Bitcoin Retesting Key Resistance Level Of $62K - Is Another Price Surge Incoming This Month?

Bitcoin Retesting Key Resistance Level Of $62K - Is Another Price Surge Incoming This Month?
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The market is showing steady signs of recovery from the initial shockwave that the big crash sent among the cryptocurrencies.

After 10 days, it seems that the “Black Monday” event has now turned into a minor setback as  all coins are trading massively in green currently.

Bitcoin is showing a positive trading trend. Its price was 2.4% better on the same day last week.

This has led to many speculations about whether it will have enough power to pass $62k. If that happens, it will most likely cause a domino effect on the whole crypto market and spark some serious price increases.

That’s why it’s no surprise that analysts are suggesting getting ahold of these coins – Pepe Unchained ($PEPU), Crypto All-Stars ($STARS), Base Dawgz ($DAWGZ), PlayDoge ($PLAY), The Meme Games ($MGMES) and Shiba Shootout ($SHIBASHOOT).

US Government Moves 10,000 BTC To an Unknown Address Sparking Surging Potential – These New Presales Are the Best Options For the Following Bull Run

The US Government, under the Biden administration, plans to inject nearly $1 trillion into various markets before the end of 2024. This is in an effort to keep the economy stable, which will help Kamala Harris win the elections.

Bitcoin Chart

If they manage to do so, it will propel Bitcoin’s price massively, with some predictions that it could quickly get to $100k. These events have had massive impacts on BTC in the past; therefore, this claim can happen.

On the other hand, they are transferring 10,000 Bitcoins, roughly worth $593 million, and experts are wondering whether this will slow Bitcoin's current momentum.

Even though the USA is the largest Bitcoin geopolitical holder in the world, this is the second time in one month that they have transferred large amounts of this coin, leading investors to believe that the price will stop rising and fall short of $62k.

Either way, leading industry sources are saying that it’s best to get Pepe Unchained ($PEPU), Crypto All-Stars ($STARS), Base Dawgz ($DAWGZ), PlayDoge ($PLAY), The Meme Games ($MGMES) and Shiba Shootout ($SHIBASHOOT) due to its massive potential and resilience levels.

Let’s check out the details below.

Pepe Unchained ($PEPU) Takes Off The Chains Of Ethereum With Its New Blockchain

Pepe Unchained ($PEPU) has quickly become a standout in the crypto market, attracting significant attention during its presale phase.

Pepe Unchained

What’s remarkable is how rapidly the presale has gained traction, with funds being raised at an accelerating pace, surpassing its launch momentum.

One of the main factors contributing to this growing excitement is the innovative technology behind Pepe Unchained, particularly the development of its blockchain, known as "Pepe Chain." Unlike Ethereum, which often faces challenges such as network congestion and high transaction fees during peak times, Pepe Chain offers a solution with enhanced scalability.

This advanced technology is the driving force behind the presale's success. At the time of writing, the presale had already raised over $8.8 million, showcasing the strong investor confidence and anticipation surrounding Pepe Unchained’s future in the crypto market.

Crypto All-Stars ($STARS) Takes the Throne Of First Meme Coin That Unified Staking

Crypto All-Stars ($STARS) is the latest entrant in the crypto market, bringing creative improvements.

Crypto All-Stars

This is the world’s first project with the power of unified staking. This means you can combine multiple blockchains, attracting various investors.

This is enabled through The MemeVault system, where users who vault their memes will get $STARS tokens as a reward. This staking protocol allows various token holders to stake their meme coins and come under one roof through this native token.

The ICO Launch has already significantly impacted, not being 4 days out. It has managed to accumulate nearly $400k in this record time.

You can get $STARS for the low price of $0.0013855, but be fast, as the phase structured presale will change that very soon.

Base Dawgz ($DAWGZ) Combines Multi-chain Technology and Share2Earn feature To Gain High Grounds From Other Projects

Base Dawgz ($DAWGZ) is the newest entrant in the cryptocurrency space, utilizing advanced technology to strengthen its market position. While it primarily operates on the Base blockchain, the project also integrates multi-chain technology, making it compatible with Ethereum, Solana, Binance Smart Chain, and Avalanche.

A key feature that sets Base Dawgz apart is its innovative "Share-to-Earn" model. According to the project’s whitepaper, users can earn points by creating and sharing content about Base Dawgz on social media platforms. Once the presale ends, these points can be exchanged for $DAWGZ tokens, providing a tangible reward for community engagement.

The presale has already proven to be a significant success, raising more than $2.9 million, with expectations of continued growth as the presale progresses.

PlayDoge ($PLAY) Plans on Taking Over the Play2Earn Market Once Its Mobile Game Releases

PlayDoge ($PLAY) is tapping into nostalgia by reviving the classic 90s Tamagotchi Pets game with a modern twist. The upcoming mobile game, set for release after the presale, allows players to care for a virtual pet, much like the beloved original.

Players earn $PLAY tokens by regularly feeding, playing with, and completing mini-games with their virtual companions, blending nostalgia with a rewarding play-to-earn experience. There is also a leaderboard system in the game where players with the most experience points (XP) get to climb the leaderboards to win more $PLAY tokens.

This familiar yet updated concept has generated significant excitement, as evidenced by the presale's success, which has raised over $6 million. You can get $PLAY tokens for a low price of $0.00529 per coin.

The Meme Games ($MGMES) Take On The Olympics Theme With Its Brand New Token

The Meme Games ($MGMES) is already named the “Official” meme coin for the 2024 Summer Olympics. Its presale will end the same day as the Paralympics conclude.

The presale provides an entertaining and captivating experience for everyone who takes part. Once you buy your tokens, you can choose from five iconic meme characters: Dogecoin, Pepe, Dogwifhat, Brett, or Turbo.

These characters then compete in a 169-meter sprint. If your selected avatar finishes in first place, you will earn a 25% presale token multiplier, making victory a highly profitable opportunity for all investors.

This approach has helped them secure $365k in fundraising.

Shiba Shootout ($SHIBASHOOT) Combines Cowboys and Crypto For This New Token

Shiba Shootout ($SHIBASHOOT) is a fresh meme coin capitalized on the popularity of the Shiba Inu character. This new token has already made nearly $1 million in the ongoing presale phase, and it isn’t showing any signs of stopping.

This is due to its innovative staking mechanism called “Cactus Staking”. This incorporates a visual representation of the growth of your stake through a cactus. The more coins you gain, the cactus will grow bigger.

Additionally, each user has a chance to affect the project's future through “Token Governance Roundups,” where they replicate the Wild West town element in which everybody has a say.

Conclusion

Bitcoin’s potential spike in value has sparked investors' interest in this blockchain. Its resilience through the crisis only proved why it is the largest coin on the crypto market.

This trading pattern has encouraged investors to put their money into it and wait for the enormous returns it will bring.

However, experts believe that if you’re looking for gains in the 100x range, then it’s better to invest in Pepe Unchained ($PEPU), Crypto All-Stars ($STARS), Base Dawgz ($DAWGZ), PlayDoge ($PLAY), The Meme Games ($MGMES) and Shiba Shootout ($SHIBASHOOT).

They are all currently in the presale phase and hold immense potential.

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