The Bitcoin Pepe presale has remained resilient, continuing to attract strong investor interest. The project has raised over $15.3 million during its ongoing presale. The BPEP token is currently priced at $0.0416.

Bitcoin (BTC) dropped to a six-week low late Sunday, briefly falling below $98,500 after a US airstrike on Iranian nuclear facilities over the weekend intensified geopolitical tensions.

Risk assets broadly came under pressure as markets reacted to the escalation.

The sub-$100,000 level, however, proved short-lived.

BTC rebounded during early Monday trading in Asia, recovering to around $101,841 at the time of writing.

Bitcoin now hovers near the psychologically significant $100,000 threshold.

A decisive close below that level could open the door to further downside, with the next target near Sunday’s intraday low of $98,200.

Ethereum (ETH), Ripple (XRP), and other major altcoins extended last week’s losses, reflecting continued risk aversion across digital assets.

In this volatile backdrop, investor interest in early-stage projects has not abated.

Bitcoin Pepe, a meme-centric Layer 2 project, continues to draw strong presale inflows despite the broader market uncertainty.

Bitcoin prices fell below the $100,000 mark for the first time since early May, but BitMEX co-founder Arthur Hayes believes the dip is temporary.

“The weakness shall pass,” Hayes posted on X, adding that Bitcoin will soon “leave no doubt as to its safe haven status.”

He attributed the eventual rebound to continued central bank money printing, which he says will support Bitcoin’s long-term bullish trajectory.

Bitcoin has been in a five-week consolidation phase, facing repeated resistance near the $110,000 level.

Do you hear that? … it’s the sound of the money printers revving up to do their patriotic duty. This weakness shall pass and $BTC will leave no doubt as to its safe haven status. pic.twitter.com/PTfZaAXFp7

The top cryptocurrency has failed three times to break higher, as short-term macroeconomic shocks — ranging from renewed tariff concerns in May to the ongoing Israel–Iran conflict — have weighed on sentiment.

At the time of writing, most altcoins were in the red. Total market capitalization fell 0.8% to $3.12 trillion, according to CoinGecko data.

The crypto market has seen heightened volatility in recent months, characterised by sharp rallies, steep pullbacks, and shifting investor sentiment.

Against this backdrop, the Bitcoin Pepe presale has remained resilient, continuing to attract steady capital inflows.

The sustained interest suggests the project may be positioned to weather current market conditions, especially as Bitcoin is seen making a strong comeback.

As the first meme-centric Layer 2 built on the Bitcoin network, Bitcoin Pepe seeks to redefine meme tokens by combining the security of Bitcoin’s base layer with scalability features typically associated with networks like Solana.

This blend of technical infrastructure and cultural relevance differentiates it from other meme tokens that often lack functional utility.

The development team has also released infrastructure visuals to improve transparency and build investor confidence.

To support its Layer 2 ecosystem, Bitcoin Pepe has formed strategic partnerships with Super Meme, Catamoto, and Plena Finance.

The project’s presale has raised over $15.3 million so far, with BPEP tokens priced at $0.0416.

Listings on MEXC and BitMart are expected to enhance liquidity and visibility.

Another major listing announcement is scheduled on June 30, adding further momentum as the presale approaches its close.

The post Best crypto to buy now as analyst sees BTC making a strong comeback appeared first on CoinJournal.

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