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The Bitcoin price skyrocketed over the last two days as the hype surrounding the US elections allowed it to reach a new all-time high at $76,460, beating all previous records.
Bitcoin Price Found A Strong Support
The coin’s price started pumping late on November 4, as some among the more optimistic traders started buying, likely expecting crypto prices to rally due to the election hype. While this was a very risky move, it paid off, given that Trump took the lead as soon as the figures started coming in, and he stayed ahead of Harris for the entire duration of the election.
Bitcoin further surged on November 6, finally breaching the old all-time high and climbing above $76k mark. As always, a rapid surge tends to lead to a correction before long, but even though the entire market has seen the prices go down, including BTC, the original cryptocurrency managed to stay above $74.5k.
Even now, at the time of writing, BTC is fluctuating between $74.5k and $75k, as some traders seem to be more than willing to buy now in expectation of the next big bull run, which is expected to make even this price look low in comparison. The only question now is when will the surge start, as some expect the prices to surge any day now, while others seem convinced that the increase should not be expected before 2025.
In the meantime, those who find Bitcoin to be too volatile and expensive to buy now can always turn to alternatives such as Pepe Unchained — a new meme coin, currently still in presale, that has the potential to become the next main frog in the pond.
BUY PEPU BEFORE ITS PRICE GOES UP
Pepe Unchained Could Be PEPE’s First Real Challenger
Ever since the original Pepe emerged, the crypto industry saw countless alternatives inspired by the same meme come out, attempting to challenge and overtake the original. However, with the original being the third-largest meme coin by market cap, none of the others ever came close.
This might change with Pepe Unchained — the first PEPE alternative to develop its own blockchain. PEPU has a Layer-2 Chain that allows it to outperform PEPE in terms of technology and transactional capability. It is faster, cheaper, and more scalable than the Ethereum-based Pepe.
In addition, it is also working on developing an entire ecosystem, complete with a native DEX, bridge, block explorer, and more. It will even offer grants to developers who choose to come to its network and help it grow.
JOIN THE PEPU ICO AND BUY WITH ETH, USDT, BNB, OR CARDS
All of this attracted investors’ interest, and it caused PEPU’s ICO to blow up and become the biggest meme coin ICO of this year, raising over $25.3 million as of the time of writing.
Meanwhile, the token still sells for only a cent, currently at $0.01229. The demand it saw so far is enough to encourage buyers to join in even without the next big crypto rally just about to begin. With it, PEPU’s potential grows much higher, and it could even give it enough support to challenge the original PEPE.