{"id":596854,"date":"2024-11-11T15:44:43","date_gmt":"2024-11-11T15:44:43","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=596854"},"modified":"2024-11-11T15:44:43","modified_gmt":"2024-11-11T15:44:43","slug":"bitcoin-shatters-80k-barrier-as-moonvember-rally-ignites-while-pepe-unchained-roars-past-26-7m-amid-intensified-whale-buying","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/bitcoin-shatters-80k-barrier-as-moonvember-rally-ignites-while-pepe-unchained-roars-past-26-7m-amid-intensified-whale-buying","title":{"rendered":"Bitcoin Shatters $80K Barrier As \u2018Moonvember\u2019 Rally Ignites, While Pepe Unchained Roars Past $26.7M Amid Intensified Whale Buying"},"content":{"rendered":"

Pepe Unchained ($PEPU)<\/a> has soared past $26.7 million in its presale as Bitcoin ($BTC) hits a new all-time high above $83k in what is being dubbed a “Moonvember” price explosion for crypto.<\/p>\r\n\r\n\r\n\r\n

The crypto market has now entered full risk-on mode, with the Greed and Fear Index approaching “extreme greed” territory. As a result, the total market value of all cryptocurrencies soared by $150 billion to over $2.75 trillion on Monday.<\/p>\r\n\r\n\r\n\r\n

Sector-wise, the meme coins saw the biggest buying frenzy, pumping 18.5% in the past 24 hours, from $73.69 billion to $87.33 billion. On a per-token level, the sector’s rising star, Pepe Unchained, continues to steal the show, adding $1.6 million in just four days since its last milestone.<\/p>\r\n\r\n\r\n\r\n

Pepe Unchained’s latest explosive fundraising round is driven in part by another major whale buy, pushing its total funding close to $27 million.<\/p>\r\n\r\n\r\n\r\n

With solid demand for $PEPU, investors are clearly positioning themselves ahead of the token’s major exchange listing. Those who haven’t yet participated can still join the presale and secure $PEPU at $0.01249.<\/p>\r\n\r\n\r\n\r\n

However, in less than 14 hours, the price of $PEPU<\/a> will increase as a new funding round begins.<\/p>\r\n\r\n\r\n\r\n

Bitcoin At $100K On The Radar: What’s It Mean For Pepe Unchained, The Meme Coin Market?<\/h2>\r\n\r\n\r\n\r\n

When Bitcoin first breached $20,000 back in 2020, the idea of it reaching $100,000 seemed like wishful thinking. As crypto critics would argue, “It’s nothing but a bubble – just another tulip mania.” <\/p>\r\n\r\n\r\n\r\n

After enduring several crypto winters and facing scandals that shook the entire industry, Bitcoin has, indeed, defied the naysayers. With its recent price action, the $100,000 milestone now feels more like an imminent reality than a far-off dream.<\/p>\r\n\r\n\r\n\r\n

The six-figure digit target come against the global backdrop of low interest rates, providing rocket fuel for a possible Bitcoin moon ride, while historically, post-election periods –  as The Crypto Dev notes on X – have often served as the phase of a cycle for the top crypto to reach new all-time highs. <\/p>\r\n

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#Bitcoin<\/a> history is exactly repeating. $BTC<\/a> to 100K and beyond is confirmed. pic.twitter.com\/W5yjJUTD4f<\/a><\/p>— The Crypto Dev (@TheCryptoDev_) November 8, 2024<\/a><\/blockquote>