This Top Analyst Says $500k Bitcoin in Play as New BTC Bull Token Attracts $2.5m in ICO

BTC Bull Token ($BTCBULL) continues to attract more funds during its presale, with the total reaching $2.5 million today.

Standard Chartered analyst Geoff Kendrick believes that Bitcoin ($BTC) could reach $500,000 before the end of U.S. President Donald Trump’s term. This projection is based on the observation that Bitcoin has historically seen strong price appreciation in the years following its halvings.

If Kendrick’s projection holds true, it would mean that Bitcoin could hit new all-time highs (ATHs) in the coming years, possibly even surpassing its $109,000 ATH this year.

However, if you think that’s good, then you should check out BTC Bull Token ($BTCBULL), the only meme coin designed to ride Bitcoin’s bull run all the way to a $1 million price tag.

Every time Bitcoin hits a significant price level – such as the next target of $150,000 – holders of $BTCBULL will receive airdropped Bitcoin, with the amount weighted according to the $BTCBULL tokens they own.

This process will repeat in increments of $50,000, so the next airdrop is scheduled for when Bitcoin hits $200,000, then $250,000, and so on.

The project is able to achieve this through the multichain technology of its wallet partner, the leading next-gen Web3 wallet, Best Wallet, which has quickly grown to more than half a million users in under a year.

All aspects of the technical process, including the interaction between the two blockchains, are seamlessly managed within the Best Wallet app. Users only need to secure the ERC-20 token $BTCBULL, and they will receive $BTC directly during the scheduled airdrops, with no need for complex wallet setups.

However, owning the $BTCBULL token provides more than just Bitcoin airdrops. $BTCBULL undergoes a supply reduction mechanism via token burns that also occur every time Bitcoin’s price increases by $50,000, starting when Bitcoin reaches $125,000.

Finally, when Bitcoin reaches $250,000, a large $BTCBULL airdrop will take place, allowing existing holders to earn even more $BTC as it continues its bull run toward $1 million.

If there’s one thing crypto enthusiasts have learned over the years, it’s that there’s room for wishful thinking when projecting the price of the leading cryptocurrency.

Back in 2017, when Bitcoin traded at $1,000, projections of it reaching $10,000 that same year were deemed outrageous. Yet, it hit $19,000 by December.

Source: TradingView

Reaching $100,000 was also seen as pure fantasy, but for Bitcoin today, it’s just a matter of another bullish push to get back to that price per unit.

As mentioned earlier, Kendrick believes that reaching $500,000 is possible during Trump’s term. Another prominent analyst, PlanB, known for using the stock-to-flow (S2F) model to support his bullish stance, sees the same potential, projecting that Kendrick’s prediction could come to fruition earlier – this year.

Achieving $500,000 would mean Bitcoin appreciating by 408% from its current price, nearly quadrupling its returns from last year (125%). While this may seem ambitious, historical patterns suggest it’s not out of the question. Every post-halving year has historically been much more bullish than the halving year itself.

This is why many remain bullish for 2025, with predictions suggesting that if Bitcoin holds multi-month support at $91,000, it could see significant upside, as pointed out by Trader T on X.

If Bitcoin does what the bulls project and reach half a million this year, those holding $BTCBULL tokens could see eight Bitcoin airdrops throughout the year. Holders will also experience eight $BTCBULL token burns and one significant $BTCBULL payout.

Source: TradingView

As long as holders don’t sell until Bitcoin reaches $500,000, they won’t just benefit from the capital appreciation of their Bitcoin holdings but also from the capital appreciation of the $BTCBULL they own.

Since this process happens eight times, it’s as if holders are earning passive income, with the potential for exponential growth.

Additionally, if holders take advantage of BTC Bull Token’s staking pool, they can grow their holdings at a 172% APY, further boosting their Bitcoin rewards when the airdrops arrive.

Truly, there’s no other meme coin with such massive income-generating potential as BTC Bull Token.