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Michael van de Poppe shared his predictions for BTC’s price in a tweet yesterday.
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DEFI MEMES How i was years ago before i joined DeFi #DeFiMeme #DeFiChallenge
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According to the trader, BTC reclaiming $26.6K will result in BTC accelerating toward highs in the short term.
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Enter BRC-20, the first class of crypto tokens to be built on the bitcoin blockchain, besides bitcoin itself. Nearly 25,000 of the experimental coins have already been minted this year, sending transactions through the roof.
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Daily transactions have rocketed to an all-time high of 682,000 this month, according to data from Glassnode, almost 40% higher than the previous peak in 2017. Bitcoin's dominance, or its share of the overall $1.16 trillion cryptocurrency market, has swelled to 44% from 38% at the start of the year.
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Back in 2010, when Bitcoin’s price was less than $1 and crypto adoption was still quite low among the community, a Florida-based developer reached out to the Bitcoin forum asking if anyone would buy him pizza in exchange for Bitcoins.
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