Should you invest in Bitcoin Pepe as GME announces plans of buying BTC?

Bitcoin has continued to consolidate in recent sessions even after GameStop announced plans to invest in the world’s largest cryptocurrency by market cap.

However, the news is still meaningful for the crypto world – it’s just the uncertainty coming out of the White House that’s disabling BTC price from celebrating it fully.

Once the macro environment stabilises, it’s believable that the digital asset will resume its upward trajectory, hopefully pulling the rest of the crypto market, including the up-and-coming meme tokens, like Bitcoin Pepe, up with it.

Why is GME news significant for Bitcoin Pepe?

GameStop’s choice to become an institutional investor of Bitcoin is a significant development since it could improve legitimacy and increase demand for crypto coins.

Since the BTC itself is still going for well over $80,000, a huge part of the retail community may find it beyond reach and choose to invest in the likes of Bitcoin Pepe instead, particularly since the meme coins have a history of offering explosive returns in early stages.

In fact, that narrative is already showing in Bitcoin Pepe’s ongoing presale, which has raised close to $5.8 million within weeks.

If you’re interested in learning more about Bitcoin Pepe and its native crypto coin, click here to visit the project’s website now.

The new SEC is committed to crypto regulation

Bitcoin Pepe may be an exciting investment for this year also because Paul Atkins, President Donald Trump’s nominee to head the US Securities and Exchange Commission, reiterated crypto regulation as a top priority last week.

Atkins pledged to build a “rational, coherent, and principled” framework for cryptocurrencies at his confirmation hearing before the Senate on March 27.

His remarks are significant since regulatory uncertainty has long been a headwind for digital assets.

Once the Trump administration delivers on its promise of improvement on that front, crypto coins, including the likes of Bitcoin Pepe, could rally in 2025.

Visit the website at this link to explore ways to invest in Bitcoin Pepe today.

Should you invest in Bitcoin Pepe today?

After the presale, devs have plans of listing Bitcoin Pepe on a notable crypto exchange that often drives interest and helps push the price of the token further up.

Additionally, the Federal Reserve remains committed to two rate cuts in 2025.

As interest rates lower, risk-on assets like cryptocurrencies, including Bitcoin Pepe, could appear more attractive for investors.

All in all, there are several tailwinds, some on the macro level and some Bitcoin Pepe-specific, that indicate potential for significant upside in the platform’s native meme coin.

You can dive deeper into Bitcoin Pepe before finalising your decision to invest in it on this link.   

The post Should you invest in Bitcoin Pepe as GME announces plans of buying BTC? appeared first on Invezz