2025-2-24 13:28 |
The crypto market is familiar with Pepe, the frog-themed meme coin currently the third-largest by market cap behind Dogecoin and Shiba Inu.
However, the viral project that has investors scrambling for early positioning is Bitcoin Pepe (BPEP).
Currently in presale, the world’s only Bitcoin meme has stormed to over $3 million as ICO stages sell out quickly.
Here’s what to know about Bitcoin Pepe and why it could be an interesting project to watch
Bitcoin Pepe – the meme layer 2 for BTCWhile some see meme coin hype in action, Bitcoin Pepe (BPEP) is eyeing growth potential within a $75 billion meme market.
This is what it looks like to do by tapping into the $2 trillion market of Bitcoin. It means “building Solana on Bitcoin”.
Per the project’s whitepaper, the result is a meme layer 2 for BTC that merges the speed of Solana and Bitcoin’s security.
Part of the huge interest in Bitcoin Pepe is down to the fact that meme coins skyrocketed past the $100 billion mark without BTC.
Meanwhile, the world’s most popular digital asset currently sits at $2 trillion.
It’s heights that see BTC rank above Meta, Saudi Aramco and Silver as the world’s 7th most valuable asset.
Bitcoin Pepe benefits from BTC resilience and meme hypeRecent meme coin ecosystem events, including the Libra debacle, have not helped the market.
The same can be said of the $1.4 billion hack on Bybit by North Korea-backed Lazarus Group. However, as anyone who’s taken a keen look at the market can attest to, crypto is as resilient as ever.
Indeed, bulls point to the market’s ability to bounce from similar incidents before.
Ethereum rose slightly despite the hack. However, the most bullish sentiment is around Bitcoin, while meme coins have churned gems.
Bitcoin, on the verge of nation-state adoption, and memes, crypto’s biggest adoption avenue, are a combination that comes alive via. Bitcoin Pepe.
The project claims to build an ecosystem powered by the new PEP-20 standard.
If the project delivers on milestones such as low transaction fees, bridge and DEX launch, it could help elevate meme coins to the next level.
Bigger picture? BPEP could even eclipse DOGE, PEPE and SHIB.
That’s if traction within the BTC ecosystem takes shape.
BPEP presale hits $3 million milestoneThe Bitcoin Pepe ICO has raced through the first four stages, attracting significant attention.
BPEP is now in stage 5, which is about to sell out. The project has raised over $3 million from early adopters, with the presale accelerating.
A look at the market shows this is happening despite the slowdown that has BTC price consolidating below $100k, and Solana among other top altcoins struggling.
It shows not only the interest the project has garnered but also notable market confidence in what lies ahead for BPEP.
At $0.0255 in the current presale stage, Bitcoin Pepe offers what many will consider a bargain entry point.
However, with the market known for its volatility and uncertainty, the good old mantra of DYOR is important.
To learn more, visit the official Bitcoin Pepe page.
The post Bitcoin Pepe hits $3M amid meme BTC layer 2 hype appeared first on Invezz
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