As we have just entered October, expectations for a rise in Bitcoin have increased, while a decline in prices has been observed in recent weeks, contrary to the expected performance. While positive price movements called “Uptober” in the crypto market and generally experienced in October are hoped for, Bitcoin is at the level of 62 thousand 200 dollars as of the time this news was written. However, many analysts predict that Bitcoin can reach the level of 90 thousand to 100 thousand dollars within this month.
Bitcoin was on the rise in mid-September when the US Federal Reserve (Fed) cut interest rates for the first time in four years. However, although Fed Chairman Jerome Powell signaled that interest rates would decrease further this week, the expected rise did not occur. While interest rate cuts were expected to have positive effects for risky assets, Bitcoin did not show the previous reaction this time and lost value by approximately 1.75.
As a result, although a positive movement was expected for Bitcoin in October, the uncertainty in the markets and the reactions to the Fed’s policies have fallen short of these expectations so far. However, on the meme coin side, the craze continues relatively. Particularly, interest in Pepe Unchained (PEPU), Crypto All-Stars (STARS) and Flockerz (FLOCK) presales is increasing.
Pepe Unchained Welcomes October with $17 Million
Pepe Unchained (PEPU) is gaining a lot of attention as a viral presale cryptocurrency and has raised more than $16.8 million so far. This upward momentum is making a huge impact in the market and Pepe Unchained token purchases are accelerating day by day.
But behind this excitement lies an important use case. Pepe Unchained will be the first Pepe-themed cryptocurrency with its own Layer 2 blockchain network. Unlike other Pepe-themed tokens, PEPU represents an entire ecosystem.
This blockchain, called Pepe Chain, will host meme coins and their associated decentralized applications. Pepe Chain, an Ethereum-based Layer 2 chain, will be 100 times faster and cheaper than Ethereum. It will also be released with features such as staking, Ethereum bridge, block explorer and decentralized exchange.
The fact that Pepe Unchained is based on Ethereum seems likely to allow some of Pepe’s current $4.7 billion market cap to flow into this new ecosystem. This project differs from other meme coins by focusing on its use cases, which is reflected in its great success in pre-sales.
Pepe Unchained will begin trading on exchanges soon and its current pre-sale price is $0.0099. The next increase in price will occur within a day.
Crypto All-Stars Hits $2 Million Milestone
Crypto All-Stars (STARS), a new entry into the meme coin market, attracts attention as an Ethereum-based project. This project, which has been praised especially for MemeVault, a meme coin staking application, aims to provide passive income by bringing together users who purchase and stake Crypto All-Stars tokens.
Located at the center of Crypto All-Stars’ ecosystem, MemeVault offers the opportunity to stake popular meme coins such as DOGE, PEPE, FLOKI on a single platform. Users can earn STARS token rewards no matter which meme coin they stake. STARS holders will receive three times more staking rewards. The APY currently offered is over 780 percent.
Although MemeVault has not yet launched, investors can start staking STARS tokens now. A separate STARS staking application has been made available during the pre-sale, giving investors the opportunity to earn profits before the platform is officially launched.
Crypto All-Stars has raised more than $1.9 million in presale so far. The STARS token price is fixed at $0.0014769 and investors can purchase using ETH, USDT, BNB or credit card. The project has also successfully completed security audits for STARS tokens.
New Vote-Win Crypto Flockerz Rewards Owners with Free Crypto
Flockerz (FLOCK) is a meme coin project that entered the market recently and attracted attention from the moment it was released. Flockerz token purchases quickly increased to over $330k. Billing itself as the “People’s Meme Coin,” Flockerz offers a “vote-to-win” model through Flocktopia, a decentralized autonomous organization (DAO) that gives participants equal say.
Flockerz owners shape the future by making suggestions that will guide the project and voting on these suggestions. Voters are incentivized with FLOCK rewards for participating. The project offers passive income to investors with a rate of over 7,300 percent for two years with the opportunity of staking.
20 percent of the total 12 billion FLOCK tokens are currently on pre-sale at $0.0056785. After the pre-sale, centralized and decentralized exchange listings are targeted. Flockerz aims to create a strong ecosystem by offering a community-oriented approach in the crypto world. Investors can purchase FLOCK tokens with ETH, BNB, USDT or debit card.
Disclaimer: This is a sponsored content and press release and what is written here cryptokoin.com It does not reflect the views of the team. High risk of loss should be taken into consideration in leveraged transactions and cryptocurrency investments, and extensive research should be done before investing in any platform.
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