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Cryptocurrency News Articles

Pepe Unchained, Flockerz, and Stacks Draw Investor Attention as Bitcoin Nears $100k

Nov 22, 2024 at 03:50 pm

As Bitcoin rallies toward $100k, investors are scrambling to scoop up altcoins before the upcoming price rally.

Pepe Unchained, Flockerz, and Stacks Draw Investor Attention as Bitcoin Nears $100k

Investors are searching for the next big altcoin gainer as Bitcoin approaches the $100k mark, with Pepe Unchained, Flockerz, and Stacks emerging as promising options.

With Bitcoin’s dominance rising, investors are pivoting toward altcoins in anticipation of the next price rally.

Here are three altcoins that have grabbed investor attention due to their unique features and growth potential:

Pepe Unchained is making waves in the Ethereum ecosystem by developing the first Pepe-themed layer 2 blockchain.

The Pepe Chain offers lower costs and faster speeds than Ethereum, catering specifically to meme coin trading.

It also features a flagship meme coin generator called Pepe Pump Pad, enabling users to create their own meme coins without coding knowledge.

Other functionalities include staking, a block explorer, a dedicated Ethereum bridge, and a decentralized exchange.

Ethereum boasts the highest total value locked (TVL) at $59 billion.

This massive capital creates a favorable environment for Pepe Unchained, especially considering that Ethereum users have observed Solana’s meme coin season from the sidelines and can now participate in their own on the Pepe Chain.

The project has already raised $40 million in a presale, which will conclude in 22 days. Investors interested in acquiring Pepe Unchained tokens can participate through the Pepe Unchained presale website.

Flockerz is another project pushing the boundaries of meme coins. Behind its playful bird-themed branding, Flockerz is developing a first-of-its-kind Vote-to-Earn decentralized autonomous organization.

In a bull market, this novel utility sets Flockerz apart, potentially attracting capital over other meme coins, which typically compete on artwork and community size.

Flockerz's community has complete control over the project, with the ability to vote on every decision regarding its future and earning rewards for participation.

This ensures transparency, fairness, and decision-making that aligns with the community’s best interests.

Moreover, Flockerz holders can stake their tokens to enhance their rewards further, with an current APY of 814%, which will gradually decrease over time.

The project is currently conducting a presale and has raised $2.6 million thus far.

For more information on Flockerz, visit the Flockerz presale website.

As Bitcoin approaches the $100k mark, ecosystem tokens are flourishing. One standout is Stacks, the leading layer 2 project on the Bitcoin network.

Similar to Pepe Unchained for Ethereum, Stacks reduces costs and increases speeds for Bitcoin. However, a crucial distinction is that Bitcoin lacks smart contract functionality, which Stacks introduces.

With Bitcoin's market cap at an incredible $1.92 trillion, Stacks' smart contract capability unlocks this vast liquidity for new applications, such as decentralized finance (DeFi).

This footage of hundreds of developers working on Bitcoin L2 smart contract code is sure to get you excited about Bitcoin Unleashed: London with @easya_appThis thread will guide you through multiple resources to begin your journey as a Bitcoin L2 developer. 1/4 pic.twitter.com/hrdZjwl1cZ

Recently, Grayscale published a report on Stacks, highlighting its ability to integrate smart contracts and dApps into the Bitcoin ecosystem while leveraging the network's security.

Currently, Stacks is trading at $1.92, with a 4.55% gain for the day, break even for the week, and a 4.9% gain for the month. It holds a market cap of $2.89 billion and a 24-hour trading volume of $277 million.

News source:crypto.news

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