May 8, 2025

Bitcoin and Solana prices are rising: is PepeX a better buy?

3 min read

Top crypto majors and meme coins recorded gains in early Thursday session as financial markets digested the Fed’s decision and subsequent remarks by Jerome Powell. Despite the persistent concerns over Trump’s tariffs being inflationary, optimism over a US-China trade deal has improved the market sentiment. At the same time, meme coins have made a comeback; further bolstering fresh projects with robust growth potential. PepeX has been particularly attractive to retail investors looking for an opportunity to grow their limited resources. Its mission of enhancing fairness, transparency, and accessibility has hit home for these crypto enthusiasts, which explains the steady momentum of its presale. Powell’s remarks clears hurdle on Bitcoin price path to $100k Bitcoin price has been trading in the green since the beginning of the week as the market sentiment improves. In early Thursday session, it rallied further; breaking the resistance at $97,797 as the markets digested the FOMC decision . At the time of writing, the major was at $98,876. Following its two-day meeting, the Fed decided to leave rates unchanged at between 4.25% and 4.50%. Besides, it has maintained a wait-and-see approach on economic developments surrounding Trump’s aggressive trade policy. Powell stated, “We believe that the current stance of monetary policy leaves us well positioned to respond in a timely way to potential economic developments”. Having broken the resistance at $97,797, Bitcoin bulls are now striving to make it a steady support zone for the crypto. With improved market sentiment, the entry of more buyers avails a chance to hit the psychologically crucial zone of $100,000. If successful, $101,395 will be a resistance level worth watching. On the flip side, a pullback past the resistance-turn-support level will place the support back to $96,050. Read more: Why are altcoins like IOTA, EOS, Quant, and Bitcoin Cash rising? Bitcoin price chart | Source: TradingView PepeX maintains upside momentum as meme coins make a comeback The success of meme coins is largely pegged on the concept of virality and speculative play. While this dynamic has transformed many into crypto millionaires, the absence of proper structure has left many crypto enthusiasts vulnerable. Subsequently, platforms like Pump.fun have come under scrutiny for allowing pump-and-dump schemes and failing to offer their users adequate protection from scammers. PepeX is on a mission to solve these challenges by promoting transparency, fairness, and accessibility. It has incorporated tools like anti-sniping protection, wallet tracing, and transparent bubble maps, which are all designed to prevent insider manipulation. To further protect its users, PepeX caps a token creators’ holdings at 5% of the total supply. In the event a project fails, the developers further lose this amount to the community. Besides, as the first AI-powered tokenization launchpad, the project is keen on eliminating the major challenge of gatekeeping. A crypto enthusiast with no coding skills can now create a token in just 5 minutes. By effectively sealing the existing loopholes, PepeX has attracted scores of investors; raising over $2.1 million since the start of its presale on 24th March. With less than two months left before the crypto enters the public market, PepeX presale offers an apt opportunity for meme lovers to rake in hefty earnings during and after the presale. Find out how to buy PepeX here . Solana price preps for a breakout as investor interest surges Solana price chart | Source: TradingView Improved market sentiment and meme coins’ comeback has sustained Solana price above the support zone of $140 for two weeks now. As investors anticipate a US-China trade deal, the altcoin is set to gain from the risk-on mood. This is particularly due to its role as a major blockchain in DeFi applications. In the immediate term, the bulls are striving to break the resistance at $150. If successful, the next target will be at $158.74. Read more: Top crypto price forecast: Popcat, Mog Coin, Kaito, Grass The post Bitcoin and Solana prices are rising: is PepeX a better buy? appeared first on Invezz

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