Bitcoin has well and truly exceeded expectations this week, continually hitting fresh all-time highs. Most recently, it reached $119,379K just a few hours ago.
However, one particularly interesting data point suggests that Bitcoin’s current rally may be driven almost entirely by institutional players, with retail investors largely sitting it out – likely believing that $BTC has already gone too far for any meaningful profits to be made.
Keep reading to find out just how much merit there is to this trend, what it means for Bitcoin, and how you can fully capitalize on the digital gold’s momentum by buying the best crypto presales.
Lack of Google Search Interest in “Bitcoin”
“Bitcoin is at new all-time highs but retail is almost nowhere to be found,” says André Dragosch, Bitwise Head of Research, pointing to the thinning interest in the keyword “Bitcoin” on Google search.
Although “Bitcoin” saw a healthy 8% increase in search interest on Google this week (July 6 – July 12) compared to the previous week (June 29 – July 5), total Bitcoin search interest is still a whopping 60% lower than during the week of November 10 – November 16, which followed Donald Trump’s election victory and a massive Bitcoin rally that took it to the magic $100K level.
Some Bitcoin analysts, like Lindsay Stamp, believe this is likely due to retail investors feeling they’ve already missed the Bitcoin boat. After all, one $BTC is currently priced at around $120K, which likely leaves many retailers wondering if and when there are still profits to be made in this rally.
That said, it’s worth noting that assets under management (AUM) in spot Bitcoin ETFs have been seeing record growth, with total inflows hitting $2.72B this week, according to Farside.
If – and it’s entirely possible – the holders of these BTC ETFs are retail investors, then the theory that Bitcoin’s current rally is being driven mostly by smart money may not hold true.
Either way, there’s no denying that Bitcoin is now an expensive buy, and traditional investment wisdom suggests looking at other high-upside opportunities. That’s where presale tokens like the following come in.
1. Bitcoin Hyper ($HYPER) – Best Presale to Buy Now, New Bitcoin Layer 2 for Web3 Compatibility
Bitcoin Hyper ($HYPER) is perfectly positioned to ride Bitcoin’s rally thanks to its new Layer 2 solution that aims to supercharge the Bitcoin ecosystem with lightning-fast execution speeds and Web3 compatibility.
$HYPER’s new Bitcoin L2 will integrate with the Solana Virtual Machine (SVM) to offer a high-speed, low-fee, Solana-like ecosystem directly on top of Bitcoin.
This allows developers to seamlessly deploy existing Solana-compatible apps while benefiting from Bitcoin’s unmatched security – since transactions are still settled on Bitcoin Layer 1.
Furthermore, Bitcoin Hyper will use a Canonical Bridge to convert native $BTC into wrapped $BTC, which can then be used to interact with various Web3 applications, from lending and staking protocols to DeFi trading and NFT marketplaces.
The Bitcoin Hyper is currently live and has already raised a chunky $2.5M. If you get in now, you can grab one $HYPER for just $0.01225, which is a strong entry point.
2. Best Wallet Token ($BEST) – Native Crypto of Best Wallet, a Secure and Easy-to-Use Crypto Wallet
Buying Best Wallet Token ($BEST) lets you ride the growth of one of the best non-custodial and user-friendly crypto wallets on the market right now, Best Wallet.
By giving you full control over your private keys, Best Wallet ensures that no third party (like an exchange or company) can access your funds.
It also includes robust privacy features like and 2FA/MFA options, including biometric authentication and advanced cryptographic techniques. Upcoming features include anti-fraud protection and safeguards against MEV (Miner Extractable Value) attacks.
It’s also worth noting that Best Wallet is the ONLY crypto wallet that allows users to buy new meme coins in presale from directly within the app. This is a huge plus for convenience and even security, since the Best Wallet team verifies each token before listing it on their platform.
If you’re a $BEST holder, you’ll benefit from reduced trading and gas fees, governance rights, and staking rewards (currently yielding 99%), as well as early access to presale cryptos.
The token is currently in presale, with a whopping $13.8M in early investor funding. And each token is available at a low price of $0.025325.
3. AlphaPepe ($ALPE) – Newest Iteration of Pepe the Frog Meme
AlphaPepe ($ALPE) is a new BSC token fueled by pure degen energy, giving Pepe enthusiasts the perfect outlet for their love of memes, chaos, and high-risk, high-reward plays.
$ALPE has no real utility, and it doesn’t claim to be “useful” either. It wants to fully embrace the spirit of meme culture, where vibes and brain-melting returns matter more than utility, in its rawest form.
AlphaPepe has shown strong organic support right off the bat, amassing $33K in just the first 24 hours of its presale. Much of this momentum is thanks to the project’s movie-style marketing campaign and community backing.
Speaking of community, $ALPE is one of the very few presales to launch a passive USDT rewards pool, giving early investors real incentive to stay involved.
Token holders will also benefit from governance rights. One $ALPE is currently selling for just $0.005, and since the project is fresh out of the oven, this is one of the lowest entry points ever.
Bottom Line
To wrap it up, even though Bitcoin’s recent highs have been driven largely by institutional demand – and retailers may not feel like the digital gold itself is offering a great entry point – a Bitcoin rally often brings with it a bumper altcoin season.
If you’re after high risk-to-reward ratios, consider investing in promising crypto presales like Bitcoin Hyper ($HYPER) and Best Wallet Token ($BEST).
That said, kindly remember that crypto investments are highly risky. Only invest after doing your own research; this article is not financial advice.
This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.
Source: https://bravenewcoin.com/sponsored/presale/bitcoin-retail-interest-shrinking-is-btc-too-high-for-profits-top-presales-to-buy-instead