Revolutionary crypto projects that are accommodative of everyday investors have been particularly popular in recent years. Participants are eyeing entities that will take the cryptocurrency market to the next level and getting onboard while they are still affordable
One such project is Bitcoin Pepe, whose mission is to build “Solana on Bitcoin”. The new meme layer has proved to be Bitcoin’s missing puzzle and savvy investors know better than to overlook this one-of-a-kind opportunity.
Indeed, for its performance and infrastructure, Bitcoin Pepe remains undervalued. As such, this is the ideal time for investors to amass some BPEP tokens before it explodes in Q2’25.
Ripple remains a top performer as more firms file for ETFs
Despite the recent decline, Ripple remains one of the best performing crypto majors. In the past 7 days, its price has surged by $10.93% compared to Bitcoin’s 1.28% and Solana’s decline of 10.37%.
Even with the neutral sentiment in the broader crypto market, it is finding support in Trump’s crypto-friendly administration and the leadership changes made at SEC. Besides, there has been an increase in the filed Ripple ETFs.
The latest proposal acknowledged by the SEC is from Cboe BZX for the listing of WisdomTree XRP Fund. Other filings that the commission has received are from Grayscale, Bitwise, and CoinShares. In Brazil, CVM has approved the world’s first XRP spot ETF, Hashdex Nasdaq XRP Index Fund.
At its current level of $2.7015, the bulls are gathering momentum to break the resistance at $2.7450. If successful, the next target will be at $2.9100. This bullish thesis remains valid for as long as the crypto remains steady above the crucial support zone of $2.3357.
XRP price
Bitcoin Pepe is still undervalued for its robust growth potential
In the recent past, an increasing number of crypto enthusiasts have been looking past the crypto majors for opportunities in cheaper revolutionary projects. This trend, coupled with the ultra-popular meme culture, is what has propelled Bitcoin Pepe to unmatched levels in just a week of its presale.
As the first meme ICO on the Bitcoin network, the project has attracted a large community of everyday investors as well as those looking to launch meme coins on the most popular and stable blockchain.
As highlighted on its website, its mission is to build “Solana on Bitcoin”. This means that it will combine the speed of Solana with Bitcoin’s security to create a product that assures investors of low fees and instant transactions.
It is this vision that had investors rushing to amass some BPEP tokens as soon as the presale was launched on 11th February. Within the first 24 hours, it had already surpassed the $1 million mark. A week later, the momentum is still steady, with the project raising over $2.7 million as at the time of writing.
Based on its model, it will go through a total of 30 stages before hitting the public shelves in Q2’25. With each stage, BPEP token price will surge by about 5%.
What started at $0.021 is now in Stage 4 at $0.0243, and is set to end the presale at $0.0864. This means that the early adopters are already sitting on hefty gains that will further increase by multiple folds in the coming weeks. Find out how to buy Bitcoin Pepe here.
Bitcoin price analysis: Death cross sounds alarm among the bulls
Bitcoin price chart | Source: TradingView
Bitcoin’s fundamentals remain in favor of the bulls as the market participants remain expectant of the 2025 bull run. Indeed, some analysts forecast that eased regulatory pressures and increased adoption will bolster the crypto major to $200,000 by the end of the year.
However, in the absence of a key near-term catalyst, bitcoin price may remain in the current consolidation phase for a while longer. Infact, a look at its daily chart points to possible losses before the bulls can reignite the uptrend.
The 25 and 50-day EMAs have converged around $87,500. With buyers largely staying on the sidelines, the two indicators may form the bearish death cross pattern as the short-term MA crosses the medium-term one to the downside.
If that happens, $98,645 will remain a tough resistance level as the bulls strive to defend the support zone of $93,500 on the downside. A decline past that range may have the bears target the lower support level of $91,121.
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