Bitcoin Surpasses $65,000: Bull Market in Sight?
Bitcoin is showing strong bullish momentum, recently surpassing the $65,000 mark. This may signal the beginning of a new bull market. After dipping to a low of $59,800 last week, the cryptocurrency has rebounded and continues to climb steadily. Traders are closely monitoring the $65,000 level as a crucial point that could shape the market’s future direction.
Current market data indicates growing confidence among investors. Following nearly eight months of consolidation, Bitcoin is gaining momentum. Analysts are noting increased buyer activity, suggesting a potential breakout. At the time of writing, Bitcoin briefly reached $65,186 before settling around $64,990. Alongside Bitcoin, tokens within the Base network have also experienced rallies.
Top Trending Cryptocurrencies on Base Chain
InsideBitcoins has curated the most trending cryptocurrencies on the Base Chain. These tokens are currently gaining significant attention:
- BRATT: Currently valued at $0.000544, showing a modest increase of 0.56%.
- Pacato (PACATO): Trading at $0.000000208, with a market capitalization of $83.09K.
- Based Chad (CHAD): Priced at $0.00019, boasting a market cap of $12.87 million and a notable 135.52% rise in 24-hour trading volume.
1. BRATT (BRATT)
The BRATT token is priced at $0.000544, reflecting a 0.56% increase. It has a market cap of $519.38K and a 24-hour trading volume of $32.57K, a 174.61% rise in the past day. The total circulating supply is 955.13 million BRATT coins.
Price analysis reveals a significant shift in momentum. After a sharp decline, BRATT stabilized between 08:00 and 10:00 before rebounding. Larger green candles formed around 10:00, pushing the price above $0.0005000 and continuing upward to the current level of $0.0005444. Trading volume spiked during the initial sell-off, followed by a second surge as the price began recovering.
2. Pacato (PACATO)
Pacato (PACATO) is trading at $0.000000208 with a market capitalization of $83.09K. The 24-hour trading volume is $7.37K, a 113.15% increase over the past day. The coin has a circulating supply of 420.69 billion coins, matching its maximum supply.
Price action shows a modest increase of 3.15% with low volatility early in the session. However, trading volume spiked around 11:00, indicating heightened market participation as the price surged. Candlestick patterns suggest a bullish breakout, with large green candles followed by minor corrections before continued upward movement.
3. Based Chad (CHAD)
The Based Chad (CHAD) token is priced at $0.00019, with a market capitalization of $12.87 million. Its 24-hour trading volume stands at $1.20 million, a 135.52% increase over the past day. The circulating supply is 69.41 billion CHAD coins.
Price action shows early volatility, with a sharp decline from $0.00001900 to a low of $0.00001300 before a steady recovery. A significant upward spike occurred around 15:00, driving the price to $0.0001907, followed by a minor pullback to $0.0001899. Trading volume surged during the sell-off and again during the afternoon recovery, indicating strong buying interest.
What Might Be the Next Top Trending Crypto?
Pepe Unchained (PEPU), a recently launched meme coin, is gaining popularity. Its presale has exceeded $19.4 million, with significant investments from whale investors. PEPU tokens are also staked, showing long-term interest.
A key factor driving PEPU’s momentum is its connection to Pepe Chain, a Layer 2 blockchain designed to address Ethereum’s limitations by providing faster, more cost-efficient transactions. Pepe Chain aims to be up to 100 times faster than Ethereum while reducing gas fees and maintaining compatibility with Ethereum’s dApps.
PEPU’s developer grant program, “Frens with Benefits,” aims to encourage dApp development on the Pepe Chain. Additionally, the presale allows buyers to stake tokens with an annual return of 113%. Over 1.4 billion tokens have been staked so far, with tokens available for $0.00998. Investors can purchase PEPU using ETH, USDT, BNB, or a bank card, though the price is expected to rise soon.
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