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Next crypto crash: What’s behind it?

Next crypto crash: What’s behind it?

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First came the crash at the beginning of last week, then the comeback followed with a significant jump in prices. Now cryptocurrencies have fallen significantly today. In the meantime, Bitcoin & Co. lost over 4 percent. Smaller altcoins and meme coins were hit even harder, sometimes losing double-digit amounts. The next crypto crash is now a reality. But what is behind the recent sell-off and is everything really as bad as it seemed today?

Intraday, the 58,000 US dollars were tested for the third time in the past 48 hours. Bitcoin is thus continuing to correct. Until then, support was maintained in smaller time units. But the correction could still continue.

Crypto crash as an opportunity?

In a new post on X, crypto analyst Dan Gambardello is unsure whether the current sell-off will continue. He remains optimistic about cryptocurrencies in the long term. Even if the market collapses, he sees great potential for investors. Further difficulties could be a unique opportunity for anyone who has not yet invested. The expert compares the situation with the collapse in March 2020, which offered a great buying opportunity. Another disadvantage could therefore be described as an opportunity.

Michael van de Poppe also does not see the recent correction as dramatic. He emphasizes that the valuation is crucial. The analyst argues that it makes little sense to measure the value of Bitcoin or other assets solely against the US dollar, as the dollar loses a lot of value over time. Instead, the value should be compared with the S&P 500. Since Bitcoin has not yet reached a new all-time high against the S&P, we are likely still at the beginning of a new bull cycle.

Ideally, expert Leon Waidmann points to the fundamental development of Layer 2 in Ethereum. Although prices are correcting, cryptocurrencies are continuing to develop. Even in a bearish market, there are further innovations, so that sooner or later a bull run with resulting revaluations will follow.

Strength despite crypto crash: Pepe Unchained before $12 million

Meanwhile, in the midst of a crypto crash, it is particularly interesting to observe projects that show relative strength despite the general downward trend. This resilience suggests that they have solid fundamentals or strong concepts. When the market recovers, such projects often have the potential to rise above average.

Despite Ethereum's recent drop in value, its underlying technology remains stable and forward-looking. A key factor in this resilience is the continued growth of Layer 2 solutions, which are becoming increasingly important in the Ethereum ecosystem. These technological developments allow Ethereum to successfully overcome scalability challenges. One project that has benefited from these advances is Pepe Unchained (PEPU).

To the Pepe Unchained Presale

PEPU

Pepe Unchained has already raised over 11 million US dollars during the presale. The project aims to create a platform for meme coins as a meme layer 2 that enables faster and cheaper transactions by using layer 2 technology. In contrast to many other short-term projects, Pepe Unchained is pursuing a medium-term strategy. The PEPU token is intended to play a central role in this comprehensive crypto ecosystem.

A key feature of Pepe Unchained is the intelligent combination of Layer 2 technology with viral meme branding. This combination sets the project apart from others. In addition, Pepe Unchained's specially developed blockchain explorer provides more transparency to track transactions on the Layer 2 blockchain.

But Pepe Unchained is not limited to the $PEPU token. The team's long-term goal is to build a complete ecosystem for crypto memes. Investors have the opportunity to purchase PEPU directly from the official website by connecting their wallets and exchanging ETH, USDT or BNB for PEPU. In the next 24 hours, the price of PEPU will rise again here.

To the Pepe Unchained Presale

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