{"id":84755,"date":"2023-11-15T06:14:21","date_gmt":"2023-11-15T11:14:21","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/crypto\/as-pepefi-skyrockets-35x-in-24-hours-this-overlooked-bitcoin-project-has-secured-600000-next-big-thing\/"},"modified":"2023-11-15T06:14:23","modified_gmt":"2023-11-15T11:14:23","slug":"as-pepefi-skyrockets-35x-in-24-hours-this-overlooked-bitcoin-project-has-secured-600000-next-big-thing","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=84755","title":{"rendered":"As PEPEFI Skyrockets 35x in 24 Hours, This Overlooked Bitcoin Project Has Secured $600,000 \u2013 Next Big Thing?"},"content":{"rendered":"
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An unlikely new meme coin, PEPEFI, has undertaken a strange 35x price move over the past 24-hours, leaving cautiously bullish traders baffled, while in other news, market interest in a new Bitcoin ETF event token is skyrocketing \u2013 could it be the next big thing?<\/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\u00a0APX,\u00a0SAMBO Bot,\u00a0Baby Meme,\u00a0MILK,\u00a0XDOGE\u00a0and\u00a0IO.<\/p>\n

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Top 4 Daily Gainers & Hot Pair by @DEXToolsApp<\/a> \ud83c\udf4c
11.12.2023$PEPEFI<\/a> $ETF<\/a> $MEME<\/a> $STABLZ<\/a> $GROK<\/a> $OTSEA<\/a> $HAY<\/a> $ETF<\/a> pic.twitter.com\/12RWNZCNiR<\/a><\/p>\n

\u2014 @insidereca \ud83c\udf4c (@insidereca) November 12, 2023<\/a><\/p>\n<\/blockquote>\n

Now in the latest skyrocket, a mysterious Pepecoin spin-off token is accelerating up the charts, but with traders completely perplexed with PEPEFI\u2019s bizarre price action, lets take a closer look.<\/p>\n

PEPEFI Price Analysis: As PEPEFI Develops Bullish Form \u2013 Will This Mysterious Meme Coin Pump or Dump?<\/strong><\/h2>\n

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As price pushes out of consolidation, PEPEFI is currently trading at a market price of $0.001526 (representing a 24-hour change of +435,891%).<\/p>\n

This spectacular move comes following a dramatic 24-hours of price action for this unlikely meme coin, which has grown almost overnight to an impressive $3.97m market cap.<\/p>\n

Fuelled by accumulation by more than 351 holders, PEPEFI was launched at just 12:00 on November 11, and while initial traction was slow with limited interest in this stealth launched coin, at 04:00 on November 12 PEPEFI exploded.<\/p>\n

Shooting up across 8-hours on November 12, PEPEFI price increased a jaw-dropping +440,000% in a quick-fire rally that saw PEPEFI hit an all-time high at $0.00585.<\/p>\n

However, this was quickly met with a resounding dump by market open on Monday 13, with PEPEFI suddenly tumbling -99% in a catastrophic two-hour sell-off.<\/p>\n

Yet, miraculously despite the aggressive pump and dump move, an influx of $135k in trading volume over the past 24-hours has triggered an admirable price rally, as traders sense profits on the table.<\/p>\n

The move has so far established a healthy trading channel with support levels at $0.001194 and $0.0015, leaving this secondary PEPEFI rally with good technical structure \u2013 in a post-dump move that appears to be fuelled by genuine retail interest.<\/p>\n

Better still, the steady upside move appears to have created a pan and handle pattern on the chart, suggesting bullish posturing as price continues to climb, supported by 84% buy pressure in transactions over the past 24-hours.<\/p>\n

A break above the current $0.001580 resistance level would see PEPEFI targeting an upside move to $0.004225 (a possible +177% push).<\/p>\n

While downside risk from here could see PEPEFI fall back to lower support at $0.001415 (a potential -20.7% tumble).<\/p>\n

This leaves PEPEFI with a risk: reward ratio of 8.55, a potentially brilliant entry for a high risk appetite trader, but certainly not a trade for the faint hearted.<\/p>\n

Yet, for retail investors with lower risk tolerance, an equally lucrative and safer play emerges with a new presale for a Bitcoin ETF event token.<\/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 $0.0052 in funding round stage 1 with an alluring $667,823 raised in the opening weekend of 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 PEPEFI 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

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  • Milestone 1 \u2013\u00a0$BTCETF Trading Volume hits $100m<\/strong>\u00a0\u2013 burn tax on transactions reduced from\u00a05% to 4%<\/strong>, and 5% of total supply is burned.<\/li>\n
  • Milestone 2 \u2013\u00a0First Bitcoin ETF is approved by SEC<\/strong>\u00a0\u2013 burn tax on transactions is reduced from\u00a04% to 3%<\/strong>, and a further 5% of total supply is burned.<\/li>\n
  • Milestone 3-\u00a0First Bitcoin ETF launch date<\/strong>\u00a0\u2013 burn tax on transactions is reduced from\u00a03% to 2%<\/strong>, and a further 5% of total supply is burned.<\/li>\n
  • Milestone 4 \u2013\u00a0Bitcoin ETF assets under management (AUM) hits $1bn<\/strong>\u00a0\u2013 burn tax on transactions is reduced from\u00a02% to 1%<\/strong>, and a further 5% of total supply is burned.<\/li>\n
  • Milestone 5 \u2013\u00a0Bitcoin price hits $100k<\/strong>\u00a0\u2013 burn tax on transactions is reduced from\u00a01% to 0%<\/strong>, and a further 5% of total supply is burned.<\/li>\n<\/ul>\n

    This will create a gradual decrease in total supply, eventually leaving around 70% of BTCETF in circulation, with the supply side reduction inducing upside price growth.<\/p>\n

    And that is without considering the potential for token value accrual driven by demand from traders for access to the ETF news dApp and the ever-present demand for Bitcoin alternatives.<\/p>\n

    Indeed, 2023 has seen explosive growth in Bitcoin related tokens \u2013 with markets showing a real appetite for\u00a0BRC-20 ordinal tokens,\u00a0Bitcoin Cloud Mining, and\u00a0Bitcoin derivatives.<\/p>\n

    So don\u2019t miss your chance to get in early ahead of the next major Bitcoin rally leg.<\/p>\n

    Buy Bitcoin ETF Here<\/p>\n

    Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.<\/sup><\/i><\/p>\n

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