Bitcoin’s price made history on December 5 as it skyrocketed past $100,000 per BTC, finally achieving a goal that many predicted years ago. Traders and investors are now preparing for the start of the Christmas crypto rally, with many expecting BTC to soar even higher because of it.
Bitcoin Finally Hits Long-Term Goal
Numerous experts have reacted to the surge, with some calling it a result of Trump’s decision to back BTC and crypto as a whole.
It is a major achievement for the coin and the wider crypto industry. The coin surged nearly 8% in the last 24 hours, hitting a new all-time high at $103,900 before it corrected to a new support at $98K. Since then, it has been trying to breach the barrier again, but so far, it had little success.
BTC did see a 97% surge in volume over the last 24 hours. Ever since it hit this milestone, the coin has been trading mostly sideways, with only small price fluctuations. The milestone also inspired many altcoins to surge, including Ethereum, which has been up 6% in the last 24 hours and 9% in the past 7 days, and Dogecoin, which has surged 10% daily.
The meme coin market was quick to follow Bitcoin’s lead, and most of the top 10 largest meme coins by market cap are trading in the green on a 24-hour chart, with WIF and POPCAT being the only two exceptions as of the time of writing.
With the Christmas crypto rally expected to start any day now, these meme coins might also see a trend shift in the near future.
Investors were quick to buy circulating meme coins, and many have opted to go after projects that are still in presale, including Flockerz (FLOCK), which saw an ICO that reached the $4.5 million milestone.
JOIN THE FLOCKERZ ICO EARLY AND BUY FLOCK BEFORE IT BLOWS UP
Flockerz ICO Blows Up As Investors Pursue Voting Rewards
The Flockerz ICO emerged several weeks ago, inviting crypto enthusiasts to join its community and become regular participants in the project’s governance. In return, the project promised voting rewards, introduced by its unique new model known as Vote-To-Earn (V2E).
The model rewards users for participating in the voting process and helping the rest of the community decide which proposals should be implemented for the benefit of the project in the long term.
Boosting the number of regular voters through incentives will also ensure high levels of decentralization for the project while the users get their FLOCK rewards, which they can then withdraw or stake in order to earn even more from staking rewards.
BUY FLOCK WHILE ITS PRICE IS LOW
The idea is simple but effective, and as a result, the project’s ICO blew up, already raising over $4.58 million as of the time of writing. Meanwhile, its token, FLOCK, still sells for only $0.0062494 apiece.
With the Christmas crypto rally about to start, many have started buying tokens that are still in presale like FLOCK, as their prices are typically extremely undervalued and are expected to blow up after the presale ends.
