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The BTC Bull Token ($BTCBULL) ICO has blown past $3.14 million in funding as the bulls charge back into town.
With Bitcoin experiencing a wave of positive developments – such as the reaffirmation of U.S. crypto reserves and the end of over a weeklong stretch of outflows in Bitcoin-based ETFs – the path to $100,000 is becoming increasingly clear.
Such positive trading activity has fueled excitement among early BTC Bull Token investors, as it brings the project closer to its first price milestone to activate its utility. As a result, a buying frenzy erupted over the weekend in its presale.
Currently, BTC Bull Token is priced at $0.00239 per token for less than 24 hours before a scheduled price increase marks the start of the following funding stage.
Deribit Call Options Eye $100,000
February’s sluggish market has come to an end, and March is already shaping up to be a month of stronger trading activity.
Bitcoin kicked off the rally on March 1, climbing from a low of $78,000 back above $80,000. By Sunday, it had surged to $94,000, marking a 17% gain over three days and settling at $91,872 at the time of writing.
Several key developments fueled this bullish momentum. The first was the end of a prolonged outflow streak in Bitcoin spot ETFs on February 28, which saw a sharp reversal with $93.4 million in inflows, according to Farside Investors data.
Bitcoin ETF Flow (US$m) – Farside Investors
On Sunday, U.S. President Donald Trump reaffirmed his campaign promise to establish a national crypto reserve. Notably, he emphasized support for American-made cryptocurrencies such as Ripple ($XRP), Solana ($SOL), and Cardano ($ADA).
Although Bitcoin and Ethereum ($ETH) were initially absent from the announcement, Trump later clarified that the reserve would include the top two cryptocurrencies.
The swift bullish turnaround – now being referred to by analysts as the “Trump put” – has reignited investor enthusiasm, particularly for Deribit-listed call options targeting Bitcoin at $100,000, according to Amberdata.
If Bitcoin reaches this milestone, speculation about surpassing its all-time high of $109,000 will intensify.
The renewed bullish sentiment has also driven a surge in BTC Bull Token purchases – the only meme coin designed to track Bitcoin’s price action – adding to the weekend’s buying frenzy and offering a potential hedge against the top crypto’s wild price swings.
BTC Bull Token: The Only Meme Coin That Tracks The Bitcoin Price
From raising $2.9 million on the last day of February, the BTC Bull Token has seen nearly $250,000 in new purchases, pushing its daily run rate to approximately $149,000. With momentum accelerating on Monday, it is on track to surpass $3.2 million in total funding within a few hours.
Investors are flocking to this meme coin despite Bitcoin being in the spotlight because BTC Bull Token is designed to reward holders with actual $BTC whenever Bitcoin reaches key price milestones.
Its first target for Bitcoin airdrops is $150,000, with subsequent targets increasing in $50,000 increments – meaning the next milestones would be $200,000, $250,000, and so on. While these figures may seem distant now, historical data suggests they are within reach.
Over the past four years, Bitcoin has posted monthly gains as high as 46.95% and has sustained multi-month winning streaks, such as from September 2023 to March 2024, when it averaged 16.34% growth per month.
Historical Bitcoin Performance | CoinGlass
Bitcoin more than doubled in value during that period, climbing from approximately $25,934 to $62,000.
If Bitcoin maintains a similar pace over the next seven months – an achievable scenario given that post-halving years tend to be more bullish – it could soar to $265,000.
This aligns with the forecasts of analysts like Fundstrat founder Tom Lee and Global Head of Digital Asset Research Geoff Kendrick, who both believe Bitcoin could reach $200,000 by 2025.
Bitcoin's upside if holds at $91,000 based on everyone's prediciton:
— Trader T (@thepfund) January 13, 2025
· Michael Saylor: +3,197% to 53,746%
· Cathie Wood: +614% to 1,548%
· Robert Kiyosaki: +285%
· Arthur Hayes: +175%
· K33: +134%
· Bitwise: +120%
· Standard Chartered (Geoff Kendrick): +120%
· Fundstrat (Tom… https://t.co/gjYMTzJ1jn pic.twitter.com/CPIcIZARDs
Like Bitcoin, BTC Bull Token Adjusts Its Supply
Indeed, no other meme coin offers a utility quite like BTC Bull Token where holders can passively earn actual bitcoins based on their $BTCBULL holdings – essentially simulating mining rewards without the need for expensive mining equipment.
However, BTC Bull Token isn’t just about rewarding Bitcoin to holders; it also implements a mechanism to ensure the meme coin appreciates alongside Bitcoin’s price.
This is achieved through a token-burning process that reduces the total supply of $BTCBULL in circulation, making the remaining tokens scarcer and potentially more valuable. This also happens in increments of $50,000, starting from the price target of $125,000.
Unlike Bitcoin, which only slows its supply flow rather than decreasing its total supply, BTC Bull Token’s burn mechanism actively lowers the number of tokens available, helping to support price appreciation.
Additionally, because the token’s core utility incentivizes holding rather than frequent trading, its design naturally encourages long-term value growth.
This strong utility and scarcity model has led to significant price projections in both media and crypto influencer circles.
Among them, Danjo Capital Master, with 872,000 followers, recently reviewed $BTCBULL, stating he believes it has the potential to skyrocket 1,000x.
Buy $BTCBULL, Join Bitcoin On Its Journey To $1 Million
The BTC Bull Token is designed to track Bitcoin’s journey to its ultimate price target of $1 million, offering early buyers a prime opportunity to position themselves. At the same time, the token is still available at presale.
Once $BTCBULL starts trading on exchanges, its price could increase, potentially making it more expensive to acquire – thereby reducing the amount of Bitcoin earned with each airdrop.
To secure your share early, visit the BTC Bull Token website and purchase $BTCBULL using ETH, USDT, or a bank card.
For the smoothest experience, Best Wallet is the recommended option. It seamlessly integrates $BTCBULL’s Bitcoin-earning mechanism. Simply store your tokens in Best Wallet, and you’ll automatically become eligible to receive Bitcoin airdrops directly to your BTC wallet address within the app.
Best Wallet is available for download on Google Play or the Apple App Store.
Stay connected with the rapidly growing BTC Bull Token community on X and Telegram for the latest updates.
Learn more about the BTC Bull Token.
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