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ARK Invest’s bold BTC forecast sparks buzz for Bitcoin Pepe
Bitcoin Pepe gains momentum in presale with $6.9 million raised so far. ARK Invest has shared a massive $2.4 million Bitcoin (BTC) price forecast BTC rallying will be massive for the memecoin layer 2. ARK Invest’s has shared its latest outlook for Bitcoin price, news that has analysts noting what this could mean for the […] The post ARK Invest’s bold BTC forecast sparks buzz for Bitcoin Pepe appeared first on CoinJournal.
- Bitcoin Pepe gains momentum in presale with $6.9 million raised so far.
- ARK Invest has shared a massive $2.4 million Bitcoin (BTC) price forecast
- BTC rallying will be massive for the memecoin layer 2.
ARK Invest’s has shared its latest outlook for Bitcoin price, news that has analysts noting what this could mean for the broader crypo market.
Specifically, the Cathie Wood led company sees BTC rallying to a staggerng $2.4 million valuation by 2030.
With Bitcoin’s growing dominance and potential ripple effects, what could this mean for Bitcoin Pepe (BPEP).
Ark Invest says BTC could hit $2.4m by 2030
Cathie Wood’s Ark Invest has boosted its Bitcoin price target to $2.4 million by 2030, with this up 60% from its prior $1.5 million estimate.
Detailed in a recent report, this bullish stance points to Bitcoin’s role as “digital gold,” growing institutional adoption, and its use in emerging markets and corporate treasuries.
Analyst David Puell’s model emphasizes Bitcoin’s liquid supply, excluding lost or long-held coins, and projects a 72% compound annual growth rate from December 2024 to 2030.
Per ARK’s insights, the base case would be $1.2 million and bearish $500,000. It’s a forecast that signals strong confidence despite market swings.
What is Bitcoin Pepe?
Bitcoin Pepe (BPEP) bids itself as the “world’s only Bitcoin meme ICO”.
The new meme project seeks to bring a meme layer 2 platform to Bitcoin, tapping into the OG blockchain alongside integration of Solana’s speed.
In short, Bitcoin Pepe’s whitepaper lays out an ambition to build Solana on BTC, offering a platform for instant transactions and ultra-low fees.
