{"id":83528,"date":"2023-11-12T00:35:32","date_gmt":"2023-11-12T05:35:32","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/crypto\/as-pepe2-dumps-after-1000-move-but-this-audited-bitcoin-project-has-secured-200000-in-funding-100x-potential\/"},"modified":"2023-11-12T00:35:35","modified_gmt":"2023-11-12T05:35:35","slug":"as-pepe2-dumps-after-1000-move-but-this-audited-bitcoin-project-has-secured-200000-in-funding-100x-potential","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=83528","title":{"rendered":"As PEPE2 Dumps After 1,000% Move, But This Audited Bitcoin Project Has Secured $200,000 in Funding \u2013 100x Potential?"},"content":{"rendered":"
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As copycat tokens rise on DEX markets, the latest spin-off PEPE2 token has undertaken a +1,000% move, yet, amid the surge a breakout, warning signs reveal a potential scam, while safer Bitcoin project is capturing the attention of traders.<\/p>\n

Recent months have seen a huge trend in explosive DEX-launched tokens, with countless moon-shots garnering significant attention, including the ever-popular APX,\u00a0SAMBO Bot,\u00a0Baby Meme, MILK,\u00a0XDOGE\u00a0and\u00a0IO.<\/p>\n

The new project has seen more than 548 holders flock to take position in the emerging moon-shot, although Bubble maps highlights that there is a major cluster of wallet addresses, connected by PEPE2 transfers that accounts for over 37% of token supply \u2013 heightening the risk of a dump \u2013 in a major warning sign.<\/p>\n

PEPE2 Price Analysis: As PEPE2 Spikes Up +1,000%, Was a Dump Inevitable?<\/strong><\/h2>\n

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As PEPE2 price capitulates in a seismic dump, this PEPE2 spin-off is currently trading at a market price of $0.002144 (representing a 24-hour change of -56%).<\/p>\n

The dramatic downside move came following a breakout +1,000% really, which saw price leap up +615% in the first three hours of trading, following a stealth launch at midnight on November 10.<\/p>\n

A brief support level was established at $0.003596 across the early hours, setting the stage for an explosion in price action this morning.<\/p>\n

Across three hours, price hammered up +202% out of consolidation, hitting an all-time high at $0.01085 around 8AM this morning (November 10).<\/p>\n

Price struggled to establish support at these levels, amid declining buy pressure, and this set the stage for the tremendous dump, with price tumbling 97.56% in just one hour.<\/p>\n

The dump appears to have been triggered by the highlighted cluster above, with the second-biggest address 0x75135b5484246d32a7f721aecbd71c4dfd39f6b7 initiating proceedings as it dumped 4.2% of total supply.<\/p>\n

This was quickly followed with subsequent sells by connected 8th biggest addresses 0xb66F98Da7B41E5BcE8A45B18a79C5A5FccAD3325 (dumping 2.65% of supply), and 3rd biggest address 0xc9d2113E70f121e50FF8CcA24C3ac0A3Eab254Fb (dumping 3% of supply), and a 4th address 0x017F4BB2a60C26CFADf9D52827729626B7cb791E.<\/p>\n

With all of these addresses connected in the same localised cluster, this appears to be a coordinated move, perhaps by just one major whale \u2013 initiating a devastating rug pull on fellow holders, with around 10% of supply sold in the space of 4 minutes (netting the dumper around $83,750 in ETH).<\/p>\n

The dump move, was signalled by the emergence of the substantial supply cluster, a classic warning sign for rug pull activity \u2013 with further warning signs emerging across 3 audits, which confirmed this PEPE2 spin-off as a honeypot.<\/p>\n

But while PEPE2 holders are reeling from the stolen gains, a fully audited and security vetted Bitcoin ETF presale is emerging as a traders favourite heading into the weekend.<\/p>\n

This Bitcoin Alternative Token Could Skyrocket Amid Bitcoin ETF Bullrun \u2013 Don\u2019t Miss Out<\/strong><\/h2>\n

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A new Bitcoin alternative presale launched this week, offering eagle-eyed traders the opportunity to make it big on unfolding Bitcoin ETF rumors, without having to eat the $36,000 cost of becoming a wholecoiner.<\/p>\n

Bitcoin ETF Token ($BTCETF) is currently trading at a market price of $0.005 in funding round stage 1 with an alluring $237,045 raised in the opening day of the presale.<\/p>\n

Designed and built with skyrocket potential in mind, this promising token aims to bank big on market excitement surrounding the ongoing applications for Bitcoin spot ETFs.<\/p>\n

Aiming for a hard-cap of $5m in presale funding, the early-stage of this emerging project\u2019s presale offers investors a unique opportunity to get in during this early entry point, which could set the stage for life-changing gains.<\/p>\n

Ride the ETF Rally with Ease: Bitcoin ETF Token is a Critical Component in Every BTC Trader\u2019s Toolbox<\/strong><\/h2>\n

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Indeed, Bitcoin ETF isn\u2019t simply a useless meme coin, beyond taking aim at the biggest narrative in crypto \u2013 BTCETF has a major utility: Bitcoin ETF news alerts.<\/p>\n

The token\u2019s dApp offers traders a live-feed of the latest Bitcoin spot ETF information and news, with sophisticated technology tracking applications real-time at the SEC, and high-speed bots monitoring social media for the latest breaking ETF news.<\/p>\n

But a simple feed of Bitcoin spot ETF news only highlights a fraction of Bitcoin ETF token\u2019s potential, with easy-access to real-time update alerts offering sharp traders the opportunity to make market-beating returns stress-free; being amongst the first to hear about privileged Bitcoin Spot ETF news.<\/p>\n

This could enable traders to position themselves appropriately in seismic Bitcoin market movements, making Bitcoin ETF token a critical component in every BTC trader\u2019s tool-box this Winter.<\/p>\n

Surging Interest in Bitcoin Alternatives Leaves $BTCETF Poised to Outperform PEPE2 Token<\/strong><\/h2>\n

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Project tokenomics are bolstered by ambitious plans for the incorporation of staking rewards that incentivise long-term holding, alongside a burn mechanism, which will enhance $BTCETF as a \u2018digital gold\u2019 alternative, by creating a deflationary mechanism in price.<\/p>\n

Set for stage 3 of the\u00a0Bitcoin ETF project roadmap, an initial burn mechanism will be introduced amid a well-marketed DEX launch, imposing an initial 5% burn tax on transactions \u2013 this will be reduced by -1% each time a Bitcoin ETF news milestone is reached.<\/p>\n

However, plans are afoot for a larger burn mechanism in stage 4, in a move that will see 25% of token supply burned overtime, this will be conducted in 5% burn intervals \u2013 with each supply-side reduction taking place as a Bitcoin ETF news milestone is met.<\/p>\n

The milestones for the burn mechanism are as follows:<\/p>\n