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The Pepe price has jumped by 15% in the last 24 hours to trade at $0.00000154 as of 6:30 a.m. EST.
Pepe Price Prediction
Looking at 2-hour PEPE/USD charts, the Pepe price is poised for a plunge in the short term, as holders could now be looking to sell for profits.
The Relative Strength Indicator is on a downward trajectory as the MACD moves in the red zone. This shows bearishness on Pepe as bulls face resistance at the $0.0000016 level.
The Pepe price is volatile, as shown by the Bollinger Bands, which are moving far apart. This can be attributed to the rise in trading activities that have seen Pepe’s trading volume jump by 67% in the last 24 hours.
Meanwhile, as the Pepe price looks to drop in the short term, the new Bitcoin ETF Token is not showing any sign of slowing down as it gets more investors on board with its BTCETF token presale. In stage 8, the presale has amassed over $2.8 million, selling each token at $0.0064.
#BitcoinETF Stage 8 has begun! 🚀 pic.twitter.com/Zxp6tAPVpB
— BTCETF_Token (@BTCETF_Token) December 6, 2023
Pepe Price Prediction: Is BTCETF A Better Investment Than PEPE?
Amid mounting anticipation surrounding the Securities and Exchange Commission’s (SEC) forthcoming judgments on various Bitcoin ETF applications, the Bitcoin ETF Token (BTCETF) is making significant strides in its presale campaign. This pioneering cryptocurrency investment instrument aims to capitalize on the burgeoning expectations of SEC approvals.
BTCETF has gained substantial traction in its fundraising efforts, with investors showing keen interest in this ERC-20 coin, driven by the unique prospect of investing in a Bitcoin-centric asset.
With another price adjustment horizon in three days, now is the time to acquire BTETF tokens at a discount.
Token Burns And Transaction Taxes
BTCETF plans to implement a 25% burn of its token supply as part of its comprehensive five-stage ETF approval strategy. An additional 5% burn will occur if Bitcoin’s price reaches $100,000, reducing the total circulating supply to 1.575 billion tokens.
With a focus on supporting price, strategic milestones, and alignment with the Bitcoin ETF narrative, BTCETF is carving a niche in the dynamic and expanding cryptocurrency business.
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