Should you invest in Bitcoin Pepe while BTC increases over $ 88,000?
Should you invest in Bitcoin Pepe while BTC increases over $ 88,000?
- Bitcoin rose over $ 88,000 during the Asian session on Tuesday
- The strong recovery of Bitcoin gradually restores the risk of risk in the cryptom market.
- The pre -sale of Bitcoin Pepe continues to accelerate and the interest of the investors shows no signs of slowing down.
Bitcoin rose over $ 88,000 during the Asian session on Tuesday and reached a daily high of $ 88,821
The increase takes place, while the US dollar became weaker after US President Donald Trump had attacked the Federal Reserve, Jerome Powell, in his recent statements because he had noticed interest.
Bitcoin increased by 12% in the two weeks until April 22, although the trade conflicts between the large global economies continued to escalate.
The strong recovery of Bitcoin is gradually restoring the risk of risk in the cryptom market and attracts speculative capital that into aspiring projects such as Bitcoin Pepe flows.
While the recovery unfolds, investors are increasingly attracted to Bitcoin-related initiatives that combine familiarity with differentiated narratives or benefits and are therefore well positioned in order to benefit from the new market interest.
The safe port appell from Bitcoin
Bitcoin increasingly decoupled from US shares and behaves more like a safe harbor, with the latest price fluctuations in agreement with those of precious metals.
The cryptocurrency rose by 12%in the two weeks until April 22, despite escalating trade conflicts between the USA and China and sharp customs survival on both sides.
Bitget Research leads the movement to a weaker dollar and the increasing correlation of Bitcoin with gold, which reinforces its charm as protection against inflation.
The data from Glassnode show that the number of wallets that hold more than 1,000 BTC has reached a four -month high, at the levels that were last seen after Donald Trump's election gain during the climb.
to support the bullish sentiment, the co-founder of Bitmex, Arthur Hayes, suggested that this could be the last phase to accumulate Bitcoin below $ 100,000, and named return purchases of US state bonds and increasing Mark Liquidity as likely catalysts for the next larger outbreak.
On Monday, US spot bitcoin ETFs also recorded net inflows of $ 381.4 million, the highest daily value since January 30th.
Why a Bitcoin rally is good for Bitcoin Pepe
A Bitcoin rally typically lifts the general market development, pulls capital back to the cryptoma market and highlights old coins, especially meme token.
Bitcoin Pepe is able to benefit from this dynamic.
As the first Meme-focused Layer 2, which is built on Bitcoin, it combines the safety of the network with a solana-like scalability.
its positioning at the interface between Bitcoin infrastructure and meme speculation makes it well suited to grasp speculative tributaries, since the strength of Bitcoin revives the risk of risk in the entire market.
The advance sale of Bitcoin Pepe offers an enormous opportunity
The advance sale of Bitcoin Pepe continues to accelerate and the interest of the investors shows no signs of slowing down.
The project that introduces the PEP 20 token standard for providing meme coins directly in the Bitcoin network has collected over $ 6.8 million since its start.
Pre -sale is structured in 30 progressive phases and has a price increase of about 5% per round.
BPEP has already risen from its opening price from $ 0.021 to $ 0.031 in phase 9 - a return of more than 40% for early participants.
The offer is about to enter its tenth phase as soon as the total income exceeds the $ 7.78 million mark.
The dynamics have increased steadily, with each subsequent phase closing faster than the previous, driven by increasing speculative demand.
If the advance sale continues its current course, bpep expected in its last phase, which increases the view of three -digit returns offers for the earliest investors.
You should invest in Bitcoin Pepe, while BTC rises above 88k? first appeared on coin journal.
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