Bitcoin is approaching a new high of $100,000, indicating a bigger upward trend in December. What are the must-buy coins?

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The cryptocurrency market continues to demonstrate its extraordinary growth potential, and the recent performance of Bitcoin (BTC) and the emerging meme coin Pepe Unchained ($PEPU) has once again attracted high market attention. The convergence of these two hot spots not only reflects the bullish trend in the cryptocurrency market, but also provides new opportunities and challenges for investors.

With Bitcoin's price breaking through and approaching a new high of $100,000, market sentiment is at an unprecedented high. Benefiting from the expected support for cryptocurrency policies from the new U.S. President Trump, Bitcoin's recent performance has been particularly strong. Market analysts generally believe that the Trump team's open support for Bitcoin may incorporate it as an important component of the national economic strategy, which undoubtedly adds more upward momentum to Bitcoin's future.

Technical analysis shows that after breaking through the seven-day consolidation range, the upward trend of Bitcoin has been further confirmed. The current resistance level of $95,000 is seen as the last barrier to the psychological level of $100,000. Once Bitcoin's price successfully breaks through this level, a new round of market frenzy will begin. Although the Relative Strength Index (RSI) has reached 77, indicating an overbought signal, the bulls still dominate the market, and the risk of a short-term correction is seen as a new opportunity after the adjustment.

It is worth noting that the market performance in November is considered the strongest in Bitcoin's history. As the market's expectations for a more friendly environment for cryptocurrencies continue to rise, Bitcoin is expected to maintain this upward trend. Analysts predict that after breaking through $100,000, Bitcoin's market demand may further expand, attracting more institutional investors to enter this field.

Record-breaking Pre-sale Performance of Pepe Unchained Meme Coin

As one of the most anticipated meme coins in the fourth quarter, Pepe Unchained ($PEPU) has already raised over $43 million in its pre-sale, becoming a hot topic in the market. Since the launch of the pre-sale on November 13, the daily fundraising speed of $PEPU has exceeded $1 million. Analysts predict that its price may surge significantly after listing.

Unlike traditional meme coins, Pepe Unchained is not only a token project, but also an innovative ecosystem. Its core function, the Pepe Pump Pad, provides an efficient and convenient solution for meme coin issuance, significantly reducing transaction costs. In addition, $PEPU also plans to launch an independent blockchain, a decentralized exchange (DEX), and cross-chain asset bridges, providing investors with diversified options.

Pepe Unchained has attracted a large number of retail investors and community support, with its fan base growing rapidly on X (formerly Twitter) and Telegram. Analysts believe that $PEPU may be listed on top exchanges such as Binance and Coinbase in the future, which will further enhance its market recognition.

Currently, $PEPU is being sold at $0.01295 per token. Missing the pre-sale may mean missing out on potential high returns. With the continuous expansion of the community and positive market feedback, $PEPU is expected to become the next dark horse in the meme coin field.

Current Status and Challenges of the Meme Coin Market

According to CoinGecko data, the total market capitalization of the meme coin market has exceeded $120 billion. Meme coins based on Solana, such as Bonk ($BONK), Peanut the Squirrel ($PNUT), and Goatseus Maximus ($GOAT), have performed impressively, attracting a large number of investors. Among them, the daily trading volume of $BONK has exceeded $1.9 billion.

Although the meme coin market is full of opportunities, its high volatility and lack of real-world application scenarios also pose potential risks to investors. Particularly when the speculative fever subsides, some meme coins may face drastic price fluctuations.

Pepe Unchained, through its innovative technology and ecosystem, is trying to carve out a place for itself in the meme coin market. However, for investors, the key is to carefully assess the risks and develop appropriate investment strategies.

Visit Pepe Unchained

Conclusion

The historic new high of Bitcoin and the innovative potential of Pepe Unchained demonstrate the limitless possibilities of the cryptocurrency market. For investors, seizing the current market opportunities and actively positioning in promising projects are key to achieving high returns. In this process, Bitcoin and Pepe Unchained are undoubtedly two highlights worth paying attention to.

And the launch of the "Upcoming Token" feature by Best Wallet makes it convenient to participate in new project pre-sales, enhancing investment opportunities and user experience. Through the "Upcoming Token" feature, users can directly participate in the pre-sale within the Best Wallet app. If you want to check the tokens you have purchased, just import the purchase wallet into Best Wallet, and you can view the current value of the tokens!

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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