After idling between $92,000 and just above $95,000, Bitcoin (BTC) has now broken past $96,000, putting six-figure hopes back on the horizon.

Momentum is building fast – and as Bitcoin surges, it’s casting a spotlight on a lesser-known token gaining serious traction: BTC Bull Token ($BTCBULL), a meme coin designed to double Bitcoin rewards without buying more BTC.

Backed by a growing investor base, the project has already raised over $5.2 million in its ICO – and early participation shows no signs of slowing.

In less than 48 hours, the price of $BTCBULL is set to climb from $0.00249, and since the last funding stage on Monday, the presale has pulled in over $110,000 – as more Bitcoin bulls begin to recognize how this project could supercharge their exposure to the orange coin’s next big move.

The key drivers behind Bitcoin’s April rally

Over the past month, Bitcoin has surged 14.2%, marking its strongest monthly close since April 2021. But that’s just the surface.

From dipping to $74,000 on April 7 to now kicking off May at $96,000, Bitcoin has notched an even more explosive 29.7% rally off the lows.

A mixed economic backdrop helped fuel the narrative. Inflation showed signs of easing, but U.S. growth fell short, with Q1 GDP shrinking by -0.3% versus a +0.2% forecast. And with April job growth at just 62,000 – the weakest in nearly a year – the stage was set for Bitcoin to shine as a hedge against stagflation.

Then came the kicker: U.S. President Donald Trump’s 90-day tariff pause on April 9, which eased macro fears and cleared the runway for risk assets. And institutions didn’t wait around.

In the final stretch of April, spot Bitcoin ETFs saw nearly $3 billion in net inflows over just eight days – one of the biggest accumulation waves since the ETF era began. But it didn’t stop there.

Public companies also doubled down, adding over 95,000 BTC to their treasuries in Q1 alone, a 16% jump quarter-over-quarter. Industry giant Strategy now holds an estimated 553,000 BTC – and shows no signs of slowing.

With bullish tailwinds from macro to institutional flows, it’s no surprise Bitcoin is now charging toward the $100,000 mark – not just to test its previous all-time high, but with a clear intent to set a new one.

And if that new peak hits $150,000, $BTCBULL holders will be the first to celebrate – that’s the milestone where BTC Bull Token’s utility activates, unlocking rewards that essentially double their gains without buying more BTC.

The meme coin that generates bitcoins

BTC Bull Token is a meme coin built to let investors essentially double their Bitcoin gains just by holding the token.

Thanks to a strategic partnership with the leading noncustodial Web3 wallet, Best Wallet ($BEST), BTC Bull Token’s milestone rewards system is seamlessly integrated.

$BTCBULL is an ERC-20 token, and the rewards mechanism works directly through Best Wallet – no staking, no complex setup, no custodians. Just utility, built in.

The rewards scale with how many tokens you hold. The more $BTCBULL you stack, the bigger your share when the utility activates at the first milestone: Bitcoin reaching $150,000.

And it doesn’t stop there.

This milestone farming model triggers again at $200,00, then $250,000, and every $50,000 increment after that – all the way up to Bitcoin’s long-term target of $1 million.

Each level unlocks a fresh round of rewards, letting holders ride Bitcoin’s run with amplified upside.

But $BTCBULL isn’t just about riding BTC. The token itself features a supply-reduction mechanism that kicks in at $125,000 BTC and repeats every $50K after – burning supply to increase scarcity and long-term value.

And to top it off? At the $250,000 milestone, $BTCBULL holders will also receive bonus airdrops, adding to their stash just as Bitcoin enters its most explosive price territory.

Bitcoin’s price predictions

Sure, calling for Bitcoin to hit $250,000 or even $1 million might sound overly optimistic. But then again, people once doubted it would ever hit $1. Now here we are, starting May with Bitcoin hovering around $96,000 and momentum picking up fast.

Crypto is still young – just a 15-year-old market – and its full adoption curve hasn’t even played out yet. That early-stage nature is part of what makes it volatile and full of opportunity.

Plenty of investors are still trying to decide whether to trade it or hold it, flipping in and out for short-term gains.

But as last month showed, the narrative is already shifting.

April’s performance showed Bitcoin stepping into the role as a hedge against stagflation and macro uncertainty.

With economic growth slowing, inflation still lingering, and institutions piling in, it’s clear the market is waking up to what Bitcoin really represents.

So no, a seven-figure Bitcoin isn’t out of the question. In fact, some of the biggest names in crypto see it happening sooner than most expect. And with ETF inflows booming, supply drying up, and conviction growing, the setup is there.

What once seemed far-fetched might now just be the next logical milestone.

Join every Bitcoin milestone and double your $BTC

Doubling your Bitcoin stack starts with one move: loading up on $BTCBULL while it’s still early.

Because once $BTCBULL hits major exchanges, that window to double Bitcoin passive income at these prices closes fast.

Getting in is easy. Just head to the BTC Bull Token website and buy $BTCBULL using ETH, USDT, or even a bank card – no complex setup, no gatekeeping.

As mentioned, Best Wallet is the most suited Web3 wallet fully integrated with BTC Bull Token’s milestone rewards system. Hold your $BTCBULL there, and you’ll automatically qualify for Bitcoin airdrops each time a milestone is hit.

Investors can also generate a 79% annual percentage yield (APY) immediately upon staking newly purchased tokens.

Best Wallet is available now on Google Play or the Apple App Store.

Stay connected with the BTC Bull Token community on X and Telegram for milestone alerts, and airdrop updates.

The post Bitcoin Smashes $96,000 – This Meme Coin Doubles BTC Without Buying More – BTC Bull Token Raises $5.2M in ICO appeared first on Cryptonews.

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