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Cryptocurrency News Articles
The Crypto Fear Index Is Rising As The Dollar Rebounds – Investors Turn These Presales With the Biggest Potential
Oct 12, 2024 at 02:59 am
Right now, the strengthening U.S. dollar is having a noticeable effect on cryptocurrency values, especially Bitcoin and other risk assets.
As the crypto market experiences a frenzy due to the recent developments with the US dollar and rising tensions in the Middle East, several promising presales are emerging as a safe haven for investors.
Despite the market showing stagnant trading this past week, with Bitcoin trading roughly at $60k, a mere 0.5% drop in price, there are speculations that this will negatively affect the market in the future.
However, leading industry experts say there are still profits to be made in this period, especially with the new Pepe Unchained ($PEPU), Crypto All-Stars ($STARS), Flockerz ($FLOCK), and Memebet Token ($MEMEBET).
Let’s check out the details.
The Crypto Fear Index Is Rising As The Dollar Rebounds – Investors Turn These Presales With the Biggest Potential
Right now, the strengthening U.S. dollar is having a noticeable effect on cryptocurrency values, especially Bitcoin and other risk assets.
As the dollar gains strength, investors tend to move their capital into safer, more stable assets like the dollar itself, which pulls liquidity and demand out of the crypto market.
This shift usually leads to a drop in crypto prices, and we’ve seen Bitcoin struggling to maintain its upward momentum.
This is best reflected in the cryptocurrency fear and sentiment index, which has seen a notable shift compared to last week.
Investors are keeping a close eye on global events, and as traditional currencies gain strength, it’s no surprise that they’re becoming more cautious about funneling their money into crypto.
This hesitation reflects the broader uncertainty in the market, where many are waiting to see how things unfold before making any bold moves.
However, traders are still investing in this period, most notably in the new ICOs with the biggest resilience and potential for profits – Pepe Unchained ($PEPU), Crypto All-Stars ($STARS), Flockerz ($FLOCK), and Memebet Token ($MEMEBET).
Let’s see the reasons why.
Pepe Unchained ($PEPU) Maintains the Title Of the Most Promising Presale On the Market – Fundraising Passes $18.6 Million!
Pepe Unchained ($PEPU) remains one of the most sought-after tokens, even in uncertain times like this. This coin resembles the true definition of team dedication to bring change in the crypto market.
This project aims to surpass the original Pepe coin by having its own blockchain specifically designed for $PEPU. This new “Pepe Chain” is a Layer-2 solution to all Ethereum’s problems.
Pepe Chain fixes the scalability issue, increases speed, and lowers transaction cost, and with the recent introduction of the “Pepe Frens With Benefits” Feature, developers can now build their own projects on this network.
All of this has led to massive whale activity as the presale passes $18.6 million in accumulated sales. The current token price is a fraction of the potential cost as it stands at $0.00996 per coin.
There are also rumors that the creator of Ethereum, Vitalik Buterin, strongly supports this project behind the scenes. This has been sparked by his recent comments on the rising use of the Layer-2 structure in new projects.
Crypto All-Stars ($STARS) Adds Utility to Existing Meme Coins By Enabling For Unified Staking
Crypto All-Stars ($STARS) is one of the most promising projects to emerge recently and poses a serious threat to all new ICOs.
Through the MemeVault ecosystem, investors can now stake their favorite meme coins and get rewarded the $STARS token. This never-before-seen feature enables all top meme coins to gather under one roof.
Unified staking presents a perfect opportunity to put your portfolio to use while enriching it with this new promising coin. Also, you can stake it for the current 681% APY rewards and a 3x token multiplier, which all investors get when using this option.
The ongoing presale is structured in phases, with each new phase having a slight price increase. Right now, you can get $STARS for $0.0014947. However, with the total funds accumulated reaching $2.1 million, this price is going to be considered a bargain.
Flockerz ($FLOCK) Encourages Community To Participate As The Vote2Earn Model Enables For Them To Decide on Big Project Decisions
Flockerz ($FLOCK) is all about reaching full decentralization through its unique vote-to-earn model. The project gives power to its community by letting token holders take an active role in shaping its future while earning $FLOCK tokens at the same time.
With over $600k raised during the presale so far, interest is picking up fast, and prices are expected to climb as more investors jump in. Early participants not only get in at a lower price but also gain more influence in the project’s governance.
The participation is held as a decentralized autonomous organization (DAO
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- Hera, the Planetary Defense Mission From the European Space Agency (ESA), Has Embarked on Its Two-Year Journey
- Oct 12, 2024 at 10:20 am
- With the launch of the Hera spacecraft on Oct. 7, the ESA achieved one of its key objectives — putting together a spacecraft about the size of a van and then launching it with speed.