Bitcoin just blew past $82,000, hitting a new all-time high as the crypto market stays on a hot streak after Trump’s election win.
But it’s not just Bitcoin making moves.
Meme coins are also exploding, with Dogecoin and Pepe Unchained being two of the biggest gainers.
Bitcoin Hits New All-Time High – Is $100,000 Next?
Bitcoin is on fire, trading at $82,045 – its highest price ever.
The coin’s momentum is undeniable, surging 20% in just the past week.
And derivatives traders continue piling in with bullish bets, pushing open interest to a record $25.9 billion.
However, despite all the hype, Bitcoin’s gain so far is pretty modest by historical standards.
In November 2020, during the last halving cycle, BTC jumped by 43%.
The coin also posted a 53% November surge in 2017, and an enormous 450% gain back in 2013.
These figures suggest there could be plenty more room for growth this month.
Even more exciting for investors is that the mainstream is still largely oblivious to Bitcoin’s rise.
Google search trends are similar to December 2020, when Bitcoin was just breaking $20,000.
With some analysts predicting $100,000 by year-end, we might be witnessing the early stages of a potential bull run.
DOGE Price Explodes 89% in a Week as Analysts Give Enormous Price Predictions
Bitcoin’s rally is also lifting meme coins into orbit.
Dogecoin is leading the way, exploding 89% in the past week in one of its most impressive runs ever.
The coin is now hovering around the $0.288 level.
This trading frenzy is intense, with DOGE currently ranked as the fourth most traded cryptocurrency globally.
And short sellers are getting wrecked – over $35 million in short positions were liquidated in the past 24 hours alone.
This kind of price action has caught the attention of top analysts like @ali_charts, who believes Dogecoin is about to go “parabolic.”
He’s thrown out an ambitious price target of $23.26 for the meme coin.
If DOGE were to hit that target, it would represent a 7,800% increase from the current price.
That might sound ridiculous – but DOGE has a history of proving traders wrong.
With Bitcoin shattering records and crypto sentiment at multi-month highs, Dogecoin might be on track for an exciting end to 2024.
Analysts Believe Pepe Unchained is the Best Meme Coin Presale to Invest in After Raising $26.6M
While Bitcoin and Dogecoin get all the attention, investors are also eyeing promising newcomers.
And Pepe Unchained is one that’s generating tremendous buzz.
The project has already raised $26.6 million in its presale, and PEPU tokens are still available at a fixed price before the planned DEX listing.
All of the hype around Pepe Unchained seems to be peaking.
Top crypto analyst Austin Hilton recently made headlines by suggesting that it could be the “largest meme coin presale ever.”
He also said its future is going to be “insane.”
Fellow YouTuber Cilinix Crypto also gave Pepe Unchained a highly bullish review.
Pepe Unchained’s momentum is also evident in the numbers – it’s snagged the #2 spot on CoinSniper and landed features in top crypto publications like Cointelegraph.
But it’s not just hype.
This project is bringing real innovation to the meme coin space with its Layer-2 blockchain and Pump Pad feature.
These tools aim to make meme coin trading faster and cheaper, potentially changing the space entirely.
Pepe Unchained even has a staking app for the PEPU token.
This app offers APYs of 91% – and investors have already locked up over 1.7 billion tokens.
All in all, with the market heating up, early investors are betting that Pepe Unchained could be the next crypto to explode once its presale ends.
Visit Pepe Unchained Presale
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