some BPEP tokens before the project hits the public shelves in Q2.
In less than two months, Bitcoin Pepe has already sold out its first 8 stages, raising over $5.9 million. In addition to its growth potential post its launch, the early adopters have already secured 33.8% in cumulative gains. What started at $0.0210 has already increased to $0.0295 and is set to rise further to $0.864 by the end of the presale. Hurry up and buy Bitcoin Pepe here.
Shiba inu prepares for a rebound as bulls defend crucial support zone
Shiba Inu, the second-largest meme coin, has continued to hold steady above the support zone of $0.00001200 as the bulls remain optimistic of a rebound. However, a look at its daily chart indicates that it is not out of the woods yet as it remains below the middle Bollinger band.
While the bulls seek to buy the dip, fear in the broader cryptocurrency market is set to continue weighing on the meme coin. In the immediate term, Shiba Inu price will likely remain range-bound between $0.00001192 and $0.00001332.
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