• Bitcoin bull Michael Saylor has predicted that Bitcoin will hit $1 million.
• In a situation the place Bitcoin crosses the $1 million mark, high-risk, high-reward belongings like Bitcoin Pepe may see outsized positive aspects.
• The undertaking’s ongoing presale has raised greater than $14 million. The BPEP token is at the moment priced at $0.0416.

The whole cryptocurrency market capitalisation rose 1% up to now 24 hours, extending its weekly positive aspects to almost 4% and reaching $3.45 trillion.

This degree was final examined throughout a consolidation section a number of weeks in the past. The present gradual climb resembles previous cycles, the place positive aspects got here with intermittent pauses reasonably than parabolic surges.

A continuation of the constructive sentiment may push the market in direction of its all-time excessive of $3.7 trillion.

The rising affect of institutional {and professional} capital has tempered retail-driven FOMO, leading to a steadier, extra sustainable ascent—a development extra conducive to long-term funding methods.

Bitcoin is buying and selling above $109,000, however upward momentum is encountering resistance close to $110,000.

Promoting strain is prone to intensify because it approaches the $112,000 degree—the earlier all-time excessive from late Might.

Nevertheless, Bitcoin bull Michael Saylor stays firmly bullish on the cryptocurrency. He has predicted that Bitcoin could hit $1 million.

A rally of such magnitude wouldn’t solely profit Bitcoin holders but additionally carry the broader cryptocurrency market.

In a situation the place Bitcoin crosses the $1 million mark, high-risk, high-reward belongings like Bitcoin Pepe may see outsized positive aspects.

Such a breakout would seemingly reignite speculative urge for food throughout the market, drawing capital into smaller, meme-infused tokens that supply the potential for exponential returns.

Bitcoin Pepe stands on the intersection of two highly effective narratives: its alignment with Bitcoin’s infrastructure and its deep roots in web meme tradition.

This twin positioning strengthens its attraction in bull markets, the place investor demand for novelty and uneven upside intensifies.

Is BTC going to hit $1 million?

Technique’s Michael Saylor has dismissed considerations a couple of return of the crypto market winter, asserting that Bitcoin’s accelerating adoption and shrinking each day provide set the stage for a rally to $1 million.

“Winter is not coming back,” Saylor advised Bloomberg on Tuesday. “We’re past that phase; if Bitcoin’s not going to zero, it’s going to $1 million.”

Saylor famous that solely round 450 Bitcoins can be found on the market every day from miners, price roughly $50 million at present costs of about $109,859, per CoinMarketCap.

“If that $50 million is bought, then the price has got to move up,” he mentioned.

He additionally pointed to the rising variety of public firms buying Bitcoin, which he claims are absorbing “the entire natural supply.”

Technique, Saylor’s agency, has accrued 582,000 Bitcoin since 2020, at the moment valued at roughly $63.85 billion, in accordance with information from Saylor Tracker.

Bitcoin Pepe is hovering amid bullish momentum

A renewed surge in Bitcoin, fueled by institutional capital inflows, is reigniting danger urge for food throughout the broader cryptocurrency market.

Among the many standout beneficiaries is Bitcoin Pepe — a undertaking straddling the intersection of meme coin tradition and blockchain infrastructure.

Billed as the primary meme-centric Layer 2 community constructed on Bitcoin, Bitcoin Pepe goals to merge the bottom layer’s safety with Solana-style scalability.

This technical positioning, coupled with a robust meme narrative, has helped the undertaking entice rising consideration.

The continuing presale has raised greater than $14 million forward of a scheduled itemizing announcement on June 17, reflecting strong investor curiosity as capital rotates into early-stage, high-upside alternatives.

The BPEP token is at the moment priced at $0.0416.

To bolster its Layer 2 ecosystem, Bitcoin Pepe has additionally secured strategic partnerships with tasks akin to GETE Community, Catamoto, and Plena Finance.

As Bitcoin’s rally continues to gas market enthusiasm, Bitcoin Pepe is leveraging this momentum to cement its standing as a critical contender within the subsequent wave of speculative crypto performs.