Altcoins maintaining healthy momentum this week: PEPE, BITBOT, & TRUMP

Altcoins maintaining healthy momentum this week: PEPE, BITBOT, & TRUMP
фото показано с : invezz.com

2024-3-6 11:25

The digital coins market has displayed an outstanding performance this year. Bitcoin (BTC) climbed to all-time highs on March 5, showcasing massive momentum since crossing the $50K mark.

Notably, many altcoins, including PepeCoin (PEPE), Bitbot (BITBOT), and MAGA (TRUMP), joined Bitcoin’s upside party and appeared to retain the momentum this week.

Altcoins to watch this week

Memecoins have dominated charts in the ongoing bull run, hitting $67 billion in market cap as weekly trading volumes surge by over 3000%. Here are some assets reflecting stability after smashing record peaks this week.

PepeCoin (PEPE)

PEPE led the recent meme token comeback with consistent surges from $0.000001385 for nearly two weeks. The token rallied to all-time highs on March 5 to trade at $0.000008585.

PepeCoin hovered at $0.000007482 at press time, up 180% on its weekly price chart. The token recorded 20 green candles in the past month, highlighting impressive momentum and investor confidence.

PEPE 7D Chart on Coinmarketcap

Also, the neutral Moving Average Convergence Divergence indicates buyer edge. Nonetheless, PEPE’s price movements highlight volatility, and its value remains subjective to social media trends and community sentiment.

Bitbot: attracting profit-hunting players as alt season looms

Bitbot is new Telegram trading bot aiming to transform the cryptocurrency investment sector with unique non-custodial AI solutions. Its presale has drawn investor attention due to the project’s profitability potential.

Bitbot separated itself from other Telegram bots as it prioritizes online safety. The project’s institutional-grade and artificial intelligence trading solutions provide investors with lucrative opportunities.

Moreover, the native BITBOT presents additional benefits to enthusiasts, including a portion of the network’s daily returns and trading discounts.

Profit-oriented investors have already invested over $817,624 in Bibot, expecting impressive returns after the platform finally launches in the second quarter.

The platform release in Q2 might match the highly-awaited April Bitcoin halving, which might catalyze BITBOT price surges to new peaks.

MAGA (TRUMP)

TRUMP has seen notable bullish actions lately. It maintained stable uptrends within the past two weeks, skyrocketing from the lows of $2.856 to ATHs of $11.56 on March 4.

The token gained around 27% within the past week to change hands at $8.48. The impressive 24-hour trading volume confirms a solid impetus behind MAGA surges.

TRUM 7D Chart on Coinmarketcap

Nevertheless, the altcoin market will mirror Bitcoin’s upcoming performance. Most analysts believe the market will continue the upside after the ongoing slight retracements.

You can find more about Bitbot presale here.

The post Altcoins maintaining healthy momentum this week: PEPE, BITBOT, & TRUMP appeared first on Invezz

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