With a sharp decline below $60,000 on August 30th, Bitcoin hit its lowest level since August 19th. The decline continued over a Labor Day weekend when Bitcoin fell to $57,800 on September 2nd. And while there was a fear of the massive selling, the situation quickly stabilized.
Bitcoin Enters Price Correction Phase - Increased Volatility Expected
As Bitcoin enters the correction phase, analysts expect a new bull run. If you want to prepare, invest in top meme coins Pepe Unchained, Crypto All-Stars, Shiba Shootout, and Meme Games.
Bitcoin Enters Price Correction Phase
Bitcoin Enters Price Correction Phase
These drops, however, could be just a storm before the sun. Some analysts believe the latest drop is just a sign that Bitcoin could reach new highs by the end of the year. If this comes to be, a new bull run will be underway.
To prepare for the upcoming bull run, pay attention to the top meme coins like Pepe Unchained, Crypto All-Stars, Shiba Shootout, and Meme Games.
These top meme ICOs have massive potential and the brightest price predictions, suggesting they could be the next market leaders.
Will Bitcoin grow by the end of the year?
Bitcoin's recent crash below $50,000 has slowed down its momentum. However, CryptoCon still thinks Bitcoin's bull run will happen, pushing $BTC to between $110,000 and $160,000. According to him, Bitcoin displays patterns from 2013 when it reached new highs.
Although $BTC is far from its March levels, Rekt Capital says Bitcoin is in the post-halving accumulation phase. This phase lasted for 160 days in 2020 and 150 days in 2016. Because of this, analysts expect Bitcoin to break out in September. Forbes says Bitcoin could grow to between $90,000 and $100,000 in 2024.
Bitcoin fundamentals remain strong, which is the most important thing for long-term investors. Historical data shows that every consolidation period brings a price increase and upward movement.
In other words, the latest drop could be a short storm before the upcoming September rally. Historically, September has always been a crucial month for Bitcoin. In 2023, Bitcoin entered a bull run in September and recorded massive gains by the end of the year. In October $BTC grew 26%, 36% in November, and 11% in December.
To stay ahead of the curve and prepare for the next rally, look into meme ICOs like Pepe Unchained, Crypto All-Stars, Shiba Shootout, and Meme Games. Each has massive potential and unique features that give them an advantage in the market.
Here is more about them.
Pepe Unchained: The next 100x meme coin
Pepe Unchained aims to free Pepe from the limitations of Layer 1. This new meme project uses Layer 2 to deliver unprecedented performance to investors. By focusing on Pepe, this project aims to return the old glory of the famous meme.
Because it works on Layer 2, Pepe Uchained's blockchain provides faster transactions, increased security, and lower fees. Pepe Unchained bridges with Ethereum and, because of this, provides a dedicated block explorer. However, Pepe Unchained has a higher volume capacity than Ethereum, with its speed being 100x faster. Another reason why Pepe Unchained is a worthy investment during the upcoming bull run is its staking platform. The current APY is 171%.
Analysts, like ClayBro, say $PEPU could see 100x returns after listing. If you want to buy $PEPU and earn these rewards, hurry while you can get $PEPU at a low price. The project is on presale, having so far raised over $11.8 million.
Crypto All-Stars: All the best meme coins under one roof
With Crypto All-Stars you can earn massive returns on the famous meme coins you own! Crypto All-Starshad developed the first-ever MemeVault allowing investors to stake meme coins like $DOGE, $PEPE, and $SHIBA. If you own any meme coin, you can stake them and earn additional ROI; $STARS tokens as a reward. MemeVault unifies meme coins under a sole ecosystem, bringing crypto investors together and helping them maximize their returns.
You can also stake $STARS for a current APY of 1534%. The more $STARS tokens you own, the higher your staking potential with MemeVault. Analysts forecast crypto investors could earn massive ROI from their investments in this meme coin, while price predictions say $STARS could grow 67x by 2030. Famous Youtuber, Jacob Bury says Crypto All-Stars is a new 10x meme coin.
If you want to invest in this top crypto presale, hurry before the upcoming price increase.
Shiba Shootout: The best Play-to-Earn meme presale of 2024
Shiba Shootout brings a Wild West theme to crypto with its gun-themed Play 2 Earn game. Players engage in gunfights to earn $SHIBASHOOT tokens or stake them for an APY of 878%. Further, investors can test their luck in the Lucky Lasso Lottery and earn additional prizes. Shiba Shootout mimics the Wild West town citizenry participation allowing investors to vote on the main project decisions.
CoinMarketCap says Shiba Shootout is the next meme coin to explode. ClayBro claims Shiba Shootout offers up to $2 million in additional prizes, making it a standout Shiba Inu alternative. With over $1 million raised in its presale, now is the right time to buy $SHIBASHOOT. Shiba Shootout will enter the next presale stage soon and increase its price.
Meme Games: The best sports meme coin of the year
Meme Games celebrates the legacy of the Olympic Games and gives players a chance to feel the thrill of sports competing. Investors can light up their torch and compete in the various games to earn a 25% bonus. In the game, players pick between Dogecoin, Pepe, Dogwifhat, Brett, and Turbo as their meme competitors. If their chosen character doesn't win, players can test their luck again with different characters. Further, investors can also stake their coins for a 469% APY.
This top meme coin has raised over $400k in its presale. According to analysts, Meme Games holds enormous growth potential. Jacob Bury suggests this could be the next 100x meme coin. The Meme Games presale will end soon, so if you want to buy $MGMES, hurry before it's too late. The presale end matched the end of the Paralympic Games. Once the presale ends. Meme Games is set to hit the first exchanges on September 10th at 10 am UTC.
To conclude
Although Bitcoin faced serious dips recently, historical data suggests bright times are ahead for the largest crypto. And this means only one thing: we can expect another bull run!
To better prepare, you can invest in crypto ICOs like Pepe Unchained, Crypto All-Stars, Shiba Shootout, and Meme Games. These new meme projects show massive potential and investors think they are new stars under the sky. Each project has unique features and one thing in common - they all offer massive ROI. So, if you invest in them, you will also get a long-term source of passive income.
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