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  • Investors turn to Mantra (OM) and Bitcoin Pepe (BPEP) as PancakeSwap (CAKE) falters

    Investors turn to Mantra (OM) and Bitcoin Pepe (BPEP) as PancakeSwap (CAKE) falters

    Investors turn to Mantra (OM) and Bitcoin Pepe (BPEP) as PancakeSwap (CAKE) falters

    • PancakeSwap (CAKE) dips as investors eye OM and BPEP for gains.
    • Mantra (OM) has surged by 36% in the last 24 hours.
    • Bitcoin Pepe (BPEP) presale hits $2M as it aims to build a Bitcoin meme L2.

    PancakeSwap (CAKE) has flashed a bearish signal after a significant Bull Run causing investors to panic.

    As CAKE falters, investors are moving towards Mantra (OM) and the newly launched Bitcoin Pepe (BPEP) for their promising outlook.

    PancakeSwap drops after significant surge

    PancakeSwap has been a darling of the DeFi community, offering a decentralized exchange on the Binance Smart Chain. Over the past week, its native token, CAKE, has witnessed a remarkable price surge drawing the attention of many.

    However, over the past 24 hours, CAKE has experienced a 4.64% drop after a remarkable 80.21% increase over the past week.

    PancakeSwap price drops
    PancakeSwap price by TradingView

     

    This volatility, with the price now at $2.52, suggests that PancakeSwap might be facing some market resistance or profit-taking after the rally.

    The high trading volume of CAKE, close to $335 million in a day, indicates there’s still substantial interest, but the downward trend could be a sign of investors diversifying their portfolios or reevaluating their positions in CAKE amidst the broader market dynamics.

    PancakeSwap’s challenge now is to maintain its utility and attractiveness in a market where new, innovative projects are constantly emerging.

    Mantra (OM) sees a 36% surge

    Amidst the PancakeSwap price fluctuations, Mantra (OM) has captured the attention of investors with its compelling growth trajectory.

    Currently trading at $7.61, OM has shown a remarkable 36.07% increase in the last 24 hours and a 29.33% rise over the past week.

    Mantra (OM) price chart
    Mantra (OM) price chart by TradingView

     

    This performance has pushed its market cap to over $7.4 billion, highlighting strong investor confidence in the project.

    Mantra aims to create a decentralized finance (DeFi) platform tailored for institutional investors, which might explain the surge in interest. Its appeal lies in its foundation in real-world asset tokenization, aiming to bridge the gap between traditional finance and blockchain technology. This innovation not only promises to democratize investment in assets like real estate but also ensures that it’s built on a secure and scalable infrastructure.

    The significant growth in trading volume, hitting $756 million in the last 24 hours, underscores the growing confidence among investors in Mantra’s vision and execution.

    However, as with any investment, the crypto market’s volatility means that one should approach it with caution.

    Bitcoin Pepe (BPEP): the new meme coin frontier

    Besides Mantra (OM), a new memecoin dubbed Bitcoin Pepe (BPEP) also offers an intriguing investment opportunity in its ongoing presale.

    Bitcoin Pepe introduces an intriguing concept by integrating meme culture with Bitcoin’s robust security, positioning itself as the world’s only “Bitcoin Meme ICO.” Its presale, currently in stage 4 of 30, has already raised over $2 million signaling the demand among investors.

    The Bitcoin Pepe presale is structured in such a way as to incentivize early investors with the price increasing with each presale stage. The price is currently at $0.0243 and is set to increase to $0.0255 in the next stage.

    Notably, Bitcoin Pepe aims to build a Layer-2 solution on Bitcoin, promising instant transactions and ultra-low fees, an enticing proposition for those looking for efficiency in Bitcoin transactions.

    By leveraging Bitcoin’s longevity and combining it with fast transaction capabilities akin to Solana, Bitcoin Pepe is carving out a niche in the meme coin market. The project’s whitepaper and roadmap detail ambitious plans for development, including AMAs, interactive Q&As, and additional hires to support its Layer-2 build, which seems to fuel investor enthusiasm.

    While CAKE’s recent faltering might be temporary, the surge in OM and BPEP offers alternative opportunities that promise not just immediate returns but also long-term viability and utility within the crypto ecosystem.

    However, as with all investments in this volatile sector, due diligence remains crucial to navigate through the hype and understand the real potential of each project.

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  • Crypto fear and greed rises as investors turn to Vantard

    Crypto fear and greed rises as investors turn to Vantard

    Crypto investors are increasingly greedy as Bitcoin and other meme coins continue their strong bull run. The crypto fear and greed index moved to the extreme greed zone of 85, a trend that could continue in the coming weeks. 

    Bitcoin soared to over $93,000, solidifying it as the best-performing asset in the last 15 years. Similarly, Ethereum and Solana jumped to $3,200 and $215, respectively.

    Meanwhile, investors turned to Vantard, one of the fastest-growing token sales of the year, which has raised almost $1 million in the past few weeks.

    Donald Trump and the Federal Reserve

    The main reasons why the crypto fear and greed index has moved to the green zone are Donald Trump and the Fed.

    Donald Trump won last week’s election by a huge margin, making him the first crypto-friendly president in the United States. He owns crypto tokens worth over $6 million and is also raising money for the World Liberty Finance project. 

    Therefore, Trump is expected to appoint regulators who are friendly to the crypto industry, which will be a breath of fresh air for an industry that has struggled under Gary Gensler. In his reign, Gensler has sued numerous companies like Ripple Labs, Immutable X, Uniswap, and Kraken.

    The Federal Reserve has also contributed to the ongoing crypto rally. It has already slashed interest rates two times this year, and analysts expect it to continue the process. In most cases, risky assets like cryptocurrencies and stocks do well when the Fed is cutting rates.

    Vantard token sale is thriving

    The ongoing crypto bull run explains why investors are piling into Vantard, an upcoming crypto project that is raising money from investors.

    Vantard is inspired by Vanguard, a company whose assets have surged to over $8 trillion in the past few decades. Its goal is to create the first meme coin index fund that tracks the best tokens in the industry.

    This is a noble goal considering that meme coins are some of the best-performing assets this year. For example, Dogecoin has jumped by over 102% in the last seven days, while Pepe, Dogwifhat, Bonk, and Floki have soared by over 70% in the same period.

    Analysts believe that meme coins will continue powering ahead in the coming months. In a statement today, Matthew Sigel of VanEck, predicted that Bitcoin would jump to $180,000 in 2025. His case is based on technicals and fundamentals, which he believes are strong. 

    One of the top fundamentals is the ongoing Bitcoin ETF inflows. These funds now hold over $95 billion in assets, with the iShares Bitcoin ETF having over $42 billion. 

    Therefore, if these predictions are accurate, it means that other meme coins will do well. In most cases, meme coins thrive when Bitcoin is in a strong momentum. You can buy the Vantard token here.

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  • Ethena (ENA) investors turn to Oasis (ROSE) and Bitbot for potential gains

    Ethena (ENA) investors turn to Oasis (ROSE) and Bitbot for potential gains

    Ethena (ENA) investors turn to Oasis (ROSE) and Bitbot for potential gains
    • Ethena (ENA) struggles with bearish trends, eyes set on $0.65 support.
    • Oasis (ROSE) showcases bullish resilience driven by robust technology.
    • Bitbot presale investors eyes token claiming via Telegram ahead of plans DEX listing.

    Ethena (ENA), recently a darling of many crypto investors with an impressive bullish rally, is facing a prolonged bear trend, prompting investors to seek alternative opportunities in assets like Oasis (ROSE) and innovative platforms such as Bitbot.

    While Ethena declines, Oasis stand as compelling alternative for its sustained gains and Bitbot’s native token, $BITBOT, is projected to surge upon exchange listing.

    Ethena price falls as analysts point to further decline

    Market analysis of Ethena (ENA) reveals a downtrend marked by failed attempts at bullish reversals and significant price retracements.

    Despite initial optimism, the token struggled to maintain key psychological levels, notably failing to sustain the $1 mark.

    While some traders anticipate a potential bullish comeback if critical support levels around $0.65 hold firm, technical indicators, including the MACD and EMA charts, highlight ongoing bearish pressures.

    The death cross formation on the 4-hour chart underscores the substantial influence of bearish sentiment, suggesting that Ethena may face further challenges in reclaiming previous highs without significant market shifts.

    Oasis (ROSE) captures investors’ attention with its sustained rally

    In contrast to Ethena’s struggles, Oasis (ROSE) has emerged as a beacon of optimism in the cryptocurrency market.

    The native asset of Oasis Network, ROSE, has defied broader market trends with a notable uptrend characterized by a rounding bottom pattern and a golden cross of the 50-day and 200-day EMAs—a bullish signal highly regarded in technical analysis.

    Investor sentiment towards ROSE has been bolstered by its resilience amidst market volatility. The token recently saw a significant rebound from support levels around $0.080, reclaiming key thresholds like $0.10 and nearing the billion-dollar market capitalization mark.

    Analysts speculate that ROSE could potentially reach the psychological milestone of $1 within the near future, buoyed by robust technical indicators and growing investor confidence.

    The integration of privacy-focused technologies and scalable solutions within Oasis Network, including Sapphire and native rollup support, further positions ROSE as a promising contender in sectors spanning decentralized finance (DeFi), artificial intelligence (AI), and beyond.

    Bitbot investors eagerly await token claiming and exchange listing

    While Oasis (ROSE) offers an alternative investment opportunity for Ethena investors, Bitbot, the pioneering AI-powered Telegram trading bot, has garnered significant attention following the successful conclusion of its public presale, which raised over $4.3 million.

    Designed to democratize access to institutional-grade trading tools, Bitbot offers features such as real-time market data integration, non-custodial wallet capabilities, and a user-friendly interface accessible directly through Telegram.

    Following the successful presale, Bitbot investors are now eagerly anticipating the commencement of token claiming via its Telegram bot in the coming weeks. This feature will allow users to secure their tokens and participate in the platform’s ecosystem, which includes earning incentives through trading fees and token taxes.

    Looking ahead, Bitbot’s roadmap outlines ambitious plans, including listing on decentralized exchanges (DEXes), launching its native mobile app, and expanding to support multiple blockchain networks.

    These developments are set to further enhance Bitbot’s functionality and accessibility, catering to a global community of crypto enthusiasts seeking innovative trading solutions.

    Conclusion

    While Ethena (ENA) faces challenges amidst a bearish market sentiment ROSE’s impressive performance and technological advancements make it a compelling option for those seeking growth.

    On the other hand Bitbot’s upcoming developments promise to revolutionize how traders engage with digital assets.

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