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🐸🔥Will Pepe Coin (PEPE) Rise Before Bitcoin Halving? As the Bitcoin halving, which is expected to take place on April 20, 2024, approaches, there is an excitement of expectation and speculation in the cryptocurrency market. This event takes place every four years with the aim of reducing the creation and supply of new coins on the market. Historically, the halving has been associated with high Bitcoin increases that have overflowed into some altcoins. In the midst of all this, #pepe Coin (PEPE), a popular Solana meme coin, is emerging as the focal point of potential Sunday gains. PEPE has had a difficult month amid the downturn in the market, but showed signs of a comeback last week. Despite the price fluctuations, is the frog-themed meme coin ready for a price rise ahead of the Bitcoin rise? The Potential Increase of Pepe Coin Crypto analyst Ali Martinez predicts a promising future for Pepe Coin. His forecast suggests that PEPE could experience a significant rise of 54% if he manages to cross a significant price threshold. In particular, Martinez points to the December Decile between $0.00000793 and $0.00000664 as the critical region. If the daily close of Pepe Coin violates this December, this could be a signal of an important bullish trend. If PEPE successfully closes above $ 0.00000793, Martinez believes that the cryptocurrency can reach an all-time high of $ 0.0000122. Currently, ATH is located at the level of $ 0.00001074, which was reached on March 14, 2024. This potential increase presents an attractive opportunity for investors who have been closely following PEPE's performance. #Memecoins #binance #bitcoinhalving
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🔥💥Dogecoin: DOGE Price Prediction During Bitcoin Halving The original meme coin cryptocurrency Dogecoin is currently trading at $0.1918, down 0.2 from the $level. In the last 30 days, #DOGE has experienced a rise of close to 13%. #Dogecoin has outperformed Bitcoin, Ethereum and Solana in its rally, providing investors with double-digit profits in a month. Now, the price of Dogecoin is expected to rise even more as the most anticipated Bitcoin halving event approaches. In this article, we will highlight how high DOGE can trade on the charts during the Bitcoin halving event. The event is scheduled to take place on April 21, 2024 and is the most exciting development that has taken place in the cryptocurrency market this year. For those who do not know about the topic, the Bitcoin halving event reduces the supply of BTC by half, making the cryptocurrency almost never available on the market. Dogecoin: Bitcoin Halving Price Forecast For DOGE Since the demand for Bitcoin is high and the supply is less, the price of BTC is expected to increase on the charts. On the other hand, since Dogecoin is moving in parallel with BTC, its price is also expected to increase. CoinCodex, a leading on-chain measurement and price prediction firm, has estimated the price of DOGE. The price forecast predicts that the DOGE could reach $0.194, an increase of just 1% from its current price. The price forecast predicts that Dogecoin will be quietly traded in the days approaching the Bitcoin halving. However, general market conditions may reverse this forecast. If Bitcoin exceeds the $ 73,000 level and reaches all-time highs, the value of Dogecoin can definitely increase. In addition, the price may increase unpredictably if Musk makes any announcements related to the DOGE. #BTC #Memecoins
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🔥💥This Bitcoin Halving will be different from previous ones: Here's why There is now very little time left for the halving of the Bitcoin block reward. Why will the upcoming halving be different from the previous ones? We have summarized some of the reasons that make this halving unique. The Bitcoin block reward halving, which occurs every four years, is now only 8 days away. Current data shows that halving will take place on April 20. The fourth half of Bitcoin has differences in many ways. the halving in 2012, 2016 and 2020 did not have such different dynamics. What makes the fourth halving unique? First of all, the #Bitcoin price broke a record for the first time in its history before a halving. This has never happened in the past. Usually, the price record comes months after halving, but this time it was seen 1.5 months earlier. Antoni Trenchev, co-founder of the cryptocurrency exchange Nexo, commented on the issue, “What makes this halving unique is that Bitcoin has already exceeded the highest level of the last cycle. This situation, which has never happened before, makes it much more difficult to predict the length and severity of the cycle.” he says. Another reason why the upcoming halving is not like the previous ones is that professional investors have entered the market. From BlackRock to Fidelity, JPMorgan to Goldman Sachs, major Wall Street institutions, family offices, asset management companies and pension funds have begun to incorporate Bitcoin into their portfolios and services. Some of these institutions are also doing the marketing of the upcoming halving these days. The existence of ETFs also makes this halving absolutely different from the others. Since the launch of Bitcoin ETFs on January 11, there has been a net inflow of $12.6 billion to date. This figure, which corresponds to 180 thousand BTC, is more than twice the amount of #BTC produced in the same period. #bitcoinhalving #binance
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