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The cryptocurrency market continues to bleed liquidity, with the global market cap dipping below $3 trillion to $2.92 trillion.
Bitcoin has plummeted to a three-month low of $88,000, while Ethereum has also dropped to $2,400.
With fear dominating the market and panic selling in full effect, many are questioning whether to sell or hold assets like Pepe (PEPE).
Could Pepe Lead the Altcoin Season?
The Fear and Greed Index currently sits at 26, indicating fear, with extreme fear recorded earlier in the day. Liquidity is rapidly exiting the market, pushing most cryptocurrencies, including meme coins, deep into the red.
However, Pepe has defied the broader downturn, surging nearly 5% as investors take advantage of lower prices. This signals strong buying interest in the token, despite the general market weakness.
Bitcoin dominance remains at 60%, fluctuating between 59% and 62% for some time. A potential shift in dominance away from Bitcoin could pave the way for altcoins like Pepe to gain momentum.
Historically, such trends have led to strong performances from meme coins and other altcoins, particularly as investor focus shifts away from Bitcoin.
Pepe (PEPE) Price Prediction
Pepe dropped 14% over the past week and remains down 36% for the month, yet it still gained nearly 500% over the past year.
The project continues to show resilience, with recent social media activity, including Elon Musk’s Pepe-style meme post on February 22, keeping the token in the spotlight.
From a technical perspective, Pepe’s indicators present a mix of buy and sell signals. Buyers stepped in after the latest dip, but moving averages still point to a strong sell.
Despite this, community sentiment remains bullish as investors rally around the token during this downturn. Comparisons to previous market cycles suggest that Bitcoin could still decline further, possibly testing levels around $85,000 or even $79,000.
However, past bull runs often included sharp pullbacks before surging to new all-time highs. If history follows a similar pattern, this downturn could serve as a temporary shakeout before another major rally.
Bitcoin’s influence on the broader crypto market means a recovery could spark a fresh surge in altcoins like Pepe. Investors focused on long-term gains may see this dip as a strategic entry point rather than a reason to exit.
Selling PEPE during this downturn might not be the best approach. Historically, strong hands capture the most gains when the market rebounds. Meme coins tend to perform well in bullish conditions, and with a dedicated community and ongoing engagement, Pepe could be primed for another run.
Instead of panic selling, buying the dip could prove to be a smarter strategy, especially for those confident in Pepe’s long-term potential.
As the market stabilizes and Bitcoin strengthens, PEPE could follow suit and potentially reach new all-time highs. Now may be the time to hold, accumulate, and prepare for the next phase of the market cycle.
BTC Bull Token (BTCBULL): An Altcoin to Watch
BTC Bull Token (BTCBULL) has raised nearly $3 million in its ongoing presale, making it one of the biggest meme coin launches this year.
The project features a Bitcoin-loving bull ready to fight for the world’s first cryptocurrency. But it’s more than just a meme—its value moves in line with Bitcoin’s price gains.
BTC Bull Token rewards holders with Bitcoin airdrops when BTC reaches $150,000, $200,000, and $250,000. No other meme coin offers a direct way to earn real Bitcoin with no conditions attached.
As Bitcoin’s price nears these milestones, demand for $BTCBULL could rise, pushing its price higher. Since Bitcoin keeps getting more expensive, $BTCBULL may become a more affordable way for investors to gain exposure to Bitcoin’s growth.
The token’s structure also encourages long-term holding. With multiple airdrops set at different price points, investors have strong reasons to keep holding $BTCBULL.
Source – BTC Bull Token Twitter
BTC Bull Token adds another incentive by burning tokens when Bitcoin hits $125,000, $175,000, and $225,000. These burns shorten the time between major events, boost $BTCBULL’s value, and encourage holders to stay invested.
Investors can buy tokens for just $0.002385 and grow their holdings with staking rewards of up to 150% APY. Investors looking for a lower entry point should act fast.
Only 21 billion $BTCBULL tokens will ever exist, and a large portion has already been acquired. To get in early, visit the BTC Bull Token website and buy $BTCBULL using ETH, USDT, or a bank card.
Best Wallet remains the top choice for enabling BTC rewards. Simply store $BTCBULL in Best Wallet to qualify for Bitcoin airdrops, which go directly to your BTC wallet within the app.
Best Wallet is available on Google Play and the Apple App Store. Stay updated and connect with the growing BTC Bull Token community on X and Telegram. To take part in the $BTCBULL token presale visit btcbulltoken.com.
Related
- Pepe Price Prediction: PEPE Plunges 12% As Experts Say This AI Pepe Hybrid Might Be The Next Big Crypto
- Pepe Price Prediction – Is PEPE on Track to Hit $1 This Bull Run?
- Standard Chartered Says Bitcoin At $500k Still Achievable As BTC Bull Token Roars Past $2.5M In Presale
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