Bitcoin Pepe readies for a crypto revolution amidst a risk-off mood – Crypto News – Crypto News
Connect with us
Cboe Exchange files XRP ETFs 19b-4 forms for four issuers Cboe Exchange files XRP ETFs 19b-4 forms for four issuers

Cryptocurrency

Bitcoin Pepe readies for a crypto revolution amidst a risk-off mood – Crypto News

Published

1 week ago

on

Crypto majors have remained under pressure despite President Trump’s talks of a US crypto reserve. Amid the tariff jitters and economic uncertainties, the market is in a risk-off mood.

Nonetheless, savvy investors continue to look for opportunities beyond the majors. Bitcoin Pepe, the first meme ICO on Bitcoin’s network, is one of the projects on meme lovers’ radar. Its one-of-a-kind infrastructure and virality have positioned it for a crypto revolution with its early adopters earning heftily in the process.

Bitcoin price caught between risk-off mood and bull run optimism

Bitcoin price is back above the crucial support zone of $85,000 after plunging below it in the previous session. However, the market remains noisy as extreme fear overshadows the highly anticipated bull run of 2025.

In the near term, the bulls will likely face resistance along the 25-day EMA at $92,177. That may yield range-bound trading with the major finding support at $85,073. Further rebounding will place the next target at $94.553. 

Bitcoin Pepe sets the stage for a crypto revolution

The meme culture has revolutionized the crypto market as savvy investors look for profitable opportunities in affordable projects with huge growth potential. The popularity of meme coins has boosted the market to a market cap of $59 billion according to CoinGecko.

It is no wonder Bitcoin Pepe, the first meme ICO on the Bitcoin network, has caught the industry by storm. About three weeks since the launch of its presale, the project has already sold out its first 5 stages. During that period, it has raised over $3.8 million. Besides, its token price has surged by 27.6% to the current $0.0268. 

Indeed, Bitcoin Pepe is designed in favor early adopters. By the end of the remaining 24 sessions, the token price will have cumulative gains of 311.4% at $0.0864.

This success is not just built on its virality; its infrastructure adds to the project’s growth potential. To begin with, it combines Solana’s speed with Bitcoin’s stability. Besides, the PEP-20 standard enables one to launch meme coins on Bitcoin. It is these factors that are set to sustain the project’s upward momentum before and after its listing in the year’s second quarter. Find out how to buy Bitcoin Pepe here.

Ripple price underperforms as talks of a crypto reserve underwhelms the market

Ripple price extended its gains on Wednesday; erasing some of the losses recorded at the start of the week. Even so, it remains under pressure as investors maintain a risk-off mood with a crypto fear & greed index of 20. Optimism over a US crypto reserve as highlighted by President Trump appears to be fading. 

A look at its daily chart shows the altcoin’s price hovering around the 25 and 50-day EMAs. In the near term, the range between $2.2631 and $2.6065 will be worth watching. Further rebounding will likely have Ripple price find resistance at $2.7450. However, this thesis will be invalidated by a pullback past the lower support zone of $2.1640.

  

Share this article
Categories
Tags

Related Topics:
Continue Reading

Trending