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Breaking News: Bitcoin, XRP, Ethereum Dip Post Fed's Rate Cut: What’s Next For Crypto?

BTC Continues to Gain Traction – Bitcoin Hits New ATH Above $81,800

NewsBTC
NewsBTC
Last Updated: November 11, 2024 6:24 pm
6 mins read

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Bitcoin continues its upward momentum after breaking its previous all-time high three days ago.

Trump’s victory has clearly had a major positive impact on market sentiment, triggering a broad-based rally across crypto assets.

However, the real potential for gains may start when the president-elect takes office in January and begins implementing his pro-crypto agenda.

At that point, we could well see BTC pushing past the $100,000 level.

In the meantime, the most profitable options can be found in the meme coin ICO sector, which has dominated market activity throughout 2024.

Let’s check them out.

>>>Buy The Best Crypto Now<<<

Bitcoin Hits New All-Time High as Trump’s Pro-Crypto Stance Fuels Bullish Momentum

Bitcoin (BTC) surged to a fresh all-time high of $81.820 following Donald Trump’s election as the 47th President of the United States. 

With Trump’s pro-crypto stance, which includes plans for a strategic national Bitcoin stockpile and clearer crypto regulations, investor sentiment has turned bullish. 

As a result, BTC continues its upward trajectory, breaking through previous resistance levels and gaining momentum.

Technical analysis suggests that Bitcoin’s next target could be within the $90,000 range. 

The Relative Strength Index (RSI) on both the weekly and daily charts indicates that BTC has more room to grow, with RSI levels holding below overbought territory. 

Additionally, the ‘Trump trade,’ which has led to long positions in the U.S. dollar, crypto, and higher Treasury yields, is reinforcing Bitcoin’s bullish outlook.

However, recent data from Coinglass shows that Bitcoin spot ETFs recorded outflows, likely due to profit-taking following BTC’s recent highs. 

Despite this, technical indicators and growing institutional interest suggest BTC could continue its climb, potentially reaching new all-time highs as the market anticipates favorable policy changes under the incoming administration.

>>>Buy The Best Crypto Now<<<

Pepe Unchained Surpasses $26.5M in Presale Following Launch of New Meme Coin Trading Platform

Pepe Unchained’s presale continues to break records, recently surpassing the $26.5 million mark after unveiling Pump Pad, a unique platform designed for effortless meme coin creation on the Pepe Chain network. 

This new tool, inspired by Solana’s successful Pump.fun, allows anyone to create and trade meme coins on Ethereum with just a few clicks, fueling excitement around Pepe Unchained’s (PEPU) rapidly expanding ecosystem. 

Each new token launched on Pump Pad will have locked liquidity and no buy-or-sell tax, creating a more secure environment for investors.

With its Layer-2 technology, Pepe Unchained is set to deliver up to 100 times the speed of Ethereum, keeping transactions smooth and cost-effective. 

The platform’s appeal has gained traction among prominent crypto influencers, adding to the momentum as PEPU heads toward its DEX listing. 

This milestone cements Pepe Unchained’s status as the best ICO project in the 2024 meme coin scene. 

Even some analysts like Austing Hilton believe that $PEPU is ready for massive surges once it goes live.

>>>Buy Pepe Unchained Now<<<

Crypto All-Stars Presale Hits $3.1M as MemeVault Staking Spurs Investor Excitement

Crypto All-Stars ($STARS) has hit a new milestone, reaching $3.3 million in its presale. Investors are flocking to this project, drawn by its unique MemeVault feature. 

MemeVault shakes up the meme coin space by allowing holders of popular coins like DOGE to stake them for STARS tokens. Staking STARS takes things up a notch, with a 3x reward boost and potential returns of up to 496% per year.

The team prioritized security, getting through audits from Coinsult and SolidProof. And with STARS set to list on a DEX—and maybe even a CEX soon—the buzz is growing. 

Crypto YouTuber ClayBro, with 130,000 followers, recently called STARS “primed to explode.” 

With Bitcoin and Solana on the rise, Crypto All-Stars could be the next big mover, attracting more attention from meme coin enthusiasts and shaking up the market.

>>>Buy Crypto All-Stars Now<<<

Flockerz ($FLOCK) is The New Meme Coin on Everyone’s Radar with Big Potential and Talk of a Binance Listing

Flockerz ($FLOCK) is another high-potential presale that just smashed through $1.4 million in its presale as investors search for the next big meme coin. 

Unlike typical meme coins fueled by pure hype, Flockerz offers something unique: its Vote-to-Earn model. 

Through its DAO platform, “Flocktopia,” token holders can actively participate in the project by voting on key governance decisions. Each vote earns FLOCK tokens, rewarding investors for staying involved.

Security also plays a key role here. Flockerz passed smart contract audits from Coinsult and SolidProof, adding credibility to the project and easing investor concerns. 

Additionally, Flockerz offers an impressive 1,289% APY staking reward, which has already drawn a steady flow of investors.

Early supporters can currently buy FLOCK tokens for $0.0059571 each, though prices are set to rise in under three days. 

With Dogecoin and Bitcoin showing upward momentum, the timing for Flockerz couldn’t be better.

>>>Buy Flockerz Now<<<

FreeDum Fighters: The Next Big PolitiFi Token? Experts Forecast Explosive Gains for DUM

As the U.S. presidential election stirs up crypto markets, FreeDum Fighters ($DUM) has emerged as a new PolitiFi contender, catching the eye of investors and analysts. 

With over $300 million in recent PolitiFi trading volume, political-themed tokens are booming, and FreeDum Fighters is set to capitalize on the momentum. 

Crypto influencers like Jacob Bury and ClayBro are forecasting impressive returns, with potential for up to 25x gains post-exchange listing, while 99Bitcoins predicts a 100x increase.

The project’s Vote-to-Earn model introduces a unique staking experience, where investors can back one of two AI-powered candidates, MAGATRON or Kamacop 9000. 

Yields fluctuate based on support, with MAGATRON offering up to 270% APY and Kamacop 9000 as high as 718% APY. Each vote not only amplifies rewards but also immerses holders in a satirical clash of political icons, merging meme culture with community involvement.

With DUM tokens priced at just $0.00007 during presale, the window to buy in early is open, but analysts expect a price jump once it hits the market. 

FreeDum Fighters’ combination of meme appeal and staking rewards puts it in prime position as the PolitiFi frenzy heats up.

>>>Buy FreeDum Fighters Now<<<

Conclusion

The cryptocurrency market is experiencing a notable surge, with Bitcoin maintaining strength above $81,000 following Trump’s electoral victory. 

While BTC shows potential for further growth, the meme coin sector is particularly active in 2024, with several promising presale projects gaining traction. 

Pepe Unchained has raised over $26.5M with its innovative Pump Pad platform, while Crypto All-Stars, Flockerz, and FreeDum Fighters are attracting investors with unique features like Vote-to-Earn mechanisms and high staking yields. 

These presales offer diverse opportunities for investors looking to participate in the expanding crypto ecosystem.

 

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

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