Pepe Coinโs Road to 10x Growth in 2025: Can It Break Through the Barriers?
Pepe Coin has cemented its status as one of the most promising meme coins on the market, thanks to its quirky charm and impressive rise in popularity.
Pepe Coin has managed to break away from this pattern, establishing itself as a standout token in the market. Its recent 20% rally in the past week has only reinforced its position as a promising contender within the meme coin space.
However, the biggest focus right now is on projects that offer deeper utility.
Its growth has cultivated a devoted following, making it the third-largest meme coin by market cap, valued at an incredible $11 billion.
Currently priced little over at $0.0000233 PEPE has shown strong bullish trading patterns over the past month, leaving everybody wondering: how far can it go?
According toย CoinCodex, itโs projected to reach $0.00008177 by January 2025, with further predictions suggesting a climb to $0.000118 by the end of the year.
Eric Trump tells Abu Dhabi bitcoin will hit $1m President-elect Donald Trump is planning to make the US the โcrypto capital of the worldโ, his son Eric Trump said in a keynote speech in Abu Dhabi on Tuesday December 10 2024. Speaking at the Bitcoin Mena event being held at Abu Dhabiโs ADNEC centre, the younger Trump said he was โconfidentโ that bitcoin would hit $1 million. โHeโs going to be the crypto president,โ Trump said of his father. โI really believe that this is the future of finance, and I can say with great pride that now that heโs won [the presidency], youโre going to have the most pro-crypto president in the history of America.โ Bitcoin has rallied following Donald Trumpโs election victory, surging above $100,000 after he announced that pro-crypto Paul Atkins would be his pick to chair the US Securities and Exchange Commission, replacing Gary Gensler.ย Eric Trump said that Gensler โwaged warโ against the crypto industry, and that the sector would benefit under his fatherโs new presidency. โMy father is not going to allow bitcoin and cryptocurrencies to be overregulated and stifled by high taxes,โ he said. Trump framed bitcoin as a โfundamental shift in the way we think about money, wealth and the futureโ. He drew parallels to the early days of email and text messaging, acknowledging the slow pace of mainstream adoption but expressing confidence in bitcoinโs eventual ubiquity. โItโs instantly liquid, borderless and a global currency,โ Trump said. โIt doesnโt rely on traditional banking systems. Itโs not subject to corrupt governments.โ He pointed to bitcoinโs rally past $100,000 as evidence of growing public interest and predicted, โa hell of a lot more eyes are going to be open when bitcoin hits $1 million โ and Iโm confident itโs going to hit $1 millionโ.
U.S. can become a crypto superpower with 'sensible' regulation, Eric Trumpย
Speaking to CNBC's Dan Murphy in Abu Dhabi, United Arab Emirates, Eric Trump said he'd been a "big fan of crypto for a long time."
His comments come shortly after the price of bitcoin, the world's largest cryptocurrency, climbed above $100,000 for the first time.
Asked whether his father was considering regulatory or deregulatory measures in the crypto space โ and what these policies could look like in practice, Eric Trump replied: "It looks like it's transparent. That's what it is."
Trump Jr is on visit to Abu Dhabi attending Bitcoin MENA. In his key note Eric Trump stated that President-elect Donald Trump is planning to make the US the โcrypto capital of the worldโ,
Despite the downtrend in Bitcoin price and the crypto market crash, most analysts would not agree with concluding this as the end of the Bull run. Instead, most of them are optimistic about the further rally, especially as the market moves towards 2025. However, a few see it as the beginning of the altcoin season as the altcoin market is growing.
More importantly, with Bitcoinโs dominance declining in the past few days, many call it an expression of altcoins gaining strength in the market. Even the Altcoin Season index is at 61, which is high, but dropped from 86 at the beginning of the month, which some conclude as the entry in the Altcoin season, which lasted short.
For now, the crypto market condition is the much-expected pulldown and has not put a full stop to this bull run just yet. However, the next few days could change that entirely, as the FED meeting,ย CPI, PPI, and Import and export price index reports could push the market in any direction. However, in contrast, with the high liquidation and the crypto market crash, it is an opportunity for many to buy the cryptos at a low, which could bounce it back with new buyers entering the market.
Aย 3-minute presentation by Michael Saylor, executive chairman of Bitcoin Development Company MicroStrategy (MSTR), which has seen its stock price surge as much as 2,500% since adding bitcoin to the companyโs treasury strategy more than four years ago, was meant to convince shareholders otherwise.
The argument by MicroStrategy Executive Chairman Michael Saylor tried to convince Microsoft shareholders is absolutely reasonable for hedging the funds underlaying in capital which amounted to 200 billion dollars for past 5 years by issuing dividends and stock buybacks instead of purchasing crypto currencies.
Cryptocurrencies have delivered strong returns relative to traditional assets on both an absolute and a risk-adjusted basis over the past decade, with bitcoin generating an annualized return of 47.88% and a Sharpe ratio of 2.08, compared to 10.26% and 0.84 for the S&P 500, according to data from Portfolios Lab as of August 9, 2023. But the common tradeoff has been exposure to high volatility. For many investors, managing that volatility can be challenging, and thatโs led to increasing interest in hedging that risk.