Thursday, May 22nd – Vitocoin Pizza Day – Total net inflow reached $934.8 million. This is the best daily number of this month. As overall market sentiment becomes more optimistic, early stage assets like Bitcoin Pepe are gaining momentum. The BPEP token, priced at $0.0359, raised over $11 million from its previous sale.
Bitcoin (BTC) continued its historic rally this week, setting a new record at $111,980 on Thursday, surpassing its previous all-time high of $109,588 on Wednesday.
As of Friday, the cryptocurrency had consolidated levels of around $111,000 and remains in price discovery mode.
The sharp upward momentum solidly focused the $120,000 mark as the next level of psychological resistance.
If the current trend holds, BTC could expand its profits amid strengthening demand and continuing institutional benefits.
Ethereum (Eth) and Ripple (XRP) are also shown resilience, supported by broader bullish sentiments across digital assets.
Both tokens are gaining traction as investors spin into Altcoins, looking for upside ahead of the weekend.
For a long time, Bitcoin has been seen as a cornerstone of the cryptocurrency market and a safeguard against global economic instability, but some investors are increasingly seeing it become too mature and delivering exponential benefits.
With institutional participation increasing and price fluctuations becoming more subdued, the appeal to those chasing high-risk reward opportunities has declined.
Meanwhile, the spotlight is shifting to new early stage assets like Bitcoin Pepe.
As sentiment across the market becomes more optimistic, this segment of the crypto landscape is poised to attract a larger share of speculative capital, amplifying the potential returns of early invokers.
BTC ETF continues to see massive influx
Over the past six days, US registered spot Bitcoin ETFs have seen a sustained revival of net inflows.
Thursday, May 22nd – Vitocoin Pizza Day – Net inflows reached $934.8 million. This is the highest daily figure of the month, according to far side data.
BlackRock’s IBIT led the fees, pulling in $877.2 million that day, far surpassing his peers.
This powerful influx on the iconic Bitcoin date comes after a steady build-up at the beginning of the week, including $530 million on May 21 and $287.5 million on May 20.
Even amidst the outflow from some publishers of the broader dataset, last week showed a consistent net positive, suggesting that rising prices and changing market sentiment is pulling capital back to Bitcoin Link products on a massive scale.
The benchmark cryptocurrency has repeatedly violated record levels, which appears to have strengthened its appetite for exposure through regulated investment vehicles.
Why is the market looking at Bitcoin Pepe?
Bitcoin’s latest all-time high has reignited risk appetite across the crypto market, with speculative assets once again attracting investors’ attention.
Among the beneficiaries of this momentum is a meme-centric layer 2 project located at the confluence of Internet culture and blockchain infrastructure.
Leveraging the security of Bitcoin and the scalability of architectures like Solana, Bitcoin Pepe has established itself as the foundational platform for meme culture within the Bitcoin ecosystem.
The project announced a series of strategic partnerships aimed at expanding the utility.
These include supermemes for launching tokens via the PEP-20 standard, Katamoto from Base Chain Fair Launch, and Plena Finance for potential mobile-first integration.
Bitcoin Pepe is working with Gete Network to explore cross-chain Web3 gaming applications.
Investor interest is active. Priced at $0.0359, BPEP Token raised more than $11 million in Presale fund ahead of its planned conclusion on May 31.
Exchange lists are expected soon and could inspire further price discoveries.
As Bitcoin has returned to capital with a refocus on crypto space and memecoin, Bitcoin Pepe positions itself as a high-risk, reward play in the current market cycle.
