Bitcoin Pepe raises $1m in 24h as listing news creates buy frenzy

Bitcoin Pepe presale hits $1m in a day as Tier 1 listings spark FOMO ahead of May 31 launch.

Viral crypto presale, Bitcoin Pepe, raised $1 million in just 24 hours on Monday May 19, taking its total raise to $10.7m as the ICO approaches its final week.

The influx of buys came as the team announced a series of strategic partnerships with household crypto brands, as well as Tier 1 exchange listings that will go live at 2 pm UTC on May 31.

These co-signs from the likes of Plena Finance, OKX, and ByBit have created a storm of FOMO that could send the price of BPEP soaring when it hits the open market on May 31, with Bitcoin pushing for new all-time highs as an additional tailwind. At a current price of just $0.0359, BPEP is available at a considerable discount given its prospects.

Bitcoin Pepe’s promise of building “Solana on Bitcoin” arrives as BTC receives more attention than ever, emphasizing the value of the layer 2’s improvements on Bitcoin’s core. All three of BPEP’s staking pools are now sold out, indicating that retail is bullish on the token’s outlook over what could be an historic summer for crypto.

Listings and partnerships ignite a BPEP FOMO frenzy

The $1 million raised on Monday doesn’t come as a surprise, given the magnitude of the announcements that preceded it.

Listings on Tier 1 CEXs grants BPEP unprecedented visibility and liquidity. Listings on Binance typically surge by an average of 41% upon listing, thanks to the massive trading volume held on these platforms.

Tokens have rallied by as much as 142% in just 24 hours after T1 listings, and BPEP could follow in these footsteps based on its performance down the presale’s home stretch. With $1 million raised on Monday and FOMO increasing by the day, momentum is building to a fever pitch ahead of open market price discovery.

Buyers have flocked in after a series of strategic partnerships were announced, further increasing BPEP’s visibility and drawing interest from sectors as diverse as DeFi, gaming, and on-chain AI.

These announcements caused all three of BPEP’s staking pools to sell out instantly, showing long-term bullishness as investors lock away their tokens. Not only does this show conviction in the token’s lifespan, but it also means that supply will be constricted on listing day, protecting the price, over 200 million BPEP tokens are off the market until as late as Q4.

With BPEP currently priced at just $0.0359 in the final stages of its ICO, investors are looking at a potential gem. With momentum building, institutional approval, and new wallets turning their eyes to Bitcoin Pepe every day, May 31 could handsomely reward presale investors who spotted the opportunity ahead of mass market adoption.

Bitcoin pushes for all-time highs: What it means for BPEP

As a layer 2 blockchain building “Solana on Bitcoin”, the prospects of Bitcoin Pepe are tied to the outlook of BTC, its host blockchain, a chain on the verge of logging historic new highs.

With ETF inflows breaking records in recent weeks and the BTC price building strong support above $100k, new all-time highs above $109k look inevitable. Institutional adoption is higher than ever, with Bitcoin ETFs adding over $5 billion to their stack and Michael Saylor’s Strategy buying over $1.3 billion worth of BTC in May.

How high can BPEP go?

As the final few days to buy BPEP at presale prices roll around, Bitcoin Pepe can surge on the back of building momentum, Bitcoin strength, and the developing layer 2 economy.

This current “ETF cycle” has sent Bitcoin price predictions skyrocketing, with Polymarket bets putting Bitcoin at $130k by year-end, Standard Chartered saying their $120k prediction is too low and analysts at Bernstein projecting $200k per coin. This massive investment in the Bitcoin ecosystem could brush up against BTC’s limitations, funneling capital towards the solution: BPEP.

Layer 2s on Ethereum have grown inexorably as ETH’s market cap has grown, so expect nothing different from Bitcoin L2s. With BTC worth over 6x more than ETH, the ceiling could be much higher for BPEP, and at a current price of just $0.0359, it looks like a huge opportunity ahead of T1 listings on May 31.