- Top-tier cryptos are becoming less appealing to investors looking for outsized returns.
- This shift is fueling renewed interest in early-stage tokens like Bitcoin Pepe.
- Bitcoin Pepe’s presale has raised over $14.1 million. The BPEP token is priced at 0.416.
Bitcoin held firm above the $107,000 level on Thursday, trading at $107,651.49, though early signs of profit-taking across major tokens suggested a possible pause in recent momentum.
Among large-cap tokens, XRP ($2.24), BNB ($667.21), Solana ($158.86), and Cardano ($0.6897) slipped as much as 3%.
Ether, which had outperformed Bitcoin last week on strong ETF inflows and bullish derivatives activity, retreated to $2,754.34 after briefly crossing $2,800.
Several tokens are now hovering near local resistance levels, prompting some traders to lock in gains.
Despite the near-term pullback, sentiment remains broadly constructive.
Institutional adoption continues to underpin the rally, with a growing number of firms seeking to deepen their exposure to digital assets.
With market volatility declining and institutional participation on the rise, top-tier cryptocurrencies are becoming less appealing to investors targeting outsized, asymmetric returns.
This shift is fueling renewed interest in early-stage tokens, such as Bitcoin Pepe, which are attracting risk-seeking capital as sentiment across the cryptocurrency landscape improves.
As traders pivot toward more speculative segments of the market, high-volatility assets such as Bitcoin Pepe are emerging as notable beneficiaries of the current momentum.
GameStop planning another BTC purchase?
GameStop is moving to raise nearly $2 billion through a debt offering following its underwhelming financial performance in the first quarter of 2025.
In a press release issued Thursday, the video game retailer said it will offer $1.75 billion in convertible senior notes through a private placement to qualified institutional buyers, with an option to issue an additional $250 million in notes within 13 days of the initial sale.
The convertible notes, which are set to mature in mid-2032, will not carry regular interest payments.
GameStop said the proceeds will be used for general corporate purposes, including investments aligned with its existing investment policy and potential acquisitions.
The announcement comes shortly after GameStop disclosed the purchase of 4,710 Bitcoin, prompting speculation that the new capital could support further cryptocurrency-related moves.
While the company has not directly linked the fundraising to its Bitcoin strategy, the timing has drawn attention.
“GameStop intends to use the net proceeds from the offering for general corporate purposes, including making investments in a manner consistent with GameStop’s Investment Policy and potential acquisitions,” the company said in its filing.
Bitcoin Pepe looks to ride the crypto wave
As Bitcoin consolidates amid short-term volatility, its growing institutional adoption continues to anchor broader market sentiment.
In parallel, investor focus is once again shifting to speculative corners of the crypto landscape, particularly meme coins, which are seeing a resurgence in inflows.
Among the standout names is Bitcoin Pepe, which has distinguished itself from typical meme tokens by pairing viral appeal with infrastructure-driven ambition.
Framed as an effort to “build Solana on Bitcoin,” the project aims to merge Bitcoin’s network security with the scalability features commonly associated with Solana.
Touted as one of the most closely watched crypto presales of 2025, Bitcoin Pepe has raised over $14.1 million ahead of a planned listing announcement on June 17.
The team has also outlined a detailed technical roadmap and announced partnerships with Super Meme, Catamoto, and Plena Finance to expand its Layer 2 ecosystem.
With early-stage capital continuing to flow toward early-stage plays, Bitcoin Pepe is positioning itself to capture this momentum as it nears the conclusion of its token sale.
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