The cryptocurrency market witnessed a certain bullish action on Thursday, since cryptocurrency traders followed the example of the feeling to start positioning again.
While the market can still fall, analysts are optimistic about what is coming for Bitcoin. The Blockstream CEO, Adam Back, says that Bitcoin will recover strongly. In the short term, analysts say that an increase in appetite for risk will catalyze huge profits for tokens. What does this mean to Bitcoin Pepe (BPEP)?
If BTC becomes parabolic in 2025, could it be now the time to buy BPEP?
Blockstream CEO says that “sellers can only sell once”
Blockstream CEO, Adam Back, is extremely optimistic about Bitcoin.
According to him, the sale pressure that has recently limited BTC will fade. Meanwhile, the purchase pressure promoted by the adoption of ETF and treasury will catapult up rising prices.
“Some fundamental bitcoin data for those who are not optimistic enough… sellers can only sell once and the current purchase pressure of the ETFs, the treasury and DCA companies is 4 to 5 times the mining supply rate, In BTC exchanges it is reducing, etc. And the institutions are just beginning. You are not optimistic enough, ”he shared through X.
What does this mean for the Altcoins and the rest of the market? Could Bitcoin’s presale be an opportunity to buy?
Why are cryptocurrencies excited about Bitcoin Pepe?
According to QCP Capital analysts, the market in general can be prepared for large movements in the future. In an X of February 20, the platform indicated that the cryptocurrency market is gaining impulse, with the approval of Brazil of the first XRP ETF in the world’s cash as a great impulse.
There are also multiple applications for other ETF of Altcoin. The approval in 2025 could light the rest of the market, combining with Trump’s pro-descriptomoned posture to generate a dramatic change in the impulse.
“With the macro conditions that seem favorable, are we preparing for another important movement of the market?” The analysts said.
If the scenario develops as analysts think, then Bitcoin Pepe could be one of the tokens to buy in these first months of 2025. The project, currently in presale, takes Bitcoin to Solana through its PEP-20 standard. The only ICO of BTC memes in the world is a trend, even in Germany.
https://twitter.com/bitcoinpepe_/status/189253101938151481
Bitcoin Pepe: Capa 2 meme for BTC
As layer 2 for memes in BTC, Bitcoin Pepe takes advantage of the tools that the leader of Memecoins have made solar and takes them to Bitcoin. It is a completely new market with great potential, and BPEP stands out as the pioneer.
Without a doubt, the space of Memecoins in Solana has had difficult moments with scandalous releases such as the recent memecoin Libra. However, experts argue that the Solana Blockchain network is the highlight of the new trend and will continue to surpass the rivals in this.
Therefore, Bitcoin Pepe’s L2 initiative has the potential to boost not only Bitcoin’s scalability, but also its usefulness. BPEP seeks to provide opportunities to BTC, adding to its value reserve characteristic with a new Memecoins ecosystem.
Investors who trust decentralized finances and the potential of Memecoins in Bitcoin are also optimistic with Bitcoin Pepe.
The project has raised more than 2.8 million dollars, but with the presale price of only 0.0243 dollars, it could be a huge bargain. It should be noted that the price of the BPP ICO will increase 5 % at each stage of the presale.
For more information about Bitcoin Pepe, visit the Official website.