The altcoin revival is in full swing, even in spite of Bitcoin’s immense dominance of late.

After Bitcoin reclaimed $100,000 earlier this week, capital is now rotating into Ethereum, memecoins, and high-potential presales in what looks like the beginning of a spectacular market-wide breakout.

Ethereum’s been the star performer this week, surging 30% in seven days and blasting through the critical $2,400 level. This strong, continuous movement in the ETH price follows its Pectra upgrade, which dramatically improved the blockchain’s scalability and user experience.

Meanwhile, Dogecoin’s incredible 26% 7-day pump has pushed it above $0.22, triggering a wave of short liquidations and confirming what many traders suspected—meme coin season is in the midst of a comeback.

DOGE’s 24-hour volume has jumped to $4.5 billion—a 74% increase that validates the strength of this breakout. With Binance’s long-to-short ratio sitting at 2.46, according to CoinJournal, it’s clear that traders are positioning for further upside.

And in the presale space, Bitcoin Pepe—the world’s ONLY Bitcoin Layer 2 ICO—keeps stacking millions as the countdown to May 31st continues. The presale just cracked $7.7 million and is eyeing up the $8 million mark with three weeks still on the clock.

With the current price still offering ground-floor access for such an exciting project with sky-high potential, it ranks among the best crypto to buy now, with limited time left to get involved.

Ethereum: The smart contract pioneer is riding its Pectra upgrade

Ethereum is the world’s second-largest cryptocurrency and the leading smart contract platform. While 2024 was somewhat of a struggle for the ETH price, its Pectra upgrade, which went live on May 7th, has transformed its performance.

Plus, some bullish analysts are speculating that $10,000 could become a realistic target in the months ahead, especially now that leading companies like Fidelity have received recent approval for staking ETH ETFs, according to Bloomberg.

Ethereum target: $10,000 — coming very soon.

Anyone who claims otherwise simply doesn't know what they're talking about.

$ETH #ETH #Ethereum #Altcoins pic.twitter.com/K86uZnM1kV

— Anish Goverdhan, MBA, MAcc, PH.D in progress (@Anish_Gov) May 23, 2024

After months of sideways action since March, the ETH price has finally moved upward with conviction, clearing multiple resistance levels in a matter of days. Long-term Ethereum traders were confident this would happen, as ETH has often underperformed in Q1, falling by some 45% this year and over 40% in 2018, to bounce back in Q2.

Technical analysts note that ETH’s chart now shows a clear higher-high, higher-low pattern—the hallmark of a healthy uptrend. With most indicators pointing bullish and on-chain data showing significant accumulation, Ethereum could be setting up for an extended run toward its previous all-time highs.

Dogecoin: The OG meme coin breaking key resistance

Dogecoin was created in 2013 with the goal of making crypto fun and accessible. And that’s precisely what it did. What followed is the meme coin phenomenon that upended what most economists thought they knew about modern finance.

DOGE’s recent 26% rise has driven the price above the critical $0.22 level that had capped rallies since February. With this, approximately $13 million in bearish bets were liquidated in 24 hours, as short sellers were forced to unwind their positions, according to FXStreet.

If the current market formation plays out as expected, it could target the $0.24 zone in the coming days, representing another 10% gain from current levels.

As crypto’s original meme asset, Dogecoin often serves as a faithful yardstick for the entire sector. When DOGE gains momentum, it frequently foreshadows broader rallies across similar tokens—making it both an investment opportunity and a valuable market indicator.

Bitcoin Pepe: Layer 2 solution powering Bitcoin’s evolution

Bitcoin Pepe is a groundbreaking Layer 2 built specifically for Bitcoin that’s about to revolutionize the entire ecosystem. This isn’t just another Layer 2—it’s the world’s first meme-centric ICO on the Bitcoin network, delivering what devs are calling “Solana on Bitcoin,” with lightning-fast transactions on crypto’s original network.

While everyone’s watching ETH and DOGE pump this week, BPEP is preparing for its May