AAVE Extends Bullish Streak, Gaining 21% as Bitcoin Pepe (BPEP) Prepares for May 31 Listing

Both assets are riding separate but equally compelling narratives, one driven by surging TVL and renewed DeFi momentum and the other driven by meme coin culture

AAVE price extended its bullish streak on Thursday, adding another 21% to reach highs of $260 as optimism in the Total Value Locked (TVL) recovery and broader Decentralized Finance (DeFi) sector pushed the token to its best levels in over a year.

The crypto is now up over 90% in the past 30 days and an astounding 207.6% over the last 12 months, putting it in the top tier of performing cryptocurrencies.

At the time of writing, AAVE is trading at $259.14, with 24-hour trading volume approaching $884 million, signalling strong demand.

AAVE price soars past $260 as DeFi optimism intensifiesAAVE price is now testing the $260-$262 resistance one last time, which is crucial for continuing the next leg of the bull market.

If the bulls manage to hold above the $240-$243 support, it will pave the way for a retest of the $300 psychological level.

On-Balance Volume has also turned sharply upward, indicating that buyers are mopping up sellers and accumulating in anticipation of further upside.

Additionally, the 24-hour price range of $218.49 to $269.13 shows some heightened volatility, but it confirms that higher lows are being formed, a classic hallmark of bullish structure.

With a market cap now over $4 billion and a circulating supply of 15.1 million tokens, AAVE appears to be gaining traction with both retail and institutional traders.

Many technical traders will be watching for potential retracements to the $210-$220 zone, which could act as new support should a short-term correction occur.

However, given its strong fundamentals, technical breakout, and rapidly climbing TVL, AAVE is positioned as a flagship asset for the quarter’s DeFi resurgence narratives.Bitcoin Pepe locks in strategic partnerships ahead of May 31 listingWhile AAVE is making headlines for its price action, Bitcoin Pepe (BPEP) is fuelling its own rally with ecosystem expansion and strategic moves ahead of its highly anticipated centralised exchange listing on May 31.

Bitcoin Pepe, powered by a new token standard called PEP-20 and a Layer-2 experience on Bitcoin, is rapidly expanding its presence with a series of partnerships.

In recent announcements, Bitcoin Pepe has forged collaborations with Catamoto for community management and engagement, Super Meme for meme-driven marketing, Plena Finance for yield optimization solutions, GETE Network for global outreach, Crypto Hunters for community engagement, and BETV for content creation and promotion.

These partnerships aim to accelerate the adoption of Bitcoin Pepe and enhance the token’s utility in diverse aspects of the cryptocurrency ecosystem.

Each partnership brings unique strengths to the table, collectively aiming to amplify Bitcoin Pepe’s visibility and appeal among crypto enthusiasts.

Bitcoin Pepe is also focusing on interoperability and staking incentives to attract users and build a loyal following.

The project is quickly becoming a point of discussion among early adopters of new tokens and meme coin fans who are interested in a broader ecosystem.

Bitcoin Pepe is currently in the last presale stage of its token offering. Its token, BPEP, has already seen a 71% price surge from Stage 1 to Stage 5.

As the presale comes to an end and the token prepares for its main exchange listing on May 31, speculation is running high about an even greater price explosion.

Bitcoin Pepe is showcasing an innovative approach to meme coins, combining the best of meme culture with a focus on technology and utility.

The project’s roadmap is packed with ambitious plans, including the development of bridge infrastructure to facilitate seamless token transfers between different blockchains, listings on prominent decentralised exchanges (DEXs) for increased liquidity and accessibility, and seamless integration of NFTs (Non-Fungible Tokens) to unlock new use cases and collectibles within the Bitcoin ecosystem.

Bitcoin Pepe’s engineering team is also diligently working on the development of advanced tools to simplify onboarding for a broader range of users.

These efforts will see the creation of user-friendly wallet extensions, enabling seamless interaction with PEP-20 tokens from popular cryptocurrency wallets.

Additionally, the team is developing an easy-to-use Software Development Kit (SDK), empowering software engineers to rapidly build and deploy novel applications and integrations around Bitcoin Pepe’s token standard.

This strategic positioning helps Bitcoin Pepe stand out in the crowded meme coin market, offering something more substantial than just hype.

With its upcoming listing fast approaching and a rapidly growing community rallying behind the project, Bitcoin Pepe is poised for a breakout moment.

In a market that is currently rewarding both utility and storytelling ability, Bitcoin Pepe’s rise comes at a time when narrative-driven investing is making a strong comeback.