Feel Good Friday 13th Edition: xAI600k, Texas Bitcoin Reserve, Wall Street Pepe

On this edition of Feel Good Friday, we get into ‘Elon Musk’s’ xAI600k token, the new Texas Bitcoin Reserve, and the next potential meme coin 100x Wall Street Pepe. I know it’s Friday the 13th, but expect something magical today.

It’s the end of 2024, and I feel sentimental. So, tell us, what’s your biggest takeaway on crypto so far?

For me, it would have to be that there will always be more opportunities. The best way to make money seems to be to get in early or in a bear market and hold. Bitcoin seems overpriced right now, but I remember people saying it was overpriced at $20,000 (looking at you, Peter Schiff). In 10 years, I can imagine we’ll all say, “I wish I’d bought it at $100k.”

You have to zoom out to make it and start thinking long-term.

Let’s get into the top crypto stories shaking up the world today.

‘Elon Musk’s’ New xAI600k Coin

Um, what the hell is this thing?

“xAI600k” is lighting up Google searches while Twitter accounts—likely bots—push hard for this new seemingly Elon Musk-endorsed AI token. The problem is this token has absolutely no link to Elon Musk, no matter how much they insist.

Moreover, several YouTube accounts are shilling for it, like a fake Brian Jung and fake CryptoRUs that had me fooled for a second until I heard all the grammatical mistakes. Accounts like this need to be banned.

Here are two more lessons that will get you far in crypto:

1. Not to buy scam neet coins that have lots of red flags
2. If it’s being shilled constantly by bots or AI, you are someone’s exit liquidity

Now, is xAI600k that? We don’t know. It might be legit, but there are too many red flags for us.

If you’re interested in investing in this trending AI coin, do lots of research first!

Texas Bitcoin Reserve Is Finally Happening

In other news, a bill to establish a strategic bitcoin reserve hit the Texas House Thursday, with Rep. Giovanni Capriglione pitching the details on X Spaces.

Yee Haw pardner! Naw that’s a good thing that’s happenin’ over yonder. The gettin’s good that’s hwat I say. Texas baby!

(My dad lives in Texas; please don’t kill me, Texans)

Taxes, fees, and even donations in Bitcoin would feed the reserve, which the state plans to hold for at least five years. Some see it as an early step for the U.S. Treasury to take notes.

The rush into Bitcoin is shaping up like an arms race, dragging in corporations, states, and sovereign nations alike.

Here’s how we think it will play out and why Bitcoin will become an asset that could potentially create systemic economic risks if it collapses (so they won’t let that happen):

Phase 1: Institutional Adoption
Major U.S. corporations, such as Tesla and MicroStrategy, and financial institutions have set the stage by holding Bitcoin as a reserve asset or investment.

Bitcoin has become seen as “digital gold,” with narratives around its deflationary nature and protection against inflation driving demand.

Phase 2: ETFs and Leverage
Approval of Bitcoin spot ETFs accelerates institutional and retail adoption. Due to their accessibility and perceived safety, ETFs attract trillions of dollars in investments.

Leveraged ETFs (e.g., 2x or 3x Bitcoin ETFs) amplify exposure to Bitcoin’s price movements. THIS is the phase we’re at right now.

Phase 3: Corporate Integration
And here’s where we’re going: Major companies like Apple, Google, and Amazon will add Bitcoin to their balance sheets. It only takes one to cause FOMO. CFOs justify this move as diversification and alignment with progressive financial trends. BTC could be used for payroll, corporate transactions, and intercompany settlements.

Phase 4: Financialization of Bitcoin
Lastly, eventually, we’ll see Bitcoin-backed securities, derivatives, and structured products proliferate in financial markets.

Banks will create products like Bitcoin-backed mortgages or loans, and Bitcoin serves as collateral for high-stakes institutional trading.

Wall Street Pepe Will Outperform xAI600k Coin

If you closely follow our presale news, you’d be very rich right about now (NFA). We’ve been promoting the Pepe Unchained presale for months here and on our YouTube channel. This week, it shot up over 300%, becoming the top trending coin on CoinMarketCap.

My editor and I were kicking ourselves for not buying more.

The next presale that is already trending on Google is Wall Street Pepe ($WEPE). We’ve seen $WEPE already raked in over $15 million in presale, aiming straight for the top spot in 2024. Pepe’s back with a vengeance, playing the pros at their own game.

But the clock’s ticking, and at $0.0003635 per token, the price surge is right around the corner. Move fast or miss out.

This cycle feels more genuine; even the new meme coins feel like they have some soul and are fun. I only hold small bags of memes, but once normies flood in, it won’t be as fun anymore.

Holding $WEPE isn’t just owning a token—it’s a pass into the inner circle. With exclusive signals, strategies, and alpha calls, the playing field starts to even out for retail traders.

The WEPE army, barely two weeks old, has smashed through their daily fund rate of $457,000, raising close to $700,000 daily. With a collective mantra to outsmart the whales, this is the people’s coin. Sweetening the pot, WEPE holders can throw their best trade ideas into the ring and earn rewards in tokens, fueling a system to keep the edge sharp.

You can join the $WEPE Army community via X and Telegram.

Well, that’s all we got for this week’s Feel Good Friday. Don’t step on any cracks this Friday, the 13th, and may your crypto bags be blessed.

Visit Wall Street Pepe Here

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Disclaimer

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