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Bitcoin Pepe gains momentum as Fartcoin rally loses steam

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Bitcoin Pepe eyes 273% surge as Fartcoin loses momentum

After several weeks full of action, Fartcoin is facing a critical juncture as technical indicators suggest a potential downturn.

Meanwhile, Bitcoin Pepe (BPEP), a recent entrant in the crypto market, is preparing for expansion as its presale draws interest, with projections pointing to a potential triple-digit percentage increase by the end of the offering.

As the crypto market continues to evolve, investors are closely watching these two tokens for signs of opportunity and risk.

Fartcoin bullish run loses steam

According to technical analysis, Fartcoin has completed a five-wave bullish Elliott Wave structure, signaling the end of its impulsive phase.

This completion often precedes a corrective phase, which could take the form of an ABC or ABCD pattern.

Currently, Fartcoin is struggling to break through the $1.15–$1.30 resistance zone, with multiple failed attempts to close above $1.30.

This resistance has formed a bearish order block on the daily chart, indicating strong selling pressure.

The lack of sustained buying volume and momentum suggests that bulls are losing control.

Furthermore, a macro ABCD correction may be forming, which could lead to a prolonged downtrend.

If this correction plays out, Fartcoin could revisit lower support levels, potentially targeting $0.90–$1.00.

This technical setup indicates that Fartcoin may have run out of gas, at least for the time being.

Bitcoin Pepe: a meme coin revolution on Bitcoin

As Fartcoin loses momentum, Bitcoin Pepe emerges as a promising alternative, aiming to bring the meme coin revolution to the Bitcoin network.

Bitcoin Pepe is developing a Layer-2 solution aimed at bringing together Bitcoin’s security with Solana-like speed and lower fees.

The project introduces a new PEP-20 token standard, enabling the creation of meme coins directly on Bitcoin.

Currently, Bitcoin Pepe is in its presale phase, with the token currently priced at $0.031 in the ninth presale stage.

The presale is structured across 30 stages, with the next stage price set at $0.0326 and the final stage at $0.0864.

Early investors who buy at the current stage could see gains of over 150% by the final stage, while those who invested at the first stage could see up to 311.4%.

Beyond the presale, projections suggest that Bitcoin Pepe could surge even further, driven by its innovative technology and strong community support.

The tokenomics are designed to support long-term growth, with 50% of the 2.1 billion tokens allocated to the community.

Additionally, 15% is reserved for staking and rewards, incentivizing holders to participate in the ecosystem.

Other allocations include 10% for liquidity, 10% for development, 10% for marketing, and 5% for the treasury.

This balanced distribution ensures that the project has the resources to achieve its ambitious roadmap.

Investing now could be a strategic move, as Bitcoin Pepe’s unique value proposition and strong community focus position it for significant growth.

As Fartcoin faces potential headwinds, Bitcoin Pepe’s upward trajectory offers a compelling opportunity for investors seeking high-growth potential.

Investors interested in the Bitcoin Pepe presale can visit the official Bitcoin Pepe website for more information.

The post Bitcoin Pepe gains momentum as Fartcoin rally loses steam appeared first on Invezz

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