The crypto market is striving for a recovery even as fear remains the main emotion in the space. While most majors appear to have found their footing, most have found resistance along crucial levels.
In the same breath, savvy investors are looking for opportunities in fresh projects with robust growth potential. Bitcoin Pepe, the only meme ICO on the Bitcoin network is one such platform. By bringing the meme culture home to the steady BTC network, investors get the best of both worlds. This also includes lower transaction fees and Solana-style speed.
Bitcoin price pauses on its road to recovery
Data from SoSoValue shows that BTC spot ETFs recorded net outflow of $1.03 million on Friday. Out of the top 12 ETFs, CBOE’s ARK 21Shares Bitcoin ETF recorded net inflow of $11.28 million. The rest recorded zero flow with the Bitwise Bitcoin ETF recording daily net outflow of $12.31 million.
Notably, this data points to the persistent selling pressure. While the market strives for a recovery, buyers appear hesitant to place huge bets on their preferred tokens.
A look at Bitcoin’s daily price chart shows the crypto major experiencing resistance along the 50-day EMA at $85,930. With the entry of more buyers, the bulls will have an opportunity to rally further towards the next target at $89,075. On the lower side, I expect $82,000 to remain a steady support zone in the short term.
Bitcoin Pepe sees heightened interest in stage 8, here’s why
The crypto market has been rather unpredictable in recent months as Trump’s aggressive tariffs fueled a risk-off mood. Even so, savvy investors remain on the lookout for meme coins with real-world use cases with the potential for explosive growth.
Bitcoin meme, the world’s first Bitcoin meme ICO offers exactly that. Indeed, its infrastructure and robust potential have investors steadily flocking to purchase some BPEP tokens before they hit the public shelves in Q2.
Since the launch of its presale on 11th February, the project has raised over $6.5 million; selling out the first 7 stages. During that period, early adopters have secured 33.8% in cumulative gains. What started at a token price of $0.0210 is currently at $0.0295 and is expected to be at $0.0864 by the end of the 30 stages.
Besides, beyond the current presale, BPEP has the potential to record 100X growth in the ensuing months. By integrating the meme Layer 2 solution into the Bitcoin network, Bitcoin Pepe appears to be the needed bridge between meme coins and Bitcoin.
Investors get to enjoy the BTC network’s security and stability while benefiting from meme culture’s ability to transform a low-investment project into a cash cow. Besides, the concept of “building Solana on Bitcoin” ensures Solana-style transaction speed and low transaction fees. Hurry up and buy Bitcoin Pepe here.
Cardano price faces resistance along short-term MA as fear persists
Cardano price continues to trade below the 25 and 50-day EMAs as economic uncertainties weigh on the crypto market. Indeed. Fear is still the main emotion shaping the sector. Compared to a neutral level of 45 in the previous session, the sentiment has dropped to a fear level of 31 in Monday’s session.
As seen on its daily price chart, Cardano price has held steady above $0.6000 even as the bulls strive to break the resistance along the 25-day EMA at $0.6595. If successful, the next target will be along the 50-day EMA at $0.7000.
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