Bitcoin Dip Pause: Good Time to Buy the Dip?

bitcoin saw a sharp 1.7% rise in early trading on Friday, with some analysts predicting that the cryptocurrency's rebound could extend into Trump's inauguration. So is now a good time to buy the dip?

The broader market also recovered after an overnight drop in the United States. The market is up nearly 1.6% today, with bitcoin and ethereum among the top performers, rising 1.67% and 1.1%, respectively, according to CoinMarketCap.

Above meme coins also recovered with top performers including Dogecoin, Shiba Inu and Pepe all showing substantial gains in the last 24 hours. Dogecoin rose 2.8%, Shiba Inu 4.5%, and Pepe 3.8%.

With bitcoin and the broader market making a comeback, many traders are now looking for opportunities to buy the dip.

<blockquote class="twitter-tweet” data-width=”550″ data-dnt=”true” wp_automatic_readability=”7.3894736842105″>

BULLISH MOVEMENT! In just 10 days, ultra pro max <a target="_blank" href="https://twitter.com/hashtag/bitcoin?src=hash&ref_src=twsrc%5Etfw”>#bitcoin Supporter Donald Trump takes office!
Will this trigger the next big <a target="_blank" href="https://twitter.com/hashtag/btc?src=hash&ref_src=twsrc%5Etfw”>#btc meeting? <a target="_blank" href="https://twitter.com/hashtag/CryptoNews?src=hash&ref_src=twsrc%5Etfw”>#CryptoNews <a target="_blank" href="https://twitter.com/hashtag/Trump?src=hash&ref_src=twsrc%5Etfw”>#Triumph <a target="_blank" href="https://twitter.com/hashtag/bitcoin?src=hash&ref_src=twsrc%5Etfw”>#bitcoin <a target="_blank" href="https://twitter.com/hashtag/Bullish?src=hash&ref_src=twsrc%5Etfw”>#Bullish <a target="_blank" href="https://twitter.com/hashtag/btc?src=hash&ref_src=twsrc%5Etfw”>#btc <a target="_blank" href="https://twitter.com/hashtag/Finance?src=hash&ref_src=twsrc%5Etfw”>#Finance <a target="_blank" href="https://twitter.com/hashtag/MarketUpdate?src=hash&ref_src=twsrc%5Etfw”>#MarketUpdate <a target="_blank" href="https://twitter.com/hashtag/Investing?src=hash&ref_src=twsrc%5Etfw”>#Invest <a target="_blank" href="https://twitter.com/hashtag/royalraja4u?src=hash&ref_src=twsrc%5Etfw”>#royalraja4u
Follow <a target="_blank" href="https://twitter.com/Royalraja4u?ref_src=twsrc%5Etfw”>@royalraja4u for the last… pic.twitter.com/1V4uxWr0Wt

— Royal Raja (Vikram Gurjar) (@Royalraja4u) <a target="_blank" href="https://twitter.com/Royalraja4u/status/1877720323035951303?ref_src=twsrc%5Etfw”>January 10, 2025

Are these pre-sales the best ways to buy the dip?

So what could be the next successful projects that cryptocurrency traders should consider purchasing? Among the many interesting projects at the moment are pre-sale tokens which have the added advantage of offering protection against market turbulence, at least until they list. Here are some analyst favorites:

Pepe Wall Street

A new spin-off from meme currency titan Pepe is the hottest pre-sale right now. Wall Street Pepe (WEPE) has already surpassed $45.3 million in funding in about five weeks since its launch, and is on track to become one of the most successful ICOs of all time.

WEPE hates secret whale investors who hide in dark corners plotting their moves and aims to level the playing field for the little guys. Therefore, the platform offers trading calls and market information to help small traders invest like the professionals.

<blockquote class="twitter-tweet” data-width=”550″ data-dnt=”true” wp_automatic_readability=”5.4153846153846″>

It just reached $45 million. A great GM for the Wepe army. pic.twitter.com/dIT3TPAroM

—Wall Street Pepe (@WEPEToken) <a target="_blank" href="https://twitter.com/WEPEToken/status/1877645856372842553?ref_src=twsrc%5Etfw”>January 10, 2025

solaxy

Solaxy ($SOLX) is a new Solana-based Layer 2 meme coin that provides fast transactions and scalability to help the Solana network overcome its congestion issues. The project has already raised nearly $9.4 million in pre-sale funding.

meme index

Meme Index (MEMEX) is an innovative new project that gives investors the opportunity to invest in diversified baskets of meme coins for the first time.

It offers four indices tailored to your risk profiles and investment strategies: Meme Titan, Moonshot, Midcap and Meme Frenzy. The lowest risk option is Meme Titan, which invests in meme coin titans like Dogecoin, Shiba Inu, and Pepe.

The riskiest option is Meme Frenzy, which invests in some of the most speculative projects out there. It comes with high risk and potentially explosive rewards.

The project has already raised more than $2.1 million in its pre-sale.

flockerz

Flockerz (FLOCK) is another major new crypto project whose pre-sale has surpassed $9.2 million. The project is based on a vote-to-win model, meaning that token holders who vote on key project decisions are rewarded with FLOCK tokens.

<blockquote class="twitter-tweet” data-width=”550″ data-dnt=”true” wp_automatic_readability=”5.2″>

The Flock likes it shaken, not stirred pic.twitter.com/iXLqvH5g4J

—Flockerz (@FlockerzToken) <a target="_blank" href="https://twitter.com/FlockerzToken/status/1877604111199383572?ref_src=twsrc%5Etfw”>January 10, 2025

This is the first decentralized project of its kind and is designed to ensure decentralization and community governance. FLOCK pre-sale ends in less than 12 days.

Best wallet

Last but not least is Best Wallet (BEST), an all-in-one platform for exploring the Web3 ecosystem that offers access to decentralized exchanges and has all the tools to store and manage cryptocurrencies on multiple blockchains.

A unique and unusual feature of a crypto wallet is its “Upcoming Tokens” section. This helps users find new and promising tokens before they are released.

For example, he marked Catslap (SLAP) early, a meme coin that later rose over 3,500% for early investors.

The BEST token has surpassed $6.8 million in funds raised in its pre-sale.

Related articles