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Invezz 2025-02-17 06:49:00

Bitcoin Pepe presale surpasses $2M as altcoins face market turbulence

In recent years, meme coins have become a popular choice for investors seeking more affordable alternatives to the established giants of the crypto world. This sector has grown significantly, with a market cap now surpassing $75 billion. However, combining the fun and excitement of meme coins with the security and reliability of the Bitcoin network creates a winning formula. This is exactly what Bitcoin Pepe is offering, and it’s already making waves in the crypto space. Bitcoin Pepe’s presale hits $2.48M Launched on February 11, Bitcoin Pepe’s presale has quickly gained traction, already surpassing $2 million in early funding. As of now, the presale has raised an impressive $2.48 million. The growing popularity of the token has attracted investors eager to purchase BPEP tokens at the currently low price of $0.0243. Crypto market faces macroeconomic challenges The global cryptocurrency market has experienced significant turbulence this week, mainly due to macroeconomic factors impacting the US economy. January’s Consumer Price Index (CPI) came in hotter than expected at 3% year-over-year, while the Producer Price Index (PPI) also surpassed expectations, rising to 3.5%. As a result, risk assets like cryptocurrencies have seen lackluster performance. Further adding to the uncertainty, new trade tariffs proposed by former US President Donald Trump have sparked concerns about an escalating global trade war. These factors have contributed to volatility in the cryptocurrency market, with Bitcoin and other altcoins facing considerable price fluctuations over the past week. Bitcoin closed at $97K, marking a modest 0.5% increase in the last seven days, while Ethereum gained 1%, closing near $2,700. Despite these challenges, the broader market has shown some resilience, with cryptocurrencies closing the week in the green. Can Bitcoin and altcoins gain ground? While the broader market faces pressures, recent developments related to Exchange-Traded Funds (ETFs) have fueled optimism, with some altcoins showing growth potential. Bitcoin continues to attract attention from investors, but other coins, like XRP, have also been making headlines. The US SEC’s acknowledgment of XRP ETF filings from Grayscale and 21Shares has generated positive buzz, alongside growing optimism for potential Solana (SOL) and Dogecoin (DOGE) ETFs. Bitcoin Pepe gains traction Bitcoin Pepe is already carving out its space in the crypto world. Investors are drawn to its potential to blend meme culture with the Bitcoin network’s stability. This innovative project is the first meme-focused Layer 2 solution built on the Bitcoin network, combining Solana’s fast scalability with Bitcoin’s robust security. This unique fusion positions Bitcoin Pepe as one of the most promising ICOs to watch for 2025. Currently, the presale is set to unfold over 30 stages before reaching the public in Q2 2025, making it an ideal time for early adopters to capitalize on potential gains. Looking at past successes of meme coins like Dogecoin and major cryptocurrencies like Bitcoin, investors can see the incredible growth potential Bitcoin Pepe has. Bitcoin, which started with minimal value about 15 years ago, now boasts a market cap of $1.9 trillion. Bitcoin Pepe, leveraging the power of the Bitcoin network for meme coin trading, is on track for similar exponential growth. With such a promising outlook, now is the perfect time to get in early. Don’t miss out on the opportunity— purchase your Bitcoin Pepe tokens today ! The post Bitcoin Pepe presale surpasses $2M as altcoins face market turbulence appeared first on Invezz

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