Top Trader Says Focus On Meme Coins As Bitcoin Price Won’t Move In February

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Smart-money traders are shifting focus from Bitcoin to low-cap meme coins due to Bitcoin's lack of volatility. Bitcoin price remains range-bound between $41,000 and $44,000, down 11% from its 24-month high of $48,900. Analysts predict Bitcoin will consolidate between $38,500 and $48,000 or potentially drop to $32,000. Altcoins, including meme coins like PepeFork and Sponge V2, are expected to see strong gains. Sponge V2, the second iteration of the Sponge meme coin, aims to deliver another 100x opportunity in 2024. Crypto influencers and notable investors are bullish on Sponge V2. The OG Sponge token is being discontinued, and investors can stake their existing tokens to claim the equivalent Sponge V2 tokens. New investors can purchase Sponge V2 by swapping ETH or USDT tokens or using bank cards. Sponge V2's staking program offers an APY of over 200%.

#Bitcoin #MemeCoins #Volatility #Altcoins #SpongeV2 #CryptoInfluencers

https://watcher.guru/news/top-trader-says-focus-on-meme-coins-as-bitcoin-price-wont-move-in-february

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