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The Pepe price has increased by 2.3% in the last 24 hours, reaching $0.00000117 as of 2:00 a.m. EST.
PEPE, which emerged during the crypto winter, experienced a remarkable 55% increase over the past week and is up 74% over two weeks.
The recent increase in value can be credited to a token burn of $5.5 million on Tuesday. This move helped ease concerns about a rogue developer potentially offloading tokens on the open market.
$PEPE has surpassed 155k+ on chain wallets including all tokens bridged to Arbitrum and BSC. 🐸 pic.twitter.com/szPKLV3lso
— Pepe (@pepecoineth) October 25, 2023
Furthermore, within the last week, more than 155,000 individual wallets have held Pepe tokens, including those connected to all token bridges to Arbitrum and BSC.
Will PEPE Price Bulls Surpass the $0.000001479 Resistance?
PEPE has undergone a significant breakout from a descending channel.
This was instigated by a double bottom pattern at $0.0000006250, which aligns with the 50-day Simple Moving Average (SMA), initiating a bullish rally that propelled the price to $0.000001365. Following this rally, a brief correction by sellers occurred, offering an enticing opportunity for potential investors.
Furthermore, the price’s recent crossover above the 50-day Simple Moving Average (SMA) on the daily chart supports the anticipated bullish rally beyond the current resistance level.
Should the bullish momentum persist, there is potential for PEPE to surpass the critical resistance level at $0.000001479.
PEPE Price Poised For A Bull Run
PEPE demonstrates a favourable setup for a bullish upswing, supported by the relative strength index (RSI), which has rebounded from 39 to 80, surpassing the overbought threshold at 70. This suggests the potential for upward price movement within the existing bullish trend.
The combined support of the RSI and the 50-day Simple Moving Average (SMA) enhances the outlook, providing the potential for bullish momentum to drive the price to levels at $0.000001479 and $0.000001900.
However, it is essential to note that bearish intervention may trigger a corrective price action, which could lead the bulls to retreat to the $0.000001107 level.
At the same time, Bitcoin Minetrix is strategically positioned to assert itself as the primary meme coin, driven by its substantial surge in the presale project and enticing stake-to-mine program.
Buy BTCMTX Now: Price Increases In 3 Days
The BTCMTX presale is quickly approaching its $3.385 million soft cap, with the token presale having already garnered a substantial $2.7 million The presale has progressed to stage 4.
#BitcoinMinetrix is now in Stage 4! 🪙 pic.twitter.com/QNRIzrauTf
— Bitcoinminetrix (@bitcoinminetrix) October 28, 2023
Bitcoin Minetrix introduces a tokenized platform that enables regular individuals to engage in decentralized Bitcoin (BTC) mining. The aim is to make cloud mining safe and transparent while eliminating the risks associated with third-party cloud mining schemes and empowering token holders with control.
All you need to do is stake your BTCMTX tokens to earn credits, which you can use for BTC mining.
Discover the thriving world of #BitcoinMining, with industry growth projected to hit $12 billion by 2027! 🚀
At #BitcoinMinetrix, we're making mining accessible and secure for everyone through innovative cloud mining and staking methods. pic.twitter.com/memJbYnqle
— Bitcoinminetrix (@bitcoinminetrix) October 29, 2023
To achieve the presale’s target of a $15 million hard cap, BTCMTX has set a $3.385 million soft cap, offering each token at a rate of $0.0113. This price is slated to rise in the upcoming stage within the next three days as the presale advances into stage 5.
The token price will continue to increase in subsequent stages, ultimately reaching $0.0119 in the final stage.
The proceeds generated from the presale will be used for several purposes, including launching the Bitcoin Minetrix platform, promoting the token, setting up a cloud mining facility, and ensuring a long-term lease for this facility.
Stake Your Tokens, Win $3000 Airdrop
BTCMTX is also a stake-to-mine program that helps you achieve a substantial Annual Percentage Yield (APY) of up to 217%. This innovative program integrates cloud mining with token staking, involving the active staking of 192 million tokens.
The straightforward process enables you to convert these credits into hash power. This decentralized approach strongly emphasizes user security and transparency throughout the mining experience.
Take advantage of the exciting BTCMTX $30,000 Minedrop airdrop competition to win $3,000 worth of BTCMTX tokens among ten fortunate winners.
Jacob Bury, with a YouTube subscriber base of 23K, reviews BTCMTX as a “Promising New Cryptocurrency with 10x Growth Potential Coming Soon as an Alternative to Bitcoin.” He has also bought $2,000 worth of BTCMTX.
To start you off, visit the BTCMTX token website, connect your Web3 wallet, and exchange your USDT, ETH, or BNB for the tokens. Alternatively, you can make a direct purchase using a bank card.
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