Bitcoin has surged 8.4% in the last 7 days, nearing key resistance at the $70,000 zone. Dubbed the king of cryptocurrencies, Bitcoin’s movements set the tone for the entire crypto market, making its recent jump a positive sign for investors.
While BTC re-awakens, MoonTaurus is trending in the altcoin market following a strong performance in its recently launched presale. The presale is selling out at a record pace as investor interest skyrockets. With the first stage ending, stage two will begin soon, with a subsequent 100% price increase.
Bitcoin (BTC) Re-Awakens, Eyes $70,000
Bitcoin’s price movement in 2024 has been a wild rollercoaster. The largest cryptocurrency by market cap soared 76% between January 1 and March 14, reaching an all-time high of $73,800. The asset then suffered a decline, with its price dropping as low as $53,000 earlier this month.
Several factors contributed to the drop, the most recent of which was the German government’s $2.9 billion BTC selloff. This event caused fear, uncertainty, and doubt (FUD), pushing the price down to $53,500 on July 5. Since then, Bitcoin has rebounded and is trading at around $68,000. According to CoinCodex, BTC could break above $70,000 within the next 5 days on its way to a new all-time high.
MoonTaurus Presale Approaches End of Stage 1, Set to Soar 100%
MoonTaurus is nearing the end of its first presale stage following a quick sellout. Launched earlier this month, the presale has attracted significant interest from both retail and whale investors.
The MNTR token features MoonTaurus, an ancient celestial bull, as its mascot. The bull, which is associated with great fortune and abundance, adds a unique narrative to the token. MNTR also has a capped supply of 3 billion tokens, with 40% allocated for the presale. The token is currently priced at $0.005 in stage one and will increase by 100% as it progresses to stage two. This has created massive FOMO among investors looking to secure their share before the price jump. At the end of the presale, MNTR will launch on top decentralized exchanges at $0.07, 1400% higher than the current price.
The project’s roadmap includes collaborations with artists and influencers to promote MoonTaurus and build a strong community. The success of a meme coin is heavily dependent on community support, and these partnerships are expected to boost MoonTaurus’ visibility. MNTR will also be listed on top-tier centralized exchanges, expanding its reach.
Despite being a newcomer, MoonTaurus has already demonstrated its potential to rank among the top meme coins. The project has attracted whales and insiders who made fortunes with Shiba Inu during the 2021 bull run.
This vote of confidence from market veterans is a strong endorsement of the project and its potential. Additionally, analysts predict a steep climb for the meme coin upon launch, with between 50x and 100x returns by the end of the 2024-25 bull cycle.
The recent rise in Bitcoin’s value signals a strong rally ahead for the crypto market. This makes investing in high-return altcoins more important than ever. Among these is MoonTaurus, which has demonstrated its potential as a leading meme coin. Market experts are optimistic about the token, predicting up to 100x returns by the end of the bull run.
Website: https://moontaurus.com/
Linktree: https://linktr.ee/moontaurus
