Bitcoin Hits $100,000: Is It Time to Buy Fartcoin, Pepe, and Shiba Inu Before Trump’s Inauguration?

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Bitcoin has yet again broken a significant barrier, soaring past the $100,000 threshold, igniting enthusiasm within the digital currency sector.

The ongoing surge in Bitcoin’s value can be attributed to positive economic trends, like decreasing inflation rates and expected interest rate reductions, which suggest a promising future for Bitcoin within the global financial sector. With its current price hovering around $100,000 – a significant psychological threshold – investor anticipation has grown, attracting both seasoned and novice investors alike.

In simpler terms, coins like Shiba Inu, Fartcoin, and Pepe coin have been growing in popularity as risky investment options amidst a rising market. These alternative currencies are heavily influenced by their communities and meme culture, making them more likely to see price increases when the market is active.

Pepe Coin ($PEPE): Analysts Predict A 75% Gain And PEPE Will Flip Shiba Inu In Market Capitalization

Investor interest is surging towards Pepe Coin ($PEPE) as analysts foresee a rapid increase in its value. In 2023, $PEPE skyrocketed over 10,000% from nearly nothing, and it has the potential for exponential growth. The market landscape has evolved since then, but recent trends and broader economic factors suggest another surge could be imminent.

Currently, the cryptocurrency PEPE is maintaining its position above significant milestones, demonstrating resilience amid market fluctuations. Technically speaking, it has formed a bullish “Bull Flag” pattern, suggesting a potential price surge to approximately $0.0000375. This projected increase would result in an impressive 99% profit for investors starting from the current value. Notably, the daily chart is testing the support level at $0.00001716, which represents the upper boundary of a cup-and-handle formation. Given this context, it seems likely that the upward trend will persist further.

Additionally, the cryptocurrency PEPE has maintained itself above its 100-day moving average, indicating robust bullish energy. Moreover, analysts are noticing a triple bottom pattern emerging, with a neckline at $0.00002826. This suggests that the price will rise and potentially revisit the highs of 2024.

Pepe is ready to soar. Source X

The value of Pepe Coin exceeds $7.2 billion, approaching the market cap of Shiba Inu at $12.6 billion, as per analyst predictions. These experts anticipate a 75% increase in Pepe Coin’s value, potentially allowing it to surpass Shiba Inu in terms of market capitalization. Additionally, if Ethereum rebounds to $5,000, this could serve as a catalyst for altcoins like Pepe Coin ($PEPE), leading to an increase in its value. Our prediction is that a bullish Ethereum will bring more liquidity into the Pepe Coin market, causing it to rise further.

Fartcoin Up 60%: The Meme Coin To Watch?

Fartcoin (FARTCOIN), a meme coin built on Solana, is experiencing growth within the cryptocurrency market following a 60% price surge. Originally priced at $0.75, it has reached a five-day high of $1.07, silencing its critics in the process. The trading volume for this token has skyrocketed to an impressive $204 million over the past day, drawing interest from both investors and traders alike, signaling that Fartcoin is making a comeback.

At first glance, Fartcoin was considered a temporary joke. However, it’s starting to show that it might have more staying power, emerging as a meme coin with potential longevity. This quirky digital currency was born from an AI chatbot with a comical twist, and its distinctive feature – the fart sound effect accompanying every transaction – has struck a chord within its expanding fanbase. With its completely decentralized design, allowing for natural growth, the token is becoming one of the most buzzed-about assets on social media platforms.

Analysis indicates that Fartcoin has transitioned into an upward trend following its surge beyond the $1.00 resistance level. Recently, it rebounded from the 0.382 Fibonacci retracement point, suggesting a potential for further gains. Moreover, a decisive break above the 50-day moving average on the 4-hour chart underscores the continuation of bullish momentum.

As a crypto investor, I’m excited about the predictions for Fartcoin. Analysts foresee it testing its all-time high of $1.60, starting as early as January 3. Should this level be surpassed, Fartcoin is expected to aim even higher, with a potential price of $2.00 – that’s an impressive 87% increase from the current price. The buzz among traders, particularly meme coin enthusiasts, is strong: they’re urging everyone to consider buying Fartcoin before Trump’s inauguration.

As a researcher delving into the intricacies of cryptocurrencies, I find myself captivated by the remarkable milestone achieved by Fartcoin – its market capitalization has soared beyond the $1 billion mark, creating quite a stir in the meme coin sector. The liquidity on decentralized exchanges such as Raydium appears to be significantly influencing its price dynamics.

The data suggests that the volatility observed in Fartcoin’s price is directly linked to fluctuations in its liquidity. Moreover, it reveals substantial inflows and outflows in the SOL/FARTCOIN pool, indicating a high level of interaction between these two assets.

According to data analysts Nansen, an influential cryptocurrency trader, often referred to as a ‘whale,’ significantly boosted their holdings of FARTCOIN by a staggering $3 million in just one day.

As a researcher, I’ve noticed that Nansen has labeled a specific blockchain wallet as ‘smart money.’ This classification could suggest that the owner of this wallet might have astutely purchased FARTCOIN at an advantageous price.

Shiba Inu (SHIB): Ready To Bounce

As an analyst, I’m keeping a close eye on Shiba Inu (SHIB), the second-largest meme coin by market capitalization. After a 33% dip from its December highs, there are signs that it might be gearing up for a significant rebound. The recent developments and technical indicators seem to be lining up in a way that suggests a potential breakout could be imminent. The attention of investors is currently focused on the token’s performance and broader market trends, as Bitcoin surpasses $100,000 and altcoins follow suit.

In simpler terms, the price of Shiba Inu (SHIB) has formed a bullish hammer pattern in its candlestick chart this week as cryptocurrencies dropped. On a daily scale, the chart shows a falling wedge, which is generally considered a bullish setup. If SHIB breaks out from this pattern, it could potentially increase by 50% to reach $0.000033 from its previous price of $0.00002236.

After recuperating, Open Interest for Shiba Inu has surged by approximately 16.57%, totaling over $389 million. Moreover, the total liquidations in the past day were reported at around $1.33 million, with $1 million of that being long position liquidations. This results in a long short ratio of 0.8783, indicating substantial bearish influence.

Despite experiencing a decline in the past, the funding ratio currently sits at 0.0083%. There was a short-term dip down to -0.0073%, which indicates that more traders are eager to maintain long positions in Shiba Inu, suggesting increased interest from them to hold onto this cryptocurrency for a potential price increase.

The introduction of the new Shiba Inu token, TREIT, on January 14 significantly strengthened its underlying value. Recipients of the early airdrop saw substantial rewards, and the token’s launch on exchanges like KuCoin and Gate.io has sparked considerable interest. On its debut, the token price skyrocketed to $0.15, demonstrating strong backing from the community.

Moreover, it’s worth noting that the Shiba Inu community is continuously destroying their tokens to decrease the total supply. The daily burn rate has surged by an impressive 300%, with 24 million SHIB being burned in just one day and a staggering 89 million within a week. This consistent reduction in the circulating supply could serve as a significant, long-term factor driving price growth.

Shibu Inu (SHIB) appears to be aligning with the overall positive trend in the crypto market, given that Bitcoin has reached a new high of $100,000. The market surge is attributed to encouraging consumer inflation data and pro-crypto stances from former President Trump.

Should Shiba Inu (SHIB) reach approximately $0.00033 from its current price point, this investment would yield a 50% return. Given its robust technicals, active community, and ongoing developments, Shiba Inu presents an appealing option for altcoin season participants. However, it’s crucial to keep an eye on support and resistance levels while trading, as they can significantly impact potential returns.

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2025-01-17 14:13