Tag: making

  • Best crypto to buy now as analyst sees BTC making a strong comeback

    Best crypto to buy now as analyst sees BTC making a strong comeback

    Bitcoin Price Plummets

    • The Bitcoin Pepe presale has remained resilient, continuing to attract strong investor interest.
    • The project has raised over $15.3 million during its ongoing presale.
    • The BPEP token is currently priced at $0.0416.

    Bitcoin (BTC) dropped to a six-week low late Sunday, briefly falling below $98,500 after a US airstrike on Iranian nuclear facilities over the weekend intensified geopolitical tensions.

    Risk assets broadly came under pressure as markets reacted to the escalation.

    The sub-$100,000 level, however, proved short-lived.

    BTC rebounded during early Monday trading in Asia, recovering to around $101,841 at the time of writing.

    Bitcoin now hovers near the psychologically significant $100,000 threshold.

    A decisive close below that level could open the door to further downside, with the next target near Sunday’s intraday low of $98,200.

    Ethereum (ETH), Ripple (XRP), and other major altcoins extended last week’s losses, reflecting continued risk aversion across digital assets.

    In this volatile backdrop, investor interest in early-stage projects has not abated.

    Bitcoin Pepe, a meme-centric Layer 2 project, continues to draw strong presale inflows despite the broader market uncertainty.

    Arthur Hayes says BTC can bounce back

    Bitcoin prices fell below the $100,000 mark for the first time since early May, but BitMEX co-founder Arthur Hayes believes the dip is temporary.

    “The weakness shall pass,” Hayes posted on X, adding that Bitcoin will soon “leave no doubt as to its safe haven status.”

    He attributed the eventual rebound to continued central bank money printing, which he says will support Bitcoin’s long-term bullish trajectory.

    Bitcoin has been in a five-week consolidation phase, facing repeated resistance near the $110,000 level.

    The top cryptocurrency has failed three times to break higher, as short-term macroeconomic shocks — ranging from renewed tariff concerns in May to the ongoing Israel–Iran conflict — have weighed on sentiment.

    At the time of writing, most altcoins were in the red. Total market capitalization fell 0.8% to $3.12 trillion, according to CoinGecko data.

    Bitcoin Pepe’s strong show

    The crypto market has seen heightened volatility in recent months, characterised by sharp rallies, steep pullbacks, and shifting investor sentiment.

    Against this backdrop, the Bitcoin Pepe presale has remained resilient, continuing to attract steady capital inflows.

    The sustained interest suggests the project may be positioned to weather current market conditions, especially as Bitcoin is seen making a strong comeback.

    As the first meme-centric Layer 2 built on the Bitcoin network, Bitcoin Pepe seeks to redefine meme tokens by combining the security of Bitcoin’s base layer with scalability features typically associated with networks like Solana.

    This blend of technical infrastructure and cultural relevance differentiates it from other meme tokens that often lack functional utility.

    The development team has also released infrastructure visuals to improve transparency and build investor confidence.

    To support its Layer 2 ecosystem, Bitcoin Pepe has formed strategic partnerships with Super Meme, Catamoto, and Plena Finance.

    The project’s presale has raised over $15.3 million so far, with BPEP tokens priced at $0.0416.

    Listings on MEXC and BitMart are expected to enhance liquidity and visibility.

    Another major listing announcement is scheduled on June 30, adding further momentum as the presale approaches its close.



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  • Tron token making slow but sure gains amid plan to empower “elite” startups

    Tron token making slow but sure gains amid plan to empower “elite” startups

    • Tron token rose by 1.72% on Wednesday.

    • TRX gains come amid news that Tron was supporting startup blockchains.

    • TRX could continue to surge up to a descending trendline.

    Tron (TRX/USD) is emerging from the ruins of a bearish breakout that sent the token spiralling to $0.045. The cryptocurrency recorded intraday gains of 1.72% and traded at $0.055. The token has printed a short-term bullish trendline that could now interest buyers. 

    The slight recoveries in TRX come even as the Tron DAO continues to power startup blockchains. According to the latest announcement, Tron DAO Ventures, or TDV, will support elite startups. TDV will support projects within the Tron ecosystem and beyond. Tron says this is part of the DAO’s objective to grow decentralisation. TDV will also support outstanding projects that synergistically bridge with the Tron ecosystem.

    The latest cryptocurrency news is positive for TRX, looking at the intraday price recovery. It is, nonetheless, less important in the long-term recovery of the cryptocurrency unless we escape the bear market. In the technical analysis below, we show potential levels to watch.

    TRX price outlook and analysis

    TRX/USD Chart by TradingView

    A clear breakout of TRX happened at $0.06, and the price crashed to $0.045. The recent recoveries have, however, been encouraging. Bulls would aim for a higher price, although this is likely at the descending trendline.

    The MACD indicator is also giving some hope. The indicator is crossing from the bear zone and currently lies at the neutral level. This is the clearest bullish signal, but we need to confirm it by the price movement. That’s especially because the momentum is not very strong from the indicator.

    What to do with TRX?

    Although we are still in a bear market, TRX buyers can aim for a price that coincides with the descending trendline. Still, buyers should watch over price as the bullish strength is still mild. 

    If bears counter the upside, TRX price could crash back to the $0.045 support zone. The level around $0.052 could also offer support on the downside. 

    Where to buy TRX

    eToro

    eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.


    Buy TRX with eToro today

    Binance

    Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600.

    Binance is also known for having low trading fees and a multiple of trading options that its users can benefit from, such as; peer-to-peer trading, margin trading and spot trading.


    Buy TRX with Binance today

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