$96k Or $144k? Bitcoin Mayer Multiple Chart Price Target Options

Billionaire Tim Draper has shared an upbeat statement amid Bitcoin's price plunge, arguing that the leading cryptocurrency by market cap is actually "valuable everywhere." 

Draper highlighted the key properties of Bitcoin, such as decentralization, immutability, high liquidity, and its global nature.

The American billionaire has described it as the ultimate "hedge" against government spending.

Draper's statement comes after roughly $1 billion worth of crypto got liquidated over the past 24 hours. 

As reported by U.Today, the legendary venture capitalist, who is known for his prescient bets on Hotmail and Skype, predicted that Bitcoin could end up surging to $10 million. This puts them in the same camp of uber-bulls with Strategy's Saylor. 

Recently, he argued that the cryptocurrency could surge to infinity against the U.S. dollar, which could face hyperinflation if the entire system ends up breaking down.

Draper, an early Bitcoin investor, correctly predicted that the leading cryptocurrency would surge to $10,000. However, his next big prediction ended up being a big miss. The legendary venture capitalist was confident that Bitcoin would reach $250,000 by the end of 2022. 

However, the leading cryptocurrency is still far from reaching the aforementioned target as of mid-2025. Yet, Draper appears to be convinced that Bitcoin will finally hit $250,000 this year, arguing that it has turned into an investment with an extremely low level of risk. 

Even though gold has substantially outperformed Bitcoin this year, Draper recently opined that Bitcoin was a superior asset due to its borderless nature. 

Michael Saylor, co-founder of Strategy (formerly MicroStrategy), has once again dropped a cryptic hint suggesting that his firm may soon add more Bitcoin to its already massive holdings.

In a June 22 post on X, Saylor shared a chart of Bitcoin’s performance, paired with the phrase, “Nothing Stops This Orange.”

Saylor Predicts Bitcoin Could Hit $21 Million in Two Decades

This social media post follows a familiar pattern of Saylor’s cryptic signals just before his firm files for additional Bitcoin buys with the US Securities and Exchange Commission (SEC).

Over the past weeks, Strategy’s Bitcoin position has aggressively grown following several strategic acquisitions.

This has resulted in the firm holding around 592,100 BTC, valued at over $60 billion. Strategy’s BTC reserve represents approximately 2.8% of Bitcoin’s total supply and makes it the world’s largest corporate holder of the asset.

Meanwhile, Saylor’s confidence in Bitcoin shows no signs of fading despite his firm’s substantial holding. The Bitcoin bull recently predicted that the top crypto could hit $21 million in price within the next 21 years.

Despite the bullish tone, Saylor’s approach has drawn criticism.

Prominent investor Jim Chanos, best known for his bearish calls on companies like Enron, has publicly challenged Saylor’s claims regarding the firm’s use of debt.

In a video clip shared online, Saylor defended his strategy by saying that the company’s debt is “convertible,” “unsecured,” and “no recourse.” The Bitcoin bull also suggested that the top crypto’s value could fall 90% without impacting his firm’s repayment obligations.

However, Chanos disagreed strongly with this view, saying Strategy remains liable if the debt hasn’t converted to equity by maturity.

His criticism implies that Saylor may be overstating the safety of the firm’s debt position.

Chanos’s view is unsurprising considering his firm recently took an unusual stance of betting against Strategy while remaining long on Bitcoin.

This dual position highlights a growing view among some investors that while Bitcoin may thrive, Saylor’s aggressive corporate strategy could carry hidden risks.

Blockchain tracking service Whale Alert posted a major alert showing that 129,392 ETH was transferred from an unidentified wallet to Coinbase as the Ethereum price tumbled. On-chain data from Etherscan shows that this particular wallet had not been involved in the transfer of large ETH volumes since November 2022. This sudden reactivation and deposit into a centralized exchange opens up speculation of a looming selloff, especially given the timing of the transfer.

Massive ETH Transfer As Middle East Tensions Escalate

Whale transaction tracker Whale Alerts, which initially reported the transfer on the social media platform X, noted that at the time of the transfer, these 129,392 ETH were worth $312,981,377. The timing of the transfer is noteworthy because it occurred when the price of Ethereum failed to hold above $2,500 and had already begun to struggle to stay above $2,400. 

Etherscan’s tracking of on-chain transactions indicates that the unknown wallet “0xd47b,” which was involved in the transfer, has been relatively inactive since late 2022. Particularly, its last transaction was an inflow of 6,469 ETH from another wallet linked to Coinbase. 

The latest transfer into Coinbase leans more towards the possibility of a selloff through the exchange. Since then, the Ethereum price has lost a key support level at $2,450. Its price has fallen notably in the past 48 hours. 

Although other factors are clearly contributing to the dip, particularly new geopolitical tensions after the US launched attacks on Iran, this whale deposit into Coinbase may have increased the downward pressure. Exchange inflows of this magnitude are a precursor to liquidation, particularly now that investor sentiment is on edge.

Bearish Setup Confirms Downside Targets

The technical picture for Ethereum is now turning bearish, at least in the short term. Technical analysis of Ethereum’s 4-hour chart on the TradingView platform shows a clear bearish breakdown setup after Ethereum broke below a crucial support line at $2,362. That support level has now been breached, and confirmation of the breakdown amplifies a bearish case moving forward. 

Chart Image From TradingView

The chart above, which includes overlays of the Ichimoku Cloud, shows a fading bullish momentum in the past few days. Previous failed attempts to break resistance have left Ethereum in a vulnerable zone, and the recent whale selloff may have delivered the final push needed to trigger this leg down. 

If the current trajectory continues, Ethereum could be on its way to retesting lows below $2,000. According to the TradingView analysis, potential reversal targets are at $2,151 and $1,954, with a third possible level at $1,750 if the selloff is more than expected. At the time of writing, Ethereum is trading at $2,290, down by 5.5% and 10% in the past 24 hours and seven days, respectively.

Setting New Standard for Meme Coins

Neo Pepe’s presale has skyrocketed to over $2 million, currently at Stage 4 with a token price of $0.083153, surpassing expectations and signaling robust early-stage momentum, notably stronger than its predecessor, Pepe Coin. For investors tired of fleeting meme trends, you might want to get a little Neo Pepe. With a community-driven DAO governance model and transparent treasury management, Neo Pepe delivers genuine influence and accountability, cementing itself as the best pepe coin in the evolving crypto market.

Comparing Early Metrics for Neo Pepe ($NEOP) vs. Pepe Coin

Both coins are prominent meme tokens, but they differ significantly in their foundational strategies and performance:

Neo Pepe ($NEOP) has implemented an innovative 16-stage progressive presale, rewarding early investors with significantly better rates. With a fixed total supply of 1 billion tokens, Neo Pepe ensures scarcity and price predictability. Built on the Ethereum network, Neo Pepe guarantees compatibility across multiple platforms and offers unique features such as auto-liquidity mechanisms, deflationary tokenomics, and a fully operational community DAO.

On the other hand, Pepe Coin was launched spontaneously in April 2023 without a structured presale, driven primarily by social media virality. Pepe Coin quickly reached a market capitalization exceeding $5 billion, largely fueled by meme hype. Its high circulating supply of 420.69 trillion tokens, however, poses potential limitations for price appreciation. Like Neo Pepe, Pepe Coin also operates on the Ethereum ERC-20 token standard.

https://neopepe.ai/Early Metrics Indicate Higher Upside Potential for Neo Pepe Coin

Neo Pepe is positioning itself to become the top pepe coin and arguably the best crypto presale of 2025 due to several key strengths:

Neo Pepe employs immutable smart contracts, which have no upgrade paths or backdoors, significantly bolstering investor confidence. All decisions, including token burns and liquidity provision, require DAO approval, making the coin truly decentralized. Additionally, Neo Pepe’s deflationary tokenomics ensure clear token distribution, allocating 45% to presale, 25% to marketing, and the remainder to liquidity, development, ecosystem incentives, and giveaways. This balanced approach fosters stability and healthy growth. Furthermore, Neo Pepe’s auto-liquidity generation mechanism adds a 2.5% liquidity fee to each transaction, automatically enhancing market stability.

Top Reasons Long Term Investors Are Choosing $NEOP Over PEPE

Investors are increasingly attracted to Neo Pepe for its transparency and community governance. Unlike traditional meme coins, Neo Pepe’s treasury management and governance are transparent, community-led, and free from developer interference. The strategic 16-stage presale creates urgency and fosters sustainable growth dynamics by significantly rewarding early participants.

With a fixed total supply of 1 billion tokens, Neo Pepe’s scarcity provides predictable and favorable price movements compared to Pepe Coin’s enormous token supply. The DAO governance model ensures genuine community influence, allowing every holder to actively shape Neo Pepe’s future. Additionally, Neo Pepe’s technological foundation on the battle-tested Ethereum infrastructure ensures compatibility, security, and broad integration potential.

Neo Pepe Explained 🔥 New Presale Project Making Waves in Web3 | How to Join Safely

Catch Crypto Craze's fresh take on the Neo Pepe Presale, highlighting key benefits and unpacking exactly why investors are excited about this rising star in crypto.

It’s Time to Act—You Might Want to Get a Little Neo Pepe

As investor interest rapidly pivots from traditional meme coins to innovative, governance-centric projects, you might want to get a little Neo Pepe before it solidifies its position as the best crypto presale of 2025.

Ready to Join the Neo Pep’s Revolution?

Visit the Neo Pepe Official Website to explore more about the project. Review the Whitepaper to understand the tokenomics and strategic vision. Engage directly with the community on Telegram through Neo Pepe Coin, and stay updated by following Neo Pepe Coin on Twitter/X.

Neo Pepe isn't just another meme coin—it’s a serious contender with a clear path forward. If you believe in long-term value, community-driven projects, and substantial upside, you might want to get a little Neo Pepe today.

Get Started with Neo Pepe Coin

• Website: Neo Pepe Official
• Whitepaper: Neo Pepe Whitepaper
• Telegram: Neo Pepe Telegram
• Twitter/X: Neo Pepe Twitter

https://neopepe.ai/