Quick Facts: ➡️ The US market caused Bitcoin to drop over 20% in November 2024, while Asian traders kept buying the dip, highlighting a deep regional sentiment divide. ➡️ Large long-term holders like MicroStrategy and resilient on-chain data support the view that recent price action is a bull-market correction, not a new crypto winter. ➡️ […]Quick Facts: ➡️ The US market caused Bitcoin to drop over 20% in November 2024, while Asian traders kept buying the dip, highlighting a deep regional sentiment divide. ➡️ Large long-term holders like MicroStrategy and resilient on-chain data support the view that recent price action is a bull-market correction, not a new crypto winter. ➡️ […]

Asia Buys Bitcoin Dip While US Sells: Analysts Explain Why as PEPENODE is a Smart Buy

2025/11/21 20:49
5 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

Quick Facts:

  • ➡ The US market caused Bitcoin to drop over 20% in November 2024, while Asian traders kept buying the dip, highlighting a deep regional sentiment divide.
  • ➡ Large long-term holders like MicroStrategy and resilient on-chain data support the view that recent price action is a bull-market correction, not a new crypto winter.
  • ➡ As liquidity rotates from $BTC into higher beta assets after corrections, mine-to-earn and gamified memecoins may capture outsized upside – especially in Asian markets – relative to more established altcoins.

In late 2024, you watched something unusual play out on the Bitcoin chart.

US trading hours drove a slide of more than 20% in November, triggering the classic question: Is the crypto winter back?

Yet, Asian sessions continued to step in and buy the dip in bitcoin, creating a sharp regional split in sentiment. On-chain analyst Ki Young Ju pointed to one key structural reason the market did not unravel more deeply:

MicroStrategy now holds around 649,870 $BTC, a strategic treasury position that effectively removes a huge amount of supply from circulation and dampens the kind of capitulation past cycle theory might predict.

Fidelity Digital Assets executive Chris Kuiper framed the move as a textbook 20% to 30% correction within a broader bull structure, not the start of a new bear market.

There was no major negative news catalyst, on-chain activity remained resilient, and Asian desks continued to average in, all of which suggested a confidence gap rather than a thesis breakdown.

If you believe this is a temporary dislocation rather than a macro top, the question shifts from “will bitcoin dip again?” to “what high-upside narratives could outperform on the next leg up?”

That is where PEPENODE, a “mine‑to‑earn” memecoin experiment, enters the conversation as a speculative bet on engagement-driven token economies.

You can also delve deeper into our PEPENODE price prediction, which outlines how prices could range from $0.0014 to $0.0023 in 2025, expand to $0.0021–$0.0072 in 2026, and potentially reach $0.0123–$0.0244 by 2030, representing upside scenarios as high as 2,282%.

Asia’s Dip-Buying And The Hunt For High-Beta Plays

The divergence between US sellers and Asian buyers matters because it tells you who is willing to fund the next wave of crypto risk.

When Asia accumulates spot $BTC into a 20%+ drawdown while the US derisks, liquidity tends to rotate into higher beta altcoins once downside pressure eases.

In past cycles, that rotation flowed into narrative leaders like Dogecoin, Shiba Inu, and, more recently, Pepe, with their combined market caps frequently adding billions of dollars within weeks after major Bitcoin reversals.

These memecoins offer no hard cash flow, but they do offer asymmetric upside when liquidity, leverage, and social media attention align.

This time, the memecoin sector is colliding with “play‑to‑earn” mechanics and engaging mining models. Projects such as Notcoin on Telegram, mining-themed clickers on Solana, and speculative node ecosystems on BNB Chain are all trying to turn casual interaction into token distribution.

PEPENODE positions itself as one of these experiments, focused specifically on a virtual mining experience rather than pure meme rotation.

Visit the PEPENODE website for a closer look at the project.

Why PEPENODE’s Mine-To-Earn Memecoin is Gaining Traction

One reason interest is shifting to mine‑to‑earn concepts is that classical mining has become almost unreachable for the average retail user.

  • Bitcoin ASICs cost thousands of dollars,
  • Home electricity prices have climbed,
  • And institutional hash power now dominates block production.

The process is capital-intensive, technical, and, frankly, boring for most people.

Gamified mining flips that model. Instead of buying hardware, you buy virtual miners or nodes and interact through a web or mobile interface.

The PEPENODE mining workflow If the design is good, you get the psychological hit of “running a farm” with visible hash stats, boosts, and upgrades, while the protocol uses smart contracts to manage emissions and rewards.

The token becomes both a meme and an in‑game resource.

$PEPENODE leans into this by branding itself as the world’s first mine‑to‑earn memecoin, making it one of the best cryptos to buy now.

Rather than promising industrial-grade yields, it focuses on a virtual mining system, a gamified dashboard, and variable-strength nodes that reward early adopters.

Compared with static meme tokens that rely solely on community hype, it attempts to hook users with ongoing gameplay and progression.

For detailed presale instructions, read our ‘How to Buy $PEPENODE guide’.

Is PEPENODE the Next Crypto to Explode?

When you look under the hood, $PEPENODE runs as an ERC‑20 token on Ethereum’s proof‑of‑stake layer.

Smart contracts control staking, rewards, and ultimately governance, but the front‑end experience is framed as a mining game:

  • You buy and customize Miner Nodes,
  • Upgrade facilities to boost performance,
  • And earn meme coin rewards, such as PEPE or Fartcoin, in the process.

The upcoming model tries to fix three issues at once:

  • First, it replaces passive, hardware-heavy mining with low-friction virtual mining that uses no electricity beyond regular internet access.
  • Second, it directly addresses weak early incentives by giving initial PEPENODE supporters more powerful nodes and higher reward multipliers.
  • Third, it strips away technical complexity so anyone with a wallet can participate.

The PEPENODE mining workflowThe project’s timing is notable.

While traders argue over the next bitcoin dip level, the $PEPENODE presale has raised $2.17M, with tokens priced at $0.0011592. The staking rewards are also too good to ignore at 593%.

If Asian desks remain net buyers of $BTC and the pullback behaves like a standard 20% to 30% correction, high-beta plays could outperform once volatility compresses.

In that scenario, $PEPENODE offers a pure sentiment and participation bet on memecoins evolving from simple jokes into interactive mining-themed economies.

Join the $PEPENODE presale for $0.0011592 before the next price surge.

Disclaimer: This article is for informational purposes only and does not constitute financial, investment or trading advice; always do your own research.

Authored by Bogdan Patru for Bitconist – https://bitcoinist.com/asia-buys-bitcoin-dip-pepenode-mine-to-earn-memecoin

Market Opportunity
Smart Blockchain Logo
Smart Blockchain Price(SMART)
$0.004043
$0.004043$0.004043
+1.07%
USD
Smart Blockchain (SMART) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Adoption Leads Traders to Snorter Token

Adoption Leads Traders to Snorter Token

The post Adoption Leads Traders to Snorter Token appeared on BitcoinEthereumNews.com. Largest Bank in Spain Launches Crypto Service: Adoption Leads Traders to Snorter Token Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Leah is a British journalist with a BA in Journalism, Media, and Communications and nearly a decade of content writing experience. Over the last four years, her focus has primarily been on Web3 technologies, driven by her genuine enthusiasm for decentralization and the latest technological advancements. She has contributed to leading crypto and NFT publications – Cointelegraph, Coinbound, Crypto News, NFT Plazas, Bitcolumnist, Techreport, and NFT Lately – which has elevated her to a senior role in crypto journalism. Whether crafting breaking news or in-depth reviews, she strives to engage her readers with the latest insights and information. Her articles often span the hottest cryptos, exchanges, and evolving regulations. As part of her ploy to attract crypto newbies into Web3, she explains even the most complex topics in an easily understandable and engaging way. Further underscoring her dynamic journalism background, she has written for various sectors, including software testing (TEST Magazine), travel (Travel Off Path), and music (Mixmag). When she’s not deep into a crypto rabbit hole, she’s probably island-hopping (with the Galapagos and Hainan being her go-to’s). Or perhaps sketching chalk pencil drawings while listening to the Pixies, her all-time favorite band. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree Source: https://bitcoinist.com/banco-santander-and-snorter-token-crypto-services/
Share
BitcoinEthereumNews2025/09/17 23:45
The Role of Reference Points in Achieving Equilibrium Efficiency in Fair and Socially Just Economies

The Role of Reference Points in Achieving Equilibrium Efficiency in Fair and Socially Just Economies

This article explores how a simple change in the reference point can achieve a Pareto-efficient equilibrium in both free and fair economies and those with social justice.
Share
Hackernoon2025/09/17 22:30
Unlocking Massive Value: Curve Finance Revenue Sharing Proposal for CRV Holders

Unlocking Massive Value: Curve Finance Revenue Sharing Proposal for CRV Holders

BitcoinWorld Unlocking Massive Value: Curve Finance Revenue Sharing Proposal for CRV Holders The dynamic world of decentralized finance (DeFi) is constantly evolving, bringing forth new opportunities and innovations. A significant development is currently unfolding at Curve Finance, a leading decentralized exchange (DEX). Its founder, Michael Egorov, has put forth an exciting proposal designed to offer a more direct path for token holders to earn revenue. This initiative, centered around a new Curve Finance revenue sharing model, aims to bolster the value for those actively participating in the protocol’s governance. What is the “Yield Basis” Proposal and How Does it Work? At the core of this forward-thinking initiative is a new protocol dubbed Yield Basis. Michael Egorov introduced this concept on the CurveDAO governance forum, outlining a mechanism to distribute sustainable profits directly to CRV holders. Specifically, it targets those who stake their CRV tokens to gain veCRV, which are essential for governance participation within the Curve ecosystem. Let’s break down the initial steps of this innovative proposal: crvUSD Issuance: Before the Yield Basis protocol goes live, $60 million in crvUSD will be issued. Strategic Fund Allocation: The funds generated from the sale of these crvUSD tokens will be strategically deployed into three distinct Bitcoin-based liquidity pools: WBTC, cbBTC, and tBTC. Pool Capping: To ensure balanced risk and diversified exposure, each of these pools will be capped at $10 million. This carefully designed structure aims to establish a robust and consistent income stream, forming the bedrock of a sustainable Curve Finance revenue sharing mechanism. Why is This Curve Finance Revenue Sharing Significant for CRV Holders? This proposal marks a pivotal moment for CRV holders, particularly those dedicated to the long-term health and governance of Curve Finance. Historically, generating revenue for token holders in the DeFi space can often be complex. The Yield Basis proposal simplifies this by offering a more direct and transparent pathway to earnings. By staking CRV for veCRV, holders are not merely engaging in governance; they are now directly positioned to benefit from the protocol’s overall success. The significance of this development is multifaceted: Direct Profit Distribution: veCRV holders are set to receive a substantial share of the profits generated by the Yield Basis protocol. Incentivized Governance: This direct financial incentive encourages more users to stake their CRV, which in turn strengthens the protocol’s decentralized governance structure. Enhanced Value Proposition: The promise of sustainable revenue sharing could significantly boost the inherent value of holding and staking CRV tokens. Ultimately, this move underscores Curve Finance’s dedication to rewarding its committed community and ensuring the long-term vitality of its ecosystem through effective Curve Finance revenue sharing. Understanding the Mechanics: Profit Distribution and Ecosystem Support The distribution model for Yield Basis has been thoughtfully crafted to strike a balance between rewarding veCRV holders and supporting the wider Curve ecosystem. Under the terms of the proposal, a substantial portion of the value generated by Yield Basis will flow back to those who contribute to the protocol’s governance. Returns for veCRV Holders: A significant share, specifically between 35% and 65% of the value generated by Yield Basis, will be distributed to veCRV holders. This flexible range allows for dynamic adjustments based on market conditions and the protocol’s performance. Ecosystem Reserve: Crucially, 25% of the Yield Basis tokens will be reserved exclusively for the Curve ecosystem. This allocation can be utilized for various strategic purposes, such as funding ongoing development, issuing grants, or further incentivizing liquidity providers. This ensures the continuous growth and innovation of the platform. The proposal is currently undergoing a democratic vote on the CurveDAO governance forum, giving the community a direct voice in shaping the future of Curve Finance revenue sharing. The voting period is scheduled to conclude on September 24th. What’s Next for Curve Finance and CRV Holders? The proposed Yield Basis protocol represents a pioneering approach to sustainable revenue generation and community incentivization within the DeFi landscape. If approved by the community, this Curve Finance revenue sharing model has the potential to establish a new benchmark for how decentralized exchanges reward their most dedicated participants. It aims to foster a more robust and engaged community by directly linking governance participation with tangible financial benefits. This strategic move by Michael Egorov and the Curve Finance team highlights a strong commitment to innovation and strengthening the decentralized nature of the protocol. For CRV holders, a thorough understanding of this proposal is crucial for making informed decisions regarding their staking strategies and overall engagement with one of DeFi’s foundational platforms. FAQs about Curve Finance Revenue Sharing Q1: What is the main goal of the Yield Basis proposal? A1: The primary goal is to establish a more direct and sustainable way for CRV token holders who stake their tokens (receiving veCRV) to earn revenue from the Curve Finance protocol. Q2: How will funds be generated for the Yield Basis protocol? A2: Initially, $60 million in crvUSD will be issued and sold. The funds from this sale will then be allocated to three Bitcoin-based pools (WBTC, cbBTC, and tBTC), with each pool capped at $10 million, to generate profits. Q3: Who benefits from the Yield Basis revenue sharing? A3: The proposal states that between 35% and 65% of the value generated by Yield Basis will be returned to veCRV holders, who are CRV stakers participating in governance. Q4: What is the purpose of the 25% reserve for the Curve ecosystem? A4: This 25% reserve of Yield Basis tokens is intended to support the broader Curve ecosystem, potentially funding development, grants, or other initiatives that contribute to the platform’s growth and sustainability. Q5: When is the vote on the Yield Basis proposal? A5: A vote on the proposal is currently underway on the CurveDAO governance forum and is scheduled to run until September 24th. If you found this article insightful and valuable, please consider sharing it with your friends, colleagues, and followers on social media! Your support helps us continue to deliver important DeFi insights and analysis to a wider audience. To learn more about the latest DeFi market trends, explore our article on key developments shaping decentralized finance institutional adoption. This post Unlocking Massive Value: Curve Finance Revenue Sharing Proposal for CRV Holders first appeared on BitcoinWorld.
Share
Coinstats2025/09/18 00:35