Bernstein Research, one of Wall Street’s premier research firms, put out a statement that they believe Bitcoin will see a $200,000 valuation in 2025 regardless of who wins the election.
However, until it reaches that point, it’s likely that we’ll see a lot of volatility with the world’s leading crypto, especially toward the end of this year.
While BTC is a smart investment right now, many investors are diversifying their portfolios with ICOs that could bring short-term gains in the following months.
Right now, popular choices include Pepe Unchained ($PEPU), Crypto All-Stars ($STARS), Flockerz ($FLOCK), and FreeDum Fighters ($DUM).
Let’s go through the details.
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Bitcoin Volatility Expected During Election Week but Long-Term Forecasts Look Good
Bitcoin (BTC) remains in decline this Monday after a rejection just shy of its peak at $73,777 last week.
Analysts anticipate bigger market turbulence as the US presidential election takes place on Tuesday, with some expecting a “sell-the-news” response similar to what occurred after the Nashville Bitcoin conference.
As election day nears, volatility is expected to rise. Many in the crypto space lean toward a Trump victory, given his pro-crypto stance, which adds another layer of uncertainty to the market.
With results expected this week, crypto traders, particularly Bitcoin whales, are getting ready for surprises, as shown in the chart below.
Source
BTC whale activity has dipped since last week, with a spike around the $73,620 mark on October 29th.
These whale movements are often seen as indicators of potential price shifts. However, it’s worth noting that low whale activity doesn’t always signal a downturn.
This common misunderstanding overlooks that whales often pause, observing smaller traders’ responses to key events before making their own moves.
While BTC’s long-term prospects look good, traders are also participating in ICOs right now for a chance to secure some short-term gains as well.
We’ll go over some of the popular projects below.
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Pepe Unchained ($PEPU) – Trending $24.5M Presale Meme Coin with Layer-2 Blockchain
Pepe Unchained ($PEPU) is turning out to be a big 2024 meme presale by merging the popular Pepe meme with practical utility. The presale has already attracted over $24.7 million in a short period.
Its proprietary “Pepe Chain” Layer-2 technology addresses common meme coin issues like slow transactions and high fees, offering speeds up to a hundred times faster than Ethereum and lower costs.
Additionally, $PEPU offers a 96% annual yield through staking, providing passive income opportunities for both new and seasoned investors.
Austin Hilton, with over 300k YouTube subscribers, dubbed $PEPU “THE BIGGEST MEME COIN PRESALE LAUNCH – EVER!” Similarly, influencer ClayBro has highlighted it as a key project to watch this quarter.
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Crypto All-Stars ($STARS) – Releasing a New MemeVault Feature to Unite Popular Meme Coin Staking
Crypto All-Stars ($STARS) is a meme coin project aiming to bring new features to the meme coin space. Launched in August 2024, the coin centers around the MemeVault, a staking platform that allows users to earn rewards by staking popular meme coins like Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE).
This approach adds a practical layer of utility, so holders have a way to gain returns aside from simple trading. The project’s presale has raised over $3 million, showing a steady level of interest and support.
Security is a big priority, with smart contracts audited by firms like SolidProof and Coinsult. Seeing that 91% of meme coins are dubbed as scams and rug pulls, this is a big deal for investors.
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Flockerz ($FLOCK) – Vote-to-Earn Meme Coin That Prioritizes Decentralization Features
Flockerz ($FLOCK) is a meme coin project that emphasizes community involvement through a Vote-To-Earn (V2E) mechanism. It was launched in September 2024 and it enables token holders to participate in project decisions and earn rewards for their engagement.
The project operates through FlockTopia, a decentralized autonomous organization (DAO) where each holder’s vote contributes to the project’s direction. This structure aims to distribute power evenly among participants.
Flockerz has allocated 25% of its total token supply to staking rewards, offering an annual percentage yield (APY) of up to 1,331% for those who stake their tokens.
Additionally, 25% of the supply is designated for the DAO Vault to reward active voters, and 20% is reserved for marketing efforts to expand the community.
By integrating V2E and staking features, Flockerz offers a platform where community members can influence the project’s trajectory while earning rewards for their participation.
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FreeDum Fighters ($DUM) – Election-Themed Meme Coin with Presidential Meme Characters
FreeDum Fighters ($DUM) is a meme coin project that satirizes the 2024 U.S. presidential election by introducing two fictional robotic candidates – MAGATRON and Kamacop 9000. The presale of $DUM has raised over $420,000 as of early November 2024.
The project allows users to engage in a gamified political arena by staking $DUM tokens in support of their preferred candidate, and earning rewards based on their participation.
FreeDum Fighters offers a staking system where users can earn rewards by backing their chosen candidate. Additionally, the platform hosts weekly community debates and polls, with participants on the winning side receiving additional $DUM tokens through airdrops.
With the meme market cap reaching $557M according to CoinGecko, there’s a solid chance for $DUM to capture a share once it gets listed, if this hype continues.
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Conclusion
Election day is coming and while BTC looks like a solid investment, it’s a good idea to diversify your portfolio.
Currently, trending meme presales like Pepe Unchained ($PEPU), Crypto All-Stars ($STARS), Flockerz ($FLOCK), and FreeDum Fighters ($DUM) seem like good opportunities due to their fundraising success.
If you’re also interested in these ICOs, it’s a good idea to get in earlier because the price is expected to rise as each new stage goes by.
This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article
Source: https://bravenewcoin.com/insights/forget-about-bitcoin-these-coins-will-explode-by-100x-in-the-following-months