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Cryptocurrency News Articles

Bitcoin (BTC) Has A Good Chance To Rally In September

Sep 03, 2024 at 03:12 am

August 2024 was a very active month for the crypto sector, which is quite unusual, given that the summer months are typically much calmer.

Bitcoin (BTC) Has A Good Chance To Rally In September

August 2024 was an eventful month for the crypto sector, which is unusual, considering that the summer months are usually much calmer. The crypto sector saw the prices crash on August 5, only to see several more recoveries and drops throughout the month. Now, crypto users are left wondering what to expect in September, and some experts believe that the bearish trend is about to end.

Bitcoin Has A High Chance To Rally In September

Historically, Bitcoin has been bearish for the most part of September, but experts are optimistic that this year will be different. The coin has only a few days to rally in order for August to deliver positive monthly gains. If this doesn’t happen, BTC will close August in the red compared to the monthly opening price, and the burden of bringing gains will be pushed to September.

But, some key factors suggest that this is exactly what might happen. For example, global liquidity has been seeing a recovery, and it is now at new heights. Bitcoin itself has not received a particularly big share of that liquidity as of yet, but the fact that liquidity is once again on a positive trend is promising.

Furthermore, analysts suggest that a combination of growing liquidity, the halving, upcoming rate cuts, and the US election all closely resemble situations from 2016 and 2020, when BTC went through a robust rally in the later months of these years.

In the meantime, those who do not wish to wait for Bitcoin could instead join one of the meme coin sector’s biggest and most popular ICOs of 2024 — Pepe Unchained (PEPU).

JOIN PEPE UNCHAINED — THE ICO WITH THE HIGHEST DEMAND IN 2024

What Makes Pepe Unchained Worth Investing In?

Pepe Unchained is a new Pepe-inspired meme coin that considers itself a better and more advanced version of the original Pepe (PEPE), currently the third-largest meme coin by market cap. While this is a bold claim, Pepe Unchained has a good reason to make it.

The original Pepe token is an ERC-20 token, meaning that it is a cryptocurrency developed on Ethereum’s network. As such, it shares the same benefits and limitations as ETH does, from a technical point of view. Those who have been a part of the crypto industry for a prolonged period know that Ethereum has its fair share of issues.

Its network is slow and unable to scale to meet demand, which leads to long waiting times for transactions to be processed, as well as high transaction fees. Pepe suffers from these same problems. However, Pepe Unchained does not. The reason for this is that Pepe Unchained has its own blockchain, which makes it the first Pepe meme coin that can make that claim.

BUY PEPU WHILE ITS PRICE IS LOW

Pepe Unchained runs on a Layer-2 blockchain built on top of Ethereum, but the chain runs independently, allowing PEPU to be much faster, more scalable, and to offer much lower fees. In other words, PEPU outperforms PEPE on all fronts, which is what attracted investors to its ICO, allowing it to raise over $11 million in the last few months.

You can join the presale right now and buy PEPU for only $0.0093851 per token using ETH, BNB, USDT, or credit/debit cards.

Original source:disruptafrica

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