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Bitcoin, Ethereum Surge; Dogecoin, Pepe Follow; Qubetics Raises $11.4M

Coin WorldThursday, Jan 30, 2025 2:15 pm ET

1min read

Bitcoin and Ethereum Lead the Crypto Market Recovery

The crypto market has shown signs of recovery, with Bitcoin and Ethereum leading the charge. Bitcoin has surged past the $105,000 resistance level, while Ethereum has broken above its 99-day Smoothed Moving Average and 50-week Simple Moving Average. This bullish momentum is expected to continue, with analysts predicting Bitcoin to reach $128,000 and Ethereum to rally to $4,800.

Dogecoin and Pepe have also benefited from the market recovery. Dogecoin has broken out of a symmetrical triangle in its hourly timeframe, with analysts predicting a surge to $0.36. Pepe, which typically shows a strong correlation with Ethereum, is gearing up for a major breakout, with prominent analyst Unknown Trader opening a long position expecting it to potentially recover to $0.000016.

In the presale market, Qubetics has raised over $11.4 million, with strong investor confidence in its innovative approach to blockchain interoperability. Meanwhile, Terra Classic is attempting to recover from its historic collapse, but remains a highly risky investment due to regulatory concerns and past failures.

Pepeto, a new meme coin, is gaining attention for its staking rewards, interoperability bridge, and dedicated exchange. Bitcoin remains the market's cornerstone, despite a recent dip, with institutions like MicroStrategy and BlackRock betting on its long-term value. PEPETO's strategic tokenomics and growth potential make it an attractive investment opportunity, with a total supply of 420 trillion tokens and listings on five major exchanges.

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