Wall Street Pepe ($WEPE) has reached an impressive $53 million in its presale, capturing the attention of the crypto community. The altcoin's growth potential might be further boosted by Bitcoin's sudden surge, as Bitcoin nears $110,000 in value.
This unexpected rise in Bitcoin is attributed to Michael Saylor, the co-founder of MicroStrategy, who has been purchasing Bitcoin for 11 consecutive weeks.
On January 13, MicroStrategy's acquisition of 2,530 Bitcoins highlights the continued institutional interest in the leading cryptocurrency, potentially influencing the future performance of altcoins like Wall Street Pepe.
Source: bitcoinist.com ↗