Pepe Coin (PEPE) Surges 6% Following SEC News, Bitcoin Minetrix Gains Momentum

Updated: 24 October 2023

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Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

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Pepe’s price has started to surge upward. The token is trading at $0.000000739893 as of 8:27 a.m. EST, showing a 6% increase over the past 24 hours.

Furthermore, information gathered from Etherscan.io also indicates growth in token holders over the same period, indicating increased investor interest.

Pepe Surges After Sec Drops Ripple Lawsuit

Market sentiment improved following the SEC’s decision to drop the lawsuit against Ripple, contributing to the rise in PEPE’s price as it rebounded from $0.0000006364, attracting additional buyers and pushing the price above the descending channel.

BOOOOOOOOOOOOOM 💥

JUST IN: 🇺🇸 SEC drops lawsuit against Ripple $XRP executives.@Ripple has completely DESTROYED the SEC!

It’s a massive win for $XRP pic.twitter.com/AZjEiXXcjD

— EDO FARINA 🅧 XRP (@edward_farina) October 19, 2023

Additionally, investors are becoming more confident in the regulator’s approval for spot Bitcoin ETFs soon.

🚀#Bullish on Spot #BitcoinETF approval! #Coinbase CLO Paul Grewal, Mike Novogratz, and JP Morgan are all confident that the #SEC will approve a Spot #Bitcoin #ETF.

Do you think regulatory approval is finally on the horizon?#BTCETF

Follow for more crypto updates! pic.twitter.com/1yHFXIVDww

— Satoshi Scribes.eth (@SatoshiScribes) October 23, 2023

PEPE Breaks Above Descending Channel

Pepe coin (PEPE) has shown signs of resurgence by breaching the upper boundary of a bearish channel. The possibility of additional gains lies ahead, subject to the willingness of holders to delay their profit-taking.

PEPE/USD Chart Analysis. Source: Tradingview.com — PEPEUSD Chart Analysis. Source: Tradingview.com

The price has crossed over the 50-day Simple Moving Average (SMA) on the daily chart, suggesting a potential reversal in the short-term trend. This shift is reinforced by PEPE’s bounce back from the support level at $0.00000062, which was similarly tested last week.

In the meantime, investors should consider investing in Bitcoin Minetrix, which is gaining momentum like rapid fire.

Bitcoin Minetrix: Mine BTC, Stake Tokens, and Win Over $30K

Bitcoin Minetrix (BTCMTX) is an innovative tokenized cloud mining platform designed to make BTC mining accessible to everyone. This decentralized platform eliminates the need for expensive hardware and safeguards against third-party scams.

Bitcoin Minetrix is in its third presale stage and has already raised an impressive $2,116,804. You can buy BTCMTX tokens at $0.0112 now, but this price will increase in 4 days when the presale moves to the next stage. You can check out our BTCMTX Price Prediction here.

Announcement! 📢#BitcoinMinetrix has achieved a monumental milestone, surpassing $2,000,000 raised!

We are now also less than 40 minutes away from the start of Stage 3! 🪙 pic.twitter.com/iZENKYsxcd

— Bitcoinminetrix (@bitcoinminetrix) October 23, 2023

Moreover, investors can stake their BTCMTX tokens on the Ethereum network, allowing them to earn an impressive 277% passive income and win over $30k.

Check out Crypto Gains, a popular crypto YouTube channel boasting over 108,000 subscribers. They explain why getting involved in the project at an early stage is advantageous.