{"id":12442,"date":"2025-02-11T12:16:32","date_gmt":"2025-02-11T12:16:32","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=12442"},"modified":"2025-02-11T12:16:32","modified_gmt":"2025-02-11T12:16:32","slug":"meme-coins-and-other-crypto-set-to-explode-as-19th-us-state-introduces-a-bitcoin-bill","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=12442","title":{"rendered":"Meme Coins and Other Crypto Set to Explode as 19th US State Introduces a Bitcoin Bill"},"content":{"rendered":"<div>\n<p>North Carolina is the most recent US state to introduce a strategic Bitcoin reserve bill. That\u2019s not only good news for Bitcoin \u2013 it\u2019s great news for the entire crypto market, including meme coins.<\/p>\n<p>North Carolina Speaker of the House Destin Hall <a href=\"https:\/\/x.com\/ncspeakerhall\/status\/1889027685428363686\" rel=\"nofollow\" target=\"_blank\">announced on X<\/a> that he had filed the North Carolina Digital Assets Investments Act (HB 92). This would effectively authorize the State Treasurer to invest in digital assets to create a reserve fund, thereby diversifying the state\u2019s investments.<\/p>\n<p>This, he added, aligns \u2018with President Trump\u2019s vision for a national Bitcoin stockpile and ensuring North Carolina leads at the state level.\u2019<\/p>\n<p><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter wp-image-393749 size-full\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/02\/Twitter_709a99.png?resize=600%2C933\" alt=\"North Carolina's Destin Hall announces the US State's Bitcoin Bil\" width=\"600\" height=\"933\" srcset=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/02\/Twitter_709a99.png?w=600 600w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/02\/Twitter_709a99.png?w=270 270w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/02\/Twitter_709a99.png?w=424 424w\" sizes=\"(max-width: 600px) 100vw, 600px\"><\/p>\n<p>The proposed bill allows the use of state funds to invest in <a href=\"https:\/\/www.investor.gov\/introduction-investing\/general-resources\/news-alerts\/alerts-bulletins\/investor-bulletins\/ETPBulletinSeptember2024#:~:text=Spot%20bitcoin%20and%20ether%20ETPs%20are%20exchange-traded%20commodity%20trusts,investment%20in%20the%20underlying%20asset.\" rel=\"nofollow noopener\" target=\"_blank\">exchange-traded products<\/a> (ETPs) linked to digital assets as long as those assets have an average market capitalization of at least $750B. And those investments cannot exceed 10% of the state\u2019s total funds.<\/p>\n<h2>The Great Migration to Strategic Bitcoin Reserves Amid the US Crypto Rush<\/h2>\n<p>This recent move by North Carolina brings the number of US states currently with a bill proposing crypto investment legislation to 19.<\/p>\n<p>This ever-growing list of states that are embracing digital assets excludes Arizona and Utah, where strategic Bitcoin reserve bills have already been passed. They now await a vote by the respective senators. Here are all 19 as per the Bitcoin Reserve Monitor:<\/p>\n<table>\n<tbody>\n<tr>\n<td><b>US States That Have Proposed Strategic Bitcoin Reserves<\/b><\/td>\n<\/tr>\n<tr>\n<td>Alabama<\/td>\n<td>New Hampshire<\/td>\n<\/tr>\n<tr>\n<td>Florida<\/td>\n<td>New Mexico<\/td>\n<\/tr>\n<tr>\n<td>Illinois<\/td>\n<td>North Carolina<\/td>\n<\/tr>\n<tr>\n<td>Iowa<\/td>\n<td>Ohio<\/td>\n<\/tr>\n<tr>\n<td>Kansas<\/td>\n<td>Oklahoma<\/td>\n<\/tr>\n<tr>\n<td>Kentucky<\/td>\n<td>Pennsylvania<\/td>\n<\/tr>\n<tr>\n<td>Maryland<\/td>\n<td>South Dakota<\/td>\n<\/tr>\n<tr>\n<td>Massachusetts<\/td>\n<td>Texas<\/td>\n<\/tr>\n<tr>\n<td>Missouri<\/td>\n<td>Wyoming<\/td>\n<\/tr>\n<tr>\n<td>Montana<\/td>\n<td><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>So far, North Dakota is the only US state where a proposal for a strategic Bitcoin reserve has been rejected.<\/p>\n<h2>Why is This Good for All Crypto, Including Meme Coins?<\/h2>\n<p>Bitcoin is the granddaddy of crypto. And what\u2019s good for Bitcoin is good for all \u2014 even <a href=\"https:\/\/bitcoinist.com\/best-new-cryptocurrency-projects-to-watch-in-2025\/\" target=\"_blank\" rel=\"noopener \">new cryptocurrencies<\/a>. The more crypto is accepted by governments, the higher the likelihood that traditional investors will look to crypto.<\/p>\n<p>Meme coins, meanwhile, really came into their own last year. In 2024, these saw a combined market capitalization of $20B; they <a href=\"https:\/\/www.dwf-labs.com\/research\/490-how-memecoin-culture-is-changing-the-crypto-market\" target=\"_blank\" rel=\"noopener nofollow\">grew 500% over 12 months<\/a> to end the year at an eye-watering $120B.<\/p>\n<p><img loading=\"lazy\" data-recalc-dims=\"1\" decoding=\"async\" class=\"wp-image-393791\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/02\/Screenshot-2025-02-11-at-11.22.28-2-1.png?w=640&amp;resize=700%2C292\" alt=\"The top meme coins by market cap\" width=\"700\" height=\"292\" srcset=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/02\/Screenshot-2025-02-11-at-11.22.28-2-1.png?w=3250 3250w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/02\/Screenshot-2025-02-11-at-11.22.28-2-1.png?w=640 640w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/02\/Screenshot-2025-02-11-at-11.22.28-2-1.png?w=768 768w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/02\/Screenshot-2025-02-11-at-11.22.28-2-1.png?w=980 980w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/02\/Screenshot-2025-02-11-at-11.22.28-2-1.png?w=1536 1536w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/02\/Screenshot-2025-02-11-at-11.22.28-2-1.png?w=2048 2048w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/02\/Screenshot-2025-02-11-at-11.22.28-2-1.png?w=750 750w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/02\/Screenshot-2025-02-11-at-11.22.28-2-1.png?w=1140 1140w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/02\/Screenshot-2025-02-11-at-11.22.28-2-1.png?w=3000 3000w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\"><\/p>\n<p>Little wonder all eyes are on the <a href=\"https:\/\/bitcoinist.com\/best-meme-coins-2\/\" target=\"_blank\" rel=\"noopener \">top meme coins<\/a> to see how they\u2019ll perform this year. And it\u2019s not only $DOGE, $SHIB, $PEPE, and the other meme coin OGs that are worth watching. Newly listed meme coins and even those on presale are definitely worth watching.<\/p>\n<p>One of the newest kids on the block \u2013 <a href=\"https:\/\/bitcoinist.com\/visit\/bitcoinbull\" target=\"_blank\" rel=\"noopener \">BTC Bull ($BTCBULL)<\/a> \u2013 is a prime example. This presale meme coin launched on February 10 and raised $100K within minutes. Less than one day later, its kitty stands at over $533K.<\/p>\n<p>The BTC Bull Token offers a very unique proposal. Built to champion $BTC\u2019s charge to $250K and beyond, it\u2019s the only crypto (never mind meme coin) with real Bitcoin airdrops. If you\u2019re a $BTCBULL Token holder, you\u2019ll receive that $BTC every time Bitcoin reaches a significant price milestone.<\/p>\n<p>That means benefiting from Bitcoin price rallies without needing to hold any $BTC. And that makes BTC Bull one of the <a href=\"https:\/\/bitcoinist.com\/best-long-term-crypto-to-hold\/\" target=\"_blank\" rel=\"noopener \">best coins to invest in and hold<\/a>. The first BTC Bull airdrop will take place when the $BTC price hits $150K.<\/p>\n<p>Although even that milestone is FUD in the eyes of the Meme Bull Army of $BTCBULL Token holders. Crypto airdrops will take place when $BTC reaches $200K, again at $250K, and onwards to the $1M mark.<\/p>\n<p><img loading=\"lazy\" data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter wp-image-393751 size-large\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/02\/BTCBULL_02c320.png?w=700&amp;resize=700%2C383\" alt=\"The BTC Bull Token champions Bitcoin, the digital asset of the proposed US state strategic reserve\" width=\"700\" height=\"383\" srcset=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/02\/BTCBULL_02c320.png?w=700 700w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/02\/BTCBULL_02c320.png?w=640 640w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\"><\/p>\n<p>The BTC Bull presale is in its very first stage. This means the $BTCBULL price is currently the cheapest it will ever be. In other words, at $0.002355 for 1 $BTCBULL, the price doesn\u2019t get more early bird than this.<\/p>\n<p>It won\u2019t stay that price for long, though. A price increase is around the corner. So, with $BTC on track to become the number one asset in the world, now\u2019s the time to get your hands on some $BTCBULL. Do that on the <a href=\"https:\/\/bitcoinist.com\/visit\/bitcoinbull\" target=\"_blank\" rel=\"noopener \">official BTC Bull Token website<\/a> or via the <a href=\"https:\/\/bitcoinist.com\/visit\/bestwalletapp\" target=\"_blank\" rel=\"noopener \">Best Wallet app<\/a>.<\/p>\n<p>Don\u2019t forget to first DYOR, though. The BTC Bull <a href=\"https:\/\/btcbulltoken.com\/assets\/documents\/whitepaper.pdf?v3\" target=\"_blank\" rel=\"noopener nofollow\">whitepaper<\/a> has valuable info, and visit <a href=\"https:\/\/x.com\/BTCBULL_TOKEN\" target=\"_blank\" rel=\"noopener nofollow\">$BTCBULL\u2019s X platform<\/a> for regular updates.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>North Carolina is the most recent US state to introduce a strategic Bitcoin reserve bill. That\u2019s not only good news for Bitcoin \u2013 it\u2019s great news for the entire crypto market, including meme coins. North Carolina Speaker of the House Destin Hall announced on X that he had filed the North Carolina Digital Assets Investments [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-12442","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/12442","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12442"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/12442\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12442"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12442"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12442"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}