Release: 2024/10/01 16:14 Reading: 465
Bitcoin Analysts Predict Bull Run, Citing Recession and Money Supply Growth
Bitcoin analysts anticipate a potential surge in Bitcoin's value, attributing it to an anticipated economic downturn and the likelihood of increased money supply. They emphasize Bitcoin's historical performance during previous recessions, drawing attention to its correlation with gold as a hedge against inflation and monetary expansion.
Trending Tokens on the Rise
Multiple tokens connected to projects such as ApeCoin ($APE), Axie Infinity ($AXS), Chiliz ($CHZ), The Sandbox ($SAND), Green Metaverse Token ($GMT), Gala ($GALA), and Blur ($BLUR) exhibit notable momentum and heightened market interest. Tokens within the Base network have also experienced a rally. InsideBitcoins keeps track of the most popular cryptocurrencies on Base Chain.
Top Trending Cryptocurrencies on Base Chain
Pepe Unchained ($PEPU) Emerges as Meme Coin Contender
Pepe Unchained ($PEPU) has garnered significant attention from retail investors and is emerging as a prominent meme coin offering for Q4 2024. Despite recent gains, Bitcoin has since corrected but remains poised for a positive performance in September.
1. Neiro (Neiro)
2. MrsCrash (MrsCrash)
3. Loulou (Loulou)
Potential Next Top Trending Crypto
Key factors driving the recent surge include the upcoming release of Pepe Unchained's Layer 2 technology, FOMO from larger crypto investors, and the allocation of the token supply, which ensures its distribution for various uses.
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