The NASDAQ, the S&P500, and Bitcoin are facing serious pressure, while Bitcoin Pepe, Bitcoin’s unofficial meme chain, hits $6.3m raised in its presale.
Traders are still searching for asymmetric returns despite the Trump tariff 'wrecking ball' swinging in the background. Crypto native projects appear to be better insulated from the turbulence in traditional financial markets, explaining an uptick in demand for BPEP.
Infrastructure investments remain a consistent theme, and traders are turning their attention to meme-focused infrastructure with Bitcoin Pepe aiming to transform BTC from a passive store of value chain to an active and more dynamic meme-based economy.
Bitcoin Pepe quietly raises $6.3m while BTC slides
Bitcoin Pepe has secured impressive presale funding to build the world’s first meme-centric Bitcoin Layer 2, or as the project’s whitepaper says, ‘Solana on Bitcoin.’
The idea is to apply the L2 playbook not to Ethereum, but to Bitcoin, which offers stronger security guarantees, while also unlocking crypto’s largest dormant liquidity pool.
Channeling speculative interest in memes toward crypto’s oldest network could mark a shift in Bitcoin's role - from a so-called ‘boomer chain’ to the frontier for on-chain activity. Bitcoin Pepe aims to achieve this through its product offerings, which include the L2 itself, a native DEX, a new token standard, and a native bridge.
BPEP’s technical edge
Bitcoin has yet to see widespread success in tokenization. While efforts like Ordinals and BRC-20s have emerged, the user experience has remained far from ideal.
The Bitcoin Pepe L2 will ensure users benefit from Bitcoin’s security—that’s where all transactions will finally settle—and the EVM compatibility layer will allow for new assets, PEP-20 tokens, and DeFi on Bitcoin for the first time.
The PEP-20 token standard is a key component of Bitcoin Pepe, potentially positioning Bitcoin to benefit from asset issuance: historically, one of the most significant growth drivers for layer one assets.
The ERC-20 standard was a major catalyst for Ethereum’s rise during DeFi Summer, and Solana’s SPOL standard played a pivotal role in enabling the meme coin surge of 2024.
Bitcoin lacked a comparable framework until Bitcoin Pepe's arrival. With the introduction of its L2, participants will be able to trade these new assets at minimal cost, with high throughput, and benefit from strong security.
Why BPEP may have an edge over other altcoins this year
BPEP’s presale performance, raising $6.3m despite the market downturn, highlights growing interest in meme-focused infrastructure. 50% of the total 2.1 billion tokens are allocated to the ongoing presale, which features a 5% price adjustment across each of its 30 stages.
Currently priced at $0.0295, BPEP is supported by a strong narrative backdrop, as Bitcoin, despite recent volatility, continues to assert its position as the market’s central asset. Bitcoin dominance is steadily rising, with projections suggesting it could reach 71% this year.
Bitcoin Pepe is a full-stack experiment merging elements of Solana and Bitcoin, aiming to introduce a new narrative for BTC. BPEP is the gas token, and currently represents a way to align with the view that meme coin infrastructure could play a prominent role in the market later this year—with the potential for asymmetric outcomes tied to early-stage participation.
To learn more about Bitcoin Pepe, check out the Official Website.