Bitcoin’s price has surged 4% from yesterday, leading investors to question if a fresh bull run is about to begin. Following studies revealing 2024 as a banner year for Bitcoin billionaires, the coin has begun to recoup some of its losses. Increase in the price of Bitcoin The new meme coin Wall Street Pepe is now the center of attention since it aspires to replicate that enchantment.
Recovery Signals Potential for Gains
Bitcoin recovered from $91,500, its lowest price since December 30. Bitcoin may rise after a brief drop. The coin’s technicals suggest this. Bitcoin’s latest recovery matches the critical 0.618 Fibonacci retracement level, which often signals an uptrend. Bitcoin also wants to rise over its 50-day exponential moving average.
If so, the coin may return to $100,000. It’s not only the charts that look good. On the last day, spot trading volumes exceeded $60 billion as traders returned. This suggests that Bitcoin’s current rise may be the start of something bigger.
Bitcoin Millionaires Rally Anticipated
Finbold’s latest research has boosted Bitcoin interest. In 2024, addresses became millionaires daily. Bitcoin Rises, Nothing like that existed previously. Over 153,000 Bitcoin millionaire wallets existed at the year’s conclusion, up 58% from 2023. Not only smaller traders participated—over 7,500.
Wallets had more than $10 million, and nearly 49,000 held $1 million to $10 million. A prominent crypto journalist says this is just the start. A Bitcoin Magazine employee tweeted yesterday that Bitcoin is dull before it takes off. He posted a graphic showing how Bitcoin’s price spike mimics past significant rises. Thus, another Bitcoin rally may be imminent.
Wall Street Pepe Raised Poised
It would appear that Bitcoin isn’t the only cryptocurrency poised for a surge in value. One meme currency has so far raised $45 million during its presale. It went live in December; since then, daily averages have topped $1 million. has no use other than to be a meme currency. The group aims to make this kind of alpha available to regular investors. This idea is fascinating, especially in light of the impending meteoric rise of meme coins in 2025.
Additionally, Wall Street Pepe’s timing is impeccable. A mini-rally with Pepe-themed items began when Elon Musk changed his profile picture to a frog at the end of December. Bitcoin Rises, The market conditions seem to be favorable for a new frog coin to make a significant impact.
Early Buyers Eye 10x Gains and Staking Reward
A crypto YouTuber with more than 134,000 subscribers, referred to as the next 10x meme currency, offers anticipated payouts to early buyers who invest their WEPE. Increase in the price of bitcoin Additionally, he anticipated that WEPE’s presale will shortly reach $50 million. Considering everything, the future of this new meme coin appears promising.
The potential of WEPE is highly anticipated, and early investors can stake their tokens for expected yields. Investor optimism has been further bolstered by the announcement that WEPE will be the next 10x meme currency, according to a prominent crypto YouTuber with more than 134,000 subscribers. Furthermore, YouTubers forecast that WEPE’s presale may soon reach $50 million.
Summary
The recent 4% surge in Bitcoin’s price has sparked hopes that a new bull run is about to start. Increase in the price of Bitcoin This recovery follows promising evidence that the number of Bitcoin millionaires increased in 2024, with more than 153,000 new millionaire wallets. The technical indicators for Bitcoin point to a potential upswing, with a strong Fibonacci retracement level and soaring spot transaction volumes of more than $60 billion. Meanwhile, the meme coin Wall Street Pepe (WEPE) is gaining much attention.
