Bitcoin Hyper Token ICO Nears $16 Million

The crypto market is showing early signs of a bull run, with Bitcoin rising, market volume climbing, and the Fear & Greed Index at 55.

These conditions create the perfect setup for breakout projects, and Bitcoin Hyper (HYPER) is quickly becoming one of the most talked-about crypto presales of the year.

The project has already raised nearly $16 million, and with a new price increase scheduled in just over a day, momentum continues to build. Many investors are already calling it the next crypto to explode.

Source – 99Bitcoins YouTube Channel

Crypto Analysts Predict Bitcoin Rally

According to crypto analyst Kamran Asghar on X, Bitcoin is forming a classic cup and handle pattern, a bullish chart formation that could signal a significant price increase.

The pattern, visible on Bitcoin’s chart, shows a rounded bottom (“the cup”) followed by a smaller, consolidating pullback (“the handle”). This formation often precedes a sharp upward move once the price breaks through a key resistance level.

Kamran suggests that Bitcoin’s handle phase is nearing its end as the price approaches its all-time high (ATH). His price targets for a breakout are $118K, $122K, and eventually $128K. If this pattern plays out, Bitcoin could set a new ATH and extend its current rally.

This bullish outlook is further supported by an analysis from Kyle Chassé, also on X. He points out that a move toward $120K could liquidate nearly $7 billion in Bitcoin short positions.

A look at the Bitcoin liquidation map shows a large cluster of short positions stacked above the current price of around $115,718.

If the price rises to this level, it would likely trigger a massive short squeeze, forcing a cascade of buying that could fuel a rapid price acceleration. Conversely, long liquidations are positioned much lower, indicating less immediate downside risk.

Now, imagine an altcoin that combines the core strengths of Bitcoin with enhanced efficiency and programmability. This is the vision behind Bitcoin Hyper, an altcoin that aims to match Bitcoin’s foundational “DNA” by creating a new avenue of demand for BTC itself.

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Bitcoin’s demand comes from its role as a store of value. Its fixed supply and protection from inflation make it different from fiat money, which governments can print endlessly.

Bitcoin Hyper builds on that foundation. It is a Layer-2 ecosystem built to be the fastest on Bitcoin, powered by the Solana Virtual Machine (SVM).

Developers can build directly on Bitcoin Hyper or bring over Solana dApps with only small adjustments thanks to SPL compatibility. In practice, an app that runs on Solana can move to Bitcoin Hyper and instantly use Bitcoin’s liquidity.

These dApps can cover all areas, including DeFi, tokenized real-world assets (RWAs), NFTs, and gaming. What makes Bitcoin Hyper different is that apps run at Solana speeds but still anchor back to Bitcoin’s base layer for settlement and security, avoiding Ethereum’s slower speeds and higher costs.

The team’s latest update shows how they plan to do this. Since Bitcoin doesn’t support general smart contracts, Bitcoin Hyper uses commitments, state roots, and proof systems to lock its state to Bitcoin Layer-1.

The aim is simple: keep Bitcoin Hyper as fast as Solana while making Bitcoin the final layer of trust and neutrality. The $HYPER token powers gas fees, governance, and staking, while BTC acts as the main medium of exchange in the Hyper ecosystem.