The crypto market has taken a breather today, with Bitcoin dipping to $98,800 and Dogecoin shedding 6% of its value.

But amidst this dip, a new meme coin continues to perform well.

Flockerz is ignoring the market blues – and has now raised over $5 million in presale funding.

Bitcoin Dips Below $100k but Bullish Signals Remain

Bitcoin is hovering below $100,000, dropping by 2% in the last day as some traders decided to lock in gains.

It’s been a bit of a tug-of-war lately, with Bitcoin struggling to break above such a key price level.

But despite this dip, things are looking solid overall.

Spot trading volume has jumped 58% to $65 billion, and there’s growing interest in BTC derivatives – a sign that big institutions are still hungry for exposure.

Plus, MicroStrategy just snagged another 21,550 BTC, bringing their stash to over 2% of all the Bitcoin in existence.

That’s a huge vote of confidence from Michael Saylor and his firm.

The Crypto Fear & Greed Index also sits at 78, showing that most traders are still positive about Bitcoin’s future, despite these short-term swings.

With all these positive signs, this latest dip is likely just a blip before Bitcoin takes another shot at breaking through $100,000.

Dogecoin Cools Off From Weekend Highs – Can DOGE Bounce Back?

Dogecoin has seen a dip too, dropping to $0.44 after hitting highs above $0.48 over the weekend.

This drop pushed DOGE below a key technical level (the 50-period EMA on the 4-hour chart), but it’s still respecting an upward-sloping trendline.

That suggests a rebound could be imminent.

Some traders are playing it safe and reducing their leveraged positions, evidenced by open interest dropping 11% in the past 24 hours.

But one popular analyst, Trader Tardigrade, is still super bullish on DOGE.

He said that looking at the bigger picture, DOGE has just come out of an oversold zone on the monthly chart – and is primed for a huge upswing.

Trader Tardigrade even believes the coin could hit somewhere between $8 and $10 during this cycle.

However, he also noted a correction would likely bring DOGE back down to the $0.80 to $1.80 range after that.

Trader Tardigrade’s comments suggest that holders could see much more gains on the horizon – even if there’s some short-term volatility ahead.

Vote-to-Earn Project Flockerz Raises $5M – Why Investors Are Bullish On This New Meme Coin

While Bitcoin and Dogecoin are struggling, the new meme coin project Flockerz is gaining traction.

The project passed $5 million in presale funding over the weekend.

But why all the hype?

The main reason is Flockerz’s “Vote-to-Earn” system, which rewards users with FLOCK tokens for participating in decisions about the project’s future.

The Flocks on Fire!

5 million ways to say The Flock’s on top! What a massive milestone, it couldn’t have happened without every member of the flock putting out the good word!

To the Top! With The Flock! pic.twitter.com/89co1o8qkT

— Flockerz (@FlockerzToken) December 7, 2024

It’s all done through the Flocktopia DAO – which is basically a decentralized way for the community to govern itself.

So, unlike most meme coins that don’t actually do anything, Flockerz’s team has built a utility-focused ecosystem.

Users can also stake their FLOCK tokens in this ecosystem for high yields.

These yields are currently estimated at 485% per year – far higher than most staking protocols offer.

And if that wasn’t enough, Flockerz’s team has also set aside 25% of the token supply for the DAO’s treasury.

Some big crypto influencers are starting to take note of this setup.

One of them is ClayBro, who told his 132,000 YouTube subscribers that FLOCK has big potential.

Ultimately, the fact that Flockerz is doing so well in presale, even with the market dip, shows that investors are looking for meme coins that offer something different.

That’s why some believe FLOCK could be the next big name in crypto.

Visit Flockerz Presale

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It’s been a tough few days for Pepe and Dogecoin holders.

Both coins have dipped into the red this week as market conditions take a turn for the worse.

Yet while these established meme coins struggle, presale project Pepe Unchained is continuing to impress – passing the $50 million mark ahead of its first exchange listing.

Meme Coin Giants Take a Beating as PEPE & DOGE Lead Market Slide

Pepe and Dogecoin have taken a serious hit this week.

PEPE dropped 14% in just the last 24 hours, now trading around the $0.0000174 level.

DOGE hasn’t fared much better, sliding 13% to $0.36 and seeing its market cap shrink to $54.2 billion.

But it’s not just these two coins that are seeing a sell-off.

It’s a sea of red in the meme coin space, with MOG being hit the hardest, losing 20% of its value in a single day.

Overall, the meme coin market’s value has pulled back to $106 billion, signaling that the recent hype around these coins might be cooling a bit.

Spot trading volumes remain high – but that suggests traders are cashing out their earlier gains.

And the drop in open interest for PEPE and DOGE backs up this shift in sentiment.

So, after weeks of explosive growth, the meme coin sector seems to be finally taking a breather.

Crypto Market Turns Red as Bitcoin ETFs See Largest Outflow Since Election

The meme coin slump isn’t happening in isolation – it’s part of a broader cooldown in the crypto market.

Bitcoin has slipped 6% to $91,600, and other top altcoins, such as ETH, SOL, BNB, and XRP, are all deep in the red.

In the past day, the total crypto market cap is down 7%.

What really stands out, though, is the massive outflow from spot Bitcoin ETFs.

They just recorded their largest single-day withdrawal since Trump’s election win, with $438 million pulled out.

BREAKING: Yesterday the Spot #Bitcoin ETF saw $438.38 MILLION OUTFLOW! pic.twitter.com/r0HvW4c6OD

— Crypto Rover (@rovercrc) November 26, 2024

That’s a massive turnaround from a few days ago when the market was hyped over record-breaking inflows of $1 billion.

Still, not everyone is hitting the panic button.

Many analysts see this pullback as nothing more than healthy profit-taking after Bitcoin’s climb towards $100,000.

And while the ETF outflows might look unsettling, the bigger picture tells a different story: total net inflows still sit at $30.4 billion.

This shows that institutional interest in crypto hasn’t really wavered.

Pepe Unchained Defies Market Downturn & Shatters $50M Milestone Ahead of Upcoming Exchange Debut

While the rest of the crypto market is bearish, Pepe Unchained is breaking the mold.

The project has now raised over $52 million in presale, cementing its spot as one of the biggest meme coin launches ever.

With just 17 days left until exchange listings and PEPU tokens available for $0.01295 each, it’s got everyone – from retail investors to industry pros – paying attention.

However, it’s not just the presale numbers that make Pepe Unchained stand out.

Pepe Unchained L2 Sneak Peek!

What we’re building is not just a new chain, but an entire ecosystem.

Pepe Unchained L2


Block Explorer


DEX


Bridge


Advanced Analytics


Builder Grants

Pepe Unchained is coming. And it’s going to shake up the crypto space. pic.twitter.com/ZVnvgO6MGF

— Pepe Unchained (@pepe_unchained) September 26, 2024

It’s also the team’s bold vision: bring meme coin innovation back to Ethereum.

They have set their sights on disrupting Solana’s hold over the meme coin space by developing a new Layer-2 network called Pepe Chain.

The goal is to enable fast, low-cost meme coin trading while tapping into Ethereum’s security and liquidity.

A critical feature of this Layer-2 network is the Pump Pad.

This feature is designed to make meme coin creation accessible to everyone and is inspired by Solana’s popular Pump.fun platform.

Several top crypto experts have praised Pepe Unchained’s setup.

For example, ClayBro released a video yesterday in which he claimed that the PEPU token could “make millionaires” once it was released.

Clearly, the hype is building around this new meme coin project.

And despite the uncertainty in the broader crypto market, Pepe Unchained continues to go from strength to strength.

Visit Pepe Unchained Presale

Disclaimer: The above article is sponsored content; it’s written by a third party. CryptoPotato doesn’t endorse or assume responsibility for the content, advertising, products, quality, accuracy, or other materials on this page. Nothing in it should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully before engaging with any company or project mentioned and do their own research. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above-sponsored content.

Readers are also advised to read CryptoPotato’s full disclaimer.